大门前贴着1月24日公布的清偿流程、现场登记提示，门后则悬挂着"感谢粉丝的支持与信任杰我睿""线 下回收"等数条醒目红色横幅，但楼道口已被封禁，大门也已紧锁，无法从外部靠近。1月30日上午，深 圳市杰我睿珠宝有限公司（下称"杰我睿"）位于深圳市特发保税大厦3栋3楼A区的办公点，已经人去楼 空。 （杰我睿工作室 第一财经摄） 就是在这个占地面积不大、外观也不起眼的办公点里，杰我睿的网红老板"阿腾"，以踏实可靠的形象， 频繁在各大社交平台现身，通过发布回收、制作黄金的各类视频，吸引了全国十多个省份的用户，参与 了大量的黄金、白银等贵金属的寄售、回收以及高杠杆预定价买卖等交易。 从1月中下旬开始，杰我睿及多个关联线上平台（下称"杰我睿线上平台"）出现兑付困难，波及全国多 地投资者。 这家以"免工费"、"高价回收"走红社交媒体的珠宝公司，如何在短短数年间，从一个普通珠宝门店扩张 为覆盖黄金、白银实体与预定价交易的复杂平台？又如何在社交平台上层层引导普通用户走向高风险交 易？第一财经进行了深度调查。 "别出心裁"的引流法 "大家好，我是阿腾。" 这是杰我睿负责人张志腾，以前在网络短视频里最常用的开头语。 这句平常不过的 ...

Group 1 - The company Chao Hong Ji has initiated a new round of price adjustments for various gold jewelry items, with price increases ranging from several hundred to over ten thousand yuan [1] - Chao Hong Ji has applied for over 400 patents, primarily focusing on design patents, which include products such as pendants, necklaces, and bracelets [1]

Group 1 - International gold and silver prices reached historical highs on January 19, with spot gold surpassing $4690 per ounce, marking a daily increase of over 2% [1][2] - Spot silver prices also broke the $94 per ounce mark, indicating a significant rise in precious metal values [1] Group 2 - Domestic gold jewelry prices have seen substantial increases, with brands like Lao Miao Gold pricing their gold jewelry at 1459 yuan per gram, up 24 yuan from the previous day [3] - Other brands such as Chow Sang Sang and Lao Feng Xiang also reported price hikes, with increases ranging from 19 to 24 yuan per gram [3] - The price adjustments reflect a broader trend in the market, as several brands have raised their prices for gold jewelry, with some items seeing increases of several hundred to tens of thousands of yuan [5][7] Group 3 - The price adjustments in gold jewelry are attributed to the rising costs of raw materials and related expenses, prompting brands to periodically adjust their pricing [9] - Chow Sang Sang was among the first to announce price increases for fixed-price gold jewelry, with adjustments ranging from 200 to 1500 yuan [9] - The upward trend in gold prices is expected to continue into 2026, with Chow Sang Sang reporting a 98 yuan increase in the price of their gold jewelry since early January [9]

Group 1 - On January 19, international gold and silver prices reached historical highs, with spot gold surpassing $4690 per ounce, marking a daily increase of over 2% [1]. - Spot silver prices also broke the $94 per ounce mark [1]. Group 2 - Domestic gold jewelry prices have seen significant increases, with various brands reporting price hikes: Lao Miao gold at 1459 yuan per gram (up 24 yuan), Chow Sang Sang at 1451 yuan (up 22 yuan), and Lao Feng Xiang at 1456 yuan (up 20 yuan) [3]. - Chow Sang Sang initiated a price adjustment on January 16, with increases ranging from hundreds to tens of thousands of yuan, including a pendant that rose by 19,000 yuan [5]. - The overall price increase for fixed-price products is between 10% to 20%, with some brands continuing to adjust prices in response to rising gold prices [7]. - The price of Chow Sang Sang's gold jewelry has increased by 98 yuan per gram since early January [9].

Core Viewpoint - Chow Tai Fook has announced a price increase on certain gold jewelry items due to rising procurement and production costs resulting from a new gold tax policy effective November [1][3]. Group 1: Price Increase Details - The price increase affects lightweight gold items such as small gold beans and pendants, with price hikes of several hundred yuan noticeable to consumers [3]. - For heavier items like bracelets weighing over 100 grams, the price increase could exceed 10,000 yuan, significantly impacting consumer purchasing decisions [3]. - The new tax policy reduces the VAT deduction rate for gold jewelry manufacturers from 13% to 6%, leading to increased costs [3]. Group 2: Previous Price Adjustments - On October 30, Chow Tai Fook had already raised prices on certain gold products, with expected increases of 12%-18% due to ongoing gold price rises and cost pressures [5][6]. - A specific example includes a gold pendant that previously sold for approximately 2,886 yuan, which is expected to rise to over 3,400 yuan, reflecting a nearly 20% increase [5]. - Reports indicate that actual price increases for many products may reach 20%-30%, with some items seeing dramatic price jumps, such as a gold and diamond pendant that increased from over 4,500 yuan to 7,200 yuan [6]. Group 3: Market Response and Future Strategies - Chow Tai Fook is exploring strategies to adapt to the changing market conditions and the impact of the new tax policy on its operations [11].

Core Viewpoint - The introduction of self-service gold vending machines in Changsha reflects a growing consumer demand for convenient and transparent gold trading options, coinciding with a significant rise in gold prices. Group 1: Market Trends - On October 14, spot gold prices reached $4,160 per ounce, marking an increase of over $1,500 for the year, which has spurred consumer interest in gold exchanges [1] - The emergence of self-service gold vending machines is seen as a response to evolving consumer needs and technological advancements in the gold market [8] Group 2: Product Features - The self-service machines offer a variety of gold products, including gold blind boxes, gold stickers for mobile phones, gold bars, and pendants, with clear pricing displayed [2] - The machines allow for free testing and recycling of gold items, with a process that includes automatic weight and purity detection, ensuring transparency [4][6] Group 3: Consumer Experience - The operation of the machines is designed to be user-friendly and transparent, reducing the risk of deceptive practices often encountered in traditional gold shops [6] - Consumers have expressed concerns about potential machine malfunctions, but staff have assured that assistance is available if issues arise [6] Group 4: Pricing Structure - The service fee for recycling gold through these machines is set at 20 yuan per gram, which is higher than bank recycling fees but comparable to fees charged by second-hand platforms [7] - For example, a recent transaction calculated the final recycling price after deducting the service fee from the gold's market value, illustrating the pricing mechanism [7] Group 5: Industry Outlook - Industry experts suggest that the rise of self-service gold vending machines is a natural evolution in the gold market, with the potential to attract younger consumers who value convenience and transparency [8]

Group 1 - The Huajiang Gorge Bridge in Zhenfeng County, Guizhou Province, officially opened on September 28, becoming the world's highest bridge at 2,890 meters long and 625 meters above water, significantly reducing travel time across the river from over two hours to approximately two minutes, thus supporting regional transportation and economic development [1] - China Gold Group is innovating a "Gold + Bridge Tourism Culture" integration model, featuring a cultural display area with a "Golden Nine-Dragon Wall" made of high-purity gold (Au99.999) and launching a series of gold cultural products inspired by the bridge, including gold banknotes, bars, pendants, earrings, and rings [1] - During the bridge's opening, China Gold launched limited edition "Love Stronger than Gold" products, including gold ore specimens and love letter sets, with promotional activities at local stores and special offers at the bridge's gold counter [1] Group 2 - As a designated support unit for Zhenfeng County, China Gold Group has actively contributed to local economic and social development through various means, including deploying personnel, investing funds, improving infrastructure, and promoting industrial upgrades [2] - Since 2016, China Gold has invested a total of 180.9 million yuan in aid, implemented 129 support projects, and trained 5,706 grassroots officials and skilled personnel [2] - From 2021 onwards, China Gold has directly purchased local agricultural products worth nearly 12 million yuan and helped sell over 30 million yuan, establishing a long-term support mechanism [2]

Core Points - The completion of the Huajiang Gorge Bridge in Guizhou Province marks a significant achievement, being the world's highest bridge at 625 meters above water and the longest span in mountainous areas at 1420 meters, greatly enhancing regional transportation and economic development [1][3] - China Gold Group is leveraging the bridge's opening to promote a "gold + bridge tourism culture" model, featuring cultural displays and limited edition gold products inspired by the bridge [3][4] - Since 2016, China Gold Group has invested 180.9 million yuan in local development projects in Zhengfeng County, implementing 129 assistance projects and training over 5,706 local talents [3][4] Company Initiatives - The bridge includes a cultural exhibition area showcasing a "Golden Nine Dragons Wall" made of high-purity gold and a series of gold creative products such as gold bars and jewelry [3] - During the bridge's opening period, promotional activities are being conducted at local China Gold stores, including special gifts for newlyweds registering at the bridge [3] - China Gold Group plans to continue its support for Zhengfeng County's development, focusing on cultural empowerment and rural revitalization [4]

Core Viewpoint - The recent launch of popop's gold jewelry series, leveraging the popularity of the IP Baby Molly, has resulted in significant consumer interest and sales growth, coinciding with a rising gold price trend [1][7][10]. Group 1: Product Launch and Market Response - Popop, a jewelry brand under Pop Mart, has officially released its first gold jewelry series, featuring products like gold beads, pendants, and decorative items, priced between 980 yuan and 56,800 yuan [1][7]. - The most expensive item in the series is a 41-gram gold bottle ornament, priced at 56,800 yuan [1]. - Within three days of the launch, popop's two offline stores experienced a notable increase in customer traffic and sales [1]. Group 2: Industry Context and Market Potential - The Chinese jewelry market is projected to reach a scale of approximately 778.8 billion yuan in 2024, indicating significant growth potential despite current challenges such as demand fatigue and product homogeneity [7][12]. - The gold jewelry market is facing a decline in consumption, with a reported 3.54% decrease in gold consumption and a 26% drop in gold jewelry demand in the first half of 2025 [12][15]. - The recent surge in gold prices, with COMEX gold futures reaching over 3,700 USD per ounce, has led to increased retail prices for gold jewelry, with some brands pricing gold at 1,092 yuan per gram [12][13]. Group 3: Company Performance and Strategic Direction - Pop Mart reported a revenue of 13.88 billion yuan in the first half of 2025, marking a year-on-year increase of 204.4%, with net profit exceeding the total for the entire year of 2024 [9]. - The company aims to redefine jewelry as a medium for emotional expression and personal sentiment, focusing on creating wearable art that resonates with consumers [15][16]. - The strategy of integrating IP with jewelry is seen as a pathway to attract younger consumers and create trendy products, as evidenced by collaborations with well-known IPs by leading jewelry brands [15][16].

Group 1 - Bernard Arnault, the chairman and CEO of LVMH, was spotted in Shanghai on September 16, marking his third consecutive year visiting China [1] - During his visit, Arnault and his team visited the Lao Pu Gold store in Shanghai's IFC Mall, where he closely observed various gold items and commented on their craftsmanship as "very exquisite and interesting" [1]