Core Insights - The platinum market has seen a significant price increase, surpassing 300 yuan per gram, with a year-to-date growth of over 36%, outpacing gold's growth [1] - There is a notable shift in consumer preference towards platinum due to rising gold prices, leading to a supply-demand imbalance for platinum jewelry [1] Group 1: Industry Overview - As of late June, there are 17,400 existing companies related to platinum products in China, with a concentration of 79.64% in the South China region [2] - The East China region follows with a 10.4% share of these companies [2] Group 2: Company Age Distribution - Over 70% of the existing platinum-related companies have been established for more than five years, with 51.06% founded between 5 to 10 years ago and 25.09% established for over 10 years [3] - Companies established within the last year represent only 1.62% of the total [3] Group 3: Industry Classification - The majority of platinum-related companies fall under the wholesale and retail sector, accounting for 81.52% of the total [4] - Manufacturing companies make up 5.09%, while other industry classifications each represent less than 5% [4]