Oriental Jinhao: Domestic Emerald Industry Giants

The company is currently the only listed company in the domestic jade industry. It is the largest supplier of jadeite raw materials, jade jewelry product manufacturers, wholesale and retailers, and brand franchise chain suppliers. The marketing network has begun to take shape. Shenzhen has more than 3,200 square meters of modern jewelry processing plants and exhibition hall, in Kunming, Yunnan Province has more than 10,000 square meters of jewelry stores.

The company's 12-year performance has continued to release, and its interim results have reached 0.29 yuan, which has exceeded the annual level of 11 years. In the first half of the year, the company's performance significantly benefited from the revenue from the jewellery and jade business and the substantial increase in gross profit. In the first half of the year, net profit increased by 142.62%. It is expected that net profit attributable to shareholders of listed companies for January to September 2012 will increase by 100% to 180% compared with the same period of last year.

At the same time, the industry has potential advantages. In July of this year, the Myanmar government was cancelled due to political reasons. The follow-up situation is still unknown. Foreign capital may enter the mines in Myanmar for exploitation. Both the U.S. and Japanese funds are in talks with the government. The potential cancellation of the public offer does not rule out the impetus for the next round of jade prices; China's jewelry industry has the potential for tax reform. This positive expectation will also push up the secondary market's stock price to keep rising.