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On the Record · Kingold Jewelry

Kingold Jewelry acquisitions, on the record

The businesses Kingold Jewelry bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Jewelry Park (Wuhan Kingold's interest, transferred to Wuhan Lianfuda Investment Management Co., Ltd.)
Word for word“Pursuant to the transfer contract, Wuhan Lianfuda is obligated to pay Wuhan Kingold RMB 1.14 billion (approximately US $164.2 million) (“Selling Price”).” 10-K for 2016
divestiture—RMB 1.14 billion (approximately US $164.2 million)
Land use rights for a parcel of land in Wuhan (Jewelry Park), via Wuhan Wansheng House Purchasing Limited and Wuhan Huayuan Science and Technology Development Limited Company
Word for word“Wuhan Kingold committed to provide a total sum of RMB 1.0 billion (approximately $144 million as of December 31, 2016) for the acquisition of this Land Use Right and to finance the entire development and construction of a total of 192,149 square meters (approximately 2,068,000 square feet) of commercial properties, which were proposed to include a commercial wholesale center for various jewelry manufacturers, two commercial office buildings, a commercial residence of condominiums as well as a hotel.” 10-K for 2016
acquisition—RMB 1.0 billion (approximately $144 million as of December 31, 2016)
Dragon Lead Group Limited (Dragon Lead)
Word for word“Pursuant to the acquisition agreement, we agreed to acquire 100% of the issued and outstanding capital stock of Dragon Lead in exchange for the issuance of 33,104,234 newly issued shares of our common stock.” 10-K for 2016
acquisition—33,104,234 newly issued shares of our common stock
Internet software business (sold to former management)
Word for word“We operated that business until September 11, 2002, when we sold that business to our former management and we became a shell company with no significant business operations.” 10-K for 2016
divestitureSeptember 11, 2002—
Internet software business of a wholly-owned subsidiary
Word for word“We operated that business until September 11, 2002, when we sold that business to our former management and we became a shell company with no significant business operations.” 10-K for 2017
divestitureSeptember 11, 2002—
Dragon Lead Group Limited
Word for word“Pursuant to the acquisition agreement, we agreed to acquire 100% of the issued and outstanding capital stock of Dragon Lead in exchange for the issuance of 33,104,234 newly issued shares of our common stock.” 10-K for 2017
acquisition—33,104,234 newly issued shares of our common stock
Wuhan Wansheng House Purchasing Limited and Wuhan Huayuan Science and Technology Development Limited Company
Word for word“10.19 Acquisition Agreement (English translation), dated October 23, 2013, among Wuhan Kingold Jewelry Company Limited, Wuhan Wansheng House Purchasing Limited and Wuhan Huayuan Science and Technology Development Limited Company (incorporated by reference to Exhibit 10.1 to our Current Report filed on Form 8-K with the Commission on October 29, 2013).” 10-K for 2017
agreed acquisitionOctober 23, 2013—
internet software products and services business (three-dimensional content over the internet)
Word for word“We operated that business until September 11, 2002, when we sold that business to our former management and we became a shell company with no significant business operations.” 10-K for 2018
divestitureSeptember 11, 2002—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash received from selling businesses
2016-12-31$171.6 million
2017-12-31$0

Deal filings since 2016

Read from Kingold Jewelry’s annual reports (10-K for 2018, 10-K for 2017, 10-K for 2016) and the financial data it files with the SEC, as of 2019-04-02. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.