Yuyuan Group and others establish a jewelry company specializing in the sale of gold and silver products.

According to the Qichacha app, recently, Hubei Yuchu Jin Jewelry Co., Ltd. was established, with Li Guochen as the legal representative and a registered capital of 10 million yuan. Its business scope includes retail of jewelry, wholesale of jewelry, manufacturing of jewelry, jewelry recycling and repair services, and sales of gold and silver products. The equity penetration of Qichacha shows that the company is jointly held by Shanghai Yuyuan Jewelry Fashion Group Co., Ltd. under Yuyuan Group.