New Standard Boosts Achieving New Industry Height —China Gold 99999 Extreme Pure Gold Series of Products-News advisory-Shandong Applied Research Centre of Gold Nanotechnology
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News advisory
News advisory

New Standard Boosts Achieving New Industry Height —China Gold 99999 Extreme Pure Gold Series of Products


Li Hao, former first vice chairman of Financial and Economic Affairs Committee, former deputy secretary general of The State Council, former secretary of Shenzhen Municipal Party Committee and Sun Zhaoxue, president of China Gold Association, director of National Technical Committee 379 on Gold of Standardization Administration of China, president of China National Gold Group Corporation unveil “China Gold 99999 Extreme Pure Gold Series of Products”

   Shenzhen — Sun Zhaoxue, president of China Gold Association, director of National Technical Committee 379 on Gold of Standardization Administration of China, president and secretary of the Party Committee of China National Gold Group Corporation announced on Sept 13, “99.999 High-Purity Gold National Standard” has been issued and implemented. The standard was officially issued on Sept 1. It filled in gaps for high-purity gold international standards and provided scientific and normative basis for high-purity gold manufacturing enterprises and testing institutions.
   On the market, 99% purity of gold is called “pure gold”. 99.9% or higher is called “thousand pure gold”. Among common gold jewelries, gold bars and gold/silver coins, the highest purity is 99.99%, which is also known as “four 9s”. In the new edition of national standard, “high-purity gold” means 99.999%, which is “five 9s”.
  "Higher, Purer, Worthier", the gold purity broke its limits. In the past, 99.999% gold purity manufacturing technology could only be used in high-grade, precise and advanced domains such as Aeronautics and Astronautics. Nowadays, China National Gold Group Gold Jewellery Co., Ltd introduced high-purity gold material into consumer market, in order to make China Gold “99999” extreme pure gold products.
  At the presentation, Sun Zhaoxue emphasized the breakthrough meaning of 99.999% high-purity gold and the new standard. He said, “In the year of 2011, gold price hit a new record high. The price was once higher than 1900 US Dollars per Ounce in this August. China plays a more and more important role in the world gold developing landscape. The gold production of China ranks No.1 in the world in four consecutive years. Gold consumption keeps in the second place three years in a row. In this year, the amount of gold production and consumption of China will break 350 ton and 700 ton respectively. The gold industry is getting into important period of time which offers us strategic developing opportunities. We should clearly realize, the more prosperous market we are witnessing, the more important it is that we have to make sure not slacking off in make innovations in various dimensions of product, concept and mechanism.”
  Sun believe 99.999% high-purity gold and the new standard is a brand new breakthrough in the “industrial innovation” strategy. “They mark a new height that China gold industry achieved, and will start a new competitive landscape in Chinese gold market, especially physical gold investment and consumer market.” He said.
  On the releasing ceremony, Wang Jinding, vice president of China National Gold Group Corporation, introduced the general status of the group. He said, “China National Gold Group Corporation is the only central enterprise in Chinese gold industry, and also a leading enterprise in the industry. The gold reserves, production and sales of China Gold Group all rank No.1 in China. The gold and jewellery company that belongs to China Gold Group has achieved a rapid development since 2007, having more than 1600 stores all around China with sales revenue experiencing 10 billion RMB progressive increase each year.”
  President Sun Zhaoxue invited Li Hao, former first vice chairman of Financial and Economic Affairs Committee, former deputy secretary general of The State Council, former secretary of Shenzhen Municipal Party Committee to unveil “China Gold 99999 Extreme Pure Gold Series of Products”.
  Following, Shen Meidong, chief engineer of National Gemstone Testing Center announced the Quality Inspection Certification, and presented certification for China Gold high-purity gold products. Great World Guinness representative Huang Demei also issued certification for China National Gold Group Gold Jewellery Co., Ltd.

Hits:  Date:2014-06-26  【Print】  【Close
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