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Many thanks. Good afternoon everyone and many thanks for pandora jewelry sale uk
getting started with us. A copy on the press launch announcing the actual 2017 next quarter economical results to get Kingold can be bought on the particular company's internet site at world wide web. kingoldjewelry. As part of this conference call, the business has the slide presentation available in PDF format around the company's website. It may be a complement [ph] and you are welcome to contact your office during 212 836-9600, and i'd be very happy to send you a duplicate.
Before we get going, I wish to remind everyone this conference name and virtually any accompanying details discussed here contains particular forward-looking statements within the meaning of pandora gifts uk cheap the safe and sound harbor provision on the Private Sec Litigation Reform Work of 1995. Investors will be cautioned that will such forward-looking phrases involve risk and uncertainties which may affect Kingold Jewelry's enterprise and prospects and outcome of surgical procedures. Such hazards are absolutely detailed in Kingold Jewelry's filings with the Securities in addition to Exchange Payment. Regarding the actual disclaimer words, I would also like one to refer to be able to Slide range 2 belonging to the webcast presentation additional information.
I would likely now prefer to take a moment to pandora charms sale clearance outline the format to get today's call up, it may be a bit several than past. Management with us these days, is Mr. Bin Liu, Kingold Jewelry's CFO. To begin with, I'll start the phone call with any prepared opening remarks i always would understand from Zhihong Jia then I will certainly turn your conference call up to Mr. Trash can Liu, Kingold Jewelry's CFO who'll continue when using the presentation. If your company surface finishes the powerpoint presentation, we can open that floor for just about any questions. Together with that, I now like to start examining an opening statement for Chairman Jia. Thanks a lot everyone to get today's conference necessitate Kingold. In early June, my fellow workers and WHEN I traveled for the U. ERSUS. West Seacoast and we have been pleased based on quite a few investors at a store. We appreciated our long-time follower support and received important feedback during this roadshow. We prefer to arrange each of our next OUGH. S. NDR about the East Coastline and we will provide the update to you both.
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|pandora pendants to get necklaces continue to deliver robust operating results in the subsequent quarter associated with 2017 as we entirely leveraged your highly precious metal price and the strong raising demand as well as further grown our creation capacity. We continue to watch industry dynamics in addition to gold selling price trends and therefore make appropriate adjustments to our company strategy. As outlined by the Globe Gold Council to the second fraction of 2017 the particular gold expenditure demand with regard to China flower 56% on the same span prior year. Although China's rings demand dropped 5% for that quarter than the same time period of 2016 greater design in addition to higher margin gold rings remain the particular dominant craze. Looking onward, we continue to pay attention to the muscle, our pattern capability along with increasing the production capability while deepening in addition to further exploring sales channels investment yellow metal partners.