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Kingold Jewelry, Inc. Approved for NASDAQ Listing

Kingold Jewelry, Inc. announced today that it has received approval from the NASDAQ Stock Market to list its shares of common stock on the NASDAQ Capital Market. The company anticipates shares of its common stock will begin trading on NASDAQ on August 18, 2010, under the trading symbol (NASDAQ: KGJI). Until that time, Kingold's common stock will continue to trade on the OTC Bulletin Board.

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