Item 5.02 Departure of Directors or Certain Officers; Election of Directors;


           Appointment of Certain Officers; Compensatory Arrangements of Certain
           Officers.

On June 1, 2020, Kingold Jewelry Inc. (the "Registrant" or "Company") announced (i) the resignation of Mr. Bin Liu as Chief Financial Officer, effective June 1, 2020, and (ii) the appointment of Mr. Yi Huang as Acting Chief Financial Officer, effective June 1, 2020.

In order to assist with an orderly handover of his responsibilities to Mr. Huang, Mr. Liu has indicated to the Board of Directors (the "Board") his willingness to assist Mr. Huang to ensure a smooth transition. The Board accepted Mr. Liu's resignation. The Registrant and the Board expressed its appreciation for Mr. Liu's service to the Company.

On May 29, 2020, the Registrant appointed Mr. Yi Huang to serve as Acting Chief Financial Officer. Mr. Huang is a certified public accountant and currently serves as the Vice President of Wuhan Kingold Jewelry Company Limited ("Wuhan Kingold"), a contractually controlled affiliate of the Registrant. The Board approved Mr. Huang's appointment. Mr. Huang has served Wuhan Kingold since 2005. Mr. Huang received his Bachelor's degree in accounting from Zhongnan University of Economics and Law, China.

No family relationship exists between Mr. Huang and any of the Company's directors or executive officers. There are no relationships or related transactions between Mr. Huang and the Registrant that would be required to be reported under Section 404(a) of Regulation S-K.

On June 1, 2020, the Registrant issued a press release announcing the appointment of Yi Huang as Acting CFO, a copy of which is attached hereto as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits.






  (d) Exhibits




Exhibit No.       Description

  99.1              Press Release dated June 1, 2020, titled "Kingold Jewelry
                  Announces Appointment of Yi Huang as Acting CFO"

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

KINGOLD JEWELRY, INC.


  By:    /s/ Zhihong Jia
  Name:   Zhihong Jia
  Title:  Chief Executive Officer

Date: June 1, 2020

© Edgar Online, source Glimpses