Item 8.01 Other Events.
The Registrant is filing this Form 8-K to avail itself of an extension to file
its Quarterly Report on Form 10-Q for the quarter ended
The Registrant's headquarters and operations are located in
The COVID-19 outbreak adversely affected the Registrant's operations and financial results during the first quarter of 2020. While the impact of COVID-19 outbreak on the Registrant's performance for the year remains to be seen, the Registrant expects it to have a material effect on its operations and financial results for fiscal 2020.
Additional risk factor disclosure related to COVID-19
The COVID-19 outbreak had a significant impact on our operations in the first quarter of 2020 and could materially adversely affect our financial condition and results of operations for the 2020 fiscal year
Our ability to manufacture and/or sell our jewelry products may be impaired by
damage or disruption to our manufacturing, warehousing or distribution
capabilities, or to the capabilities of our suppliers, logistics service
providers or distributors. This damage or disruption could result from events or
factors that are impossible to predict or are beyond our control, such as raw
material scarcity, pandemics, government shutdowns, disruptions in logistics,
supplier capacity constraints, adverse weather conditions, natural disasters or
other events. In
Cautionary Note Regarding Forward-Looking Statements
This Current Report on Form 8-K contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. Words such as
"may," "will," "expect," "plan," "anticipate," "estimate," "intend," "potential"
and similar expressions (as well as other words or expressions referencing
future events, conditions or circumstances) are intended to identify
forward-looking statements. These forward-looking statements are based on the
Company's expectations and assumptions as of the date of this Current Report.
Each of these forward-looking statements involves risks and uncertainties.
Actual results may differ materially from these forward-looking statements.
Forward-looking statements contained in this Current Report include statements
regarding the timing of operational development, or government mandates related
to the Company's business and operations to address the COVID-19 response.
Factors that may cause actual results to differ from those expressed or implied
in the forward-looking statements in this Current Report are discussed in the
Company's filings with the
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/Bin Liu Name :Bin Liu Title: Chief Financial Officer
Date:
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