December 15, 2017 / 3:45 PM / a year ago

BRIEF-Kingold Jewelry Inc's Unit Enters Trust Loan Agreement

Dec 15 (Reuters) - Kingold Jewelry Inc:

* SAYS ON DEC 1, CO’S UNIT ENTERED INTO A TRUST LOAN AGREEMENT OF RMB 1 BILLION WITH ZHESHANG JINHUI TRUST

* SAYS EACH TRANCHE OF TRUST LOAN HAS A 24-MONTH TERM, STARTING FROM ISSUANCE DATE OF EACH TRANCHE - SEC FILING

* SAYS STATED PURPOSE OF TRUST LOAN IS PURCHASING STANDARD GOLD RAW MATERIAL WITH FINENESS OF 999.9 Source text : [bit.ly/2kxizfa] Further company coverage:

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