Continuously evolving and upgrading Chinese gold craftsmanship will secure an important place in the global luxury landscape.

Lao Pu Gold’s overseas business revenue experienced explosive growth, increasing by 455.2% year-on-year to RMB 1.597 billion [USD 219.1 million].

Lao Pu Gold’s revenue for the first half of 2025 is estimated to be approximately RMB 12 billion to RMB 12.5 billion (USD 1.65 billion to USD 1.72 billion), representing a year-on-year increase of around 241% to 255%.

The newly released Overview of Chinese Gold Jewelry Brands report summarizes five key dimensions and directions for the upgrading of Chinese gold jewelry brands.

Compared to 2023, Lao Pu Gold added seven new stores and upgraded or expanded four existing stores.

What Underpins Wellendorff’s Low-Profile Confidence and Long-Term Vision?

Chow Tai Fook plans to open a new five-story store in Shanghai in 2025, which will also be the group’s first flagship store in the Chinese Mainland.

“This time, we may be on the verge of another significant leap forward for the entire Chinese gold jewelry industry!”

Retail value in the Chinese Mainland declined by 18.6% year-on-year, accounting for 87.8% of the group’s retail value.

Gold jewelry and products are increasingly popular among young consumers due to their value retention and defensive characteristics.