Kingold Jewelry reported that it has formed a formal committee focused on ensuring that the company is creating value for stockholders. Kingold Jewelry said the stockholder value committee consists of Board members Chairman Zhihong Jia, David Sherman, and Zhonghong Fu, assisted by the company's Chief Financial Officer, Bin Liu. The company noted that its Board of Directors has been reviewing its corporate strategy with a view towards setting a formal process of reviewing methods in which the company can consistently enhance stockholder value, including providing greater investor access to management, improving its corporate governance, being consistent in its capital market strategy, and providing greater transparency.

Chairman Jia is the founder of Kingold and through a call option arrangement with Famous Grow Holdings Limited is the beneficial owner of roughly 16 million shares in Kingold. Zhonghong Fu joined the board of Kingold on October 27, 2014. David Sherman has served as an independent director of Kingold Jewelry Inc. since February 1, 2011.