We welcome Shenzhen Point Gold Refining Co. Ltd, which was recently added to LBMA’s Silver Good Delivery List.
Five questions, five answers
What were the reasons for you wanting to join LBMA and what do you see as the key benefits of Good Delivery List accreditation?
Good Delivery accreditation will help us to be more competitive in the market, as such accreditation will add status to our brand.
In addition, when demand is quiet in the local market, LBMA accreditation will better enable us to ship surplus silver to London and other silver trading centres.
Could you tell us about your company’s role in the precious metals market?
Our company ranks in the top ten in China’s precious metals market for our production, assay, research and development.
Please tell us the background and history of the company.
Shenzhen Point Gold Refining Co., Ltd was established in 2015, and is a wholly owned subsidiary of Shenzhen Kin Ming Feng Precious Metals Co., Ltd. We focus on the refining of precious metals such as gold, silver, platinum and palladium.
Our delivery volume ranked seventh in 2021 as Good Delivery Refiners on the Shanghai Gold Exchange.
What factors do you expect to impact your business in the short to long term?
We see the world economy, precious metals consumption in industrial area and geopolitical issues as factors which could impact our business.
What are your future plans for the business?
We commit to being a responsible and comprehensive precious metals service provider and refiner.