Fake Gold Bar Manufacturer List Released

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Shanghai Gold Exchange issued a statement denying the fake gold bar manufacturer for it is designated supplier of SGE on 21 FEB.

The statement is as follows:

Recently, Medias have reported the news of billions of fake gold fraud for loans, some of other medias reprint this news. The reports say that Boyuan Mining Co., Ltd (hereinafter referred to as Boyuan Mining) which located in Guxian, Lingbao County, Henan Province is the designated supplier of Shanghai Gold Exchange”. After verification, the suppliers of standard gold bullion, gold bar and silver bullion for Shanghai Gold Exchange are strictly certified, Boyuan mining is not in the list of certified enterprise (List attached).

Shanghai Gold Exchange hereby states solemnly:Boyuan Mining is the supplier of SGE is a false report of the media; Shanghai Gold Exchange has never given any interview on this matter. We request the concerned media to make correction and clarification to the public grimly and responsibly.

Shanghai Gold Exchange

21 February 2017

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