20 16 the capital market of jewelry industry is very lively. 19 jewelry enterprises mainly engaged in wholesale and retail listed on the New Third Board, taking the first step in the capital market; The IPO of two jewelry companies was successful, and the total increase of six A-share companies was 654.38+0.25 billion yuan. There were 9 M&A transactions in the M&A market, with a total transaction volume of nearly 8 billion yuan. On April 27th this year, Zhou Dasheng was officially listed on the Shenzhen Stock Exchange, which was another breakthrough for local jewelry enterprises in the capital market. The entry of capital must not only be the investment of capital, but also provide a more powerful source of power for the all-round transformation of the industry. Since the state completely liberalized the control of gold commodities in 20001year, the jewelry industry has experienced a ten-year bonus period of gold rising, a development period of brand from scratch, a development period of jewelry stores from few to many, a supply-side explosion period of product technology development, and a transition period from vegetarianism to non-adjustment in recent one or two years.