KGJI [KINGOLD JEWELRY] 8-K: LLP Reed Smith 599 Lexington Avenue New York,
[LLP Reed Smith 599 Lexington Avenue New York, NY 10022-7650 +1 212 521 5400 Fax +1 212 521 5450 reedsmith.com January 10, 2013 Kingold Jewelry, Inc. Ladies and Gentlemen: Company Firm Shares Common Stock Shares Subscription Agreement Investors Prospectus Supplement Base Prospectus Registration Statement Prospectus Securities Act Resolutions NEW YORK ¨ LONDON ¨ HONG KONG ¨ CHICAGO ¨ ¨ BEIJING] [KINGOLD JEWELRY, INC. SUBSCRIPTION AGREEMENT THIS SUBSCRIPTION AGREEMENT Subscription Agreement Company Schedule A Subscriber Subscribers BACKGROUND WHEREAS Act Common Stock NOW, THEREFORE 1.1 Firm Shares Schedule A 1.2 Schedule A Schedule B Shares 2. 2.1 2.2 2.3 2.4 2.5 3. Survival Closing 4. Indemnification 5. Lock-Up 6. Notice Attention: Zhihong Jia Attention -2- 7. Assignment 8. Binding Effect 9. Governing] [KINGOLD JEWLERY, INC. Date of Issuance: January 10, 2013 Certificate No. Company Holder Section 5 FOR VALUE RECEIVED, Kingold Jewelry, Inc., a corporation organized and existing under the laws of the State of Delaware (the “ 1. Exercise Period Exercise Period 1.1 1.2 Exercise Subscription Form (b) (c) Partial Exercise 1.3 Delivery of Stock Certificates on Exercise 1.4 2. Dividends,] []
