September 9 (Jinan, Shandong Province) The organizing committee of 11th National Games joins with ICBC to celebrate "Acclaim for National Games, Glory for China" a ceremony for the launch of "Ruyi Gold Bullion", the commemorative gold for the sports event. Among the A-list guests at the product-launch event are Mr. Huang Sheng, Vice Director of the organizing committee of 11th National Games and Vice Governor of Shandong Province, and ICBC Vice President Mr. Zhang Furong. ICBC "Ruyi Gold Bullion" becomes the latest member to the family of licensed products of the National Games.
The "Ruyi Gold Bullion" series, one of the licensed products authorized by the organizing committee of the National Games, are minted by ICBC in limited numbers and presented in 7 specifications under 3 categories of Ruyi Gold Bar, Ruyi Gold Medal and Ruyi Gold Torch, all in 99.99% or 99.9% pure gold and designed with elements of the 11th National Games the emblem. They are mainly for treasure and collection. Those who are interested can buy the commemorative gold at any ICBC outlet in Shandong where the gold is available for sale, and later in ICBC outlets in other provinces or cities.
Of all the commemorative gold launched, Ruyi Gold Torch steals the show. The gold torch has 2 specifications of 10 grams and 30 grams, purely in gold mimicking in proportion the real torch of this year of Games. Worthy of note are the 10-gram torches where only 10,000 are produced, showcases the most advanced level of technology in minting hard gold going through tenths of production steps.
The 30-gram torch, only 5,000 are available for sale, again are neatly minted using the traditional oil-pressed method. It so happens that the special name of "Ruyi" given to the torch of 11th National Games is also the appellation bestowed to the "Ruyi Gold Bullion" that ICBC launched since 2007. Such coincidence makes the commemorative gold for this sports event a treasure souvenir.
An ICBC official introduced that, "Ruyi Gold Bullion" are physical gold products designed and branded by ICBC bearing the "ICBC" label. ICBC entrusts the refineries approved by Shanghai Gold Exchange to produce. The family of "Ruyi Gold Bullion" products is a favorite among the investors and collectors where 28 tons has been sold as of the end of June this year.
