Yinfu Gold Corp

Yinfu Gold Corp (OTC: ELRE) is a China-operations company that, through its wholly owned foreign enterprise Yinfu International Holdings Limited (WFOE), conducts business governed by PRC law. The company acquired Yinfu Gold International Holdings Limited, a Hong Kong-incorporated entity, and its PRC subsidiary on April 11, 2017, in a transaction accounted for as a business combination under common control. The filing excerpts from the 10-K filed June 30, 2025 do not disclose specific revenue streams, named products, customer counts, or segment financials. The company's common stock trades at penny-stock levels, carries limited market liquidity, and is subject to SEC penny-stock disclosure rules. Operations in China expose the company to PRC regulatory oversight, including cybersecurity, data protection, and securities law regimes. As of the filing date, post-reverse-split shares outstanding stood at 1,983,518 shares following a 5-for-1 reverse split approved by the board on November 16, 2021.