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.

Revenue model

The filing excerpts do not disclose the revenue model, pricing structure, or specific revenue figures.

Products and services

The filing excerpts do not identify specific products or services offered by the company.

Customers and end markets

The filing excerpts do not identify customers, customer concentration, or end markets.

Value-chain role

The company operates through a WFOE structure in China, with Yinfu International Holdings Limited and its subsidiaries formed and governed under PRC law.

Geographic exposure

Operations are principally conducted in China through PRC-incorporated subsidiaries, with the parent company incorporated in the United States.

Source: SEC 10-K, filed 2025-06-30

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