Hong Kong Dongsheng Metal Trading Co., Ltd. Secures Hong Kong Customs Category A Registration Certification, Expanding Global Precious Metals and Gemstone Operations in Compliance
Hong Kong, January 13, 2026 – Hong Kong Dongsheng Metal Trading Co., Ltd. (hereinafter referred to as “Dongsheng Precious Metals”) has recently obtained the “Class A Registered Person Registration Certificate” (commonly known as the Class A License) issued by Hong Kong Customs. This certification signifies that Dongsheng Precious Metals has obtained formal statutory authorization for conducting large-scale transactions involving precious metals, gemstones, and related products in Hong Kong, laying a solid foundation for its compliant operations and business expansion in international markets.
Please verify the sole authorized Class A Certificate inquiry website of the Hong Kong Customs: www.drs.customs.gov.hk/wsrh/001s1
With Dongsheng Precious Metals obtaining this qualification, Hong Kong Customs' “Precious Metals and Gems Traders Registration Scheme” has come into focus for more investors. Below is a detailed breakdown of this scheme's classification:
1. Origin and Regulatory Purpose
This registration system stems from amendments to Hong Kong's Anti-Money Laundering and Counter-Terrorist Financing Ordinance (Cap. 615), officially implemented on April 1, 2023, and administered by the Hong Kong Customs. Its core purpose is to enhance Hong Kong's regulatory framework against money laundering and terrorist financing, fulfill international obligations, and ensure transparency and compliance within the precious metals and gemstone trading industry.
2. Scope of Regulation and Registration Threshold
The system regulates a broad range of items, including:
* Precious metals: such as gold, silver, platinum, rhodium, etc.
* Gems: such as diamonds, rubies, jade, pearls, etc., whether natural or synthetic.
* Valuable products: such as jewelry, luxury watches.
* Valuable asset-backed instruments (excluding virtual assets).
Not all traders require registration. Registration with the Customs and Excise Department is mandatory only when a trader intends to conduct a single transaction in Hong Kong with a total value of HK$120,000 (or equivalent in foreign currency) or above. Transactions below this threshold do not require registration.
3. Core Differences Between Category A and Category B Registrants
Registration is categorized into two types based on whether transactions involve large amounts of cash, as detailed in the table below:
| Characteristics | Category A Registrant | Category B Registrant |
|---|---|---|
| Applicable Transaction Types | Engages solely in non-cash transactions (e.g., bank transfers, checks, electronic payments) of HK$120,000 or more per transaction. | Intends to engage in cash transactions of HK$120,000 or more per transaction while also conducting non-cash transactions of equivalent value. |
| Core Regulatory Requirements | Registration grants legal operating status. | Beyond registration, must strictly comply with comprehensive AML Ordinance provisions, including customer due diligence and transaction record retention. |
| Application Considerations | Typically requires submission of corporate documents, address proof, director identification, and historical business records. | In addition to Class A application materials, must provide evidence of established robust AML internal control systems. |
In simple terms, a Class A license serves as the “basic compliance credential” for entities exclusively handling large-value non-cash transactions, while a Class B license functions as an “enhanced regulatory permit” for those involving large-value cash transactions. Dongsheng Precious Metals' acquisition of Class A registration indicates its planned transactions will be settled through traceable non-cash methods such as bank transfers.
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