Popular China Based Amusement Park Operator Expands With Scenic Plot Deal for New Amusement Complex: Golden Heaven Group Holdings (Stock Symbol: GDHG)
The Floridant/10280478

JINJIANG, China - Floridant -- Golden Heaven Group Holdings Ltd. (Stock Symbol: GDHG) manages and operates properties consisting of amusement parks, water parks, and complementary recreational facilities. With approximately 426,560 square meters of land in the aggregate, these parks are located in geographically diverse markets across the south of China and collectively offer approximately 139 rides and attractions. Due to the geographical locations of the parks and the ease of travel, the GDHG parks are easily accessible to an aggregate population of approximately 21 million people.

The GDHG parks provide a wide range of exciting experiences, including thrilling rides, family-friendly attractions, water attractions, gourmet festivals, circus performances, and high-tech facilities.

Plot Secured in Yangzhou's Yunhe Sanwan Scenic Spot for New Amusement Complex and Extends Strategic Partnership with Dacheng Culture

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On August 27^th GDHG announced it was granted the land use rights for an approximately 26,000-square-meter plot located in Yunhe Sanwan Scenic Spot in Yangzhou, Jiangsu Province, China by Yangzhou Lemandi Tourism Development and Investment Co., Ltd. GDHG plans to launch a new recreation and amusement complex at this site, with commercial operations anticipated to begin in October 2024.

Situated within the Yunhe Sanwan Scenic Spot, which is geographically close to the Beijing-Hangzhou Grand Canal, the world's longest man-made waterway, the new GDHG Plot offers substantial advantages. By securing the land use rights in such a popular tourist attraction of significant historical and cultural importance, as well as a location with high foot traffic, GDHG anticipates growth opportunities to be derived from introducing innovative amusement rides to enhance the park's appeal and competitiveness in the market.

This development marks the second collaboration between GDHG and Nanping City Dacheng Culture Communication Co., Ltd., in co-developing attraction projects. The two parties have signed a one-year collaboration agreement valued at RMB1.2 million. Under the Agreement, GDHG agrees to lease certain land and property to Dacheng Culture for activities such as wedding photography, traditional costume photography, and various celebratory events. In return, Dacheng Culture agrees to pay to GDHG an aggregate lease payment of RMB1.2 million, over the term of the Agreement, which extends to August 18, 2025.

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For more information on $GDHG visit: https://ir.jsyoule.com/

Media:

Company Name: Golden Heaven Group Holdings Ltd.
Contact: Jingyu Lai
Email:  ljy@jsyoule.com
Phone: +1-646-932-7242
Country: China
Website:  https://ir.jsyoule.com/

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