Core Viewpoint - Haichang Ocean Park has completed a share subscription with Xiangyuan Holdings, with an investment of HKD 2.295 billion, making Xiangyuan the controlling shareholder [1] Company Overview - Haichang Ocean Park focuses on marine animal conservation, theme park operations, and enhancing visitor experiences [1] - The company has successfully introduced and developed internationally recognized IPs such as "One Piece" and "Ultraman" in its immersive entertainment business [1] Project Development - Haichang is currently in an accelerated phase of project expansion and quality upgrades, with key projects like Beijing Haichang Ocean Park, Shanghai Park Phase II, and Zhengzhou Park Phase II progressing steadily [1] - These developments indicate robust growth vitality and significant market potential [1] Strategic Partnership - Xiangyuan's mature experience in cultural tourism projects and stable operational system will assist Haichang in addressing post-pandemic operational challenges [1] - The partnership aims for resource complementarity and strategic synergy between the two companies [1] Capital Structure - Following the completion of the subscription, Xiangyuan now owns two listed cultural tourism companies: Haichang Ocean Park and Xiangyuan Cultural Tourism, creating a capital structure of "one Hong Kong stock + one A-share" [1]

Core Insights - The announcement from Haichang Ocean Park Holdings indicates that Xiangyuan Holdings has completed a capital injection of HKD 22.95 billion, acquiring a 38.60% stake and becoming the controlling shareholder, marking a new phase of collaboration in the cultural tourism sector [1][3][5] - This partnership is expected to accelerate Haichang's development and potentially reshape the value chain of China's cultural tourism industry, driving it into a new era of resource integration and innovation [1][3] Group 1: Capital Injection and Shareholding Structure - Haichang Ocean Park issued 5.1 billion shares at a subscription price of HKD 0.45 per share, raising a total of HKD 22.95 billion, with a net amount of HKD 22.84 billion after expenses [3][5] - Following the subscription, Xiangyuan Holdings holds a 38.60% stake, while Zeqiao Holdings maintains a 29.04% stake [3][5] Group 2: Utilization of Funds - The funds raised will be primarily used for daily operations, enhancing core business areas such as theme park operations, operational services, and intellectual property development, as well as repaying part of the debt [5] - The focus will be on upgrading park facilities, strengthening animal conservation capabilities, and expanding light asset output and IP business [5] Group 3: Strategic Collaboration and Governance - The governance structure will remain stable, with a focus on strategic, business, and core team continuity, leveraging both companies' resource advantages for enhanced management and operational efficiency [5][10] - The collaboration is seen as a strategic fit in terms of development philosophy, aiming for long-term growth through resource complementarity and synergy [5][10] Group 4: Market Position and Competitive Advantage - Haichang Ocean Park is recognized as a leading developer and operator of marine-themed parks in China, with a unique three-pronged model of "theme parks + IP ecosystem + OAAS" [6][7] - The company has established several flagship projects and has a strong brand influence, supported by a rich operational management experience [6][7] Group 5: Future Outlook and Innovation - The partnership aims to drive deep integration and innovative development across various aspects of the cultural tourism industry [10][11] - There will be a focus on shared customer resources, innovative product offerings, and the creation of unique cultural tourism experiences through IP collaboration and OAAS business models [11][10]

Core Viewpoint - Xiangyuan Holdings has completed its acquisition of a controlling stake in Haichang Ocean Park, marking a significant step in enhancing its cultural tourism portfolio and operational capabilities [1][3][4]. Company Summary - Xiangyuan Holdings invested HKD 22.95 billion to acquire 51 billion shares of Haichang Ocean Park, representing 38.6% of the total issued shares, thus becoming the controlling shareholder [1][3]. - The net proceeds from the share subscription, approximately HKD 22.84 billion, will be used to support daily operations, enhance working capital, develop core business areas, and repay some existing debts [3][4]. - Xiangyuan Holdings has a history of investing in over 40 cultural tourism projects since entering the industry in 2008, showcasing its extensive experience and operational stability [5]. Industry Summary - Haichang Ocean Park is recognized as a benchmark enterprise in China's theme park industry, focusing on marine animal conservation, theme park operations, and visitor experience optimization [4]. - The park is currently undergoing project expansion and quality upgrades, with key projects in Beijing, Shanghai, and Zhengzhou progressing steadily, indicating strong market potential [4]. - The partnership between Xiangyuan Holdings and Haichang Ocean Park is expected to reshape the competitive landscape of the tourism market and drive value upgrades in the cultural industry [5].

Core Insights - Haichang Ocean Park Holdings Limited has completed a share subscription and issuance, with Xiangyuan Holdings investing HKD 2.295 billion to become the controlling shareholder with a 38.60% stake [1] - The subscription price was set at HKD 0.45 per share, resulting in the issuance of 5.1 billion shares [1] - The funds raised will be used for daily operations, core business development, and debt repayment, focusing on park facility upgrades, animal conservation, and IP business expansion [1] Group 1: Company Overview - Haichang Ocean Park is a developer and operator of marine-themed parks in China, with over 20 years of development and a presence in major cities [1] - The company operates under a three-pillar model: theme parks, IP ecosystem, and OAAS (tourism services and solutions) [1] Group 2: Xiangyuan Holdings - Xiangyuan Holdings is a leading enterprise group in tourism investment and operation, managing over 50 tourism projects nationwide [2] - The company has developed three major international tourism destination clusters: "Daxiangxi," "Dahuangshan," and "Dananling," with an annual visitor count exceeding 40 million [2] - Xiangyuan Holdings recognizes the potential value of Haichang Ocean Park in animal conservation, park operations, and brand reputation [2] Group 3: Strategic Collaboration - The partnership will integrate membership systems and customer resources, offering a one-stop travel experience through product combinations and content integration [3] - There will be innovation in business formats, exploring shared and integrated thematic products that incorporate cultural and technological elements [3] - The IP ecosystem of Haichang Ocean Park will synergize with Xiangyuan's existing IPs, creating unique tourism consumption scenarios [3] - The OAAS business model is expected to significantly increase its revenue share through a light-asset approach [3]

Core Viewpoint - Haichang Ocean Park Holdings Limited has completed a subscription and issuance of shares, with Xiangyuan Holdings investing HKD 22.95 billion, becoming the controlling shareholder with a 38.6% stake [1] Group 1: Share Subscription Details - The company issued 5.1 billion shares at a subscription price of HKD 0.45 per share, raising a total of HKD 22.95 billion, with net proceeds of HKD 22.84 billion [1] - After the subscription, Zeqiao Holdings' shareholding remains unchanged at 29.04% [1] Group 2: Use of Proceeds - The funds raised will primarily support the company's daily operations and supplement working capital [1] - The proceeds will also be used to advance core business areas, including theme park operations, operational services, and intellectual property development [1] - Specific focuses include upgrading park facilities, enhancing animal conservation capabilities, supplementing operational funds, light asset output, and expanding IP business [1]

Core Points - The company, Ocean Park Corporation (02255), announced the issuance of 5.1 billion shares on October 17, 2025, based on a subscription agreement established on June 2, 2025 [1] Summary by Category - **Company Announcement** - Ocean Park Corporation will issue 5.1 billion shares as part of a subscription agreement [1] - The issuance date is set for October 17, 2025 [1] - The subscription agreement was signed on June 2, 2025 [1]

智通财经APP讯，海昌海洋公园(02255)发布公告，于2025年10月17日根据2025年6月2日订立的认购协议 发行51亿股。 ...

Group 1 - The company, Haichang Ocean Park (02255.HK), announced the issuance of 5.1 billion subscription shares based on a subscription agreement, scheduled for October 17, 2025 [1]

翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 海昌海洋公園控股有限公司 (於開曼群島註冊成立之有限公司) 呈交日期： 2025年10月17日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 FF305 | 第一章節 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | 於香港聯交所上市 | 是 | | | | 證券代號 (如上市) | 02255 | 說明 | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | 庫存股份變動 | | | | | 事件 | | 已發行股份 ...

海昌海洋公园(02255)发布公告，董事会欣然宣布，认购协议项下的所有先决条件均已获达成，且认购 事项已根据认购协议的条款及条件于2025年10月17日完成。于完成时，本公司已根据于股东特别大会上 向独立股东寻求的特别授权，按认购价每股认购股份0.45港元向认购人正式配发及发行51亿股认购股 份。认购股份占紧接完成前本公司现有已发行股本约62.85%，以及占紧随完成后本公司已发行股本约 38.60%。 于完成后，董事会宣布，曲乃杰已辞任执行董事、本公司行政总裁及董事会主席，李珂晖已辞任执行董 事，以及王旭光、Go Toutou及袁兵已辞任非执行董事，以处理其个人及╱或业务事务。上述辞任均已 于本公布日期生效。 自2025年10月17日起，曲乃杰将由执行董事调任为非执行董事。 董事会欣然宣布，自2025年10月17日起，(i)俞发祥、欧阳明及詹新伟已获委任为执行董事，及(ii)赖志 林及俞红华已获委任为非执行董事。俞发祥亦已获委任为行政总裁兼董事会主席。 于上述委任后，(i)俞发祥已获委任为提名委员会主席，(ii)赖志林已获委任为风险管理及企业管治委员 会主席，及(iii)俞红华已获委任为薪酬委员会成员，均自2 ...