Core Insights - Golden Heaven Group Holdings Ltd. has secured land use rights for a 26,000-square-meter plot in Yunhe Sanwan Scenic Spot, Yangzhou, Jiangsu Province, with plans to launch a new amusement complex by October 2024 [1][2] - The location is strategically advantageous due to its proximity to the Beijing-Hangzhou Grand Canal, a significant tourist attraction, which is expected to enhance foot traffic and growth opportunities for the company [2] - The company has entered into a one-year collaboration agreement with Nanping City Dacheng Culture Communication Co., Ltd., valued at RMB1.2 million, to lease land for various cultural activities [3] Company Developments - The new amusement park aims to integrate entertainment and leisure experiences with cultural activities, targeting tourists, families, and young couples [4] - The partnership with Dacheng Culture is seen as a strategic alliance to enhance the cultural depth and entertainment value of the park, expanding market influence [4] - Golden Heaven operates amusement parks and complementary recreational facilities, offering a variety of experiences including thrilling rides and cultural events [5]
Golden Heaven Group Holdings Ltd. Secures Plot in Yangzhou's Yunhe Sanwan Scenic Spot for New Amusement Complex and Extends Strategic Partnership with Dacheng Culture