Core Points - The Shunde Snoopy World, a national 4A tourist attraction, will officially close on December 29, 2025, due to the expiration of its venue lease [1][2] - The park, which opened in 2016 after a 10-year delay, will be transformed into a new theme park without the Snoopy IP, focusing on updating and enhancing existing facilities [4][5] Summary by Sections Closure and Transformation - Snoopy World will cease operations due to venue lease expiration, with plans to create a new central theme park based on existing structures [2][4] - The park features seven themed areas, including amusement rides and a water world, and has been a significant part of local childhood memories [2] Investment and Development Plans - The project is currently seeking investment partners to develop a new family-friendly leisure landmark [5] - Shunde has invested over 2.5 billion yuan in 18 major cultural tourism projects this year, with five projects under construction totaling 1.05 billion yuan [18] Other Major Projects in Shunde - The Shunde Bus Station will be transformed into a cultural and entertainment complex, covering approximately 4.1 hectares, enhancing the night economy with diverse consumption experiences [8][10] - The Shunde Sugar Factory will be revitalized into an urban art complex, featuring an industrial museum and creative living spaces [11][13] - The Li Xiaolong Park will undergo a comprehensive upgrade, including a new memorial hall and various cultural experiences, with an investment of 165 million yuan [17] Future Developments - Shunde is planning several significant projects, including a new park along the waterfront and a comprehensive cultural and educational complex at Fengling Park [14][24] - The Daliang Clock Tower TOD project will integrate commercial space with a park, expected to be operational by 2026 [24]

Core Insights - The Snoopy World theme park in Shunde, Guangdong, will officially close on December 29, 2025, due to the expiration of its venue lease [1][12] - The park, which opened in 2016 after nearly 13 years of delays, has struggled with low visitor numbers and high ticket prices, leading to a lack of profitability [5][6] Group 1: Background and Development - The project began in 2003 when Jiaxin Real Estate Development Co., Ltd. signed a contract with United Feature Syndicate, aiming to create the largest Snoopy-themed park globally [3][4] - The park was designed to include five major amusement areas and a Snoopy playground, but faced numerous delays and financial issues, including a lawsuit for unpaid construction fees [4][5] - Despite the initial excitement, the park did not open until 2016, with the first day seeing long queues but subsequent operations marred by complaints about pricing and facilities [5][6] Group 2: Financial and Operational Challenges - The adult ticket price of 120 yuan positioned it as one of the most expensive attractions in the region, which, combined with limited capacity and local competition, hindered its financial viability [5][6] - The park's capacity was limited to 2,000 visitors at a time, primarily targeting local residents, which made achieving profitability challenging [5][6] - The developer has faced significant financial difficulties, including being listed as a dishonest executor and entering bankruptcy proceedings, further complicating the park's future [12]