Core Insights - Gao Sheng Group has signed a framework cooperation agreement with Greenhouse Group Ghana to jointly develop a large-scale "International Resort and Entertainment City" project in Ghana, marking a significant step in the company's international expansion and alignment with the Belt and Road Initiative [1][3][6] Project Overview - The project will cover approximately 4,000 acres and will include diverse leisure, entertainment, and conference facilities, such as amusement rides, a water park, a golf course, an international conference center, luxury hotels, and vacation villas [3][5] - The project is expected to be developed in two phases and fully completed within five years, with an investment of approximately $500 million from Greenhouse Group and capital market funds [3][5] Strategic Importance - This project is poised to become the first large-scale resort and entertainment complex of international standards in West Africa, anticipated to attract both local and international tourists, thereby boosting the local tourism and service industries [3][5] - Gao Sheng Group will act as the general contractor for the project, responsible for design planning, construction, project management, and subsequent operational coordination [3][5] Partner Profile - Greenhouse Group has been a significant player in Africa for over 15 years, with a strong presence in industrial park development, real estate, energy, and infrastructure [5] - The company has successfully developed the "Bright Industrial Park," which spans over 12,000 acres and hosts more than 40 Chinese enterprises, serving as a vital platform for Sino-African industrial cooperation [5] Future Outlook - The project is expected to serve as a new economic engine for the region, leveraging Africa's vast economic potential and youthful population, particularly in the rapidly growing tourism and leisure sectors [6] - Gao Sheng Group aims to enhance its international competitiveness and create long-term value for shareholders through this strategic initiative [6]

Core Viewpoint - Highsun Group Holdings Limited has signed a framework cooperation agreement with Greenhouse Group Ghana to jointly develop a large-scale "International Resort and Entertainment City" project in Ghana, marking a significant step in the company's international expansion and alignment with the Belt and Road Initiative [1][3]. Group 1: Project Overview - The project will cover approximately 4,000 acres and include diverse leisure, entertainment, and conference facilities, such as amusement rides, a water park, a golf course, an international conference center, luxury hotels, and vacation villas [3]. - The project is expected to be developed in two phases and fully completed within five years, with an investment of approximately $500 million from Greenhouse Group and capital market funds [3][6]. - Upon completion, the project will be the first large-scale resort and entertainment complex of international standards in West Africa, aimed at attracting both local and international tourists [3][6]. Group 2: Strategic Importance - The collaboration is seen as a foundation for Highsun Group's overseas market development and is expected to provide strong support for future performance growth [3][6]. - Ghana is recognized as one of the more stable and rapidly growing economies in West Africa, with a population exceeding 30 million, which presents significant growth potential for the leisure and tourism industry [6]. - The project aligns with the Belt and Road Initiative, promoting regional connectivity and infrastructure development, thereby injecting new momentum into the economic development of the involved countries [6][7]. Group 3: Company Background - Highsun Group Holdings Limited, listed in Hong Kong since 2019, is a prominent electromechanical engineering service provider with a strong track record in major construction projects in Hong Kong [7]. - The company aims to leverage its expertise in large-scale electromechanical and construction projects to ensure efficient project execution and contribute positively to local socio-economic development [7].