NANPING, China ,
Feb. 1,
2024 /PRNewswire/ -- Golden Heaven Group
Holdings Ltd. (the "Company" or "Golden
Heaven") (Nasdaq: GDHG), an amusement park operator in
China, today announces the trial
operation of Seven Rainbow Park (the "Park") in Anshun City,
Guizhou Province.
The construction of the Park was completed ahead of schedule and
the Company commenced the trial operation of the Park in
January 2024. We expect the Park to
provide a good entertainment experience for guests, especially
during the winter holiday and the Chinese New Year. An estimated
total of RMB140 million is expected
to be invested in the Park, of which amount, approximately
RMB41 million has already been
invested in the Park to date. The Park spans approximately 15,000
square meters. It specifically caters to the entertainment needs of
children and teenagers, featuring a range of attractions such as a
Ferris wheel, luxury carousel, a zoo, an ocean hall, a pirate ship,
and bumper cars, among others.
Ms. Qiong Jin, the CEO and
Chairman of the Company, commented, "The trial operation of the
Park is a significant step towards addressing the entertainment
needs of families in the local area. The trial operation results
have met our expectations. The Park offers a valuable model for
future projects. Our goal is to establish the Park as an
entertainment hub in the local area while advancing the Company's
sustainable development and profit objectives."
About Golden Heaven Group Holdings Ltd.
Golden Heaven Group Holdings Ltd. manages and operates six
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 parks are easily accessible to an
aggregate population of approximately 21 million people. Since
September 30, 2023, Mangshi Jinsheng
Amusement Park, which is one of the six parks, has been temporarily
closed. The parks provide a wide range of exciting and entertaining
experiences, including thrilling rides, family-friendly
attractions, water attractions, gourmet festivals, circus
performances, and high-tech facilities. For more information,
please visit the Company's website at https://ir.jsyoule.com/.
Forward-Looking Statements
This press release contains "forward-looking statements".
Forward-looking statements reflect our current view about future
events. These forward-looking statements involve known and unknown
risks and uncertainties and are based on the Company's current
expectations and projections about future events that the Company
believes may affect its financial condition, results of operations,
business strategy and financial needs. Investors can identify these
forward-looking statements by words or phrases such as "may,"
"will," "could," "expect," "anticipate," "aim," "estimate,"
"intend," "plan," "believe," "is/are likely to," "propose,"
"potential," "continue" or similar expressions. The Company
undertakes no obligation to update or revise publicly any
forward-looking statements to reflect subsequent occurring events
or circumstances, or changes in its expectations, except as may be
required by law. Although the Company believes that the
expectations expressed in these forward-looking statements are
reasonable, it cannot assure you that such expectations will turn
out to be correct, and the Company cautions investors that actual
results may differ materially from the anticipated results and
encourages investors to review other factors that may affect its
future results in the Company's registration statement and other
filings with the U.S. Securities and Exchange Commission.
For investor and media inquiries, please contact:
Golden Heaven Group Holdings Ltd.
Email: group@jsyoule.com
Ascent Investor Relations LLC
Phone: +1-646-932-7242
Email: investors@ascent-ir.com
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SOURCE Golden Heaven Group Holdings Ltd.