NANPING, China,
Nov. 8,
2024 /PRNewswire/ -- Golden Heaven Group Holdings
Ltd. ("Golden Heaven" or the
"Company") (Nasdaq: GDHG), an amusement park operator in
China, today announced the
postponing of opening of its recreation and amusement complex (the
"Complex") in Yunhe Sanwan Scenic Spot in Yangzhou City,
Jiangsu Province, China, due to plans to incorporate updates and
enhancements, as well as equipment installation and construction
delays. Originally scheduled to begin operations in October 2024, this project has been postponed to
allow for optimization and the addition of new elements. The
Company now plans to launch the Complex around the Spring Festival
in 2025 (end of January 2025).
Situated in Yunhe Sanwan Scenic Spot, the Complex is poised to
become a destination for tourists, families, and couples.
Golden Heaven's operations team has
integrated concepts and amenities in order for the Complex to
provide a blend of entertainment and cultural experiences.
Mr. Jin Xu, CEO and Chairman of
Golden Heaven, commented, "The
Chinese amusement park industry is highly competitive, with
evolving trends, technologies, and consumer expectations. The
decision to delay the opening was made to incorporate additional
elements and concepts that we believe will better align with market
demands and current trends, and to include certain safeguards with
respect to equipment installation and construction. We believe that
the enhancements will make the Complex more appealing to our target
audience, offering visitors memorable experiences. Our goal is to
create lasting value for our guests while driving revenue growth
for the Company. Additionally, by supporting local tourism and
businesses, we aim to make a positive contribution to the local
economy. The timing of the opening around Chinese New Year is
expected to allow us to take advantage of the high foot traffic
during such holiday season, while maximizing both visitor enjoyment
and revenue opportunities. We anticipate that the Complex will
become a desirable destination in the community."
About Golden Heaven Group Holdings Ltd.
The Company is an offshore holding company incorporated in
the Cayman Islands with no material operations of its
own. Through its Chinese operating entities, the Company manages
and operates amusement parks, water parks and complementary
recreational facilities. The parks offer a broad selection of
exhilarating and recreational experiences, including both thrilling
and family-friendly rides, 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 more information, 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.