Golden Heaven Group Holdings Ltd. companions with Zigong Tradition for thrilling out of doors actions

Golden Heaven Group Holdings Ltd. (Nasdaq: GDHG), a number one amusement park operator in China, has introduced a collaboration with Zigong Metropolis Dragon Tradition & Arts Co. Ltd. (“Zigong Tradition”), an organization identified for its numerous industrial, cultural, and creative ventures in China.

This collaboration, initiated on March 11, 2024, is formalized by an settlement (“the Settlement”) between the 2 entities. As per the phrases, Golden Heaven will lease particular land and property to Zigong Tradition for internet hosting quite a lot of out of doors actions. These actions embody seasonal excursions, extracurricular pursuits, bodily competitions, and expertise showcases.

In return for the utilization of the leased house, Zigong Tradition will compensate Golden Heaven with an combination lease cost totaling RMB 8.73 million. The cost will probably be made quarterly, making certain a constant income stream all through the contract period, which spans from March 11, 2024, to March 10, 2025.

Mr. Jin Xu, the CEO and Chairman of the Firm, remarked, “This collaboration with Zigong Tradition marks a milestone in our ongoing efforts to diversify customer experiences and optimize property administration. We’re dedicated to offering distinctive leisure and leisure actions that meet the wants of our prospects. We anticipate this collaboration to convey an growing stream of holiday makers and add to our operational revenues. We look ahead to a fruitful collaboration that guarantees sustainable progress for our shareholders.”

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