NANPING, China, Feb. 29,
2024 /PRNewswire/ -- Golden Heaven Group
Holdings Ltd. (the "Company" or "Golden
Heaven") (Nasdaq: GDHG), an amusement park operator in
China, announced today that on
February 26, 2024, it entered into a
Letter of Intent for Strategic Partnership ("LOI") with PT BESTAR
JAYA ("BESTAR"), an Indonesian trading company that services
large-scale supermarkets nationwide, to launch a total of 30 to 50
indoor amusement parks in Indonesia.
According to the terms of the LOI, BESTAR is expected to open
indoor amusement parks in major shopping centers and supermarkets
in prime locations across Indonesia, and Golden
Heaven will offer planning, layout design, facility
procurement, operational management, staff training and other
related services to BESTAR. Further details of this partnership
will be disclosed as the ongoing negotiation progresses.
Ms. Qiong Jin, the CEO and
Chairman of the Company, commented, "We are honored to be a part of
this major project with BESTAR. This partnership highlights our
entry into the international market and our dedication to
delivering pleasant entertainment experiences to our customers. We
are committed to our global expansion strategy to enhance our
competitiveness through strategic partnerships and business
innovation. We are looking forward to carrying forward this
partnership and bringing our entertainment resources to the
Indonesian market."
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.
