Golden Heaven Group Holdings Ltd. Enters Into A Collaboration Agreement With Zigong City Dragon Culture & Arts Co. Ltd.
Portfolio Pulse from Benzinga Newsdesk
Golden Heaven Group Holdings Ltd. (GDHG), a NASDAQ-listed amusement park operator in China, announced a collaboration agreement with Zigong City Dragon Culture & Arts Co. Ltd. to lease land and property for hosting various outdoor activities. The agreement, effective from March 11, 2024, to March 10, 2025, involves a lease payment of RMB 8.73 million to Golden Heaven, payable quarterly. This collaboration aims to diversify visitor experiences, optimize property management, and is expected to increase visitor flow and operational revenues.
March 19, 2024 | 12:12 pm
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Golden Heaven's partnership with Zigong Culture is expected to enhance visitor experiences and increase operational revenues through a steady lease payment stream.
The collaboration agreement with Zigong Culture is directly related to Golden Heaven's core business of amusement park operations. The agreement not only secures a steady revenue stream through lease payments but also aims to diversify and enhance visitor experiences, which is crucial for attracting more visitors and increasing operational revenues. The positive impact on Golden Heaven's financials and operational capabilities makes this news highly relevant and important for investors.
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