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Golden Heaven Group Holdings Ltd. Launches Wedding Photography and Light Show Projects

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Golden Heaven Group Holdings (Nasdaq: GDHG) has announced a strategic partnership through its subsidiary Nanping Golden Heaven with Dacheng Culture and Fuzhou Yibang to develop wedding photography and light show projects in Tongling and Changde cities, China. The 6-month cooperation agreement aims to create an entertainment complex targeting young couples and romantic partners.

Under the agreement, Nanping Golden Heaven will coordinate and supervise operations while participating in profit sharing. Dacheng Culture will handle professional photography and light show activities, while Fuzhou Yibang will provide the venues. The company views this collaboration as a new model for themed entertainment projects in China's amusement park market, targeting young couples seeking latest fashion trends and innovative experiences.

Golden Heaven Group Holdings (Nasdaq: GDHG) ha annunciato una partnership strategica attraverso la sua sussidiaria Nanping Golden Heaven con Dacheng Culture e Fuzhou Yibang per sviluppare progetti di fotografia matrimoniale e spettacoli di luci nelle città di Tongling e Changde, in Cina. L'accordo di cooperazione di 6 mesi mira a creare un complesso di intrattenimento rivolto a giovani coppie e partner romantici.

In base all'accordo, Nanping Golden Heaven coordinerà e supervisionerà le operazioni partecipando alla condivisione dei profitti. Dacheng Culture si occuperà delle attività di fotografia professionale e degli spettacoli di luci, mentre Fuzhou Yibang fornirà i luoghi. L'azienda considera questa collaborazione come un nuovo modello per progetti di intrattenimento a tema nel mercato dei parchi di divertimento in Cina, rivolto a giovani coppie in cerca delle ultime tendenze della moda e esperienze innovative.

Golden Heaven Group Holdings (Nasdaq: GDHG) ha anunciado una asociación estratégica a través de su subsidiaria Nanping Golden Heaven con Dacheng Culture y Fuzhou Yibang para desarrollar proyectos de fotografía de bodas y espectáculos de luces en las ciudades de Tongling y Changde, China. El acuerdo de cooperación de 6 meses tiene como objetivo crear un complejo de entretenimiento dirigido a jóvenes parejas y parejas románticas.

Según el acuerdo, Nanping Golden Heaven coordinará y supervisará las operaciones mientras participa en la distribución de ganancias. Dacheng Culture se encargará de la fotografía profesional y las actividades de espectáculos de luces, mientras que Fuzhou Yibang proporcionará los lugares. La empresa ve esta colaboración como un nuevo modelo para proyectos de entretenimiento temático en el mercado de parques de diversiones de China, dirigido a jóvenes parejas que buscan las últimas tendencias de moda y experiencias innovadoras.

골든 헤븐 그룹 홀딩스 (Nasdaq: GDHG)는 자회사인 난핑 골든 헤븐을 통해 다청 문화 및 푸저우 이방과 전략적 파트너십을 발표하여 중국 통링 및 창더 도시에서 웨딩 사진 및 빛 쇼 프로젝트를 개발할 예정입니다. 6개월 협력 계약은 젊은 커플과 로맨틱한 파트너를 대상으로 하는 엔터테인먼트 복합체를 만드는 것을 목표로 합니다.

계약에 따라 난핑 골든 헤븐은 운영을 조정하고 감독하며 이익 분배에 참여합니다. 다청 문화는 전문 사진 촬영 및 빛 쇼 활동을 담당하고, 푸저우 이방은 장소를 제공합니다. 이 회사는 이 협업을 중국 놀이공원 시장의 테마 엔터테인먼트 프로젝트를 위한 새로운 모델로 보고 있으며, 최신 패션 트렌드와 혁신적인 경험을 찾는 젊은 커플을 대상으로 하고 있습니다.

Golden Heaven Group Holdings (Nasdaq: GDHG) a annoncé un partenariat stratégique via sa filiale Nanping Golden Heaven avec Dacheng Culture et Fuzhou Yibang pour développer des projets de photographie de mariage et de spectacles lumineux dans les villes de Tongling et Changde, en Chine. L'accord de coopération de 6 mois vise à créer un complexe de divertissement ciblant les jeunes couples et les partenaires romantiques.

Selon l'accord, Nanping Golden Heaven coordonnera et supervisera les opérations tout en participant au partage des bénéfices. Dacheng Culture s'occupera des activités de photographie professionnelle et de spectacles lumineux, tandis que Fuzhou Yibang fournira les lieux. L'entreprise considère cette collaboration comme un nouveau modèle pour des projets de divertissement thématiques sur le marché des parcs d'attractions en Chine, visant les jeunes couples à la recherche des dernières tendances de la mode et d'expériences innovantes.

Golden Heaven Group Holdings (Nasdaq: GDHG) hat eine strategische Partnerschaft über ihre Tochtergesellschaft Nanping Golden Heaven mit Dacheng Culture und Fuzhou Yibang angekündigt, um Hochzeitsfotografie- und Lichtshowprojekte in den Städten Tongling und Changde, China, zu entwickeln. Der 6-monatige Kooperationsvertrag zielt darauf ab, einen Unterhaltungskomplex für junge Paare und romantische Partner zu schaffen.

Im Rahmen des Vertrags wird Nanping Golden Heaven die Operationen koordinieren und überwachen und an der Gewinnverteilung teilnehmen. Dacheng Culture wird die professionelle Fotografie und die Lichtshow-Aktivitäten übernehmen, während Fuzhou Yibang die Veranstaltungsorte bereitstellt. Das Unternehmen betrachtet diese Zusammenarbeit als ein neues Modell für thematische Unterhaltungsprojekte auf dem chinesischen Freizeitparkmarkt, das sich an junge Paare richtet, die nach den neuesten Modetrends und innovativen Erlebnissen suchen.

Positive
  • New revenue stream through wedding photography and light show projects
  • Strategic partnership expanding market reach in Tongling and Changde cities
  • Profit-sharing arrangement with minimal operational responsibility
Negative
  • Short cooperation period of only 6 months indicates high uncertainty
  • scope of operations as company only supervises without direct control
  • Heavy dependence on partners for core project activities

Insights

The launch of wedding photography and light show projects by Golden Heaven Group represents a calculated attempt to tap into China's massive wedding industry, estimated at over 400 billion annually. This strategic initiative merits careful analysis from multiple angles:

Market Opportunity & Strategic Fit

  • The combination of wedding photography with amusement park venues creates a unique value proposition in a highly competitive market where differentiation is crucial
  • This asset-light approach through partnerships minimizes capital requirements while potentially generating higher-margin revenue compared to traditional amusement park operations
  • The 6-month pilot in two cities suggests a measured, test-and-learn approach before broader rollout

Execution Considerations

  • Success will heavily depend on seamless coordination between three different entities - a potential operational challenge
  • The seasonal nature of wedding photography (typically concentrated in spring and fall) may impact revenue predictability
  • duration of the agreement (6 months) raises questions about long-term commitment and sustainable competitive advantage

Financial Implications

  • Revenue impact likely to be modest initially given the geographical scope and pilot nature
  • Profit-sharing arrangement details are not disclosed, making it difficult to assess potential margin contribution
  • The model's scalability across other locations could provide meaningful upside if the pilot proves successful

While this initiative shows promise in diversifying revenue streams and attracting younger demographics, its immediate impact on Golden Heaven's financial performance will likely be The real value lies in proving the concept for potential broader implementation across the company's venue network.

NANPING, China, Feb. 19, 2025 /PRNewswire/ -- Golden Heaven Group Holdings Ltd. ("Golden Heaven" or the "Company") (Nasdaq: GDHG), an amusement park operator in China, today announced that Nanping Golden Heaven Amusement Park Management Co., Ltd. ("Nanping Golden Heaven"), a subsidiary of the Company, has entered into a cooperation agreement (the "Cooperation Agreement") with Nanping Dacheng Culture Communication Co., Ltd. ("Dacheng Culture") and Fuzhou Yibang Amusement Park Co., Ltd. ("Fuzhou Yibang"). This partnership aims to leverage the unique resources and expertise of all three parties to create an attraction and entertainment complex targeting young couples and romantic partners.

Pursuant to the Cooperation Agreement, the parties will jointly develop wedding photography and light show projects in Tongling city and Changde city, China (the "Projects"). Nanping Golden Heaven will coordinate and supervise the operation of the Projects and participate in sharing of project profits during the 6-month cooperation period. Dacheng Culture and Fuzhou Yibang will be responsible for professional photography and light show activities and providing relevant venues, respectively.

Mr. Jin Xu, CEO and Chairman of Golden Heaven, commented, "This collaboration introduces a new cooperation model for developing themed entertainment projects in the evolving Chinese amusement park market. Young couples and lovers are always seeking the latest fashion trends, popular technologies, and innovative experiences—factors we view as indispensable drivers of industry growth. By combining the strengths of all three parties—Golden Heaven's extensive resource integration capabilities and operational experience, Dacheng Culture's expertise in cultural event planning, and Fuzhou Yibang's high-quality venue resources—we believe that the Projects will serve as a successful model for attracting young visitors and unlocking future growth and profit opportunities. We anticipate that the Projects will become sought-after destinations."

About Golden Heaven Group Holdings Ltd.

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

Cision View original content:https://www.prnewswire.com/news-releases/golden-heaven-group-holdings-ltd-launches-wedding-photography-and-light-show-projects-302380108.html

SOURCE Golden Heaven Group Holdings Ltd.

FAQ

What are the new projects announced by GDHG in February 2024?

GDHG announced wedding photography and light show projects in Tongling and Changde cities, China, through a partnership with Dacheng Culture and Fuzhou Yibang.

How long is GDHG's cooperation agreement for the new projects?

The cooperation agreement for the wedding photography and light show projects has a duration of 6 months.

What is GDHG's role in the new entertainment projects?

GDHG, through its subsidiary Nanping Golden Heaven, will coordinate and supervise the operations of the projects and participate in profit sharing.

Which cities will host GDHG's new wedding photography projects?

The wedding photography and light show projects will be located in Tongling city and Changde city, China.

What is the target market for GDHG's new entertainment projects?

The projects specifically target young couples and romantic partners seeking latest fashion trends and innovative experiences.

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