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$GDHG .5282 +12.86% HOD .55 #bullish on News #shortsqueeze
GDHG News For March 6, 2024 - "Golden Heaven Group Holdings Ltd. (Nasdaq: GDHG) Announces Guest Visits Increased During the 2024 Chinese Spring Festival Holiday"
Link : https://ir.jsyoule.com/news.html?type=press
#nasdaq #amusementparks #destinationchina
Golden Heaven Group Holdings Ltd. Announces Guest Visits Increased During the 2024 Chinese Spring Festival Holiday
This figure represents an approximately 28.4% increase in park attendance over the corresponding period in 2023, which recorded 78,189 guest visits from January 22, 2023 to January 29, 2023. This sets a new attendance record for Golden Heaven.
Tongling West Lake Amusement World: The number of guest visits was up 47.9% to 22,152, from 14,978 in the corresponding period last year.
Changde Jinsheng Amusement Park: The number of guest visits was up 33.1% to 20,256, from 15,218 in the corresponding period last year.
Yueyang Amusement World: The number of guest visits was slightly down 6.5% to 26,309, from 28,144 in the corresponding period last year.
Yunnan Yuxi Jinsheng Amusement Park: The number of guest visits was up 51.5% to 20,733 from 13,682 in the corresponding period last year.
Qujing Jinsheng Amusement Park: The number of guest visits was up 76.9% to 10,912, from 6,167 in the corresponding period last year.
$GDHG Led by CEO and Chairman Qiong Jin, GDHG's management team brings years of industry experience and expertise to the table, ensuring effective leadership and strategic direction.
#amusementparks #nasdaq #investment #nasdaq #nasdaqlisted #waterpark
Led by CEO and Chairman Qiong Jin, GDHG's management team brings years of industry experience and expertise to the table, ensuring effective leadership and strategic direction. #amusementparks #nasdaq #investment #nasdaq #nasdaqlisted #waterpark$GDHG $DIS $SEAS $SIX $FUN $CMCSA pic.twitter.com/iec8T9xyZI
— Golden Heaven Group Holdings Ltd. (@GoldenHeavenLTD) March 5, 2024
$GDHG "This 2023 fiscal year marked a period of resilience for the Company. Our parks experienced decreases in park attendance, mainly due to facility safety maintenance from June 2023 to September 2023, which had a notable impact on our immediate financial performance. Despite such challenges, we pursued collaborations with major amusement parks in China. We believe that our successful listing on Nasdaq in April 2023 helped us to accelerate our market expansion in China. Looking forward, we will strive to satisfy customers' entertainment needs and enhance our reputation. We are also dedicated to expanding our presence in the industry and unlocking value for all our stakeholders," stated Ms. Qiong Jin, the CEO and Chairman of the Company.
$GDHG 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. https://finance.yahoo.com/news/golden-heaven-group-holdings-ltd-130000238.html
The Board has determined that the Share Repurchase Program is in the best interest of the Company's shareholders based on its analysis and estimation that the current share price is significantly lower than the intrinsic value and that the Share Repurchase Program may improve shareholders' confidence in the Company. The Board will be periodically reviewing the Share Repurchase Program and may authorize adjustments of its terms and size.
$GDHG
$GDHG NEWS: Golden Heaven Group Holdings Ltd. to Expand into Indonesia Market with its Strategic Partnership
PR Newswire
Thu, Feb 29, 2024, 8:00 AM EST
In This Article:
GDHG
+3.61%
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
View original content: https://www.prnewswire.com/news-releases/golden-heaven-group-holdings-ltd-to-expand-into-indonesia-market-with-its-strategic-partnership-302074850.html
SOURCE Golden Heaven Group Holdings Ltd.
$GDHG - The NASDAQ listing process marked improvements in our business development, corporate governance, and risk management practices.
$GDHG The company's goals for 2024 include utilizing the capital market, enhancing operational efficiency, and increasing investment in technology to improve customer satisfaction.
Nice trading yesterday and so far today...
$GDHG - Ms. Qiong Jin, the CEO and Chairman of the Company, commented, "This 2023 fiscal year marked a period of resilience for the Company. Our parks experienced decreases in park attendance, mainly due to facility safety maintenance from June 2023 to September 2023."
SHORT SQUEEZE STOCK BIGGER THAN GAMESTOP SHORT SQUEEZE OR AMC STOCK MOASS ? 😱😱😱 VW SHORT SQUEEZE 🚀💥
lol, you guys really aren't very good that this. Embarrassed yet?
$GDHG strong reversal coming, accumulation at its finest after heavy volume last few trading days…wondering how much longer before the short squeeze.
Feb. 22, 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 21, 2024, the Company's Board of Directors (the "Board") has authorized a share repurchase program authorizing the Company to repurchase up to US$6,000,000 of the Company's outstanding Class A ordinary shares from time to time during a 24-month period (the "Share Repurchase Program"). The Share Repurchase Program will be facilitated by Dawson James Securities, Inc.
$GDHG Value investors look for securities with prices that are unjustifiably low based on their intrinsic worth.
6 million dollar share repurchase sets this one up nicely.
$GDHG still here. me thinks it will pop sooner rather than later
$GDHG - $6,000,000 Share Repurchase Program, shorts here looking desperate.
https://finance.yahoo.com/news/golden-heaven-group-holdings-ltd-130000712.html
LOL gotta love POS chinese gems, they do one thing, roast longs.
what happened, people not impressed with the buyback?'
lol, apparently not...
$GDHG .4802 +9.14% Holding Gains, Looks great! #shortsqueeze
$GDHG looks good to me
Trial Operation of Seven Rainbow Park
On February 1st GDHG announced the trial operation of Seven Rainbow Park in Anshun City, Guizhou Province of China.
The construction of the Seven Rainbow Park was completed ahead of schedule and GDHG commenced the trial operation in January 2024. GDHG expects the Seven Rainbow Park to provide a good entertainment experience for guests, especially during the winter holiday and the Chinese New Year. An estimated total of RMB140 million is expected to be invested in this park, of which amount, approximately RMB41 million has already been invested to date.
The new GDHG Seven Rainbow Park spans approximately 15,000 square meters. It specifically caters to the entertainment needs of children and teenagers, featuring a range of attractions such as a Ferris wheel, luxury carousel, a zoo, an ocean hall, a pirate ship, and bumper cars, among others.
what happened, people not impressed with the buyback?
$GDHG huge move .5551 +26.16% HOD .567 #shortsqueeze SIX (6) Million Dollar Share Buyback Program Announced Today
$GDHG $6 Million Dollar Share Buyback Program Announced for Growth Oriented Amusement Park Company: Golden Heaven: Nasdaq GDHG - World News Report - EIN Presswire https://world.einnews.com/article/690508688/6-million-dollar-share-buyback-program-announced-for-growth-oriented-amusement-park-company-golden-heaven-nasdaq-gdhg via @ein_news
$GDHG opens up at .48 +9.09% Going higher on $6M Share buyback program #shortsqueeze
$GDHG Premarket News! Golden Heaven Group Holdings Ltd. Announces $6,000,000 Share Repurchase Program https://finance.yahoo.com/news/golden-heaven-group-holdings-ltd-130000712.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr via @YahooFinance
News: Golden Heaven Group Holdings Ltd. Announces $6,000,000 Share Repurchase Program
PR Newswire
Thu, Feb 22, 2024, 8:00 AM EST
In This Article: $GDHG
NANPING, China, Feb. 22, 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 21, 2024, the Company's Board of Directors (the "Board") has authorized a share repurchase program authorizing the Company to repurchase up to US$6,000,000 of the Company's outstanding Class A ordinary shares from time to time during a 24-month period (the "Share Repurchase Program"). The Share Repurchase Program will be facilitated by Dawson James Securities, Inc.
The Board has determined that the Share Repurchase Program is in the best interest of the Company's shareholders based on its analysis and estimation that the current share price is significantly lower than the intrinsic value and that the Share Repurchase Program may improve shareholders' confidence in the Company. The Board will be periodically reviewing the Share Repurchase Program and may authorize adjustments of its terms and size.
In determining the amount of capital to allocate to share repurchases, the Company takes into account, among other things, its historical and expected business performance, cash and liquidity position, as well as global economic and market conditions and the market price of the Company's Class A ordinary shares. The timing, manner, price, and amount of any repurchases under the Share Repurchase Program are determined by the Company in its discretion. Purchases may be affected through open market transactions, privately negotiated transactions, transactions structured through investment banking institutions, or other means. The Company is not obligated to repurchase any specific number of Class A ordinary shares and the program may be modified, suspended, or discontinued at any time.
The Company intends to make all repurchases in compliance with applicable regulatory guidelines and to administer the plan in accordance with applicable laws.
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
View original content: https://www.prnewswire.com/news-releases/golden-heaven-group-holdings-ltd-announces-6-000-000-share-repurchase-program-302068265.html
SOURCE Golden Heaven Group Holdings Ltd.
$GDHG power hour and after hour runner. Many 13G filings reported this month alone. #shortsqueeze
https://www.nasdaq.com/market-activity/stocks/gdhg/sec-filings
Well it IS entertaining to watch pumped junk Chinese stocks plummeting.
"we will strive to satisfy customers' entertainment needs "
$GDHG - "Looking forward, we will strive to satisfy customers' entertainment needs and enhance our reputation. We are also dedicated to expanding our presence in the industry and unlocking value for all our stakeholders."
https://finance.yahoo.com/news/golden-heaven-group-holdings-ltd-233000519.html
$GDHG - Ms. Qiong Jin, the CEO "Our goal is to establish the Park as an entertainment hub in the local area while advancing the Company's sustainable development and profit objectives."
https://finance.yahoo.com/news/golden-heaven-group-holdings-ltd-130000927.html
Fiscal Year 2023 Financial Highlights:
Total revenue was $31.8 million in fiscal year 2023, compared to $41.8 million in fiscal year 2022.
Gross profit was $19.3 million in fiscal year 2023, compared to $30.2 million in fiscal year 2022. Gross margin was 60.76% in fiscal year 2023, compared to 72.19% in fiscal year 2022.
Income from operations was $10.7 million in fiscal year 2023, compared to $21.2 million in fiscal year 2022.
Net income was $6.5 million in fiscal year 2023, compared to $14.3 million in fiscal year 2022.
Earnings per share was $0.13 in fiscal year 2023, compared to $0.29 in fiscal year 2022.
looks like revenue should increase this year IMO. hiring is up as well.
Our revenue was derived from (i) sales of in-park recreation, (ii) rental income, and (iii) park service fees.
The total revenue decreased by US$10,001,394, or 23.93%, from US$41,788,196 for the year ended September 30, 2022 to US$31,786,802 for the year ended September 30, 2023. Such decrease was primarily attributable to the decrease in sales of in-park recreation and park service fee. Revenue from sales of in-park recreation decreased mainly because (i) Mangshi Jinsheng Amusement Park was initially closed for electrical maintenance from November 2022 to April 2023, and (ii) all the other parks experienced decreases in park attendance due to facility safety maintenance from June 2023 to September 2023. Park service fees decreased mainly because a fewer number of gourmet festivals and circus performances were held in the parks during the fiscal year of 2023. Some of the special events held in the 2022 fiscal year were organized by the local government to help the business during the COVID-19 pandemic, and there was less of such government help in the fiscal year of 2023.
The total revenue increased by US$3,270,454, or 8.49%, from US$38,517,742 for the year ended September 30, 2021 to US$41,788,196 for the year ended September 30, 2022. Such increase was primarily attributable to the increase in sales of in-park recreation and park service fees. Since fiscal year 2022, the Chinese government has eased the COVID-19 restrictions and taken measures to promote the economic recovery, including issuing consumption vouchers and allowing free admission to certain scenic spots. As a result, the mobility of people increased, which contributed to the increase in sales of in-park recreation.
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