Golden Heaven Group Holdings Ltd. operates as an offshore holding firm, principally engaged in the creation, construction, management, and ongoing operation of diverse leisure and entertainment venues throughout China. Its portfolio currently encompasses six urban amusement parks, water parks, and associated recreational facilities. The company was established in 2020 and maintains its primary executive offices in Nanping, People's Republic of China.
Golden Heaven Group Holdings Ltd. Announces Financial Results for the First Half of Fiscal Year 2026
Golden Heaven reported First Half 2026 revenue of $4.22 million, down 48% year-over-year, as the company ceased in-park recreation sales and shifted to a pure lessor model.
Despite the revenue drop, net loss narrowed to $6.56 million from $10.64 million in the prior year, supported by a cash balance of $155.88 million.
Subsequent to the reporting period, the company sold its six amusement parks to Pulse Link LTD for $64.04 million and agreed to a $1.7 million global settlement to resolve securities class action lawsuits.