Shangyuan Holdings invested 2.295 billion Hong Kong dollars in Haichang Ocean Park.
The Hong Kong Stock Exchange announced that Xiangyuan Holdings Group will make a strategic investment of HK$2.295 billion in Haichang Ocean Park, a mainboard-listed company on the Hong Kong Stock Exchange. If this transaction is successfully completed, Xiangyuan will become the controlling shareholder of Haichang Ocean Park. According to public information, Xiangyuan Holdings Group owns abundant mountainous scenic resources, while Haichang Ocean Park is a comprehensive cultural and tourism group based on marine culture. Both companies have been listed multiple times in the "Top 20 Chinese Tourism Groups", and the collaboration between the two can create a "mountain-sea linkage" cultural tourism layout, achieving coordinated development. This cooperation is not only a deep integration of strategy, resources, and markets for both parties, but also an important step for the cultural tourism industry to move towards high-quality development.
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