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Haichang Ocean Park Holdings Ltd. ( (HK:2255) ) has shared an update.
Haichang Ocean Park Holdings Ltd. has entered into a joint venture cooperation contract through its wholly owned subsidiary Beijing Haichang Ocean Park Co., Ltd. with Beijing Yitong Zhongxin Enterprise Management Co., Ltd., a subsidiary of Beijing Tongzhou Urban Construction and Operation Group, to establish a joint venture that will exclusively operate the Beijing Haichang Ocean Park project. Under the agreement, the Beijing project will operate under the “Haichang Ocean Park” brand, with Haichang providing biological assets on a leasing basis, and the joint venture assuming long-term operational responsibility for the new fifth-generation aquarium complex, which is already in the engineering construction phase and is expected to be completed and commence operations in 2027. Located in Beijing’s sub-city cultural tourism district adjacent to Beijing Universal Resort and a key metro station, the 160,000-square-metre project will combine aquariums, hotels, education, research, immersive entertainment and performances across eight themed zones. The board positions this project as a flagship benchmark for next-generation ocean theme parks and a milestone in Haichang’s cultural tourism services and solutions business, viewing the joint venture as a replicable, profitable model that could accelerate expansion into other key Chinese cities and support the company’s long-term growth and value creation for shareholders and partners.
The most recent analyst rating on (HK:2255) stock is a Sell with a HK$0.54 price target. To see the full list of analyst forecasts on Haichang Ocean Park Holdings Ltd. stock, see the HK:2255 Stock Forecast page.
More about Haichang Ocean Park Holdings Ltd.
Haichang Ocean Park Holdings Ltd. is a China-based marine culture and tourism operator, best known for its ocean theme parks and aquariums under the “Haichang Ocean Park” brand. The group focuses on developing and operating large-scale marine cultural tourism destinations, integrating entertainment, education, and themed hospitality, and has been cultivating the marine culture and tourism market for over two decades.
Average Trading Volume: 46,926,152
Technical Sentiment Signal: Sell
Current Market Cap: HK$7.14B
For detailed information about 2255 stock, go to TipRanks’ Stock Analysis page.