Haichang Partners for New IP Themed Park Project

Haichang Ocean Park Holdings Ltd. (HK:2255) has released an update.

Haichang Ocean Park Holdings Ltd. has announced a non-binding agreement with Ningbo Qianwan Holding Group Co., Ltd. for the co-development of an international IP themed park in Ningbo Qianwan New Area. The project aims to establish a leading entertainment destination in Asia, leveraging local ecological and tourism resources to enhance the region’s leisure appeal. While the agreement is not legally binding and the project may not proceed, Haichang sees it as a potential milestone in their asset-light strategy and a boost to their brand and industry leadership.

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