Golden Sun Health Technology Group Limited Announces Joint Venture to Enter the Cultural Tourism Market
Golden Sun Health Technology Group Limited Announces Joint Venture to Enter the Cultural Tourism Market
SHANGHAI, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Golden Sun Health Technology Group Limited, formerly known as Golden Sun Education Group Limited (the "Company" or "Golden Sun") (Nasdaq: GSUN), a provider of tutorial services in China, today announced that the Company, through its wholly-owned subsidiary Shanghai Golden Sun Gongyu Education Technology Co., Ltd. ("Gongyu"), has established a strategic joint venture (the "JV") named Shanghai Fuyang Cultural Tourism Development Co., Ltd. The JV marks a significant milestone in the Company's ongoing business transformation, aiming to capitalize on the rapidly growing cultural tourism sector in China. The move is expected to further diversify the Company's revenue streams while leveraging its years' expertise in education technology to create synergies within the JV.
上海,2024年8月29日,Golden Sun Health Technology Group Limited(前身为Golden Sun Education Group Limited)(以下简称“公司”或“Golden Sun”)(纳斯达克股票代码:GSUN),中国的一个辅导服务提供商,今日宣布,公司通过其全资子公司上海金阳宫宇教育科技有限公司(简称“宫宇”)成立了一家名为上海富阳文化旅游发展有限公司的战略合资公司(以下简称“JV”)。JV是公司正在进行的业务转型的重要里程碑,旨在利用中国文化旅游行业的快速增长。有望进一步多元化公司的收入来源,并利用多年的教育科技专业知识,在JV内部实现协同效应。
On August 15, 2024, the Board of Directors of Gongyu unanimously approved an investment to establish the JV, partnering with two individuals who bring profound academic backgrounds, along with extensive experience and resources in designing over a hundred cultural tourism projects across China. The JV will focus on planning, design, consulting, and promotion services for cultural tourism projects and products, as well as the development and management of cultural and tourism resources. Gongyu agrees to invest and secure a 51% equity interest in the JV, with one of the partners designated to assume the role of executive director of the JV.
2024年8月15日,宫宇董事会一致批准了投资设立这家合资公司的决定,与两个具有深厚学术背景、在中国各地设计了一百多个文化旅游项目的合作伙伴合作。JV将专注于文化旅游项目和产品的规划、设计、咨询和推广服务,以及文化和旅游资源的开发和管理。宫宇同意投资并获得JV的51%股权,其中一个合作伙伴被指定为执行董事。
Mr. Xueyuan Weng, Chairman and Chief Executive Officer of the Company, commented, "Amidst the booming growth of China's domestic tourism market especially in the post-COVID 19 era, with the increasing interest in traditional culture and government support for national cultural revival, we identify tremendous opportunities and potential in the cultural tourism sector. In response, we have developed strategic plans to establish a business presence in the culture tourism activities, acquiring cultural tourism construction projects, and offering planning and consultancy services for such initiatives. Once these key initiatives are established, we will lay the foundation for a comprehensive and integrated business model within this sector."
公司董事长兼首席执行官翁雪元先生评论道:“在中国国内旅游市场尤其是COVID-19疫情后的蓬勃发展中,随着对传统文化兴趣的增加以及国家对国家文化复兴的支持的增加,我们在文化旅游行业中看到了巨大的机遇和潜力。作为回应,我们制定了战略计划,以在文化旅游活动中建立业务存在,获得文化旅游建设项目,并为此类项目提供规划和咨询服务。一旦这些重要举措确立,我们将为该行业内的综合业务模式奠定基础。”
Mr. Weng continued, "We believe the JV will fully leverage the strengths of each party involved. We bring commercial management expertise and diversified channels, while our partners, professors from Fudan University, offer deep academic resources and extensive experience in designing cultural tourism projects. By combining these strengths with favorable macroeconomic trends, we anticipate rapid growth in our cultural tourism business. Moreover, this investment aligns perfectly with our forthcoming strategy to build a cultural tourism group that will provide one-stop services, including the planning, design, construction, and operation of cultural tourism projects—which might be a unique offering in China's cultural tourism industry."
翁先生继续说:“我们相信这个合资企业将充分发挥每个参与方的优势。我们拥有商务管理专业知识和多元渠道,而我们的合作伙伴——复旦大学的教授们,提供丰富的学术资源和在设计文化旅游项目方面的广泛经验。通过将这些优势与有利的宏观经济趋势相结合,我们预计文化旅游业务将迅速增长。此外,这项投资与我们即将推出的策略完美契合,我们计划打造一个文化旅游集团,提供一站式服务,包括文化旅游项目的规划、设计、施工和运营,这在中国的文化旅游行业可能是独一无二的。”
About Golden Sun Health Technology Group Limited
关于Golden Sun Health Technology Group Limited
Established in 1997 and headquartered in Shanghai, China, Golden Sun Health Technology Group Limited, formerly known as Golden Sun Education Group Limited, is a provider of tutorial services in China with over twenty years of experience providing educational services that focus on the development of each of its student's strengths and potential, and the promotion of life-long skills and interests in learning. Golden Sun has three tutorial centers, one educational company that partners with high schools to offer language classes, and one logistics company that provides logistic and consulting services. The tutorial centers of Golden Sun focus on different groups of targeted students by offering different tutorial programs. For more information, visit the Company's website at ir.jtyjyjt.com.
成立于1997年,总部位于中国上海的金阳健康科技集团有限公司,原名金阳教育集团有限公司,是中国的一家教育服务提供商,拥有超过二十年的经验,专注于培养每位学生的优势和潜力,促进终身学习的技能和兴趣的发展。金阳有三家教育中心,一个与高中合作提供语言课程的教育公司,以及一家提供物流和咨询服务的物流公司。金阳的教育中心通过提供不同的教学计划,专注于不同的目标学生群体。欲了解更多信息,请访问公司网站ir.jtyjyjt.com。”
Forward-Looking Statements
前瞻性声明
Certain statements in this announcement are forward-looking statements. 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 "approximates," "assesses," "believes," "hopes," "expects," "anticipates," "estimates," "projects," "intends," "plans," "will," "would," "should," "could," "may" 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 annual report and other filings with the U.S. Securities and Exchange Commission.
本公告中的某些陈述是前瞻性陈述。这些前瞻性陈述涉及已知和未知的风险和不确定性,并基于公司对未来事件的当前预期和投资。公司认为,这些事件可能影响其财务状况、经营成果、业务战略和资金需求。投资者可以通过“大约”,“评估”,“认为”,“希望”,“预计”,“预计”,“估计”,“计划”,“打算”,“计划”,“将要”,“会”,“应该”,“可能”或类似表达来识别这些前瞻性陈述。除非法律要求,公司无义务公开更新或修改任何前瞻性陈述以反映随后发生的事件或情况,或其预期的变化。尽管公司认为这些前瞻性陈述表达合理,但不能保证此类预期将被证明正确,公司提醒投资者注意实际结果可能与预期结果大为不同,并鼓励投资者审查可能影响公司未来结果的其他因素,包括公司的年度报告和其他提交给美国证券交易委员会的文件。
For more information, please contact:
更多信息,请联系:
Golden Sun Health Technology Group Limited
Investor Relations Department
Email: ir@cngsun.com
表格
40-F ☐
投资者关系部门
电子邮件: ir@cngsun.com
Ascent Investor Relations LLC
Tina Xiao
President
Phone: +1 646-932-7242
Email: investors@ascent-ir.com
Ascent Investor Relations LLC
Tina Xiao
总裁
电话:+1 646-932-7242
电子邮件:investors@ascent-ir.com