Golden Heaven Group
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Golden Heaven Group (GDHG) investor relations material

Golden Heaven Group Registration Filing summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Registration Filing summary2 Feb, 2026

Company overview and business model

  • Operates as a Cayman Islands holding company with all operations conducted through wholly owned Chinese subsidiaries managing amusement and water parks, offering rides, events, and commercial rentals.

  • Revenue is generated from park admissions, event rentals, and tenant leases, with a focus on both thrilling and family-friendly experiences.

  • Corporate structure is direct ownership, not using a VIE model, and investors purchase shares in the offshore holding company, not the Chinese operating entities.

Financial performance and metrics

  • Revenue for fiscal years ended September 30, 2025, 2024, and 2023 was $15.29M, $22.33M, and $31.79M, respectively.

  • Net (loss)/income for the same periods was $(8.59)M, $(1.80)M, and $6.55M, respectively.

  • Guest visits totaled 0.29M, 1.32M, and 1.87M for 2025, 2024, and 2023, showing a significant decline in recent years.

Use of proceeds and capital allocation

  • Net proceeds from the initial public offering were used for a $6.19M cash transfer to Chinese operating entities in May 2023.

  • No current plan to declare or pay cash dividends on Class A Ordinary Shares in the foreseeable future; board has full discretion on dividends.

  • Cash transfers between entities are subject to PRC regulations and may be restricted by government intervention or legal requirements.

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H1 20269 Jul, 2026
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Frequently asked questions

Golden Heaven Group Holdings Ltd. is involved in the management and operation of amusement parks, water parks, and other recreational facilities in China. The company’s offerings include a variety of recreational experiences such as thrill rides, family-friendly attractions, water-based activities, gourmet events, and live performances, including circus shows. Golden Heaven operates six parks across China, designed to cater to both local residents and tourists seeking entertainment and leisure activities. The company is headquartered in Nanping, China, and its shares are listed on the NASDAQ.

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