GDHG · GOLDEN HEAVEN GROUP HOLDINGS LTD.

Golden Heaven Group Holdings Ltd. has disclosed three significant asset acquisition agreements executed by its wholly-owned subsidiary, Fuzhou Golden Carnival Cultural Development Co., Ltd., on March 30, 2026. These transactions represent a substantial capital deployment totaling RMB 171.9 million to acquire amusement park and cultural tourism assets from three separate sellers. The acquisitions appear strategically focused on expanding the company's asset base in the amusement and leisure sector, with assets including rides, equipment, and related facilities. Each agreement follows a consistent structure with fixed pricing, one-time payment terms, and rapid asset transfer timelines. The agreements include standard provisions for title warranties, confidentiality, dispute resolution through Chinese courts, and force majeure protections. The transactions are structured as asset purchases rather than equity acquisitions, which may provide operational flexibility and limit assumption of seller liabilities. The timing suggests these may be part of a coordinated expansion strategy ahead of peak tourism seasons.