Golden Heaven Group Holdings Ltd. Offers Response to Deceptive, Fabricated Postings
16 Novembre 2023 - 12:00PM
Golden Heaven Group Holdings Ltd. (the “Company” or “Golden
Heaven”) (Nasdaq: GDHG), an amusement park operator in China,
issued the following statement in response to baseless allegations
that appeared on certain websites believed to be supported and
working in concert with short sellers. Golden Heaven strongly
believes that the carelessly assembled report contains numerous
errors of facts, misleading speculations and malicious
interpretations of events surrounding the Company’s operations.
The report presents both an array of factual
errors and numerous inflammatory and misleading statements
demonstrating a fundamental lack of understanding of the Company
financial statements and our business. Moreover the report was
designed to encourage market fear by taking unsubstantiated and
uncorroborated pictures and assertions that are designed to cause
fear and panicked selling in a global capital market that is
already precarious.
Golden Heaven's Board of Directors has been
informed of the allegations and will consider and decide on the
necessary and appropriate course of action in response to the
allegations. Golden Heaven will release additional, detailed
information concerning the allegations in due course. The Company
is committed to providing full and accurate disclosure to investors
and to rebutting any false claims that attempt to undermine
confidence in its business, management, operations and prospects.
The Company is planning on launching a full investigation and
holding those behind these baseless attacks responsible.
The Company’s management and Board of Directors
wishes to thank its loyal shareholders who were able to tell the
truth from the baseless scare tactics that has kept the stock price
stable.
About Golden Heaven Group Holdings
Ltd.
Golden Heaven Group Holdings Ltd. manages and
operates six properties consisting of amusement parks, water parks,
and complementary recreational facilities. With approximately
426,560 square meters of land in the aggregate, these parks are
located in geographically diverse markets across the south of China
and collectively offer approximately 139 rides and attractions. Due
to the geographical locations of the parks and the ease of travel,
the parks are easily accessible to an aggregate population of
approximately 21 million people. Since September 30, 2023, Mangshi
Jinsheng Amusement Park, which is one of the six parks, has been
temporarily closed. The parks provide a wide range of exciting and
entertaining experiences, including thrilling rides,
family-friendly attractions, water attractions, gourmet festivals,
circus performances, and high-tech facilities. For more
information, please visit the Company's website at
https://ir.jsyoule.com/.
Forward-Looking Statements
This press release contains "forward-looking
statements". Forward-looking statements reflect our current view
about future events. 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 "may," "will," "could," "expect," "anticipate," "aim,"
"estimate," "intend," "plan," "believe," "is/are likely to,"
"propose," "potential," "continue" 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 registration statement and other
filings with the U.S. Securities and Exchange Commission.
For investor and media inquiries, please
contact:
Golden Heaven Group Holdings Ltd.Email:
group@jsyoule.com
Ascent Investor Relations LLCPhone:
+1-646-932-7242Email: investors@ascent-ir.com
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