Qidong, May 22, 2015 /PRNewswire/ — On May 22, 2015, Tianyang Holding Group signed a framework agreement with the Qidong Municipal Government of Jiangsu Province for the “Qidong · Mengdongfang International Tourism Resort” project. A cluster of theme parks centered on Chinese culture is set to be established in the Yangtze River Delta region.
Opening Ceremony of the 2015 China · Qidong International Economic and Trade Fair and the Centralized Signing and Licensing Ceremony for Major Projects
The “Qidong · Mengdongfang International Tourism Resort” project covers an area of approximately 16 square kilometers (about 16 million square meters), with a construction period of around five years. It will use internet thinking to develop three major theme parks: a world-renowned movie-themed park, a Chinese independently-owned intellectual property movie-themed park, and a marine-themed park, bringing a brand-new entertainment experience to global visitors.
Mr. Xu Feng, Secretary of the Qidong Municipal Party Committee, said: “There is no cultural project of such large scale as the ‘Mengdongfang International Tourism Resort’ in the Yangtze River Delta region yet. Now that coordinated development in the Yangtze River Delta has become a national strategy, the fact that Tianyang Holding Group has chosen to invest in Qidong shows that the group’s decision-makers have strategic foresight.”
Mr. Yang Lei, Executive President of Mengdongfang under Tianyang Holding Group, said: “The total investment for the ‘Qidong · Mengdongfang International Tourism Resort’ project is about 60 billion yuan. This project will significantly enhance Qidong’s influence both in China and globally, making it a world-class cultural and tourism city.”
Signing ceremony scene between Qidong Municipal People's Government and Tianyang Holding Group
Qidong Municipal People's Government and Tianyang Holding Group successfully sign strategic cooperation agreement
About Mengdongfang:
“Mengdongfang” is a Chinese cultural and entertainment brand under Tianyang International (00593.HK). Since its establishment, Mengdongfang has proposed a strategic structure of “light assets + heavy assets,” pioneering an industrial development model based on “Chinese culture as the foundation and independent intellectual property as the core.” It is committed to using internet thinking to disrupt the traditional industry model and become a world-class cultural and entertainment brand.
About Tianyang International:
Tianyang International Holdings Limited (00593.HK) is a publicly listed company on the Main Board of the Hong Kong Stock Exchange. It operates two major businesses: cultural industries and internet technology.
Tianyang International is dedicated to integrating global resources, focusing on China’s most economically developed and densely populated urban agglomerations — Greater Beijing, Greater Shanghai, and Greater Shenzhen. By leveraging cultural industries and internet technology, it aims to drive urban development and value enhancement, fostering the construction of new, eco-friendly, civilized, and sustainable towns.
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