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Golden Heaven Group Holdings Ltd. Announces Significant Share Consolidation

Golden Heaven Group Holdings Ltd., a prominent amusement park operator in China, made a crucial announcement on May 6, 2025, regarding its share structure as part of a strategic move to ensure compliance with Nasdaq listing requirements. This development comes in light of the company's ongoing efforts to enhance its market position and maintain investor confidence.

On April 23, 2025, the company's board of directors approved a significant 25-for-1 share consolidation, a decision that will take effect on May 9, 2025. The aim of this consolidation is to comply with Nasdaq Marketplace Rule 5550(a)(2), which stipulates certain benchmarks for continued listing on the exchange. By consolidating its shares in this manner, Golden Heaven aims to stabilize its stock price and improve its financial standing in the eyes of investors.

Starting May 9, 2025, Golden Heaven's Class A ordinary shares will trade on the Nasdaq Capital Market under the same ticker symbol, GDHG. However, investors should note that the shares will have a new CUSIP number, G3959D208, which is also indicative of the financial restructuring the company is undergoing. With this share consolidation, every 25 ordinary shares that were previously outstanding will be combined into a single issued share, simplifying the company's share structure significantly.

The company’s authorized share capital will also undergo a transformation. Following the consolidation, it will shift from US$200,600,000, which consisted of 40 billion Class A shares and 120 million Class B shares, to a new structure of 1.6 billion Class A shares and 4.8 million Class B shares, both with a par value of US$0.125 each. This reduction in the number of shares aims to enhance the perceived value and stability of the remaining shares in the market. Furthermore, the existing pool of Class A shares will decrease from approximately 74.3 million to about 2.97 million, representing a substantial consolidation that reflects the company's strategic steering towards a robust financial framework.

It's noteworthy that in this share consolidation, no fractional shares will be offered to shareholders. Instead, should a shareholder’s holdings result in a fraction following the consolidation, they will receive one full share for each fraction instead of a fractional share. This policy is likely to facilitate a smoother transition for existing shareholders as the consolidation becomes effective, ensuring that the restructuring aligns with shareholder interests.

Golden Heaven operates a variety of entertainment venues across China, with its parks showcasing thrilling and family-friendly attractions alike, including cutting-edge water rides and circus performances. This diverse offering not only attracts local visitors but also aims to cater to international tourists, thereby enhancing the company’s market reach and brand presence.

The strategic decision behind this share consolidation also comes amid broader market trends and pressures faced by companies listed on exchange platforms such as Nasdaq. Many firms are navigating stringent listing standards, and Golden Heaven's proactive measures suggest an intent to fortify its position in a competitive market.

As the company moves forward with these financial adjustments, it remains committed to updating its investors on its operational progress and market positioning. Future projections remain optimistic, with the management emphasizing the importance of this consolidation in paving the way for sustained growth and enhanced shareholder value.

For further updates and information regarding Golden Heaven Group Holdings Ltd., interested parties can visit the company's official website at ir.jsyoule.com. The company reiterates its commitment to transparent communications with shareholders as it navigates this pivotal phase.