Golden Sun Health Technology Group Limited, a provider of tutorial services in China, has announced the establishment of a strategic joint venture named Shanghai Fuyang Cultural Tourism Development Co., Ltd. The joint venture aims to capitalize on the rapidly growing cultural tourism sector in China, diversifying the company’s revenue streams and leveraging its expertise in education technology. The JV will focus on planning, design, consulting, and promotion services for cultural tourism projects and products.
The Board of Directors of Golden Sun’s subsidiary, Shanghai Golden Sun Gongyu Education Technology Co., Ltd., approved the investment to establish the JV, partnering with individuals who have extensive experience in designing cultural tourism projects in China. Golden Sun will hold a 51% equity interest in the JV, with one partner assuming the role of executive director.
Golden Sun’s Chairman and CEO, Mr. Xueyuan Weng, highlighted the opportunities in China’s cultural tourism sector, especially post-COVID-19, and expressed optimism for the JV’s growth potential. He emphasized the combination of commercial management expertise and academic resources from the JV partners, positioning the company for success in the cultural tourism industry.
Established in 1997, Golden Sun Health Technology Group Limited has over twenty years of experience in educational services. The company operates tutorial centers and partners with high schools to offer language classes, as well as providing logistics and consulting services. For more information, visit the company’s website.
Investors can expect Golden Sun Health Technology Group Limited to continue pursuing strategic opportunities in cultural tourism, aligning with its vision to offer comprehensive services in the planning, design, construction, and operation of cultural tourism projects.
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