Golden Heaven entered into a collaboration agreement with Zigong City Dragon Culture & Arts, a company engaged in various commercial, cultural and artistic activities in China. Golden Heaven agrees to lease certain land and property for Zigong Culture, to host a range of outdoor activities. These activities include seasonal excursions, extracurricular activities, physical competitions, and talent shows. Zigong Culture will compensate the company with an aggregate lease payment of RMB8.73M, payable quarterly, ensuring a steady revenue stream over the contract period from March 11, 2024 to March 10, 2025.
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