Ground-Breaking Ceremony Held for First Six Flags-Branded Theme Park in China
GRAND PRAIRIE, TEXAS--(Business Wire/Korea Newswire) January 20, 2016 -- Six Flags Entertainment Corporation (NYSE: SIX), the world’s largest regional theme park company, today announced that Riverside Investment Group Co. Ltd., an award-winning tourism and real estate developer, broke ground on a 30 billion yuan (USD $4.6 billion) development project that includes China’s first-ever Six Flags-branded theme park. The mixed-use development area is located in Haiyan, south of Shanghai, and the Six Flags theme park is expected to open in 2019.
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“Six Flags is synonymous with innovation and thrills for all ages, and we are delighted to partner with the Riverside Group to bring Six Flags thrills to China,” said John Odum, President, Six Flags International Development Company. “The Six Flags park in Haiyan will be a spectacular park featuring our signature lineup of record-breaking roller coasters, family rides and attractions and world-class shows—along with themed sections of the park that pay homage to the storied Chinese culture.”
The first phase of the mixed-use development project will be a new exhibition center that will open this fall and provide visitors an interactive preview of the upcoming offerings.
“Six Flags will be the centerpiece of the entire new resort development and will provide a major economic boon to tourism in the Yangtze River Delta and all of Eastern China,” said Che Li, Chairman of the Riverside Investment Group. “We are proud to partner with one of the most recognizable brands in the world to create an international destination where visitors can shop, dine and create thrilling memories.”
About Six Flags Entertainment Corporation
Six Flags Entertainment Corporation is the world’s largest regional theme park company with $1.2 billion in revenue and 18 parks across the United States, Mexico and Canada. For 55 years, Six Flags has entertained millions of families with world-class coasters, themed rides, thrilling water parks and unique attractions. For more information, visit www.sixflags.com.
About Six Flags in Haiyan
The thrilling experience of Six Flags Entertainment, the world's largest regional theme park company, is coming to China. The theme park being built in Haiyan will offer signature Six Flags thrills for guests of all ages including innovative, record-breaking roller coasters, family rides, and water attractions along with world-class shows and special events for the entire family to enjoy. The park is expected to open in 2019 in partnership with Riverside Investment Group Co. Ltd., an experienced, award-winning leisure and tourism developer. For more information, visit www.sixflags.com/china.
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