Gelonghui, May 4?$Haichang Ocean Park (02255.HK) $It was announced that the company has recently signed a strategic cooperation agreement with Sunny World Infrastructureand Real Estate Investment & Development Group Corporation ("Sunny World"), and the two sides will cooperate in terms of project cooperation, literature and tourism industry format and industrial resources cooperation, as well as joint business expansion.

According to the agreement, the two marine theme park projects to be developed or managed by Sunny World in Vietnam will be the first cooperative project. The Group will provide them with full-process services such as cultural and tourism industry resources and format introduction, planning consultation, planning and design, as well as brand and world-renowned IP licensing, animal conservation and operation preparation. Sunny World is responsible for the investment promotion, development and construction of related cooperative projects. The two sides set up a joint venture company to be responsible for the operation and management of related cooperation projects, explore other more innovative cooperation models, and work together to create theme travel projects with important landmark significance in Vietnam. The two sides also plan to carry out cooperation in the format of culture and tourism and industrial resources, such as commercial complexes, office buildings, hotels, high-end apartments, etc. owned or managed by Sunny World and under construction or planning, as well as tourism, vacation and leisure and entertainment projects, giving priority to the group theme park, theme entertainment complex, small and medium-sized indoor theme entertainment projects, Hotel Theme. As well as the cooperation of the relevant ocean and polar theme literature and tourism formats and related industrial resources to help upgrade the format and property value of the project. In terms of joint business development, the two sides select acquisition or operation and management opportunities for high-quality cultural and tourism assets and properties in all regions of Vietnam, and jointly develop comprehensive cultural and tourism real estate projects. to form more competitive solutions in government public relations, capital, investment construction, operation management, brand authorization and the introduction of cultural and tourism industry resources. With high standards of planning and design, development, construction and operation management to create Asia's leading, Vietnam's first-class cultural and tourism real estate comprehensive project.

Sunny World is one of the leaders in the Vietnamese real estate market and has been a leader in investment, development, asset management and investment promotion since 2009. Its mission is not only to promote the business of local private groups, but also to promote Vietnamese business to the world.

The Board of Directors believes that cooperation with Sunny World is of strategic significance and will become the first overseas brand export project under the Group's cultural and travel services and solutions business when the first cooperation project is launched. Cooperation with Sunny World will bring together the superior resources of both sides, help the group to establish an international brand, and create a global life and entertainment platform characterized by marine culture.