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Happy Valley theme park opens in Tianjin

 

 

Shenzhen Overseas Chinese Town Co Ltd opened a sixth theme park, Happy Valley inTianjin.

The theme park is the largest in China in terms of indoor floor area, covering 350,000square meters.

Ren Kelei, corporate general manager, said the company expects to continuouslyinvest in the Tianjin project, in a bid to build it into a leading entertainment destination.

Besides Tianjin, the company has set up other theme parks in Beijing, Shenzhen,Shanghai, Chengdu and Wuhan. According to corporate figures, in 2012 the fiveHappy Valleys received 13 million visitors.

Last year, Shenzhen Overseas Chinese Town received 24 million visitors, up 7.5percent year-on-year, making the company the eighth largest theme entertainmentoperator worldwide.

Executives of the company said Shenzhen Overseas Chinese Town expects to growinto the fourth-largest in 2015, with total assets passing 100 billion yuan ($16.3 billion)and profits exceeding 10 billion yuan.