China National Tourism Administration Presented "Feima Award" to Mr. Qu Naijie, Chairman of Haichang Holdings

HONG KONG, May 15, 2015 /PRNewswire/ -- Haichang Holdings Ltd. ("Haichang Holdings" or the "Company", together with its subsidiaries, the "Group", Stock Code: HK.02255), the largest developer and operator of marine theme parks in China, announced that Mr. Qu Naijie, Chairman of Haichang Holdings was awarded the "Feima Award" by the China National Tourism Administration ("CNTA").

"Feima Award" is highly recognized as it is presented for the first time by CNTA on 15 May to the top 10 private enterprise owners in China who have made significant contributions to the tourism industry. CNTA would like to encourage private investment in the tourism industry, which has become the major source of investment in the sector, as the Chinese economy is entering the "new normal" phase. The prosperous development of China's tourism industry is closely related to the contributions from a large number of outstanding private enterprises. It is worth mentioning that all of the awarded enterprises have invested over RMB 10 billion in China's tourism industry.

Mr. Qu Naijie, founder and of the Group, has entered the theme park business in China since 2001. Mr. Qu opened the first marine theme park of Haichang Holdings, Dalian Laohutan Ocean Park, in Dalian in 2002, which turned out to be a great success. The park has been rated as a 5A-class tourist attraction by the National Tourism Administration, becoming a strong impetus to the development of Dalian tourism industry. Following the success of Dalian Laohutan Ocean Park, Mr. Qu further developed seven different types of theme parks in the subsequent decade in China, building Haichang Holdings into one of the top 10 theme park operators worldwide.

Mr. Qu Naijie, Chairman of Haichang Holdings said, "We are pleased to receive the 'Feima Award' and thanks to the recognition of China National Tourism Administration. The award not only represents my personal glory but the recognition and acknowledgement of all the staff in Haichang Holdings. Following China economic growth entered into a new phrase with more favorable industry policies, China tourism industry has stepped into a golden development period. Driven by the rapid development in the industry, Haichang Holdings will leverage on its competitive advantage led by its industry leading position to develop two new world class projects mainly in Shanghai and Sanya as well as actively develop innovative marine cultural themed business model and increase proportion of 'light' asset in order to enhance asset structure and profitability. Going forward, I will continue to lead all the Haichang staff to build Haichang as China first marine themed cultural and leisure brand and international marine cultural leisure enterprise and continue to contribute to the tourism industry in China."

About Haichang Holdings Ltd.

Listed on the Main Board of The Stock Exchange of Hong Kong in March 2014, Haichang Holdings Ltd. is the largest developer and operator of theme parks and ancillary commercial properties in China. With over a decade of experience in animal breeding and conservation, marine theme park development and operation, the Company has consistently ranked as one of the top ten theme park operators worldwide for consecutive years. The Company's theme parks provide a one-stop leisure, dining and shopping experience to its customers through both the in-park offerings and complementary services offered by the ancillary commercial properties adjacent to the theme parks. The Company currently operates eight theme parks located in Dalian, Qingdao, Tianjin, Yantai, Wuhan, Chengdu and Chongqing respectively. Haichang Holdings has been included as a constituent of the Hang Seng Family of Indexes, and has been included by Morgan Stanley Capital International (MSCI) as a constituent of the MSCI Global Small Cap Indexes in 2H 2014, representing recognition from the international capital market.

China's theme park industry possesses enormous growth potential. For the twelve months ended 31 December 2014, the admission attendance of the eight theme parks of the Group increased by 10.6% to approximately 11,494,200 visitors. Haichang has had approximately 70 million visitors since 2002.

Released by Porda Havas International Finance Communications Group for and on behalf of Haichang Holdings Ltd., for further information, please contact: