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NEWS: Six Flags-branded parks to be built in China


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http://investors.sixflags.com/phoenix.zhtml?c=61629&p=irol-newsArticle&ID=1941744&highlight=

 

Six Flags Entertainment Corporation (NYSE:SIX), the world's largest regional theme park company, and Riverside Investment Group Co. Ltd., a leading real estate developer in China, announced today a new strategic partnership to build multiple Six Flags-branded theme parks in China over the next decade.

 

"Our international expansion strategy is focused on finding the right partners in the right markets, and Riverside Investment Group will be the perfect strategic partner for us in China," said Jim Reid-Anderson, Chairman, President and CEO of Six Flags Entertainment. "We are honored to be working with this world-class organization as we continue taking the Six Flags brand to growing markets outside North America."

 

"We are honored to enter this strategic relationship with Six Flags and expand the entertainment offerings in China," said Chairman Li of Riverside Investment Group. "We are confident this world-class brand and unique form of entertainment will attract millions of guests to our parks."

 

Terms of the arrangement were not disclosed.

 

About Six Flags Entertainment Corporation

 

Six Flags Entertainment Corporation is the world's largest regional theme park company with $1.1 billion in revenue and 18 parks across the United States, Mexico and Canada. For 53 years, Six Flags has entertained millions of families with world-class coasters, themed rides, thrilling water parks and unique attractions including up-close animal encounters, Fright Fest® and Holiday in the Park®. For more information, visit http://www.sixflags.com.

 

About Riverside Investment Group Co. Ltd.

 

Riverside Investment Group Co. Ltd. was registered in Canada in 1997. With China's fast-developing cultural and tourism industries and urbanization process, Riverside Group has become a leading real estate developer, focusing on overall health care, tourism, culture, entertainment industries and high-end residential buildings. It is also an investor, constructor and operator of middle and high-end communities, participating in the whole industrial chain from planning and design to construction, business attraction and operation.

 

Riverside Group's projects are twice the recipient of the UN International Garden Community Gold Award, best represented by its world-class R&D, the pursuit of perfection, the respect to culture and the inheritance of civilization, all of which make it the leader in China's real estate industry. For more information, visit http://www.lvcgroup.com.

Edited by jedimaster1227
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Doesn't Six Flags remember what happened the last time they tried to leave this continent? Long story short, it didn't work out well. At all.

 

 

Except I'd be willing to be that these will be SFINO (Six Flags in Name Only) and be more/less franchises of Six Flags parks than Six Flags parks.

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Exactly. Last time involved Six Flags purchasing and operating parks outside the U.S. This more likely will only involve Six Flags licensing it's brand and trademarks. So they'll be making money rather than spending any.

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I think that this may be a good thing for the future of the chain. China has a huge population to pull from, and Asian theme parks seem to do really well. This may also help SF get out of debt and have a higher satisfaction rating.

 

Plus for once, Six Flags will have a higher quality park than the ones around it. No spinning, rusty wild mice of death.

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The first park will be located just south of Shanghai, and is expected to open in 2019.

 

https://content.sixflags.com/haiyan

 

 

January 4, 2016

Ground Breaking Ceremony

 

Ground was officially broken today on the 30 billion yuan (USD $4.6 billion) real estate development that is to include the first Six Flags park in China, Six Flags Haiyan.

 

The resort that includes Six Flags Haiyan was the biggest of 11 major projects that broke ground in Zhejiang projects, and because of its unique nature as the only large-scale integration cultural tourism project garnered a significant amount of attention. It is expected to create over 100,000 jobs and attract over 12 million visitors per year.

 

The first piece of the development will be the new 234 million yuan (USD $36 million) exhibition center which will cover over 3800 acres and is scheduled for completion by the end of 2016. The Six Flags theme park is expected to open in 2019.

 

 

sf-china-logo-1.png.cde735841047b475e325e755157d85da.png

 

About the park

 

The first Six Flags theme park in China will be located in Haiyan in Zhejiang province and will feature a number of record-breaking roller coasters, unique thrill experiences, incredible live shows and more. Specific attractions have not yet been announced, but more information will be provided here as soon as it is available.

 

Location of the Park

 

Six Flags will be located in Haiyan, right on the coast of Hangzhou Bay. The park is approximately 45 miles from downtown Shanghai. You can adjust the map below to view different perspectives of the park’s location.

 

sfhaiyan.png.1cdba79160f647fd4243ef46db77a33b.png

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This will be very interesting to see how Six Flags approaches this project. They haven't built a new park in a very long time, and building what is simply a new version of their existing foundation that they have in their US parks (lots of coasters and flat rides, little theming and a few shows) may not resonate with the Chinese people in the way it does with guests in North America and Mexico. Disney has worked tirelessly to design Shanghai Disneyland with a "distinctly Chinese" feel... I'd be very curious to see if Six Flags cares to go to that effort to do the same.

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I cringe at the thought of a six flags park filled with Chinese knockoff rides...

 

Yes, a Golden Horse SLC version of Batman would be truly terrifying.

 

The renders show what looks like a B&M inverted dive machine, but what if that's really a Golden Horse creation?

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Since this is a wholly independent entity paying a license fee and the difficulties involved with information transfer, I would guess not re: use of Six Flags season passes from the US there. But that assumes these ever actually open.

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We have another Six Flags now announced for Chongqing.

Below is a Google translation of one of the articles that appeared today.

http://news.eastday.com/eastday/13news/auto/news/china/20160721/u7ai5855938.html

 

Six Flags Great America theme park in Chongqing

 

The world's largest regional theme park operator - Six Flags Great America amusement park group together text Landscape Group and Bishan District Government signed a cooperation agreement to build "landscape theme Chongqing town - Six Flags theme park." Mayor Huang Qifan, vice mayor Chen Lvping, Chairman of the Group of Six Flags and Global CEO John Dunphy, President of the landscape Wenyuan Li Zhe Group Board of Directors attended the signing event.

 

Six Flags Great America theme park was founded in 1961, is the world's high-altitude park and large entertainment brand first, and Disneyland, Universal Studios theme park said the world's three super brand. "Chongqing Landscape theme town - Six Flags theme park," a total investment of 30 billion yuan, will be China's first international theme park in western Asia and open the first Six Flags park. Six Flags theme park to the project as the core, with the development of cultural and leisure experience, mainly includes the Six Flags theme park (on the water rides), recreation, health, health, resort-style shopping experience and other sectors, will be a water park before the end of June 2019 opened its doors.

 

Huang Qifan said that Chongqing is developing the western region important strategic fulcrum, in the "area all the way" and the connection point on the Yangtze River economic belt, has a unique and important role in national and regional development pattern of opening up, improve the urban infrastructure, large urban functions, gathering strong radiation, blessed with natural beauty, history and culture, urban landscape tourism resources, tourism in recent years to maintain a rapid development momentum. Six Flags park is the international tourism industry's leading brand, with its unique concept and philosophy conquered many casual consumers, won a good effect on the market. "Chongqing Landscape theme town - Six Flags theme park" to make up for lack of Chongqing high-end tourism projects short board, and Chongqing complement existing tourism resources, will greatly enrich the Tour format to meet the growing public demand for leisure and tourism, for promoting Chongqing the new dynamic development of tourism.

 

John Dunphy said many Chongqing population, rapid economic growth, rising per capita disposable income, increasing demand for entertainment consumption. Six Flags Group will build a world-class theme park in Chongqing, for consumers lifetime experience.

 

Li Zhe said, "Chongqing landscape theme town - Six Flags theme park" in western China to fill the gaps in world-class theme park, hope that all parties work together to ensure timely completion of the project opened. (End) Reporter Yu Suppliers

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2 posts too late there gerstlaueringvar

 

On another note this puts the park in direct competition with Happy Valley Chongqing which has a GCI Woodie and B&M wing Coaster heading its way. Could be a good line up all of a sudden in a city thats had little of not for enthusiasts before.

 

They also announced a park in Wuqing near Tianjin a little while ago. But that seems to have all gone quiet.

http://jinduhuayuanwq.fang.com/bbs/1110735487~-1/182021183_182021183.htm

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