Xi'an Holiday Office reports $72.2 Million in revenue during the week.
DKDY reports 8.5% increase over last year during Spring Festival Week.
Dark Dynamite Inc.
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Our Review:
Well members the reports are in. E-Pang palace in the Xi'an tourism
area, including the Emperor Qin's Terracotta Museum and DaCiEn Temple
are reporting increases 8.5% over last year resulting in over $72 Million
in revenue during the week.
DKDY has made us some serious money over the last few months and things
held a steady base waiting for reports on the park success. I am sure this
counts as more than success.
Read the reports below and pick up DKDY first thing in the morning.
The News:
DKDY Reports Increase of 8.5% on Number of Tourists During the Golden
Week Holiday, Indicating an Improved Tourism Year
XI'AN, China, March 7 /Xinhua-PRNewswire/ Dark Dynamite Inc.
(OTC Bulletin Board: DKDY)(''DKDY'') announced today that the E-Pang
Palace Theme Park (the ''Theme Park'') has greatly benefited from the
booming Xi'an Spring Festival tourism market, receiving almost 10,000
tourists during the Spring Festival period, an increase of 8.5% over
the same period of 2005. The prosperous Spring Festival tourism market
also indicates an improved trend of the Xi'an tourism market in 2006.
According to the latest statistics from the Xi'an Holiday Office, Xi'an
received 1.2 million tourists during the Golden Tourism Week of the
Spring Festival vacation from January 29 to February 4, and created a
total revenue of RMB 585 million (equal to US$72.2 million), an increase
of 8.9% compared with that of the previous year. The historical scenic
spots in Xi'an were highly welcomed during the golden week. For instance,
Emperor Qin's Terracotta Museum and DaCiEn Temple received 33,435 and
18,163 tourists, an increase of 3.41% and 5.5% respectively over the same
period of 2005.
The booming Spring Festival tourism market indicates an encouraging trend
for the Xi'an tourism market in 2006. DKDY scheduled the Qin Dynasty
Cultural Dinner Show program in September 2006, right before the Chinese
National Day holiday, the third golden tourism week in China. With
reference to the booming tourism market during the Golden Tourism Week of
the Spring Festival, the management of DKDY believes the Dinner Show will
attract many more visitors to the Theme Park.
''Spring Festival is the most important traditional holiday for the Chinese
people. People used to stay at home, meet friends and families during the
vacation, but in the recent years, more and more people select traveling
with friends or families during such long vacations. The new trend indicates
that there will be more and more Chinese people travelling during national
vacations,'' commented by Mr. Lei Ming, Chairman and President of Dark
Dynamite Inc., ''The booming Xi'an Spring Festival tourism market is a good
sign for us. We just experienced an increase of 8.5% in the number of
tourists visiting us during the Golden Tourism Week. We believe our Theme
Park will attract more tourists in the coming Golden Tourism Weeks in May
and October, especially the long vacation during National Day, with the
launch of the Dinner Show.''
About Dark Dynamite Inc.
Dark Dynamite Inc. (''DKDY'') contracts and operates the Theme Park of Qin
E-Pang Palace (''the Theme Park'') through its wholly owned subsidiary in
China, Shannxi Kaida Tourism Co., Ltd., a professional tourism consultancy
and management firm. The Theme Park was built up on the ruin of the historical
Qin E-Pang Palace in year 2000, imitating the architectural style of the Qin
E-Pang Palace, the most prestigious and largest palace built in Qin dynasty
over 2,200 years ago. The architecture of the Theme Park principally composes
of two parts, the E-Pang Palace and Six-state Palace, owning a total area of
667,000 square meters and a total building area of 64,300 square meters. The
Theme Park is not only an unparalleled scenic spot for recalling Qin dynasty
culture for tourism in China, but also a multi-function leisure and
entertainment center. The business divisions of the Theme Park include E-Pang
Palace scenic spot, Six-state Palace Hot-spring escort and Film & TV base.
Since commencing operations from 2000, the Theme Park has received 100,000
to 200,000 tourists annually.
Received on Fri Mar 10 2006 - 04:38:19 EST
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