- CEO
- Guowei Jiang
- Full Time Employees
- 143
- Sector
- Consumer services
- Industry
- Hotels/Resorts/Cruise lines
- Address
- Gudou Hot Spring Resort Jiangmen GD China
- IPO Date
- Dec 9, 2016
- Business
- Gudou Holdings Limited (8308.HK) is an investment holding company principally engaged in hot spring tourism, leisure, health and wellness, and tourism property development in the People's Republic of China. The company operates and manages Gudou Hot Spring Resort, a national AAAA-rated tourist attraction in Jiangmen, Guangdong Province, covering nearly 650,000 sq.m. with hot spring facilities; six themed hotels including Royal Spa Hotel, Hot Spring Villa Hotel, Mountain Seaview Hotel, Joyful Hotel, Gudou Lakeview Tulip Inn Hotel and Yuequan Huju Hotel; recreational attractions such as the Natural Spring Waterpark with water slides, artificial wave generators and paddle boats; a spa centre, conference centre, parks, tourist attractions, commercial stores, food and beverage outlets; and entertainment businesses. It also develops and sells tourism properties such as villas (including South Asia Style Villa and Baden Town Villa), apartments (including Mountain and Sea Holiday Apartment, Lehuo City Apartment and Quanxin Health Apartment), studio flats, commercial units and carpark spaces within the resort; provides consultancy and management services to third-party leisure hotels, resorts and hot spring operators; and offers property management services. Founded in 2003 and headquartered at Gudou Hot Spring Resort in Yamen Town, Xinhui District, Jiangmen, Guangdong Province, the company, incorporated in the Cayman Islands in 2014 and listed on the Hong Kong GEM in 2016, previously known as Gudou International Holdings Limited until its name change in October 2015, operates primarily in Guangdong Province targeting leisure travelers, property buyers and corporate clients. Recent developments include the court-ordered discharge of its joint operation with Guangdong Aoyuan Company Limited effective May 19, 2023, following disputes over funding and accounting, resulting in Gudou assuming sole control of remaining unsold properties valued at RMB64.1 million, recognition of a RMB15 million loan from the joint operator upheld by court ruling in May 2024, and a RMB10 million penalty awarded against Aoyuan in April 2024; entry into new bank facilities totaling RMB230 million in March 2024 and RMB50 million in December 2024 to bolster liquidity amid ongoing property sales and hotel recovery; and a RMB65 million acquisition of a 51% interest in a Yangjiang City property project to expand its brand.