Six Flags Entertainment Corporation, 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, andRiverside 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 inChina," 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.