China Biopharmaceuticals Announces 2007 First Quarter Financial Results Conference Call

BEIJING, May 21 /Xinhua-PRNewswire-FirstCall/ -- China Biopharmaceuticals Holdings, Inc. (OTC Bulletin Board: CHBP), a leading pharmaceutical company focused on the development, manufacturing and marketing of innovative drugs in China, today announced that Mr. Chris Peng Mao, Chief Executive Officer and Ms. ZHANG Jian, Chairwoman of China Biopharmaceuticals, will host a conference call to discuss the Company's financial results for the first quarter of 2007.

The conference call will take place at 11:00 a.m. Eastern on Tuesday, May 22, 2007. Anyone interested in participating should call 1-800-690-3108 if calling within the United States or 1-973-935-8753 if calling internationally approximately 5 to 10 minutes prior to 11:00 a.m. Participants should ask for the China Biopharmaceuticals First Quarter Financial Results Conference Call. There will be a playback available until May 29, 2007. To listen to the playback, please call 1-877-519-4471 if calling within the United States or

1-973-341-3080 if calling internationally. Please use pass code 8816145 for replay.

This call is being webcast by ViaVid Broadcasting and can be accessed at http://www.cbioinc.com . The webcast may also be accessed at ViaVid's website at http://www.viavid.net . The webcast can be accessed for 90 days following the call on either site.

About China Biopharmaceuticals Holdings, Inc.

China Biopharmaceuticals Holdings, Inc (Symbol: CHBP) is a vertically integrated pharmaceutical company dedicated to the discovery, development, manufacturing and marketing of small and large molecule pharmaceutical products, including medicines, vaccines, and active pharmaceutical ingredients for various categories of diseases. CHBP's product portfolio includes 260 drugs already approved for manufacturing and marketing by the Chinese State Food and Drug Administration (SFDA). CHBP also has submitted 15 drug applications to the SFDA for its review during the calendar year of 2006. CHBP is a U.S.-listed public company with operating subsidiaries and senior management based in China. For further information, please visit our website at http://www.cbioinc.com .

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