BEIJING and LAS VEGAS, Sept. 27 /Xinhua-PRNewswire-FirstCall/ -- China Holdings, Inc. (OTC Bulletin Board: CHHL), a global diversified asset holdings company and its subsidiaries, headquartered in the U.S., engaged in multiple China-focused business activities including energy, clean energy, resources, and utilities, today announced the Company's 2008 Annual General Meeting (AGM) will hold at China World Hotel (The Shangri-La Hotel), Beijing, People's Republic of China on November 18th, 2009 as an adjusted AGM date.
All the Company‘s Stockholders are welcomed to attend the Company's 2008 Annual General Meeting (AGM) -- at China World Hotel (The Shangri-La Hotel), Beijing, People's Republic of China on November 18th, 2009 as adjusted. The Company's 2008 Annual General Meeting (AGM) Notice (including proxy materials/proxy statement, legally optional as currently Company's legal filings status) will be mailed to all the stockholders or/and available electronically to all stockholders via the company's web site http://www.chinaholding.net & http://www.chinapower.us on or prior October 7th, 2009.
China Holdings is executing on Clean Energy Power Plants strategy to build a great Company. Since late 2007, the Company's Board of Directors and management thoroughly examined the Company's position and re-direction to Clean Energy Power Plants development & construction and to improve the Company's position & performance. Since then the Company has made significant strides in executing on its Clean Energy Power Plants strategy, performing particularly well in the challenging circumstances of the past months. Our Board and management look forward to maximizing value for all stockholders. At this unique stage, where all eyes are focused on our company and our performance, we are strengthening our commitment to driving sustained, profitable growth for our stockholders on a long-term basis. The value inherent in the Company's unique position of Clean Energy Power Plants with a total of 2250 Mega Watts pipeline (including Wing Energy, Biomass Clean Energy & Hydropower ) is truly extraordinary, and the progress we've made on our initiatives for the coming years signals our ability to capitalize on the underlying potential of the Clean Energy Power Plants & Industry in China, or/and worldwide.
At the 2008 Annual General Meeting (AGM), Julianna Lu, CEO/Founder/Chairwoman of Board/Majority (51% +) Stockholder of the Company, and management, will discuss the following issues:
-- All the Company's Stockholders who hold 3 million common stocks
or more will be invited to the field trips on November 19th & 20th,
2009 (after AGM) to: 1) the Company's 2 Wind Energy Power Plants
(2 x (300-1000 Mega Watts)), or/and the Company's one of 5 Biomass
Clean Power Plant(s) (5 x 50 MW)'s Sites and meetings with P.R.
China Government Officials; 2) Beijing Trips: Great Wall, Forbidden
City, Tian-An-Men Square, Summer Palace.
-- Progress/Execution toward the Company's IPOs, on NASDAQ, AIM
(London Stock Exchange), and TSX (Toronto Stock Exchange, Canada), the
Company's further development to maximize the stockholders' values; To
gain substantial corporate financing to build its clean energy power
plants for China and global markets
-- Progress/Execution toward the Company's construction plan of building
its 2 Wind Energy Power Plants (600-2000 Mega Watts) = (2 x (300-1000
Mega Watts)) over the next 2-3 years and Progress on Corporate
Financing
-- Progress/Execution toward the Company's construction plan of
Building its 5 biomass clean power plants (250 MW) over the next
2 years and Progress on Corporate Financing
-- Progress/Execution toward the Company's goal of building its clean
energy power plants capacity to 3200 megawatts: Wind Energy Power
Plants, biomass clean power plants, as well as hydropower capacity
over the next five years
-- An update on the Company's Board of Directors, Management, and
Advisor Board with Global Reputation and Achievement．Stockholders'
Proxy Statement & Proxy Votes (legally optional as currently Company's
legal filings status); and Re-elect all of the Company's nominees of
the Board of Directors; and the proposal to establish a Board of
audited committee & a Board of compensation committee to strengthen
the corporate governance.
-- Stockholders who plan to attend the Company's 2008 AGM, please
kindly email or mail your detailed contacts information to the
Company for AGM registration before or on October 7th, 2009.
About China Holdings, Inc.
China Holdings, Inc. (OTC Bulletin Board: CHHL) is a diversified global assets holding company headquartered in the U.S. The Company and its subsidiaries engage in multiple China-focused business activities including clean energy, energy, resources, and utilities. The Company is developing its clean energy power plants in biomass clean energy, wind energy power plants & hydropower plants to reach a total potential power capacity of approximately 550 MW to 3200 MW in 2013. Its objective is to achieve long-term capital appreciation through investment in clean energy power plants and other entities with significant assets, investments, production activities, or other business interests in China or worldwide, and/or which derive a significant part of their revenue from China or worldwide.
The Company has three wholly-owned subsidiaries: (i) China Power, Inc.; (ii) China Minerals Holdings, Inc.; (iii) China Health Holdings, Inc.
For the Company's profile, please feel free to visit website: http://www.chinaholding.net/ http://www.chinapower.us
For worldwide investors and media inquiries, please contact:
Julianna Lu/The CEO
Tel: +86-1370-133-1287 (china worldwide direct)
Email: pr@chinapower.us, ir@chinapower.us
About China Power, Inc.
China Power Inc., a controlled subsidiary of China Holdings, Inc., is a global energy & clean energy holding company headquartered in the U.S. It focuses on Merger & Acquisition, Joint-Venture Partnership, Investment, Research & Development, Construction and Operation of energy, clean energy, and environment protection projects in China and worldwide. The Company is developing its clean energy power plants in biomass clean energy, wind energy power plants and hydropower plants to reach a total potential power capacity of approximately 550 MW to 3200 MW in 2013. The Company's advanced clean energy strategy & plan in biomass clean energy, wind energy power plants & hydropower plants will have technical, social, and environmental benefits and provide investment and business activities in the cost-competitive biomass clean energy, wind energy and hydropower capacity energy supply in China and worldwide, and also increase its worldwide Stockholders' values in the long term.
Forward-looking Statements
To the extent that statements in the press release are not strictly historical, including statements as to revenue projections, projections of results of specific activities or investments, business strategy, outlook, objectives, future milestones, plans, intentions, goals, future financial conditions, future collaboration agreements, economic performance and trends, the success of the Company's development, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward- looking, all forward-looking statements, whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements and any other cautionary statements, which may accompany the forward-looking statements, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The Company has no obligation to update these forward-looking statements. Other important factors that could cause actual results to differ materially include the following: business conditions and the amount of growth in the Company's industry and general economy; government policies, competitive factors; ability to attract and retain personnel; the price of the Company's stock; and the risk factors set forth from time to time in the Company's SEC reports, including but not limited to its annual report on Form 10-KSB; its quarterly reports on Forms 10-QSB; and any reports on Form 8-K. In addition, the Company disclaims any obligation to update or correct any forward-looking statements in all of the Company's press releases to reflect events or circumstances after the date hereof.
For worldwide investor and media inquiries, please contact:
China Holdings, Inc. (Las Vegas and Beijing)
Julianna Lu, Chief Executive Officer
Tel: +86-1370-133-1287; +86-10-6586-4770
Fax: +86-10-6586-4790
Email: pr@chinapower.us, ir@chinapower.us
Web: http://www.chinaholding.net/
http://www.chinapower.us
Wall Street Report (New York)
Mr. Jack Marks, Chief Executive Officer
Tel: +1-212-363-2600
Web: http://www.wallstreetreporter.com
China Holdings, Inc. (Las Vegas and Beijing)
James H. Simpson, Senior Vice President
Corporate Development/Investor Relations
Tel: +86-1370-133-1287; +86-10-6586-4770
Fax: +86-10-6586-4790
Email: J.Simpson@chinapower.us
