BEIJING and LAS VEGAS, March 10 /Xinhua-PRNewswire-FirstCall/ -- China Holdings, Inc. (OTC Bulletin Board: CHHL), a global diversified asset holdings company, and its subsidiaries that engage in multiple China-focused business activities including energy, renewable energy, resources, utilities, finance, real estate, and pharmaceuticals, announced today the Company has executed its 4th development contract with the exclusive right to develop and construct a Biomass Energy Power Generation Plant with a power capacity of 50 MW through its controlled subsidiary "China Power, Inc." with the local Ongniute Government (“Ongniute”) , Inner Mongolia Province, People’s Republic of China.
The breakthrough brings the Company’s total potential power capacity to 270 MW in Alternative Energy Power Generation Plant/Projects ( Biomass Energy Projects 200MW ( 4 X 50MW) and Hydropower Projects 54 MW - 72 MW).
The Company is establishing longstanding strategic relationships with other power operators, financial sponsors, suppliers, subcontractors and governmental representatives that will ensure the Company’s successful development of renewable power generating facilities.
The Company’s objective is to achieve long-term capital appreciation through investment in companies and other entities with significant assets, investments, production activities, trading or other business interests in China, or/and worldwide, or/and which derive a significant part of their revenue from China, or/and worldwide. For the Company’s profile, please feel free to visit our website: http://www.chinaholding.net .
About China Holdings, Inc.
China Holdings, Inc. (NASD OTC Bulletin Board: CHHL), is a diversified global assets holding company. The Company and its subsidiaries engage in multiple China-focused business activities including energy, renewable energy, resources, utilities, finance, real estate and pharmaceuticals. Its objective is to achieve long-term capital appreciation through investment in companies and other entities with significant assets, investments, production activities, trading or other business interests in China, or/and worldwide, or/and which derive a significant part of their revenue from China, or/and worldwide.
The Company has three wholly-owned subsidiaries: (i) China Power, Inc., and (ii) China Minerals Holdings, Inc.; (iii) China Health Holdings, Inc.
For the Company’s profile, please feel free to via website: http://www.chinaholding.net .
About China Power, Inc.
About Biomass Renewable Energy in China
For worldwide investor and media inquiries, please contact:
China Holdings Inc. (Las Vegas and Beijing)
Julianna Lu, Chief Executive Officer, and James H. Simpson, SVP/IR
Tel: + 86-1370-133-1287; Tel: +86-10-6586-4770; Fax: +86-10-6586-4790;
Email: info@chinaholding.net; lujulianna@yahoo.com
Web: http://www.chinaholding.net
Forward-Looking Statements