LAS VEGAS and BEIJING, Jan. 2 /Xinhua-PRNewswire-FirstCall/ -- China Holdings, Inc. (OTC Bulletin Board: CHHL) (the "Company"), a global diversified assets holdings company, and its subsidiaries engage in multiple China-focused business activities including energy, renewable energy, resources, finance, real estate, utilities and pharmaceuticals, announced today the Company has appointed Mr. Charles Fu as its New President to support the Company's recent growth and expansion plans.
Mr. Charles Fu currently serves as the Vice Chairman and President of Golden Autumn Holdings, a U.S. publicly traded company. Mr. Fu has over 20 years' experience in foreign investment in China, corporate finance, Merger & Acquisition, and public offerings of China-related companies. Mr. Fu received his LL.B. from China's Northwestern Institute of Law & Political Science, his J.D. from the Southern Methodist University School of Law in Dallas, Texas, and his LL.M. from the University of Brussels, Belgium. Mr. Fu will lead, supervise and assist our international and China team to achieve the Company's growth and development plans. Mr. Fu was the Vice President & General Counsel -- Asia Pacific of Paul Broadhead, which was one of the top ten largest shopping mall developers in the U.S. Mr. Fu lived in Europe, and worked with Belgium-based international firms, and also did his in-service training with the Commission of European Communities in Brussels, Belgium.
China Holdings, Inc. is a development stage company with the goal of becoming a leading diversified global assets holdings company which is aiming to achieve further remarkable growth in resources, revenues and profits in the future. Mr. Fu's addition to the senior management will help the Company manage its growth and expansion plans.
About China Holdings, Inc.
China Holdings, Inc. is a development stage company with the goal of becoming a diversified global assets holdings company. The Company and its subsidiaries engage in multiple China-focused business activities including energy, renewable energy, resources, finance, real estate, utilities 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, and/or worldwide, and/or which derive a significant part of their revenue from China.
The Company has two controlled subsidiaries: (i) China Power, Inc., and (ii) China Health Holdings, Inc. For the Company's profile, please feel free to visit the website: http://www.chinaholding.net .
About China Power, Inc.
China Power Inc., a controlled subsidiary of China Holdings, Inc., is a development stage company with the goal of becoming a global leading energy & renewable energy holding corporation, that focuses on the Merger & Acquisition, investment, Research & Development, construction and operation of energy, and renewable energy, and environment protection projects in China and worldwide. The Company is developing and building up its Renewable Energy Projects & Pipeline in Biomass Energy Projects & Hydropower Plants to reach the Potential Power Capacity from 150 MW to 1600 MW in 2008 - 2013 via Merger & Acquisitions (M&A), Joint-Venture Partnerships with Biomass Projects & Hydropower Plants and companies, governments in China, and/or worldwide. The Company's Advanced Renewable Energy Strategy & Plan in Hydropower Plants and Biomass Energy Projects will enhance the technical, social, and environmental benefits of biomass energy and hydropower projects and provide investment and business activities in the cost-competitive biomass energy and hydropower capacity energy supply in China and worldwide, and also increase its worldwide shareholders values in the long term.
For worldwide investor and media inquiries, please contact:
China Holdings, Inc.
Las Vegas and Beijing
James H. Simpson, Senior Vice President /Investors Relations
And XiaoFei Yu, Corporate Communications
Tel: +86-10-6586-4770
Fax: +86-10-6586-4790
Mobile: +86-1370-133-1287 (China)
Email: lujulianna@yahoo.com or info@chinaholding.net
Web: http://www.chinaholding.net
Safe Harbor Statement: To the extent that statements in the press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, future milestones, plans, intentions, goals, future financial conditions, future collaboration agreements, 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. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made. 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; 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.
