China Holdings Announces 2008 Annual General Meeting (AGM) Stockholders' Notice (Proxy Materials) Date and Advanced Agenda
August 15 2008 - 11:18AM
PR Newswire (US)
BEIJING and LAS VEGAS, Aug. 15 /Xinhua-PRNewswire-FirstCall/ --
China Holdings, Inc. (OTC:CHHL) (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,
utilities, and finance, today announced the Company will issue A
Public Notice of 2008 Annual General Meeting (AGM), including the
company's proxy materials to all stockholders, on or prior October
29, 2008. The Company's 2008 AGM will hold at China World Hotel
(The Shangri-La Hotel), Beijing, People's Republic of China on
December 8th, 2008. The Company's 2008 Annual General Meeting (AGM)
Notice (including proxy materials to all stockholders) will be
mailed to all major stockholders and also available electronically
to all stockholders and minority stockholders via the company's web
site http://www.chinaholding.net/ on or prior October 29, 2008.
China Holdings is executing on Clean Energy Power Plants strategy
to build a great Company. Since later 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 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. At the 2008 Annual General Meeting (AGM), Julianna Lu,
CEO/Founder/Chairwoman of Board/Majority Stockholder (51%+) of the
Company, and management, will discuss the following issues: --
Stockholders' Proxy Statement & Proxy Votes; 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. --
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 IPOs, on NASDAQ, AIM (London Stock Exchange), and TSX
(Toronto Stock Exchange, Canada), the Company's further efforts and
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 goal of building its biomass clean energy power
plants capacity to 1,600 megawatts, as well as hydropower capacity
to 1,600 megawatts over the next five years -- An update on the
Company's Board of Directors, Management, and Advisor Board with
Global Reputation and Achievement -- All the 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 December 8th, 2008. -- All the Company's
Stockholders who hold 5 million common stocks or more will be
invited to the field trips after AGM on December 9th & 10th,
2008: 1) the Company's 1 to 2 Biomass Clean Power Plant(s) (2 x 50
MW) Sites and meetings with local P.R. China Government Officials;
2) Beijing Trips: Great Wall, Forbidden City, Tian-An-Men Square,
Summer Palace. -- 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 29/30, 2008. About China Holdings, Inc. China Holdings,
Inc. (NASD 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 energy, clean energy, resources, utilities, and finance.
The Company is developing its Clean Energy Power Plants in Biomass
Clean Energy Power Plants & Hydropower Plants to reach the
Total Potential Power Capacity from 250 MW to 3200 MW in 2013 Year.
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 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/ . 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 Plants and Hydropower Plants
to reach the Total Potential Power Capacity 3200 MW by the year
2013. The Company's Advanced Clean Energy Strategy & Plan in
Hydropower Plants and Biomass Clean Energy Power Plants will have
technical, social, and environmental benefits 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 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: ; Web: http://www.chinaholding.net/ 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:
DATASOURCE: China Holdings, Inc. CONTACT: Julianna Lu, Chief
Executive Officer at +86-1370-133-1287, +86- 10-6586-4770, or ; Or
James H. Simpson, Senior Vice President at +86-1370-133-1287,
+86-10-6586-4770 or both for China Holdings Web site:
http://www.chinaholding.net/
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