- Current report filing (8-K)
November 28 2008 - 6:04AM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 20549
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
Date
of
Report (Date of earliest event reported): November 27,
2008
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CHINA
HOLDINGS, INC.
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(Exact
name of registrant as specified in its charter)
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Nevada
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(State
or Other Jurisdiction of
Incorporation)
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333-119034
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98-0432681
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(Commission
File Number)
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(IRS
Employer Identification No.)
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101
Convention Center Drive, Suite 700
Las
Vegas, Nevada
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89109
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(Address
of Principal Executive Offices)
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(Zip
Code)
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Julianna
Lu, BSc. MSc.
Chief
Executive Officer
101
Convention Center Drive, Suite 700, Las Vegas, NV
89109-2001
(Address
of principal executive offices) (Zip Code)
8E-C2,
Global Trade Mansion, No.9A, GuangHua Road, Chaovang District,
Beijing
PR China 100020
Issuer’s
telephone Number:
86-10-6586-4790
Mailing
Address
Suite
601 - 110 DaiYouBeiLi, HaiDian District, Beijing PR China
100091
Issuer’s
telephone Number:
86-10-6586-4790
Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
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o
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Written
communications pursuant to Rule 425 under the Securities Act (17
CFR
230.425)
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o
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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o
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR
240.14d-2(b))
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o
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR
240.13e-4(c))
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Item
1.01
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Entry
into a Material Definitive
Agreement.
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On
November 26, 2008,
China
Holdings, Inc. and its’ controlled subsidiary: China Power, Inc. ( together ( “
the Company”) have entered A Land Acquisition, Land Right&Ownership
Agreement (“ the Agreement”) with local government of Ontinute, Inner Mongolia,
P.R. China ( “ Ontniute”) to exclusively acquire a total of 400 Million Square
Meters of Industrial lands at a fixed price of 58,000 Yuan ( China Currency)
Per
Mu Lands ( 1 Mu = 667 Square Meters). The Agreement allows the Company to
acquire all or part of the of 400 Million Square Meters of Industrial lands
in
next four years exclusively. The Agreement also allows the Company to apply
for
partial
Lands
RE-ZONING
into
Residential
Lands or/and Commercial Lands
for
further Lands Development.
Under
the
“ Agreement”, China Power has the exclusive right with non-competition &
non-solicit protections
to
develop and
construct
ITS PR CHINESE GOVERNMENT AUTHORIZED INNER MONGOLIA ONTNIUTE WIND FARM POWER
PLANTS
(
Power Capacity 2000 MW Approximately (40 x 49.8 MW)) on this 400 Million Square
Meters of Industrial lands.
On
November 26, 2008
,
the
Board of Directors of both
China
Holdings, Inc. and its’ controlled subsidiary: China Power, Inc. have affirmed
its commitment to China Holdings, Inc.’s public stockholders
to
Issue A Total 4% Stocks Dividends of China Power, Inc. to All Stockholders
of
China Holdings, Inc.
China
Power’s 4% stocks dividends issurrance date will be the date when China Power,
Inc. file with
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION in 2009 as an IPO (“ Initial Public Offering”) legal
processing and IPO Prospectus.
The
Company will issue a public press release and file with SEC Form 8-K for China
Power’s 4% stocks dividends issurrance in 2009. The Company will speed up its
substantial financings development, and partnerships with global private equity
funds, and partnership with global major industrial partners, and structure
investments to optimize returns of the Company’s global investors, stockholders
and investments. The company has increased its commitment to develop and
maximize all the stockholders’ value on a long-terms basis.
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant
has
duly caused this report to be signed on its behalf by the undersigned thereunto
duly authorized.
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CHINA
HOLDINGS, INC.
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Date:
November 27, 2008
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By:
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/s/
julianna
lu
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Chief
Executive Officer
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Chairperson
of Board Directors
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China (CE) (USOTC:CHHL)
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