BEIJING and LAS VEGAS, Sept. 10 /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, the Company, and its controlled subsidiary,
China Power, Inc. (together as 'The Company'), today announced that
its Inner Mongolia Ontniute Wind Energy Power Plants/Projects'
power capacity will be approximately 300 to 1000 mega watts,
combined with 6 to 20 wind energy plants each with 48.9 mega watts
of capacity. China Holdings, Inc. and its controlled subsidiary,
China Power, Inc., plan to complete its development (wind data
collection, technical assessments and government processing),
financing and construction, with the aim of being fully operational
by 2010-2011, approximately. With its power capacity ranging from
300 to 1000 mega watts (from 298.8 (6 x 48.9mw) to 996 mega watts
(20 x 48.9mw)), and with an annual average full load electricity
generation of approximately 2500 hours, the projects will be
constructed on a defined 200 square KM piece of land in Inner
Mongolia, PR China, as part of an initial development platform.
Under china renewable energy laws, these wind energy plants will be
operated under a 25 to 30 years operation/production license, plus
China's State-Grids will guarantee to purchase 100% of the
electricity power generated by the wind plants at a guaranteed
electricity price of 0.50 - 0.55 Yuan/Kwh, with annual increases of
5% as an approximate increase in line with inflation. The Company
is aiming to be one of the leading developers of high value wind
energy & clean energy properties in China or/and worldwide. The
Company has competently positioned itself to be one of the leading
wind & clean energy developers in China, with key strengths
that include: a). Being a pioneer developer in wind energy &
clean energy properties, as recent successes highlight, the company
has a clean energy power plants/pipeline with a power capacity up
to 550 - 1250 mega watts that are in development, pre-construction
and construction in China, including a combined 250 Mega Watts (5
Biomass Clean Energy Power Plants/Projects (5 x 50 MW)) and 300 to
1000 Mega Watt Wind Energy Power Plants/Projects (298.8 (6 x 48.9)
to 996 Mega Watts (20 x 48.9)); b). Through building high value
wind energy and clean energy power plants/projects with world class
quality, operation and maintenance levels; c) A comprehensive
master of the complexities and activities in the China wind energy
market & clean energy industry, including project development,
equipment supply and government policy; d). Firmly established
government relations at the local, provincial and national levels
and experience with the complex regulatory and approval process
that is essential to bring all the wind energy & clean energy
plants/projects through approvals to long and successful operation
& production in China; e). Extensive analysis and research
tracking capabilities of the clean energy industry in China; and
f). experienced managements in the development, structuring and
financing of large energy projects in China. At the forefront of
China's clean energy industry, the Company has enviable resources
and credentials as a successful clean energy developer. The value
inherent in the Company's unique position of clean energy power
plants/projects pipeline (total potential power capacity: 550 -
1250 mega watts) is truly extraordinary, and the progress the
Company has made through their initiatives for the coming years
signals the ability to capitalize on the underlying potential of
clean energy power plants & industry in China, or/and
worldwide. The breakthrough doubles the Company's commitment to
develop, construct and contribute to the clean energy industry in
China, or/and worldwide, including wind energy, biomass clean
energy and hydropower. The Company leverages deep China and wind
energy markets experiencing the world's largest and fastest power
demand growth. The Company provides a competitive opportunity with
the highest global standards, to its stockholders and investors who
wish to participate in one of the world's most dynamic and fastest
growing wind energy & clean energy industries in the world.
Wind Energy & Resources in China According to the China Academy
of Meteorological Sciences, China has abundant wind energy
resources (253GW onshore + 750GW offshore) and a wind energy market
with annual installations and growth rate on par with Europe and
the US in the coming years. The estimated economically viable
capacity for wind energy in Inner Mongolia is 101GW, accounting for
40% in China. Additionally, China has a large area of shallow sea
with huge wind energy resources along its eastern coastline. A
record 1.4GW of wind power capacity was installed in 2006, and 2+
GW was installed during 2007. China could achieve some 75GW of
installed wind capacity by 2020, given only a modest 10% CAGR for
annual installations beyond near term development activity. About
23 - 29% capacity factor, annual potential production of
electricity from wind power could be as great as 506 - 632 TWh,
approximately. About China Holdings, Inc. China Holdings, Inc.
(OTC:CHHL) (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, utilities, and finance.
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 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/ . For worldwide
investors and media inquiries, please contact: Julianna Lu/The CEO,
via email: or/and or tel: +86-1370-133-1287 (china worldwide
direct) 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:
and 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
China Holdings, Inc. (Las Vegas and Beijing), +86-1370-133-1287,
+86-10-6586-4770, or fax, +86-10-6586-4790, or and ; James H.
Simpson, Senior Vice President, Corporate Development/Investor
Relations, China Holdings, Inc. (Las Vegas and Beijing),
+86-1370-133-1287, or +86-10-6586-4770, or fax, +86-10-6586-4790,
or email, Web site: http://www.chinaholding.net/
http://www.chinahealthholding.com/
Copyright