BOCA RATON, Fla., Aug. 1 /PRNewswire-FirstCall/ -- China Direct, Inc. (OTC BB: CHND), a company maintaining active, majority stakes in a diversified portfolio of Chinese companies as well as offering consulting services for both private and publicly traded Chinese entities, announced today that David Stein, Chief Operating Officer of China Direct, will host a conference call to discuss the Company's financial results for the second quarter ended June 30, 2007. The company's 10Q for the second quarter ended June 30, 2007 will be filed with the Securities and Exchange Commission after the close on Wednesday, August 8, 2007. The conference call will take place at 4:30 p.m. EDT on Wednesday, August 8, 2007. Anyone interested in participating should call 1-800-936-9754 if calling within the United States or 1-973-935-2048 if calling internationally approximately 5 to 10 minutes prior to 4:30 p.m. Participants should ask for the China Direct 2007 Second Quarter Financial Results conference call. There will be a playback available until August 15, 2007. To listen to the playback, please call 1-877-519-4471 if calling within the United States or 1-973-341-3080 if calling internationally. Please use the pass code 9081157 for replay. This call is being webcast by ViaVid Broadcasting and can be accessed at China Direct's website at http://www.cdii.net/. The webcast may also be accessed at ViaVid's website at http://www.viavid.net/. The webcast can be accessed through August 31, 2007 on either site. To access the webcast, you will need to have the Windows Media Player on your desktop. For the free download of the Media Player, please visit: http://www.microsoft.com/windows/windowsmedia/en/download/default.asp About China Direct, Inc. China Direct, Inc. (OTC:CHND) (BULLETIN BOARD: CHND) maintains active, majority stakes in a diversified portfolio of Chinese companies as well as offering consulting services for both private and publicly traded Chinese entities. China Direct provides a platform to develop and nurture these entities as they expand their businesses globally. As your direct link to China, our Company serves as a vehicle to allow investors to directly participate in the rapid growth of the Chinese economy in a diversified and balanced way. For more information about China Direct, please visit http://www.cdii.net/. DATASOURCE: China Direct, Inc. CONTACT: Investor Relations, Alan Sheinwald, Partner, HC International, Inc., +1-914-669-0222, ; or Richard Galterio, Executive Vice President, China Direct, Inc., +1-877-China-57, Web site: http://www.cdii.net/ http://www.viavid.net/

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