1.  Size:  1240 tons-per-day
2.  Annual waste disposed:  409,200 tons
3.  Construction period:  24 months
4.  Operating period:  30 years
5.  Power Capacity:  50 MW x 5 = 250 MW
6.  Annual electricity produced: 411,050,000 kW-hrs
7.  Annual electricity sold:  361,680,000 kW-hrs
8.  Total Project Investment:  610,790,000 RMB
9.  Electricity sell Price:  0.61 RMB/kW-hr
10. Fuel Delivery Price:  150-300 RMB per ton

The Company’s Total 5 Biomass Waste To Energy Plants (250MW) in China:
Begin operation and production in 2010, Expect:

* Annual electricity produce:  2055,250,000 kW-hrs
* Annual electricity sold:  1808,400,000 Kw-hrs
* Electricity sells Price:  0.61 RMB/kW-hr
* Total Investment (35% cash + 65% bank loan): 3053,950,000 RMB
* Total Power Capacity:  250 MW

The Company is developing its Renewable Energy Projects & Pipeline in
Biomass Energy Power Generation Plants & Hydropower Plants in hopes of
reaching a total Potential Power Capacity of 3200 MW by the year 2013 via
Merger & Acquisitions (M&A;), Joint-Venture Partnerships with Biomass Energy
Plants/Projects & Hydropower Plants and companies, governments in China,
or/and worldwide. The Company’s Advanced Renewable Energy Strategy & Plan
in Hydropower Plants and Biomass Energy Power Generation Plants will have
technical, social, and environmental benefits and provide investment and
business opportunities in the cost-competitive Biomass Energy/hydropower
capacity energy supply in China as well as around the world, which will
increase the Company’s worldwide shareholders’ value in the long term.

The Company’s 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/and worldwide, or/and which derive a significant part of their
revenue from China, or/and worldwide. For the Company’s profile, please
feel free to visit our website: http://www.chinaholding.net .

About China Holdings, Inc.

China Holdings, Inc. (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, renewable energy, resources, utilities, finance, real estate 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, or/and worldwide, or/and which derive a significant part of their
revenue from China, or/and 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 via website: http://www.chinaholding.net .

About China Power, Inc.

China Power Inc., a wholly owned subsidiary of China Holdings, Inc., is
a global energy & renewable energy holding company headquartered in the
U.S. It focuses on Merger & Acquisition, Joint-Venture Partnership,
Investment, Research & Development, Construction and Operation of energy,
renewable energy, and environment protection projects in China and
worldwide. The Company is developing its Renewable Energy Projects &
Pipeline in Biomass Energy Projects & Hydropower Plants to reach the Total
Potential Power Capacity 3200 MW by the year 2013. The Company’s Advanced
Renewable Energy Strategy & Plan in Hydropower Plants and Biomass Energy
Projects 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 shareholders’ values in the long term.

Biomass Waste as a Clean Renewable Energy

Straw is the main by-product from the harvesting of agricultural crop.
In the past, straw, bush and quitch was used as a household cooking fuel.
However, in recent years, as China’s agricultural economy has developed and
farmers’ incomes have increased, the usage of straw, bush and quitch has
decreased sharply. Farmers now prefer to use fuels, such as coal and gas,
which are easier to use, have higher energy content, and require less space
for storage. An increasing amount of straw, bush and quitch is now burnt in
the open in many regions in China. The burnt portion can be as much as 80%
of the straw, bush and quitch produced and causes serious environmental
problems. Instead of open burning, straw, bush and quitch can be used to
generate electricity in an environmentally friendly manner. By 2010, China
will have between 350 million tons to 370 million tons of unused straw. If
this huge amount of straw is used for power generation, it would represent
an additional 450 billion KwH of electricity. Biomass waste to energy is
therefore a very sustainable and environmentally friendly potential energy
source in China. Smoke emissions from agriculture waste open-burning and
forest fires badly affect air quality. Collecting agriculture from farmers
can avoid biomass burning in site, which caused not only smoke and
pollutants but also risk highway transportation and air transit. Removing
forestry waste like accumulated dead wood and bush, dry quitch, foliage and
grass from forested areas can reduce forest fire risk. The biomass waste to
energy plant will offer a rewarding application with effective and clean
combustion compared to straw open-burning in site or forest fire, and will
significantly reduce and eliminate smoke emitted from open burning in site
and forest fires.

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; http://www.chinaholdings.org

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.

SOURCE China Holdings, Inc.

China Holdings Announces 2008 Annual General Meeting (AGM) Stockholders’ Notice (Proxy Materials) Date and Advanced Agenda



BEIJING and LAS VEGAS, Aug. 15 /Xinhua-PRNewswire-FirstCall/—China
Holdings, Inc. (OTC 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:

SOURCE China Holdings, Inc.