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Other highlights of the interview include: -- The competitive outlook for non-coal technologies in feeding China's hunger for energy. "It's a new market," Ms. Lu explains. "We will be focusing on the biomass and alternative energy investments." -- Plans for an IPO for China Holdings' power subsidiary in the next six months, as well as the likelihood that the unit will turn profitable within the next year as revenue surges from zero to a targeted $170 million "just from biomass and hydro." -- The company's extensive interests in vanadium, molybdenum, and uranium assets in the context of its overall energy strategy. -- Management's ongoing exploration of additional investment opportunities in the metals and power industries. A hydroelectric deal, in particular, could be finalized "at any time."
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About
The Company has three wholly- owned subsidiaries: (i)
About
For worldwide investor and media inquiries, please contact: Wall Street Reporter Magazine (New York) Jack Marks, CEO & Publisher (212) 363-2600, ext. 260 http://www.WallStreetReporter.com China Holdings Inc. (Las Vegas and Beijing) Julianna Lu, Chief Executive Officer +86-10-6586-4770 http://www.chinaholding.net info@chinaholding.net lujulianna@yahoo.com
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.
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