BEIJING & LAS VEGAS - (Business Wire) China Holdings, Inc. (Pink Sheets:CHHL), an asset holding company engaged in land and real estate development in China, announced today a Legal Confirmation Letter to Shareholders, as follows: China Holdings, as the Master Developer and the Master Planner, controls 800 square kilometers of land in Inner Mongolia in China. The Company is developing the central 100 square kilometer land for its “China Vegas – The New World Resort City” in Inner Mongolia, China.
“China Vegas - The New World Resort City,” with a future population of 5 million residents when complete, will be built around a 500 hectare (1,235 acre) urban center that will contain a large destination resort complex comparable to Las Vegas in the United States. “China Vegas” is very close to the capital of China, Beijing (45 minutes by air, and 4-5 hours by train), and its population of 20 million. China Holdings is planning to break ground for “China Vegas - The New World Resort City” in 2010-2011. The City Center is expected to be in operation in 2014-2018 approximately.
“China Vegas - The New World Resort City” will incorporate:
- Commercial buildings, office buildings, residential development, shopping centers, casinos, golf courses, as well as horse racing facilities and recreation and entertainment facilities
- The entertainment destinations, including: five-star hotels, themed casinos, pedestrian skyways linking hotels to casinos, boutiques, restaurants
- Theatrical destinations, including: Broadway-style musical theater, Las Vegas-style floor shows, traditional Chinese theater, international and Chinese movie premieres
- The sports destinations, including: golf courses with a clubhouse and golf academy and bordered by 250m2 to 500m2 villas, exhibition hall, stadiums suitable for Olympic events, tennis courts, equestrian center, car and motorcycle racing, horse race track
Legal Confirmation: Julianna Lu, The CEO of China Holdings, Inc. (Resident in Beijing, recently visiting Vancouver), has never been served any of the law suits from the U.S. Securities and Exchange Commission as claimed in published reports.
Julianna Lu, The CEO of China Holdings, Inc. has apologized to the U.S. SEC for the minor errors made in the filings in the audit letters in the past due to communications & English languages issues, and promises the U.S. SEC full legal compliance of U.S. SEC rules fully in any of the Company's SEC filings.
Ms. Julianna Lu, the Founder & CEO & Major Shareholder of China Holdings, Inc., confirms that she will continue her honorable efforts & contribution to China Holdings, Inc./Public Shareholders as the Company is developing the central 100 square kilometer land for its “China Vegas – The New World Resort City” in Inner Mongolia, China.
About China Holdings, Inc.
China Holdings, Inc. (Pink Sheets: CHHL), an asset holding company, controls a total of 800 square kilometers of land in Inner Mongolia, China. The Company is engaged in land and real estate development, energy and renewable energy businesses in China. The Company, through its subsidiary, China Power, Inc., focuses on the mergers and acquisitions, investment, research and development, construction, and operation of energy, renewable energy and environmental protection projects, as well as developing renewable energy projects, pipelines in 2000 MW Wind Power Plants/Projects, 250 MW Biomass Renewable Energy Plants/Projects, and hydropower plants in China and worldwide.
New versions of the corporate websites www.chinaholding.net, www.chinaholding.us and www.chinapower.us will be publicly released soon.
Forward-Looking Statement
Statements made in this press release are forward looking, and are made pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995. Such statements involve risks and uncertainties that may cause actual results to differ materially from those set forth in these statements. The economic, competitive, governmental, technological and other factors identified in the Company's filings with the Securities and Exchange Commission, including the Form 10-K for the year ended December 31, 2008, may cause actual results or events to differ materially from those described in the forward-looking statements in this press release. China Holdings, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events or otherwise.
China Holdings, Inc.
Mr. Yu, Xiaofei
The President/Vice Chairman
or
Ms. Julianna Lu
The Founder & Chair
North America Tel or/and Text Message: 1-778-995-0789
Emails: juliajulia2009@live.ca julialu20088@live.ca
