China Holdings Announces the Potential Power & Resources of Its Inner Mongolia Ontniute Wind Energy Power Plants

Wednesday, September 10th 2008

China Holdings, Inc., 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.

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