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China Biopharmaceuticals Holdings Announces Second Quarter 2007 Financial Results
Date:8/19/2007

, net of tax -- (53,717)

------------ ------------

NET (LOSS) INCOME (29,289) 390,600

OTHER COMPREHENSIVE

INCOME:

Foreign currency

translation adjustment 319,364 394,168

------------ ------------

COMPREHENSIVE (LOSS)

INCOME $ 290,075 $ 784,768

============ ============

INCOME (LOSS) PER

SHARE OF COMMON STOCK

BASIC

CONTINUING

OPERATIONS $ (0.001) $ 0.013

DISCONTINUED

OPERATIONS -- (0.002)

------------ ------------

Total-Basic $ (0.001) $ 0.011

============ ============

DILUTED

CONTINUING

OPERATIONS $ (0.001) $ 0.013

DISCONTINUED

OPERATIONS -- (0.002)

------------ ------------

Total-diluted $ (0.001) $ 0.011

============ ============

WEIGHTED AVERAGED NUMBER

OF SHARES OUTSTANDING

- BASIC 36,402,125 33,662,770

============ ============

WEIGHTED AVERAGED NUMBER

OF SHARES OUTSTANDING

- DILUTED 36,819,625 34,592,770

============ ============

For more information, please contact:

HCI Emerging Growth

Alan Sheinwald, Partner

Tel: +1-914-669-02
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SOURCE China Biopharmaceuticals Holdings, Inc.

Copyright©2007 PR Newswire.

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