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China Health Resource, Inc. Defers Implementation of Reverse Stock Split in Light of Continuing Market Volatility
Date:4/9/2009

SUINING CITY, Sichuan Province, P.R. China, April 9, /PRNewswire-FirstCall/ -- China Health Resource, Inc. (OTC Bulletin Board: CHRI), a Delaware corporation, announced today that its Board of Directors (the "Board") has decided to defer immediate implementation of a reverse stock split of the Company's Class A common stock at this time in light of the continuing volatility in the global capital markets. The Board considers that the current market instability would undermine the purpose and intent of the action. The Company and the Board will continue to monitor and analyze market conditions, as well as other strategic opportunities that may become available to the Company in order to achieve its financial objectives and to increase shareholder value. The Board has reserved the discretion to implement the reverse stock split at a future date or not at all.

On February 17, 2009, in accordance with Delaware corporate law, the holders of a majority of the outstanding shares of our common stock executed a written consent approving a number of proposals, including the reverse stock split, which consent became effective on April 4, 2009. An Information Statement, dated March 12, 2009 was filed with the SEC and provided to shareholders describing the various proposals subject to the stockholder consent. These proposals included (i) election of members of the Board of Directors; (ii) ratification of the Company's auditors for fiscal year 2009; (iii) certain amendments to the Company's Certification of Incorporation to, among other things, reduce the par value of the Class A common stock, eliminate the Class B common stock, and provide for blank check preferred stock; and (iv) adoption of a stock option incentive plan for directors, officers, employees and consultants of the Company. The amendments to the Company's Certification of Incorporation will become effective upon the applicable filing with the Secretary of the State of Delaware. A copy
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SOURCE China Health Resource, Inc.
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