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China Healthcare Acquisition Corp Signs Definitive Agreement to Acquire Europe Asia Huadu Environment Holding Pte, Ltd.
Date:8/6/2008

PASADENA, Calif., Aug. 6 /PRNewswire-FirstCall/ -- China Healthcare Acquisition Corp (Amex: CHM, CHMU, CHMW) ("CHM") and Europe Asia Huadu Environment Holding Pte, Ltd. ("EAHE") announced today that CHM and the owner of EAHE signed a definitive acquisition agreement for CHM to acquire EAHE in exchange for CHM common stock. Through its subsidiaries in the People's Republic of China ("China"), Europe-Asia Huadu (Yixing) Environment Protection Co., Ltd and Yixing Europe-Asia Huadu Environment Engineering Co. Ltd., EAHE manufactures water treatment equipment and provides construction and engineering services for water treatment projects in China. The transaction will provide EAHE with access to additional capital for expansion of its water treatment business. EAHE is a privately held Singapore company.

Following the consummation of the acquisition Madame Wang Lahua, the current Executive Director of EAHE, will be our Executive Chairman and CHM will change its name to Global Huadu Environment Holdings, Inc. Madame Wang indirectly owns 100% of EAHE. Madam Wang Lahua is also the Deputy Director of Water Pollution Control Committee of China Environmental Protection Industry Association and an Environmental Engineering adjunct professor of Tsinghua University and Huangshi College.

About EAHE

EAHE, through its subsidiaries, has been engaged in the manufacture of environmental protection equipment and in the water treatment industry in China for over 20 years and has developed extensive management experience in the water treatment industry. EAHE received a Certificate of Approval for the establishment of enterprises with foreign investment in the People's Republic of China in 2004.

Based on the consolidated financial state
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SOURCE China Healthcare Acquisition Corp
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