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China Pharma Holdings, Inc. Reports Record 2008 Year End Financial Results and Corporate Updates
Date:3/17/2009

,705,456) Net Cash from Financing Activities 8,881,132 (203,021) Effect of Exchange Rate Changes on Cash 113,671 54,468 Net Change in Cash 5,096,814 1,173,894 Cash and Cash Equivalents at Beginning of Period 1,830,335 656,441 Cash and Cash Equivalents at End of Period $6,927,149 $1,830,335

Safe Harbor Statement: Certain statements in this press release and oral statements made by China Pharma on its conference call in relation to this release constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Any statements set forth above that are not historical facts are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, which may include, but are not limited to, such factors as unanticipated changes in product demand, increased competition, failure to obtain or maintain intellectual property protection, downturns in the Chinese economy, uncompetitive levels of research and development, failure to obtain regulatory approvals, and other information detailed from time to time in the Company's filings and future filings with the United States Securities and Exchange Commission. The forward-looking statements made herein speak only as of the date of this press release and the Company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the Company's expectations.

    For more information, please contact:

     China Pharma Holdings, Inc.
     Diana Huang
     Tel:   +86-898-6681-1730
     Email: hps@c
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SOURCE  China Pharma Holdings, Inc.
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