LAS VEGAS and BEIJING, Feb. 11 /Xinhua-PRNewswire-FirstCall/ -- China Holdings, Inc. (OTC Bulletin Board: CHHL; the "Company"), a global diversified assets holdings company, and its subsidiaries engage in multiple China-focused business activities including energy, renewable energy, resources, finance, real estate, utilities and pharmaceuticals, announced today the interview of the Company's CEO, Julianna Lu, by Wall Street Reporter, New York, as follows:
NEW YORK, Feb. 8, 2008 (PRIME NEWSWIRE) -- As the new year dawns in China, the CEO of China Holdings Inc. (OTCBB: CHHL) tells Wall Street Reporter how her company is capitalizing on the "massive" business opportunity emerging as China's massive population investigates alternative energy technologies to fuel their booming economy.
"In China, everybody is looking for alternative energy," Julianna Lu
tells in an exclusive audio interview featured at wallstreetreporter.com.
According to Ms. Lu, China Holdings is targeting 3200 MW of power capacity
-- enough to power three million households -- in biomass energy and
hydropower electricity projects by 2013.
Other highlights of the interview include:
-- The competitive outlook for non-coal technologies in feeding
China's hunger for energy. "It's a new market," Ms. Lu explains.
"We will be focusing on the biomass and alternative energy
-- Plans for an IPO for China Holdings' power subsidiary in the next
six months, as well as the likelihood that the unit will turn
profitable within the next year as revenue surges from zero to a
targeted $170 million "just from biomass and hydro."
-- The company's extensive interests in vanadium, molybdenum, and
uranium assets in the context of its overall energy strategy.
-- Management's ongoing exploration of additional investment
opportunities in the metals and power industries. A hydroelectric<
|SOURCE China Holdings Inc.|
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