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China Pharma Holdings, Inc. Reports Full Year 2010 Financial Results
Date:3/3/2011

s payable(3,835,515)(2,485,060)Borrowing from a related party227,903-Proceeds from exercise of warrants2,583,00070,001Net Cash Provided by Financing Activity2,663,3841,385,622Effect of Exchange Rate Changes on Cash126,84313,765Net Increase (Decrease) in Cash57,333(3,292,396)Cash and Cash Equivalents at Beginning of Period3,634,7536,927,149Cash and Cash Equivalents at End of Period$
3,692,086$
3,634,753Supplemental Cash Flow Information:Cash paid for interest$
8,258$
54,182Cash paid for income taxes2,839,5481,773,795Supplemental Noncash Investing and Financing Activities:  Accounts payable for purchases of property and equipment$
,160$
39,903Contact:China Pharma Holdings, Inc.

CCG Investor RelationsPhone: +86-898-6681-1730 (China)

Kalle Ahl, CFA, Account ManagerEmail: hps@chinapharmaholdings.com

Phone: +1-646-833-3417 (New York)Email: kalle.ahl@ccgir.comVivian Chen, Sr. Market Intelligence Exec.Phone: (646) 701-7445(New York)Email: vivian.chen@ccgir.com
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SOURCE China Pharma Holdings, Inc.
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