Item
1.01 Entry into
a Material Definitive Agreement
As
legally confirmed that on May 12, 2009,
China Holdings, Inc.
(the “Company”) (North America line: 1-778-995-0789) confirms that the
Company is becoming a non-reporting issuer for the legal protection to the
Company’s further significant 800 Square KM lands assets/lands development &
Subsidary : China Power, Inc.’s 2250 MW renewable power plants /projects &
400 Square KM land assets for the best interest/legal protection to the
Company/all public shareholders’ interest.
China
Holdings, Inc. (the “Company”) will continue its significant 800 Square KM
land/New Las Vegas City Development in Inner Mongolia PR China as disclosed. The
Company will develop an “Initial Public Offering of USD$200-400 Millions”
processing in next 9 – 12 months on New York Stock
Exchange or/and Small-Cap NASDAQ or/and AIM London Stock
Exchange or/and HongKong Stock Exchange , and the Company
will become a reporting issuer at that time and present/disclose to the Public
Accordingly.
China
Holdings, Inc. (the “Company”) will continue its consolidated development via
its subsidiary: China Power, Inc. to develop & construct of 2000 MW Wind
Power Plants/Projects & 250 Biomass Waste to Energy Power Plants/Projects
across China in 2009-2010 for its continuing commitment/efforts/contribution to
The Development of Renewable Energy Industry in China & worldwide. China
Power, Inc. ( www.chinapower.us) will also develop an “Initial Public Offering
of USD$200-400 Millions” processing in next 9 – 12 months
on New York Stock Exchange or/and Small-Cap NASDAQ or/and AIM London
Stock Exchange or/and HongKong Stock Exchange , and the
Company will present/disclose to the Public Accordingly.
For legal
confirmation, on May 12, 2009, China Holdings, Inc. (the “Company”)
(
www.chinaholding.net
)
has legally appointed Mr. Yu, Xiaofei, the Company& 3
Subsidaries’ Vice-Chairman/Board of Director, as The President/CFO of China
Holdings, Inc. (the “Company”) and All 3 Subsidaries: China Power, Inc., China
Minerals Holdings, Inc. and China Health Holdings, Inc. On May 12, 2009, China
Holdings, Inc. (the “Company”) has also appointed Mr. Moses Chen as The Chief
Operation Officer for the Company’s subsidiary: China Power, Inc. Ms. Julianna
Lu,
The Company’s
Founder/Chairwoman/CEO/Creditor/51%+ controlled shareholders for
China Holdings, Inc./All
3 Subsidaries is leaving absent for a short
while for developing HER PRIVATE REAL ESTATE/LAND/PROPERTY EMPIRE. However
Julianna Lu is committed with her whole heart & talent to serve/contribute
to China Holdings, Inc./All 3 Subsidaries’ development/progress for the best
interest of all public shareholders in USA, China & Worldwide.
China
Holdings, Inc. will announce new versions of corporate websites
of
www.chinaholding.net
and
www.chinapower.us
publically in 3 months approximately with all updated development & progress
& information.
Item
1.01 Entry
into a Material Definitive Agreement, And
Item
3.02 Unregistered
Sales of Equity Securities.
As
legally confirmed that on April 30, 2009, China Holdings, Inc. (the “Company”)
has agreed that
“China Power,
Inc.” (www.chinapower.us)
is also offering
“A Private
Placement Agreement” that WHEREAS, pursuant to, Regulation S , or/and
Regulation D, promulgated under the Securities Act of 1933, as amended (the
“Securities Act”) and WHEREAS, pursuant to Section 4(2) of the Securities Act of
1933, as amended (the “Securities Act”), and Rule 506
promulgated thereunder,
China Power,
Inc.
is offering up to 10,000,000 shares of
China
Power
’s common stock and warrants to purchase 10,000,000 common shares of
China
Power
’s common stock in a private placement (the “Offering”) on the terms
and conditions set forth herein, for each
share of
China
Power
’s common stock, $.001 par value (“Shares”), at a premium purchase
price of US $0.50 per common share (the “Common Stock”), includes One
warrant (the “Warrant”) to purchase per share of Common Stock: the warrant is
exercisable for a period of (16) months, at a price $USD1.00 per
common share. The Company plans to legally disclose/compliance/file
with SEC Form 8-K upon further transactions completion as planed in
45-90 days approximately. The Company believes that the above decision is for
the best interest/value of China Holdings, Inc./China Power, Inc./all public
shareholders in China, USA and Worldwide.
The
Use of The Proceeds of USD$5,000,000 are for the development & construction
of Phase I: 2000 MW Wind Power Plants/ on 400 Square Kilometers lands in Inner
Mongolia PR China, and Phase I Development of 250 Biomass Waste to Energy Power
Plants/Projects Across China and General Corporate Development
purposes.
China
Power, Inc.(
www.chinapower.us
)
and Julianna Lu& China Partners will continue the efforts, contribution,
commitments to the Renewable Energy Industry in China & worldwide and will
consolidate the developing and construction of 2000 Megawatts Wind Power
Plants/Projects on 400 Square Kilometers lands in Inner Mongolia, PR China in
2009 – 2013.
China Power,
Inc.
www.chinaholding.net
www.chinapower.us
China
Power, Inc. (“China Power”) (
www.chinapower.us
)
is a development stage company with the goal of becoming a leading energy and
renewable energy holding company that focuses on mergers and acquisitions,
investment, research and development, construction and the operation of energy,
and renewable energy, and environmental protection projects in China and
throughout the world. China Power is developing renewable energy projects,
pipelines in biomass energy projects and hydropower plants though mergers and
acquisitions, joint-venture partnerships with biomass projects and hydropower
plants, companies, local governments in China and throughout the world. China
Power’s renewable energy strategy and plan in hydropower plants and biomass
energy projects will enhance the technical, social, and environmental benefits
of biomass energy and hydropower projects and provide investment and business
opportunities in the cost-competitive industries or biomass energy and
hydropower capacity energy supply in China and throughout the world, and also
help increase long term shareholder value.
China Power
Inc.
2000 Megawatts Wind Power
Plants/Projects
China Holdings, Inc
., via its
controlled subsidiary
China
Power, Inc.
has secured exclusive contracts with local government in
Inner Mongolia China to exclusively develop and construct Two (2)
Wind Power Plants
to generate
2,000 MW (“Megawatts”)
of electricity on a total
400
Square KM land
with non-competition & non-solicit protections from
the local government.
China
Power Inc.
expects to break ground in 2009 for the initial 300 MW of wind
power, to be completed within 24 months approximately. Under the
China Renewable Energy Laws and Registrations, the China State Power Grid has
guaranteed to purchase 100% of the power generated by
China Power, Inc.’s Wind Power Plants
(2,000 MW)
at 0.55 Yuan per kilowatt hour or approximately $0.08 per
kilowatt hour, with a 4% increase annually for 25-30 years with additional
guaranteed extension terms.
China Power's 2000 Megawatts Wind
Farm Power Plants
are legally financially protected by Local Chinese
Government & China New Renewable Energy Policies & Laws to wind energy
producers and developers. The Company expects total gross revenue of 2,750
Million Yuan (2,000,000 Kilowatts x 2500 Hours x 0.55 Yuan/Kwh) in 4 -5 years
upon 2,000 MW Wind Farm Power Plants in full production. The value inherent in
the Company's unique position through its 2000 MW Wind Power Plants/Projects is
truly extraordinary, and the progress the Company has made on its initiatives
for the coming years signals the ability to capitalize on the underlying
potential of renewable energy power plants & industry in China, or/and
worldwide.
China Power, Inc.
(www.chinapower.us)
400 Square Kilometers Land
for 2000 Megawatts Wind Power Plants Development
China Holdings, Inc.
and its’
controlled subsidiary:
China
Power, Inc.
(
www.chinapower.us
) (
together “ the Company”) has executed A Land Acquisition, Land Right
& Ownership Agreement (“ the Agreement”) with local municipal government in
Inner Mongolia, P.R. China to exclusively acquire a total of
400 Square KM
of Industrial
lands at a fixed price of 58,000 Yuan ( China Currency) Per Mu Lands ( 1 Mu =
667 Square Meters) with non-competition & non-solicit protections from the
local government. The Agreement allows the Company to acquire all or part of
the
400 Square KM
of Industrial lands in next four years exclusively with non-competition &
non-solicit protections from the local government. The Agreement also allows the
Company to apply for partial
Lands
RE-ZONING
into
Residential Lands
or/and Commercial Lands
for further Lands Development. China Holdings,
Inc. (the “Company”)’s controlled subsidiary: China Power, Inc. focuses on its
developing and construction of 2000 Megawatts Wind Power Plants/Projects on this
400 Square Kilometers lands in Inner Mongolia, PR China in 2009 –
2013.
The value
inherent in China Power's unique position through its 400 Sq. KM land
rights/ownership/rights for real estate development is truly extraordinary, and
the progress the China Power has made on its initiatives for the coming years
signals the ability to capitalize on the underlying potential of renewable
energy power plants & industry in China, or/and worldwide.
China Power
Inc.
250 Biomass Waste to Energy
Power Plants/Projects
on A Total of 580,000
Mu Lands Across China
China Holdings, Inc.,
via its
controlled owned subsidiary
China Power, Inc.
has secured
exclusive a total of 5 (five) development, investment and construction contracts
with the local China Government in Hebei, Hunan, AnHui and Inner Mongolia
Provinces, PR China to develop, invest and construct a total of five
(5) biomass energy power generation plants/projects with a total potential power
capacity for 50MW x 5 = 250 MW in pipeline. The development and construction of
the facilities will require approximately 400 Millions Yuan (RMB) for each 50MW
biomass plant/project. The development and construction of the facilities are
subject to the Company completing certain due diligence requirements and
obtaining financing from third parties. In addition to the foregoing, according
to the China Central Government’s current alternative energy laws related to
Biomass Energy Projects, under the All Construction Agreements, guaranteed (i)
the financing for up to 65% of the 580 million Yuan China Power has committed to
the development of all the power plants through local banks at a preferred
interest rate, (ii) that 100% of the power generated by the Biomass Energy
plants shall be purchased by the China State Grid at a purchase price of between
0.60 and 0.65 Yuan, or approximately $0.09 and $0.08, per kilowatt, (iii) All
Biomass Energy Power Generation Plant/project (50MW) has designated with a total
potential of 400 million KW/hr power generation capacity approximately annually,
(iv) China Power’s rights under the Construction Agreements are all
exclusive.The construction of the plant is estimated to take approximately two
to three years.
China
Power, Inc.(
www.chinapower.us
)
and Julianna Lu& China Partners will continue the efforts, contribution,
commitments to the Renewable Energy Industry in China & worldwide and will
consolidate the developing and construction of 2000 Megawatts Wind Power
Plants/Projects on 400 Square Kilometers lands in Inner Mongolia, PR China in
2009 – 2013. China Power, Inc. is also developing & construction of a total
250 MW Biomass Waste to Energy Plants/Projects (5) in 2008 -2012.
China Power, inc. is developing its renewable energy power plants in wind energy
power plants, biomass clean energy & hydropower plants to reach a total
potential power capacity of approximately 850 MW to 3200 MW in 2013
approximately.China Power, Inc. and Julianna Lu& China Partners will move
forward on THE 2000 MW WIND POWER PLANTS/PROJECTS DEVELOPMENT/CONSTRUCTIONS PLAN
(2009-2013) in Inner Mongolia PR China with the following programs &
plans:
*
Execute/Complete "Wind Turbines Supplying & Operation System" /Contracts
with China Top Rank Wind Turbines’ Manufactures or/and Global Industrial Wind
Turbines Manufactures/", and ensure the system with the
following features:
*
Wind Turbines (700 of 3.0MW or 600 of 3.6 MW): with the aim of reducing the cost
per kWh, and lighter, Stronger towers and ground-breaking nacelle design which
produces more power from less weight with efficiency, economic,
effectiveness.
*
Wind Farm Operation Systems (Advanced) with the features
of Real-time active and reactive power control of the entire wind
power plant; Control and monitoring of wind turbines, meteorology ,instruments
and substations; Plant performance summaries in both text and graphical form;
Comprehensive report generator module; Productivity presentations;
Availability calculations; Instant online data from any turbine: Status, power,
wind speed, voltage current, temperatures and alarms; 10-minute averaged data,
including mean values, standard deviations, minimum and maximum values; Advanced
power curve presentations, including power curves, scatter curves, reference and
wind distribution curves from multiple units; User-friendly graphical user
interface based on Windows standards; Client connection manager for
access to multiple power plants; Secure login with customizable access profiles;
Remote control of a single wind turbine or a group
of turbines.
*
Complete “EPC Contracts” with China-National Top Rank Engineering Firms or/and
Top-Global Engineering Firms (“EPC": Project Planning and Design, Project
management, engineering, procurement and construction expertise) to construct
the Company’s 2000 Megawatts Wind Power Plants/Projects in Inner Mongolia PR
China on a turnkey basis/solution, and with upset price guarantees and fixed
wind turbines installation & construction completion
timetables. “EPC” Completion Wind Turbines Installations and
Manufacturing “2000 MW WIND POWER PLANTS/PROJECTS” on 400 Square KM Lands in
Inner Mongolia PR China in 2-4 years approximately.
The
value inherent in the Company's unique position through its 2000 MW Wind Power
Plants/Projects is truly extraordinary, and the progress the Company has made on
its initiatives for the coming years signals the ability to capitalize on the
underlying potential of renewable energy power plants & industry in China,
or/and worldwide.
|
Item
1.01
|
Entry
into a Material Definitive Agreement,
And
|
|
Item
3.02
|
Unregistered
Sales of Equity Securities.
|
As
legally confirmed that On April 23, 2009, China Holdings, Inc. (the
“Company”) has agreed to offer “A Private
Placement Agreement” that WHEREAS, pursuant to, Regulation S , or/and
Regulation D, promulgated under the Securities Act of 1933, as amended (the
“Securities Act”) and WHEREAS, pursuant to Section 4(2) of the Securities Act of
1933, as amended (the “Securities Act”), and Rule 506
promulgated thereunder, the Company is offering up to
50,000,000 shares of the Company’s common stock and warrants to purchase
50,000,000 common shares of the Company’s common stock in a private placement
(the “Offering”) on the terms and conditions set forth herein, for
each
share of the
Company’s common stock, $.001 par value (“Shares”), at a premium purchase price
of US $0.10 per common share (the “Common Stock”), includes One
warrant (the “Warrant”) to purchase per share of Common Stock: the warrant is
exercisable for a period of (16) months, at a price $USD0.20 per
common share. The Company plans to
legally disclose/compliance/file with SEC Form 8-K upon further
transactions completion as planed in 45-90 days approximately. The Company
believes that the above decision is for the best interest/value of China
Holdings, Inc./all public shareholders.
The Master Land
Developer : Julianna Lu and China Holdings, Inc.
800 Square Kilometer Land
/City Development
Phase I: Urban Design &
Framework Structure Master Planning for
100 Square Kilometer Land
/City Development: A New China Las Vegas City
As agreed
as the Master Developer & the Master Land Planner , for the legal protection
to China Holdings, Inc./All public interest that China Holdings, Inc. (20%) and
Julianna Lu (80%) /
The
Company’s Founder/Chairwoman/CEO/CFO/Creditor
(or/and Julianna’s further legal independent
nominee)
are
jointly developing a total of 800 Square Kilometers of Land for Real Estate
Development in Inner Mongolia PR China, which including commercial buildings,
and residential development, five star hotels, shopping centers, casinos, golf
courses as well as horse racing facilities and recreation and entertainment
facilities, a new city will have a cosmopolitan flavors combining architecture
from many of the world’s great cities including Las Vegas, Paris, London, Rome,
Venice, Vancouver, Tokyo, New York, and a new city with a planned initial
population of one million people in 2009-2016 in Inner Mongolia PR
China
The
Use of US$5,000,000 Proceeds are : 1). A total of
USD$1,000,000 for further development and completion of Phase I:
Urban Design & Framework Structure Master Planning for 100 Square Kilometer
Land /City Development: A New China Las Vegas City In Inner Mongolia, PR China;
2). ). A total of USD$3,000,000 for Phase II Land Transaction/Land
Development/Land Parcles Worldwide Campaign :100 Square Kilometer Land /City
Development: A New China Las Vegas City In Inner Mongolia, PR China;3). ). A
total of USD$1,000,000 General Worldwide Corporate Development &
Administration.
The
Company is going to complete the Phase I development of The Urban
Design & Framework Structure Master Planning of :100 Square Kilometer Land
/City Development: A New China Las Vegas City In Inner Mongolia, PR
China in 4 to 6 months from now on and delivery in later
2009 with
1. City Framework
Plan:
A
City Framework Plan for the entire 10,000 Ha (100 km2) proposal city growth
area of one million people, resolved to a level depicting general land
uses, transportation networks, district densities, open spaces, and retail,
hotel, office/employment, and industrial floor space distribution. (Scale
1:10,000)
2. Entertainment Precinct
Plan (Stage One):
A
Master Precinct Plan for the designated 200 Ha (20 km2) Phase One portion of the
City Framework Plan resolved to a detail depicting individual block parcels and
building footprints including land uses, floor space densities, hotel
rooms, office floor space, retail floor space, industrial floor space,
landscape and an open space concept. (Scale1:2,500) and a statistical summary
plan for the City Framework.
3. Resort Centre Plan (Stage
1A):
A
detailed City Centre Plan for the appropriate 5-7 Ha central focus (Stage 1A) of
the Entertainment Precinct depicting a concept design for a hotel, retail,
and entertainment core. The City Centre Plan will depict a Phase 1A hotel
and retail program along with a conceptual parks, open space and
recreational areas landscape plan. (Scale 1:250).
The Master Land
Developer/The Master Land Planner : China Holdings, Inc.& Julianna
Lu
800 Square Kilometer Land
/City Development
Phase I - 100 Sqaure KM
land/City
Urban Design & Planning
Framework Structure Plan
Completion /Deliverable
Schedule: September/October 2009Approximately
The
Phase I : 100 Square Kilometers of Land Development - The Master Plan
: The Land and City Planning - The Phase IA master plan is consist of 20 Square
Kilometers of land in Inner Mongolia, PR China: which provide with all the urban
planning & designs for all the streets & buildings ( commercial,
residential, industrial, & recreations) in initial 20 Sq. KM land – Julianna
Lu &China Holdings, Inc. ‘s objective is maximize the value of
every square meter of 20 – 100 Sq KM land as the ultimate value as
multi-billion dollars assets/revenues.
The
Development Schedules – Four (4-5) Months in Sep-Oct-Nov 2009
Completion
Month
I (May ,June, July 2009): Evaluation Phase
Deliverables
include:
|
·
|
Site
and context analysis
|
|
·
|
Understanding
of historic precedents
|
|
·
|
Review
of natural and man made
morphologies
|
|
·
|
Orchestration
of presentation materials
|
|
·
|
Site
visit and technical workshop
|
Month II
(July – August 2009): Analysis Phase
Deliverables
include:
|
·
|
Generation
of alternative solutions as
appropriate
|
|
·
|
Movement
system analysis
|
|
·
|
Open
space systems analysis
|
|
·
|
Selection
of preferred mater planning concept
|
Month
III (August - September 2009): Synthesis Phase
Deliverables
include:
|
·
|
Refinement
of preferred master plan
|
|
·
|
Development
of zoning diagram
|
|
·
|
Alternative
site massing diagrams
|
|
·
|
Development
of character studies
|
|
·
|
Development
of phasing diagram
|
Month IV
(September – November 2009): Communication Phase
Deliverables
include:
|
·
|
Provision
of colored master plan: 100 Square KM land – urban design frame structure
plan
|
|
·
|
Provision
of up to 12 -20 character sketches (100 Square KM land frame
structure)
|
|
·
|
Provision
of 3 -10 cross sections (100 Square KM land frame
structure)
|
|
·
|
Provision
of colored master plan – Stand Physical Massing Models : Land
Scales: (1:1000 Scale) or (1:500
Scale)
|
|
·
|
Provision
of colored master plan – 3D massing models: Land Scales:
(1:1000 Scale) or (1:500 Scale): for 30-60 sec. fly-through animations
or/and 360 degree spin around
animations
|
|
·
|
Provision
of colored master plan –Power Point Presentations & Marketing
materials: Overall Projects Concept
|
China Holdings &
Julianna Lu’s Consolidated Land Development Plan
800 Square Kilometers of
Land for Real Estate Development
Iin Inner Mongolia PR
China
Phase II : 100
Square Kilometers of Land Development
The Master Plan Completion
& China/Worldwide Lands Parcels Marketing & Land
Development
|
·
|
Worldwide
- 100 Square Kilometers of Land Parcels Development and Partial
100 Sq KM Land Parcels - China/Worldwide Marketing:
Multi-Billon Dollars Revenues and Multi-Billon Dollars
Assets
|
|
·
|
100
Square Kilometers Land - Construction & Land Development -
Real Estate Development: Commercial,
buildings/properties, Residential buildings/properties,
Industrial buildings/properties & recreation buildings/properties :
Multi-Billon Dollars Revenues and Multi-Billon Dollars
Assets
|
As
the Master Land Developer& The Master Land Planner, China Holdings,
Inc.& Julianna Lu are consolidating: Phase I Land
Development : 800 Square Kilometer Land /City Development: Urban Design &
Framework Structure Master Planning: 100 Square Kilometer Land /City
Development: A New China Las Vegas City in Inner Mongolia PR China. The
objective of Julianna Lu/China Holdings’ Urban Design &
Framework Structure Master Planning for the 100 Square Kilometer
Land /City Development: A New China Las Vegas City in Inner Mongolia
PR China: is to maximize the value of every square meter of 100 Square KM
land parcels into multi-billion dollars profits multi-billion dollars assets as
the ultimate values not only for China Holdings/All Public
Shareholders in China, USA and Worldwide, as well as to People &
Government in Inner Mongolia PR China.
The
multi-billion dollar value inherent in China Holdings & Julianna
Lu, the Master Land Developer & The Master Land Planner , the
original unique position of The Land Acquisition & Development, Land Right
& Ownership for the 800 Square KM (“Kilometers”) Lands of Residential,
Commercial, Industrial and Recreation Lands in Inner Mongolia PR China are truly
extraordinary with multi-billion dollars values, and the progress the
Company has made on its initiatives for the coming years signals the ability to
capitalize on the underlying potential multi-billion dollars assets
& profits of land /real estate/properties development in Inner Mongolia,
China.
As
the Master Land Developer& The Master Land Planner, China Holdings &
Julianna Lu have created a spectacular opportunity for The World, and China
Holdings & All Worldwide Public Shareholders to participate the further
creation of 100 Square KM land/city development of “China Las Vegas”, a new
resort city in Inner Mongolia China, of a population of one million
people. Julianna Lu and China Holdings are consolidating the development
of a master planning to develop a strategic City Vision Plan for the entire
proposed 10,000 Ha city and a master plan for the 2000 Ha first phase precinct,
which will respect important site assets, the regional and Chinese cultural
& historical settings, and the economic aspirations and world-class
development vision of China Holdings & Julianna Lu. As the Master Land
Developer& & The Master Land Planner, China Holdings &
Julianna Lu Are consolidating the land development of Phase I: 100 Square
Kilometers parcel of land in Inner Mongolia into a new city with a planned
initial population of one million people in 2009-2016. The first phase will
involve creation of a visionary plan for the new city including commercial
buildings, and residential development, five star hotels, shopping
centers, casinos, golf courses as well as horse racing facilities and recreation
and entertainment facilities. China Holdings& Julianna
Lu are intended that the new city will have a cosmopolitan flavour
combining architecture from many of the world’s great cities including Las
Vegas, Paris, London, Rome, Venice, Vancouver, Tokyo, New York and Hong Kong,
etc. The land/city development is located near an existing brand-new airport,
and served by advanced high speed railway and modern highway. All
of required basic infrastructure has already been built by the
Chinese Government in later 2008.
