China Global's strategy is to maintain its position as a diversified real estate
investor and developer.
Recently, the company completed a major development project building the Baxian
Villa Resort in Beijing along with its surrounding commercial and residential
complexes totals 60 hectares.
<<//<<.. To convert hectares to acres multiply by 2.471 or 60 x 2.471= 148 acres or about 150 acres TO BE DEVELOPED!>>>///Insert>>>
The resort consists of more than 600 villas with
different architectural styles and elegant country clubs.
This extravagant landmark has attracted millions of Chinese consumers since its
opening and is already widely recognized as "Beijing's Most Favorite Resort."
Since Beijing has been named to host the 2008 Olympic Games, China Global
Development Inc. has committed to investing $2.5 billion Renminbi investment
(8.2 Renminbi equal 1 U.S. dollar so that US$312,500,000 ) into developing "Century Star City" in
Beijing near the site of the proposed Olympic Village.
and Trading Value is now:
3 Months' Closing Prices
DateExOpenHiLoCloseChgVol#Tr2002-03-05 Q4.25 4.55 3.50 3.75 -0.25 5560072 2002-03-04 Q4.00 4.20 4.00 4.00 +0.00 37009 2002-03-01 Q4.00 4.10 3.90 4.00 +1.70 700012 2002-02-25 Q4.60 4.60 1.50 2.30 -2.30 1400030 2002-02-22 Q4.40 4.60 4.40 4.60 +0.00 5002 2002-02-21 Q4.30 4.60 4.25 4.60 +0.35 20003 2002-02-20 Q4.25 4.30 4.25 4.25 +4.10 102004[/pre
China Global Development Sets Acquisition Schedule
China Global Development Sets Acquisition Schedule
NEWPORT BEACH, Calif., Mar 5, 2002 (BUSINESS WIRE) -- Baohua Zheng, Chairman of
China Global Development, Inc. (OTCBB:CGDP), announced today that the company
plans to make a series of all stock acquisitions during 2002.
The first of the nine (9) proposed acquisitions will increase the company's
revenue base to approximately $38,000,000 US and profits to approximately
$13,600,000. The proposed acquisitions, if all nine (9) are completed
successfully, will transform the company into one of the largest real estate
developers in Beijing and one of China's largest employers. The company has
commissioned Ernst & Young, China to conduct GAAP audits on each targeted
acquisition. The company expects to complete all of the proposed acquisitions
prior to December 31, 2002. The immediate acquisition candidate is Beijing
MingTai Construction Engineering Co., Ltd.
Beijing MingTai Construction Engineering Co., Ltd specializes in construction
engineering services with annual revenues of approximately $13,500,000 US and
profits of $1,600,000 US. Beijing MingTai has been recognized for its quality,
workmanship, and its safety record. In October 2000, the International Standard
System awarded the company an ISO 9002 Standard Certificate. Beijing MingTai has
been recognized for being on the forefront in adopting new construction
Up to date information about China Global Development, Inc. can be viewed, on
the internet, by clicking onto www.otcinfo.net or obtained by calling John
Shaffer at 480/949-7965.
Disclaimer: Statements, which are not historical facts, are forward-looking
statements. The Company, through its management makes forward-looking public
statements concerning its expected future operations, performance and other
developments. Such forward-looking statements are necessarily estimates
reflecting the Company's best judgment based upon current information and
involve a number of risks and uncertainties, and there can be no assurance that
other factors will not affect the accuracy of such forward-looking statements.
It is impossible to identify all such factors, factors which could cause actual
results to differ materially from those estimated by the Company include, but
not limited to, government regulation, managing and maintaining growth, the
effect of adverse publicity, litigation, competition and other factors which may
be identified from time to time in the Company's public announcements.
CONTACT: China Global Development, Inc.
John Shaffer, 480/949-7965
03/05 13:45 TheSUBWAY.com Announces Investment Opinion: Pounding Numbers!
Keep an eye on China Global Development Inc. (OTCBB:CGDP ). The company just released huge news and CGDP could be a huge gainer in the short term. Other stock market standouts include Adaptec Inc. (Nasdaq:ADPT), up 9% after news it along with Cisco, and IBM to lead iSCSI InterOperability, RealNetwork... more 02/25 12:45 CRG Welcomes CGDP To The Market!
Keep an eye on China Global Development Inc. (OTCBB:CGDP ). The company is new to the market and CGDP could be a huge gainer in the short term. ..//.... more
Speaking of CYSCO....Chian Global hhas this client LIST: in a prior NR and the Venture Partner is very well respected:
""..//... The company has commissioned Ernst & Young, China to conduct GAAP audits on each targetedacquisition. The company expects to complete all of the proposed acquisitions prior to December 31, 2002. The immediate acquisition candidate is Beijing Ming Tai Construction Engineering Co., Ltd. Beijing Ming Tai Construction Engineering Co., Ltd specializes in construction engineering services with annual revenues of approximately $13,500,000 US and profits of $1,600,000 US. Beijing Ming Tai has been recognized for its quality, workmanship, and its safety record. In October 2000, the International Standard System awarded the company an ISO 9002 Standard Certificate. Beijing Ming Tai has been recognized for being on the forefront in adopting new construction technologies...//..""
Since China has been named to host the 2008 Olympic Games, China Global Development, Inc. has committed to invest U.S. $300 million into developing"Century Star City" in Beijing near the site of the proposed Olympic Village."
Oh, on CISCO...: :""
China Global Development Begins Trading
PASADENA, Calif., Feb 21, 2002 (BUSINESS WIRE) -- China Global DevelopmentInc.'s (OTC BB: CGDP) chairman, Bao Hua Zheng, Thursday announced that ChinaGlobal has commenced trading on NASD's Over-The-Counter Bulletin Board.China Global is one of China's largest construction companies and one of thefirst privately owned enterprises in China to receive government authorizationto bid on overseas construction projects.The company's core competency includes real estate investment and development offirst-class hotels, resorts, villas and residential and commercial centers.China Global has been instrumental in the construction of major projects throughout Beijing, Shanghai, Jinan, Tianjin and other cities in China. The company has also been awarded construction contracts from Cisco, Avaya, Honeywell, and other Fortune 500 companies in the United States, as well asinternational conglomerates in Europe and Asia." We're excited about entering the U.S. market," said Bok Wing Yung, CFO of China Global. "Now that China has joined, the WTO management of China Global expects American investors to find our story compelling. We are well-positioned to dominate real estate development in China as corporate leaders around the worldenter the Chinese market..//.."
affilited with CRG, Inc a/k/a www.TheSubway.com
SEC Disclosure Marchg & April at this link: