I think the way it would work is that the HBRM name would remove some of the "China discount". There are some investors that won't even touch China microcaps, and the space has been so rife with fraud that the legit companies get severely discounted by those investors who are willing to play.
Presumably they would keep the HBRM name but the (higher, otcbb) CHRI listing. This would allow them to source materials and goods from the CHRI operations in China, but sell in the US via HBRM (and ultimately expanded) distribution channels. I think this could also help CHRI become more transparent to investors which is a good thing.