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August 21, 2008
Dear Investors,
It was a pleasure to meet those of you who attended the China Health Care Corporation Investor Luncheon this past week in New York city. The highlight of the trip was seeing you and updating you all on the progress China Health Care has made since our last meeting. Included is a summary of some points I would like to leave with all of our Shareholders:
¡E Thankful to You the Shareholder ¡V Your continued support throughout the growth of our business is greatly appreciated. Your loyalty, dedication, and investment in our business plan have allowed China Health Care to persevere despite formidable obstacles. Sharing in the vision of Herbert Wong and continuing with his dream of establishing a network of premier maternal child and after-care facilities has presented the opportunity to serve the ever-growing Chinese middle class. As a recent addition to the China Health Care team, it is with great pride that Dr. Ken Lee and I continue to work on your behalf to fulfill the full vision of China Health Care and ultimately reward you as a shareholder.
¡E Active Regime to Broaden CHCC Shareholder Base in the US - This recent trip to New York was the first of many management will be making to broaden awareness and interest within the investment community. During our week in New York, Dr. Ken Lee and I engaged in a rigorous regime of meeting with the financial community. Meetings included: research analysts, buy-side firms, healthcare investors, and strategic associates. Having myself based in the US now makes it easier for CHCC to have representation as necessary; and having mapped out a 6-month plan, our investor-relations effort will be consistent, responsive, strategic and informative. New York, Boston, San Francisco, Los Angeles and a visit to the Chinese investor community will be taking place before year end 2008. Our investor relations team, Strategic Growth, is working with us to maintain communication between existing shareholders, new investors and Wall Street in general. Conference participation, analyst coverage, and open-market buying are additional goals currently being scheduled for near-term achievement.
¡E Continued Acquisition Plan ¡V As discussed, CHCC is continuing to identify hospitals and clinics along the Yangtze Delta Region to incorporate into the CHCC umbrella. Already, CHCC has identified targets and shareholders will be notified as soon as the information can be disclosed. We have also ensured that CHCC has the talent in place to operate the centers according to our standards.
¡E Poised for Continued Growth ¡V We feel that the balance of Eastern and Western expertise, shared vision, and track record of past success will propel us to grow successfully. Driven by the noble underpinning to provide premier healthcare services through Chinese caregivers to Chinese middle-class communities, we take this mindset to move forward and continue with our progressive track record.
¡E Management is Dedicated to Seeing CHCC a Success ¡V As we mentioned in the presentation, and as is apparent from having the entire CHCC management and board team in New York for the week, we are focused on turning the CHCC vision into reality. As many of you know, Herbert Wong was a special person both to CHCC and to me personally. It is our dedication to his vision and entrepreneurial spirit that drives us to continue forward.
Most of you are already in our database. If you have updated contact information, please send it to our investor-relations contact Jennifer K. Zimmons jzimmons@sgi-ir.com 212-838-1444.Likewise, if you have friends or business associates that you feel would be interested in learning more about CHCC, feel free to have then contact Jennifer for an investor kit.
And if you have not visited it yet, we invite you to view the new China Health Care web site www.china-healthcare.us where basic information and investor material can be accessed.
Kindest Regards,
Jay Macfarland, MHA, FACHE
Chief Executive Officer
