Friday, August 21, 2009

Beacon Equity Research Featured Company: China America Holdings, Inc. (CAAH.OB)

China America Holdings, Inc. is focused on capitalizing on China’s rapid economic growth and international marketing opportunities through strategic acquisition. The company provides a unique direct-access opportunity to participate in the rapidly growing Chinese economy through U.S.-listed shares and serves as a spring board to propel its growing China-based businesses.

CAAH conducts its refrigerant business via its subsidiary in Shanghai, China. The company’s majority owned Shanghai Aohong Industry Co., Ltd distributes hydrofluorocarbon (HFC) refrigerants which are used in a variety of applications, primarily as coolants in automobile, residential and commercial air conditioning systems, refrigerators, fire extinguishing agents and assorted aerosol sprays.

The company is led by CEO, President and CFO Shaoyin Wang. Previous to his current position, Mr. Wang served as the Director of the Information Department of Shanghai Mingjia Real Estate Development Co., Ltd. Prior to that, he was the vice president of Shanghai Zhida Industrial Technology Development Co., Ltd. and a marketing manager of Shanghai Yazheng Information Technology Co., Ltd.

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