Aohong Subsidiary Renews Agreement with FAW-Volkswagen Automobile Co. Ltd
Aohong Recorded Sales for this Agreement of Approximately $1.76 Million in 2008
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China America Holdings, Inc. Reaches Profitability in Second Quarter
Revenue reaches $10.5 million, up over 60% sequentially from the first quarter
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Aohong Subsidiary Signs Agreement with China FAW Group Corporation
Contract Value Estimated at Approximately $2.5 million
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Welcome to China America Holdings, Incorporated

China America Holdings, Inc. (OTCBB: CAAH) is doing refrigerant business via its subsidiary in shanghai, China. Our majority owned China-based Shanghai Aohong Industry Co., Ltd distributes hydrofluorocarbon (HFC) refrigerants utilized 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's customers include manufacturers of automobiles, refrigeration and air conditioning systems, as well as bulk coolant distributors in China. The Company is focused on providing environmentally friendly products worldwide to multiple markets.