Through its subsidiaries in the People's Republic of China, Europe-Asia Huadu (Yixing) Environment Protection Co., Ltd and Yixing Europe-Asia Huadu Environment Engineering Co. Ltd., EAHE manufactures water treatment equipment and provides construction and engineering services for water treatment projects in China. The transaction will provide EAHE with access to additional capital for expansion of its water treatment business. EAHE is a privately held Singapore company.
Following the consummation of the acquisition Madame Wang Lahua, the current Executive Director of EAHE, will be our Executive Chairman and CHM will change its name to Global Huadu Environment Holdings, Inc. Madame Wang indirectly owns 100% of EAHE.
Madam Wang Lahua is also the Deputy Director of Water Pollution Control Committee of China Environmental Protection Industry Association and an Environmental Engineering adjunct professor of Tsinghua University and Huangshi College. -- China Healthcare Acquisition Corp
