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Global China Enterprises Limited Sold 4.93% China Pharmaceuticals International Corporation Shares To China M&A Management Holdings, Inc.  
3/9/2006 11:09:25 AM

HONG KONG, March 9 /Xinhua-PRNewswire/ -- China Pharmaceuticals International Corporation , announced today that the Company received a confirmation from Global China Enterprises Limited ("GCE"). The confirmation says China M&A Management Holdings, Inc. has purchased 3,929,450 shares from GCE at US$0.15 per share.

Contact: China Pharmaceuticals International Corporation Sifie Fu, Investor Relations Manager Tel: +852-2255-0688 Email: sifiefu@DiChain.com Investor Relations Email: Investors@DiChain.com Website: http://www.chinapharmacorp.com/

China Pharmaceuticals International Corporation

CONTACT: Sifie Fu, Investor Relations Manager, +852-2255-0688,sifiefu@DiChain.com, or Investor Relations, general, Investors@DiChain.com,all for China Pharmaceuticals International Corporation


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