Business Description
China America Holding, Inc., formerly Sense Holdings, Inc., is a Florida corporation formed on July 13, 1998. Prior to June 27, 2007, the Company's core business was the design, development, manufacturing and selling of fingerprint-based identification products and systems that incorporate state-of-the-art biometric technology to verify a person's identity. The Company sells and distributes assorted chemicals in China. The majority of its revenues are generated through the sale and distribution of liquid coolants. While its products can be employed in a variety of applications, it mainly sells and distributes refrigerants for use in air conditioning systems. The Company also sells and distributes chemical products used in the application of fire extinguishing agents, aerosol sprays, insecticides, and tetrahydrothiophene. In 2008 it conducts business in one segment: Chemical Distribution, while in 2007 it reported in three segments: Chemical Distribution, Biometrics, and Toy Distribution. The Company's historical operations were the design, development, manufacture and sale of biometric identification products. All of the Company's operations are conducted in China through its AoHong subsidiary. AoHong sells and distributes assorted chemicals. Its main product group is liquid coolants which are employed mainly as refrigerants in air conditioning systems. AoHong's operations are comprised of four basic functions: Repackaging bulk quantities of liquid coolants into smaller packaging for resale and distribution; Custom mixing of various raw materials in accordance with customer specifications into a new product; AoHong employs two engineers who work with customers to derive proper mixture of chemicals; and Distribution of bulk quantities of liquid coolants directly to customers who in turn resell the product. AoHong distributes products within China to 16 provinces and districts including Liaoning, Jilin, Beijing, Xinjiang, Shangxi, Chongqing, Sichuan, Jiangsu, Zhejiang, Anhui, Guangdong, Hainan, Hong Kong and Taiwan. AoHong exports to countries such as Russia and Thailand. The Company employs eight full time and two part-time sales persons. It also markets and promotes its products through a variety of venues, including industry trade shows, online advertising, marketing literature, and referrals. The Company purchases products from a variety of sources. In November 2008, the Company created AoHong Tianjin, to expand its distribution channels to northern China. The market for the sale of liquid coolants in China is very competitive. The Company and AoHong are subject to various state and local regulations related to the distribution of chemicals.
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