Double Coin Holdings supports earthquake relief efforts

May 16, 2008

Double Coin Holdings Ltd., parent company of CMA LLC, is supporting the relief effort that is mounting in the Sichuan Province of China after a devastating earthquake on May 12, 2008.

Double Coin executives have contributed money -- much of it personal -- to assist in the relief effort. In addition, Double Coin subsidiaries that manufacture batteries, soap and shoes have prioritized company supplies and assets to the affected areas.

The company also is supporting 20 orphaned children, and pledges to make sure they can return to a normal life once the immediate danger of the disaster is over.

"Double Coin understands that at this point in time, even daily necessities like shoes and soap are needed and we are here to help at all costs," says Mike Yang, president of CMA, Double Coin's United States subsidiary.

"In the past few days, I have had many conversations with affiliates in China, and the nation's people are very sad. This catastrophe is not just affecting the Sichuan province; it is affecting all of China. The compassion that all Chinese people are showing to help is monumental."

The Sichuan province and its capital, Chengdu, were severely damaged by the seismic activity. Sichuan is one of the most densely-populated areas in the country.

One way to assist in the relief efforts, according to Double Coin, is through the International Committee of the Red Cross (ICRC). For more information, visit