China Health Management Corp. Announces the Completion of Its Joint Venture Agreement with Richard Technology Co. Ltd. to Build Richland International Hospital Project in Kunming City, Yunnan, China

YUNNAN, China, Nov 16, 2006 (PrimeZone Media Network via COMTEX News Network) — China Health Management Corp. (CHMC) (Pink Sheets:CNHC), a Nevada Corporation, is pleased to announce that the Company has completed signing a joint venture agreement with Richard Technology Co. Ltd. of China to build Yunnan’s first high-end hospital in China. Richard Technology Co. Ltd. (RTCL) is a holding company based in Yunnan, China. RCTL has received exclusive healthcare and medical licenses from federal, provincial and municipal governments of China for operating a hospital and a medical center in Yunnan, China. The Richland International hospital project in Kunming City has commenced construction of its infrastructure and is expecting completion of construction at the end of the first quarter 2007.