China Energy Corp (OTC BB:CHGY)

CHGY reverse split may be on the horizon:

To the Stockholders of China Energy Corporation:

This Notice and the accompanying Information Statement are being furnished to the stockholders of China Energy Corporation, a Nevada corporation (the “Company”), in connection with the approval of resolutions by the Company’s Board of Directors (“Board”) and action taken by the holders of a majority of the issued and outstanding voting securities of the Company, approving amendments to our Articles of Incorporation (the “Articles of Incorporation”) to (i) effect a reverse stock split of our common stock on the basis of one share for every three outstanding shares (the “Reverse Split”),  (ii) provide for a class of blank check preferred stock, (iii) confirm the number of directors that can be nominated to the board of the Company and (iv) make additional changes to the Articles of Incorporation as hereafter described in this Information Statement.  The implementation of the Reverse Split will be taken at such future date as determined by the Board of Directors, as evidenced by a filing with the Secretary of State of the State of Nevada, but in no event earlier than the 20th day after this Information Statement is mailed or furnished to the stockholders of record as of November 2, 2010.  Moreover, although the Reverse Split has been approved by the requisite number of stockholders, the Board reserves the right, in its discretion, to abandon the Reverse Split prior to the proposed effective date if it determines that abandoning the Reverse Split is in the best interests of the Company. The resolutions adopted by the Board and the written consents of the stockholders give us the authority to file a Certificate of Amendment reflecting the specific changes to the Articles of Incorporation (“Certificate of Amendment”) and a separate Amended and Restated Articles of Incorporation substantially in the form attached hereto as Exhibit A.