China Bio Energy Holdings Group to Present at the Eighth Annual JMP Securities Research Conference in San Francisco on May 20, 2009 at 1:00pm PT

XI’AN, China, May 12 /PRNewswire-Asia-FirstCall/ — China Bio Energy
Holdings Group (OTC Bulletin Board: CBEH), a leading integrated bio-diesel
producer & distributor and wholesale distributor and processor of heavy oil
and finished oil products in China, today announced that the Company will
present at the Eighth Annual JMP Securities Research Conference at the
Ritz-Carlton in San Francisco. Mr. Alex Gong, VP of Capital Markets, and Mr.

Mr. Alex Gong and Mr. Albert Pu will participate in one-on-one meetings
with conference attendees throughout the day on May 20, 2009. They will
discuss the Company’s products, its distribution footprint and customer base,
the competitive landscape, environmental regulations that are driving demand
for biodiesel product, recent financial results of the Company, and the
Company’s long term growth strategy.

Registration is mandatory. For more information on the conference, contact
your JMP Securities representative or to register please visit
http://www.twstevent.com/jmp.html or contact Linle Froeb at
LFroeb@LJFevents.com.

About China Bio Energy Holdings Group

CBEH is a distributor of refined oil products including gasoline, diesel,
and heavy oil, and a manufacturer and distributor of bio-diesel fuel. CBEH’s
bio-diesel fuel is made at its 100,000-ton capacity facility in Shaanxi
Province. Feedstock consists of naturally growing non-edible seeds and waste
oil from restaurants. CBEH’s bio-diesel can be used as a complete substitute
for petro-diesel or can be blended with petro-diesel. The Company’s products
are sold via its own distribution network, which includes four fuel depots in
Shaanxi Province that have both road and rail access.

Cautionary Statement Regarding Forward-Looking Information

The upcoming presentations and discussions may contain forward-looking
information about the Company. Forward-looking statements are statements that
are not facts. These statements can be identified by the use of forward-
looking terminology such as “believe,” “expect,” “may,” “will,” “should,”
“project,” “plan,” “seek,” “intend,” or “anticipate” or the negative thereof
or comparable terminology, and statements which may include discussions of
strategy, and statements about industry trends future performance, operations
and products of each of the entities referred to above. Actual performance
results may vary significantly from expectations and projections as a result
of various factors, including without limitation and the risks set forth “Risk
Factors” contained in the Company’s Annual Reports on Form 10-K, Quarterly
Reports on Form 10-Q, and the Registration Statement on Form S-1 and the
amendments thereto filed with the Securities and Exchange Commission.

    For more information, please contact:

    China Bio Energy Holdings Group
     Alex Gong, VP of Capital Market
     Tel:   +86-136-0127-9912
     Email: alexgong08@gmail.com
     Web:   http://www.cbeh.net.cn

    OR

    HC International, Inc.
     Ted Haberfield, Executive VP
     Tel:   +1-760-755-2716
     Email: thaberfield@hcinternational.net
     Web:   http://www.hcinternational.net

SOURCE China Bio Energy Holdings Group