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OFFON

CHINA RECYCLING ENERGY CORPORATION

(CREG)
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Business Summary
Logo China Recycling Energy Corporation
China Recycling Energy Corporation is a China-based company principally engaged in the recycling energy business. The Company offers waste energy recycling systems to companies for use in iron and steel, nonferrous metal, cement, coal and petrochemical plants. Its waste pressure-to-energy solution consists of the blast furnace top gas recovery turbine unit (TRT), a system that utilizes high pressure gas emitted from the blast furnace top to drive turbine units and generate electricity. Its waste heat-to-energy solution consists of heat power generation projects for applications in cement, steel, coking coal and nonferrous metal industries, which collect the residual heat from various manufacturing processes, such as the entrance and exit ends of the cement rotary kilns, to generate electricity. Its waste gas-to-energy solution primarily consists of the Waste Gas Power Generation system (WGPG) and the Combined Cycle Power Plant (the CCPP).

Number of employees : 16 people.
Sales per Business
20192020Delta
Energy Saving Solutions and Services0.70100%---
USD in Million
Sales per region
20192020Delta
China0.70100%---
USD in Million
Managers
Name Title Age Since
Guo Hua Ku Chairman & Chief Executive Officer 58 2004
Yong Jiang Shi Chief Financial Officer & Vice President 45 2019
LuLu Sun Independent Director 41 2015
Xiaoping Guo Independent Director 67 2017
Zhongli Liu Independent Director 60 2020
Bin Feng Gu Secretary 42 2019
Ge Yun Wang Vice President 52 2021
Members of the board
Name Title Age Since
Guo Hua Ku Chairman & Chief Executive Officer 58 2004
LuLu Sun Independent Director 41 2015
Xiaoping Guo Independent Director 67 2017
Zhongli Liu Independent Director 60 2020
Yan Zhan Executive Director 46 2021
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 6,926,802 3,522,065 50.8% 0 0.0% 50.8%
Shareholders
NameEquities%
Guo Hua Ku 1,284,477 19.1%
Forever Inherit Group Hk Ltd. 1,000,000 14.9%
Keen Merit Investments, Ltd. 440,000 6.54%
Eastern Good Investments, Ltd. 440,000 6.54%
Lead Crest Investments, Ltd. 440,000 6.54%
The Carlyle Group LP (Corporate Private Equity) 124,659 1.85%
The Carlyle Group LP (Global Private Equity) 39,480 0.59%
HRT Financial LLC 34,942 0.52%
Virtu Financial BD LLC 27,540 0.41%
Heights Capital Management, Inc. 23,236 0.35%
Company contact information
China Recycling Energy Corp.
4/F, Tower C
Rong Cheng Yun Gu Building
Keji 3rd Road, Yanta District
Xi'an, Shaanxi 710068

Phone : +86.29.8769.1097
Fax : +86.29.8765.1099
Web : http://www.creg-cn.com
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