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CREG~~Mr. Guohua Ku, Chairman and Chief Executive Officer of CREG, said, "Our acquisition plan for YNZH is proceeding as scheduled. With our extensive investment and operational experience in recycling power stations, we are delighted to, join forces with what we believe to be the next generation of advanced energy storage solutions provided by YNZH. With this collaboration, CREG will be poised to pursue new growth opportunities, and secure a leading position in the energy storage industry, which will eventually maximize shareholder value."
CREG~~in 2017 run from $1.20 to $9.39 PPS in the same day, LOAD UP FELLAS
CREG~.35,,"I can't imagine a more exciting time to be the CFO of CREG," said Mr. Shi. "Smart power storage solutions are revolutionizing the global energy landscape. With CREG's recent strategic transition, the Company is well poised to lead this industry transformation in China and abroad. I believe the potential for growth and value creation is tremendous, given the smart and passionate people that I have already known in the Company supported by a strong technology portfolio that when executed, will generate returns for our clients and shareholders."
CHINA RECYCLING ENERGY - ENGAGED BEIJING ZHONGQIN YONGLI ASSET EVALUATION CO., AN INDEPENDENT VALUATION ADVISOR, TO CONDUCT VALUATION APPRAISAL OF YNZH Source text for Eikon
* CHINA RECYCLING ENERGY CORPORATION PROVIDES UPDATE ON ACQUISITION PROGRESS OF XI’AN YINENG ZHIHUI TECHNOLOGY CO., LTD.
CREG is DUE for China Recycling Energy Corporation To Negotiate A Definitive Purchase Agreement For Acquisition Of Xi'an Yineng Zhihui Technology
CREG~~in 2 weeks KABOOM,CHINA stocks will be crazyy wild runners
Press Release: China Recycling Energy Corporation Provides Update on Acquisition Progress of Xi'an Yineng Zhihui Technology Co., Ltd.
9:26 am ET December 17, 2019 (Dow Jones) Print
China Recycling Energy Corporation Provides Update on Acquisition Progress of Xi'an Yineng Zhihui Technology Co., Ltd.
XI'AN, China, Dec. 17, 2019 (GLOBE NEWSWIRE) -- China Recycling Energy Corporation (Nasdaq: CREG) ("CREG" or "the Company"), an industrial waste-to-energy solution provider in China, today provided an update on the Company's potential acquisition of Xi'an Yineng Zhihui Technology Co., Ltd. ("YNZH"), a next generation energy storage solution provider in China.
The Company has formally completed its evaluation and due diligence on YNZH. The Company engaged Beijing Zhongqin Yongli Asset Evaluation Co., Ltd., an independent valuation advisor, to conduct the valuation appraisal of YNZH. Subsequently, the Company will negotiate a definitive purchase agreement ("Agreement") for the acquisition.
Mr. Guohua Ku, Chairman and Chief Executive Officer of CREG, said, "Our acquisition plan for YNZH is proceeding as scheduled. With our extensive investment and operational experience in recycling power stations, we are delighted to, join forces with what we believe to be the next generation of advanced energy storage solutions provided by YNZH. With this collaboration, CREG will be poised to pursue new growth opportunities, and secure a leading position in the energy storage industry, which will eventually maximize shareholder value."
About Xi'an Yineng Zhihui Technology Co., Ltd.
Xi'an Yineng Zhihui Technology Co., Ltd. is a leading comprehensive high-tech intelligent energy service company integrated with energy efficiency improvement and storage management in China. The energy efficiency management is to fully use big data cloud computing technology, effectively adopt the combination of the mature international and domestic clean energy technologies to make the customers' energy management more efficient, more economical, more secure and more scientific.
Xi'an Yineng Zhihui Technology Co., Ltd. has a research and development team consisting of domestic first-class intelligent energy experts and experienced technical engineers who have many years of experience in energy efficiency reform and improvement and have strong strengths in project implementation, research and development, and innovation of technology. It has established long-term cooperative relations with BTR (the largest supplier of anode and cathode materials in the world controlled by China Bao'an Group), the National Electric Power Investment Group, TGOOD (China's largest operator of charging stations) and other well-known universities and national level research institutes in China. It is an intelligent energy service provider with comprehensive project execution ability.
Application scenarios of YNZH products and services: (1) In the industrial areas, it has signed orders for energy storage projects for nearly RMB 2 billion (approximately $285 million), accounting for about 1% of the total energy storage technology applications in the industrial areas in China. After these projects are completed, they could generate RMB 300 million (approximately $42 million) of cash flow for YNZH every year; (2) In the area of new energy vehicle charging - storage technology application, YNZH has developed business with its strategic partner TGOOD to install energy storage module unit for nearly 110,000 charging stations invested and built by TGOOD as well as its platform management service, which accounts for 41% of the total charging stations built in China with an annual electricity charging for nearly 1.5 billion kilowatt-hour; (3) Reduce the problems of "solar and wind power generation systems" for new energy power generation enterprises in northwest and north China by reducing the impact of sudden changes of electricity generated by photovoltaic and wind power generation systems to the power grid through energy storage technology.
Contact
Cathy Loos
Impact IR
Email: cathyloos@irimpact.com
Phone: +1-347-334-4135
(END) Dow Jones Newswires
December 17, 2019 09:26 ET (14:26 GMT)
Press Release: China Recycling Energy Corporation Appoints Chief Financial Officer
8:30 am ET December 19, 2019 (Dow Jones) Print
China Recycling Energy Corporation Appoints Chief Financial Officer
XI'AN, China, Dec. 19, 2019 (GLOBE NEWSWIRE) -- China Recycling Energy Corporation (Nasdaq: CREG) ("CREG" or "the Company"), an industrial waste-to-energy solution provider in China, today announced that Mr. Jackie Shi has been appointed to the position of Chief Financial Officer.
"We are delighted to have Jackie rejoin the CREG executive team," said Mr. Guohua Ku, CEO and Chairman of the Board of CREG. "Jackie brings financial, strategic, management and executive leadership skills that will be a tremendous asset to CREG as we drive our next phase of growth and profitability. At this time, we would also like to thank Adeline Gu for her tenacious efforts to CREG in its finance operations and look forward to her contributions as Secretary to the Board of Directors and Assistant to the CFO. "
Mr. Shi has nearly 18 years of executive finance experience at leading energy and technology companies. He recently served as advisor to the Board of Directors of the Company since September 28, 2016 and served as the CFO of the CREG from May 16, 2015 to September 27, 2016. Prior to this role, Mr. Shi had joined Xi'an TCH Energy Technology Company, Ltd., a wholly owned subsidiary of the Company in 2014 as a VP of Finance and he previously worked as the Director of Investor Relations for Xiaan Natural Gas Group from 2005 to 2014. He studied professional accounting at the University of New South Wales, Australia from 2001 to 2003, and was awarded his master's degree of finance in 2003. He studied public administration in Northwest University of China from 1994 to 1998 and obtained his bachelor's degree of law in 1998.
"I can't imagine a more exciting time to be the CFO of CREG," said Mr. Shi. "Smart power storage solutions are revolutionizing the global energy landscape. With CREG's recent strategic transition, the Company is well poised to lead this industry transformation in China and abroad. I believe the potential for growth and value creation is tremendous, given the smart and passionate people that I have already known in the Company supported by a strong technology portfolio that when executed, will generate returns for our clients and shareholders."
About China Recycling Energy Corp.
China Recycling Energy Corporation (Nasdaq: CREG) ("CREG" or "the Company") is based in Xi'an, China and provides environmentally friendly waste-to-energy technologies to recycle industrial byproducts for steel mills, cement factories and coke plants in China. Byproducts include heat, steam, pressure, and exhaust to generate large amounts of lower-cost electricity and reduce the need for outside electrical sources. The Chinese government has adopted policies to encourage the use of recycling technologies to optimize resource allocation and reduce pollution. Currently, recycled energy represents only an estimated 1 percent of total energy consumption and this renewable energy resource is viewed as a growth market due to intensified environmental concerns and rising energy costs as the Chinese economy continues to expand. The management and engineering teams have over 20 years of experience in industrial energy recovery in China.
Safe Harbor Statement
This press release may contain certain "forward-looking statements" relating to the business of CREG and its subsidiary companies. All statements, other than statements of historical fact included herein are "forward-looking statements." These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including, but not limited to, the risks and uncertainties associated with market conditions and the satisfaction of customary closing conditions relating to the registered direct offering and those discussed in the Company's annual and periodic reports that are filed with the Securities and Exchange Commission and available on its website at www.sec.gov. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.
Contact
Cathy Loos
Impact IR
Email: cathyloos@irimpact.com
Phone: +1-347-334-4135
(END) Dow Jones Newswires
December 19, 2019 08:30 ET (13:30 GMT)
CREG chart amazing to break
CREG .345,in 2017 run to $9.00 +++ asme SS,NEWS coming,load the cheapest now
* * $CREG Video Chart 12-13-2019 * *
Link to Video - click here to watch the technical chart video
The news is the phase 1 China Trump trade deal is passing
And why would you pay a massive premium for a stock when there is no news?
Nice job...been waiting silently. Tomorrow should be interesting indeed with the cup and handle formation. HOLD for upper .40's.
Should spike tomorrow
Jumped up after hours .24 to .344
Nice move today...looking for a move to .30's early next week. JMO
News: $CREG China Recycling Energy Corporation Receives Extension of Compliance Period from NASDAQ
XI'AN, China, Dec. 02, 2019 (GLOBE NEWSWIRE) -- China Recycling Energy Corporation (Nasdaq: CREG ) ("CREG" or "the Company"), an industrial waste-to-energy solution provider in China, today announced that the Company received a letter from Nasdaq Stock Market (“NASDAQ”) that ...
Find out more CREG - China Recycling Energy Corporation Receives Extension of Compliance Period from NASDAQ
* * $CREG Video Chart 10-15-2019 * *
Link to Video - click here to watch the technical chart video
News: $CREG China Recycling Energy Corp Signs Letter of Intent to Acquire Xi'an Yineng Zhihui Technology Co., Ltd.
Xian, China, Sept. 10, 2019 (GLOBE NEWSWIRE) -- China Recycling Energy Corp. (NASDAQ: CREG; "CREG" or "the Company"), a leading industrial waste-to-energy solution provider in China, today announced that Shanghai TCH Energy Technology Co., Ltd. (“Shanghai TCH”), the Company...
In case you are interested CREG - China Recycling Energy Corp Signs Letter of Intent to Acquire Xi'an Yineng Zhihui Technology Co., Ltd.
* * $CREG Video Chart 08-26-2019 * *
Link to Video - click here to watch the technical chart video
Arci sympathy play ;) lol
What a lame thing to post on this board, guessing the reality is you'd immediately piss yourself if he confronted you with that. LMAO
News: $CREG China Recycling Energy Corp. Announces the Agreement of Intent with Qingzhou Taihuacheng to Build the Energy Storage Power Station
Xian, China, March 28, 2019 (GLOBE NEWSWIRE) -- China Recycling Energy Corp. (NASDAQ: CREG; "CREG" or "the Company"), a leading industrial waste-to-energy solution provider in China, today announced that today, Shanghai TCH Energy Technology Co., Ltd. (“Shanghai TCH”), a wholl...
Read the whole news https://marketwirenews.com/news-releases/china-recycling-energy-corp-announces-the-agreement-of-intent-with-qingzhou-taihuacheng-to-build-the-energy-storage-power-station-7905566.html
Back for my same 1000 share entry. Possible move here.
In for 1000 shares eod until tomorrow sometime.
Haha agreed, I know not too many people like him.
By the way Clay if we see you around town, we’re gonna beat your ass.
We all hate you Clay and your Greed. But at least you know CREG is going to run tmrw.
* * $CREG Video Chart 01-30-2019 * *
Link to Video - click here to watch the technical chart video
Load all you can now or cry @ 2.00 Very Soon!
* * $CREG Video Chart 12-31-18 * *
Link to Video - click here to watch the technical chart video
Realistic Bounce PT 1.36 - 1.40 Then 2.00 If Strong Buying Pressure due to Battered Chinese Stocks is concerned, We have a Catalyst, Sector Wide Chinese stock Rally!!!
Breaking 1.00 Lets gooooo $$$$
Lock your shares now @ 2.00 FOMO is on then Panic Buying Begins above 1.00 $$$$
ALL IN @ .75 $$$$ See ya @ 2.00 Chinese Stocks Exploding!!! $$$$ BOOM!
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