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    China Recycling Energy Corporation (CREG)

    0.31 Down 0.03(9.15%) 3:59PM EST
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    China Recycling Energy Corporation
    Chang An International Building
    Tower A
    Xi'an City, 710068
    China - Map
    Phone: 86 29 8769 1097
    Website: http://www.creg-cn.com

    Index Membership:N/A
    Sector:Industrial Goods
    Industry:Waste Management
    Full Time Employees:180

    Business Summary 

    China Recycling Energy Corporation engages in the recycling energy business in China. It designs, finances, constructs, operates, and transfers waste energy recycling projects to mid- to large-size enterprises involved in high energy-consuming businesses. The company offers waste pressure to energy systems, including the blast furnace top gas recovery turbine unit, a system that utilizes high pressure gas emitted from the blast furnace top to drive turbine units and generates electricity; and waste heat-to-energy solutions, such as heat power generation projects for applications in cement, steel, coking coal, and nonferrous metal industries, which collect the residual heat from various manufacturing processes. It also provides waste gas-to-energy solution comprising the waste gas power generation system (WGPG) that utilizes flammable waste gas from coal mining, petroleum exploitation, refinery processing, or other sources as a fuel source to generate electricity; and the combined cycle power plant (CCPP), which employs power generating cycle to utilize the waste gas that generates electricity by burning the flammable waste gas in a gas turbine, as well as uses the waste heat from burning the gas and waste heat to make steam to generate additional electricity through a steam turbine. In addition, the company offers biomass power generation systems (BMPG); and waste heat power generation (WHPG) systems. It has five recycling WHPG systems, four BMPG systems, one WHPG system, two BPRT systems, and one WGPG system. The company was formerly known as China Digital Wireless, Inc. and changed its name to China Recycling Energy Corporation in March 2007. China Recycling Energy Corporation was incorporated in 1980 and is headquartered in Xi’an City, China.

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    Key Executives 
    Mr. Ku Guohua , 54
    Chairman and Chief Exec. Officer
    Mr. David Chong , 53
    Mr. Jackie Shi , 41
    Chief Financial Officer and Sec.
    Mr. Lanwei Li , 34
    Chief Operating Officer, VP and Director of Bus.
    Mr. Bohan Zhang , 48
    VP of Accounting
    Amounts are as of Dec 31, 2014 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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