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China Recycling Energy Corporation (CREG)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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4.3000+0.1300 (+3.12%)
As of 11:44AM EST. Market open.

China Recycling Energy Corporation

Tower C, Rong Cheng Yun Gu Building
4th Floor Keji 3rd Road Yanta District
Xi'an 710075
China
86 29 8765 1098
http://www.creg-cn.com

Sector(s)Utilities
IndustryUtilities—Renewable
Full Time Employees16

Key Executives

NameTitlePayExercisedYear Born
Mr. Guohua KuChairman & CEO33.08kN/A1962
Ms. Binfeng GuSec.22.65kN/A1978
Mr. Yongjiang ShiVP & CFON/AN/A1975
Mr. Bohan ZhangVP of AccountingN/AN/A1968
Mr. Geyun WangVP & Exec. DirectorN/AN/A1968
Mr. Nicholas ShaoAdvisoryN/AN/AN/A
Amounts are as of December 31, 2019 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.

Description

China Recycling Energy Corporation engages in the recycling energy business in China. The company designs, finances, constructs, installs, operates, and transfers waste energy recycling projects to mid- to large-size enterprises involved in high energy-consuming businesses. It provides waste pressure-to-energy solutions, 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 generate 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. The company also offers waste gas-to-energy solutions comprising the Waste Gas Power Generation system 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, 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 to make steam to generate additional electricity through a steam turbine. In addition, it provides project investment, investment management, economic information consulting, technical, financial leasing, and financial leasing transactions consulting services; sells and leases energy saving systems and equipment; and purchases, repairs, and disposes financial leasing assets. 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, China.

Corporate Governance

China Recycling Energy Corporation’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.