China Recycling Energy Corporation (CREG)

1.1100 -0.0400 (-3.48%) At close: 04:00PM EDT

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 1097
https://www.creg-cn.com

Sector(s): Utilities
Industry: Utilities - Renewable
Full-time employees: 14

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Guohua Ku	Chairman & CEO	30.42k	N/A	1962
Ms. Binfeng Gu	Secretary	23.66k	N/A	1978
Mr. Yongjiang Shi	VP & CFO	32.24k	N/A	1975
Mr. Bohan Zhang	Vice President of Accounting	N/A	N/A	1968
Mr. Yan Zhan	Executive Director	N/A	N/A	1974

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Smart Powerr Corp. engages in the waste energy recycling business in China. The company provides energy saving and recovery facilities for various energy intensive industries; waste energy recycling systems for use in nonferrous metal plants; and clean-technology and energy-efficient solutions to reduce air pollution and energy shortage. It also designs, finances, constructs, and installs the waste energy recycling project to mid to large-size enterprises involved in high energy-consuming businesses; and provides project investment, investment management, economic information consulting, technical, financial leasing, and financial leasing transactions consulting services; purchases, repairs, and disposes financial leasing assets; sells and leases energy saving systems and equipment. In addition, the company offers waste gas-to-energy solutions comprising the waste gas power generation system that utilizes flammable waste gas to generate electricity; and flammable waste gases emitted from industrial production processes, such as blast furnace gas, and coke furnace gas, oil or gas to power gas-fired generators, as well as uses the waste heat from burning the gas to make steam to generate electricity through a steam turbine. Further, it markets its projects to the industrial manufacturers to utilize energy recovery projects in their manufacturing processes, including steel, cement, nonferrous metal, coal, and petrochemical industries. The company was formerly known as China Recycling Energy Corporation and changed its name to Smart Powerr Corp. in March 2022. Smart Powerr Corp. 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 10 indicates higher governance risk.