CREG [CHINA RECYCLING ENERGY] 8-K: (Original Filing)
[Shenqiu 12,000KW Biomass Power Generation Assets Transfer Agreement This agreement is signed by Xi’an TCH Energy Technology Co., Ltd. and Shenqiu Yuneng Thermal Power Co., Ltd on September 28, 2011 Location: Xi’an City, Shaanxi Province, China Shenqiu 12,000KW Biomass Power Generation Assets Transfer Agreement Tranferor: Shenqiu Yuneng Thermal Power Co., Ltd. (hereinafter as “Party A”) Legal representative: Wang Geyun (] [Xi’an TCH Energy Technology Co., Ltd. Shenqiu Yuneng Thermal Power Co., Ltd Biomass Power Generation Project Lease Agreement September, 2011 1 Biomass Power Generation Project Lease Agreement Lessor Legal representative: Ku Guohua Leasee Legal representative: Wang Geyun Whereas: 1. In order to improve the efficiency of assets operation and decrease the management cost, Party A agrees Party B to lease] [Item 1.01. Entry into a Material Definitive Agreement On September 28, 2011, Xi’an TCH Energy Technology Co., Ltd (“Xi’an TCH”), a wholly owned subsidiary of China Recycling Energy Corporation (the “Company”) entered into a Biomass Power Generation Asset Transfer Agreement (the “Transfer Agreement”) with Shenqiu Yuneng Thermal Power Co., Ltd. (the “Seller”), a limited liability company in China. The Transfer]