[] [Partnership Agreement Beijing Hongyuan Recycling Energy Investment Center (Limited Partner) July, 2013 Beijing, China Contents 1. Definition 5 2. Name and Location of Business for the Partnership Enterprise 7 2.1 Name 7 2.2 Location of Business 7 3. Purpose of Partnership and Scope of Business 8 3.1 Purpose of Partnership 8 3.2 Scope of Business 8 3.3 Investment Direction and] [Agreement for Entrusted Loan (Applicable for Corporate Banking) Number: 073001-1 (2013) Entrusted Loan for Enterprises in Shaanxi, Industrial Bank Co., Ltd Trustor: Beijing Hongyuan Recycling Energy Investment Center (limited partnership) th Address: Room 9, 6 Representative: Zhang Zhong Contact: Xie Fei nd Postal Address: 201, 2 Zip Code: 100033 Telephone: 010-88013628 Fax: 010-88085340 Trustee: Xi’an Branch, Industrial Bank Co., Ltd] [Boxing P Generation EPC Contract for Employer (Party A): Xi’an Zhonghong New Energy Technology Co., Ltd Contractor (Party B): Xi’an Huaxin New Energy Co., Ltd Date signed: July 22, 2013 Signed at: Xi’an Section One, Agreement Employer: Xi’an Zhonghong New Energy Technology Co., Ltd (Party A) Contractor: Xi’an Huaxin New Energy Co., Ltd (Party B) 1. Party A, as the] [P Generation EPC Contract for Xuzhou Tianyu Group Employer (Party A): Xi’an Zhonghong New Energy Technology Co., Ltd Contractor (Party B): Xi’an Huaxin New Energy Co., Ltd Date signed: July 22, 2013 Signed at: Xi’an Section One Agreement Employer: Xi’an Zhonghong New Energy Technology Co., Ltd (Party A) Contractor: Xi’an Huaxin New Energy Co., Ltd (Party B) 1. Party A,] [Xi’an Zhonghong New Energy Technology Co., Ltd. Jiangsu Tianyu Energy and Chemical Group Co., Ltd. Cooperation Agreement July 2013 Cooperation Agreement Coke Dry Quenching (CDQ) and CDQ Waste Heat Power Generation Project Party A: Xi’an Zhonghong New Energy Technology Co., Ltd. Legal Representative: Ku Guohua Party B: Jiangsu Tianyu Energy and Chemical Group Co., Ltd. Legal Representative: Teng Daochun After] [Xi’an Zhonghong New Energy Technology Co., Ltd. Boxing County Chengli Gas Supply Co., Ltd. Project Cooperation Agreement July 2013 Cooperation Agreement Coke Dry Quenching (CDQ) and CDQ Waste Heat Power Generation Project Party A: Xi’an Zhonghong New Energy Technology Co., Ltd. Legal Representative: Ku Guohua Xi’an Zhonghong New Energy Technology Co., Ltd. is a subsidiary of Xi’an TCH Energy Technology] [Supplemental Agreement Party A: Boxing County Chengli Gas Supply Co., Ltd. Party B: Xi’an Zhonghong New Energy Technology Co., Ltd. Whereas, Party B is responsible for the operation of the project upon its completion, including maintenance of CDQ main equipment and staff remuneration, etc., but Party B lacks of operation experience. Based on mutual benefits and friendly negotiation, both parties] [CERTIFICATIONS I, Guohua Ku, certify that: 1. I have reviewed this Quarterly Report on Form 10-Q of China Recycling Energy Corporation; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements] [CERTIFICATIONS I, David Chong, certify that: 1. I have reviewed this Quarterly Report on Form 10-Q of China Recycling Energy Corporation; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements] [18 U.S.C. SECTION 1350, SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 (2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company. November 14, 2013 Guohua Ku Chairman of the Board and Chief Executive Officer] [18 U.S.C. SECTION 1350, SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 (2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company. November 14, 2013 David Chong Chief Financial Officer and Secretary]