[SHARE PURCHASE AGREEMENT Agreement Company Mr. Ku This SHARE PURCHASE AGREEMENT is dated as of August 27th, 2014 (the “ RECITALS WHEREAS Company Company WHEREAS, Company Company WITNESSETH NOW THEREFORE Share Purchase he Company shall issue and sell to Mr. Ku, and Mr. Ku shall purchase from the Company Company (the "Shares"). The purchase price per share for the Shares] [CREG Chairman Makes Additional Investment of US$18.9 Million XI'AN, China, August 27, 2014 China Recycling Energy Corp. (NASDAQ: CREG or "the Company"), a leading industrial waste-to-energy solution provider in China, today announced that its Chairman and CEO, Mr. Guohua Ku, has entered into a Share Purchase Agreement (“SPA”) with the Company on August 27, 2014 to purchase 13,829,074 shares of] []