<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>3
<FILENAME>creg8kex991082407.txt
<TEXT>
Form 8-K Exhibit 99.1
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August 23, 2007


Board of Directors
China Recycling Energy Corporation
429 Guangdong Road
Shanghai, China 200001


Dear Board of Directors of China Recycling Energy Corporation


I hereby  resign my  position as the member of the Board of  Directors  of China
Recycling  Energy  Corporation  (the  "Company") and the member of any committee
thereof,  effective  August 23,  2007.  I also resign my position as  President,
Chairman and the Chief Technology Officer of the Company at the same time.

This resignation is not the result of any disagreement with the Company.  I have
no claim against the Company for fees or compensation relating to my services. I
enjoyed my term serving the Board and the Company.  I sincerely wish the Company
continued  success,  and I want to thank you for all the  support you have given
me.  Please  feel  free  to  contact  me at  any  time  if I can  be of  further
assistance.



                                             Sincerely,



                                   Signature:

                                             /s/Guohua Ku
                                             ------------
                                             Guohua Ku



</TEXT>
</DOCUMENT>
