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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0001010549-08-000149.txt : 20080811
<SEC-HEADER>0001010549-08-000149.hdr.sgml : 20080811
<ACCEPTANCE-DATETIME>20080306170026
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0001010549-08-000149
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20080306

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CHINA RECYCLING ENERGY CORP
		CENTRAL INDEX KEY:			0000721693
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-BUSINESS SERVICES, NEC [7389]
		IRS NUMBER:				900093373
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		CORRESP

	BUSINESS ADDRESS:	
		STREET 1:		SUITE 909, TOWER B, CHANG AN INTL BLDG
		STREET 2:		NO. 88 NAN GUAN ZHENG XIE
		CITY:			XI AN CITY, SHAN XI PROVINCE
		STATE:			F4
		ZIP:			710068
		BUSINESS PHONE:		86-29-8765-1096

	MAIL ADDRESS:	
		STREET 1:		SUITE 909, TOWER B, CHANG AN INTL BLDG
		STREET 2:		NO. 88 NAN GUAN ZHENG XIE
		CITY:			XI AN CITY, SHAN XI PROVINCE
		STATE:			F4
		ZIP:			710068

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CHINA DIGITAL WIRELESS INC
		DATE OF NAME CHANGE:	20040810

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BOULDER ACQUISITIONS  INC
		DATE OF NAME CHANGE:	20020430

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BOULDER BREWING CO
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>CORRESP
<SEQUENCE>1
<FILENAME>filename1.htm
<TEXT>
<html>

<head>
<title></title>
</head>

<body>

<font FACE="Times New Roman"><i>
<div style="border-top-style: solid; border-top-width: 1; padding-top: 1">
  <hr color="#000000" size="5">
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<p align="center"><font size="2">Appendix 1 </font></p>
</i>
<p align="center"><font size="2">Repayment Plan </font></p>
<p><font size="2">To Shanghai TCH Energy Technology Co., Ltd.: </font></p>
<p align="justify"><font size="2">We promised to you in the form of Letter of Undertaking on
December 31, 2007, that we will repay the debt before the end of July 2008.
Since our company was in a period of operation transforming from 2006 to 2007
that we didn't repay in time, we apologize again for any inconvenience caused.
According to the requirements in the letter dated February 14, 2008 from you,
and our recent financing status, the following supplemental repayment plan was
proposed and approved by the Board of Directors of our company: </font></p>
<p><font size="2">1. Repay RMB 6,000,000 before the end of April., 2008 <br>
2. Repay RMB 10,000,000 before the end of May, 2008 <br>
3. Repay RMB 10,908,515.20 before the end of June., 2008 <br>
Total: RMB 26,908,515.20 </font></p>
<p><font size="2">We solemnly and sincerely promise that, if we can't repay in
time, we will bear all the legal responsibility arising there-from. </font></p>
<p><font size="2">Shanghai Sifang Information Technology Co. 02/15/2008 </font>
</p>
<i></i>
<p align="justify">&nbsp;</p>
</font><hr color="#000000" size="5">

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</SEC-DOCUMENT>
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