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<SEC-DOCUMENT>0001144204-09-021236.txt : 20090417
<SEC-HEADER>0001144204-09-021236.hdr.sgml : 20090417
<ACCEPTANCE-DATETIME>20090417161125
ACCESSION NUMBER:		0001144204-09-021236
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20090413
ITEM INFORMATION:		Entry into a Material Definitive Agreement
FILED AS OF DATE:		20090417
DATE AS OF CHANGE:		20090417

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:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-12536
		FILM NUMBER:		09757043

	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>8-K
<SEQUENCE>1
<FILENAME>v146458_8k.htm
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
(17 CFR 240.13e-4(c))</font></font></div>
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1.01.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Entry
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13, 2009, China Recycling Energy Corporation announced that its wholly owned
subsidiary, Xi&#8217;an TCH Energy Technology Co., Ltd&#160;&#160;(&#8220;Xi&#8217;an TCH&#8221;),
entered into a short-term working capital loan agreement (the &#8220;Loan Agreement&#8221;)
with Industrial Bank Co., Ltd., Xi&#8217;an Branch (the &#8220;Lender&#8221;), whereby the Lender
has agreed to loan RMB 20,000,000 (approximately $2,941,176) to Xi&#8217;an TCH for a
term of one year. The Loan Agreement has a fixed annual interest rate of 5.31%,
and Xi&#8217;an TCH is required to make quarterly interest payments on the outstanding
loan balance.&#160;&#160;The Loan Agreement contains standard representations,
warranties and covenants, and the borrowed funds are to be guaranteed through a
separate guaranty contract with Shanxi Zhongze Investment Co., Ltd.</font></div>
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to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.</font></div>
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              <td valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
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