Smart Powerr Corp. — Director's Dealing 2010

May 10, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHINA RECYCLING ENERGY CORP (CREG)
CIK: 0000721693
Period of Report: 2009-11-11

Reporting Person: Wu Zhigang (Vice President)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-11-11	Employee Stock Option	$2.35	A	50000	Acquired	2014-11-11	Common Stock (50000)	Direct

Footnotes

F1: The options vest as to 15% of the total shares subject to the option on the six month anniversary of the grant date, 15% on
the first anniversary of the grant date, 50% on the second anniversary of the grant date and the remaining 20% on the third
anniversary of the grant date.