Smart Powerr Corp. — Director's Dealing 2011

Jun 24, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHINA RECYCLING ENERGY CORP (CREG)
CIK: 0000721693
Period of Report: 2011-06-10

Reporting Person: Ku Guohua (Director, CEO and Chairman of the Board, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-06-10	Common stock, $.001 par value per share	P	1500	$1.9366	Acquired	18708443	Direct
2011-06-13	Common stock, $.001 par value per share	P	19300	$2.0074	Acquired	18727743	Direct
2011-06-14	Common stock, $.001 par value per share	P	7700	$2.197	Acquired	18735443	Direct
2011-06-16	Common stock, $.001 par value per share	P	8900	$2.1133	Acquired	18744343	Direct
2011-06-17	Common stock, $.001 par value per share	P	5500	$2.1315	Acquired	18749843	Direct
2011-06-20	Common stock, $.001 par value per share	P	4900	$2.0843	Acquired	18754743	Direct
2011-06-21	Common stock, $.001 par value per share	P	2200	$2.1577	Acquired	18756943	Direct

Footnotes

F1: The shares were purchased in multiple transactions at prices ranging from $1.9299 to $1.9399. This amount represents the
weighted average purchase price of such transactions. The reporting person undertakes to provide full information regarding
the number of shares purchased at each separate price upon request by the Securities and Exchange Commission, the Issuer, or
a security holder of the Issuer.

F2: The shares were purchased in multiple transactions at prices ranging from $1.9340 to $2.0950. This amount represents the
weighted average purchase price of such transactions. The reporting person undertakes to provide full information regarding
the number of shares purchased at each separate price upon request by the Securities and Exchange Commission, the Issuer, or
a security holder of the Issuer.

F3: The shares were purchased in multiple transactions at prices ranging from $2.1899 to $2.226. This amount represents the
weighted average purchase price of such transactions. The reporting person undertakes to provide full information regarding
the number of shares purchased at each separate price upon request by the Securities and Exchange Commission, the Issuer, or
a security holder of the Issuer.

F4: The shares were purchased in multiple transactions at prices ranging from $2.06 to $2.14. This amount represents the weighted
average purchase price of such transactions. The reporting person undertakes to provide full information regarding the
number of shares purchased at each separate price upon request by the Securities and Exchange Commission, the Issuer, or a
security holder of the Issuer.

F5: The shares were purchased in multiple transactions at prices ranging from $2.08 to $2.1819. This amount represents the
weighted average purchase price of such transactions. The reporting person undertakes to provide full information regarding
the number of shares purchased at each separate price upon request by the Securities and Exchange Commission, the Issuer, or
a security holder of the Issuer.

F6: The shares were purchased in multiple transactions at prices ranging from $2.0719 to $2.096. This amount represents the
weighted average purchase price of such transactions. The reporting person undertakes to provide full information regarding
the number of shares purchased at each separate price upon request by the Securities and Exchange Commission, the Issuer, or
a security holder of the Issuer.

F7: The shares were purchased in multiple transactions at prices ranging from $2.13 to $2.1899. This amount represents the
weighted average purchase price of such transactions. The reporting person undertakes to provide full information regarding
the number of shares purchased at each separate price upon request by the Securities and Exchange Commission, the Issuer, or
a security holder of the Issuer.