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0.120141342756184 0.144876325088339 0.0879858657243815 0.0660777385159008 0.0247349823321553 0.0558303886925794 0.0689045936395758 0.0328621908127208
Stock impact report

China Recycling Energy Corporation Provides Update on Acquisition Progress of Xi’an Yineng Zhihui Technology Co., Ltd.

Smart Powerr Corp. (CREG) 
US:NASDAQ Investor Relations: creg-cn.com/en
Company Research Source: GlobeNewswire
XI'AN, China, Dec. 17, 2019 (GLOBE NEWSWIRE) -- China Recycling Energy Corporation (Nasdaq: CREG) ("CREG" or "the Company"), an industrial waste-to-energy solution provider in China, today provided an update on the Company’s potential acquisition of Xi’an Yineng Zhihui Technology Co., Ltd. ("YNZH"), a next generation energy storage solution provider in China. The Company has formally completed its evaluation and due diligence on YNZH. The Company engaged Beijing Zhongqin Yongli Asset Evaluation Co., Ltd., an independent valuation advisor, to conduct the valuation appraisal of YNZH. Subsequently, the Company will negotiate a definitive purchase agreement (“Agreement”) for the acquisition.             Mr. Guohua Ku, Chairman and Chief Executive Officer of CREG, said, “Our acquisition plan for YNZH is proceeding as scheduled. With our extensive investment and operational experience in recycling power stations, we are delighted to, join forces with what we believe to be the next gen Show less Read more
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