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0.332443257676903 0.273164218958611 0.415220293724967 0.335113484646195 0.248929238985314 0.245393858477971 0.0978077436582109 0.124966622162884
Stock impact report

China Recycling Energy Corp Signs Letter of Intent to Acquire Xi’an Yineng Zhihui Technology Co., Ltd.

Smart Powerr Corp. (CREG) 
US:NASDAQ Investor Relations: creg-cn.com/en
Company Research Source: GlobeNewswire
Xian, China, Sept. 10, 2019 (GLOBE NEWSWIRE) -- China Recycling Energy Corp. (NASDAQ: CREG; "CREG" or "the Company"), a leading industrial waste-to-energy solution provider in China, today announced that Shanghai TCH Energy Technology Co., Ltd. (“Shanghai TCH”), the Company’s wholly owned subsidiary, has recently entered into a non-binding Letter of Intent (the “LOI”) to acquire controlling ownership of Xi’an Yineng Zhihui Technology Co., Ltd. ("YNZH"), a firm based in Xi’an, Shaanxi Province, specializing in smart energy management platform.   YNZH is a leading operator and service provider of energy storage solution on consumer side with the biggest electricity power storage station on a standalone basis and in terms of total capacity and number of customers being served. With the integration of power generation, distribution, transmission, storage and consumption in alternative energy and smart grid, YNZH utilizes big data, intelligence control, cloud computing and AI et Show less Read more
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