China Recycling Energy Corporation is engaged in the recycling energy business, providing energy savings and recycling products and services. Its business is primarily conducted through the wholly-owned subsidiary, Sifang Holdings and its wholly-owned subsidiaries, Shanghai TCH and Shanghai TCH鈥檚 wholly-subsidiaries, Xi鈥檃n TCH Energy Technology Company, Ltd, Xingtai Huaxin Energy Tech Co., Ltd., Xi鈥檃n TCH鈥檚 80% owned subsidiary Erdos TCH, and Sifang Holding鈥檚 subsidiary, Huahong New Energy Technology Co., Ltd. On April 14, 2009, the Company incorporated a joint venture with Erdos Metallurgy Co., Ltd. to recycle waste heat from Erdos's metal refining plants to generate power and steam.

China Recycling Energy Corporation is engaged in the recycling energy business, providing energy savings and recycling products and services. Its business is primarily conducted through the wholly-owned subsidiary, Sifang Holdings and its wholly-owned subsidiaries, Shanghai TCH and Shanghai TCH’s wholly-subsidiaries, Xi’an TCH Energy Technology Company, Ltd, Xingtai Huaxin Energy Tech Co., Ltd., Xi’an TCH’s 80% owned subsidiary Erdos TCH, and Sifang Holding’s subsidiary, Huahong New Energy Technology Co., Ltd. On April 14, 2009, the Company incorporated a joint venture with Erdos Metallurgy Co., Ltd. to recycle waste heat from Erdos's metal refining plants to generate power and steam.