Smart Powerr Corp.

Smart Powerr Corp.

OOTC:CREG
0.00
USD
-0.18
(-97.60%)
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Guo Hua Ku
Full Time Employees
22
Sector
Utilities
Industry
Electric utilities
Address
Xi'an China
Business
Smart Powerr Corp. (OTC: CREG) is an energy efficiency and clean technology company that specializes in the design, development, financing, construction, and operation of industrial waste energy recycling systems and distributed energy storage solutions. Originally incorporated in 1980 and headquartered in Xi'an, Shaanxi Province, China, the company conducts its primary operations across the People's Republic of China through its operating subsidiaries, including Xi'an TCH Energy Technology Co., Ltd. and Xi'an Zhonghong New Energy Technology Co., Ltd. Smart Powerr Corp. serves energy-intensive industrial clients across the iron, steel, metallurgy, coking, cement, chemical, and petrochemical sectors. The company's core product and service portfolio comprises Blast Furnace Top Gas Recovery Turbine (TRT) systems that utilize high-pressure exhaust gas from blast furnaces to generate electricity; Coke Dry Quenching (CDQ) waste heat power generation systems designed to capture sensible heat from hot coke to produce steam and electricity; Blast Furnace Power Recovery Turbine (BPRT) combined-cycle units; low-temperature waste heat power generation systems for cement and nonferrous metal production; flammable waste gas power generation units utilizing blast furnace gas, coke oven gas, and coalbed methane; commercial and industrial lithium iron phosphate (LFP) battery energy storage systems (BESS); distributed photovoltaic (PV) and energy storage integration systems; intelligent energy management software platforms; ultra-fast electric vehicle (EV) charging facilities; and turnkey engineering, procurement, construction (EPC), project financing, and Build-Operate-Transfer (BOT) project operation services. In recent strategic developments, the company changed its name from China Recycling Energy Corporation to Smart Powerr Corp. to reflect its expanded focus on advanced energy systems. Smart Powerr Corp. has strategically pivoted toward commercial and industrial energy storage and smart microgrid infrastructure, entering into a strategic cooperation agreement with Shidai Huazhi (Jiangsu) Energy Technology Co., Ltd. to deploy integrated PV, battery storage, and ultra-fast charging projects. Additionally, the company has restructured its capital position through registered direct and private equity financings, enacted a 1-for-10 reverse stock split, and transitioned its common stock trading to the over-the-counter (OTC) market.