0001144204-11-070028 Sample Contracts

Special Loan Agreement for Energy Saving and Emission Reduction of Industrial Bank Co., Ltd.
Special Loan Agreement • December 15th, 2011 • China Recycling Energy Corp • Services-business services, nec

For the purpose of protecting you rights and interests, please read, check and confirm the following items carefully before signing the contract. I. You have the right to sign this contract. In case that other's approval is required by the relevant law, you have already been well authorized; II. You have carefully read and comprehended the contract terms, and have paid special attention to the parts relating to the fulfillment of responsibilities, the exemption or the limitation of Industrial Bank's responsibilities, and the parts written in bold and black; III. Your company and you have well comprehended the connotations of contract terms and corresponding legal consequences, and would accept these clauses; IV. The contract offered by the Industrial Bank is only a model contract. Relevant clauses of the contract are followed by blank space, and "supplementary clauses" are added to the end of the contract for all parties' modifications, additions or deletions to the contract; V. Should

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SUPPLEMENTAL AGREEMENT
Supplemental Agreement • December 15th, 2011 • China Recycling Energy Corp • Services-business services, nec • New York

This Supplemental Agreement, dated as of December 9, 2011 (this "Supplemental Agreement"), is made by and among China Recycling Energy Corporation ("The Company"), China Cinda (HK) Asset Management Co., Limited ("The Investor") and Ku Guohua.

Supplemental Agreement
Trust Loan Agreement • December 15th, 2011 • China Recycling Energy Corp • Services-business services, nec

Whereas, Xi’an TCH Energy Technology Co., Ltd. (hereinafter as “Xi’an TCH”), the borrower, entered into a Jingu Trust (2010) No.2-1 Capital Trust Loan Agreement under Jingu·CREG No.1 Recycling Economic Collective Trust Plan (hereinafter as “Trust Loan Agreement”) with China Jingu International Trust Co., Ltd (hereinafter as “Jingu”), the Lender, on August 18, 2010. Pursuant to the Trust Loan Contract, Xi’an TCH drew down the loan in the principal amount of RMB50 million on January 30, 2011;

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