[] [Early Repayment Agreement Party A: Xi’an TCH Energy Technology Co., Ltd. Legal Representative: Guohua Ku Address: 12F, Tower A, Chang An Guo Ji, No. 88, Nan Guan Zheng Jie, Xi’an City, Shaanxi Province Party B: Cinda Financial Leasing Co., Ltd. Legal Representative: Jinye Zhu Address: 26F, Lanzhou Fortune Center, No. 638, Dong Gang Xi Lu, Chengguan District, Lanzhou City, Gansu] [Repurchase Agreement for the Waste Heat Power Generation Project of Zhong Gang Group Bin Hai Enterprise Co., Ltd. Party A: Xi’an TCH Energy Technology Co., Ltd Address: No. 86 of Gaoxin Road, Gaoxin District, Xi’an City Legal Representative: Ku Guohua Party B: Zhong Gang Group Bin Hai Enterprise Co., Ltd. Address: 3/F Netcom Corporation Bohai Xin Zone, Cangzhou, Hebei Legal] [CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM We hereby consent to the incorporation by reference in the Registration Statement on Form S-8 (File No. 333-147443, File No: 333-191734 and File No: 333-191735) of China Recycling Energy Corporation of our report dated March 20, 2015 relating to the financial statements, which appear in this Form 10-K. Los Angeles, CA March 23,] [CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM We hereby consent to the incorporation by reference in the Registration Statements on Forms S-3 (File No: 333-179628, File No: 333-174484 and File No: 333-194470) of China Recycling Energy Corporation of our report dated March 20, 2015 relating to the financial statements which appear in this Form 10-K. We also consent to the] [CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM We hereby consent to the incorporation by reference in the Registration Statement on Form S-8 (File No. 333-147443, File No: 333-191734 and File No: 333-191735) of China Recycling Energy Corporation of our report dated March 20, 2014 relating to the financial statements, which appear in this Form 10-K. Encino, CA March 23, 2015] [CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM We hereby consent to the incorporation by reference in the Registration Statements on Forms S-3 (File No: 333-179628, File No: 333-174484 and File No: 333-194470) of China Recycling Energy Corporation of our report dated March 20, 2014 relating to the financial statements which appear in this Form 10-K. We also consent to the] [CERTIFICATIONS I, Guohua Ku, certify that: 1. I have reviewed this annual report on Form 10-K of China Recycling Energy Corporation; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements] [CERTIFICATIONS I, David Chong, certify that: 1. I have reviewed this annual report on Form 10-K of China Recycling Energy Corporation; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements] [18 U.S.C. SECTION 1350, SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 (2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company. Guohua Ku Chairman of the Board and Chief Executive Officer] [18 U.S.C. SECTION 1350, SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 (2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company. David Chong Chief Financial Officer and Secretary]

[February 17, 2015 100 F Street N.E. Re: China Recycling Energy Corporation Commission File No. 001-12536 Ladies and Gentlemen: Very truly yours, Goldman Kurland and Mohidin LLP] []

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[CREG Receives NASDAQ Notice of Bid Price Deficiency XI'AN, China, Feb. 2, 2015 /PRNewswire/ -- China Recycling Energy Corp. (NASDAQ: CREG or "the Company"), a leading industrial waste-to-energy solution provider in China, today announced that it received notice from Nasdaq's Listing Qualifications Department indicating that the closing bid price of the Company's common stock was below the minimum requirement of] []