People: China Recycling Energy Corp (CREG.W)


CREG.W on CBOE When Trading NASDAQ Global Select Market

0.95USD
18 Apr 2013
Price Change (% chg)

$-0.08 (-7.77%)
Prev Close
$1.03
Open
$0.95
Day's High
$0.95
Day's Low
$0.95
Volume
100
Avg. Vol
2
52-wk High
$1.63
52-wk Low
$0.90

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Summary

Name Age Since Current Position

Guohua Ku

 50 2009 Chairman of the Board, Chief Executive Officer

David Chong

 49 2010 Chief Financial Officer, Secretary

Lanwei Li

 30 Chief Operating Officer, Vice President, Director - Business, Director

Zhigang Wu

 40 2007 Vice President - Finance

Xiaogang Zhu

 58 2010 Vice President - Accounting

Yilin Ma

 48 2010 Director

Timothy Driscoll

 68 2009 Independent Director

Julian Ha

 43 2009 Independent Director

Albert McLelland

 54 2011 Independent Director

Chungui Shi

 72 2010 Independent Director

Howard Gostfrand

 IR Contact Officer
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Biographies

Name Description

Guohua Ku

 Mr. Guohua Ku is Chairman of the Board, Chief Executive Officer of China Recycling Energy Corporation. He was appointed as a director and Chief Executive Officer as of December 10, 2008. He was elected Chairman of the Board as of April 1, 2009. Prior to joining the Company, Mr. Ku served as a Senior Engineer for Yingfeng Technology from 2003 to 2007. From 1979 to 2003, Mr. Ku served in multiple capacities for Shaanxi Blast Air Blower (Group) Co., Ltd., with his last position serving as a Senior Engineer.

David Chong

 Mr. David Shawcheng Chong is Chief Financial Officer, Secretary of China Recycling Energy Corp. Prior to Mr. Chong’s appointment as Chief Financial Officer and Secretary of the Company, he served as a consultant with the Company since June 2010. Prior to joining the Company, Mr. Chong served as CFO for Guangdong Yan Zhi Hong Shoes Manufacturing Co., Ltd (“YZH”) from January, 2007 to December, 2010. From 1991 to 2007, Mr. Chong served as the Financial Controller for Amtek Engineering Limited, where he managed the financial operations of six plants in China with annual revenues in excess of $250 million. Mr. Chong holds the qualification in Professional Accountancy Studies from ACCA (the Association of Chartered Certified Accountants) and is fluent in both English and Mandarin.

Lanwei Li

 Mr. Lanwei Li is Chief Operating Officer, Vice President, Director - Business, Director of China Recycling Energy Corporation. He was appointed as a director on April 1, 2009. He has worked for the Company and its predecessors since March 2005 and currently works as Chief Operating Officer and the Vice President and Director of Business, supervising the departments of Business Development, Investment Management and Strategy Development. He has a higher education background in investment economy management.

Zhigang Wu

 Mr. Zhigang Wu is Vice President, Finance of China Recycling Energy Corporation. He is responsible for the securities and financing activities of the Company. Before joining the Company, Mr. Wu worked for over a decade in the securities and investment industries with Guotai-Junan Securities and Zhongzheng Investment. Mr. Wu received a bachelor degree from Inner-Mongolia Finance & Economy University in 1998, with a major in international finance.

Xiaogang Zhu

 Mr. Xiaogang Zhu is Vice President - Accounting of China Recycling Energy Corp. He joined China Recycling Energy Corporation as Accounting Manager in December 2007. In April 2010, Mr. Zhu was appointed Vice President, Accounting. From 2005 to joining the company in 2007, Mr. Zhu was the Chief Financial Officer of China Natural Gas, Inc. From 2000 through 2005, Mr. Zhu was the Vice President of Xian Dapeng Biotechnology Company. While with Xian Dapeng Biotechnology Company, Mr. Zhu served in various management roles, including time as head of accounting in which he established the accounting management and internal control systems. Mr. Zhu received his bachelor degree in Accounting from Shaanxi Finance and Accounting Institute (now Xian Jiaotong University Management School).

Yilin Ma

 Mr. Yilin Ma is Director of China Recycling Energy Corporation. Since October 2008, Mr. Ma has served, and continues to serve, as an executive director of China Cinda (HK) Asset Management Co., Ltd. and since December 2007, Mr. Ma has served, and continues to serve as a non-executive director of Jiangsu Lianyungang Port, Co., Ltd., a China based port company listed on Shanghai Stock Exchange under stock code 601008. Mr. Ma previously served as Chief Investment Officer of Well Kent International Holding from October 2006 to October 2008, General Manager of Zhejiang Province Construction and Real Property Development Company from January 2005 to October 2006, and manager of general administration office of Well Kent from January 2001 to January 2005. Mr. Ma received his bachelor in engineering from College of International Politics in 1988 in China and his mater in law degree from China University of Political Science and Law in 1995.

Timothy Driscoll

 Mr. Timothy Driscoll is Independent Director of China Recycling Energy Corp. Mr. Driscoll currently serves as president of MTD Ventures, and president and chief of executive officer of Driscoll Management Services. Mr. Driscoll also serves as a director of American Oil and Supply International. From 1994 through 1999, Mr. Driscoll was the president and chief executive officer of Agrevo Environmental Health and was the president and chief executive officer of Rouossel UCLAF Environmental Health from 1991 to 1994. Mr. Driscoll received his MBA in Finance from Xavier University and B.S. in Economics from Villanova University.

Julian Ha

 Mr. Julian Ha has been appointed as Independent Director of China Recycling Energy Corp. Since 2006, Mr. Ha has been a member of the Private Equity, Financial Officers and Legal practice groups of Heidrick & Struggles International, Inc. From 2005 through 2006, Mr. Ha was a Director in the Corporate Finance group of Evolution Securities China Limited. From 2001 to 2005, Mr. Ha was a Director of European Business Development for CapitalKey Advisors and Capital IQ. Mr. Ha was an Executive Vice President with DDL from 2000 to 2001, where he was responsible for portfolio management. Mr. Ha trained as a corporate lawyer and has practiced in New York, Washington, D.C., London, Singapore and Shanghai. Mr. Ha received his BA from Cornell University, his Masters degrees from the London School of Economics and Harvard University and his JD from the NYU School of Law.

Albert McLelland

 Mr. Albert McLelland is Independent Director of China Recycling Energy Corporation. Presently, he is a Senior Managing Director for AmPac Strategic Capital, LLC, a boutique merchant bank focusing on originating and executing cross border transactions with China, which he founded in 2001.Through AmPac, he established many relationships with various financial institutions in China to support advisory practices such as the State Development and Investment Corporation (SDIC) and China International Trust and Investment Company (CITIC). Prior to founding AmPac, Albert was a Director of Financial Advisory Services at PricewaterhouseCoopers' (PwC) and member of the Chairman's Key Account Management (KAM) team, responsible for the daily operations of their cross border transactions group operating during the Asian Financial Crisis from 1999 – 2001. Mr. McLelland, from 1993 – 1998, founded and became the Managing Director of Pearl Delta Capital Corporation in Taipei, Taiwan, a specialty investment bank that focused on raising funds and executing cross border transactions from direct investments to mergers and acquisitions for or with Greater China-based venture capital firms. He currently serves as the Audit Chair China Housing and Land Development, Inc. (CHLN) and also served as the Chairman of the Special Committee for the sale of China Fire & Security Group (CFSG). He is an Adjunct Professor teaching “Venturing in China” at the Caruth Institute for Entrepreneurship at the Cox School of Business at Southern Methodist University as well as serving as a Guest Lecturer at the Fudan University School of Management in Shanghai. Mr. McLelland received his MBA from the University of Chicago and a Master of International Affairs from Columbia University. He did his undergraduate studies at the University of South Florida and also studied Mandarin at the National Normal University in Taiwan.

Chungui Shi

 Mr. Chungui Shi is Independent Director of China Recycling Energy Corporation. Since May 2007, Mr. Shi has served, and continues to serve, as a non-executive director of Aluminum Corporation of China Limited, a China based aluminum exploitation, development, production, processing, sale, research and development company traded on NYSE under trading symbol of ACH, Hong Kong Stock Exchanges under stock code of 2600 and Shanghai Stock Exchange under stock code of 601600. Since April 2008, Mr. Shi has served, and continues to serve, as an independent director of Intime Department Store (Group) Company Ltd., a Hong Kong based company in department store business listed on Hong Kong Stock Exchange under stock code of 1833. In addition, Mr. Shi serves, and has since December 2009, as an independent director of China National Materials Company Ltd., a China based company mainly in cement equipment and engineering services, glass fiber, cement and high-tech materials business listed on Hong Kong Stock Exchanges under stock code of 1893. Additionally, Mr. Shi serves as an independent director of Xi’an City Commercial Bank, a commercial bank in Xi’an city, China, and has served as such since August 2010. Mr. Shi previously served as Vice Chairman of the Board of Directors, Tianjin Steel Pipe (Group) Corporation from June 2001 to September 2003, Vice President, China Cinda Asset Management Co. Ltd from April 1999 to June 2001, Vice President of the Investment Association of China from September 1995 to September 2000, and Deputy Governor of China Construction Bank from December 1993 to April 1999. Mr. Shi received his Bachelor in Finance degree from Dongbei University of Finance and Economics in 1964 and is a senior economist in China.

Howard Gostfrand

Basic Compensation

Name Fiscal Year Total

Guohua Ku

 1,517,750

David Chong

 90,900

Lanwei Li

 --

Zhigang Wu

 --

Xiaogang Zhu

 --

Yilin Ma

 --

Timothy Driscoll

 --

Julian Ha

 --

Albert McLelland

 --

Chungui Shi

 --

Howard Gostfrand

 --
As Of 30 Dec 2011

Options Compensation

Name Options Value

Guohua Ku

 0 0

David Chong

 0 0

Lanwei Li

 0 0

Zhigang Wu

 0 0

Xiaogang Zhu

 0 0

Yilin Ma

 0 0

Timothy Driscoll

 0 0

Julian Ha

 0 0

Albert McLelland

 0 0

Chungui Shi

 0 0

Howard Gostfrand

 0 0

Insider Trading

Name Shares Traded Price

CHONG DAVID SHAWCHENG

 100,000 $0.00

CAGP GENERAL PARTNER L P

 4,334,192 $1.15

KU GUOHUA

 2,200 $2.16

KU GUOHUA

 4,900 $2.08
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