Smart Powerr (NASDAQ:CREG), Inc. (NASDAQ: CREG) is a diversified clean‐energy technology company that develops and commercializes advanced solutions for renewable power generation, waste‐heat recovery and lithium‐ion battery recycling. Formerly known as China Recycling Energy Corporation, the company rebranded in 2023 to reflect its strategic pivot into cutting‐edge energy storage and resource recovery markets. Smart Powerr’s core offerings include modular waste‐heat and pressure‐energy generation systems, industrial exhaust‐gas treatment units and proprietary battery material regeneration processes.
In its legacy energy segment, Smart Powerr has deployed over 950 projects across China and Southeast Asia, recovering energy from cement, steel and glass manufacturing and converting it into electricity. More recently, the company has built a pilot commercial facility for closed‐loop recycling of end‐of‐life lithium‐ion batteries, producing battery‐grade cathode materials for electric-vehicle and grid‐scale storage markets. These initiatives support a circular economy approach and aim to reduce raw‐material sourcing risks.
Headquartered in Beijing with R&D and production facilities in Jiangsu Province, Smart Powerr has also expanded its presence into North America through technology partnerships and engineering services agreements. The company’s multidisciplinary team combines expertise in chemical engineering, materials science and power electronics to accelerate the scale‐up of its recycling and energy‐efficient solutions. Strategic collaborations with leading universities and industrial partners further bolster its innovation pipeline.
Smart Powerr is led by Chairman and Chief Executive Officer Zijing Shen, who brings over twenty years of leadership in energy management and industrial automation. Supported by a board of directors with backgrounds in renewable power, advanced materials and financial markets, the company is positioned to capitalize on growing global demand for sustainable energy and resource‐recovery technologies.
