UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): February 25, 2013

 

China Energy Recovery, Inc.

(Exact name of registrant as specified in its charter)

 

         
Delaware
(State or other jurisdiction
of incorporation) 		  000-53283
(Commission
File Number) 		  33-0843696
(IRS Employer
Identification No.)

 

     

Building#26, No. 1388 Zhangdong Road

Zhangjiang Hi-tech Park

Shanghai, China
(Address of principal executive offices)

   201203
(Zip Code)

 

 

 

 

Registrant’s telephone number, including area code (86) 021 2028-1866

 

(Former name or former address, if changed since last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):

 

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 
 

 

Item 1.01 — Entry into a Material Definitive Agreement 

 

On February 25, 2013, CER Energy Recovery (Yangzhou) Co., Ltd. (“CER Yangzhou”), a wholly-owned subsidiary of China Energy Recovery, Inc. (“CER”), entered into a two-year comprehensive credit facility with Yizheng JiaHe Rural Micro-Finance Co., LTD. The facility is for RMB 10,000,000 (approximately $1,590,000) and can be used for working capital or similar purposes. This loan bears an interest rate of 2% per month. This facility is guaranteed by CER Energy Recovery (Shanghai) Co., Ltd., which is a wholly-owned subsidiary of CER, and also guaranteed by Mr. Qinghuan Wu, the Chief Executive Officer of CER.

 

 
 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

         
  China Energy Recovery, Inc.
  
     
Date: February 28, 2013 By: /s/ Qinghuan Wu  
    Qinghuan Wu  
    Chief Executive Officer  

 

 

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