March 18 (Reuters) - China Recycling Energy Corp:
* On March 14, 2016, unit entered transfer agreement with
Xuzhou Zhongtai Energy Technology, Xi an Huaxin New Energy
* Transfer agreement provides for sale to Zhongtai of all
assets of project under construction from Xi an Tch
* As consideration for transfer of project, Zhongtai shall
pay to Xi an Tch an aggregate purchase price of about $25.8
million
Source text - http://1.usa.gov/1R3KCOu
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