0001209191-11-045207.txt : 20110822 0001209191-11-045207.hdr.sgml : 20110822 20110822162051 ACCESSION NUMBER: 0001209191-11-045207 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20110721 FILED AS OF DATE: 20110822 DATE AS OF CHANGE: 20110822 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: CHINA RECYCLING ENERGY CORP CENTRAL INDEX KEY: 0000721693 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 900093373 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 12TH FLOOR, TOWER A, CHANG AN INTL BLDG STREET 2: NO. 88 NAN GUAN ZHENG XIE CITY: XI AN CITY, SHAN XI PROVINCE STATE: F4 ZIP: 710068 BUSINESS PHONE: 86-29-8765-1097 MAIL ADDRESS: STREET 1: 12TH FLOOR, TOWER A, CHANG AN INTL BLDG STREET 2: NO. 88 NAN GUAN ZHENG XIE CITY: XI AN CITY, SHAN XI PROVINCE STATE: F4 ZIP: 710068 FORMER COMPANY: FORMER CONFORMED NAME: CHINA DIGITAL WIRELESS INC DATE OF NAME CHANGE: 20040810 FORMER COMPANY: FORMER CONFORMED NAME: BOULDER ACQUISITIONS INC DATE OF NAME CHANGE: 20020430 FORMER COMPANY: FORMER CONFORMED NAME: BOULDER BREWING CO DATE OF NAME CHANGE: 19920703 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CARLYLE ASIA GROWTH PARTNERS III, L.P. CENTRAL INDEX KEY: 0001419251 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34625 FILM NUMBER: 111050090 BUSINESS ADDRESS: STREET 1: C/O WALKERS SPV LIMITED STREET 2: WALKER HOUSE, MARY STREET PO BOX 908 GT CITY: GEORGE TOWN, GRAND CAYMAN STATE: E9 ZIP: KY1-9002 BUSINESS PHONE: (202) 729 5626 MAIL ADDRESS: STREET 1: C/O THE CARLYLE GROUP STREET 2: 1001 PENNSYLVANIA AVENUE, N.W. STE. 220 CITY: WASHINGTON STATE: DC ZIP: 20004-2505 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CAGP GENERAL PARTNER, L.P. CENTRAL INDEX KEY: 0001419252 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34625 FILM NUMBER: 111050096 BUSINESS ADDRESS: STREET 1: C/O WALKERS SPV LIMITED STREET 2: WALKER HOUSE, MARY STREET PO BOX 908 GT CITY: GEORGE TOWN, GRAND CAYMAN STATE: E9 ZIP: KY1-9002 BUSINESS PHONE: (202) 729 5626 MAIL ADDRESS: STREET 1: C/O THE CARLYLE GROUP STREET 2: 1001 PENNSYLVANIA AVENUE, N.W. STE. 220 CITY: WASHINGTON STATE: DC ZIP: 20004-2505 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CAGP, LTD. CENTRAL INDEX KEY: 0001419253 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34625 FILM NUMBER: 111050091 BUSINESS ADDRESS: STREET 1: C/O WALKERS SPV LIMITED STREET 2: WALKER HOUSE, MARY STREET PO BOX 908 GT CITY: GEORGE TOWN, GRAND CAYMAN STATE: E9 ZIP: KY1-9002 BUSINESS PHONE: (202) 729 5626 MAIL ADDRESS: STREET 1: C/O THE CARLYLE GROUP STREET 2: 1001 PENNSYLVANIA AVENUE, N.W. STE. 220 CITY: WASHINGTON STATE: DC ZIP: 20004-2505 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CAGP III CO-INVESTMENT, L.P. CENTRAL INDEX KEY: 0001419258 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34625 FILM NUMBER: 111050097 BUSINESS ADDRESS: STREET 1: C/O WALKERS SPV LIMITED STREET 2: WALKER HOUSE, MARY STREET PO BOX 908 GT CITY: GEORGE TOWN, GRAND CAYMAN STATE: E9 ZIP: KY1-9002 BUSINESS PHONE: (202) 729-5626 MAIL ADDRESS: STREET 1: C/O THE CARLYLE GROUP STREET 2: 1001 PENNSYLVANIA AVENUE, N.W. STE. 220 CITY: WASHINGTON STATE: DC ZIP: 20004-2505 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: DBD Cayman, Ltd. CENTRAL INDEX KEY: 0001427002 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34625 FILM NUMBER: 111050094 BUSINESS ADDRESS: STREET 1: C/O WALKERS STREET 2: WALKER HOUSE, 87 MARY STREET CITY: GEORGE TOWN, GRAND CAYMAN STATE: E9 ZIP: KY1-9001 BUSINESS PHONE: (202) 729-5438 MAIL ADDRESS: STREET 1: C/O WALKERS STREET 2: WALKER HOUSE, 87 MARY STREET CITY: GEORGE TOWN, GRAND CAYMAN STATE: E9 ZIP: KY1-9001 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: TCG HOLDINGS CAYMAN II, L.P. CENTRAL INDEX KEY: 0001459899 STATE OF INCORPORATION: E9 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34625 FILM NUMBER: 111050093 BUSINESS ADDRESS: STREET 1: THE CARLYLE GROUP STREET 2: 1001 PENNSYLVANIA AVENUE, NW CITY: WASHINGTON STATE: DC ZIP: 20004 BUSINESS PHONE: 202-729-5626 MAIL ADDRESS: STREET 1: THE CARLYLE GROUP STREET 2: 1001 PENNSYLVANIA AVENUE, NW CITY: WASHINGTON STATE: DC ZIP: 20004 FORMER NAME: FORMER CONFORMED NAME: TCG HOLDINGS CAYMAN II LP DATE OF NAME CHANGE: 20090326 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: TC Group Cayman Investment Holdings, L.P. CENTRAL INDEX KEY: 0001475444 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34625 FILM NUMBER: 111050092 BUSINESS ADDRESS: STREET 1: C/O WALKERS STREET 2: WALKER HOUSE, 87 MARY STREET CITY: GEORGE TOWN, GRAND CAYMAN STATE: E9 ZIP: KY1-9001 BUSINESS PHONE: (202) 729-5438 MAIL ADDRESS: STREET 1: C/O WALKERS STREET 2: WALKER HOUSE, 87 MARY STREET CITY: GEORGE TOWN, GRAND CAYMAN STATE: E9 ZIP: KY1-9001 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: DBD Cayman Holdings, Ltd. CENTRAL INDEX KEY: 0001510768 STATE OF INCORPORATION: F3 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34625 FILM NUMBER: 111050095 BUSINESS ADDRESS: STREET 1: C/O THE CARLYLE GROUP, SUITE 220 SOUTH STREET 2: 1001 PENNSYLVANIA AVENUE, N.W. CITY: WASHINGTON STATE: DC ZIP: 20004 BUSINESS PHONE: (202) 729-5438 MAIL ADDRESS: STREET 1: C/O THE CARLYLE GROUP, SUITE 220 SOUTH STREET 2: 1001 PENNSYLVANIA AVENUE, N.W. CITY: WASHINGTON STATE: DC ZIP: 20004 4 1 c21748_4x2.xml MAIN DOCUMENT DESCRIPTION X0304 4 2011-07-21 0000721693 CHINA RECYCLING ENERGY CORP CREG 0001419252 CAGP GENERAL PARTNER, L.P. C/O THE CARLYLE GROUP 1001 PENNSYLVANIA AVENUE, N.W., STE 220 WASHINGTON DC 20004 0 0 1 0 0001510768 DBD Cayman Holdings, Ltd. C/O THE CARLYLE GROUP 1001 PENNSYLVANIA AVENUE, N.W., STE 220 WASHINGTON DC 20004 0 0 1 0 0001427002 DBD Cayman, Ltd. C/O THE CARLYLE GROUP 1001 PENNSYLVANIA AVENUE, N.W., STE 220 WASHINGTON DC 20004 0 0 1 0 0001459899 TCG HOLDINGS CAYMAN II, L.P. C/O THE CARLYLE GROUP 1001 PENNSYLVANIA AVENUE, N.W., STE 220 WASHINGTON DC 20004 0 0 1 0 0001475444 TC Group Cayman Investment Holdings, L.P. C/O THE CARLYLE GROUP 1001 PENNSYLVANIA AVENUE, N.W., STE 220 WASHINGTON DC 20004 0 0 1 0 0001419253 CAGP, LTD. C/O THE CARLYLE GROUP 1001 PENNSYLVANIA AVENUE, N.W., STE 220 WASHINGTON DC 20004 0 0 1 0 0001419251 CARLYLE ASIA GROWTH PARTNERS III, L.P. C/O THE CARLYLE GROUP 1001 PENNSYLVANIA AVENUE, N.W., STE 220 WASHINGTON DC 20004 0 0 1 0 0001419258 CAGP III CO-INVESTMENT, L.P. C/O THE CARLYLE GROUP 1001 PENNSYLVANIA AVENUE, N.W., STE 220 WASHINGTON DC 20004 0 0 1 0 Common Stock, par value $0.001 per share 2011-07-21 4 C 0 4334192 1.154 A 12465938 I See footnotes 5% Secured Convertible Promissory Note 1.154 2011-07-21 4 C 0 5000000 0 D 2010-03-30 2011-04-29 Common Stock, par value $0.001 per share 4334192 0 I See footnotes Carlyle Asia Growth Partners III, L.P. and CAGP III Co-Investment, L.P. are the record holders of 11,935,014 and 530,924 shares, respectively, of the Issuer's common stock. DBD Cayman Holdings, Ltd. exercises investment discretion and control over the securities held by each of Carlyle Asia Growth Partners III, L.P. and CAGP III Co-Investment, L.P., through its indirect subsidiary, CAGP General Partner, L.P., which is the general partner of each of Carlyle Asia Growth Partners III, L.P. and CAGP III Co-Investment, L.P. DBD Cayman Holdings, Ltd. is the sole shareholder of DBD Cayman, Ltd. DBD Cayman, Ltd. is the general partner of TCG Holdings Cayman II, L.P. TCG Holdings Cayman II, L.P. is the general partner of TC Group Cayman Investment Holdings, L.P. TC Group Cayman Investment Holdings, L.P. is the sole shareholder of CAGP, Ltd. CAGP Ltd. is the general partner of CAGP General Partner, L.P. As such, each of DBD Cayman Holdings, Ltd., DBD Cayman, Ltd., TCG Holdings Cayman II, L.P., TC Group Cayman Investment Holdings, L.P., CAGP Ltd., and CAGP General Partner, L.P. may be deemed to beneficially own the securities held of record by Carlyle Asia Growth Partners III, L.P. and CAGP III Co-Investment, L.P. Each entity expressly disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein. DBD Cayman Holdings, Ltd. is controlled by its ordinary members, and all action relating to the voting or disposition of the securities requires approval of a majority of the ordinary members. William E. Conway, Jr., Daniel A. D'Aniello and David M. Rubenstein, as the ordinary members of DBD Cayman Holdings, Ltd., may be deemed to share beneficial ownership of Shares beneficially owned by DBD Cayman Holdings, Ltd. Such individuals expressly disclaim any such beneficial ownership. /s/ David A. Willich, Attorney in Fact 2011-08-22 EX-24 2 c21748_24.htm POWER OF ATTORNEY Power Of Attorney
Exhibit 24
POWER OF ATTORNEY
The undersigned understands that, from time to time, the Carlyle Companies (defined below) are required to prepare, execute and file certain federal and state securities laws filings.
Know all by these presents, that the undersigned hereby constitutes and appoints each of Curt Buser, Jeff Ferguson, David Pearson, Catherine Ziobro, R. Rainey Hoffman, Joanne Cosiol, Monica Harris, Jeremy Anderson, Bruno De Gusmao, Ann Siebecker, Andrea Pekala, Tom Mayrhofer, David Willich, Glen Goold, Orit Mizrachi, John Beczak, Rick Kappler, Matt LoRusso, Rob Konigsberg, Katey Bogue, James Sloan, or any of them signing singly, and with full power of substitution, the undersigned’s true and lawful attorney-in-fact to:
(1) prepare, execute in the name of each Carlyle Company and on behalf of each Carlyle Company, and submit to the U.S. Securities and Exchange Commission (the “SEC”) a Form ID, including amendments thereto, and any other documents necessary or appropriate to obtain codes and passwords enabling the undersigned to make electronic filings with the SEC of Forms D (“Form D”) required to be filed in accordance with Rule 503 (“Rule 503”) promulgated with respect to Sections 4(2), 4(6) and 3(b) of the Securities Act of 1933 (the “1933 Act”) and reports required by Sections 13(d) and 16(a) of the Securities Exchange Act of 1934 (the “1934 Act”) or any rule or regulation of the SEC;
(2) prepare and execute for and on behalf of each Carlyle Company, in the undersigned’s capacity as a Managing Director, authorized person, officer and/or director of each Carlyle Company, federal and state securities laws filings including without limitation Forms D pursuant to Rule 503 and Schedules 13D and 13G and Forms 3, 4, and 5 in accordance with Sections 13(d) and 16(a) of the 1934 Act and the rules thereunder;
(3) do and perform any and all acts for and on behalf of each Carlyle Company which may be necessary or desirable to complete and execute any such federal and state securities laws filings including without limitation Forms D, Schedules 13D and 13G and Forms 3, 4, and 5, complete and execute any amendment or amendments thereto, and timely file such form with the SEC and the securities administrators of any state, the District of Columbia, the Commonwealth of Puerto Rico, Guam and the United States Virgin Islands or their designees and any stock exchange or similar authority; and
(4) take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact’s discretion.
The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact’s substitute or substitutes, shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted, whether the same needs to be executed, taken or done by him in his capacity as a current or former member, partner, shareholder, director or officer of any company, partnership, corporation, organization, firm, branch or other entity connected with, related to or affiliated with any of the entities constituting the Carlyle Companies or entities that directly or indirectly hold interests in the Carlyle Companies.
The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming any of the undersigned’s responsibilities to comply with federal and state securities laws, including without limitation Rule 503 of the 1933 Act or Section 13 and Section 16 of the 1934 Act.
This Power of Attorney and all authority conferred hereby shall not be terminated by operation of law, whether by the death or incapacity of the undersigned or by occurrence of any other event. Actions taken by an attorney-in-fact pursuant to this Power of Attorney shall be as valid as if any event described in the preceding sentence had not occurred, whether or not the attorney-in-fact shall have received notice of such event. Notwithstanding the foregoing, (i) in the event that an attorney-in-fact is no longer employed by The Carlyle Group Employee Co., L.L.C. or its affiliates, this Power of Attorney and all authority conferred hereby shall be immediately terminated with respect to such Attorney, and (ii) the undersigned may terminate or revoke this Power of Attorney at any time.
For purposes hereof, the “Carlyle Companies” shall consist of: (i) TWC Virginia, Inc., a Delaware corporation, TC Group, L.L.C., a Delaware limited liability company, TC Group Cayman, L.P., a Cayman Islands exempted limited partnership, TC Group Investment Holdings, L.P., a Delaware limited partnership and TC Group Cayman Investment Holdings, L.P., a Cayman Islands exempted limited partnership; (ii) their respective owners, including without limitation TCG Holdings, L.L.C., a Delaware limited liability company, TCG Holdings Cayman, L.P., a Cayman Islands exempted limited partnership, TCG Holdings II, L.P., a Delaware limited partnership, TCG Holdings Cayman II, L.P., a Cayman Islands exempted limited partnership, TCG Employee Co., L.L.C., a Delaware limited liability company, Carlyle Offshore Partners II, Ltd., a Cayman Islands exempted company with limited liability, Carlyle Offshore Partners II Holdings, Ltd., a Cayman Islands exempted company with limited liability, DBD Investors V, L.L.C., a Delaware limited liability company, DBD Investors V Holdings, L.L.C., a Delaware limited liability company, DBD Cayman, Ltd., a Cayman Islands exempted company with limited liability and DBD Cayman Holdings, Ltd., a Cayman Islands exempted company with limited liability; and (iii) the subsidiaries and affiliates of the foregoing in clauses (i) and (ii), including without limitation investment funds sponsored directly or indirectly by one or more of the Carlyle Companies.
IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 11th day of February, 2011.
         
     
  /s/ David M. Rubenstein    
  Name:   David M. Rubenstein   
     
 

 

EX-99.1 3 c21748_99x1.htm ADDITIONAL EXHIBITS Joint Filer Information
Exhibit 99.1
Joint Filer Information
             
Date of Event
Requiring Statement:
   
July 21, 2011
 
           
Issuer Name and Ticker
or Trading Symbol:
   
China Recycling Energy Corporation [CREG]
 
           
Designated Filer:   CAGP General Partner, L.P.
 
           
Other Joint Filers:   DBD Cayman Holdings, Ltd.
DBD Cayman, Ltd.
TCG Holdings Cayman II, L.P.
TC Group Cayman Investment Holdings, L.P.
CAGP, Ltd.
Carlyle Asia Growth Partners III, L.P.
CAGP III Co-Investment, L.P.
 
           
Addresses:   The principal business address of each of the reporting persons is c/o Walkers Corporate Services Limited, Walker House, 87 Mary Street, George Town, Grand Cayman KY1-9001, Cayman Islands.
 
           
Signatures:
           
 
           
Dated: August 22, 2011
           
    DBD Cayman Holdings, Ltd.
 
           
 
  by:   /s/ David A. Willich,    
 
           
 
      attorney in fact for David M. Rubenstein    
 
  Name:   David M. Rubenstein    
 
  Title:   Ordinary Member    
 
           
    DBD Cayman, Ltd.
 
           
    by: DBD Cayman Holdings, Ltd., its sole shareholder
 
           
 
  by:   /s/ David A. Willich,    
 
           
 
      attorney in fact for David M. Rubenstein    
 
  Name:   David M. Rubenstein    
 
  Title:   Ordinary Member    
 
           
    TCG Holdings Cayman II, L.P.
 
           
    by: DBD Cayman, Ltd., its general partner
by: DBD Cayman Holdings, Ltd., its sole shareholder
 
           
 
  by:   /s/ David A. Willich,    
 
           
 
      attorney in fact for David M. Rubenstein    
 
  Name:   David M. Rubenstein    
 
  Title:   Ordinary Member    
 
           
    TC Group Cayman Investment Holdings, L.P.
 
           
    by: TCG Holdings Cayman II, L.P., its general partner
by: DBD Cayman, Ltd., its general partner
by: DBD Cayman Holdings, Ltd., its sole shareholder
 
           
 
  by:   /s/ David A. Willich,    
 
           
 
      attorney in fact for David M. Rubenstein    
 
  Name:   David M. Rubenstein    
 
  Title:   Ordinary Member    
 
           
    CAGP Ltd.
 
           
    by: TC Group Cayman Investment Holdings, L.P., its sole shareholder
by: TCG Holdings Cayman II, L.P., its general partner
by: DBD Cayman, Ltd., its general partner
by: DBD Cayman Holdings, Ltd., its sole shareholder
 
           
 
  by:   /s/ David A. Willich,    
 
           
 
      attorney in fact for David M. Rubenstein    
 
  Name:   David M. Rubenstein    
 
  Title:   Ordinary Member    
 
           
    CAGP General Partner, L.P.
 
           
    by: CAGP Ltd., its general partner
by: TC Group Cayman Investment Holdings, L.P., its sole shareholder
by: TCG Holdings Cayman II, L.P., its general partner
by: DBD Cayman, Ltd., its general partner
by: DBD Cayman Holdings, Ltd., its sole shareholder
 
           
 
  by:   /s/ David A. Willich,    
 
           
 
      attorney in fact for David M. Rubenstein    
 
  Name:   David M. Rubenstein    
 
  Title:   Ordinary Member    
 
           
    Carlyle Asia Growth Partners III, L.P.
 
           
    by: CAGP General Partner, L.P., its general partner
by: CAGP Ltd., its general partner
by: TC Group Cayman Investment Holdings, L.P., its sole shareholder
by: TCG Holdings Cayman II, L.P., its general partner
by: DBD Cayman, Ltd., its general partner
by: DBD Cayman Holdings, Ltd., its sole shareholder
 
           
 
  by:   /s/ David A. Willich,    
 
           
 
      attorney in fact for David M. Rubenstein    
 
  Name:   David M. Rubenstein    
 
  Title:   Ordinary Member    
 
           
    CAGP III Co-Investment, L.P.
 
           
    by: CAGP General Partner, L.P., its general partner
by: CAGP Ltd., its general partner
by: TC Group Cayman Investment Holdings, L.P., its sole shareholder
by: TCG Holdings Cayman II, L.P., its general partner
by: DBD Cayman, Ltd., its general partner
by: DBD Cayman Holdings, Ltd., its sole shareholder
 
           
 
  by:   /s/ David A. Willich,    
 
           
 
      attorney in fact for David M. Rubenstein    
 
  Name:   David M. Rubenstein    
 
  Title:   Ordinary Member