NOTIFICATION OF LATE FILING
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☐ Form
10-K ☐ Form 20-F ☐ Form
11-K ☒ Form 10-Q ☐ Form
10-D ☐ Form N-CEN ☐ Form
N-CSR |
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For Period Ended: March 31, 2023 |
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☐ Transition Report on Form 10-K |
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☐ Transition Report on Form 20-F |
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☐ Transition Report on Form 11-K |
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☐ Transition Report on Form 10-Q |
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For the Transition Period Ended: |
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Read Instruction (on back page) Before Preparing
Form. Please Print or Type.
Nothing in this form shall be construed to imply
that the Commission has verified any information contained herein.
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If the notification relates to a portion of the filing checked above,
identify the Item(s) to which the notification relates:
PART I — REGISTRANT INFORMATION
Smart Powerr Corp.
Full Name of Registrant
China Recycling Energy Corporation
Former Name if Applicable
4/F, Tower C, Rong Cheng Yun Gu Building, Keji
3rd Road, Yanta District
Address of Principal Executive Office (Street and
Number)
Xi’an City, Shaanix Province, China, 710075
City, State and Zip Code
PART II — RULES 12b-25(b) AND (c)
If the subject report could not be filed without unreasonable effort
or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate)
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(a) |
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The reason described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense; |
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(b) |
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The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-CEN or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and |
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(c) |
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The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable. |
| SEC 1344 (06-19) |
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Persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
PART III — NARRATIVE
State below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q,
10-D, N-CEN, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.
Smart Powerr Corp. (the “Registrant”) was unable, without
unreasonable effort or expense, to file its Quarterly Report on Form 10-Q for the quarter ended March 31, 2023 (the “Quarterly Report”)
within the prescribed time because of delays in completing the preparation of its financial statements and its management discussion and
analysis. The original filing date applicable to smaller reporting companies is May 15, 2023. The Registrant is still in the process of
compiling required information to complete the Quarterly Report and its independent registered public accounting firm requires additional
time to complete its review of the financial statements for the quarter ended March 31, 2023 to be incorporated in the Quarterly Report.
The Registrant anticipates that it will file the Quarterly Report no later than the fifteenth calendar day following the prescribed filing
date.
PART IV — OTHER INFORMATION
| (1) | Name and telephone number of person to contact in regard to
this notification |
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Guohua Ku |
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86 |
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29-87651098 |
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(Name) |
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(Area Code) |
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(Telephone Number) |
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| (2) |
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Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If answer is no, identify report(s). Yes ☒ No ☐ |
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Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? Yes ☐ No ☒ |
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If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made. |
Smart Powerr Corp.
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.
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May 15, 2023 |
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/s/ Guohua Ku |
INSTRUCTION: The form may be signed by an executive officer of the
registrant or by any other duly authorized representative. The name and title of the person signing the form shall be typed or printed
beneath the signature. If the statement is signed on behalf of the registrant by an authorized representative (other than an executive
officer), evidence of the representative’s authority to sign on behalf of the registrant shall be filed with the form.
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ATTENTION
Intentional misstatements or omissions of fact
constitute Federal Criminal Violations (See 18 U.S.C. 1001).
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GENERAL INSTRUCTIONS
| 1. | This form is required by Rule
12b-25 (17 CFR 240.12b-25) of the General Rules and Regulations under the Securities Exchange Act of 1934. |
| 2. | One signed original and four conformed
copies of this form and amendments thereto must be completed and filed with the Securities and Exchange Commission, Washington, D.C.
20549, in accordance with Rule 0-3 of the General Rules and Regulations under the Act. The information contained in or filed with the
form will be made a matter of public record in the Commission files. |
| 3. | A manually signed copy of the
form and amendments thereto shall be filed with each national securities exchange on which any class of securities of the registrant
is registered. |
| 4. | Amendments to the notifications
must also be filed on Form 12b-25 but need not restate information that has been correctly furnished. The form shall be clearly identified
as an amended notification. |
| 5. | Interactive data submissions.
This form shall not be used by electronic filers with respect to the submission or posting of an Interactive Data File (§232.11
of this chapter). Electronic filers unable to submit or post an Interactive Data File within the time period prescribed should comply
with either Rule 201 or 202 of Regulation S-T (§232.201 and §232.202 of this chapter). |
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