UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
Commission File No. 000-12536
NOTIFICATION OF LATE FILING
(Check One):
[_] Form 10-K [X] Form 10-KSB [_] Form 20-F [_] Form 11-K [_] Form 10-Q [_] Form
N-SAR
For Period Ended: December 31, 2006
[_] Transition Report on Form 10-K
[_] Transition Report on Form 10-KSB
[_] Transition Report on Form 20-F
[_] Transition Report on Form 11-K
[_] Transition Report on Form 10-Q
[_] Transition Report on Form N-SAR
For the Transition Period Ended: _______________
Read attached instruction sheet 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.
If the notification relates to a portion of the filing checked above, identify
the Item(s) to which the notification relates: Not Applicable
PART I - REGISTRANT INFORMATION
China Recycling Energy Corporation
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Full Name of Registrant
China Digital Wireless, Inc.
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Former Name If Applicable
429 Guangdong Road
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Address of Principal Executive Office (Street and Number)
Shanghai, People's Republic of China 200001
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City, State and Zip Code
PART II - RULE 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.)
[_] (a) The reasons described in reasonable detail in Part III of this
form could not be eliminated without unreasonable effort or expense;
[X] (b) The subject annual report, semi-annual report, transition report
on Form 10-K, Form 10-KSB Form 20-F, Form 11-K or portion thereof will
be filed on or before the 15th 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
[_] (c) The accountant's statement or other exhibit required by Rule
12b-25(c) has been attached if applicable.
PART III - NARRATIVE
State below in reasonable detail why the Form 10-K, 10-KSB, 20-F, 11-K, 10-Q,
10-D, N-SAR or N-CSR the transition report portion thereof could not be filed
within the prescribed time period. (Attach extra sheets if needed.)
China Recycling Energy Corporation, formerly "China Digital Wireless, Inc."
(the "Company") could not complete the filing of its Annual Report on Form
10-KSB for the year ended December 31, 2006 due to a delay in obtaining and
compiling information required to be included in the Company's Form 10-KSB,
which delay could not be eliminated by the Company without unreasonable effort
and expense. In accordance with Rule 12b-25 of the Securities Exchange Act of
1934, the Company will file its Form 10-KSB no later than the 15th calendar day
following the prescribed due date.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Guohua Ku (86-21) 6336-8681
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(Name) (Area Code) (Telephone Number)
(2) 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 the answer is no,
identify report(s).
[X] Yes [_] No
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(3) 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 [X] 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.
China Recycling Energy Corporation
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(Name of Registrant as Specified in Charter)
Has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date March 27, 2007
By
/s/Guohua Ku
Guohua Ku
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President and Chairman