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~~March 2513, 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):

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

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

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

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~~March 2513, 2013, ~~CER~~ China Energy Recovery (~~Yangzhou~~Shanghai) Co., Ltd. (“CER ~~Yangzhou”~~Shanghai), a wholly-owned subsidiary of China Energy Recovery, Inc. (“”CER”), entered into a ~~two~~three-year comprehensive ~~credit~~loan facility with ~~Yizheng~~the ~~JiaHe~~Shanghai ~~Rural Micro-Finance~~Pudong ~~Co.~~Development Bank, ~~LTD~~Luwan Branch. The facility is for RMB 1048,000,000 (approximately $17,~~590~~600,000), and ~~can~~the beinterest ~~used~~rate ~~for~~under ~~working~~this ~~capital~~facility orwill ~~similar~~be ~~purposes. This loan bears an interest rate of 2~~5% ~~per~~above ~~month.~~the ~~This~~People’s ~~facility~~Bank isof ~~guaranteed~~China’s bybenchmark ~~CER Energy Recovery (Shanghai) Co.~~rate, ~~Ltd.,~~ which is a6% ~~wholly-owned~~within ~~subsidiary~~one ~~of CER~~year, and ~~also guaranteed by Mr~~6.15% ~~Qinghuan~~from ~~Wu,~~one ~~the~~to ~~Chief~~three ~~Executive Officer of CER~~years.

CER Shanghai is entitled to draw down RMB 30 million as a three-year medium term loan by collateralizing CER’s office building in Zhangjiang, Shanghai; and draw down RMB 10 million as a one-year short term loan by being guaranteed by China National Investment and Guaranty Co., Ltd.; the remaining RMB 8 million will be drawn down as bank acceptances after making a cash deposit of no less than 50%, or letters of guarantee after making a cash deposit of no less than 30%. In addition, this loan facility is guaranteed by Mr. Qinghuan Wu, the Chief Executive Officer of CER. This loan will replace an existing comprehensive facility amounting to RMB 40 million signed with Bank of Communication, Shanghai Branch, which was collateralized by the aforementioned office building.

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
Date: March 18, 2013	By:	/s/ Qinghuan Wu
		Qinghuan Wu
		Chief Executive Officer

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