Dividend Power Score
A single, comprehensive score designed to measure the true strength of a company’s dividend.
This score combines three essential pillars of dividend quality:
Consistency – Measures how reliable the dividend has been over time, focusing on payment history, stability, and the absence of cuts or suspensions.
Payability – Assesses the company’s financial ability to sustain its dividend, taking into account cash flow, earnings coverage, balance sheet strength, and overall financial health.
Growth – Evaluates the long-term growth of both the dividend and the company’s share price, highlighting businesses that consistently increase payouts while creating shareholder value.
Higher scores identify companies that have historically delivered dependable income alongside sustained dividend growth and long-term capital appreciation.
Company Overview
Smart Powerr Corp. is a holding company primarily engaged in the battery recycling and renewable energy materials industry, with a focus on the recycling and processing of spent lead-acid batteries and the sale of refined lead products. The company’s core activities are conducted through operating subsidiaries located in China, where it serves industrial customers involved in battery manufacturing and related downstream applications. Revenue is primarily generated from the recycling of used batteries and the sale of recycled lead and byproducts.
The company was incorporated in the United States and became publicly traded on the OTC Markets under the ticker symbol CREG. Its business model centers on leveraging environmental regulations in China that encourage formal battery recycling, positioning the company as a compliant recycler in a sector historically characterized by informal operators. Over time, Smart Powerr Corp. evolved from earlier renewable energy and power-related concepts into a more concentrated focus on battery recycling through its Chinese subsidiaries. Some historical business lines referenced in older disclosures are no longer active, and public information indicates a narrower operational scope in recent years.
Business Operations
The company conducts its operations primarily through its wholly owned subsidiary Henan Yipin New Energy Co., Ltd., which operates recycling facilities for used lead-acid batteries. This subsidiary is responsible for the collection, dismantling, smelting, and refining processes that convert spent batteries into reusable lead and other materials. The refined lead is sold to battery manufacturers and industrial users, forming the company’s principal revenue stream.
Operations are concentrated in China, with no material revenue-generating activities reported in the United States. The company’s assets include recycling equipment, smelting facilities, and environmental protection systems required for regulatory compliance. Public disclosures do not confirm the existence of significant joint ventures or strategic partnerships, and data on additional active subsidiaries is inconclusive based on available public sources.
Strategic Position & Investments
Smart Powerr Corp. positions itself as an environmentally compliant recycler within China’s regulated battery recycling ecosystem. Its strategy emphasizes adherence to environmental standards and government policies aimed at consolidating the recycling industry under licensed operators. Growth initiatives described in public filings focus on maintaining operational continuity and improving efficiency rather than aggressive expansion.
There is no verified public information indicating recent major acquisitions, large-scale capital investments, or diversification into new sectors beyond battery recycling. References to broader renewable energy or power-generation initiatives appear in historical disclosures, but current filings do not substantiate active investment in those areas. As such, data regarding emerging technologies or significant strategic investments beyond lead-acid battery recycling is inconclusive based on available public sources.
Geographic Footprint
The company’s operational footprint is concentrated in China, where its recycling facilities and workforce are located. Corporate oversight and public reporting obligations are tied to its status as a U.S.-incorporated, publicly traded entity, but there is no indication of material operations or facilities in North America.
Market presence outside China is limited, with no verified evidence of international sales offices, production facilities, or investments in other regions. The company’s geographic influence is therefore primarily domestic within the Chinese market, serving local and regional industrial customers.
Leadership & Governance
Smart Powerr Corp. is managed by an executive team responsible for both U.S. public company governance and oversight of Chinese operating subsidiaries. Leadership disclosures identify a small group of executives, reflecting the company’s limited scale and focused operations. The leadership philosophy, as reflected in filings, emphasizes regulatory compliance, cost control, and operational stability rather than rapid expansion.
Key executives disclosed in public filings include:
- Kang Li – Chief Executive Officer
- Chunhua Liu – Chief Financial Officer
- Yong Wang – Director
Information regarding founders, board independence, and broader governance practices is limited in public disclosures, and additional details cannot be conclusively verified based on available public sources.