China Clean Energy Inc. is a US-listed Chinese company that develops, manufactures, and distributes specialty chemicals and biodiesel made from renewable resources. It sells products such as monomer acid, dimer acid, polyamide resins, and polyamide hot melt adhesive that are used in various industrial processes. Unlike many clean tech companies, China Clean Energy has been profitable since its founding in 1995 and has robust margins, real assets, and little debt. It is significantly undervalued compared to similar large Western companies and fast growing Chinese companies.

1. China Clean Energy Inc. (OTC QB: CCGY) (VIEW IN FULLSCREEN MODE) A US-listed, developer, manufacturer, and distributor of specialty chemicals and biodiesel, made from renewable resources, doing business in the People’s Republic of China (“PRC”). A well-known, public, US-based company in the same business: DOW Chemical (NYSE: DOW) Website: http://www.ChinaCleanEnergyInc.com CFO Contact: william.chen@chinacleanenergyinc.com IR and Media Contact: david.rudnick@ccgir.com Facebook: http://www.facebook.com/ChinaCleanEnergyInc.CCGY Presentation By: William C. Steppacher. Jr. Last Updated: June 1, 2011

2. China Clean Energy Inc. (OTC QB: CCGY) What does China Clean Energy (CCE) do? What do they sell? How do they make money? CCE is a specialty chemicals company, similar to DOW Chemical, except that they are based in China and sell most of their products in China, and they develop their products through proprietary and patented processes using clean, renewable resources. Their products such as monomer acid, dimer acid, polyamide resins, and polyamide hot melt adhesive are vital to many industrial and manufacturing processes. They also sell biodiesel, another type of specialty chemical. Otherwise known as the feedstock, the types of renewable resources that can be used to produce the chemicals are numerous. They include waste vegetable oil, waste grease, palm oil waste, cotton seed waste, and many others. The company makes use of waste that otherwise would be discarded. Unlike many clean tech companies, CCE, which was founded in 1995, is profitable and enjoys robust margins, real assets, and little debt.

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18. China Clean Energy Inc. (OTC QB: CCGY) A Note About the Auditor Since looking at the auditor and its reputation is one of the first things you should do when considering investing in a small, US-listed Chinese stock, we thought it was important to point out that CCE has one of the top-rated auditors in the world. Friedman LLP, (friedmanllp.com) is the auditor for China Clean Energy, Inc. Recently, Friedman LLP ranked number three among auditors serving Chinese-based SEC registrant companies, according to an analysis by Audit Analytics published in the February 18, 2011 issue of Accounting News Report (ANR). The analysis was based on registrant filings. According to the analysis, Friedman LLP precedes Big Four firms KPMG LLP and Ernst & Young LLP, and follows Deloitte & Touche and PricewaterhouseCoopers LLP. Keep in mind there are 100’s of auditors of SEC registrant companies, and many Chinese-based companies use auditors that aren’t even ranked in the top 100.

19. China Clean Energy Inc. (OTC QB: CCGY) A Note About the Valuation We’ve shown how undervalued CCE is compared to a large cap, US-listed, well-known company in the same business, Dow Chemical. But when you compare it to fast growing, Chinese-listed and based, small caps, it’s even more so. The average P/E for the 500 Chinese companies that make-up the China Smallcap Index, the CSI Smallcap 500 Index (SH000905:IND) , is 28.3. CCE is trading right around a 2P/E! Where would the stock be trading if it had a 28 P/E? Right around $7! What if you put that multiple on their estimated FY 11 EPS of $0.36? Right around $10! The only difference is that CCE is US-listed and not listed on an Asian exchange. Yes…small, unknown, US-listed Chinese companies have generally traded at a modest discount to their Asian-listed peers, in recent years. But, that discount is small and decreasing, and should continue to decrease as US investors move more and more money back into equities and look outside of the US for growth.

20. China Clean Energy Inc. (OTC QB: CCGY) A Note About the Valuation (continued) Every US-listed Chinese stock that went public through a reverse merger is facing increased scrutiny from investors. There is a shadow of doubt overhanging the earnings reports of every one of these companies due to the various forms of fraud that have occurred within many of them. This has caused the entire sector to experience a drop in valuation. Many of these companies are now trading at very low multiples. But, you have to ask yourself, what is going to happen when the bad apples are shaken out and this cloud of doubt is lifted? Are the good companies going to start trading again at a more traditionally normal valuation? I think so… The trouble is obviously finding these companies, but I think we have one here. They have done everything right and continue to do so. Buying stock in a solid company in March 2009 was a great move. You had a chance to buy stock in great companies at a significant discount to where they should be trading. I think you have the same opportunity here.

21. China Clean Energy Inc. (OTC QB: CCGY) A Note About Their Listing on the OTC QB There has been some confusion regarding their listing status due to the change in the suffix from CCGY.OB to CCGY.PK. They are NOT listed on the Pink Sheets. They are listed on the OTC QB exchange which is a market tier for U.S. listed companies that are in compliance with their SEC reporting obligations. This change was made on Feb. 23, 2011. For years, .PK was a sign of a speculative, non-compliant company, or maybe a company that had just been delisted, but now there are three different tiers that companies can be in with a .PK suffix. So, in order to prevent the negative reaction usually associated with a change to a .PK suffix, the company issued a press release on March 2, 2011 to try and prevent any misunderstandings. Because new investors may still automatically think it’s a Pink Sheet stock when they see a .PK suffix, I thought it was best to point this out. The entire press release can be found on their website (ChinaCleanEnergyInc.com). An excerpt is below: “China Clean Energy Inc. (OTC QB: CCGY)…announced today that the Company began trading on the OTCQB, a marketplace developed by the OTC Markets Group, as of February 23, 2011 under the ticker symbol CCGY. The OTC Markets Group is a leader in using technology to bring positive changes to the OTC market, and many broker-dealers are now exclusively using its platform to quote OTC securities. In the past week certain market makers have stopped issuing quotes on the OTC Bulletin Board in favor of the OTCQB. As a result of the lack of quotation activity on the OTCBB, China Clean Energy is now quoted on the OTCQB. The OTCQB is a market tier for U.S. listed companies that are in compliance with their SEC reporting obligations. The Company wishes to confirm that China Clean Energy remains current with the Securities and Exchange Commission reporting requirements and that its fillings can be found at http://www.sec.gov.” For accurate price and volume information regarding China Clean Energy on the OTCQB marketplace please visit: http://www.otcmarkets.com/stock/CCGY/quote

22. China Clean Energy Inc. (OTC QB: CCGY) Why Invest in this Company for the Long-Term? This is an opportunity to purchase shares in a vastly undervalued, quickly growing, proven and highly profitable company that benefits from high oil prices and the push towards clean and renewable products. (And they will even benefit from a strengthening Yuan) Everyone knows that the 21st century will belong to China, and this stock gives you an opportunity to invest in China and its rapid growth yet still be protected by the strict regulations and reporting requirements of the US markets. Quarter after quarter they continue to prove themselves and exceed expectations. The growth has been fast and stable and there is no reason to expect that to change in the near future. The chemicals market in China is expanding rapidly as industrial and manufacturing growth continues at a breakneck pace. This company is perfectly positioned to take advantage of it. The stock is off-the-radar, but that will certainly change when they move to a senior exchange, if not sooner.

24. Vastly Undervalued

25. Top-Rated Auditor

26. Plans to List on the Nasdaq or AMEX

27. Benefits from China’s Robust Domestic Growth

28. Benefits from High Oil

29. Benefits from a Strengthening Yuan and Even Inflation

30. Benefits from a Push Towards Clean Energy and Products

31. Sound Expansion and Growth Plans

32. Numerous Catalysts for Stock Price Appreciation

33. Invest in China’s Growth with the Peace of Mind of Buying a US Security

34. Little Debt, Strong Balance Sheet

36. China Clean Energy Inc. (OTC QB: CCGY) You have questions…we have answers! Join the discussion on our Facebook page. Feel free to post your questions or comments on our “Wall” or on the newly created “Discussion Board” found amongst the other tabs in the upper left of our page. You can also contact management directly by emailing the CFO at william.chen@chinacleanenergyinc.com. Unlike the CFOs of many US-listed Chinese stocks, he is very accessible and is quick to respond to any questions. He is NY-based, so large and institutional investors would be well-served to contact him and schedule a face-to-face meeting. This brief presentation was put together by William C. Steppacher, Jr. a shareholder in the company. You can also view the company’s corporate presentation by visiting their website at ChinaCleanEnergyInc.com. Previous Press Releases, Earnings Releases, Conference Calls, and Transcripts, are also available on the company’s website.