Recon Technology, Ltd. (RCON)
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Recon Technology, Ltd. provides hardware, software, and on-site services to companies in the petroleum mining and extraction industry in the People's Republic of China. The company offers equipment, tools, and other hardware related to oilfield production and management, and transportation; and develops and sells industrial automation control and information solutions. It also provides equipment for oil and gas production and transportation, including heating furnaces and burner, as well as enhancing techniques comprising packers of fracturing; production packers; sand prevention in oil and water wells; water locating and plugging techniques; fissure shaper; fracture acidizing techniques; and electronic broken-down services to resolve block-up and freezing problems. In addition, the company offers automation systems and services, including pumping unit controller that monitors the pumping units and collects data; RTU to monitor natural gas wells and collect gas well pressure data; wireless dynamometers and wireless pressure gauges; electric multi-way valves for oilfield metering station flow control; and natural gas flow computer systems. Further, it provides Recon SCADA oilfield monitor and data acquisition system for supervision and data collection; EPC service of pipeline SCADA system for pipeline monitoring and data acquisition; EPC service of oil and gas wells SCADA system for monitoring and data acquisition of oil wells and natural gas wells; EPC service of oilfield video surveillance and control system to control the oil and gas wellhead and measurement station areas; and technique service for digital oilfield transformation. Additionally, the company offers oilfield waste water treatment solutions and related chemicals; and oily sludge disposal solutions. Recon Technology, Ltd. was incorporated in 2007 and is headquartered in Beijing, the People's Republic of China.
NEWS
Recon Hits Milestone: Chemical Recycling Plant Construction Finished as Project Nears Production Launch
prnewswire.com
2025-08-25 08:30:00BEIJING , Aug. 25, 2025 /PRNewswire/ -- Recon Technology Ltd. ("Recon" or "the Company"), a China-based provider of oilfield and low-carbon energy services, announced today that the main manufacturing plant for Shandong Recon Renewable Resources Technology Co., Ltd.
Recon Awarded Mega $5.85 Million Contract to Provide Upgrades Service for Large Mid-Asia Gas Field
prnewswire.com
2025-08-05 08:30:00BEIJING , Aug. 5, 2025 /PRNewswire/ -- Recon Technology Ltd. ("Recon" or "the Company"), a China-based provider of oilfield and low-carbon energy services, announced today that one of its domestic affiliated entities has been awarded major contracts to upgrade and retrofit related automation systems for some large Asian gas field.
Recon Technology, Ltd Reports Financial Results for the First Six Months of Fiscal Year 2025
prnewswire.com
2025-03-31 16:30:00BEIJING , March 31, 2025 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ: RCON) ("Recon" or the "Company"), a China-based independent solutions integrator in the oilfield service and environmental protection, electric power and coal chemical industries, today announced its financial results for the first six months of fiscal year 2025. First Six Months of Fiscal 2025 Financial Highlights: Total revenue decreased to RMB42.1 million ($5.8 million) for the six months ended December 31, 2024, from RMB45.3 million ($6.2 million) for the same period in 2023.
Recon Technology, Ltd Reports Financial Year Results for Fiscal Year 2024
prnewswire.com
2024-10-30 08:30:00BEIJING , Oct. 30, 2024 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ: RCON) ("Recon" or the "Company"), a China-based independent solutions integrator in the oilfield service and environmental protection, electric power and coal chemical industries, today announced its financial results for fiscal year 2024. Fiscal Year Ended June 30, 2024 Financial Highlights: Total revenue increase by approximately RMB1.7 million ($0.2 million) or 2.6% to RMB68.8 million ($9.5 million) for the year ended June 30, 2024 from RMB67.1million ($9.2 million) for the same period in 2023.
RCON Stock Dips by 5.41% Amid Latest Financial Data Release
gurufocus.com
2024-10-02 16:13:44Recon Technology (RCON, Financial) experienced a significant drop of 5.41% in its stock price to $2.80 per share. The trading volume reached 30,236 shares with a turnover rate of 0.11% and an amplitude of 10.81%.
Recon Technology, Ltd Reports Financial Results for the First Six Months of Fiscal Year 2024
prnewswire.com
2024-06-28 08:30:00BEIJING , June 28, 2024 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ: RCON) ("Recon" or the "Company"), a China-based independent solutions integrator in the oilfield service and environmental protection, electric power and coal chemical industries, today announced its financial results for the first six months of fiscal year 2024. First Six Months of Fiscal 2024 Financial Highlights: - Total revenue w as RMB45.3 million ($6.4 million) for the six months ended December 31, 2023, identical to the same period in 2022.
Recon Technology Regains Nasdaq Compliance; Hearing Moot
prnewswire.com
2024-05-23 09:59:00BEIJING , May 23, 2024 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON) ("Recon" or the "Company") announced today that on May 22, 2024, it had received a letter dated May 22, 2024 (the "Compliance Letter") from the Listing Qualifications Hearings Department of Nasdaq notifying the Company that (i) the Company's bid price deficiency had been cured and (ii) the Company was in compliance with all applicable listing standards.
Stock Market Crash Warning: Don't Get Caught Holding These 3 Oil & Gas Stocks
investorplace.com
2024-05-01 10:00:00If you've been paying attention to the market, a bearish list on oil and gas stocks might seem odd. Looking at two primary indicators of crude prices — West Texas Intermediate (WTI) and Brent crude oil — prices for the commodity have risen steadily in 2024.
Recon Technology Receives Nasdaq Delisting Determination; Submits Appeal
prnewswire.com
2024-04-29 16:45:00BEIJING , April 29, 2024 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON) ("Recon" or the "Company") announced today that on April 23, 2024, it has received a Staff determination letter (the "Letter") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company of the Staff's determination to delist the Company's securities from The Nasdaq Capital Market because the Company currently fails to satisfy the requirement that the closing bid price of its securities remain at $1.00 or higher as required by Nasdaq Listing Rule 5810(c)(3)(A) (the "Minimum Bid Price Rule").
Recon Technology Announces 1-for-18 Reverse Stock Split
prnewswire.com
2024-04-25 16:45:00BEIJING , April 25, 2024 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON) ("Recon" or the "Company") announced today that the Company's shareholders approved on March 29, 2024 to effect a reverse stock split of the Company's Class A ordinary shares at the ratio of one-for-eighteen with the market effective date of May 1, 2024.
Recon Technology Secures US$3 Million in Contracts with Newly Developed Customer for Electronic Components and Materials
prnewswire.com
2024-03-11 08:30:00BEIJING , March 11, 2024 /PRNewswire/ -- Recon Technology Ltd ("Recon" or the "Company"), a China-based provider of oilfield services and low-carbon energy services, today announced two recently awarded bids from a newly developed oilfield-industry customer for the supply of electronic components and materials used in oilfield production. The total value of these contracts exceeds US$3 million and represents a significant milestone for the Company.
Recon Technology to Exhibit Plastic Chemical Recycling Solutions at 2024 Plastics Recycling Conference in Texas
prnewswire.com
2024-03-04 08:30:00BEIJING , March 4, 2024 /PRNewswire/ -- Recon Technology Ltd ("Recon" or the "Company"), a China-based oilfield service provider and low-carbon energy service provider, today announced that it will participate in the 2024 Plastics Recycling Conference in Grapevine, Texas, from March 25th to 27th. At the conference, Recon will showcase its solutions for low value plastic chemical recycling, including its solution on waste plastic collection and treatment, basic processing and techniques, factory construction progress and expected production capacity, and main outputs of the process.
Recon Technology, Ltd Reports Financial Year Results for Fiscal Year 2023
prnewswire.com
2023-10-27 16:30:00BEIJING, Oct. 27, 2023 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ: RCON) ("Recon" or the "Company"), a China-based independent solutions integrator in the oilfield service and environmental protection, electric power and coal chemical industries, today announced its financial results for fiscal year 2023. Fiscal Year Ended June 30, 2023 Financial Highlights: - Total revenue decreased by approximately RMB16.7 million ($2.3 million) or 19.9% to RMB67.1 million ($9.3 million) for the year ended June 30, 2023 from RMB83.8million ($12.5 million) for the same period in 2022.
Recon Receives NASDAQ Minimum Bid Price Requirement Extension
prnewswire.com
2023-10-27 08:30:00BEIJING , Oct. 27, 2023 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ: RCON) ("Recon" or the "Company") today announced that on October 25, 2023, it received notification from The Nasdaq Stock Market LLC ("NASDAQ") confirming the Company has been granted an additional 180 calendar day period for compliance under its minimum bid price requirement through April 22, 2024. To regain compliance with NASDAQ's minimum bid price requirement, the closing bid price of the Company's ordinary shares needs to be at least $1.00 per share or greater for at least ten consecutive trading days by April 22, 2024.
Future Gas Station and Jiangsu Jiademan Join Forces to Revolutionize Fueling Services for a Leading Digital Freight Platform
prnewswire.com
2023-07-18 08:30:00BEIJING , July 18, 2023 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ: RCON) ("Recon" or the "Company") is proud to announce a strategic partnership between its affiliate, Future Gas Station (Beijing) Technology Ltd. ("FGS") and Jiangsu Jiademan Information Technology Co., Ltd.
Top 3 Energy Stocks Which Could Rescue Your Portfolio This Month - Camber Energy (AMEX:CEI), Recon Technology (NASDAQ:RCON)
benzinga.com
2023-06-30 08:39:13The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.
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Recon Hits Milestone: Chemical Recycling Plant Construction Finished as Project Nears Production Launch
prnewswire.com
2025-08-25 08:30:00BEIJING , Aug. 25, 2025 /PRNewswire/ -- Recon Technology Ltd. ("Recon" or "the Company"), a China-based provider of oilfield and low-carbon energy services, announced today that the main manufacturing plant for Shandong Recon Renewable Resources Technology Co., Ltd.
Recon Awarded Mega $5.85 Million Contract to Provide Upgrades Service for Large Mid-Asia Gas Field
prnewswire.com
2025-08-05 08:30:00BEIJING , Aug. 5, 2025 /PRNewswire/ -- Recon Technology Ltd. ("Recon" or "the Company"), a China-based provider of oilfield and low-carbon energy services, announced today that one of its domestic affiliated entities has been awarded major contracts to upgrade and retrofit related automation systems for some large Asian gas field.
Recon Technology, Ltd Reports Financial Results for the First Six Months of Fiscal Year 2025
prnewswire.com
2025-03-31 16:30:00BEIJING , March 31, 2025 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ: RCON) ("Recon" or the "Company"), a China-based independent solutions integrator in the oilfield service and environmental protection, electric power and coal chemical industries, today announced its financial results for the first six months of fiscal year 2025. First Six Months of Fiscal 2025 Financial Highlights: Total revenue decreased to RMB42.1 million ($5.8 million) for the six months ended December 31, 2024, from RMB45.3 million ($6.2 million) for the same period in 2023.
Recon Technology, Ltd Reports Financial Year Results for Fiscal Year 2024
prnewswire.com
2024-10-30 08:30:00BEIJING , Oct. 30, 2024 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ: RCON) ("Recon" or the "Company"), a China-based independent solutions integrator in the oilfield service and environmental protection, electric power and coal chemical industries, today announced its financial results for fiscal year 2024. Fiscal Year Ended June 30, 2024 Financial Highlights: Total revenue increase by approximately RMB1.7 million ($0.2 million) or 2.6% to RMB68.8 million ($9.5 million) for the year ended June 30, 2024 from RMB67.1million ($9.2 million) for the same period in 2023.
RCON Stock Dips by 5.41% Amid Latest Financial Data Release
gurufocus.com
2024-10-02 16:13:44Recon Technology (RCON, Financial) experienced a significant drop of 5.41% in its stock price to $2.80 per share. The trading volume reached 30,236 shares with a turnover rate of 0.11% and an amplitude of 10.81%.
Recon Technology, Ltd Reports Financial Results for the First Six Months of Fiscal Year 2024
prnewswire.com
2024-06-28 08:30:00BEIJING , June 28, 2024 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ: RCON) ("Recon" or the "Company"), a China-based independent solutions integrator in the oilfield service and environmental protection, electric power and coal chemical industries, today announced its financial results for the first six months of fiscal year 2024. First Six Months of Fiscal 2024 Financial Highlights: - Total revenue w as RMB45.3 million ($6.4 million) for the six months ended December 31, 2023, identical to the same period in 2022.
Recon Technology Regains Nasdaq Compliance; Hearing Moot
prnewswire.com
2024-05-23 09:59:00BEIJING , May 23, 2024 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON) ("Recon" or the "Company") announced today that on May 22, 2024, it had received a letter dated May 22, 2024 (the "Compliance Letter") from the Listing Qualifications Hearings Department of Nasdaq notifying the Company that (i) the Company's bid price deficiency had been cured and (ii) the Company was in compliance with all applicable listing standards.
Stock Market Crash Warning: Don't Get Caught Holding These 3 Oil & Gas Stocks
investorplace.com
2024-05-01 10:00:00If you've been paying attention to the market, a bearish list on oil and gas stocks might seem odd. Looking at two primary indicators of crude prices — West Texas Intermediate (WTI) and Brent crude oil — prices for the commodity have risen steadily in 2024.
Recon Technology Receives Nasdaq Delisting Determination; Submits Appeal
prnewswire.com
2024-04-29 16:45:00BEIJING , April 29, 2024 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON) ("Recon" or the "Company") announced today that on April 23, 2024, it has received a Staff determination letter (the "Letter") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company of the Staff's determination to delist the Company's securities from The Nasdaq Capital Market because the Company currently fails to satisfy the requirement that the closing bid price of its securities remain at $1.00 or higher as required by Nasdaq Listing Rule 5810(c)(3)(A) (the "Minimum Bid Price Rule").
Recon Technology Announces 1-for-18 Reverse Stock Split
prnewswire.com
2024-04-25 16:45:00BEIJING , April 25, 2024 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON) ("Recon" or the "Company") announced today that the Company's shareholders approved on March 29, 2024 to effect a reverse stock split of the Company's Class A ordinary shares at the ratio of one-for-eighteen with the market effective date of May 1, 2024.
Recon Technology Secures US$3 Million in Contracts with Newly Developed Customer for Electronic Components and Materials
prnewswire.com
2024-03-11 08:30:00BEIJING , March 11, 2024 /PRNewswire/ -- Recon Technology Ltd ("Recon" or the "Company"), a China-based provider of oilfield services and low-carbon energy services, today announced two recently awarded bids from a newly developed oilfield-industry customer for the supply of electronic components and materials used in oilfield production. The total value of these contracts exceeds US$3 million and represents a significant milestone for the Company.
Recon Technology to Exhibit Plastic Chemical Recycling Solutions at 2024 Plastics Recycling Conference in Texas
prnewswire.com
2024-03-04 08:30:00BEIJING , March 4, 2024 /PRNewswire/ -- Recon Technology Ltd ("Recon" or the "Company"), a China-based oilfield service provider and low-carbon energy service provider, today announced that it will participate in the 2024 Plastics Recycling Conference in Grapevine, Texas, from March 25th to 27th. At the conference, Recon will showcase its solutions for low value plastic chemical recycling, including its solution on waste plastic collection and treatment, basic processing and techniques, factory construction progress and expected production capacity, and main outputs of the process.
Recon Technology, Ltd Reports Financial Year Results for Fiscal Year 2023
prnewswire.com
2023-10-27 16:30:00BEIJING, Oct. 27, 2023 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ: RCON) ("Recon" or the "Company"), a China-based independent solutions integrator in the oilfield service and environmental protection, electric power and coal chemical industries, today announced its financial results for fiscal year 2023. Fiscal Year Ended June 30, 2023 Financial Highlights: - Total revenue decreased by approximately RMB16.7 million ($2.3 million) or 19.9% to RMB67.1 million ($9.3 million) for the year ended June 30, 2023 from RMB83.8million ($12.5 million) for the same period in 2022.
Recon Receives NASDAQ Minimum Bid Price Requirement Extension
prnewswire.com
2023-10-27 08:30:00BEIJING , Oct. 27, 2023 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ: RCON) ("Recon" or the "Company") today announced that on October 25, 2023, it received notification from The Nasdaq Stock Market LLC ("NASDAQ") confirming the Company has been granted an additional 180 calendar day period for compliance under its minimum bid price requirement through April 22, 2024. To regain compliance with NASDAQ's minimum bid price requirement, the closing bid price of the Company's ordinary shares needs to be at least $1.00 per share or greater for at least ten consecutive trading days by April 22, 2024.
Future Gas Station and Jiangsu Jiademan Join Forces to Revolutionize Fueling Services for a Leading Digital Freight Platform
prnewswire.com
2023-07-18 08:30:00BEIJING , July 18, 2023 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ: RCON) ("Recon" or the "Company") is proud to announce a strategic partnership between its affiliate, Future Gas Station (Beijing) Technology Ltd. ("FGS") and Jiangsu Jiademan Information Technology Co., Ltd.
Top 3 Energy Stocks Which Could Rescue Your Portfolio This Month - Camber Energy (AMEX:CEI), Recon Technology (NASDAQ:RCON)
benzinga.com
2023-06-30 08:39:13The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.