Followers | 3817 |
Posts | 241289 |
Boards Moderated | 0 |
Alias Born | 07/30/2007 |
Monday, October 16, 2017 4:52:17 PM
BEIJING, Oct. 16, 2017 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON), ("Recon" or the "Company"), a China-based independent solutions integrator in the oilfield service, electric power and coal chemical industries, today announced that it has signed a three-year strategic cooperation agreement ("Agreement") with Beijing OriginWater Purification Engineering Technology Co., Ltd ("BOW Engineering"), a subsidiary of Beijing OriginWater Technology Co. Ltd. (Shenzhen Stock Exchange: 300070) ("BOW"). Pursuant to the Agreement, Recon Technology and BOW Engineering will cooperate to promote advanced sewage treatment technology in Chinese oilfield markets and to provide integrative solutions and services of superior quality and effectiveness to tackle industrial water pollution.
Recon Technology united with BOW Engineering to render effective waste water treatment solution for a PetroChina petroleum refinery earlier this year(The full text of the press release can be read here: recon.mediaroom.com/2017-05-30-Recon-Completes-an-Agreement-to-Provide-Wastewater-Treatment-Equipment-and-Solution-for-a-PetroChina-Petroleum-Refinery?pagetemplate=widgetpopup, and achieved superb results. Based on this prior success, both parties decided that a more comprehensive strategic relationship would be beneficial to their business development in this area.
Management Commentary
"We are excited about BOW Engineering's unique membrane technologies and rich experiences in sewage treatment industry," said Mr. Shenping Yin, CEO of Recon Technology. "Chinese government as well as large oil companies are dedicated to protecting the environmental during oil production and seeking more efficient techniques and equipment to realize cost-saving and meet increasingly stringent environmental protection requirement. Recon Technology has provided reliable and efficient technologies to China's major oilfield companies, such as CNPC and Sinopec, for years. Recon Technology has made some strides in oily sewage treatment for last two years. With its abundant market experience, deep insights and visions in oilfield markets, and support of BOW's team of specialists, we believe Recon will maintain research and technological advantages and deliver better performance."
About Beijing OriginWater Technology Co., Ltd. (Shenzhen Stock Exchange: 300070) and Beijing OriginWater Purification Engineering Technology Co., Ltd
Founded in 2001 and listed in Shenzhen market in 2010, Beijing OriginWater Technology Co. Ltd. is a one stop solution provider that has dedicated itself to resolving China's three main water issues: water pollution, water shortage and drinking water insecurity. BOW is one of the world biggest membrane tech R&D, manufacturing and application enterprises and is also the alpha dog of environmental protection enterprises on Growth Enterprises Exchange Market.
Beijing OriginWater Purification Engineering Technology Co., Ltd is an affiliation of Beijing OriginWater Technology Co. Ltd and focusing on render of complete resolutions of drinking water treatment to areas with fresh water supply threaten.
About Recon Technology, Ltd. (NASDAQ: RCON)
Recon Technology, Ltd. is China's first listed non-state owned oil and gas field service company on NASDAQ. Recon supplies China's largest oil exploration companies, Sinopec (NYSE: SNP) and CNPC, with advanced automated technologies, efficient gathering and transportation equipment and reservoir stimulation measure for increasing petroleum extraction levels, reducing impurities and lowering production costs. Through the years, RCON has taken leading positions on several segmented markets of the oil and gas filed service industry. RCON also has developed stable long-term cooperation relationship with its major clients, and its products and service are also well accepted by clients. For additional information please visit: www.recon.cn .
Company Contact
Liu Jia, CFO
Recon Technology, Ltd.
+86 (10) 8494-5799
info@recon.cn
View original content:http://www.prnewswire.com/news-releases/recon-and-bow-signed-sewage-treatment-strategic-cooperation-agreement-300536997.html
SOURCE Recon Technology, Ltd.
Copyright 2017 PR Newswire
Recent RCON News
- Recon Technology, Ltd Reports Financial Results for the First Six Months of Fiscal Year 2024 • PR Newswire (US) • 06/28/2024 12:30:00 PM
- Form 20-F/A - Annual and transition report of foreign private issuers [Sections 13 or 15(d)]: [Amend] • Edgar (US Regulatory) • 05/24/2024 08:32:01 PM
- Recon Technology Regains Nasdaq Compliance; Hearing Moot • PR Newswire (US) • 05/23/2024 01:59:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/23/2024 12:31:23 PM
- Recon Technology Receives Nasdaq Delisting Determination; Submits Appeal • PR Newswire (US) • 04/29/2024 08:45:00 PM
- Recon Technology Announces 1-for-18 Reverse Stock Split • PR Newswire (US) • 04/25/2024 08:45:00 PM
- Recon Technology Secures US$3 Million in Contracts with Newly Developed Customer for Electronic Components and Materials • PR Newswire (US) • 03/11/2024 12:30:00 PM
- Recon Technology to Exhibit Plastic Chemical Recycling Solutions at 2024 Plastics Recycling Conference in Texas • PR Newswire (US) • 03/04/2024 01:30:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/13/2024 09:19:19 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/05/2024 09:31:52 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 01/03/2024 06:30:47 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 12/15/2023 01:30:13 PM
- Form 20-F/A - Annual and transition report of foreign private issuers [Sections 13 or 15(d)]: [Amend] • Edgar (US Regulatory) • 12/07/2023 09:30:21 PM
- Recon Technology, Ltd Reports Financial Year Results for Fiscal Year 2023 • PR Newswire (US) • 10/27/2023 08:30:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 10/27/2023 12:30:06 PM
- Recon Receives NASDAQ Minimum Bid Price Requirement Extension • PR Newswire (US) • 10/27/2023 12:30:00 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM