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Post# of 4970061
Next 10
Followers 39
Posts 7306
Boards Moderated 0
Alias Born 10/17/2013

Re: None

Monday, 10/30/2023 5:22:12 AM

Monday, October 30, 2023 5:22:12 AM

Post# of 4970061
Time for a strong recovery
RCON : 0.25

52 Week Range 0.2500 - 2.1300

Shares Outstanding 38.53M

Market Cap : 9.63M

As of June 30, 2023, we had cash in the amount of approximately RMB104.1 million ($14.4 million) and short-term investment in bank fixed income product of approximately RMB184.2 million ($25.4 million). = 39.8M

Total Assets $ 73,341,964
Total Liabilities $ 12,780,285
= More than $ 60,000,000

Recon Technology, Ltd. is a provider of hardware, software and on-site services to companies in the petroleum mining and extraction industry in China, the People's Republic of China. The Company provides services designed to automate and enhance the extraction of petroleum. The Company controls by contract the People's Republic of China companies of Beijing BHD Petroleum Technology Co., Ltd. (BHD) and Nanjing Recon Technology Co., Ltd. It serves as the center of strategic management, financial control and human resources allocation for the Domestic Companies. Through its contractual relationships with the Domestic Companies, it provides equipment, tools and other hardware related to oilfield production and management, and develops and sells its specialized industrial automation control and information solutions. Its products and services include Equipment for Oil and Gas Production and Transportation, Oil and Gas Production Improvement Techniques, and Automation System and Service.

https://www.recon.cn

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