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Recon Technology RCON · USD

Energy · US listing · 🇺🇸 United States

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0.88

+5.66%

Close of 9 Nov 2026, in USD

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About Recon Technology

From its filings with the US Securities and Exchange Commission

SEC filings

Recon Technology is based in Beijing and is incorporated in Cayman Islands. Its shares trade on Nasdaq under the ticker RCON. The SEC classifies its business as oil & gas field services, nec. In the fiscal year to 30 June 2016, it reported revenue of $6.4m and a net loss of $6.2m. At that date it held total assets of $12.0m and shareholders' equity of $6.2m.

Read the filing on SEC.gov ↗

Company facts

Sector
Energy
Industry
Energy Equipment & Services
Listed since
30 Jul 2009
Employees
89
Website
recon.cn ↗
Head office
ROOM 601, 1 SHUI'AN SOUTH STREET, BEIJING, 100012
Incorporated in
E9
Classification
Oil & Gas Field Services, NEC
Filer status
Non-accelerated filer

Leadership

Pay as last reported

  • Mr. Yongquan BiChairman of the Board, since 2018
  • Mr. Shenping YinChief Executive Officer, Director$170,000
  • Ms. Jia LiuChief Financial Officer$111,250
  • Mr. Guangqiang ChenChief Technology Officer, Director$207,164
  • Dr. Yonggang DuanIndependent Director$8,000
  • Mr. Jijun HuIndependent Director$8,000
  • Mr. Nelson WongIndependent Director$8,000
  • Mr. Shudong ZhaoIndependent Director$8,000

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Headquartered in Beijing with 89 employees
  • Provides automation systems for oilfield equipment and services
  • Controls contractual relationships with Beijing BHD Petroleum Technology Co., Ltd. and Nanjing Recon Technology Co., Ltd.

Weaknesses

  • Industry is unknown, creating uncertainty about market positioning
  • IPO date is 2009-07-30, indicating potential age of business model
  • Source description treats facts as untrusted, suggesting reliability issues

Opportunities

  • Expanding automation solutions for oilfield extraction could increase market share
  • Contractual control over domestic companies may enable strategic growth
  • Energy sector focus aligns with global demand for oilfield technology

Threats

  • Untrusted source description may lead to inaccurate financial data
  • Industry unknown status could deter investors or partners
  • IPO in 2009 may indicate outdated technology or business model

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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