Recon Technology, Ltd. Class A Ordinary Shares (RCON)
Recon Technology, Ltd. is a China-based provider of integrated oilfield services. The company primarily offers digital oilfield solutions, equipment sales, and technical services to oil and gas exploration and production companies. Recognized for its focus on technological innovation, Recon aims to enhance operational efficiency for its clients in the energy sector.
Company News
Recon Technology reported a 3.7% revenue decrease to RMB66.3 million for fiscal year 2025, with reduced performance in oilfield services and ongoing construction of a chemical recycling factory. Despite challenges, the company expanded its client base and reduced net losses.
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