Company Recon Technology

Equities

RCON

KYG7415M1244

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-18 pm EDT			5-day change	1st Jan Change
0.0984 ^USD	-1.20%		-32.14%	-57.86%

Mar. 11	Recon Technology Ltd Secures USD 3 Million in Contracts with Newly Developed Customer for Electronic Components and Materials	CI
Feb. 02	Recon Technology, Ltd. announced that it has received $11 million in funding	CI

Business Summary

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.

Number of employees: 188

Sales per Business

USD in Million	2022	Weight	2023	Weight	Delta
Automation Product and Software 39.7 %	5	38.1 %	4	39.7 %	-22.65%
Oilfield Environmental Protection 28.5 %	4	30.2 %	3	28.5 %	-29.99%
Equipment and Accessories 24.2 %	3	20.5 %	2	24.2 %	-12.14%
Platform Outsourcing Services 7.6 %	1	11.1 %	1	7.6 %	-49.11%

Sales per region

USD in Million	2022	Weight	2023	Weight	Delta
China 100.0 %	13	100.0 %	10	100.0 %	-25.66%

Managers

Managers	Title	Age	Since
Guang Qiang Chen FOU	Founder	61	07-08-20
Shen Ping Yin FOU	Founder	54	07-08-20
Jia Liu DFI	Director of Finance/CFO	41	07-12-31

Members of the board

Members of the board	Title	Age	Since
Shen Ping Yin FOU	Founder	54	07-08-20
Guang Qiang Chen FOU	Founder	61	07-08-20
Nelson N. S. Wong BRD	Director/Board Member	62	07-12-31
Ji Jun Hu BRD	Director/Board Member	59	07-12-31
Shu Dong Zhao BRD	Director/Board Member	78	12-12-31
Jia Liu DFI	Director of Finance/CFO	41	07-12-31
Yonggang Duan BRD	Director/Board Member	60	20-03-18

Shareholders

Name	Equities	%	Valuation
Sabby Management LLC 2.434 %	3,449,642	2.434 %	510 547 $
Jia Liu 0.8054 %	1,141,250	0.8054 %	168 905 $
Shen Ping Yin 0.4959 %	702,712	0.4959 %	104 001 $
Guang Qiang Chen 0.4484 %	635,328	0.4484 %	94 029 $
Ayrton Capital LLC 0.4012 %	568,546	0.4012 %	84 145 $
Renaissance Technologies LLC 0.2652 %	375,734	0.2652 %	55 609 $
Ji Jun Hu 0.0360 %	51,001	0.0360 %	7 548 $
Citadel Securities GP LLC 0.0281 %	39,875	0.0281 %	5 902 $
Shu Dong Zhao 0.0261 %	36,934	0.0261 %	5 466 $
Nelson N. S. Wong 0.0251 %	35,500	0.0251 %	5 254 $