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Recon Technology Ltd (RCON.OQ)

RCON.OQ on NASDAQ Stock Exchange Capital Market

1.10USD
28 Sep 2016
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Latest Key Developments (Source: Significant Developments)

Recon Technology files for mixed shelf of up to $35 million - SEC Filing
Monday, 19 Sep 2016 05:56pm EDT 

Recon Technology Ltd:Files for mixed shelf of up to $35 million - SEC Filing.  Full Article

Recon Technology Q3 revenue fell 77.3 percent to RMB 4.5 million
Tuesday, 17 May 2016 03:24am EDT 

Recon Technology Ltd : Q3 net loss to shareholders was rmb 9.6 million ( $1.5 million ), or rmb 1.66 ($0.26) per diluted share . Qtrly adjusted net loss attributable to recon $0.18 per diluted share . Recon technology, ltd. Reports fiscal year 2016 third quarter financial results .Q3 revenue fell 77.3 percent to rmb 4.5 million.  Full Article

Recon Technology Ltd signs agreement with Petrochina's Qinghai Oilfield to sell Chemicals used for wastewater treatment
Tuesday, 12 Jan 2016 06:30am EST 

Recon Technology Ltd:Signs agreement with petrochina's qinghai oilfield to sell chemicals used for wastewater treatment.Says agreement, which is valued at RMB 3.98 million.Says executed an agreement with qinghai oilfield, Petrochina co's unit to sell chemical agents.  Full Article

Recon Technology Ltd announces acquisition of Qinghai Hua You Downhole Technology Co
Monday, 7 Dec 2015 06:30am EST 

Recon Technology Ltd:Announced that the Company will acquire a 100% equity interest in Qinghai Hua You Downhole Technology Co., Ltd. (QHHY).Pursuant to a share purchase agreement executed as of Dec. 1, 2015, the Company has agreed to acquire a 100% equity interest in QHHY for $6.0 million, including $3.6 million worth of Recon ordinary shares and $2.4 million in cash.All cash consideration will be payable based on QHHY achieving certain annual net profit targets for fiscal 2016 and fiscal 2017.  Full Article

Recon Technology Ltd enters into MoU to acquire an Oilfield Service Company in Qinghai
Wednesday, 29 Jul 2015 06:30am EDT 

Recon Technology Ltd:Enters into memorandum of understanding to acquire an oilfield service company in qinghai.Says has agreed to acquire 100 pct stake in qhhy with a combination of cash and the company stock.Says terms and conditions of a definitive agreement are currently being negotiated between the two parties.Pursuant to MOU entered into by and between company and QHHY on July 29, company has agreed to acquire 100 pct stake in QHHY with combination of cash and company stock.Terms and conditions of definitive agreement are currently being negotiated between two parties.  Full Article

Recon Technology Ltd becomes a qualified contractor (subcontractor) for Sinopec Subsidiary and secured a contract
Wednesday, 10 Jun 2015 06:30am EDT 

Recon Technology Ltd:Received Contractor (Subcontractor) Qualification from Jianghan Oilfield Construction Engineering Company, a subsidiary of China Petroleum & Chemical Corporation.Qualification, which is valid for one year from June 4 and extendable on a yearly basis thereafter.Qualifies Recon as a general contractor (subcontractor) to participate in certain construction and engineering projects at JOCEC ranging from the expansion and renovation of existing facilities to the construction of new facilities.In connection with the Qualification, the Company also announced that it has secured a contract with JOCEC worth approximately 550,000 yuan.  Full Article

Recon Technology Ltd announces cooperation with CNPC
Wednesday, 18 Feb 2015 07:00am EST 

Recon Technology Ltd:Says it had entered into 5-year renewable cooperation agreement with Aktobe Petroleum Machinery Co. Ltd. (Aktobe Petroleum Machinery), joint venture between China Petroleum Technology & Development Corporation (CPTDC) and China National Petroleum Corporation (CNPC).With respect to construction of technical service center for pressure containers such as heating furnaces and separators.Pursuant to this agreement, Recon and Aktobe Petroleum Machinery will work together to develop marketing, sales, maintenance and related services for pressure containers in Kazakhstan.  Full Article

BRIEF-Recon Technology files for mixed shelf of up to $35 million - SEC Filing

* Files for mixed shelf of up to $35 million - SEC Filing Source text for Eikon: (http://bit.ly/2deTftm) Further company coverage:

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