Recon Technology Secures US$3 Million in Contracts with Newly Developed Customer for Electronic Components and Materials
Recon Technology, Ltd. - Class A Ordinary Shares (RCON)
US:NASDAQ Investor Relations:
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Source: PR Newswire
BEIJING, March 11, 2024 /PRNewswire/ -- Recon Technology Ltd ("Recon" or the "Company"), a China-based provider of oilfield services and low-carbon energy services, today announced two recently awarded bids from a newly developed oilfield-industry customer for the supply of electronic components and materials used in oilfield production. The total value of these contracts exceeds US$3 million and represents a significant milestone for the Company."We are very pleased to have secured these contracts with this new customer in the automation and electronics sector, and Recon emerged as the preferred choice due to our proven track record, innovative solutions and commitment to excellence," said Shenping Yin, CEO of Recon, "This achievement highlights our expertise and capabilities in serving the oilfield industry and we look forward to building a sustainable and stable working relationship with this customer."The contracts are expected to be accretive to Recon's financial performance and
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News
- Recon Technology Announces 1-for-18 Reverse Stock Split [Yahoo! Finance]Yahoo! Finance
- Recon Technology Announces 1-for-18 Reverse Stock SplitPR Newswire
- Recon Technology, Ltd. (NASDAQ: RCON) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Recon Technology, Ltd. (NASDAQ: RCON) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Recon Technology, Ltd. (NASDAQ: RCON) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
RCON
Sec Filings
- 4/25/24 - Form 6-K
- 4/2/24 - Form 6-K
- 2/13/24 - Form 6-K
- RCON's page on the SEC website