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Stock impact report

Recon Technology Reports Operation Results of DT Refuel with a Historical High Daily Volume

Recon Technology, Ltd. - Class A Ordinary Shares (RCON) 
US:NASDAQ Investor Relations: exac.com/investors
Company Research Source: PR Newswire
NEW YORK, March 23, 2020 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON) ("Recon" or the "Company") today announced the operation result of DT Refuel mobile application ("DT Refuel"), which is developed by the Company's subsidiary Future Gas Station (Beijing) Technology, Ltd ("FGS"). The single-day Gross Merchandise Value ("GMV") of DT Refuel has hit a new high of $2.19 million (RMB15.32 million) on March 18, 2020.DT Refuel acts as an e-commerce platform aiming at improving the refueling experience of car owners. It allows users to buy oil products and groceries and pay the fuel through their phones. It also provides navigation and enables users to query traffic violation through the application to make their daily lives easier. As of March 19, 2020, DT Refuel has a total of 3.76 million registered users. Among them, 3 million users have paid refueling through the application at least once, and 1.46 million users have paid refueling through the application more than once.From Ja Show less Read more
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