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RECON TECHNOLOGY Aktie
WKN: A0X9MV Symbol: RCON Typ: Aktie
SK 3,50 $ SKP +0,00 Pott +1,74%
buran und MfG und schüddelböööööön
WKN: A0X9MV Symbol: RCON Typ: Aktie
SK 3,50 $ SKP +0,00 Pott +1,74%
buran und MfG und schüddelböööööön
from China National Petroleum Company
12:30 05.11.13
PR Newswire
BEIJING, Nov. 5, 2013
BEIJING, Nov. 5, 2013 /PRNewswire-FirstCall/ -- Recon Technology, Ltd. (NASDAQ: RCON), an oilfield service company provider ("Recon" or the "Company") operating primarily in the People's Republic of China, announced today it recently received several sales orders for specialized oilfield furnaces from China National Petroleum Company's ("CNPC") Jiling Oilfield Company and Huabei Oilfield Company. The total value of these contracts will be approximately RMB11 million or USD1.9 million.
According to sales contracts, the Company will provide 9 vacuum heating furnaces to its newly developed customer, CNPC's Jiling Oilfield Company, and 6 phase-change heating furnaces to its long-term customer, CNPC's Huabei Oilfield Company. The Company will be in charge of the project, from design through manufacture of the furnaces, and expects to complete the orders before the end of calendar 2013.
Furnaces are mainly used to facilitate petroleum transportation by raising oil temperature to decrease viscosity or flow resistance and maintain liquidity before the oil is transported from the oilfield. As China's oilfields have entered the water-flooding stage of development, crude oil temperatures drop, making furnaces even more important to efficient transportation. Key technologies and development of oilfield furnaces are of great significance to oilfield production safety, energy saving as well as production efficiency.
"Recon has sold more than 400 furnaces of various types since year 2009. We have made many technology breakthroughs, obtained 11 oilfield furnace-related patents and been a leader of this segmented industry," said Mr. Chen Guangqiang, CTO of the Company. "We are very excited about establishing this new business relationship with Jiling Oilfield. We will continue to focus on expanding our list of oilfield company clients in China and maintaining our leadership position. As more oil wells are developed, we believe our furnace business will continue to grow."
About Recon Technology, Ltd
Recon Technology, Ltd provides leading Chinese oil and gas companies with automation services designed to increase efficiency and profitability in relation to the exploration, extraction, production, refining and transportation of field based petroleum products for 10 years. Recon Technology is the first Chinese non-state-owned oil and gas service company to go public in the U.S. For additional information please visit us at www.recon.cn.
Forward Looking Statements
No statement made in this press release should be interpreted as an offer to purchase any security. Such an offer can only be made in accordance with the Securities Act of 1933, as amended, and applicable state securities laws. Any statements contained in this release that relate to future plans, events or performance are forward-looking statements that involve risks and uncertainties as identified in Recon's filings with the Securities and Exchange Commission. Actual results, events or performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as the date hereof. Recon undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect the events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Investor Contact:
Recon Technology, Ltd
Tel: +86 (10) 84945799
Email: info@recon.cn; liu.jia@recon.cn
SOURCE Recon Technology, Ltd.
Quelle: PR Newswire
12:30 05.11.13
PR Newswire
BEIJING, Nov. 5, 2013
BEIJING, Nov. 5, 2013 /PRNewswire-FirstCall/ -- Recon Technology, Ltd. (NASDAQ: RCON), an oilfield service company provider ("Recon" or the "Company") operating primarily in the People's Republic of China, announced today it recently received several sales orders for specialized oilfield furnaces from China National Petroleum Company's ("CNPC") Jiling Oilfield Company and Huabei Oilfield Company. The total value of these contracts will be approximately RMB11 million or USD1.9 million.
According to sales contracts, the Company will provide 9 vacuum heating furnaces to its newly developed customer, CNPC's Jiling Oilfield Company, and 6 phase-change heating furnaces to its long-term customer, CNPC's Huabei Oilfield Company. The Company will be in charge of the project, from design through manufacture of the furnaces, and expects to complete the orders before the end of calendar 2013.
Furnaces are mainly used to facilitate petroleum transportation by raising oil temperature to decrease viscosity or flow resistance and maintain liquidity before the oil is transported from the oilfield. As China's oilfields have entered the water-flooding stage of development, crude oil temperatures drop, making furnaces even more important to efficient transportation. Key technologies and development of oilfield furnaces are of great significance to oilfield production safety, energy saving as well as production efficiency.
"Recon has sold more than 400 furnaces of various types since year 2009. We have made many technology breakthroughs, obtained 11 oilfield furnace-related patents and been a leader of this segmented industry," said Mr. Chen Guangqiang, CTO of the Company. "We are very excited about establishing this new business relationship with Jiling Oilfield. We will continue to focus on expanding our list of oilfield company clients in China and maintaining our leadership position. As more oil wells are developed, we believe our furnace business will continue to grow."
About Recon Technology, Ltd
Recon Technology, Ltd provides leading Chinese oil and gas companies with automation services designed to increase efficiency and profitability in relation to the exploration, extraction, production, refining and transportation of field based petroleum products for 10 years. Recon Technology is the first Chinese non-state-owned oil and gas service company to go public in the U.S. For additional information please visit us at www.recon.cn.
Forward Looking Statements
No statement made in this press release should be interpreted as an offer to purchase any security. Such an offer can only be made in accordance with the Securities Act of 1933, as amended, and applicable state securities laws. Any statements contained in this release that relate to future plans, events or performance are forward-looking statements that involve risks and uncertainties as identified in Recon's filings with the Securities and Exchange Commission. Actual results, events or performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as the date hereof. Recon undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect the events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Investor Contact:
Recon Technology, Ltd
Tel: +86 (10) 84945799
Email: info@recon.cn; liu.jia@recon.cn
SOURCE Recon Technology, Ltd.
Quelle: PR Newswire
Total revenues increased by RMB 2.4 million or 27.2% in Q1FY2014 to RMB 11.51 million ($1.9 million), due to sales of furnaces and automation SCADA systems.
Gross profits increased 116.4% in Q1FY2014 to RMB 5.29 million ($0.9 million). Gross margin improved to 46% as compared to 27% for Q1FY2013.
Income (loss) before income taxes showed strong improvement from a loss of RMB 2.31 million to income of RMB 414 thousand ($67 thousand).
Comprehensive net income (loss) attributable to Recon in Q1FY 2014 was approximately RMB 46 thousand ($8 thousand), an improvement of 102% compared to net loss attributable to Recon of RMB 2.34 million ($382 thousand) for Q1FY 2013.
Diluted earnings per share attributable to Recon for Q1FY 2014 was RMB 0.01 ($0.002), compared to diluted losses per share attributable to Recon of RMB 0.59 in Q1FY 2013.
Adjust EBITDA in FY 2013 was RMB 1.48 million ($0.2 million), showing an improvement of 186.3% over Q1FY 2013.
Mr. Yin Shenping, CEO of Recon, noted, "As most of our major projects are still underway, our first quarter is usually a slower season. By contrast, this year business continued to flourish in the first quarter, especially our automation business and furnace business. Our focus on researching and developing our own products and growing our brand name have paid off. We expect this focus on self developed systems and other specialized oilfield products will continue to benefit our company in the future".
Mr. Yin continued, "As our traditional business improved, our new business, fracturing and shale gas automation systems sales also expanded. As our product lines continue to improve and become more integrated, our ability to provide a robust package of solutions to our customers will strengthen. We believe this focus on providing integrated services will provide us a competitive advantage and maximize our profit capability".http://www.ariva.de/news/...4-First-Quarter-Financial-Results-4845822
Gross profits increased 116.4% in Q1FY2014 to RMB 5.29 million ($0.9 million). Gross margin improved to 46% as compared to 27% for Q1FY2013.
Income (loss) before income taxes showed strong improvement from a loss of RMB 2.31 million to income of RMB 414 thousand ($67 thousand).
Comprehensive net income (loss) attributable to Recon in Q1FY 2014 was approximately RMB 46 thousand ($8 thousand), an improvement of 102% compared to net loss attributable to Recon of RMB 2.34 million ($382 thousand) for Q1FY 2013.
Diluted earnings per share attributable to Recon for Q1FY 2014 was RMB 0.01 ($0.002), compared to diluted losses per share attributable to Recon of RMB 0.59 in Q1FY 2013.
Adjust EBITDA in FY 2013 was RMB 1.48 million ($0.2 million), showing an improvement of 186.3% over Q1FY 2013.
Mr. Yin Shenping, CEO of Recon, noted, "As most of our major projects are still underway, our first quarter is usually a slower season. By contrast, this year business continued to flourish in the first quarter, especially our automation business and furnace business. Our focus on researching and developing our own products and growing our brand name have paid off. We expect this focus on self developed systems and other specialized oilfield products will continue to benefit our company in the future".
Mr. Yin continued, "As our traditional business improved, our new business, fracturing and shale gas automation systems sales also expanded. As our product lines continue to improve and become more integrated, our ability to provide a robust package of solutions to our customers will strengthen. We believe this focus on providing integrated services will provide us a competitive advantage and maximize our profit capability".http://www.ariva.de/news/...4-First-Quarter-Financial-Results-4845822
Total revenues increased by 27.2%, or approximately RMB2.4 million ($0.4 million), from RMB9.1 million for the three months ended September 30, 2012 to RMB11.5 million ($1.9 million) for the same period of 2013. This increased was mainly driven by automation business and sales of furnaces.
Gross profit increased to approximately RMB5.3 million ($0.9 million) for the three months ended September 30, 2013 from approximately RMB2.4 million for the same period in 2012. Our gross profit as a percentage of revenue increased to 46.0% for the three months ended September 30, 2013 from 27.0% for the same period in 2012.
Selling and distribution expenses increased by 6.7%, from approximately RMB1.3 million for the three months ended September 30, 2012 to approximately RMB1.4 million ($0.2 million) for the same period of 2013. This increase was primarily from increased service charges.
General and administrative expenses increased by 38.3%, or RMB0.8 million ($0.1 million), from approximately RMB2 million in the three months ended September 30, 2012 to approximately RMB2.7 million ($0.5 million) in the same period of 2013. General and administrative expenses were 21.9% of total revenues in 2012 and 23.8% of total revenues in 2013.
Research and development expenses decreased by 54.8%, from approximately RMB1.5 million for the three months ended September 30, 2012 to approximately RMB0.7 million ($0.1 million) for the same period of 2013. This decrease was primarily we devoted fewer resources to R&D for our furnaces and fracturing services in the 2013 period.
Income from operations was approximately RMB0.5 million ($0.1 million) for the three months ended September 30, 2013, compared to a loss from operations of RMB2.3 million for the same period of 2012. This increase in income from operations can be attributed primarily to the increased revenue, improved gross margins, decreased research and development expenses and decreased percentage of revenue for selling and distribution expenses.
Net income attributable to ordinary shareholders was RMB46,444 ($7,569) for the three months ended September 30, 2013, an increase of approximately RMB2.4 million ($0.4 million) from net loss attributable to ordinary shareholders of RMB2.3 million for the same period of 2012.
Adjusted EBITDA improved by approximately RMB3.2 million ($0.5 million) to approximately RMB1.5 million ($0.2 million) for the three months ended September 30, 2013 compared to approximately RMB1.7 million loss for the same period in 2012. This was due to improved operation. Compared to net income attributable to ordinary shareholders, we believe EBITDA more accurately reflects our operations.
As of September 30, 2013, we had cash and cash equivalents in the amount of approximately RMB6.7 million ($1.1 million). Except for approximately RMB0.8 million ($0.1 million) of short-term borrowings, RMB0.9 million ($0.1 million) in lease commitments and RMB17.56 million ($2.9 million) in commercial loans from local banks, we did not have any finance leases or purchase commitments, guarantees or other material contingent liabilities.
Net cash used in operating activities totaled approximately RMB8.0 million ($1.3 million) for the three months ended September 30, 2013. This was a decrease of approximately RMB8.2 million ($1.3 million) compared to net cash provided by operating activities of approximately RMB236 thousand for the quarter ended September 30, 2012. This increase was mainly because we purchased goods in preparation for coming projects.
Net cash used in investing activities was RMB6,720 ($1,095) for the three months ended September 30, 2013, a decrease of RMB374,686 ($61,060) from RMB381,406 for the same period of 2012. The decrease was due to a decrease in purchase of property and equipment.
Net cash provided by financing activities amounted to approximately RMB2.3 million ($0.4 million) for the three months ended September 30, 2013, compared to cash flows used in financing activities of approximately RMB1.1 million for the three months ended September 30, 2012. During the three-month period ended September 30, 2013, we repaid approximately RMB5.2 million ($0.9 million) of short term borrowings to related parties and received RMB7.56 million ($1.2 million) of loan proceeds from a commercial bank, which was guaranteed by one of our shareholders.http://www.ariva.de/news/...4-First-Quarter-Financial-Results-4845822
Gross profit increased to approximately RMB5.3 million ($0.9 million) for the three months ended September 30, 2013 from approximately RMB2.4 million for the same period in 2012. Our gross profit as a percentage of revenue increased to 46.0% for the three months ended September 30, 2013 from 27.0% for the same period in 2012.
Selling and distribution expenses increased by 6.7%, from approximately RMB1.3 million for the three months ended September 30, 2012 to approximately RMB1.4 million ($0.2 million) for the same period of 2013. This increase was primarily from increased service charges.
General and administrative expenses increased by 38.3%, or RMB0.8 million ($0.1 million), from approximately RMB2 million in the three months ended September 30, 2012 to approximately RMB2.7 million ($0.5 million) in the same period of 2013. General and administrative expenses were 21.9% of total revenues in 2012 and 23.8% of total revenues in 2013.
Research and development expenses decreased by 54.8%, from approximately RMB1.5 million for the three months ended September 30, 2012 to approximately RMB0.7 million ($0.1 million) for the same period of 2013. This decrease was primarily we devoted fewer resources to R&D for our furnaces and fracturing services in the 2013 period.
Income from operations was approximately RMB0.5 million ($0.1 million) for the three months ended September 30, 2013, compared to a loss from operations of RMB2.3 million for the same period of 2012. This increase in income from operations can be attributed primarily to the increased revenue, improved gross margins, decreased research and development expenses and decreased percentage of revenue for selling and distribution expenses.
Net income attributable to ordinary shareholders was RMB46,444 ($7,569) for the three months ended September 30, 2013, an increase of approximately RMB2.4 million ($0.4 million) from net loss attributable to ordinary shareholders of RMB2.3 million for the same period of 2012.
Adjusted EBITDA improved by approximately RMB3.2 million ($0.5 million) to approximately RMB1.5 million ($0.2 million) for the three months ended September 30, 2013 compared to approximately RMB1.7 million loss for the same period in 2012. This was due to improved operation. Compared to net income attributable to ordinary shareholders, we believe EBITDA more accurately reflects our operations.
As of September 30, 2013, we had cash and cash equivalents in the amount of approximately RMB6.7 million ($1.1 million). Except for approximately RMB0.8 million ($0.1 million) of short-term borrowings, RMB0.9 million ($0.1 million) in lease commitments and RMB17.56 million ($2.9 million) in commercial loans from local banks, we did not have any finance leases or purchase commitments, guarantees or other material contingent liabilities.
Net cash used in operating activities totaled approximately RMB8.0 million ($1.3 million) for the three months ended September 30, 2013. This was a decrease of approximately RMB8.2 million ($1.3 million) compared to net cash provided by operating activities of approximately RMB236 thousand for the quarter ended September 30, 2012. This increase was mainly because we purchased goods in preparation for coming projects.
Net cash used in investing activities was RMB6,720 ($1,095) for the three months ended September 30, 2013, a decrease of RMB374,686 ($61,060) from RMB381,406 for the same period of 2012. The decrease was due to a decrease in purchase of property and equipment.
Net cash provided by financing activities amounted to approximately RMB2.3 million ($0.4 million) for the three months ended September 30, 2013, compared to cash flows used in financing activities of approximately RMB1.1 million for the three months ended September 30, 2012. During the three-month period ended September 30, 2013, we repaid approximately RMB5.2 million ($0.9 million) of short term borrowings to related parties and received RMB7.56 million ($1.2 million) of loan proceeds from a commercial bank, which was guaranteed by one of our shareholders.http://www.ariva.de/news/...4-First-Quarter-Financial-Results-4845822
Contracts from CNPC Jidong Oilfield and Sinopec Southwest Oilfield
13:35 20.11.13
PR Newswire
BEIJING, Nov. 20, 2013
BEIJING, Nov. 20, 2013 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON), an oilfield service company provider ("Recon" or the "Company") operating primarily in the People's Republic of China, announced today it recently won several new automation system contracts with CNPC Jidong Oilfield and Sinopec Southwest Branch Company. The total value of these new contracts will be approximately RMB7.3 million or USD1.2 million.
"The 'digital oilfield' has been one of the most important development of China's oilfield industry. Our leading-edge automation and control technologies help our clients operate more efficiently and effectively, and we are pleased to win these bids and opportunities to help our long-term clients, CNPC and Sinopec," said Mr. Yin Shenping, CEO of Recon Technology. "Utilization of automation technology system in China's Petroleum industry is currently in its early stage. As Chinese oil companies invest more in efficiency. We believe our rich experience, outstanding technology, professional project management staff and construction personnel will help us to stay ahead in the Chinese oilfield automation and service industry."
About Recon Technology, Ltd.
Recon Technology, Ltd. provides leading Chinese oil and gas companies with automation services designed to increase efficiency and profitability in relation to the exploration, extraction, production, refining and transportation of field based petroleum products for 10 years. Recon Technology is the first Chinese non-state-owned oil and gas service company to go public in the U.S. For additional information please visit us at www.recon.cn.
Forward Looking Statements
No statement made in this press release should be interpreted as an offer to purchase any security. Such an offer can only be made in accordance with the Securities Act of 1933, as amended, and applicable state securities laws. Any statements contained in this release that relate to future plans, events or performance are forward-looking statements that involve risks and uncertainties as identified in Recon's filings with the Securities and Exchange Commission. Actual results, events or performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as the date hereof. Recon undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect the events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Investor Contact:
Recon Technology, Ltd.
Tel: +86-10-84945799
Email: info@recon.cn; liu.jia@recon.cn
SOURCE Recon Technology, Ltd.
Quelle: PR Newswire
13:35 20.11.13
PR Newswire
BEIJING, Nov. 20, 2013
BEIJING, Nov. 20, 2013 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON), an oilfield service company provider ("Recon" or the "Company") operating primarily in the People's Republic of China, announced today it recently won several new automation system contracts with CNPC Jidong Oilfield and Sinopec Southwest Branch Company. The total value of these new contracts will be approximately RMB7.3 million or USD1.2 million.
"The 'digital oilfield' has been one of the most important development of China's oilfield industry. Our leading-edge automation and control technologies help our clients operate more efficiently and effectively, and we are pleased to win these bids and opportunities to help our long-term clients, CNPC and Sinopec," said Mr. Yin Shenping, CEO of Recon Technology. "Utilization of automation technology system in China's Petroleum industry is currently in its early stage. As Chinese oil companies invest more in efficiency. We believe our rich experience, outstanding technology, professional project management staff and construction personnel will help us to stay ahead in the Chinese oilfield automation and service industry."
About Recon Technology, Ltd.
Recon Technology, Ltd. provides leading Chinese oil and gas companies with automation services designed to increase efficiency and profitability in relation to the exploration, extraction, production, refining and transportation of field based petroleum products for 10 years. Recon Technology is the first Chinese non-state-owned oil and gas service company to go public in the U.S. For additional information please visit us at www.recon.cn.
Forward Looking Statements
No statement made in this press release should be interpreted as an offer to purchase any security. Such an offer can only be made in accordance with the Securities Act of 1933, as amended, and applicable state securities laws. Any statements contained in this release that relate to future plans, events or performance are forward-looking statements that involve risks and uncertainties as identified in Recon's filings with the Securities and Exchange Commission. Actual results, events or performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as the date hereof. Recon undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect the events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Investor Contact:
Recon Technology, Ltd.
Tel: +86-10-84945799
Email: info@recon.cn; liu.jia@recon.cn
SOURCE Recon Technology, Ltd.
Quelle: PR Newswire
should be interpreted as an offer to purchase any security. Such an offer can only be made in accordance with the Securities Act of 1933, as amended, and applicable state securities laws. Any statements contained in this release that relate to future plans, events or performance are forward-looking statements that involve risks and uncertainties as identified in Recon's filings with the Securities and Exchange Commission. Actual results, events or performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as the date hereof. Recon undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect the events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Investor Contact:
Recon Technology, Ltd.
Tel: +86-10-84945799
Email: info@recon.cn; liu.jia@recon.cn
SOURCE Recon Technology, Ltd.
Quelle: PR Newswire
Investor Contact:
Recon Technology, Ltd.
Tel: +86-10-84945799
Email: info@recon.cn; liu.jia@recon.cn
SOURCE Recon Technology, Ltd.
Quelle: PR Newswire
$2.6 Million Registered Direct Offering of Ordinary Shares and Warrants
14:50 25.11.13
PR Newswire
BEIJING, Nov. 25, 2013
BEIJING, Nov. 25, 2013 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON), an oilfield service company provider (the "Company") operating primarily in the People's Republic of China, announced today that it entered into a securities purchase agreement (the "Securities Purchase Agreement") with certain institutional investors for the sale of 546,500 ordinary shares in a registered direct offering at the price of $4.81 per ordinary share. In addition, warrants to purchase 163,950 ordinary shares in the aggregate will be issued to the investors.
The warrants will be exercisable immediately as of the date of issuance at an exercise price of $6.01 per ordinary shares and expire three years from the date of issuance. The exercise price of the warrants is subject to customary adjustment in the case of future issuances or deemed issuances of ordinary shares, stock splits, stock dividends, combinations of shares and similar recapitalization transactions.
Gross proceeds of the offering, before deducting placement agent fees and other estimated offering expenses payable by the Company, are expected to be approximately $2.6 million. These securities are being offered through a prospectus supplement pursuant to the Company's effective shelf registration statement and base prospectus
The net proceeds from this offering will be used for working capital and other general corporate purposes, including working capital and other general corporate purposes, including acquisition of complementary assets or businesses. In the Securities Purchase Agreement we have entered into with the purchasers in this offering, we have agreed not to use the proceeds of this offering to satisfy any existing debt (other than ordinary course trade payables), to redeem any of our outstanding securities (other than the warrants issued pursuant to the securities purchase agreement), or to settle any outstanding litigation.
The completion of the offering will occur on or before November 29, 2013. FT Global Capital, Inc. served as the placement agent for the offering.
A shelf registration statement relating to these securities has been filed with and declared effective by the Securities and Exchange Commission. A prospectus supplement related to the offering will be filed with the Securities and Exchange Commission. This press release does not constitute an offer to sell or the solicitation of an offer to buy, and these securities cannot be sold in any state in which this offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state. Any offer will be made only by means of a prospectus, including a prospectus supplement, forming a part of the effective registration statement.
Copies of the prospectus supplement and accompanying base prospectus relating to this offering may be obtained at the SEC's website at www.sec.gov or directly from the company by contacting the Company at:
Recon Technology, Ltd.
Room 1902, Building C, King Long International Mansion
No. 9 Fulin Road
Beijing, 100107
People's Republic of China
+86 (10) 8494-5799
Attn: Investor Relations
About Recon Technology, Ltd.
Recon Technology, Ltd. provides leading Chinese oil and gas companies with automation services designed to increase efficiency and profitability in relation to the exploration, extraction, production, refining and transportation of field based petroleum products for 10 years. Recon Technology is the first Chinese non-state-owned oil and gas service company to go public in the U.S. For additional information please visit us at www.recon.cn.
Investor Contact:
Recon Technology, Ltd.
Tel: +86 (10) 84945799
Email: info@recon.cn; liu.jia@recon.cn
Cautionary Note Regarding Forward-Looking Statements
Certain statements in this press release are forward-looking statements that involve a number of risks and uncertainties. Such forward-looking statements include statements about the public offering of securities described herein. Actual events or results may differ materially from the Company's expectations. Factors that could cause actual results to differ materially from those stated or implied by the Company's forward-looking statements are disclosed in its filings with the Securities and Exchange Commission. These forward-looking statements represent the Company's judgment as of the time of this release. The Company disclaims any intent or obligation to update these forward-looking statements, other than as may be required under applicable law.
SOURCE Recon Technology, Ltd.
Quelle: PR Newswire
14:50 25.11.13
PR Newswire
BEIJING, Nov. 25, 2013
BEIJING, Nov. 25, 2013 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON), an oilfield service company provider (the "Company") operating primarily in the People's Republic of China, announced today that it entered into a securities purchase agreement (the "Securities Purchase Agreement") with certain institutional investors for the sale of 546,500 ordinary shares in a registered direct offering at the price of $4.81 per ordinary share. In addition, warrants to purchase 163,950 ordinary shares in the aggregate will be issued to the investors.
The warrants will be exercisable immediately as of the date of issuance at an exercise price of $6.01 per ordinary shares and expire three years from the date of issuance. The exercise price of the warrants is subject to customary adjustment in the case of future issuances or deemed issuances of ordinary shares, stock splits, stock dividends, combinations of shares and similar recapitalization transactions.
Gross proceeds of the offering, before deducting placement agent fees and other estimated offering expenses payable by the Company, are expected to be approximately $2.6 million. These securities are being offered through a prospectus supplement pursuant to the Company's effective shelf registration statement and base prospectus
The net proceeds from this offering will be used for working capital and other general corporate purposes, including working capital and other general corporate purposes, including acquisition of complementary assets or businesses. In the Securities Purchase Agreement we have entered into with the purchasers in this offering, we have agreed not to use the proceeds of this offering to satisfy any existing debt (other than ordinary course trade payables), to redeem any of our outstanding securities (other than the warrants issued pursuant to the securities purchase agreement), or to settle any outstanding litigation.
The completion of the offering will occur on or before November 29, 2013. FT Global Capital, Inc. served as the placement agent for the offering.
A shelf registration statement relating to these securities has been filed with and declared effective by the Securities and Exchange Commission. A prospectus supplement related to the offering will be filed with the Securities and Exchange Commission. This press release does not constitute an offer to sell or the solicitation of an offer to buy, and these securities cannot be sold in any state in which this offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state. Any offer will be made only by means of a prospectus, including a prospectus supplement, forming a part of the effective registration statement.
Copies of the prospectus supplement and accompanying base prospectus relating to this offering may be obtained at the SEC's website at www.sec.gov or directly from the company by contacting the Company at:
Recon Technology, Ltd.
Room 1902, Building C, King Long International Mansion
No. 9 Fulin Road
Beijing, 100107
People's Republic of China
+86 (10) 8494-5799
Attn: Investor Relations
About Recon Technology, Ltd.
Recon Technology, Ltd. provides leading Chinese oil and gas companies with automation services designed to increase efficiency and profitability in relation to the exploration, extraction, production, refining and transportation of field based petroleum products for 10 years. Recon Technology is the first Chinese non-state-owned oil and gas service company to go public in the U.S. For additional information please visit us at www.recon.cn.
Investor Contact:
Recon Technology, Ltd.
Tel: +86 (10) 84945799
Email: info@recon.cn; liu.jia@recon.cn
Cautionary Note Regarding Forward-Looking Statements
Certain statements in this press release are forward-looking statements that involve a number of risks and uncertainties. Such forward-looking statements include statements about the public offering of securities described herein. Actual events or results may differ materially from the Company's expectations. Factors that could cause actual results to differ materially from those stated or implied by the Company's forward-looking statements are disclosed in its filings with the Securities and Exchange Commission. These forward-looking statements represent the Company's judgment as of the time of this release. The Company disclaims any intent or obligation to update these forward-looking statements, other than as may be required under applicable law.
SOURCE Recon Technology, Ltd.
Quelle: PR Newswire
in this press release are forward-looking statements that involve a number of risks and uncertainties. Such forward-looking statements include statements about the public offering of securities described herein. Actual events or results may differ materially from the Company's expectations. Factors that could cause actual results to differ materially from those stated or implied by the Company's forward-looking statements are disclosed in its filings with the Securities and Exchange Commission. These forward-looking statements represent the Company's judgment as of the time of this release. The Company disclaims any intent or obligation to update these forward-looking statements, other than as may be required under applicable law.
SOURCE Recon Technology, Ltd.
Quelle: PR Newswire
SOURCE Recon Technology, Ltd.
Quelle: PR Newswire
SK 3,39 $ SKP -3,14 EK 3,50 $ last shares 400 full 112.710 peak 3,66
buran und MfG und danke und TOP und SAMMELT STEINE FÜR DEN ROSTOCKER HAFEN
buran und MfG und danke und TOP und SAMMELT STEINE FÜR DEN ROSTOCKER HAFEN
oil and gas companies with automation services designed to increase efficiency and profitability in relation to the exploration, extraction, production, refining and transportation of field based petroleum products for 10 years. Recon Technology is the first Chinese non-state-owned oil and gas service company to go public in the U.S. For additional information please visit us at www.recon.cn.
Datum Erster Hoch Tief Schluss Stücke Volumen
10.12.13 2,48 2,48§2,48 2,48 € 300 744
GrB
10.12.13 2,48 2,48§2,48 2,48 € 300 744
GrB
Datum Erster Hoch Tief Schluss Stücke Volumen
10.12.13 3,38 3,39§3,30 3,36 $ 29.182 97 T
GrB
10.12.13 3,38 3,39§3,30 3,36 $ 29.182 97 T
GrB
Datum Erster Hoch Tief Schluss Stücke Volumen
12.12.13 3,18 3,19§3,01 3,03 $ 62.858 190 T
GrB
12.12.13 3,18 3,19§3,01 3,03 $ 62.858 190 T
GrB
Datum Erster Hoch Tief Schluss Stücke Volumen
16.01.14 2,729 2,729§2,729 2,729 € * 28 76
15.01.14 2,605 2,605§2,605 2,605 € 500 1.303
14.01.14 2,433 2,433§2,433 2,433 € 160 389
10.01.14 2,709 2,709§2,518 2,518 € 738 1.999
08.01.14 2,679 2,679§2,679 2,679 € 1.260 3.376
06.01.14 2,389 2,468§2,389 2,468 € 360 860
GrB
16.01.14 2,729 2,729§2,729 2,729 € * 28 76
15.01.14 2,605 2,605§2,605 2,605 € 500 1.303
14.01.14 2,433 2,433§2,433 2,433 € 160 389
10.01.14 2,709 2,709§2,518 2,518 € 738 1.999
08.01.14 2,679 2,679§2,679 2,679 € 1.260 3.376
06.01.14 2,389 2,468§2,389 2,468 € 360 860
GrB
Datum Erster Hoch Tief Schluss Stücke Volumen
15.01.14 3,43 3,67§3,39 3,61 $ 70.569 249 T
14.01.14 3,40 3,54§3,3325 3,45 $ 67.454 231 T
13.01.14 3,59 3,63§3,34 3,37 $ 80.689 277 T
10.01.14 3,59 3,67§3,55 3,58 $ 36.956 131 T
09.01.14 3,66 3,76§3,57 3,63 $ 54.309 179 T
08.01.14 3,58 3,68§3,55 3,65 $ 72.242 256 T
07.01.14 3,64 3,80§3,50 3,58 $ 181.188 0,65 M
06.01.14 3,17 3,67§3,17 3,601 $ 325.928 1,12 M
03.01.14 3,13 3,251§3,10 3,17 $ 67.691 213 T
02.01.14 3,10 3,16§3,0701 3,13 $ 23.438 72 T
GrB
15.01.14 3,43 3,67§3,39 3,61 $ 70.569 249 T
14.01.14 3,40 3,54§3,3325 3,45 $ 67.454 231 T
13.01.14 3,59 3,63§3,34 3,37 $ 80.689 277 T
10.01.14 3,59 3,67§3,55 3,58 $ 36.956 131 T
09.01.14 3,66 3,76§3,57 3,63 $ 54.309 179 T
08.01.14 3,58 3,68§3,55 3,65 $ 72.242 256 T
07.01.14 3,64 3,80§3,50 3,58 $ 181.188 0,65 M
06.01.14 3,17 3,67§3,17 3,601 $ 325.928 1,12 M
03.01.14 3,13 3,251§3,10 3,17 $ 67.691 213 T
02.01.14 3,10 3,16§3,0701 3,13 $ 23.438 72 T
GrB
Zeit Kurs Stück
08:03:23§2,729 € 28
________________
GRATULATION
08:03:23§2,729 € 28
________________
GRATULATION
SK 3,70 $ SKP +1,93 EK 3,63 $ last shares 200 full 200.314 peak 3,95 buran und MfG und danke und BEI ROT HIER HALTEN
::::::::::::::: 3,70 $ +1,93% +0,07 $
In Euro: 2,7329 € | Nasdaq, 17.01.14::::::: so wunder wunderschön und hell dieses Tickerlampen Licht ..ergötzen erlaben und Inne halten an solch Anstalten die man Börsenplätze nennt ..Plätze dieser Welt global mit Tickerlicht allwöchentlich mein hübsches Kind Du mein kleiner Kurs Wicht
buran,Das Börsen RECON Rennen
In Euro: 2,7329 € | Nasdaq, 17.01.14::::::: so wunder wunderschön und hell dieses Tickerlampen Licht ..ergötzen erlaben und Inne halten an solch Anstalten die man Börsenplätze nennt ..Plätze dieser Welt global mit Tickerlicht allwöchentlich mein hübsches Kind Du mein kleiner Kurs Wicht
buran,Das Börsen RECON Rennen
Preis pro share 4,44 $ Schleife 200 spread 0,91%
buran und MfG und FUNFAKTOR 1000
buran und MfG und FUNFAKTOR 1000
Datum Erster Hoch Tief Schluss Stücke Volumen
28.01.14 3,80 5,06§3,80 4,96 $ 1.605.029 7,11 M
GrB
28.01.14 3,80 5,06§3,80 4,96 $ 1.605.029 7,11 M
GrB
Datum Erster Hoch Tief Schluss Stücke Volumen
31.01.14 4,29 4,68§4,2004 4,39 $ 256.770 1,11 M
30.01.14 4,40 4,58§4,20 4,34 $ 316.677 1,38 M
29.01.14 4,50 4,99§4,20 4,38 $ 746.521 3,33 M
28.01.14 3,80 5,06§3,80 4,96 $ 1.605.029 7,11 M
27.01.14 3,71 3,74§3,50 3,59 $ 56.388 200 T
24.01.14 3,8701 3,879§3,55 3,66 $ 122.935 448 T
23.01.14 4,09 4,10§3,8004 3,91 $ 137.809 0,52 M
22.01.14 3,80 4,18§3,80 4,04 $ 297.498 1,19 M
21.01.14 3,70 3,8788§3,70 3,76 $ 80.668 301 T
17.01.14 3,58 3,95§3,55 3,70 $ 200.314 0,73 M
16.01.14 3,62 3,65§3,4606 3,63 $ 52.339 184 T
15.01.14 3,43 3,67§3,39 3,61 $ 70.569 249 T
14.01.14 3,40 3,54§3,3325 3,45 $ 67.454 231 T
13.01.14 3,59 3,63§3,34 3,37 $ 80.689 277 T
10.01.14 3,59 3,67§3,55 3,58 $ 36.956 131 T
09.01.14 3,66 3,76§3,57 3,63 $ 54.309 179 T
08.01.14 3,58 3,68§3,55 3,65 $ 72.242 256 T
07.01.14 3,64 3,80§3,50 3,58 $ 181.188 0,65 M
06.01.14 3,17 3,67§3,17 3,601 $ 325.928 1,12 M
03.01.14 3,13 3,251§3,10 3,17 $ 67.691 213 T
02.01.14 3,10 3,16§3,0701 3,13 $ 23.438 72 T
GrB
31.01.14 4,29 4,68§4,2004 4,39 $ 256.770 1,11 M
30.01.14 4,40 4,58§4,20 4,34 $ 316.677 1,38 M
29.01.14 4,50 4,99§4,20 4,38 $ 746.521 3,33 M
28.01.14 3,80 5,06§3,80 4,96 $ 1.605.029 7,11 M
27.01.14 3,71 3,74§3,50 3,59 $ 56.388 200 T
24.01.14 3,8701 3,879§3,55 3,66 $ 122.935 448 T
23.01.14 4,09 4,10§3,8004 3,91 $ 137.809 0,52 M
22.01.14 3,80 4,18§3,80 4,04 $ 297.498 1,19 M
21.01.14 3,70 3,8788§3,70 3,76 $ 80.668 301 T
17.01.14 3,58 3,95§3,55 3,70 $ 200.314 0,73 M
16.01.14 3,62 3,65§3,4606 3,63 $ 52.339 184 T
15.01.14 3,43 3,67§3,39 3,61 $ 70.569 249 T
14.01.14 3,40 3,54§3,3325 3,45 $ 67.454 231 T
13.01.14 3,59 3,63§3,34 3,37 $ 80.689 277 T
10.01.14 3,59 3,67§3,55 3,58 $ 36.956 131 T
09.01.14 3,66 3,76§3,57 3,63 $ 54.309 179 T
08.01.14 3,58 3,68§3,55 3,65 $ 72.242 256 T
07.01.14 3,64 3,80§3,50 3,58 $ 181.188 0,65 M
06.01.14 3,17 3,67§3,17 3,601 $ 325.928 1,12 M
03.01.14 3,13 3,251§3,10 3,17 $ 67.691 213 T
02.01.14 3,10 3,16§3,0701 3,13 $ 23.438 72 T
GrB
Datum Erster Hoch Tief Schluss Stücke Volumen
29.01.14 3,559 3,559§3,30 3,30 € 1.266 4.381
22.01.14 2,95 3,10§2,80 2,80 € 30.950 93 T
20.01.14 2,815 2,815§2,815 2,815 € 351 988
16.01.14 2,729 2,729§2,729 2,729 € 28 76
15.01.14 2,605 2,605§2,605 2,605 € 500 1.303
14.01.14 2,433 2,433§2,433 2,433 € 160 389
10.01.14 2,709 2,709§2,518 2,518 € 738 1.999
08.01.14 2,679 2,679§2,679 2,679 € 1.260 3.376
06.01.14 2,389 2,468§2,389 2,468 € 360 860
buran und MfG und danke und Das RECON Rennen
29.01.14 3,559 3,559§3,30 3,30 € 1.266 4.381
22.01.14 2,95 3,10§2,80 2,80 € 30.950 93 T
20.01.14 2,815 2,815§2,815 2,815 € 351 988
16.01.14 2,729 2,729§2,729 2,729 € 28 76
15.01.14 2,605 2,605§2,605 2,605 € 500 1.303
14.01.14 2,433 2,433§2,433 2,433 € 160 389
10.01.14 2,709 2,709§2,518 2,518 € 738 1.999
08.01.14 2,679 2,679§2,679 2,679 € 1.260 3.376
06.01.14 2,389 2,468§2,389 2,468 € 360 860
buran und MfG und danke und Das RECON Rennen
Börsenbuch
http://www.ariva.de/recon_technology-aktie/..._and_sales?boerse_id=40
buran und MfG und danke und Das RECON Rennen
http://www.ariva.de/recon_technology-aktie/..._and_sales?boerse_id=40
buran und MfG und danke und Das RECON Rennen
oil field service company in China. The company has been providing software, equipment and services designed to increase the efficiency and automation in oil and gas exploration, extraction, production and refinery for Chinese oil and gas fields for more than 10 years. More information may be found at www.recon.cn or e-mail: info@recon.cn.
buran und MfG
buran und MfG
Datum Erster Hoch Tief Schluss Stücke Volumen
28.02.14 7,08 7,35§6,01 6,32 $ 420.002 2,80 M
27.02.14 7,13 7,49§6,84 7,16 $ 264.857 1,77 M
26.02.14 7,08 8,00§6,83 6,88 $ 410.468 2,94 M
25.02.14 6,73 7,20§6,36 6,99 $ 344.031 2,31 M
24.02.14 6,77 6,91§6,40 6,63 $ 251.469 1,62 M
21.02.14 6,37 6,80§6,21 6,71 $ 351.277 2,23 M
20.02.14 5,95 6,49§5,791 6,37 $ 387.666 2,34 M
19.02.14 6,32 6,3289§5,95 6,01 $ 278.679 1,67 M
18.02.14 6,25 6,56§5,83 6,16 $ 508.790 3,03 M
14.02.14 5,78 6,18§5,35 6,00 $ 718.989 4,04 M
13.02.14 5,87 6,33§5,55 5,70 $ 1.617.576 9,41 M
12.02.14 4,73 5,30§4,56 5,27 $ 591.527 2,93 M
11.02.14 4,58 4,85§4,50 4,666 $ 296.341 1,38 M
10.02.14 4,24 4,77§4,22 4,52 $ 300.725 1,31 M
07.02.14 4,3601 4,4799§4,22 4,239 $ 104.921 450 T
06.02.14 4,32 4,6499§4,25 4,35 $ 303.738 1,33 M
05.02.14 4,04 4,38§4,02 4,3341 $ 131.795 0,54 M
04.02.14 4,33 4,35§4,00 4,09 $ 185.429 0,73 M
03.02.14 4,49 4,62§4,25 4,34 $ 153.842 0,65 M
GrB
28.02.14 7,08 7,35§6,01 6,32 $ 420.002 2,80 M
27.02.14 7,13 7,49§6,84 7,16 $ 264.857 1,77 M
26.02.14 7,08 8,00§6,83 6,88 $ 410.468 2,94 M
25.02.14 6,73 7,20§6,36 6,99 $ 344.031 2,31 M
24.02.14 6,77 6,91§6,40 6,63 $ 251.469 1,62 M
21.02.14 6,37 6,80§6,21 6,71 $ 351.277 2,23 M
20.02.14 5,95 6,49§5,791 6,37 $ 387.666 2,34 M
19.02.14 6,32 6,3289§5,95 6,01 $ 278.679 1,67 M
18.02.14 6,25 6,56§5,83 6,16 $ 508.790 3,03 M
14.02.14 5,78 6,18§5,35 6,00 $ 718.989 4,04 M
13.02.14 5,87 6,33§5,55 5,70 $ 1.617.576 9,41 M
12.02.14 4,73 5,30§4,56 5,27 $ 591.527 2,93 M
11.02.14 4,58 4,85§4,50 4,666 $ 296.341 1,38 M
10.02.14 4,24 4,77§4,22 4,52 $ 300.725 1,31 M
07.02.14 4,3601 4,4799§4,22 4,239 $ 104.921 450 T
06.02.14 4,32 4,6499§4,25 4,35 $ 303.738 1,33 M
05.02.14 4,04 4,38§4,02 4,3341 $ 131.795 0,54 M
04.02.14 4,33 4,35§4,00 4,09 $ 185.429 0,73 M
03.02.14 4,49 4,62§4,25 4,34 $ 153.842 0,65 M
GrB
Income Tax Rate, Receives Two New Software Copyrights14:35 03.03.14
PR Newswire
BEIJING, March 03, 2014
BEIJING, March 03, 2014 /PRNewswire --Recon Technology, Ltd. (RCON), a leading oilfield services provider that operates primarily in the People's Republic of China, today announced that its Nanjing Recon Technology division, which develops automation software products for oilfield exploitation and production, has received a three-year renewal on its government certification as a High-Tech Enterprise. As a result, this division has been awarded a reduction in income tax from 25% to a preferential EIT (Enterprise Income Tax) rate of 15% for the coming three years, commencing in 2014.
With this award, Nanjing Recon Technology joins Recon's other division, BHD Petroleum Ltd., which also enjoys the preferential EIT rate of 15%, and has two years remaining on its current three-year preferential EIT certificate.
Recon also announced that Nanjing Recon Technology has received two new software copyrights, covering the division's Recon Process Auto software Version 1.0 and Recon RCNAMT software Version 1.0. Recon expects that revenue contributed by these two software products could be 5 million RMB (USD 820,000) within the first year of commercialization.
Nanjing Recon now owns eight patents, fourteen software copyrights, six registered-for-sale software products and three trademarks. Recon Technology's other division, BHD, owns twenty-four patents, four software copyrights and two trademarks.
As a government-authorized software developer, Nanjing Recon is eligible to receive a 14% VAT tax-refund of each sale of software products.
"We are very pleased to receive these new software copyrights and this preferential tax rate for Nanjing Recon Technology," said Mr. Yin Shenping, CEO of Recon Technology. "We expect that these developments will both strengthen our intellectual property position in the automated oilfield systems sector, and also have a significant effect on our bottom line for 2014 and beyond."
About Recon
Recon Technology, Ltd. is China's first listed non-state owned oil and gas field service company on Nasdaq (Ticker: RCON). Recon supplies China's largest oil exploration companies, Sinopec and CNPC, with advanced automated technologies, efficient gathering and transportation equipment and reservoir stimulation measure for increasing petroleum extraction levels, reducing impurities and lowering production costs. Through the years, RCON has taken leading positions on several segmented markets of the oil and gas filed service industry. RCON also has developed stable long-term cooperation relationship with its major clients, and its products and service are also well accepted by clients. For additional information please visit us at www.recon.cn.
Safe Harbor
This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks contained in reports filed by the company with the Securities and Exchange Commission.
All such forward-looking statements, whether written or oral, and whether made by or on behalf of the company, are expressly qualified by the cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
Company Contact
Liu Jia
Recon Technology, Ltd.
+86 (10) 84945799
info@recon.cn
Investors
Jimmy Caplan
Asia IR/PR
+1-512-329-9505
jimmycaplan@me.com
Media
Rick Eisenberg
Asia IR/PR
+1-212-496-6828
eiscom@msn.com
SOURCE Recon Technology, Ltd.
Quelle: PR Newswire
PR Newswire
BEIJING, March 03, 2014
BEIJING, March 03, 2014 /PRNewswire --Recon Technology, Ltd. (RCON), a leading oilfield services provider that operates primarily in the People's Republic of China, today announced that its Nanjing Recon Technology division, which develops automation software products for oilfield exploitation and production, has received a three-year renewal on its government certification as a High-Tech Enterprise. As a result, this division has been awarded a reduction in income tax from 25% to a preferential EIT (Enterprise Income Tax) rate of 15% for the coming three years, commencing in 2014.
With this award, Nanjing Recon Technology joins Recon's other division, BHD Petroleum Ltd., which also enjoys the preferential EIT rate of 15%, and has two years remaining on its current three-year preferential EIT certificate.
Recon also announced that Nanjing Recon Technology has received two new software copyrights, covering the division's Recon Process Auto software Version 1.0 and Recon RCNAMT software Version 1.0. Recon expects that revenue contributed by these two software products could be 5 million RMB (USD 820,000) within the first year of commercialization.
Nanjing Recon now owns eight patents, fourteen software copyrights, six registered-for-sale software products and three trademarks. Recon Technology's other division, BHD, owns twenty-four patents, four software copyrights and two trademarks.
As a government-authorized software developer, Nanjing Recon is eligible to receive a 14% VAT tax-refund of each sale of software products.
"We are very pleased to receive these new software copyrights and this preferential tax rate for Nanjing Recon Technology," said Mr. Yin Shenping, CEO of Recon Technology. "We expect that these developments will both strengthen our intellectual property position in the automated oilfield systems sector, and also have a significant effect on our bottom line for 2014 and beyond."
About Recon
Recon Technology, Ltd. is China's first listed non-state owned oil and gas field service company on Nasdaq (Ticker: RCON). Recon supplies China's largest oil exploration companies, Sinopec and CNPC, with advanced automated technologies, efficient gathering and transportation equipment and reservoir stimulation measure for increasing petroleum extraction levels, reducing impurities and lowering production costs. Through the years, RCON has taken leading positions on several segmented markets of the oil and gas filed service industry. RCON also has developed stable long-term cooperation relationship with its major clients, and its products and service are also well accepted by clients. For additional information please visit us at www.recon.cn.
Safe Harbor
This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks contained in reports filed by the company with the Securities and Exchange Commission.
All such forward-looking statements, whether written or oral, and whether made by or on behalf of the company, are expressly qualified by the cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
Company Contact
Liu Jia
Recon Technology, Ltd.
+86 (10) 84945799
info@recon.cn
Investors
Jimmy Caplan
Asia IR/PR
+1-512-329-9505
jimmycaplan@me.com
Media
Rick Eisenberg
Asia IR/PR
+1-212-496-6828
eiscom@msn.com
SOURCE Recon Technology, Ltd.
Quelle: PR Newswire
13:05 07.04.14
PR Newswire
BEIJING, April 7, 2014
BEIJING, April 7, 2014 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON), a leading oilfield services provider that operates primarily in the People's Republic of China, today said it has updated its company website to include new corporate and industry information. Recon's main site, www.recon.cn/en, which also includes a new investor relations section, features expanded information and news on the company, its technologies, and the oil and gas industry in China.
"We are very proud to introduce our new website," said chief executive officer, Mr. Shenping Yin. "Recon is making substantial progress marketing some of our industry's most innovative technologies and we are excited to optimize our communication of this progress, particularly to new investors in the U.S., Canada, and Australia as well as other regions of the world where there is keen interest in oil and gas industry equities."
Investors seeking expanded coverage of Recon may also go to: www.companyspotlight.com/114569/recon-technology-ltd.
About Recon
Recon Technology, Ltd. (Nasdaq: RCON) is a leading developer and marketer of real-time, automated oilfield services and products that enhance the extraction of petroleum in China. RCON markets these services and products to leading Chinese oil and gas companies, including Sinopec and CNPC, helping them increase efficiency and profitability in extracting, producing, processing and transporting petroleum products from the nation's largest producing oil fields.
Recon is also an emerging leader in developing and applying the fracturing technology necessary to extract the abundant shale gas reserves in China. Shale, a clean-burning fuel, provides China with a vital and long-sought alternative to the massive toxic pollutants resulting from burning coal for energy production. Working closely with Baker Hughes and other companies, Recon is making rapid progress in liberating these shale gas reserves and facilitating their transport to China's major population centers.
Recon's proprietary technology is based on eight software copyrights, 22 product patents and four pending patents, giving the company a powerful intellectual property position.
RCON is the first Chinese non-state owned oil and gas service company to be listed on Nasdaq.
For additional information please visit us at www.recon.cn/en.
Safe Harbor
This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks contained in reports filed by the company with the Securities and Exchange Commission.
All such forward-looking statements, whether written or oral, and whether made by or on behalf of the company, are expressly qualified by the cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
Contact:
Company Contact
Liu Jia
Recon Technology, Ltd.
+86 (10) 84945799
info@recon.cn
Investors
Jimmy Caplan
Asia IR/PR
+1-512-329-9505
jimmy@asia-irpr.com
Media
Rick Eisenberg
Asia IR/PR
+1-212-496-6828
rick@asia-irpr.com
SOURCE Recon Technology, Ltd.
Quelle: PR Newswire
PR Newswire
BEIJING, April 7, 2014
BEIJING, April 7, 2014 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON), a leading oilfield services provider that operates primarily in the People's Republic of China, today said it has updated its company website to include new corporate and industry information. Recon's main site, www.recon.cn/en, which also includes a new investor relations section, features expanded information and news on the company, its technologies, and the oil and gas industry in China.
"We are very proud to introduce our new website," said chief executive officer, Mr. Shenping Yin. "Recon is making substantial progress marketing some of our industry's most innovative technologies and we are excited to optimize our communication of this progress, particularly to new investors in the U.S., Canada, and Australia as well as other regions of the world where there is keen interest in oil and gas industry equities."
Investors seeking expanded coverage of Recon may also go to: www.companyspotlight.com/114569/recon-technology-ltd.
About Recon
Recon Technology, Ltd. (Nasdaq: RCON) is a leading developer and marketer of real-time, automated oilfield services and products that enhance the extraction of petroleum in China. RCON markets these services and products to leading Chinese oil and gas companies, including Sinopec and CNPC, helping them increase efficiency and profitability in extracting, producing, processing and transporting petroleum products from the nation's largest producing oil fields.
Recon is also an emerging leader in developing and applying the fracturing technology necessary to extract the abundant shale gas reserves in China. Shale, a clean-burning fuel, provides China with a vital and long-sought alternative to the massive toxic pollutants resulting from burning coal for energy production. Working closely with Baker Hughes and other companies, Recon is making rapid progress in liberating these shale gas reserves and facilitating their transport to China's major population centers.
Recon's proprietary technology is based on eight software copyrights, 22 product patents and four pending patents, giving the company a powerful intellectual property position.
RCON is the first Chinese non-state owned oil and gas service company to be listed on Nasdaq.
For additional information please visit us at www.recon.cn/en.
Safe Harbor
This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks contained in reports filed by the company with the Securities and Exchange Commission.
All such forward-looking statements, whether written or oral, and whether made by or on behalf of the company, are expressly qualified by the cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
Contact:
Company Contact
Liu Jia
Recon Technology, Ltd.
+86 (10) 84945799
info@recon.cn
Investors
Jimmy Caplan
Asia IR/PR
+1-512-329-9505
jimmy@asia-irpr.com
Media
Rick Eisenberg
Asia IR/PR
+1-212-496-6828
rick@asia-irpr.com
SOURCE Recon Technology, Ltd.
Quelle: PR Newswire
Recon Technology Attends Sinopec Seminars on Shale Gas Project
20:06 30.04.14
PR Newswire
BEIJING, April 30, 2014
BEIJING, April 30, 2014 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON), a leading oilfield services provider that operates primarily in the People's Republic of China, today announced that its BHD Petroleum Technology Ltd. division attended a technical exchange conference hosted by Sinopec Jianghan Oilfield in anticipation of an upcoming shale gas project. The project is located near Chongqing, in the South Fuling area of Sichuan Province, and the conference featured seven providers of high tech solutions for China's oil and gas industries. The first part of the shale gas project conference was held on April 2nd and was focused on heating furnaces. Recon was one of a very limited number of companies Sinopec invited to attend. The second part of the conference was held on April 20th and concerned horizontal fracturing technology.
Sinopec discovered and has begun to commercialize the first self-contained shale gas field in in Jiao Shi County of the South Fuling area. This area marks the first large-scale commercial shale gas development in China. Sinopec aims for a capacity of 5 billion cubic meters of shale gas field in 2015 and plans to reach a capacity of 10 billion cubic meters of shale gas field in 2017 in the Fuling project. This level of shale gas capacity equates to 10 million tons of oilfield capacity, the equivalent of a large oil field. The 10 billion cubic meters of shale gas field would satisfy the yearly gas needs of approximately 40 million people. During the first stage of construction, the project is expected to require 61 wellhead heating furnaces (400KW), 30 DN800 metering separators and 19 DN1200 production separators.
This conference, which featured a number of likely bidders in the South Fuling project, mainly focused on heating separators, horizontal fracturing technology and its application technical issues. Recon's Chief Technology Officer, Mr. Guangqiang Chen, introduced Recon's heating furnaces, separators and horizontal fracturing technology at the conference.
"We have developed our own series of heating furnace and separator products," said Mr. Chen, the Chief Technology Officer and director of Recon Technology Ltd. "In addition, through years of cooperation with Baker Hughes, a top-tier oilfield service company, we have accumulated rich field work experience about utilization of fracturing in China. The combination of technology and the geological characteristics is the core factor of shale gas exploration in China. We are looking forward to undertake more projects in the future and we are confident in our mature, advanced technologies and products."
About Recon
Recon Technology, Ltd. is China's first listed non-state owned oil and gas field service company on Nasdaq (RCON). Recon supplies China's largest oil exploration companies, Sinopec and CNPC, with advanced automated technologies, efficient gathering and transportation equipment and reservoir stimulation measure for increasing petroleum extraction levels, reducing impurities and lowering production costs. Through the years, RCON has taken leading positions on several segmented markets of the oil and gas filed service industry. RCON also has developed stable long-term cooperation relationship with its major clients, and its products and service are also well accepted by clients. For additional information please visit us at www.recon.cn.
Safe Harbor
This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks contained in reports filed by the company with the Securities and Exchange Commission.
All such forward-looking statements, whether written or oral, and whether made by or on behalf of the company, are expressly qualified by the cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
Company Contact
Liu Jia
Recon Technology, Ltd.
+86 (10) 84945799
info@recon.cn
Investors
Jimmy Caplan
Asia IR/PR
+1-512-329-9505
jimmy@asia-irpr.com
Media
Rick Eisenberg
Asia IR/PR
+1-212-496-6828
rick@asia-irpr.com
SOURCE Recon Technology, Ltd.
Quelle: PR Newswire
20:06 30.04.14
PR Newswire
BEIJING, April 30, 2014
BEIJING, April 30, 2014 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON), a leading oilfield services provider that operates primarily in the People's Republic of China, today announced that its BHD Petroleum Technology Ltd. division attended a technical exchange conference hosted by Sinopec Jianghan Oilfield in anticipation of an upcoming shale gas project. The project is located near Chongqing, in the South Fuling area of Sichuan Province, and the conference featured seven providers of high tech solutions for China's oil and gas industries. The first part of the shale gas project conference was held on April 2nd and was focused on heating furnaces. Recon was one of a very limited number of companies Sinopec invited to attend. The second part of the conference was held on April 20th and concerned horizontal fracturing technology.
Sinopec discovered and has begun to commercialize the first self-contained shale gas field in in Jiao Shi County of the South Fuling area. This area marks the first large-scale commercial shale gas development in China. Sinopec aims for a capacity of 5 billion cubic meters of shale gas field in 2015 and plans to reach a capacity of 10 billion cubic meters of shale gas field in 2017 in the Fuling project. This level of shale gas capacity equates to 10 million tons of oilfield capacity, the equivalent of a large oil field. The 10 billion cubic meters of shale gas field would satisfy the yearly gas needs of approximately 40 million people. During the first stage of construction, the project is expected to require 61 wellhead heating furnaces (400KW), 30 DN800 metering separators and 19 DN1200 production separators.
This conference, which featured a number of likely bidders in the South Fuling project, mainly focused on heating separators, horizontal fracturing technology and its application technical issues. Recon's Chief Technology Officer, Mr. Guangqiang Chen, introduced Recon's heating furnaces, separators and horizontal fracturing technology at the conference.
"We have developed our own series of heating furnace and separator products," said Mr. Chen, the Chief Technology Officer and director of Recon Technology Ltd. "In addition, through years of cooperation with Baker Hughes, a top-tier oilfield service company, we have accumulated rich field work experience about utilization of fracturing in China. The combination of technology and the geological characteristics is the core factor of shale gas exploration in China. We are looking forward to undertake more projects in the future and we are confident in our mature, advanced technologies and products."
About Recon
Recon Technology, Ltd. is China's first listed non-state owned oil and gas field service company on Nasdaq (RCON). Recon supplies China's largest oil exploration companies, Sinopec and CNPC, with advanced automated technologies, efficient gathering and transportation equipment and reservoir stimulation measure for increasing petroleum extraction levels, reducing impurities and lowering production costs. Through the years, RCON has taken leading positions on several segmented markets of the oil and gas filed service industry. RCON also has developed stable long-term cooperation relationship with its major clients, and its products and service are also well accepted by clients. For additional information please visit us at www.recon.cn.
Safe Harbor
This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks contained in reports filed by the company with the Securities and Exchange Commission.
All such forward-looking statements, whether written or oral, and whether made by or on behalf of the company, are expressly qualified by the cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
Company Contact
Liu Jia
Recon Technology, Ltd.
+86 (10) 84945799
info@recon.cn
Investors
Jimmy Caplan
Asia IR/PR
+1-512-329-9505
jimmy@asia-irpr.com
Media
Rick Eisenberg
Asia IR/PR
+1-212-496-6828
rick@asia-irpr.com
SOURCE Recon Technology, Ltd.
Quelle: PR Newswire
Nasdaq Bucheinsicht
http://www.ariva.de/recon_technology-aktie/..._and_sales?boerse_id=40 GrB
http://www.ariva.de/recon_technology-aktie/..._and_sales?boerse_id=40 GrB
At Recon Annual Shareholders Meeting, CEO Says Developments In FY 2014 Help Set The Stage For The Company's Long Term Growth
15:45 01.07.14
PR Newswire
BEIJING, July 1, 2014
BEIJING, July 1, 2014 /PRNewswire/ -- In his address in Beijing at the Annual Meeting of Shareholders of Recon Technology, Ltd. (NASDAQ: RCON) ("Recon" or the "Company"), a leading independent oilfield services provider operating primarily in China, Chairman and CEO Mr. Yin Shenping said that while it is too early to make specific predictions about full year bottom line results for the fiscal year ending June 30, 2014, the Company already has exceeded prior year sales in the first nine months of the fiscal year.
Mr. Yin added, "Even more important in the fiscal 2013-2014 time frame has been the expansion and increased acceptance of our products by some of the largest companies in China's oil and gas industry." He stated further, "Ten years from today shareholders looking back at fiscal years 2013 and 2014 will see them as the launching point for what by then we believe will be a significantly larger, more dynamic company."
Recent Developments Buoy Optimism
Mr. Yin pointed to several recent developments that buoyed his optimism about the future, including the Company's solid performance in a slower economy, recognition by the Chinese government of the financial system reforms needed to achieve long term economic growth, and the new focus on improving the environment and safer drilling, while coal remains China's primary energy resource. He stated, "The combination of these factors point to continuing opportunities in China's oil and gas industry and for our Company in particular."
Faster Growth Possible
Noting the size and stature the Company has achieved in the industry, Mr. Yin said, "we believe we may be on the cusp of new degrees of faster growth and expansion," and he said that this may come from geographic expansion, growth via cooperation agreements and/or acquisitions, and thirdly, expansion to new segments of the energy industry.
A transcript of Mr. Yin's speech is available on the Recon website (see below).
Preliminary Shareholder Voting Results
Shareholders elected Mr. Zhao Shudong as a Class I member of the Board of Directors
Shareholders voted to ratify Friedman LLP as the Company's fiscal 2014 independent registered public accounting firm
Shareholders approved on an advisory basis executive officer compensation as described in the proxy statement
Shareholders approved on an advisory basis the frequency of advisory votes on executive compensation as described in the proxy statement
About Recon
Recon Technology, Ltd. is China's first independent oil and gas field service company listed on NASDAQ (RCON). Recon has achieved rapid growth supplying China's largest oil and gas exploration companies, including Sinopec and China National Petroleum Corporation, with advanced automated technologies, efficient gathering and transportation equipment and reservoir stimulation measures closely working with leading global partners such as Baker Hughes. The solutions Recon provides are aimed at increasing gas and petroleum extraction levels, reducing impurities and lowering production costs. For additional information, please visit www.recon.cn.
Safe Harbor
This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks contained in reports filed by the company with the Securities and Exchange Commission.
All such forward-looking statements, whether written or oral, and whether made by or on behalf of the company, are expressly qualified by the cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
Contacts:
Liu Jia
Recon Technology, Ltd.?
+86 (10) 84945799
info@recon.cn
U.S. Investors
DGI Investor Relations
Ken Donenfeld
kdonenfeld@dgiir.com
1-1-212-425-5700
SOURCE Recon Technology, Ltd.
Quelle: PR Newswire
15:45 01.07.14
PR Newswire
BEIJING, July 1, 2014
BEIJING, July 1, 2014 /PRNewswire/ -- In his address in Beijing at the Annual Meeting of Shareholders of Recon Technology, Ltd. (NASDAQ: RCON) ("Recon" or the "Company"), a leading independent oilfield services provider operating primarily in China, Chairman and CEO Mr. Yin Shenping said that while it is too early to make specific predictions about full year bottom line results for the fiscal year ending June 30, 2014, the Company already has exceeded prior year sales in the first nine months of the fiscal year.
Mr. Yin added, "Even more important in the fiscal 2013-2014 time frame has been the expansion and increased acceptance of our products by some of the largest companies in China's oil and gas industry." He stated further, "Ten years from today shareholders looking back at fiscal years 2013 and 2014 will see them as the launching point for what by then we believe will be a significantly larger, more dynamic company."
Recent Developments Buoy Optimism
Mr. Yin pointed to several recent developments that buoyed his optimism about the future, including the Company's solid performance in a slower economy, recognition by the Chinese government of the financial system reforms needed to achieve long term economic growth, and the new focus on improving the environment and safer drilling, while coal remains China's primary energy resource. He stated, "The combination of these factors point to continuing opportunities in China's oil and gas industry and for our Company in particular."
Faster Growth Possible
Noting the size and stature the Company has achieved in the industry, Mr. Yin said, "we believe we may be on the cusp of new degrees of faster growth and expansion," and he said that this may come from geographic expansion, growth via cooperation agreements and/or acquisitions, and thirdly, expansion to new segments of the energy industry.
A transcript of Mr. Yin's speech is available on the Recon website (see below).
Preliminary Shareholder Voting Results
Shareholders elected Mr. Zhao Shudong as a Class I member of the Board of Directors
Shareholders voted to ratify Friedman LLP as the Company's fiscal 2014 independent registered public accounting firm
Shareholders approved on an advisory basis executive officer compensation as described in the proxy statement
Shareholders approved on an advisory basis the frequency of advisory votes on executive compensation as described in the proxy statement
About Recon
Recon Technology, Ltd. is China's first independent oil and gas field service company listed on NASDAQ (RCON). Recon has achieved rapid growth supplying China's largest oil and gas exploration companies, including Sinopec and China National Petroleum Corporation, with advanced automated technologies, efficient gathering and transportation equipment and reservoir stimulation measures closely working with leading global partners such as Baker Hughes. The solutions Recon provides are aimed at increasing gas and petroleum extraction levels, reducing impurities and lowering production costs. For additional information, please visit www.recon.cn.
Safe Harbor
This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks contained in reports filed by the company with the Securities and Exchange Commission.
All such forward-looking statements, whether written or oral, and whether made by or on behalf of the company, are expressly qualified by the cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
Contacts:
Liu Jia
Recon Technology, Ltd.?
+86 (10) 84945799
info@recon.cn
U.S. Investors
DGI Investor Relations
Ken Donenfeld
kdonenfeld@dgiir.com
1-1-212-425-5700
SOURCE Recon Technology, Ltd.
Quelle: PR Newswire
13:35 22.07.14
PR Newswire
BEIJING, July 22, 2014
BEIJING, July 22, 2014 /PRNewswire/ --Recon Technology (NASDAQ: RCON), a leading independent oilfield services provider operating primarily in China, today announced that it has strengthened its communication team with the addition of two bilingual staffers with American educational backgrounds who will report to Ms. Jia Liu, Recon's CFO. The Company also has brought on board a new U.S. IR agency.
Ms. Tianyu (Ivy) Xia, who has joined the Company as Investor Relations Manager, recently earned an M.S. in Investor Relations from Fordham University in New York, and holds a B.S. in Accounting from the John Cook School of Business at Saint Louis University, and is a member in the U.S. of the National Investor Relations Institute (NIRI). Additionally, Ms. Lulu Chen, who has a background in operations management, and earned a Bachelor's Degree at the University of North Texas, has joined Recon as Board Secretary.
Recently, the Company also appointed DGI Investor Relations in New York as its IR agency. The firm is led by Mr. Ken Donenfeld, who has assisted large and small companies throughout Europe, Asia and North America for more than 30 years.
Aiming to Reach Out to Investors
Mr. Shenping Yin, Chairman of the Company, commented, "We believe Recon has an excellent 'story' for investors who share our belief in the outstanding long term growth potential of China's oil and gas industry where we are continuing to build our leadership position. Entering the new fiscal year with our expanded communications team and an experienced New York-based consultant, we believe the timing is right to reach out to investors to create a better understanding of our Company."
About Recon
Recon Technology, Ltd. is China's first independent oil and gas field service company listed on NASDAQ (RCON). Recon has achieved rapid growth supplying China's largest oil and gas exploration companies, including Sinopec and China National Petroleum Corporation, with advanced automated technologies, efficient gathering and transportation equipment and reservoir stimulation measures closely working with leading global partners such as Baker Hughes. The solutions Recon provides are aimed at increasing gas and petroleum extraction levels, reducing impurities and lowering production costs. For additional information, please visit www.recon.cn.
Safe Harbor
This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks contained in reports filed by the company with the Securities and Exchange Commission.
All such forward-looking statements, whether written or oral, and whether made by or on behalf of the company, are expressly qualified by the cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
Contacts:
Liu Jia
Recon Technology, Ltd.?
+86 (10) 84945799
info@recon.cn
U.S. Investors
DGI Investor Relations
Ken Donenfeld
kdonenfeld@dgiir.com
1-212-425-5700
SOURCE Recon Technology, Ltd.
Quelle: PR Newswire
PR Newswire
BEIJING, July 22, 2014
BEIJING, July 22, 2014 /PRNewswire/ --Recon Technology (NASDAQ: RCON), a leading independent oilfield services provider operating primarily in China, today announced that it has strengthened its communication team with the addition of two bilingual staffers with American educational backgrounds who will report to Ms. Jia Liu, Recon's CFO. The Company also has brought on board a new U.S. IR agency.
Ms. Tianyu (Ivy) Xia, who has joined the Company as Investor Relations Manager, recently earned an M.S. in Investor Relations from Fordham University in New York, and holds a B.S. in Accounting from the John Cook School of Business at Saint Louis University, and is a member in the U.S. of the National Investor Relations Institute (NIRI). Additionally, Ms. Lulu Chen, who has a background in operations management, and earned a Bachelor's Degree at the University of North Texas, has joined Recon as Board Secretary.
Recently, the Company also appointed DGI Investor Relations in New York as its IR agency. The firm is led by Mr. Ken Donenfeld, who has assisted large and small companies throughout Europe, Asia and North America for more than 30 years.
Aiming to Reach Out to Investors
Mr. Shenping Yin, Chairman of the Company, commented, "We believe Recon has an excellent 'story' for investors who share our belief in the outstanding long term growth potential of China's oil and gas industry where we are continuing to build our leadership position. Entering the new fiscal year with our expanded communications team and an experienced New York-based consultant, we believe the timing is right to reach out to investors to create a better understanding of our Company."
About Recon
Recon Technology, Ltd. is China's first independent oil and gas field service company listed on NASDAQ (RCON). Recon has achieved rapid growth supplying China's largest oil and gas exploration companies, including Sinopec and China National Petroleum Corporation, with advanced automated technologies, efficient gathering and transportation equipment and reservoir stimulation measures closely working with leading global partners such as Baker Hughes. The solutions Recon provides are aimed at increasing gas and petroleum extraction levels, reducing impurities and lowering production costs. For additional information, please visit www.recon.cn.
Safe Harbor
This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks contained in reports filed by the company with the Securities and Exchange Commission.
All such forward-looking statements, whether written or oral, and whether made by or on behalf of the company, are expressly qualified by the cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
Contacts:
Liu Jia
Recon Technology, Ltd.?
+86 (10) 84945799
info@recon.cn
U.S. Investors
DGI Investor Relations
Ken Donenfeld
kdonenfeld@dgiir.com
1-212-425-5700
SOURCE Recon Technology, Ltd.
Quelle: PR Newswire
Datum Erster Hoch Tief Schluss Stücke Volumen
09.09.14 4,29 4,71§4,29 4,46 $ 94.226 425 T
GrB
09.09.14 4,29 4,71§4,29 4,46 $ 94.226 425 T
GrB
::::::::::::::::: 5,29 $ +6,01% +0,30 $
In Euro: 4,1749 € | Nasdaq, 24.10.14::::::::: knips batzzzzzzz hier iss datt )))Vögelchen(((
In Euro: 4,1749 € | Nasdaq, 24.10.14::::::::: knips batzzzzzzz hier iss datt )))Vögelchen(((
buran: nur ein börsenboard geführt von www.bundesbank.de 21:18 #1
achte er einfach auf die links
Mit freundlichen Grüssen Mario Meierhof 39517 Lüderitz Gartenstrasse 6
mariomeierhof@web.de
Tel.:039361/96548 Atelier Meierhof 039361/51273 Kuhle
gez MARIO alias buran http://www.ariva.de/…/nur-ein-boersenboard-gefuehrt-von-www…
Deutsche Bundesbank - Startseite
Die Deutsche Bundesbank ist die Zentralbank der Bundesrepublik Deutschland. Zentrales Geschäftsfeld ist die Geldpolitik des Eurosystems.
BUNDESBANK.DE
https://www.facebook.com/mario.meierhof
achte er einfach auf die links
Mit freundlichen Grüssen Mario Meierhof 39517 Lüderitz Gartenstrasse 6
mariomeierhof@web.de
Tel.:039361/96548 Atelier Meierhof 039361/51273 Kuhle
gez MARIO alias buran http://www.ariva.de/…/nur-ein-boersenboard-gefuehrt-von-www…
Deutsche Bundesbank - Startseite
Die Deutsche Bundesbank ist die Zentralbank der Bundesrepublik Deutschland. Zentrales Geschäftsfeld ist die Geldpolitik des Eurosystems.
BUNDESBANK.DE
https://www.facebook.com/mario.meierhof
Jährlicher Bericht, zu dem KAGs per Gesetz verpflichtet sind und der Anleger über Fondsvermögen, Aufwand und Ertrag sowie Ausschüttung informiert. Zusätzlich hat die KAG zur Mitte des Geschäftsjahres einen Halbjahresbericht zu erstellen.
http://www.ariva.de/extras/lexikon.m?begriff=Rechenschaftsbericht
http://www.ariva.de/extras/lexikon.m?begriff=Rechenschaftsbericht
Nasdaq Buch dazu
http://www.ariva.de/recon_technology-aktie/..._and_sales?boerse_id=40 GrB
http://www.ariva.de/recon_technology-aktie/..._and_sales?boerse_id=40 GrB
:::::::::::::::::::: 1,46 $ +2,10% +0,03 $
In Euro: 1,3493 € | Nasdaq, 20.03.15 ,GrB
In Euro: 1,3493 € | Nasdaq, 20.03.15 ,GrB
Aktien New York Schluss: Dow wieder auf Rekordjagd - Wochenplus gut 2 Prozent
21:20 20.03.15 http://www.ariva.de/news/...kordjagd-Wochenplus-gut-2-Prozent-5316780
21:20 20.03.15 http://www.ariva.de/news/...kordjagd-Wochenplus-gut-2-Prozent-5316780
Datum Erster Hoch Tief Schluss Stücke Volumen
15.05.15 1,82 1,82§1,70 1,71 $ 5.965 8.155
GrB
15.05.15 1,82 1,82§1,70 1,71 $ 5.965 8.155
GrB
Understanding to Acquire an Oilfield Service Company in Qinghai
12:30 29.07.15
PR Newswire
BEIJING, July 29, 2015
BEIJING, July 29, 2015 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON), ("Recon" or the "Company"), a leading independent oilfield services provider operating primarily in China, today announced that it, along with its wholly-owned PRC subsidiary, Recon Hengda Technology (Beijing) Co., Ltd., has entered into a memorandum of understanding (the "MOU") with Qinghai Huayou Downhole Technologies Co., Ltd. ( "QHHY"), a PRC corporation and oilfield service provider in Qinghai province. http://www.ariva.de/news/...lfield-Service-Company-in-Qinghai-5438594
12:30 29.07.15
PR Newswire
BEIJING, July 29, 2015
BEIJING, July 29, 2015 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON), ("Recon" or the "Company"), a leading independent oilfield services provider operating primarily in China, today announced that it, along with its wholly-owned PRC subsidiary, Recon Hengda Technology (Beijing) Co., Ltd., has entered into a memorandum of understanding (the "MOU") with Qinghai Huayou Downhole Technologies Co., Ltd. ( "QHHY"), a PRC corporation and oilfield service provider in Qinghai province. http://www.ariva.de/news/...lfield-Service-Company-in-Qinghai-5438594
University in Nanjing
12:40 06.08.15
PR Newswire
BEIJING, Aug. 6, 2015
BEIJING, Aug. 6, 2015 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON), ("Recon" or the "Company"), a leading independent oilfield services provider operating primarily in China, today announced that it will set up a graduate student workstation (the "Workstation") in collaboration with the College of Information Science & Technology of Nanjing Agricultural University ("CIST-NAU"). http://www.ariva.de/news/...h-a-Premier-University-in-Nanjing-5449083
12:40 06.08.15
PR Newswire
BEIJING, Aug. 6, 2015
BEIJING, Aug. 6, 2015 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON), ("Recon" or the "Company"), a leading independent oilfield services provider operating primarily in China, today announced that it will set up a graduate student workstation (the "Workstation") in collaboration with the College of Information Science & Technology of Nanjing Agricultural University ("CIST-NAU"). http://www.ariva.de/news/...h-a-Premier-University-in-Nanjing-5449083
Third Quarter Financial Results
Montag, 16.05.2016 21:51 von PR Newswire
PR Newswire
BEIJING, May 16, 2016
BEIJING, May 16, 2016 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON) ("Recon" or the "Company") a leading independent oilfield services provider operating primarily in China, today reported its financial results for the third quarter of fiscal year 2016, which ended March 31, 2016.
http://www.ariva.de/news/...td-reports-fiscal-year-2016-third-5752515
Montag, 16.05.2016 21:51 von PR Newswire
PR Newswire
BEIJING, May 16, 2016
BEIJING, May 16, 2016 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON) ("Recon" or the "Company") a leading independent oilfield services provider operating primarily in China, today reported its financial results for the third quarter of fiscal year 2016, which ended March 31, 2016.
http://www.ariva.de/news/...td-reports-fiscal-year-2016-third-5752515
-- Recon Technology, Ltd. (NASDAQ: RCON), ("Recon" or the "Company"), a leading independent oilfield services provider operating primarily in China, today reported its financial results for the second quarter and first six months of fiscal year 2017, which ended December 31, 2016.
Recon Technology Reports Fiscal 2017 Second Quarter and First Six Months Financial Results
http://www.ariva.de/news/...ts-fiscal-2017-second-quarter-and-6037254
Recon Technology Reports Fiscal 2017 Second Quarter and First Six Months Financial Results
http://www.ariva.de/news/...ts-fiscal-2017-second-quarter-and-6037254
BEIJING, June 12, 2017 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON), ("Recon" or the "Company"), a leading independent oilfield services provider operating primarily in China, today announced that the Company's two co-founders, Messers' Shenping Yin (Chairman and Chief Executive Officer) and Guangqiang Chen (Chief Technology Officer and Director) released a Letter to Shareholders updating current activities and outlining the remainder of 2017 in conjunction with the holding of its 2016 Annual Meeting of Stockholders on June 9, 2017 in Beijing, China. The letter is included in its entirety below and on the Company's website at http://www.recon.cn/en/. http://www.ariva.de/news/...tegy-and-china-oil-and-gas-market-6268234
Recon Technology, Ltd. is China’s first non-state owned oil and gas field service company to be listed on Nasdaq (Ticker: RCON). Recon supplies China’s largest oil exploration companies, Sinopec and CNPC, with advanced automated technologies, efficient gathering and transportation equipment and reservoir stimulation products for increasing petroleum extraction levels, reducing impurities and lowering production costs. www.recon.cn/en/index.asp
drehen www.nasdaq.com/symbol/rcon/real-time
Um die 2,-$ USD könnte eine Bodenbildung sein.Mal schauen ,ob diese bis zum Ende der Woche halten wird?.
ca. 6$…
mit Blockchain/Öl/China sollte hier ein Rebound zwischen 6-10$ möglich sein, lt. Chart ja!
Mal sehen…
mit Blockchain/Öl/China sollte hier ein Rebound zwischen 6-10$ möglich sein, lt. Chart ja!
Mal sehen…
ich hatte nur das hier auf Twitter gelesen , keine Ahnung
x.com/MarkBagger/status/...?t=Sxiog3iMMIWpPofc685VhQ&s=09
x.com/MarkBagger/status/...?t=Sxiog3iMMIWpPofc685VhQ&s=09
investorshub.advfn.com/ORIONS-Money-Stocks-12753
investorshub.advfn.com/Recon-Technology-Ltd-RCON-15820
investorshub.advfn.com/Recon-Technology-Ltd-RCON-15820
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