Advertisement
U.S. markets open in 8 hours 26 minutes

Recon Technology, Ltd. (RCON)

NasdaqCM - NasdaqCM Delayed Price. Currency in USD
0.1370-0.0030 (-2.14%)
At close: 04:00PM EDT
0.1372 +0.00 (+0.15%)
After hours: 07:50PM EDT

Recon Technology, Ltd.

No. 1 Shui'an South Street
Room 601 Chaoyang District
Beijing 100012
China
86 10 8494 5799
https://www.recon.cn

Sector(s)Energy
IndustryOil & Gas Equipment & Services
Full Time Employees188

Key Executives

NameTitlePayExercisedYear Born
Mr. Guangqiang ChenChairman & CTO770kN/A1963
Mr. Shenping YinCo-Founder, CEO & Director770kN/A1970
Ms. Jia LiuCFO, Company Secretary & Director222kN/A1983
Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Recon Technology, Ltd. provides hardware, software, and on-site services to companies in the petroleum mining and extraction industry in the People's Republic of China. The company offers equipment, tools, and other components and parts related to oilfield production and other energy industries; and develops and sells industrial automation control and information solutions. It also provides equipment for oil and gas production and transportation, including heating furnaces and burner, as well as improvement techniques comprising packers of fracturing; production packers; sand prevention in oil and water wells; water locating and plugging techniques; fissure shaper; fracture acidizing techniques; and electronic broken-down services to resolve block-up and freezing problems. In addition, the company offers automation systems and services, including pumping unit controller that monitors the pumping units and collects data; RTU to monitor natural gas wells and collect gas well pressure data; wireless dynamometers and wireless pressure gauges; electric multi-way valves for oilfield metering station flow control; and natural gas flow computer systems. Further, it provides Recon SCADA oilfield monitor and data acquisition system for supervision and data collection; EPC service of pipeline SCADA system for pipeline monitoring and data acquisition; EPC service of oil and gas wells SCADA system for monitoring and data acquisition of oil wells and natural gas wells; EPC service of oilfield video surveillance and control system to control the oil and gas wellhead and measurement station areas; and technique service for digital oilfield transformation. Additionally, the company offers oilfield waste water treatment solutions and related chemicals; oily sludge disposal solutions; and gas station operation and management solution. Recon Technology, Ltd. was incorporated in 2007 and is headquartered in Beijing, the People's Republic of China.

Corporate Governance

Recon Technology, Ltd.’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.