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Recon Technology, Ltd. (RCON)

4.73 Down 0.08(1.66%) 3:59PM EDT
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Recon Technology, Ltd.
Building C
Room 1902
Beijing, 100107
China - Map
Phone: 86 10 8494 5799
Fax: 86 10 8494 5792

Index Membership:N/A
Sector:Basic Materials
Industry:Oil & Gas Equipment & Services
Full Time Employees:82

Business Summary 

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. It offers equipment, tools, and other hardware related to oilfield production and management; and develops and sells industrial automation control and information solutions. The company provides oil and gas production and transportation equipment, such as heating furnaces and burners; and oil and gas development tools and equipment, including fracturing, production, and water injection packers. It also offers oil and gas production increasing techniques comprising fissure shaper technique to increase perforation depth, shape stratum fissures, and enhance stratum diversion capability; sand prevention technique for oil and water wells; water locating and plugging technique; fracture acidizing technique for oil and gas wells; and electronic broken-down service to resolve block-up and freezing problems. In addition, the company provides 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 dynamometer and wireless pressure gauge; electric multi-way valve for oilfield metering station flow control; and natural gas flow computer system. Further, it offers 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. The company was incorporated in 2007 and is headquartered in Beijing, the People’s Republic of China.

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Key Executives 
Mr. Shenping Yin , 44
Chairman and Chief Exec. Officer
Mr. Guangqiang Chen , 51
Chief Technology Officer and Director
Ms. Jia Liu , 31
Chief Financial Officer and Principal Accounting Officer
Mr. L. McCarthy Downs III, 61
Board Observer
Mr. Zhu Ming ,
Board Observer
Amounts are as of Dec 31, 2013 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.