2m 2m 2m 2m 2m 2m 2m
- $13.7MMarket Cap
- -71.49%1-Year Change
- Oil & Gas Equipment & ServicesIndustry
RECON-A (RCON)
Key Performance
More- Earnings Score: N/A
- Momentum Score: 38
- True Yield: N/A
- Financial Health Score: N/A
Latest Research & News
Recon Technology, Ltd Reports Financial Results for the First Six Months of Fiscal Year 2026
Recon Technology (NASDAQ: RCON), a China-based oilfield services company, reported strong financial growth for the first half of fiscal 2026. Total revenues doubled to RMB85.0 million ($12.2 million), up 102.2% year-over-year, driven by successful overseas oilfield projects and recovery in domestic operations. Gross profit increased to RMB28.5 million with improved margins of 33.5%. Net loss narrowed significantly to RMB7.2 million from RMB20.7 million in the prior year period. The company expects its plastic chemical recycling project to be fully completed by July 2026.
03/13/2026, 9:10 AM • Benzinga
Recon Technology, Ltd Reports Financial Year Results for Fiscal Year 2025
Recon Technology reported a 3.7% revenue decrease to RMB66.3 million for fiscal year 2025, with reduced performance in oilfield services and ongoing construction of a chemical recycling factory. Despite challenges, the company expanded its client base and reduced net losses.
10/14/2025, 4:30 PM • Benzinga
Recon Technology completed construction of a 40,000-ton-per-year waste plastic chemical recycling plant in Shandong, investing over $15 million. The project aims to produce 30,000 tons of plastic pyrolysis oil and 6,000 tons of carbon residue annually, with expected launch in December 2025.
08/25/2025, 8:30 AM • Benzinga
Recon Awarded Mega $5.85 Million Contract to Provide Upgrades Service for Large Mid-Asia Gas Field
Recon Technology Ltd. has been awarded a $5.85 million contract to upgrade and retrofit automation systems for a large gas field in Mid-Asia, with services expected to be completed within the next calendar year.
08/05/2025, 8:30 AM • Benzinga
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Statistics
MoreInformation as of 06/02/2026
Company Profile
Recon Technology, Ltd. provides hardware, software, and on-site services to companies in the petroleum mining and extraction industry in China. The Company provides specialized equipment, automation systems, tools, chemicals, outsourcing platform services, and field services to energy industry companies mainly in 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 is also involved in designing, testing, and implementing solutions for sewage, oily sludge treatment; and produces and sells integrated equipment and project services. In addition, the company develops, upgrades, and maintains online operation platform of gas stations, marketing, and promotion related services, as well as engages in production and efficiency of exploited oil wells business and plastic chemical cycle activities. Further, it provides equipment for oil and gas production and transportation, including heating furnaces, burner, waste water and oil treatment products and services, chemical recycling plan, automation system and service; and operates platform services comprising intelligent marketing system and digitalization solution for gas stations. Additionally, the company offers equipment and accessories. Recon Technology, Ltd. was incorporated in 2007 and is based in Beijing, China.
Key Executives
- Shenping Yin
- Guangqiang Chen
- Jia Liu
Current Ownership Distribution
- Institutions36.0M (95.28%)
- Insiders1.5M (3.97%)
- Mutual Funds283,086 (0.75%)
- Other0 (0.00%)