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Recon Technology, Ltd
Recon Technology (RCON) reported fiscal year 2026 revenue of RMB 109.9 million, a 65.8% increase year-over-year, while net loss narrowed to RMB 31.6 million from RMB 43.7 million in the previous year. The company is pursuing business diversification through growth in overseas oilfield projects and the commencement of operations at its waste plastic chemical recycling plant in Shandong.…more
Recon Technology, Ltd
Recon Technology announced that it regained compliance with the Nasdaq minimum bid price requirement (Listing Rule 5550(a)(2)) as of September 16, 2026. The company successfully addressed the deficiency notice received on May 4, 2026, and Nasdaq has confirmed that the matter is now closed.…more
Recon Technology, Ltd
Recon Technology는 2026년 7월 28일 Pacific Century Securities와 최대 1억 달러 규모의 Class A 보통주를 발행 및 매각하는 ATM(At-the-Market) 주식 공모 계약을 체결했습니다. 회사는 이번 공모를 통해 조달한 자금을 운영 자금, 자본 지출, 잠재적 인수 및 기타 전략적 이니셔티브에 사용할 예정입니다. 기존 주주들에게는 신주 발행에 따른 지분 희석 가능성이 발생합니다.…more
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Recon Technology Reports Revenue Beat Despite Continued Losses
Recon Technology reported a significant revenue increase of over 75% year-over-year, beating analyst estimates. Despite the top-line growth, the company continues to report net losses per share.…more
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Recon Technology has regained compliance with Nasdaq's minimum bid price requirement after maintaining a closing price of at least $1.00. The company is now in full compliance with all applicable listing standards, resolving its previous delisting risk.…more
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Recon Technology's subsidiary has won a contract worth approximately $1.33 million to provide informatization system integration services for a major domestic oil and gas operator. The project is scheduled for completion by July 2028.…more
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