Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(B) OR 12(G) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EX ...

| --- | --- | --- | --- | --- | --- | --- | --- | |------------------------------------------------------------------------------|-----------------|-------|---------|----------|-------------|-------------------|-------| | (in RMB millions, except earnings per share; differences due to rounding) | June 30, \n2024 | | 2023 | Increase | /(Decrease) | Percentage Change | | | Revenue | RMB68.8 | | RMB67.1 | RMB | 1.7 | 2.6 | % | | Gross profit | 20.9 | | 18.9 | | 2.0 | 10.7 | % | | Gross margin | 30.3 | % | 28.1 ...

Recon Technology (RCON, Financial) experienced a significant drop of 5.41% in its stock price to $2.80 per share. The trading volume reached 30,236 shares with a turnover rate of 0.11% and an amplitude of 10.81%.The recent financial report revealed that the company achieved revenue of $6.25 million, a net loss of $3.12 million, an earnings per share (EPS) of -$1.14, and a gross profit of $1.67 million. The price-to-earnings (P/E) ratio stood at -0.86. Currently, there are no institutional ratings available ...

Exhibit 99.1 RECON TECHNOLOGY,LTD CONDENSED CONSOLIDATED INTERIMBALANCESHEETS (UNAUDITED) | --- | --- | --- | --- | --- | --- | |-----------------------------------------------------------------------------------------------------------------------------------------------------------|---------|---------------------------|-----------------|------------------------|--------------------------------------------| | | As of | June, 30 2023 \nRMB | As 2023 \nRMB | of December, 31 \n | As of December, 31 2023 \nUS ...

BEIJING, June 28, 2024 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ: RCON) ("Recon" or the "Company"), a China-based independent solutions integrator in the oilfield service and environmental protection, electric power and coal chemical industries, today announced its financial results for the first six months of fiscal year 2024.First Six Months of Fiscal 2024 Financial Highlights:- Total revenue was RMB45.3 million ($6.4 million) for the six months ended December 31, 2023, identical to the same period in ...

BEIJING, May 23, 2024 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON) ("Recon" or the "Company") announced today that on May 22, 2024, it had received a letter dated May 22, 2024 (the "Compliance Letter") from the Listing Qualifications Hearings Department of Nasdaq notifying the Company that (i) the Company's bid price deficiency had been cured and (ii) the Company was in compliance with all applicable listing standards. Accordingly, the Compliance Letter provided that the Company's scheduled hearing ...

BEIJING, April 29, 2024 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON) ("Recon" or the "Company") announced today that on April 23, 2024, it has received a Staff determination letter (the "Letter") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company of the Staff's determination to delist the Company's securities from The Nasdaq Capital Market because the Company currently fails to satisfy the requirement that the closing bid price of its securit ...

BEIJING, April 25, 2024 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON) ("Recon" or the "Company") announced today that the Company's shareholders approved on March 29, 2024 to effect a reverse stock split of the Company's Class A ordinary shares at the ratio of one-for-eighteen with the market effective date of May 1, 2024. The objective of the reverse stock split is to enable the Company to regain compliance with the NASDAQ Marketplace Rule 5550(a)(2) and maintain its listing on Nasdaq. Beginning wi ...

BEIJING, March 11, 2024 /PRNewswire/ -- Recon Technology Ltd ("Recon" or the "Company"), a China-based provider of oilfield services and low-carbon energy services, today announced two recently awarded bids from a newly developed oilfield-industry customer for the supply of electronic components and materials used in oilfield production. The total value of these contracts exceeds US$3 million and represents a significant milestone for the Company. "We are very pleased to have secured these contracts with th ...

BEIJING, March 4, 2024 /PRNewswire/ -- Recon Technology Ltd ("Recon" or the "Company"), a China-based oilfield service provider and low-carbon energy service provider, today announced that it will participate in the 2024 Plastics Recycling Conference in Grapevine, Texas, from March 25th to 27th. At the conference, Recon will showcase its solutions for low value plastic chemical recycling, including its solution on waste plastic collection and treatment, basic processing and techniques, factory construction ...