Company Overview - Recon Technology Ltd. is a China-based provider of oilfield and low-carbon energy services, and it is the first NASDAQ-listed non-state-owned oil and gas field service company in China [2]. - The company supplies advanced automated technologies and efficient gathering and transportation equipment to major clients such as Sinopec and CNPC [2]. Recent Developments - Recon announced that one of its domestic affiliated entities has been awarded contracts valued at approximately $5.85 million to upgrade and retrofit automation systems for a large Asian gas field [1]. - The services related to these contracts are expected to be completed within the next calendar year, ensuring the capacity supply of the operational gas field [1]. Strategic Importance - The CEO of Recon, Mr. Shenping Yin, highlighted that winning these contracts is a significant milestone in the company's international market expansion and demonstrates its technical capabilities and strong customer relationships in the oilfield automation market [2].

Core Viewpoint - RCON experienced a 9.43% increase in stock price, reaching $3.075 per share, with a total market capitalization of $94.18 million as of August 5 [1] Financial Performance - As of December 31, 2024, RCON reported total revenue of 42.07 million RMB, a year-on-year decrease of 7.04% [1] - The company recorded a net loss attributable to shareholders of 20.59 million RMB, which represents a year-on-year increase of 8.72% [1] Company Overview - RCON is a leading oilfield services company based in China, primarily engaged in the research, development, and sales of oilfield automation products, enhanced oil recovery measures, and specialized equipment [1] - The company provides products and services to major oil and gas companies in China, aimed at improving oil and gas production and transportation efficiency [1] Technological Advancements - RCON's automation systems enable remote monitoring and collection of real-time production data from oilfields, significantly aiding clients in enhancing extraction levels, reducing impurities, and lowering production costs [1]

Group 1 - The core viewpoint of the article highlights the significant stock price increase of RCON, which rose by 19.97% to $3.371 per share, with a total market capitalization of $103 million as of August 4 [1] - Financial data indicates that RCON's total revenue for the year ending December 31, 2024, is projected to be 42.0693 million RMB, reflecting a year-on-year decrease of 7.04%, while the net profit attributable to shareholders is expected to be -20.5883 million RMB, showing a year-on-year increase of 8.72% [1] - RCON is identified as a leading oilfield services company in China, primarily engaged in the research, development, and sales of oilfield automation products, enhanced oil recovery measures, and specialized equipment [1] Group 2 - The company provides products and services to major Chinese oil and gas companies, aiming to enhance their oil and gas production and transportation efficiency [1] - RCON's automation systems are capable of remotely monitoring and collecting real-time production data from oilfields, which significantly aids clients in improving extraction levels, reducing impurities, and lowering production costs [1]

研控科技的自动化系统可远程监测和收集油田生产实时数据,这项先进的行业应用可以极大地帮助油田 客户提高开采水平、减少杂质以及降低生产成本。 本文源自：金融界 作者：行情君 8月1日，研控科技(RCON)盘中上涨33.28%，截至00:13，报3.625美元/股，成交250.75万美元，总市值 1.11亿美元。 财务数据显示，截至2024年12月31日，研控科技收入总额4206.93万人民币，同比减少7.04%；归母净利 润-2058.83万人民币，同比增长8.72%。 资料显示，研控科技有限责任公司(纳斯达克交易代码:RCON)是一家领先的中国油田服务公司。公司主 要业务为油田自动化产品、油田增产措施及专用设备的研发和销售。研控科技为中国主要石油天然气公 司提供产品和服务,以帮助他们提高油气生产和运输效率。 ...

Core Viewpoint - RCON experienced a significant stock price increase of 20.35% on July 31, closing at $2.72 per share, with a total market capitalization of $83.31 million [1] Financial Performance - As of December 31, 2024, RCON reported total revenue of 42.07 million RMB, reflecting a year-on-year decrease of 7.04% [1] - The company recorded a net loss attributable to shareholders of 20.59 million RMB, which represents a year-on-year increase of 8.72% [1] Company Overview - RCON is a leading oilfield services company based in China, primarily engaged in the research, development, and sales of oilfield automation products, enhanced oil recovery measures, and specialized equipment [1] - The company provides products and services to major Chinese oil and gas companies, aiming to improve the efficiency of oil and gas production and transportation [1] Technological Advancements - RCON's automation systems enable remote monitoring and real-time data collection of oilfield production, significantly aiding clients in enhancing extraction levels, reducing impurities, and lowering production costs [1]

Group 1 - The top five gainers among Chinese concept stocks include 707 Cayman Holdings with a rise of 41.31%, ATA Creativity Global increasing by 33.36%, and RCON (研控科技) up by 20.35% [1] - 707 Cayman Holdings closed at a price of 5.935, with a gain of 1.735 and a trading volume of 2.7565 million [1] - ATA Creativity Global's latest price is 1.700, showing an increase of 0.425 and a trading volume of 0.8189 million [1] Group 2 - RCON (研控科技) reached a price of 2.720, with a rise of 0.460 and a trading volume of 20.0451 million [1] - 康乃德生物 (CNTB) closed at 2.100, reflecting a gain of 0.350 and a trading volume of 0.5651 million [1] - I-Mab (IMAB) saw its price at 2.030, with an increase of 0.330 and a trading volume of 3.7652 million [1]

Core Viewpoint - RCON experienced a significant stock price increase of 20.32%, reaching $2.719 per share, with a total market capitalization of $83.28 million as of July 30 [1] Financial Performance - As of December 31, 2024, RCON reported total revenue of 42.07 million RMB, reflecting a year-on-year decrease of 7.04% [1] - The company recorded a net loss attributable to shareholders of 20.59 million RMB, which represents a year-on-year increase of 8.72% [1] Company Overview - RCON is a leading oilfield services company based in China, primarily engaged in the research, development, and sales of oilfield automation products, enhanced oil recovery measures, and specialized equipment [1] - The company provides products and services to major Chinese oil and gas companies, aiming to improve oil and gas production and transportation efficiency [1] Technological Advancements - RCON's automation systems enable remote monitoring and real-time data collection of oilfield production, significantly aiding clients in enhancing extraction levels, reducing impurities, and lowering production costs [1]

Core Viewpoint - RCON's stock opened up by 3.98% on July 30, 2023, reaching $2.35 per share, with a total market capitalization of $71.97 million [1] Financial Performance - As of December 31, 2024, RCON reported total revenue of 42.07 million RMB, a year-on-year decrease of 7.04% [1] - The company recorded a net loss attributable to shareholders of 20.59 million RMB, which represents a year-on-year increase of 8.72% [1] Company Overview - RCON is a leading oilfield services company based in China, primarily engaged in the research, development, and sales of oilfield automation products, enhanced oil recovery measures, and specialized equipment [1] - The company provides products and services to major Chinese oil and gas companies, aiming to improve their oil and gas production and transportation efficiency [1] Technological Advancements - RCON's automation systems enable remote monitoring and collection of real-time production data from oilfields, significantly aiding clients in enhancing extraction levels, reducing impurities, and lowering production costs [1]

Core Viewpoint - Chinese concept stocks experienced significant declines, with the top five losers showing drastic percentage drops in their stock prices [1] Group 1: Stock Performance - Feitian Zhaoye (PTHL) saw a decline of 94.67%, closing at 1.650, with a drop of 29.310 million [1] - Hongli Yingzao (WLGS) fell by 37.00%, ending at 0.0533, with a decrease of 0.0313 million [1] - American Green Star (PLAG) decreased by 26.83%, closing at 1.500, down by 0.550 million [1] - Pitanium (PTNM) dropped by 25.42%, with a closing price of 1.320, down by 0.450 million [1] - Yanke Technology (RCON) experienced a decline of 23.45%, closing at 2.260, with a drop of 0.693 billion [1]

7月29日，研控科技(RCON)盘中上涨10.75%，截至22:29，报3.27美元/股，成交7.98万美元，总市值1.00 亿美元。 财务数据显示，截至2024年12月31日，研控科技收入总额4206.93万人民币，同比减少7.04%；归母净利 润-2058.83万人民币，同比增长8.72%。 资料显示，研控科技有限责任公司(纳斯达克交易代码:RCON)是一家领先的中国油田服务公司。公司主 要业务为油田自动化产品、油田增产措施及专用设备的研发和销售。研控科技为中国主要石油天然气公 司提供产品和服务,以帮助他们提高油气生产和运输效率。 研控科技的自动化系统可远程监测和收集油田生产实时数据,这项先进的行业应用可以极大地帮助油田 客户提高开采水平、减少杂质以及降低生产成本。 本文源自：金融界 作者：行情君 ...