Recon(US:RCON) Jin Rong Jie·2025-08-04 14:22Group 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]