Recon(US:RCON) Jin Rong Jie·2025-08-11 13:55Group 1 - The core viewpoint of the article highlights the performance and financial results of RCON, a leading oilfield services company in China, which experienced a stock price increase of 4.26% on August 11, reaching $2.69 per share with a total market capitalization of $82.39 million [1] - As of December 31, 2024, RCON reported total revenue of 42.07 million RMB, reflecting a year-on-year decrease of 7.04%, while the net profit attributable to the parent company was -20.59 million RMB, showing a year-on-year increase of 8.72% [1] - RCON specializes in the research and sales of oilfield automation products, enhanced oil recovery measures, and specialized equipment, providing services to major oil and gas companies in China to improve production and transportation efficiency [1] Group 2 - The company's automation systems enable remote monitoring and collection of real-time production data from oilfields, significantly assisting clients in enhancing extraction levels, reducing impurities, and lowering production costs [1]