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RCON - Recon Technology, Ltd. ()

Overview

Company Summary


Recon Technology, Ltd. (RCON) is a China-based company that specializes in providing hardware, software, and other services to the oil and gas industry. Founded in 2007, Recon Technology focuses on offering advanced solutions to improve operational efficiency and safety in the extraction, exploration, and production processes.

The company's main offerings include:

1. Automation Systems: Recon Technology provides automation products and systems that help optimize oil and gas drilling and production operations. These systems enable real-time monitoring, data collection, and automated control of various processes, leading to improved efficiency and reduced costs.

2. Equipment and Software: Recon Technology offers a range of equipment and software solutions designed to enhance operational effectiveness. This includes products like blowout preventer control systems, hydraulic power units, and data management software, which help in streamlining operations and improving safety.

3. Oilfield Environmental Protection: Recon Technology has developed technologies and equipment to address environmental concerns in the oil and gas industry. For instance, they provide wastewater treatment systems to enhance water quality management and comply with regulatory requirements.

4. Financial Services: Recon Technology also offers financial services to the oil and gas industry. Through their subsidiary, they provide non-interest bearing financing services to their clients, helping them access capital for growth and operational needs.

The goal of Recon Technology is to leverage advanced technologies, innovation, and expertise to enable oil and gas companies to enhance productivity, reduce costs, and ensure environmental sustainability. Their solutions cater to both upstream (exploration and production) and downstream (refining and distribution) operations, making them a comprehensive provider in the industry.

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