RECON TECHNOLOGY, LTD (NASDAQ:RCON) Files An 8-K Other EventsItem 8.01
On November 25, 2016, the Company determined that it qualifies as a “foreign private issuer” as defined under Rule 3b-4 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Accordingly, effective immediately after the filing of this Form 8-K, the Company will begin reporting under the Exchange Act as a foreign private issuer, including the filing of annual reports on Form 20-F and current reports on Form 6-K.
About RECON TECHNOLOGY, LTD (NASDAQ:RCON)
Recon Technology, Ltd. is a provider of hardware, software and on-site services to companies in the petroleum mining and extraction industry in China, the People’s Republic of China. The Company provides services designed to automate and enhance the extraction of petroleum. The Company controls by contract the People’s Republic of China companies of Beijing BHD Petroleum Technology Co., Ltd. (BHD) and Nanjing Recon Technology Co., Ltd. It serves as the center of strategic management, financial control and human resources allocation for the Domestic Companies. Through its contractual relationships with the Domestic Companies, it provides equipment, tools and other hardware related to oilfield production and management, and develops and sells its specialized industrial automation control and information solutions. Its products and services include Equipment for Oil and Gas Production and Transportation, Oil and Gas Production Improvement Techniques, and Automation System and Service. RECON TECHNOLOGY, LTD (NASDAQ:RCON) Recent Trading Information
RECON TECHNOLOGY, LTD (NASDAQ:RCON) closed its last trading session down -0.07 at 1.27 with 31,989 shares trading hands.