Welcome to our dedicated page for Recon Technology SEC filings (Ticker: RCON), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Recon Technology, Ltd. filings document the company as a foreign private issuer with Class A and Class B ordinary shares and operations conducted through China-based business structures, including disclosed VIE arrangements for Nanjing Recon Technology Co., Ltd. and Beijing BHD Petroleum Technology Co., Ltd. Form 6-K reports provide current updates on operating results, Nasdaq listing compliance, material agreements, private-placement securities, warrant and share-based instruments, and shareholder meeting results.
The filing record also covers governance matters such as director elections, auditor ratification and authorized share-capital changes. Current reports describe revenue categories, capital structure, related contractual arrangements and the regulatory status of the company’s ordinary shares.
Recon Technology, Ltd. established an at-the-market equity program under which it may, from time to time, offer and sell its Class A ordinary shares, par value $0.0001 per share, with an aggregate gross sales price of up to $100,000,000 under its effective Form F-3 shelf registration statement (No. 333-292540).
The shares may be sold on The Nasdaq Capital Market or other trading markets through Pacific Century Securities, LLC, acting as exclusive sales agent or principal, with a commission of up to 3.5% of gross proceeds plus expenses. Recon is not obligated to sell shares and may suspend or terminate the program; it expects to use any proceeds for general corporate purposes, including working capital, operating expenses, capital expenditures, potential acquisitions, business development, and other strategic growth initiatives.
Recon Technology, Ltd, a Cayman Islands holding company with China-based operations conducted through subsidiaries and variable interest entities, has established an at-the-market equity program to sell up to $100,000,000 of Class A Ordinary Shares through Pacific Century Securities LLC.
The ATM is under a broader Form F-3 shelf with capacity of $300,000,000. Assuming 208,333,333 shares are sold at $0.48, Class A shares outstanding would rise to 278,960,759, alongside 20,000,000 Class B shares, which would dilute existing holders. Net proceeds are intended for working capital, operating expenses, capital expenditures, potential acquisitions, business development and other strategic initiatives.
The company emphasizes that investors purchase securities of the Cayman holding company, not direct equity in PRC operating entities, and highlights regulatory and enforceability risks of its VIE structure and PRC legal environment. It also notes HFCAA-related audit and potential trading risks, and that its Nasdaq bid price is below $1.00 with reverse split authority in place to address continued listing requirements.
Recon Technology, Ltd has received a notice from Nasdaq that its ordinary shares no longer meet the $1.00 minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2), after trading below $1.00 for 30 consecutive business days.
The notice does not immediately affect the listing, and the shares continue trading on Nasdaq under the symbol RCON. Recon has 180 calendar days, until November 2, 2026, to regain compliance by having a closing bid of at least $1.00 for 10 consecutive business days. If it still does not comply, the company may qualify for an additional 180‑day grace period and could use measures such as a reverse stock split to cure the deficiency.
Recon Technology, Ltd completed a private PIPE financing with 12 non-U.S. investors, issuing 60,000,000 Class A ordinary shares at $0.30 per share for total gross proceeds of $18,000,000 (approximately RMB 123,568,200). The shares were sold under Regulation S as an exempt offering to non-U.S. persons.
Class A ordinary shares outstanding will rise from 10,627,426 to 70,627,426 after closing, while 20,000,000 Class B ordinary shares remain outstanding. The transaction closed on April 16, 2026 under a Securities Purchase Agreement with customary terms.
Recon Technology, Ltd director Wong Nam Sum has filed a Form 3 showing an initial position in the company. The filing reports direct ownership of 65,000 Class A Ordinary Shares as of April 1, 2026, with no reported purchases or sales in this filing.
Recon Technology, Ltd director Hu Zhongchen filed an initial Form 3, formally reporting insider status with the company. The filing does not list any common stock or derivative holdings and shows no insider transactions at this time.
Recon Technology, Ltd director Duan Yonggang filed an initial Form 3 showing beneficial ownership of 65,000 Class A Ordinary Shares, held directly. This filing establishes his reported equity position but does not disclose any recent share purchases or sales.
Recon Technology, Ltd CEO and director Yin Shenping filed an initial insider ownership report. The filing shows direct holdings of 10,000,000 Class B Ordinary Shares and 984,041 Class A Ordinary Shares. This Form 3 records existing ownership and does not reflect new share purchases or sales.
Recon Technology, Ltd director and CFO Mrs. Liu Jia has filed an initial insider ownership report. The Form 3 shows she directly holds 383,323 Class A Ordinary Shares following the reported position, with no purchases or sales disclosed in this filing.
Recon Technology, Ltd reported sharply improved results for the six months ended December 31, 2025. Revenue rose to RMB 85,048,921 from RMB 42,069,270, while net loss attributable to the company narrowed to RMB 5,823,015 (about $832,681) from RMB 20,588,329.
Total assets were RMB 542,996,462 and total liabilities RMB 91,930,622, leaving shareholders’ equity of RMB 451,065,840 as of December 31, 2025. Cash and restricted cash declined to RMB 75,093,186 as the company expanded lending to third parties and invested in new projects.
The company is winding down underperforming units Qinghai BHD and Future Gas Station, whose operations fell to zero revenue by December 2025, while building a plastics chemical recycling plant in Shandong with construction in progress of RMB 40,370,158 and a total budget of about $20 million. It also issued a RMB 100 million 20‑year loan tied to an industrial park project, supported by collateral valued at RMB 688.3 million.