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 reported that shareholders approved all proposals at the annual general meeting for the year ended June 30, 2025. Two Class I directors, Hu Zhongchen and Yonggang Duan, were re-elected with more than 304 million votes cast in favor for each.
Shareholders ratified ENROME LLP as auditor for the fiscal year ending June 30, 2026. They also approved a large increase in authorized share capital from US$58,000 (500,000,000 Class A and 80,000,000 Class B Ordinary Shares) to US$320,000 (3,000,000,000 Class A and 200,000,000 Class B Ordinary Shares).
Investors authorized the board to implement one or more reverse share splits of Class A Ordinary Shares at an exchange ratio of up to 1-for-8,000 within two years, with fractional shares rounded up to the next whole share. A related special resolution conditionally increases authorized Class A shares after the first consolidation based on the chosen consolidation ratio.
Recon Technology, Ltd (RCON) filed its annual report on Form 20-F, outlining FY2025 results and operating structure. Revenue was RMB 66,285,032, while loss from operations reached RMB 57,319,712. Net loss attributable to the company was RMB 42,588,554, reflecting continued investment and operating costs.
The company operates in China primarily through variable interest entities (VIEs); on July 10, 2025, its WFOE re-signed VIE agreements with BHD and Nanjing Recon. Cash support to VIEs increased to RMB 92,151,863 for FY2025. Customer concentration remains high: CNPC represented 44% of revenue and Sinopec 17% in FY2025, which can affect quarterly timing and seasonality.
Balance sheet highlights show total assets of RMB 525,621,125 and total liabilities of RMB 71,651,378, with shareholders’ equity at RMB 467,427,518. Shares outstanding were 10,627,426 Class A Ordinary Shares and 20,000,000 Class B Ordinary Shares as of June 30, 2025. The filing also notes that Gansu BHD’s Hazardous Waste Operating Permit expired on July 26, 2023 and has not yet been renewed, which is described as a potential operational and revenue headwind.
Recon Technology, Ltd. filed a Form 6-K explaining that it has amended, restated, and re-registered the contractual arrangements for its variable interest entities (VIEs) in China, Nanjing Recon Technology Co., Ltd. and Beijing BHD Petroleum Technology Co., Ltd. These updated VIE agreements were signed on July 10, 2025 and have completed registration and review with the competent authorities.
The company states that the updates were made solely to reflect changes in the registered individual shareholders of the VIEs and that the principal terms of the contracts remain unchanged. As of this report, Nanjing Recon is held by Shenping Yin (99.75%) and Yingwu Yan (0.25%), while BHD is held by Guangqiang Chen (85.93%), Shenping Yin (10.00%), Donglin Li (3.77%) and Zhiqiang Feng (0.30%). The company indicates these changes do not affect its contractual control over the VIEs and does not expect any negative impact on operations.