Das RECON Rennen

Kosmonova buran  

Datum Erster Hoch Tief Schluss     Stücke Volumen
  06.12.13      3,47      3,66§3,44 3,50 $ 154.638 0,55 M

GrB  

RECON TECHNOLOGY Aktie
WKN: A0X9MV Symbol: RCON Typ: Aktie
SK 3,50 $ SKP +0,00 Pott +1,74%

buran und MfG und schüddelböööööön  

from China National Petroleum Company
12:30 05.11.13

PR Newswire

BEIJING, Nov. 5, 2013

BEIJING, Nov. 5, 2013 /PRNewswire-FirstCall/ -- Recon Technology, Ltd. (NASDAQ: RCON), an oilfield service company provider ("Recon" or the "Company") operating primarily in the People's Republic of China, announced today it recently received several sales orders for specialized oilfield furnaces from China National Petroleum Company's ("CNPC") Jiling Oilfield Company and Huabei Oilfield Company. The total value of these contracts will be approximately RMB11 million or USD1.9 million.

According to sales contracts, the Company will provide 9 vacuum heating furnaces to its newly developed customer, CNPC's Jiling Oilfield Company, and 6 phase-change heating furnaces to its long-term customer, CNPC's Huabei Oilfield Company. The Company will be in charge of the project, from design through manufacture of the furnaces, and expects to complete the orders before the end of calendar 2013.  

Furnaces are mainly used to facilitate petroleum transportation by raising oil temperature to decrease viscosity or flow resistance and maintain liquidity before the oil is transported from the oilfield. As China's oilfields have entered the water-flooding stage of development, crude oil temperatures drop, making furnaces even more important to efficient transportation. Key technologies and development of oilfield furnaces are of great significance to oilfield production safety, energy saving as well as production efficiency.

"Recon has sold more than 400 furnaces of various types since year 2009. We have made many technology breakthroughs, obtained 11 oilfield furnace-related patents and been a leader of this segmented industry," said Mr. Chen Guangqiang, CTO of the Company. "We are very excited about establishing this new business relationship with Jiling Oilfield. We will continue to focus on expanding our list of oilfield company clients in China and maintaining our leadership position. As more oil wells are developed, we believe our furnace business will continue to grow."

About Recon Technology, Ltd

Recon Technology, Ltd provides leading Chinese oil and gas companies with automation services designed to increase efficiency and profitability in relation to the exploration, extraction, production, refining and transportation of field based petroleum products for 10 years. Recon Technology is the first Chinese non-state-owned oil and gas service company to go public in the U.S. For additional information please visit us at www.recon.cn.

Forward Looking Statements

No statement made in this press release should be interpreted as an offer to purchase any security. Such an offer can only be made in accordance with the Securities Act of 1933, as amended, and applicable state securities laws. Any statements contained in this release that relate to future plans, events or performance are forward-looking statements that involve risks and uncertainties as identified in Recon's filings with the Securities and Exchange Commission. Actual results, events or performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as the date hereof. Recon undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect the events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Investor Contact:

Recon Technology, Ltd

Tel: +86 (10) 84945799

Email: info@recon.cn; liu.jia@recon.cn

SOURCE Recon Technology, Ltd.


Quelle: PR Newswire  

http://www.ariva.de/news/...4-First-Quarter-Financial-Results-4845822 GrB  

Total revenues increased by RMB 2.4 million or 27.2% in Q1FY2014 to RMB 11.51 million ($1.9 million), due to sales of furnaces and automation SCADA systems.
Gross profits increased 116.4% in Q1FY2014 to RMB 5.29 million ($0.9 million). Gross margin improved to 46% as compared to 27% for Q1FY2013.
Income (loss) before income taxes showed strong improvement from a loss of RMB 2.31 million to income of RMB 414 thousand ($67 thousand).
Comprehensive net income (loss) attributable to Recon in Q1FY 2014 was approximately RMB 46 thousand ($8 thousand), an improvement of 102% compared to net loss attributable to Recon of RMB 2.34 million ($382 thousand) for Q1FY 2013.
Diluted earnings per share attributable to Recon for Q1FY 2014 was RMB 0.01 ($0.002), compared to diluted losses per share attributable to Recon of RMB 0.59 in Q1FY 2013.
Adjust EBITDA in FY 2013 was RMB 1.48 million ($0.2 million), showing an improvement of 186.3% over Q1FY 2013.
Mr. Yin Shenping, CEO of Recon, noted, "As most of our major projects are still underway, our first quarter is usually a slower season. By contrast, this year business continued to flourish in the first quarter, especially our automation business and furnace business. Our focus on researching and developing our own products and growing our brand name have paid off. We expect this focus on self developed systems and other specialized oilfield products will continue to benefit our company in the future".

Mr. Yin continued, "As our traditional business improved, our new business, fracturing and shale gas automation systems sales also expanded. As our product lines continue to improve and become more integrated, our ability to provide a robust package of solutions to our customers will strengthen. We believe this focus on providing integrated services will provide us a competitive advantage and maximize our profit capability".http://www.ariva.de/news/...4-First-Quarter-Financial-Results-4845822  

Total revenues increased by 27.2%, or approximately RMB2.4 million ($0.4 million), from RMB9.1 million for the three months ended September 30, 2012 to RMB11.5 million ($1.9 million) for the same period of 2013. This increased was mainly driven by automation business and sales of furnaces.

Gross profit increased to approximately RMB5.3 million ($0.9 million) for the three months ended September 30, 2013 from approximately RMB2.4 million for the same period in 2012. Our gross profit as a percentage of revenue increased to 46.0% for the three months ended September 30, 2013 from 27.0% for the same period in 2012.

Selling and distribution expenses increased by 6.7%, from approximately RMB1.3 million for the three months ended September 30, 2012 to approximately RMB1.4 million ($0.2 million) for the same period of 2013. This increase was primarily from increased service charges.

General and administrative expenses increased by 38.3%, or RMB0.8 million ($0.1 million), from approximately RMB2 million in the three months ended September 30, 2012 to approximately RMB2.7 million ($0.5 million) in the same period of 2013. General and administrative expenses were 21.9% of total revenues in 2012 and 23.8% of total revenues in 2013.

Research and development expenses decreased by 54.8%, from approximately RMB1.5 million for the three months ended September 30, 2012 to approximately RMB0.7 million ($0.1 million) for the same period of 2013. This decrease was primarily we devoted fewer resources to R&D for our furnaces and fracturing services in the 2013 period.

Income from operations was approximately RMB0.5 million ($0.1 million) for the three months ended September 30, 2013, compared to a loss from operations of RMB2.3 million for the same period of 2012. This increase in income from operations can be attributed primarily to the increased revenue, improved gross margins, decreased research and development expenses and decreased percentage of revenue for selling and distribution expenses.

Net income attributable to ordinary shareholders was RMB46,444 ($7,569) for the three months ended September 30, 2013, an increase of approximately RMB2.4 million ($0.4 million) from net loss attributable to ordinary shareholders of RMB2.3 million for the same period of 2012.

Adjusted EBITDA improved by approximately RMB3.2 million ($0.5 million) to approximately RMB1.5 million ($0.2 million) for the three months ended September 30, 2013 compared to approximately RMB1.7 million loss for the same period in 2012. This was due to improved operation. Compared to net income attributable to ordinary shareholders, we believe EBITDA more accurately reflects our operations.

As of September 30, 2013, we had cash and cash equivalents in the amount of approximately RMB6.7 million ($1.1 million). Except for approximately RMB0.8 million ($0.1 million) of short-term borrowings, RMB0.9 million ($0.1 million) in lease commitments and RMB17.56 million ($2.9 million) in commercial loans from local banks, we did not have any finance leases or purchase commitments, guarantees or other material contingent liabilities.

Net cash used in operating activities totaled approximately RMB8.0 million ($1.3 million) for the three months ended September 30, 2013. This was a decrease of approximately RMB8.2 million ($1.3 million) compared to net cash provided by operating activities of approximately RMB236 thousand for the quarter ended September 30, 2012. This increase was mainly because we purchased goods in preparation for coming projects.

Net cash used in investing activities was RMB6,720 ($1,095) for the three months ended September 30, 2013, a decrease of RMB374,686 ($61,060) from RMB381,406 for the same period of 2012. The decrease was due to a decrease in purchase of property and equipment.

Net cash provided by financing activities amounted to approximately RMB2.3 million ($0.4 million) for the three months ended September 30, 2013, compared to cash flows used in financing activities of approximately RMB1.1 million for the three months ended September 30, 2012. During the three-month period ended September 30, 2013, we repaid approximately RMB5.2 million ($0.9 million) of short term borrowings to related parties and received RMB7.56 million ($1.2 million) of loan proceeds from a commercial bank, which was guaranteed by one of our shareholders.http://www.ariva.de/news/...4-First-Quarter-Financial-Results-4845822  

Contracts from CNPC Jidong Oilfield and Sinopec Southwest Oilfield
13:35 20.11.13

PR Newswire

BEIJING, Nov. 20, 2013

BEIJING, Nov. 20, 2013 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON), an oilfield service company provider ("Recon" or the "Company") operating primarily in the People's Republic of China, announced today it recently won several new automation system contracts with CNPC Jidong Oilfield and Sinopec Southwest Branch Company. The total value of these new contracts will be approximately RMB7.3 million or USD1.2 million.

"The 'digital oilfield' has been one of the most important development of China's oilfield industry. Our leading-edge automation and control technologies help our clients operate more efficiently and effectively, and we are pleased to win these bids and opportunities to help our long-term clients, CNPC and Sinopec," said Mr. Yin Shenping, CEO of Recon Technology. "Utilization of automation technology system in China's Petroleum industry is currently in its early stage. As Chinese oil companies invest more in efficiency. We believe our rich experience, outstanding technology, professional project management staff and construction personnel will help us to stay ahead in the Chinese oilfield automation and service industry."

About Recon Technology, Ltd.

Recon Technology, Ltd. provides leading Chinese oil and gas companies with automation services designed to increase efficiency and profitability in relation to the exploration, extraction, production, refining and transportation of field based petroleum products for 10 years. Recon Technology is the first Chinese non-state-owned oil and gas service company to go public in the U.S. For additional information please visit us at www.recon.cn.

Forward Looking Statements

No statement made in this press release should be interpreted as an offer to purchase any security. Such an offer can only be made in accordance with the Securities Act of 1933, as amended, and applicable state securities laws. Any statements contained in this release that relate to future plans, events or performance are forward-looking statements that involve risks and uncertainties as identified in Recon's filings with the Securities and Exchange Commission. Actual results, events or performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as the date hereof. Recon undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect the events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Investor Contact:

Recon Technology, Ltd.

Tel: +86-10-84945799

Email: info@recon.cn; liu.jia@recon.cn

SOURCE Recon Technology, Ltd.


Quelle: PR Newswire  

should be interpreted as an offer to purchase any security. Such an offer can only be made in accordance with the Securities Act of 1933, as amended, and applicable state securities laws. Any statements contained in this release that relate to future plans, events or performance are forward-looking statements that involve risks and uncertainties as identified in Recon's filings with the Securities and Exchange Commission. Actual results, events or performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as the date hereof. Recon undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect the events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Investor Contact:

Recon Technology, Ltd.

Tel: +86-10-84945799

Email: info@recon.cn; liu.jia@recon.cn

SOURCE Recon Technology, Ltd.


Quelle: PR Newswire
 

$2.6 Million Registered Direct Offering of Ordinary Shares and Warrants
14:50 25.11.13

PR Newswire

BEIJING, Nov. 25, 2013

BEIJING, Nov. 25, 2013 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON), an oilfield service company provider (the "Company") operating primarily in the People's Republic of China, announced today that it entered into a securities purchase agreement (the "Securities Purchase Agreement") with certain institutional investors for the sale of 546,500 ordinary shares in a registered direct offering at the price of $4.81 per ordinary share. In addition, warrants to purchase 163,950 ordinary shares in the aggregate will be issued to the investors.

The warrants will be exercisable immediately as of the date of issuance at an exercise price of $6.01 per ordinary shares and expire three years from the date of issuance. The exercise price of the warrants is subject to customary adjustment in the case of future issuances or deemed issuances of ordinary shares, stock splits, stock dividends, combinations of shares and similar recapitalization transactions.

Gross proceeds of the offering, before deducting placement agent fees and other estimated offering expenses payable by the Company, are expected to be approximately $2.6 million. These securities are being offered through a prospectus supplement pursuant to the Company's effective shelf registration statement and base prospectus

The net proceeds from this offering will be used for working capital and other general corporate purposes, including working capital and other general corporate purposes, including acquisition of complementary assets or businesses. In the Securities Purchase Agreement we have entered into with the purchasers in this offering, we have agreed not to use the proceeds of this offering to satisfy any existing debt (other than ordinary course trade payables), to redeem any of our outstanding securities (other than the warrants issued pursuant to the securities purchase agreement), or to settle any outstanding litigation.

The completion of the offering will occur on or before November 29, 2013. FT Global Capital, Inc. served as the placement agent for the offering.

A shelf registration statement relating to these securities has been filed with and declared effective by the Securities and Exchange Commission. A prospectus supplement related to the offering will be filed with the Securities and Exchange Commission. This press release does not constitute an offer to sell or the solicitation of an offer to buy, and these securities cannot be sold in any state in which this offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state. Any offer will be made only by means of a prospectus, including a prospectus supplement, forming a part of the effective registration statement.

Copies of the prospectus supplement and accompanying base prospectus relating to this offering may be obtained at the SEC's website at http://www.sec.gov or directly from the company by contacting the Company at:

Recon Technology, Ltd.

Room 1902, Building C, King Long International Mansion

No. 9 Fulin Road

Beijing, 100107

People's Republic of China

+86 (10) 8494-5799

Attn: Investor Relations

About Recon Technology, Ltd.

Recon Technology, Ltd. provides leading Chinese oil and gas companies with automation services designed to increase efficiency and profitability in relation to the exploration, extraction, production, refining and transportation of field based petroleum products for 10 years. Recon Technology is the first Chinese non-state-owned oil and gas service company to go public in the U.S. For additional information please visit us at www.recon.cn.

Investor Contact:

Recon Technology, Ltd.

Tel: +86 (10) 84945799

Email: info@recon.cn; liu.jia@recon.cn

Cautionary Note Regarding Forward-Looking Statements

Certain statements in this press release are forward-looking statements that involve a number of risks and uncertainties. Such forward-looking statements include statements about the public offering of securities described herein. Actual events or results may differ materially from the Company's expectations. Factors that could cause actual results to differ materially from those stated or implied by the Company's forward-looking statements are disclosed in its filings with the Securities and Exchange Commission. These forward-looking statements represent the Company's judgment as of the time of this release. The Company disclaims any intent or obligation to update these forward-looking statements, other than as may be required under applicable law.

SOURCE Recon Technology, Ltd.


Quelle: PR Newswire  

in this press release are forward-looking statements that involve a number of risks and uncertainties. Such forward-looking statements include statements about the public offering of securities described herein. Actual events or results may differ materially from the Company's expectations. Factors that could cause actual results to differ materially from those stated or implied by the Company's forward-looking statements are disclosed in its filings with the Securities and Exchange Commission. These forward-looking statements represent the Company's judgment as of the time of this release. The Company disclaims any intent or obligation to update these forward-looking statements, other than as may be required under applicable law.

SOURCE Recon Technology, Ltd.


Quelle: PR Newswire  

SK 3,39  $ SKP -3,14 EK 3,50 $ last shares 400 full 112.710 peak 3,66

buran und MfG und danke und TOP und SAMMELT STEINE FÜR DEN ROSTOCKER HAFEN  

oil and gas companies with automation services designed to increase efficiency and profitability in relation to the exploration, extraction, production, refining and transportation of field based petroleum products for 10 years. Recon Technology is the first Chinese non-state-owned oil and gas service company to go public in the U.S. For additional information please visit us at www.recon.cn.
 

Datum Erster Hoch Tief Schluss     Stücke Volumen
  10.12.13      2,48      2,48§2,48 2,48 € 300 744

GrB  

Datum Erster Hoch Tief Schluss     Stücke Volumen
  10.12.13      3,38      3,39§3,30 3,36 $ 29.182 97 T

GrB  

Datum Erster Hoch Tief Schluss     Stücke Volumen
  12.12.13      3,18      3,19§3,01 3,03 $ 62.858 190 T

GrB  

Datum Erster Hoch Tief Schluss     Stücke Volumen
  16.01.14     2,729     2,729§2,729 2,729 € * 28 76
  15.01.14     2,605     2,605§2,605 2,605 € 500 1.303
  14.01.14     2,433     2,433§2,433 2,433 € 160 389
  10.01.14     2,709     2,709§2,518 2,518 € 738 1.999
  08.01.14     2,679     2,679§2,679 2,679 € 1.260 3.376
  06.01.14     2,389     2,468§2,389 2,468 € 360 860

GrB  

Datum Erster Hoch Tief Schluss     Stücke Volumen
  15.01.14      3,43      3,67§3,39 3,61 $ 70.569 249 T
  14.01.14      3,40      3,54§3,3325 3,45 $ 67.454 231 T
  13.01.14      3,59      3,63§3,34 3,37 $ 80.689 277 T
  10.01.14      3,59      3,67§3,55 3,58 $ 36.956 131 T
  09.01.14      3,66      3,76§3,57 3,63 $ 54.309 179 T
  08.01.14      3,58      3,68§3,55 3,65 $ 72.242 256 T
  07.01.14      3,64      3,80§3,50 3,58 $ 181.188 0,65 M
  06.01.14      3,17      3,67§3,17 3,601 $ 325.928 1,12 M
  03.01.14      3,13     3,251§3,10 3,17 $ 67.691 213 T
  02.01.14      3,10      3,16§3,0701 3,13 $ 23.438 72 T

GrB  

Zeit     Kurs Stück
  08:03:23§2,729 € 28
________________
GRATULATION  

SK 3,70  $ SKP +1,93 EK 3,63 $ last shares 200 full 200.314 peak 3,95 buran und MfG und danke und BEI ROT HIER HALTEN  

::::::::::::::: 3,70 $ +1,93% +0,07 $
In Euro: 2,7329 € | Nasdaq, 17.01.14::::::: so wunder wunderschön und hell dieses Tickerlampen Licht ..ergötzen erlaben und Inne halten an solch Anstalten die man Börsenplätze nennt ..Plätze dieser Welt global mit Tickerlicht allwöchentlich mein hübsches Kind Du mein kleiner Kurs Wicht

buran,Das Börsen RECON Rennen
 

Bucheinsicht http://www.ariva.de/recon_technology-aktie/..._and_sales?boerse_id=40 GrB  

Preis pro share 4,44 $ Schleife 200 spread 0,91%

buran und MfG und FUNFAKTOR 1000  

Datum Erster Hoch Tief Schluss     Stücke Volumen
  28.01.14      3,80      5,06§3,80 4,96 $ 1.605.029 7,11 M

GrB  

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