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Company Description (as filed with the SEC)
We are a provider of hardware, software, and on-site services to companies in the petroleum mining and extraction industry in China (“PRC”). We provide services designed to automate and enhance the extraction of petroleum through Beijing BHD Petroleum Technology Co., Ltd. (“BHD”) and Nanjing Recon Technology Co., Ltd. (“Nanjing Recon”), which are controlled by our indirect wholly owned subsidiary Recon Technology (Jining) Co., Ltd through certain contractual arrangements. We refer to BHD and Nanjing Recon collectively as the “Domestic Companies” in this report. Through our contractual arrangements with the Domestic Companies, we provide equipment, tools, other hardware related to oilfield production and management, onsite services, and develop and sell our own specialized industrial automation control and information solutions. However, we do not engage in the production of petroleum or petroleum products. ... More ...