BEIJING, March 3, 2015 /PRNewswire/ — Recon Technology, Ltd. (Nasdaq: RCON) ("Recon" or the "Company"), a leading independent Chinese oilfield services provider to oil and gas companies and their affiliates, today announced release of a 3D demonstration video explaining its major business, which includes digital oilfield products series, furnace series and down hole services.
This video explains the oilfield production process which is the focus of Recon’s business and how Recon’s products help CNPC (China National Petroleum Corporation) and Sinopec (Sinopec Group) to improve the efficiency and productivity in the oil production process.
Mr. Sheping Yin, Chairman and CEO of Recon stated, "Oilfield production is not common knowledge for most people. The biggest obstacle during our communication with investors is that it’s very hard for them to understand where Recon’s products are used and why they are important to oil companies. We briefly explained the technical issues in this video which should help our investors have a general understanding of our industry and our business."
"As promised, we are putting our best efforts forward to build a more comprehensive communication platform with investors. We believe this video will provide a more vivid explanation of Recon’s business to the investors and the public."
You may watch the video here:
Recon Technology, Ltd. is China’s first listed non-state owned oil and gas field service company on Nasdaq (RCON). Recon supplies China’s largest oil exploration companies, Sinopec and CNPC, with advanced automated technologies, efficient gathering and transportation equipment and reservoir stimulation measure for increasing petroleum extraction levels, reducing impurities and lowering production costs. Through the years, RCON has taken leading positions on several segmented markets of the oil and gas filed service industry. RCON also has developed stable long-term cooperation relationship with its major clients, and its products and service are also well accepted by clients. For additional information please visit us at www.recon.cn.
Recon Technology, Ltd.
+86 (10) 84945799
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