Nanjing Recon Technology Co. renewed its "High-Tech Enterprise" Statue by China Jiangsu Province

BEIJING, Nov. 23, 2022 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ: RCON) ("Recon" or the "Company"), a China-based independent solutions integrator in the oilfield service and environmental protection, electric power and coal chemical industries, today announced that Nanjing Recon Technology Co. ("Nanjing Recon") has renewed its "High-Tech Enterprise" status granted by China Jiangsu provincial government. The three-year designation is one of the highest local awards for Chinese technology companies and makes Nanjing Recon eligible for local government incentives such as a lowered income tax rate to 15%.

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