Recon Technology, Ltd announced a 1-for-200 share consolidation of its Class A Ordinary Shares to increase the per-share trading price and support listing requirements. The consolidation becomes effective on August 18, 2026, with shares beginning to trade on a split-adjusted basis at that time. Every 200 existing shares will combine into one new share, with fractional entitlements rounded up to the next whole share rather than paid out in cash. Following the consolidation, issued and outstanding Class A Ordinary Shares are expected to decrease from approximately 192.6 million to roughly 963,224 shares. The company's authorized Class A share capital will be amended to 15,000,000 shares with a par value of US$0.02 each, while Class B Ordinary Shares remain unchanged at 20,000,000 shares. Recon Technology, Ltd operates in the technology sector.

Recon Technology, Ltd. entered into an At-the-Market Issuance Sales Agreement with Pacific Century Securities, LLC on July 28, 2026, establishing a program to sell up to $100 million of its Class A ordinary shares. The company may issue and sell these shares from time to time through the sales agent at prevailing market prices, subject to terms including a commission of up to 3.5% of gross proceeds. Proceeds are intended for general corporate purposes such as working capital, operating expenses, capital expenditures, and potential acquisitions. This equity issuance capability is facilitated under the company's existing effective shelf registration statement on Form F-3 filed with the SEC in January 2026. Recon Technology operates in the oilfield service industry, providing automated technologies and equipment for petroleum extraction to major Chinese exploration companies.