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Recon Technology ( (RCON) ) has issued an announcement.
On December 30, 2025, Recon Technology filed a Form 6-K to furnish its proxy materials for the annual general meeting of shareholders for the fiscal year ended June 30, 2025, which will be held at its Beijing headquarters on February 13, 2026. Shareholders of record as of December 29, 2025 will vote on the appointment of two Class I directors whose terms would run to the AGM following the 2028 fiscal year, ratification of Enrome LLP as independent auditor for the year ending June 30, 2026, a substantial increase in authorized share capital for both Class A and Class B ordinary shares, and broad authority for the board to execute one or more reverse share splits of Class A shares at ratios up to 1-for-8,000 over the next two years, including related adjustments to fractional shares and authorized capital. The proposals would significantly expand Recon’s capacity to issue new equity and give directors wide discretion to undertake share consolidations, potentially affecting capital structure, future financing flexibility, and the voting power and economic interests of existing shareholders.
The most recent analyst rating on (RCON) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on Recon Technology stock, see the RCON Stock Forecast page.
Spark’s Take on RCON Stock
According to Spark, TipRanks’ AI Analyst, RCON is a Neutral.
Recon Technology’s overall stock score is primarily impacted by its financial performance and valuation. The company faces significant profitability challenges, with negative earnings and cash flow issues. Technical analysis shows bearish trends, further weighing on the stock’s attractiveness. The lack of earnings call data and corporate events means these factors do not influence the score.
To see Spark’s full report on RCON stock, click here.
More about Recon Technology
Recon Technology, Ltd. is a Cayman Islands–incorporated company listed on Nasdaq under the symbol RCON, with principal executive offices in Beijing, China. The company is a foreign private issuer that files annual reports on Form 20-F and maintains a dual-class share structure with Class A and higher-vote Class B ordinary shares.
Average Trading Volume: 20,576
Technical Sentiment Signal: Strong Sell
Current Market Cap: $16.02M
Learn more about RCON stock on TipRanks’ Stock Analysis page.