Recon Technology announced that a mainland China variable interest entity’s subsidiary, Beijing BHD Petroleum Technology Co., Ltd. was awarded a new $0.19M contract to provide gas flares for oil and gas fields operated by a leading China oil and gas company in the Northwestern Qinghai province. In total, Beijing BHD has generated $1.22M in revenue from awarded bids and contracts for heating furnaces and related accessories since July 2022.
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