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Recon Technology Reports $637.5K Toxic Gas Alarm System Maintenance Contract With China National Petroleum's Yunnan Petrochemical Co.


Benzinga | Aug 23, 2021 08:32AM EDT

Recon Technology Reports $637.5K Toxic Gas Alarm System Maintenance Contract With China National Petroleum's Yunnan Petrochemical Co.

Recon Technology Limited (NASDAQ:RCON) ("Recon" or the "Company") today announced that through its subsidiary Nanjing Recon Technology Co., Ltd., the Company has won a maintenance contract for a combustible toxic gas alarm system (the "Contract") from China National Petroleum Corporation Yunnan Petrochemical Company Limited ("CNPC Yunnan Petrochemical") . The total contract amount is RMB 4.08 million (approximately US$ 637,500) and the term is four years.

According to the Contract, Recon will be responsible for the inspection, maintenance and troubleshooting of more than 3,000 instruments and meters of the flammable and toxic gas alarm system of the whole plant of CNPC Yunnan Petrochemical to ensure that the production units of the whole plant are in good condition and the production work is safe, environmentally friendly and stable in continuous operation.

CNPC Yunnan Petrochemical is the first mega refining enterprise in southwest China, jointly invested by China National Petroleum Corporation ("CNPC"), YunTianHua Group and Saudi Aramco.






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