Brief: Recon Issues Shareholder Update

Recon Technology

20/07/2022 14:19

July 20 (Reuters) - Recon Technology Ltd  RCON.O :
    * RECON ISSUES SHAREHOLDER UPDATE
    * RECON TECHNOLOGY - PANDEMIC HAS DIRECTLY AFFECTED CO'S
EXECUTION
OF CORPORATE STRATEGIES, CONTRACTS, COMMUNICATION PLANS,APPROACH
TO CAPITAL MARKETS
    * RECON TECHNOLOGY LTD - EXPECTS TO ACHIEVE AN AVERAGE
ANNUAL
GROWTH RATE OF 30% IN NEXT THREE FISCAL YEARS
    * RECON TECHNOLOGY LTD - EXPECTED THAT OUR BUSINESS WILL
CONTINUE
TO GROW IN FISCAL 2023
    * RECON TECHNOLOGY LTD - MANAGEMENT DOES NOT BELIEVE THAT A
SHARE
CONSOLIDATION OR A BUYBACK IS BEST STRATEGIC CHOICE FOR COMPANY
RIGHT NOW

Source text for Eikon:  ID:nPn6svx2Ba 
Further company coverage:  RCON.O 

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