NEW YORK, March 4, 2020 /PRNewswire/ -- Recon Technology,
Ltd. (NASDAQ: RCON) ("Recon" or the "Company") today announces that
the Company's subsidiary, Future Gas Station (Beijing) Technology, Ltd ("FGS") is
cooperating with the Zhejiang
subsidiary of The China National Petroleum Corporation ("CNPC
Zhejiang") to provide special discounts to medical staff registered
in Zhejiang Province when they
refuel at CNPC Zhejiang gas stations through DT Refuel mobile
application developed by FGS till the end of 2020. Zhejiang medical staff who go to Hubei province, the epicenter of the epidemic,
to provide medical support during the coronavirus disease 2019
("COVID-19") outbreak can enjoy a 20% discount of gasoline, and
other Zhejiang doctors and nurses
can enjoy a 5% discount. Zhejiang
medical staff can also enjoy some other discounts for selected
items available in CNPC Zhejiang's chain stores through DT
Refuel.
According to Bureau of Statistics of Zhejiang Province, as of the end of 2018,
there were 191,000 licensed physicians and 202,000 registered
nurses in Zhejiang. FGS is
responsible for verifying the identity and qualification documents
submitted by the medical staff through DT Refuel.
"This is our way to show respect to the medical staff and to say
thank you for their contributions to fight COVID-19. We help CNPC
Zhejiang launch this promotion within a very short time to better
serve their customers. As of today, more than 4,000 Zhejiang medical staff and their family member
have registered at DT Refuel and benefited from this promotion
since last week," said Mr. Yang
Song, the founder of FGS.
"In addition, during the COVID-19 outbreak, our solution of
drive-through provides a safe choice for general public to refuel
without leaving their cars to reduce the risk of getting infection.
We're glad our technology and platform bring a real convenience to
the society."
"We take enterprise social responsibility very seriously. This
promotion is a part of our environmental, social and governance
(ESG) activities," said Mr. Shenping
Yin, co-founder and CEO of Recon. "We will continue to
devote and invest in ESG activities."
About Future Gas Station (Beijing) Technology, Ltd.
Established in January 2016,
Future Gas Station (Beijing)
Technology is a service company focusing on providing new technical
Applications and data operations to gas stations. It also provides
solutions to gas stations to improve their operations and their
customers' experience. FGS aims to increase the overall income of
gas stations through the integration of internet technique and New
Retail E-Commerce platform and to help transform gas stations into
comprehensive service providers.
About Recon Technology, Ltd.
Recon Technology, Ltd. (RCON) is China's first non-state-owned oil and gas
field service company listed on NASDAQ. Recon supplies China's largest oil exploration companies with
advanced automated technologies, efficient gathering and
transportation equipment and reservoir stimulation measures for
increasing petroleum extraction levels, reducing impurities and
lowering production costs. Since 2017, the Company has expanded its
business operations into other segments of the broader energy
industry including electric power, coal chemicals, renewable energy
and environmental protection in the energy and chemical industries.
Through the years, Recon has taken leading positions on several
market segments of the oil and gas field service industry. Recon
also has developed stable long-term cooperation relationships with
its major clients, and its products and service are well accepted
by clients. For additional information please visit:
www.recon.cn.
Safe Harbor Statement
This news release contains forward-looking statements as defined
by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include statements concerning plans,
objectives, goals, strategies, future events or performance, and
underlying assumptions and other statements that are other than
statements of historical facts. These statements are subject to
uncertainties and risks including, but not limited to, product and
service demand and acceptance, changes in technology, economic
conditions, the impact of competition and pricing, government
regulation, the effect of novel coronavirus and other health
matters on target markets, and other risks contained in reports
filed by the company with the Securities and Exchange Commission.
All such forward-looking statements, whether written or oral, and
whether made by or on behalf of the company, are expressly
qualified by the cautionary statements and any other cautionary
statements which may accompany the forward-looking statements. In
addition, the company disclaims any obligation to update any
forward-looking statements to reflect events or circumstances after
the date hereof.
IR contact:
In China:
Ms. Jia Liu
Recon Technology, Ltd.
Phone: +86 (10) 8494-5799
Email: info@recon.cn
View original
content:http://www.prnewswire.com/news-releases/recon-technology-ltd-announces-fgs-to-cooperate-with-cnpc-zhejiang-to-provide-preferential-and-convenient-service-to-medical-staff-301016140.html
SOURCE Recon Technology, Ltd.