Recon Technology, Ltd Establishes Strategic Partnership With Changxia Digital Energy Technology Co., Ltd., A China Three Gorges Corporation Affiliate
Portfolio Pulse from Happy Mohamed
Recon Technology, Ltd (NASDAQ:RCON) has announced a strategic partnership with Changxia Digital Energy Technology Co., Ltd., an affiliate of China Three Gorges Corporation. The partnership aims to leverage gas station resources to upgrade them to provide charging and other services to non-oil vehicle owners. The collaboration will focus on several key areas, including PV-to-electric vehicle charging, energy storage, multi-energy microgrids, hydrogen-electric integration, and virtual power plants.
July 03, 2023 | 12:31 pm
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Recon Technology's partnership with Changxia Digital Energy could position the company at the forefront of the clean energy transition in the petroleum and petrochemical industry. This could potentially increase the company's market share and profitability in the long run.
The partnership with Changxia Digital Energy, a leading energy management service company, could enhance Recon Technology's market position and profitability. The collaboration aims to upgrade gas stations to provide charging and other services to non-oil vehicle owners, a growing market segment. This could potentially increase the company's market share and profitability in the long run.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100