China Petroleum & Chemical

China Petroleum & Chemical Corp. engages in oil and gas and chemical business. The oil and gas business includes exploration, development and production of crude oil and natural gas; pipeline crude oil and natural gas; refining crude oil into petroleum products; and marketing crude oil, natural gas, and refined oil. The chemical business includes the manufacture and marketing of a wide range of industrial chemical products. The company was founded on February 25, 2000 and is headquartered in Beijing, China.

Recon Technology

BEIJING , March 24, 2023 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ: RCON) ("Recon" or the "Company"), a China-based independent solutions integrator in the oilfield service and environmental protection, electric power and coal chemical industries, today announced its financial results for the first six months of fiscal year 2023. First Six Months of Fiscal 2023 Financial Metrics: Total revenue decreased by approximately RMB8.8 million ($1.3 million) or 16.3% to RMB45.6 million ($6.6 million) for the six months ended December 31, 2022 from RMB54.4 million for the same period in 2021.

Recon Technology, Ltd Reports Financial Results for the First Six Months of Fiscal Year 2023

BEIJING , March 2, 2023 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ: RCON) ("Recon" or the "Company"), a China-based independent solutions integrator in the oilfield service and environmental protection, electric power and coal chemical industries, today announced that it has formulated preliminary plans to expand into the plastics chemical recycling business. Recon also attended the 27th China Plastics Recycling Conference and Exhibition held on February 28 at Dongguan City of Guangdong Province to explore cutting-edge technologies that work to achieve circular economy goals in eliminating waste and pollution, keeping products and materials in continuous use, and regenerating natural systems.

Recon Plans to Expand into the Plastics Chemical Recycling Business and Attended the 27th China Plastics Recycling Conference and Exhibition to Explore Cutting-Edge Technologies

BEIJING , Dec. 8, 2022 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ: RCON) ("Recon" or the "Company"), a China-based independent solutions integrator in the oilfield service and environmental protection, electric power and coal chemical industries, today announced that a mainland China variable interest entity's subsidiary, Huang Hua BHD Petroleum Equipment Manufacturing Co. Ltd. ("HH BHD") was awarded a RMB3.97 million ($0.57 million) contract to provide high efficiency heating furnaces equipment for a leading China oil and gas company.

Recon Awarded RMB3.97 Million New Contract to Provide High Efficiency Heating Furnaces Equipment for Leading China Oil and Gas Company

BEIJING , Nov. 30, 2022 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ: RCON) ("Recon" or the "Company"), a China-based independent solutions integrator in the oilfield service and environmental protection, electric power and coal chemical industries, today announced that Nanjing Recon Technology Co. ("Nanjing Recon") has been awarded a RMB6.73 million (approximately USD 0.94 million) two-year contract to provide automation control and instrumentation maintenance services for a gas generation plant operated by a top mainland China's oil and gas company. Pursuant to the contract, Nanjing Recon, a variable interest entity of with contractual ties to a subsidiary of Recon Hengda Technology (Beijing) Co., Ltd.

Recon Awarded RMB6.7 Million Contract to Provide Automation Control and Instrumentation Maintenance Services for China Gas Generation Plant

BEIJING , Nov. 23, 2022 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ: RCON) ("Recon" or the "Company"), a China-based independent solutions integrator in the oilfield service and environmental protection, electric power and coal chemical industries, today announced that Nanjing Recon Technology Co. ("Nanjing Recon") has renewed its "High-Tech Enterprise" status granted by China Jiangsu provincial government. The three-year designation is one of the highest local awards for Chinese technology companies and makes Nanjing Recon eligible for local government incentives such as a lowered income tax rate to 15%.

Nanjing Recon Technology Co. renewed its "High-Tech Enterprise" Statue by China Jiangsu Province

BEIJING , Nov. 14, 2022 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ: RCON) ("Recon" or the "Company") announced today an update to investors and shareholders on questions posed about the state of its business, challenges facing its business, its current state of affairs and its plans for the future in a virtual meeting held on November 10, 2022.  The Company previously issued a press release on November 4, 2022 about the virtual investor call which included a question-and-answer portion for shareholders.

Recon Technology, Ltd Held Virtual Investor Call on Thursday, November 10, 2022

BEIJING, Nov. 10, 2022 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ: RCON) ("Recon" or the "Company") announced today that on November 8, 2022, it received notification from The Nasdaq Stock Market LLC ("NASDAQ") confirming the Company has cured the bid price deficiency, and that the Company is in compliance with all applicable listing standards. The Company's stock will continue to be listed and traded on The Nasdaq Stock Market.

RECON REGAINS COMPLIANCE WITH NASDAQ MINIMUM BID PRICE REQUIREMENT

BEIJING , Nov. 9, 2022 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ: RCON) ("Recon" or the "Company"), a China-based independent solutions integrator in the oilfield service and environmental protection, electric power and coal chemical industries, today announced that its subsidiary Qing Hai BHD New Energy Technology Co Ltd ("Qinghai BHD") has entered into eight-year cooperation agreement with electrical grid peak load leveling service provider Tianjin Anjie IoT Technology Co Ltd ("Tianjin Anjie"). Pursuant to the agreement, Qinghai BHD and Tianjin Anjie will jointly utilize their business strength, service scope, market resources and technical advantages to explore and develop business opportunities in peak load balancing services for power grid projects.

Recon Technology, Ltd Enters into Long-Term Cooperation Agreement with Electrical Grid Peak Load Leveling Service Provider Tianjin Anjie IoT Technology Co Ltd, To Develop Electricity Grid Peak Load Leveling Services

BEIJING , Nov. 4, 2022 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ: RCON) ("Recon" or the "Company"), a China-based independent solutions integrator in the oilfield service and environmental protection, electric power and coal chemical industries, today announced it will host a virtual investor meeting on Thursday, November 10, 2022 from 9:00 am Eastern Time to 9:30 am Eastern Time. Senior management will discuss Recon's business strategies and outlook.

Recon Technology, Ltd to Host Virtual Investor Meeting on Thursday, November 10, 2022

BEIJING , Oct. 28, 2022 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ: RCON) ("Recon" or the "Company"), a China-based independent solutions integrator in the oilfield service and environmental protection, electric power and coal chemical industries, today announced its financial results for fiscal year 2022. Fiscal Year Ended June 30, 2022 Financial Highlight: Total revenue increased by approximately RMB35.9 million ($5.3 million) or 74.8% to RMB83.8 million ($12.5 million) for the year ended June 30, 2022 from RMB47.9 million for the same period in 2021.

Recon Technology, Ltd Reports Financial Year Results for Fiscal Year 2022

BEIJING , Oct. 25, 2022 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ: RCON) ("Recon" or the "Company") today announced that Nanjing Recon Technology Co. has entered into a 2-year outsourced service agreement with a domestic customer to provide maintenance and overhaul services in an amount totaling approximately RMB3.2 million. Nanjing Recon Technology Co. is a variable interest entity of Hengda Technology (Beijing) Co., Ltd.

Recon Announces a RMB3.2 Million, 2-Year Service Agreement

BEIJING , Sept. 12, 2022 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ: RCON) ("Recon" or the "Company") today announced that Future Gas Station (Beijing) Technology Ltd.

FGS and G7 launch new commercial logistics vehicles fuel solutions that combine operational efficiency and carbon neutrality

Higher oil and natural gas production, and commodity prices aid Sinopec's (SNP) 1H earnings.

Sinopec (SNP) Records Profit in 1H22 on Higher Production

BEIJING, CHINA / ACCESSWIRE / August 28, 2022 / China Petroleum & Chemical Corporation ("Sinopec Corp." or the "Company") (HKEX: 386; SSE: 600028; NYSE:SNP) today announced its interim results for the six months ended 30 June 2022. Financial Highlights In accordance with IFRS, the Company's turnover and other operating revenues in the first half of 2022 were RMB 1.61 trillion, up by 27.9% year on year.

RETRANSMISSION: Sinopec 2022 Interim Profit Reached Record High Level H-Shares Annualized Dividend Yield Exceeding 10% Coupled with Shares Repurchase Plan

BEIJING, CHINA / ACCESSWIRE / August 28, 2022 / China Petroleum & Chemical Corporation ("Sinopec Corp." or the "Company") (HKEX: 386; SSE: 600028; NYSE: SNP) today announced its interim results for the six months ended 30 June 2022. Financial Highlights In accordance with IFRS, the Company's turnover and other operating revenues in the first half of 2022 were RMB 1.61 trillion, up by 27.9% year on year.

Sinopec 2022 Interim Profit Reached Record High Level H-Shares Annualized Dividend Yield Exceeding 10% Coupled with Shares Repurchase Plan

China Petroleum and Chemical Corp, or Sinopec Corp, reported interim net income surged 10.4% to a record 43.53 billion yuan ($6.33 billion), thanks to strong oil and gas prices despite weakened domestic fuel sales.

Sinopec's interim profit soars on stronger oil, gas prices

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Multiple Chinese companies have announced plans to delist from the New York Stock Exchange.

Five Of China's Largest State-Owned Firms Reveal Plans To Delist From NYSE

NEW YORK, NY / ACCESSWIRE / August 12, 2022 / China Petroleum & Chemical Corporation ("Sinopec Corp." or the "Company") (NYSE:SNP)(HKEX:00386)(SSE:600028) announced today that the Company has notified the New York Stock Exchange ("NYSE") on August 12, 2022 (Eastern Time in the U.S., the same hereinafter) that it will apply for the voluntary delisting of its American depositary shares ("ADSs") from the NYSE under the U.S. Securities Exchange Act of 1934, as amended (the "Exchange Act"). The board of directors of the Company approved the delisting of its ADSs from NYSE as well as the application for the deregistration of such ADSs and the underlying H Shares, where such application is subject to the Company satisfying the relevant requirements of the Exchange Act and depends on the relevant actual circumstances in the future.

China Petroleum & Chemical Corporation Announces Intention to Delist American Depositary Shares from the New York Stock Exchange

Sinopec is one of the largest energy companies in the world trading at a discounted valuation. There are many risks to Sinopec that justifies its cheap valuation.

Sinopec: Cheap For A Reason

BEIJING , July 20, 2022 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ: RCON) ("Recon" or the "Company") announced today an update to investors and shareholders on the current state of its business, challenges facing its business, its current state of affairs and its plans for the future. Management views this update as a step toward enhancing regular communications with shareholders and investors.

RECON ISSUES SHAREHOLDER UPDATE

Sinopec (SNP) achieves a daily production capacity of 530,000 cubic meters of shale gas in its Xinye-1 discovery well.

Sinopec (SNP) Makes Major Shale Gas Discovery in Xinye Well-1

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does China Petro&Chm (SNP) have what it takes?

China Petro&Chm (SNP) is a Top Dividend Stock Right Now: Should You Buy?

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Higher oil and natural gas production and commodity prices aid Sinopec's (SNP) Q1 earnings.

News for China Petroleum & Chemical Stock (SNP)