Recon Technology launches USD 100 million at-the-market equity offering program

Pacific Century Securities will act as exclusive sales agent or principal under the issuance sales agreement dated July 28, 2026.

The company said proceeds are earmarked for general corporate purposes, including working capital, capital spending, acquisitions and business development.

The offering size is capped by available shelf capacity or authorized but unissued Class A shares, whichever is lower.

Recon Technology has set up an at-the-market equity offering program to sell up to USD 100 million of its Class A ordinary shares.

Sales may occur from time to time at prevailing market prices, with the timing, volume and pricing set at the company’s discretion.