Recon Awarded RMB3.97 Mn New Contract to Provide High Efficiency Heating Furnaces Equipment
Recon Technology announced that a mainland China variable interest entity's subsidiary, Huang Hua BHD Petroleum Equipment Manufacturing Co. Ltd. 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.
December 09, 2022. By News Bureau
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In total, HH BHD has generated RMB6.68 million ($0.96 million) in revenue from awarded bids and contracts in the past fiscal quarters.
Pursuant to the recently awarded contract, the equipment HH BHD will supply include insulation devices, automatic alcohol injection device for oil and gas wells and pipelines, large tank extraction skids for processing equipment, splitters and sewage tanks.
HH BHD will also provide repair and maintenance services for heating furnaces at the oil and gas client's oil transmission center. All equipment to be supplied under the contract have a two-year quality guarantee.
Shenping Yin, Founder and CEO of Recon commented: "These contracts affirm our commitment to our customers to continuously provide first-in-class solutions and services they need to outpace their competition and succeed. The enduring usage and high-quality of our products could be applied in various forms, serving a variety of industries that shall help bolster our overall business performance in the coming year."
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