Recon Technology Ltd. shareholders approved a special resolution authorizing the company to carry out one or more reverse share splits (share consolidations) of its Class A ordinary shares, at an aggregate ratio of up to 1-for-8,000. The board has discretion to set the timing and exact ratio(s) within two years of the annual meeting, and shareholders also approved rounding up any fractional shares to the next whole share in connection with any consolidation.

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