U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the month of February 2019
Commission File Number: 001-34409
RECON TECHNOLOGY, LTD
Room 1902, Building C, King Long International Mansion
No. 9 Fulin Road
Beijing, 100107
People’s Republic of China
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F x | Form 40-F ¨ |
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):¨
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):¨
EXPLANATORY NOTE
To manage its operation more efficiently, the Registrant’s board of directors approved transferring the Registrant’s variable interest entities (“VIEs”), Nanjing Recon Technology Co., Ltd. and Beijing BHD Petroleum Technology Co., Ltd., and VIE-controlled companies from Jining Recon Technology Ltd. (“Recon JN”) to Recon Hengda Technology (Beijing) Co., Ltd. (“Recon BJ”). Both Recon JN and Recon BJ are the Registrant’s wholly owned subsidiaries in China.
The Registrant has started VIE transfer process and the liquidation process of Recon JN. At the completion of the transfer, the Registrant plans to officially dissolve Recon JN at the end of February 2019. The Registrant does not expect any negative impact of this process on its operation.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
RECON TECHNOLOGY, LTD | |||
February 21, 2019 | By: | /s/ Shenping Yin | |
Shenping Yin | |||
Chief Executive Officer | |||
(Principal Executive Officer) and | |||
Duly Authorized Officer |