RECON Group acquired Listed Company SZSE 002692

2016-11-08 Posted by:admin Categor:News of the group

RECON Sports and Culture Co., Ltd., a subsidiary of RECON Group, acquired listed company SZSE 002692 on Oct.31, 2016, to expand its business in culture related sector. After acquisition, the company becomes a part of RECON’s culture enterprise, developing business related to culture, entertainment and sports integrated with information technology and resources in smart industry of RECON, to promote a more dynamic and healthy life style in a smart age. RECON plans to further develop its culture business sector through mergers and acquisitions in culture and leisure related fields worldwide, completing its industrial chain. At present, RECON Group operates in six business sectors, namely Informatics(IT Infrastructure and Smart City Service), Health(Agriculture and Healthcare), Logistics(Logistics, Clean Energy and Smart Transportation), Culture(Sports, Entertainment and Tourism), Engineering(Engineering and Design), Finance and Capital.