[SUBJECT TO COMPLETION, DATED JUNE 10, 2009 RECON TECHNOLOGY, LTD 1,166,667 Ordinary Share Minimum Offering 1,700,000 Ordinary Share Maximum Offering This is the initial public offering of Recon Technology, Ltd, a Cayman Islands exempted company. We are offering a minimum of 1,166,667 ordinary shares and a maximum of 1,700,000 ordinary shares. Our officers and directors may, but have made no] [Operating Agreement This Operating Agreement (hereinafter referred to as this “Agreement”) is entered into among the following parties in Beijing as of May 29, 2009: Party A: Recon Technology (Jining) Co., Ltd. Address: Room 320, 3 rd Building, Chuang Yi Mansion, Torch Industrial Garden, Jining City, Shandong Province, PRC 272100 Party B: Nanjing Recon Technology Co., Ltd. Address: Room 1401] [Operating Agreement This Operating Agreement (hereinafter referred to as this “Agreement”) is entered into among the following parties in Beijing as of May 29, 2009: Party A: Recon Technology (Jining) Co., Ltd. Address: Room 320, 3 rd Building, Chuang Yi Mansion, Torch Industrial Garden, Jining City, Shandong Province, PRC 272100 Party B: Jining ENI Energy Technology Co., Ltd. Address: Torch] [Operating Agreement This Operating Agreement (hereinafter referred to as this “Agreement”) is entered into among the following parties in Beijing as of May 29, 2009: Party A: Recon Technology (Jining) Co., Ltd. Address: Room 320, 3 rd Building, Chuang Yi Mansion, Torch Industrial Garden, Jining City, Shandong Province, PRC 272100 Party B: Beijing BHD Petroleum Technology Co., Ltd. Address: Jinglongguoji] [ANSEN ARNETT AXWELL P C H A Professional Corporation CERTIFIED PUBLIC ACCOUNTANTS 5 Triad Center, Suite 750 Salt Lake City, UT 84180-1128 Phone: (801) 532-2200 Fax: (801) 532-7944 www.hbmcpas.com Registered with the Public Company Accounting Oversight Board A Member of the Forum of Firms CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Board of Directors Recon Technology, Ltd. As] [RECON TECHNOLOGY, LTD 2009 STOCK INCENTIVE PLAN Purpose and Effective Date 1. (a) The purpose of the RECON Technology, Ltd 2009 Stock Incentive Plan (the “Plan”) is to further the long term stability and financial success of RECON Technology, Ltd (the “Company”) by attracting and retaining personnel, including employees, non-employee directors, and consultants, through the use of stock incentives. It] [RECON TECHNOLOGY, LTD CODE OF BUSINESS CONDUCT AND ETHICS This Code of Business Conduct and Ethics covers a wide range of business practices and procedures. It does not cover every issue that may arise, but it sets out basic principles to guide the employees of Recon Technology, Ltd and its subsidiaries (the “Company”). All of our employees must conduct themselves]

[CALCULATION OF REGISTRATION FEE Title of Each Class of Securities to be Registered Proposed Maximum Amount of Ordinary Shares (1) $10,200,000 (2) $570 (3) $1,224,170 (2) $69 Total $11,424,170 (4) $639 (1) (2) (3) (4) Previously paid. SUBJECT TO COMPLETION, DATED , 2009 RECON TECHNOLOGY, LTD 1,166,667 Ordinary Share Minimum Offering 1,700,000 Ordinary Share Maximum Offering This is the initial] [RECON TECHNOLOGY, LTD (a Cayman Islands exempted company) Minimum Offering: Maximum Offering: ($ PLACEMENT AGREEMENT Anderson & Strudwick, Incorporated 707 East Main Street, 20 th Floor Richmond, Virginia 23219 Ladies and Gentlemen: Introduction 1. 2. Registration Statement and Prospectus (a) (b) A registration statement on Form 8-A (File No. Adequacy of Disclosure (c) 2 No Stop Order (d) Company; Organization] [THE COMPANIES LAW (2007 REVISION) OF THE CAYMAN ISLANDS COMPANY LIMITED BY SHARES ARTICLES OF ASSOCIATION Adopted by Special Resolution dated the 21st day of April, 2009 OF RECON TECHNOLOGY, LTD 1. In these Articles Table A in the Schedule to the Statute does not apply and, unless there is something in the subject or context inconsistent therewith, “Articles” means] [THE COMPANIES LAW (2007 REVISION) OF THE CAYMAN ISLANDS COMPANY LIMITED BY SHARES AMENDED AND RESTATED MEMORANDUM OF ASSOCIATION OF RECON TECHNOLOGY, LTD 1. Recon Technology, Ltd. The name of the Company is 2. The Registered Office of the Company shall be at the offices of Corporate Filing Services Limited, 4 th Floor, Harbour Centre, P. O. Box 613, Grand] [MAKE GOOD ESCROW AGREEMENT THIS MAKE GOOD ESCROW AGREEMENT WHEREAS WHEREAS WHEREAS WHEREAS NOW, THEREFORE 1. Appointment of Escrow Agent. 2. Establishment of Escrow. 3. Representations of Make Good Pledgors. a. All of the Escrow Shares are validly issued, fully paid and nonassessable shares of the Company, and free and clear of all pledges, liens and encumbrances. 4. Disbursement of] [ANSEN ARNETT AXWELL H A Professional Corporation CERTIFIED PUBLIC ACCOUNTANTS 5 Triad Center, Suite 750 Salt Lake City, UT 84180-1128 Phone: (801) 532-2200 Fax: (801) 532-7944 www.hbmcpas.com Registered with the Public Company Accounting Oversight Board A Member of the Forum of Firms CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Board of Directors Recon Technology, Ltd. As an independent] []