<SEC-DOCUMENT>0001104659-25-012128.txt : 20250212
<SEC-HEADER>0001104659-25-012128.hdr.sgml : 20250212
<ACCEPTANCE-DATETIME>20250212153055
ACCESSION NUMBER:		0001104659-25-012128
CONFORMED SUBMISSION TYPE:	S-8
PUBLIC DOCUMENT COUNT:		6
FILED AS OF DATE:		20250212
DATE AS OF CHANGE:		20250212
EFFECTIVENESS DATE:		20250212

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Recon Technology, Ltd
		CENTRAL INDEX KEY:			0001442620
		STANDARD INDUSTRIAL CLASSIFICATION:	OIL, GAS FIELD SERVICES, NBC [1389]
		ORGANIZATION NAME:           	01 Energy & Transportation
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		S-8
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-284867
		FILM NUMBER:		25614501

	BUSINESS ADDRESS:	
		STREET 1:		ROOM 601, 1 SHUI'AN SOUTH STREET
		STREET 2:		CHAOYANG DISTRICT
		CITY:			BEIJING
		STATE:			F4
		ZIP:			100012
		BUSINESS PHONE:		86 10 8494-5799

	MAIL ADDRESS:	
		STREET 1:		ROOM 601, 1 SHUI'AN SOUTH STREET
		STREET 2:		CHAOYANG DISTRICT
		CITY:			BEIJING
		STATE:			F4
		ZIP:			100012
</SEC-HEADER>
<DOCUMENT>
<TYPE>S-8
<SEQUENCE>1
<FILENAME>tm254059d1_s8.htm
<DESCRIPTION>FORM S-8
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>As filed with the Securities and Exchange Commission
on <FONT STYLE="font-family: Times New Roman, Times, Serif">February</FONT> 12, 2025</B></P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Registration&nbsp;No.&nbsp;333-______</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 0; margin-bottom: 0; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 2pt solid; border-bottom: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>FORM&nbsp;S-8</B></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>REGISTRATION STATEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><I>UNDER</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><I>THE SECURITIES ACT OF 1933</I></B></P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><I>&nbsp;</I></B></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>RECON TECHNOLOGY,&nbsp;LTD</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(Exact name of Registrant as specified in its
charter)</B></P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 50%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt"><B>Cayman Islands</B></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt"><B>Not Applicable</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt"><B>(State or other jurisdiction of<BR>
    incorporation or organization)</B></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt"><B>(I.R.S. Employer<BR>
    Identification Number)</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Room 601, No. 1 Shui&rsquo;an South Street</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Chaoyang District, Beijing, 100012</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>People&rsquo;s Republic of China</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(Address and telephone number of Registrant&rsquo;s
principal executive offices)</B></P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Recon Technology Ltd 2024 Equity Incentive
Plan</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Recon Technology Ltd 2015 Equity Incentive
Plan</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(Full title of the plans)</B></P>
<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>CT Corporation System</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>28 Liberty St.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>New York, NY 10005</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>+1-212-894-8940 &mdash; telephone</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(Name, address and telephone number of agent
for service)</B></P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><I>Copies to:</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Anthony W. Basch, Esq.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Benming Zhang, Esq.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Kaufman &amp; Canoles, P.C.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Two James Center, 14th Floor</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>1021 East Cary Street</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Richmond, VA 23219</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>+1-804-771-5700 &mdash; telephone</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>+1-888-360-9092 &mdash; facsimile</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Indicate by check mark whether the registrant is a large accelerated
filer, an accelerated filer, a&nbsp;non-accelerated&nbsp;filer, a smaller reporting company or an emerging growth company. See the definitions
of &ldquo;large accelerated filer,&rdquo; &ldquo;accelerated filer,&rdquo; &ldquo;smaller reporting company,&rdquo; and &ldquo;emerging
growth company&rdquo; in Rule&nbsp;12b-2&nbsp;of the Exchange Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 12pt; text-indent: -12pt; width: 15%"><FONT STYLE="font-size: 10pt">Large&nbsp;accelerated&nbsp;filer</FONT></TD>
    <TD STYLE="padding-left: 12pt; text-indent: -12pt; width: 65%"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&#168;</FONT></TD>
    <TD STYLE="padding-left: 12pt; text-indent: -12pt; width: 15%"><FONT STYLE="font-size: 10pt">Accelerated filer</FONT></TD>
    <TD STYLE="padding-left: 12pt; text-indent: -12pt; width: 5%"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&#168;</FONT></TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 12pt; text-indent: -12pt"><FONT STYLE="font-size: 10pt">Non-accelerated&nbsp;filer</FONT></TD>
    <TD STYLE="padding-left: 12pt; text-indent: -12pt"><FONT STYLE="font-family: Wingdings; font-size: 10pt; background-color: white">&#120;</FONT></TD>
    <TD STYLE="padding-left: 12pt; text-indent: -12pt"><FONT STYLE="font-size: 10pt">Smaller&nbsp;reporting&nbsp;company</FONT></TD>
    <TD STYLE="padding-left: 12pt; text-indent: -12pt"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&#168;</FONT></TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-left: 12pt; text-indent: -12pt"><FONT STYLE="font-size: 10pt">Emerging&nbsp;growth&nbsp;company</FONT></TD>
    <TD STYLE="padding-left: 12pt; text-indent: -12pt"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&#168;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If an emerging growth company, indicate by check mark if the registrant
has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant
to Section&nbsp;7(a)(2)(B)&nbsp;of the Securities Act.&nbsp;<FONT STYLE="font-family: Wingdings">&#168;</FONT></P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 0; margin-bottom: 0; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; border-bottom: Black 2pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>


<!-- Field: Page; Sequence: 1; Options: NewSection -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>EXPLANATORY NOTE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">This Registration Statement is being filed by
the Registrant in accordance with the requirements of Form&nbsp;S-8 under the Securities Act of 1933, as amended (the &ldquo;Securities
Act&rdquo;), in order to register its Ordinary Shares of the Registrant, par value US$0.0001 per share, issuable pursuant to the 2024
Equity Incentive Plan (the &ldquo;2024 Plan&rdquo;) adopted by the Board of Directors and approved by the shareholders of the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Additionally, pursuant to General Instruction
E to Form S-8 under the Securities Act, this Registration Statement is filed by the Registrant for the purpose of registering 494,322
additional Ordinary Shares, par value $0.0001 per share, under the 2015 Equity Incentive Plan (the &ldquo;2015 Plan&rdquo;). The additional
Ordinary Shares are being registered for the remaining issuable Ordinary Shares pursuant to the 2015 Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The additional Ordinary Shares issuable under
the 2015 Plan pursuant to this Registration Statement are of the same class of securities as the 26,400&nbsp;Ordinary Shares, on
post reverse splits bases occurring in 2019 and 2024, registered for issuance under the 2015 Plan pursuant to currently effective Registration
Statement on <A HREF="http://www.sec.gov/Archives/edgar/data/1442620/000114420416123766/v448736_s-8.htm" STYLE="-sec-extract: exhibit">Form
S-8</A> (Registration No. 333-213617) filed on September 13, 2016. The information contained in the Company&rsquo;s Registration Statements
on Form S-8 (Registration No. 333-213617) is hereby incorporated by reference pursuant to General Instruction E.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;&nbsp;</P>


<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Part&nbsp;I</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>INFORMATION REQUIRED IN THE SECTION&nbsp;10(a)&nbsp;PROSPECTUS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 3%"><FONT STYLE="font-size: 10pt">Item&nbsp;1.</FONT></TD>
    <TD STYLE="vertical-align: top; width: 97%"><FONT STYLE="font-size: 10pt"><B>Plan Information<SUP>*</SUP></B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 3%"><FONT STYLE="font-size: 10pt">Item&nbsp;2.</FONT></TD>
    <TD STYLE="vertical-align: top; width: 97%"><FONT STYLE="font-size: 10pt"><B>Registrant Information and Employee Plan Annual Information<SUP>*</SUP></B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 2%; text-align: justify"><FONT STYLE="font-size: 10pt"><SUP>*</SUP>&nbsp;</FONT></TD>
    <TD STYLE="width: 98%; text-align: justify"><FONT STYLE="font-size: 10pt">Information required by Part&nbsp;I to be contained in
    the Section&nbsp;10(a)&nbsp;prospectus is omitted from this Registration Statement in accordance with Rule&nbsp;428 under the Securities
    Act, and the &ldquo;Note&rdquo; to Part&nbsp;I of Form&nbsp;S-8.&nbsp;The documents containing information specified in this Part&nbsp;I
    will be separately provided to the participants covered by the Plan, as specified by Rule&nbsp;428(b)(1)&nbsp;under the Securities
    Act.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 3 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Part&nbsp;II</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px"><FONT STYLE="font-size: 10pt">Item&nbsp;3.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><B>Incorporation of Documents by Reference.</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The following documents filed
with the Securities and Exchange Commission (the &ldquo;Commission&rdquo;) are incorporated by reference as of their respective dates
in this Registration Statement:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.25in">(a)&nbsp;&nbsp;&nbsp;&nbsp;The
Registrant&rsquo;s latest <A HREF="https://www.sec.gov/ix?doc=/Archives/edgar/data/1442620/000141057824001721/rcon-20240630x20f.htm">annual
report on Form&nbsp;20-F for the year ended June 30, 2024 filed with the SEC on October 30, 2024</A> (File No.&nbsp;001-34409) under
the Securities Exchange Act of 1934, as amended (the &ldquo;Exchange Act&rdquo;);&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.25in">(b)&nbsp;&nbsp;&nbsp;&nbsp;The
Registrant&rsquo;s current reports on Form&nbsp;6-K&nbsp;furnished to the Commission on <A HREF="https://www.sec.gov/Archives/edgar/data/1442620/000110465923126208/tm2332955d1_6k.htm">December
15, 2023</A>, <A HREF="https://www.sec.gov/Archives/edgar/data/1442620/000110465924010657/tm245210d1_6k.htm">February 5, 2024</A>, <A HREF="https://www.sec.gov/Archives/edgar/data/1442620/000110465924019908/tm245992d1_6k.htm">February
13, 2024</A>, <A HREF="https://www.sec.gov/Archives/edgar/data/1442620/000110465924042553/tm2410485d1_6k.htm">April 2, 2024</A>, <A HREF="https://www.sec.gov/Archives/edgar/data/1442620/000110465924051998/tm2412675d1_6k.htm">April
25, 2024</A>, <A HREF="https://www.sec.gov/Archives/edgar/data/1442620/000110465924054080/tm2412984d1_6k.htm">April 29, 2024</A>, <A HREF="https://www.sec.gov/Archives/edgar/data/1442620/000110465924064554/tm2415398d1_6k.htm">May
23, 2024</A>, and <A HREF="https://www.sec.gov/ix?doc=/Archives/edgar/data/1442620/000141057824001063/rcon-20231231x6k.htm">June 28,
2024</A>, respectively; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.25in">(c)&nbsp;&nbsp;&nbsp;&nbsp;The
description of the Registrant&rsquo;s Class&nbsp;A Ordinary Shares incorporated by reference in the Registrant&rsquo;s registration statement
on&nbsp;<A HREF="https://www.sec.gov/Archives/edgar/data/1442620/000110465921080428/tm2119519d2_8a12ba.htm">Form 8-A/A filed with the
Commission on June 14, 2021</A>, including any amendment and report subsequently filed for the purpose of updating that description.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">In addition, this Registration
Statement will incorporate by reference all other documents subsequently filed by the Registrant under Section&nbsp;13(a), 13(c), 14
and 15(d)&nbsp;of the Exchange Act prior to the filing of a post-effective amendment to this Registration Statement indicating that all
securities offered have been sold or deregistering all securities then remaining unsold. All those documents will be considered a part
of this Registration Statement from the respective dates the Registrant files them. Any statement in a document incorporated or deemed
to be incorporated by reference in this Registration Statement will be deemed to be modified or superseded to the extent that a statement
contained in this Registration Statement or in any other later filed document that also is or is deemed to be incorporated by reference
modifies or supersedes the statement. Any statement modified or superseded will not be deemed, except as modified or superseded, to be
a part of this Registration Statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px"><FONT STYLE="font-size: 10pt">Item&nbsp;4.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><B>Description of Securities.</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Not applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px"><FONT STYLE="font-size: 10pt">Item&nbsp;5.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><B>Interests of Named Experts and Counsel.</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Not applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px"><FONT STYLE="font-size: 10pt">Item&nbsp;6.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><B>Indemnification of Directors and Officers.</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Cayman Islands law does not
limit the extent to which a company&rsquo;s Articles of Association may provide for indemnification of officers and directors, except
to the extent any such provision may be held by the Cayman Islands courts to be contrary to public policy, such as to provide indemnification
against civil fraud or the consequences of committing a crime. Under the Fourth Amended and Restated Memorandum and Articles of Association
of the Registrant, the Registrant may indemnify its directors, officers, and their heirs, executors, administrators and personal representatives
against all actions, proceedings costs, charges, losses, damages and expenses which they incur or sustain by reason of any act done or
omitted in the course of their duty. To be entitled to indemnification, these persons must have acted honestly and in good faith with
a view to the best interest of the Registrant, without fraud, willful neglect or default and, in the case of criminal proceedings, they
must have had no reasonable cause to believe their conduct was unlawful.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Insofar as indemnification
for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers or persons controlling the Registrant
pursuant to the foregoing provisions, the Registrant has been informed that in the opinion of the SEC such indemnification is against
public policy as expressed in the Securities Act and is therefore unenforceable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 4 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px"><FONT STYLE="font-size: 10pt">Item&nbsp;7.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><B>Exemption from Registration Claimed.</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Not applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px"><FONT STYLE="font-size: 10pt">Item&nbsp;8.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><B>Exhibits.</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">See Exhibit&nbsp;Index.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px"><FONT STYLE="font-size: 10pt">Item&nbsp;9.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt"><B>Undertakings.</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px">&nbsp;</TD>
    <TD STYLE="width: 24px; text-align: justify"><FONT STYLE="font-size: 10pt">(a)</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">The undersigned Registrant hereby undertakes:</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">(1)&nbsp;To file, during any period
in which offers or sales are being made, a post-effective amendment to this Registration Statement:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 0.5in; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 0.25in; text-align: justify"><FONT STYLE="font-size: 10pt">(i)</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: justify"><FONT STYLE="font-size: 10pt">To include any prospectus required by section
    10(a)(3)&nbsp;of the Securities Act;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 0.5in; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 0.25in; text-align: justify"><FONT STYLE="font-size: 10pt">(ii)</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: justify"><FONT STYLE="font-size: 10pt">To reflect in the prospectus any facts or events
    arising after the effective date of this Registration Statement (or the most recent post-effective amendment thereof) which, individually
    or in the aggregate, represent a fundamental change in the information set forth in this Registration Statement; and</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 0.5in; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 0.25in; text-align: justify"><FONT STYLE="font-size: 10pt">(iii)</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: justify"><FONT STYLE="font-size: 10pt">To include any material information with respect
    to the plan of distribution not previously disclosed in this Registration Statement or any material change to such information in
    this Registration Statement;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify"><I>provided, however</I>, that paragraphs
(a)(1)(i)&nbsp;and (a)(1)(ii)&nbsp;shall not apply if the information required to be included on a post-effective amendment by those
paragraphs is contained in periodic reports filed by or furnished to the Commission by the Registrant pursuant to Section&nbsp;13 or
Section&nbsp;15(d)&nbsp;of the Exchange Act that are incorporated by reference in this Registration Statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">(2)&nbsp;That, for the purpose of determining
any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating
to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial&nbsp;<I>bona fide&nbsp;</I>offering
thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">(3)&nbsp;To remove from registration
by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(b)&nbsp;&#8239;&#8239;The
undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the
Registrant&rsquo;s annual report pursuant to Section&nbsp;13(a)&nbsp;or 15(d)&nbsp;of the Exchange Act (and, where applicable, each filing
of an employee benefit plan&rsquo;s annual report pursuant to Section&nbsp;15(d)&nbsp;of the Exchange Act) that is incorporated by reference
in this Registration Statement shall be deemed to be a new registration statement relating to the securities offered therein, and the
offering of such securities at that time shall be deemed to be the initial&nbsp;<I>bona fide</I>&nbsp;offering thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">(c)&#8239;&#8239;&#8239;Insofar
as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of
the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the Commission
such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In the event that
a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director,
officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director,
officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel
the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification
by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Page; Sequence: 5 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Pursuant to the requirements
of the U.S. Securities Act of 1933, as amended, the Registrant certifies that it has reasonable grounds to believe that it meets all
of the requirements for filing on Form&nbsp;S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned,
thereunto duly authorized, on February 12, 2025.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt; font-weight: bold; text-align: left">RECON TECHNOLOGY, LTD</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt; font-weight: bold; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left; width: 5%">By:</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: center; width: 45%">/s/&nbsp;Shenping Yin</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">Name:</TD>
    <TD STYLE="font-size: 10pt; text-align: center">Shenping Yin</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">Title:</TD>
    <TD STYLE="font-size: 10pt; text-align: center">Chief Executive Officer</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: center">(Principal Executive Officer)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">By:</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: center">/s/&nbsp;&nbsp;Jia Liu</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">Name:</TD>
    <TD STYLE="font-size: 10pt; text-align: center">Jia Liu</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">Title:</TD>
    <TD STYLE="font-size: 10pt; text-align: center">Chief Financial Officer</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: center">(Principal Accounting and Financial Officer)</TD></TR>
  </TABLE>


<P STYLE="margin: 0">&nbsp;</P>


<!-- Field: Page; Sequence: 6 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><A NAME="a_001"></A>POWER OF ATTORNEY</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>KNOW ALL PERSONS BY THESE PRESENTS</B>, that
each person whose signature appears below constitutes and appoints Shenping Yin and Jia Liu, and each of them, his or her true and lawful
attorneys-in-fact and agents, each with full power of substitution and re-substitution, for him or her and in his or her name, place
and stead, in any and all capacities, to sign any or all amendments (including post-effective amendments) to this Registration Statement
and any and all related registration statements pursuant to Rule&nbsp;462(b)&nbsp;of the Securities Act, and to file the same, with all
exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission, hereby ratifying and confirming
all that said attorneys-in-fact and agents, or any of them, or their substitute or substitutes, may lawfully do or cause to be done by
virtue hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Pursuant to the requirements
of the U.S. Securities Act of 1933, as amended, this Registration Statement has been signed below by the following persons in the indicated
capacities on February 12, 2025.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; width: 35%; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Signature</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 2%; padding-bottom: 1pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; width: 41%; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Title</B></FONT></TD>
    <TD STYLE="width: 2%; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 20%; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Date</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt"><I>/s/ Shenping Yin</I></FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font-size: 10pt">Chief Executive Officer and Director </FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">February 12, 2025</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Shenping Yin </FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font-size: 10pt">(Principal Executive Officer)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Jia Liu</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font-size: 10pt">Chief Financial Officer and Director</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">February 12, 2025</FONT></TD></TR>
  <TR>
    <TD><FONT STYLE="font-size: 10pt">Jia Liu</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font-size: 10pt">(Principal Accounting and Financial Officer)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt"><I>/s/ Ketong Chen</I></FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font-size: 10pt">Authorized Representative in the United States</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">February 12, 2025</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Ketong Chen</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt"><I>/s/ *</I></FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font-size: 10pt">Chief Technology Officer and Director</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">February 12, 2025</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Guangqiang Chen</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font-size: 10pt">(Chairman)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt"><I>/s/ *</I></FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font-size: 10pt">Director</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">February 12, 2025</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Zhongchen Hu</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt"><I>/s/ *</I></FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font-size: 10pt">Director</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">February 12, 2025</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Jijun Hu </FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt"><I>/s/ *</I></FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font-size: 10pt">Director</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">February 12, 2025</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Nelson N.S. Wong</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt"><I>/s/ *</I></FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font-size: 10pt">Director</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">February 12, 2025</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Yonggang Duan &nbsp;<BR>
<BR>
*By Shenping Yin, Attorney-in-Fact</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 7 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>EXHIBIT&nbsp;INDEX</B>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid; white-space: nowrap; text-align: center; width: 8%"><FONT STYLE="font-size: 10pt"><B>Exhibit<BR>
    No.</B></FONT></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-bottom: black 1pt solid; text-align: center; width: 90%"><FONT STYLE="font-size: 10pt"><B>Description
    of Document</B></FONT></TD></TR>
  <TR>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: top; text-align: center"><A HREF="https://www.sec.gov/Archives/edgar/data/1442620/000110465920005092/tm203734d1_ex4-1.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-size: 10pt">4.1</FONT></A></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><A HREF="https://www.sec.gov/Archives/edgar/data/1442620/000110465920005092/tm203734d1_ex4-1.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-size: 10pt">Registrant&rsquo;s
    Specimen Certificate for Ordinary Shares (incorporated by reference to Exhibit 2.1 to the Annual Report on Form 20-F, as amended,
    initially filed as Form 6-K on January 17, 2020)</FONT></A></TD></TR>
  <TR>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: top; text-align: center"><A HREF="tm254059d1_ex5-1.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-size: 10pt">5.1*</FONT></A></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><A HREF="tm254059d1_ex5-1.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-size: 10pt">Opinion of Campbells LLP</FONT></A></TD></TR>
  <TR>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: top; text-align: center"><A HREF="https://www.sec.gov/Archives/edgar/data/1442620/000114420416125768/v448648_ex99-2.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-size: 10pt">10.1</FONT></A></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><A HREF="https://www.sec.gov/Archives/edgar/data/1442620/000114420416125768/v448648_ex99-2.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-size: 10pt">2015 Equity Incentive Plan (incorporated by reference to Exhibit 99.2 to the Annual Report on
Form 10-K filed on September 28, 2016)
</FONT></A></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="text-align: center; white-space: nowrap; vertical-align: top"><A HREF="https://www.sec.gov/Archives/edgar/data/1442620/000110465924042553/tm2410485d1_ex99-2.htm" STYLE="-sec-extract: exhibit">10.2</A></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><A HREF="https://www.sec.gov/Archives/edgar/data/1442620/000110465924042553/tm2410485d1_ex99-2.htm" STYLE="-sec-extract: exhibit">2024 Equity Incentive Plan (incorporated by reference to Exhibit 99.2 to Form 6-K filed on April 2, 2024)</A></TD></TR>
  <TR>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: top; text-align: center"><A HREF="tm254059d1_ex23-1.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-size: 10pt">23.1*</FONT></A></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><A HREF="tm254059d1_ex23-1.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-size: 10pt">Consent of Enrome LLP, an Independent Registered Public Accounting
    Firm</FONT></A></TD></TR>
  <TR>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: top; text-align: center"><A HREF="tm254059d1_ex5-1.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-size: 10pt">23.2*</FONT></A></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><A HREF="tm254059d1_ex5-1.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-size: 10pt">Consent of Campbells LLP (included in Exhibit&nbsp;5.1)</FONT></A></TD></TR>
  <TR>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: top; text-align: center"><A HREF="#a_001"><FONT STYLE="font-size: 10pt">24.1*</FONT></A></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><A HREF="#a_001"><FONT STYLE="font-size: 10pt">Power of attorney (included on signature page)</FONT></A></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: top; text-align: center"><A HREF="tm254059d1_ex-filingfees.htm"><FONT STYLE="font-size: 10pt">107*</FONT></A></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><A HREF="tm254059d1_ex-filingfees.htm"><FONT STYLE="font-size: 10pt">Filing Fee Table</FONT></A></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in"><FONT STYLE="font-size: 10pt">*</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Filed herewith.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 8; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-5.1
<SEQUENCE>2
<FILENAME>tm254059d1_ex5-1.htm
<DESCRIPTION>EXHIBIT 5.1
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Exhibit 5.1</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><IMG SRC="tm254059d1_ex5-1img001.jpg" ALT="">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 70%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 30%"><FONT STYLE="font-size: 10pt">Floor 4, Willow House, Cricket Square</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Grand Cayman KY1-9010</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Cayman Islands</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">D +1 345 914 5821</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">T +1 345 949 2648</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">F +1 345 949 8613</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">E aclynes@campbellslegal.com</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: bold 10pt Times New Roman, Times, Serif; color: #1d1b11"><FONT STYLE="font-size: 10pt; font-style: normal; font-weight: normal">campbellslegal.com</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: bold 10pt Times New Roman, Times, Serif; color: #1d1b11"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Our Ref: 11963-16173 &nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Your Ref:</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
  </TABLE>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: Red"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>By Email</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Recon Technology, Ltd</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Room 1902, Building C</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">King Long International Mansion</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">No.&nbsp;9 Fulin Road</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Beijing 100107</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">People&rsquo;s Republic of China</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">12 February 2025</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Dear Sirs,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Recon Technology, Ltd</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">We are Cayman Islands counsel for Recon Technology,
Ltd, a Cayman Islands corporation (the &ldquo;<B>Company</B>&rdquo;), in connection with the registration and offering of 438,766 ordinary
shares, par value US$0.0001 per share, of the Company issuable in accordance with the Company&rsquo;s 2015 Equity Incentive Plan, and
in respect of a Registration Statement on Form&nbsp;S-8 (&ldquo;<B>Registration Statement</B>&rdquo;) to which this opinion is a part,
to be filed with the United States Securities and Exchange Commission (the &ldquo;<B>Commission</B>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In connection with rendering our opinion as set
forth below, we have reviewed and examined the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">1</TD><TD STYLE="text-align: justify">Copy of the Fourth Amended and Restated Memorandum of Association and Articles of Association of the Company
as adopted by the Company by a special resolution of the shareholders on March&nbsp;29, 2024 (the &ldquo;<B>Shareholders Resolution</B>&rdquo;).</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">2</TD><TD STYLE="text-align: justify">Copies of the written resolutions of the Board of Directors of the Company dated 28 February 2022, 9 March 2023, 26 February 2024 and
2 May 2024.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">3</TD><TD STYLE="text-align: justify">A copy of the Shareholders Resolution dated March&nbsp;29, 2024.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">4</TD><TD STYLE="text-align: justify">An electronic copy of the Registration Statement as provided and to be filed with the Commission on or
about the date of this opinion.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">5</TD><TD STYLE="text-align: justify">A copy of the Register of Directors of the Company.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">6</TD><TD STYLE="text-align: justify">Copy of a Certificate of a Director of the Company
                                            dated 11 February 2025 (the &ldquo;<B>Director&rsquo;s Certificate</B>&rdquo;).</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">7</TD><TD STYLE="text-align: justify">Such other documents and laws as we consider necessary as a basis for giving this opinion.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Registration Statement and the exhibits to
the Registration Statement are referred to below as the &ldquo;<B>Document</B>&rdquo;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The following opinion is given only as to matters
of Cayman Islands law and we express no opinion with respect to any matters governed by or construed in accordance with the laws of any
jurisdiction other than the Cayman Islands. We have assumed that there is nothing under any law (other than the laws of the Cayman Islands)
which would affect or vary the following opinion. Specifically, we have made no independent investigation of the laws of the United States
of America and we offer no opinion in relation thereto. We offer no opinion in relation to any representation or warranty given by any
party to the Document save as specifically hereinafter set forth. This opinion is strictly limited to the matters stated in it, does not
apply by implication to other matters, and only relates to (1)&nbsp;those circumstances or facts specifically stated herein and (2)&nbsp;the
laws of the Cayman Islands, as they respectively exist at the date hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In giving this opinion we have assumed, without
independent verification:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(a)</TD><TD STYLE="text-align: justify">the genuineness of all signatures and seals, the authenticity of all documents submitted to us as originals,
the conformity of all copy documents or the forms of documents provided to us to their originals or, as the case may be, to the final
form of the originals and that any markings showing revisions or amendments to documents are correct and complete;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(b)</TD><TD STYLE="text-align: justify">that the copies produced to us of minutes of meetings and/or of resolutions are true copies and correctly
record the proceedings of such meetings and/or the subject matter which they propose to record and that all factual statements therein
contained are true and correct and that any meetings referred to in such copies were duly convened and held and that all resolutions set
out in such copy minutes or resolutions were duly passed and are in full force and effect and that all factual statements made in such
resolutions, the Director&rsquo;s Certificate and any other certificates and documents on which we have relied are true and correct (and
continue to be true and correct);</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(c)</TD><TD STYLE="text-align: justify">that the statutory registers of directors and officers, members, mortgages and charges and the minute
book of the Company are true, complete, accurate and up to date;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(d)</TD><TD STYLE="text-align: justify">the accuracy of all representations, warranties and covenants as to factual matters made by the parties
to the Document; and</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(e)</TD><TD STYLE="text-align: justify">that there is no contractual or other prohibition (other than as may arise by virtue of the laws of the
Cayman Islands) binding on the Company or on any other party prohibiting it from entering into and performing its obligations.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 3 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Based upon the foregoing and in reliance thereon,
it is our opinion that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(i)</TD><TD STYLE="text-align: justify">The Company has taken all necessary action to authorise the execution, delivery and performance of the
Document in accordance with its terms.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(ii)</TD><TD STYLE="text-align: justify">The ordinary shares as described in the Registration Statement will, upon the receipt of full payment,
issuance and delivery in accordance with the terms of the offering described in the Registration Statement and registration in the register
of members (shareholders) of the Company be validly issued, fully paid and non-assessable.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The foregoing opinion is subject to the following
reservations and qualifications:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">1</TD><TD STYLE="text-align: justify">In the event that the Document is executed in or brought within the jurisdiction of the Cayman Islands
(e.g., for the purposes of enforcement or obtaining payment), stamp duty may be payable.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">2</TD><TD STYLE="text-align: justify">We neither express nor imply any opinion as to any representation or warranty given by the Company in
the Document as to its capability (financial or otherwise) to undertake the obligations assumed by it under the Document.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">3</TD><TD STYLE="text-align: justify">To maintain the Company in good standing under the laws of the Cayman Islands annual fees must be paid
and annual returns made to the Registrar of Companies. The annual fees are payable by the Company and will not affect the non-assessable
nature of the ordinary shares.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">We hereby consent to the use of this opinion as
an exhibit to the Registration Statement and to the use of our name under the caption &ldquo;Legal Matters&rdquo; in the Document constituting
a part thereof. In giving such consent, we do not thereby admit that we come within the category of persons whose consent is required
under section 7 of the U.S. Securities Act of 1933, as amended, or the Rules&nbsp;and Regulations of the Commission thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="1" STYLE="font: 10pt Times New Roman, Times, Serif">Yours faithfully,</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="1" STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="1" STYLE="font: 10pt Times New Roman, Times, Serif">/s/ Campbells LLP</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="1" STYLE="font: bold 10pt Times New Roman, Times, Serif">Campbells LLP</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="1" STYLE="font: 10pt Times New Roman, Times, Serif"></TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

<!-- Field: Page; Sequence: 4; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: right; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></FONT></P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>


</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-23.1
<SEQUENCE>3
<FILENAME>tm254059d1_ex23-1.htm
<DESCRIPTION>EXHIBIT 23.1
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="text-align: right; margin: 0"><B>Exhibit 23.1</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><IMG SRC="tm254059d1_ex23-1img002.jpg" ALT=""></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: -0.5pt">We hereby
consent to the incorporation by reference in the Registration Statement on Form S-8 on the consolidated financial statements of Recon
Technology, Ltd and its subsidiaries (the &ldquo;Company&rdquo;) of auditor&rsquo;s opinion in the Report of Independent Registered Public
Accounting Firm dated on October 30, 2024, relating to the consolidated balance sheets of the Company as of June 30, 2024 and 2023, and
the related consolidated statements of operations and comprehensive income (loss), changes in shareholders&rsquo; equity, and cash flows
for the years ended June 30, 2024 and 2023, and the related notes, included in its Annual Report on Form 20-F.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1pt">/s/ Enrome LLP</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1pt">Singapore</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1pt">February 12, 2025</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 35%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #10284B"><B>Enrome LLP</B></FONT></TD>
    <TD STYLE="text-align: left; width: 35%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">143 Cecil Street #19-03/04</FONT></TD>
    <TD STYLE="text-align: left; width: 30%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">admin@enrome-group.com</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">GB Building Singapore 069542</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">www.enrome-group.com</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 1; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-FILING FEES
<SEQUENCE>4
<FILENAME>tm254059d1_ex-filingfees.htm
<DESCRIPTION>EX-FILING FEES
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit 107</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Calculation of Filing Fee Tables</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Form S-8</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Form Type)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Recon Technology, Ltd</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Exact name of registrant as specified in its charter)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="8" STYLE="border: black 1pt solid; padding-bottom: 5pt; padding-left: 2pt"><FONT STYLE="font-size: 10pt"><B>Table 1 &ndash; Newly Registered Securities</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 8%; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 5pt; padding-left: 2pt"><FONT STYLE="font-size: 10pt"><B>Security <BR>
Type</B></FONT></TD>
    <TD STYLE="width: 8%; border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 5pt; padding-left: 2pt"><FONT STYLE="font-size: 10pt"><B>Security <BR>
Class Title</B></FONT></TD>
    <TD STYLE="width: 13%; border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 5pt; padding-left: 2pt"><FONT STYLE="font-size: 10pt"><B>Fee<BR>
Calculation<BR>
Rule</B></FONT></TD>
    <TD STYLE="width: 23%; border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 5pt; padding-left: 2pt"><FONT STYLE="font-size: 10pt"><B>Amount<BR>
Registered(1)</B></FONT></TD>
    <TD STYLE="width: 11%; border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 5pt; padding-left: 2pt"><FONT STYLE="font-size: 10pt"><B>Proposed <BR>
Maximum<BR>
Offering<BR>
Price Per<BR>
Unit</B></FONT></TD>
    <TD STYLE="width: 13%; border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 5pt; padding-left: 2pt"><FONT STYLE="font-size: 10pt"><B>Maximum<BR>
Aggregate<BR>
Offering Price</B></FONT></TD>
    <TD STYLE="width: 11%; border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 5pt; padding-left: 2pt"><FONT STYLE="font-size: 10pt"><B>Fee Rate</B></FONT></TD>
    <TD STYLE="width: 13%; border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 5pt; padding-left: 2pt"><FONT STYLE="font-size: 10pt"><B>Amount of<BR>
Registration<BR>
Fee</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 5pt; padding-left: 2pt"><FONT STYLE="font-size: 10pt">Equity</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 5pt; padding-left: 2pt"><FONT STYLE="font-size: 10pt">Ordinary<BR>
shares, <BR>
$0.0001<BR>
par value<BR>
per share, <BR>
reserved<BR>
for<BR>
issuance<BR>
under the <BR>
2024<BR>
Equity <BR>
Incentive <BR>
Plan</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 5pt; padding-left: 2pt"><FONT STYLE="font-size: 10pt">Other</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 5pt; padding-left: 2pt"><FONT STYLE="font-size: 10pt">2,263,194 (2)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 5pt; padding-left: 2pt"><FONT STYLE="font-size: 10pt">$2.07(3)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 5pt; padding-left: 2pt"><FONT STYLE="font-size: 10pt">$ &nbsp;4,684,812 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 5pt; padding-left: 2pt"><FONT STYLE="font-size: 10pt">$153.10 per<BR>
$1,000,000</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 5pt; padding-left: 2pt"><FONT STYLE="font-size: 10pt">$ &nbsp;717.24 </FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 5pt; padding-left: 2pt"><FONT STYLE="font-size: 10pt">Equity</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 5pt; padding-left: 2pt"><FONT STYLE="font-size: 10pt">Ordinary shares, $0.0001 par value per share, reserved for additional issuances under the 2015 Equity Incentive Plan</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 5pt; padding-left: 2pt"><FONT STYLE="font-size: 10pt">Other</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 5pt; padding-left: 2pt"><FONT STYLE="font-size: 10pt">494,322 (4)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 5pt; padding-left: 2pt"><FONT STYLE="font-size: 10pt">$2.07 (3)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 5pt; padding-left: 2pt"><FONT STYLE="font-size: 10pt">$1,023,247 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 5pt; padding-left: 2pt"><FONT STYLE="font-size: 10pt">$153.10 per $1,000,000</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 5pt; padding-left: 2pt"><FONT STYLE="font-size: 10pt">$ &nbsp;156.66 </FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="4" STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 5pt; padding-left: 2pt"><FONT STYLE="font-size: 10pt"><B>Total Offering Amounts</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 5pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 5pt; padding-left: 2pt"><FONT STYLE="font-size: 10pt">$ &nbsp;5,708,058 </FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 5pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 5pt; padding-left: 2pt"><FONT STYLE="font-size: 10pt">$ &nbsp;873.90 </FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="4" STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 5pt; padding-left: 2pt"><FONT STYLE="font-size: 10pt"><B>Total Fee Offsets</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 5pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 5pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 5pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 5pt; padding-left: 2pt"><FONT STYLE="font-size: 10pt">&mdash;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="4" STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-bottom: 5pt; padding-left: 2pt"><FONT STYLE="font-size: 10pt"><B>Net Fee Due</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 5pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 5pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 5pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: black 1pt solid; padding-bottom: 5pt; padding-left: 2pt"><FONT STYLE="font-size: 10pt"><B>$ &nbsp;873.90 </B></FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="white-space: nowrap; width: 4%; text-align: justify"><FONT STYLE="font-size: 10pt">(1)</FONT></TD>
    <TD STYLE="width: 96%; text-align: justify"><FONT STYLE="font-size: 10pt">Pursuant to Rule 416(a) of the Securities Act of 1933, as amended (the &ldquo;Securities Act&rdquo;), this Registration Statement shall also cover any additional shares of the Registrant&rsquo;s ordinary shares that become issuable under the 2024 Equity Incentive Plan (the &ldquo;2024 Plan&rdquo;) by reason of any share dividend, share split, recapitalization or other similar transaction effected without receipt of consideration that increases the number of the Registrant&rsquo;s outstanding ordinary shares.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="white-space: nowrap; text-align: justify"><FONT STYLE="font-size: 10pt">(2)</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Represents 2,263,194 ordinary shares initially available for grants under the 2024 Plan. </FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="white-space: nowrap; text-align: justify"><FONT STYLE="font-size: 10pt">(3)</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Estimated in accordance with Rules 457(c) and 457(h) of the Securities Act solely for the purpose of calculating the registration fee on the basis of $2.07 per share, which is the average of the high and low prices of the Registrant&rsquo;s Class A ordinary as reported on the Nasdaq Capital Market on February 11, &nbsp;2025.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="white-space: nowrap; text-align: justify"><FONT STYLE="font-size: 10pt">(4)</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Represents 494,322 ordinary shares additionally available for grants under the 2015 Plan.</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<!-- Field: Page; Sequence: 1; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>







</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>tm254059d1_ex5-1img001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 tm254059d1_ex5-1img001.jpg
M_]C_X  02D9)1@ ! 0$ R #(  #_VP!#  $! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0'_
MVP!# 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0'_P  1"  W /(# 2(  A$! Q$!_\0
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MZ-\-_#]Q-"L<"PK;0:GXIND8EC;Z.=2L3:0LH2_FFE1&D%M*E?GO_P $QO\
M@GWXW_:PTA_VT_\ @H9XQ\<_%SQ3X^NI=9^'GPLU?6M5L/A[H?AVZEG\G49M
M#MI+:&Y>_P#*MC%;3#RX!9(X5UF9'^RRS@^*R9\29[C<1EV3SDEAYT:5*ICL
M=*4I0IO+</BG3I8JG[96J5:;K4X4H59RJ4^2/-\#F?&.(><1X=R'"X;'YNW*
M%2.(KUJ>#PO)!U:L<?7PBJ5,'+V,9NG"O["52HZ=/EGSV?[*VG_!1+]B[4-0
M6SA^/>B"Y=F6+S]'\=VD$A1E60O<7GA:SL(DC+Q@R-.T?[Q<L@QN^K_!OQ$\
M$>.[2'4?"/BK0_$EE=(K6\^E:K9WNY64LQ\N&0W"?+ABLR*P'..":\"U;]BS
M]E_7]'_X1K5/@+X!&DM:M9G['H4&E2-'Y;!!#<Z=Y=\GE! &DN)%W.T11V8E
M#_.QH_[(_BK]CK_@M=\%O#'P.U#XRK^SUXY\+ZKXGU/0FUK7+_P;X>US=9K?
MV%]/=>;8>2%O(#8V[S*\:>:-IW@UKEF3\*9]1QM/!9QGE+,<)A\5B<+1S7+\
MKP^$KK"4:N(J1E7A7I5(2]G2;IJFG*51QIQY[LG&9KQ/D=;!/,,ER7ZIBZ]"
MCB<1EN89GB\10]O4A1BXT:E&I3DG.I%3=245&#E-6DDC^MQ?+8?(PP3G(((/
M7!!!QCT/3],/4YR.,J ,CN.<?RKR+QCJ_CZPU%8/"VBVE_IZ0EIKJ5G5]ZNQ
MVLP^4>6"V[& N<N "*YL>)_C*0=GAK36*X#[9,E?E5EWCJI*L&&0"0P;D$5\
M;A,'6Q6&AC75HQ]I6K47%U:<915*4TG*#DG&#4=)NR;:[W/LYXVE2Q&)P?LJ
MG^S4:-:+]G/EJ>VE%<M)\EIR7/>48\[6MTK,^A**^>&\5_&11EO#FF*,A<M*
M -Q8*%R3C)8A0.I8@=2*3_A+?C'N*?\ "/:7O'5/.7<,AR,KG(X1STZ(Y_A.
M.G^SZK;BJ^'<DHMQ5:DY)2=HMI3;2D](MI*3TBY/0R>944HMTZJ4G*,6Z;2E
M*"<IQBW!*4H1C*4XQ<I1C&4I*,8R:^B**^>?^$J^,I8(/#>FER,A/-&XC ;(
M7.2-I#=.A!Z$4A\5_&0'!\.Z8#M9L&4 [4P7;&<[5!!8]%R,XR*E8&;YK8G"
MODDH2MB*#Y9MI*$K5'RS;:2A+EFVTE!MI-_VA23BG1K)RBYQ3I33E%*[E%.G
M>44M7**E%+5R2U/H>BOGK_A*?C,2 /#>G$GH/,&3QNX]?EYX[<]*1O%/QF4E
M6\-Z:K!0Q5I "%.<,03D*=K8)X.#@\&J_L^K=+V^'NY<J7MJ5W+?E2Y[N5DW
MRI.5DWRZ,/[0I:OV-:RCSM^RG90_G;]G90_O-J/]X^AJ*^>1XI^,S;=OAO36
MWXV8D!WY&1MP?FR.1C.1R*1?%GQD;&WP[IC;C@;9E.3SP,$Y/RMP/0^AJ?J$
MTN9XG#<JNW+ZQ1Y5:7*[R]IRJTO==Y*TO==I>Z']H4F[*C6O=*WLIWNXN:5O
M9WNX)S2M=Q3DDXIR7T/4$S%=A SS@]2!N*@%L=AW)Z#(R,U\_KXK^,CJ77PY
MIC(&*%UE#*'!(*E@2 P((*YR""",UHZ5XA^+4^J6,.I^&[)--DF$=V\3G?&C
MD;7P ?E7#9)P!QDTWEU1P<_:8:K!1<DG6HN$^5.2M+GY6]+QM)W=DKNR:>/I
M2:ARUJ;E**YE2GS1]Y=%3YK=):62NW9)M5OB_P#M*_!+X"SZ9!\7?B%8>"GU
MD7+Z;)J>G:S<P77V46QN%6;2=)U"&!HA>6Q5;J2$S"3]P9?*G$>;\)OVJ/@#
M\=-9O-!^$WQ,T;QMJ^FV<5_?VFFVVIPRVMG,TBPW,J7^GV#-#*T$R"5/,1'C
MVR-&TD2R/_:-^"_PP^,/P]\4V?Q(\$:)XM2P\-ZXUDVJ645Q/92-ITK,]A<O
ML>"9GA@.8W4N\4(()117\D'_  ;F*NG_ +;7[4>C6#W<6DZ9;:SIVG6,DDC*
M+73_ !#X@@A4[II1+#;[VAC*DJDFY2=QVK]?P]PQE&=<&<3<1RS'%TLVX>6#
ME1R]T[87$+$XRCAJSE/ENE1HU*D[R<$YQA9R3NOCN(N*LVROBSA_(/[-PL\J
MSCZQ[7'NHGB*<J&%K8BE&G3YDW*=:E3@U&,FXREHGO\ VR(8\DQK@ X;*LC;
MQR<APIP001QA@V5)!!J<$')XR>N#]<?_ *^_6O"M4\3_ !5MM3U&#3?#UC/8
M1W)%K-(S O%Y<8'SD8<A@P8J<AL@\U0/BKXR %O^$:TU !N8F7 Q_>);  ]^
ME?(T\NJSC*<:^'DG+W6J])\[NKQA:<E-K=J+DU9NRZ?8SS"C%0YJ56/+%.7-
M2G'E35DY<T%RI[)RY4]DVSZ&J-_X?Q_I7S]_PE'QG.,>&M.YX'[SJ<9P/7@@
M_0TW_A*OC*>GAO33\WE\29^?GY.,_-P?EZ\'C@T++*]1NG#$X>,UO_M%).-M
M?>]^\;I-+F4;WLAO,:"2<Z-;DEL_8S:E_AM3]ZV_N\UDKO1-GT ^TA=RG !?
M&<*2I7:7.,XR0?3U!P*^:/BO^UE^SY\$/$-OX6^*WQ'TGPCKUU;+?6]GJ&E:
MZ8V@?:5<75II=]:_O05*&6:(S!6\D.8YA%K'Q1\877Y_#>G! R&2029V0;L3
M!<?\M&&/+'!)1MO0BOGO_@H!\$/A9\4OV7_C'XB^('@/0-?\1Z%\*?$=_I6J
MWMFK:II=['IC2P-97NZ*:V,4R*Q(D4-L&01&,=N6Y;@IYGE^ SBK-X7%XS#8
M2K/"N%6K&>)K4Z-"48VJ)_OYTVUR.32?*F[(\O.LTS"AE&/Q>3TE]9PV%JXF
MBL1"=.E-8>$JU6/-*,%=T:=3EL_B:Z.Y](_"+]HCX,_'M=4F^$/CG1/&?]A-
M#'JQTF#4T>P-Y&)(5E>_TZQV-)$8Y'2,2LL<UM(X1;BW,OG?CS]MO]E?X:>+
M-3\#^.OB]H_AGQ;HSI!?:1J6D^*S=6\DXE/E).-"GM9'D6VE8)!,S,(F.TJ,
M5_.;_P &M<UP/"O[3$3S7;10ZMX;*K/<+<(C6NFVZ*%<33.P 91RRX"D#)(
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M]H;_ ((L^&_%?QM^&7[0_P"RG\6/$/[*GQ)\!Z+;^'KJ;POX>TG7=+U:SM&
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M+5]SQD#XY^.(YU9AG>NC>%Q*A S^\C8XD0_,A(# 9K8_X.. (_V 9$4@1?\
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M=H(D! [9'8XZCM17Y?[5_P!1?^1^L+"JR]Y;+[2[+R+=%%%(T"BBB@ HHHH
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MZGO\/4N3!4Z+JUJD,)%4Z"J5'+D@E[-1V5THI)7V+%%%%<)] %%%% !1110
64444 %%%% !1110 4444 %%%% '_V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>tm254059d1_ex23-1img002.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 tm254059d1_ex23-1img002.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  $! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0'_
MVP!# 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0'_P  1"  Z 0\# 2(  A$! Q$!_\0
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M?_B?BOG3_@[8ED_X;\^"\!;]V/V0/AQ)M &-Y^,_[2"[LXW?=.W&<=\9YK\
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M^C/X&\,1>"_!OAKPK PFC\/:%IND^<5"FXDLK.&*:X(' -Q.LLS < MCBO\
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M=AIT?C=8]5OM7\,7?A[^V=$2*-(XD1(XT6.-(U5$C1%"JB(N%1550JJ@"J
M  *^;_V-/!^C?#[]D+]EGP+X=2-=$\(?L[?!;PYI9C"A9;/2?AQX;LH;EBH
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MVC:GK/V;2K>ZEA&L>,_ &M7%U?\ AO1[25-3\0Z/K_B/2+*/5M9MO"^D2?\
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M7X!:Q^U!^W7^RK\#M&M#>_\ "9_&CP;+KZ;/,%MX'\*ZBOC/XAZDT7 E72/
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M*VZM*ZZ.VG^D#_PY _X)0?\ 1D/P@_+Q7_\ -+1_PY _X)0?]&0_"#\O%?\
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M./[&?_A=?&W_ .<#7^AQ177_ *_<3?\ 03@O_#=A_P#Y(Y_]6<G_ .?6(_\
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M*?\ X-V?VROV%OV^/@-^U/\ %?XK?LS>)/ /PL/Q.;7M%^'OBOXI:GXPO?\
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M=_/J%O+>^%O"OC'5EO9DNHQ9QKHCP2,K":Y@&&;^1C_B$E_X**?]%M_8N_\
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"_]D!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
