Recon Technology, Ltd. (NasdaqCM:RCON) entered into a share exchange agreement to acquire 30% stake in Starry Blockchain Energy Pte. Ltd from Kuang Zhongrui and He Panpan for $3 million on June 3, 2021. Pursuant to the Agreement, Recon will issue 316,345 unregistered, restricted Class A shares, based on $9.48 per share, to Starry's founding shareholders in exchange for 30% of the shares of Starry. Recon Technology, Ltd. (NasdaqCM:RCON) completed the acquisition of 30% stake in Starry Blockchain Energy Pte. Ltd from Kuang Zhongrui and He Panpan on June 11, 2021.