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OII vs RCON

Oceaneering International Inc. and Recon Technology, Ltd. Class A Ordinary Shares

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Oceaneering International Inc.

Oceaneering International, Inc. provides engineered services and products, and robotic solutions to the offshore energy, defense, aerospace, manufacturing, and entertainment industries in the United States, Africa, the United Kingdom, Norway, Brazil, Asia, Australia, and internationally. It operates in Subsea Robotics, Manufactured Products, Offshore Projects Group, Integrity Management & Digital Solutions, and Aerospace and Defense Technologies segments. The company offers remotely operated vehicles (ROVs) for drill support and vessel-based services, such as subsea hardware installation, construction, pipeline inspection, survey and facilities inspection, maintenance, and repair; ROV tooling; and survey services, such as hydrographic survey, positioning services, and autonomous underwater vehicles for geoscience. It also provides distribution and connection systems, such as production control umbilicals and field development hardware, pipeline connection and repair systems, and subsea and topside control valves to the energy industry; and autonomous mobile robotic technology and entertainment systems to various industries. In addition, the company offers subsea installation and intervention products, including riserless light well intervention services, as well as inspection, maintenance, and repair services; installation and workover control systems, and ROV workover control systems; diving services; project management and engineering solutions; and drill pipe riser services and systems, and wellhead load relief solutions. Further, it provides asset integrity management services; software and analytical solutions for the bulk cargo maritime industry; and software, digital, and connectivity solutions for the energy industry, as well engineering and related manufacturing in defense and space exploration activities to the United States' government agencies and their prime contractors. The company was founded in 1964 and is headquartered in Houston, Texas.

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Recon Technology, Ltd. Class A Ordinary Shares

Recon Technology, Ltd. provides hardware, software, and on-site services to companies in the petroleum mining and extraction industry in China. The Company provides specialized equipment, automation systems, tools, chemicals, outsourcing platform services, and field services to energy industry companies mainly in China. The company offers equipment, tools, and other components and parts related to oilfield production and other energy industries; and develops and sells industrial automation control and information solutions. It is also involved in designing, testing, and implementing solutions for sewage, oily sludge treatment; and produces and sells integrated equipment and project services. In addition, the company develops, upgrades, and maintains online operation platform of gas stations, marketing, and promotion related services, as well as engages in production and efficiency of exploited oil wells business and plastic chemical cycle activities. Further, it provides equipment for oil and gas production and transportation, including heating furnaces, burner, waste water and oil treatment products and services, chemical recycling plan, automation system and service; and operates platform services comprising intelligent marketing system and digitalization solution for gas stations. Additionally, the company offers equipment and accessories. Recon Technology, Ltd. was incorporated in 2007 and is based in Beijing, China.

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