EQUITY INTEREST PLEDGE AGREEMENT

1.

The Pledgee is a wholly foreign-owned enterprise duly established and valid existing under the PRC laws. The Pledgee and [ Dalian Winland International Shipping Agency Co., Ltd. ] owned by the Pledgor entered into Exclusive Technical Consulting and Service Agreement on [March 31, 2008] (the “ Service Agreemen t”).

2.

The Pledgor, a local company incorporated under the laws of the People’s Republic of China (the “ PRC ”), who holds 7.5% equity interest of [DALIAN WINLAND INTERNATIONAL SHIPPING AGENCY CO., LTD.], which is a limited liability company duly established and valid existing in Beijing under the laws of PRC.

3.

Pursuant to the Service Agreement, [DALIAN WINLAND INTERNATIONAL SHIPPING AGENCY CO., LTD.] shall make certain payments to the Pledgee in consideration of the services and consultant provided by the Pledgee thereunder. In order to ensure that the Pledgee collects technical fee from [DALIAN WINLAND INTERNATIONAL SHIPPING AGENCY CO., LTD.], the Pledgor is willing to pledge all its equity interest in [DALIAN WINLAND INTERNATIONAL SHIPPING AGENCY CO., LTD.] to the Pledgee as a security for the Pledgee to collect the technical consulting and service fees under the Service Agreement.

Article 1

Definitions

1.1

Pledge means the full meaning assigned to that term in Article 2 of this Agreement.

1.2

Equity Interest means the 7.5% equity interest (the “ Equity Interest ”) in [DALIAN WINLAND INTERNATIONAL SHIPPING AGENCY CO., LTD.] legally held by the Pledgor and all the other equity interest which might be further held by the Pledgor;

1.3

Rate of Pledge means the ratio between the value of the pledge under this Agreement and the technical consulting fees under the Service Agreement.

1.4

Term of Pledge means the period provided for under Article 3.2 hereunder.

1.5

Service Agreement means the Exclusive Technical Consulting and Service Agreement entered into by and between [DALIAN WINLAND INTERNATIONAL SHIPPING AGENCY CO., LTD.] and the Pledgee.

1.6

Event of Default means any event in accordance with Article 7 hereunder.

1.7

Notice of Default means the notice of default issued by the Pledgee in accordance with this Agreement.

2.1

Party B agrees to pledge all its Equity Interest in [DALIAN WINLAND INTERNATIONAL SHIPPING AGENCY CO., LTD.] to the Pledgee as a guarantee for the technical consulting service fee payable to the Pledgee under the Service Agreement.

2.2

Pledge under this Agreement refers to the rights owned by the Pledgee who shall be entitled to have priority in receiving payment or proceeds from the auction or sale of the equity interest pledged by the Pledgor to the Pledgee.

The Pledge of the Equity Interest under this Agreement shall take effect as of the date that the Pledge of the Equity Interest is recorded in the register of shareholders of [DALIAN WINLAND INTERNATIONAL SHIPPING AGENCY CO., LTD.].

During the Term of Pledge, the Pledgee shall be entitled to foreclose on the Pledge in accordance with this Agreement in the event that [DALIAN WINLAND INTERNATIONAL SHIPPING AGENCY CO., LTD.] fails to pay exclusive technical consulting and service fees in accordance with Service Agreement.

6.1.1

Except for the transfer of the Equity Interest by the Pledgor, Recon Technology, Co., Limited and [DALIAN WINLAND INTERNATIONAL SHIPPING AGENCY CO., LTD.] as subject to the Exclusive Equity Interest Purchase Agreement entered into by and among the Pledgor and Recon Technology, Co., Limited to transfer the Equity Interest to the Pledgor or the specified person consigned by the Pledgor (“ Specified Person ”), not transfer or assign the Equity Interest, create or permit to be created any pledges which may have an adverse affect on the rights or benefits of the Pledgee without prior written consent from the Pledgee.

6.1.2

Comply with and implement laws and regulation with respect to the right of pledge, present to the Pledgee the notices, orders or suggestions with respect to the Pledge issued or made by the competent authority after receiving such notices, orders or suggestions and comply with such notices, orders or suggestions, or object to the foregoing matters at the reasonable request of the Pledgee or with the written consent from the Pledgee.

6.1.3

Timely notify the Pledgee of any events or any received notices which may affect the Pledgor’s Equity Interest or any part of its right, and any events or any received notices which may change any of the Pledgor’s convenants and obligations under this Agreement or which may affect the Pledgor’s performance of its obligation under this Agreement.