Exhibit 10.23



 Exhibit 10.23 
 Power of Attorney 
 I, Yin Shenping, am a citizen of the People’s Republic of China (the
“PRC”), have an ID number of 320113196912054853, and hold a 40% equity interest in Nanjing Recon Technology Co., Ltd. (the “Company”) (the “Equity Interest”). As a shareholder of the Company, I hereby
irrevocably entrust Recon Technology (Jining) Co., Ltd. (“Recon-JN”) to exercise the following rights under the terms of this Power of Attorney: 
 I exclusively authorize Recon-JN to be my sole representative with full authority to perform and exercise any and all shareholder’s rights associated with the Equity Interest, including but not limited to, the
right to attend shareholders’ meetings, the right to execute shareholders’ resolutions, the right to sell, assign, transfer or pledge any or all of the Equity Interest, and the right to vote the Equity Interest for all matters, including
but not limited to, the appointment of legal representatives, board members, executive directors, inspectors, chief managers and other senior management officers. 
 I exclusively entrust Recon-JN as my sole representative with full power to execute the Equity Transfer Contract referenced in the Exclusive Equity Interest Purchase Agreement of even date herewith and to which I am
party, to perform the obligations thereunder on my behalf, and complete all actions I am required to perform under the Exclusive Equity Interest Purchase Agreement and the Equity Interest Pledge Agreement, both of which I am a party to and which are
entered into as of the execution date of this Power of Attorney. The performance of the above mentioned rights shall not constitute a limitation on this Power of Attorney. 
 Except as otherwise provided hereunder, Recon-JN shall be entitled to transfer, allocate or in any other way utilize the cash dividends and other
non-cash income arising out of the Equity Interest in accordance with my oral or written instructions. 
 Except as otherwise provided
hereunder, Recon-JN shall be entitled to exercise all the necessary rights associated with the Equity Interest at its sole discretion and without any further oral or written instructions. 
 Recon-JN is entitled to assign the authorization granted under this Power of Attorney to any other individual(s) or legal person(s) without issuing any
advance notice or obtaining my consent. Should any such assignment occur, Recon-JN shall promptly notify me and indemnify me from any and all losses incurred as a result of the assignment. 
  

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 This Power of Attorney shall be executed and come into effect as of the date set forth below. This Power
of Attorney is coupled with an interest and is irrevocable and validly existing for so long as I am a shareholder of the Company. 
 Should I
desire to exercise the rights entrusted to Recon-JN hereunder, I shall provide Recon-JN with advance notice of my intentions to do so and agree that I shall have no authority to exercise such rights unless either (i) the rights specifically
reserved to me hereunder or (ii) Recon-JN, in its sole and absolute discretion, consents to such exercise. 
  

	
	/s/ Yin Shenping
	Yin Shenping
	
	Effective as of January 1, 2008

  

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