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4 años hace
CTIB CEO is huge China Yunhong Holdings Files for a $50M SPAC IPO
new-spac
China Yunhong Holdings Files for a $50M SPAC IPO
JUL 1, 2019 INTEL BY SAM TALKINGTON
Last Friday, there was another new SPAC filing with the addition of China Yunhong Holdings (ZGYHU), a $50 million SPAC IPO focused on the consumer and lifestyle sectors in Asia. Mr. Yubao Li is acting as Chief Executive Officer and Chairman, however, he is currently the only team member listed. Mr. Li is currently the acting president of the Hubei Academy of Science and Technology. He is also serving as a director or officer at multiple solar and agriculture companies in addition to being a director at the Photoproteins Research Centre at China’s Academy of Management Science, a research institute located in Beijing.
The structure seen in Yunhong’s unit is interesting for an Asia-focused SPAC. There is no right included in the unit, only a warrant. Since there is no right in the unit, Yunhong is offering a full warrant instead of the 1 warrant for 1/2 share that is typically seen in these deals. Additionally, a Crescent term has not been included and the warrant call trigger is $18.00. The typical trigger for smaller Asia-focused deals similar to Yunhong is $16.50. The $18.00 trigger is similar to most larger SPACs, and with a longer duration than most small Asia-focused SPACs at 18 months, it will be interesting to see how investors react.
While Yunhong does not have a full management team yet, the strength of the team will likely feel similar to most other SPACs with this size and focus. The team does not have experience with blank check companies but they are well connected and have experience in other industries. Some of the terms for Yunhong would be considered unfavorable for certain investors, but the sheer number of deals successfully pricing and the current investment environment, combined with the small size of the deal, make it seem as though they should be able to get it sold even if there is some pushback.
Summary of terms below:
China Yunhong terms
ALERTS100%to10000%GAIN
4 años hace
CTIB 1.47,CRAZYY HUGEE,Yubao Li is a businessperson who founded China Hubei Yunhong Energy Group Co. Ltd
and look here China Hubei Yunhong Energy Group Co. Ltd
Yunhong Groupwww.yunhongkg.com › AboutUs
Jump to Wuhan Yuhuang Photovoltaic Agricultural Technology Co., Ltd. - On February 15th, signed an investment project agreement with Hubei Yunhong Energy Group Co., Ltd. to build a ... of Microsoft China, the only two in ...
?Dalian Yunhong Solar ... · ?Inner Mongolia Yunhong ... · ?Hubei Yuntong Energy Co
...http://www.yunhongkg.com/AboutUs.html#son02
Hubei Energy Group Co., Ltd.
https://www.dnb.com/business-directory/company-profiles.hubei_energy_group_co_ltd.8a89e30a164acc94b77b4a2457ccfae4.html#credit-reports
http://www.yunhongkg.com/AboutUs.html
Trademark Filing
Hubei Yunhong Energy Group Co., Ltd.
https://uspto.report/TM/88240600
Yubao Li
Age : 37
Public asset : 3,046,658 USD
Linked companies : Yunhong International - Yunhong CTI Ltd.
Summary
Founder of China Hubei Yunhong Energy Group Co. Ltd., Yubao Li is a businessperson who has been the head of 8 different companies and currently occupies the position of Chairman, President & Chief Executive Officer of Yunhong CTI Ltd., Chairman at China Hubei Yunhong Energy Group Co. Ltd., Chairman at Yunhong International, General Manager & Executive Director at Hubei Yun Hong Photovoltaic Co. Ltd., General Manager & Executive Director at Hubei Teruiga Energy Co. Ltd., President at Yunhong Group Holdings Co. Ltd., President for Hubei Academy of Science & Technology and President at Hubei Yunhong Deren Tourism Co. Ltd.
He is also on the board of Hubei Yuntong Energy Co. Ltd. and Director-Photoproteins Research Centre at Chinese Academy of Management Science.
Yubao Li received an MBA from Peking University.
Current positions of Yubao Li
Name Title Since
Yunhong International
(Holding Companies) Chairman 2019
Yunhong CTI Ltd.
(Non-Paper Containers & Packaging) Chairman, President & Chief Executive Officer 2020
Hubei Academy of Science & Technology President 2018
Hubei Yunhong Deren Tourism Co. Ltd. President 2016
Yunhong Group Holdings Co. Ltd. President 2013
China Hubei Yunhong Energy Group Co. Ltd. Chairman 2013
Hubei Teruiga Energy Co. Ltd. General Manager & Executive Director 2017
Hubei Yuntong Energy Co. Ltd. Executive Director 2016
Hubei Yun Hong Photovoltaic Co. Ltd. General Manager & Executive Director 2016
Chinese Academy of Management Science Director-Photoproteins Research Centre 2018
Holdings of Yubao Li
Name Equities % Valuation
Yunhong International (ZGYH)
(Holding Companies) 250,500 3.47% 2,458,658 USD
Yunhong CTI Ltd. (CTIB)
(Non-Paper Containers & Packaging) 400,000 8.39% 588,000 USD
Yubao Li: Personal Network
Name Linked companies
Wan Zhang Yunhong International
Yunhong CTI Ltd.
Yaping Zhang Yunhong CTI Ltd.
Yunhong Group Holdings Co. Ltd.
Jana M. Schwan Yunhong CTI Ltd.
Samuel Komar Yunhong CTI Ltd.
Bret Tayne Yunhong CTI Ltd.
John M. Klimek Yunhong CTI Ltd.
Art Gisonni Yunhong CTI Ltd.
Jennifer Connerty Yunhong CTI Ltd.
Patrick Francis Orlando Yunhong International
Andrey Novikov Yunhong International
Hubei Energy Group Co Ltd
Hubei Energy Group Co., Ltd. operates utility networks. The Company offers hydropower, thermal power, nuclear power, and other power products. Hubei Energy Group also operates finance, trading, and other businesses.
CURRENT PRICE
000883:CH3.70CNYAS OF 03:00 AM EDT 09/25/2020SEE QUOTE
SECTOR
Utilities
INDUSTRY
Utilities
SUB-INDUSTRY
Power Generation
FOUNDED
03/09/1993
ADDRESS
137 Xudong Street Hongshan District Wuhan, 430077 China
PHONE
86-27-8660-6100
WEBSITE
www.hbny.com.cn
NO. OF EMPLOYEES
4085
https://www.bloomberg.com/profile/company/000883:CH
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4 años hace
CTIB HUGEE ~~CEO~~Yubao Li, 37
Chairman, Yunhong CTI Ltd.
Yubao Li is a businessperson who founded China Hubei Yunhong Energy Group Co. Ltd. and who has been at the helm of 8 different companies. Currently, Mr. Li is Chairman of Yunhong CTI Ltd., Chairman of China Hubei Yunhong Energy Group Co. Ltd., Chairman for Yunhong International, General Manager & Executive Director for Hubei Yun Hong Photovoltaic Co. Ltd., General Manager & Executive Director of Hubei Teruiga Energy Co. Ltd., President of Yunhong Group Holdings Co. Ltd., President for Hubei Academy of Science & Technology and President for Hubei Yunhong Deren Tourism Co. Ltd. Mr. Li is also on the board of Hubei Yuntong Energy Co. Ltd. and Director-Photoproteins Research Centre at Chinese Academy of Management Science.
Mr. Li received an MBA from Peking University.
https://www.wsj.com/market-data/quotes/CTIB,TRS,CMT,MYE,TG,BERY/company-people/executive-profile/183839117
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4 años hace
CTIB~1.57 better load here now lates news YUNHONG CTI LTD. : Change in Directors or Principal Officers (form 8-K)
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09/16/2020 | 04:10pm EDT
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officer.
On September 10, 2020, Yubao Li, Chairman of Yunhong CTI Ltd. (the "Company"), was appointed as Chief Executive Officer and President.
Mr Li has served as a Director of the Company since January 13, 2020 and was elected as Chairman of the Board on June 1, 2020. Mr. Li has been serving as the Chairman of Yunhong International since its inception in January 2019 and served as its Chief Executive Officer from January 2019 to September 2019. Mr. Li has been serving as the president of Hubei Academy of Science and Technology since July 2018, one of the key multi-disciplinary universities in the province of Hubei. Since June 2018, Mr. Li has been serving as the Director of Photoproteins Research Centre at China'sAcademy of Management Science, a research institute situated in Beijing where he supports innovation by defining the research focus of the group. Mr. Li also serves as a director and/or officer of several other entities, including as the Executive Director and General Manager of Hubei Teruiga Energy Co., Ltd, a new energy technology company, since November 2017, the Executive Director of Hubei Yuntong Energy Co., Ltd., a solar power and agriculture company, since April 2016, the Executive Director and General Manager of Hubei Yun Hong photovoltaic Co., Ltd., a solar power and agriculture company, since May 2016, the President of Hubei Yunhong Deren Tourism Co., Ltd., a tourism project developer, since May 2016 and the President of Yunhong Group Holdings Co., Ltd., a company engaged in the business of solar power construction and solar photovoltaic power generation, since 2013. In addition, in 2013, Mr. Li founded China Hubei Yunhong Energy Group Co., Ltd., a Chinese nutrition company operating in China and abroad, and he currently serves as the Chairman of its board of directors. Mr. Li received his EMBA in Investment, Financing and Capital Strategy from Peking University. Due to his extensive investment and management experiences, we believe Mr. Li is well qualified to serve as a director and as Chairman of the Board.
Additionally, on September 10, 2020, John Klimek, a Director of the Company, was appointed as Secretary.
Mr. Klimek has been a director of the Company since June 2013. Mr. Klimek has been a practicing attorney in Illinois since 1984 specializing in corporate and securities law. From August 2004 to July 2018, Mr. Klimek was employed by HFR Asset Management, LLC, Chicago, Illinois, a hedge fund management company, most recently as President. Mr. Klimek brings strong financial, business and market acumen as well as compliance expertise and negotiating skills to the Company's Board of Directors. He holds a Juris Doctor and a BS Degree in Accountancy, both from the University of Illinois, Champaign-Urbana. He is also a director of Reliv International, Inc.
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4 años hace
CTIB~~~Logo Yunhong CTI Ltd.Yunhong CTI Ltd., formerly CTI Industries Corporation, develops, produces and distributes various consumer products and sells these products throughout the United States and in over 35 other countries. The Company designs, manufactures and distributes film products. It is a developer of products, which employ flexible films, including balloons, pouches and rolls of film for vacuum sealing and storage of products in the home and films for commercial packaging applications. Its principal lines of products include Novelty Products, consisting of foil and latex balloons and other inflatable toy items, and also Candy Blossoms (small containers of arranged candy items, including a small inflated balloon); Vacuum Sealing Containers and Sealing Devices, which are for home and consumer use to vacuum seal, store and preserve food and personal items, and Flexible Films, for food and other commercial and packaging applications.
Number of employees : 380 people.
Sales per Business
2019
USD (in Million) %
Foil Balloons 17.65 43.5%
Vacuum Sealing Products 8.24 20.3%
Latex Balloons 7.41 18.3%
Other 5.09 12.5%
Film 1.88 4.6%
Home Organization 0.263 0.6%
Sales per region
2019
USD (in Million) %
United States 32.02 79%
Mexico 8.52 21%
Managers
Name Age Since Title
Yubao Li 37 2020 Chairman, President & Chief Executive Officer
Jana M. Schwan 42 2020 Chief Operations Officer
Jennifer Connerty 38 2020 Chief Financial Officer
Bret Tayne 60 1997 Independent Director
John M. Klimek 60 2013 Independent Director
Art Gisonni 51 2019 Director
Yaping Zhang 29 2020 Independent Director
Wan Zhang 31 2020 Independent Director
Samuel Komar 63 2008 Vice President-Sales & Marketing
Equities
Vote Quantity Free-Float Company-owned shares Total Float
Stock A 1 5,099,565 2,652,820 52.0% 43,658 0.9% 52.0%
Shareholders
Name Equities %
John H. Schwan 1,003,439 21.0%
Stephen M. Merrick 826,800 17.3%
Yubao Li 400,000 8.39%
Art Gisonni 140,000 2.94%
Perritt Capital Management, Inc. 81,200 1.70%
RBC Capital Markets LLC 54,320 1.14%
Bank of America, NA (Private Banking) 50,452 1.06%
Renaissance Technologies LLC 49,300 1.03%
First New York Securities LLC 46,962 0.98%
LaSalle National Bank 46,952 0.98%
Company contact information
Yunhong CTI Ltd.
22160 North Pepper Road
Lake Barrington, IL 60010
Phone : +1.847.382.1000
Fax : +1.847.382.1219
Web : www.ctiindustries.com
KarlDieGlatze
4 años hace
WTF is KarldieGlatze? When my close friend, a shrewd Japanese work horse and investment adviser during our Prudential Securities Days made the trek all the way to Wells Fargo post Buffett's "Great Recession," all part of the Wachovia rescue including its Goldman connected CEO from the depths of hell, he would ask me to help him educate his analyst, Jennifer Fritzsche, about The Level 3 Business Model including posing questions as well as answers directly to her. She was a whore for The Monopolists tREX and vzSAURUS back then, and we couldn't help but to refer to her that way.
Fast forward and she is the only BULL ANALYST on "CLINK's" Storey today? Did I say not to refer to them as Colonel "CLINK" any more? It's bad marketing and bad press including another word, Cluck, which comes to mind.
It hasn't helped, but Storey can thank me for Jennifer being on his side today. As for my buddy, Kikuchi, who was taken "WAYTOOEARLY" from his life, God rest his wonderful soul.
In the long term, we're all DEAD, Jeff. You need to get this dog of a stock price moving!
The scuttle buttle being bandied about is that a private meeting is about to occur between Storey and Fritzsche during an ongoing quiet period that relates to bells going off in her head surrounding 5G and unrecognized values to finally be released.
https://www.linkedin.com/in/jennifer-fritzsche-665a156/
Of course, I have advised The Storey to get in touch with Charlie Ergen of Dish a long time ago now(5G Spectrum no strings attached), but nothing significant has developed from what could be a match made in heaven for the two of them based upon my research.
How the market cap that continues to exist for this amazing enterprise at under $11B today, continues to be one of the greatest mysteries of my investment career except for what it is that I can't possibly know?
What is that when comparing peers and the entire competitive landscape?