YUNHONG CTI LTD

Yunhong Green CTI has appointed Fred H.F. Chak as a member of the board of directors, the company said in an SEC filing. Philip Wong also resigned; the board selected Iris Chan as an independent member and new chair of the audit committee until the 2026 annual general meeting. An analysis suggests the stock may be undervalued at its current level. » Altro su de.investing.com

The board of Yunhong Green CTI has accepted Philip Wong’s resignation and on 19 January appointed Iris Chan as an independent member and new chair of the audit committee until the 2026 annual general meeting. The company also reports a partial unwind of a purchase agreement with Yunhong Technology Industry (Hubei), under which 175,000 previously issued shares were taken back and cancelled without consideration. In November 2025 the board had already appointed Jeffrey Leader as an independent member. » Altro su de.investing.com

Yunhong Green CTI did not receive the operational support under an asset purchase agreement and on December 2, 2025 rescinded the relevant part of the agreement. As a result, 175,000 issued shares were returned to the company and cancelled; no cash consideration was paid and the obligation was released. The company also reported the appointment of Jeffrey Leader as an independent director and plans a 10-to-1 share consolidation to take effect on October 1, 2025. » Altro su de.investing.com