Company Description
Yunhong Green CTI Ltd. (Nasdaq: YHGJ) is a manufacturing company in the plastics packaging film and sheet industry, with a focus on custom film products, foil and latex novelty balloons, flexible packaging products, candy and balloon-inspired gift solutions, and the development and commercialization of compostable, biodegradable and recyclable materials. The company describes itself in multiple disclosures as one of the leading manufacturers and marketers of foil balloons and custom film packaging products, and as a producer of laminated and printed films for commercial uses. It markets its products throughout the United States and in several other countries.
According to its public statements, Yunhong Green CTI’s business spans several product categories. These include foil balloons, commercial film products, and balloon-inspired gift items, as well as candy and balloon gift solutions. The company also reports that it distributes balloon-inspired and other gift items and continues development of compostable material solutions. Over time, it has expanded these efforts into biodegradable and compostable materials and finished products, and it has highlighted offerings such as biodegradable and compostable resins and finished products aimed at consumer and commercial applications.
Yunhong Green CTI operates in the manufacturing sector, with its principal executive offices located in Lake Barrington, Illinois, as disclosed in its SEC filings. The company’s common stock trades on The Nasdaq Capital Market under the symbol YHGJ. In its filings and news releases, Yunhong Green CTI notes that it produces laminated and printed films for commercial uses and flexible packaging products, which aligns with its classification in plastics packaging film and sheet manufacturing.
Product and material focus
Public disclosures describe three main product areas that contribute to Yunhong Green CTI’s operations: foil balloons, film products, and other items such as balloon-inspired gifts and candy and balloon gift solutions. The company reports that it manufactures custom film packaging products and novelty balloons, and that it has been investing in robotic technology and automation in its manufacturing processes. In addition, Yunhong Green CTI highlights ongoing prototype development and sampling of compostable material solutions through Yunhong Biotech, as well as biodegradable and compostable materials and finished products.
In news related to the China International Import Expo, Yunhong Green CTI states that its products include biodegradable and compostable resins and finished products such as shopping bags, grocery bags, rolled clear bags for food, trash bags, large bin liners, garment bags, takeaway bags, mailing and shipping bags, and other consumer and commercial products and applications. The company also notes that these compostable materials are intended as alternatives to many materials that are disposed of in landfills, and that they are designed to enhance environmental sustainability.
Corporate relationships and international footprint
Yunhong Green CTI is part of the broader Yunhong Group family of companies. Public communications explain that Yunhong Group Co., Ltd. is a large enterprise group based in Hubei Province, China, with multiple industrial parks and an integrated industrial ecological chain, and that it holds ownership interests in several listed companies, including Yunhong Green CTI Ltd. on Nasdaq. Yunhong Green CTI has also announced the formation of a China-based subsidiary, Yunhong Technology Industry (Hubei) Co., Ltd., and the intended acquisition of a fully equipped operating facility in Hubei Province to advance the business of compostable, biodegradable and recyclable materials. The company has stated that this facility is expected to serve as its China headquarters and to strengthen its connection with Yunhong Group.
Through these relationships, Yunhong Green CTI has indicated that it seeks to leverage Yunhong Group’s platform and ecosystem of enabling technologies and manufacturing capabilities. The company has also participated, together with Yunhong Biotechnology, Inc., in international events such as the China International Import Expo, where it has displayed patented compostable, biodegradable and recyclable materials.
Stock listing, governance and recent corporate actions
Yunhong Green CTI’s common stock is listed on The Nasdaq Capital Market under the symbol YHGJ, as confirmed in its SEC filings and news releases. The company has reported receiving non-compliance notifications from Nasdaq related to delays in filing its Form 10-Q for periods in 2024, which it attributes to the suspension of its prior independent registered public accounting firm from appearing or practicing before the SEC. In response, Yunhong Green CTI engaged a new audit firm and described plans submitted to Nasdaq to regain compliance with listing standards.
In its proxy materials and subsequent Form 8-K filings, the company reports that shareholders approved, and the Board of Directors ratified, a 1-for-10 reverse stock split of its common stock, along with a corresponding reduction of authorized shares. The reverse stock split is described as becoming effective at a specified time, with the stock expected to trade on a split-adjusted basis under the existing symbol YHGJ and a new CUSIP number. The company states that the reverse stock split affects all stockholders uniformly, does not change the par value of the common stock, and that no fractional shares will be issued, with cash paid in lieu of fractional shares.
Yunhong Green CTI’s definitive proxy statement and related filings also describe governance matters such as the election of directors, ratification of auditors, and shareholder voting results. The company has disclosed appointments and departures of directors and officers, as well as the engagement of a consulting firm to assess and develop strategic alternatives, including potential new revenue sources, cost reductions, and merger and acquisition options.
Financial reporting and performance context
In its public earnings releases, Yunhong Green CTI provides net sales and net income or loss figures, as well as segment information by product category. The company has highlighted revenue contributions from foil balloons, film products, and other categories such as balloon-inspired gift items. It has also discussed factors affecting its business, including helium pricing trends, seasonality related to holidays and events, and variability in commercial film sales. The company presents both GAAP results and non-GAAP measures such as Adjusted EBITDA, explaining that these metrics are used by management and the board of directors to evaluate core operating performance and to prepare budgets and operating plans.
Yunhong Green CTI’s balance sheet information, as disclosed in its financial statements, shows current assets such as cash and equivalents, accounts receivable, inventories and other current assets, along with property, plant and equipment and noncurrent assets. The company also reports current and noncurrent liabilities, including trade payables, lines of credit, notes payable, subordinated notes, and operating lease liabilities, as well as shareholders’ equity. These disclosures provide investors with insight into the company’s capital structure and financial position over time.
Environmental and sustainability focus
A recurring theme in Yunhong Green CTI’s public communications is the development of compostable, biodegradable and recyclable materials aimed at enhancing environmental sustainability. The company, together with Yunhong Biotechnology, Inc., has described patented compostable materials and proprietary technology that have obtained various certifications, including LFGB certification in China, CE certification through an Italian institute, and compliance with international standards such as EN13432, OK Compost, OK compost Home, ASTM D6400, AS5810, and GB/T38082-2019. Yunhong Green CTI positions these materials as compostable alternatives to conventional materials used in products like bags and liners.
Through its China-based subsidiary and participation in international trade events, the company has indicated its intention to advance the development and commercialization of scalable compostable material technologies. It has also described its efforts as part of a broader goal to provide advanced materials to businesses and consumers seeking options that support environmental sustainability.
Company status
Based on the available SEC filings and news releases, Yunhong Green CTI Ltd. continues to operate as a manufacturing company listed on The Nasdaq Capital Market under the symbol YHGJ. The filings provided do not include forms indicating delisting or deregistration, such as Form 25 or Form 15, and instead reference ongoing listing matters, corporate governance actions, and financial reporting.
FAQs about Yunhong Green CTI Ltd. (YHGJ)
- What does Yunhong Green CTI Ltd. do?
Yunhong Green CTI Ltd. describes itself as a manufacturer and marketer of custom film packaging products, foil and latex novelty balloons, flexible packaging products, candy and balloon-inspired gift solutions, and biodegradable and compostable materials and finished products. It also produces laminated and printed films for commercial uses and distributes balloon-inspired and other gift items. - In which industry and sector does Yunhong Green CTI operate?
The company is classified in the plastics packaging film and sheet (including laminated) manufacturing industry and operates within the broader manufacturing sector, as reflected by its product focus on film, packaging, and related items. - Where is Yunhong Green CTI headquartered?
According to its SEC filings, Yunhong Green CTI Ltd. has its principal executive offices on North Pepper Road in Lake Barrington, Illinois, in the United States. - On which exchange does YHGJ trade?
Yunhong Green CTI’s common stock trades on The Nasdaq Capital Market under the ticker symbol YHGJ, as stated in its news releases and SEC reports. - What are Yunhong Green CTI’s main product categories?
The company reports three primary product categories in its financial disclosures: foil balloons, film products, and other items, which include balloon-inspired gift items. In various news releases, it also refers to custom film packaging products, novelty balloons, flexible packaging products, candy and balloon gift solutions, and compostable materials and finished products. - How is Yunhong Green CTI involved in compostable and biodegradable materials?
Yunhong Green CTI states that it is engaged in the continued development of compostable material solutions and has expanded into biodegradable and compostable materials and finished products. Together with Yunhong Biotechnology, Inc., it has presented patented compostable, biodegradable and recyclable materials and described products such as compostable resins and various types of bags and liners. - What is the relationship between Yunhong Green CTI and Yunhong Group?
Public information explains that Yunhong Group Co., Ltd. is a large enterprise group based in Hubei Province, China, and that it holds ownership interests in several listed companies, including Yunhong Green CTI Ltd. Yunhong Green CTI is described as part of the Yunhong Group family of companies and has formed a China-based subsidiary to strengthen its connection with Yunhong Group and to advance compostable material technologies. - Has Yunhong Green CTI undertaken any recent corporate actions affecting its stock?
Yes. The company’s proxy materials and Form 8-K filings report that shareholders approved a 1-for-10 reverse stock split of the company’s common stock, along with an authorized share reduction. The reverse stock split is described as becoming effective at a specified time, with the stock trading on a split-adjusted basis under the existing symbol YHGJ and a new CUSIP number, and with cash payments in lieu of fractional shares. - Has Yunhong Green CTI received any Nasdaq compliance notices?
Yunhong Green CTI has disclosed receiving non-compliance notifications from The Nasdaq Capital Market related to its inability to file certain Form 10-Q reports on time, due to the suspension of its former independent registered public accounting firm from appearing or practicing before the SEC. The company has stated that it engaged a new audit firm and submitted plans to Nasdaq to regain compliance. - Does Yunhong Green CTI provide non-GAAP financial measures?
In its earnings releases, Yunhong Green CTI presents non-GAAP measures such as Adjusted EBITDA, which it defines as earnings before interest, taxes, depreciation and amortization, with additional adjustments for certain charges and benefits. The company explains that management and the board of directors use these measures to understand and evaluate core operating performance and to prepare budgets and operating plans, while also providing reconciliations to the closest GAAP measures.