"Carbon reduction can help China overtake in energy, automotive and other fields and achieve a leap in industrial competitiveness." On September 26, Han Fuling, professor of the School of Finance and Finance of Central University of Finance and Economics and director of the Institute of Finance and Securities, said at the "Yun Hong Green CTI NASDAQ Listing Ceremony Conference" held in Wuhan, Hubei Province, that the practice of the "dual carbon" strategy needs to optimize the energy structure and clear the industry, which can actually bring new strategic opportunities to CTI related enterprises.

Under the strategic opportunity of "double carbon" green development vigorously promoted by the state, some Wevin enterprises are counterattacking in domestic and international capital markets with core patents and forward-looking market layout. Yunhong Green CTI Co., LTD. (hereinafter referred to as "Yunhong Green CTI, stock code YHGJ"), a subsidiary of Yunhong Group headquartered in Wuxue City, Hubei Province, is a typical case.
China Business News reporter learned that in the previous North American time on September 25, Yunhong Green CTI held a rebranding ceremony at NASDAQ headquarters, which marked the smooth renaming of Yunhong Green CTI, the success of mergers and acquisitions, and the addition of 2 billion shares of registered capital, opening the capital into the field of biodegradable materials, to seize the market new milepost.
Xing Zhixin, general manager of Yunhong Group, said that at present, the company has the world's only fully degradable drip tube and the lowest cost fully degradable non-woven fabric two major products. "In the future, Yunhong Green CTI will use its technical accumulation and experience in the field of environmentally friendly materials to enter the field of medical devices and auto parts, thereby enhancing the company's strategic ecological position in the global field of environmentally friendly materials."
Share the development opportunities of the international capital market
Relevant information shows that Yunhong Green CTI is a NasdaQ-listed company of Yunhong Group, with a total share capital of 20.1 million US dollars. On January 3, 2020, Yunhong Group acquired 500,000 newly issued Class A convertible preferred shares of CTI for $5 million, becoming the controlling shareholder of 58% of the listed company.
Since then, the company has officially changed its name to Yunhong CTI Co., LTD., taking a key step for Yunhong Group to layout overseas capital markets. On August 28 this year, the company held an annual general meeting of shareholders and changed the company name to "Yunhong Green CTI".
According to reports, Yunhong Green CTI smoothly changed its name, successfully acquired and reorganized, and added 2 billion shares of registered capital. The funds raised will be used to acquire related enterprises in the upstream and downstream links of the biodegradable materials industry chain, build new factories and production lines, and supplement working capital.
"China's industrial development and technological development in the field of new energy is a global leader." In Han Fuling's view, at present, China has born a global industry giant in the battery field, the Ningde era with a market value of more than 1 trillion yuan, and the field of new energy vehicles has also emerged such as NiO and Xiaopeng, which are very popular in the market. "So if the world cuts emissions and decarbonizes emissions, it will be a huge opportunity for China's business and industrial development."
Han Fuling said that at the technical level, CTI patents are irreplaceable. Yunhong Green CTI has the absolute core patented technology to solve the problem of plastic substitution, because of the uniqueness and scarcity of the patented technology, it is easier to attract the target enterprises to negotiate and cooperate, and the patented technology will also become an important bargaining chip in negotiations.
"After listing, the financial strength of the enterprise is stronger, and it will expand to the field of resource utilization with mergers and acquisitions as the starting point, and seek diversified layout and coordinated development." Han Fuling said that with the increase in the number of enterprises obtaining real control rights, the performance of listed companies will be further improved and the market value of listed companies will be increased.
Jim Rogers, a famous American investor, financial giant and one of the founders of Quantum Fund, made a special trip to Wuhan to attend the launch ceremony, and jointly interpreted the typical cases of private enterprises in implementing the national revitalization of the real economy, developing the private economy and promoting rural revitalization with the participating experts and scholars. The new path, new experience and new achievements of building a modern real industry system led by digital development were shared.
Subsequently, Jim Rogers and Yunhong Group Chairman Li Yubao jointly signed a memorandum of cooperation, and decided to launch a $10 billion "China Track · International Private Equity Fund" globally to invest in "Yunhong Green CTI" and the growth enterprises in the new track mentioned by Jim Rogers in the "China Track".
Focus on cutting-edge areas such as new energy vehicles
Xing Zhixin said that after the successful merger and reorganization of Yunhong Green CTI, it will continue to deepen the field of green environmental protection and focus on technological innovation in the field of environmental protection, so as to fully promote the rise of environmental protection products in the international market, especially the acquired Yunhong Environmental Protection Technology Company (hereinafter referred to as "Yunhong Environmental Protection") has complete independent intellectual property rights in the research and development of biodegradable materials technology. It will help the industrialization and cluster development of biodegradable materials in capital layout.
Yunhong Environmental plans to gradually put into production a production line of fully degradable materials in the next five years, with an estimated annual output of 2 million tons, Xinhua reported. This production plan will double the domestic production capacity of similar materials and is expected to become one of the world's largest producers of fully degradable materials. Forecast data show that in the first year after the successful operation of the enterprise, the revenue of the year can reach 13 billion yuan, and the net profit can reach 4 billion yuan, thus promoting the enterprise valuation to 240 billion yuan.
Up to now, six fund management companies including Sequoia Capital have signed a series of cooperation agreements with Yunhong Group and its affiliates on the environmental protection industry.
It is worth noting that in the context of the rapid development of the domestic new energy vehicle market, Yunhong Green CTI is vigorously developing full biodegradable materials at the same time, but also set its sights on four major areas such as new energy auto parts.
"In terms of car ownership data, the latest figure for China is over 200 cars per 1,000 people. China is now the world's largest car manufacturer and has the world's largest car market." "Han Fuling said.
According to Xing Zhixin, the replacement of modified plastics for the interior, exterior and engine systems of new energy vehicles is one of the main areas of focus for the company in the future. The core applications of Yunhong Environmental protection in the automotive field are mainly the bumper, grille, external column in the exterior decoration, the seat in the interior, the trim and the fan in the engine system, and the automobile air filter.
It is understood that the other three areas that Yunhong Environmental protection will focus on in the future include: replacing disposable dropers and other plastics in the medical field with PLA degradable plastics, non-woven fabrics such as respirator protective clothing, replacing traditional plastic mulch with fully biodegradable mulch, and replacing disposable tableware, shopping bags and food cling film with fully biodegradable materials.
Li Yubao said that Yunhong Group will establish a green environmental protection industrial park on a global scale to open a new pattern of green, ecological and sustainable industrial development, and Yunhong Green CTI will deeply cultivate the field of green environmental protection and make positive contributions to the innovation of environmental protection technology and global environmental protection governance.