Definitive Agreement
Yunhong International
- Registration2019-06-28 Filed S1
- IPO2020-02-14 IPO, search begins
- Definitive Agreement2021-05-14 Agreement for merger
- CompletedNot yet completed
- Raised
- $50M
- CIK
- 1773086
- SPAC Ticker
- ZGYHU
- Focus
- Consumer
SPAC Team
Leadership
Mr. Patrick Orlando has been serving as our Chief Executive Officer since January 2020 and previously was our Chief Financial Officer since September 2019. Mr. Orlando founded Benessere Capital, LLC, an investment consulting and investment banking firm in Miami, in October 2012 and has been serving as its Chief Executive Officer since then. At Benessere Capital, LLC, he has advised on fundraising, capital deployment, mergers and acquisitions, private placements in real estate, and products marketing. Mr. Orlando is the founder and has also been serving as the Chief Executive Officer of Benessere Enterprises Inc., a firm that specializes in investing and incubating startup companies involved in real estate, commodities trading and processing and energy, since April 2012. From March 2014 to August 2018, Mr. Orlando served as the Chief Financial Officer of Sucro Can Sourcing LLC, a sugar trading company he co-founded, where he managed all financial matters including bank lines, futures and hedging, and investment banking relationships. From November 2014 to August 2018, Mr. Orlando served as the Vice President of Sucro Can International LLC, a sugar processing company. From March 2011 to March 2014, Mr. Orlando served as the Managing Director and the Head of Structuring and Derivatives of BT Capital Markets, LLC, a boutique investment bank in Miami, Florida, where he was involved in managing global derivatives and structuring activities. From September 2006 to March 2011, Mr. Orlando served as Chief Technical Officer of Pure Biofuels Corporation, a renewable fuel corporation in Houston, Texas. From April 1998 to December 2003, Mr. Orlando served as the Director of Emerging Markets Derivatives of Deutsche Bank, where he advised institutional and private clients including Appaloosa, GMO, Fidelity Investments, and Pacific Investment Management Company on strategies. From August 1995 to March 1997, Mr. Orlando served as a derivatives trader of J.P. Morgan. In 1995, Mr. Orlando received his bachelor’s degree in Mechanical Engineering and bachelor’s degree in Finance from Massachusetts Institute of Technology.
Mr. Andrey Novikov has been serving as our Chief Financial Officer since January 2020 and previously was our Chief Executive Officer since September 2019. He has also been serving as a member of the Board of Directors at Innovative Payment Solutions, Inc. (OTC: QPAGD), a US-based provider of physical and virtual payment services in the Mexican Market, since April 2014. From January 2013 to October 2014, Mr. Novikov served as an advisor of QIWI PLC (NASDAQ: QIWI), a leading payment service provider in Russia, primarily responsible for the company’s international development and merger and acquisition transactions. From May 2008 to January 2014, Mr. Novikov served as a Vice President of QIWI PLC. He was also involved in strategic planning, budgeting, mergers and acquisitions, development of business plan, and attending Telecom conferences. From May 1999 to November 2007, Mr. Novikov served as the Deputy Director General of Bela Catarina Ltd., a Portuguese-Russian trading and manufacturing company, where he engaged in negotiations with foreign customers and partners, marketing in Russia and Belarus, and other business development and expansion activities. From June 1996 to May 1999, Mr. Novikov founded and managed Kvalitet Ltd., a trading company, where he was involved in business development and deliveries and sales technology. Mr. Novikov received a bachelor’s degree in Automated Systems of Technological Preparation of the Production from Moscow State University of Technology.
Mr. Yubao Li has been serving as the Chairman of our board of directors since our inception in January 2019 and served as our 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 Hubei. Since June 2018, Mr. Li has been serving as the Director of Photoproteins Research Centre at China’s Academy of Management Science, a research institute situated in Beijing where he supports innovation by defining the research focus of the group. Mr. Li has also been serving as officers and directors 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.
Ms. Biqin Shao has been serving as one of our directors as of the date of this prospectus. She has been serving an accounting manager of Hubei Yunhong Energy Group Co., Ltd., a Chinese nutrition company, since April 2016. From September 2012 to December 2015, Ms. Shao served as the Financial Manager of Shenzhen Yongyoule Trading Co., Ltd., a trading company in China. From September 2008 to November 2012, Ms. Shao served as an accounting assistant of Huawei Technologies Co., Ltd., a multinational technology company. Ms. Shao received a bachelor’s degree in Accounting from Hubei Radio and TV University in China. Due to her extensive analytical and board experience in the financial industry, we believe Ms. Shao is well qualified to serve as a Director.
Mr. Hao Yang has been serving as one of our directors as of the date of this prospectus. He has been serving as a consultant of Peking University since September 2019. Mr. Yang has over 11 years of experience in e-commerce and the internet of things. Mr. Yang has been serving as the Chairman and Chief Executive Officer of Beijing Chengdian Technology Co., Ltd., a company that integrates mobile internet into traditional businesses, since October 2015. The success of Beijing Chengdian Technology Co., Ltd. has led to the strategic partnerships with large high-tech corporations such as Baidu and Tencent. Mr. Yang received a bachelor’s degree in Computer Application Technology at Central University for Nationalities in 2011 and an EMBA at Peking University in 2016. Due to his extensive operational experience in the technology industry, we believe Mr. Yang’s is well qualified to serve as a Director.
Mr. Seydou Bouda has been serving as one of our directors as of the date of this prospectus. He has been serving as the Managing Director and the International Consultant of International Challenge Consulting and Advisory (ICCA), a consultancy firm engaged in consulting services with governments and businesses, since November 2018. Mr. Bouda has also been serving as a member of the Board of Directors of Société Générale Burkina Faso since July 2019. From November 2014 to October 2018, Mr. Bouda served as the Alternative Executive Director and then Executive Director of Africa Group II of World Bank Executive Board on behalf of Burkina Faso and 22 other African countries. From September 2011 to October 2014, Mr. Bouda served as the Ambassador Extraordinary and Plenipotentiary of Burkina Faso to the United States of America. From September 2008 to April 2011, Mr. Bouda served as the Minister of Health of Burkina Faso. Mr. Bouda served as the Minister of Civil Service and State Reform of Burkina Faso from June 2007 to September 2008. From June 2002 to June 2007, Mr. Bouda served as the Minister of Economy and Development of Burkina Faso. From November 2000 to May 2002, Mr. Bouda served as the Secretary General for the government and the Cabinet meetings of Burkina Faso. Mr. Bouda received his bachelor’s degree in Sociology and his master’s degree in Economics, Option Development Planning from University of Ouagadougou. Mr. Bouda also received a post-graduate diploma “Economist of Projects” from University of Montpellier I. Due to his extensive management experience and exceptional leadership, we believe Mr. Bouda is well qualified to serve as a Director.