On September 10, 2020, Yubao Li, Chairman of Yunhong CTI Ltd. was appointed as 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. 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.