THT HEAT TRANSFER TECHNOLOGY, INC. (OTCMKTS:THTI) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.
On November 27, 2018, Mr. Zhigang Xu informed the Board of Directors of THT Heat Transfer Technology, Inc. (the “Company”) that he resigned as the Company’s interim Chief Financial Officer, effective immediately. His resignation is not in connection with any known disagreement with the Company on any matter. The Board of Directors has been actively searching for a replacement.
About THT HEAT TRANSFER TECHNOLOGY, INC. (OTCMKTS:THTI)
THT Heat Transfer Technology, Inc. is a holding company. The Company’s primary business is conducted through its subsidiaries, Siping City JuyuanHanyang Plate Heat Exchanger Co. Ltd. (SipingJuyuan) and Beijing JuyuanHanyang Heat Exchange Equipment Co., Ltd. (Beijing Juyuan). The Company is engaged in the manufacturing and trading of plate heat exchangers and various related products. The Company’s products include plate heat exchangers, heat exchanger units, air-cooled heat exchangers and shell-and-tube heat exchangers, welded plate heat exchangers, and plate-and-shell heat exchangers. The Company’s products and heat exchange solutions are sold to customers in the chemical, metallurgical and shipbuilding industries and its products are also used with heating, ventilation and air conditioning systems (HVAC) and district heating systems. Its manufacturing facilities are based in Siping City, Jilin Province, China and Tianjin City.