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Future FinTech Enters into Equity Acquisition Frame Agreement

Future FinTech Group Inc. (NASDAQ: FTFT) (“Future FinTech”, “FTFT” or “the Company”), announced today that the Company, through its wholly-owned subsidiary Future FinTech (Hong Kong) Limited, entered into an equity acquisition frame agreement (the “Agreement”) with Joyrich Enterprises Limited (“Joyrich”) on March 26, 2020. Pursuant to the Agreement, the Company plans to acquire no less than 51% equity interest of Nice Talent Asset Management Limited (“NTAM”), a legal entity organized under the laws of Hong Kong. The Agreement...

Future FinTech Announces Shanchun Huang as New CEO

Future FinTech Group Inc. (NASDAQ: FTFT; the “Company”), a company engages in blockchain based e-commerce, announced that its board of directors appointed Mr. Shanchun Huang (also known as Shawn Shanchun Huang) as the Company’s Chief Executive Officer and a director of the Board, effective March 4, 2020. Mr. Yongke Xue resigned as the Chief Executive Officer of the Company on March 4, 2020 but will remain as the Chairman of the Board of Directors of the Company (the “Board”). Mr. Huang has over 16...

Future FinTech Launches the Second-version of Global Shared Shopping Platform, Chain Cloud Mall v2.0

Future FinTech Group Inc. (FTFT)(“Future FinTech”, “FTFT” or “the Company”), a financial technology company and integrated producer of fruit-related products, announced the official launch of the second-version of its global  shared shopping platform, the Chain Cloud Mall v2.0 (CCM v2.0) on June 1, 2019. Owned and managed by FTFT and its wholly-owned subsidiary Chain Cloud Mall Network Technology (Tianjin) Co., Ltd., CCM v2.0 is a world’s leading sharing shopping platform that integrates blockchain and internet technology. As the...

Future FinTech Announces Submission of Compliance Plan to NASDAQ

Future FinTech Group Inc. (NASDAQ: FTFT; the “Company”), a financial technology company and integrated producer of fruit-related products, today announced that on June 14, 2019, the Company submitted its plan of compliance in connection with its failure to timely file the annual report on Form 10-K for the period ended December 31, 2018 and the quarterly report on Form 10-Q for the period ended March 31, 2019 (the “Delinquent Filings”) to NASDAQ. On April 17, 2019 and May 21, 2019, the Company received notification...

Future FinTech Announces Appointment of New Chief Financial Officer

Future FinTech Group Inc. (FTFT)(“Future FinTech”, “FTFT” or “the Company”), a financial technology company and integrated producer of fruit-related products, today announced Ms. Jing (Veronica) Chen has been appointed as the new Chief Financial Officer of the Company, effective on May 21, 2019. Ms. Chen is a seasoned executive with more than 20 years of experience in accounting, financial management, and general management of several public companies. Prior to joining Future FinTech, she served as the CFO of...

Future FinTech Group Regains Compliance with Nasdaq Minimum Bid Price Listing Requirement

Future FinTech Group Inc. (NASDAQ: FTFT; the “Company”), a financial technology company and integrated producer of fruit-related products, today announced that it has received a letter from the NASDAQ Listing Qualifications Staff notifying the Company that it has regained compliance with NASDAQ’s minimum bid price requirements for continued listing on the Nasdaq Capital Market. The letter noted that as a result of the closing bid price of the Company’s common stock having been at $1.00 per share or...

Future Fintech Publishes Investor Presentation on GlobalKey Blockchain SharedMall

Future FinTech Group Inc. (NASDAQ: FTFT), a financial technology company and integrated producer of fruit-related products, today published an investor presentation about its subsidiary GlobalKey Supply Chain Limited. The Company plans to use the presentation to discuss the business and development of its blockchain-based shared shopping mall in presentations to current and potential investors. The investor presentation is available on the Investor Relations section of the Company’s website at www.ftft.top. The investor presentation highlights the goals, strategies,...

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