Future FinTech Group

Future FinTech Group, Inc. is a holding company, which engages in the operation of a real name blockchain based e-commerce platform. Its activities include a blockchain-based online shopping mall platform, Chain Cloud Mall (CCM), a cross-border e-commerce platform (NONOGIRL), an incubator for blockchain based application projects, and a digital payment system (DCON). It operates through the following segments: CCM Shopping Mall Membership, Coals and Aluminum Ingots Supply Chain Financing/Trading, Asset Management Service, and Others. The company was founded on June 29, 1998 and is headquartered in New York, NY.

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The SEC claims Huang bought more than 530,000 shares over a two-month period and traded at a volume large enough to represent a high percentage of the stock's overall daily volume.

SEC Charges Future FinTech Group CEO Huang With Manipulative Trading

Washington, D.C.--(Newsfile Corp. - January 11, 2024) - The Securities and Exchange Commission today charged Shanchun Huang with manipulative trading in the stock of Future FinTech Group Inc., using an offshore account shortly before he became Future FinTech's CEO in 2020.

SEC Charges Future FinTech CEO Shanchun Huang With Fraud and Disclosure Failures

NEW YORK , Nov. 13, 2023 /PRNewswire/ -- Future Fintech Group Inc. (NASDAQ: FTFT), (hereinafter referred to as "Future FinTech", "FTFT" or the "Company"), a comprehensive financial and digital technology service provider, announced today that on November 7, 2023, its wholly-owned subsidiary, Future FinTech (Hong Kong) Limited ("FTFT HK"), completed the acquisition of Alpha International Securities (Hong Kong) Ltd. ("Alpha HK") and Alpha Information Services Shenzhen Limited ("Alpha SZ").

Future FinTech Announces the Closing of the Acquisition of Alpha International Securities (Hong Kong) Ltd.

NEW YORK , Sept. 13, 2023 /PRNewswire/ -- Future Fintech Group Inc. (NASDAQ: FTFT), (hereinafter referred to as "Future FinTech", "FTFT" or the "Company"), a comprehensive financial and digital technology service provider, announced today that FTFT Finance UK Limited ("FTFT UK"), its wholly-owned cross-border remittance services company in the United Kingdom, sponsored an awards ceremony on September 9, 2023, at Royal Nawaab Perivale, a prominent Pakistani restaurant in London.

Future FinTech's 'FTFT PAY' Sponsors Awards Ceremony

NEW YORK , Aug. 23, 2023 /PRNewswire/ -- Future Fintech Group Inc. (NASDAQ: FTFT), (hereinafter referred to as "Future FinTech", "FTFT" or the "Company"), a comprehensive financial and digital technology service provider, announced today that Mr. Huang Shanchun, Chief Executive Officer of the Company, has been invited to attend the inauguration ceremony of the President of Paraguay.

Future FinTech CEO Attends Inauguration Ceremony for the President of Paraguay

NEW YORK , Aug. 2, 2023 /PRNewswire/ -- Future Fintech Group Inc. (NASDAQ: FTFT), (hereinafter referred to as "Future FinTech", "FTFT" or the "Company", a comprehensive financial and digital technology service provider, announced today that on July 28, 2023, it appointed Mr. Peng Lei as the Chief Operating Officer ("COO") of the Company.

Future FinTech Appoints Peng Lei as Chief Operating Officer

NEW YORK , June 26, 2023  /PRNewswire/ -- Future Fintech Group Inc. (NASDAQ: FTFT), (hereinafter referred to as "Future FinTech", "FTFT" or the "Company", a comprehensive financial and digital technology service provider, announced today that FTFT Finance UK Limited, its wholly-owned cross-border remittance services payment company in the UK, is offering its clients across the United Kingdom promotions and a special lottery event from June 19 - June 28, 2023 to celebrate the festival of Eid al-Adha. Eid al-Adha is the second and the largest of the two main holidays celebrated in Islam, and will be celebrated from the evening of June 27, 2023 to the evening of June 28, 2023.

Future FinTech's UK Payment Remittance Subsidiary Conducts Festival Promotional Events

NEW YORK, April 24, 2023 /PRNewswire/ -- Future FinTech Group Inc. (NASDAQ: FTFT) ("hereinafter referred to as "Future FinTech", "FTFT" or the "Company"), a blockchain application technology developer and a fintech service provider, announced today that on April 21, 2023, it received a written notification from the NASDAQ Stock Market Listing Qualifications Staff (the "Staff") indicating that the Company has regained compliance with the periodic filing requirement for The Nasdaq Stock Market under Listing Rule 5250(c)(1). On April 18, 2023, the Company received a letter from the Staff stating that it was not in compliance with Nasdaq Listing Rule 5250(c)(1) as a result of it not having timely filed its Annual Report on Form 10-K ("Form 10-K") for the fiscal year ended December 31, 2022 with the Securities and Exchange Commission.

Future FinTech Group Regains Compliance with NASDAQ Listing Requirements

NEW YORK , April 19, 2023 /PRNewswire/ -- Future FinTech Group Inc. (NASDAQ: FTFT) ("hereinafter referred to as "Future FinTech", "FTFT" or the "Company"), a blockchain application technology developer and a fintech service provider, announced today that on April 18, 2023, it received a letter from the Listing Qualifications Department of the Nasdaq Stock Market ("Nasdaq") stating that it was not in compliance with Nasdaq Listing Rule 5250(c)(1) as a result of it not having timely filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2022 (the "2022 10-K") with the Securities and Exchange Commission ("SEC"). The Nasdaq notification letter provides the Company with 60 calendar days, or until June 20, 2023, to submit to Nasdaq a plan to regain compliance in accordance with Nasdaq's listing requirements.

Future FinTech Group Receives NASDAQ Notification of Noncompliance with Listing Rule 5250(c)(1)

NEW YORK , March 1, 2023 /PRNewswire/ -- Future FinTech Group Inc. (NASDAQ: FTFT) ("hereinafter referred to as "Future FinTech", "FTFT" or the "Company"), a blockchain application technology developer and a fintech service provider, announced today that on February 27, 2023, Future FinTech (Hong Kong) Limited ("FTFT HK"), a wholly owned subsidiary of the Company, signed a Share Transfer Agreement (the "Agreement") with Alpha Financial Limited ("Alpha Financial"), a firm based in Hong Kong, to acquire its wholly owned subsidiaries Alpha International Securities (Hong Kong) Ltd. ("Alpha HK"), a company incorporated in Hong Kong and Alpha Information Service Shenzhen Co., Ltd.

FTFT Announces Acquisition Agreement of Alpha International Securities (Hong Kong) Ltd.

NEW YORK , Oct. 25, 2022 /PRNewswire/ -- Future FinTech Group Inc. (NASDAQ: FTFT) ("hereinafter referred to as "Future FinTech", "FTFT" or "the Company"), a blockchain application technology developer and a fintech service provider, announced today that FTFT UK Limited ("FTFT UK"), a company organized under the laws of United Kingdom and a wholly owned subsidiary of the Company, has officially launched the FTFT Orbit e-wallet app. The new app is now available on Google Play and the Apple App Store.

Future FinTech Announces Launch of FTFT Orbit App

NEW YORK , Oct. 3, 2022 /PRNewswire/ -- Future FinTech Group Inc. (NASDAQ: FTFT) ("hereinafter referred to as "Future FinTech", "FTFT" or "the Company"), a blockchain application technology developer and a fintech service provider, announced today that on September 29, 2022, FTFT UK Limited ("FTFT UK"), a company organized under the laws of the United Kingdom and a wholly owned subsidiary of the Company, closed on the acquisition of Khyber Money Exchange Ltd. ("Khyber Exchange"), a money transfer company.

Future FinTech Announces Closing of Khyber Exchange Acquisition

NEW YORK , Sept. 12, 2022 /PRNewswire/ -- Future FinTech Group Inc. (NASDAQ: FTFT) ("hereinafter referred to as "Future FinTech", "FTFT" or "the Company"), a blockchain application technology developer and fintech service provider, announced that Future FinTech Labs ("FTFT Labs"), a wholly subsidiary of the Company, has teamed up with Currency Cloud Inc. ("Currencycloud"), a subsidiary of Visa and a global payment platform that is registered with FinCen and is licensed for money transmission in various states in the US, to launch the remittance app Tempo to offer US-based immigrants and others a streamlined, secure and cost-effective way to send money from the US to North America (Canada and Mexico), Europe (Austria, Belgium, Czech Republic, France, Germany, Hungary, Italy, Poland, Portugal, Spain, Sweden and the United Kingdom), Australia, India and the Philippines.

FTFT's Future FinTech Labs Partners with Currencycloud to Launch the Low-Cost Remittance App Tempo

A subsidiary of a blockchain application technology developer is moving forward in its acquisition bid for a Korean financial services firm that provides online brokerage services, IPOs and other related services. Future FinTech Hong Kong Limited (FTFT HK), a wholly owned subsidiary of Future FinTech Group Inc.

Future FinTech Unit Advances Move to Add Alpha Intl Securities

NEW YORK , Sept. 8, 2022 /PRNewswire/ -- Future FinTech Group Inc. (NASDAQ: FTFT) ("hereinafter referred to as "Future FinTech", "FTFT" or "the Company"), a blockchain application technology developer and a fintech service provider, announced today that on September 1, 2022, Future FinTech (Hong Kong) Limited, a wholly owned subsidiary of the Company ("FTFT HK"), signed a  Memorandum of Understanding for Equity Acquisition (the "MOU") to acquire Alpha International Securities (Hong Kong) Ltd.

FTFT Signs MOU to Acquire Alpha International Securities

NEW YORK , Aug. 25, 2022 /PRNewswire/ -- Future FinTech Group Inc. (NASDAQ: FTFT) ("hereinafter referred to as "Future FinTech", "FTFT" or "the Company"), a blockchain application technology developer and a fintech service provider, announced today that FTFT UK Limited ("FTFT UK"), a company organized under the laws of United Kingdom and a wholly owned subsidiary of the Company, participated in eight orientation meetings in Beijing, Shanghai, Hangzhou and Shenzhen for Chinese students entering study abroad programs in the UK. These meetings were organized by the University of Manchester and 21 other universities located in the Manchester area in the UK.

FTFT UK Plans E-Wallet 'Orbit' Launch for Chinese Students Studying In UK

The U.K. subsidiary of blockchain app tech developer Future FinTech Group (FTFT) has gotten permission from the Financial Conduct Authority (FCA) to acquire money transfer firm Khyber Money Exchange. FTFT UK Limited (FTFT UK) signed a definitive agreement last September to acquire 100% of Khyber from Rahim Shah for 685,000 euros (roughly $687,300), according to a press release on Friday (Aug. 19).

UK FCA OKs Future Fintech's Purchase of London Money Transfer Firm

NEW YORK ,  Aug. 19, 2022 /PRNewswire/ -- Future FinTech Group Inc. (NASDAQ: FTFT) ("hereinafter referred to as "Future FinTech", "FTFT" or "the Company"), a blockchain application technology developer and a fintech service provider, announced today that on August 16, 2022, FTFT UK Limited ("FTFT UK"), a company organized under the laws of United Kingdom and a wholly owned subsidiary of the Company received approval from the Financial Conduct Authority ("FCA"), a financial regulatory body in the United Kingdom, to acquire Khyber Money Exchange Ltd. ("Khyber Exchange").

Future Fintech Receives Approval from UK Regulator to Acquire UK Money Payment Service Company

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NEW YORK , June 13, 2022 /PRNewswire/ -- Future FinTech Group Inc. (NASDAQ: FTFT) ("hereinafter referred to as "Future FinTech", "FTFT" or "the Company"), a blockchain application technology developer and fintech service provider, announced today that Nice Talent Asset Management Limited ("NTAM"), its 90%-owned Hong Kong-based asset management company, has become eligible to manage virtual assets under certain conditions and the asset class is below 10% of gross asset value of its portfolio. In order to engage in the management of virtual assets, NTAM shall comply with the regulatory requirements issued by the Securities and Futures Commission of Hong Kong ("SFC").

FTFT's Asset Management Business Eligible to Manage Virtual Assets

NEW YORK, March 24, 2022 /PRNewswire/ -- Future FinTech Group Inc. (NASDAQ: FTFT) ("hereinafter referred to as "Future FinTech", "FTFT" or "the Company"), a leading blockchain-based e-commerce business and a fintech service provider, announced today that its wholly-owned subsidiary Cloud Chain Network and Technology (Tianjin) Co., Ltd. ("Cloud Chain Network", formerly known as Chain Cloud Mall Network and Technology (Tianjin) Co., Limited) and the Anti-Counterfeiting Committee of the China Foundation of Consumer Protection (the "Anti-Counterfeiting Committee"), began the trial operation of its jointly developed Blockchain Quality and Safety Traceability System.

Future FinTech and China Foundation of Consumer Protection Begins Trial Operation of Blockchain Technology System

NEW YORK, March 1 7, 2022 /PRNewswire/ -- Future FinTech Group Inc. (NASDAQ: FTFT) ("hereinafter referred to as "Future FinTech", "FTFT" or "the Company"), a leading blockchain-based e-commerce business and a fintech service provider, announced today that the Company is avidly recruiting and hiring software engineers which includes those from Ukraine. FTFT currently employs Ukrainian software engineers and will be happy to consider additional applicants from Ukraine among those from other countries that also meet the Company's qualifications.

Future FinTech's Hiring Includes Software Engineers from Ukraine

NEW YORK, Feb. 24, 2022 /PRNewswire/ -- Future FinTech Group Inc. (NASDAQ: FTFT ) ("hereinafter referred to as "Future FinTech", "FTFT" or "the Company"), a leading blockchain-based e-commerce business and a fintech service provider, announced today that its subsidiary,  FTFT UK Limited ("FTFT UK"), has entered into an agreement with Mastercard to partner on the impending launch of the FTFT Orbit e-money platform and Orbit Debit Mastercard, issued via FTFT UK's partners. Mr.

Future Fintech Subsidiary FTFT UK Limited to Work with Mastercard for Launch of Orbit E-money Platform and New Debit Card

NEW YORK, Feb. 18, 2022 /PRNewswire/ -- Future FinTech Group Inc. (NASDAQ: FTFT) ("hereinafter referred to as "Future FinTech", "FTFT" or "the Company"), a leading blockchain-based e-commerce business and a fintech service provider, announced today that it has officially adopted a new logo for the Company. The new logo is intended to convey a symbol of FTFT's identity and core values which is to be a forward-thinking, technology-oriented, and evolutionary financial technology company.

Future FinTech Announces New Company Logo

NEW YORK, Jan. 6, 2022 /PRNewswire/ -- Future FinTech Group Inc. (NASDAQ: FTFT) ("hereinafter referred to as "Future FinTech", "FTFT" or "the Company"), a leading blockchain-based e-commerce business and a fintech service provider, announced today that it has appointed Mr. Ola J. Lind as Chief Strategy Officer of FTFT and the Chief Executive Officer of the Company's subsidiary, FTFT Capital Investments LLC ("FTFT Capital").

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