Future FinTech Group Inc., through its subsidiaries, operates a real-name block chain e-commerce platform that integrates block chain and internet technology in People's Republic of China. It operates through CCM Shopping Mall Membership, Sales of Goods, and Others segments. The company offers Chain Cloud Mall (CCM), an enterprise customer interactive and comprehensive shopping and sales service platform; NONOGIRL, a cross-border e-commerce platform; and DCON, a block chain-based application incubator and a digital payment system. It also engages in the development of block chain-based e-commerce and financial technology; and provides technical services and support for real name and blockchain based assets. The company was formerly known as SkyPeople Fruit Juice, Inc. and changed its name to Future FinTech Group Inc. in June 2017. Future FinTech Group Inc. is headquartered in Beijing, the People's Republic of China.
IPO Year:
Exchange: NASDAQ
Website: ftftex.com
8-K - Future FinTech Group Inc. (0001066923) (Filer)
8-K - Future FinTech Group Inc. (0001066923) (Filer)
10-K - Future FinTech Group Inc. (0001066923) (Filer)
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8-K - Future FinTech Group Inc. (0001066923) (Filer)
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8-K - Future FinTech Group Inc. (0001066923) (Filer)
8-K - Future FinTech Group Inc. (0001066923) (Filer)
8-K - Future FinTech Group Inc. (0001066923) (Filer)
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NEW YORK, Aug. 9, 2024 /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, today announced that its Board of Directors (the "Board") approved the appointment of Mr. Hu Li as Chief Executive Officer ("CEO"), President and a member of the Board of the Company, effective August 5, 2024. Mr. Li will be fully responsible for the operation and management of the Company, helping it to expand internationally, manage its investment and financi
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. Mr. Lei will be fully responsible for managing the Company's operations, helping it to grow its supply chain financing and service business and promoting FTFT's continued strategic transformation. Mr. Lei replaces Mr. Yang Liu as COO, while Mr. Liu still holds various positions with the subsidiaries of the Company.
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"). The former Chief Strategy Officer of the Company, Mr. Weichen Pan, has resigned from this position due to personal reasons. Mr. Lind will be responsible for the Company's strategic planning, international partnering, M&A and development of its cryptocurrency financial ser
NEW YORK, Dec. 2, 2024 /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, today announced an update of the Company's Blockchain Business Division. The division was established in December 2021 to manage its existing blockchain business to include its development as well as the execution of its strategic growth plan. The new focus of the Blockchain Business Division will be to develop and grow new blockchain businesses such as high-pe
MIAMI BEACH, Fla., Aug. 30, 2024 /PRNewswire/ -- FT Global Capital, Inc. ("FT Global"), a Miami Beach-based registered broker-dealer and investment banking firm, announced today that it has stepped up its enforcement efforts to collect on $10.8 million Judgment against Future FinTech Group Inc. (NASDAQ:FTFT) ("Future FinTech"). On January 14, 2021, FT Global brought this lawsuit based on Future FinTech's failure to pay fees after raising over $80 million from investors that FT Global introduced to Future FinTech. On April 16, 2024, the U.S. District Court for the Northern District of Georgia entered an Amended Judgment in favor of FT Global against Future FinTech in the approximate amount o
NEW YORK, Aug. 9, 2024 /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, today announced that its Board of Directors (the "Board") approved the appointment of Mr. Hu Li as Chief Executive Officer ("CEO"), President and a member of the Board of the Company, effective August 5, 2024. Mr. Li will be fully responsible for the operation and management of the Company, helping it to expand internationally, manage its investment and financi
NEW YORK, April 30, 2024 /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 April 15, 2024, its wholly-owned subsidiary, FTFT SuperComputing Inc. ("FTFT SuperComputing"), signed a data mining hosting agreement (the "Agreement") with Tech Solution Inc. ("Tech Solution") which stipulates that FTFT SuperComputing will provide hosting services for Tech Solution's Bitcoin miners on its cryptocurrency farm in Norwalk, Ohio.
NEW YORK, March 26, 2024 /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 March 15, 2024, its wholly-owned subsidiary, FTFT SuperComputing Inc. ("FTFT SuperComputing"), signed a data mining hosting agreement (the "Agreement") with Teracrypto Technology LLC ("Teracrypto") which stipulates that FTFT SuperComputing will provide hosting services for Teracrypto's bitcoin models on its cryptocurrency farm in Norwalk, Ohio.
NEW YORK, Jan. 17, 2024 /PRNewswire/ -- On January 11, 2024, the Securities and Exchange Commission (the "SEC") filed a civil lawsuit alleging civil violations of the federal securities laws against Mr. Shanchun Huang, the Chief Executive Officer of Future FinTech Group Inc. ("Future FinTech" or the "Company") for what the Commission contends was manipulative trading in the stock of Future FinTech before Mr. Huang became Future FinTech's CEO in 2020. The Commission also claims that Mr. Huang did not disclose his beneficial ownership of Future FinTech stock as well as transactions in such stock. Mr. Huang, through his lead attorney, Jacob Frenkel, Chair of the Securities Enforcement and Gover
NEW YORK, Jan. 16, 2024 /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 its Board of Directors (the "Board") held a meeting on January 15, 2024 to respond to allegations made to its Chief Executive Officer ("CEO") by the Securities and Exchange Commission (the "SEC"). The Board agreed to establish an independent committee to review and investigate the allegations made by SEC. The Board also imposed restrictions on the CEO to trade in the Company's stock during the pendency of the litigation. In addition, the Board decided to prov
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"). The names of the two entities were subsequently changed to 'FTFT International Securities and Futures Limited' and 'FTFT Information Services (Shenzhen) Co. Ltd.', respectively.
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. The event was held to show our appreciation to our customers per the special lottery event that we held in June 2023 to celebrate the festival of Eid al-Adha. Prizes that FTFT UK offered to its valued customers include
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. Upon arrival, Mr. Barchini, the Minister of Justice of Paraguay, personally welcomed Mr. Huang and his entourage with diplomatic courtesy. On the morning of August 15, 2023, Mr. Huang attended the inauguration ceremony for Santiago Pena, who was sworn in as the new president of Paraguay. Dignitaries from many cou
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"). The names of the two entities were subsequently changed to 'FTFT International Securities and Futures Limited' and 'FTFT Information Services (Shenzhen) Co. Ltd.', respectively.
NEW YORK, Aug. 30, 2021 /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 held an operations update video conference call on August 20, 2021. It was attended by CEO Shanchun Huang, COO Yang Liu, CIO Xiaochen Zhao, Head of FTFT's Future Commercial Group Ltd. Jie Han, and Honorary Chief Economist of the Company Dr. Finn E. Kydland, Nobel Laureate in Economics. Future FinTech COO Yang Liu hosted the call and commented on FTFT's recent operations, "As of mid-August, we have made significant progress in imple