Future FinTech Group Inc. filed SEC Form 8-K: Completion of Acquisition or Disposition of Assets, Financial Statements and Exhibits
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Item 2.01. Completion of Acquisition or Disposition of Assets.
On December 16, 2025, Future FinTech Group Inc. (the “Company”), through its wholly owned subsidiary Future Commercial Group Ltd. (the “Seller”), completed the disposition of 100% of the equity interests of Future Commercial Management (Hainan) Co., Ltd. (the “Subsidiary”) to Xi’an Yinshi Trading Co., Ltd. (the “Buyer”). The disposition was completed pursuant to a Share Transfer Agreement dated November 18, 2025 (the “Agreement”) among the Seller and the Buyer (the “Disposition”).
The assets disposed of consisted of all of the issued and outstanding equity interests of the Subsidiary, a PRC entity previously wholly owned and consolidated by the Company. Upon completion of the Disposition, the Subsidiary ceased to be a subsidiary of the Company.
The Buyer, Xi’an Yinshi Trading Co., Ltd., is an unaffiliated third party. The Buyer and its affiliates had no material relationship with the Company, the Seller, or any of their respective affiliates, directors, officers, or associates prior to entering into the Agreement, other than in respect of the Agreement.
Under the Agreement, the total purchase price for the Subsidiary is RMB 10,000,000, payable in two installments consisting of RMB 2,000,000 within ten days after execution of the Agreement and RMB 8,000,000 within twenty days following completion of closing procedures and the Buyer’s receipt of all documents required under the Agreement. In connection with the Disposition, the Buyer also agreed to assume and repay outstanding intra-group liabilities of the Subsidiary owed to other members of the Company’s consolidated group totaling RMB 65,872,300, consisting of amounts owed to Fengtongxiang Supply Chain (Chengdu) Co., Ltd. (RMB 18,000,000), Future Big Data (Chengdu) Co., Ltd. (RMB 1,500,000), Future Commercial Management Co., Ltd. (RMB 3,672,300) and FUCE Future Supply Chain (Xi’an) Co., Ltd. (RMB 42,700,000). All such creditor entities are subsidiaries directly controlled by Future FinTech (Hong Kong) Limited, which is wholly owned by the Company. Under the Agreement, the Seller is required to settle the intra-group liabilities within three years after closing, and any overdue amounts will accrue interest at 5% per annum.
No loans or financing arrangements were provided by the Company or its affiliates to the Buyer in connection with the Disposition, and no material relationship exists between the Buyer and the Company other than the transaction described above. Accordingly, Item 2.01(e) is not applicable.
The Company has determined that the Disposition does not involve a significant amount of assets for purposes of Item 2.01 of Form 8-K.
The foregoing description of the Share Transfer Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Purchase Agreement, which is filed as Exhibit 2.1 to this Current Report on Form 8-K and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
| Exhibit No. | Exhibit Title or Description | |
| 2.1 | Securities Transfer Agreement dated November 18, 2025 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Future FinTech Group Inc. | ||
| Date: December 17, 2025 | By: | /s/ Hu Li |
| Name: | Hu Li | |
| Title: | Chief Executive Officer | |
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