Future FinTech appoints Hu Li as CEO; Shanchun Huang resigns

Future FinTech Group Inc.

CEO Shanchun Huang resigned effective Aug 5, 2024, citing personal reasons, no disagreement with company.
Hu Li appointed CEO, President, and Director effective Aug 5, 2024.
Compensation: $7,000/month pre-tax under 3-year employment agreement.
Li previously served as Corporate Secretary since 2019 and CEO of subsidiary FTFT International Securities since Jan 2024.

item 5.02 item 8.01 item 9.01

Executive movements

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Appointed

Hu Li

Chief Executive Officer and President

FTFT · Future FinTech Group Inc.

Effective: 2024-08-05
Filed: August 9, 2024, 7:59 PM ET

On August 5, 2024, the Board appointed Mr. Hu Li as a director of the Board and the CEO and President of the Company.

Departed

Shanchun Huang

Chief Executive Officer and President

FTFT · Future FinTech Group Inc.

Effective: 2024-08-05
Successor: Hu Li
Filed: August 9, 2024, 7:59 PM ET

On August 5, 2024, the Board of Directors (the “Board”) of Future FinTech Group, Inc. (the “Company”) received a resignation letter from Mr. Shanchun Huang to resign from his positions as a director of the Board and the Chief Executive Officer (“CEO”) and President of the Company, effective on August 5, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Hu Li was appointed as Chief Executive Officer and President at Future FinTech Group Inc..

Action: appointed
Role: Chief Executive Officer and President

Exact text from the filing

On August 5, 2024, the Board appointed Mr. Hu Li as a director of the Board and the CEO and President of the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Shanchun Huang resigned as Chief Executive Officer and President at Future FinTech Group Inc..

Action: resigned
Role: Chief Executive Officer and President

Exact text from the filing

On August 5, 2024, the Board of Directors (the “Board”) of Future FinTech Group, Inc. (the “Company”) received a resignation letter from Mr. Shanchun Huang to resign from his positions as a director of the Board and the Chief Executive Officer (“CEO”) and President of the Company, effective on August 5, 2024.

View on SEC.gov

Future FinTech Group Inc. filing history →

Source: SEC EDGAR

accession 0001213900-24-066845

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