---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-066845"
form_type: "8-K"
ticker: "FTFT"
cik: "0001066923"
company_name: "Future FinTech Group Inc."
filed_at: "2024-08-09T23:59:59+00:00"
generated_at: "2026-05-31T10:19:30.474400+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Future FinTech appoints Hu Li as CEO; Shanchun Huang resigns

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-24-066845
- form_type: 8-K
- ticker: FTFT
- cik: 0001066923
- company_name: Future FinTech Group Inc.
- filed_at: 2024-08-09T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1066923/000121390024066845/0001213900-24-066845-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1066923/000121390024066845/ea0210897-8k_future.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-066845
- JSON: https://secwatch.observer/filing/0001213900-24-066845.json
- Plain text: https://secwatch.observer/filing/0001213900-24-066845.txt

## Key facts
- Executive change
  Hu Li was appointed as Chief Executive Officer and President at Future FinTech Group Inc..
  - Action: appointed
  - Role: Chief Executive Officer and President
  source text: On August 5, 2024, the Board appointed Mr. Hu Li as a director of the Board and the CEO and President of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1066923/000121390024066845/0001213900-24-066845-index.htm
- Executive change
  Shanchun Huang resigned as Chief Executive Officer and President at Future FinTech Group Inc..
  - Action: resigned
  - Role: Chief Executive Officer and President
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1066923/000121390024066845/0001213900-24-066845-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.