---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-085584"
form_type: "8-K"
ticker: "FTFT"
cik: "0001066923"
company_name: "Future FinTech Group Inc."
filed_at: "2024-10-04T23:59:59+00:00"
generated_at: "2026-05-30T19:45:48.684630+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Future FinTech appoints Mingyong Hu as director, Audit Committee chairman to replace resigning Lau

## Summary
- Director Johonson (Shun-Pong) Lau resigned on Sep 30, 2024, due to other commitments, no disagreement with Board.
- Board appointed Mingyong Hu as director, Audit Committee chairman, and Compensation Committee member effective Oct 1, 2024.
- Hu, age 46, is a Chinese CPA, previously CFO of Beijing Xiaowu Supply Chain Technology (Aug 2021–Apr 2024).
- Hu deemed independent director and audit committee financial expert; receives $10,000 annual fee, payable quarterly.
- No family relationships with officers/directors; appointment not pursuant to any arrangements with others.

## SEC filing metadata
- accession: 0001213900-24-085584
- form_type: 8-K
- ticker: FTFT
- cik: 0001066923
- company_name: Future FinTech Group Inc.
- filed_at: 2024-10-04T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1066923/000121390024085584/0001213900-24-085584-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1066923/000121390024085584/ea0216663-8k_future.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-085584
- JSON: https://secwatch.observer/filing/0001213900-24-085584.json
- Plain text: https://secwatch.observer/filing/0001213900-24-085584.txt

## Key facts
- Executive change
  Johonson (Shun-Pong) Lau resigned as member of the Board, Chairman of the Audit Committee, member of Compensation Committee at Future FinTech Group Inc..
  - Action: resigned
  - Role: member of the Board, Chairman of the Audit Committee, member of Compensation Committee
  source text: On September 30, 2024, the Board of Directors (the “Board”) of Future FinTech Group, Inc. (the “Company”) received a resignation letter from Mr. Johonson (Shun-Pong) Lau, to resign from the positions as a member of the Board, Chairman of the Audit Committee and a member of Compensation Committee, effective on September 30, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1066923/000121390024085584/0001213900-24-085584-index.htm
- Executive change
  Mingyong Hu was appointed as member of the Board, Chairman of the Audit Committee, member of Compensation Committee at Future FinTech Group Inc..
  - Action: appointed
  - Role: member of the Board, Chairman of the Audit Committee, member of Compensation Committee
  source text: On October 1, 2024, the Board appointed Mr. Mingyong Hu as a member of the Board, Chairman of the Audit Committee and a member of Compensation Committee of the Board , effective immediately, to fill the vacancy following the resignation of Mr. Lau.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1066923/000121390024085584/0001213900-24-085584-index.htm

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