Future FinTech Group Inc. (FTFT): M&A transaction — Future FinTech sells Hainan subsidiary for RMB 10M; buyer assumes ~RMB 65.9M in intra-group liabilities

Future FinTech Group Inc.

Sold 100% of Future Commercial Management (Hainan) Co., Ltd. to Xi'an Yinshi Trading Co., Ltd. for RMB 10 million.
Buyer to assume and repay intra-group liabilities of RMB 65,872,300 owed to other FTFT subsidiaries.
Payment: RMB 2M due within 10 days of Nov 18 agreement; RMB 8M within 20 days after closing.
Company states disposition does not involve a significant amount of assets under Item 2.01.
Seller must settle intra-group liabilities within 3 years; overdue amounts accrue 5% interest.

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.98

Future FinTech Group Inc. completed a disposition involving Xi’an Yinshi Trading Co., Ltd. for RMB 10,000,000 (closed 2025-12-16).

Action: disposition
Counterparty: Xi’an Yinshi Trading Co., Ltd.
Consideration: RMB 10,000,000
Closing: 2025-12-16

Exact text from the filing

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

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Source: SEC EDGAR

accession 0001213900-25-122774

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