FTFT to acquire 20% of Xi'an Changshida for RMB 44M (~$6.46M)

Future FinTech Group Inc.

Purchase price: RMB 40M cash + 493,062 FTFT shares (value RMB 4M), payable within 10 days after equity transfer and PRC registration.
Changshida is an AI company focused on healthcare and smart city, with facial recognition, NLP, and knowledge graph products.
FTFT shares to be issued via Regulation S private placement; restricted securities with no registration obligation.
Closing subject to customary conditions; King Kee valuation report values 100% of Changshida at RMB 220M.
Acquisition broadens FTFT's AI capabilities in China's digital transformation market.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Future FinTech Group Inc. entered into Share Purchase Agreement with Zhang Shuge valued at RMB 44,000,000 (approximately US$6.46 million) (effective 2026-06-12).

Action: entry
Agreement: equity purchase
Counterparty: Zhang Shuge
Value: RMB 44,000,000 (approximately US$6.46 million)
Effective: 2026-06-12

Exact text from the filing

On June 12, 2026, Future FinTech Group Inc. (the “Company”), through its wholly-owned subsidiary, Future Commercial Group Limited (the “Buyer”), entered into a Share Purchase Agreement (the “SPA”) with Zhang Shuge (the “Seller”) and the Company.

View on SEC.gov

801 material agreements filed in the last 30 days. Browse all material agreements →

Future FinTech Group Inc. filing history →

Source: SEC EDGAR

accession 0001213900-26-068821

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.