---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-068821"
form_type: "8-K"
ticker: "FTFT"
cik: "0001066923"
company_name: "Future FinTech Group Inc."
filed_at: "2026-06-15T20:30:15+00:00"
generated_at: "2026-06-15T20:31:39.130508+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-26-068821
- form_type: 8-K
- ticker: FTFT
- cik: 0001066923
- company_name: Future FinTech Group Inc.
- filed_at: 2026-06-15T20:30:15+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1066923/000121390026068821/0001213900-26-068821-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1066923/000121390026068821/ea0294703-8k_future.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-068821
- JSON: https://secwatch.observer/filing/0001213900-26-068821.json
- Plain text: https://secwatch.observer/filing/0001213900-26-068821.txt

## Key facts
- Material Agreements
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1066923/000121390026068821/0001213900-26-068821-index.htm

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