BEIJING, Dec. 2, 2020
/PRNewswire/ -- Future FinTech Group Inc. (NASDAQ: FTFT)
(hereinafter referred to as "Future Fintech", "FTFT" or "Company" )
a leading blockchain e-commerce company and a service provider for
financial technology, today announced it has appointed
Mr. Ming Yi as the new Chief Financial Officer ("CFO") of
the Company on November 30,
2020. Ms. Jing (Veronica) Chen
resigned as CFO of the Company, effective on November 30, 2020, and she has been appointed as
the vice president of the Company, in charge of its international M
& A and internal control.
Mr. Yi has extensive experience in accounting, financial
management and operation management. Mr. Yi has served as an
independent director of Hudson Capital Inc. (Nasdaq:
HUSN) since March 31,
2020. Mr. Yi was the Chief Financial Officer of SSLJ.com
Limited from July 2018 to
July 2019. From June 2011 to August
2018, Mr. Yi was the Chief Financial Officer and a board
member of Wave Sync Corp. (formerly known as China Bio-Energy
Corp). From September 2009 to
April 2011, he served as a senior
manager at Qi He Certified Public Accountants Co. Ltd. Form
July 2007 to August 2010, Mr. Yi was a senior auditor at Ernst
& Young.
Mr. Yi received his Bachelor of Science degree in Accounting
from School of Business Administrations of Liaoning University in 2004 and his Master of
Science degree in Accounting and Finance from Victory University,
Australia in 2006. Mr. Yi is a
Certified Public Accountant in Australia.
Mr. Shanchun Huang, Chief
Executive Officer of the Company, said, "Mr. Yi is a highly
qualified chief financial officer and he will be a strong partner
for us in implementing cost reduction plans and improving operating
performance. His excellent leadership and rich management
experience in finance and operations are of great significance to
the Company's global strategy."
"I am very happy to join FTFT and look forward to working
closely with FTFT team," Mr. Yi said, "As CFO, I will strive to
help companies optimize cash flow, simplify financial processes,
and improve business processes. In the process of the Company's
deployment into challenger bank business, we will work together to
accelerate innovation drive, promote the sustainable development of
the Company, and increase the Company's long-term investment
value."
About Future FinTech Group Inc.
Future FinTech Group Inc. ("Future FinTech", "FTFT" or the
"Company") is a leading blockchain e-commerce company and a
service provider for financial technology incorporated
in Florida. The Company's operations include a
blockchain-based online shopping mall platform, Chain Cloud Mall
("CCM"), a cross-border e-commerce platform (NONOGIRL), an
incubator for blockchain based application projects. The Company is
also engaged in the development of blockchain based e-Commerce
technology as well as financial technology. For more information,
please visit http://www.ftftex.com/.
Safe Harbor Statement
Certain of the statements made in this press release are
"forward-looking statements" within the meaning and protections of
Section 27A of the Securities Act of 1933, as amended and Section
21E of the Securities Exchange Act of 1934, as amended, or the
Exchange Act. Forward-looking statements include statements with
respect to our beliefs, plans, objectives, goals, expectations,
anticipations, assumptions, estimates, intentions, and future
performance, and involve known and unknown risks, uncertainties and
other factors, which may be beyond our control, and which may cause
the actual results, performance, capital, ownership or achievements
of the Company to be materially different from future results,
performance or achievements expressed or implied by such
forward-looking statements. All statements other than statements of
historical fact are statements that could be forward-looking
statements. You can identify these forward-looking statements
through our use of words such as "may," "will," "anticipate,"
"assume," "should," "indicate," "would," "believe," "contemplate,"
"expect," "estimate," "continue," "plan," "point to," "project,"
"could," "intend," "target" and other similar words and expressions
of the future.
All written or oral forward-looking statements attributable to
us are expressly qualified in their entirety by this cautionary
notice, including, without limitation, those risks and
uncertainties described in our annual report on Form 10-K for the
year ended December 31, 2019 and our other reports and
filings with SEC. Such reports are available upon request from the
Company, or from the Securities and Exchange Commission, including
through the SEC's Internet website at http://www.sec.gov. We
have no obligation and do not undertake to update, revise or
correct any of the forward-looking statements after the date
hereof, or after the respective dates on which any such statements
otherwise are made.
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SOURCE Future FinTech Group Inc.