FTFT Future FinTech Group Inc

CUSIP No. 36117V105

CUSIP No. 36117V105

CUSIP No. 36117V105

CUSIP No. 36117V105

CUSIP No. 36117V105

CUSIP No. 36117V105

CUSIP No. 36117V105

CUSIP No. 36117V105

Introductory Statement

This Amendment No.  7 to Schedule 13D (“Amendment No. 7”) amends and supplements the statement on Schedule 13D jointly filed on September 24, 2012 (the “Initial Statement”), as amended by Amendment No. 1 to Schedule 13D filed jointly on December 28, 2012, Amendment No. 2 to Schedule 13D filed jointly on July 20, 2016, Amendment No. 3 to Schedule 13D filed jointly on June 28, 2017, Amendment No. 4 to Schedule 13D filed jointly on July 25, 2017, Amendment No. 5 to Schedule 13D filed jointly on October 6, 2017, and Amendment No. 6 to Schedule 13D filed jointly on April 26, 2018 (“Amendment No. 6”) with respect to shares of common stock, par value $0.001 per share (the “Common Stock”), of Future FinTech Group Inc. (the “Issuer”), a Florida corporation. All share numbers have been adjusted to reflect a 1-for-8 reverse stock split approved by the Issuer’s Board of Directors on February 29, 2016, which became effective on March 16, 2016. On June 6, 2017, the Issuer filed a Certificate of Amendment with the Secretary of State for the State of Florida to amend and restate its articles of incorporation to change its name from SkyPeople Fruit Juice, Inc. to Future FinTech Group Inc., effective immediately (the “Name Change”). Except as otherwise provided herein, each Item of the Initial Statement, as amended, remains unchanged.

This Amendment No.  7 is being filed by (i) SkyPeople International Holdings Group Limited, (ii) V.X. Fortune Capital Limited, (iii) Fancylight Limited, (iv) Yongke Xue, (v) Golden Dawn International Limited, (vi) Zeyao Xue, (vii) China Tianren Organic Food Holding Company Limited and (viii) Hongke Xue (each a “Reporting Person” and, collectively, the “Reporting Persons”).

Item 2 of the Initial Statement, as amended, is hereby amended and restated in its entirety as follows:

(d) Each of the Reporting Persons has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) during the last five years.

(e) Each of the Reporting Persons has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws during the last five years.

The information contained in Item 6 of this Amendment No. 7 is incorporated herein by reference.

The information contained in Item 6 of this Amendment No. 7 is incorporated herein by reference.

Item 5 of the Initial Statement, as amended, is hereby amended and restated in its entirety as follows:

(a) All percentages of Common Stock beneficially owned as described in this Statement are based on 26,017,083 shares of common stock issued and outstanding, as reported by the Issuer’s transfer agent on May 17, 2018.

1. SkyPeople International Holdings Group Limited has direct beneficial ownership of 0 shares of the Common Stock of the Issuer. SkyPeople International Holdings Group Limited’s beneficial ownership in the Common Stock represented approximately 0% of the outstanding Common Stock that were deemed to be outstanding for purposes of calculating the beneficial ownership of SkyPeople International Holdings Group Limited under Section 13(d) of the Act.

2. V.X. Fortune Capital Limited, through its 100.0% equity interests in SkyPeople International Holdings Group Limited, Golden Dawn International Limited and China Tianren Organic Food Holding Company Limited, has indirect beneficial ownership of an aggregate of 1,671,955 shares of Common Stock of the Issuer. V.X. Fortune Capital Limited’s beneficial ownership in the Common Stock represented approximately 6.4% of the outstanding Common Stock that were deemed to be outstanding for purposes of calculating the beneficial ownership of V.X. Fortune Capital Limited under Section 13(d) of the Act.

3. Fancylight Limited, which owns a 100.0% equity interest in V.X. Fortune Capital Limited, has indirect beneficial ownership of an aggregate of 1,671,955 shares of Common Stock of the Issuer. Fancylight Limited’s beneficial ownership in the Common Stock represented approximately 6.4% of the outstanding Common Stock that were deemed to be outstanding for purposes of calculating the beneficial ownership of Fancylight Limited under Section 13(d) of the Act.

4. Zeyao Xue, through his direct beneficial ownership of 11,362,159 shares of Common Stock of the Issuer, and his ownership and service as the sole director of Fancylight Limited, which owns a 100.0% equity interest in V.X. Fortune Capital Limited, through which he has indirect beneficial ownership of an aggregate of 1,671,955 shares of Common Stock of the Issuer, has beneficial ownership of 13,034,114 shares of the Common Stock of the Issuer. Zeyao Xue’s beneficial ownership in the Common Stock represented approximately 50.0% of the outstanding Common Stock that were deemed to be outstanding for purposes of calculating the beneficial ownership of Zeyao Xue under Section 13(d) of the Act.

5. Golden Dawn International Limited has direct beneficial ownership of an aggregate of 1,488,570 shares of Common Stock of the Issuer. Golden Dawn International Limited’s beneficial ownership in the Common Stock represented approximately 5.7% of the outstanding Common Stock that were deemed to be outstanding for purposes of calculating the beneficial ownership of Golden Dawn International Limited under Section 13(d) of the Act.

6. Yongke Xue, as the sole director of V.X. Fortune Capital Limited, has indirect beneficial ownership of an aggregate of 1,671,955 shares of Common Stock of the Issuer. Yongke Xue’s beneficial ownership in the Common Stock represented approximately 6.4% of the outstanding Common Stock that were deemed to be outstanding for purposes of calculating the beneficial ownership of Yongke Xue under Section 13(d) of the Act. Yongke Xue is also the sole director of SkyPeople International Holdings Group Limited.

7. China Tianren Organic Food Holding Company Limited has direct beneficial ownership of an aggregate of 183,385 shares of Common Stock of the Issuer. China Tianren Organic Food Holding Company Limited’s beneficial ownership in the Common Stock represented approximately 0.7% of the outstanding Common Stock that were deemed to be outstanding for purposes of calculating the beneficial ownership of China Tianren Organic Food Holding Company Limited under Section 13(d) of the Act.

8. Hongke Xue, as sole director of China Tianren Organic Food Holding Company Limited and Golden Dawn International Limited, has beneficial ownership of an aggregate of 1,671,955 shares of Common Stock of the Issuer. Hongke Xue’s beneficial ownership in the Common Stock represented approximately 6.4% of the outstanding Common Stock that were deemed to be outstanding for purposes of calculating the beneficial ownership of Hongke Xue under Section 13(d) of the Act.

The filing of this Statement shall not be construed as an admission that any of the Reporting Persons is the beneficial owner of any securities covered by this Statement other than the securities actually owned by such person, if any.

(b)

1. SkyPeople International Holdings Group Limited may be deemed to exercise shared power to vote or to direct the vote and shared power to dispose or to direct the disposition of an aggregate of 0 shares of Common Stock of the Issuer.

2. V.X. Fortune Capital Limited may be deemed to exercise shared power to vote or to direct the vote and shared power to dispose or to direct the disposition of an aggregate of 1,671,955 shares of Common Stock of the Issuer

3. Fancylight Limited may be deemed to exercise shared power to vote or to direct the vote and shared power to dispose or to direct the disposition of an aggregate of 1,671,955 shares of Common Stock of the Issuer.

4. Zeyao Xue may be deemed to exercise shared power to vote or to direct the vote and shared power to dispose or to direct the disposition of an aggregate of 1,671,955 shares of Common Stock of the Issuer. Mr. Xue may be deemed to exercise sole power to vote or to direct the vote and sole power to dispose or to direct the disposition of 11,362,159 shares of Common Stock of the Issuer.

5. Golden Dawn International Limited may be deemed to exercise shared power to vote or to direct the vote and shared power to dispose or to direct the disposition of an aggregate of 1,488,570 shares of Common Stock of the Issuer.

6. China Tianren Organic Food Holding Company Limited may be deemed to exercise shared power to vote or to direct the vote and shared power to dispose or to direct the disposition of an aggregate of 183,385 shares of Common Stock of the Issuer.

7. Yongke Xue may be deemed to exercise shared power to vote or to direct the vote and shared power to dispose or to direct the disposition of an aggregate of 1,671,955 shares of Common Stock of the Issuer.

8. Hongke Xue may be deemed to exercise shared power to vote or to direct the vote and shared power to dispose or to direct the disposition of an aggregate of 1,671,955 shares of Common Stock of the Issuer.

(c) Other than as reported herein, each of the Reporting Persons has not effected any transactions in the Common Stock during the past 60 days or since the filing of Amendment No. 6 to the Initial Statement.

(d)

1. Other than as described in Item 6 herein, to the knowledge of V.X. Fortune Capital Limited, Fancylight Limited, Yongke Xue and Zeyao Xue, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the 1,671,955 shares of Common Stock over which V.X. Fortune Capital Limited, Fancylight Limited, Yongke Xue and Zeyao Xue have beneficial ownership.

2. Other than as described in Item 6, to the knowledge of Golden Dawn International Limited and Hongke Xue, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the 1,488,570 shares of Common Stock over which Golden Dawn International Limited and Hongke Xue have beneficial ownership.

3. Other than as described in Item 6, to the knowledge of China Tianren Organic Food Holding Company Limited and Hongke Xue, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the 183,385 shares of Common Stock over which China Tianren Organic Food Holding Company Limited and Hongke Xue have beneficial ownership.

4. Other than as described in Item 6 herein, to the knowledge of SkyPeople International Holdings Group Limited and Yongke Xue, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the 0 shares of Common Stock over which SkyPeople International Holdings Group Limited and Yongke Xue have beneficial ownership.

(e)

Not applicable.

Item 6 of the Initial Statement, as amended, is hereby amended and supplemented as follows:

On May 25, 2018, SkyPeople International Holdings Group Limited (“SkyPeople International”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) with Bingke Zhang (“Zhang”) pursuant to which SkyPeople International agreed to sell 665,200 shares of the Issuer’s common stock (the “Shares”) to Mr. Zhang for an aggregate purchase price of $1,995,600. The sale of the Shares is expected to be consummated by the end of June, 2018.

Item 7 of the Initial Statement, as amended, is hereby amended and supplemented as follows:

Signatures

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this Statement is true, complete and correct.

Date: June 4, 2018

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