Future FinTech Appoints Hu Li as CEO, Succeeding Shanchun Huang

2024-08-09T16: 22: 07.659+02: 00

• Li will succeed former CEO Shanchun Huang.
• He has been with the company since 2019 and has experience in finance and management.

Future FinTech Group has appointed Hu Li as the new
Chief Executive Officer, effective August 5, 2024. In a statement released
today (Friday), the company welcomed the new appointment, saying it signals a
commitment to expanding its global footprint and strengthening its position in
the financial and digital technology sectors.

Li, who has been with Future FinTech since 2019,
steps into the CEO role with a wealth of experience in finance and management. His previous positions within the company include a recent role as CEO of FTFT International Securities and Futures Limited.

Li’s appointment followed the resignation of former CEO
Shanchun Huang, who stepped down for personal reasons. In his new role, Li is expected to drive Future
FinTech ’s international expansion, manage its investment and financing
activities, and steer the company through its ongoing transformation.

Li’s leadership comes at a crucial time as Future
FinTech seeks to capitalize on its diversified portfolio, which includes asset
management, brokerage, investment banking services, cross-border payment
operations, and supply chain finance.

“Mr. Hu Li is an excellent executive,” said
Foyou Li, Chairman of Future FinTech’s Board. “He has made many
outstanding contributions over the past five years and has played a pivotal
role in transitioning the company into a fintech leader with a diversified
portfolio of services.”

Future FinTech Portfolio

Under Li’s guidance, Future FinTech aims to leverage
its digital and internet technology expertise to deliver stable, safe, and
efficient financial services to a global clientele. The company’s portfolio spans multiple continents. The company has highlighted its expansion as a way to position itself to capture new
opportunities in the rapidly evolving fintech landscape.

With operations already established in key markets
such as Hong Kong, the United Kingdom, China, and the United States, Future
FinTech is poised for further growth. Li’s leadership will be crucial in
navigating the challenges and seizing the opportunities that lie ahead in the
global fintech industry.

Commenting about his appointment, Li said: “I plan to
continue to work shoulder to shoulder with the Future FinTech team to help the
Company achieve sustainable development and accelerate the implementation of
our global strategic growth plan. As CEO of Future FinTech, my mission is to
lead the organization, set its goals and market strategies, and leverage my
executive experience to the benefit of our customers, employees, and
shareholders worldwide.”

Future FinTech Group has appointed Hu Li as the new
Chief Executive Officer, effective August 5, 2024. In a statement released
today (Friday), the company welcomed the new appointment, saying it signals a
commitment to expanding its global footprint and strengthening its position in
the financial and digital technology sectors.

Li, who has been with Future FinTech since 2019,
steps into the CEO role with a wealth of experience in finance and management. His previous positions within the company include a recent role as CEO of FTFT International Securities and Futures Limited.

Li’s appointment followed the resignation of former CEO
Shanchun Huang, who stepped down for personal reasons. In his new role, Li is expected to drive Future
FinTech ’s international expansion, manage its investment and financing
activities, and steer the company through its ongoing transformation.

Li’s leadership comes at a crucial time as Future
FinTech seeks to capitalize on its diversified portfolio, which includes asset
management, brokerage, investment banking services, cross-border payment
operations, and supply chain finance.

“Mr. Hu Li is an excellent executive,” said
Foyou Li, Chairman of Future FinTech’s Board. “He has made many
outstanding contributions over the past five years and has played a pivotal
role in transitioning the company into a fintech leader with a diversified
portfolio of services.”

Future FinTech Portfolio

Under Li’s guidance, Future FinTech aims to leverage
its digital and internet technology expertise to deliver stable, safe, and
efficient financial services to a global clientele. The company’s portfolio spans multiple continents. The company has highlighted its expansion as a way to position itself to capture new
opportunities in the rapidly evolving fintech landscape.

With operations already established in key markets
such as Hong Kong, the United Kingdom, China, and the United States, Future
FinTech is poised for further growth. Li’s leadership will be crucial in
navigating the challenges and seizing the opportunities that lie ahead in the
global fintech industry.

Commenting about his appointment, Li said: “I plan to
continue to work shoulder to shoulder with the Future FinTech team to help the
Company achieve sustainable development and accelerate the implementation of
our global strategic growth plan. As CEO of Future FinTech, my mission is to
lead the organization, set its goals and market strategies, and leverage my
executive experience to the benefit of our customers, employees, and
shareholders worldwide.”