Xue Zeyao Discloses Significant Stake in Future FinTech Group

TL;DR

**Xue Zeyao just revealed a big stake in Future FinTech Group, watch for potential shifts!**

AI Summary

Xue Zeyao filed an SC 13D on February 22, 2024, indicating a significant ownership stake in Future FinTech Group Inc. (NASDAQ: FTFT). The filing details Xue Zeyao's address as c/o Future FinTech Group, Inc., 16F, China Dev. Bank Tower, No 2, Gaoxin 1st Rd, Xi'an, F4, 710075. The filing pertains to the Common Stock, par value $0.001, of Future FinTech Group Inc., with CUSIP Number 36117V204.

Why It Matters

This filing signals a potentially influential shareholder in Future FinTech Group, which could lead to changes in corporate governance or strategic direction.

Risk Assessment

Risk Level: medium — A new significant shareholder can introduce both opportunities and uncertainties regarding the company's future direction.

Key Numbers

• 36117V204 — CUSIP Number (Identifies the class of securities)
• 20240222 — Filing Date (Date the SC 13D was filed)
• 005-79492 — SEC File Number (Unique identifier for the company's SEC filings)

Key Players & Entities

• Xue Zeyao (person) — filer of SC 13D
• Future FinTech Group Inc. (company) — subject company of SC 13D
• $0.001 (dollar_amount) — par value of common stock
• 07 Trade & Services (company) — organization name associated with subject company
• SkyPeople Fruit Juice, Inc (company) — former name of subject company

FAQ

Key Financial Figures

• $0.001 — ame of Issuer) Common Stock, par value $0.001 (Title of Class of Securities) 36117
• $152,838 — erprises Ltd., a unrelated party, for US$152,838. Pursuant to a Stock Purchase Agreemen
• $40,002 — huiliang Xiao, a unrelated party, for US$40,002. Pursuant to a Stock Purchase Agreemen
• $332,323 — Mengyao Chen, a unrelated party, for US$332,323. Item 7. Material to Be Filed as Exhi

Filing Documents

• ea192565-13dxue_future.htm (SC 13D) — 42KB
• ea192565ex99-1xue_future.htm (EX-99.1) — 57KB
• ea192565ex99-2xue_future.htm (EX-99.2) — 54KB
• ea192565ex99-3xue_future.htm (EX-99.3) — 55KB
• 0001213900-24-016172.txt ( ) — 210KB

From the Filing

SC 13D 1 ea192565-13dxue_future.htm SCHEDULE 13D SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D (Rule 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO § 240.13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO § 240.13d-2(a) UNDER THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. __)* Future FinTech Group, Inc. (Name of Issuer) Common Stock, par value $0.001 (Title of Class of Securities) 36117V204 (CUSIP Number) Zeyao Xue Room 2302, South Tower T1, Kaisa Plaza, No. 86 Jianguo Avenue Chaoyang District, Beijing, China (86-10) 8589-9303 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) August 3, 2023 (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See § 240.13d-7 for other parties to whom copies are to be sent. * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 36117V204 1 NAMES OF REPORTING PERSONS Zeyao Xue 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS ( See Instructions) PF 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E) 6 CITIZENSHIP OR PLACE OF ORGANIZATION China NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 3,652,850 (1) 8 SHARED VOTING POWER 0 9 SOLE DISPOSITIVE POWER 3,652,850 (1) 10 SHARED DISPOSITIVE POWER 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,652,850 (1) 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ( See Instructions) 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 18.3% (2) 14 TYPE OF REPORTING PERSON ( See Instructions) IN (1) Including 3,322,757 shares directly owned by Mr. Zeyao Xue and 330,093 shares indirectly and beneficially owned by Mr. Zeyao Xue, which consists of ( i) 293,416 shares that are directly owned by Golden Dawn International Limited (“Golden Dawn”), a British Virgin Islands company and (ii) 36,677 shares that are directly owned by China Tianren Organic Food Holding (“China Tianren”). Mr. Zeyao Xue holds all of the issued and outstanding capital stock of Fancylight Limited, which is an indirect 100% owner of Golden Dawn and China Tianren. As such, Mr. Zeyao Xue holds the beneficial ownership of shares owned by Golden Dawn and China Tianren. (2) Based on 19,985,410 shares of Common Stock outstanding as of February 22, 2024, as reported by the Issuer to the Reporting Person. 2 Explanatory Note The following constitutes the Schedule 13D filed by Mr. Zeyao Xue. Mr. Zeyao Xue previously jointly filed Schedule 13D, as amended (filing no. 005-79492) with (i) SkyPeople International Holdings Group Limited, (ii) V.X. Fortune Capital Limited, (iii) Fancylight Limited, (iv) Yongke Xue, (v) Golden Dawn International Limited, (vi) China Tianren Organic Food Holding Company Limited and (vii) Hongke Xue. Mr. Yongke Xue is the father of Mr. Zeyao Xue. Mr. Hongke Xue is the brother of Mr. Yongke Xue. Mr. Yongke Xue passed away in November 2023. All joint filers except for Mr. Zeyao Xue have held less than 5% of the outstanding shares of commons stock of the Company on and after the date of the last Schedule 13D jointly filed by these parties. Item 1. Security and the Issuer This statement on Schedule 13D (this “ Report ”) relates to the common stock, par value $0.001 per share (the “ Common Stock ”) of Future FinTech Group, Inc., a company incorporated in the state of Florida (the “ Issuer ” or “Company”). The address of the principal executive offices of the Issuer is Americas Tower, 1177 Avenue of The Americas, Suite 5100, New York, NY 10036. Item 2. Identity and Background Zeyao Xue is an individual with a business office located at Room 2103, 21st Floor, SK Tower 6A Jianguomenwai Avenue, Chaoyang District, Beijing, China 100022. Other than his ownership

View Full Filing

View this SC 13D filing on SEC EDGAR