Future Fintech Group Inc (NASDAQ: FTFT) is a China-focused financial services and trading company that primarily generates revenue from supply chain financing and trading of bulk commodities. Revenue comes from purchase-and-sale agreements with suppliers and buyers of coal, aluminum ingots, sand, and steel, using the company's own funds supplemented by bank financing, commercial factoring, accounts receivable facilities, and asset-backed securities. As of the 10-K filed March 18, 2026, FTFT also operates an online fast-moving consumer goods (FMCG) store selling non-alcoholic and dairy beverages, and is expanding into listing-readiness consulting services through its Hong Kong subsidiary, Future FinTech (Hong Kong) Limited. The company previously operated a blockchain e-commerce platform (Chain Cloud Mall), a cryptocurrency mining subsidiary (FTFT Super Computing Inc., sold December 2024), and a Hong Kong asset management operation (Nice Talent Asset Management Limited, sold November 2024). FTFT has never paid a cash dividend and had approximately 5,240,544 shares outstanding as of March 16, 2026.
Coal, aluminum ingot, sand, and steel supply chain financing and trading; online FMCG retail (non-alcoholic and dairy beverages); listing-readiness and corporate consulting services including internal control readiness, financial reporting preparation, and corporate governance structuring.
Transactional revenue from bulk commodity supply chain financing and trading (coal, aluminum ingots, sand, steel); thin-margin FMCG product sales via online retail platform; fee-based listing-readiness consulting services through the Hong Kong subsidiary.
Large state-owned or listed companies in the PRC are the core targets for the supply chain financing and trading business. Private companies evaluating or preparing for a public listing are the target customers for consulting services.
Primary operations in mainland China (supply chain financing and trading, FMCG retail) and Hong Kong (listing-readiness consulting via Future FinTech (Hong Kong) Limited and Future Information Service (Shenzhen) Co., Ltd.). All consulting activities conducted outside the United States.
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