Future FinTech Group Inc. ("Future FinTech", "FTFT" or the "Company") is a leading blockchain technology R&D and application company incorporated in Florida. "NONOGIRL" is a "content + live + social" cross-border e-Commerce platform for the female consumer market. It has three subsidiaries, Plat Wallet ltd, Plat Mint Ltd, and Nero Inc, will operate utilizing licenses from the European Union, United Kingdom, Singapore, Switzerland and offshore banking licenses from the Commonwealth of Dominica. BEIJING, Sept. 22, 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 signed a term sheet ("Term Sheet") with Spondula, a company incorporated in the United Kingdom (UK) and the selling shareholder of Spondula on September 19, 2020. Mr. Shanchun Huang, CEO of FTFT said, "Developing the cross-border e-Commerce platform NONOGIRL is an important part of the Company's investment in and establishment of the blockchain based shared online shopping malls. The parties also agreed to set rules for Valuation Adjustment Mechanism. Pursuant to Term Sheet, the Company plans to acquire 51% of the total issued and outstanding shares of Spondula. The transaction with FTFT can help rapidly grow our business and enhance our core competitiveness. Mr. Shanchun Huang, Chief Executive Officer of FTFT, stated, "Although the COVID pandemic is raging around the world, our acquisition strategy still carries on. 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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Future FinTech Group Inc. ("Future FinTech", "FTFT" or the "Company") is a leading blockchain technology R&D and application company incorporated in Florida. "NONOGIRL" is a "content + live + social" cross-border e-Commerce platform for the female consumer market. It has three subsidiaries, Plat Wallet ltd, Plat Mint Ltd, and Nero Inc, will operate utilizing licenses from the European Union, United Kingdom, Singapore, Switzerland and offshore banking licenses from the Commonwealth of Dominica. BEIJING, Sept. 22, 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 signed a term sheet ("Term Sheet") with Spondula, a company incorporated in the United Kingdom (UK) and the selling shareholder of Spondula on September 19, 2020. Mr. Shanchun Huang, CEO of FTFT said, "Developing the cross-border e-Commerce platform NONOGIRL is an important part of the Company's investment in and establishment of the blockchain based shared online shopping malls. The parties also agreed to set rules for Valuation Adjustment Mechanism. Pursuant to Term Sheet, the Company plans to acquire 51% of the total issued and outstanding shares of Spondula. The transaction with FTFT can help rapidly grow our business and enhance our core competitiveness. Mr. Shanchun Huang, Chief Executive Officer of FTFT, stated, "Although the COVID pandemic is raging around the world, our acquisition strategy still carries on. 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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Future FinTech Group Inc. ("Future FinTech", "FTFT" or the "Company") is a leading blockchain technology R&D and application company incorporated in Florida. "NONOGIRL" is a "content + live + social" cross-border e-Commerce platform for the female consumer market. It has three subsidiaries, Plat Wallet ltd, Plat Mint Ltd, and Nero Inc, will operate utilizing licenses from the European Union, United Kingdom, Singapore, Switzerland and offshore banking licenses from the Commonwealth of Dominica. BEIJING, Sept. 22, 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 signed a term sheet ("Term Sheet") with Spondula, a company incorporated in the United Kingdom (UK) and the selling shareholder of Spondula on September 19, 2020. Mr. Shanchun Huang, CEO of FTFT said, "Developing the cross-border e-Commerce platform NONOGIRL is an important part of the Company's investment in and establishment of the blockchain based shared online shopping malls. The parties also agreed to set rules for Valuation Adjustment Mechanism. Pursuant to Term Sheet, the Company plans to acquire 51% of the total issued and outstanding shares of Spondula. The transaction with FTFT can help rapidly grow our business and enhance our core competitiveness. Mr. Shanchun Huang, Chief Executive Officer of FTFT, stated, "Although the COVID pandemic is raging around the world, our acquisition strategy still carries on. 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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Spondula is located in the UK and it operates a global banking and money transfer platform serving both individuals and businesses.

How Should Investors React To Rent.com.au's (ASX:RNT) CEO Pay? "NONOGIRL" will first focus on the markets in mainland China and Southeast Asia, starting from China and Malaysia. According to the Term Sheet, FTFT or its subsidiary will acquire 51% of the total issued and outstanding shares of Spondula through a share exchange with the shareholder of Spondula. XI'AN, China, April 2, 2020 /PRNewswire/ -- Future FinTech Group Inc. (NASDAQ: FTFT) ("Future FinTech", "FTFT" or "the Company"), a leading blockchain e-Commerce and financial technology company, announced today that the trial version of its cross-border e-Commerce platform "NONOGIRL" is online and has started its trial operation. Future FinTech Group Announces Receipt of Letter from Nasdaq and Intent to Submit Plan of Compliance finance.yahoo.com - April 22 at 5:21 PM: Future FinTech Group Inc.: Future FinTech to Present at the 2019 Planet MicroCap Showcase on May 1 in Las Vegas www.finanznachrichten.de - April 17 at 10:01 AM: Future FinTech … The operation of the Company includes a blockchain based online shopping mall platform, Chain Cloud Mall ("CCM"), an incubator for blockchain based application projects and a digital payment system "DCON".

Future FinTech Group Inc. ("Future FinTech", "FTFT" or the "Company") is a leading blockchain technology R&D and application company incorporated in Florida. "NONOGIRL" is a "content + live + social" cross-border e-Commerce platform for the female consumer market. It has three subsidiaries, Plat Wallet ltd, Plat Mint Ltd, and Nero Inc, will operate utilizing licenses from the European Union, United Kingdom, Singapore, Switzerland and offshore banking licenses from the Commonwealth of Dominica. BEIJING, Sept. 22, 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 signed a term sheet ("Term Sheet") with Spondula, a company incorporated in the United Kingdom (UK) and the selling shareholder of Spondula on September 19, 2020. Mr. Shanchun Huang, CEO of FTFT said, "Developing the cross-border e-Commerce platform NONOGIRL is an important part of the Company's investment in and establishment of the blockchain based shared online shopping malls. The parties also agreed to set rules for Valuation Adjustment Mechanism. Pursuant to Term Sheet, the Company plans to acquire 51% of the total issued and outstanding shares of Spondula. The transaction with FTFT can help rapidly grow our business and enhance our core competitiveness. Mr. Shanchun Huang, Chief Executive Officer of FTFT, stated, "Although the COVID pandemic is raging around the world, our acquisition strategy still carries on. 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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