Future FinTech Announces the Appointment of Hu Li as the New CEO
Future FinTech Group Inc. (NASDAQ: FTFT) has announced a significant leadership change. Hu Li has been appointed as the new Chief Executive Officer, President, and Board member, effective August 5, 2024. Li replaces Shanchun Huang, who resigned for personal reasons. With a background in financial services and corporate management, Li brings valuable experience to FTFT's strategic transformation.
Li has been with FTFT since 2019, serving as Corporate Secretary and CEO of a subsidiary. He holds an MBA and has experience in public companies. The Board Chairman, Foyou Li, expressed confidence in Hu Li's ability to lead the company to new heights. Li himself committed to accelerating FTFT's global strategic growth plan and achieving sustainable development.
Future FinTech Group Inc. (NASDAQ: FTFT) ha annunciato un importante cambiamento nella leadership. Hu Li è stato nominato nuovo Amministratore Delegato, Presidente e membro del Consiglio, con effetto dall'8 agosto 2024. Li subentra a Shanchun Huang, che si è dimesso per motivi personali. Con una carriera nel settore dei servizi finanziari e nella gestione aziendale, Li porta con sé un'esperienza preziosa per la trasformazione strategica di FTFT.
Li è parte di FTFT dal 2019, ricoprendo il ruolo di Segretario Aziendale e Amministratore Delegato di una sussidiaria. Possiede un MBA e ha esperienza in aziende quotate in borsa. Il Presidente del Consiglio, Foyou Li, ha espresso fiducia nella capacità di Hu Li di guidare l'azienda verso nuove vette. Lo stesso Li si è impegnato ad accelerare il piano di crescita strategica globale di FTFT e a raggiungere uno sviluppo sostenibile.
Future FinTech Group Inc. (NASDAQ: FTFT) ha anunciado un cambio significativo en su liderazgo. Hu Li ha sido designado como el nuevo Director Ejecutivo, Presidente y miembro de la Junta, con efecto a partir del 5 de agosto de 2024. Li reemplaza a Shanchun Huang, quien renunció por razones personales. Con una trayectoria en servicios financieros y gestión corporativa, Li aporta una experiencia valiosa para la transformación estratégica de FTFT.
Li ha estado en FTFT desde 2019, ocupando el cargo de Secretario Corporativo y CEO de una subsidiaria. Tiene un MBA y experiencia en empresas públicas. El Presidente de la Junta, Foyou Li, expresó confianza en la capacidad de Hu Li para llevar a la empresa a nuevas alturas. El propio Li se comprometió a acelerar el plan de crecimiento estratégico global de FTFT y a lograr un desarrollo sostenible.
Future FinTech Group Inc. (NASDAQ: FTFT)는 중요한 리더십 변화를 발표했습니다. Hu Li가 2024년 8월 5일부로 새로운 CEO, 회장 및 이사로 임명되었습니다. Li는 개인적인 사유로 사임한 Shanchun Huang을 대신하게 됩니다. 재무 서비스 및 기업 관리의 경력을 가진 Li는 FTFT의 전략적 변화를 위한 귀중한 경험을 제공합니다.
Li는 2019년부터 FTFT에 재직하며, 기업 비서 및 자회사의 CEO로 활동했습니다. 그는 MBA 학위를 보유하고 있으며, 공개 회사에서의 경험이 있습니다. 이사회의 의장인 Foyou Li는 Hu Li가 회사를 새로운 차원으로 이끌 수 있는 능력에 대한 신뢰를 표명했습니다. Li 본인도 FTFT의 글로벌 전략적 성장 계획을 가속화하고 지속 가능한 발전을 이루겠다고 약속했습니다.
Future FinTech Group Inc. (NASDAQ: FTFT) a annoncé un changement significatif dans sa direction. Hu Li a été nommé nouveau Directeur Général, Président et membre du Conseil, à compter du 5 août 2024. Li remplace Shanchun Huang, qui a démissionné pour des raisons personnelles. Avec une expérience dans les services financiers et la gestion d'entreprise, Li apporte une précieuse expertise pour la transformation stratégique de FTFT.
Li fait partie de FTFT depuis 2019, ayant occupé les postes de Secrétaire de la société et de Directeur Général d'une filiale. Il détient un MBA et a de l'expérience dans les entreprises publiques. Le Président du Conseil, Foyou Li, a exprimé sa confiance en la capacité de Hu Li à conduire l'entreprise vers de nouveaux sommets. Li s'est lui-même engagé à accélérer le plan de croissance stratégique mondial de FTFT et à atteindre un développement durable.
Future FinTech Group Inc. (NASDAQ: FTFT) hat eine bedeutende Änderung in der Unternehmensführung bekannt gegeben. Hu Li wurde zum neuen Chief Executive Officer, Präsidenten und Vorstandsmitglied ernannt, mit Wirkung zum 5. August 2024. Li tritt die Nachfolge von Shanchun Huang an, der aus persönlichen Gründen zurückgetreten ist. Mit einem Hintergrund in Finanzdienstleistungen und Unternehmensmanagement bringt Li wertvolle Erfahrungen für die strategische Transformation von FTFT mit.
Li ist seit 2019 bei FTFT und war als Unternehmenssekretär sowie CEO einer Tochtergesellschaft tätig. Er besitzt einen MBA und hat Erfahrung in börsennotierten Unternehmen. Der Vorstandsvorsitzende Foyou Li äußerte sein Vertrauen in Hu Lis Fähigkeit, das Unternehmen zu neuen Höhen zu führen. Li selbst verpflichtete sich, den globalen strategischen Wachstumsplan von FTFT zu beschleunigen und nachhaltige Entwicklung zu erreichen.
- Appointment of experienced executive Hu Li as new CEO, potentially bringing fresh perspectives and leadership
- New CEO has been with the company since 2019, ensuring continuity and deep understanding of FTFT's operations
- Commitment from new CEO to accelerate global strategic growth plan
- Departure of previous CEO Shanchun Huang, which may cause short-term leadership transition challenges
Mr. Li will be fully responsible for the operation and management of the Company, helping it to expand internationally, manage its investment and financing activities, and promote the Company's continued strategic transformation and development. Mr. Li replaces Mr. Shanchun Huang as Chief Executive Officer effective August 5, 2024. Mr. Huang resigned as CEO, President and a member of the Board for personal reasons, and not because of any disagreement with the Company, its management or its directors.
Mr. Hu Li has served as a director and Chief Executive Officer of FTFT International Securities and Futures Limited, a wholly owned subsidiary of the Company since January 2024, and as Corporate Secretary of the Company since June 2019. Since September 2021, he has served as an independent Director of Shineco Inc. (Nasdaq: SISI). Mr. Li served as the chief supervisor of Anhui Yihai Mining Equipment Co., Ltd., a public company in the China NEEQ stock market (stock symbol: 831451) from February 2018 to July 2021. From September 2015 to February 2018, Mr. Li served as the Vice General Manager of Shaanxi Huipu Financial Leasing Co., Ltd. Mr. Li obtained his master's degree in Business Administration (MBA) from Xi'an Technology University in 2008 and bachelor's degree from Xi'an Fanyi University in 1996.
Mr. Foyou Li, Future FinTech's Chairman of the Board, said, "Mr. Hu Li is an excellent executive, having joined the Company five years ago, and he has made many outstanding contributions during this period. Further, Mr. Li has played an important role as the Company transitioned into a fintech company with a diversified portfolio of financial services businesses. Mr. Li has accumulated deep knowledge of our new business and rich management experience during the past five years with the Company. I am very pleased that he has agreed to assume the responsibility as the Company's new Chief Executive Officer and believe that Mr. Li will fulfill the mission of the Company and take it to new heights of achievement and success."
Mr. Hu Li, said, "I attach great importance to this new appointment and opportunity. First of all, I would like to thank Mr. Shanchun Huang for his great contributions to the Company over the years. Future FinTech's success and development cannot be separated from the leadership and guidance of Mr. Huang as he effectively developed our corporate structure and current positioning in the fintech industry. I plan to continue to work shoulder to shoulder with the Future FinTech team to help the Company to 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."
About Future Fintech Group Inc.
Future FinTech Group Inc. (NASDAQ: FTFT) is a comprehensive financial and digital technology service provider. The Company, through its subsidiaries, conducts asset management, brokerage and investment banking services in
Safe Harbor Statement
Certain of the statements made in this press release are "forward-looking statements" within the meaning and protections of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act. Forward-looking statements include statements with respect to our beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond our control, and which may cause the actual results, performance, capital, ownership or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be forward-looking statements. You can identify these forward-looking statements through our use of words such as "may," "will," "anticipate," "assume," "should," "indicate," "would," "believe," "contemplate," "expect," "estimate," "continue," "plan," "point to," "project," "could," "intend," "target" and other similar words and expressions of the future.
All written or oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties described in our annual report on Form 10-K for the year ended December 31, 2023 and our other reports and filings with SEC. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC's Internet website at http://www.sec.gov. 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.
View original content to download multimedia:https://www.prnewswire.com/news-releases/future-fintech-announces-the-appointment-of-hu-li-as-the-new-ceo-302218094.html
SOURCE Future FinTech Group Inc.
FAQ
Who is the new CEO of Future FinTech Group (FTFT)?
What positions will Hu Li hold at Future FinTech (FTFT)?
When did Hu Li join Future FinTech (FTFT)?
What is Hu Li's background before joining Future FinTech (FTFT)?
What are Hu Li's plans for Future FinTech (FTFT) as the new CEO?
