tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Future FinTech Completes Sale of Non-Core Assets

Story Highlights
  • Future FinTech sold its subsidiary for RMB 10,000,000 to focus on core business operations.
  • The sale included the buyer assuming intra-group liabilities totaling RMB 65,872,300.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Future FinTech Completes Sale of Non-Core Assets

Claim 50% Off TipRanks Premium and Invest with Confidence

Future FinTech Group ( (FTFT) ) just unveiled an announcement.

On December 16, 2025, Future FinTech Group Inc., through its subsidiary, completed the sale of its equity interest in Future Commercial Management (Hainan) Co., Ltd. to Xi’an Yinshi Trading Co., Ltd., an unaffiliated third party. The transaction involved a purchase price of RMB 10,000,000 in addition to the buyer’s agreement to assume intra-group liabilities of RMB 65,872,300. This strategic move reduces the company’s ownership of non-core assets and consolidates its financial obligations to focus on its core business operations.

More about Future FinTech Group

Future FinTech Group Inc. operates in the financial technology sector, focusing on building platforms for digitalized asset services and supply chain financing solutions.

Average Trading Volume: 102,645

Technical Sentiment Signal: Sell

Current Market Cap: $19.55M

For an in-depth examination of FTFT stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1