Future Fintech (FTFT)Group announced certain changes to its management and Board of Directors. On June 20, Ming Yi resigned from his position as the CFO of the company, Fuyou Li resigned from his position as the Chairman of the Board and as a member of the Board’s audit and compensation committees, and Ying Li resigned from her positions as a director of the Board and the Vice President of the company. The resignations of Ming Yi, Fuyou Li and Ying Li from these positions were not a result of any disagreement with the company on any matter related to the operations, policies, or practices of the company. To fill these vacancies, on June 26, the company’s Board of Directors appointed Ting (Alina) Ouyang as a director of the Board and the CFO of the company, and David Xu as the Chairman of the Board and as a member of the Board’s audit and compensation committees of the company.
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