Huang Shanchun → Future FinTech Group Inc. FTFT

On July 24, 2025, Future FinTech Group Inc. (the "Company") entered into a securities purchase agreement (the "Equity SPA") with certain institutional and individual investors (each, a "Purchaser"), pursuant to which the Company agreed to issue and sell, and the Purchasers agreed to purchase, up to an aggregate of 15,000,000 shares of the Company's common stock, par value $0.001 per share (the "Common Stock"), at a purchase price of $2.00 per share. On September 16, 2025, the Company issued 9,000,000 shares of its common stock to Wealth Index Capital Limited ("WICL") at a purchase price of $2.00 per share, for an aggregate of $18,000,000, pursuant to the Equity SPA. The shares were acquired by WICL using its working capital. As a result of the issuance of shares, WICL owns approximately 48.107% of the Company's 18,708,311 outstanding shares of common stock. As a result of the reverse stock splits effected by the Company since the date of this issuance, a 1-for-4 reverse stock split on January 20, 2026, a 1-for-4 reverse stock split on July 13, 2026, and a 1-for-4 reverse stock split on August 31, 2026 (a combined 1-for-64 adjustment), the 9,000,000 shares issued to WICL on September 16, 2025 were proportionately adjusted to 140,625 shares. On July 29, 2026, Future FinTech Group Inc. (the "Company") entered into a securities purchase agreement (the "2026 SPA") with certain institutional and individual investors (each, a "Purchaser"), pursuant to which the Company agreed to issue and sell, and the Purchasers agreed to purchase, up to an aggregate of 30,000,000 shares of the Company's common stock, par value $0.001 per share (the "Common Stock"), at a purchase price of $1.00 per share. On July 29, 2026, the Company issued 10,000,000 shares of its common stock to Wealth Index Capital Limited ("WICL") at a purchase price of $1.00 per share, for an aggregate of $10,000,000, pursuant to the 2026 SPA. The shares were acquired by WICL using its working capital. As a result of the issuance of shares, WICL owns approximately 32.539% of the Company's 32,460,890 outstanding shares of common stock. As a result of the 1-for-4 reverse stock split effected by the Company on August 31, 2026, the 10,000,000 shares issued to WICL on July 29, 2026 were proportionately adjusted to 2,500,000 shares. Except as set forth in this Item 4, the Reporting Persons do not have any present plans or proposals which relate to or would result in any of the transactions of this Item 4.