Filing Details

Accession Number:
0001213900-21-000902
Form Type:
13D Filing
Publication Date:
2021-01-07 16:30:02
Filed By:
Skypeople International Holdings Group Ltd
Company:
Future Fintech Group Inc. (NASDAQ:FTFT)
Filing Date:
2021-01-07
SEC Url:
13D Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
SkyPeople International Holdings Group Limited 0 0 0 0 0 0%
V.X. Fortune Capital Limited 0 1,671,955 0 1,671,955 1,671,955 3.55%
Fancylight Limited 0 1,671,955 0 1,671,955 1,671,955 3.55%
Zeyao Xue 11,340,637 1,671,955 11,340,637 1,671,955 13,012,622 27.65%
Yongke Xue 500,000 1,671,955 500,000 1,671,955 2,171,955 4.62%
Golden Dawn International Limited 0 1,488,570 0 1,488,570 1,488,570 3.16%
China Tianren Organic Food Holding Company Limited 0 183,385 0 183,385 183,385 0.39%
Hongke Xue 300,000 1,671,955 300,000 1,671,955 1,971,955 4.19%
Filing
 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

SCHEDULE 13D

(Amendment No. 8)*

 

Under the Securities Exchange Act of 1934

 

 

 

FUTURE FINTECH GROUP INC.

(Name of Issuer)

 

Common Stock

(Title of Class of Securities)

 

36117V105

(CUSIP Number)

 

SkyPeople International Holdings Group Limited

23F, China Development Bank Tower,

No. 2, Gaoxin 1st Road

Xi’an, People’s Republic of China 710075

+86-29-81878277

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

 

December 28, 2020

(Date of Event which Requires Filing of this Statement)

 

 

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.  ☐

 

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

 

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

   

CUSIP No. 36117V105

 

 

1.

Names of Reporting Persons.

 

SkyPeople International Holdings Group Limited

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ☐        (b)  ☒

 

3.

SEC Use Only

 

4.

Source of Funds (See Instructions)

 

OO

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)  ☐

 

6.

Citizenship or Place of Organization

 

     Cayman Islands

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

 

7.

Sole Voting Power

 

      0

8.

Shared Voting Power

 

      0

9.

Sole Dispositive Power

 

      0

10.

Shared Dispositive Power

 

      0

11.

Aggregate Amount Beneficially Owned by Each Reporting Person

 

     0

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)  ☐

 

 
13.

Percent of Class Represented by Amount in Row (11)

 

     0%

14.

Type of Reporting Person (See Instructions)

 

     CO

 

 2 

 

CUSIP No. 36117V105

 

 

1.

Names of Reporting Persons.

 

V.X. Fortune Capital Limited

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ☐        (b)  ☒

 

3.

SEC Use Only

   
4.

Source of Funds (See Instructions)

 

     OO

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)  ☐

 

6.

Citizenship or Place of Organization

 

     British Virgin Islands

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

 

7.

Sole Voting Power

 

     0

8.

Shared Voting Power

 

     1,671,9551

9.

Sole Dispositive Power

 

     0

10.

Shared Dispositive Power

 

     1,671,9551

11.

Aggregate Amount Beneficially Owned by Each Reporting Person

 

     1,671,955

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)  ☐

 

 
13.

Percent of Class Represented by Amount in Row (11)

 

     3.55%2

14.

Type of Reporting Person (See Instructions)

 

     CO

 

1 In its capacity as holder of 100.0% of the equity interests in SkyPeople International Holdings Group Limited, Golden Dawn International Limited, and China Tianren Organic Food Holding Company Limited.

 

2 Based on 47,053,606 shares of common stock issued and outstanding as reported by the Issuer’s transfer agent as of December 31, 2020.

  

 3 

 

CUSIP No. 36117V105

 

 

1.

Names of Reporting Persons.

 

Fancylight Limited

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ☐        (b)  ☒

 

3.

SEC Use Only

 

4.

Source of Funds (See Instructions)

 

     OO

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)  ☐

 

6.

Citizenship or Place of Organization

 

     British Virgin Islands

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

 

7.

Sole Voting Power

 

     0

8.

Shared Voting Power

 

     1,671,9553

9.

Sole Dispositive Power

 

     0

10.

Shared Dispositive Power

 

     1,671,9553

11.

Aggregate Amount Beneficially Owned by Each Reporting Person

 

     1,671,955

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)  ☐

 

 
13.

Percent of Class Represented by Amount in Row (11)

 

     3.55%4

14.

Type of Reporting Person (See Instructions)

 

     CO

 

3  In its capacity as holder of 100.0% of the equity interest in V.X. Fortune Capital Limited, which in turn holds 100.0% of the equity interest in SkyPeople International Holdings Group Limited, Golden Dawn International Limited and China Tianren Organic Food Holding Company Limited.

 

4 Based on 47,053,606 shares of common stock issued and outstanding as reported by the Issuer’s transfer agent as of December 31, 2020.

 

 4 

 

CUSIP No. 36117V105

 

  

1.

Names of Reporting Persons.

 

Zeyao Xue

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ☐        (b)  ☒

 

3.

SEC Use Only

 

4.

Source of Funds (See Instructions)

 

     OO

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)  ☐

 

6.

Citizenship or Place of Organization

 

     People’s Republic of China

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

 

7.

Sole Voting Power

 

     11,340,637

8.

Shared Voting Power

 

     1,671,9555

9.

Sole Dispositive Power

 

     11,340,637

10.

Shared Dispositive Power

 

     1,671,9555

11.

Aggregate Amount Beneficially Owned by Each Reporting Person

 

     13,012,622

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)  ☐

 

 
13.

Percent of Class Represented by Amount in Row (11)

 

     27.65%6

14.

Type of Reporting Person (See Instructions)

 

     IN

 

5  In his capacity as the direct beneficial holder of 11,340,637 shares and the holder of 100.0% of the equity interest in, and sole director of, Fancylight Limited, which in turn wholly-owns V.X. Fortune Capital Limited.

 

6  Based on 47,053,606 shares of common stock issued and outstanding as reported by the Issuer’s transfer agent as of December 31, 2020.

 

 5 

 

CUSIP No. 36117V105

 

  

1.

Names of Reporting Persons.

 

Yongke Xue

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ☐        (b)  ☒

 

3.

SEC Use Only

 

4.

Source of Funds (See Instructions)

 

     OO

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)  ☐

 

6.

Citizenship or Place of Organization

 

     People’s Republic of China

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

 

7.

Sole Voting Power

 

     500,000

8.

Shared Voting Power

 

     1,671,9557

9.

Sole Dispositive Power

 

     500,000

10.

Shared Dispositive Power

 

     1,671,9557

11.

Aggregate Amount Beneficially Owned by Each Reporting Person

 

     2,171,955

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)  ☐

 

 
13.

Percent of Class Represented by Amount in Row (11)

 

     4.62%8

14.

Type of Reporting Person (See Instructions)

 

     IN

 

7  In his capacity as the sole director of each of (i) SkyPeople International Holdings Group Limited and (ii) V.X. Fortune Capital Limited.

 

8  Based on 47,053,606 shares of common stock issued and outstanding as reported by the Issuer’s transfer agent as of December 31, 2020.

 

 6 

 

CUSIP No. 36117V105

 

 

1.

Names of Reporting Persons.

 

Golden Dawn International Limited

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ☐        (b)  ☒

 

3.

SEC Use Only

 

4.

Source of Funds (See Instructions)

 

     OO

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)  ☐

 

6.

Citizenship or Place of Organization

 

     British Virgin Islands

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

 

7.

Sole Voting Power

 

     0

8.

Shared Voting Power

 

     1,488,570

9.

Sole Dispositive Power

 

     0

10.

Shared Dispositive Power

 

     1,488,570

11.

Aggregate Amount Beneficially Owned by Each Reporting Person

 

     1,488,570

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)  ☐

 

 
13.

Percent of Class Represented by Amount in Row (11)

 

     3.16%9

14.

Type of Reporting Person (See Instructions)

 

     CO

 

9  Based on 47,053,606 shares of common stock issued and outstanding as reported by the Issuer’s transfer agent as of December 31, 2020.

 

 7 

 

CUSIP No. 36117V105

 

 

1.

Names of Reporting Persons.

 

China Tianren Organic Food Holding Company Limited

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ☐        (b)  ☒

 

3.

SEC Use Only

 

4.

Source of Funds (See Instructions)

 

     OO

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)  ☐

 

6.

Citizenship or Place of Organization

 

     British Virgin Islands

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

 

7.

Sole Voting Power

 

     0

8.

Shared Voting Power

 

     183,385

9.

Sole Dispositive Power

 

     0

10.

Shared Dispositive Power

 

     183,385

11.

Aggregate Amount Beneficially Owned by Each Reporting Person

 

     183,385

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)  ☐

 

 
13.

Percent of Class Represented by Amount in Row (11)

 

     0.39%10

14.

Type of Reporting Person (See Instructions)

 

     CO

 

10  Based on 47,053,606 shares of common stock issued and outstanding as reported by the Issuer’s transfer agent as of December 31, 2020.

 

 8 

  

CUSIP No. 36117V105

 

1.

Names of Reporting Persons.

 

Hongke Xue

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ☐        (b)  ☒

 

3.

SEC Use Only

 

4.

Source of Funds (See Instructions)

 

     OO

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)  ☐

 

6.

Citizenship or Place of Organization

 

     People’s Republic of China

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

 

7.

Sole Voting Power

 

     300,000

8.

Shared Voting Power

 

     1,671,95511

9.

Sole Dispositive Power

 

     300,000

10.

Shared Dispositive Power

 

     1,671,95511

11.

Aggregate Amount Beneficially Owned by Each Reporting Person

 

     1,971,955

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)  ☐

 

 
13.

Percent of Class Represented by Amount in Row (11)

 

     4.19%12

14.

Type of Reporting Person (See Instructions)

 

     IN

  

11  In his capacity as sole director of China Tianren Organic Food Holding Company Limited and Golden Dawn International Limited.

 

12  Based on 47,053,606 shares of common stock issued and outstanding as reported by the Issuer’s transfer agent as of December 31, 2020.

 

 9 

 

Introductory Statement

 

This Amendment No. 8 to Schedule 13D (“Amendment No. 8”) amends and supplements the statement on Schedule 13D jointly filed on September 24, 2012 (the “Initial Statement”), as amended by Amendment No. 1 to Schedule 13D filed jointly on December 28, 2012, Amendment No. 2 to Schedule 13D filed jointly on July 20, 2016, Amendment No. 3 to Schedule 13D filed jointly on June 28, 2017, Amendment No. 4 to Schedule 13D filed jointly on July 25, 2017, Amendment No. 5 to Schedule 13D filed jointly on October 6, 2017, Amendment No. 6 to Schedule 13D filed jointly on April 26, 2018 and Amendment No. 7 to Schedule 13D filed jointly on June 4, 2018 (“Amendment No. 7”) with respect to shares of common stock, par value $0.001 per share (the “Common Stock”), of Future FinTech Group Inc. (the “Issuer”), a Florida corporation.

 

This Amendment No. 8 is being filed by (i) SkyPeople International Holdings Group Limited, (ii) V.X. Fortune Capital Limited, (iii) Fancylight Limited, (iv) Yongke Xue, (v) Golden Dawn International Limited, (vi) Zeyao Xue, (vii) China Tianren Organic Food Holding Company Limited and (viii) Hongke Xue (each a “Reporting Person” and, collectively, the “Reporting Persons”).

 

Item 2. Identity and Background

 

Item 2 of the Initial Statement, as amended, is hereby amended and restated in its entirety as follows:

 

(a) Name  

(b)

●      Residence address or business address or

●      Principal office (if person in column (a) is an entity)

 

(c)

●      Present principal occupation or employment and the name, principal business and address of any corporation or other organization in which such employment is conducted or

●      Principal business (if person in column (a) is an entity)

  (f) Citizenship or jurisdiction of incorporation, as applicable
           
SkyPeople International Holdings Group Limited  

c/o Yongke Xue

23F, China Development Bank Tower

No. 2, Gaoxin 1st Road

Xi’an, People’s Republic of China 710075

  Investment holding   Cayman Islands
             
V.X. Fortune Capital Limited  

c/o Yongke Xue

23F, China Development Bank Tower

No. 2, Gaoxin 1st Road

Xi’an, People’s Republic of China 710075

  Investment holding   British Virgin Islands
             
Fancylight Limited  

c/o Zeyao Xue

No.3, Xijuyuan Xiang, Lianhu District

Xi’an, Shaanxi Province

People’s Republic of China 710075

  Investment holding   British Virgin Islands
             
Yongke Xue  

No.3, Xijuyuan Xiang, Lianhu District

Xi’an, Shaanxi Province

People’s Republic of China 710075

 

Yongke Xue Chairman of the board of directors of the Issuer.

Yongke Xue is also the sole director of each of (i) SkyPeople International Holdings Group Limited and (ii) V.X. Fortune Capital Limited.

  People’s Republic of China

 

10

 

 

Zeyao Xue  

No.3, Xijuyuan Xiang, Lianhu District

Xi’an, Shaanxi Province

People’s Republic of China 710075

  Zeyao Xue is the sole director of Fancylight Limited, son of Yongke Xue and a student at Kwantlen Polytechnic University.   People’s Republic of China
             
Golden Dawn International Limited  

c/o Hongke Xue

23F, China Development Bank Tower

No. 2, Gaoxin 1st Road

Xi’an, People’s Republic of China 710075

  Investment holding   British Virgin Islands
             
China Tianren Organic Food Holding Company Limited  

c/o Hongke Xue

23F, China Development Bank Tower

No. 2, Gaoxin 1st Road

Xi’an, People’s Republic of China 710075

  Investment holding   British Virgin Islands
             
Hongke Xue  

23F, China Development Bank Tower No. 2, Gaoxin 1st Road

Xi’an, People’s Republic of China 710075

  Hongke Xue an officer of a subsidiary of the Issuer. Hongke Xue is also the sole director of China Tianren Organic Food Holding Company Limited and Gold Dawn International Limited.   People’s Republic of China

 

(d) Each of the Reporting Persons has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) during the last five years.

 

(e) Each of the Reporting Persons has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws during the last five years.

 

Item 3. Source and Amount of Funds or Other Consideration

 

The information contained in Item 6 of this Amendment No. 8 is incorporated herein by reference.

 

Item 4. Purpose of Transaction

 

The information contained in Item 6 of this Amendment No. 8 is incorporated herein by reference.

 

Item 5.

Interest in Securities of the Issuer

 

Item 5 of the Initial Statement, as amended, is hereby amended and restated in its entirety as follows:

 

(a) All percentages of Common Stock beneficially owned as described in this Statement are based on 47,053,606 shares of common stock issued and outstanding based on report by the Issuer’s transfer agent as of December 31, 2020.

 

11

 

 

1. SkyPeople International Holdings Group Limited has direct beneficial ownership of 0 shares of the Common Stock of the Issuer. SkyPeople International Holdings Group Limited’s beneficial ownership in the Common Stock represented 0% of the outstanding Common Stock that were deemed to be outstanding for purposes of calculating the beneficial ownership of SkyPeople International Holdings Group Limited under Section 13(d) of the Act.

 

2. V.X. Fortune Capital Limited, through its 100.0% equity interests in SkyPeople International Holdings Group Limited, Golden Dawn International Limited and China Tianren Organic Food Holding Company Limited, has indirect beneficial ownership of an aggregate of 1,671,955 shares of Common Stock of the Issuer. V.X. Fortune Capital Limited’s beneficial ownership in the Common Stock represented approximately 3.55% of the outstanding Common Stock that were deemed to be outstanding for purposes of calculating the beneficial ownership of V.X. Fortune Capital Limited under Section 13(d) of the Act.

 

3. Fancylight Limited, which owns a 100.0% equity interest in V.X. Fortune Capital Limited, has indirect beneficial ownership of an aggregate of 1,671,955 shares of Common Stock of the Issuer. Fancylight Limited’s beneficial ownership in the Common Stock represented approximately 3.55% of the outstanding Common Stock that were deemed to be outstanding for purposes of calculating the beneficial ownership of Fancylight Limited under Section 13(d) of the Act.

 

4. Zeyao Xue, through his direct beneficial ownership of 11,340,637 shares of Common Stock of the Issuer, and his ownership and service as the sole director of Fancylight Limited, which owns a 100.0% equity interest in V.X. Fortune Capital Limited, through which he has indirect beneficial ownership of an aggregate of 1,671,955 shares of Common Stock of the Issuer, has beneficial ownership of 13,012,622 shares of the Common Stock of the Issuer. Zeyao Xue’s beneficial ownership in the Common Stock represented approximately 27.65% of the outstanding Common Stock that were deemed to be outstanding for purposes of calculating the beneficial ownership of Zeyao Xue under Section 13(d) of the Act.

 

5. Golden Dawn International Limited has direct beneficial ownership of an aggregate of 1,488,570 shares of Common Stock of the Issuer. Golden Dawn International Limited’s beneficial ownership in the Common Stock represented approximately 3.16% of the outstanding Common Stock that were deemed to be outstanding for purposes of calculating the beneficial ownership of Golden Dawn International Limited under Section 13(d) of the Act.

 

6. Yongke Xue, through his direct beneficial ownership of 500,000 shares of Common Stock of the Issuer, and as the sole director of V.X. Fortune Capital Limited, through which he has indirect beneficial ownership of 1,671,955 shares of Common Stock of the Issuer, has beneficial ownership of 2,171,955 shares of the Common Stock of the Issuer. Yongke Xue’s beneficial ownership in the Common Stock represented approximately 4.62% of the outstanding Common Stock that were deemed to be outstanding for purposes of calculating the beneficial ownership of Yongke Xue under Section 13(d) of the Act. Yongke Xue is also the sole director of SkyPeople International Holdings Group Limited.

 

7. China Tianren Organic Food Holding Company Limited has direct beneficial ownership of an aggregate of 183,385 shares of Common Stock of the Issuer. China Tianren Organic Food Holding Company Limited’s beneficial ownership in the Common Stock represented approximately 0.39% of the outstanding Common Stock that were deemed to be outstanding for purposes of calculating the beneficial ownership of China Tianren Organic Food Holding Company Limited under Section 13(d) of the Act.

 

8. Hongke Xue, through his direct beneficial ownership of 300,000 shares of Common Stock of the Issuer, and as sole director of China Tianren Organic Food Holding Company Limited and Golden Dawn International Limited, through which he has indirect beneficial ownership of 1,671,955 shares of Common Stock of the Issuer, has beneficial ownership of 1,971,955 shares of the Common Stock of the Issuer. Hongke Xue’s beneficial ownership in the Common Stock represented approximately 4.19% of the outstanding Common Stock that were deemed to be outstanding for purposes of calculating the beneficial ownership of Hongke Xue under Section 13(d) of the Act.

 

The filing of this Statement shall not be construed as an admission that any of the Reporting Persons is the beneficial owner of any securities covered by this Statement other than the securities actually owned by such person, if any.

 

12

 

 

(b)

 

1. SkyPeople International Holdings Group Limited may be deemed to exercise shared power to vote or to direct the vote and shared power to dispose or to direct the disposition of an aggregate of 0 shares of Common Stock of the Issuer.

 

2. V.X. Fortune Capital Limited may be deemed to exercise shared power to vote or to direct the vote and shared power to dispose or to direct the disposition of an aggregate of 1,671,955 shares of Common Stock of the Issuer

 

3. Fancylight Limited may be deemed to exercise shared power to vote or to direct the vote and shared power to dispose or to direct the disposition of an aggregate of 1,671,955 shares of Common Stock of the Issuer.

 

4. Zeyao Xue may be deemed to exercise shared power to vote or to direct the vote and shared power to dispose or to direct the disposition of an aggregate of 1,671,955 shares of Common Stock of the Issuer. Mr. Zeyao Xue may be deemed to exercise sole power to vote or to direct the vote and sole power to dispose or to direct the disposition of 11,340,637 shares of Common Stock of the Issuer.

 

5. Golden Dawn International Limited may be deemed to exercise shared power to vote or to direct the vote and shared power to dispose or to direct the disposition of an aggregate of 1,488,570 shares of Common Stock of the Issuer.

 

6. China Tianren Organic Food Holding Company Limited may be deemed to exercise shared power to vote or to direct the vote and shared power to dispose or to direct the disposition of an aggregate of 183,385 shares of Common Stock of the Issuer.

 

7. Yongke Xue may be deemed to exercise shared power to vote or to direct the vote and shared power to dispose or to direct the disposition of an aggregate of 1,671,955 shares of Common Stock of the Issuer. Mr. Yongke Xue may be deemed to exercise sole power to vote or to direct the vote and sole power to dispose or to direct the disposition of 500,00 shares of Common Stock of the Issuer.

 

8. Hongke Xue may be deemed to exercise shared power to vote or to direct the vote and shared power to dispose or to direct the disposition of an aggregate of 1,671,955 shares of Common Stock of the Issuer. Mr. Hongke Xue may be deemed to exercise sole power to vote or to direct the vote and sole power to dispose or to direct the disposition of 300,00 shares of Common Stock of the Issuer.

 

(c) Other than as reported herein, each of the Reporting Persons has not effected any transactions in the Common Stock during the past 60 days or since the filing of Amendment No. 7 to the Initial Statement.

 

(d)

 

1. Other than as described in Item 6 herein, to the knowledge of V.X. Fortune Capital Limited, Fancylight Limited, Yongke Xue and Zeyao Xue, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the 1,671,955 shares of Common Stock over which V.X. Fortune Capital Limited, Fancylight Limited, Yongke Xue and Zeyao Xue have beneficial ownership.

 

2. Other than as described in Item 6, to the knowledge of Golden Dawn International Limited and Hongke Xue, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the 1,488,570 shares of Common Stock over which Golden Dawn International Limited and Hongke Xue have beneficial ownership.

 

3. Other than as described in Item 6, to the knowledge of China Tianren Organic Food Holding Company Limited and Hongke Xue, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the 183,385 shares of Common Stock over which China Tianren Organic Food Holding Company Limited and Hongke Xue have beneficial ownership.

 

13

 

 

(e)

 

Not applicable.

 

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

 

Item 6 of the Initial Statement, as amended, is hereby amended and supplemented as follows:

 

On December 28, 2020, the Compensation Committee of the Board of Directors of the Issuer granted shares of common stock to certain director and employees of the Issuer, including 500,000 shares of the common stock to Yongke Xue and 300,000 shares of common stock to Hongke Xue pursuant to Future FinTech Group Inc. 2019 Omnibus Equity Plan. Each of Yongke Xue and Hongke Xue entered into a standard unrestricted stock award agreement with the Issuer.

 

Item 7. Material to Be Filed as Exhibits

 

Item 7 of the Initial Statement, as amended, is hereby amended and supplemented as follows:

 

Exhibit
Number
  Description
99.1(a)†   Joint Filing Agreement among SkyPeople International Holdings Group Limited, V.X. Fortune Capital Limited, Yongke Xue, Golden Dawn International Limited, Everlasting Rich Limited, China Tianren Organic Food Holding Company Limited and Lin Bai dated September 24, 2012.
   
99.1(b)†   Joint Filing Agreement among SkyPeople International Holdings Group Limited, V.X. Fortune Capital Limited, Fancylight Limited, Yongke Xue, Golden Dawn International Limited, Everlasting Rich Limited, China Tianren Organic Food Holding Company Limited and Lin Bai dated January 4, 2013.
   
99.1(c)†   Joint Filing Agreement among SkyPeople International Holdings Group Limited, V.X. Fortune Capital Limited, Fancylight Limited, Yongke Xue, Golden Dawn International Limited, Everlasting Rich Limited, China Tianren Organic Food Holding Company Limited and Hongke Xue dated June 28, 2017.
     
99.1(d)†   Joint Filing Agreement among SkyPeople International Holdings Group Limited, V.X. Fortune Capital Limited, Fancylight Limited, Yongke Xue, Zeyao Xue, Golden Dawn International Limited, China Tianren Organic Food Holding Company Limited and Hongke Xue dated October 6, 2017.
     
99.2†   Share Exchange Agreement among SkyPeople International Holdings Group Limited, Golden Dawn International Limited, Hongke Xue, Yongke Xue, V.X. Fortune Capital Limited and Kingline International Limited dated September 14, 2012.
   
99.3†   Share Charge between China Tianren Organic Food Holding Company Limited, Golden Dawn International Limited and Vandi Investments Limited dated December 28, 2012.
   
99.4†   Share Charge between China Tianren Organic Food Holding Company Limited, Golden Dawn International Limited and COFCO (Beijing) Agricultural Industrial Equity Investment Fund dated December 28, 2012.
   
99.5†   Share Purchase Agreement between SkyPeople International Holdings Group Limited and SkyPeople Fruit Juice, Inc., dated October 16, 2015, incorporated by reference to Exhibit 10.1 to Current Report on Form 8-K filed by the Issuer on October 16, 2015.
   
99.6†   Stock Purchase Agreement among Golden Dawn International Limited, SkyPeople International Holdings Group Limited, V.X. Fortune Capital Limited, Fancylight Limited, Yongke Xue, Future World Investment Holding Limited and Pei Lei (“Pei”) dated July 10, 2016.
     
99.7†   Termination Letter from Yongke Xue, dated June 15, 2017.
     

99.8†

  Share Purchase Agreement between Future FinTech Group Inc. and Zeyao Xue, dated November 3, 2017.
     
99.9†   Securities Purchase Agreement between Bingke Zhang and SkyPeople International Holdings Group Limited, dated May 25, 2018.
     
99.10   Unrestricted Stock Award Agreement by and between the Issuer and Yongke Xue, dated December 28, 2020
     
99.11   Unrestricted Stock Award Agreement by and between the Issuer and Hongke Xue, dated December 28, 2020

 

Previously filed.

 

14

 

  

Signatures

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this Statement is true, complete and correct.

 

Date: January 7, 2021

  SkyPeople International Holding Group Limited
   
  By: /s/ Yongke Xue
  Name:   Yongke Xue
  Title: Sole Director
     
  V.X. Fortune Capital Limited
   
  By: /s/ Yongke Xue
  Name: Yongke Xue
  Title: Sole Director
     
  Fancylight Limited
   
  By: /s/ Zeyao Xue
  Name: Zeyao Xue
  Title: Sole Director
     
  Zeyao Xue
     
  /s/ Zeyao Xue

 

  Yongke Xue
   
  /s/ Yongke Xue

 

  Golden Dawn International Limited
   
  By: /s/ Hongke Xue
  Name:   Hongke Xue
  Title: Sole Director
     
  China Tianren Organic Food Holding Company Limited
   
  By: /s/ Hongke Xue
  Name: Hongke Xue
  Title: Sole Director
     
  Hongke Xue
     
  /s/ Hongke Xue

 

 

15