Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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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, whi ch 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< /p> |
| 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:
| † | 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