Future FinTech Group Sells Hainan Subsidiary for RMB 10 Million
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Future FinTech Group Inc. has sold its wholly owned subsidiary, Future Commercial Management (Hainan) Co., Ltd., to Xi’an Yinshi Trading Co., Ltd. for RMB 10 million. The buyer will also assume and repay intra-group liabilities of approximately RMB 65.87 million. Following the transaction, the subsidiary is no longer part of Future FinTech Group.
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