Future FinTech Group Reschedules Filing of Second Quarter 2017 Financial Results

XI'AN, China, Aug. 14, 2017 /PRNewswire/ -- Future FinTech Group Inc. (NASDAQ: FTFT) ("Future FinTech" or "the Company"), a financial technology company and integrated producer of fruit-related products, today announced it will be delaying the filing of its Quarterly Report on Form 10-Q for the quarter ended June 30, 2017 (the "Form 10-Q"). The Company has filed an extension with the Securities and Exchange Commission in accordance with Rules 12b-25(b) and 12b-25(c) for the Form 10-Q and anticipates filing the Form 10-Q before the fifth calendar day following the prescribed due date.

About Future FinTech Group Inc.

Future FinTech Group Inc. ("Future FinTech" or the "Company"), is an agricultural products company that utilizes financial technology solutions to operate and grow its businesses.  The Company is engaged in the production and sales of fruit juice concentrates, fruit beverages, and other fruit related products in China and certain overseas markets. The Company's fruit juice concentrates are sold to domestic customers and exported directly or via distributors. Its fruit juice products, "Hedetang" and "SkyPeople," are healthy and nutritious beverages and sold primarily in China. The Company intends to vertically integrate its operations through its long-term lease and pending acquisition of agricultural orchards that are located in highly productive growing areas in China. The Company leverages e-commerce and new technology platforms and is building a regional agricultural products commodities market with the goal to become a leader in agricultural finance technology. For more information, please visit http://www.ftft.top/.

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SOURCE Future FinTech Group Inc.