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Stockreport

Future Fintech signs license agreement [Seeking Alpha]

FUTURE FINTECH GROUP INC COMMON (FTFT)  More Company Research Source: Seeking Alpha
US:NASDAQ Investor Relations: ir.stockpr.com/ftft
PDF Future Fintech signs license agreementFuture FinTech Group (NASDAQ:FTFT) announced that Xi'an Hedetang Nutritious Food Research Institute Co. Ltd., a 73.42% owned subsidiary of the Company, and GlobalKey Supply Chain Ltd., a wholly owned subsidiary of the Company, signed a License Agreement with Shaanxi Entai Bio-Technology Co. Ltd. to authorize Hedetang Research to be the sole global agent for one of Entai Bio-Technology's key products series, 'IB-LIVE', and GlobalKey to serve as the product's sole global operational platform with responsibility for marketing, sales, publicity and distribution."We are pleased to announce this license agreement as it broadens our lighter asset fintech business by utilizing our marketing expertise and distribution channels," said Mr. Hongke Xue, Chief Executive Officer of Future FinTech. "We believe that the agreement is a perfect fit with our strategic plan as it drives entry into a new high margin business by leveraging one of our core competencies w [Read more]

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