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Future FinTech Group Ushers in New Era with New Chief Operating Officer

Peng Lei brings wealth of experience in financial services and technology to propel the company’s strategic transformation

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Key Takeaways

  • Future FinTech Group Inc., an expansive financial and digital tech service provider, appoints Peng Lei as its new Chief Operating Officer.
  • Mr. Lei will be in charge of managing the company’s operations, promoting its supply chain financing and service business, and driving Future FinTech’s strategic transformation.
  • With over 20 years of experience in fields such as supply chain finance, banking, investment management, and corporate restructuring, Mr. Lei’s appointment underlines Future FinTech’s commitment to strategic growth and transformation.

A New Chapter for Future FinTech Group Inc.

Future FinTech Group Inc. (NASDAQ: FTFT) has announced the appointment of Peng Lei as the company’s new Chief Operating Officer (COO). This change comes as part of Future FinTech’s ongoing commitment to strategic transformation and growth in the financial technology industry.

Mr. Lei, an experienced senior manager with over two decades of expertise spanning supply chain finance, banking, investment management, and corporate restructuring, is poised to drive the company forward with his extensive background. His new role will involve managing the company’s operations, fostering the growth of its supply chain financing and service business, and advancing Future FinTech’s strategic transformation.

Prior to this role, Mr. Lei served as the general manager of Future Commercial Management Co., Ltd., a wholly owned subsidiary of the Company, since July 2022. He brings with him a wealth of experience from founding two supply chain companies, Xi’an Dingtaiheng Supply Chain Management Co., Ltd. and Ningbo Tielin Supply Chain Management Co., Ltd., and serving as their general manager to develop the coal supply chain finance business.

Mr. Lei’s extensive background, combined with his strong commitment to excellence and innovation, positions him as an instrumental figure in Future FinTech’s journey towards becoming a leading financial technology innovation enterprise.

Voices from Future FinTech

“Mr. Lei is an excellent manager as he has been immersed in the financial service and technology industry for many years and has accumulated rich management experience,” stated Future FinTech CEO, Mr. Shanchun Huang. He added, “I am pleased that Mr. Lei has been appointed as the Company’s Chief Operating Officer and am confident that Mr. Lei will undertake his new responsibilities with his full commitment, and help the Company to further execute upon its mission.”

Mr. Peng Lei expressed his enthusiasm for his new role: “I attach great importance to this new appointment and opportunity. I look forward to working closely with the FTFT team to help the Company achieve sustainable development and accelerate the transformation of its global plan. I am excited about this new role and am fully committed to excellence in every aspect of this function.”

About Future FinTech Group Inc.

Future FinTech Group Inc. (NASDAQ: FTFT) is a wide-ranging financial and digital technology service provider. Through its subsidiaries, it offers services like asset management in Hong Kong, operates a cross-border payment business in the United Kingdom, provides cryptocurrency trading data information services in the United Arab Emirates, and engages in supply chain trading and finance businesses in China.

In addition, the company provides digital asset computing power custody services in Paraguay and has initiated digital asset mining farm operations in the United States. At its core, Future FinTech is dedicated to improving financial services through digital and internet technology, and provides its business and individual customers with stable, safe, and efficient digital financial services.

Looking Ahead

With Mr. Lei at the helm of operations, Future FinTech is set to embark on a new chapter of growth and strategic transformation. His expertise, combined with Future FinTech’s commitment to innovative solutions, presents a promising prospect for the company’s evolution in the financial technology industry.

The appointment of Mr. Lei is not only a testament to Future FinTech’s commitment to strategic growth but also a beacon of the exciting opportunities that lie ahead for the company. His leadership will undoubtedly contribute to the company’s mission to create value for their worldwide customers, employees, and shareholders.

Written by Shantel

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