Form SCHEDULE 13D/A Future FinTech Group Filed by: Huang Shanchun
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
|
Future FinTech Group Inc. (Name of Issuer) |
Common Stock, $0.001 par value per share (Title of Class of Securities) |
(CUSIP Number) |
Shanchun Huang 3-2-205 Xi Jing Rd.,, Badachu High-Tech Industrial Park Beijing, F4, 100041 86 10 67084378 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
07/29/2026 (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 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).
SCHEDULE 13D
|
| CUSIP No. |
| 1 |
Name of reporting person
Wealth Index 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)
WC | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
| ||||||||
| 6 | Citizenship or place of organization
HONG KONG
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 11 | Aggregate amount beneficially owned by each reporting person
2,640,625.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
| ||||||||
| 13 | Percent of class represented by amount in Row (11)
32.5 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
OO |
Comment for Type of Reporting Person:
Percentage of ownership in Box 13 above is calculated based on an aggregate of 8,115,223 shares of Common Stock outstanding as of August 25, 2026 based upon information received from the Issuer's transfer agent. For additional information please refer to Item 4.
SCHEDULE 13D
|
| CUSIP No. |
| 1 |
Name of reporting person
Shanchun Huang | ||||||||
| 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)
AF | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
| ||||||||
| 6 | Citizenship or place of organization
MALTA
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 11 | Aggregate amount beneficially owned by each reporting person
2,640,625.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
| ||||||||
| 13 | Percent of class represented by amount in Row (11)
32.5 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
IN |
Comment for Type of Reporting Person:
The numbers reported in Rows 7, 9, and 11 represent 2,640,625 shares of common stock, par value $0.001 per share, of Future FinTech Group Inc. (the "issuer") and directly held by Wealth Index Capital Limited ("WICL"). WICL is wholly owned and controlled by Mr. Shanchun Huang, its sole member.
SCHEDULE 13D
|
| Item 1. | Security and Issuer |
| (a) | Title of Class of Securities:
Common Stock, $0.001 par value per share |
| (b) | Name of Issuer:
Future FinTech Group Inc. |
| (c) | Address of Issuer's Principal Executive Offices:
02B-03A, 23/F, Sino Plaza, 255-257 Gloucester Road, Causeway Bay,
HONG KONG
, 000000. |
| Item 2. | Identity and Background |
| (a) | Wealth Index Capital Limited, a liability company organized under the laws of Hong Kong;
Shanchun Huang is the sole member of Wealth Index Capital Limited.
Each of the foregoing is referred to as a "Reporting Person" and collectively as the "Reporting Persons." Each of the Reporting Persons is party to that certain Joint Filing Agreement, as further described in Item 6. Accordingly, the Reporting Persons are hereby filing a joint Schedule 13D. |
| (b) | The residence address of Mr. Huang is No.3-2-205 Xi Jing Road, Ba Da Chu Badachu High-Tech Industrial Park, Shi Jing Shan District, Beijing, China. 3-2-205 Xi Jing Rd.
The principal business office of Wealth Index Capital Limited is 17F Chung Nam Building, 1 Lockhart Road, Wan Chai, Hong Kong. |
| (c) | The principal business of Wealth Index Capital Limited is 17F Chung Nam Building, 1 Lockhart Road, Wan Chai, Hong Kong.
Mr. Shanchun Huang serves as the sole member of Wealth Index Capital Limited |
| (d) | Neither Reporting Person has, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanours). |
| (e) | Neither Reporting Person has, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which such Reporting Person 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. |
| (f) | Shanchun Huang is a citizen of Republic of Malta.
Wealth Index Capital Limited is a limited company organized under the laws of Hong Kong. |
| Item 3. | Source and Amount of Funds or Other Consideration |
The information set forth in Items 4 and 5 of this Schedule 13D is hereby incorporated by reference into this Item 3. | |
| Item 4. | Purpose of Transaction |
On July 24, 2025, Future FinTech Group Inc. (the "Company") entered into a securities purchase agreement (the "Equity SPA") with certain institutional and individual investors (each, a "Purchaser"), pursuant to which the Company agreed to issue and sell, and the Purchasers agreed to purchase, up to an aggregate of 15,000,000 shares of the Company's common stock, par value $0.001 per share (the "Common Stock"), at a purchase price of $2.00 per share.
On September 16, 2025, the Company issued 9,000,000 shares of its common stock to Wealth Index Capital Limited ("WICL") at a purchase price of $2.00 per share, for an aggregate of $18,000,000, pursuant to the Equity SPA. The shares were acquired by WICL using its working capital. As a result of the issuance of shares, WICL owns approximately 48.107% of the Company's 18,708,311 outstanding shares of common stock. As a result of the reverse stock splits effected by the Company since the date of this issuance, a 1-for-4 reverse stock split on January 20, 2026, a 1-for-4 reverse stock split on July 13, 2026, and a 1-for-4 reverse stock split on August 31, 2026 (a combined 1-for-64 adjustment), the 9,000,000 shares issued to WICL on September 16, 2025 were proportionately adjusted to 140,625 shares.
On July 29, 2026, Future FinTech Group Inc. (the "Company") entered into a securities purchase agreement (the "2026 SPA") with certain institutional and individual investors (each, a "Purchaser"), pursuant to which the Company agreed to issue and sell, and the Purchasers agreed to purchase, up to an aggregate of 30,000,000 shares of the Company's common stock, par value $0.001 per share (the "Common Stock"), at a purchase price of $1.00 per share.
On July 29, 2026, the Company issued 10,000,000 shares of its common stock to Wealth Index Capital Limited ("WICL") at a purchase price of $1.00 per share, for an aggregate of $10,000,000, pursuant to the 2026 SPA. The shares were acquired by WICL using its working capital. As a result of the issuance of shares, WICL owns approximately 32.539% of the Company's 32,460,890 outstanding shares of common stock. As a result of the 1-for-4 reverse stock split effected by the Company on August 31, 2026, the 10,000,000 shares issued to WICL on July 29, 2026 were proportionately adjusted to 2,500,000 shares.
Except as set forth in this Item 4, the Reporting Persons do not have any present plans or proposals which relate to or would result in any of the transactions of this Item 4. | |
| Item 5. | Interest in Securities of the Issuer |
| (a) | WICL is the record shareholder and directly holds 2,640,625 shares of the Company's common stock, representing approximately 32.5% of the Company's 8,115,223 outstanding shares of common stock as of August 25, 2026, based on information from the Company's transfer agent.
Mr. Shanchun Huang is the sole member of WICL and holds 100% ownership in WICL. As such, Mr. Huang may be deemed a beneficial owner of the 2,640,625 shares of the Company's common stock directly held by WICL pursuant to Section 13(d)(3) of the Act.
The responses of each Reporting Person to Rows (7) through (13) of the cover pages of this Schedule 13D are hereby incorporated by reference in this Item 5. |
| (b) | The responses of each Reporting Person to Rows (7) through (13) of the cover pages of this Schedule 13D are hereby incorporated by reference in this Item 5. |
| (c) | Except as described in Item 4, neither Reporting Person has effected any transactions in the Common Stock of the Issuer in the past 60 days. |
| (d) | No person other than the Reporting Persons is known to have the right to receive, or the power to direct the receipt of dividends from, or proceeds from the sale of, the Shares. |
| (e) | Not applicable. |
| Item 6. | Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer |
The information set forth in Items 3 and 4 of this Schedule 13D is hereby incorporated by reference into this Item 6.
On September 20, 2025, the Reporting Persons entered into a Joint Filing Agreement in which the Reporting Persons agreed to the joint filing on behalf of each of them of statements on Schedule 13D with respect to the securities of the Issuer to the extent required by applicable law. The Joint Filing Agreement is attached hereto as Exhibit 2 and is incorporated herein by reference. | |
| Item 7. | Material to be Filed as Exhibits. |
1. Form Securities Purchase Agreements dated July 24, 2025 by and among Future Fintech Group Inc. and the purchasers (incorporated by reference to Exhibit 10.1 of Future Fintech Group Inc.'s Form 8-K (File No. 001- 34502), filed on July 31, 2025)
2. Joint Filing Agreement dated September 20, 2025 by and among the Reporting Persons (incorporated by reference to Exhibit 2 of Future Fintech Group Inc. and Sanchun Huang's Schedule 13D, filed on September 9, 2025)
3. Securities Purchase Agreements dated July 29, 2026 by and among Future Fintech Group Inc. and the purchasers (incorporated by reference to Exhibit 10.1 of Future Fintech Group Inc.'s Form 8-K (File No. 001- 34502), filed on July 9, 2026) |
| SIGNATURE | |
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.
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