Future FinTech Group Inc. announced that its new subsidiary, FTFT UK Limited ("FTFT UK"), held an inauguration ceremony on November 19, 2021 for the opening of its new office in London, during which FTFT UK announced that it has entered the beta testing phase for its mobile financial app which will enable customers to engage in a comprehensive suite of e-wallet activities. Representatives from the local business and financial sectors, including executives of MasterCard, JP Morgan Chase, China Mobile and Bank of China attended the event. As announced on August 12, 2021, the Company's FTFT UK subsidiary was incorporated as an operating base from which to develop fintech business in Europe. FTFT UK has been working to develop a financial 'super app' that will include a wide range of personal digital financial products and services including functionality for mobile payments, international transfers, wealth management options, membership rewards, on-the-spot discounts and proprietary industry-disruptive applications. The app has been designed to be especially useful for UK-bound international students since it will enable the opening of bank accounts and international money transfers which will help such students to save time and avoid unneeded hassles, so that they can quickly settle down and start their new lives in the UK. FTFT UK has established partnerships and began the process of technical integration with leading fintech companies in the UK. Once regulatory registration and technical collaborations are finalized, the FTFT UK 'super app' will be ready to launch.