On February 28, 2019, the board of directors of Future FinTech Group Inc. appointed Mr. Kai Xu as the chief operating officer of the company. Kai Xu has served as COO of the Company’s wholly owned subsidiary, Chain Future Digital Tech (Beijing) Ltd. since July 2018. From February 2015 to April 2018, Mr. Xu served as COO and partner of Beijing Yongle Shengshi Science Ltd. From November 2009 to February 2015, Mr. Xu worked for Beijing Zhongxun Yonglian Science and Technology Ltd. as the director of operations, taking responsibilities for the online game operation and promotion.