[SCHEDULE 13D] Future FinTech Group Inc. SEC Filing

Rhea-AI Filing Summary

Future FinTech Group Inc. issued 9,000,000 shares of common stock to Wealth Index Capital Limited at $2.00 per share under a July 24, 2025 securities purchase agreement, resulting in a $18,000,000 purchase and giving WICL approximately 48.107% of the issuer's 18,708,311 outstanding shares as of September 17, 2025. Wealth Index Capital is wholly owned and controlled by Shanchun Huang, who may be deemed the beneficial owner of the shares. The filing states the shares were acquired using WICL working capital and that there are no other present plans or proposals by the reporting persons beyond the transaction. A Joint Filing Agreement among the reporting persons is attached as an exhibit.

Insights

Financial Analyst

TL;DR: A near-50% stake via a private placement materially changes ownership and concentration risk.

The purchase of 9,000,000 shares for $18,000,000 represents a controlling stake of roughly 48.1%, significantly concentrating ownership. This transaction was executed under a previously announced securities purchase agreement at $2.00 per share and funded with the purchaser's working capital. For investors, concentrated ownership can affect liquidity, governance and strategic direction because the reporting persons hold voting and dispositive power over the shares held by WICL.

Corporate Governance Expert

TL;DR: Ownership consolidation triggers governance considerations and potential for board influence.

Wealth Index Capital Limited, wholly owned by Shanchun Huang, now directly holds nearly half of outstanding common stock and may exert de facto control. The Schedule 13D disclosure and Joint Filing Agreement signal coordinated ownership and reporting. This level of ownership typically prompts review of related governance changes, potential nomination rights, and disclosure of any additional arrangements; none beyond the joint filing and purchase are disclosed in this filing.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

Future Fintech Group Inc.

(Name of Issuer)

Common Stock, 0.001 par value per share

(Title of Class of Securities)

36117V303

(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)

09/16/2025

(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. 36117V303

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:

7	Sole Voting Power 9,000,000.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 9,000,000.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

9,000,000.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

48.107 %

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 18,708,311 shares of Common Stock outstanding as of September 17, 2025 based upon information received from the Issuer's transfer agent. For additional information please refer to Item 4.

SCHEDULE 13D

CUSIP No. 36117V303

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)

PF

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:

7	Sole Voting Power 9,000,000.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 9,000,000.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

9,000,000.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

48.107 %

14

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person:

The numbers reported in Rows 7, 9, and 11 represent 9,000,000 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. 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 directly holds 9,000,000 shares of the Company's common stock, representing approximately 48.107% of the Company's 18,708,311 outstanding shares of common stock as of September 17, 2025 based on information from the Company's transfer agent. Mr. Shanchun Huang is the sole member of WICL, holds 100% ownership in WICL. As such, Mr. Huang may be deemed a beneficial owner of the 9,000,000 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 Item 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

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.

Wealth Index Capital Limited

Signature:	/s/ Shanchun Huang
Name/Title:	Shanchun Huang, sole member
Date:	09/23/2025

Shanchun Huang

Signature:	/s/ Shanchun Huang
Name/Title:	Shanchun Huang
Date:	09/23/2025

FAQ

What stake did Wealth Index Capital Limited acquire in Future FinTech Group Inc. (FTFT)?

Wealth Index Capital Limited acquired 9,000,000 shares, representing approximately 48.107% of 18,708,311 outstanding shares as of September 17, 2025.

How much did WICL pay per share and what was the total purchase price?

WICL paid $2.00 per share for an aggregate purchase price of $18,000,000 under the Equity SPA.

Who controls Wealth Index Capital Limited and may be deemed the beneficial owner?

Wealth Index Capital Limited is wholly owned and controlled by Shanchun Huang, who may be deemed the beneficial owner of the shares.

Were the shares acquired with financing or other sources of funds?

The filing states the shares were acquired using WICL's working capital.

Does the filing disclose any immediate plans or proposals by the reporting persons?

The filing states that, except for the described transaction, the reporting persons do not have any present plans or proposals related to the issuer.