UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of report (Date of earliest event reported): ~~June~~August 125, 2021

FHT Future Technology Ltd.

(Exact name of registrant as specified in its charter)

Nevada

333-230956

35-2649453

(State or Other Jurisdiction

of Incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

A1#303, Hang Kong Gudi Plaza, Huli District, Xiamen City, Fujian Province, China		~~361000~~89108
(Address of Principal Executive Offices)		(Zip Code)

Registrant’s telephone number, including area code: +86-18350283270

N/A

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of

each class

Trading

Symbol(s)

Name of each exchange

on which registered

N/A

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 54.0201 ~~Departure~~Changes ofin ~~Directors~~Registrant’s orCertifying ~~Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.~~Accountant

~~On June~~ (1,) ~~2021, approved~~Previous byIndependent ~~the~~Registered ~~sole~~Public ~~Director~~Accounting of the Company, Wei Fang was appointed as an executive director of the Company, effectively immediately. Kean Tat Che, Lin Shan and Xiaoyi Chen were appointed as independent directors of the Company, serving as the chair of the audit committee, chair of the renumeration committee, and chair of the nominating committee, respectively. Their appointments are effective immediately, until the Company’s next annual meeting of shareholders and until his successor is duly elected and qualified, or until their earlier deaths, resignations or removals.Firm

~~The~~(i) ~~biographical~~On ~~information~~August of24, 2021, FHT Future Technology Ltd. (the ~~newly~~“Company”) ~~appointed~~dismissed ~~directors~~its ~~are~~independent ~~set~~registered ~~forth~~public ~~below:~~accounting firm, MaloneBailey, LLP.

~~Wei~~(ii) ~~Fang~~The decision to change the independent registered public accounting firm was recommended and approved by the sole director of the Company.

~~Mr.~~(iii) ~~Fang~~During ~~was one of~~ the ~~early~~period ~~Bitcoin~~from ~~and~~February ~~Ethereum~~9, ~~filecoin~~2021, ~~investor~~the ~~and~~date ~~pioneer.~~of Heour ~~founded~~engagement ~~Xiamen~~of ~~Youfang Network Technology Co.~~MaloneBailey, ~~Ltd. in 2016~~LLP, and ~~has~~through ~~been~~August ~~deeply~~24, ~~involved~~2021, in the ~~field~~date of ~~blockchain technology and mining~~dismissal, ~~providing~~(a) ~~maintenance~~there ~~service~~were ~~regarding~~no ~~mine~~disagreements ~~construction~~with MaloneBailey, ~~mining~~LLP ~~development~~on ~~and~~any ~~operation~~matter ~~management~~ of ~~mainstream~~accounting ~~blockchain~~principles ~~mining~~or ~~pools~~practices, ~~such~~financial asstatement ~~filecoin~~disclosure, ~~Ethereum~~or ~~and~~auditing ~~cru~~scope toor ~~more than 100 partners. Currently~~procedure, heand ~~manages~~(b) ~~the~~there ~~computing~~were ~~power~~no of“reportable ~~Bitcoin,~~events” ~~Ethereum,~~as ~~and~~described ~~Filecoin~~in ~~that~~Item ~~worth~~304(a)(1)(v) ~~hundreds~~ of ~~millions~~Regulation ~~of dollars~~S-K.

~~Kean~~(iv) ~~Tat~~On ~~Che~~August 24, 2021, the Company provided MaloneBailey, LLP with a copy of this Current Report and has requested that it furnish the Company with a letter addressed to the U.S. Securities and Exchange Commission stating whether it agrees with the above statements. A copy of such letter is attached as Exhibit 16.1 to this Current Report on Form 8-K.

~~Mr.~~(2) ~~Che~~New isIndependent aRegistered ~~member of CPA~~Public ~~Australia~~Accounting ~~and~~Firm ~~has~~On ~~over~~August ~~15 years of experience in accounting~~24, ~~auditing~~2021, ~~corporate~~the ~~finance~~sole ~~and~~director ~~IPO~~of ~~advisory.~~the InCompany ~~2006,~~ratified ~~he started his career as auditor with Ernst & Young LLP and left~~ the ~~firm~~appointment inof ~~2009. From 2009 to 2012~~TAAD, heLLP ~~worked~~ as ~~Corporate~~its ~~Finance~~new ~~Manager~~independent ~~with~~registered ~~ICH~~public ~~Group,~~accounting ~~which~~firm ~~was~~to ~~involved~~audit inand ~~several~~review ~~IPOs~~the inCompany’s ~~South~~financial ~~East Asia region~~statements. InDuring ~~2013,~~the hetwo ~~served~~most asrecent ~~Vice~~fiscal ~~President~~years inended ~~Auscar~~March ~~Wealth Management Sdn Bhd~~31, ~~responsible~~2021 ~~for~~and ~~corporate~~2020 ~~finance, fund raising, merger~~ and ~~acquisition.~~any ~~From~~subsequent ~~2013~~interim toperiods ~~2016,~~through hethe ~~worked~~date ashereof ~~Chief~~prior ~~Financial Officer at Heyu Capital Group. From 2019~~ to ~~2020, he worked as Group CFO in Nova Group Holdings (Hong Kong Stock Exchange: 1360), responsible for~~ the ~~group~~engagement ~~financial~~of ~~affairs~~TAAD, ~~corporate financial activities~~LLP, ~~merger~~neither &the ~~acquisition and corporate restructurings. From 2020 to Present~~Company, Mrnor ~~Che~~someone ison ~~working~~its ~~as Vice President and Chief Financial Officer of Central Holding Group Ltd (Hong Kong Stock Exchange: 1735)~~behalf, ~~and~~has ~~CFO,~~consulted ~~Secretary & Executive Director at WeTrade Group~~TAAD, ~~Inc~~LLP ~~(stock code~~regarding: ~~WETG).~~

2(i) either: the application of accounting principles to a specified transaction, either completed or proposed; or the type of audit opinion that might be rendered on the Company’s consolidated financial statements, and either a written report was provided to the Company or oral advice was provided that the new independent registered public accounting firm concluded was an important factor considered by the Company in reaching a decision as to the accounting, auditing or financial reporting issue; or

~~Lin~~(ii) ~~Shan~~any matter that was either the subject of a disagreement as defined in paragraph 304(a)(1)(iv) of Regulation S-K or a reportable event as described in paragraph 304(a)(1)(v) of Regulation S-K.

Miss Lin graduated from the University of Hong Kong and majored in Industrial Engineering and Logistics Management. From 2012 to 2016, she served as a supply chain manager at Xiamen C&D Inc. (600153.SS: Shanghai Stock Exchange), responsible for customizing trade financing solutions. From 2017 to present, She is working as PE investment associate in Orient Asset Management (Hong Kong) Limited, managing growth and Pre-IPO investments in China covering TMT, healthcare, consumer and education sectors. In her current role, she is responsible for industrial research, due diligence and post-investment management activities. She has sourced, negotiated and managed multiple China investments including Tencent Music (NYSE: TME), BlueCity (NASDAQ: BLCT), JD Health (6618: Hong Kong) and We Doctor.

Xiaoyi, Chen

Chen Xiaoyi, age 28, is a graduate from Northwest University of Political Science and Law, and majored in Finance and Tax Law in 2010. Since 2016, she has been working as a full-time lawyer at Shaanxi Yongjiaxin Law Firm in Xi 'an, China. She has rich experience in enterprise operation and management, risk control and legal counsel, and has provided risk assessment and decision-making demonstration services for many large enterprises in major projects. In 2020, she was hired as the external tutor of PMACC in Xi 'an University of Posts and Telecommunications, and was invited as the finance expert of CFA Chengdu Association in the same year.

Each of Wei Fang, Kean Tat Che, Lin Shan and Xiaoyi Chen does not have a family relationship with any director or executive officer of the Company, nor has not been involved in any transaction with the Company during the past two years that would require disclosure under Item 404(a) of Regulation S-K.

We have entered into an employment agreement with Wei Fang, our executive director, Che Kean Tat, Lin Shan, and Xiaoyi Chen, our independent directors, with effective from June 1, 2021 to June 1, 2023. The agreement may be terminated by either party as permitted by law.

Under the terms of the agreements, Wei Fang is entitled to receive a monthly salary of $5,000 with effective from June 1, 2021, plus one month’s additional salary by the end of each year.

Each of Che Kean Tat, Lin Shan, and Xiaoyi Chen are entitled to receive a monthly salary of $2,000 with effective from June 1, 2021, plus one month’s additional salary by the end of each year. All of these are payable in the equivalent amount of either in Hong Kong Dollars or Chinese Renminbi.

Item 9.01 Exhibits.

Exhibit No.		Description
10.1		Service Contract between the Company and Wei Fang
16.1		Letter from MaloneBailey LLP, dated August 24, 2021
10.2		Service Contract between the Company and Kean Tat Che
10.3		Service Contract between the Company and Lin Shan
10.4		Service Contract between the Company and Xiaoyi Chen

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	FHT Future Technology Ltd.
Date: June 4, 2021	By:	/s/ Wenjin Li
Date: August 25, 2021	By:	/s/ Wenjin Li
		Wenjin Li
		Chief Executive Officer and Director

Filing Compare · FHT Future Technology Ltd