Loan Receivables	9 Months Ended
Sep. 30, 2022
Receivables [Abstract]
LOAN RECEIVABLES	6. LOAN RECEIVABLES As of September 30, 2022, the balance of loan receivables was $19.50 million, which was from third parties. On September 8, 2021, FUCE Future Supply Chain (Xi’an) Co., Ltd., a wholly owned subsidiary of the Company, entered into a “Loan Agreement” with a third party. Pursuant to the Loan Agreement, FUCE Future Supply Chain (Xi’an) Co., Ltd. loaned an amount of US$0.22 million (RMB1.5million) to the third party at the annual interest rate of 5% from September 8, 2021 to September 6, 2023. On March 10, 2022, Future FinTech (Hong Kong) Limited (“FTFT HK”), a wholly owned subsidiary of the Company, entered into a “Loan Agreement” with a third party. Pursuant to the Loan Agreement, FTFT HK loaned an amount of US$5 million to the third party at the annual interest rate of 10% from March 10, 2022 to September 9, 2023. On May 30, 2022, FTFT HK entered into a “Loan Agreement” with a third party. Pursuant to the Loan Agreement, FTFT HK loaned an amount of US$6.36 million to the third party at the annual interest rate of 10% from May 31, 2022 to May 30,2023. On July 14, 2022, Future Private Equity Fund Management (Hainan) Co., Limited entered into a “Loan Agreement” with a third party. Pursuant to the Loan Agreement, Future Private Equity Fund Management (Hainan) Co., Limited loaned an amount of US$7.04 million (RMB50 million) to the third party at the annual interest rate of 8% from July 15, 2022 to July 14, 2023. On September 23, 2022, Nice Talent Asset Management Limited entered into a “Loan Agreement” with a third party. Pursuant to the Loan Agreement, Nice Talent Asset Management Limited., loaned an amount of US$0.88 million to the third party at the annual interest rate of 2% from September 23, 2022 to September 22, 2027.

Loan Receivables

9 Months Ended

Sep. 30, 2022

6. LOAN RECEIVABLES

As of September 30, 2022, the balance of loan receivables was $19.50 million, which was from third parties.

On September 8, 2021, FUCE Future Supply Chain (Xi’an) Co., Ltd., a wholly owned subsidiary of the Company, entered into a “Loan Agreement” with a third party. Pursuant to the Loan Agreement, FUCE Future Supply Chain (Xi’an) Co., Ltd. loaned an amount of US$0.22 million (RMB1.5million) to the third party at the annual interest rate of 5% from September 8, 2021 to September 6, 2023.

On March 10, 2022, Future FinTech (Hong Kong) Limited (“FTFT HK”), a wholly owned subsidiary of the Company, entered into a “Loan Agreement” with a third party. Pursuant to the Loan Agreement, FTFT HK loaned an amount of US$5 million to the third party at the annual interest rate of 10% from March 10, 2022 to September 9, 2023.

On May 30, 2022, FTFT HK entered into a “Loan Agreement” with a third party. Pursuant to the Loan Agreement, FTFT HK loaned an amount of US$6.36 million to the third party at the annual interest rate of 10% from May 31, 2022 to May 30,2023.

On July 14, 2022, Future Private Equity Fund Management (Hainan) Co., Limited entered into a “Loan Agreement” with a third party. Pursuant to the Loan Agreement, Future Private Equity Fund Management (Hainan) Co., Limited loaned an amount of US$7.04 million (RMB50 million) to the third party at the annual interest rate of 8% from July 15, 2022 to July 14, 2023.

On September 23, 2022, Nice Talent Asset Management Limited entered into a “Loan Agreement” with a third party. Pursuant to the Loan Agreement, Nice Talent Asset Management Limited., loaned an amount of US$0.88 million to the third party at the annual interest rate of 2% from September 23, 2022 to September 22, 2027.