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Dana Holding Corporation (NYSE:DAN), Ever-Glory International Group, Inc (AMEX:EVK) - 12 Consumer Discretionary Stocks Moving In Thursday s After-Market Session
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Mid-Day Market Update: SIFCO Industries Surges After Q4 Earnings; Future FinTech Shares Plunge
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FTFT Executives Adopt One Dollar Salary
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Future FinTech Group Inc. (NASDAQ:FTFT, the “, Company”, )), a financial technology company and integrated producer of fruit-related products, today announced that on December 16, 2020, the Company optimized its executives and implemented one-dollar annual salary. This milestone is a major move for FTFT on its mission to maximize the profits for its stakeholders, employees and even the whole society.
“People in my team are professional managers who believe in the prospect of the company as well as our own capabilities, so we are willing to abandon the fixed salary; instead, we chose to strive for greater compensations by making it 100% performance based,” said Huang Shanchun, the CEO of FTFT. “the one-dollar policy actually comes from our confidence and trust in the company. It has nothing to do with entrepreneurial spirit or the company’s financial strength, as expected by outsiders.”