[SECURITIES PURCHASE AGREEMENT SECURITIES PURCHASE AGREEMENT Agreement Company Buyer Buyers WHEREAS: 1933 Act Regulation D SEC Notes Ordinary Shares Conversion Shares B. The Company has authorized a new series of senior convertible notes of the Company, in the form attached hereto as Registration Rights Agreement D. Contemporaneously with the execution and delivery of this Agreement, the parties hereto are executing] [e-FUTURE INFORMATION TECHNOLOGY INC. ARRANT O URCHASE RDINARY HARES W Number of Ordinary Shares: “Issuance Date Date of Issuance: March 13, 2007 ( Company Holder e-Future Information Technology Inc., a Cayman Islands corporation (the “ 1 Subscription Date “Buyers “Securities Purchase Agreement fully paid nonassessable Ordinary Shares (as defined below) 1 “Subscription Market Price Insert a number of shares equal] [e-FUTURE INFORMATION TECHNOLOGY INC. ARRANT O URCHASE RDINARY HARES W Number of Ordinary Shares: “Issuance Date Date of Issuance: March 13, 2007 ( Company Holder e-Future Information Technology Inc., a Cayman Islands corporation (the “ 1 Subscription Date Buyers Securities Purchase Agreement fully paid nonassessable Ordinary Shares (as defined below) 1 Subscription Market Price Insert a number of shares equal] [[FORM OF SENIOR CONVERTIBLE NOTE] E UTURE ECHNOLOGY NFORMATION NC ENIOR ONVERTIBLE OTE S Original Principal Amount: U.S. $ FOR VALUE RECEIVED, Company Holder Principal Interest Issuance Date Note Notes Other Notes PAYMENTS OF PRINCIPAL (1) Maturity Date Interest and accrued and unpaid Late Charges on such Principal and Interest. The “ INTEREST; INTEREST RATE Interest Date provided (2) CONVERSION] [REGISTRATION RIGHTS AGREEMENT REGISTRATION RIGHTS AGREEMENT Agreement Company Buyer WHEREAS: Securities Purchase Agreement Notes Ordinary Shares Conversion Shares A. In connection with the Securities Purchase Agreement by and among the parties hereto of even date herewith (the “ 1933 Act NOW, THEREFORE, Definitions 1. Capitalized terms used herein and not otherwise defined herein shall have the respective meanings set forth] [e-Future Information Technology Inc. Announces Completion of $10.0 Million Private Placement EFUT News Beijing Mar 14, 2007 — e-Future Information Technology Inc. (NASDAQ CM: The Company intends to use the net proceeds of the private placement for working capital and general corporate purposes including, but not limited to, possible strategic acquisitions. Adam Yan, Chairman and CEO, stated, “We are pleased] [FORM 6-K For March, 2007 File No. 001-33113 e-Future Information Technology Inc. No. 10 Building, BUT Software Park No.1 Disheng North Street, BDA Yizhuang District, Beijing 100176, People’s Republic of China x FORM 20-F ¨ ¨ x No Private Placement On March 13, 2007, e-Future Information Technology Inc. (the “Company”) completed a $10 million private placement with three funds affiliated]

[e-Future Announces Preliminary Unaudited Full Year 2006 Financial Information BEIJING, March 6 /Xinhua-PRNewswire/ — e-Future Information Technology Inc. (Nasdaq: EFUT; “e-Future”), a leading supply chain management software and services provider in China, reported preliminary unaudited financial information for the fiscal year ended December 31, 2006. All financial information reported is estimated and is subject to adjustment as a result of] [FORM 6-K e-Future Information Technology Inc. No. 10 Building BUT Software Park No. 1 Disheng North Street BDA, Yizhuang District Beijing 100176, People’s Republic of China 86-10-51650988 x Form 20-F ¨ Yes ¨ x No E-FUTURE INFORMATION TECHNOLOGY INC. Date March 6, 2007 Adam Yan, Chairman and Chief Executive Officer 2]

[e-FUTURE COMPLETES ACQUISITION OF TANGCHENG CO. LTD. BEIJING, January 9, 2007, Xinhua-PRNewswire — e-Future Information Technology Inc. (“e-Future”), a leading front supply chain management software and service company in China, announces that as of January 5, 2007, it has completed the acquisition of Nanjing TangCheng Network Technology Development Co. Ltd., a regional independent software vendor focusing on East China’s retail] [FORM 6-K eFuture Information Technology Inc. No. 10 Building BUT Software Park No. 1 Disheng North Street BDA, Yizhuang District Beijing 100176, People’s Republic of China 86-10-51650988 x Form 20-F ¨ Yes ¨ x No E-FUTURE INFORMATION TECHNOLOGY INC. Adam Yan, Chairman and Chief Executive Officer]

[e-Future’s CFO Nominated and Gets to Work BEIJING, January 4, 2007 Xinhua-PRNewswire – e-Future Information Technology Inc. (“e-Future”) announced on December 21, 2006, Ms. Ping Yu was nominated as e-Future’s CFO by the Board of e-Future according to the recommendation of Governance committee of the Board. She began work on January 1, 2007. About e-Future e-Future is a leading provider] [FORM 6-K e-Future Information Technology Inc. No. 10 Building BUT Software Park No. 1 Disheng North Street BDA, Yizhuang District Beijing 100176, People’s Republic of China 86-10-51650988 x Form 20-F ¨ ¨ x No On January 4, 2007, e-Future Information Technology Inc. (the “Company”) issued a press release announcing that the Company had hired Ms. Ping Yu as its Chief]