[EXCHANGE AGREEMENT Agreement Company Holder RECITALS Debentures Securities Purchase Agreement Purchasers “Ordinary Shares 2010 Issuance Exchanged Shares Exchanged Securities Securities Act AGREEMENT The Exchange 1. Exchange th (b) No later than the tenth (10 THE SECURITIES REPRESENTED BY THIS CERTIFICATE MAY NOT BE OFFERED FOR SALE, SOLD, TRANSFERRED OR ASSIGNED PRIOR TO MAY 28, 2010, EXCEPT IN ACCORDANCE WITH THAT] [EXCHANGE AGREEMENT Agreement Company Holder RECITALS Debentures Securities Purchase Agreement Purchasers Ordinary Shares 2010 Issuance Exchanged Shares Exchanged Securities Securities Act AGREEMENT The Exchange 1. Exchange th (b) No later than the tenth (10 THE SECURITIES REPRESENTED BY THIS CERTIFICATE MAY NOT BE OFFERED FOR SALE, SOLD, TRANSFERRED OR ASSIGNED PRIOR TO MAY 28, 2010, EXCEPT IN ACCORDANCE WITH THAT] [eFuture Sells Stake in Wangku Beijing, March 21, 2011 An independent third party has assessed the current fair market value of Wangku at approximately RMB10 million as of December 31, 2010 and the 51% stake owned by eFuture at approximately RMB5 million. The sale of its interest in Wangku is both a strategically and financially prudent transaction for eFuture. Looking] [FORM 6-K eFuture Information Technology Inc. 8/F TopNew Tower 2 15 Guanghua Road Chaoyang District Beijing 100026 China +86 (10) 5165 0988 x ¨ ¨ x eFuture Information Technology Inc. Adam Yan Chairman and Chief Executive Officer]

[EFuture Announces Results Of Annual General Meeting Of Shareholders And Appointment Of Independent Auditor BEIJING, Jan. 10, 2011 (GLOBE NEWSWIRE) — eFuture Information Technology Inc. (Nasdaq:EFUT) ("eFuture" or the "Company"), a leading provider of software and services in China's rapidly growing retail and consumer goods industries, is pleased to announce the results of its 2010 Annual General Meeting of Shareholders] [FORM 6-K eFuture Information Technology Inc. 8/F TopNew Tower 2 15 Guanghua Road Chaoyang District Beijing 100026, People’s Republic of China 86-10-51650988 x o Form 20-F o x EFUTURE INFORMATION TECHNOLOGY INC. Adam Yan]

[eFuture Appoints Chief Financial Officer Beijing, January 11, 2011 Mr. Yan, Chairman and CEO of eFuture, commented, “I am pleased to welcome Mr. Zheng to eFuture’s management team and look forward to capitalizing on his strong finance and accounting track record with leading U.S.-listed companies Motorola and Advanced Micro Devices. His impressive technology sector background, combined with financial expertise gained] [FORM 6-K eFuture Information Technology Inc. 8/F TopNew Tower 2 15 Guanghua Road Chaoyang District Beijing 100026, People’s Republic of China 86-10-51650988 x ¨ Form 20-F ¨ x eFuture Information Technology Inc. Adam Yan]

[EFUTURE ANNOUNCES FIRST QUARTER 2010 UNAUDITED FINANCIAL RESULTS Total revenues increased 21% year-over-year, exceeding guidance BEIJING, PRC First Quarter 2010 Financial Highlights · Total revenues increased 20.9% year-over-year to RMB16.7 million (US$2.5 million). - Revenue from software license sales increased 15.7% year-over-year to RMB5.7 million (US$838,617). - Revenue from hardware sales increased 56.2% year-over-year to RMB2.2 million (US$319,203). - Service] [FORM 6-K eFuture Information Technology Inc. 8/F TopNew Tower 2 15 Guanghua Road Chaoyang District Beijing 100026, People’s Republic of China 86-10-51650988 x ¨ Form 20-F ¨ x EFUTURE INFORMATION TECHNOLOGY INC. Adam Yan,]