{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-21-026879","form_type":"8-K","ticker":"FVTI","cik":"0001626745","company_name":"Fortune Valley Treasures, Inc.","filed_at":"2021-11-01T23:59:59+00:00","discovered_at":"2026-05-14T18:04:13.377370+00:00","generated_at":"2026-06-28T15:45:27.658415+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Director Yumei Liu resigns; Anthony S. Chan appointed as independent director and Audit Committee Chair","bullets":["Yumei Liu resigned from the board effective Oct 26, 2021, not due to any disagreement with the company.","Anthony S. Chan appointed as independent director, Audit Committee Chair, and Compensation Committee member same date.","Chan is a CPA with over 30 years experience; previously CFO of SPI Energy (Nasdaq: SPI) and Helo Corp.","Jianwei Lin steps down as Audit Committee Chair but remains a member of the Audit Committee."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-21-026879","json":"https://secwatch.observer/filing/0001493152-21-026879.json","markdown":"https://secwatch.observer/filing/0001493152-21-026879.md","text":"https://secwatch.observer/filing/0001493152-21-026879.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1626745/000149315221026879/0001493152-21-026879-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1626745/000149315221026879/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T15:45:27.658415+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"04a5a1bba9","claim":"Yumei Liu resigned as member of the board of directors at Fortune Valley Treasures, Inc..","evidence_excerpt":"Effective October 26, 2021, Yumei Liu resigned as a member of the board of directors (the “Board”) of Fortune Valley Treasures, Inc. (the “Company”).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1626745/000149315221026879/0001493152-21-026879-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"member of the board of directors"}],"fact_type":"executive_change"},{"claim_id":"4929dd97c4","claim":"Anthony S. Chan was appointed as independent director at Fortune Valley Treasures, Inc..","evidence_excerpt":"Effective October 26, 2021, the Board has appointed Anthony S. Chan as an independent director of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1626745/000149315221026879/0001493152-21-026879-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"independent director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}