---
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"
generated_at: "2026-06-28T15:45:27.658415+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Director Yumei Liu resigns; Anthony S. Chan appointed as independent director and Audit Committee Chair

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-21-026879
- JSON: https://secwatch.observer/filing/0001493152-21-026879.json
- Plain text: https://secwatch.observer/filing/0001493152-21-026879.txt

## Key facts
- Executive change
  Yumei Liu resigned as member of the board of directors at Fortune Valley Treasures, Inc..
  - Action: resigned
  - Role: member of the board of directors
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1626745/000149315221026879/0001493152-21-026879-index.htm
- Executive change
  Anthony S. Chan was appointed as independent director at Fortune Valley Treasures, Inc..
  - Action: appointed
  - Role: independent director
  source text: Effective October 26, 2021, the Board has appointed Anthony S. Chan as an independent director of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1626745/000149315221026879/0001493152-21-026879-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.