---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-005476"
form_type: "8-K"
ticker: "FVTI"
cik: "0001626745"
company_name: "Fortune Valley Treasures, Inc."
filed_at: "2024-02-08T23:59:59+00:00"
generated_at: "2026-06-06T05:40:22.969241+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Fortune Valley Treasures dismisses MaloneBailey as auditor, appoints YCM CPA

## Summary
- MaloneBailey, LLP dismissed as independent accountant effective January 25, 2024.
- YCM CPA Inc. appointed as new independent registered public accounting firm effective February 7, 2024.
- No disagreements or reportable events occurred during fiscal years 2022 and 2021.
- MaloneBailey's audit reports for those periods were unqualified and unmodified.
- Company provided MaloneBailey with disclosures and filed their letter as Exhibit 16.1.

## SEC filing metadata
- accession: 0001493152-24-005476
- form_type: 8-K
- ticker: FVTI
- cik: 0001626745
- company_name: Fortune Valley Treasures, Inc.
- filed_at: 2024-02-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 4.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1626745/000149315224005476/0001493152-24-005476-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1626745/000149315224005476/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-005476
- JSON: https://secwatch.observer/filing/0001493152-24-005476.json
- Plain text: https://secwatch.observer/filing/0001493152-24-005476.txt

## Key facts
- Auditor Changes
  Fortune Valley Treasures, Inc. engaged YCM CPA Inc. as its auditor.
  - Action: engagement
  - Auditor: YCM CPA Inc.
  source text: On February 7, 2024, the Registrant’s Audit Committee and Board of Directors approved and ratified the appointment of YCM CPA Inc.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1626745/000149315224005476/0001493152-24-005476-index.htm
- Auditor Changes
  Fortune Valley Treasures, Inc. dismissed MaloneBailey, LLP as its auditor.
  - Action: dismissal
  - Auditor: MaloneBailey, LLP
  - Successor: YCM CPA Inc.
  source text: On January 25, 2024, the Registrant dismissed its previous independent registered public accounting firm, MaloneBailey, LLP
  evidence_url: https://www.sec.gov/Archives/edgar/data/1626745/000149315224005476/0001493152-24-005476-index.htm

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