{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-028158","form_type":"8-K","ticker":"FVTI","cik":"0001626745","company_name":"Fortune Valley Treasures, Inc.","filed_at":"2024-07-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:13.859379+00:00","generated_at":"2026-05-31T20:14:12.437386+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"confidence":"high","headline":"Fortune Valley Treasures appoints Fang Li as independent director to fill vacancy after director resignation","bullets":["Chaoping Chen resigned as director effective June 25, 2024.","Fang Li elected as independent director effective July 17, 2024.","Li will serve on the Audit Committee and Nominating and Corporate Governance Committee.","Li is an auditor at Ernst & Young Huaming (Shenzhen) since 2021; holds Master of Finance from Shenzhen University.","No reportable relationships or related transactions between Li and the Company."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-028158","json":"https://secwatch.observer/filing/0001493152-24-028158.json","markdown":"https://secwatch.observer/filing/0001493152-24-028158.md","text":"https://secwatch.observer/filing/0001493152-24-028158.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1626745/000149315224028158/0001493152-24-028158-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1626745/000149315224028158/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T20:14:12.437386+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":"5154000e97","claim":"Fang Li was elected as independent director at Fortune Valley Treasures, Inc..","evidence_excerpt":"Effective July 17, 2024, the Board elected Fang Li as an independent director of the Company to fill the vacancy created from Ms. Chen’s resignation.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1626745/000149315224028158/0001493152-24-028158-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"elected"},{"label":"Role","value":"independent director"}],"fact_type":"executive_change"},{"claim_id":"805d74f930","claim":"Chaoping Chen resigned as director at Fortune Valley Treasures, Inc..","evidence_excerpt":"As previously reported, Ms. Chaoping Chen resigned as a member of the board of directors (the “Board”) of Fortune Valley Treasures, Inc. (the “Company”), effectively June 25, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1626745/000149315224028158/0001493152-24-028158-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}