---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-031113"
form_type: "8-K"
ticker: "FVTI"
cik: "0001626745"
company_name: "Fortune Valley Treasures, Inc."
filed_at: "2024-08-12T23:59:59+00:00"
generated_at: "2026-05-31T10:03:48.267855+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Director Anthony S. Chan resigns; Fang Li appointed Audit Committee Chairman

## Summary
- Anthony S. Chan resigned from Board of Directors on August 7, 2024, citing personal reasons; no disagreement with Company.
- Board accepted resignation and appointed Director Fang Li as Chairman of the Audit Committee.
- Resignation letter filed as Exhibit 17.1 to the Form 8-K.

## SEC filing metadata
- accession: 0001493152-24-031113
- form_type: 8-K
- ticker: FVTI
- cik: 0001626745
- company_name: Fortune Valley Treasures, Inc.
- filed_at: 2024-08-12T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1626745/000149315224031113/0001493152-24-031113-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1626745/000149315224031113/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-031113
- JSON: https://secwatch.observer/filing/0001493152-24-031113.json
- Plain text: https://secwatch.observer/filing/0001493152-24-031113.txt

## Key facts
- Executive change
  Anthony S. Chan resigned as member of the board of directors at Fortune Valley Treasures, Inc..
  - Action: resigned
  - Role: member of the board of directors
  source text: On August 7, 2024, Mr. Anthony S. Chan tendered his resignation as a member of the board of directors (the “Board”) of Fortune Valley Treasures, Inc., a Nevada corporation (the “Company”), due to personal reasons.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1626745/000149315224031113/0001493152-24-031113-index.htm

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