---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-039482"
form_type: "8-K"
ticker: "FVTI"
cik: "0001626745"
company_name: "Fortune Valley Treasures, Inc."
filed_at: "2024-10-04T23:59:59+00:00"
generated_at: "2026-05-30T20:17:58.464853+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Fortune Valley Treasures dismisses auditor YCM CPA, appoints Astra Audit

## Summary
- Audit Committee approved dismissal of YCM CPA as independent auditor effective August 16, 2024.
- YCM CPA's 2023 audit report included going concern doubt about company's viability.
- No disagreements with former auditor; material weakness previously reported in 10-K.
- New auditor Astra Audit & Advisory LLC appointed effective September 25, 2024.
- Company provided YCM CPA with disclosures and received letter of agreement.

## SEC filing metadata
- accession: 0001493152-24-039482
- form_type: 8-K
- ticker: FVTI
- cik: 0001626745
- company_name: Fortune Valley Treasures, Inc.
- filed_at: 2024-10-04T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 4.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1626745/000149315224039482/0001493152-24-039482-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1626745/000149315224039482/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-039482
- JSON: https://secwatch.observer/filing/0001493152-24-039482.json
- Plain text: https://secwatch.observer/filing/0001493152-24-039482.txt

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