---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-001850"
form_type: "8-K"
ticker: "FVTI"
cik: "0001626745"
company_name: "Fortune Valley Treasures, Inc."
filed_at: "2025-01-13T23:59:59+00:00"
generated_at: "2026-05-28T03:25:50.112692+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Fortune Valley Treasures sells subsidiary DaXing for $250K promissory note

## Summary
- Sold 100% of DaXingHuaShang Investment Group to Lin Yumin for $250K promissory note at 8% interest, due Dec 31, 2025.
- Closing completed Dec 31, 2024; divestiture to focus on other business opportunities.
- FVTI to provide DaXing financial records and 60-day post-closing assistance.

## SEC filing metadata
- accession: 0001493152-25-001850
- form_type: 8-K
- ticker: FVTI
- cik: 0001626745
- company_name: Fortune Valley Treasures, Inc.
- filed_at: 2025-01-13T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1626745/000149315225001850/0001493152-25-001850-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1626745/000149315225001850/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-001850
- JSON: https://secwatch.observer/filing/0001493152-25-001850.json
- Plain text: https://secwatch.observer/filing/0001493152-25-001850.txt

## Key facts
- M&A Transactions
  Fortune Valley Treasures, Inc. completed a disposition involving Lin Yumin for $250,000 (closed 2024-12-31).
  - Action: disposition
  - Counterparty: Lin Yumin
  - Consideration: $250,000
  - Closing: 2024-12-31
  source text: Group Limited, a Seychelles corporation, including all of its subsidiaries (collectively, “DaXing” ). The purchase price under the DaXing SPA for 100% ownership of DaXing is $250,000, payable by Purchaser by delivery of a $250,000 principal amount promissory note (the “Lin Note” ). The Lin Note bears interest at eight percent (8%) per annum, with principal and
  evidence_url: https://www.sec.gov/Archives/edgar/data/1626745/000149315225001850/0001493152-25-001850-index.htm

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