Lin Kaihong
accepted the resignation of Lin Kaihong as Chief Financial Officer of the Company
Highest-materiality recent filing
Fortune Valley Treasures appoints CEO Yuwen Li as CFO following Lin Kaihong's resignation
Lin Kaihong resigned as CFO, effective May 15, 2025.
Fortune Valley Treasures sells subsidiary DaXing for $250K promissory note
Sold 100% of DaXingHuaShang Investment Group to Lin Yumin for $250K promissory note at 8% interest, due Dec 31, 2025.
Fortune Valley Treasures restates Q1 and Q2 2024 financials due to accounting errors
Errors found in trial balances for subsidiary Dongguan Fusheng Drinking Water Co., affecting undistributed profits.
Fortune Valley Treasures dismisses auditor YCM CPA, appoints Astra Audit
Audit Committee approved dismissal of YCM CPA as independent auditor effective August 16, 2024.
Director Jianwei Lin resigns from Fortune Valley Treasures board
Jianwei Lin resigned as board member on August 20, 2024, for personal reasons.
Director Anthony S. Chan resigns; Fang Li appointed Audit Committee Chairman
Anthony S. Chan resigned from Board of Directors on August 7, 2024, citing personal reasons; no disagreement with Company.
Chaoping Chen resigned as director effective June 25, 2024.
Fortune Valley Treasures: directors Chen and Lin resign; Lin stays CFO, Hong appointed
Directors Chaoping Chen and Kaihong Lin resigned effective June 25, 2024 for personal reasons; Lin remains CFO.
Fortune Valley Treasures CEO Yumin Lin resigns; Yuwen Li appointed as new CEO
Yumin Lin resigned as CEO and director effective June 3, 2024, due to personal reasons; no disagreement with the company.
Fortune Valley Treasures dismisses MaloneBailey as auditor, appoints YCM CPA
MaloneBailey, LLP dismissed as independent accountant effective January 25, 2024.
Fortune Valley director resigns; board size reduced to six
Director Ramesh Ruben Louis resigned effective Jan 23, 2024, not due to any disagreement.
Director Bulin Wang resigns from Fortune Valley Treasures board due to retirement
Bulin Wang resigned as director effective May 18, 2023, citing retirement; no disagreement with management or board.
Fortune Valley Treasures terminates agreement to acquire 70% of Valley Holdings
Termination agreement effective July 8, 2022; no equity had been transferred under the deal.
Director Minghua Cheng resigns from Fortune Valley Treasures board
Minghua Cheng resigned as director on April 21, 2022 effective immediately.
Previously issued Q3 2020 financials omitted acquisition of Dongguan Xixingdao Technology Co., Ltd. completed August 31, 2020.
Yumei Liu resigned from the board effective Oct 26, 2021, not due to any disagreement with the company.
Fortune Valley Treasures implements 1-for-20 reverse stock split to pursue NASDAQ listing
Board approved 1-for-20 reverse stock split effective October 21, 2021.
accepted the resignation of Lin Kaihong as Chief Financial Officer of the Company
appointed the Company's current Chief Executive Officer, Yuwen Li, as the Company's new Chief Financial Officer.
On August 20, 2024, Mr. Jianwei Lin 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.
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.
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.
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.
On June 25, 2024, Ms. Chaoping Chen tendered her resignation as a member of the board of directors (the “Board”) of Fortune Valley Treasures, Inc. (the “Company”), effective immediately.
Effective June 28, 2024, the Board has elected Mr. Haibo Hong as a director of the Company to fill the vacancy created by Mr. Lin’s resignation.
On June 25, 2024, Mr. Kaihong Lin tendered his resignation as a director of the Company.
Effective June 6, 2024, the Board appointed Mr. Li as the Chief Executive Officer of the Company.
On June 3, 2024, Mr. Yumin Lin tendered his resignation as a member of the board of directors (the “Board”) and Chief Executive Officer of Fortune Valley Treasures, Inc. (the “Company”) due to personal reasons.
Effective June 6, 2024, the Board elected Mr. Yuwen Li to serve as a director and Chairman of the Board.
Max materiality 0.75 · Median 0.40 · Most common event leadership