Fortune Valley Treasures, Inc. — fact timeline

Yuwen Li was appointed as Chief Financial Officer at Fortune Valley Treasures, Inc..

“appointed the Company's current Chief Executive Officer, Yuwen Li, as the Company's new Chief Financial Officer.”

Lin Kaihong resigned as Chief Financial Officer at Fortune Valley Treasures, Inc..

“accepted the resignation of Lin Kaihong as Chief Financial Officer of the Company”

Fortune Valley Treasures, Inc. completed a disposition involving Lin Yumin for $250,000 (closed 2024-12-31).

“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”

Jianwei Lin resigned as member of the board of directors at Fortune Valley Treasures, Inc..

“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.”

Anthony S. Chan resigned as member of the board of directors at Fortune Valley Treasures, Inc..

“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.”

Fang Li was elected as independent director at Fortune Valley Treasures, Inc..

“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.”

Chaoping Chen resigned as director at Fortune Valley Treasures, Inc..

“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.”

Haibo Hong was elected as Director at Fortune Valley Treasures, Inc..

“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.”

Kaihong Lin resigned as Director at Fortune Valley Treasures, Inc..

“On June 25, 2024, Mr. Kaihong Lin tendered his resignation as a director of the Company.”

Chaoping Chen resigned as Director at Fortune Valley Treasures, Inc..

“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.”

Yuwen Li was appointed as Chief Executive Officer at Fortune Valley Treasures, Inc..

“Effective June 6, 2024, the Board appointed Mr. Li as the Chief Executive Officer of the Company.”

Yuwen Li was elected as Director and Chairman at Fortune Valley Treasures, Inc..

“Effective June 6, 2024, the Board elected Mr. Yuwen Li to serve as a director and Chairman of the Board.”

Yumin Lin resigned as Chief Executive Officer and Director at Fortune Valley Treasures, Inc..

“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.”

Fortune Valley Treasures, Inc. engaged YCM CPA Inc. as its auditor.

“On February 7, 2024, the Registrant’s Audit Committee and Board of Directors approved and ratified the appointment of YCM CPA Inc.”

Fortune Valley Treasures, Inc. dismissed MaloneBailey, LLP as its auditor.

“On January 25, 2024, the Registrant dismissed its previous independent registered public accounting firm, MaloneBailey, LLP”

Ramesh Ruben Louis resigned as Member of the Board of Directors at Fortune Valley Treasures, Inc..

“On January 23, 2024, Mr. Ramesh Ruben Louis tendered his resignation as a member of the board of directors (the “Board”) of Fortune Valley Treasures, Inc. (the “Company”), effective immediately.”

Bulin Wang resigned as Director at Fortune Valley Treasures, Inc..

“On May 18, 2023, Mr. Bulin Wang tendered his resignation as a member of the board of directors (the “Board”) of Fortune Valley Treasures, Inc. (the “Company”) due to his retirement, effective immediately.”

Minghua Cheng resigned as Director at Fortune Valley Treasures, Inc..

“On April 21, 2022, Mr. Minghua Cheng tendered his resignation as a member of the board of directors (the “Board”) of Fortune Valley Treasures, Inc. (the “Company”), effective April 21, 2022.”

Anthony S. Chan was appointed as independent director at Fortune Valley Treasures, Inc..

“Effective October 26, 2021, the Board has appointed Anthony S. Chan as an independent director of the Company.”

Yumei Liu resigned as member of the board of directors at Fortune Valley Treasures, Inc..

“Effective October 26, 2021, Yumei Liu resigned as a member of the board of directors (the “Board”) of Fortune Valley Treasures, Inc. (the “Company”).”