Current Report Filing (8-k)
May 18 2023 - 4:01PM
Edgar (US Regulatory)
0001626745
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0001626745
2023-05-18
2023-05-18
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): May 18, 2023
FORTUNE
VALLEY TREASURES, INC.
(Exact
name of registrant as specified in its charter)
| Nevada |
|
000-55555 |
|
32-0439333 |
(State
or other jurisdiction of
incorporation
or organization) |
|
(Commission
File
Number) |
|
(I.R.S.
Employer
Identification
Number) |
B1601
Oriental Impression Building 2
Liansheng
Road, Humen Town
Dongguan,
Guangdong Province, China |
|
523900 |
| (Address
of principal executive offices) |
|
(Zip
Code) |
Registrant’s
telephone number, including area code: (86) (769) 8572 9133
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation to the registrant under
any of the following provisions:
| ☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| |
|
| ☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| |
|
| ☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| |
|
| ☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Act: None.
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b–2 of the Securities Exchange Act of 1934 (§ 240.12b–2 of this chapter).
Emerging
growth company ☐
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers.
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. Ms. Wang’s resignation was not the result
of any disagreement with the Company, the Company’s management or the Board.
On
May 18, 2023, the Board accepted the resignation of Bulin Wang. Following Mr. Wang’s resignation, the Board reduced the size of
the Board from eight directors to seven directors. The Board appointed director Jianwei Lin to fill the vacancies on the Compensation
Committee and the Corporate Governance and Nominating Committee that were created by Mr. Wang’s resignation from the Board. Effective
May 18, 2023, Mr. Jianwei Lin will serve as the Chair of the Compensation Committee and a member of the Corporate Governance and Nominating
Committee.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, hereunto duly authorized.
Dated:
May 18, 2023
| |
FORTUNE
VALLEY TREASURES, INC. |
| |
|
|
| |
By: |
/s/
Yumin Lin |
| |
Name: |
Yumin
Lin |
| |
Title: |
Chief
Executive Officer |
Fortune Valley Treasures (PK) (USOTC:FVTI)
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