Current Report Filing (8-k)

 

 

 

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