Management Change/Compensation Form 8 K

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

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. The Board accepted the resignation of Mr. Lin. Mr. Lin's resignation was not the result of any disagreement with the Company, the Company's management or the Board.

The foregoing description of Mr. Lin's letter of resignation is qualified in its entirety by the full text thereof, which is filed as Exhibit 17.1 to, and incorporated by reference in, this Current Report.