UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission File Number 000-55555 Fortune Valley Treasures, Inc. (Exact name of registrant issuer as specified in its charter) | --- | --- | |------ ...

Commission File Number 000-55555 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2024 Fortune Valley Treasures, Inc. (Exact name of registrant issuer as specified in its charter) | --- | --- | |----- ...

6000 7% 5608.755 6.28% 5234.918 5421.857 6% 5000 4550.909 4821.062 4590.202 359.2 960.3564101.618 5% 40% .03 4000 4% 3.919 3000 3.45 .57 3% 3.57 2000 2% 1000 1% 0.86% 0 0% 2016 2017 2018 2019 2020 2021E 2022E 2023E 2024E 2025E Market Size(billion in RMB) Y-O-Y Growth(%) Copyright @ Cevsn Inc. www.cevsn.com UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 For the fiscal year ended December 31, 2023 FORTUNE VALLEY TREASURES, INC. (Exact name of registrant as specified in its charter) ☒ ...

Net Income (Loss) For the three months ended September 30, 2023, our net loss was $1,222,744, compared to a net income of $910,735 for the three months ended September 30, 2022. The decrease in net income was a result of the factors described above. Results of Operations Three months ended September 30, 2023 and 2022 | --- | --- | --- | --- | --- | --- | --- | |--------------------------------------------------------------------------------|-------|---------------------------------------------------|------- ...

Related Party Transactions As of June 30, 2023 and December 31, 2022, the Company had accounts receivable from related parties in the amounts of $72,372 and $146,087, prepayments to related parties in the amounts of $1,162,622 and $1,102,861, deposits to related parties in the amounts of $573,584 and $758,445, and accounts payable to related parties in amounts of $107,454 and $80,426, respectively. During the six months ended June 30, 2023 and 2022, the Company sold products to its related parties in the am ...

NOTE 9 – BANK AND OTHER BORROWINGS In November 2021, the Company obtained a bank loan in the principal amount of RMB500,000 (approximately $79,000 when borrowed) from Shenzhen Qianhai Webank Co., Ltd. ("WeBank"), which bears interest at 3.6%. The maturity date is on December 11, 2021. On December 11, 2021, the Company and WeBank agreed to extend the maturity date of the loan to December 21, 2023 and increase the principal amount to RMB500,750 (approximately $79,000 when borrowed) reflecting the accrued inte ...

Food and Beverage Market Scale in China from 2016 to 2020 6000 7% 5608.755 6.28% 5234.918 5421.857 6% 5000 4550.909 4821.062 5038.079 4590,202 359.249 960.3564101.618 5% 409 .03° 4000 .50% 4% 3.919 3000 3.45% 3.57% 3% 3,57 2000 2% 1000 1% 0.86% 0 0% 2021E 2022E 2023E 2024E 2025E 2016 2017 2018 2019 2020 Market Size(billion in RMB) -Y-O-Y Growth(%) Copyright @ Cevsn Inc. www.cevsn.com China Economic Vision estimated that, although the pandemic has brough mcertainties to the alecolor) beverage products market ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission File Number 001-38308 Fortune Valley Treasures, Inc. (Exact name of registrant issuer as specified in its charter) Nevada 32-043933 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission File Number 001-38308 Fortune Valley Treasures, Inc. (Exact name of registrant issuer as specified in its charter) | --- | --- | |------ ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission File Number 001-38308 Fortune Valley Treasures, Inc. (Exact name of registrant issuer as specified in its charter) Nevada 32-0439333 (S ...