UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 ☐ 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 as specified in its charter) Nevada 32-0439333 (State or o ...

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, 2021 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, 2021 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 [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2021 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) Nevada 32-043933 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 [ ] 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 as specified in its charter) Nevada 32-0439333 (State ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to _______ COMMISSION FILE NO. 000-55555 FORTUNE VALLEY TREASURES, INC. (Exact name of registrant as specified in its charter) Nevada 32-0439333 (State or ot ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2020 [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to _______ COMMISSION FILE NO. 000-55555 FORTUNE VALLEY TREASURES, INC. (Exact name of registrant as specified in its charter) Nevada 32-0439333 (State or other j ...

[PART I - FINANCIAL INFORMATION](index=4&type=section&id=PART%20I%20-%20FINANCIAL%20INFORMATION) This section presents the company's financial statements and related disclosures for the period ended March 31, 2020 [Financial Statements](index=4&type=section&id=ITEM%201.%20FINANCIAL%20STATEMENTS) The company's financial statements for the period ended March 31, 2020, show a significant increase in total assets to $292,184, but also a rise in total liabilities to $1,148,038, resulting in a larger stockholders' deficit of $855,854 [Condensed Consolidated Balance Sheets](index=6&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) As of March 31, 2020, the company's total assets increased to $292,184 from $193,037 at year-end 2019, driven by increases in cash and plant & equipment Condensed Consolidated Balance Sheet Highlights (USD) | Balance Sheet Item | March 31, 2020 (Unaudited) | December 31, 2019 | | :--- | :--- | :--- | | **Total Current Assets** | $131,794 | $73,970 | | **Total Assets** | $292,184 | $193,037 | | **Total Current Liabilities** | $1,054,804 | $855,352 | | **Total Liabilities** | $1,148,038 | $953,541 | | **Total Stockholders' Deficit** | ($855,854) | ($760,504) | [Condensed Consolidated Statements of Operations and Comprehensive Loss](index=7&type=section&id=Condensed%20Consolidated%20Statements%20of%20Operations%20and%20Comprehensive%20Loss) For the three months ended March 31, 2020, the company reported a net loss of $102,568, a significant increase from the $32,928 net loss in the same period of 2019 Statement of Operations Highlights (USD) | Metric | Three Months Ended March 31, 2020 | Three Months Ended March 31, 2019 | | :--- | :--- | :--- | | Net Revenues | $22,051 | $42,020 | | Gross Profit | $7,625 | $13,112 | | Operating Loss | ($103,236) | ($34,127) | | Net Loss | ($102,568) | ($32,928) | | Comprehensive Loss | ($95,350) | ($36,421) | | Basic and Diluted Loss Per Share | ($0.00) | ($0.00) | [Condensed Consolidated Statements of Cash Flows](index=9&type=section&id=Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) For the three months ended March 31, 2020, net cash provided by operating activities was $25,276, a reversal from the $31,338 used in the prior-year period, mainly due to a large increase in accounts and other payables Cash Flow Summary (USD) | Cash Flow Activity | Three Months Ended March 31, 2020 | Three Months Ended March 31, 2019 | | :--- | :--- | :--- | | Net Cash from Operating Activities | $25,276 | ($31,338) | | Net Cash from Investing Activities | ($50,550) | $0 | | Net Cash from Financing Activities | $56,590 | $159,116 | | **Net Increase in Cash** | **$31,316** | **$127,778** | [Notes to Financial Statements](index=10&type=section&id=Notes%20to%20Financial%20Statements) The notes detail the company's business as a wholesale and retail distributor of alcoholic beverages in the PRC, outlining acquisitions, going concern risks, and related party financing - The company is engaged in the wholesale and retail of alcoholic beverages in the People's Republic of China (PRC)[16](index=16&type=chunk) - The company has entered into agreements to acquire controlling stakes in several companies to expand its portfolio, including Makaweng (wine & spirits), BTF (bottled water), and Valley Holdings (food wholesale)[22](index=22&type=chunk)[25](index=25&type=chunk)[32](index=32&type=chunk) - There is substantial doubt about the company's ability to continue as a going concern due to a net loss of **$100,745** and a working capital deficit of approximately **$904,345** as of March 31, 2020[79](index=79&type=chunk) - The company has significant related party transactions, with outstanding payables of **$852,831** to its Chairman, Yumin Lin, and his wife as of March 31, 2020, primarily for working capital advances and rent[87](index=87&type=chunk)[88](index=88&type=chunk) [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=24&type=section&id=ITEM%202.%20MANAGEMENT%27S%20DISCUSSION%20AND%20ANALYSIS%20OF%20FINANCIAL%20CONDITION%20AND%20RESULTS%20OF%20OPERATIONS) Management attributes the significant decline in revenue for Q1 2020 to the adverse impact of the COVID-19 pandemic, which reduced customer demand for its non-essential luxury goods - The COVID-19 pandemic has adversely affected the company's business, results of operations, and financial condition due to quarantines, travel restrictions, and temporary business closures in China[99](index=99&type=chunk) - Specific impacts from COVID-19 include a one-month office closure, operational and supply chain disruptions, and reduced customer demand for products[100](index=100&type=chunk)[101](index=101&type=chunk) Q1 2020 vs Q1 2019 Performance (USD) | Metric | 2020 | 2019 | Change | | :--- | :--- | :--- | :--- | | Revenue | $22,051 | $42,020 | ($19,969) | | Gross Profit | $7,625 | $13,112 | ($5,487) | | Operating Expense | $110,861 | $47,239 | $63,622 | | Comprehensive Loss | ($95,350) | ($36,421) | ($59,109) | - The decrease in revenue was caused by a general decline in customer orders due to the COVID-19 outbreak, as the company's products are considered non-essential luxury goods[104](index=104&type=chunk) - Operating expenses increased by **$61,799** primarily due to higher professional service fees and administrative costs related to proposed acquisitions of BTF and Valley Holdings[107](index=107&type=chunk) [Quantitative and Qualitative Disclosures About Market Risk](index=28&type=section&id=ITEM%203.%20QUANTITATIVE%20AND%20QUALITATIVE%20DISCLOSURES%20ABOUT%20MARKET%20RISK) The company is not required to provide quantitative and qualitative disclosures about market risk because it qualifies as a "smaller reporting company" under SEC regulations - As a "smaller reporting company," the company is exempt from providing disclosures about market risk under Item 305(e) of Regulation S-K[116](index=116&type=chunk) [Controls and Procedures](index=28&type=section&id=ITEM%204.%20CONTROLS%20AND%20PROCEDURES) Management concluded that the company's disclosure controls and procedures were not effective as of March 31, 2020, due to identified weaknesses - Management concluded that disclosure controls and procedures were not effective as of March 31, 2020[118](index=118&type=chunk) - Identified weaknesses in controls include the lack of an audit committee financial expert and a lack of accounting personnel with technical knowledge of SEC rules[118](index=118&type=chunk)[119](index=119&type=chunk) - The company plans to hire additional accounting staff and engage a pre-audit firm to remediate the control weaknesses[118](index=118&type=chunk) [PART II - OTHER INFORMATION](index=29&type=section&id=PART%20II%20-%20OTHER%20INFORMATION) This section covers other required disclosures, including legal proceedings, risk factors, and exhibits [Legal Proceedings](index=29&type=section&id=ITEM%201.%20LEGAL%20PROCEEDINGS) The company is not currently a party to any legal proceedings that would have a material adverse effect on its business, financial condition, or operations - The company is not presently a party to any material legal proceedings[121](index=121&type=chunk) [Risk Factors](index=29&type=section&id=ITEM%201A.%20RISK%20FACTORS) This section is not applicable as the company is a smaller reporting company - Disclosure of risk factors is not applicable for a smaller reporting company[122](index=122&type=chunk) [Unregistered Sales of Equity Securities and Use of Proceeds](index=29&type=section&id=ITEM%202.%20UNREGISTERED%20SALES%20OF%20EQUITY%20SECURITIES%20AND%20USE%20OF%20PROCEEDS) The company reported no unregistered sales of equity securities during the period - There were no unregistered sales of equity securities[122](index=122&type=chunk) [Defaults Upon Senior Securities](index=29&type=section&id=ITEM%203.%20DEFAULTS%20UPON%20SENIOR%20SECURITIES) The company reported no defaults upon senior securities - There were no defaults upon senior securities[122](index=122&type=chunk) [Other Information](index=29&type=section&id=ITEM%205.%20OTHER%20INFORMATION) There is no other information to report for this period - No other information was disclosed[122](index=122&type=chunk) [Exhibits](index=29&type=section&id=ITEM%206.%20EXHIBITS) The report lists several exhibits filed, including Articles of Incorporation, Bylaws, an Equity Interest Transfer Agreement, CEO/CFO certifications, and XBRL data files - Exhibits filed with the report include corporate governance documents, material agreements, officer certifications, and interactive data files[120](index=120&type=chunk)[122](index=122&type=chunk)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 [ ] 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 as specified in its charter) Nevada 32-0439333 (State ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2019 [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to _______ COMMISSION FILE NO. 000-55555 FORTUNE VALLEY TREASURES, INC. (Exact name of registrant as specified in its charter) Nevada 32-0439333 (State or ot ...