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Fortune Valley Treasures Withdrawn, Nasdaq: FVTI

Distributor of alcohol and other food and beverage products in China.

Industry: Consumer Staples

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First Day Return:

Return from IPO:

Industry: Consumer Staples

We are a food and beverage supply chain company based in Guangdong province, China. With the mission to improve people’s lives by offering safe and quality foods, we are committed to building a first class food supply chain business in China and in the global markets. Through quality control and sales of selected branded products, we provide a one-stop quality food purchase experience for both businesses and individual customers. Our vision is “Safe Foods for the People.” Our products are well recognized among consumer groups in the Pearl River Delta region of China. We strive to improve the consumers’ food experience in respect of brand, quality, service and speed. Through online and offline channels, we deliver quality food products to consumers through sales targeting national and regional wholesalers, major food and beverage chains, supermarkets and other retailers. We purchase, supply, distribute and sell alcohol and non-alcohol beverages, packaged staple foods, and household drinking water related purification devices. Since our founding in 2011, we have primarily engaged in the wholesale distribution and retail sale of wine and liquor products in Southern China. In the recent years, we have expanded into the non-alcohol beverage and food markets through strategic acquisitions.
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IPO Data
IPO File Date 12/16/2021
Offer Price
Price Range $4.00 - $4.00
Offer Shares (mm) 1.5
Deal Size ($mm) $6
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date
Offer Price
Price Range $4.00 - $4.00
Offer Shares (mm) 1.5
Deal Size ($mm) $6
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Joseph Stone Capital
Company Data
Headquarters Dongguan, China
Founded 2011
Employees at IPO 59
Website www.fvti.show

Fortune Valley Treasures (FVTI) Performance