Company: OCG
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-043484
Chunk: 55

Company: Oriental Culture Holding LTD
Filing Date: 2025-05-15
Form: 20-F
Item: Item 4
Chunk 55
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. On November 4, 2021, Kashi Dongfang and Kashi Longrui,
the wholly owned subsidiaries of Jiangsu Yanggu, jointly entered into an agreement acquired an office building from Nanjing Z-COM Wireless
Communication Technology Co., Ltd. for a total amount of RMB60 million (approximately $9.2 million). The office building is located at
Building 30, #699-22, Xuanwu Avenue, Xuanwu District, Nanjing City, Jiangsu Province, which is approximately 6,840 square meters. The
land use right for the land occupied by the building was acquired by means of purchase and remains valid until December 20, 2056. The
Company completed the decoration of the building in January 2024, which has been used as our office space in China since February 2024.

We believe that we will have adequate facilities
to accommodate our future expansion plans. Currently, we lease the following properties to conduct our business:

  Property                                                                           Lessee                            Annual Rent                                                                                 Termination            Purposes/Use  
                                                                                                                                                                                                                   Date                                 
  No. 2, Youzishan Road, Dongba Street, Gaochun District                             Jiangsu Yanggu                    Rent free due to preferential treatment by local government for registered enterprises      November 1, 2029       Office        
  Room 501, 14 th Floor, Shannxi Building, Kashi Avenue, Kashi, Xinjiang, China      Kashi Longrui                     RMB 25,000 (approximately $3,548)                                                           June 30, 2025          Office        
  Room 1310, Tower B, Harbour View                                                   Oriental Culture Holding LTD      HKD 120,000(approximately                                                                   December 31, 2025      Office        
                                                                                                                                                                                                                                                        
  Building, Eastern District, Hong Kong                                                                                $ 15,400)                                                                                                                        
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ITEM 4A. UNRESOLVED STAFF COMMENTS