Company: OCG
Filing Date: 2025-12-11
Form Type: 424B5
Source: 0001213900-25-120719
Chunk: 71

Company: Oriental Culture Holding LTD
Filing Date: 2025-12-11
Form: 424B5
Chunk 71
---
uant
to those Equity Option Agreements among the WFOE, Jiangsu Yanggu and Jiangsu Yanggu’s shareholders dated May 8, 2019, amended on
January 28, 2021, WFOE has the exclusive right to require that Jiangsu Yanggu’s shareholders fulfill and complete all approval
and registration procedures required under PRC laws for the WFOE to purchase, or designate one or more persons to purchase, such shareholders’
equity interests in Jiangsu Yanggu, in one or multiple transactions, at any time or from time to time, at the WFOE’s sole and absolute
discretion. The purchase price shall be the lowest price allowed by PRC laws. The Equity Option Agreements shall remain effective until
all of the equity interests owned by Jiangsu Yanggu’s shareholders have been legally transferred to the WFOE or its designee(s).

Pursuant to those Voting Rights Proxy and Financial Supporting Agreements among the WFOE, Jiangsu Yanggu and Jiangsu
Yanggu’s shareholders dated May 8, 2019, amended on January 28, 2021, Jiangsu Yanggu’s shareholders irrevocably appointed
the WFOE or the WFOE’s designee to exercise all of his or her rights as a shareholder of Jiangsu Yanggu under the Articles of Association
of Jiangsu Yanggu, including but not limited to the power to exercise all such shareholder’s voting rights with respect to all
matters to be discussed and voted in Jiangsu Yanggu shareholder meetings. The term of the Voting Rights Proxy and Financial Supporting
Agreements is 20 years.

Although the VIE Contractual
Arrangements have been widely adopted by PRC companies seeking for listing aboard, such arrangements have not been truly tested in any
of the PRC courts. This type of corporate structure may affect you and the value of your investment in the Company including that the
Company may incur substantial costs to enforce the terms of the VIE arrangements. The PRC legal system could limit our ability to enforce
the VIE agreements, through arbitration, litigation, and other legal proceedings, which could limit our ability to enforce the VIE agreements
and consolidate the VIE under U.S. GAAP. Furthermore, these contracts may not be enforceable in the PRC if the PRC government authorities
or courts take a view that such contracts contravene PRC laws and regulations or are otherwise not enforceable for public policy reasons