Company: OCG
Filing Date: 2025-12-11
Form Type: 424B5
Source: 0001213900-25-120719
Chunk: 64

Company: Oriental Culture Holding LTD
Filing Date: 2025-12-11
Form: 424B5
Chunk 64
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 currencies to us without
prior approval from SAFE, subject to the condition that the remittance of such dividends outside of the PRC complies with certain procedures
under PRC foreign exchange regulations, such as the overseas investment registrations by the shareholders of the Company who are PRC
residents. Approval from or registration with appropriate government authorities is, however, required where the RMB is to be converted
into foreign currency and remitted out of China to pay capital expenses such as the repayment of loans denominated in foreign currencies.
The PRC government may also at its discretion restrict access in the future to foreign currencies for current account transactions. For
our Hong Kong subsidiaries, our subsidiary in British Virgin Islands and the holding company (“Non-PRC Entities”), there
is no restrictions on foreign exchange for such entities and they are able to transfer cash among these entities, across borders and
to US investors. Also, there is no restrictions and limitations on the abilities of Non-PRC Entities to distribute earnings from their
businesses, including from subsidiaries to the parent company or from the holding company to the U.S. investors as well as the abilities
to settle amounts owed. There is also no restriction and limitations on the ability of the WFOE to settle amounts owed by VIE under the
VIE agreements as both companies are incorporated in China and the amount to be settled will be in RMB without foreign exchange control.

We are a holding company,
and we may rely principally on dividends and other distributions on equity paid by our subsidiaries for our cash and financing requirements
we may have, including the funds necessary to pay dividends and other cash distributions to our shareholders and service any debt we
may incur. If any of our subsidiaries incurs debt on its own behalf in the future, the instruments governing the debt may restrict its
ability to pay dividends or make other distributions to us. Current PRC regulations permit our WFOE to pay dividends to the Company only
out of its accumulated profits, if any, determined in accordance with Chinese accounting standards and regulations. In addition, our
subsidiaries, VIE and its subsidiaries in China are required to set aside at least 10% of their after-tax profits each year, if any,
to fund a statutory reserve until such reserve reaches 50% of its registered capital. Each such entity in China is also required to further
set aside a portion of its after-tax profits to fund the employee welfare fund, although the amount to be set aside, if any, is determined
at