Company: OCG
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-043484
Chunk: 95

Company: Oriental Culture Holding LTD
Filing Date: 2025-05-15
Form: 20-F
Item: Item 6
Chunk 95
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 contributions to employee benefit plans at specified percentages of the salaries, bonuses
and certain allowances of our employees, up to a maximum amount specified by the local government from time to time. As of the date of
this report, we have made adequate employee benefit payments. However, if we were found by the relevant authorities that we failed to
make adequate payment, we may be required to make up the contributions for these plans as well as to pay late fees and fines. See“ Risk
Factors - Risks Related to Doing Business in China - Failure to make adequate contributions to various employee benefit plans
as required by PRC regulations may subject us to penalties.”

As required by Hong Kong laws and regulations,
we contribute to the Mandatory Provident Fund and take out insurance policies for our Hong Kong-based employees.

We enter into standard labor and confidentiality
agreements with our employees. We believe that we maintain a good working relationship with our employees, and we have not experienced
any major labor disputes.

6. E. Share Ownership

The following table sets forth information with respect to the beneficial
ownership of our ordinary shares as of May 9, 2025 for:

  each beneficial owner of 5% or more of our outstanding ordinary shares;  
  each of our directors and executive officers; and                        
  all of our directors and executive officers as a group.                  

Beneficial ownership is determined in accordance
with the rules of the SEC. These rules generally attribute beneficial ownership of securities to persons who possess sole or shared voting
power or investment power with respect to those securities and include ordinary shares issuable upon the exercise of options that are
immediately exercisable or exercisable within 60 days of the date hereof. These shares, however, are not included in the computation
of the percentage ownership of any other person.

Except as otherwise indicated, all of the shares
reflected in the table are ordinary shares and all persons listed below have sole voting and investment power with respect to the shares
beneficially owned by them, subject to applicable community property laws. The information is not necessarily indicative of beneficial
ownership for any other purpose.

The calculations in the table below are based
on 20,733,927 ordinary shares issued and outstanding as of May 9, 2025.

Except as otherwise indicated in the table below,
addresses of our directors, executive officers and named beneficial owners are in care of Oriental Culture Holding LTD, Room 1310, Tower
B, Harbour View Building, Eastern District, Hong Kong.