Company: OCG
Filing Date: 2025-12-11
Form Type: 424B5
Source: 0001213900-25-120719
Chunk: 55

Company: Oriental Culture Holding LTD
Filing Date: 2025-12-11
Form: 424B5
Chunk 55
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 completion of the overseas offering as
an existing listed company. On February 24, 2023, the CSRC, the Ministry of Finance, the National Administration of State Secretes Protection
and the National Archives Administration released the Provisions on Strengthening the Confidentiality and Archives Administration Related
to the Overseas Securities Offering and Listing by Domestic Companies, or the Confidentiality and Archives Administration Provisions,
which took effect on March 31, 2023. PRC domestic enterprises seeking to offer securities and list in overseas markets, either directly
or indirectly, shall establish and improve the system of confidentiality and archives work, and shall complete approval and filing procedures
with competent authorities, if such PRC domestic enterprises or their overseas listing entities provide or publicly disclose documents
or materials involving state secrets and work secrets of state organs to relevant securities companies, securities service institutions,
overseas regulatory agencies and other entities and individuals. It further stipulates that (i) providing or publicly disclosing documents
and materials which may adversely affect national security or public interests, and accounting records or photocopies thereof to relevant
securities companies, securities service institutions, overseas regulatory agencies and other entities and individuals shall be subject
to corresponding procedures in accordance with relevant laws and regulations; and (ii) any working papers formed in the territory of
the PRC by securities companies and securities service agencies that provide domestic enterprises with securities services relating to
overseas securities issuance and listing shall be stored in the territory of the PRC, the outbound transfer of which shall be subject
to corresponding procedures in accordance with relevant laws and regulations. We operate our online platforms through our subsidiaries
in Hong Kong which are not subject to the laws and regulations of China, and the VIE and its subsidiaries in China provide marketing,
warehouse storage and technical maintenance services and they are not cyberspace operators with personal information of more than 1 million
users or activities that affect or may affect national security and they don’t have documents and materials which may adversely
affect national security or public interests. However, given the current PRC regulatory environment, it is uncertain whether we, our
PRC subsidiary or VIE and its subsidiaries, will be able to obtain such permission or be required to obtain other permission from the
PRC government to continue listing on U.S. exchanges or offer its securities in the future, and even when such permission is obtained,
whether it will be denied or rescinded. If we, our subsidiaries, or the VIE and its subsidiaries do not receive or