Company: OCG
Filing Date: 2025-12-11
Form Type: 424B5
Source: 0001213900-25-120719
Chunk: 23

Company: Oriental Culture Holding LTD
Filing Date: 2025-12-11
Form: 424B5
Chunk 23
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 Jiangsu Yanggu Culture Development Co., Ltd., the variable interest entity of the
Company in China because they, each had business relationship with Nanjing Jinwang.

The Court had the hearing
in August 2023 and trial in January 2024 and both of Mr. Kong and Mr. Gao were released on bail waiting for the judgement of the Court
since February 2024. On May 5, 2025, NCPP filed with the Court to withdraw the charges against Nanjing Jinwang, Mr. Aimin Kong and Mr.
Huajun Gao due to lack of evidence to press the charges. On May 8, 2025, the Court ordered to grant the withdrawal of charges against
Nanjing Jinwang, Mr. Kong and Mr. Gao by NCCP. On May 15, 2025, Nan County Public Safety Bureau unfroze the bank accounts of Nanjing
Jinwang, a related party of the Company. On May 15, 2025, Nan County Public Safety Bureau unfroze the bank accounts of Kashi Longrui,
Kashi Dongfang and Nanjing Yanyu. On May 28, 2025, NCCP determined it would not seek to file any charges against Nanjing Jinwang, Mr.
Aimin Kong and Mr. Huajun Gao. The investigation and case have been officially closed according to the PRC counsel of the Company, Tahota
(Nanjing) Law Firm. All customers can freely transfer their deposits and make their withdrawals based on their actual needs.

<div align='center'>S-5</div>

Neither the Company nor its
VIE or subsidiaries of its VIE have received any notification for enforcement charges from Nan County Public Safety Bureau, other than
cash and short-term investment in the frozen bank accounts relating to the Nanjing Jinwang investigation as described above. Mr. Gao
and Mr. Kong are not officers, directors or employees of the Company, its VIE or subsidiaries of the VIE until January 23, 2025 when
Mr. Kong was appointed as Chief Operating Officer of the Company.

Due to the Nanjing Jinwang
case between July 2022 and May 2025, the business operations of the Company have been materially and negatively impacted as its customers
may have had concerns regarding the safety of their deposited funds following difficulties they experienced in withdrawing their security
deposits through online banking when the bank accounts were frozen. The