Company: OCG
Filing Date: 2025-12-11
Form Type: 424B5
Source: 0001213900-25-120719
Chunk: 17

Company: Oriental Culture Holding LTD
Filing Date: 2025-12-11
Form: 424B5
Chunk 17
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 is headquartered in the U.S. and the Public Company Accounting
Oversight Board (United States) (the “PCAOB”) currently has access to inspect the working papers of our auditor and our auditor
is not subject to the determinations announced by the PCAOB on December 16, 2021, which determinations were vacated on December 15, 2022.
The Holding Foreign Companies Accountable Act and related regulations currently do not affect the Company as the Company’s auditor
is subject to PCAOB’s inspection and investigation.

Dividend Distribution and Cash Transfer Between the Holding Company and Subsidiary .

We are an online provider of collectibles and
artwork e-commerce services and we facilitate trading by individual and institutional customers of all kinds of collectibles, artworks
and certain commodities on our online platform owned by our subsidy in Hong Kong, namely the China International Assets and Equity of
Artworks Exchange Limited. We also provide online and offline integrated marketing, warehouse storage and technical maintenance services
to our customers through subsidiaries in China.

Our PRC operating entities receive their revenues
in RMB. Under our current corporate structure, to fund any cash and financing requirements we may have, the Company may rely on certain
dividend payments from our subsidiaries in Hong Kong and WFOE in China. Our WFOE receives payments from our operating subsidiaries in
China. WFOE may make distribution of such payments to Oriental Culture HK as dividends.

Under existing PRC foreign exchange regulations,
payments of current account items, such as profit distributions and trade and service-related foreign exchange transactions, can be made
in foreign currencies without prior approval from State Administration of Foreign Exchange or SAFE by complying with certain procedural
requirements. Therefore, our PRC subsidiaries, WFOE is able to pay dividends in foreign 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