Company: OCG
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-043484
Chunk: 10

Company: Oriental Culture Holding LTD
Filing Date: 2025-05-15
Form: 20-F
Item: Item 3
Chunk 10
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316,033       32,424,694       32,424,694  
  CASH AND CASH EQUIVELENTS, end of year                    $            14,411,389          336         891,194       8,240,627       23,543,546       23,543,546  

3. A. [Reserved]

3. B. Capitalization and Indebtedness

Not Applicable.

3. C. Reasons For The Offer And Use Of Proceeds

Not Applicable.

3. D. Risk Factors

An investment in our ordinary shares involves
a high degree of risk. You should carefully consider the risks and uncertainties described below together with all other information contained
in this annual report, including the matters discussed under the headings “ Forward-Looking Statements” and “ Operating
and Financial Review and Prospects” before you decide to invest in ourordinary shares. We are a holding company with
substantial operations in Hong Kong and China and are subject to a legal and regulatory environment that in many respects differs from
the United States. If any of the following risks, or any other risks and uncertainties that are not presently foreseeable to us, actually
occur, our business, financial condition, results of operations, liquidity and our future growth prospects could be materially and adversely
affected.

Summary of Risk Factors

An investment in our ordinary shares involves
significant risks. Below is a summary of material risks we face, organized under relevant headings. These risks are discussed more fully
inItem 3. Key Information - D. Risk Factors.