Company: OCG
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-043484
Chunk: 48

Company: Oriental Culture Holding LTD
Filing Date: 2025-05-15
Form: 20-F
Item: Item 4
Chunk 48
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 effect in Hong Kong in 1996 aims to protect the privacy of individuals
of their personal data. The PDPO imposes a statutory duty on data users to comply with the requirements of the six data protection principles
(the “ Data Protection Principles”) contained in Schedule 1 to the PDPO. The PDPO provides that a data user shall not do an
act, or engage in a practice, that contravenes a Data Protection Principle unless the act or practice, as the case may be, is required
or permitted under the PDPO. The six Data Protection Principles are:

  Principle 1 — purpose and manner of collection of personal data;  

  Principle 2 — accuracy and duration of retention of personal data;  

  Principle 3 — use of personal data;  

  Principle 4 — security of personal data;  

  Principle 5 — information to be generally available; and  

  Principle 6 — access to personal data.  

Non-compliance with a Data Protection Principle
may lead to a complaint to the Privacy Commissioner for Personal Data (the “ Privacy Commissioner”). The Privacy Commissioner
may serve an enforcement notice to direct the data user to remedy the contravention. A data user who contravenes an enforcement notice
commits an offence which may lead to a fine and imprisonment.

The PDPO also gives data subjects certain rights, inter
alia:

  the right to be informed by a data user whether the data user holds personal data of which the individual is the data subject;  

  if the data user holds such data, to be supplied with a copy of such data; and  

  the right to request correction of any data they consider to be inaccurate.  

The PDPO criminalizes, including but not limited
to, the misuse or inappropriate use of personal data in direct marketing activities, non-compliance with a data access request
and the unauthorized disclosure of personal data obtained without the relevant data user’s consent.

Hong Kong Laws and Regulations relating to Trade Description

Trade Descriptions Ordinance(Chapter 362
of the Laws of Hong Kong) (“ TDO”), which came into full effect in Hong Kong on April 1, 1981 aims to prohibit false or misleading
trade descriptions and statements to goods and services provided to the customers during or after a commercial transaction. Pursuant to
the TDO, any person in the course of any trade or business applies a false trade description to any goods or supply or offers to supply
them commits an offence and a person also commits the same offence