Company: OCG
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-043484
Chunk: 9

Company: Oriental Culture Holding LTD
Filing Date: 2025-05-15
Form: 20-F
Item: Item 3
Chunk 9
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 for the intercompany borrowings and the payment for intercompany services, except for the standard
value added taxes and/or income taxes for the revenues and/or profits generated from such services.

Selected Condensed Consolidated Financial Schedule of the Company
and Its Subsidiaries and VIE

Set forth below is selected consolidating statements
of income and cash flows for the years ended December 31, 2024 and 2023 and selected balance sheet information as of December 31, 2024
and 2023 showing financial information for the Company (excluding the VIEs), the VIEs, eliminating entries and consolidated information.

ORIENTAL CULTURE HOLDING
LTD AND SUBSIDIARIES

UNAUDITED CONDENSED CONSOLIDATED
BALANCE SHEETS

FOR THE YEAR ENDED DECEMBER
31, 2024

 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  ASSETS                                                                                                                                                 
  CURRENT ASSETS                                                                                                                                         
  Cash                                      14,411,389      14,411,725      95,779           2,560,768       2,656,547      -                17,068,272  
  Restricted                                -               -               834,366          5,640,908       6,475,274      -                 6,475,274  
  Short-term                                5,256,000       5,256,000       -                   38,952          38,952      -                 5,294,952  
  Restricted                                -               -               -               10,794,296      10,794,296      -                10,794,294  
  Accounts receivable,                      -               -               -                      278             278      -                       278  
  Inventory                                 -               -               1,231,335                -       1,231,335      -                 1,231,335  
  Other receivables                         67,529          77,460          160,380            835,404         995,784      -                 1,073,244  
  Other receivable                          1,944,260       1,000,000       229,996         10,489,506      10,719,502      (1,000,000                -  
                                                                                                                            (8,720,