Company: OCG
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-043484
Chunk: 92

Company: Oriental Culture Holding LTD
Filing Date: 2025-05-15
Form: 20-F
Item: Item 6
Chunk 92
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  Directors                                                          2         5               0             0  
  Part II: Demographic Background                                                                               
  Underrepresented Individual in Home Country Jurisdiction                                     0                
  LGBTQ+                                                                                       0                
  Did Not Disclose Demographic Background                                                      0                

Our board of directors currently
consists of 7 directors. We have established an audit committee, a compensation committee and a corporate governance and nominating committee.
Each of the committees of the board of directors has the composition and responsibilities described below.

Audit Committee

Nelson Wong, Xiaobing Liu and Jinren Chen
are the members of our audit committee, and Nelson Wong serves as the chairman. All members of our audit committee satisfy the independence
standards promulgated by the SEC and by NASDAQ as such standards apply specifically to members of audit committees.

We have adopted and approved a charter for the
audit committee. In accordance with our audit committee charter, our audit committee shall perform several functions, including:

  evaluates the independence and performance of, and assesses the qualifications of, our independent auditor, and engages such independent auditor;  

  approves the plan and fees for the annual audit, interim reviews, tax and other audit-related services, and approves in advance any non-audit service to be provided by the independent auditor;  

  monitors the independence of the independent auditor and the rotation of partners of the independent auditor on our engagement team as required by law;  

  reviews the financial statements to be included in our Annual Report on Form 20-F and Current Reports on Form 6-K and reviews with management and the independent auditors the results of the ann...  

  oversees all aspects our systems of internal accounting control and corporate governance functions on behalf of the board;  

  reviews and approves in advance any proposed related-party transactions and report to the full board on any approved transactions; and  

  provides oversight assistance in connection with legal, ethical and risk management compliance programs established by management and the board of directors, including Sarbanes-Oxley Act implem...  

Our board of directors has determined that Nelson
Wong possesses accounting or related financial management experience that qualifies him as an “audit committee financial expert”
as defined by the rules and regulations of the SEC.

Compensation Committee

Nelson Wong, Xiaobing Liu and Jinren Chen
are the members of our compensation committee and Jinren Chen serves as the chairman. All members of our