Company: OCG
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-043484
Chunk: 1

Company: Oriental Culture Holding LTD
Filing Date: 2025-05-15
Form: 20-F
Item: Item 3
Chunk 1
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pace Administration of China or the CAC, National Development and Reform Commission, Ministry of Industry and
Information Technology, Ministry of Public Security, Ministry of State Security, Ministry of Finance, Ministry of Commerce, People’s
Bank of China, State Administration for Market Regulation, State Administration of Radio and Television, China Securities Regulatory
Commission (“ CSRC”), State Secrecy Administration and State Cryptography Administration and became effective on February
15, 2022, which provides that, Critical Information Infrastructure Operators (“ CIIOs”) that purchase internet products and
services and Online Platform Operators engaging in data processing activities that affect or may affect national security shall be subject
to the cybersecurity review by the Cybersecurity Review Office. On April 2, 2022, the CSRC released the Provisions on Strengthening Confidentiality
and Archives Administration of Overseas Securities Offering and Listing by Domestic Companies (Draft for Comments), which provide that
a domestic company that seeks to offer and list its securities in a overseas market shall strictly abide by applicable PRC laws and regulations,
enhance legal awareness of keeping state secrets and strengthening archives administration, institute a sound confidentiality and archives
administration system, and take necessary measures to fulfill confidentiality and archives administration obligations. On July 7, 2022,
CAC promulgated the Measures for the Security Assessment of Data Cross-border Transfer, effective on September 1, 2022, which requires
the data processors to apply for data cross-border security assessment coordinated by the CAC under the following circumstances: (i)
any data processor transfers important data to overseas; (ii) any critical information infrastructure operator or data processor who
processes personal information of over 1 million people provides personal information to overseas; (iii) any data processor who provides
personal information to overseas and has already provided personal information of more than 100,000 people or sensitive personal information
of more than 10,000 people to overseas since January 1st of the previous year; and (iv) other circumstances under which the data
cross-border transfer security assessment is required as prescribed by the CAC. On February 17, 2023, China Securities Regulatory Commission
(“ CSRC”) released Trial Administrative Measures of Overseas Securities Offering and Listing by Domestic Companies (the “ New
Overseas Listing Rules”) with five interpretive guidelines, which took effect on March 31, 2023. The New Overseas Listing Rules
require Chinese domestic enterprises to complete filings with CSRC and report related information under certain circumstances