Company: OCG
Filing Date: 2025-12-11
Form Type: 424B5
Source: 0001213900-25-120719
Chunk: 78

Company: Oriental Culture Holding LTD
Filing Date: 2025-12-11
Form: 424B5
Chunk 78
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curities offering and listing is specifically prohibited by national laws and regulations and relevant provisions; (2) if the intended
securities offering and listing may endangers national security, as reviewed and determined by competent authorities under the State
Council in accordance with law; (3) if, in the past three years, the domestic enterprise or its controlling shareholders or actual controllers
have committed corruption, bribery, embezzlement, misappropriation of property, or other criminal offenses disruptive to the order of
the socialist market economy; (4) if the domestic enterprise is currently under investigation for suspicion of criminal offenses or major
violations, and no conclusion has yet been made thereof; or (5) if there are material ownership dispute over the equity held by the controlling
shareholders or the other shareholders controlled by the controlling shareholders or actual controllers. The New Overseas Listing
Rules stipulate the legal consequences to the companies for breaches, including failure to fulfill filing obligations or filing documents
having false statement or misleading information or material omission, which may result in a fine ranging from RMB1 million to RMB10
million, and in cases of severe violations, the relevant responsible persons may also be barred from entering the securities market,
although delisting is not a potential consequence for failure to file with CSRC pursuant to the New overseas Listing Rules. As the New
Overseas Listing Rules were enacted on March 31, 2023, the relevant filing procedures of the CSRC are required in connection with our
offerings. Any such future offering pursuant to this Form F-3 will be subject to the New Overseas Listing Rules but the offerings are
not contingent upon receipt of approval from the CSRC as the new rules only require the Company to file with CSRC within three business
days after the completion of the overseas offering since the Company is already listed on an oversea exchange before the effective date
of the New Overseas Listing Rules. Given the current PRC regulatory environment, it is uncertain whether we, our PRC subsidiaries, VIE
and its subsidiaries will be able to obtain such permission or will be required to obtain other permission from the PRC government, and
even when such permission is obtained, whether it will be denied or rescinded. If we or any of our subsidiaries do not receive or maintain
such permissions or approvals, fail to filing with CSRC under New Overseas Listing Rules as required, inadvertently conclude that such
permissions or approvals are not required, or applicable laws, regulations, or interpretations change and