Company: OCG
Filing Date: 2025-12-11
Form Type: 424B5
Source: 0001213900-25-120719
Chunk: 61

Company: Oriental Culture Holding LTD
Filing Date: 2025-12-11
Form: 424B5
Chunk 61
---
 fees for select traders with large transactions and are negotiated on a case by case basis. Predetermined transaction fees are recognized and earned over the specified service period. Predetermined transaction fees received in advance of the specified service period are recorded as deferred revenue. In 2018, the Company started a customer reward points program, pursuant to which reward points were issued for opening a new account or referring customers to open accounts with us during our promotion period. In that regard, customers are required to redeem certain reward points for new listings along with the regular listing services fees. If a customer does not own any reward points, he/she can purchase them from other customers on our platform. We do not record revenue when customers redeem any points as it is considered as a prerequisite for a new listing in addition to the regular services fees. The points are traded by and among our customers on the platform and we charge a transaction fee from such points trading. We assessed if a material right existed when we initially issued the reward points and if the reward points represent a separate performance obligation. In general, the points were given to customers based on existing accounts or promotions without the customers having to acquire services from the Company, therefore there was no material right and no separate performance obligation exists. Marketing service fees Marketing service fees are usually collected after we complete our services and includes the following type of services:

| (1) | For                                                                                                                                         
 certain marketing service agreements, we assist our customers in connection with his/her listing and trading of his/her collectible/artwork 
 or commodities on our platform, which mainly includes consultation and supporting services of the marketability for the collectible/artwork 
 or commodities; assessing its market value and market acceptance for the collectible/artwork or commodities; and assisting in the           
 application and legal protection required for the customer’s collectible/artwork or commodities to be approved for listing                  
 on our platforms. For marketing service contracts in which the related performance obligations can be completed within a short period       
 of time, we recognize the related revenue upon the completion of our performance obligations.                                               |

| (2) | Marketing                                                                                                                         
 service agreements also includes providing promotional services for customers’ items as where to place ads on well-known cultural 
 or art exchange websites in China, to provide online and offline marketing services including cooperation with auction houses and 
 participate in industry-related exhibitions and fairs.                                                                            |

The marketing service fees are charged on a fixed fee basis, which are based on the type of listing session that the customer applies for and whether the customer has listed and sold its collectible