Company: OCG
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-043484
Chunk: 123

Company: Oriental Culture Holding LTD
Filing Date: 2025-05-15
Form: 20-F
Item: Item 19
Chunk 123
---
                                                                                $                                         ( 0.18      $              ( 0.84      $                 0.77  

  Shares and per share data are presented on a retroactive                
  basis to reflect the share consolidation effected on October 10, 2023.  
 ──────────────────────────────────────────────────────────────────────────

The accompanying notes are an integral part of these consolidated financial
statements.

F-4

ORIENTAL CULTURE HOLDING LTD. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’
EQUITY

  BALANCE, DECEMBER 31, 2021               6,130,946       1,533      21,884,962      112,347      25,092,043       1,097,956         47,188,360  
  Share subscription received              -               -          -                                                                1,000,000  
  Issuance of ordinary shares              36,456          9          464,805         -            -                -                    464,814  
  Net income                               -               -          -               -            3,235,686        -                  3,235,686  
  Statutory reserve                        -               -          -               12,410       ( 12,410         -                          -  
  Foreign                                  -               -          -               -            -                ( 2,273,012      ( 2,273,012  
  BALANCE, December 31,                    6,167,402       1,542      22,349,767      124,757      28,315,319       ( 1,175,056       49,615,848  
  Amortization of shares issued            -               -          92,960          -            -                -                     92,960  
  Additional rounding shares               23,938          1          ( 1             -            -                -                          -  
  Net loss                                 -               -          -               -            ( 3,598,480      -                ( 3,598,480  
  Statutory reserve                        -               -          -               28,280       ( 28,280         -                          -  
  Foreign                                  -               -          -               -            -                ( 560,679          ( 560,679  
  BALANCE, December 31,