Company: OCG
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-043484
Chunk: 11

Company: Oriental Culture Holding LTD
Filing Date: 2025-05-15
Form: 20-F
Item: Item 4
Chunk 11
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ITEM 4. INFORMATION ON THE COMPANY

A. History and Development of the Company

We are an online provider of collectible and artwork
e-commerce services, which allow collectors, artists, art dealers and owners to access a much bigger art and collectable trading market
where they can engage with a wider range of collectible or artwork investors than they could likely encounter without our platforms. We
currently facilitate trading by individual and institutional customers of all kinds of collectibles, artwork and certain commodities on
our online platform owned by our subsidiary in Hong Kong, namely the China International Assets and Equity of Artworks Exchange Limited. We commenced our operations in March 2018 and our customer trading volume has been growing rapidly until the outbreak of COVID-19. We
also provide online and offline integrated marketing, storage and technical maintenance services to our customers in China. We, Oriental
Culture Holding LTD, are a holding company with operations conducted via our subsidiaries, variable interest entity and its subsidiaries.

We were incorporated under the laws of the Cayman
Islands as an offshore holding company on November 29, 2018, and we own 100% of the equity interest in Oriental Culture Development LTD
(“ Oriental Culture BVI”), which was incorporated on December 6, 2018 under the laws of British Virgin Islands.

Through Oriental Culture BVI, we own 100% of the
equity interest in HK Oriental Culture Investment Development Limited (“ Oriental Culture HK”), a company formed under the
laws of Hong Kong on January 3, 2019. Through Oriental Culture HK, we directly own 100% of the equity interest in Nanjing Rongke Business
Consulting Service Co., Ltd. (the “ WFOE” or “ Nanjing Rongke”), a wholly-owned PRC subsidiary of Oriental Culture
HK. The WFOE entered into a series of agreements with Jiangsu Yanggu Culture Development Co., Ltd. (“ Jiangsu Yanggu”) and
Jiangsu Yanggu’s shareholders, through which we effectively control and derive all of the economic interest and benefits from Jiangsu
Yanggu.

On November 22, 2013, China International Assets
and Equity of Artworks Exchange Limited (the “ International Exchange”) was incorporated under Hong Kong law. International
Exchange provides an online platform to facilitate collectible and artwork trading e-commerce and became our subsidiary as a result of
the reorganization of the common control of Oriental Culture and International Exchange.

Jiangsu Yanggu Culture Development Co., Ltd