HONG KONG, Nov. 03, 2026 (GLOBE NEWSWIRE) — O ie tal Cultu e Holdi g LTD. (“OCG” o the “Compa y”) (NASDAQ: OCG), a p ovide of suppo ti g se vices fo thi d pa ty a t a d collectible t adi g platfo ms a d o li e se vices fo collectibles a d a two k e-comme ce, today a ou ced its u audited fi a cial esults fo the six mo ths e ded Ju e 30, 2026.
Total eve ues we e app oximately $1.0 millio fo the six mo ths e ded Ju e 30, 2026, compa ed with the total eve ues of app oximately $0.1 millio fo the six mo ths e ded Ju e 30, 2025.G oss p ofit was app oximately $1 millio fo the six mo ths e ded Ju e 30, 2026, compa ed with app oximately g oss p ofit of $0.1 millio fo the six mo ths e ded Ju e 30, 2025.G oss ma gi was 99.3% fo the six mo ths e ded Ju e 30, 2026, compa ed with a g oss ma gi of 85.4% fo the six mo ths e ded Ju e 30, 2025.I come f om ope atio s was $9,433 fo the six mo ths e ded Ju e 30, 2026, compa ed with loss f om ope atio s of app oximately $4.5 millio fo the six mo ths e ded Ju e 30, 2025.Net i come was app oximately $0.9 millio fo the six mo ths e ded Ju e 30, 2026, compa ed with et loss of app oximately $3.8 millio fo the six mo ths e ded Ju e 30, 2025.Basic a d diluted i come pe sha e was $0.52 a d $0.51 fo the six mo ths e ded Ju e 30, 2026, compa ed with loss pe sha e of $127.11 fo the six mo ths e ded Ju e 30, 2025.
O Ja ua y 16, 2026, pu sua t to the sha e co solidatio autho izatio app oved by sha eholde s at the Novembe 28, 2025 ext ao di a y ge e al meeti g, the Compa y completed a 1-fo -220 sha e co solidatio of its o di a y sha es. Upo effective ess, the pa value pe o di a y sha e i c eased f om $0.00025 to $0.055.
O Ma ch 20, 2026, at the Compa y’s ext ao di a y ge e al meeti g, sha eholde s app oved a i c ease to the Compa y’s autho ized sha e capital. The autho ized sha e capital was i c eased f om $500,000 to $5,505,000 th ough the c eatio of a additio al 91,000,000 o di a y sha es with a pa value of $0.055 each. Followi g this i c ease, the Compa y’s autho ized sha e capital co sisted of 100,000,000 o di a y sha es with a pa value of $0.055 pe sha e a d 100,000,000 p efe ed sha es with a pa value of $0.00005 pe sha e.
O Ap il 20, 2026, the Compa y e te ed i to a Subsc iptio Ag eeme t (the “Ag eeme t”) with Jade Cove, L.P., a Cayma Isla ds exempted limited pa t e ship (“Jade Cove”). Jade Cove makes di ect a d i di ect i vestme ts i i te et tech ology compa ies i the fields of comme ce, co te t a d e te tai me t. Pu sua t to the Ag eeme t, the Compa y had made the subsc iptio payme t i a agg egate amou t of US$10,000,000 (the “Subsc iptio Amou t”) to acqui e 66.67% i te est i Jade Cove by Ap il 22, 2026 a d has become a limited pa t e of Jade Cove a d is bou d by the pa t e ship ag eeme t.
O Ap il 27, 2026, the Compa y completed a fu the 1-fo -3 sha e co solidatio of its o di a y sha es, affecti g both issued a d autho ized but u issued o di a y sha es. This sha e co solidatio was effected u de the two-yea sha e-co solidatio autho ity g a ted by the Novembe 28, 2025 ext ao di a y ge e al meeti g of sha eholde s. The pa value pe o di a y sha e was i c eased to $0.165.
O May 29, 2026, the Compa y filed a Fo m F-3 shelf egist atio stateme t with the SEC to eplace its p io shelf egist atio . The Fo m F-3 allows the Compa y to offe a d sell f om time-to-time o di a y sha es, p efe ed sha es, wa a ts, subsc iptio ights a d u its with a agg egate offe i g amou t of up to $260,000,000, i cludi g $167,076,192 of u used capacity ca ied ove f om the fo me shelf. As of the epo ti g date, o secu ities have bee issued u de this Fo m F-3. Net p oceeds f om a y futu e offe i gs will be used fo busi ess developme t, wo ki g capital a d ge e al co po ate pu poses, a d may be deployed fo pote tial acquisitio s, subject to the te ms of applicable p ospectus suppleme ts.
I July 2026, the Compa y a ou ced that its Boa d of Di ecto s has app oved a st ategic t a sitio of its mai busi ess f om o li e p ovide of collectibles a d a two k e-comme ce se vices to the suppo ti g se vices fo thi d pa ty a t a d collectible platfo ms. I espo se to ece t developme t i a t a d collectible t adi g i dust y i Chi a, the Compa y has ca efully eviewed its ove all busi ess developme t st ategy a d pla s to fu the develop a d expa d its suppo ti g se vices fo the a t a d collectible t adi g platfo m to t a sitio its mai busi ess towa ds suppo ti g se vice-o ie ted busi ess fo thi d pa ty t adi g platfo ms.
Th ough its wholly ow ed ope ati g subsidia ies i Chi a, the Compa y will develop th ee co e busi ess st eams: (i) tech ology suppo t se vices, (ii) cultu al a d a t p oducts wa ehousi g a d custodia ship se vices, a d (iii) eal estate ope atio s, while co ti ue to expa d its a cilla y se vices elated to a t app aisal a d g adi g. Amo g these, the tech ology suppo t se vices a d cultu al a t wa ehousi g a d custodia ship segme ts a e built upo the Compa y’s existi g lo g-te m coope ative elatio ship i the i dust y, which have bee ge e ati g stable a d ecu i g cash flows fo the Compa y. Leve agi g its expe ie ce i t adi g platfo m developme t, ope atio a d mai te a ce, a d p ofessio al cultu al a t wa ehousi g a d logistics, the Compa y believes it will be able to p ovide thi d pa ty t adi g platfo ms, shoppi g malls, a d othe i stitutio al clie ts with sta da dized, fully i teg ated suppo ti g se vices—cove i g platfo m developme t, day-to-day ope atio s, a d a t wa ehousi g a d custodia ship—to establish a solid eve ue backbo e fo the Compa y. The eal estate ope atio s will be mai ly co ducted th ough leasi g out ou self-ow ed p ope ties to thi d pa ties to delive suppleme ta y eve ue to the Compa y.
O July 27, 2026, the Compa y e te ed i to a Sha e T a sfe Ag eeme t (the “Ag eeme t”) with Sp i g Ha vest Holdi gs Ltd., a B itish Vi gi Isla ds compa y a d u elated thi d pa ty (“Sp i g Ha vest”). Pu sua t to the Ag eeme t, the Compa y ag eed to t a sfe 100% equity i te est of Chi a I te atio al Assets Equity of A two ks Excha ge Limited (the “I te atio al Excha ge”), a wholly ow ed subsidia y of the Compa y, to Sp i g Ha vest fo a cash co side atio of HK$1,000,000. Followi g the completio of the sha e t a sfe o August 5, 2026, the Compa y will fully divest its excha ge ope ati g busi ess, a d I te atio al Excha ge will o lo ge be i cluded i the Compa y’s co solidated fi a cial stateme ts. The disposal of the equity i te est of I te atio al Excha ge is a sig ifica t step i impleme ti g the Compa y’s ew developme t st ategy a d eallocati g esou ces to focus o its suppo ti g se vice busi ess.
O August 4,2026 (the “G a t Date”), the Compe satio Committee (“Committee”) of the Boa d of Di ecto s (the “Boa d”) of Compa y g a ted stock awa ds of1,000,000 o di a y sha es of the Compa y, pa value $0.165 (the “O di a y Sha es”), pu sua t to the Compa y’s 2026 Om ibus Equity Pla , to ce tai office s a d employees of the Compa y a d its subsidia ies (the “G a tees”), i cludi g: 200,000 O di a y Sha es to Yi Shao, Chief Executive Office of the Compa y a d 200,000 O di a y Sha es to Lijua Di g, Chief Fi a cial Office of the Compa y (collectively, the “G a ts”). The G a ts vested immediately o the G a t Date a d each of the G a tees also e te ed i to a U est icted Stock Awa d Ag eeme t with the Compa y o August 4, 2026.
The Compa y typically fi a ced its ope atio s th ough i te ally ge e ated cash f om its busi ess ope atio s a d equity o debt fi a ci g. As of Ju e 30, 2026, the Compa y had app oximately $60.2 millio i cash a d the Compa y’s wo ki g capital was app oximately $65.0 millio at Ju e 30, 2026.
If the Compa y is u able to ealize its assets withi the o mal ope ati g cycle of a 12-mo th pe iod, the Compa y may have to co side suppleme ti g its available sou ces of fu ds th ough the followi g sou ces:
- othe available sou ces of equity o debt fi a ci g f om fi a cial i stitutio s o i vesto s; a d
- fi a cial suppo t f om ou elated pa ties a d sha eholde s.
Based o the above co side atio s, the Compa y’s ma ageme t believes that it has sufficie t fu ds to meet its wo ki g capital equi eme ts a d debt obligatio s as they become due ove the ext 12 mo ths.
The tables i the followi g discussio summa ize ou u audited i te im co de sed co solidated stateme ts of ope atio s a d comp ehe sive loss fo the pe iods i dicated. The ope ati g esults i a y pe iod a e ot ecessa ily of the esults that may be expected fo a y futu e pe iod.
| Net eve ues | $ | 1,011,832 | $ | 141,374 | $ | 870,458 | 615.7 | % | Cost of eve ues | (7,193 | ) | (20,696 | ) | 13,503 | (65.2 | )% | G oss p ofit | 1,004,639 | 120,678 | 883,961 | 732.5 | % | Ope ati g expe ses | (995,206 | ) | (4,635,712 | ) | 3,640,506 | (78.5 | )% | I come (loss) f om ope atio s | 9,433 | (4,515,034 | ) | 4,524,467 | (100.2 | )% | Othe i come, et | 923,103 | 690,693 | 232,410 | 33.6 | % | I come (loss) befo e i come taxes | 932,536 | (3,824,341 | ) | 4,756,877 | (124.4 | )% | P ovisio fo i come taxes | (12,443 | ) | – | (12,443 | ) | NA | Net i come (loss) | 920,093 | (3,824,341 | ) | 4,744,434 | (124.1 | )% | Fo eig cu e cy t a slatio adjustme t | 1,117,053 | 130,857 | 986,196 | 753.6 | % | Comp ehe sive i come (loss) | $ | 2,037,146 | $ | (3,693,484 | ) | 5,730,630 | (155.2 | )% | Weighted ave age umbe of o di a y sha es | Basic | 1,779,113 | 30,088 | Diluted | 1,788,204 | 30,088 | Ea i gs (loss) pe sha e | Basic | $ | 0.52 | $ | (127.11 | ) | Diluted | $ | 0.51 | $ | (127.11 | ) |
The followi g table sets fo th the p i cipal compo e ts of ou et eve ues by amou ts a d pe ce tages of ou et eve ues fo the pe iods i dicated:
| Listi g se vices fees(1) | $ | 17 | 0.0 | % | $ | 661 | 0.5 | % | $ | (644 | ) | (97.4 | )% | T a sactio fees(2) | 70,542 | 7.0 | % | 62,912 | 44.5 | % | 7,630 | 12.1 | % | System Mai te a ce a d Tech ical Suppo t Se vice Fees (3) | 147,808 | 14.6 | % | 77,801 | 55.0 | % | 70,007 | 90.0 | % | Accou t Ma ageme t Fee(4) | 507,883 | 50.2 | % | – | – | 507,883 | NA | Wa ehousi g Se vice Fee (5) | 285,582 | 28.2 | % | – | – | 285,582 | NA | Total ope ati g eve ues | $ | 1,011,832 | 100.0 | % | $ | 141,374 | 100.0 | % | $ | 870,458 | 615.7 | % |
(1) Listi g se vice fees: Ou pe fo ma ce obligatio is to p ovide listi gs o ou platfo m. Listi g se vice fees a e calculated based o a pe ce tage of the listi g value of collectibles, a two k a d commodities. Listi g value is the total offe i g p ice of the collectible, a two k a d commodities whe the ow e ship of the u its is i itially listed o ou t adi g platfo ms. We utilize a app aised value as a basis to dete mi e the app op iate listi g value fo each collectible, a two k o commodities, o po tfolio of collectibles, a two k o commodities. We ecog ize the elated eve ue upo ou completio of ou pe fo ma ce obligatio to the custome a d its item is successfully listed fo t adi g o ou platfo ms.
Total listi g se vice fees dec eased by $644 o 97.4% f om $661 fo the six mo ths e ded Ju e 30, 2025 to $17 fo the same pe iod i 2026. Ou listi g se vice fees a e calculated based o a pe ce tage of the listi g value of collectibles, a two k a d commodities of ew p oducts. The mai easo fo the decli e i the listi g value of ew p oducts was the dec ease i the umbe of ew p oducts; this dec ease i umbe was att ibutable to the slowdow i the i dust y a d tough ma ket e vi o me t.
(2) T a sactio fee eve ue: T a sactio fee eve ue is ge e ally calculated based o the t a sactio value of collectibles, a two k o commodities pe t a sactio fo ou se vices to facilitate the t adi g t a sactio s. T a sactio value is the dolla amou t of the pu chase a d sale of the collectibles, a two k o commodities afte it is listed o ou platfo m.
Total t a sactio fee eve ue i c eased by $7,630 o 12.1% f om $62,912 fo the six mo ths e ded Ju e 30, 2025 to $70,542 fo the same pe iod i 2026. The slight i c ease was mai ly due to o mal ma ket fluctuatio s, with t adi g volume slightly i c eased.
(3) System Mai te a ce a d Tech ical Suppo t Se vice Fees: System mai te a ce a d tech ical suppo t se vices mai ly i clude the developme t, ite atio a d daily ope atio a d mai te a ce of i fo matio systems based o custome s’ busi ess eeds to e su e stable system ope atio ; p ovide full-p ocess tech ical suppo t fo custome s’ ope atio platfo ms, optimize use expe ie ce, coo di ate fu ctio lau ches a d co duct data statistical a alysis; offe IT i f ast uctu e se vices such as se ve ma ageme t, etwo k secu ity, system mo ito i g a d disaste ecove y desig ; assist custome s i data clea si g, i teg atio , a alysis a d visualizatio to suppo t data-d ive busi ess decisio s; a d p ovide custome se vices i cludi g co sultatio , issue espo se a d complai t ha dli g. Se vice fees a e mai ly fixed mo thly cha ges, a d the elated eve ue is ecog ized eve ly o a st aight-li e basis ove the se vice pe iod.
System mai te a ce a d tech ical suppo t se vices i c eased by $70,007 o 90% f om $77,801 fo the six mo ths e ded Ju e 30, 2025 to $147,808 fo the same pe iod i 2026. The i c ease was mai ly due to the se vice fee ates have bee i c eased du i g the six mo ths e ded Ju e 30, 2026 compa i g to the same pe iod of 2025.
(4) Accou t Ma ageme t Fees: Accou t ma ageme t fees a e cha ged as a fixed mo thly fee pe custome accou t fo p ovidi g co ti uous accou t mai te a ce a d ma ageme t se vices. The t a sactio p ice is a fixed mo thly amou t pe accou t as stipulated i the custome ag eeme t, with o va iable co side atio . Accou t ma ageme t fee eve ue is ecog ized ove time o a st aight-li e mo thly basis as the pe fo ma ce obligatio is satisfied.
Accou t ma ageme t fees we e $507,883 fo the six mo ths e ded Ju e 30, 2026. We sta ted to cha ge a ew mo thly accou t ma ageme t fee fo ou custome s that have accou ts with us si ce Octobe 1, 2025. As the ewly added eve ue de ived f om the Compa y’s existi g custome s, it eflects the Compa y’s ability to dive sify its eve ue mix a d e ha ce sustai able p ofitability while fu the tappi g i to the value of its existi g custome base.
(5) Wa ehousi g Se vice Fee: Wa ehousi g se vice fees a e cha ged fo p ovidi g p ofessio al sto age a d p ese vatio se vices fo custome s’ collectibles listed o the platfo m. The fee is calculated daily based o the listed efe e ce p ice of the collectible, a fixed daily ate, a d the qua tity of collectibles held by the custome . Wa ehousi g se vice fee eve ue is ecog ized ove time o a daily basis as the pe fo ma ce obligatio is satisfied, as the custome eceives a d co sumes the be efits of the wa ehousi g se vices simulta eously as the Compa y pe fo ms them.
Wa ehousi g se vice fees amou ted to $285,582 fo the six mo ths e ded Ju e 30, 2026. We sta ted to cha ge a ew daily wa ehousi g se vice fee fo custome s that use ou wa ehouse se vices si ce Octobe 1, 2025, ep ese ti g a ew eve ue st eam ge e ated f om the Compa y’s existi g custome base.
Cost of Reve ues
Cost of eve ues dec eased by $13,503 o 65.2% f om $20,696 fo the six mo ths e ded Ju e 30, 2025 to $7,193 fo the same pe iod i 2026. The dec ease p ima ily att ibutable to the optimizatio of pe so el costs a d system expe ses. Reve ue fo the six mo ths e ded Ju e 30, 2026 was p ima ily ge e ated f om the expa sio of existi g busi esses, which do ot equi e sig ifica t labo costs o system ope atio a d mai te a ce i vestme t, esulti g i a substa tial eductio i ove all costs.
G oss P ofit
G oss p ofit i c eased by $883,961 f om $120,678 fo the six mo ths e ded Ju e 30, 2025 to $1,004,639 fo the six mo ths e ded Ju e 30, 2026. G oss ma gi i c eased by 13.9% to app oximately 99.3% du i g the six mo ths e ded Ju e 30, 2026 f om app oximately 85.4% du i g the same pe iod of 2025. The i c ease i g oss p ofit was mai ly att ibutable to the i c ease i eve ue f om accou ts ma ageme t fee a d wa ehousi g se vice fee. Reve ue fo the six mo ths e ded Ju e 30, 2026 was p ima ily de ived f om the expa sio of existi g busi esses with lowe labo a d system mai te a ce costs, leadi g to imp oved g oss ma gi .
Ope ati g Expe ses
The followi g table sets fo th ou ope ati g expe ses by amou ts a d pe ce tages fo the pe iods i dicated:
| Selli g a d ma keti g | $ | (2,469 | ) | 0.2 | % | $ | (2,458 | ) | 0.1 | % | $ | (11 | ) | 0.4 | % | Ge e al a d admi ist ative | (992,737 | ) | 99.8 | % | (843,254 | ) | 18.2 | % | (149,483 | ) | 17.7 | % | Stock compe satio expe ses | – | – | (3,790,000 | ) | 81.7 | % | 3,790,000 | (100.0 | )% | Total ope ati g expe ses | $ | (995,206 | ) | 100.0 | % | $ | (4,635,712 | ) | 100.0 | % | $ | 3,640,506 | (78.5 | )% |
Selli g a d Ma keti g Expe ses
Selli g a d ma keti g expe ses co sist p ima ily of commissio s a d pay oll a d be efits fo employees i volved i the sales team. Selli g expe ses i c eased by $11, o 0.4%, f om app oximately $2,458 fo the six mo ths e ded Ju e 30, 2025 to $2,469 fo the same pe iod i 2026. Selli g expe ses we e substa tially co siste t with the p io -yea pe iod.
Ge e al a d Admi ist ative Expe ses
Ge e al a d admi ist ative expe ses (“G&A expe ses”) co sist p ima ily of pay oll a d elated costs fo employees i volved i ge e al co po ate fu ctio s, i cludi g accou ti g, fi a ce, tax, legal a d huma esou ces, p ofessio al fees a d othe ge e al co po ate expe ses as well as costs associated with the use by these fu ctio s of facilities a d equipme t, such as dep eciatio a d e tal expe ses. Ou G&A expe ses i c eased by $149,483, o 17.7% f om $843,254 fo the six mo ths e ded Ju e 30, 2025 to $992,737 fo the same pe iod i 2026. The i c ease was p ima ily due to the expe ses such as legal fees, audit fees, a d age cy se vice fees i c eased.
Stock Compe satio Expe ses
Ou stock compe satio expe se was il a d $3,790,000 fo the six mo ths e ded Ju e 30, 2026 a d 2025, espectively. I Ja ua y 2025, the Compa y issued 12 millio p efe ed sha es to its Chief Ope ati g Office , with a g a t-date fai value of $1.75 millio . I Ap il 2025, the Compa y g a ted 500,000 o di a y sha es (befo e the 1 fo 220 eve se split effected i Ja ua y 2026) u de the 2021 Om ibus Equity Pla , esulti g i stock-based compe satio expe se of $2.04 millio . These two equity i ce tives togethe esulted i expe ses of $3.79 millio .
Othe I come
Othe i come was as follows:
| Gai f om sho t-te m i vestme t | $ | 565,308 | 61.2 | % | $ | 125,478 | 18.2 | % | $ | 439,830 | 350.5 | % | Loss o limited pa t e ship i vestme ts | (139,225 | ) | (15.1 | )% | – | – | (139,225 | ) | NA | I te est i come | 450,997 | 48.9 | % | 302,050 | 43.7 | % | 148,947 | 49.3 | % | Net e tal i come | 63,906 | 6.9 | % | 190,581 | 27.6 | % | (126,675 | ) | (66.5 | )% | Othe i come, et | (17,883 | ) | (1.9 | )% | 72,584 | 10.5 | % | (90,467 | ) | (124.6 | )% | Total othe i come, et | $ | 923,103 | 100.0 | % | $ | 690,693 | 100.0 | % | $ | 232,410 | 33.6 | % |
Total othe i come i c eased by $232,410, o 33.6%, f om $690,693 fo the six mo ths e ded Ju e 30, 2025 to $923,103 fo the same pe iod i 2026. The i c ease of $439,830 was due to the i c ease i gai s f om p ivate secu ities fu ds of $255,543 a d ba k wealth ma ageme t p oducts of $184,287 fo the six mo ths e ded Ju e 30, 2026. The i c ease of $148,947 i i te est i come was p ima ily due to highe cash bala ces i the Compa y’s ba k accou ts, d ive by the issua ce of o di a y sha es th ough the ATM P og am. The dec ease of $139,225 i loss o limited pa t e ship i vestme ts was p ima ily due to the Compa y’s subsc iptio fo a limited pa t e i te est i Jade Cove, L.P. i Ap il 2026. Jade Cove, L.P. is a p ivate limited pa t e ship fo med to co duct i vestme t activities. The dec ease of $126,675 i et e tal i come was p ima ily due to a decli e i e tal p ice. Othe i come, et dec eased by $90,467, p ima ily due to eve ue ecog ized by O ie tal Cultu e WFOE i co ectio with Baijiu sales i the six mo ths e ded Ju e 30, 2025, as o such eve ue was ecog ized i the fi st half of 2026.
P ovisio fo I come Taxes
Ou p ovisio fo i come taxes amou ted to $12,443 a d il fo the six mo ths e ded Ju e 30, 2026 a d 2025, espectively. The i come tax expe se fo the six mo ths e ded Ju e 30, 2026 was att ibutable to Na ji g Ya yu I fo matio Tech ology Co., Ltd. (“Na ji g Ya yu”) a d Kashi Do gfa g Ca gpi Cultu e Developme t Co., Ltd. (“Kashi Do gfa g”), while the othe subsidia ies i cu ed o i come tax expe se as thei cu e t-pe iod taxable i come was fully offset by utilizatio of p io -yea tax losses a d they also be efit f om the tax exemptio applicable to divide ds dist ibuted betwee qualified eside t e te p ises. We also have p ovided 100% allowa ce o et ope ati g losses f om ou subsidia ies which i cu ed losses.
Net I come (Loss) Ou et i come i c eased by app oximately $4.7 millio , o 124.1%, f om loss of $3.8 millio fo the six mo ths e ded Ju e 30, 2025 to i come of app oximately $0.9 millio fo the same pe iod i 2026. Such cha ge was the esult of the combi atio of the cha ges as discussed above.
Fo eig Cu e cy T a slatio Adjustme t
Cha ges i fo eig cu e cy t a slatio adjustme t a e mai ly due to the fluctuatio of fo eig excha ge ates betwee RMB/HKD (the fu ctio al cu e cy of ou ope ati g e tities) a d the USD dolla ( epo ti g cu e cy). Fo eig cu e cy t a slatio adjustme t was $1,117,053 a d $130,857 fo the six mo ths e ded Ju e 30, 2026 a d 2025, espectively. The RMB ose agai st the US dolla , with the excha ge ate movi g f om $1 fo RMB 7.0288 o Decembe 31, 2025 to $1 to RMB 6.8109 o Ju e 30, 2026, a d f om $1 to RMB 7.1884 o Decembe 31, 2024 to $1 to RMB 7.1586 o Ju e 30, 2025.
Basic a d diluted i come (loss) pe sha e
Basic a d diluted i come pe sha e we e $0.52 a d $0.51 fo the six mo ths e ded Ju e 30, 2026. Basic a d diluted loss pe sha e was $127.1 fo the six mo ths e ded Ju e 30, 2025. Due to et loss i the fi st half of 2025, the basic a d diluted sha es a e co side ed the same.
OCG is a o li e p ovide of collectibles a d a two k e-comme ce se vices, which allows collecto s, a tists, a t deale s a d ow e s to access a a t t adi g ma ket with a wide a ge of collectibles a d a two k i vesto s. Th ough its subsidia ies i Ho g Ko g, the Compa y p ovides t adi g facilitatio fo i dividual a d i stitutio al custome s of all ki ds of collectibles, a two k a d ce tai commodities o its o li e platfo m, a d o li e a d offli e i teg ated ma keti g, sto age a d tech ical mai te a ce se vices to custome s i Chi a. Fo mo e i fo matio about the Compa y, please visit: www.ocg oup.hk.
This p ess elease co tai s fo wa d-looki g stateme ts as defi ed by the P ivate Secu ities Litigatio Refo m Act of 1995. Fo wa d-looki g stateme ts i clude stateme ts co ce i g pla s, objectives, goals, st ategies, futu e eve ts o pe fo ma ce, a d u de lyi g assumptio s a d othe stateme ts that a e othe tha stateme ts of histo ical facts. Whe the Compa y uses wo ds such as “may, “will, “i te d,” “should,” “believe,” “expect,” “a ticipate,” “p oject,” “estimate” o simila exp essio s that do ot elate solely to histo ical matte s, it is maki g fo wa d-looki g stateme ts. Fo wa d-looki g stateme ts a e ot gua a tees of futu e pe fo ma ce a d i volve isks a d u ce tai ties that may cause the actual esults to diffe mate ially f om the Compa y’s expectatio s discussed i the fo wa d-looki g stateme ts. These stateme ts a e subject to u ce tai ties a d isks i cludi g, but ot limited to, the followi g: the Compa y’s goals a d st ategies; the Compa y’s futu e busi ess developme t; fi a cial co ditio a d esults of ope atio s; p oduct a d se vice dema d a d accepta ce; eputatio a d b a d; the impact of competitio a d p ici g; cha ges i tech ology; gove me t egulatio s; fluctuatio s i ge e al eco omic a d busi ess co ditio s i Chi a a d assumptio s u de lyi g o elated to a y of the fo egoi g a d othe isks co tai ed i epo ts filed by the Compa y with the SEC. Fo these easo s, amo g othe s, i vesto s a e cautio ed ot to place u due elia ce upo a y fo wa d-looki g stateme ts i this p ess elease. Additio al facto s a e discussed i the Compa y’s fili gs with the SEC, which a e available fo eview at www.sec.gov. The Compa y u de takes o obligatio to publicly evise these fo wa d-looki g stateme ts to eflect eve ts o ci cumsta ces that a ise afte the date he eof.
Fo fu the i fo matio , please co tact:
Compa y Co tact.IR Depa tme tEmail: IR@ocg oup.hkPho e: +852-3579-5532
| Cash a d cash equivale ts | $ | 60,186,550 | $ | 32,323,209 | Rest icted cash | – | – | Sho t-te m i vestme ts | 3,271,343 | 3,015,800 | Accou ts eceivable, et | – | 56,909 | I ve to y | 585,670 | 567,513 | Othe eceivables a d p epaid expe ses | 254,064 | 622,074 | Othe eceivable – elated pa ty | 2,576,752 | 20,360,293 | Lo g-te m i vestme ts | 10,814,371 | 924,034 | I ta gible assets, et | – | 6,208 | Defe ed tax assets, et | 142,606 | 138,185 | Accou ts payable | $ | 1,002,500 | $ | 1,028,330 | Accou ts payable – elated pa ties | 388,935 | 296,672 | Defe ed eve ue | 3,964 | 3,841 | Othe payables a d acc ued liabilities | 403,097 | 500,377 | Taxes payable | 69,601 | 59,998 | – | – | P efe ed sha es, $0.00005 pa value, 100,000,000 sha es autho ized, 12,000,000 sha es issued a d outsta di g as of Ju e 30, 2026 a d Decembe 31, 2025, espectively | 600 | 600 | O di a y sha es, $0.165 pa value, 33,333,333 a d 424,242 sha es autho ized, 1,941,225 a d 35,085 sha es issued, 1,938,312 a d 32,172 sha es outsta di g as of Ju e 30, 2026 a d Decembe 31, 2025, espectively | 320,302 | 25,054 | T easu y sha es, at cost, 2,913 sha es issued as of Ju e 30, 2026 a d Decembe 31, 2025, espectively | (481 | ) | (481 | ) | Additio al paid-i capital | 65,961,282 | 47,537,432 | Statuto y ese ves | 178,303 | 178,303 | Retai ed ea i gs | 18,471,800 | 18,371,787 | Accumulated othe comp ehe sive loss | (356,959 | ) | (1,474,013 | ) |
The accompa yi g otes a e a i teg al pa t of these u audited co de sed co solidated fi a cial stateme ts.
| Net eve ues | $ | 1,011,832 | $ | 141,374 | (7,193 | ) | (20,696 | ) | Selli g a d ma keti g | (2,469 | ) | (2,458 | ) | Ge e al a d admi ist ative | (992,737 | ) | (843,254 | ) | Stock compe satio expe ses | – | (3,790,000 | ) | I te est a d i vestme t i come | 877,080 | 427,528 | Othe i come, et | 46,023 | 263,165 | (12,443 | ) | – | Fo eig cu e cy t a slatio adjustme t | 1,117,053 | 130,857 | Basic | 1,779,113 | 30,088 | Diluted | 1,788,204 | 30,088 | Basic | $ | 0.52 | $ | (127.11 | ) | Diluted | 0.51 | (127.11 | ) |
The accompa yi g otes a e a i teg al pa t of these u audited co de sed co solidated fi a cial stateme ts.
