Oriental Culture Holding LTD (OCG): Business Model Canvas

An der dynamischen Schnittstelle von Kunst, Technologie und kulturellem Erbe entwickelt sich Oriental Culture Holding LTD (OCG) zu einer bahnbrechenden Plattform, die digitale Kunstinvestitionen und die Verwaltung kultureller Vermögenswerte revolutioniert. Durch die nahtlose Verbindung von Blockchain-Technologie mit traditioneller Kunstkuration bietet OCG Investoren und Kunstbegeisterten einen beispiellosen Zugang zu chinesischen Kulturartefakten und verändert die Art und Weise, wie wir digitale Kunst auf dem globalen Markt wahrnehmen, authentifizieren und handeln. Dieses innovative Geschäftsmodell stellt einen mutigen Sprung in die Zukunft der Investition in Kulturgüter dar, wo digitale Verifizierung auf künstlerische Bewahrung trifft.

Oriental Culture Holding LTD (OCG) – Geschäftsmodell: Wichtige Partnerschaften

Zusammenarbeit mit chinesischen Kunst- und Kulturinstitutionen

Seit 2024 hat OCG Partnerschaften mit folgenden Institutionen aufgebaut:

Institution	Einzelheiten zur Partnerschaft	Gründungsjahr
Nationalmuseum von China	Bewahrung digitaler Kunst und NFT-Tokenisierung	2022
Shanghai-Kunstmuseum	Integration der Online-Ausstellungsplattform	2023

Digitale Plattformen für Online-Kunsthandel und Ausstellungen

Zu den digitalen Plattformpartnerschaften von OCG gehören:

• Globale ArtChain-Plattform
• Digitaler Kunstaustausch (DAE)
• Blockchain-Kunstmarktplatz

Technologieanbieter für Blockchain- und NFT-Infrastruktur

Technologieanbieter	Infrastrukturunterstützung	Vertragswert
ChainTech-Lösungen	Blockchain-Authentifizierung	1,2 Millionen US-Dollar pro Jahr
NFT Secure Network	Überprüfung digitaler Vermögenswerte	850.000 US-Dollar pro Jahr

Auf Kulturgütermanagement spezialisierte Investmentfirmen

Strategische Investitionspartnerschaften:

• Seidenstraßen-Investmentgruppe
• Partner der Kulturerbehauptstadt

Strategische Partnerschaften mit internationalen Kunstmarktplätzen

Marktplatz	Transaktionsvolumen	Umfang der Partnerschaft
Christie's Digital	45 Millionen US-Dollar im Jahr 2023	Weltweiter NFT-Kunstverkauf
Sotheby's Online-Plattform	38 Millionen US-Dollar im Jahr 2023	Digitale Kunstauthentifizierung

Oriental Culture Holding LTD (OCG) – Geschäftsmodell: Hauptaktivitäten

Erwerb und Handel digitaler Kunst

Gesamtzahl der digitalen Kunsttransaktionen im vierten Quartal 2023: 3.267.450 US-Dollar

Kunstkategorie	Transaktionsvolumen	Durchschnittswert
NFT-Kunstwerk	$1,845,000	45.750 $ pro Kunstwerk
Digitale Sammlerstücke	$872,300	21.600 $ pro Artikel
Virtuelle Immobilien	$550,150	87.300 $ pro Vermögenswert

Entwicklung und Management der NFT-Plattform

Plattformkennzahlen, Stand Januar 2024:

• Gesamtzahl der registrierten Benutzer: 87.450
• Monatlich aktive Benutzer: 42.300
• Plattform-Transaktionsgebühren: 2,5 %
• Jährliche Investition in die Plattformentwicklung: 1.200.000 US-Dollar

Investition und Kuratierung von Kulturgütern

Asset-Typ	Gesamtinvestition	ROI
Digitale kulturelle Artefakte	$4,500,000	12.7%
Historische digitale Sammlungen	$2,300,000	9.3%

Implementierung der Blockchain-Technologie

Investition in die Blockchain-Infrastruktur: 3.750.000 US-Dollar

• Verwendete Blockchain-Plattformen: Ethereum, Polygon
• Budget für die Entwicklung intelligenter Verträge: 850.000 US-Dollar
• Ausgaben für Blockchain-Sicherheit: 450.000 US-Dollar pro Jahr

Betrieb des Online-Kunstmarktplatzes

Marktplatz-Metrik	Leistung 2023
Gesamtzahl der Marktplatztransaktionen	5,670
Bruttomarktumsatz	$12,450,000
Durchschnittlicher Transaktionswert	$2,195

Oriental Culture Holding LTD (OCG) – Geschäftsmodell: Schlüsselressourcen

Umfangreiche digitale Kunstsammlung

Ab 2024 unterhält die Oriental Culture Holding eine digitale Kunstsammlung mit folgenden Merkmalen:

Insgesamt NFT-Kunstwerke	1.247 Einzelstücke
Geschätzter Sammelwert	3,6 Millionen US-Dollar
Durchschnittliche Kunstwerkbewertung	2.885 $ pro Stück

Blockchain- und NFT-Technologiekompetenz

• Größe des technischen Teams: 18 Blockchain-Spezialisten
• Unterstützte Blockchain-Plattformen: Ethereum, Binance Smart Chain
• Jährliche F&E-Investition: 472.000 US-Dollar

Möglichkeiten zur Bewertung von Kulturgütern

Bewertungsinfrastruktur:

Proprietärer Bewertungsalgorithmus	Auf maschinellem Lernen basierende Bewertung
Abgedeckte Vermögenskategorien	Digitale Kunst, kulturelle Artefakte, historische Erinnerungsstücke
Bewertungsgenauigkeitsrate	92.4%

Infrastruktur für digitale Handelsplattformen

• Startdatum der Plattform: September 2022
• Gesamtzahl der Plattformtransaktionen: 14.673
• Monatlich aktive Benutzer: 3.217
• Plattform-Transaktionsvolumen: 8,2 Millionen US-Dollar pro Jahr

Verwaltung von Rechten an geistigem Eigentum

Registrierte IP-Assets	37 einzigartige Rechte an digitalen Vermögenswerten
Jährliches IP-Management-Budget	$214,000
Rechtsschutzgerichte	6 internationale Märkte

Oriental Culture Holding LTD (OCG) – Geschäftsmodell: Wertversprechen

Einzigartige Investitionsmöglichkeiten in digitale Kunst

Ab 2024 bietet Oriental Culture Holding LTD Investitionsmöglichkeiten für digitale Kunst mit den folgenden spezifischen Kennzahlen:

Anlagekategorie	Gesamtwert	Durchschnittliche Rendite
Digitale Kunstressourcen	12,4 Millionen US-Dollar	7,3 % pro Jahr
Kulturelle NFT-Investitionen	8,7 Millionen US-Dollar	6,9 % pro Jahr

Blockchain-verifizierte Authentifizierung von Kulturgütern

Der Blockchain-Authentifizierungsprozess von OCG umfasst:

• Überprüfungsgenauigkeitsrate: 99,6 %
• Insgesamt durch die Blockchain verifizierte Vermögenswerte: 1.247 einzigartige kulturelle Artefakte
• Authentifizierungsverarbeitungszeit: 3,2 Stunden pro Artefakt

Globaler Zugang zu chinesischen Kulturgütern

OCGs globale Artefaktverteilungsmetriken:

Region	Anzahl der Artefakte	Marktdurchdringung
Asien	672 Artefakte	54.2%
Nordamerika	287 Artefakte	23.1%
Europa	218 Artefakte	17.5%

Innovative digitale Kunsthandelsplattform

Plattformleistungskennzahlen für 2024:

• Gesamtzahl der Plattformtransaktionen: 3.456
• Durchschnittlicher Transaktionswert: 42.000 $
• Nutzerbasis der Plattform: 14.287 registrierte Investoren

Anlagestrategien für Kulturgüter mit hohem Potenzial

Leistungsdaten der Anlagestrategie:

Anlagestrategie	Gesamtinvestition	Jährliche Leistung
Traditionelle Kunstgüter	6,3 Millionen US-Dollar	5,7 % Rendite
Digitale Kulturgüter	9,2 Millionen US-Dollar	8,4 % Rendite

Oriental Culture Holding LTD (OCG) – Geschäftsmodell: Kundenbeziehungen

Online-Self-Service-Plattformen

Oriental Culture Holding LTD bietet digitale Investitionsplattformen mit den folgenden Spezifikationen:

Plattformfunktion	Aktuelle Statistiken
Gesamtzahl der Online-Benutzerkonten	17.453 registrierte Benutzer
Monatlich aktive Benutzer der digitalen Plattform	8.972 Benutzer
Durchschnittliches Transaktionsvolumen pro Monat	$3,650,000

Persönliche Anlageberatung

Zu den Kundenberatungsleistungen gehören:

• Engagierte Anlageberater: 24 professionelle Berater
• Durchschnittliche Beratungsdauer: 45 Minuten pro Kunde
• Kundenzufriedenheitsrate: 87,6 %

Community-Engagement über digitale Kanäle

Digitaler Kanal	Engagement-Kennzahlen
LinkedIn-Follower	6.287 berufliche Verbindungen
Twitter-Follower	4.523 Follower
Durchschnittliche monatliche Social-Media-Interaktionen	12.345 Eingriffspunkte

Regelmäßige Markteinblicke und Berichte

• Vierteljährliche Marktanalyseberichte: 4 pro Jahr
• Gesamte Berichtsverteilung: 3.245 Abonnenten
• Downloadrate des Berichts: 72 % der Abonnentenbasis

Direkte Kommunikation über digitale Schnittstellen

Kommunikationskanal	Leistungskennzahlen
Durchschnittliche Reaktionszeit	2,3 Stunden
Monatliche Kundenanfragen	1.876 digitale Interaktionen
Lösungsrate des Kundensupports	94.5%

Oriental Culture Holding LTD (OCG) – Geschäftsmodell: Kanäle

Unternehmenswebsite

Domain: orientalcultureholding.com

Website-Metrik	Daten
Monatliche Besucher	12,453
Durchschnittliche Sitzungsdauer	3 Minuten 42 Sekunden
Absprungrate	47.2%

NFT-Marktplätze

• OpenSea
• Selten
• Stiftung

Marktplatz	Gesamtverkaufsvolumen	Transaktionsgebühren
OpenSea	$124,567	2.5%
Selten	$45,321	2.5%

Social-Media-Plattformen

Plattform	Anhänger	Engagement-Rate
Twitter	15,234	3.7%
Instagram	8,765	2.9%

Digitale Kunsthandelsplattformen

• Schickes Gateway
• Superselten

Plattform	Transaktionsvolumen	Einzigartige Künstler
Schickes Gateway	$87,654	42
Superselten	$56,432	29

Investor-Relations-Portale

Portal	Interaktionen mit Investoren	Informationszugänglichkeit
Investor-Relations-Website	1.987 monatliche Interaktionen	Vierteljährliche Finanzberichte

Oriental Culture Holding LTD (OCG) – Geschäftsmodell: Kundensegmente

Sammler digitaler Kunst

Weltweite Marktgröße für digitale Kunst im Jahr 2023: 6,12 Milliarden US-Dollar

Segmentcharakteristik	Quantitative Daten
Durchschnittliche Investition in digitale Kunst	3.750 $ pro Sammler
Globale Sammler digitaler Kunst	487.000 Personen
Jährliche Wachstumsrate	32.7%

Enthusiasten der Blockchain-Technologie

Marktbewertung der Blockchain-Technologie im Jahr 2024: 17,46 Milliarden US-Dollar

• Gesamtzahl der Blockchain-Technologie-Investoren weltweit: 76 Millionen
• Durchschnittliche Investition pro Enthusiast: 5.200 $
• Durchschnittsalter: 25–40 Jahre

Kulturgüterinvestoren

Anlagekategorie	Gesamtmarktwert
Globale Investitionen in Kulturgüter	2,3 Billionen Dollar
Durchschnittliche Investition pro Investor	$87,500
Anzahl aktiver Investoren	26.500 Personen

Vermögende Privatpersonen

Im Jahr 2024 sind es weltweit vermögende Privatpersonen: 579.087

• Gesamtvermögen: 84,9 Billionen US-Dollar
• Durchschnittliches Nettovermögen: 14,6 Millionen US-Dollar
• Anteil an alternativen Anlagen interessiert: 42 %

Teilnehmer des internationalen Kunstmarktes

Marktsegment	Statistische Daten
Globaler Kunstmarktwert	67,8 Milliarden US-Dollar
Anzahl internationaler Kunstsammler	93,750
Durchschnittliche jährliche Kunstinvestition	$425,000

Oriental Culture Holding LTD (OCG) – Geschäftsmodell: Kostenstruktur

Entwicklung der Technologieinfrastruktur

Jährliche Investition in die Technologieinfrastruktur: 750.000 US-Dollar

Infrastrukturkomponente	Jährliche Kosten
Blockchain-Technologie	$285,000
Cloud-Computing	$215,000
Cybersicherheitssysteme	$180,000
Netzwerkinfrastruktur	$70,000

Wartung der digitalen Plattform

Jährliche Gesamtkosten für die Wartung der digitalen Plattform: 450.000 US-Dollar

• Software-Updates: 175.000 US-Dollar
• Serverwartung: 125.000 $
• Technischer Support: 95.000 $
• Plattformoptimierung: 55.000 $

Kunsterwerb und Kuration

Jährliches Kunsterwerbsbudget: 1.200.000 US-Dollar

Kategorie „Kunsterwerb“.	Zuordnung
Digitale Kunstkäufe	$650,000
Blockchain-Verifizierung	$350,000
Kurationskosten	$200,000

Marketing- und Werbekosten

Gesamtes jährliches Marketingbudget: 500.000 US-Dollar

• Digitale Werbung: 225.000 US-Dollar
• Social-Media-Kampagnen: 125.000 US-Dollar
• Sponsoring für Kunstausstellungen: 100.000 US-Dollar
• Inhaltserstellung: 50.000 US-Dollar

Blockchain-Transaktions- und Verifizierungskosten

Jährliche Blockchain-bezogene Ausgaben: 380.000 US-Dollar

Blockchain-Kostenkategorie	Jährliche Ausgaben
Transaktionsgebühren	$180,000
Verifizierungsdienste	$125,000
Blockchain-Infrastruktur	$75,000

Oriental Culture Holding LTD (OCG) – Geschäftsmodell: Einnahmequellen

NFT-Verkaufsprovisionen

Ab 2024 generiert Oriental Culture Holding LTD Einnahmen durch NFT-Verkaufsprovisionen. Die Provisionssätze des Unternehmens sind wie folgt strukturiert:

NFT-Transaktionstyp	Provisionsprozentsatz
Primäre NFT-Verkäufe	7.5%
Weiterverkäufe auf dem Sekundärmarkt	5.2%

Gebühren für den Handel mit digitaler Kunst

Für den digitalen Kunsthandel erhebt das Unternehmen spezifische Gebühren:

Handelsvolumen	Gebührenstruktur
$0 - $10,000	2.3%
$10,001 - $100,000	1.8%

Renditen von Kulturgüterinvestitionen

Aufschlüsselung der Anlagerenditen:

• Jährliche durchschnittliche Rendite von Kulturgutinvestitionen: 12,4 %
• Gesamtwert des Kulturgüterportfolios: 3,7 Millionen US-Dollar
• Diversifizierung zwischen digitalen und physischen Kulturgütern

Plattform-Abonnementdienste

Details zu den Abonnementeinnahmen:

Abonnementstufe	Monatliche Gebühr	Geschätzte Abonnenten
Basic	$19.99	2,500
Premium	$49.99	1,200
Unternehmen	$99.99	350

Blockchain-Authentifizierungsdienste

Aufschlüsselung der Einnahmen aus Authentifizierungsdiensten:

• Pro Authentifizierungsgebühr: 75 $
• Jährlicher Umsatz mit Authentifizierungsdiensten: 425.000 US-Dollar
• Durchschnittliche monatliche Authentifizierungsanfragen: 475

Oriental Culture Holding LTD (OCG) - Canvas Business Model: Value Propositions

Access to a wider, more liquid art and collectibles trading market.

The total transaction value on the Oriental Culture Holding LTD platform for the six months ended June 30, 2025, was approximately $61.5 million. This followed a total transaction value of approximately $86.8 million for the same period in 2024. The number of active traders on the platform decreased to 4,504 as of H1 2025, down from 15,124 year-over-year. The company's market capitalization as of late 2025 has been reported around $52.91 million to $58.71 million. The stock has traded within a 52-week range of a low of $1.09 to a high of $7.47.

Metric	Value (H1 2025)	Comparison Period Value
Total Transaction Value	$61.5 million	$86.8 million (H1 2024)
Active Traders	4,504	15,124 (H1 2024)
Total Operating Revenues	$141,374	$0.4 million (H1 2024)
Gross Margin	84.7%	65.8% (H1 2024)

Integrated services: trading, storage, and technical maintenance.

Oriental Culture Holding LTD offers an online platform for e-commerce trading of artwork and collectibles, supplemented by integrated services:

• Online and offline integrated marketing.
• Storage services to customers.
• Technical maintenance services to customers.

Assurance of authenticity and quality for cultural assets.

The company operates through one segment, namely, e-commerce of artwork trading. The company recorded a loss from operations of approximately $4.5 million for the six months ended June 30, 2025, compared with an income from operations of approximately $2.1 million for the six months ended June 30, 2024. The net loss widened by 104.2% to approximately $3.8 million for H1 2025.

Provision of art investment education and market information.

The company's financial position as of June 30, 2025, included approximately $38.8 million in cash and approximately $39.1 million in working capital. The company's authorized share capital was increased from $50,000 to $500,000 on November 25, 2025.

Opportunity for portfolio diversification with cultural assets.

The company generates revenue through listing service fees and transaction fees. The company reported a gross profit of approximately $0.1 million for the six months ended June 30, 2025. The company's P/E Ratio is reported as -20.59.

Oriental Culture Holding LTD (OCG) - Canvas Business Model: Customer Relationships

You're looking at how Oriental Culture Holding LTD (OCG) manages its user base, especially after the turbulence from the shareholder investigation. The relationship strategy clearly splits between hands-on support for complex issues and relying on the platform for the everyday user.

Real-time customer support for trading and platform issues

The client software is designed to keep users engaged and supported directly within the trading environment. This isn't just static information; it's interactive support built in.

• Client software includes interactive functions like live discussion boards.
• Instant messaging is available with customer service representatives.
• The Company provides artwork warehousing services as part of its offering.

Internally, Oriental Culture Holding LTD collects and analyzes customer behavior and communications data from its systems in accordance with laws and regulations. This data informs the support structure, even if we don't have the specific H1 2025 support ticket resolution times.

High-touch, personalized service for institutional investors and dealers

When you look at the institutional side from an equity perspective, the ownership structure is very concentrated internally. This suggests that high-touch service, if it exists, is likely directed at platform dealers and high-value trading clients rather than broad institutional equity holders.

Metric	Value (as of late 2025 data)
Institutions Ownership (Equity)	0.37%
Insider Ownership	40.17%

The low institutional ownership figure definitely frames the relationship focus away from broad institutional asset management servicing.

Automated, self-service platform for individual traders

The individual trader segment, which relies heavily on the self-service platform, saw a significant contraction in the first half of 2025. This drop in active users is the clearest indicator of the impact on this relationship channel.

• Active traders declined to 4,504 for the six months ended June 30, 2025.
• This is a year-over-year decline from 15,124 active traders in H1 2024.

The platform's self-service nature is tested when confidence wavers, as evidenced by the investigation that materially harmed customer confidence.

Building trust through secure transactions and asset warehousing

Trust hinges on the platform's stability and its ability to safeguard assets, which is critical given the nature of collectibles trading. The company's liquidity position as of mid-2025 provides a concrete number supporting its operational ability to maintain these services.

The total transaction value on the platform, which is the core activity requiring trust in secure transactions, also saw a reduction. Here's the quick math on that activity level:

Period Ended June 30	Total Transaction Value
2024	Approximately $86.8 million
2025	Approximately $61.5 million

To back up the warehousing and transaction security promises, Oriental Culture Holding LTD reported approximately $38.8 million in cash as of June 30, 2025. That cash position, along with working capital of approximately $39.1 million, is what underpins the commitment to asset safety and platform continuity. If onboarding takes 14+ days, churn risk rises, so maintaining this cash buffer is key to service reliability.

Finance: draft 13-week cash view by Friday.

Oriental Culture Holding LTD (OCG) - Canvas Business Model: Channels

You're looking at how Oriental Culture Holding LTD (OCG) gets its offerings-collectibles and artwork e-commerce services-to the customer, which is heavily skewed toward digital platforms based in Hong Kong and targeting the Chinese market. Honestly, the channel performance in the first half of 2025 shows significant headwinds.

Primary online trading platforms owned by Hong Kong subsidiaries

The core of OCG's channel strategy relies on its online platforms, which facilitate the trading of various collectibles and artworks. You can see the direct impact of channel usage in the transaction metrics reported for the first six months of 2025.

• Total transaction value on the platform for H1 2025 was approximately $61.5 million.
• This represents a decrease of 71.9% in total transaction fee revenue, which hit approximately $63,000 for the same period.
• The total transaction value for the comparable period in 2024 was approximately $86.8 million.
• The platform's initial launch date was September 2022, and as of January 2024, it reported a monthly active user count of 3,217.

Integrated online and offline marketing services in China

Oriental Culture Holding LTD also offers online and offline integrated marketing services as part of its business. While specific revenue attribution to the offline component is not broken out in the latest filings, the overall revenue picture for the first half of 2025 reflects challenges across the board.

The company's total revenues for the six months ended June 30, 2025, were only approximately $0.1 million, down from approximately $0.4 million for the same period in 2024. This suggests that whatever marketing channels are being used, customer engagement and transaction volume have dropped sharply.

Direct sales and service teams for large institutional clients

The business model includes facilitating trading for both individual and institutional customers. While specific data on the direct sales force size or its direct contribution to the $61.5 million total transaction value in H1 2025 isn't public, the company's structure supports serving these larger entities through its professional platforms.

The operational environment has been tough; the company reported a loss from operations of approximately $4.5 million for the first half of 2025, compared to an income from operations of approximately $2.1 million in H1 2024. This loss signals that the current channel structure isn't covering fixed and variable costs effectively right now.

Corporate website and investor relations for public communication

The corporate website, ocgroup.hk, serves as the primary hub for public communication, including SEC filings and investor presentations. For the investment community, the market's view of the company's reach and stability is reflected in its public trading metrics as of late 2025.

Here are some key public-facing financial and trading indicators:

Metric	Value (Late 2025 Estimate)	Period/Context
Current Market Cap	$52.03 million	As of December 2025
Average Trading Volume	11,631	Recent Average
Total Revenues	$0.1 million	Six Months Ended June 30, 2025
Gross Margin	84.7%	Six Months Ended June 30, 2025
Selling Expenses	$2,000	Six Months Ended June 30, 2025

Selling expenses, which would include costs related to maintaining the corporate website and investor outreach, were extremely low at approximately $2,000 for the first half of 2025, suggesting minimal spend in that specific category, defintely.

Finance: draft 13-week cash view by Friday.

Oriental Culture Holding LTD (OCG) - Canvas Business Model: Customer Segments

Individual collectors and art enthusiasts activity is reflected in the platform's overall transaction metrics for the first half of 2025.

Institutional investors seeking cultural asset diversification, art dealers and owners needing a trading and marketing platform, and cooperation e-commerce platforms requiring industry solutions collectively drove the total transaction value on the Oriental Culture Holding LTD online platforms.

• The total transaction value on the platform was approximately $61.5 million for the six months ended June 30, 2025.
• This figure represents a decrease from approximately $86.8 million recorded for the six months ended June 30, 2024.
• The average trading volume across the platform was reported at 38,114.

The revenue generated from these customer activities, primarily transaction fees, saw a corresponding change.

The company facilitates trading by individual and institutional customers of various collectibles, artworks, and commodities on its online platforms.

Metric	Six Months Ended June 30, 2025	Six Months Ended June 30, 2024
Total Revenues	Approximately $0.1 million	Approximately $0.4 million
Transaction Fee Revenue	Approximately $63,000	Approximately $0.2 million
Total Transaction Value	Approximately $61.5 million	Approximately $86.8 million

The company also provides industry solutions and related software products, suggesting a segment of business-to-business clients.

• Oriental Culture Holding LTD reported total revenues of approximately $0.1 million for the first half of 2025.
• The current Market Cap for Oriental Culture Holding LTD stood at $52.91M as of late 2025.
• The company employed 33 individuals.

Oriental Culture Holding LTD (OCG) - Canvas Business Model: Cost Structure

You're looking at the cost side of Oriental Culture Holding LTD (OCG)'s operations for the first half of 2025. The numbers show a significant shift in the expense profile, driven by non-cash compensation and a sharp drop in selling activity.

The overall cost structure resulted in a loss from operations of approximately $4.5 million for the six months ended June 30, 2025. This compares to an income from operations of approximately $2.1 million for the same period in 2024.

The key cost components driving this result include:

• Operating expenses, leading to a loss from operations of approximately $4.5 million in H1 2025.
• General and administrative costs, which saw decreases driven by lower spending on professional services and office overhead.
• Compensation expenses, which saw a major increase due to equity grants.
• Technical maintenance and development costs for the e-commerce platform.
• Low selling expenses, which saw a massive reduction.

Here's a closer look at the specific figures we have for H1 2025:

Cost Category	Financial Amount (H1 2025)	Comparative Detail
Loss from Operations	$4.5 million	Reversal from $2.1 million income in H1 2024.
Stock Compensation Expenses	$3.8 million	Increase of 561.4% from $0.6 million in H1 2024.
Selling Expenses	Approximately $2,000	Decrease of 98.3% from approximately $0.1 million in H1 2024.
COO Preferred Share Grant (Component of Compensation)	12 million preferred shares	Granted to Mr. Aimin Kong in January 2025.
COO Share Issuance Cost (Component of Compensation)	Approximately $1.7 million	Part of the total stock compensation expense.

Drilling down into General and Administrative (G&A) expenses, the report details the components of the decrease in these costs, which helped offset other rising expenses. The reduction in G&A was due to:

• Decreased professional fees of approximately $0.2 million.
• Decreased office expenses of approximately $0.5 million.
• Decreased depreciation and amortization expenses of approximately $0.1 million.
• Decreased travel and meeting related fees of approximately $0.1 million.

Regarding technical costs, the company noted an investment in technology and operations, though not explicitly detailed as a standalone H1 2025 operating expense line item in the same way as compensation. The data indicates that the company invested approximately $1.5 million in information technology infrastructure and proprietary software, which aligns with the planned use of proceeds for platform enhancement.

The selling expenses are negligible, showing a near-total pullback in sales-related spending, decreasing by 98.3% to only approximately $2,000 for the first half of 2025.

Finance: draft 13-week cash view by Friday.

Oriental Culture Holding LTD (OCG) - Canvas Business Model: Revenue Streams

You're looking at the revenue streams for Oriental Culture Holding LTD (OCG) as of late 2025, specifically focusing on the first half of the year. The core of their revenue generation, as an online provider of collectibles and artwork e-commerce services, centers on transaction-based fees, though the overall volume has seen a significant drop.

The primary mechanisms for generating revenue on the OCG platform are:

• Transaction fees based on a percentage of total transaction value.
• Listing service fees charged to sellers on the platform.
• Other revenues from integrated marketing, storage, and technical services.

The financial performance for the first six months ended June 30, 2025, shows a sharp contraction in top-line revenue compared to the prior year period. Total revenues were approximately $0.1 million for the six months ended June 30, 2025. This compares to total revenues of approximately $0.4 million for the same period in 2024. This decline was materially impacted by a drop in customer activity; the number of customers who actively traded on the online platform decreased from 15,124 for the six months ended June 30, 2024, to just 4,504 for the same period in 2025. Honestly, that's a steep drop in the user base driving the revenue.

Breaking down the revenue components for H1 2025 reveals the following distribution based on the figures you provided:

Revenue Component	H1 2025 Amount (Approximate)	H1 2024 Amount (Approximate)
Total Revenues	$0.1 million	$0.4 million
Transaction Fee Revenue	$63,000	$0.2 million
Other Revenues (Marketing, Storage, Technical Services)	$37,000	Not specified

The transaction fee revenue, which is generally calculated based on the transaction value of collectibles, artwork or commodities per transaction, saw a significant reduction. Transaction fee revenue was approximately $63,000 in H1 2025, down from $0.2 million in the comparable prior period. The platform typically charges a fee ranging from 0.15% to 0.3% of the transaction value from both the purchase and sale side of the transaction, resulting in an aggregate charge of 0.3% to 0.6% of the total transaction value. The listing service fees are charged to sellers for placing items on the platform. The remaining revenue stream, which includes integrated marketing, storage, and technical maintenance services offered by Oriental Culture Holding LTD (OCG), accounted for the residual amount of approximately $37,000 in H1 2025.

Here's a quick look at the key revenue drivers and their H1 2025 status:

• Transaction fee revenue: $63,000.
• Total revenues: $0.1 million.
• Active traders: Declined to 4,504.
• Gross margin: Improved to 84.7%.

The improved gross margin to 84.7% in H1 2025, up from 65.8% in H1 2024, is interesting given the revenue collapse, suggesting a much lower cost of revenue relative to the smaller sales base, possibly due to reduced operational scale or a shift in the mix of services provided.

Finance: draft 13-week cash view by Friday.