Major OCG (NASDAQ: OCG) holder reports 50.8% stake via preferred shares

Rhea-AI Filing Summary

Oriental Culture Holding LTD’s major shareholder Aimin Kong, together with Hao Shun Investments Limited, has amended their ownership disclosure. They report beneficial ownership of 12,000,000 preferred shares, convertible into 6,000,000 ordinary shares, representing approximately 50.8% of the ordinary shares deemed outstanding.

The calculation uses 5,814,789 issued and outstanding ordinary shares as of February 18, 2026 and assumes conversion of the preferred shares within 60 days. The filing also notes a one-for-two-hundred-twenty reverse stock split of ordinary shares, a no-cost transfer of 490,000 ordinary shares to China Stamp Trading Center Co., Limited, and intra-family transfers of equity in Hao Shun Investments Limited.

Insights

Equity ownership and governance analyst

Filing confirms effective majority control via preferred shares and recent restructuring steps.

The amendment shows Aimin Kong and Hao Shun Investments Limited effectively control about 50.8% of Oriental Culture Holding LTD’s ordinary shares on a converted basis, through 12,000,000 preferred shares that each carry 15 votes and convert two-for-one into ordinary shares.

This structure concentrates voting power in a relatively small preferred block, while ordinary shareholders experienced a one-for-two-hundred-twenty reverse split on January 16, 2026. The filing also documents a no-cost transfer of 490,000 ordinary shares and reallocation of Hao Shun’s equity among entities controlled by, or related to, Kong, indicating continued family and affiliate influence over the issuer.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 1)

Oriental Culture Holding LTD

(Name of Issuer)

Ordinary shares, par value of $0.055 per share

(Title of Class of Securities)

G6796W123

(CUSIP Number)

Mr. Aimin Kong
4F, Building 30, Phase 1, Jiangsu Software Park
Nanjing, F4, 210023
86-19538323389

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

11/14/2025

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

SCHEDULE 13D

CUSIP No. G6796W123

1

Name of reporting person

Aimin Kong

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

CHINA

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 180,000,000.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 6,000,000.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

6,000,000.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

50.8 %

14

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person:

The number of shares reported in rows 7, 9 and 11 include: 12,000,000 preferred shares, (each with 15 voting power and every two preferred shares is convertible into one ordinary share of the Company at the holder's option) in his capacity as a 70% beneficiary owner and director of Hao Shun Investments Limited. Calculated based on: (i) a total of 5,814,789 issued and outstanding ordinary shares of the Issuer as of February 18, 2026 in the proxy statement in Form 6-K filed on February 19, 2026 and (ii) if the holder converts 12,000,000 preferred shares to 6,000,000 ordinary shares in 60 days.

SCHEDULE 13D

CUSIP No. G6796W123

1

Name of reporting person

Hao Shun Investments Limited

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

VIRGIN ISLANDS, BRITISH

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 180,000,000.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 6,000,000.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

6,000,000.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

50.8 %

14

Type of Reporting Person (See Instructions)

CO

Comment for Type of Reporting Person:

The number of shares reported in rows 7, 9 and 11 include: 12,000,000 preferred shares, (each with 15 voting power and every two preferred shares is convertible into one ordinary share of the Company a the holder's option) held by Hao Shun Investments Limited. Calculated based on: (i) a total of 5,814,789 issued and outstanding ordinary shares of the Issuer as of February 18, 2026 in the proxy statement in Form 6-K filed on February 19, 2026 and (ii) if the holder converts 12,000,000 preferred shares to 6,000,000 ordinary shares in 60 days.

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Ordinary shares, par value of $0.055 per share
(b)	Name of Issuer: Oriental Culture Holding LTD
(c)	Address of Issuer's Principal Executive Offices: 4F, Building 30, Phase 1, Jiangsu Software Park, Nanjing, CHINA , 210023.
Item 1 Comment: This Amendment No. 1 to Schedule 13D (this "Amendment No. 1") amends and supplements the statements on Schedule 13D filed on September 4, 2025 (the "Initial Statement", and together with this Amendment No.1, the "Schedule 13D") by the Reporting Persons (as defined in the Initial Statement) and relates to the ordinary share (the "Ordinary Shares") of Oriental Culture Holding LTD, a company incorporated with limited liability under the laws of the Cayman Islands (the "Issuer"). The principal executive office of the Issuer is located at 4F, Building 30, Phase 1, Jiangsu Software Park, Nanjing, CHINA, 210023. The Issuer's Ordinary Shares are listed on the NASDAQ Capital Market under the symbol "OCG". Except as otherwise provided herein, each item of the Initial Statement remains unchanged. Terms used herein but not otherwise defined shall have the meanings set forth in the Initial Statement.
Item 2.	Identity and Background
(a)	The Schedule 13D is being filed jointly by Aimin Kong and Hao Shun Investments Limited (together, the "Reporting Persons", and each, a "Reporting Person") pursuant to Rule 13d-1(k) promulgated by the SEC under Section 13 of the Act. The agreement between the Reporting Persons relating to the joint filing of this Schedule 13D is attached hereto as Exhibit A. Information with respect to each Reporting Person is given solely by such Reporting Person, and no Reporting Person assumes responsibility for the accuracy or completeness of the information concerning the other Reporting Person except as otherwise provided in Rule 13d-1(k).
(b)	Mr. Aimin Kong is a citizen of China. The business address of Mr. Aimin Kong is 4F, Building 30, Phase 1, Jiangsu Software Park, Xuanwu District, Nanjing City, Jiangsu Province, China. Hao Shun Investments Limited ("Hao Shun") is a company incorporated in the British Virgin Islands. The registered address of Hao Shun Investments Limited is Crainmuir Chambers, Road Town, Tortola, VG1110, British Virgin Islands.
(c)	Mr. Aimin Kong is the chief operating officer of the Issuer and a director of Hao Shun Investments Limited. The business address of Mr. Aimin Kong is 4F, Building 30, Phase 1, Jiangsu Software Park, Xuanwu District, Nanjing City, Jiangsu Province, China.
(d)	During the last five years, none of the Reporting Persons has been: (i) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
(e)	During the last five years, none of the Reporting Persons has been: (i) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
(f)	Mr. Aimin Kong is a citizen of China. Hao Shun Investments Limited is a company incorporated in the British Virgin Islands.
Item 3.	Source and Amount of Funds or Other Consideration
	The information set forth in Item 6 is hereby incorporated by reference in its entirety.
Item 4.	Purpose of Transaction
	The information set forth in Item 6 is hereby incorporated by reference in its entirety.
Item 5.	Interest in Securities of the Issuer
(a)	Item 5 of the Initial Statement is hereby amended and supplemented as follows: Hao Shun Investments Limited owns and has sole power to vote or direct the vote and sole power to dispose or to direct the disposition of 12,000,000 preferred shares of the Issuer (each preferred share has 15 votes at the general meetings of the Issuer, and every two preferred shares is convertible into one ordinary share of the Issuer at the holder's option), which represents approximately 50.8% of the outstanding Ordinary Shares that are deemed to be outstanding for purposes of calculating the beneficial ownership of the Reporting Persons under Section 13(d) of the Act, calculated based on: (i) a total of 5,814,789 issued and outstanding ordinary shares of the Issuer as of February 18, 2026 in the proxy statement in Form 6-K filed on February 19, 2026 and (ii) if the holder converts 12,000,000 preferred shares to 6,000,000 ordinary shares in 60 days. In his capacity as a 70% beneficial owner and director of Hao Shun Investments Limited, Mr. Aimin Kong has sole power to vote or to direct the vote and sole power to dispose or to direct the disposition of 12,000,000 preferred shares of the Issuer owned by Hao Shun Investments Limited, which represents approximately 50.8% of the outstanding Ordinary Shares that were deemed to be outstanding for purposes of calculating the beneficial ownership of the Reporting Persons under Section 13(d) of the Securities Exchange Act of 1934 (the "Act").
(b)	The information contained in Item 5(a) of this Report on this Schedule 13D is hereby incorporated by reference herein.
(c)	On January 16, 2026, the Issuer effected a one for two hundred twenty reverse stock split for its ordinary shares and no change was made to its preferred shares. Except as disclosed in this Schedule 13D, none of the Reporting Persons has effected any transaction in the ordinary shares of the Issuer during the past 60 days.
(d)	Except as disclosed in this Schedule 13D, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the ordinary shares beneficially owned by the Reporting Persons.
(e)	Not applicable.
Item 6.	Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer
	Item 6 of the Initial Statement is hereby amended and supplemented as follows: On November 14, 2025, Oriental Culture Investment Development Ltd., a company wholly owned by Aimin Kong, transferred 490,000 Ordinary Shares to China Stamp Trading Center Co., Limited at no cost. On January 16, 2026, the Issuer effected a one for two hundred twenty reverse stock split for its ordinary shares and no change was made to its preferred shares. On February 3, 2026, Mr. Aimin Kong transferred 35% equity interest of Hao Shun Investments Limited to Oriental Culture Investment Development Ltd., a BVI company wholly owned by Mr. Aimin Kong at nil/US$1 and 30% equity interest of Hao Shun Investments Limited to Oatto Holdings Ltd., a Canadian company wholly owned by Junci Kong, daughter of Aimin Kong at nil/US$1. To the best knowledge of the Reporting Persons, except as provided herein, there are no other contracts, arrangements, understandings or relationships (legal or otherwise) between the Reporting Persons and between any of the Reporting Persons and any other person with respect to any securities of the Issuer, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, divisions of profits or loss, or the giving or withholding of proxies, or a pledge or contingency, the occurrence of which would give another person voting power over the securities of the Issuer.
Item 7.	Material to be Filed as Exhibits.
	A - Joint Filing Agreement dated September 4, 2025 by and between the Reporting Persons (incorporated by reference to Initial Statement filed by the Reporting Persons on September 4, 2025) B - Share Transfer Agreement by and between Oriental Culture Investment Development Ltd and China Stamp Trading Center Co., Limited dated November 14, 2025 C- Share Transfer Instrument by and among Aimin Kong, Oriental Culture Investment Development Ltd. and Oatto Holdings Ltd. dated February 3, 2026.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Aimin Kong

Signature:	/s/ Aimin Kong
Name/Title:	Aimin Kong
Date:	02/26/2026

Hao Shun Investments Limited

Signature:	/s/ Aimin Kong
Name/Title:	Aimin Kong
Date:	02/26/2026

FAQ

How much of Oriental Culture Holding LTD (OCG) do the reporting persons beneficially own?

The reporting persons beneficially own 12,000,000 preferred shares, convertible into 6,000,000 ordinary shares. This represents approximately 50.8% of the outstanding ordinary shares deemed outstanding, based on 5,814,789 ordinary shares as of February 18, 2026 and assumed conversion within 60 days.

What kind of shares does Hao Shun Investments Limited hold in OCG?

Hao Shun Investments Limited holds 12,000,000 preferred shares of Oriental Culture Holding LTD. Each preferred share has 15 votes at general meetings, and every two preferred shares are convertible into one ordinary share at the holder’s option, giving substantial voting influence over the company.

How was the 50.8% beneficial ownership in OCG calculated for Aimin Kong and Hao Shun?

The 50.8% beneficial ownership is calculated using 5,814,789 issued and outstanding ordinary shares as of February 18, 2026 and assuming conversion of 12,000,000 preferred shares into 6,000,000 ordinary shares within 60 days. This approach follows Section 13(d) beneficial ownership rules.

What reverse stock split did Oriental Culture Holding LTD implement?

On January 16, 2026, Oriental Culture Holding LTD effected a one-for-two-hundred-twenty reverse stock split for its ordinary shares. The number of preferred shares was unchanged, which can increase the relative influence of preferred share voting compared with post-split ordinary shares.

What share transfers involving OCG did the Schedule 13D/A disclose?

The filing states that on November 14, 2025, 490,000 ordinary shares were transferred at no cost from Oriental Culture Investment Development Ltd. to China Stamp Trading Center Co., Limited. It also notes subsequent transfers of equity interests in Hao Shun Investments Limited to entities controlled by or related to Aimin Kong.

What is Aimin Kong’s role at Oriental Culture Holding LTD and in Hao Shun Investments?

The filing identifies Aimin Kong as the chief operating officer of Oriental Culture Holding LTD and a director of Hao Shun Investments Limited. He is also described as a significant beneficial owner of Hao Shun, linking his executive role at the issuer with substantial voting power through preferred shares.