On November 23, 2022, the Board of Directors of Oriental Culture Holding LTD. received a resignation letter from Ms. Lijia Ni to resign from her position as the Chief Financial Officer of the Company, effective immediately. On November 29, 2022, the Company appointed Ms. Xi Li as the CFO of the Company, effective immediately. Ms. Li, age 35, served as the financial manager of the Company from September 27, 2022 to November 28, 2022.

From October 2016 to Jun 2022, Ms. Li served as the financial manager of Golden Wheel Tiandi Holdings Company Limited. From September 2013 to February 2016, Ms. Li was a senior audit associate of KPMG Singapore office and an assistant audit manager of KPMG Shanghai Office. From June 2011 to July 2013, Ms. Li served as an audit associate of Adept Public Accounting Corporation in Singapore.

Ms. Li obtained her Bachelor’s Degree of Science in Applied Accounting from Oxford Brookes University (UK) in 2011 and she is a fellow member of Chartered Association of Certified Public Accountants.