{"id":2234,"date":"2021-11-02T12:59:00","date_gmt":"2021-11-02T12:59:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/3560778_CN60778_0"},"modified":"2021-11-02T12:59:00","modified_gmt":"2021-11-02T12:59:00","slug":"oriental-culture-holding-ltd-announces-first-half-year-of-2021-unaudited-financial-results","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=2234","title":{"rendered":"Oriental Culture Holding LTD Announces First Half Year of 2021 Unaudited Financial Results"},"content":{"rendered":"<div id=\"dvContent\" readability=\"343.2520718232\">\n<p><span class=\"xn-location\">HONG KONG<\/span>, <span class=\"xn-chron\">Nov. 2, 2021<\/span> \/PRNewswire\/ &#8212; Oriental Culture Holding LTD. (&#8220;OCG&#8221; or the &#8220;Company&#8221;) (NASDAQ: OCG), a leading online provider of collectibles and artwork e-commerce services, today announced&nbsp;its unaudited financial results for the six months ended <span class=\"xn-chron\">June 30, 2021<\/span>.<\/p>\n<p><b>First Half Year of 2021 Financial Highlights<\/b><\/p>\n<ul type=\"disc\">\n<li><b>Total revenues<\/b> were approximately <span class=\"xn-money\">$24.5 million<\/span> for the six months ended <span class=\"xn-chron\">June 30, 2021<\/span>, representing an increase of 891.1 % compared with the total revenues of approximately <span class=\"xn-money\">$2.5 million<\/span> for the six months ended <span class=\"xn-chron\">June 30, 2020<\/span>. <\/li>\n<li><b>Gross profit<\/b> was approximately <span class=\"xn-money\">$23.1 million<\/span> for the six months ended <span class=\"xn-chron\">June 30, 2021<\/span>, representing an increase of 1,011.2% compared with approximately gross profit of <span class=\"xn-money\">$2.1 million<\/span> for the six months ended <span class=\"xn-chron\">June 30, 2020<\/span>. <\/li>\n<li><b>Gross margin<\/b> was 94.3% for the six months ended <span class=\"xn-chron\">June 30, 2021<\/span>, representing an increase of 10.2 % points compared with a gross margin of 84.1% for the six months ended <span class=\"xn-chron\">June 30, 2020<\/span>. <\/li>\n<li><b>Income from operations<\/b> was approximately <span class=\"xn-money\">$9.7 million<\/span> for the six months ended <span class=\"xn-chron\">June 30, 2021<\/span>, representing an increase of 3,750.6 % compared with income from operations of approximately <span class=\"xn-money\">$0.3 million<\/span> for the six months ended <span class=\"xn-chron\">June 30, 2020<\/span>. <\/li>\n<li><b>Net income<\/b> was approximately <span class=\"xn-money\">$10.1 million<\/span> for the six months ended <span class=\"xn-chron\">June 30, 2021<\/span>, representing an increase of 2,601.8 % compared with net income of approximately <span class=\"xn-money\">$0.4 million<\/span> for the six months ended <span class=\"xn-chron\">June 30, 2020<\/span>.<\/li>\n<\/ul>\n<p>Mr. <span class=\"xn-person\">Yi Shao<\/span>, Chief Executive Officer of the Company, commented &#8220;We are very excited to report that our revenues in the first half of 2021 increased by 891.1% year over year to <span class=\"xn-money\">$24.5 million<\/span> and our net income in the first half of 2021 increased by 2,601.8% year over year to <span class=\"xn-money\">$10.1 million<\/span>. We have seen a strong first half of this year comparing to the same period of last year as the art and collectible market has bounced back and our business operation has returned to normal as COVID-19 pandemic has mostly been under control in <span class=\"xn-location\">China<\/span>. During the first half of 2020, our business and operation suffered material negative impact by the outbreak of COVID-19 with the closure of our offices, especially the closure of our warehouse which prevented us from taking in new collectibles and artwork products as well as the traffic control and logistics restrictions in <span class=\"xn-location\">China<\/span> during the outbreak which delayed delivery of collectibles and artwork from clients for appraisal and listing on our platform.&#8221;<\/p>\n<p>Mr. Shao continued: &#8220;In addition, economic activities are returning to normal and new measures are introduced to stimulate domestic consumption in <span class=\"xn-location\">China<\/span> which have strengthened art and collectible traders&#8217; confidence. Internationally, the positive global financial market, encouraging signs of economic recovery, and continuing government stimulus measures, fueled investment market, including the investment in arts and collectibles. The rapid increase in new customers and our marketing activities helped driving up the number of new listings, volume of transactions as well as our revenue and profit.&#8221;&nbsp;<\/p>\n<p><b>Results of Operations <\/b><\/p>\n<p>The tables in the following discussion summarize our unaudited interim condensed consolidated statements of operations for the periods indicated. The operating results in any period are not necessarily of the results that may be expected for any future period.<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tbody readability=\"7.5\">\n<tr readability=\"4.5\">\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td colspan=\"6\" nowrap=\"nowrap\" class=\"prngen3\" readability=\"6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>For the Six Months Ended<br \/>June 30,<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td colspan=\"6\" nowrap=\"nowrap\" class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Variance<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2021<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2020<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Amount<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>%<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>(Unaudited)<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>(Unaudited)<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Net Revenues<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">24,331,668<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,373,250<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">21,958,418<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">925.2%<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen7\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Net Revenues \u2013 related parties<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">129,071<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">94,713<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">34,358<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">36.3%<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Cost of revenues<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen10 prnpr14\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen10\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(1,397,828)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen10\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(392,424)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen10\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(1,005,404)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">256.2%<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Gross profit<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">23,062,911<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,075,539<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">20,987,372<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1011.2%<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Operating expenses<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen10\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(13,339,262)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen10\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(1,823,019)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen10\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(11,516,243)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">631.7%<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Income from operations<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">9,723,649<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">252,520<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">9,471,129<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3,750.6%<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Other income<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">356,504<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">120,567<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">235,937<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">195.7%<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen7\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Income before income taxes<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">10,080,153<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">373,087<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">9,707,066<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,601.8%<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen7\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Provision for income taxes<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Net income<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">10,080,153<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">373,087<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">9,707,066<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,601.8%<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen7\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Foreign currency translation adjustment<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen10\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(69,596)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen10\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(177,875)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">108,279<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen10 prnpr4\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(60.9)%<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Comprehensive income<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">10,010,557<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">195,212<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">9,815,345<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">5,028.0%<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen13\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Weighted average number of ordinary shares outstanding \u2013<br \/>&nbsp;&nbsp; basic and diluted<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">20,444,712<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">15,190,000<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">5,254,712<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen15\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">34.6%<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen7\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Basic and diluted earnings per share<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">0.49<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">0.02<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">0.47<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen15\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,907.4%<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p><b><i><u>Revenues:<\/u><\/i><\/b><\/p>\n<p>The following table sets forth the principal components of our net revenues by amounts and percentages of our net revenues for the periods indicated:<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tbody readability=\"5\">\n<tr readability=\"4.5\">\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td colspan=\"14\" nowrap=\"nowrap\" class=\"prngen3\" readability=\"6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>For the Six Months Ended June 30,<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td colspan=\"6\" nowrap=\"nowrap\" class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Variance<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td colspan=\"6\" nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2021<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td colspan=\"6\" nowrap=\"nowrap\" class=\"prngen4\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2020<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Amount<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>%<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td colspan=\"6\" nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>(Unaudited)<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td colspan=\"6\" nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>(Unaudited)<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Revenues<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>%<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Revenues<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen3\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>%<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen7\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Listing services fees (1)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">4,487,953<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">18.3<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">466,668<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">18.9<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">4,021,285<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">861.7%<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Transaction fee (2)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">16,265,107<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">66.5<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,353,532<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">54.8<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">14,911,575<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1101.7%<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen7\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Marketing service fees (3)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3,416,630<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">14.0<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">387,407<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">15.7<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3,029,223<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">781.9%<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Other revenues(4)*<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">291,049<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1.2<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">260,356<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">10.6<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">30,694<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen9\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">11.8%<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<\/tr>\n<tr readability=\"4.5\">\n<td nowrap=\"nowrap\" class=\"prngen7\" readability=\"6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Total operating revenues, net<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">24,460,739<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">100.0<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,467,963<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">100.0<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">21,992,776<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen2\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen15\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">891.1%<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p><span><\/span>&nbsp;<\/p>\n<p><span>* Including <span class=\"xn-money\">$129,071<\/span> and <span class=\"xn-money\">$94,713<\/span> from related parties for the six months ended <span class=\"xn-chron\">June 30, 2021<\/span> and 2020, respectively<\/span><\/p>\n<p><i>(1) Listing service fees<\/i>: Our performance obligation is to provide listing on our platform. Listing service fees are calculated based on a percentage of the listing value of collectibles and artwork. Listing value is the total offering price of the collectible, artwork or commodities when the ownership units are initially listed on our trading platform. We utilize an appraised value as a basis to determine the appropriate listing value for each piece of collectible or artwork, or portfolio of collectibles or artwork or commodities. In general, listing service fees are recognized upon completion of our performance obligation. Our standard listing fees range from 2.3% to 5.3% for artwork and collectibles and 1% to 6% for commodities of the initial listing value, the rate is dependent on the type of listings and is negotiated on a case by case basis. The average listing period is around three months.<\/p>\n<p>Total listing service fees increased by approximately <span class=\"xn-money\">$4.0 million<\/span> or 861.7% from <span class=\"xn-money\">$466,668<\/span> for the six months ended <span class=\"xn-chron\">June 30, 2020<\/span> to <span class=\"xn-money\">$4,487,953<\/span> for the same period in 2021. The increase was due to large amount of newly listed artwork and collectibles which increased in the listing value and listing service fees. The number of types in collectibles\/artwork and commodities were successfully listed on our platforms increased from 25 for the six months ended <span class=\"xn-chron\">June 30, 2020<\/span> to approximately 187 for the six months ended <span class=\"xn-chron\">June 30, 2021<\/span>. Our total listing value of listed collectible\/artwork increased from approximately <span class=\"xn-money\">$0.4 billion<\/span> during the six months ended <span class=\"xn-chron\">June 30, 2020<\/span> to approximately <span class=\"xn-money\">$1.8 billion<\/span> for the same period in 2021.<\/p>\n<p><i>(2) Transaction fee revenue<\/i>: Transaction fee revenue is generally calculated based on the transaction value of collectibles or artwork per transaction for our services to facilitate the trading transactions. Transaction value is the dollar amount of the purchase and sale of the ownership units of the collectibles or artwork after they are listed on our platform. We typically charge from 0.15% to 0.3% of the transaction value per transaction from both the purchase and sale side of the transaction resulting in an aggregate of 0.3% to 0.6% of total transaction value. Sometimes, we charge a predetermined transaction rate, which is negotiated on a case by case basis, for selected traders with specific large transactions. Transaction fee revenue also includes predetermined monthly transaction fees, which are negotiated case by case for selected traders with high trading volume, and is recognized and earned over the specified service period.<\/p>\n<p>Total transaction fee revenue increased by approximately <span class=\"xn-money\">$14.9 million<\/span> or 1,101.7% from <span class=\"xn-money\">$1,353,532<\/span> for the six months ended <span class=\"xn-chron\">June 30, 2020<\/span> to <span class=\"xn-money\">$16,265,107<\/span> for the same period in 2021. The increase was primarily due to the increasing number of traders that participated in trading on the platform as our customers and potential customers increased their expenditures and investment because of recovering economic activities from the pandemic in <span class=\"xn-location\">China<\/span>. Our active traders increased from 27,020 for the six months ended <span class=\"xn-chron\">June 30, 2020<\/span> to 116,709 active traders for the six months ended <span class=\"xn-chron\">June 30, 2021<\/span>. The increase in active trader led to increase in number of transactions. Our number of transactions increased from approximately 16.8 million for the six months ended <span class=\"xn-chron\">June 30, 2020<\/span> to approximately 94.5 million for the same period in 2021. During the six months ended <span class=\"xn-chron\">June 30, 2021<\/span> and 2020, total transaction value amounted to approximately <span class=\"xn-money\">$10.8 billion<\/span> and <span class=\"xn-money\">$847 million<\/span> respectively. Our current system could support up to 120,000 active&nbsp; traders with over one billion transactions.<\/p>\n<p><i>(3) Marketing service fees<\/i>: Marketing service fee revenue is a fee that we charge for promoting and marketing our customers&#8217; collectibles or artwork. The services include assisting our customers in connection with their listings and trading of their collectibles\/artwork on our platform, which mainly include consulting and supporting services of the marketability for the collectibles\/artwork; assessing their market value and market acceptance for the collectibles\/artwork; and assisting in the application and legal protection required for the customers&#8217; collectibles\/artwork to be approved for listing on our platform. For marketing service contracts in which the related performance obligations can be completed within a short period of time, the Company recognizes the related revenue upon the completion of its performance obligations.<\/p>\n<p>Marketing service agreements also includes providing promotion services for customers&#8217; items as where to place ads on well-known cultural and\/or art exchange websites in <span class=\"xn-location\">China<\/span>, to provide online and offline marketing services including cooperation with auction houses and participate in industry-related exhibitions and fairs. The marketing service fees are charged on various fixed fee basis, which are based on the type of the listing session that the customer applies for and whether the customer has listed and sold its collectible on other platforms before, and they were not tied to the type or value of the underlying collectible\/artwork. Marketing service contracts and fees are recognized upon the completion of all performance obligations.&nbsp;<\/p>\n<p>Marketing service fees increased by approximately <span class=\"xn-money\">$3.0 million<\/span> or 781.9% from <span class=\"xn-money\">$387,407<\/span> for the six months ended <span class=\"xn-chron\">June 30, 2020<\/span> to <span class=\"xn-money\">$3,416,631<\/span> for the same period in 2021. The increase was due to increase of types of collectibles\/ artwork we promoted for customers. During the six months ended <span class=\"xn-chron\">June 30, 2021<\/span> and 2020, 187 and 25 types of collectibles\/artwork were successfully listed on our platforms, of which we promoted 51 and 4 types of newly listed collectibles and artwork for our customers, respectively.&nbsp;&nbsp;<\/p>\n<p><i>(4) Other revenues:<\/i>&nbsp;Other revenues primarily includes services fees for IT technical support and revenue from termination of a cooperation agreement. IT technical support fee is negotiated on a case by case basis and is recognized when the related services have been performed based on the specific terms of the contract. Total other revenues increased by approximately <span class=\"xn-money\">$31,000<\/span> or 11.8% from <span class=\"xn-money\">$260,356<\/span>, including <span class=\"xn-money\">$94,713<\/span> from providing technological services to our related parties for the six months ended <span class=\"xn-chron\">June 30, 2020<\/span> to <span class=\"xn-money\">$291,049<\/span>, including <span class=\"xn-money\">$129,071<\/span> from providing technological services to our related parties for the same period in 2021. In addition, we recognized approximately <span class=\"xn-money\">$69,000<\/span> other revenue when a third party terminated a cooperation agreement with us in developing an online platform for niche market. The deposit with us is recognized as revenue as we have no further obligation under the contract to develop the platform.<\/p>\n<p><i><u>Cost of Revenues<\/u><\/i><\/p>\n<p>Cost of revenues increased by approximately <span class=\"xn-money\">$1.0 million<\/span> or 256.2% from <span class=\"xn-money\">$392,424<\/span> for the six months ended <span class=\"xn-chron\">June 30, 2020<\/span> to <span class=\"xn-money\">$1,397,828<\/span> for the same period in 2021. The increase in cost of revenues was primarily due to the increase in storage fees of approximately <span class=\"xn-money\">$0.5 million<\/span> due to the increase in the listing value of products. The warehouse storage fees were charged based on certain percentage of listing value of products. The increase in cost of revenues was also due to the increase in salary, cloud services fees and outside service fees for referral of products to the Company of approximately <span class=\"xn-money\">$0.5 million<\/span>.<\/p>\n<p><i><u>Gross Profit<\/u><\/i><\/p>\n<p>Gross profit for the six months ended <span class=\"xn-chron\">June 30, 2021<\/span> and 2020 amounted to <span class=\"xn-money\">$23,062,911<\/span> and <span class=\"xn-money\">$2,075,539<\/span>, respectively. Gross profit increased by approximately <span class=\"xn-money\">$21.0 million<\/span> or 1011.2%. &nbsp;Gross margin for the six months ended <span class=\"xn-chron\">June 30, 2021<\/span> and 2020 were 94.3% and 84.1%, respectively. The increase in gross margin was due to increase in higher transaction fee revenue when the cost (mainly salary and cloud services fees) generally did not increase proportionately with the increase in revenue.<\/p>\n<p><i><u>Selling and Marketing Expenses <\/u><\/i><\/p>\n<p>Selling expenses increased by approximately <span class=\"xn-money\">$9,387,751<\/span> or 1,104% from <span class=\"xn-money\">$850,462<\/span> including <span class=\"xn-money\">$57,935<\/span> to related party for the six months ended <span class=\"xn-chron\">June 30, 2020<\/span> to <span class=\"xn-money\">$10,238,213<\/span> including <span class=\"xn-money\">$341,952<\/span> to related party for the same period in 2021. The increase was primarily due to the increase in marketing expenses of approximately <span class=\"xn-money\">$8,930,000<\/span> as we paid more commission to third parties to get more referral of traders. In addition, advertising expense with Kashi Jinwang Art Purchase E-commerce Co., Ltd.(&#8220;Jinwang&#8221;), a related party,&nbsp;increased about <span class=\"xn-money\">$0.3 million<\/span> due primarily to the increase in initial listing value of products advertised. Our marketing expenses was charged based on 1.5% of initial listing value of products advertised on the third party&#8217;s website. We expect our selling and marketing expenses to increase further as we recover from COVID-19 and we will continue to promote our products listed and getting more referral for traders.<\/p>\n<p><i><u>General and Administrative Expenses<\/u><\/i><\/p>\n<p>Our general and administrative expenses increased by approximately <span class=\"xn-money\">$2,128,492<\/span> or 219% from <span class=\"xn-money\">$972,557<\/span> including <span class=\"xn-money\">$27,059<\/span> to related party for the six months ended <span class=\"xn-chron\">June 30, 2020<\/span> to <span class=\"xn-money\">$3,101,049<\/span> including <span class=\"xn-money\">$78,716<\/span> to related party for the same period in 2021. The increase in our general and administrative expenses was primarily due to the increase in professional fees and consulting fee of approximately <span class=\"xn-money\">$1.5 million<\/span>, which included approximately <span class=\"xn-money\">$0.3 million<\/span> for professional fees such as legal, audit, insurance and public relations as we became a public company in <span class=\"xn-chron\">December 2020<\/span>. The increase was also due to consulting fee for development for our new business of approximately <span class=\"xn-money\">$1.2 million<\/span> including overseas business development and development in digital assets. The rest of the increase came mainly from increase in employee salary\/benefits, office rent which totaled approximately <span class=\"xn-money\">$0.6 million<\/span>. We expect our general and administrative expenses, including but not limited to, compensation, rent, depreciation and amortization to continue to increase in the foreseeable future as our business grows further.<\/p>\n<p><i><u>Other Income<\/u><\/i><\/p>\n<p>Total other income increased by approximately <span class=\"xn-money\">$0.2 million<\/span>, or 195.7%, from <span class=\"xn-money\">$120,567<\/span> for the six months ended <span class=\"xn-chron\">June 30, 2020<\/span> to <span class=\"xn-money\">$356,504<\/span> for the same period in 2021. Other income consists mainly of gain from short-term investment, interest income and other income. The increase was mainly due to the receipt of approximately <span class=\"xn-money\">$0.2 million<\/span> of government grant for our business development.<\/p>\n<p><i><u>Provision for Income Taxes<\/u><\/i><\/p>\n<p>Our provision for income taxes amounted to nil for both the six months ended <span class=\"xn-chron\">June 30, 2020<\/span> and 2021, respectively. We did not have any income taxes due to our preferential tax rate reduction from our profitable variable interest entities (VIEs), which were formed and registered in Kashi in Xinjiang Provence, <span class=\"xn-location\">China<\/span> and they are not subject to income taxes for 5 years ending in 2023. We also have provided 100% allowance on net operating losses from our VIEs which incurred losses.<\/p>\n<p><i><u>Net Income<\/u><\/i><\/p>\n<p>Our net income increased by approximately <span class=\"xn-money\">$9.7 million<\/span>, or 2,601.8%, from <span class=\"xn-money\">$373,087<\/span> for the six months ended <span class=\"xn-chron\">June 30, 2020<\/span> to <span class=\"xn-money\">$10,080,153<\/span> for the same period in 2021. Such change was the result of the combination of the changes as discussed above.<\/p>\n<p><i><u>Basic and diluted earnings per share<\/u><\/i><\/p>\n<p>Basic and diluted earnings per share were <span class=\"xn-money\">$0.49<\/span> and <span class=\"xn-money\">$0.02<\/span> for the six months ended <span class=\"xn-chron\">June 30, 2021<\/span> and 2020, respectively, representing a 1,907.4% increase.<\/p>\n<p><i><u>Cash and cash equivalents, short-term investments<\/u><\/i><\/p>\n<p>As of <span class=\"xn-chron\">June 30, 2021<\/span>, we had cash and cash equivalents as well as short-term investments in an aggregate amount of <span class=\"xn-money\">$45.1 million<\/span>, compared to <span class=\"xn-money\">$25.1 million<\/span> as of <span class=\"xn-chron\">December 31, 2020<\/span>.<\/p>\n<p><i><u>Leases<\/u><\/i><\/p>\n<p>The Company adopted ASU 2016-02 on January&nbsp;1, 2021 and recognized operating lease liabilities of approximately <span class=\"xn-money\">$21,000<\/span>, with corresponding right-of-use assets of approximately <span class=\"xn-money\">$23,000<\/span> based on the present value of the remaining minimum rental payments for existing operating leases with a remaining term longer than 12 months.<\/p>\n<p><b>About Oriental Culture Holding LTD<\/b><\/p>\n<p>Oriental Culture Holding LTD is an online provider of collectibles and artwork e-commerce services, which allow collectors, artists, art dealers and owners to access an art and collectibles trading market with a wider range of collectibles and artwork investors. Through its subsidiaries in <span class=\"xn-location\">Hong Kong<\/span>, the Company provides trading facilitation for individual and institutional customers of all kinds of collectibles, artwork and certain commodities on its online platforms, as well as online and offline integrated marketing, storage and technical maintenance service to customers through its VIE and the subsidiaries of its VIE in <span class=\"xn-location\">China<\/span>. For more information about the Company, please visit:&nbsp;<a target=\"_blank\" href=\"http:\/\/www.ocgroup.hk\/\" rel=\"nofollow noopener\">www.ocgroup.hk<\/a>.<\/p>\n<p><b>Safe Harbor Statement<\/b><\/p>\n<p>This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as &#8220;may, &#8220;will, &#8220;intend,&#8221; &#8220;should,&#8221; &#8220;believe,&#8221; &#8220;expect,&#8221; &#8220;anticipate,&#8221; &#8220;project,&#8221; &#8220;estimate&#8221; or similar expressions that do not relate solely to historical matters, it is making forward-looking statements.&nbsp; Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company&#8217;s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following:&nbsp; the Company&#8217;s goals and strategies; the Company&#8217;s future business development; financial condition and results of operations; product and service demand and acceptance; reputation and brand; the impact of competition and pricing; changes in technology; government regulations; fluctuations in general economic and business conditions in <span class=\"xn-location\">China<\/span> and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the SEC.&nbsp; For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company&#8217;s filings with the SEC, which are available for review at <a href=\"http:\/\/www.sec.gov\" rel=\"nofollow\">www.sec.gov<\/a>. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.<\/p>\n<p><b>For more information, please contact:<\/b><\/p>\n<p>IR Department<br \/>Email: <a target=\"_blank\" href=\"mailto:IR@ocgroup.hk\" rel=\"nofollow noopener\">IR@ocgroup.hk<\/a><br \/>Phone: +852- 21103909<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tbody readability=\"12.5\">\n<tr readability=\"3\">\n<td colspan=\"9\" class=\"prngen6\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>ORIENTAL CULTURE HOLDING LTD AND SUBSIDIARIES<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td colspan=\"9\" class=\"prngen6\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND <br \/>COMPREHENSIVE INCOME<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"9\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr readability=\"4.5\">\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td colspan=\"6\" nowrap=\"nowrap\" class=\"prngen3\" readability=\"6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>For the Six Months <br \/>Ended <br \/>June 30,<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2021<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2020<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>(Unaudited)<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>(Unaudited)<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">OPERATING REVENUES:<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Net revenues<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">24,331,668<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,373,250<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen13\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Net revenues &#8211; related parties<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">129,071<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">94,713<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Total operating revenues<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">24,460,739<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,467,963<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">COST OF REVENUES:<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Cost of revenues<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(789,302)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(274,477)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen13\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Cost of revenues &#8211; related party<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(608,526)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(117,947)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Total cost of revenues<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(1,397,828)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(392,424)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">GROSS PROFIT<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">23,062,911<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,075,539<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">OPERATING EXPENSES:<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Selling and marketing<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(9,896,261)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(792,527)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen13\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Selling and marketing &#8211; related party<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(341,952)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(57,935)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen13\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">General and administrative<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(3,022,333)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(945,498)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen13\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">General and administrative &#8211; related parties<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(78,716)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(27,059)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Total operating expenses<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(13,339,262)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(1,823,019)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">INCOME FROM OPERATIONS<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">9,723,649<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">252,520<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">OTHER INCOME<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen13\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Gain from short-term investment<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">45,466<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">30,445<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Interest income<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">87,251<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">84,156<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Other income, net<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">223,787<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">5,966<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Total other income, net<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">356,504<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">120,567<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen7\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">INCOME BEFORE INCOME TAXES<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">10,080,153<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">373,087<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">PROVISION FOR INCOME TAX<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">NET INCOME<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">10,080,153<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">373,087<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">OTHER COMPREHENSIVE LOSS<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen13\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Foreign currency translation adjustment<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(69,596)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen11\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(177,875)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">COMPREHENSIVE INCOME<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">10,010,557<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">195,212<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen7\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">WEIGHTED AVERAGE NUMBER OF ORDINARY SHARES<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Basic and diluted<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">20,444,712<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">15,190,000<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">EARNINGS PER SHARE<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Basic and diluted<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">0.49<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">0.02<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tbody readability=\"37\">\n<tr readability=\"3\">\n<td colspan=\"9\" class=\"prngen6\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>ORIENTAL CULTURE HOLDING LTD AND SUBSIDIARIES<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr readability=\"3\">\n<td colspan=\"9\" class=\"prngen6\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>UNAUDITED INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"9\" class=\"prngen20\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>June 30,<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>December&nbsp;31,<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2021<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen21\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2020<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>(Unaudited)<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen20\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">ASSETS<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">CURRENT ASSETS<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen13\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Cash and cash equivalents<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">42,631,671<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">24,036,174<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Short-term investment<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,426,184<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,056,286<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Accounts receivable, net<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">667,331<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">402,428<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen13\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Account receivable &#8211; related parties<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">21,827<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen13\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Other receivables and prepaid expenses<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,418,488<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">199,515<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Deposit<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">13,333,538<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Total current assets<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">47,165,501<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">39,027,941<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr readability=\"4.5\">\n<td nowrap=\"nowrap\" class=\"prngen7\" readability=\"6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">PROPERTY AND EQUIPMENT, NET<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">731,755<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">372,215<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">OTHER ASSETS<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Prepayment<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">928,778<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Escrow<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">600,000<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">600,000<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Investment<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">540,990<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">535,617<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Right-of-use assets<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">23,050<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Intangible assets, net<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">479,496<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">572,992<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Total other assets<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,572,314<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,708,609<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen23\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Total assets<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">50,469,570<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">41,108,765<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen6\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">LIABILITIES AND SHAREHOLDERS&#8217; EQUITY<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">CURRENT LIABILITIES<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Accounts payable<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3,120,176<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">4,831,394<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen13\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Accounts payable &#8211; related parties<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">106,263<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,229,381<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Deferred revenue<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3,109,528<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">243,355<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen13\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Other payables and accrued liabilities<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">330,878<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,043,383<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Lease liabilities<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">20,995<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen13\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Other payables &#8211; related parties<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">6,707<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">7,312<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Taxes payable<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">195,220<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">184,694<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen22\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Total current liabilities<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">6,889,767<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">7,539,519<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen23\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Total liabilities<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">6,889,767<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">7,539,519<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen7\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">COMMITMENTS AND CONTINGENCIES<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">SHAREHOLDERS&#8217; EQUITY<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prnsbt1 prnsbr1 prnvab prnsbb1 prntar prnpl10 prnsbl1 prnpr8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr readability=\"16.5\">\n<td nowrap=\"nowrap\" class=\"prngen18\" readability=\"14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Preferred shares, $0.00005 par value, 100,000,000 shares authorized, no shares<br \/>&nbsp; issued and outstanding as of June 30,2021 and December 31, 2020, respectively<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">&#8211;<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr readability=\"10.5\">\n<td nowrap=\"nowrap\" class=\"prngen13\" readability=\"10\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Ordinary shares, $0.00005 par value, 900,000,000 shares authorized,<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr readability=\"10.5\">\n<td nowrap=\"nowrap\" class=\"prngen22\" readability=\"10\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">30,054,712 shares issued, 20,444,712&nbsp;&nbsp;shares outstanding<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr readability=\"7.5\">\n<td nowrap=\"nowrap\" class=\"prngen22\" readability=\"8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">as of June 30, 2021 and December 31, 2020, respectively<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,503<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,503<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr readability=\"9\">\n<td nowrap=\"nowrap\" class=\"prngen13\" readability=\"9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Treasury shares, at cost, 9,610,000 shares issued<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr readability=\"7.5\">\n<td nowrap=\"nowrap\" class=\"prngen22\" readability=\"8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">as of June 30,2021 and December 31, 2020, respectively<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(481)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(481)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen13\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Additional paid-in capital<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">18,884,992<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">18,884,992<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Statutory reserves<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">112,347<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">112,347<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Retained earnings<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">23,727,923<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">13,647,770<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen13\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Accumulated other comprehensive income<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">853,519<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">923,115<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen22\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Total shareholders&#8217; equity<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">43,579,803<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">33,569,246<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td nowrap=\"nowrap\" class=\"prngen23\" readability=\"5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Total liabilities and shareholders&#8217; equity<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">50,469,570<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">41,108,765<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen16\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p id=\"PURL\"><img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CN60778&amp;sd=2021-11-02\"> View original content:<a id=\"PRNURL\" rel=\"nofollow noopener\" href=\"https:\/\/www.prnewswire.com\/news-releases\/oriental-culture-holding-ltd-announces-first-half-year-of-2021-unaudited-financial-results-301414154.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/oriental-culture-holding-ltd-announces-first-half-year-of-2021-unaudited-financial-results-301414154.html<\/a><\/p>\n<\/p><\/div>\n<p>Source: Oriental Culture Holding LTD.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HONG KONG, Nov. 2, 2021 \/PRNewswire\/ &#8212; Oriental Culture Holding LTD. (&#8220;OCG&#8221; or the &#8220;Company&#8221;) (NASDAQ: OCG), a leading online provider of collectibles and artwork e-commerce services, today announced&nbsp;its unaudited financial results for the six months ended June 30, 2021. First Half Year of 2021 Financial Highlights Total revenues were approximately $24.5 million for the [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":2235,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-2234","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Oriental Culture Holding LTD Announces First Half Year of 2021 Unaudited Financial Results - My Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/transmediavictoria.net.au\/?p=2234\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Oriental Culture Holding LTD Announces First Half Year of 2021 Unaudited Financial Results - My Blog\" \/>\n<meta property=\"og:description\" content=\"HONG KONG, Nov. 2, 2021 \/PRNewswire\/ &#8212; Oriental Culture Holding LTD. (&#8220;OCG&#8221; or the &#8220;Company&#8221;) (NASDAQ: OCG), a leading online provider of collectibles and artwork e-commerce services, today announced&nbsp;its unaudited financial results for the six months ended June 30, 2021. First Half Year of 2021 Financial Highlights Total revenues were approximately $24.5 million for the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/transmediavictoria.net.au\/?p=2234\" \/>\n<meta property=\"og:site_name\" content=\"My Blog\" \/>\n<meta property=\"article:published_time\" content=\"2021-11-02T12:59:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/transmediavictoria.net.au\/wp-content\/uploads\/2021\/11\/oriental-culture-holding-ltd-announces-first-half-year-of-2021-unaudited-financial-results.png\" \/>\n\t<meta property=\"og:image:width\" content=\"16\" \/>\n\t<meta property=\"og:image:height\" content=\"16\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"admin_tony\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin_tony\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"15 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=2234#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=2234\"},\"author\":{\"name\":\"admin_tony\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/#\\\/schema\\\/person\\\/5b51d407d652c0aa802bea269ea5d7e7\"},\"headline\":\"Oriental Culture Holding LTD Announces First Half Year of 2021 Unaudited Financial Results\",\"datePublished\":\"2021-11-02T12:59:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=2234\"},\"wordCount\":3027,\"image\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=2234#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/transmediavictoria.net.au\\\/wp-content\\\/uploads\\\/2021\\\/11\\\/oriental-culture-holding-ltd-announces-first-half-year-of-2021-unaudited-financial-results.png\",\"articleSection\":[\"Business News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=2234\",\"url\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=2234\",\"name\":\"Oriental Culture Holding LTD Announces First Half Year of 2021 Unaudited Financial Results - 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(&#8220;OCG&#8221; or the &#8220;Company&#8221;) (NASDAQ: OCG), a leading online provider of collectibles and artwork e-commerce services, today announced&nbsp;its unaudited financial results for the six months ended June 30, 2021. 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