Oriental Culture

Oriental Culture shifts its business model from operating its own e‑commerce platform to service‑oriented offerings for third‑party platforms. The company plans to expand three core businesses in China through its subsidiaries: technical support services, warehousing and custody services for cultural and art objects, and a property leasing business. Complementary services such as art appraisal and grading will be expanded; according to the company, the segments are based on existing partnerships and already generate cash flows. Management views the realignment as a diversification of revenue sources and a way to create long‑term value for shareholders. » More on de.investing.com