Antique Chinese Carved Wood Stand

Unusual carving. 

Seems to be carved out of one piece of wood.
Very solid and sturdy.

Inner diameter: 5 3/8 inch
(so any vase/statue with base same size or smaller can fit);
1 1/2 inch tall

Nice condition, with no chips or cracks.

Looks old, older than most we see today. ~ from mid 1800's 
There are series of holes along the wavy rim.  These holes are carved at ~45 degree angle (not directly down).
There is also a hole at the center.

Check all pictures.