Company: DDC
Filing Date: 2025-08-05
Form Type: F-3/A
Source: 0001213900-25-072148
Chunk: 166

Company: DDC Enterprise Ltd
Filing Date: 2025-08-05
Form: F-3/A
Chunk 166
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 full and we may not require them to pay additional funds.

Any
terms of preferred share determined by our board of directors may decrease the amount of earnings and assets available for distribution
to holders of our Ordinary Shares or adversely affect the rights and power, including voting rights, of the holders of our Ordinary Shares
without any further vote or action by the shareholders. The rights of holders of our Ordinary Shares will be subject to, and may be adversely
affected by, the rights of the holders of any preferred shares that may be issued by us in the future. The issuance of preferred shares
could also have the effect of delaying or preventing a change in control of our company or make removal of management more difficult.

<div align='center'>Transfer Agent and Registrar</div>

The transfer agent and registrar
for our Class A Ordinary Shares is Equiniti Trust Company, LLC, located at 6201 15th Avenue, Brooklyn, New York, New York 11219.

<div align='center'>NYSE American Listing</div>

Our Class A Ordinary Shares
are listed on NYSE American under the symbol “DDC”.

<div align='center'>90

SELLING SHAREHOLDERS</div>

The Class A Ordinary Shares
being offered by the selling shareholders are the Shares, the Commitment Shares the ELOC Shares and those issuable to the selling shareholders
upon conversion of Notes and exercise of the Warrants. For additional information regarding the issuance of the Shares, the Commitment
Shares, the ELOC Shares, the Notes and the Warrants, see “Securities Purchase Agreement” and “ELOC Ordinary Share Purchase
Agreement” above. We are registering the Class A Ordinary Shares in order to permit the selling shareholders to offer such shares
for resale from time to time. Except for the ownership of the Class A Ordinary Shares, Notes and Warrants issued pursuant to the Securities
Purchase Agreement, and the Commitment Shares and the ELOC Shares issued and/or sold pursuant to the ELOC Agreement, the selling shareholders
have not had any material relationship with us within the past three years.

The
table below lists the selling shareholders and other information regarding the beneficial ownership (as determined under Section 13(d)
of the Securities Exchange Act of 1934, as amended, and the rules and regulations thereunder) of the Class A Ordinary Shares held by
each of the selling shareholders. The second column lists the number of Class A Ordinary Shares beneficially owned by the selling shareholders,
based on their respective ownership of Shares, Commit