Company: DDC
Filing Date: 2025-01-28
Form Type: 20-F
Source: 0001213900-25-007160
Chunk: 326

Company: DDC Enterprise Ltd
Filing Date: 2025-01-28
Form: 20-F
Item: Item 19
Chunk 326
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250,000with an interest rate of3% per annum from Ms. Katherine Shuk Kwan Lui. The loan was fully repaid in December 2021.

In December 2021, the Company borrowed HK$3,000,000(equivalent to RMB2,460,000) with an interest rate of2% per annum from Mr. Samuel Derk Shuen Lim. The loan was fully repaid in December
2021.

In January 2022, the Company borrowed HK$1,960,000(equivalent to RMB1,592,108) with an interest rate of3% per annum from Mr. Samuel Derk Shuen Lim and the loan was outstanding as
of December 31, 2022 and 2023, respectively.

In April 2022, the company borrowed an interest-free
loan of RMB57,000from Ms. Norma Ka Yin Chu. The loan was fully repaid in December 2022.

In April 2022, the company borrowed an interest
free loan of HK$1,500,000(equivalent to RMB1,200,850) from Mr. Samuel Derk Shuen Lim and fully repaid in July 2022.

In April 2022, the Company borrowed an interest-free
loan of HK$900,000(equivalent to RMB759,060) from Ms. Norma Ka Yin Chu and the loan was fully repaid in 2023.

In May 2022, the company borrowed RMB500,000with an interest rate of5% per annum from Ms. Katherine Shuk Kwan Lui. The loan was fully repaid in June 2022.

F-111

28. RELATED PARTY TRANSACTIONS(cont.)

In May 2022, the Company borrowed HK$8,000,000(equivalent to RMB6,916,800) included fully interest expense of HK$900,000(equivalent RMB778,140) from Mr. Samuel Derk Shuen Lim, the
Company received HK$7,100,000(equivalent to RMB6,138,660) in total. The Company repaid HK$738,773(equivalent to RMB645,013) in the first
half of 2023 and HK$80,000(equivalent to RMB73,652) in July 2023. Loan of HK$8,000,000(equivalent to R