Company: DDC
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-043916
Chunk: 196

Company: DDC Enterprise Ltd
Filing Date: 2025-05-15
Form: 20-F
Item: Item 19
Chunk 196
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,647,327      ( 328,903,999      ( 166,454,876                       ( 22,804,226  
  Net loss per ordinary share                                                                                                                                                                                                                       
  — Basic and diluted – Class A                                                                             24                                                    ( 42.32            ( 38.29             ( 4.82                             ( 0.66  
  — Basic and diluted – Class B                                                                                                                                         -                  -                                                        
  Weighted average number of ordinary shares outstanding used in computing net loss per ordinary share                                                                                                                                              
  — Basic and diluted – Class A                                                                             24                                                  5,461,443          7,219,584         35,334,758                         35,334,758  
  — Basic and diluted – Class B                                                                                                                                   875,000            875,000            875,000                            875,000  

The accompanying notes are an integral part of
these consolidated financial statements.

F-7

DDC ENTERPRISE LIMITED

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’
EQUITY

FOR THE YEARS ENDED DECEMBER 31, 2022

                                                                                                                                  Additional                                                                                 
                                                                                                                                  paid-in                                                                                    
                                                                                                                                  capital                                                                                    
                                                                                                                                  RMB                                                                                        
  Issuance of class A ordinary shares in connection with exercise of share options                    361,614        38,724                       -                             38,724      -                        38,724  
  Share-based compensation                                                                            -              -                            -                         34,792,255      -                    34,792,255  
  Incremental cost of share options modified in connection with deconsolidation of Farm Entities      -              -                            -                          1,424,721      -                     1,424,721  
  Business combinations                                                                               -              -                            -                                  -      14,412,584           14,412,584  
  Accretion of redeemable convertible preferred shares                                                -              -                            ( 72,872,633           ( 109,089,609      -                 ( 109,089,609  
  Net loss                                                                                            -              -                            ( 122,025,640          ( 122,025,640      ( 222,968         ( 122,248,608  
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Balance as of                                                                                       5