Company: DDC
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-043916
Chunk: 144

Company: DDC Enterprise Ltd
Filing Date: 2025-05-15
Form: 20-F
Item: Item 6
Chunk 144
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 plans, programs or other similar arrangements;  

  reviewing executive officer and director indemnification and insurance matters; and  

  overseeing our regulatory compliance with respect to compensation matters, including our policies on restrictions on compensation plans and loans to directors and executive officers.  

Nominating
and Corporate Governance Committee.

Our nominating and corporate
governance committee consist of our three independent directors, and is chaired by Mr. Matthew Gene Mouw. We have determined that
he satisfies the “independence” requirements of Section 303A of the NYSE Corporate Governance Rules. The nominating and
corporate governance committee assists the board in selecting individuals qualified to become our directors and in determining the composition
of the board and its committees. The nominating and corporate governance committee is responsible for, among other things:

  recommending nominees to the board for election or re-election to the board, or for appointment to fill any vacancy on the board;  

  reviewing annually with the board the current composition of the board with regards to characteristics such as independence, knowledge, skills, experience, expertise, diversity and availability...  

  developing and recommending to our board such policies and procedures with respect to nomination or appointment of members of our board and chairs and members of its committees or other corpora...  
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  selecting and recommending to the board the names of directors to serve as members of the audit committee and the compensation committee, as well as of the nominating and corporate governance c...  

  evaluating the performance and effectiveness of the board as a whole.  

Duties of Directors

Under Cayman Islands law,
our board of directors has the powers necessary for managing, and for directing and supervising, our business affairs. The functions and
powers of our board of directors include, among others:

  convening shareholders’ annual and extraordinary general meetings and reporting its work to shareholders at such meetings;  

  declaring dividends and distributions;  

  appointing officers and determining the term of office of the officers;  

  exercising the borrowing powers of our company and mortgaging the property of our company; and  

  approving the transfer of shares in our company, including the registration of such shares in our share register.  

Under Cayman Islands law,
directors owe the following fiduciary duties: (i) duty to act in good faith in what the director believes to be in the best interests
of the company