Company: DDC
Filing Date: 2025-07-22
Form Type: F-3
Source: 0001213900-25-066338
Chunk: 10

Company: DDC Enterprise Ltd
Filing Date: 2025-07-22
Form: F-3
Chunk 10
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 ● | “Macau” refers to Macau Special Administrative Region of the People’s Republic of China.                                                                                                              |
| ● | “mainland China,” “PRC” or “China” refers to the People’s Republic of China, excluding, for the sole purpose of this prospectus, Hong Kong, Macau and Taiwan, unless the context otherwise indicates. |
|   | “Ordinary Shares” refers to our Class A Ordinary Shares and our Class B Ordinary Shares, taken together.                                                                                              |
| ● | “RMB” or “Renminbi” refers to the legal currency of China.                                                                                                                                            |
| ● | “paid customers”, with respect to a certain point of time, refers to the Company’s current and past customers who had, as of that point of time, purchased product or service from the Company.       |
| ● | “SEC” means the United States Securities and Exchange Commission;                                                                                                                                     |

| ● | “US$,” “U.S. dollars,” “$” and “dollars” refer to the legal currency of the United States; and |

| ● | “we”, “us”, “our company” and “our” refer to DDC Enterprise Limited and its consolidated subsidiaries. We conduct operations in China through our subsidiaries. |

<div align='center'>iii

NOTE REGARDING FORWARD-LOOKING STATEMENTS</div>

This prospectus and our SEC filings that are incorporated
by reference into this prospectus contain or incorporate by reference forward-looking statements within the meaning of Section 27A of
the Securities Act and Section 21E of the Exchange Act. All statements other than statements of historical fact are “forward-looking
statements,” including any projections of earnings, revenue or other financial items, any statements of the plans, strategies and
objectives of management for future operations, any statements concerning proposed new projects or other developments, any statements
regarding future economic conditions or performance, any statements of management’s beliefs, goals, strategies, intentions and objectives,
and any statements of assumptions underlying any of the foregoing. The words “believe,” “anticipate,” “estimate,”
“plan,” “expect,” “intend,” “may,” “could,” “should,” “potential,”
“likely,” “projects,” “continue,” “will,” and “would” and similar expressions
are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking
statements reflect our current views with respect to future events, are based