Company: DDC
Filing Date: 2025-01-28
Form Type: 20-F
Source: 0001213900-25-007160
Chunk: 200

Company: DDC Enterprise Ltd
Filing Date: 2025-01-28
Form: 20-F
Item: Item 19
Chunk 200
---
 -                            -                                  -      14,412,584           14,412,584  
  combinations                                                                                                                                                                                                   
  Accretion                                                                               -              -                            ( 72,872,633           ( 109,089,609      -                 ( 109,089,609  
  of redeemable convertible preferred shares                                                                                                                                                                     
  Net                                                                                     -              -                            ( 122,025,640          ( 122,025,640      ( 222,968         ( 122,248,608  
  loss                                                                                                                                                                                                           
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Balance                                                                                 5,276,663      546,237                      ( 1,283,142,300      ( 1,186,534,185      236,672         ( 1,186,297,513  
  Foreign                                                                                 -              -                            -                      ( 120,532,078      -                 ( 120,532,078  
  Balance                                                                                 5,638,277      584,961                      ( 1,478,040,573      ( 1,501,925,812      14,426,288      ( 1,487,499,524  

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

F-10

DDC ENTERPRISE
LIMITEDCONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY/(DEFICIT)FOR THE YEARS ENDED DECEMBER 31, 2023

 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Balance                                                                                   5,638,277       584,961        -                  ( 1,478,040,573      ( 1,501,925,812      14,426,288      ( 1,487,499,524  
  Issuance                                                                                  14,374,669      1,642,299      1,835,065,180      -                      1,778,141,994      -                 1,778,141,994  
  Surrender                                                                                 ( 180,807       ( 19,362       19,362             -                                  -      -                             -  
  Share                                                                                     -               -              1,072,031