Company: DDC
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-043916
Chunk: 147

Company: DDC Enterprise Ltd
Filing Date: 2025-05-15
Form: 20-F
Item: Item 7
Chunk 147
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Item 7. Major Shareholders and Related Party Transactions

7. A. Major Shareholders

Please refer to “ Item 6. Directors, Senior Management
and Employees - 6. E. Share Ownership.”

7. B. Related Party Transactions

Employment Agreements and Indemnification Agreements

See “ Item 6. Directors,
Senior Management and Employees - 6. B. Compensation - Employment Agreements and Indemnification Agreements.”

Share Incentive Plans

See “ Item 6. Directors, Senior
Management and Employees - 6. B. Compensation - Share-based Compensation.”

Other Related Party Transactions

In order to prevent risks
of conflicts of interest or the appearance of conflicts of interest, all of our directors and employees are subject to our code of business
conduct and other policies which require, among other things, that any potential transaction between us and an employee or director, their
relatives and closely connected persons and certain entities in which they, their relatives or closely connected persons have an interest
be approved in writing by an appropriate supervisor or compliance officer.

We have also adopted a new
related party transaction policy to which all of our directors, senior management and other key management personnel, all such person’s
family members, and certain other related entities shall be subject. This new policy is intended to supplement the procedures set forth
in our code of business conduct and our other corporate governance policies and does not exempt any person from more restrictive provisions
that may exist in our existing procedures and policies.

This related party transaction
policy will provide, among other things, that, unless otherwise preapproved by our board of directors:

  each related party transaction, or any material amendment or modification of a related party transaction, shall be adequately disclosed to, and reviewed and approved or ratified by, the disinte...  

  any employment relationship or similar transaction involving our directors or senior management of our company and any related compensation shall be approved by the disinterested members of our...  
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Our related party transaction
policy, code of business conduct and our other corporate governance policies are subject to periodic review and revision by our board.

Loan Arrangement with a Related Party

During the years ended December 31, 2022, 2023 and 2024, certain related
parties are as follows:

  Name of party                    Relationship                                             
  Ms. Norm