Company: DDC
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-043916
Chunk: 305

Company: DDC Enterprise Ltd
Filing Date: 2025-05-15
Form: 20-F
Item: Item 19
Chunk 305
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 and/or share equivalent. On December 18, 2024 the HK Court rendered judgment ordering the Company
to pay US$584,361or its HKD equivalent, plus interest and fixed costs at HKD11,045. On January 16, 2025, Plaintiff served a statutory
demand under HK law against DDC in which it threatened to wind up the Company. Plaintiff has commenced a court proceeding in New York
to recognize and enforce the HK court judgment.

On November 7, 2024, Plaintiff Yosemite Protein
Products, Inc., a supplier of the Company filed an action against Cook San Francisco, LLC. The supplier asserted claims for breach of
contract of US$126,352.56. The Company filed an answer to the complaint and intends to defend itself in the lawsuit.

On October 18, 2024, CorProminence LLC (“ Core IR”) sued
the Company for breach of contract in connection with claims arising from the Company’s alleged breach of a Marketing and Consulting
Agreement with Core IR and other alleged promises to pay certain sums to Core IR. Core IR seeks damages of approximately $530,000. The
Company has answered the Complaint and denied the allegations, and the case is now in discovery.

F-104