Company: DDC
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-043916
Chunk: 120

Company: DDC Enterprise Ltd
Filing Date: 2025-05-15
Form: 20-F
Item: Item 5
Chunk 120
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 of RMB10,000,000 and would mature
in January 2025, bearing an interest rate of 3.5% per annum. This facility was guaranteed by Ms. Norma Ka Yin Chu and a subsidiary of
the Company. The borrowing was fully repaid in January 2025.

In May 2024, the Company entered into a one-year
loan agreement with Bank of Shanghai for general working capital purposes, with total principal amount of RMB10,000,000 and would mature
in May 2025, bearing an interest rate of 3.7% per annum. This facility was guaranteed by Ms. Norma Ka Yin Chu and Shanghai Administration
Center of Policy Financing Guarantee Funds for SMEs. As of December 31, 2024, the outstanding amount was RMB10,000,000.

In June 2024, the Company entered into a one-year
loan agreement with CIB for general working capital purposes, with total principal amount of RMB10,000,000 and would mature in June 2025,
bearing an interest rate of 3.15% per annum. This facility was guaranteed by Ms. Norma Ka Yin Chu. As of December 31, 2024, the outstanding
amount was RMB10,000,000.

In September 2024, Yuli entered into a one-year
loan agreements with Zhejiang Tailong Commercial Bank (“ Tailong Bank”), with total principal amount of RMB3,000,000 and would
mature in October 2025, bearing an interest rate of 4.8% per annum. This facility was guaranteed by Ms. Chen di, Mr. Zhang Yi, Mr. Lin
Jianfeng, Ms. Shen Zhouzhou and Mr. Guo Yujie. As of December 31, 2024, the outstanding amount was RMB3,000,000.

In September 2024, Lishang entered into a one-year
loan agreements with BOC, with total principal amount of RMB3,500,000 and would mature in September 2025, bearing an interest rate of
3.4% per annum. As of December 31, 2024, the outstanding amount was RMB3,500,000.

In November 2024, Yuli entered into a one-year
loan agreements with ICBC, with total principal amount of RMB1,500,000 and would mature in November 2025, bearing an