Company: DDC
Filing Date: 2025-07-22
Form Type: F-3
Source: 0001213900-25-066338
Chunk: 126

Company: DDC Enterprise Ltd
Filing Date: 2025-07-22
Form: F-3
Chunk 126
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 and overseas regulators, any other documents and materials that, if leaked, will be detrimental to national security or public
interest, shall strictly fulfill relevant procedures stipulated by applicable national regulations. Any failure or perceived failure by
our Company or our PRC subsidiaries to comply with the above confidentiality and archives administration requirements under the revised
Provisions and other PRC laws and regulations may result in the relevant entities being held legally liable by competent authorities and
referred to the judicial organ to be investigated for criminal liability if suspected of committing a crime.

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The Opinions, the Trial Measures,
the Guidance Rules and Notice, the revised Provisions, and any related implementation rules to be enacted may subject us to additional
compliance requirement in the future. Any failure of us to complete further filings or any other relevant regulatory procedures regarding
the issuance and listing of our securities in a timely manner will completely hinder our ability to offer or continue to offer our Class
A Ordinary Shares, cause significant disruption to our business operations, and severely damage our reputation, which would materially
and adversely affect our financial condition and results of operations and cause our Class A Ordinary Shares to significantly decline
in value or become worthless.

As of the date of the Annual
Report, we believe that no prior permission is required under the M&A Rules, the Opinions or other PRC laws and regulations from any
PRC governmental authorities for the listing and trading of our securities on the NYSE American, given that: (a) the CSRC currently
has not issued any definitive rule or interpretation concerning whether offerings like ours under the Annual Report are subject to the
M&A Rules; (b) DDC Cayman is a company incorporated under the laws of the Cayman Islands controlled by non-PRC citizens, and
we do not fit into the definition of “overseas special purpose vehicle” under the M&A Rules and (c) we have never
conducted any merger or acquisitions of any PRC domestic companies with a related party relationship as prescribed in the M&A Rules.
We also believe that MOFCOM’s approval under the M&A Rules is not required as we have never conducted any merger or acquisitions
of any PRC domestic companies with a related party relationship as prescribed in the M&A Rules. However, we cannot assure you that
relevant PRC governmental agencies, including the CSRC, would reach the same conclusion as we do. If we or our subsidiaries inadvertently
conclude that such permissions or approvals are not