Company: DDC
Filing Date: 2025-07-22
Form Type: F-3
Source: 0001213900-25-066342
Chunk: 39

Company: DDC Enterprise Ltd
Filing Date: 2025-07-22
Form: F-3
Chunk 39
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 subject to Exchange Act reporting obligations that permit less detailed 
 and less frequent reporting than that of a U.S. domestic public company.                                                       |

| ● | As a foreign private issuer, we are permitted to adopt certain                                                                                 
 home country practices in relation to corporate governance matters that differ significantly from NYSE corporate governance listing standards. 
 These practices may afford less protection to shareholders than they would enjoy if we complied fully with corporate governance listing        
 standards.                                                                                                                                     |

| ● | There can be no assurance that we will not be a passive foreign                                                                    
 investment company, or PFIC, for U.S. federal income tax purposes for any taxable year, which could result in adverse U.S. federal 
 income tax consequences to U.S. holders of our Class A Ordinary Shares.                                                            |

| ● | We may lose our foreign private issuer status in the future,     
 which could result in significant additional costs and expenses. |

| ● | Failure to comply with anticorruption and anti-money laundering                                                                  
 laws, including the FCPA and similar laws associated with activities outside of the United States, could subject us to penalties 
 and other adverse consequences.                                                                                                  |

| ● | We expect to incur significant additional costs as a result                                                                       
 of being a public company, which may materially and adversely affect our business, financial condition and results of operations. |

| ● | Securities analysts may not publish favorable research or                                                                        
 reports about our business or may publish no information at all, which could cause our stock price or trading volume to decline. |

| ● | Recently introduced economic substance legislation of the 
 Cayman Islands may impact us and our operations.          |

<div align='center'>21

RISK FACTORS</div>

You should carefully consider the risk factors set forth below and
under “Risk Factors” described in our most recent annual report on Form 20-F, filed on May 15, 2025 (the “Annual Report”),
together with all other information contained or incorporated by reference in this prospectus and any applicable prospectus supplement
and in any related free writing prospectus in connection with a specific offering, before making an investment decision. Each of the risk
factors could materially and adversely affect our business, operating results, financial condition and prospects, as well as the value
of an investment in our securities, and the occurrence of any of these risks might cause you to lose all or part of your investment. If
any of the following events actually occur, our business, operating results, prospects or financial condition could