Company: DDC
Filing Date: 2025-10-24
Form Type: F-1
Source: 0001213900-25-102214
Chunk: 298

Company: DDC Enterprise Ltd
Filing Date: 2025-10-24
Form: F-1
Chunk 298
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 of the allowance for inventory valuation is as follows:

|                                      |     | For the Years Ended December 31, |   |     |          |   |     |            |   |
|                                      |     |                             2022 |   |     |     2023 |   |     |       2024 |   |
|                                      |     |                              RMB |   |     |      RMB |   |     |        RMB |   |
| Balance at the beginning of the year |     |                          (59,960 | ) |     | (181,499 | ) |     |   (677,465 | ) |
| Current year provision               |     |                         (149,075 | ) |     | (802,807 | ) |     | (4,887,040 | ) |
| Write-downs                          |     |                           27,536 |   |     |  306,841 |   |     |  4,282,663 |   |
| Balance at the end of the year       |     |                         (181,499 | ) |     | (677,465 | ) |     | (1,281,842 | ) |

Write -downsof RMB27,536, RMB306,841 and RMB4,282,663 were made to the inventories and recorded in cost of revenues for the years ended December 31, 2022, 2023 and 2024, respectively. Provisions of RMB149,075, RMB802,807 and RMB4,887,040 were made to the inventories for the year ended December 31, 2022, 2023 and 2024. For the years ended December 31, 2022, 2023 and 2024, the Company received insurance proceeds of RMB0.5 million, nil and nil for claims of unharvested crop. These insurance proceeds are included as a reduction to “cost of revenues” in the consolidated statements of operations and comprehensive loss.

F-42

DDC ENTERPRISE LIMITED
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 7. PREPAYMENTS AND OTHER CURRENT ASSETS Prepayments and other current assets as of December 31, 2023 and 2024 consisted of the following:

|                                                                   |     | As of December 31, |     |             |
|                                                                   |     |               2023 |     |        2024 |