Company: DDC
Filing Date: 2025-08-05
Form Type: F-3/A
Source: 0001213900-25-072059
Chunk: 37

Company: DDC Enterprise Ltd
Filing Date: 2025-08-05
Form: F-3/A
Chunk 37
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 Relating to Doing Business in China and Hong Kong — Enhanced scrutiny over acquisition transactions by the PRC tax          
 authorities may have a negative impact on potential acquisitions we may pursue in the future.” on page 64.                  |

| ● | PRC regulations establish complex procedures for some acquisitions                                                                      
 of Chinese companies by foreign investors, which could make it more difficult for us to pursue growth through acquisitions in China.    
 See “Risk Factors — Risks Relating to Doing Business in the PRC — PRC regulations establish                                             
 complex procedures for some acquisitions of Chinese companies by foreign investors, which could make it more difficult for us to pursue 
 growth through acquisitions in China.” on page 66.                                                                                      |

| ● | The approval of the China Securities Regulatory Commission                                                                                   
 and other PRC governmental authorities provided under the M&A rules are not required in connection with this offering, and, if required,     
 we cannot predict whether we will be able to obtain such approval. Except for the CSRC filing for this issuance and listing, we are not      
 required to obtain any permission or approval from any Chinese authority to issue securities to foreign investors or in connection with      
 this offering. We completed the CSRC filing in November 2023. However, there is no guarantee that we will continue to comply with additional 
 filing requirements, if any, in the future. See “Risk Factors — Risks Relating to Doing Business in China and                                
 Hong Kong — The approval of the China Securities Regulatory Commission and other PRC governmental authorities provided                       
 under the M&A rules are not required in connection with this offering, and, if required, we cannot predict whether we will be able           
 to obtain such approval. Except for the CSRC filing for this issuance and listing, we are not required to obtain any permission or approval  
 from any Chinese authority to issue securities to foreign investors or in connection with this offering. We completed the CSRC filing        
 in November 2023. However, there is no guarantee that we will continue to comply with additional filing requirements, if any, in the         
 future.” on page 66.                                                                                                                         |

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| ● | Changes in China’s economic, political or social conditions                                                                      
 or government policies could have a material adverse effect on our Company’s business and results of operations we may pursue in 
 the future. See “Risk Factors Risks Relating to Doing Business in China and Hong Kong — Changes in                               
 China’s economic, political or social conditions or government policies could have a