Company: DDC
Filing Date: 2025-10-24
Form Type: F-1
Source: 0001213900-25-102214
Chunk: 153

Company: DDC Enterprise Ltd
Filing Date: 2025-10-24
Form: F-1
Chunk 153
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 December 31, 2024, the outstanding long -termbank borrowings balance repayable within the next twelve months amount of HK$274,485 (equivalent to RMB254,173) was classified as “current portion of long -termbank borrowings” on the consolidated balance sheets, the remaining outstanding long -termbank borrowings balance was HK$1,083,004 (equivalent to RMB1,002,862). In September 2023, the Company entered into a ten -yearterm facility with Nanyang Commercial Bank (“NCB”), which allows the Company to draw borrowings up to HK$4,550,000 for general working capital purposes. HK$4,550,000 (equivalent to RMB4,123,210 as of December 31, 2023) was drawn from this facility in October 2023 and would mature in October 2033, at an interest rate of 3.625% per annum, and the outstanding principal and interest accrued thereon of this facility shall be repaid by 120 equal monthly instalments, commencing 1 months after the drawdown date. This facility was guaranteed by Mr. Samuel Derk Shuen Lim, Mr. Lin Kai Hang, Mr. Sio Ieng Kit, Mr. Tang Wai Cheung and Ms. Norma Ka Yin Chu for each guaranteed amount of HK$4,550,000. HK$63,048 (equivalent to RMB57,613) and HK$387,514 (equivalent to RMB358,838) was repaid in 2023and 2024. As of December 31, 2023, the outstanding long -termbank borrowings balance repayable within the next twelve months amount of HK$386,413 (equivalent to RMB350,168) was classified as “current portion of long -termbank borrowings” on consolidated balance sheets, the remaining outstanding long -termbank borrowings balance was HK$4,100,539 (equivalent to RMB3,715,908). As of December 31, 2024, the outstanding long -termbank borrowings balance repayable within the next twelve months amount of HK$387,514 (equivalent to RMB358,838) was classified as “current portion of long -termbank borrowings” on consolidated balance sheets, the remaining outstanding long -termbank borrowings balance was HK$3,