Company: DDC
Filing Date: 2025-08-05
Form Type: F-3/A
Source: 0001213900-25-072148
Chunk: 17

Company: DDC Enterprise Ltd
Filing Date: 2025-08-05
Form: F-3/A
Chunk 17
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 2023, the FASB
issued ASU 2023-08,“Intangibles，Goodwill
and Other-Crypto Assets (Subtopic 350-60). Accounting for and Disclosure of Crypto Assets”.
The amendments in this Update are effective for all entities for fiscal years beginning after December 15,2024, including interim periods
within those fiscal years, Early adoption is permitted for both interim and annual financial statements that have not yet been issued
(or made available for issuance). if an entity adopts the amendments in an interim period.it must adopt them as of the beginning of the
fiscal year that includes that interim period.

Our Industries

Food Innovation

We compete primarily in the
convenient meal solutions market providing RTE, RTC and RTH products to our customers. With (i) the proliferation of food delivery
service options, (ii) a shift in customer preference and behavior away from home-cooked to convenience, and (iii) an increase
in GDP per capita/overall disposable income (both in our target demographic and in-general) the demand for convenient meal solution products
including RTC/RTE products has increased significantly. Customers have also become more discerning and expect RTC/RTH/RTE products to
be of a high quality, have a higher nutritional value, and taste better when compared with other processed or semi-processed food
product categories. Typically, RTC and RTE meals are made using high-quality and seasonal ingredients with full traceability at every
stage of the food chain and a focus on nutritional value and maintaining a balanced diet is factored into the recipe and product R&D
process.

<div align='center'>4</div>

Internationally, an increasing
number of customers are in pursuit of a healthier lifestyle and favor healthier ready-to-cook products instead of RTC products of
high calories as well as healthier ready-to-eat products instead of junk food. Chinese companies in the RTC and RTE industry, because
of their well-established value chains, are able to offer RTC and RTE products of competitive prices in markets like North America
and Europe despite the additional logistic expenses. Thus, Chinese companies that are actively seeking international expansion opportunities
are well positioned to gain share in the global RTC and RTE market.

Overview of the Bitcoin Industry and Market

Bitcoin is a digital asset that is issued by and
transmitted through an open-source protocol, known as the Bitcoin protocol, collectively maintained by a peer-to-peer network of decentralized
user nodes. This network hosts a public transaction ledger, known as