Company: DDC
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-043916
Chunk: 190

Company: DDC Enterprise Ltd
Filing Date: 2025-05-15
Form: 20-F
Item: Item 16G
Chunk 190
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Item 16G. Corporate Governance

As an exempted company incorporated
in the Cayman Islands and listed on NYSE American, we are subject to corporate governance listing standards of NYSE American. However,
the NYSE American rules permit a foreign private issuer like us to follow the corporate governance practices of its home country. Certain
corporate governance practices in the Cayman Islands, which is our home country, may differ significantly from the Nasdaq corporate governance
listing standards. We currently intend to follow Cayman Islands corporate governance practices in lieu of the corporate governance requirements
of the NYSE American that listed companies must have: (i) a majority of independent directors; (ii) a nominating/corporate governance
committee composed entirely of independent directors; and (iii) a majority of independent directors and that the audit committee consist
of at least three members. and (iv) pursuant to NYSE American Company Guide Rule 713 and opinion of Cayman Islands counsel, shareholder
approval for issuances of shares equal to or exceeding 20% of outstanding shares. To the extent that we choose to follow home country
practice in the future, our shareholders may be afforded less protection than they otherwise would enjoy under NYSE corporate governance
listing standards applicable to U. S. domestic issuers. See “ Item 3. Key Information - 3. D. Risk Factors - - As an exempted
company incorporated in the Cayman Islands, we are permitted to adopt certain home country practices in relation to corporate governance
matters that differ significantly from the NYSE American corporate governance listing standards. These practices may afford less protection
to shareholders than they would enjoy if we complied fully with the NYSE American corporate governance listing standards. “

Item 16H. Mine Safety Disclosure