Company: DDC
Filing Date: 2025-10-24
Form Type: F-1
Source: 0001213900-25-102214
Chunk: 309

Company: DDC Enterprise Ltd
Filing Date: 2025-10-24
Form: F-1
Chunk 309
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 June 2025, bearing an interest rate of 9.72% per annum. This loan was guaranteed by Mr. Ding Lichun. The outstanding principal thereon of this loan shall be repaid by 24 equal monthly instalments. RMB47,143 and RMB188,571 were repaid in 2023 and 2024. As of December 31, 2023, the outstanding long -termbank borrowings and interest balance repayable within the next twelve months amounted to RMB188,571 was classified as “current portion of long -termbank borrowings” on the consolidated balance sheets. The remaining outstanding long -termbank borrowings and interest balance was RMB94,286. As of December 31, 2024, the outstanding long -termbank borrowings and interest balance repayable within the next twelve months amounted to RMB94,286 was classified as “current portion of long -termbank borrowings” on the consolidated balance sheets. The remaining outstanding long -termbank borrowings and interest balance was nil. F-50 DDC ENTERPRISE LIMITED
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 13. BANK BORROWINGS (cont.) In July 2023, the Company entered into a two -yearloan agreement with WeBank for general working capital purposes, with total principal amount of RMB1,200,000 and would mature in July 2025, bearing an interest rate of 12.24% per annum. The outstanding principal thereon of this loan shall be repaid by 24 equal monthly instalments. RMB114,286 was repaid in 2023. As of December 31, 2023, the outstanding long -termbank borrowings and interest balance repayable within the next twelve months amounted to RMB685,715 was classified as “current portion of long -termbank borrowings” on the consolidated balance sheets. The remaining outstanding long -termbank borrowings and interest balance was RMB399,999. As of December 31, 2024, the borrowing was fully repaid and the remaining outstanding long -termbank borrowings balance was nil. 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 (