Company: DDC
Filing Date: 2025-10-24
Form Type: F-1
Source: 0001213900-25-102214
Chunk: 162

Company: DDC Enterprise Ltd
Filing Date: 2025-10-24
Form: F-1
Chunk 162
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 digital assets that utilize consensus mechanisms other than proof -of -workmining, which is employed by the Bitcoin network. For example, in late 2022, the Ethereum network transitioned to a “proof -of -stake” mechanism for validating transactions that requires significantly less computing power than proof -of -workmining. Other alternative digital assets include “stablecoins,” which are designed to maintain a constant price because of their issuers’ promise to hold high -qualityliquid assets (such as U.S. dollar deposits and short -termU.S. treasury securities) equal to the total value of stablecoins in circulation. Additionally, central banks in some countries have started to introduce digital forms of legal tender. For example, China’s central bank digital currency (“CBDC”) project was made available to consumers in January 2022, and governments including the United States and the European Union have discussed the potential creation of new CBDCs. For a discussion of risks relating to the emergence of other digital assets, see “Risk Factors — Risks Related to Our Bitcoin Strategy and Holdings — The emergence or growth of other digital assets, including those with significant private or public sector backing, could have a negative impact on the price of bitcoin and adversely affect our business.” 98 BUSINESS Overview Food Innovation Our omni -channel(online and offline) sales, end -to -end(“E2E”) product development and distribution strategy, and data analytics capabilities enable us to successfully identify, assess, and pivot to cater to changing consumer preferences and trends across multiple customer segments and price -points. From a product distribution standpoint, we have created a network of direct -to -customer(“D2C”), retailer, and wholesaler sale options. •We operate in the Mainland China market but are actively expanding into international markets including but not limited to the United States; •We own multiple brands in our portfolio that provide convenient meal solution products to a wide range of consumers. We are actively looking for acquisition opportunities in complimentary brands in the Asian food and cooking categories as well as targets that can strengthen the company’s network of sales distribution; and •We have access to a network of offline point -of -sales(“POS”) through partnerships with a network of distributors to drive retail network sales performance. Equally important, we have selective direct -to -consumere -commerceplatform and e -commerceplatform operations that drive online sales performance. Bitcoin Treasury We believe that bitcoin is an attractive asset because (i) it can serve as a store of value