Company: DDC
Filing Date: 2025-10-24
Form Type: F-1
Source: 0001213900-25-102214
Chunk: 351

Company: DDC Enterprise Ltd
Filing Date: 2025-10-24
Form: F-1
Chunk 351
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 by the Company. In May 2024, Ms. Norma Ka Yin Chu and a professional guarantee institution provided a guarantee amount of RMB10,000,000 for a one -yearloan of RMB10,000,000 borrowed by the Company. In June 2024, Ms. Norma Ka Yin Chu provided a guarantee amount of RMB10,000,000 for a one -yearloan of RMB10,000,000 borrowed by the Company. Related party balances The outstanding balances mainly arising from the above transactions as of December 31, 2023 and 2024 are as follows:

|                                          |     | As of December 31, |     |         |
|                                          |     |               2023 |     |    2024 |
|                                          |     |                RMB |     |     RMB |
| Amounts due to Mr. Samuel Derk Shuen Lim |     |         14,231,755 |     |       — |
| Amounts due to Ms. Norma Ka Yin Chu      |     |          3,373,939 |     | 165,531 |
| Amounts due to Mr. Siu Wo Chu            |     |                  — |     | 325,557 |
| Amounts due to related parties           |     |         17,605,694 |     | 491,088 |

During the years ended December 31, 2023 and 2024, loans due to shareholders were described in note 17. 28. RESTRICTED NET ASSETS The Company’s subsidiaries incorporated in the PRC are required to annually appropriate 10% of their after -taxprofit calculated in accordance with GAAP of the People’s Republic of China (“PRC GAAP”) to a general reserve fund unless such funds have reached 50% of their respective registered capital. The Company’s VIEs incorporated in the PRC are also required to annually appropriate 10% of their after -taxprofit calculated in accordance with PRC GAAP to a statutory surplus fund unless such funds have reached 50% of their respective registered capital. In addition, the Company’s subsidiaries, the VIEs can also, at their discretion, appropriate the enterprise expansion fund and discretionary surplus fund, prior to payment of dividends. Furthermore, the Company’s subsidiaries, the VIEs cannot distribute dividends out of their respective registered capital without the prior governmental approvals. Except for the registered capital and statutory reserve requirements stated above, there is no other