Company: DDC
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-043916
Chunk: 148

Company: DDC Enterprise Ltd
Filing Date: 2025-05-15
Form: 20-F
Item: Item 7
Chunk 148
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 Chu              —                       789,935        —           

In 2022, Loans from Ms. Katherine
Shuk Kwan Lui including RMB500,000 and HK$200,000 (equivalent to RMB179,460) with an interest rate of 5%. Loans from Ms. Norma
Ka Yin Chu included HK$1,800,000 (equivalent to RMB1,627,866) with an interest rate of 2% per annum, and other five loans including RMB57,000,
HK$900,000 (equivalent to RMB759,060), HK$910,000 (equivalent to RMB791,849), RMB80,000 and RMB80,000 with interest-free. Loan
from Mr. Samuel Derk Shuen Lim included HK$1,960,000 (equivalent to RMB1,592,108) with an interest rate of 3% per annum, HK$8,000,000 (equivalent
to RMB6,916,800) with an interest rate of 12.7% per annum, and HK$1,500,000 (equivalent to RMB1,200,850) with interest-free.

In 2023, loans from Ms. Norma
Ka Yin Chu included HK$1,200,000 (equivalent to RMB1,065,600) with an interest rate of 2% per annum, and other three loans including HK$903,980
(equivalent to RMB832,249), HK$678,857 (equivalent to RMB625,702) and US$114,000 (equivalent to RMB822,590) with interest-free. Loans
from Ms. Katherine Shuk Kwan Lui of HKD$225,000 (equivalent to RMB206,512) was interest-free.

In 2024, Loans from Ms. Norma
Ka Yin Chu and Mr. Chu Siu Wo were interest-free.

In 2024, Ms. Norma Ka Yin
Chu converted RMB14,225,010 into the Company’s class A ordinary shares of 11,640,863, Mr. Samuel Derk Shuen Lim converted RMB19,472,050
into the Company’s class A ordinary shares of 13,588,292, and Mr. Chu Siu Wo converted RMB724,638 into the Company’s class
A ordinary shares of 126