Company: DDC
Filing Date: 2025-08-05
Form Type: F-3/A
Source: 0001213900-25-072148
Chunk: 157

Company: DDC Enterprise Ltd
Filing Date: 2025-08-05
Form: F-3/A
Chunk 157
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 which in turn could cause our stock price or trading volume to decline and result in the loss of
all or a part of your investment in us.

Recently introduced economic substance legislation of the Cayman Islands may impact us and our operations.

The Cayman Islands, together
with several other non-European Union jurisdictions, has recently introduced legislation aimed at addressing concerns raised by the Council
of the European Union as to offshore structures engaged in certain activities which attract profits without real economic activity. With
effect from January 1, 2019, the International Tax Co-operation (Economic Substance) Act (Revised), or the Substance Law, and issued
Regulations and Guidance Notes came into force in the Cayman Islands introducing certain economic substance requirements for “relevant
entities” which are engaged in certain “relevant activities,” which in the case of exempted companies incorporated before
January 1, 2019, will apply in respect of financial years commencing July 1, 2019 and onwards. A “relevant entity”
includes an exempted company incorporated in the Cayman Islands, as is DDC Cayman; however, it is anticipated that our Company may remain
out of scope of the legislation or else be subject to more limited substance requirements. Although it is presently anticipated that the
Substance Law will have little material impact on us and our operations, as the legislation is new and remains subject to further clarification
and interpretation, it is not currently possible to ascertain the precise impact of these legislative changes on us and our operations.

<div align='center'>USE OF PROCEEDS</div>

We will not receive any of
the proceeds from any sale of Class A Ordinary Shares by the selling shareholders, or by its pledgees, donees, transferees or other successors
in interest.

<div align='center'>DILUTION</div>

If required, we will set forth
in a prospectus supplement the following information regarding any material dilution of the equity interests of investors purchasing securities
in an offering under this prospectus:

| ● | the net tangible book value per share of our equity securities before and after the offering;                                                  |
| ● | the amount of the increase in such net tangible book value per share attributable to the cash payments made by purchasers in the offering; and |
| ● | the amount of the immediate dilution from the public offering price which will be absorbed by such purchasers.                                 |

<div align='center'>DESCRIPTION OF SHARE CAPITAL</div>

The following description
of our share capital (which includes