Company: DDC
Filing Date: 2025-08-05
Form Type: F-3/A
Source: 0001213900-25-072148
Chunk: 146

Company: DDC Enterprise Ltd
Filing Date: 2025-08-05
Form: F-3/A
Chunk 146
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 stock”, subject
to certain exceptions, which is subject to various regulations involving disclosures to be given to you prior to the purchase of any penny
stock. The SEC has adopted regulations which generally define a “penny stock” to be any equity security that has a market
price of less than $5.00 per share, subject to certain exceptions. Depending on market fluctuations, our Class A Ordinary Shares could
be considered to be a “penny stock”, subject to certain exceptions. A penny stock is subject to rules that impose additional
sales practice requirements on broker/dealers who sell these securities to persons other than established members and accredited investors.
For transactions covered by these rules, the broker/dealer must make a special suitability determination for the purchase of these securities.
In addition, a broker/dealer must receive the purchaser’s written consent to the transaction prior to the purchase and must also
provide certain written disclosures to the purchaser. Consequently, the “penny stock” rules may restrict the ability of broker/dealers
to sell our Class A Ordinary Shares, and may negatively affect the ability of holders of shares of our Class A Ordinary Shares to resell
them, if the “penny stock” rules apply. These disclosures require you to acknowledge that you understand the risks associated
with buying penny stocks and that you can absorb the loss of your entire investment. Penny stocks generally do not have a very high trading
volume. Consequently, the price of the stock is often volatile and you may not be able to buy or sell the stock when you want to.

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Our share price may be volatile and may fluctuate.

The factors below may also
have a material adverse effect on the market price of our Class A Ordinary Shares:

| ● | fluctuations in our results of operations; |

| ● | our ability to enter new markets; |

| ● | negative publicity; |

| ● | changes in securities or industry analyst recommendations regarding our company, the sectors in which we operate, the securities market generally and conditions in the financial markets; |

| ● | regulatory developments affecting our industry; |

| ● | announcements of studies and reports relating to our products or those of our competitors; |

| ● | changes in economic performance or market valuations of our competitors; |

| ● | actual or anticipated fluctuations in our quarterly results; |

| ● | conditions in the industries in which we operate; |

| ● | announcements by us or our competitors of new products, acquisitions, strategic relations, joint ventures or capital commitments