Company: DDC
Filing Date: 2025-10-24
Form Type: F-1
Source: 0001213900-25-102214
Chunk: 13

Company: DDC Enterprise Ltd
Filing Date: 2025-10-24
Form: F-1
Chunk 13
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 •Regulation Fair Disclosure (“ Regulation FD”), which regulates selective disclosures of material information by issuers. Foreign private issuers, like emerging growth companies, are also exempt from certain more stringent executive compensation disclosure rules. Thus, if we remain a foreign private issuer, even if we no longer qualify as an emerging growth company, we will continue to be exempt from the more stringent compensation disclosures required of public companies that are neither an emerging growth company nor a foreign private issuer. We may take advantage of these exemptions until such time as we are no longer a foreign private issuer. We are required to determine our status as a foreign private issuer on an annual basis at the end of our second fiscal quarter. We would cease to be a foreign private issuer at such time as more than 50% of our outstanding voting securities are held by U.S. residents and any of the following three circumstances apply: •the majority of our executive officers or directors are U.S. citizens or residents; •more than 50% of our assets are located in the United States; or •our business is administered principally in the United States. In determining whether more than 50% of our outstanding voting securities are held by U.S. residents, we will examine the record ownership of brokers, dealers, banks, or nominees holding securities for the accounts of their customers and any beneficial ownership reports or other information available to us in the U.S. and Cayman 6 Islands (our home jurisdiction). If more than 50% of our outstanding voting securities (i.e. sum of outstanding Class A Ordinary Shares and Class B Ordinary Shares, each counting as one share) are held by U.S. residents and any of the above three circumstances apply, we would cease to be a foreign private issuer. Conventions Which Apply to this Prospectus Unless otherwise indicated or the context otherwise requires in this prospectus: •“Companies Act” refers to the Companies Act (As Revised) of the Cayman Islands; •“Company” or “DDC” refers to DDC Enterprise Limited, an exempted company incorporated in the Cayman Islands with limited liability; •“Class A Ordinary Shares” refers to the Class A ordinary shares of par value of US$0.4 per share in the capital of the Company; •“HKD” or “HK$” refers to the legal currency of Hong Kong; •“Hong Kong” refers to Hong Kong Special Administrative Region of the People’s Republic of China. •“Macau” refers to Macau Special Administrative Region of the People’s Republic