Company: DDC
Filing Date: 2025-10-24
Form Type: F-1
Source: 0001213900-25-102214
Chunk: 311

Company: DDC Enterprise Ltd
Filing Date: 2025-10-24
Form: F-1
Chunk 311
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 Mr. Derek Kennedy. As of July 1, 2023 (the acquisition date), US$125,051 (equivalent to RMB871,518) was repaid, the outstanding long -termbank borrowings balance repayable within the next twelve months amount of US$41,911 (equivalent to RMB302,838) was classified as “current portion of long -termbank borrowings” on consolidated balance sheets, the remaining outstanding long -termbank borrowings balance was US$32,585 (equivalent to RMB235,451). US$20,741 (equivalent to RMB146,112) was repaid in the second half of 2023. As of December 31, 2023, the outstanding long -termbank borrowings balance repayable within the next twelve months amount of US$42,770 (equivalent to RMB302,928) was classified as “current portion of long -termbank borrowings” on consolidated balance sheets, the remaining outstanding long -termbank borrowings balance was US$10,984 (equivalent to RMB77,798). As of December 31, 2024, the outstanding long -termbank borrowings balance repayable within the next twelve months amount of US$9,881 (equivalent to RMB71,029) was classified as “current portion of long -termbank borrowings” on consolidated balance sheets. The remaining outstanding long -termbank borrowings balance was nil. In December 2024, the Company entered into a number of three -yearloan agreements with WeBank for general working capital purposes, with total principal amount of RMB38,087 and would mature in December 2027, bearing an interest rate of 22.27% - 32% per annum. The loans were guaranteed by Ms. Wang Xiaoxiao. The outstanding principal thereon of this loan shall be repaid by 36 equal monthly instalments. RMB417 was repaid in 2024. As of December 31, 2024, the outstanding long -termbank borrowings and interest balance repayable within the next twelve months amounted to RMB14,223 were classified as “current portion of long -termbank borrowings” on the consolidated balance sheets. The remaining outstanding long -termbank borrowings and interest balance was RMB23,447 as of December 31, 2024. F-51

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