Company: DDC
Filing Date: 2025-01-28
Form Type: 20-F
Source: 0001213900-25-007160
Chunk: 199

Company: DDC Enterprise Ltd
Filing Date: 2025-01-28
Form: 20-F
Item: Item 19
Chunk 199
---
 ( 83,132,274                  ( 135,581,744                        ( 19,096,289  
  Total shareholders’ (deficit)/equity attributable to DDC Enterprise Limited                                                                                                                                                                 ( 1,501,925,812                     39,017,138                           5,495,449  
  Non-controlling interest                                                                                                                                                                                                                         14,426,288                     21,640,107                           3,047,945  
  Total shareholders’ (deficit)/equity                                                                                                                                                                                                        ( 1,487,499,524                     60,657,245                           8,543,394  
  Total liabilities, mezzanine equity and shareholders’ (deficit)/equity                                                                                                                                                                          255,377,773                    434,349,571                          61,176,858  

The accompanying
notes are an integral part of these consolidated financial statements.

F-6

DDC ENTERPRISE
LIMITED

CONSOLIDATED
STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

                                                                                                    For the Years Ended December 31,                                                                                              
                                                                                          Note      2021                                                                                                                          
                                                                                                    RMB                                                                                            US$                            
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
                                                                                                                                                                                                   Note 2(f)                      
                                                                                                                                                                                                   (Unaudited)                    
  Revenues:                                                                                                                                                                                                                       
  Product revenues                                                                          26                                              191,389,968        176,420,393        204,595,102                         28,816,618  
  Service revenues                                                                          26                                                5,544,507          1,298,631            886,802                            124,903  
  Revenues from collaborative arrangements                                                  26                                                8,244,967          1,867,042                  -                                  -  
  Total revenues                                                                                                                            205,179,442        179,586,066        205,481,904                         28,941,521  
  Cost of products                                                                                                                        ( 164,541,069      ( 134,462,728      ( 153,316,804                       ( 21,594,221  
  Cost of services                                                                                                                          ( 4,180,765        ( 1,196,469          ( 709,787                           ( 99,971  
  Total cost of revenues                                                                                                                  ( 168,721,