Company: DDC
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-043916
Chunk: 278

Company: DDC Enterprise Ltd
Filing Date: 2025-05-15
Form: 20-F
Item: Item 19
Chunk 278
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  Subtotal                                                             3,500,000                -                                  7,964,014      10,076,081  
  Total                                                               60,428,815                -                                  7,964,014      10,076,081  

  (i)      The aggregate unpaid principal balances of August 2022 Convertible Loan which was recorded at fair value option was RMB 3,541,350 (US$ 500,000) and nil as of December 31, 2023 and 2024 respecti...  
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  (ii)      The aggregate unpaid principal balances of May & June 2023 Convertible                                                                            
            Loans which was recorded at fair value option was RMB 3,741,553 (US$ 518,211) and RMB 1,169,693 (US$ 162,720) as of December 31,                  
            2023 and 2024 respectively. The amount of the fair value carrying amount over the aggregate unpaid principal balance was RMB 72,981 (US$ 10,304)  
            and RMB 254,858 (US$ 35,454) as of December 31, 2023 and 2024, respectively.                                                                      
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  (iii)      The aggregate unpaid principal balances of December 2022 Convertible Loan which was recorded at fair value option was RMB 7,082,700 (US$ 1,000,000) and nil as of December 31, 2023 and 2024 resp...  
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────

  (iv)      The aggregate unpaid principal balances of December 2024 Convertible Loans which was recorded at fair value option was RMB 8,678,280 (US$ 1,207,262) as of December 31, 2024. The amount of the f...  

F-80

18. ORDINARY SHARES

The Company was incorporated in April 2012. As
of January 1, 2022, the number of Company’s authorized Class A ordinary shares were55,248,154