Company: DDC
Filing Date: 2025-10-24
Form Type: F-1
Source: 0001213900-25-102214
Chunk: 251

Company: DDC Enterprise Ltd
Filing Date: 2025-10-24
Form: F-1
Chunk 251
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 Cayman Islands counsel. Certain other legal matters as to United States Federal and New York State law in connection with this Offering will be passed upon for us by Loeb & Loeb LLP. Additional legal matters may be passed on for us by counsel that we will name in the applicable prospectus supplement. EXPERTS The consolidated financial statements of our Company as of December 31, 2024 and 2023, and for the years then ended, have been audited by Enrome LLP, an independent registered public accounting firms, as set forth in their report elsewhere herein. Such consolidated financial statements have been so included in reliance upon such report given upon the authority of such firm as experts in accounting and auditing. 153 CHANGE IN REGISTRANT’S CERTIFYING ACCOUNTANT Dismissal of KPMG Huazhen LLP and appointment of Marcum Asia As previously announced in the Form 6 -Kfiled by the Company with the SEC on August 30, 2024 (the “August 6 -K”), on August 30, 2024 (the “First Effective Date”), the Company dismissed KPMG Huazhen LLP (“KPMG”) as the Company’s independent registered public accounting firm. The dismissal of the Company’s independent registered public accounting firm was approved by the Audit Committee (the “Audit Committee”) of the Board of Directors of the Company as of the First Effective Date. KPMG’s audit report on the Company’s consolidated financial statements for the years ended December 31, 2022 and 2021 did not contain any adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principles, except that KPMG’s report on the consolidated financial statements of the Company as of and for the years ended December 31, 2022 and 2021, contained separate paragraphs stating that: (i)“the accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in note 2(a) to the consolidated financial statements, the Company has incurred a loss from operations, had net cash used in operating activities, net current liabilities and an accumulated deficit, that raise substantial doubt about its ability to continue as a going concern. Management’s plans in regard to these matters are also described in note 2(a). The consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty” and; (ii)“as discussed in note 2(p) to the consolidated financial statements,