Company: DDC
Filing Date: 2025-07-22
Form Type: F-3
Source: 0001213900-25-066338
Chunk: 46

Company: DDC Enterprise Ltd
Filing Date: 2025-07-22
Form: F-3
Chunk 46
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 that we or our employees, partners, and agents will always maintain compliance. Any violations
could result in enforcement actions, fines, civil and criminal penalties, damages, injunctions, or reputational harm. If we are unable
to comply with these laws and regulations or manage the complexity of our global operations successfully, we may need to relocate or cease
operations in certain foreign jurisdictions, which could materially adversely impact our business, financial condition, results of operations,
and prospects.

Additionally, the global macroeconomic
environment is facing challenges. The outbreak of the COVID-19 pandemic in 2020 has brought about an adverse impact on global economies
and financial markets. There is considerable uncertainty over the long-term effects of the expansionary monetary and fiscal policies adopted
by the central banks and financial authorities of some of the world’s leading economies, including the United States and China.
There have been concerns over unrest and terrorist threats in the Middle East, Europe and Africa and over the conflicts involving Ukraine,
Syria and North Korea. There have also been concerns on the relationship among China and other Asian countries, which may result in or
intensify potential conflicts in relation to territorial disputes, and the trade disputes between the United States and China. The
ongoing trade tensions between the United States and China may have tremendous negative impact on the economies of not merely the
two countries concerned, but the global economy as a whole. It is unclear whether these challenges and uncertainties will be contained
or resolved, and what effects they may have on the global political and economic conditions in the long term. Our international market
expansion strategy may be hindered if these challenges and uncertainties persist.

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If we are unable to expand our business to international markets successfully, our business and results of operations would be adversely affected.

To the extent permitted due
to our recurring losses from operations and an accumulated deficit, we have begun to expand our business internationally in the United
States. and Southeast Asia through online and offline sales channels, including accessing overseas markets through third-party e-commerce
platforms and local distributors. However, we may not be able to expand our business as we planned. For example, we may not be able to
identify e-commerce platforms or local distributors with sufficient resources and strong local ties to collaborate with us, which would
negatively affect our strategy to expand our business to international markets.

Expanding our business outside
the PRC also involves certain risks and uncertainties, such as our ability to obtain adequate funding for development