Company: DDC
Filing Date: 2025-01-28
Form Type: 20-F
Source: 0001213900-25-007160
Chunk: 161

Company: DDC Enterprise Ltd
Filing Date: 2025-01-28
Form: 20-F
Item: Item 10
Chunk 161
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 resolution put to the vote of the meeting shall
be decided on a show of hands unless voting by poll is required by NYSE rules or demanded by the chairman of the meeting, by at least
two shareholders having the right to vote on the resolutions, or by shareholder(s) together holding at least 10% of the total voting rights
of all our shareholders having the right to vote at such general meeting. A quorum required for a meeting of shareholders consists of
one or more shareholders who holds at least one-third of our issued voting shares. Shareholders’ meetings may be held annually.
Each general meeting, other than an annual general meeting, shall be an extraordinary general meeting. Extraordinary general meetings
may be called by a majority of our board of directors or upon a requisition of any one or more shareholders holding at the deposit of
the requisition at least 10% of the aggregate share capital of our company that carries the right to vote at a general meeting, in which
case on advance notice of at least 7 calendar days is required for the convening of our annual general meetings and extraordinary general
meetings.

Any ordinary resolution to
be made by the shareholders requires the affirmative vote of a simple majority of the votes attaching to the Class A Ordinary Shares and
Class B Ordinary Shares cast in a meeting, while a special resolution requires the affirmative vote of no less than two-thirds of
the votes attaching to the Class A Ordinary Shares and Class B Ordinary Shares cast in a meeting.

A special resolution will
be required for important matters such as amending our memorandum and articles of association or changing the name of the Company.

There are no limitations on
non-residents or foreign shareholders in the memorandum and articles of association to hold or exercise voting rights on the Class
A Ordinary Shares imposed by foreign law or by the charter or other constituent document of our company. However, no person will be entitled
to vote at any general meeting or at any separate meeting of the holders of the Class A Ordinary Shares and Class B Ordinary Shares unless
the person is registered as of the record date for such meeting and unless all calls or other sums presently payable by the person in
respect of their shares in the Company have been paid.

General Meetings of Shareholders. As
a Cayman Islands exempted company, we are not obliged by the Companies Act to call shareholders’ annual general meetings. Our Memorandum
and Articles provide that we may (but are not obliged to, unless as required by applicable law or the NYSE rules