Articles from DDC Enterprise, Ltd.

DDC Enterprise (NYSE: DDC) today announced the completion of its initial 21 Bitcoin (BTC) acquisition as part of its corporate strategy to integrate Bitcoin into its treasury reserves.

DDC Enterprise Ltd. (NYSEAM: DDC), today released its 2024 full year results alongside a Shareholder Letter from Founder, Chairwoman, and CEO Norma Chu, underscoring the company’s positive financial performance and unveiling a pioneering Bitcoin accumulation strategy poised to redefine long-term value creation.

DDC Enterprise, Ltd. (NYSEAM: DDC) (“DayDayCook,” “DDC,” or the “Company”), a leading multi-brand Asian consumer food company, today announced the completion of a joint venture (JV) with Hewen Agricultural Technology Limited (“Hewen”), a premium prepared-meal producer, to scale delivery of ready-to-eat (RTE) solutions for major e-commerce platforms, restaurant chains, and direct-to-consumer (DTC) brands. Hewen has committed to generating USD 15 million in profits for the JV over the next five years, with annual dividends distributed to shareholders. The JV, in which DDC owns 51% will be consolidated under DDC’s subsidiaries, is expected to expand production capacity and distribution reach across China’s fast-growing RTE sector.

DDC Enterprise, Ltd. (NYSEAM: DDC), (“DayDayCook,” “DDC,” or the “Company”), a leading multi-brand Asian consumer food company, today issued a corporate update in a Letter to Shareholders from CEO Norma Chu.

DDC Enterprise, Ltd. (NYSEAM: DDC), (“DayDayCook,” “DDC,” or the “Company”), a leading multi-brand Asian consumer food company, today announced a binding agreement to form a joint venture (JV) with Hewen Agricultural Technology Limited, a premium prepared-meal producer, to scale delivery of ready-to-eat (RTE) solutions for major e-commerce platforms, restaurant chains, and direct-to-consumer brands in Mainland China. Hewen has committed to generating USD 15 million in profits for the JV over the next five years, with annual dividends distributed to shareholders. The joint venture will become one of DDC’s consolidated subsidiaries and is expected to further expand its production capability and distribution network in the market.

DDC Enterprise, Ltd. (NYSEAM: DDC), (“DayDayCook,” “DDC,” or the “Company”), a leading multi-brand Asian consumer food company, today announced a transformative initiative to adopt Bitcoin as part of its treasury reserves, alongside an announcement that brings seasoned Web3 and Crypto Assets Management Expert Alex Yang to DDC as Strategic Advisor. An investor group will inject up to 100 BTC in exchange for DDC Class A Ordinary shares at a range of $0.50 to $1.25 per share, representing a 100% to 400% premium to recent trading levels.

DDC Enterprise, Ltd. (NYSEAM: DDC), (“DayDayCook,” “DDC,” or the “Company”), a leading multi-brand Asian consumer food company, today announced that the Chairwoman and CEO, Ms. Norma Chu, has completed an increase of 10,000,000 share subscription, alongside a new investor that has set the terms for this round of placement. Total new funds to the company is $2,278,080.

DDC Enterprise, Ltd. (NYSEAM: DDC), (“DayDayCook,” “DDC,” or the “Company”), a leading multi-brand Asian consumer food company, today releases preliminary 2024 financial guidance.

DDC Enterprise, Ltd. (NYSEAM: DDC), (“DayDayCook,” “DDC,” or the “Company”), a leading multi-brand Asian consumer food company, today announced that it has regained compliance with the New York Stock Exchange (“NYSE”) continued listing standards set forth in Part 10 of the NYSE American Company Guide. The Company has resolved the continued listing deficiency with respect to Section 1003(a)(i) referenced in a NYSE letter dated April 23, 2024.

DDC Enterprise, Ltd. (NYSEAM: DDC), (“DayDayCook,” “DDC,” or the “Company”), a leading multi-brand Asian consumer food company, today announced that it completed and filed the Company's annual report on Form 20-F for the year ended December 31, 2023 (the "2023 Form 20-F") with the U.S. Securities and Exchange Commission (the "SEC"). The Company is now current with its SEC financial filing requirements and is no longer a late filer under the NYSE rules.

DDC Enterprise, Ltd. (NYSEAM: DDC), (“DayDayCook,” “DDC,” or the “Company”), a leading multi-brand Asian consumer food company, today announced that it has appointed George Lai as an independent member of the Board of Directors. George was also appointed to serve on each Committee of the Board of Directors, including the Audit Committee where he will serve as the designated financial expert and Chair. George replaces Ms. Wei Qiao who resigned from the Board on November 30, 2024.

DDC Enterprise, Ltd. (NYSEAM: DDC), (“DayDayCook,” “DDC,” or the “Company”), a leading multi-brand Asian consumer food company, today announced that it received a notice from NYSE Regulation indicating that it agreed to provide the Company with an additional time period through February 4, 2025, subject to reassessment on an ongoing basis, to complete and file the Company's annual report on Form 20-F for the year ended December 31, 2023 (the "2023 Form 20-F") with the Securities and Exchange Commission (the "SEC") and any subsequent delayed filings.

DDC Enterprise, Ltd., (NYSEAM: DDC) (“DayDayCook,” “DDC,” or the “Company”), a leading content-driven food consumer brand, today announced that Malik Sadiq has been named Chief Operating Officer, effective immediately. Mr. Sadiq will spearhead the integration and growth of DayDayCook’s brands globally, including the recent additions of Noma Lin, Yai’s Thai and Omsom.