DDC和禾文成立合资企业，扩大即食餐业务，承诺实现1500万美元利润

（纽约证券交易所代码：DDC）（“DayDayCook”，“DDC”，或“公司”），作为全球领先的多品牌亚洲消费食品公司，宣布与禾文农业科技有限公司（一家高端预制餐生产商）签署具有约束力的协议，成立合资企业（JV），为中国大陆的主要电商平台、连锁餐厅和直接面向消费者（DTC）的内地品牌提供即食（RTE）食品的解决方案。禾文承诺在未来五年内为合资企业实现 1,500 万美元的利润，并每年向股东分配股息。合资企业将成为 DDC 的合并子公司，并预计将扩大其在市场中的生产能力与分销网络。

“这一合作关系加速了我们重新定义亚洲美食便利性的使命，”DDC 董事长兼首席执行官Norma朱嘉盈女士表示。“通过结合DDC的创新驱动品牌与禾文的本地化生产专长，我们有望抓住中国市场对高质量、健康餐食解决方案快速增长的需求，覆盖数字和线下生态系统。”

“我们与DDC的合作是中国预制食品行业发展的里程碑，”禾文首席执行官秦博文先生补充道。“凭借对质量和可扩展性的共同价值观，这一合资企业将在即食领域树立新的卓越烹饪和运营效率标杆。”

根据具有约束力的条款，禾文承诺利用其现有的生产能力与产品开发专长，进一步扩大其在市场中的业务覆盖范围，包括更多电商平台、主要连锁餐厅以及抖音（TikTok）等社交平台上的DTC品牌。禾文还向DDC承诺，合资企业将在 2025 年及未来四年实现每年超过 2,000 万元人民币（约合 300 万美元）的利润。合资企业的所有税后利润将根据合资伙伴的持股比例每年分配为股息。

关于 DayDayCook

日日煮DayDayCook (纽约证券交易所股票代码：DDC）致力于与世界一起分享亚洲烹饪文化的喜悦，推出了一系列便捷且健康的即食、即烹和即热产品，满足全球不同口味的消费者需求。日日煮从美食内容权威发展成为一个多品牌食品集团，精心打造了一系列融合正宗、营养与便捷特性的产品。公司不断扩大的产品组合涵盖了日日煮DayDayCook、Nona Lim、Yai's Thai、Omsom、猛味和渔家翁等品牌。如需了解更多信息，请在LinkedIn上关注日日煮DayDayCook。

关于禾文

禾文农业科技成立于 2015 年，专注于生产预制和便利餐解决方案，提供餐饮服务和即食产品，强调健康、便利和高品质。其客户包括盒马、西贝、叮咚买菜等知名品牌，公司提供标准化的烹饪解决方案，同时专注于创新和市场扩展。致力于塑造中国美食的健康趋势，公司通过先进的生产技术和以客户为中心的产品不断加强其行业领导地位。

前瞻性声明

本新闻稿中的某些声明是前瞻性声明，包括但不限于关于与禾文农业科技成立合资企业以扩大在中国大陆市场的销售和分销网络、纽约证券交易所和美国证券交易委员会（SEC）合规、预计收入、利润率、现金流和增长与扩展的声明。这些前瞻性声明涉及已知和未知的风险与不确定性，并基于公司对可能影响其财务状况、经营成果、业务战略和财务需求的未来事件的当前预期和预测。这些前瞻性声明还基于对公司当前和未来业务战略以及其未来运营环境的假设。投资者可以通过诸如“可能”、“将”、“预期”、“预计”、“旨在”、“估计”、“打算”、“计划”、“相信”、“可能”等词语来识别这些声明。公司不承担公开更新或修订任何前瞻性声明的义务，无论是由于后续发生的事件、情况的变化还是预期的变化，除非法律另有要求。尽管公司认为这些前瞻性声明中表达的预期是合理的，但不能保证这些预期将被证明是正确的，公司提醒投资者实际结果可能与预期结果有显著差异，并鼓励投资者在公司的注册声明和其他提交给 SEC 的文件中审查可能影响其未来结果的其他因素。

NEW YORK--(BUSINESS WIRE)— April 2, 2025 – 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 the Chinese Mainland. 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.

“This partnership accelerates our mission to redefine convenience in Asian cuisine,” said Ms. Norma Chu, Chairwoman and CEO of DDC. “By combining DDC’s innovation-driven brands with Hewen’s localized production expertise, we’re poised to capture the fast growing demand for high-quality, health-focused meal solutions across China’s digital and offline ecosystem.”

“Our collaboration with DDC is a milestone in advancing China’s prepared-food industry,” added Mr. Wenbo Qin, CEO of Hewen. “With shared values in quality and scalability, this JV will set new benchmarks for culinary excellence and operational efficiency in the RTE sector.”

Pursuant to the binding term sheet, Hewen committed to leverage its existing production capability and product development know-how to further expand its business reach in the market to more e-commerce platforms, major restaurant chains, and DTC brands on social platforms like Douyin (Tiktok.) It also committed to DDC that the Joint Venture will have an annual profit of more than RMB 20 million (approximately USD 3million) in 2025 and for the following 4 years. All after-tax profits of the Joint Venture will be distributed as dividends every year according to the shareholding ratio of the Joint Venture partners.

DDC will grant Hewen restricted shares. The shares will be issued within 10 business days after the Joint Venture is established. These restricted shares will be unlocked according to the actual achievement of the Joint Venture’s profit committed by Hewen over the next 5 years.

ABOUT DAYDAYCOOK

DayDayCook is on a mission to share the joy of Asian cooking culture with the world, offering a suite of accessible and healthy ready-to-eat, ready-to-cook, and ready-to-heat products that cater to the global palate. DayDayCook has evolved from a culinary content authority to a multi-brand powerhouse, curating a broad range of products that champion authenticity, nutrition, and convenience. The company's growing portfolio includes DayDayCook, Nona Lim, Yai’s Thai, Omsom, MengWei, and Yujia Weng. Follow the Company on LinkedIn.

ABOUT HEWEN

Hewen Argricultural Technology was founded in 2015, specializes in producing pre-made and convenience meal solutions providing catering services and RTE products, emphasizing health, convenience, and premium quality. Its customer base includes renowned brands like He Ma, Xi Bei, and Dingdong Maicai, the company delivers standardized culinary solutions while maintaining a focus on innovation and market expansion. Committed to shaping healthier trends in Chinese cuisine, it continues to strengthen its industry leadership through advanced production know-how and customer-centric offerings.

Forward-Looking Statements

Certain statements in this press release are forward-looking statements, including, for example, statements about completing definitive agreements with Huwen Argricultural Technology to form a joint venture to expand sales and distribution network in the Chinese Mainland market, NYSE and SEC compliance, estimated revenue, margins, cash and growth and expansion. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. These forward-looking statements are also based on assumptions regarding the Company’s present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.