DDC创始人兼首席执行官Norma Chu致股东信

纽约 —— 全球亚洲食品平台暨数字资产储备企业 DDC Enterprise Limited （ 纽交所美国板代码 ： DDC ， 下称 “ DDC ” 或 “ 本公司 ” ） 发布由创始人 、 董事长兼首席执行官Norma Chu撰写的致股东信 。

尊敬的各位股东 ：

今日 ， 我们正式推出 A 类 13.5% 永续优先股 ， 该证券将在纽交所美国板挂牌交易 ， 代码为 SVOR 。 每股设定价值 25 美元 ， 年化累积股息率 13.5% ， 按交易日以现金派发 。 公司设立股息储备账户 ， 账户资金可足额覆盖至少 12 个月股息 ； 储备账户余额及季度股息保障倍数将在官网 treasury.ddc.xyz 每日公示 。 若比特币价格维持在 18 万美元 、 25 万美元 、 35 万美元及以上档位 ， 持股人还可获得一次性额外红利 ， 每股红利合计最高可达 4 美元 。

这是我们今年为优化资本结构迈出的最重要一步 。 在这封信中 ， 我将说明本次发行对 DDC 的意义 ， 并回应自 7 月以来公司股价持续下行的问题 。

资本结构优化举措

本次优先股发行旨在拓宽 DDC 的融资渠道 ， 同时不新增可转换为普通股的金融工具 。 该优先股无到期日 ， 且不可转换为普通股 。

我们当前的核心目标是清偿存量未兑付可转换票据 。 本次募资所得资金中 ， 最高 20% 可用于该清偿计划 ， 同时搭配比特币质押融资及协商达成的配套安排 。 清偿工作能否落地 ， 取决于实际募资规模 、 融资渠道可用性以及最终协议的签署情况 。

待重大清偿安排敲定 、 票据全部兑付完毕后 ， 我们将及时向各位股东同步进展 。

比特币储备策略

我依然坚信 ， 比特币是适配 DDC 长期配置的储备资产 ， 公司的储备资产战略保持不变 。 未来数月 ， 我们的首要任务是夯实储备资产背后的资本底盘 ； 待时机合适 、 基础更加稳固之后 ， 再继续增持比特币 。

波动本就是比特币资产的固有特征 。 作为一家配置数字资产储备的企业 ， 股价波动在所难免 ， 我们的普通股单日涨跌幅曾一度超过 30% 。 我们无法干预二级市场的日内交易行情 ， 但我们将聚焦经营表现与资本配置 ， 夯实支撑股东长期价值的根基 。 后续重大公司事项 、 业绩发布节点 ， 我们仍会通过新闻通稿 、 SEC 申报文件 、 财报公告统一对外披露 ， 确保全体股东同步获取同等信息 。 这一信息披露原则将公平对待每一位股东 。

现阶段工作重心

我们近期优先推进三项工作 ： 完成本次优先股发行 、 优化资本结构 、 持续夯实主营业务 。 我们深知 ， 股东信心需要靠实际经营成果来兑现 。 上述事项取得进展后 ， 我们会清晰向大家汇报 。

感谢各位股东的耐心与支持 ， 也感谢全体团队成员与合作伙伴在此阶段的辛勤付出 。

此致

关于 DDC Enterprise Limited
DDC Enterprise Limited （ 纽交所美国板代码 ： DDC ） 在深耕全球亚洲食品平台主业的基础上 ， 积极布局企业比特币储备赛道 。 公司将比特币定位为核心储备资产 ， 同时持续扩充自有餐饮品牌矩阵 ， 是率先把比特币纳入财务架构的美股上市公司之一。

NEW YORK -- DDC Enterprise Limited (NYSE American: DDC) ("DDC" or the "Company"), a global Asian food platform and digital asset treasury company, today issued a Letter to Shareholders from Founder, Chairwoman and CEO Norma Chu.

Dear Valued Shareholders,

Today we launched our Series A 13.5% Perpetual Preferred Shares, which will trade on NYSE American under the ticker SVOR. Each share has a stated value of $25.00 and pays a cumulative dividend of 13.5% per year, paid in cash every business day. The dividend is supported by a dividend reserve account that holds at least twelve months of dividends at all times, and the reserve balance and its coverage of our quarterly dividend will be published daily at treasury.ddc.xyz. Holders will also receive one-time bonus dividends if Bitcoin holds at or above $180,000, $250,000 and $350,000, totaling up to $4.00 per share.

This is the most important step we have taken this year to strengthen our capital structure. In this letter I want to explain what the offering means for DDC and address the decline in our share price since July.

Capital structure initiatives

The preferred offering is designed to broaden DDC’s funding options without adding another instrument convertible into ordinary shares. It has no maturity date, and cannot be converted into ordinary shares.

Our priority is to retire the outstanding convertible note. We may allocate up to 20% of the offering proceeds towards that objective, supplemented by Bitcoin-backed financing and negotiated arrangements. Completion will depend on the proceeds raised, financing availability and final agreements.

We will update shareholders as material retirement arrangements are finalized and when the note has been fully extinguished.

Bitcoin treasury

I remain convinced that Bitcoin is the right long-term reserve asset for DDC. Our treasury strategy is unchanged. Our priority in the coming months is to strengthen the capital structure underneath the treasury, so that we can expand our accumulation from a stronger base when we judge the timing to be right.

Volatility is a core part of Bitcoin’s quality. Moreover, volatility comes with being a digital asset treasury company, and our shares have moved more than 30% in a single day in both directions. We cannot control daily trading, but we are focused on the operating performance and capital allocation that underpin long-term shareholder value. We will continue to communicate through our press releases, our filings with the SEC and our earnings releases, at major corporate actions and when we report results, so that every shareholder receives the same information at the same time. This discipline serves all our shareholders equally.

Our focus

Our immediate priorities are to complete the preferred offering, optimize our capital structure, and continue strengthening our operating business. We recognize that shareholder confidence must be earned through execution. We will report our progress clearly as these steps are completed.

Thank you to our shareholders for your patience and support, and to our team and partners for their hard work through this period.

Sincerely,

Norma Chu

Founder, Chairwoman and Chief Executive Officer

DDC Enterprise Limited

About DDC Enterprise Limited

DDC Enterprise Limited (NYSEAMERICAN: DDC) is participating proactively in the corporate Bitcoin treasury evolution while maintaining its foundation as a leading global Asian food platform. The Company has strategically positioned Bitcoin as a core reserve asset while continuing to expand its portfolio of culinary brands. DDC is at the forefront of public companies integrating Bitcoin into their financial architecture. For more information, visit www.ddc.xyz.