DDC創始人兼CEO致股東們信：逆市突圍，以創新重塑價值

致尊敬的股東們：

作為DayDayCook (DDC) 的創始人、董事長兼首席執行官，我懷著真誠的態度和對公司未來發展的堅定信心，向您致信。過去一周，全球市場經歷了前所未有的波動，我們的股票也受到了影響。上周五，由于市場的大幅拋售以及股價跌至每股低于0.10美元，紐約證券交易所（NYSE-American）暫停了我們的股票交易。盡管市場波動令人擔憂，但我想向您保證，公司董事會和管理團隊已經果斷采取有效措施，保護您的利益。

積極措施：股票反向拆分(Reverse Stock Split)

在剛剛過去的周末，董事會一致通過了此前由股東批準的1:25股票反向拆分（“反向拆分”）。此舉旨在將股價提升至更理想的交易范圍。我們預計，交易暫停將很快解除，公司股票將在2025年4月21日完成反向拆分后重新開始交易，股票代碼仍為“DDC”，但將采用新的CUSIP代碼。

近期關于關稅和地緣政治緊張局勢的新聞引發了市場的擔憂。在此，我想直接回應：DDC已經采取了充分的措施并有效規避風險。2024年，我們80%的收入來自中國國內市場，生產與銷售均在本地完成。同時，我們不斷擴大的出口業務主要面向東南亞市場，而非美國市場，這使我們能夠避免關稅相關的干擾。此外，我們最近宣布的中國合資項目預計將在未來五年內實現1500萬美元凈利潤，這將進一步推動我們在核心市場的增長。盡管去年美國市場貢獻了20%的收入，但我們預計其將保持較小且穩定的貢獻比例，同時我們將繼續深耕亞洲市場，挖掘更多增長機會。

2025年：變革與發展的關鍵一年

目前的股價并未反映出DDC的實際進展和潛力。以下是我們近期取得的幾項重要成果：

1.全面恢復SEC和NYSE的合規性：充分展現了公司在運營和財務管理方面的嚴謹性。

2.領導層的承諾：我個人將增持DDC股份，認購額外的1000萬股（反向拆分前），以確保我與股東的利益保持一致。

3.戰略創新：我們制定了多元化儲備戰略，計劃以每股0.50美元（反向拆分前）的價格注入比特幣。首次注入將在未來30天內完成，未來還將以更優惠的價格進行追加注入。

4.增長加速：我們計劃在未來幾周內完成的盈利性合資項目，將為未來數年創造更大的價值。

這些戰略舉措，將幫助公司在不確定的宏觀環境中實現穩定增長，為股東創造更多價值。

關于反向拆分的更多信息

公司股東已于2024年11月29日召開的特別股東大會上批準了反向拆分，并授權董事會在1:25的比例范圍內選擇適當的拆分比例。董事會已于2025年4月4日正式批準了反向拆分。

反向拆分后，每25股拆分前的A類普通股將自動合并為1股新的A類普通股，無需股東采取任何操作，且每股面值將從0.016美元調整為0.40美元。反向拆分將按比例減少公司激勵計劃下的可發行股份，以及股票期權、認股權證和限制性股票單位所對應的股份數量。

此次反向拆分將使公司已發行的A類普通股數量從約7900萬股減少至約320萬股。根據股東之前的批準，零碎股份將被取消并返回未發行股份池。由于股份以電子記賬形式持有，股東無需采取任何操作，賬戶將自動調整以反映拆分結果。有關反向拆分的更多詳情，請參閱公司于2024年10月31日提交的6-K表格，您可通過www.sec.gov查閱。

對未來的信心與承諾

市場的短期波動往往會掩蓋企業的基本面。如今，DDC在運營、財務和戰略層面比以往任何時候都更加穩健。我們的中國本地化模式，由強勁的國內需求和區域出口支撐，在不確定的宏觀環境中提供了穩定性和增長潛力。雖然我們無法控制市場情緒，但我希望您能夠聚焦于公司的執行力：我們正在以高度的緊迫感和精準的策略，掌控一切可控的因素。

感謝您的信任。我的團隊和我將全力以赴，確保2025年成為DDC和您——我們股東們的重要里程碑之年。

如有任何問題，請隨時聯系我們的投資者關系負責人：Jeff Ervin (jeffervin@daydaycook.com).

此致，
敬禮

Norma朱嘉盈
創始人、董事長兼首席執行官

Dear Valued Shareholders,

As your Founder, Chairwoman, and CEO, I write to you today with clarity, conviction, and optimism about the future of DDC Enterprise (NYSE: DDC). The past week has been one of unprecedented volatility in global markets, and our stock was not immune to these forces. Last Friday, amid a broad market selloff and trading below $0.10 per share, the NYSE-American halted trading of our shares. While such market movements are disconcerting, I want to assure you that your Board and leadership team acted decisively to safeguard shareholder value.

Proactive Measures to Strengthen Our Position; Reverse Stock Split

Over the weekend, the Board unanimously approved the previously shareholder ratified 1:25 reverse stock split (the “Reverse Split”). This action is designed to elevate our share price to a more acceptable trading range. We anticipatethat the trading halt will be lifted and our shares will start trading post-split on April 21, 2025 under the current symbol “DDC” but with a new CUSIP.

Resilience Amid Macro Uncertainty

Recent headlines about tariffs and geopolitical tensions have created noise in the market. Let me address this directly:DDC is well-insulated from these risks.In 2024, 80% of our revenue came from China’s domestic market where we produce and sell locally. Our growing export business is focused on Southeast Asia—not the U.S.—further shielding us from tariff-related disruptions. In addition, our recently announced Joint Venture in China –with committed net profit of USD 15 million over 5-years—will accelerate growth in our core market. While the U.S. contributed 20% of revenue last year, we expect the U.S. segment to remain a smaller, stable contributor with a separate U.S. domestic supply chain as we also pursue growth opportunities in our Asia markets.

2025: A Transformational Year Ahead

The current share price does not reflect DDC’s progress or potential. Consider our recent milestones:

1.Regained Full SEC and NYSE Compliance:A testament to our operational and financial discipline.

2.Leadership Commitment:I am personally increasing my stake in DDC by subscribing to 10 million additional shares (pre-reverse split), aligning my interests with yours.

3.Strategic Innovation:We’ve developed a strategy to diversify corporate reserves with crypto currency through an innovative injection of Bitcoin at a favorable share price starting at USD 0.50 (pre-25:1 reverse split). We plan to complete the initial Bitcoin injection in the next 30 days and moving forward we have a commitment for additional injections of Bitcoin at even more favorable share prices as we grow.

4.Growth Catalysts:Our profit generating majority-owned JV, which we plan to complete in the coming weeks, should create value in the coming years. These initiatives strategies will enable us to deliver shareholders value, even in an unstable macro environment.

More Information on the Reverse Split

The shareholders of the Company approved the Reverse Split at the Company’s Extraordinary General Meeting of Shareholders on November 29, 2024. In connection with approving the Reverse Split, the Company’s shareholders granted authority to the Company’s Board of Directors (the “Board”) to determine, at its discretion, a ratio within the range of no split to 1-for-25, at which to effectuate the Reverse Split. The Reverse Split was approved by the Board on April 4, 2025.

As a result of the Reverse Split, every 25 pre-split Class A Ordinary Shares outstanding will automatically combine into one new Class A Ordinary Share without any action on the part of the holders and with a change in the par value per share from $0.016 to $0.40. The Reverse Split will proportionately reduce the number of Class A Ordinary Shares available for issuance under the Company’s incentive compensation plan and proportionately reduce the number of Class A Ordinary Shares issuable upon the exercise or conversion of stock options, warrants, and restricted stock units outstanding immediately prior to the effectiveness of the Reverse Split.

The Reverse Split reduces the number of the Company’s outstanding Class A Ordinary Shares from approximately 79 million pre-Reverse Split shares to approximately 3.2 million post-Reverse Split shares. Pursuant to the prior shareholder approval, no fractional shares will be issued as a result of the Reverse Split. Fractional shares that would have resulted from the Reverse Split will be cancelled and returned to the pool of authorized but unissued shares.

No action is required by the shareholders as the Class A Ordinary Shares are held in electronic book-entry form which will be adjusted to reflect the Reverse Split. Additional information about the Reverse Split can be found in the Company’s Form 6-K filed with the Securities and Exchange Commission on October 31, 2024, a copy of which is available at www.sec.gov.

A Final Note of Confidence

Market fluctuations often obscure fundamentals. Today, DDC is stronger operationally, financially, and strategically than at any point in our history. Our China-centric model, fortified by strong local demand and regional exports, offers stability and growth in uncertain times. While I cannot dictate market sentiment, I urge you to focus on our execution: we are controlling what we can, with urgency and precision.

Thank you for your trust. My team and I are relentlessly focused on ensuring that 2025 becomes a landmark year for DDC—and for you, our shareholders.

For questions, contact our investor relations Jeff Ervin (jeffervin@daydaycook.com).

Sincerely,

/s/ Norma Chu

Norma Chu

Founder, Chairwoman & CEO