Sec Form 4 Filing - Lai Kwok Ho @ DDC Enterprise Ltd - 2026-03-20

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Lai Kwok Ho 2. Issuer Name and Ticker or Trading Symbol DDC Enterprise Ltd [ DDC] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 368 9TH AVE 3. Date of Earliest Transaction (MM/DD/YY) 03/20/2026 (Street) NEW YORK, NY10001 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Class A Ordinary Shares 03/20/2026 X( 1 ) 31,838 A $ 0.16 ( 1 ) 31,838 D Class A Ordinary Shares 04/28/2026 X( 2 ) 31,111 A $ 0.16 ( 2 ) 62,949 D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Warrants $ 0.16 ( 1 ) 03/20/2026 X( 1 ) 33,333 12/30/2025 09/29/2035 Class A Ordinary Shares 33,333 $ 0.16 ( 1 ) 0 D Warrants $ 0.16 ( 2 ) 04/28/2026 X( 2 ) 33,333 03/16/2026 12/30/2035 Class A Ordinary Shares 33,333 $ 0.16 ( 2 ) 0 D Stock Options $ 5.5 05/22/2025 02/21/2035 Class A Ordinary Shares 45,454 45,454 D Restricted Stock Units $ 0 02/22/2025 02/21/2035 Class A Ordinary Shares 20,000 20,000 D Restricted Stock Units $ 0 12/13/2026 12/12/2035 Class A Ordinary Shares 121,951 121,951 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Lai Kwok Ho 368 9TH AVE NEW YORK, NY10001 X Signatures /s/ Kwok Ho Lai 04/30/2026 Signature of Reporting Person Date

Explanation of Responses:

( 1 )On March 20, 2026, the reporting person exercised an aggregate of 33,333 warrants pursuant to the exercise notice at the exercise price of $0.16 per share. The reporting person elected to satisfy the aggregate exercise price through a cashless exercise, pursuant to which a net of 31,838 Class A Ordinary Shares was issued to the reporting person. ( 2 )On April 28, 2026, the reporting person exercised an aggregate of 33,333 warrants pursuant to the exercise notice at the exercise price of $0.16 per share. The reporting person elected to satisfy the aggregate exercise price through a cashless exercise, pursuant to which a net of 31,111 Class A Ordinary Shares was issued to the reporting person.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

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