• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    DDC Enterprise Ltd. Appoints George Lai to Board of Directors

    12/4/24 9:00:00 AM ET
    $DDC
    $NCTY
    Packaged Foods
    Consumer Staples
    Finance: Consumer Services
    Finance
    Get the next $DDC alert in real time by email

    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.

    "George brings a strong background in finance and accounting to our Board, with his CFO and Board experience with other public companies," commented Norma Chu, CEO and Chair of the Board of Directors. "George's insights and experience will be invaluable as we continue to execute on our business strategy and build a world-class multi-brand Asian consumer food company."

    Mr. Lai has been the Chief Financial Officer of The9 Limited (NASDAQ:NCTY) since July 2008 and a member of its board of directors since January 2016. The9 Limited is engaged in Bitcoin mining and online games operation businesses. He has been overseeing The9 Limited's Bitcoin mining businesses and in charge of the Bitcoin financial management for The9 Limited. Currently, he also serves as an independent non-executive director and the chairman of the compensation committee of Qingdao Port International Co., Ltd. (SEHK: 06198). Prior to that, Mr. Lai worked for Deloitte Touche Tohmatsu since 2000. Mr. Lai worked in several different Deloitte offices, including Hong Kong, New York and Beijing. During his eight years at Deloitte, Mr. Lai played key roles in the audit function in a number of IPO projects in the United States and China. He also assisted public companies in the United States, Hong Kong and China with a wide range of accounting matters. Mr. Lai received his bachelor of business administration, with a focus in professional accountancy, from the Chinese University of Hong Kong. Mr. Lai holds various accounting professional qualifications, including from AICPA, FCCA and HKICPA.

    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.

    Forward-Looking Statements

    Certain statements in this press release are forward-looking statements. 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.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20241204329057/en/

    Get the next $DDC alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Q&A

    New
    • Who has been appointed to the Board of Directors of DDC Enterprise, Ltd.?

      George Lai has been appointed as an independent member of the Board of Directors for DDC Enterprise, Ltd., serving on each committee including the Audit Committee where he will be the designated financial expert and Chair.

    • What qualifications and experience does George Lai bring to the Board of Directors?

      George Lai brings extensive experience in finance and accounting, having served as Chief Financial Officer of The9 Limited and having a background at Deloitte Touche Tohmatsu where he worked on IPO projects.

    • Who did George Lai replace on the Board of Directors and when did they resign?

      George Lai replaces Ms. Wei Qiao who resigned from the Board on November 30, 2024.

    • What is the strategic direction of DDC Enterprise, Ltd. as mentioned in the announcement?

      DDC Enterprise, Ltd. is evolving from a culinary content authority to a multi-brand food company, offering various healthy and convenient Asian food products.

    • What cautions does DDC Enterprise, Ltd. provide regarding forward-looking statements in their announcement?

      The company acknowledges that forward-looking statements may be affected by known and unknown risks and uncertainties, emphasizing the need for investors to consider various factors that could influence future results.

    Recent Analyst Ratings for
    $DDC
    $NCTY

    CompanyDatePrice TargetRatingAnalyst
    More analyst ratings

    $DDC
    $NCTY
    Financials

    Live finance-specific insights

    See more
    • DDC Completes Joint Venture to Scale Ready-Made Meal Business with USD 15M Profit Commitment

      Strategic partnership targets booming ready-to-eat market, combining DDC's innovative brands with Hewen's production expertise 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

      4/30/25 9:04:00 AM ET
      $DDC
      Packaged Foods
      Consumer Staples
    • DDC and Hewen Launch Joint Venture to Scale Ready-Made Convenience Meal Business, Backed by USD 15M Profit Commitment

      Strategic partnership targets China's booming ready-to-eat market, combining DDC's innovative brands with Hewen's production expertise 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 sharehold

      4/2/25 8:30:00 AM ET
      $DDC
      Packaged Foods
      Consumer Staples
    • The9 Establishes Joint Venture to Focus on Mobile Game Operation and Distribution in China's Sinking Market

      Joint Venture Partner Committed Annual Profit of RMB80 Million and 50% Annual Growth SHANGHAI, Feb. 21, 2025 /PRNewswire/ -- The9 Limited (NASDAQ:NCTY) ("The9"), an established Internet company, today announced that its wholly-owned subsidiary Shanghai The9 Information Technology Co., Ltd. signed a Joint Venture agreement (hereinafter referred to as the "Agreement") with Chengdu Qing Cheng Network Science and Technology Co., Ltd. (hereinafter referred to as "Qing Cheng"), a leading mobile game operation and distribution company focusing on serving gamers in China's sinking market. The9 will hold a 51% stake and Qing Cheng will hold a 49% stake in the Joint Venture. The Joint Venture will be

      2/21/25 7:30:00 AM ET
      $NCTY
      Finance: Consumer Services
      Finance

    $DDC
    $NCTY
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • DDC Completes Joint Venture to Scale Ready-Made Meal Business with USD 15M Profit Commitment

      Strategic partnership targets booming ready-to-eat market, combining DDC's innovative brands with Hewen's production expertise 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

      4/30/25 9:04:00 AM ET
      $DDC
      Packaged Foods
      Consumer Staples
    • DDC Enterprise CEO Norma Chu Provides Corporate Update in Letter to Shareholders

      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. 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 yo

      4/9/25 1:09:00 PM ET
      $DDC
      Packaged Foods
      Consumer Staples
    • DDC and Hewen Launch Joint Venture to Scale Ready-Made Convenience Meal Business, Backed by USD 15M Profit Commitment

      Strategic partnership targets China's booming ready-to-eat market, combining DDC's innovative brands with Hewen's production expertise 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 sharehold

      4/2/25 8:30:00 AM ET
      $DDC
      Packaged Foods
      Consumer Staples

    $DDC
    $NCTY
    SEC Filings

    See more
    • SEC Form NT 20-F filed by DDC Enterprise Limited

      NT 20-F - DDC Enterprise Ltd (0001808110) (Filer)

      4/29/25 8:00:08 AM ET
      $DDC
      Packaged Foods
      Consumer Staples
    • Amendment: SEC Form SCHEDULE 13D/A filed by The9 Limited

      SCHEDULE 13D/A - The9 LTD (0001296774) (Subject)

      4/28/25 4:07:30 PM ET
      $NCTY
      Finance: Consumer Services
      Finance
    • SEC Form 20-F filed by The9 Limited

      20-F - The9 LTD (0001296774) (Filer)

      4/28/25 4:02:26 PM ET
      $NCTY
      Finance: Consumer Services
      Finance

    $DDC
    $NCTY
    Leadership Updates

    Live Leadership Updates

    See more

    $DDC
    $NCTY
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • The9 Limited Receives Strategic Investment from Cryptocurrency Investment Funds to Operate Global GameFi Platform

      SINGAPORE, March 31, 2025 /PRNewswire/ -- The9 Limited (NASDAQ:NCTY) (hereinafter referred to as "The9"), an established Internet company, announced today that it has signed private placement agreements with industry-leading cryptocurrency investment funds Elune Capital, Fine Vision Fund and Bripheno Pte. Ltd. (hereinafter collectively referred to as "the Investors"). Pursuant to the agreement, the Investors will invest US$8 million in The9. The9 will issue Class A common shares to the Investors with share price equal to the average closing price of the 30 consecutive trading days before the signing of the agreements. The shares issued are subject to statutory lock-up period. The9 will esta

      3/31/25 4:00:00 AM ET
      $NCTY
      Finance: Consumer Services
      Finance
    • DDC Announces Strategy to Create Bitcoin Reserves and Appoints Crypto Asset Expert Alex Yang as Strategic Advisor

      Bitcoin reserve to be established with up to 100 BTC injection and premium-priced placement of DDC Class A Ordinary shares at $0.50 to $1.25 per share 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. Strateg

      3/18/25 9:14:00 AM ET
      $DDC
      Packaged Foods
      Consumer Staples
    • DDC Enterprise Ltd. Appoints George Lai to Board of Directors

      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. "George brings a strong background in finance and accounting to our Board, with his CFO and Board experience with other public companies," commented Norma Chu, CEO and Chair of the Board of Directors. "George's ins

      12/4/24 9:00:00 AM ET
      $DDC
      $NCTY
      Packaged Foods
      Consumer Staples
      Finance: Consumer Services
      Finance
    • SEC Form SC 13D/A filed by The9 Limited (Amendment)

      SC 13D/A - The9 LTD (0001296774) (Subject)

      1/30/24 6:12:47 AM ET
      $NCTY
      Finance: Consumer Services
      Finance
    • SEC Form SC 13D/A filed by The9 Limited (Amendment)

      SC 13D/A - The9 LTD (0001296774) (Subject)

      9/27/23 7:24:53 AM ET
      $NCTY
      Finance: Consumer Services
      Finance
    • SEC Form SC 13G/A filed by The9 Limited (Amendment)

      SC 13G/A - The9 LTD (0001296774) (Subject)

      2/14/22 3:15:26 PM ET
      $NCTY
      Finance: Consumer Services
      Finance