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DDC and Hewen Launch Joint Venture to Scale Ready-Made Convenience Meal Business, Backed by USD 15M Profit Commitment

1. DDC formed a JV with Hewen to scale RTE solutions in China. 2. Hewen commits USD 15 million, enhancing DDC's market reach.

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FAQ

Why Bullish?

The JV with a committed investment boosts DDC's growth potential in a lucrative market. Successful JVs typically drive stock prices up, as seen with other food companies expanding in Asia.

How important is it?

The JV represents a significant strategic move, likely enhancing DDC's competitive position. The committed financial backing indicates strong confidence in the venture's future success.

Why Long Term?

The partnership positions DDC for sustained growth in China's RTE market, where demand is rising. Historical examples show that successful market entries often lead to long-term profitability.

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HewnTSNGIS
NEW YORK--(BUSINESS WIRE)--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.

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