DayDayCook Appoints Food and Beverage Industry Stalwart Malik Sadiq as Chief Operating Officer

DDC Enterprise Limited

DDC Enterprise Limited

Addition of executive experienced in building global food brands positions DDC for rapid growth and expansion

NEW YORK, June 18, 2024 (GLOBE NEWSWIRE) — DDC Enterprise, Ltd., (NYSEAM: DDC) (“DayDayCook”, “DDC” or the “Company”), a leading content-driven food brand, today Today announced that Malik Sadiq has been appointed Director of Operations, effective immediately. Mr. Sadiq will spearhead the integration and growth of the DayDayCook brands globally, including the recent additions of Noma Lin, Yai’s Thai and Omsom.

“Malik joins the DayDayCook leadership team at an important and exciting time as we recently completed our third Asian food acquisition in the United States,” said Norma Chu, founder and CEO of DayDayCook. “Malik brings unique experience driving growth and operational efficiencies – both organically and through mergers and acquisitions – and will help the company effectively execute its business plan.” We look forward to the significant contributions he will undoubtedly make to our team as DayDayCook continues its journey to become an Asian food powerhouse.”

Mr. Sadiq has over 25 years of global food and beverage experience, including over 15 years with Tyson Foods. Most recently, he was co-CEO and COO of LiveKindly Collective, a high-growth food company operating in 40 countries. Prior to that, he was executive vice president of Tyson Foods’ international and export divisions, growing revenue to $2 billion during his tenure. Mr. Sadiq received his doctorate and master’s degrees in industrial engineering and a bachelor’s degree in electrical engineering from the University of Arkansas at Fayetteville.

“I am very excited to join DDC and contribute to its strategy of acquiring authentic Asian brands and growing them,” said Malik Sadiq. “DDC is in a unique position to lead this strategy due to its Asian origin and heritage. I am excited to bring my years of operations and M&A experience to drive DDC’s strategy.

About DayDayCook – A Leader in Food Innovation
Founded in 2012, DayDayCook is a leading content-driven consumer brand offering easy and convenient ready-to-heat, ready-to-cook and ready-to-eat Asian food products. The company focuses on innovative and healthy meal solutions with a rapidly growing omnichannel sales network in China and the United States, and through a strong online presence globally. The company builds brand recognition through culinary and lifestyle content across major social media and e-commerce platforms.

Forward-looking statements
Certain statements contained in this release are forward-looking statements, including, for example, statements about the completion of the acquisition, anticipated revenues, growth and expansion. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections regarding future events that the Company believes may affect its financial condition, results of operations, business strategy and his financial needs. These forward-looking statements are also based on assumptions regarding the Company’s current 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 using words such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “a l “intends”, “plans”, “believes”, “likely to” or other similar expressions. The Company undertakes no obligation to publicly update or revise any forward-looking statements to reflect future events or developments. subsequent circumstances, or changes in its expectations, except as 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 prove to be correct, and the Company. cautions investors that actual results may differ materially from anticipated results and encourages investors to consider other factors that may affect its future results in the company’s registration statement and other documents filed with the SEC .

Contact:
Investors:
Head of Investor Relations
Kyle Guse
kyle.guse@daydaycook.com

IR HEART
Matt Blazei
mattb@coreir.com

Media:
DDC Enterprise Ltd.
Chris Cheung
chris.cheung@daydaycook.com

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