Company: ZDAN
Filing Date: 2025-02-18
Form Type: DRS/A
Source: 0001683168-25-001085
Chunk: 141

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-02-18
Form: DRS/A
Chunk 141
---
 to WFOE after deducting all the taxes and fees required
by the applicable PRC Law. The Exclusive Option Agreement further provides that the VIE Shareholders shall not dispose of or encumber
any of their equity interests in the VIE without the prior written consent of WFOE, and the VIE shall not dispose of or transfer any
of its assets or income or distribute any dividends to the VIE Shareholders in any manner. The Exclusive Option Agreement remains effective
unless otherwise terminated by WFOE or terminated pursuant to other agreements entered into among all parties to the Exclusive Option
Agreement.

Spousal Consent.Pursuant
to the Spousal Consent Letters dated May 24, 2023, the spouse of each applicable shareholder of the VIE unconditionally and irrevocably
agreed that the equity interest in the VIE held by them and registered in their names will be disposed of pursuant to the Exclusive Consulting
and Services Agreement, the Exclusive Option Agreement, the Equity Interest Pledge Agreement and the Powers of Attorney described above
and below. Each of the signing spouse agreed not to assert any rights over the equity interest in the VIE held by such shareholder. In
addition, in the event that any spouse obtains any equity interest in such VIE held by such shareholder for any reason, he or she agreed
to be bound by and sign any legal documents substantially similar to the contractual arrangements described above, as may be amended
from time to time.

In the opinion of Global
Law Office, our PRC legal counsel, the VIE Agreements are not in violation of any prohibitive provisions of the current applicable
PRC Laws, however, the relevant PRC regulatory authorities have broad discretion in determining whether the VIE structure violates PRC
laws. Accordingly, the PRC regulatory authorities may take a view that is contrary to, or otherwise different from, the above opinion
of our PRC legal counsel.

| 79 |

<div align='center'>MANAGEMENT’S DISCUSSION
AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS</div>

The following discussion and analysis of our financial condition and results of operations should be read in conjunction with our financial statements and the related notes included elsewhere in this prospectus. This discussion contains forward-looking statements reflecting our current expectations that involve risks and uncertainties. See “ Cautionary Note Regarding Forward-Looking Statements” for a discussion of the uncertainties, risks, and assumptions associated with these statements. Actual results and the