Company: ZDAN
Filing Date: 2025-07-28
Form Type: F-1/A
Source: 0001683168-25-005450
Chunk: 284

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-07-28
Form: F-1/A
Chunk 284
---
. Paid-in capital of Shenzhen VIE was approximately $2,953,991 (approximately RMB 20 million) as of September 30, 2024.

The Company, through its variable interest entity
(“VIE”), and its subsidiaries, provides distributed network infrastructure software products and solutions. The distributed
network infrastructure software product of Shenzhen VIE enables users to efficiently establish distributed networks or migrate existing
centralized applications to distributed networks.

On May 24, 2023, the Company completed a reorganization
of entities under common control of its then existing shareholders, who collectively owned all of the equity interests of the Company
prior to the reorganization. The Company and Zerolimit HK were established as the holding companies of Shenzhen WFOE. Shenzhen WFOE is
the primary beneficiary of Shenzhen VIE, and all of these entities included in the Company are under common control which results in the
consolidation of Shenzhen VIE which have been accounted for as a reorganization of entities under common control at carrying value. The
consolidated financial statements are prepared on the basis as if the reorganization became effective as of the beginning of the first
period presented in the accompanying consolidated financial statements of the Company.

a. Subsidiaries

As of September 30,
2024, the detailed information of the Company and its consolidated subsidiaries and VIE are summarized as follows:

| Name                                                 
 of the entity                                        
 Zerolimit Technology Holding Co.                     
 Ltd. (“Zerolimit”)                                   
 Zerolimit Technology Holding Co. Limited (“Zerolimit 
 HK”)                                                 |     | Date            
 of              
 incorporation   
 February 2,     
 2023            
 March 13, 2023  |     | Percentage 
         of 
  ownership 
        100 
        100 | % 
 % |     | Place          
 of             
 incorporation  
 Cayman Islands 
 Hong Kong      |     | Principle                                  
 business activities                        
 Investment holding                         
 Investment holding and sales and marketing |
|:-----------------------------------------------------|:----|:----------------|:----|-----------:|:--|:----|:---------------|:----|:-------------------------------------------|
| Zerolimit Holdings (Shenzhen) Co., Ltd.              
 (“Shenzhen WFOE”)                                    |     | May 22, 2023    |     |        100 | % |     | China          |     | Technical consulting and support service   |
| Zhenglian