Company: ZDAN
Filing Date: 2025-01-10
Form Type: DRS/A
Source: 0001683168-25-000168
Chunk: 124

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-01-10
Form: DRS/A
Chunk 124
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 which would otherwise be confidential. This may give them advantages in competing with
our Company. Similarly, as a U.S. public company, we will be governed by U.S. laws that our competitors, which are mostly private companies
in the PRC, are not required to follow. To the extent that compliance with U.S. laws increases our expenses or decreases our competitiveness
against such companies, our public company status could affect our results of operations.

Cayman Islands economic substance requirements may have an effect on our business and operations.

Pursuant to the International
Tax Cooperation (Economic Substance) Act, 2018 of the Cayman Islands, or the ES Act, that came into effect on January 1, 2019, a
“relevant entity” is required to satisfy the economic substance test set out in the ES Act. Our Company is deemed to be a
“relevant entity” since it is an exempted company incorporated in the Cayman Islands. Based on our Cayman Islands counsel’s
current interpretation of the ES Act, we believe that our Company is a pure equity holding company since it only holds equity participation
in other entities and only earns dividends and capital gains. Accordingly, for so long as our Company is a “pure equity holding
company,” it is only subject to the minimum substance requirements, which require us to (i) comply with all applicable filing
requirements under the Companies Act; and (ii) have adequate human resources and adequate premises in the Cayman Islands for holding
and managing equity participations in other entities. However, there can be no assurance that we will not be subject to more requirements
under the ES Act. Uncertainties over the interpretation and implementation of the ES Act may have an adverse impact on our business and
operations.

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<div align='center'>CAUTIONARY NOTE REGARDING
FORWARD-LOOKING STATEMENTS</div>

This prospectus contains
forward-looking statements that reflect our current expectations and views of future events. The forward-looking statements are contained
principally in the sections entitled “Prospectus Summary,” “Risk Factors,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” “Our Business” and “Regulation.”
Known and unknown risks, uncertainties and other factors, including those listed under “Risk Factors,” may cause our
actual results, performance or achievements to be materially different from those expressed or implied by the forward-looking statements.

You can identify some of
these forward-looking statements by words or phrases