Company: ZDAN
Filing Date: 2025-01-10
Form Type: DRS/A
Source: 0001683168-25-000168
Chunk: 189

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-01-10
Form: DRS/A
Chunk 189
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Patents

According to the Patent
Law of the PRC promulgated by the Standing Committee of the National People’s Congress on March 12,1984 with the current effective
version in effect as of June 1, 2021, and the Implementation Rules of the Patent Law of the PRC, which was promulgated by the
State Council in June of 2001 and last amended in December of 2023, there are three types of patents in the PRC: invention
patents, utility model patents and design patents. The protection period is 20 years for an invention patent, 10 years for a utility
model patent and 15 years for a design patent, which terms commence from their respective application dates. The Chinese patent system
adopts a “first-to-file” principle, which means that where more than one person files a patent application for the same invention,
a patent will be granted to the person who files the application first. To be patentable, invention or utility models must meet three
criteria demonstrating: novelty, inventiveness and practicability. A third party must obtain consent or a proper license from the patent
owner to use the patent. Otherwise, the use constitutes an infringement of the patent rights. Any individual or entity that utilizes
a patent or conducts any other activities that infringe upon a patent without prior authorization of the patent holder shall pay compensation
to the patent holder and is subject to a fine imposed by relevant administrative authorities and, if constituting a crime, shall be held
criminally liable in accordance with the law. According to the Patent Law of the PRC, any organization or individual that applies for
a patent in a foreign country for an invention or utility model patent established in China is required to report to the National Intellectual
Property Administration, or the NIPA, for confidentiality examination.

Copyright

Copyright in the PRC, including
copyrighted software, is principally protected under the Copyright Law of the PRC and related rules and regulations. Under the Copyright
Law, promulgated in September of 1990, implemented in June of 1991, amended in October of 2001, February of 2010
and November of 2020, and effective on June 1, 2021, the term of protection for copyrighted software is 50 years. The Regulation
on the Protection of the Right to Communicate Works to the Public over Information Networks, as most recently amended on January 30,
2013, provides