Company: ZDAN
Filing Date: 2025-01-10
Form Type: DRS/A
Source: 0001683168-25-000168
Chunk: 214

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-01-10
Form: DRS/A
Chunk 214
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ams Cay II, PO Box 3170, Road Town, Tortola VG1110, British Virgin Islands.                                                       |
| (5) | Represents 5,500,000 Ordinary Shares held by Zerolimit                                                                                 
 Power Limited, a British Virgin Islands limited company 100% owned by Jian Gang, our former director; the registered address           
 of Zerolimit Power Limited is Ritter House, Wickhams Cay II, PO Box 3170, Road Town, Tortola VG1110, British Virgin Islands.           |

As of the date of this prospectus,
none of our Ordinary Shares are held by record holders in the United States. None of our shareholders have informed us that it is affiliated
with a registered broker-dealer or is in the business of underwriting securities. See “Description of Share Capital — History
of Share Capital” for a description of issuances of our Ordinary Shares that have resulted in significant changes in ownership
held by our major shareholders.

| 134 |

<div align='center'>RELATED PARTY TRANSACTIONS</div>

Except as set forth below,
during our preceding three financial years up to the date of this prospectus, there have been no transactions or loans between the company
and (a) enterprises that directly or indirectly through one or more intermediaries, control or are controlled by, or are under common
control with, the Company; (b) associates; (c) individuals owning, directly or indirectly, an interest in the voting power of the Company
that gives them significant influence over the company, and close members of any such individual’s family; (d) key management personnel,
that is, those persons having authority and responsibility for planning, directing and controlling the activities of the company, including
directors and senior management of companies and close members of such individuals’ families; any enterprises in which a substantial
interest in the voting power is owned, directly or indirectly, by any person described in (c) or (d) or over which such a person is able
to exercise significant influence. We have not established a related party management system.

Contractual Arrangements with the VIE and the VIE Shareholders

The VIE Agreements are designed
so that the operations of the VIE are solely for the benefit of WFOE and, ultimately, the Company. As such, under U.S. GAAP, the Company
is deemed to have a controlling financial interest in, and be the primary beneficiary of, the VIE for accounting purposes