Company: ZDAN
Filing Date: 2025-07-28
Form Type: F-1/A
Source: 0001683168-25-005450
Chunk: 215

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-07-28
Form: F-1/A
Chunk 215
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is deemed to have a controlling financial interest in, and be the primary beneficiary of, the VIE for accounting purposes only and must
consolidate the VIE because it met the conditions under U.S. GAAP to consolidate the VIE. For a description of these contractual arrangements,
see “Corporate History and Structure — the VIE Agreements.”

Relationship with Liaoning Pulian

Liaoning Pulian Suyuan Health
Technology Information Consulting Co., Ltd. (“Liaoning Pulian”) is a related party of the Company. Gang Jian serves as a
senior executive of Liaoning Pulian, and these related relationships have been confirmed by the accountant hired by the Company.

Related Party Lending

We previously had a lending
arrangement with Zerolimit Digital. However, as of the date of this prospectus, all such credit arrangements have been retired and there
are no related party amounts currently due, payable or outstanding.

Employment Agreements

See “Management—
Employment Agreements and Indemnification Agreements.”

Equity Incentive Plans

The Company currently has
no equity incentive plan in place.

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Material Transactions with Related Parties

The VIE has a series of
licensing agreements and a trademark authorization agreement (described below) with ZeroLimit Digital Technology Co., Ltd.:

A Software Licensing Agreement
by and between the VIE (Zhenglian Technology (Shenzhen) Co, Ltd.) and ZeroLimit Digital Technology Co., Ltd. (“Zerolimit Digital”)
for Zerolimit Digital’s use of distributed cloud disk software held by the VIE from March 1, 2023 to February 29, 2024 for
an authorization fee of 1,000,000.00 RMB and a monthly fee of 80,000.00 RMB.

A Software Licensing Agreement
by and between the VIE (Zhenglian Technology (Shenzhen) Co, Ltd.) and Zerolimit Digital for Zerolimit Digital’s use of distributed
domain name software held by the VIE from March 1, 2023 to February 29, 2024 for an authorization fee of 35,000.00 RMB and a monthly
fee of 2,500.00 RMB.

A Software Licensing Agreement
by and between the VIE (Zhenglian Technology (Shenzhen) Co, Ltd.) and Zerolimit Digital for Zerolimit Digital’s use of