Company: ZDAN
Filing Date: 2025-01-10
Form Type: DRS/A
Source: 0001683168-25-000168
Chunk: 5

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-01-10
Form: DRS/A
Chunk 5
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ified Issuer” following the filing of the annual
report on Form 20-F for the relevant fiscal year. There can be no assurance that we would not be identified as a “Commission-Identified
Issuer” for any future fiscal year, and if we were so identified for two consecutive years, we would become subject to the prohibition
on trading under the HFCAA. The delisting of our securities, or the threat of being delisted, may materially and adversely affect the
value of your investment. These risks could result in a material adverse change in our operations and the value of our securities, which
may significantly limit or completely hinder our ability to offer or continue to offer securities to investors, or cause the value of
such securities to significantly decline or become worthless. For more details, see “Risk Factors –
Risks Related to Doing Business in the PRC– If it is later determined that the PCAOB is unable to inspect and investigate completely our auditor, our securities will be prohibited from trading in the United States under the Holding Foreign Companies Accountable Act (the HFCAA). The delisting of and prohibition from trading our securities, or the threat of their being delisted and prohibited from trading, may cause the value of our securities to significantly decline or become worthless.”

We are an “emerging growth company” and a “foreign private issuer” as defined under U.S. federal securities laws and are eligible for reduced public company reporting requirements. See “ Prospectus Summary— Implications of Being an Emerging Growth Company and a Foreign Private Issuer” and “ Risk Factors.”

We face various legal and
operational risks and uncertainties related to our subsidiaries and VIE’s operations in China. Our subsidiaries and the VIE have
substantial business operation located in China and are subject to evolving PRC laws and regulations. Our subsidiaries and the VIE expect
to be subject to the approval, filing or other requirements of the China Securities Regulatory Commission, or the CSRC, or other PRC
governmental authorities in connection with this offering under current PRC laws, regulations and rules. We may also be subject to cybersecurity
review by the Cyberspace Administration of China. Because these statements and regulatory actions are new and subject to change, it is
uncertain as to how quickly the legislative or administrative regulation making bodies in China will respond to companies, or what existing
or new laws or regulations will be amended or promulgated, if any, or the potential impact such amended or new legislation will have
on our business