Company: ZDAN
Filing Date: 2025-07-28
Form Type: F-1/A
Source: 0001683168-25-005450
Chunk: 87

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-07-28
Form: F-1/A
Chunk 87
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, and are governed by PRC laws, rules and regulations. The PRC legal system is a civil law system based on written
statutes and prior court decisions may not be cited for reference. The PRC government authorities may strengthen oversight and control
over offerings that are conducted overseas and/or foreign investment in China-based issuers like us. Such actions taken by the PRC government
authorities may intervene or influence the VIE’s operations at any time, which are beyond our control. Therefore, any such action
may adversely affect our or the VIE’s operations and could completely limit or hinder our ability to offer or continue to offer
securities to you and cause the value of such securities to significantly decline or become worthless.

In 1979, the PRC government
began to promulgate a comprehensive system of laws, rules and regulations governing economic matters in general. The overall effect of
legislation over the past four decades has significantly enhanced the protections afforded to various forms of foreign investment in
China. However, the recently enacted laws, rules and regulations in China may not sufficiently cover all aspects of economic activities
in China or may be subject to significant degrees of interpretation by PRC regulatory agencies. In particular, because these laws, rules
and regulations are relatively new, and because of the limited number of published decisions and the nonbinding nature of such decisions,
and because the laws, rules and regulations often give the relevant regulator significant discretion in how to enforce them, the interpretation
and enforcement of these laws, rules and regulations involve uncertainties and can be inconsistent and unpredictable.

On February 17, 2023, with
the approval of the State Council, the CSRC released the Trial Measures and five supporting guidelines, which came into effect on March
31, 2023. According to the Trial Measures, domestic companies that seek to offer or list securities overseas, both directly and indirectly,
should fulfill the filing procedures and report relevant information to the CSRC. Based on the foregoing, we are required to complete
necessary filing procedures with the CSRC pursuant to the Trial Measures. As of the date of this prospectus, we have prepared the filing
application materials required by the Trial Measures, however, we cannot assure you that we will be able to obtain the clearance of filing
procedures under the Trial Measures on a timely basis, or at all. Any failure by us to comply with such filing requirements under the
Trial Measures may result in an order to rectify, warnings and fines against us and could materially