Company: ZDAN
Filing Date: 2025-07-28
Form Type: F-1/A
Source: 0001683168-25-005450
Chunk: 244

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-07-28
Form: F-1/A
Chunk 244
---
 limited circumstances.

If you consider that your
personal data has not been handled correctly, or you are not satisfied with our responses to any requests you have made regarding the
use of your personal data, you have the right to complain to the Cayman Islands’ Ombudsman. The Ombudsman can be contacted by calling
+1 (345) 946-6283 or by email at info@ombudsman.ky.

Legislation of the Cayman Islands

The Cayman Islands, together
with several other non-European Union jurisdictions, have recently introduced legislation aimed at addressing concerns raised by the Council
of the European Union as to offshore structures engaged in certain activities which attract profits without real economic activity. With
effect from January 1, 2019, the International Tax Co-operation (Economic Substance) Act (Revised) (the “Substance Act”)
came into force in the Cayman Islands, introducing certain economic substance requirements for in-scope Cayman Islands entities which
are engaged in certain “relevant activities,” which in the case of exempted companies incorporated before January 1,
2019, applies in respect of financial years commencing July 1, 2019, onwards. However, it is anticipated that our Company may
remain out of scope of the legislation or else be subject to more limited substance requirements.

| 151 |

History of Share Capital

Share Transfer and Allotment in February 2023

(i) Zerolimit Cayman was
incorporated on February 2, 2023, and Ogier Global Subscriber (Cayman) Limited received 1 Ordinary Share as the subscriber.

(ii) On February 2, 2023,
Ogier Global Subscriber (Cayman) Limited transferred 1 Ordinary Share to Zerolimit Digital Technology Limited.

| Transferor                               |     | Transferee                           |     | Number of       
 Ordinary Shares |      |
| Ogier Global Subscriber (Cayman) Limited |     | Zerolimit Digital Technology Limited |     |                 | 1.00 |

(iii) On February 2, 2023,
we issued 4,999 Ordinary Shares to our founding shareholders as below:

| Allottee                             |     | Number of Ordinary Shares* |          |     | Consideration |          |
|:-------------------------------------|:----|:---------------------------|---------:|:----|:--------------|---------:|
| Zerolimit Digital Technology Limited |     |