Company: ZDAN
Filing Date: 2025-01-10
Form Type: DRS/A
Source: 0001683168-25-000168
Chunk: 164

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-01-10
Form: DRS/A
Chunk 164
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 contractual arrangements.

Background

As the internet continues
to develop, we believe certain problems with the traditional and current networks (which can informally be referred to as Web 2.0) will
become more and more pronounced. Among them are: (1) security concerns; (2) centralization concerns, for example, certain companies have
full control over personal data stored on their centralized servers; and (3) resource limitation concerns, for instance, as virtual or
augmented reality and AI (and other technologies loosely considered to be a part of Web3) become more ubiquitous, the processing power,
bandwidth, and storage resources required for such data increases, and consequently, companies and individuals find themselves requiring
newer and more advanced equipment to keep up with the increasing resource demands. We believe that we offer solutions to the limitations
of traditional networks. Secure, decentralized distributed networks can be created at relatively little cost, whereby a company or individual
can have at their disposal sufficient processing power, bandwidth, and storage necessary to meet the increased demands of the next generation
of the internet which some have coined “Web3” through the secure sharing of resources across the decentralized network. Web3
is built on the concepts of decentralization, openness, and user-control of data, shifting away from centralization in the current Web
2.0 landscape by leveraging technologies such as distributed networks, encryption algorithms, and blockchain.

Our Mission

Driving continuous advancement
in internet technology.

Overview

We are a company incorporated
in China, dedicated to providing a comprehensive solution for global users in the transition to the new generation of the internet. Our
distributed network infrastructure software products enable users to efficiently set up distributed networks or migrate existing centralized
applications to distributed networks.

As the internet continues
to develop, we believe certain problems with the traditional and current networks (which can informally be referred to as Web 2.0) will
become more and more pronounced. Among them are: (1) security concerns; (2) centralization concerns, for example, certain companies have
full control over personal data stored on their centralized servers; and (3) resource limitation concerns, for example, as virtual or
augmented reality and AI become more ubiquitous, the processing power, bandwidth, and storage resources required for such data increases,
and consequently, there is an increase in the demand for processing power, bandwidth, and storage resources for the data associated with
these technologies.

Therefore, companies and
individuals find the need to upgrade to