Company: ZDAN
Filing Date: 2025-02-18
Form Type: DRS/A
Source: 0001683168-25-001085
Chunk: 318

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-02-18
Form: DRS/A
Chunk 318
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 does not expect that its assessment
regarding unrecognized tax positions will materially change over the next 12 months.

15. Ordinary shares

The Company was established as a holding company
under the laws of Cayman Islands. The Company’s authorized share capital is US$50,000 with a nominal or par value of US$1 each.
As of September 30, 2024 and 2023, 5,000 Ordinary Shares were issued and outstanding. Each Ordinary Share has one (1) vote.

| F-28 |

On February 19, 2024, the shareholders and Board
of Directors of the Company approved a forward split of our outstanding Ordinary Shares at a ratio of 10,000-for-1 share. Following the
forward split, the Company’s authorized share capital is US$50,000 divided into 500,000,000 Ordinary Shares of par value US$0.0001
each. As a result, as of the date hereof, there are 50,000,000 issued and outstanding ordinary shares of the Company. as set forth below:

| Allottee                             |     | Number of Ordinary Shares* |            |     | Consideration |          |
|:-------------------------------------|:----|:---------------------------|-----------:|:----|:--------------|---------:|
| Zerolimit Digital Technology Limited |     |                            | 36,505,000 |     | $             | 3,650.50 |
| Zerolimit Excellence Limited         |     |                            |  5,500,000 |     |               |   550.00 |
| Zerolimit Power Limited              |     |                            |  5,500,000 |     |               |   550.00 |
| Zerolimit Virtue Limited             |     |                            |  2,495,000 |     |               |   249.50 |
| Total                                |     |                            | 50,000,000 |     | $             | 5,000.00 |

The shares are presented on a retroactive basis
to reflect the stock split.

16. Statutory surplus reserves

The Company is required to make appropriations
to certain reserve funds, comprising the statutory surplus reserve and the discretionary surplus reserve, based on after-tax net income
determined in accordance with generally accepted accounting principles of the PRC (“PRC GAAP”). Appropriations to the statutory
surplus reserve are required to be at least 10