Company: ZDAN
Filing Date: 2025-01-10
Form Type: DRS/A
Source: 0001683168-25-000168
Chunk: 191

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-01-10
Form: DRS/A
Chunk 191
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Anti-Unfair Competition Law, which was promulgated by the Standing Committee of the National People’s Congress
(“NPC”) in September of 1993 and last amended in April of 2019, the term “trade secrets” refers to technical
and business information that is unknown to the public, has utility, may create business interests or profits for its legal owners
or holders, and is maintained as a secret by its legal owners or holders. Under the PRC Anti-Unfair Competition Law, business
persons are prohibited from infringing others’ trade secrets by: (1) obtaining the trade secrets from the legal owners or
holders by any unfair methods such as theft, bribery, fraud, coercion, electronic intrusion, or any other illicit means; (2)
disclosing, using or permitting others to use the trade secrets obtained illegally under item (1) above; (3) disclosing, using or
permitting others to use the trade secrets, in violation of any contractual agreements or any requirements of the legal owners or
holders to keep such trade secrets in confidence; or (4) instigating, inducing or assisting others to violate a confidentiality
obligation or to violate a legal holder’s requirements on keeping confidentiality of trade secrets, disclosing, using or
permitting others to use the trade secrets of such holder. If a third party knows or should have known of the above-mentioned
illegal conduct but nevertheless obtains, uses or discloses trade secrets of others, the third party may be deemed to have committed
a misappropriation of the others’ trade secrets. The parties whose trade secrets are being misappropriated may petition for
administrative corrections, and regulatory authorities may stop any illegal activities and fine infringing parties.

Regulations Relating to Data Security

According to the PRC Cybersecurity
Law promulgated by the Standing Committee of the National People’s Congress on November 7, 2016 and came into effect on June 1,
2017, a network refers to a system that is composed of computers or other information terminals and relevant facilities used for the
purpose of collecting, storing, transmitting, exchanging and processing information in accordance with certain rules and procedures.
Network security refers to the ability to prevent attacks, intrusions, interference, damage and illegal use of the network and accidents
by taking the necessary measures to keep the network in a stable and reliable state of operation, and to safeguard the integrity, confidentiality
and availability of network data. Network operators refer to owners and administrators of networks