Company: ZDAN
Filing Date: 2025-02-18
Form Type: DRS/A
Source: 0001683168-25-001085
Chunk: 153

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-02-18
Form: DRS/A
Chunk 153
---
plan, our management believes that the Company will be able to meet future liquidity and capital requirement for at least next twelve
months from the date of the issuance of the audited financial statements.

<div align='center'>Disclosure of Contractual Obligations</div>

There are no material contractual
obligations as of September 30, 2024, and 2023, except for the operating lease commitment. See “— Commitment.”

<div align='center'>Capital Expenditures on Intangible Assets</div>

Our capital expenditures
consist primarily of expenditures in the development of software as a result of our continued technological improvement on our products.
Our capital expenditures for intangible assets amounted to $12,210 and $593,670 for the fiscal year ended September 30, 2024 and 2023,
respectively.

We follow Financial Accounting
Standards Board (FASB) ASC 985 to account for software development costs incurred for external use software. ASC985 requires all development
costs to establish the technological feasibility of external-use software to be expensed as incurred. Development costs incurred after
establishing technological feasibility to produce the ‘product master’, referred to as ‘production costs’, are
capitalized to the extent recoverable by the net realizable value of the software product until the product is available for general
release.

Our development projects
for the fiscal years ended September 30, 2024 and 2023 are listed as below.

| 1 | Name                               
 of Intangible Assets               
 Rushujiazhen                       | Type     
 Licensed 
 software | Date                        
 of Feasibility Study Report 
 October                     
 1, 2021                     | Date                              
 reached technological feasibility 
 December                          
 1, 2021                           |                                       Total 
 Cost to be capitalized as Intangible Assets 
                                         For 
               year ended September 30, 2024 
                                           - |                           For 
 year ended September 30, 2023 
                       202,084 |
|:--|:-----------------------------------|:---------|:----------------------------|:----------------------------------|--------------------------------------------:|------------------------------:|
| 2 | Distributed                        
 cloud disk                         | Licensed 
 software | September                   
 6, 2021                     | December                          
 1, 2021                           |                                           - |                        78,339 |
| 3 | Metaverse                          
 Box - Streaming Media Services App | Licensed 
 software | July                        
 1, 2021                     | October                           
 8, 2021                           |