Company: ZDAN
Filing Date: 2025-07-28
Form Type: F-1/A
Source: 0001683168-25-005450
Chunk: 27

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-07-28
Form: F-1/A
Chunk 27
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please refer to “Corporate History and Structure.”

Notes: All percentages reflect the equity interests.

| (1) | Zerolimit Digital Technology Limited, a British Virgin Islands limited company, holds 36,505,000 ordinary shares.  Zerolimit Digital Technology Limited is 100% owned by Guangqing Hu, the Company’s Chief Technology Officer and Chairman of the Board of Directors.                                                                                |
| (2) | Zerolimit Excellence Limited, a British Virgin Islands limited company, holds 5,500,000 ordinary shares. Zerolimit Excellence Limited is 100% owned by Kai Hu, our former director and the nephew of the Chief Technology Officer, Guangqing Hu, and the Company’s former director and an employee of the VIE.                                       |
| (3) | Represents 5,500,000 ordinary shares held by Zerolimit Power Limited, a British Virgin Islands limited company, holds 5,500,000 ordinary shares.  Zerolimit Power Limited is 100% owned by Jian Gang, the Company’s former director.                                                                                                                 |
| (4) | Represents 2,495,000 ordinary shares held by Zerolimit Virtue Limited, a British Virgin Islands limited company, holds 2,495,000 ordinary shares. Zerolimit Virtue Limited is 100% owned by Baifen Le, our former director and the wife of the Chief Technology Officer, Guangqing Hu, and the Company’s former director and an employee of the VIE. |

All of the share holdings
and percentage ownership set forth above in (1) through (4) are current as of the date of this prospectus.

The VIE commenced its business
in China in 2017. In the early stages of our establishment, we focused on building the overall technological framework to expedite the
development process of the distributed network. From 2018 to 2019, we made breakthroughs in the technological framework, including the
development of mobile deployment, peer-to-peer networking, and distributed storage. We also launched successive versions of our distributed
network configuration tool software, including a demo version, internal test version, and public test version. In September 2021, we
officially launched the Cloud Base Station Node Software, which marked a milestone in our business operations. Since 2021, we have begun
generating revenue from software products developed based on distributed networks. In 2022, we obtained the national high-tech enterprise
certification