Company: ZDAN
Filing Date: 2025-01-10
Form Type: DRS/A
Source: 0001683168-25-000168
Chunk: 26

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-01-10
Form: DRS/A
Chunk 26
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 equity interests in ZeroLimit Digital Technology Co., Ltd, respectively; Zerolimit
Origin Technology (Shenzhen) Co., Ltd equity interest holders include Guangqing Hu and Kai Hu, who hold 90% and 10% of the equity interests
in the Zerolimit Origin Technology (Shenzhen) Co., Ltd, respectively.

Our Ordinary Shares in this
offering are shares of our offshore holding company in the Cayman Islands instead of shares of the VIE.

The following diagram illustrates
our corporate structure, including our subsidiary and the VIE, as of the date of this prospectus. For more detail on our corporate history,
please refer to “Corporate History and Structure.”

Notes: All percentages reflect the equity interests.

| (1) | Represents 36,505,000 ordinary shares held by Zerolimit Digital Technology                                                           
 Limited, a British Virgin Islands limited company, which is 100% owned by Guangqing Hu, the Company’s Chief Technology Officer       
 and Chairman of the Board of Directors, as of the date of this prospectus.                                                           |
| (2) | Represents 5,500,000 ordinary shares held by Zerolimit Excellence Limited,                                                           
 a British Virgin Islands limited company, which 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, as of the date of this prospectus.              |
| (3) | Represents 5,500,000 ordinary shares held by Zerolimit Power Limited,                                                                
 a British Virgin Islands limited company, which is 100% owned by Jian Gang, the Company’s former director, as of the date of         
 this prospectus.                                                                                                                     |
| (4) | Represents 2,495,000 ordinary shares held by Zerolimit Virtue Limited,                                                               
 a British Virgin Islands limited company, which 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, 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