Company: ZDAN
Filing Date: 2025-07-28
Form Type: F-1/A
Source: 0001683168-25-005450
Chunk: 7

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-07-28
Form: F-1/A
Chunk 7
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 our articles of incorporation or the equivalent, do not contain any charters
or mandates on behalf of the Chinese Communist Party. We have disclosed throughout this prospectus material risks related to the role
of the government of the PRC in the operations of PRC-based companies and operations, including disclosures about any material impacts
that intervention or control by the PRC could have with respect to our operations, our business or the value of our securities. To the
extent relevant or applicable to us, we have disclosed throughout this prospectus the material impacts of PRC statutes. We do not believe
the Uyghur Forced Labor Prevention Act (“UFLPA”), which among other things prohibits the import of goods from the Xinjiang
Uyghur Autonomous Region of the PRC, applies to our business or operations. Thus, we do not expect the UFLPA to materially impact our
business or operations. We have also set forth in the prospectus any material compliance risks and material supply chain disruptions that
we may face as a result of our connection to the PRC. See “Risk Factors” for more information.

Additionally, upon the completion
of this offering, we will be a “controlled company” as defined under corporate governance rules of Nasdaq. Guangqing Hu, the
Chairman of our board of directors (“Board of Directors”) and our Chief Technology Officer, is currently the beneficial owner
(as that term is defined under Rule 13d-3 promulgated pursuant to the Exchange Act) of 73.01% of our outstanding Ordinary Shares, which
is directly held by Zerolimit Digital Technology Limited, a British Virgin Islands exempted company with limited liability. Guangqing
Hu is the holder of 100% of the ordinary shares of Zerolimit Digital Technology Limited. See “Principal Shareholders.”
Our controlling shareholder will have substantial control over corporate matters after this offering. For so long as we remain a controlled
company under Nasdaq’s corporate governance standards, we are eligible to utilize certain exemptions from the corporate governance
requirements of Nasdaq. For more information, see “Risk Factors — Risks Related to this Offering
and the Ordinary Shares — We will be a “controlled company” within the meaning of the Nasdaq listing rules, and as such may follow certain exemptions from certain corporate governance requirements that could adversely affect our public shareholders.”

Neither the Securities and Exchange Commission nor any other regulatory body has approved or disapproved of these securities or determined if this prospectus is truthful or complete. Any