Company: ZDAN
Filing Date: 2025-01-10
Form Type: DRS/A
Source: 0001683168-25-000168
Chunk: 284

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-01-10
Form: DRS/A
Chunk 284
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lian Technology (Shenzhen) Co., Ltd.(“Shenzhen VIE”) |     | August 28, 2017  |     |             0 | % |     | China          |     | Software license and related services      |

| F-7 |

b. VIE agreements

The following is a summary of the VIE Agreements.

Powers of Attorney

Under the Powers of Attorney, dated May 24, 2023,
executed by each VIE Shareholder, accepted by WFOE and acknowledged by the VIE, each of the VIE Shareholder irrevocably authorized ‘the
WFO’'s designee, to (i) attend the shareholders’ meeting of the VIE and execute relevant shareholders’ resolutions
on behalf of the VIE Shareholder, (ii) exercise all the VIE Shareholder’s right that the VIE Shareholder is entitled to under
the PRC laws promulgated from time to time and the articles of association of the VIE amended from time to time, including but not limited
to, shareholders’ rights to vote, sell, transfer, pledge or dispose of all or a portion of the equity interests in the VIE, (iii) appoint
and elect, as the VIE Shareholder’s authorized representative, the legal representative, chairman of the board of directors, directors,
supervisors, general managers and other senior managements, (iv) execute documents, meeting minutes and relevant filling documents in
relation to the registration of the VIE kept by competent administrations of industry and commerce, and (v) exercise all voting rights
on behalf of the VIE Shareholder when it is bankrupted. The powers of attorney will remain effective until the shareholders are no longer
registered VIE Shareholders.

Equity Interest Pledge Agreement

On May 24, 2023, the VIE Shareholders and WFOE
entered into an Equity Interest Pledge Agreement. Under this agreement, the VIE Shareholders pledged their equity interests in the VIE
to WFOE to secure the performance of their obligations under the exclusive option agreement and the power of attorney, and the VIE’s
payment obligations under the Exclusive Consulting and Services Agreement as described below. Without WFOE’s prior written consent,
the VIE Shareholders shall not transfer the equity interests pledged thereunder or create any other pledge or encumbrance on such equity
interests during the term of the equity interest pledge agreement. The equity interest