Company: ZDAN
Filing Date: 2025-01-10
Form Type: DRS/A
Source: 0001683168-25-000168
Chunk: 133

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-01-10
Form: DRS/A
Chunk 133
---

(ii) entertain original actions brought in each respective jurisdiction against us or our directors or officers predicated upon the securities
laws of the United States or any state in the United States.

| 74 |

There is no statutory enforcement
in the Cayman Islands of judgments obtained in the United States, although the courts of the Cayman Islands will in certain circumstances
recognize and enforce a foreign judgment, without any re-examination or re-litigation of matters adjudicated upon, provided such judgment:

| (a) | is given by a foreign court of competent                                     
 jurisdiction;                                                                |
| (b) | imposes on the judgment debtor a liability to pay a liquidated sum for which 
 judgment has been given;                                                     |
| (c) | is final;                                                                    |
| (d) | is not in respect taxes, a fine or a penalty;                                |
| (e) | was not obtained by fraud; and                                               |
| (f) | is not of a kind the enforcement of which is contrary to natural justice or  
 the public policy of the Cayman Islands.                                     |

Subject to the above limitations,
in appropriate circumstances, a Cayman Islands court may give effect in the Cayman Islands to other kinds of final foreign judgments
such as declaratory orders, orders for performance of contracts and injunctions.

Global Law Office has further
advised us that the PRC Civil Procedures Law governs the recognition and enforcement of foreign judgments. PRC courts may recognize and
enforce foreign judgments in accordance with the PRC Civil Procedures Law based either on treaties between the PRC and the country where
the judgment is made or on principles of reciprocity between jurisdictions.

The PRC does not have any
treaties or other agreements with the United States or the Cayman Islands that provide for the reciprocal recognition and enforcement
of foreign judgments. In addition, according to the PRC Civil Procedures Law, courts in the PRC will not enforce a foreign judgment against
us or our directors and officers if they determine that the judgment violates the basic principles of PRC law or national sovereignty,
security or public interest. As a result, it is uncertain whether a PRC court would enforce a judgment rendered by a court in the United
States or the Cayman Islands. Under the PRC Civil Procedures Law, foreign shareholders may originate actions based on PRC law against
us in the PRC, if they can establish a sufficient nexus to the PRC for a PRC court to have jurisdiction, and meet other procedural