Company: ZDAN
Filing Date: 2025-07-28
Form Type: F-1/A
Source: 0001683168-25-005450
Chunk: 22

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-07-28
Form: F-1/A
Chunk 22
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Trial Measures, domestic companies that have already submitted valid applications for overseas offering and listing but have not obtained
approval from overseas regulatory authorities or stock exchanges may reasonably arrange the timing for submitting their filing applications
with the CSRC, and must complete the filing before the completion of their overseas offering and listing; (2) a six-month transition period
will be granted to domestic companies that, prior to the effective date of the Trial Measures, have already obtained approval from overseas
regulatory authorities or stock exchanges, but have not completed the indirect overseas listing; if domestic companies fail to complete
the overseas listing within such six-month transition period, they shall file with the CSRC according to the requirements; and (3) the
CSRC will solicit opinions from relevant regulatory authorities and complete the filing of the overseas listing of companies with contractual
arrangements which duly meet the compliance requirements, and support the development and growth of these companies. Based on the foregoing,
we are required to complete necessary filing procedures with the CSRC pursuant to the Trial Measures.

Furthermore, PRC counsel
has advised that on February 24, 2023, the CSRC revised the Provisions on Strengthening the Management of Confidentiality and Archives
Related to the Overseas Issuance of Securities and Overseas Listing by Domestic Companies, which were issued in 2009. The revised Archives
Rules came into effect on March 31, 2023, together with the Trial Measures. Consistent with the Trial Measures, the revised Archives Rules
will expand their application to cover indirect overseas offering and listing, by stipulating that a domestic company which plans to publicly
disclose or provide to relevant individuals or entities, including securities companies, securities service providers and overseas regulators,
any documents and materials containing state secrets or working secrets of government agencies, shall first obtain approval from competent
authorities according to law, and file with the secrecy administrative department at the same level.

In addition, on December
28, 2021, the Cyberspace Administration of China published the Measures for Cybersecurity Review, or Cybersecurity Review Measures, which
took effect on February 15, 2022, replacing the old Measures for Cybersecurity Review that took effect on June 1, 2020. According to the
Cybersecurity Review Measures, there are three scenarios that require cybersecurity review: (1) where a critical information infrastructure
operator purchases network products and services that may impact or potentially impact national security; (2) where a network platform
operator conducts data