Company: ZDAN
Filing Date: 2025-02-18
Form Type: DRS/A
Source: 0001683168-25-001085
Chunk: 307

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-02-18
Form: DRS/A
Chunk 307
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 Renminbi Call Deposits with PRC banks which are redeemable in 7 days. Call Deposits
provide higher interest rates than a savings account while giving the Company flexible access to its savings.

4. Accounts Receivable, net

|                                 |     | As of September 30, |      2024 |   |     |   |     2023 |   |
|:--------------------------------|:----|:--------------------|----------:|:--|:----|:--|---------:|:--|
| Less than 6 months              |     | $                   | 3,409,071 |   |     | $ |  295,538 |   |
| More than 1 year                |     |                     |   130,529 |   |     |   |        – |   |
| Accounts receivable             |     |                     | 3,539,600 |   |     |   |  295,538 |   |
| Less: Allowance for credit loss |     |                     |  (222,789 | ) |     |   | (152,412 | ) |
| Total                           |     | $                   | 3,316,811 |   |     | $ |  143,126 |   |

The roll forward schedule of accounts receivable allowance is as follows:

|                                  |     | Amount |          |   |
|                                  |     | US$    |          |   |
| Balance as of September 30, 2023 |     |        | (152,412 | ) |
| Addition                         |     |        |  (89,869 | ) |
| Recovery                         |     |        |   27,206 |   |
| Exchange rate effect             |     |        |   (7,714 | ) |
| Balance as of September 30, 2024 |     |        | (222,789 | ) |

As of September 30, 2024 and 2023, $62,663 and
$152,412 of expected credit loss was recognized in General and Administration Expenses against its accounts receivable, respectively.

| F-20 |

5. Prepayments and other current assets

Prepaid expenses and other current assets consisted of the following
as of September 30, 2024 and 2023.

|                                           |     |   |         As of 
 September 30, 
          2024 |   |     |   |         As of 
 September