Company: ZDAN
Filing Date: 2025-06-30
Form Type: F-1
Source: 0001683168-25-004840
Chunk: 44

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-06-30
Form: F-1
Chunk 44
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 of the date of this prospectus, we are not aware of any conflicts between the VIE Shareholders and us. However, the VIE
Shareholders may have actual or potential conflicts of interest with us in the future. These VIE Shareholders may refuse to sign or breach,
or cause the VIE to breach, or refuse to renew, the existing contractual arrangements we have with them and the VIE, which would have
a material and adverse effect on our ability to receive economic benefits from it for accounting purposes. For example, these VIE Shareholders
may be able to cause our agreements with the VIE to be performed in a manner adverse to us by, among other things, failing to remit payments
due under the contractual arrangements to us on a timely basis. We cannot assure you that when conflicts of interest arise any or all
of these VIE Shareholders will act in the best interests of our Company or such conflicts will be resolved in our favor. Currently, we
do not have any arrangements to address potential conflicts of interest between these VIE Shareholders and our Company. If we cannot
resolve any conflict of interest or dispute between us and these VIE Shareholders, we would have to rely on legal proceedings, which
could result in disruption to our business and subject us to substantial uncertainty as to the outcome of any such legal proceedings.

We may lose the ability to use and enjoy assets held by the VIE that are material to the operation of our business if the entity goes bankrupt or becomes subject to a dissolution or liquidation proceeding.

If the VIE goes bankrupt
and all or part of its assets become subject to liens or rights of third-party creditors, we may be unable to continue our business activities,
which could materially and adversely affect our business, financial condition and results of operations. Under the contractual arrangements,
the VIE may not, in any manner, sell, transfer, mortgage or dispose of its assets or legal or beneficial interests in the business without
our prior consent. If the VIE undergoes a voluntary or involuntary liquidation proceeding, any independent third-party creditors may
claim rights to some or all of these assets, thereby hindering our ability to operate our business, which could materially and adversely
affect our business, financial condition and results of operations.

Contractual arrangements in relation to the VIE may be subject to scrutiny by the PRC tax authorities and they may determine that WFOE or the VIE owe additional taxes, which could negatively affect our financial condition and the