Company: ZDAN
Filing Date: 2025-06-30
Form Type: F-1
Source: 0001683168-25-004840
Chunk: 21

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-06-30
Form: F-1
Chunk 21
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 and solution. |

We are constantly innovating and learning of new ways to
improve our products and develop new solutions to address issues users face.

| § | Expand                              
 our sales and distribution network. |

We intend to expand our distribution
network to penetrate new geographic markets and gain market share in existing markets.

| § | Enhance                                                                
 our ability to attract, incentivize and retain talented professionals. |

We believe our success greatly depends
on our ability to attract, incentivize, and retain talented professionals. With a view toward improving our competitive advantage in
the market, we plan to implement a series of initiatives to attract additional and retain mid- to high-level personnel, including formulating
a market-oriented employee compensation structure and implementing a standardized multilevel performance review mechanism.

| 9 |

Recent PRC Regulatory Developments

On February 17, 2023, with
the approval of the State Council, the CSRC released the Trial Administrative Measures of Overseas Securities Offering and Listing by
Domestic Companies (the “Trial Measures”) and five supporting guidelines, which came into effect on March 31, 2023. According
to the Trial Measures, among other requirements, (1) domestic companies that seek to offer or list securities overseas, both directly
and indirectly, should fulfill the filing procedures with the CSRC; if a domestic company fails to complete the filing procedures, such
domestic company may be subject to administrative penalties; (2) where a domestic company seeks to indirectly offer and list securities
in an overseas market, the issuer shall designate a major domestic operating entity responsible for all filing procedures with the CSRC,
and such filings shall be submitted to the CSRC within three business days after the submission of the overseas offering and listing
application. On the same day, the CSRC also held a press conference for the release of the Trial Measures and issued the Notice on Administration
for the Filing of Overseas Offering and Listing by Domestic Companies, which clarifies that (1) on or prior to the effective date of
the 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 which, prior to the effective date of the Trial Measures, have already obtained
the