Company: ZDAN
Filing Date: 2025-07-28
Form Type: F-1/A
Source: 0001683168-25-005450
Chunk: 192

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-07-28
Form: F-1/A
Chunk 192
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 owners and administrators
of networks and network service providers. “Network data” refers to all kinds of electronic data collected, stored, transmitted,
processed and generated through the network. “Personal information” refers to all kinds of information recorded electronically
or by other means which can identify a natural person individually or in combination with other information, including but not limited
to the name, date of birth, identity document number, personal biometric information, residential address, telephone number and other
information of a natural person. Network operators shall maintain strict confidentiality of user information collected by them and establish
a sound system for the protection of user information. In order to regulate data processing activities, safeguard data security, promote
data development and utilization, protect the legitimate rights and interests of individuals and organizations, and safeguard the state’s
sovereignty, security and development interests, the Standing Committee of the National People’s Congress promulgated the Data Security
Law of the People’s Republic of China (the “Data Security Law”) on June 10, 2021, which came into effect on September
1, 2021. The Data Security Law requires that data processing activities shall be carried out in accordance with the law and shall not
endanger national security or public interests, nor harm the legitimate rights and interests of individuals or organizations. The State
has established a data classification and classification protection system, a data security assessment system, a data security emergency
disposal mechanism and a data security audit system.

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The Cyberspace Administration
of China, or the “CAC,” together with 12 other relevant regulators, jointly revised and promulgated on December 28, 2021 the
Measures for Cybersecurity Review, which took effect on February 15, 2022, replacing the old Measures for Cybersecurity Review, which took
effect on June 1, 2020. The Measures for Cybersecurity Review requires network platform operators with personal information of more than
one million users to report to the Cyberspace Administration for cybersecurity review when they seek overseas listing. For operators of
critical information infrastructures purchasing network products and services which affect or may affect national security, they should
report to the Cyberspace Administration for cybersecurity review.

On July 7, 2022, the CAC
promulgated the Measures for the Security Assessment of Cross-Border Transfer of Data, which took effect on September 1, 2022. The Measures
aim to regulate the cross-border transfer of data, providing