Company: ZDAN
Filing Date: 2025-01-10
Form Type: DRS/A
Source: 0001683168-25-000168
Chunk: 216

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-01-10
Form: DRS/A
Chunk 216
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28, 2025 for an authorization fee of 1,540,000.00 RMB and a
monthly fee of 180,000.00 RMB.

A Software Licensing
Agreement by and between the VIE (Zhenglian Technology (Shenzhen) Co, Ltd.) and Zerolimit Digital for Zerolimit Digital’s use of
the Hua Shengren software held by the VIE from March 1, 2024 to February 28, 2025 for an authorization fee of 1,000,000.00 RMB and a
monthly fee of 75,000.00 RMB.

A Trademark Authorization
Agreement by and between the VIE (Zhenglian Technology (Shenzhen) Co, Ltd.) and Zerolimit Digital for the VIE’s use of trademarks
held by Zerolimit Digital from January 1, 2021 to December 31, 2025 for free.

In addition, we have an
accounts receivable from Liaoning Pulian, a PRC limited company whereby Mr. Jian Gang, a former director of our Company and an indirect
shareholder with a 11% ownership interest through his wholly owned company, Zerolimit Power Limited, a British Virgin Islands limited
company. Mr. Gang is also an 11% owner of the VIE. The accounts receivable from Liaoning Pulian had an outstanding balance of US$1,297,265
as of the year ended September 30, 2023. This amount has been fully settled subsequently in December 2023.

The Company had a goods
purchasing arrangement with Zerolimit Cloud Business (Shenzhen) Co., Ltd. during 2022, previously known by the former name Zerolimit
Liquor (Shenzhen) Co., Ltd.

According to the “Software
Authorization Agreement” provided by the Company, Zhenglian Shenzhen authorizes Zerolimit Digital to use its software. There are
four software products Zerolimit Digital is authorized to use pursuant to such agreement, among which include the Huashengren application
software and Rushu Jiazhen software, distributed mobile applications. In addition, according to Guangqing Hu, Zhenglian Shenzhen does
not operate the above-mentioned software on its own and will not develop its own software in the future.

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According to the
“Software Authorization Agreement” provided by the Company, Zhenglian