Company: ZDAN
Filing Date: 2025-01-10
Form Type: DRS/A
Source: 0001683168-25-000168
Chunk: 193

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-01-10
Form: DRS/A
Chunk 193
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apply for security assessment if: (i) the data processors provide important data overseas; (ii) the critical information infrastructure
operators and the data processors that process personal information of more than 1 million people provide personal information
overseas; (iii) the data processors, which have provided personal information of 100,000 people or sensitive personal information of
10,000 people overseas since January 1st of the previous year, provide personal information overseas; and (iv) other situations required
to apply for security assessment as stipulated by the CAC and related authorities. Besides, the Measures also requires data processors
to carry out self-assessment of the risk of providing data overseas before applying for the security assessment.

According to the Security
Protection Measures on Critical Information Infrastructure promulgated by the State Council on July 30, 2021 and came into effect on
September 1, 2021, a “critical information infrastructure” has the meaning of an important network facility and information
system in important industries such as public communications and information services, energy, transportation, water conservancy, finance,
public services, e-government, national defense technology, etc., as well as other important network facilities and information systems
that may seriously endanger national security, the national economy, the people’s livelihood, or the public interests in the event
of damage, loss of function, or data leakage. The protection departments shall organize the identification of critical information infrastructures
in their respective industries in accordance with certain identification rules and shall promptly notify the identified operators and
the public security department of the State Council of the identification results.

Regulations Relating to Labor and Social Insurance

The Labor Law of the PRC,
effective on January 1, 1995 and subsequently amended on August 27, 2009 and December 29, 2018, the PRC Labor Contract
Law, effective on January 1, 2008 and subsequently amended on December 28, 2012 and the Implementing Regulations of the Employment
Contract Law, effective on September 18, 2008, provide requirements concerning employment contracts between an employer and its
employees. If an employer fails to enter into a written employment contract with an employee within one year from the date on which the
employment relationship is established, the employer must rectify the situation by entering into a written employment contract with the
employee and paying the employee twice the employee’s salary for the period from the day following the lapse of one month
from the date of establishment