Company: ZDAN
Filing Date: 2025-07-28
Form Type: F-1/A
Source: 0001683168-25-005450
Chunk: 29

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-07-28
Form: F-1/A
Chunk 29
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 the current
applicable PRC Laws. However, relevant PRC regulatory authorities have broad discretion in determining whether the VIE structure
violates PRC laws and may take a view that is contrary to, or otherwise different from, the above opinion of our PRC legal counsel.
We are also subject to the risks of uncertainty about any future actions of the PRC government in this regard that could disallow
the VIE structure, which would likely result in a material change in our operations and a complete hindrance of our ability to offer
or continue to offer our securities to investors and the value of our Ordinary Shares may depreciate significantly or become
worthless. See “Risk Factors — Risks Related to Our Corporate
Structure — We rely on contractual arrangements with the VIE and the VIE Shareholders for a large portion of our
business operations. See also “Risk Factors — Risks Related to Our Corporate Structure — If the PRC government determines that the contractual arrangements constituting part of the VIE structure do not comply with PRC regulations, or if these regulations change or are interpreted differently in the future, we may be unable to assert our contractual rights over the assets of the VIE and its subsidiary, and our Ordinary Shares may decline in value or become worthless.”

Summary of Risk Factors

We face various legal and
operational risks and uncertainties as we have substantial operations in China. The PRC government has significant authority to exert
influence on the ability of a China-based company, like the VIE, to conduct its business, accept foreign investments or list on U.S. stock
exchanges. For example, we face risks associated with regulatory approvals of offshore offerings, anti-monopoly regulatory actions, cybersecurity
and data privacy, as well as issues that can arise if the PCAOB is unable to perform an inspection on our registered public accounting
firm. Any such action, once taken by the PRC government, could cause the value of our securities to significantly decline or in extreme
circumstances, become worthless. The operational risks associated with being based in and having operations in China also apply to operations
in Hong Kong. With respect to the legal risks associated with being based in and having operations in China, the laws, regulations and
discretion of the governmental authorities in China discussed in this prospectus are expected to apply to entities and businesses in mainland
China, rather than to entities or businesses in Hong Kong, which operate under a different set of laws from those of mainland China.

Investing in the Ordinary