Company: ZDAN
Filing Date: 2025-01-10
Form Type: DRS/A
Source: 0001683168-25-000168
Chunk: 208

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-01-10
Form: DRS/A
Chunk 208
---
 consist
solely of independent directors that satisfy the Nasdaq and SEC requirements within one year of the completion of this offering. Our
Board of Directors has also determined that Mr. Chen qualifies as an “audit committee financial expert” within the meaning
of the SEC rules and possesses financial sophistication within the meaning of the Nasdaq listing rules.

The audit committee will
oversee our accounting and financial reporting processes and the audits of our financial statements. The audit committee will be responsible
for, among other things:

| · | selecting our independent registered public accounting firm and pre-approving                          
 all auditing and non-auditing services performed by our independent registered public accounting firm; |
| · | reviewing with the independent registered public accounting firm any audit problems or difficulties    
 and management’s response;                                                                             |
| · | reviewing and approving all proposed related-party transactions, as defined in Item 404 of             
 Regulation S-K under the Securities Act;                                                               |
| · | discussing the annual audited financial statements with management and our independent registered      
 public accounting firm;                                                                                |
| · | annually reviewing and reassessing the adequacy of our audit committee charter;                        |
| · | meeting separately and periodically with management and our independent registered public accounting   
 firms;                                                                                                 |
| · | reporting regularly to the full Board of Directors; and                                                |
| · | performing such other matters that are specifically delegated to our audit committee by our Board      
 of Directors from time to time.                                                                        |

Compensation Committee

Our compensation committee
will consist of Mr. Chen, Mr. Xiaosha Hu, and Ms. Zhang. Ms. Zhang will be the chairman of our compensation committee. We have determined
that Mr. Chen, Mr. Xiaosha Hu, and Ms. Zhang satisfy the “independence” requirements of Rule 5605(a)(2) of the
Nasdaq listing rules.

The compensation committee
will assist the board in reviewing and approving the compensation structure, including all forms of compensation, relating to our directors
and executive officers. Guangqing Hu, Our Director and Chief Technology Officer, may not be present at any committee meeting during which
his compensation is deliberated

The compensation committee
will be responsible for, among other things:

| · | reviewing and approving, or recommending to the board for its approval, 
 the compensation for our executive officers;                            |

| · | reviewing and recommending to the Board of Directors for determination                                             
 with respect to the compensation of our non-employee directors;                                                    |
| · | reviewing