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

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-01-10
Form: DRS/A
Chunk 25
---
)             |      2,495,000 | 4.99%        |
| Total                          |     50,000,000 | 100%         |

Beneficial owners of the above
are as follows: (a) represents 36,505,000 ordinary shares held by Zerolimit Digital Technology Limited, a British Virgin Islands limited
company, which is 100% owned by Guangqing Hu, the Company’s Chief Technology Officer and Chairman of the Board of Directors, as
of the date of this prospectus; Guangqing Hu beneficially owns 100% of these shares on behalf of Zerolimit Digital Technology Limited;
(b) represents 5,500,000 ordinary shares held by Zerolimit Excellence Limited, a British Virgin Islands limited company, which is 100%
owned by Kai Hu, our former director and the nephew of the Chief Technology Officer, Guangqing Hu, and the Company’s former director
and an employee of the VIE, as of the date of this prospectus; Kai Hu beneficially owns 100% of these shares on behalf of Zerolimit Excellence
Limited; (c) represents 5,500,000 ordinary shares held by Zerolimit Power Limited, a British Virgin Islands limited company, which is
100% owned by Jian Gang, the Company’s former director, as of the date of this prospectus; Jian Gang beneficially owns 100% of
these shares on behalf of Zerolimit Power Limited; and (d) represents 2,495,000 ordinary shares held by Zerolimit Virtue Limited, a British
Virgin Islands limited company, which is 100% owned by Baifen Le, our former director and the wife of the Chief Technology Officer, Guangqing
Hu, and the Company’s former director and an employee of the VIE, as of the date of this prospectus; Baifen Le, beneficially owns
100% of these shares on behalf of Zerolimit Virtue Limited.

| 11 |

The VIE equity interest holders
include ZeroLimit Digital Technology Co., Ltd, Kai Hu, Jian Gang and Baifen Le, which hold 73%, 11%, 11% and 5% of the equity interests
in the VIE, respectively; ZeroLimit Digital Technology Co., Ltd equity interest holders include Guangqing Hu and Zerolimit Origin Technology
(Shenzhen) Co., Ltd, which hold 10% and 90% of the