Company: ZDAN
Filing Date: 2025-01-10
Form Type: DRS/A
Source: 0001683168-25-000168
Chunk: 153

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-01-10
Form: DRS/A
Chunk 153
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985 requires all development
costs to establish the technological feasibility of external-use software to be expensed as incurred. Development costs incurred after
establishing technological feasibility to produce the ‘product master’, referred to as ‘production costs’, are
capitalized to the extent recoverable by the net realizable value of the software product until the product is available for general release.

Our development projects
for the fiscal years ended September 30, 2024 and 2023 are listed as below.

| 1 | Name of Intangible Assets                    
 Rushujiazhen                                 | Type              
 Licensed software | Date of Feasibility Study Report 
 October 1, 2021                  | Date reached technological feasibility 
 December 1, 2021                       | Total Cost to be capitalized as Intangible Assets 
                                               For 
                     year ended September 30, 2024 
                                                 - |                           For 
 year ended September 30, 2023 
                       202,084 |
|:--|:---------------------------------------------|:------------------|:---------------------------------|:---------------------------------------|--------------------------------------------------:|------------------------------:|
| 2 | Distributed cloud disk                       | Licensed software | September 6, 2021                | December 1, 2021                       |                                                 - |                        78,339 |
| 3 | Metaverse Box - Streaming Media Services App | Licensed software | July 1, 2021                     | October 8, 2021                        |                                                 - |                        67,122 |
| 4 | Metaverse Box                                | Licensed software | July 1, 2021                     | October 8, 2021                        |                                                 - |                       152,305 |
| 5 | Enterprise data base station node software   | Licensed software | December 1, 2022                 | January 3, 2023                        |                                            12,210 |                        93,820 |
|   | Total                                        |                   |                                  |                                        |                                           $12,210 |                      $593,670 |

| 88 |

The Company had a system
of capitalization of development costs. The project team conduct a set of procedures including technical feasibility analysis, demand
analysis, construction period assessment and project budget to propose a project to be set as a research and development project. A project
proposal, including project summary, technical background and development, market conditions, technological prospects and development
plan, is reviewed and assessed by the management. Once the project is identified, Project Design Manual will be prepared