Company: ZDAN
Filing Date: 2025-02-18
Form Type: DRS/A
Source: 0001683168-25-001085
Chunk: 66

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-02-18
Form: DRS/A
Chunk 66
---
 are acceptable to them.

Any patents and technologies
the VIE identifies or acquires will require additional development efforts prior to bringing products to market, including approval or
clearance by the applicable regulatory authorities. All products are prone to the risks of failure inherent in product development, including
the possibility that the hardware or software will not be shown to be sufficiently safe and effective for approval or clearance by regulatory
authorities. In addition, we cannot assure you that any such hardware or software products that are approved or cleared will be successfully
implemented to operate effectively within distributed network, or will be widely accepted in the marketplace.

If the VIE is unable to
develop suitable new products through internal research programs or by obtaining intellectual property or technologies from third parties,
it could have a material adverse effect on the VIE’s business, financial condition, and results of operations.

If the VIE is not able to implement its strategies to achieve its business objectives, the VIE’s business operations and financial performance will be adversely affected.

The VIE’s business
plan and growth strategies are based on currently prevailing circumstances and the assumption that certain circumstances will or will
not occur. However, there are uncertainties involved in various stages of development, and there is no assurance that the VIE will be
successful in implementing its strategies or that its strategies, even if implemented, will lead to the successful achievement of their
objectives. If the VIE is not able to successfully implement its strategies, the VIE’s business operations and financial performance
will be adversely affected.

The VIE’s future success depends on the continuing efforts of its senior management team and other key personnel, and the business may be harmed if the VIE were to lose their services.

The VIE’s future success
depends heavily upon the continuing services of the members of its senior management team and other key personnel, in particular, Mr.
Guangqing Hu, our chairman of the Board of Directors, or “Chairman,” and CTO. In addition, because of the importance of research
and development to the VIE’s business, the VIE’s team of engineers plays a key role in the VIE’s operations. If one
or more of the VIE’s senior executives or other key personnel, including key engineers, are unable or unwilling to continue in
their present positions, the VIE may not be able to replace them easily or at all, and the VIE’s business may be disrupted and
financial condition and results of operations may be materially and adversely affected. Competition for