Company: ZDAN
Filing Date: 2025-06-30
Form Type: F-1
Source: 0001683168-25-004840
Chunk: 46

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-06-30
Form: F-1
Chunk 46
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and on what basis a PRC court would enforce a judgment rendered by a court in the United States. As a result, it may be difficult or
impossible for you to bring an action against us or against these individuals in the United States in the event that you believe that
your rights have been infringed under the U.S. federal securities laws or otherwise. Since our officers and directors reside in China,
it may make it difficult to enforce any judgments obtained from foreign courts against such persons. Even if you are successful in bringing
an action of this kind, the laws of the Cayman Islands and of the PRC may render you unable to seek recognition and/or enforce a judgment
against our assets or the assets of our directors and officers. For more information regarding the relevant laws of the Cayman Islands
and the PRC, see “Enforceability of Civil Liabilities.”

PRC regulatory authorities may in the future promulgate laws, regulations or implementing rules that require us, our subsidiaries, or the VIE to obtain regulatory approval from PRC authorities before or after listing in the U.S.

We are subject to certain
legal and operational risks associated with being based in China. PRC laws and regulations governing our current business operations
may change in substance and may also change in interpretation and may be subject to various interpretations, and as a result these risks
may result in material changes in the operations of the VIE, significant depreciation of the value of our Ordinary Shares, or a complete
hindrance of our ability to offer or continue to offer our securities to investors. The PRC government adopted a series of regulatory
actions and issued statements to regulate business operations in China.

On August 8, 2006, six governmental
agencies, namely, the Ministry of Commerce, the State Assets Supervision and Administration Commission, the State Administration for
Taxation, the State Administration for Industry and Commerce, the CSRC and the SAFE, jointly adopted the Regulations on Mergers and Acquisitions
of Domestic Enterprises by Foreign Investors, or the M&A Rules, which became effective on September 8, 2006 and were amended
on June 22, 2009. The M&A Rules require that among other things, that the Ministry of Commerce, or MOFCOM, be notified
in advance of any change of control transaction in which a foreign investor acquires control of a PRC domestic enterprise and involves
the following circumstances: (i) any important industry is concerned; (ii) such transaction involves