Company: ZDAN
Filing Date: 2025-02-18
Form Type: DRS/A
Source: 0001683168-25-001085
Chunk: 175

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-02-18
Form: DRS/A
Chunk 175
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 in July 2022, decentralized
distributed technology has now experienced its first peak of innovation, gradually moving from the innovation trigger phase to the peak
of inflated expectation phase.

<div align='center'>Technology Maturity Curve of Decentralized Distributed
Technology</div>

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Market Scale

From the global perspective, the market size
of decentralized distributed technology is expected to maintain rapid growth. According to the data and forecasts released by the market
research firm International Data Corporation, the global market size of decentralized distributed technology reached $1.4 billion in
2020. It is projected that the global market for decentralized distributed technology will reach $18.95 billion by 2024, achieving a
compound annual growth rate of approximately 48% during the forecast period and maintaining a fast-growing trend.

<div align='center'>Market Size of Decentralized Distributed Technology
($billion)</div>

Although starting a bit later, the domestic market
size of decentralized distributed technology in China is also expected to experience rapid growth. According to the data and forecasts
released by International Data Corporation, the market size of decentralized distributed technology in China reached $600 million in
2021. It is projected that the Chinese market for decentralized distributed technology will reach 4.28 billion dollars by 2026, achieving
a compound annual growth rate of approximately 32% during the forecast period, demonstrating rapid growth.

<div align='center'>The Chinese Market Size for Decentralized Distributed
Technology ($billion)</div>

Global Market Players

Our business is characterized by rapid changes
as well as new and disruptive technologies. We face competition in every major aspect of our business. In particular, there are three
companies that might be considered as our competitors in this market: Dfinity, Near, and Conflux.

We believe our business is set apart from our
competition by our underlying technology and infrastructure which the we have been aiming to perfect since 2017. In addition, our software
solutions and products can be used for different kinks of service sectors. Our software solutions and products are well-suited for cloud
computing for mobile devices, at-home use or for business use. We believe our proprietary network and accompanying software solutions
and products offer faster innovation, flexible resources and economies of scale.

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Market Opportunities and Growth

The traditional internet
ecosystem is a typical centralized model, relying on the computing, storage, and communication capabilities of large data centers. The
distributed network as compared to the traditional centralized