Company: ZDAN
Filing Date: 2025-02-18
Form Type: DRS/A
Source: 0001683168-25-001085
Chunk: 212

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-02-18
Form: DRS/A
Chunk 212
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 or former director (including alternate director), secretary or office in defending (whether      
 successfully or otherwise) any civil, criminal, administrative or investigative proceedings       
 (whether threatened, pending or completed) concerning us or our affairs in any court or tribunal, 
 whether in the Cayman Islands or elsewhere.                                                       |

Compensation of Directors and Executive Officers

For the years ended September
30, 2023 and 2024, respectively, we paid an aggregate of approximately RMB[ ] (approximately US$[ ]) in cash to our directors and executive
officers. We have not set aside or accrued any amount to provide pension, retirement or other similar benefits to our directors and executive
officers.

The VIE is required by law
to make contributions equal to certain percentages of each employee’s salary for his or her medical insurance, maternity insurance,
workplace injury insurance, unemployment insurance, pension benefits through a PRC government-mandated multi-employer defined contribution
plan and other statutory benefits.

Family Relationships

None of our other Directors
or executive officers have a family relationship as defined in Item 401 of Regulation S-K.

| 131 |

Controlled Company

Following the completion
of this offering, our founder, Chief Technology Officer, Director, and Chairman of the Board of Directors, Mr. Guangqing Hu will beneficially
own 3,285,450 Ordinary Shares, representing 73.01% of the total voting power of our issued and outstanding share capital immediately
following the completion of this offering, assuming the Underwriter does not exercise its over-allotment option, or [•]% of our
total voting power. As a result, we will be a “controlled company” within the meaning of the Nasdaq listing rules. As a controlled
company, we are permitted to elect to rely on certain exemptions from the obligations to comply with certain corporate governance requirements,
including:

| · | the requirement that a majority of the board of directors consist of                                                             
 independent directors;                                                                                                           |
| · | the requirement that our director nominees be selected or recommended                                                            
 solely by independent directors; and                                                                                             |
| · | the requirement that we have a nominating and corporate governance                                                               
 committee and a compensation committee that are composed entirely of independent directors with a written charter addressing the 
 purposes and responsibilities of the committees.                                                                                 |

Although we do not intend
to rely on the controlled company exemptions under the Nasdaq listing rules even if we are a controlled company, we may elect to rely
on these exemptions in the