Company: ZDAN
Filing Date: 2025-07-28
Form Type: F-1/A
Source: 0001683168-25-005450
Chunk: 75

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-07-28
Form: F-1/A
Chunk 75
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 our results of operations although business development in Shenzhen was restricted or suspended during the lockdown period. 
 In early December 2022, China announced a nationwide loosening of its zero-COVID policy, and the country faced a wave of infections after lifting these restrictions.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
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| · | In May 2023, World Health Organization declared an end to COVID-19 as a global health emergency. The Company is closely monitoring the development of the COVID-19 pandemic and continuously evaluating any further potential impact on its business, results of operations and financial condition. If the outbreak persists or escalates, the Company may be subject to further negative impact on its business operations and financial condition.                                                                                                                                                                                                                                                                                                                                                                                                                        |
| · | The VIE’s business depends on its employees. Due to the travel restrictions imposed by the local governments from early 2020 through December 2022, some of the VIE’s employees were unable to return to work. However, such issue has not had a significant impact on the VIE since December 2022.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |

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The extent to which the
COVID-19 pandemic impacts the VIE’s business in the future will depend on future developments and further government actions. Any
future impact on the results of operations of the VIE will depend on, to a large extent, future developments and new information that
may emerge regarding the duration and severity of the COVID-19 pandemic and the actions taken by government authorities and other entities
to contain the spread or treat its impact, almost all of which are beyond our and the VIE’s control. Given the general slowdown
in economic conditions globally and volatility in the capital markets, we cannot assure you that we will be able to maintain the growth
rate we have experienced or projected. We will continue to closely monitor the situation throughout 2023 and beyond.

The VIE is also vulnerable
to natural disasters and other calamities. The VIE cannot assure you that it is adequately protected from the effects of fire, floods,
typhoons, earthquakes, power loss, telecommunications failures, break-ins, war, riots, terrorist attacks, or similar events. Any of the
foregoing events may give rise to interruptions, damage to the VIE property, delays in production, breakdowns, system failures, technology
platform failures, or internet failures, which could cause the loss or corruption of data or mal