Company: ZDAN
Filing Date: 2025-07-28
Form Type: F-1/A
Source: 0001683168-25-005450
Chunk: 81

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-07-28
Form: F-1/A
Chunk 81
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 protection. For example,
the Cyber Security Law of the People’s Republic of China (the “Cyber Security Law”), which became effective in June
2017, created China’s first national-level data protection regime for “network operators,” which may include all organizations
in China that provide services over the internet or other information network.

Under the Cyber Security
Law, the transmission of certain personal information and important data outside of China is only permitted upon the completion of a
security assessment conducted by or as determined by the Chinese government. Certain draft regulations, including the Measures for Security
Assessment for Cross-border Transfer of Personal Information and Important Data, published in 2017, and the Measures for Security Assessment
for Cross-border Transfer of Personal Information, published in 2019, have been proposed by the Chinese government that specify the procedures
and stipulate more detailed compliance requirements relating to such assessment, and in certain circumstances, government approval, prior
to the transmission of such information and data outside of China. In addition to the foregoing draft regulations relating to security
assessment, the Cyberspace Administration of China issued and implemented the Measures for Security Assessment of Cross-border Transfer
of Data effective on September 1, 2022, which provides the conditions, application procedures and required materials for security assessment
through the local provincial cyberspace administration before the transmission of personal information and important data outside of
China.

On December 8, 2022, the
Ministry of Industry and Information Technology of China promulgated the Administrative Measures for Data Security in the Field of Industry
and Information Technology (for Trial Implementation) effective January 1, 2023, which regulate the data processing activities in the
field of industry and information technology conducted within the territory of the PRC. Under the foregoing measures, “data in the
field of industry and information technology” includes industrial data, telecommunications data and radio data; among others, “industrial
data” means data produced and collected in the course of research and development, design, production and manufacturing, business
management, operating maintenance, and platform operation in various sectors and fields of industry. A data processor in the field of
industry and information technology in the PRC shall submit its catalogue of important data and core data to the local industrial
regulatory department for recordation. For transmission of such important data and core outside of China, a security assessment of cross-border
data transfer shall be conducted in accordance with the applicable laws and regulations.

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In addition, the Standing