Company: ZDAN
Filing Date: 2025-06-30
Form Type: F-1
Source: 0001683168-25-004840
Chunk: 328

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-06-30
Form: F-1
Chunk 328
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 dividends outside of China due to PRC foreign exchange control regulations that restrict the Company’s ability to convert RMB
into USD.

Regulation S-X requires that the condensed financial
information of registrant shall be filed when the restricted net assets of consolidated subsidiaries exceed 25 percent of consolidated
net assets as of the end of the most recently completed fiscal year. For purposes of the above test, restricted net assets of consolidated
subsidiaries shall mean that amount of the registrant’s proportionate share of net assets of consolidated subsidiaries (after intercompany
eliminations) which as of the end of the most recent fiscal year may not be transferred to the parent company by subsidiaries in the
form of loans, advances or cash dividends without the consent of a third party. The condensed parent company financial statements have
been prepared in accordance with Rule 12-04, Schedule I of Regulation S-X as the restricted net assets of the Company’s PRC subsidiary
exceed 25% of the consolidated net assets of the Company.

Certain information and footnote disclosures
normally included in financial statements prepared in conformity with generally accepted accounting principles have been condensed or
omitted. The Company’s investment in subsidiary is stated at cost plus equity in undistributed earnings of subsidiaries

| F-33 |

<div align='center'>Condensed financial information of the parent company

CONDENSED BALANCE SHEETS</div>

| ASSETS                                                                                                                       |     | September 30, 
 2024          |            |   |     | September 30, 
 2023          |           |   |
|:-----------------------------------------------------------------------------------------------------------------------------|:----|:--------------|-----------:|:--|:----|:--------------|----------:|:--|
| Current assets                                                                                                               |     | $             |          – |   |     | $             |         – |   |
| Investment in subsidiaries and VIEs (restricted)                                                                             |     |               | 10,079,858 |   |     |               | 7,018,028 |   |
| Non-current assets                                                                                                           |     |               |          – |   |     |               |         – |   |
| Total Assets                                                                                                                 |     | $             | 10,079,858 |   |     | $             | 7,018,028 |   |
| Liabilities and Equity                                                                                                       |     | $             |          – |   |     | $             |         – |   |
| Current liabilities                                                                                                          |     |               |