Company: ZDAN
Filing Date: 2025-07-28
Form Type: F-1/A
Source: 0001683168-25-005450
Chunk: 174

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-07-28
Form: F-1/A
Chunk 174
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 users and offering actual
application scenarios.

Decentralized distributed technology has been
widely applied to public service areas such as education, judiciary, healthcare, and public welfare. Companies like Educoin, Zhilian,
and Tencent Weixiao have applied this technology in education. Organizations and businesses such as NCSC, Congfa Technology, XUPER Baidu
Superchain, and Beijing Internet Court have utilized this technology in the judicial sector. In healthcare, companies such as Philips,
Neusoft, Patientory, and Xinyi are starting to leverage decentralized distributed technology to improve the quality and efficiency of
healthcare services. Moreover, organizations such as JD Public Welfare, China Red Cross Society, and BitGive are capitalizing on the
benefits of this technology in the public welfare field.

Current Stage of Development

In summary, the decentralized distributed technology
industry is still in its early stage of development, but the basic technological framework and development direction have begun to take
shape. According to a technology maturity curve analysis report released by Gartner, Inc. (“Gartner”) 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>

| 104 |

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 Dec