Company: ZDAN
Filing Date: 2025-01-10
Form Type: DRS/A
Source: 0001683168-25-000168
Chunk: 150

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-01-10
Form: DRS/A
Chunk 150
---
 prior SAFE approval
as long as certain routine procedural requirements are fulfilled. Our PRC subsidiary is allowed to pay dividends in foreign currencies
to us without prior SAFE approval by following certain routine procedural requirements. However, approval from or registration with competent
government authorities is required where the Renminbi is to be converted into foreign currency and remitted out of China to pay capital
expenses such as the repayment of loans denominated in foreign currencies. The PRC government may at its discretion restrict access to
foreign currencies for current account transactions in the future. The ability of our PRC subsidiaries to make dividends or other cash
payments to us is subject to various restrictions under PRC laws and regulations. The following table sets forth a summary of our cash
flows for the periods indicated:

Cash Flow Summary

For the Fiscal Years Ended September 30, 2024 and 2023

The following summarizes
the key components of our cash flows for the fiscal years ended September 30, 2024 and 2023:

|                                                              |     | For the Fiscal Years Ended 
 September 30,              |       2024 |   |     |   |       2023 |   |
|:-------------------------------------------------------------|:----|:---------------------------|-----------:|:--|:----|:--|-----------:|:--|
| Net cash used in operating activities                        |     | $                          | (1,825,252 | ) |     | $ | (1,393,210 | ) |
| Net cash used in investing activities                        |     |                            |    (12,210 | ) |     |   |   (629,922 | ) |
| Net cash provided by financing activities                    |     |                            |    277,611 |   |     |   |  1,458,097 |   |
| Effect of exchange rate changes on cash and cash equivalents |     |                            |     23,634 |   |     |   |    (42,894 | ) |
| Net decrease in cash and cash equivalents                    |     |                            | (1,536,217 | ) |     |   |   (607,929 |   |
| Cash and cash equivalents, beginning of period               |     |                            |  1,641,923 |   |     |   |  2,249,852 |   |
| Cash and cash equivalents, end of period                     |     | $                          |    105,706 |   |     | $ |