Company: ZDAN
Filing Date: 2025-06-30
Form Type: F-1
Source: 0001683168-25-004840
Chunk: 59

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-06-30
Form: F-1
Chunk 59
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 receipt of the
software payment into the designated account of the VIE (“Party B”), Party A shall be responsible for configuring the software
and delivering the software activation code along with the installation manual to the distributor (“Party A”). Party A shall
confirm the successful activation of the software and then issue an acceptance confirmation.

2. The software license
provided is a permanent license, allowing Party A to operate the software at any time and place, within an independent third-party environment,
following delivery.

3. Party B is committed
to providing one year of after-sales service, which includes technical support, maintenance, and automatic background updates.

4. For after-sales services
exceeding one year, the service fees shall be separately negotiated and agreed upon by both Party A and Party B based on necessity.

The top 3 customers for
the fiscal year ended September 30, 2023 are the following: (1) Liaoning Pulian Suyuan Health Technology Information Consulting Co.,
Ltd. (“Liaoning Pulian”), (2) Shenzhen Jisu Distributed Network Technology Co., Ltd. (“Shenzhen Jisu”), and (3)
Zerolimit Digital Technology Co., Ltd. (“Zerolimit Digital”), accounting for 22%, 15% and 10% of the total revenue for
the fiscal year, respectively. Of these customers, only Zerolimit Digital is a related party of the Company, its subsidiaries and the
VIE.

Liaoning Pulian and Shenzhen Jisu are distributors which have signed master sales contracts with the VIE. Important terms of the agreements are as follows:

1. Upon receipt of the software
payment into the designated account of Party A, Party A shall be responsible for configuring the software and delivering the software
activation code along with the installation manual to Party B. Party B shall confirm the successful activation of the software and then
issue an acceptance confirmation.

2. The software license
provided is a permanent license, allowing Party B to operate the software at any time and place, within an independent third-party environment,
following delivery.

3. Party A is committed
to providing one year of after-sales service, which includes technical support, maintenance, and automatic background updates

4. For after-sales services
exceeding one year, the service fees shall be separately negotiated and agreed upon by both Party A and Party B based on necessity.

This product guarantee constitutes
Party A's commitment to Party B. During its agency period, Party B shall assume the product