Company: ZDAN
Filing Date: 2025-01-10
Form Type: DRS/A
Source: 0001683168-25-000168
Chunk: 303

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-01-10
Form: DRS/A
Chunk 303
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 or proposed by the FASB or other standards-setting bodies that do not require adoption until a future date are not expected to
have a material impact on the Company’s consolidated financial position and results of operations upon adoption.

| F-19 |

3. Cash and Cash Equivalents

Cash represents cash on hand and demand deposits
placed with banks, which are unrestricted as to withdrawal or use. Cash is denominated in the following currencies:

|                                           |     |   | As of September 30, 2024 |     |   | As of September 30, 2023 |
|:------------------------------------------|:----|:--|-------------------------:|:----|:--|-------------------------:|
| Cash on hand                              |     | $ |                        – |     | $ |                        – |
| Cash at bank                              |     |   |                  105,706 |     |   |                  484,571 |
| Cash at bank - wealth management products |     |   |                        – |     |   |                1,157,351 |
| Total                                     |     | $ |                  105,706 |     | $ |                1,641,922 |

There is no restricted cash as of September 30,
2024 and 2023. The wealth management products represent Renminbi Call Deposits with PRC banks which are redeemable in 7 days. Call Deposits
provide higher interest rates than a savings account while giving the Company flexible access to its savings.

4. Accounts Receivable, net

|                                 |     | As of September 30, |      2024 |   |     |   |     2023 |   |
|:--------------------------------|:----|:--------------------|----------:|:--|:----|:--|---------:|:--|
| Less than 6 months              |     | $                   | 3,409,071 |   |     | $ |  295,538 |   |
| More than 1 year                |     |                     |   130,529 |   |     |   |        – |   |
| Accounts receivable             |     |                     | 3,539,600 |   |     |   |  295,538 |   |
| Less: Allowance for credit loss |     |                     |  (222,789 | ) |     |   | (152,412 | ) |
| Total                           |     | $                   | 3