Company: ZDAN
Filing Date: 2025-06-30
Form Type: F-1
Source: 0001683168-25-004840
Chunk: 26

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-06-30
Form: F-1
Chunk 26
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 Company’s former director
and an employee of the VIE, as of the date of this prospectus; Kai Hu beneficially owns 100% of these shares on behalf of Zerolimit Excellence
Limited; (c) represents 5,500,000 ordinary shares held by Zerolimit Power Limited, a British Virgin Islands limited company, which is
100% owned by Jian Gang, the Company’s former director, as of the date of this prospectus; Jian Gang beneficially owns 100% of
these shares on behalf of Zerolimit Power Limited; and (d) represents 2,495,000 ordinary shares held by Zerolimit Virtue Limited, a British
Virgin Islands limited company, which is 100% owned by Baifen Le, our former director and the wife of the Chief Technology Officer, Guangqing
Hu, and the Company’s former director and an employee of the VIE, as of the date of this prospectus; Baifen Le, beneficially owns
100% of these shares on behalf of Zerolimit Virtue Limited.

| 11 |

The VIE equity interest holders
include ZeroLimit Digital Technology Co., Ltd, Kai Hu, Jian Gang and Baifen Le, which hold 73%, 11%, 11% and 5% of the equity interests
in the VIE, respectively; ZeroLimit Digital Technology Co., Ltd equity interest holders include Guangqing Hu and Zerolimit Origin Technology
(Shenzhen) Co., Ltd, which hold 10% and 90% of the equity interests in ZeroLimit Digital Technology Co., Ltd, respectively; Zerolimit
Origin Technology (Shenzhen) Co., Ltd equity interest holders include Guangqing Hu and Kai Hu, who hold 90% and 10% of the equity interests
in the Zerolimit Origin Technology (Shenzhen) Co., Ltd, respectively.

Our Ordinary Shares in this
offering are shares of our offshore holding company in the Cayman Islands instead of shares of the VIE.

The following diagram illustrates
our corporate structure, including our subsidiary and the VIE, as of the date of this prospectus. For more detail on our corporate history,
please refer to “Corporate History and Structure.”

Notes: All percentages reflect the equity interests.

| (1) | Represents 36,505,000 ordinary shares held by Zerolimit Digital Technology                                                           
 Limited, a British Virgin Islands limited company, which is 100% owned