Company: ZDAN
Filing Date: 2025-07-28
Form Type: F-1/A
Source: 0001683168-25-005450
Chunk: 17

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-07-28
Form: F-1/A
Chunk 17
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4 are the following: (1) Guangdong Lightning Cat New Energy Technology Co., Ltd (“Guangdong Lightning”);
(2) Chongqing Shenghong Technology Co., Ltd (“Chongqing Shenghong”); and (3) Shenzhen Huawang Supply Chain Co., Ltd (“Shenzhen
Huawang”), accounting for 11%, 11% and 10% of the total revenue, respectively, for the fiscal year. Among these customers, none
of them are related parties of our Company, its subsidiaries or the VIE.

Guangdong Lightning, Chongqing
Shenghong and Shenzhen Huawang are distributors that have signed master sales agreements with the VIE, the form of which will be filed
as Exhibit 10.1 to this registration statement. Important terms of the agreements are as follows:

1. Upon receipt of the software
payment into the designated account of the VIE (“Party B”), Party B 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, respectively, for
the fiscal year. 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 that have signed master sales contracts with the VIE. Important