Company: ZDAN
Filing Date: 2025-01-10
Form Type: DRS/A
Source: 0001683168-25-000168
Chunk: 314

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-01-10
Form: DRS/A
Chunk 314
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 According to the Departmental Interpretation and Practice Notes No.11 (Revised) (“DIPN11”) of the Hong
Kong Inland Revenue Ordinance (the “HK tax laws”), an investigation normally covers the six years of the
assessment prior to the year of the assessment in which the investigation commences. In the case of fraud and willful evasion, the
investigation is extended to cover ten years of assessment. According to the PRC Tax Administration and Collection Law, the
statute of limitations is three years if the underpayment of taxes is due to computational errors made by the taxpayer or the
withholding agent. The statute of limitations is extended to five years under special circumstances, where the underpayment of taxes
is more than RMB100,000. In the case of transfer pricing issues, the statute of limitation is ten years. There is no statute of
limitation in the case of tax evasion. For the years ended September 30, 2024 and 2023, the Company did not have any material
interest or penalties associated with tax positions. The Company did not have any significant unrecognized uncertain tax positions
as of September 30, 2024 or 2023. The Company does not expect that its assessment regarding unrecognized tax positions will
materially change over the next 12 months.

15. Ordinary shares

The Company was established as a holding company
under the laws of Cayman Islands. The Company’s authorized share capital is US$50,000 with a nominal or par value of US$1 each.
As of September 30, 2024 and 2023, 5,000 Ordinary Shares were issued and outstanding. Each Ordinary Share has one (1) vote.

| F-28 |

On February 19, 2024, the shareholders and Board
of Directors of the Company approved a forward split of our outstanding Ordinary Shares at a ratio of 10,000-for-1 share. Following the
forward split, the Company’s authorized share capital is US$50,000 divided into 500,000,000 Ordinary Shares of par value US$0.0001
each. As a result, as of the date hereof, there are 50,000,000 issued and outstanding ordinary shares of the Company. as set forth below:

| Allottee                             |     | Number of Ordinary Shares* |            |     | Consideration |          |
|:-------------------------------------|:----|:---------------------------|-----------:|: