Company: ZDAN
Filing Date: 2025-01-10
Form Type: DRS/A
Source: 0001683168-25-000168
Chunk: 93

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-01-10
Form: DRS/A
Chunk 93
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 including securities companies, securities
service providers and overseas regulators, any other documents and materials that, if leaked, will be detrimental to national security
or public interest, shall strictly fulfill relevant procedures stipulated by applicable national regulations.

On or after March 31, 2023,
any failure or perceived failure by the Company or PRC subsidiaries to comply with the above confidentiality and archives administration
requirements under the revised Provisions and other PRC laws and regulations may result in that the relevant entities being held legally
liable by competent authorities, and referred to a judicial organization to be investigated for criminal liability if suspected of committing
a crime.

In addition, we cannot assure
you that any new rules or regulations promulgated in the future will not impose additional requirements on us. If it is determined in
the future that approval and filing from the CSRC or other regulatory authorities or other procedures, including the cybersecurity review
under the Measures for Cybersecurity Review and the Draft Regulation on Network for Data Security (if implemented), are required for
our offshore offerings, it is uncertain whether we can or how long it will take us to obtain such approval or complete such filing procedures
and any such approval or filing could be rescinded or rejected. Any failure to obtain or delay in obtaining such approval or complete
such filing procedures for our offshore offerings, or a rescission of any such approval or filing, if obtained by us, would subject us
to sanctions by the CSRC or other PRC regulatory authorities for failure to seek CSRC approval or filing or other government authorization
for our offshore offerings. These regulatory authorities may impose fines and penalties on our operations in China, limit our ability
to pay dividends outside of China, limit our operating privileges in China, delay or restrict the repatriation of the proceeds from our
offshore offerings into China or take other actions that could materially and adversely affect our business, financial condition, results
of operations, and prospects, as well as the trading price of our listed securities. The CSRC or other PRC regulatory authorities also
may take actions requiring us, or making it advisable for us, to halt our offshore offerings before settlement and delivery of the shares
offered. Consequently, if investors engage in market trading or other activities in anticipation of and prior to settlement and delivery,
they do so at the risk that settlement and delivery may not occur. In addition, if the CSRC or other regulatory authorities later promulgate
new rules or explanations requiring that we obtain their approvals or accomplish the required filing or