Company: ZDAN
Filing Date: 2025-07-28
Form Type: F-1/A
Source: 0001683168-25-005450
Chunk: 74

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-07-28
Form: F-1/A
Chunk 74
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in Province and Beijing, where strict lockdowns were imposed. In addition, in the
second half of 2022, some cities, including Guangzhou, Shenzhen and Beijing, remained under lockdown for discrete periods of time due
to measures to contain the spread of Omicron and the zero-COVID measures taken by the local governments.

Due to the rapidly expanding
nature of COVID-19 pandemic and the zero-COVID measures taken by the local governments from early 2020 through December 2022, and because
substantially all of the VIE’s business operations and workforce are concentrated in the PRC, we believe that COVID-19 pandemic
has impacted, and will likely continue to impact, the VIE’s business, results of operations, and financial condition. The potential
further impact on the results of operations will also depend on future developments and information that may emerge regarding the duration
and severity of COVID-19 and the actions taken by governmental authorities and other entities to contain COVID-19 or to mitigate its impacts,
almost all of which are beyond our control.

The impacts of COVID-19 on
the VIE’s business, financial condition, and results of operations as of the date of this prospectus include, but are not limited
to, the following:

| · 
 · 
 · 
 · | Zhenglian Shenzhen temporarily closed its offices in January 2020, as required by relevant PRC local authorities. In March 2020, due to the effective containment of COVID-19 in China, Zhenglian Shenzhen had resumed full operation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
 Zhenglian Shenzhen has experienced some disruption to its day-to-day operations during the PRC government mandated lockdowns.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
 In March 2022, a new COVID-19 subvariant (omicron) outbreak hit China and spread faster and more easily than variants of the previous virus. As a result, a new round of lockdowns, quarantines and travel restrictions were imposed upon different provinces and cities in China by the relevant local government authorities. Zhenglian Shenzhen temporarily closed its Shenzhen office and suspended operations on March 9, 2022 as required by the local authorities in Shenzhen, and had all the employees located in Shenzhen work remotely. Zhenglian Shenzhen reopened its Shenzhen office and resumed operations on March 22, 2022. The lockdown in Shenzhen from April 2022 to December 2022 did not have a material adverse impact on