Company: ZDAN
Filing Date: 2025-06-30
Form Type: F-1
Source: 0001683168-25-004840
Chunk: 48

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-06-30
Form: F-1
Chunk 48
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 working mechanism
office shall be established to undertake the routine work of the security review of foreign investments. In addition, foreign investment
in military industry and related fields of national defense and security, or foreign investment in areas around military facilities and
military industry facilities, may lead to foreign investment in obtaining actual control of enterprises in several important fields,
such as important agricultural products, important energy and resources, major equipment manufacturing, important Infrastructure, important
transportation services, important cultural products and services, important information technology and Internet products and services,
important financial services and key technology fields. Foreign investors or domestic parties involved in the aforesaid foreign investment
shall voluntarily report to the working mechanism office before implementing the investment, and shall not implement the investment until
the working mechanism office decides whether a safety review is necessary. Violators of the provisions may be ordered to make declaration
within a specified time limit, dispose equities or assets and take other necessary measures to restore the equities or assets to the
status before the implementation of the investment and eliminate impact on national security.

On February 17, 2023, the
CSRC released the Trial Measures and five supporting guidelines, which came into effect on March 31, 2023 and subjects us to additional
compliance requirement in the future. See “Risk Factors —The Most Material Risks Related
to Our Corporate Structure — The Opinions recently issued by the General Office of the Central Committee of the Chinese Communist Party, the General Office of the State Council and the New Overseas Listing Rules promulgated by the CSRC may subject us to additional compliance requirements in the future.”

Furthermore, our Company,
the VIE, and our investors may face uncertainty about future actions by the government of China that could significantly affect the VIE’s
financial performance and operations, including the enforceability of the contractual arrangements constituting the VIE Agreements. We
cannot assure you that the PRC government will not initiate governmental actions against us or scrutinize us, which could substantially
affect our operation and the value of our Ordinary Shares may depreciate as a result. As of the date of this prospectus, neither
our Company nor the VIE has received nor was denied permission from Chinese authorities to list on U.S. stock exchanges under the PRC
laws and regulations currently in effect. However, there is no guarantee that our Company or the VIE will receive, or not be denied,
permission from Chinese authorities to list on U.S. stock exchanges in the future. China