CloudKit sharing limits?

When you share records, they get put into a new zone. Creating a zone for the share makes sense to me, but I thought I read that there was a limit to the number of zones one could have (something like 1024). Does this mean a user can’t share more than 1024 separate items with 1024 different people? I assume any other items shared with the same group end up in an existing zone.

CloudKit sharing limits?
 
 
Q