Lurking into the forums I tried a lot of images. I have a cheap TV Box with H313 which I found out is technically a H616 with lower clock speeds. None of the Armbian versions for Orange Pi Zero 2 worked on this thing(and shouldn't either).
However one version of Ubuntu worked which I found on a Russian forum. This is the image. It is an older(2.1.2) version with 4.1.970 kernel. I tried booting the newer version (2.2.0) however my luck was same as @Munez
I do not have sufficient knowledge to know the changes between those two versions. However @hexdump might have some idea regarding this.
Talking about the image, both USB ports are functional. Ethernet is also working. The WiFi though doesn't work.