EX-4.8





 Exhibit 4.8 

Supplemental Agreement to the Exclusive Option Agreement 

The Supplemental Agreement to the Exclusive Option Agreement (hereinafter referred to as the “Supplemental Agreement”) is entered into by the
following parties on 25 September, 2022: 
  

	1.	 Shanghai Che Lin Information Technology Centre (Limited Partnership) (hereinafter referred to as
“Shanghai Che Lin”) 


  

	    	 Registered address: Room D1-6112, 58 Fumin Branch Road, Hengsha
Township, Chongming District, Shanghai (Shanghai Hengtai Economic Development Zone) 


  

	2.	 Xin Cheng (Shanghai) Information Technology Co., Ltd. (hereinafter referred to as “WFOE”)



  

	    	 Registered address: 1F, Building 1, No. 977 Shangfeng Road, Pudong New Area, Shanghai



  

	3.	 Guang Cheng (Shanghai) Information Technology Co., Ltd. (hereinafter referred to as the
“Company”) 


  

	    	 Registered address: Room 722, 7F, Building A, No. 977 Shangfeng Road, Tang Town, Pudong New District,
Shanghai 


 (the above parties are hereinafter individually referred to as a “Party” and collectively as the
“Parties”) 
 Whereas: 
  

	1)	 Shanghai Che Lin, WFOE, the Company, Xinrong Zhihui Technology Development Co., Ltd. (formly known as Xinjiang
Xinrong Zhihui Equity Investment Co., Ltd., hereinafter referred to as the “Transferor”) and other related parties entered into the Exclusive Option Agreement dated 4 August, 2020 (the “Exclusive Option
Agreement”). 


  

	2)	 Shanghai Che Lin signed an Equity Transfer Agreement with the Transferor on 9 September, 2022, under which
the Transferor transferred its entire equity of 3.5860% in the Company (corresponding to the registered capital of the Company of RMB1,654,500) to Shanghai Che Lin. Shanghai Che Lin now holds 85.0570% of the Company’s equity (corresponding to
the registered capital of the Company of RMB 39,239,348). 


 In view of the foregoing, the Parties to this Supplemental Agreement, in
accordance with the relevant laws and regulations of the People’s Republic of China, have agreed by consensus to the following Supplemental Agreement terms for compliance: 

 

	1.	 The Transferor has transferred its entire equity in the Company to Shanghai Che Lin and the Transferor shall no
longer be deemed as a Party to the Exclusive Option Agreement and all of its rights and obligations under the Exclusive Option Agreement will be assumed by Shanghai Che Lin. 



 

	2.	 This Supplemental Agreement shall be a supplement to the Exclusive Option Agreement, and any matters not
covered by this Supplemental Agreement shall be as agreed in the Exclusive Option Agreement. 


  

	3.	 Any dispute arising under and in connection with this Supplemental Agreement shall be settled by agreement
between the Parties, and if the parties are unable to reach agreement within thirty (30) days after the dispute arises, either Party may submit the dispute to the Shanghai Arbitration Commission for settlement by arbitration in accordance with its
arbitration rules then in effect. The place of arbitration shall be Shanghai and the arbitration language shall be Chinese. The arbitration award shall be final and binding on all Parties to this Supplement Agreement. 















	4.	 The Exclusive Option Agreement shall continue to be effective, but in the event of any conflict between this
Supplemental Agreement and the contents of the Exclusive Option Agreement, this Supplemental Agreement shall prevail. 


  

	5.	 This Supplemental Agreement shall be effective on the date first above written upon proper execution by the
Parties and may not be changed or terminated without the written consent of the Parties. 


  

	6.	 This Supplementary Agreement is executed in three counterparts, one for each Party, with equal legal effect.



 (The remainder is intentionally left blank, and the following is the signature page of this Supplementary Agreement)













 [Supplemental Agreement to the Exclusive Option Agreement Signature Page] 

IN WITNESS whereof this Supplemental Agreement has been duly executed by the Parties on the date and place first above written. 

Shanghai Che Lin Information Technology Centre (Limited Partnership) 

(seal) 

			
		
	Signature:	 	 /s/ Yan Jiang

	Name: Yan Jiang
	Title:	 	

 Xin Cheng (Shanghai) Information Technology Co., Ltd. 

(seal) 

			
		
	Signature:	 	 /s/ Yan Jiang

	Name: Yan Jiang
	Title:	 	

 Guang Cheng (Shanghai) Information Technology Co., Ltd. 

(seal) 

			
		
	Signature:	 	 /s/ Yangyang Lu

	Name: Yangyang Lu
	Title: