Exhibit 10.7


 


Employment
Agreement with Wei Zhang 


 


Party
A: Global Mofei (Beijing) Technology Co., Ltd.


 


Party
B: Zhang Wei


 


This
contract is made by the following parties on April 30, 2021. It was signed in Chaoyang District, Beijing, on Monday.


 


Party
A: Global Mo Fei (Beijing) Technology Co., Ltd


 


Address:
No.102, Floor 1, Building A12, Xidi Point Memory Cultural and Creative Town, Gaobeidian Township, Chaoyang District, Beijing No.102,
Floor 1, Building A12, Xidi Point Memory Cultural and Creative Town, Gaobeidian Township, Chaoyang District, Beijing


 


Legal
representative: Yang Haogang


 


Party
B: Zhang Wei


 


Address: ______________


 


Emergency
Contact: ______________


 


Emergency
contact information: ______________


 


In
accordance with the Labor Law of the People’s Republic of China, the Labor Contract Law of the People’s Republic of
China and other relevant laws and regulations, Party A and Party B agree on the principle of equality, voluntariness and negotiation
(hereinafter referred to as the Labor Contract) of the “Contract”, and jointly abide by the provisions listed in this
Contract.


 


I.
Term of the labor contract


 


Article
1 The contract term shall be the following:


 


It
is a no fixed-term contract starting from May 1, 2021.


 


Article
2 There is no probation period under the contract.


 


II.
Work content and personnel adjustment


 


Article
3: Party B agrees that, according to Party A’s work needs, in Finance Department, serving as the CFO.


 


Article
4: Party B shall conscientiously perform the duties designated by Party A, complete its own work tasks and meet the work standards
of the corresponding posts.


 


Article
5: Party A shall have the right to reasonably arrange and adjust Party B’s work position and corresponding salary according
to its business needs, expertise, working ability and performance (determined according to the assessment results of Party B).
Party B shall obey Party A’s arrangement and management and complete the tasks assigned by Party A on time, in quality and
quantity.


 






     


     


    


 


III.
Labor protection and working conditions


 


Article
6: Party A shall provide Party B with a safe and hygienic working environment in accordance with the national regulations, and
ensure Party B’s personal safety and work in the harmless working environment.


 


Article
7: Party A shall provide Party B with the necessary working conditions and tools, and establish and constantly improve the working
procedures and standards.


 


Article
8: During the employment of Party B, Party A shall be responsible for educating and training Party B on professional ethics, labor
safety, business skills, labor discipline and Party A’s rules and regulations. Party A shall provide Party B with training
expenses for technical training to Party B. If Party B signs or leaves for personal reasons during the validity period of the
contract, Party A shall have the right to investigate the corresponding compensation for the training expenses (including the
travel expenses paid during the training).


 


Article
9: Besides the working hours, Party A shall provide the environment, various equipment and precious video materials for Party
B to independently choose the learning and growth needs. Party B shall operate in accordance with the prescribed procedures, correctly
use and maintain and love various equipment and video materials, save various energy, and comply with the confidentiality requirements
of the Company.


 


IV.
labor remuneration


 


Article
10: Party B shall be entitled to obtain corresponding labor remuneration after normal labor attendance, and Party B’s
probation period salary and subsidy before tax: _______ RMB / month; after the probation period, if the employment conditions
of Party A for Party B are met, the monthly salary and subsidy shall determine the labor relationship: $20,000 in RMB
per month, the employee welfare and performance bonus will be determined according to Party B’s work performance, labor
results and actual contribution assessment, and the specific implementation method shall be in accordance with Party
A’s compensation and welfare and performance management system.


 


Article
11: Party A shall pay Party B’s salary of the previous month in currency from 11th to 13th days of each month.


 


Article
12: Party A shall withhold and pay the individual income tax and the state amount payable in accordance with the current laws
and provisions of the People’s Republic of China.


 


V.
Insurance and welfare benefits


 


Article
13: Party A shall provide Party B with the following welfare benefits:


 


		1、	Party
                                         B shall enjoy paid holidays such as wedding, funeral and family planning holidays.



 


		2、	Party
                                         A shall pay the social insurance stipulated by the state for Party B according to law,
                                         and Party B shall pay paid by Party B and Party A shall deduct and pay the salary.



 


		3、	If
                                         Party B gives up paying social insurance in Party A’s location, Party A shall pay
                                         the legal social insurance fee monthly to Party B’s salary card or in cash, Party
                                         B shall return to the social insurance fee of the insurance, and shall return the social
                                         insurance payment voucher to Party A for future reference. If it does not return to the
                                         social security of the residence, the future social insurance disputes shall be unrelated
                                         to Party A, and all responsibilities shall be responsible by Party B himself.



 


VI.
Protection of labor discipline and business secrets


 


Article
14: Party B shall conscientiously abide by national laws and regulations, various rules and regulations formulated by Party A
(including attendance system, employee manual, salary management system, employee performance management system, etc.); strictly
implement all work procedures, financial management system, protect Party A’s public property and observe professional ethics;
Party B shall confirm the rules and regulations. Party B shall be deemed to agree with various rules and regulations formulated
by Party A.


 






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Article
15: If Party B violates the relevant rules and regulations of the Company, violates labor discipline, damages Party A’s
reputation to Party A, and causes economic losses to Party A, Party A shall, according to the circumstances, give it the punishment,
compensation, disciplinary action or even termination of the Labor Contract according to the relevant provisions of the Reward
and Punishment Management System and other systems of the Company. If Party B violates the national laws and is investigated for
criminal responsibility according to law, it will terminate the labor contract immediately.


 


Article
16: If Party B causes property losses due to intentional or gross negligence, Party A, Party A has the right to ask Party B to
fully compensate Party A for the economic losses caused after verification.


 


Article
17: According to the work characteristics of Party A, Party B promises not to disclose Party A’s company business secrets
during the contract period and after leaving office, otherwise it shall be liable for breach of contract and pay Party A liquidated
damages as required. If economic losses occur to Party A, Party A shall have the right to require Party B to bear all liability
for compensation. If a crime is constituted, Party A shall transfer it to the judicial department for investigated criminal responsibility
according to law. In addition, Party B undertakes to maintain no labor relationship or sign a non-competition agreement with any
other unit when signing this Agreement. Otherwise, if it causes losses to other units, Party B shall be solely liable and has
nothing to do with Party A.


 


Article
18: The scope of trade secrets of Party A referred to Article 17 refers to the scope included in Article 18 of Chapter 4 of the
Intellectual Property Protection Agreement attached hereto this Contract. In addition, Party B cannot be employed by other enterprises
or other economic organizations at the same time, otherwise, Party A has the right to terminate the contract or investigate its
due responsibilities after verification.


 


VII.
Training service period and non-competition restrictions


 


Article
19: If Party A provides special training expenses for Party B and provides professional and technical training, it will conclude
a separate training agreement with Party B to agree on the service period. If Party B violates the service period agreement, Party
B shall pay liquidated damages to Party A. The specific service period, liquidated damages standards and payment methods and other
relevant provisions shall be separately agreed upon and followed by the Training / Education Agreement signed by both parties.


 


Article
20: According to the actual situation of Party B contacting with and mastering the business secrets of Party A and its affiliated
companies during his tenure, Party A has the right to sign a non-competition agreement with Party B and clearly agree on the rights
and obligations of both parties. This Agreement is signed as a supplementary annex to this Contract and has the same legal effect
as this Contract.


 


VIII.
Change, termination, termination and renewal of the labor contract


 


Article
21: If the laws, administrative regulations and rules based on the formulation of this Contract change, the Contract shall change
the relevant contents.


 


Article
22: If the objective circumstances based on the conclusion of this Contract have been changed significantly, resulting in the
failure of this Contract, the relevant contents of this Contract may be changed with the consent of both parties through negotiation.


 


Article
23: This Contract may be terminated upon the agreement of both parties through negotiation.


 


Article
24: Party B may terminate the Contract (Party A under any of the following circumstances does not pay compensation or economic
compensation).


 


		1、	If
                                         the applicant is proved to not meet the conditions for employment during the trial period;



 


		2、	Serious
                                         violation of the disciplinary code or the rules and regulations of Party A;



 


		3、	Serious
                                         dereliction of duty or personal fraud, causing serious damage to Party A’s interests;



 






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		4、	Being
                                         investigated for criminal responsibility according to law;



 


		5、	Party
                                         A has the right to terminate the labor contract for the three consecutive monthly absenteeism
                                         or four cumulative monthly absenteeism;



 



		6、	Women
                                         of the right age shall inform the company in advance whether she is pregnant before entering
                                         the company. If it intentionally conceals it, the company has the right to refuse to
                                         pay the corresponding policy compensation.



 


		7、	Party
                                         A has the right to terminate the labor contract if it fails continuously or continuously
                                         twice after monthly, quarterly or annual assessment or fails to take up the post, and
                                         Party A fails to transfer the post or refuses to take up the job.



 


Article
25: Party A may terminate this Contract under any of the following circumstances, but it shall notify Party B in writing 30 days
in advance.


 


		1、	If
                                         Party B is ill or non-work injured, it cannot engage in the original work or work arranged
                                         by Party A after the expiration of medical treatment;



 


		2、	Party
                                         B fails to pass the performance appraisal, is not competent for the work, and is still
                                         incompetent after training or job adjustment;



 


		3、	If
                                         the objective situation based on at the conclusion of the labor contract has undergone
                                         major changes, so that the labor contract cannot be performed, and no agreement is reached
                                         on changing the contents of the labor contract after negotiation, such as Party A reduces
                                         and adjusts the internal organization, and the work project responsible for Party B is
                                         cancelled or terminated.



 


Article
26: If Party A is on the verge of bankruptcy for rectification or has serious difficulties in its work and operation, it may be
terminated after explaining the situation to all the employees.


 


Article
27: Party B shall not terminate Party A or terminate this Contract in accordance with any of the following circumstances.


 


		1、	Sick
                                         or non-work injury, within the prescribed medical period.



 


		2、	Those
                                         who have worked in Party A for at least 15 consecutive years, and are less than five
                                         years away from the legal retirement age.



 


Article
28: If Party B suffers from occupational disease or injury due to work or medical treatment, completely or partially confirmed
by the municipal and district labor appraisal committees shall comply with the relevant provisions of Beijing.


 


Article
29: If Party B cancels this Contract, it shall notify Party A in writing 30 days in advance, handle the handover procedures within
three days before leaving the contract, return the relevant materials and articles in good condition, hand over the work clearly,
and settle the accounting reimbursement, punishment, compensation and other related expenses with the financial department. The
salary shall be received on the 10th of the next month after the completion of the above handover work. If Party B does not handle
the above handover work according to the time and requirements required by Party A after leaving his post, Party A shall suspend
the basic salary (including relevant business commission or bonus) until the handover is completed.


 


Article
30: Party B shall notify Party A 3 working days in advance of any of the following circumstances.


 


		1、	During
                                         the probation period;



 


		2、	Party
                                         A forces labor by means of violence, threat, imprisonment or illegal restriction of personal
                                         freedom;



 


		3、	If
                                         Party A is unable to pay labor remuneration or provide working conditions in accordance
                                         with this Contract.



 


Article
31: Within 30 days before the expiration of this Contract, if Party A and Party B terminate the Contract without written notice
to the other party, the validity period of this Contract shall be automatically extended for 3 months.


 






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IX.
Liability for breach of contract


 


Article
32: If Party A has any of the following circumstances, and Party B violates and cancels the labor contract, it shall make economic
compensation in accordance with the Labor Law and the relevant provisions of Beijing Municipality:


 


		1、	Failing
                                         to give the laborers economic compensation in accordance with relevant laws and regulations
                                         after the termination of the labor contract;



 


		2、	If
                                         Party A cancels the labor contract or violates the invalid labor contract concluded due
                                         to Party A, and causes damage to Party B, Party A shall bear the compensation liability
                                         in accordance with the relevant labor provisions.



 


		3、	other



 


Article
33: If Party B terminates the labor contract in violation of the conditions agreed herein or violates the confidential trade secrets
agreed herein, and causes economic losses to Party A, it shall be liable for compensation according to the extent of the losses.


 


Article
34 A labor dispute arising from the performance of this contract shall be settled through negotiation and fails. If one party
requests arbitration, it shall apply for arbitration to the Labor Dispute Arbitration Section 60 days from the date of the occurrence
of the labor dispute. One party may also directly apply for arbitration to the labor dispute arbitration committee where Party
A is located. If it refuses to accept the award, it may bring a lawsuit to the people’s court where Party A is located.


 


X.
Other agreements


 


Article
35: Party B shall invest by Party A for training, acceptance, etc., and Party B shall sign a supplementary agreement with Party
A.


 


Article
36: The ownership and right to use any products produced by or produced during Party B shall completely belong to Party A.


 


Article
37: Party B shall truthfully inform Party A of his identity, address, study, work experience, illegal or criminal acts, participation
in working in other units, physical condition (whether serious diseases, infectious diseases, chronic diseases or other diseases
affecting normal work). If Party A intentionally informs the false situation or intentionally conceals the truth and discloses
the invalid labor contract concluded by fraudulent means, Party A has the right to terminate the labor contract at any time and
does not bear the economic compensation and compensation, which thus causes Party A losses, Party B shall compensate according
to the actual losses.


 


Article
38: Matters not covered herein shall be implemented with reference to the Labor Contract Law of the People’s Republic of
China and other relevant laws and regulations.


 


Article
39: This Contract is made in duplicate, with each party holding one copy. Both parties shall effective on the date of signature.


 


Article
40: The following annex is an integral part of this Contract, and shall have the same agreed force for both parties:


 


Other
supplementary documents signed by the two parties, such as the Employee Code, Intellectual Property Protection Agreement, Confidentiality
Agreement, Company Rules and Regulations, and Non-competition Agreement.


 


Article
41: Party A’s rules and regulations (including but not limited to the employee manual, post manual, training agreement,
etc.) are all attached to the contract, and its effectiveness is equivalent to that of the contract. Party A shall have the right
to formulate other documents regulating the management system of Party A except the above attachments. Such institutional documents
shall automatically become these attachments starting from the date when Party A announces its implementation, which are binding
on both parties and the provisions are significantly illegal.


 






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Party
A (signature): /s/ Global Mofei (Beijing) Technology Co., Ltd.


 


Party
B (signature): /s/ Zhang Wei


 


Date
of signing the contract: April 30, 2021


 



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