Exhibit 4.18


 


SUPPLEMENTAL AGREEMENT


 





This supplemental agreement (the “Agreement”)
is entered into in Shanghai as of December 28, 2016 by and among the following parties:


 





		(1)	Shanghai Zhongming Supply Chain Management Co., Ltd. (the “WFOE” or “Zhongming”),
a wholly foreign-owned enterprise registered in Shanghai, the People’s Republic of China (“China” or “PRC”),
under laws of China;



 


		(2)	Shanghai Zhongmin Supply Chain Management Co., Ltd. (“Zhongmin”), a domestic
company registered in Shanghai, China under the laws of China; and



 


		(3)	Shanghai Zhongmin Investment and Development Group Co., Ltd. (which was formally known as
“Shanghai Zhongmin Investment and Development Co., Ltd.”, the “Shareholder”), an entity registered
in Shanghai, China under the laws of China.



 





(Each of WFOE, Zhongmin and
the Shareholder, a “Party”, and collectively the “Parties”)


 





		(A)	WHEREAS, the Shareholder holds 100% equity interests in Zhongmin;



 


		(B)	WHEREAS, the WFOE and Zhongmin entered into a Master Exclusive Service Agreement
dated May 13, 2015 (the “Master Exclusive Service Agreement”)



 


		(C)	WHEREAS, the WFOE, Zhongmin and the Shareholder entered into a Business
Cooperation Agreement dated May 13, 2015 (the “Business Cooperation Agreement”);



 


		(D)	WHEREAS, the WFOE, Zhongmin and the Shareholder entered into an Exclusive
Option Agreement dated May 13, 2015 (the “Exclusive Option Agreement”);



 


		(E)	WHEREAS, the WFOE, Zhongmin and the Shareholder entered into an Equity
Interests Pledge Agreement dated May 13, 2015 (the “Equity Interests Pledge Agreement”);



 


		(F)	WHEREAS, the WFOE, Zhongmin and the Shareholder entered into a Proxy
Agreement and Power of Attorney dated May 13, 2015 (the “Proxy Agreement and Power of Attorney”, together with
Master Exclusive Service Agreement, Business Cooperation Agreement, Exclusive Option Agreement and Equity
Interests Pledge Agreement, the “Principal Agreements”)



 


		(G)	WHEREAS, the Shareholder changed its name from Shanghai Zhongmin Investment and Development
Co., Ltd. to Shanghai Zhongmin Investment and Development Group Co., Ltd on May 14, 2015;



 


		(H)	NOW, THEREFORE, the Parties hereby agree as follows:



 





1. The Parties hereto acknowledge
and confirm that the name of “Shanghai Zhongmin Investment and Development Co., Ltd.” for all section under the Principal
Agreements shall be changed as “Shanghai Zhongmin Investment and Development Group Co., Ltd.” and take effect as
the date appearing at the head hereof.


 






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2. Article 4.1.7 of the Exclusive Option
Agreement are amended as follows,


 


Without the prior written consent of the
WFOE, they shall not cause Zhongmin to provide any person or company with any loan or credit, or provide any person or company
with any guarantee or security in any form, other than in the course of ordinary business.


 





3. Article 4.2.7 of the Exclusive Option
Agreement is amended as follows,


 


The shareholder shall promptly return or
donate any funds received, including but not limited to loans, profit, interest, dividend or proceeds of liquidation received from
Zhongmin to the WFOE or any other entity designated by the WFOE to the extent permitted under applicable PRC laws.


 





4. Article 5.1 of the Master Exclusive
Service Agreement is amended as follows,


 


To ensure that cash flow requirements with
regard to the business operations of the Service Receiving Party are met and/or to set off any loss accrued during such operations,
the WOFE agrees that it shall, to the extent permissible under PRC law, through itself or its designated person, provide financial
support to the Service Receiving Party. The WOFE’s financing support to the Service Receiving Party may take the form of
bank entrusted loans or other forms permitted under PRC law.


 





5. Delete article 15.2 of the Master Exclusive
Service Agreement.


 


In the event that The Stock Exchange of
Hong Kong Limited or other supervision and administration institution provides any comments to this Agreement, or upon any changes
to the Rules Governing the Listing of Securities on The Stock exchange of Hong Kong Limited or relevant requirements where they
relate to this Agreement, the Parties shall amend this Agreement accordingly.


 





6. Delete article 5.3 of the Business Cooperation
Agreement.


 


In the event that The Slack Exchange of
Hong Kong Limited or other supervision and administration institution provides any comments to this Agreement, or upon any changes
to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited or relevant requirements where they
relate to this Agreement, the Parties shall amend this Agreement accordingly.


 





7. Delete article 9.3 of the Exclusive
Option Agreement.


 


In the event that The Slack Exchange of
Hong Kong Limited or other supervision and administration institution provides any comments to this Agreement, or upon any changes
to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited or relevant requirements where they
relate to this Agreement, the Parties shall amend this Agreement accordingly.


 






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8. Delete article 11.3 of the Equity Interests
Pledge Agreement.


 


In the event that The Slack Exchange of
Hong Kong Limited or other supervision and administration institution provides any comments to this Agreement, or upon any changes
to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited or relevant requirements where they
relate to this Agreement, the Parties shall amend this Agreement accordingly.


 





9. Article 2 of the Proxy Agreement and
Power of Attorney is amended as follows,


 


The Attorney-in-Fact has the right to authorized,
at its sole discretion, its affiliated companies, including but not limited its ultimate holding company, to exercise any or all
of its rights of the Attorney-in-Fact under this Agreement.


 


The Attorney-in-Fact has the right to appoint,
at its sole discretion, a candidate or candidates to perform any or all of its rights of the Attorney-in-Fact under this Agreement,
which could be the Attorney-in-Fact or the directors of the affiliated companies of the Attorney-in-Fact, and to replace such candidate
or candidates.


 





10. Article 12 of the Proxy Agreement and
Power of Attorney is amended as follows,


 


Any modification of this Agreement shall
be made in a written form and shall only become effective upon execution by all Parties of this Agreement. Modifications and supplements
to this Agreement duly executed by the Parties shall be parts of this Agreement and shall have the same legal effect as this Agreement.


 





Besides that, the Parties agree
that all sections of the Principal Agreements remain unchanged.


 





[Signature Page Follow]




 






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IN WITNESS WHEREOF, the Parties
have duly executed this Agreement on the date appearing at the head hereof.


 


 


 


Shanghai Zhongming Supply Chain Management Co., Ltd.


 


Authorized Representative:


 


Signature:/s/Xiaoxia Zhu


 


Seal: (Seal)


 


 


 


Shanghai Zhongmin Supply Chain Management Co., Ltd.


 


Authorized Representative:


 


Signature:/s/Liyuan Cao


 


Seal: (Seal)


 


 


 


Shanghai Zhongmin Investment and Development Group Co., Ltd.


 


Authorized Representative:


 


Signature:/s/Xiaoxia Zhu


 


Seal: (Seal)


 








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