Exhibit 10.11


 


Translation


 


TENANCY AGREEMENT


 


		1.	Contract Parties



 





	 	The Landlord:	Beijing Dong Sheng International Culture Industry Development Co., Ltd.
	 	Authorized Address:	No. 58, Jianguo Road, Chaoyang District, Beijing City
	 	Authorized Person:	 
	 	 	 
	 	The Tenant:	Jinshang International Financial Leasing Co., Ltd
	 	Authorized Address:	Ground and First Floors, Block 7, Bali Zhuang Cun, Gaobei 

Dian County, No. 58, Jianguo Road, Chaoyang District, Beijing City
	 	Authorized Person:	 







 


		2.	Location and area of leased premises



 


Location:


Ground
and First Floors, Block 7 of Museum (Please refer to the property title deed and the floor plan).


 


Leased
area:


The leased space
is approximately 775 square meters (hereinafter is referred to “Leased Premises” and the Tenant is not allowed to
use the wall facades of the wall of the leased premises.


 


		3.	Term of Tenancy



 


		3.1	Term of the tenancy:




 


This Tenancy Agreement shall be
valid through a three-year term commencing March 5, 2015 and ending March 4, 2018, both days inclusive.


 


		3.2	Renovation / rent free period




 


			The Landlord and Tenant agree that,
                                         effective the date signing hereof, the Landlord shall grant a 50-day renovation / rent
                                         free period during which no rental, property management fee and related expenses shall
                                         be charged by the Landlord.



 






    	 



    	 



    

 


		4.	Use of the Leased Premises



 


		4.1	During the tenure of the tenancy,
                                         the Tenant shall be allowed to operate lawful activities in the Leased Premises and shall
                                         be prohibited to operate any activity which may damage the reputation of the Landlord.



 


		4.2	The Tenant, without having given
                                         prior written notice to the Landlord and without having obtained the approval of the
                                         Landlord, shall not sublet the Leased Premises.



 


		4.3	The Landlord shall have the absolute
                                         discretion and lawful right as to monitoring the use of the Leased Premises



 


		5.	Rental and other expenses



 





		5.1	Rental:




 


			Monthly rental shall be Renminbi 104,625
                                         Yuan on 30-day basis per month, payable quarterly.



 


		5.2	Property management fee (inclusive
                                         of expenses for electricity and water utilities):



 


Monthly property
management fee shall be Renminbi 11,625 Yuan, payable quarterly at the same time and in the same manner as for rental payments.


 


		5.3	The Landlord shall issue the relevant
                                         invoice within 3 working days upon receipt of the payments.



 


		6.	Rental Deposit



 


		6.1	The Tenant shall pay the sum of Renminbi
                                         100,000 Yuan to the Landlord as the rental deposit within 30 days from the signing of
                                         this Tenancy Agreement.



 


		6.2	The deposit shall be retained by
                                         the Landlord within the tenure of the Tenancy and the Landlord may forfeit the entire
                                         or part of the rental deposit if the Tenant is in breach of this Tenancy Agreement.



 


		6.3	The Tenant shall reinstate the Leased
                                         Premises to its original condition on the day when the lease term expires and within
                                         3 working days upon the satisfactory acceptance of the reinstated Leased Premises by
                                         the Landlord and the Tenant has fully paid the rental and property management fees in
                                         arrear, the Landlord shall return the rental deposit to the Tenant.



 






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		7.	Renovation



 


		7.1	The Tenant shall obtain the Landlord’s
                                         prior written approval on the renovation plan of the Leased Premises before renovation
                                         works commence and all renovation and modification expenses shall be absolutely borne
                                         by the Tenant.



 


		7.2	Prior to the expiry of the term of
                                         the Tenancy, the Tenant shall arrange for the Leased Premises to be reinstated to its
                                         original condition.



 


		8.	Early Termination



 


		8.1	The Tenant and Landlord may agree
                                         in writing to determine this Rental Agreement prior to its expiry.



 


		8.2	In the case that the Tenant wishes
                                         to terminate the Tenancy Agreement prior to its expiry, it shall give a 30-day written
                                         notice to the Landlord prior to the next rental payment date and the Landlord shall have
                                         the right to retain the rental deposit paid by the Tenant and apply the same to compensate
                                         the damage caused to the Landlord and if the Tenant has not given the requisite 30-day
                                         written notice of early termination, the Landlord, in addition to forfeit the rental
                                         deposit, shall also have the right to charge the Tenant with one-month rental as the
                                         penalty.



 


		8.3	In the case that the Landlord wishes
                                         to terminate the Tenancy Agreement prior to its expiry, the Landlord shall give a 30-day
                                         written notice of early termination to the Tenant and shall return the rental deposit
                                         to the Tenant within 30 days.



 


		9.	Renewal



 


		9.1	If the Tenant wishes to extend or
                                         renew the tenancy, it shall give not less than 3-month written notice to the Landlord
                                         of its intention of extension or renewal and both parties shall negotiate on the terms
                                         and conditions of the renewal and extension. On the contrary, the Landlord shall also
                                         give not less than 3-month written notice of its intention of non-renewal. Otherwise,
                                         this Tenancy Agreement shall be regarded as renewed automatically after it expiry.



 






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		10.	Notice



 


		10.1	The delivery of a notice or document
                                         by a party to this Tenancy Agreement to the other party, if in writing, shall be served
                                         at the location of the Leased Premises and should the service be not effective, it shall
                                         be served at the address mentioned in the Business License. The above mentioned notice
                                         or document may be delivered by registered post, courier service, or mail, etc. and shall
                                         be regarded as having delivered to the recipient two days after the dispatch of the notice
                                         or document.



 


		11.	Settlement on Disputes



 


		11.1	Any dispute relating to this Tenancy
                                         Agreement shall be resolved by friendly negotiation of the Tenant and Landlord and if
                                         a settlement is not reached by friendly negotiation, any party hereof may raise law suit
                                         with a court of competent jurisdiction.



 


		12.	Effectiveness of Tenancy Agreement



 


		12.1	This Tenancy Agreement shall become
                                         effective upon execution and affixing of the corporate seal of the parties hereto.



 


		12.2	This Tenancy Agreement shall be
                                         executed in duplicates and each party shall retain a copy thereof.



 


	TENANT: (Corporate seal affixed	 	LANDLORD: (Corporate seal affixed)
	 	 	 
	Authorized person: (signed)	 	Authorized person: (signed)
	 	 	 
	Date: Year   Month  Date		Date: Year   Month   Date


 


 


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