Exhibit 10.4


 


Tianjin Free Trade Zone International
Automall


 


Office Tenancy Contract


 


Contract No. 2014-194


 


Party A (the Leaser): Tianjin Binhai
International Automall Co., Ltd.


 


Party B (the Lessee): Tianjin Binhai
Shisheng Trading Group Co., Ltd.


 


In accordance with the Contract
Law of the People’s Republic of China, Party A and Party B, upon amicable consultation, hereby agree to enter into
this Contract for joint compliance and observation with respect to matters of Party B’s renting of the office in Party A’s
automobile city.


 


Article 1. The
Premises


 


1. Booth.
The Premises is located in Booth N1-29 on the ground floor of Tianjin Free Trade Zone International Automall, No.86,
Tianbao Avenue, Tianjin Free Trade Zone. The area of the office is 49.50 square meters (including 10% public shared area).
The space area for rental pricing of this booth is 81 square meters. See appendix for specific location.


 


2. Office,
The Premises is located in Room R8 on the ground floor of Tianjin Free Trade Zone International Automall, No.86,
Tianbao Avenue, Tianjin Free Trade Zone. The area of the office is 23 square meters (including 10% public shared area).
The space area for rental pricing of this booth is 38 square meters. See appendix for specific location.


 


Article 2. Lease
Term


 


The lease
term of this Contract shall be one (1) year from 1st December 2014 to 30th November 2015. Where
Party B intends to renew the lease term upon expiration thereof, Party B shall inform Party A in writing thirty (30) days
prior to the maturity of the lease term, and this Contract may be renewed upon consultation with Party A and upon unanimous negotiation
by both parties.


 



    	 



    	 



    

 


Article 3. Rental
and property management fee


 


	Booth:	rental is RMB 6.00 per day per square meter




 


Property management
fee: RMB 2.00 per day per square meter


 


Monthly rental: RMB 9034.00


 


Monthly property
management fee: RMB 3011.00


 


Annual rental: RMB:
108,408.00


 


Annual property management
fee: RMB 36,132.00


 


	Office:	Monthly rental: RMB 1,620




 


Monthly property management
fee: RMB 1,380


 


Annual rental: RMB
19,440


 


Annual property management
fee: RMB 16,560


 


Article 4. Payment


 


The rental
shall be payable every six months. The first payment of rental and property management fee totaling RMB 90,270 shall be made within
5 days from the date of this Contract. The rental of the next six months shall be payable within thirty (30) days prior
to the maturity of the first six months.


 


Article 5. Usage
of the Premises 


 


The Premise
under in this Contract shall only be used for car exhibition and business related to car sales by Party B. Without consent of Party
A, Party B shall not change the usage of the Premise, or sublease or lend or share the Premise.


 


Article 6. Deposit


 


Party B shall, within
three days this Contract is executed, pay RMB 0 to Party A as a warranty that Party B will perform this Contract. Upon termination
or expiration of this Contract, Party A shall return the deposit (without any interest) to Party B as soon as Party B settles all
its outstanding payable charges. Should any loss or damages arise to Party A or any third party due to default of Party B, such
deposit shall be used for indemnifying such losses or damages. In the event that such deposit is insufficient to indemnify such
losses or damages, Party B shall pay additional amount as necessary.


 


Article 7. Relevant
Expenses in the Term of Lease


 


1.
Besides the Premises mentioned in this Contract, Party A shall provide Party B with property services including central air-conditioner,
public lighting, and public area cleaning and security. Party A shall not charge additional fees for its provision of the above-mentioned
services.


 



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2.
Other expenses if incurred, including but not limited to the cost and/or charges for internet access, telephone, electric power
(limited to 80W/M2), cleaning service, temporary use of meeting room or office, shall be borne by Party B. (For expenses already
paid by Party A as a whole, Party A is entitled to charge on Party B separately as practically incurred)


 


Article 8. Principles
for handling facilities installed by Party B in the Term of Lease


 


1.
Party B may, upon Party A’s consent, install other facilities inside the Premises without prejudice to the existing facilities
of Party A, and without impact upon use of other adjacent premises.


 


2.
When the term of lease expires, Party A may, at its own option, keep the above-mentioned facilities or request Party B to remove
them and restore to the original state. Where Party A determines to keep them, no compensation shall be made to Party B.


 


Article 9. Two
parties’ rights and obligations


 


1.
Two parties acknowledge that the User Manual of Tianjin Free Trade Zone Automobile City (hereinafter referred to as User
Manual) and Safety Responsibility Agreement shall be attachment to this tenancy contract. Such attachment has been
delivered by Party A to Party B upon signing of this Contract (Party B is required to affix receipt stamp to the last page of
this Contract). Two parties shall comply with this Contract, as well as the provisions of the User Manual and the Safety
Responsibility Agreement. The attachment hereto shall have the equal legal effect as of this Contract.


 


2.
Besides observing the provisions of this Contract and the User Manual, Party B shall obey the management given by Party
A and its working staff. In the lease term, should Party A need to decorate the office, Party B shall give cooperation thereto.


 


3.
Party B shall not early terminate the lease term without Party A’s consent.


 


4.
Party B shall not leave the Premise empty for any 15 constant days, such fact shall be deemed a an earlier termination.


 


5.
Party A shall not early cancel this Contract without acceptable reason. In case Party A early terminate this Contract with no
good reason, Party A shall return to Party B the rental already paid by Party B but yet to expire.


 


6.
Party B agrees that where Party B fails to pay Party A the rental and other expenses, Party A may entitled to withhold Party B’s
vehicles on show. In the event that Party B is unable to pay the above-said expenses within the period of time specified by Party
A, Party A may auction or sell any item withheld. Proceeds from such auction or sale shall be prioritized to cover Party A’s
loss; Party A shall return the balance thereof if any to Party B; in case such proceeds are insufficient to cover Party A’s
loss, Party A may continue to demand indemnification.


 






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7. In the
event that any vehicle on the Premise is lost due to fault of Party A, Party A shall indemnify Party B for any of such losses.
However Party A shall in no circumstance be responsible for any loss of items that Party B is responsible for storage.


 


8.
Neither party hereto shall assume indemnity liability to each other in case of loss of life and property due to force majeure.


 


Article 10. Amendment,
Rescission or Termination of the Contract


 


1.
Supplement or amendment may be made to this Contract upon unanimous consultation of two parties hereto. Such supplement or amendment
shall be made in writing, and shall have the equal effect as of this Contract upon signature and stamp by both parties hereto.


 


2.
Where Party B violates the provisions of this Contract and the User Manual, Party A may early terminate this Contract without
return of the rental already paid by Party B, and demand indemnification for other expenses payable by Party B or for Party A’s
loss as a result of such violation.


 


3.
Party B may early rescind this Contract should Party A fail to comply with the provisions of this Contract and the User Manual.
In case Party B early terminates this Contract for which Party A is held responsible, Party A shall return the rental already
paid by Party B but yet to expire, and Party B may demand indemnification for other loss it may suffer.


 


4.
This Contract shall cease to be valid upon the expiration of the performance period. In case two parties have no intention for
renewal of the lease term, Party B shall move out of the Premises and return to Party A the Premises and related facilities on
the expiration date of the lease term. Should Party B fail to do so within specified period of time, Party B shall pay an amount
at twice the rental of this Contract for each day delayed as penalty.


 


Article 11. Liabilities
for breach of the contract by two parties


 


1.
Any violation of the obligations specified in this Contract, the User Manual and the Safety Responsibility Agreement
by either party hereto shall constitute breach of this Contract. Therefore, the observing party shall have the right to request
the other party to assume default liability and indemnity liability in accordance with the provisions of this Contract and legal
regulations and rules.


 


2.
Where Party B fails to pay the rental at the time agreed in this Contract, Party B shall undertake default liability to Party
A and pay Party A an amount at twice the rental as agreed in this Contract for each day delayed as penalty, and Party A
may execute its right to cancel this Contract.


 



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3.
Party A shall deliver the Premises to Party B within three (3) days when Party B has paid the rental of first six months.
Should Party A fail to do so, an amount twice the rental as agreed in this Contract shall be payable to Party B as penalty.


 


4.
In case of inability to perform this Contract due to policies of the State and local government’s management department,
neither party shall assume default liabilities to each other.


 


Article 12. Contractual
Dispute Settlement Method


 


Dispute
arising from the performance of this Contract shall be settled through consultation by two parties hereto; if no agreement can
be reached, either party hereto may bring the case in dispute to the people’s court of jurisdiction. In case of any change
in the jurisdiction of local people’s court on the case, two parties agree to take the place where Premises situates as the
place for performance of this Contract, and the prosecutor shall initiate a proceeding at such place where this Contract is performed.


 


Article
13. This Contract is made in five copies, and two parties shall retain two copies thereof respectively, and the last copy shall
be furnished to the management department for record-filing. This Contract shall come into effect upon signature and stamp by two
parties hereto and upon Party B’s payment of rental for the first month to Party A. In case this Contract is not in line
with relevant contracts previously executed by both parties hereto, this Contract shall prevail, and such relevant contracts shall
automatically be terminated.


 


	Party A: 	Party B:
	 	 
	(signature and stamp)	(signature and stamp)




 


 


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