Exhibit 10.4


 


 


 


 


EXCLUSIVE PURCHASE OPTION AGREEMENT


 


BY AND AMONG


 


CHUANGXIANG NETWORK TECHNOLOGY (SHENZHEN)
LIMITED


 


AND


 


JIYING LI


 


HUIBIN SU


 


CHAORAN ZHANG


 


AND


 


SHENZHEN CHUANGXIANG NETWORK TECHNOLOGY
LIMITED


 


April 20, 2017


 


 


 


 




     

     


    

 


EXCLUSIVE PURCHASE OPTION AGREEMENT


 


(Translation Copy)


 


THIS EXCLUSIVE PURCHSE OPTION AGREEMENT
(this Agreement) is entered into as of the 20th day of April, 2017 in Shenzhen, the Peoples Republic of China
(the PRC)


 


by and among


 


Party A: Chuangxiang
Network Technology (Shenzhen) Limited


Entity Registration
Number: 440300MA5DAEP93


Registered Address:
Room 201, Buidling A, 1 Qianwan Road 1, Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone (sharing offices with
Shenzhen Qianhai Commerce Secretary Limited)


Legal Representative:
Jiyin Li


 


Party B: Jiyin Li


(China) Citizen ID
Number: 410203198712131555


Address: No. 12 Building
5, Dirun Road 2, Jinshui District, Zhenzhou City, China


 


Party C: Huibin
Su


(China) Citizen ID
Number: 440781198001200210


Address: Room 503,
Huanyuan Street 5, Haizhu District, Guangzhou City, China


 


Party D: Chaoran
Zhang


(China) Citizen ID
Number: 440112197809270019


Address: Room 503,
Huajin Road 72, Tianhe District, Guangzhou City, China


 


Party E: Shenzhen
Chuangxiang Network Technology Limted


Entity Registration
Number: 44030034988710X5


Registered Address:
Room 201, Buidling A, 1 Qianwan Road 1, Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone (sharing offices with
Shenzhen Qianhai Commerce Secretary Limited)


Legal Representative:
Jiyin Li


 


(Party A, Party B, Party C, Party D and
Party E individually being referred to as a Party and collectively the Parties).


 






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WHEREAS:


 


		1.	Party A is a validly registered wholly foreign owned entity in the People’s Republic of China
(“P.R. China” or “China”) , duly incorporated and in a good standing;



 


		2.	Party E is a valided registred limited liability company under PRC law, duly incorporated and in
good standing;



 


		3.	Party B, Party C and Party D are the total shareholders (collectively, the “Grantors”)
of Party E, holding 60%, 20% and 20% of issued and outstanding shares of Party E, respectively, representing 100% equity interest
of the Company in aggregate;



 


		4.	Grantors agree to grant exclusively, irrevocabley and unconditionally an option to purchase the
shares and essets of Party E pursuant to which Grantors shall transfer their shares or assets of Party E in part or in whole to
Party A or its designee upon Party’s exercise of the option as permitted under the applicable PRC laws.



 


NOW, THEREFORE,
in consideration of the premises, the mutual covenants and agreements herein contained, and other good and valuable consideration,
the receipt, adequacy and sufficiency of which are hereby acknowledged, the parties hereto, intending to be bound, do hereby agree
as follows:


 


ARTICLE 1: GRANT OF THE OPTION


 


		1.1	Grant of Share Purchase Option





Each of Grantors agrees hereby to grant jointly and severally to Party A the irrevocable option (the “Share Purchase Option”)
to purchase the the shares of Party E it holds in part or in whole at one time or in several installments at a purchase price set
forth in Artilce 2.2 of this Agreement at the time decided by Party A subject to the terms and conditions set forth in this Agreement
and as permitted under the applicable PRC laws for a consideration of 10RMB at the Share Purchase Price (as defind in Article 3.2
hereunder). Each Grantor shall not grant an option to purchase its shares in Party E or any rights underlying its shares in Party
E to any Person except Party A and its designees. Party E agrees to the grant of the Share Purchase Option. The references of “Person”
refer to individual, entity, joint venture, partnership, enterprise, trust or any non-business organization.


 






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		1.2	Grant of Asset Purchase Option



 


Each of Grantors agress hereby
to grant jointly and severally to Party A the irrevocable option (the “Asset Purchase Option”, together with the Share
Purchase Option, the “Option”) to purchase any and all assets of Party E in part or in whole at one time or in several
installments at a purchase price Artilce 2.2 of this Agreement for a consideration of at the time decided by Party A subject to
the terms and conditions set forth in this Agreement and as permitted under the applicable PRC laws.


 


Party A or its designee and Party
E shall enter into seprate asset transfer agreement to set forth the conditions and terms of the transfer of the asset in accordance
with the relevant articles of this Agreement upon the exercise of the Asset Purchase Option.


 


ARTICLE 2: EXERCISE OF THE OPTION AND
CLOSING


 


		2.1	Timing of Exercise



 


		2.1.1	Each of the Grantors agrees jointly and severally that Party A may at any time, and from time to
time after the effective date hereof, exercise the Option, in whole or in part, to acquire all or a portion of the shares and/or
assets of Party E, subject only to applicable laws of the PRC.



 


		2.1.2	Each of the Grantors hereby agrees that Party A shall be entitled to exercise the Option for an
unlimited number of times, until all of the shares or assets of Party E have been acquired by Party A.



 


		2.1.3	Each of the Grantor agrees that when exercising the Option, Party A may designate itself or any
authorized third party to exercise the Option provided that Party notifies Each Grantor in written.



 


		2.2	Exercise Price



 


The exercise price to purchase
the shares or asset of Party E held by each Grantor under this Agreemetn shall be determined as follows:


 


		2.2.1	If the applicable laws of the PRC do not require an evaluation on the shares and/or assets of Party
E upon the exercise of the Option, the total exercise price = RMB10,000 (“Total Exercise Price”); if Party A exercises
the Option in a portion, each exercise price = Total Exercise Price * (the shares/assets underlying the portion of the Option /
total shares/assets of Party E).



 






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		2.2.2	If the applicable laws of the PRC require an evaluation on the shares and/or assets of Party E
upon the exercise of the Option, the total exercise price = evaluation of total shares/assets of Party E *1% (or the minimum amount
permitted under the applicable laws of the PRC); if Party A exercises the Option in a portion, each exercise price =the evalution
of the shares/assets underlying the portion of the Option *1% (or the minimum amount permitted under the applicable laws of the
PRC).



 


		2.3	Transfer



 


Each of the Grantors agrees that
the Option shall be freely transferable, in whole or in part, by Party A to any third party, and that upon such transfer, the Option
may be exercised by such third party upon the terms and conditions set forth herein, as if such third party were a party to this
Agreement, and that such third party shall assume the rights and obligations of Party A hereunder.


 


		2.4	Notice Requirement



 


If Party A wishes to exercise
the Option, it shall send a written notice to the Grantor by no later than ten business of Closing Date (defined herein below)
pecifying therein:


 


		2.4.1	the valid date of transfer the shares or assets of Party E (the “Closing Date”);



 


		2.4.2	the name of the person to whom the shares or assets shall be transferred;



 


		2.4.3	the amount and percentage of the shares or assets to be purchased from Party A;



 


		2.4.4	the exercise price and the way of delivery; and



 


		2.4.5	a letter of authorization, where a third party has been designated to exercise the Option. All
parties agree tahat Party A can designate a third party to exercise the Option.



 






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		2.5	Transfer of Shares or Assets



 


		2.5.1	Each Grantor within 10 business days of receipt of an exercise notice in written from Party in
accordance with Artilce 2.4 herein, shall:



 


		(1)	immediately call for a shareholder meeting of Party E and take all other necessary action to approve
the transfer of shares or assets set forth in the exercise notice to Party A and/or its designee at the exercise price;



 


		(2)	immediately enter into share or asset transferer agreement with Party A and/or its designee to
transfer the shares or assets set forth in the exercise notice to Party A and/or its designee at the exercise price;



 


		(3)	enter into other necessary agreement or document, obtain all necessary governmental approvals and
permits, take other necessary actions, to transfer the shares or assets set forth in the exercise notice to Party A and/or its
designee free of lien and cause to register Party A and/or its designee as the owner of the shares or assets. For the purpose of
this Agreement, “lien” includes guaranty, pledge, third party’s right or beneft, any option, repurchase right,
right of first refusal, set-off, detain of any property rights or other security arrangement. To avoid any confusion, “lien”
does not include any security interest or right under this Ageement, Share Pledge Agreement and the Power of Attorney entered into
by by the Grantors. Referrences of “Share Pledge Agreement” refer to the Share Pledge Agreement, as amened from time
to time, entered into by the Granters and Party A.



 


ARTICLE 3: REPRESENTATIONS AND WARRANTIES


 


		3.1	Representations and Warranties of the Grantors



 


	 	3.1.1	Each
of the Grantorss severally represents and warrants that:
	 	 	 
		3.1.2	it has the full power and authority to enter into this Agreement, and other document in connection
with this Agreement; it has the full power and authority to fulfill its obligations under this Agreement and can act on its own
and represent itself in any legal proceeding.



 


		3.1.3	this Agreement is legally and validly executed and delivered. Such Grantor is bound by this Agreement
and subject to enforcement as set forth in this Agreement if does fulfill out its obligations under this Agreement;



 






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		3.1.4	its signing of this Agreement or fulfilling of any of its obligations hereunder does not violate
any laws, regulations, court judgment or arbitration results and contracts to which it is bound, or conflict with any regulatory
decision;



 


		3.1.5	the shares of Party E held by such Grantor is free of any lien, guaranty, debtedness or cliam from
a third party;



 


		3.1.6	there is no lawsuit, arbitration or other legal or government procedures pending involving such
Grantor which, based on its knowledge, shall materially and adversely affect this Agreement and the performance thereof;



 


		3.1.7	Party E is a legally registered and validly existing limited liability company under the PRC laws
as an independent legal person. It has full power and capability as an independent legal person and can act on its own interest
and be treated as an independent party in any litigation;



 


		3.1.8	Party E has all the business licenses, permits or grants required to conduct its business and is
eligible to conduct its business in China;



 


		3.1.9	there is no lawsuit, arbitration or other legal or government procedures pending involving Party
E which, based on its knowledge, shall materially and adversely affect this Agreement and the performance thereof;



 


		3.1.10	during the term of this Agreement, such Grantor will use its best efforts to ensure that Party
E timely obtain or renew its business licenses, permits or grants as applicable and maintain the validity of these business licenses,
permits or grants;



 


		3.1.11	Unless otherwise agreed by Party A in written, such Grantor will not



 


		(a)	transfer or dispose shares of Party E in any method, in part or in whole, or impose any trust,
escrow, guaranty, pledge or grant any third party’s rights on the shares, wheter in part or in whole;



 


		(b)	increase or decrease the registered capital of Party E;



 


		(c)	dispose or cause the management of Party E to dispose any assets of Party E (except the disposition
of less than 10% of net assets of the Party during the ordinary course of business);



 






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		(d)	terminate or cause the management of Party E to terminate an material agreement (such materiality
as reasonably determined by Party) or enter into any material agreement that may conflict with any existing material agreement;



 


		(e)	appoint or remove any executive officer or director (if any), supervisor, or any other member of
the management that shall be appointed or removed by suh Grantor;



 


		(f)	cause Part E to announce and distribute any cash dividend, bonus, interests on shares;



 


		(g)	supplement, amend or revise the company charter of Party E by any means;



 


		3.1.12	ensure Party E does not loan or make any loan, or pvoide any guaranty by any means, or engage in
any oblgiations out of its ordinary course of business;



 


		3.1.13	Ensure the valid existence of Party E without any termination, acquisition, spin-off, liquidation
or dissolution;



 


		3.1.14	During the valid term of this Agreement, use its best efforts to development Party E’s business
and maintain its operation in compliance with the laws and regulations, avoid any conduct that would materially adverse affect
Party E’s asseets, reputation, or valid existence;



 


		3.1.15	Option granted by this Agreement is exclusive. The Grantor will not grant any other pary than Party
A or its designee purchase option or similar rights in any means;



 


		3.1.16	Such Grantor shall use its efforts to fulfill the exercise when Party A exercises its Option including
waiving the application of certain law and regulation (except such law or regulation is mandatory in PRC or otherwise set forth
in this Agreement).



 






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ARTICLE 4: COVENANTS AND UNDERTAKINGS


 


	4.1	Covenants of Party E



 


The Grantors (as all the shareholders
of Party E) and Part E covenant that:


 


		4.1.1	without prior written consent of Party A, they will not supplement, amend or revise company charter
of Party E by any means, incrase or decrease Party E’s registered capital, or change Party E’s capital structure in
any way;



 


		4.1.2	they will keep validly existing and prudently and effectively operate Party E’s business
and handle related corporate affairs following good commercial and business standards and practices; endeavor to ensure Party E
keep holding its licenses, certificates and approvals as requisite for its business operations, and keep such licenses, certificates
and approvals from being revoked;



 


		4.1.3	without prior written consent of Party A, they will not sell, transfer, mortgage or otherwise dispose
of any material asset, income, legitimate or beneficial interests in its business, or allow creation of any other security interest
at any time as from the date hereof;



 


		4.1.4	without prior written consent of Party A, they will not inherit, guarantee or allow the existence
of any debt, with the exception of the receivables incurred during the ordinary or daily course of business not from any loan;



 


		4.1.5	they will normally operate businesses to maintain its assets value, and not to result in any materially
adverse affect on its business operation and the value of its assets by any acts or omissions;



 


		4.1.6	without prior written consent of Party A, they will not enter into any material agreement except
for the agreements entered into during the ordinary course of business (for the purpose of this section, an agreement should be
deemed as a material agreement if the amount of which exceeds RMB 100,000);



 


		4.1.7	without prior written consent of Party A, they will not provide any loan, credit or guatantee to
anyone;



 


		4.1.8	at the request of Party A, they will provide all materials related to its business and financial
conditions to Party A;



 






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		4.1.9	at the request of Party A, Party E will purchase and maintain an insurance of its assets and business
from a carrier acceptable to Party A with a premium and insurance type identical to other similar businessnes as Party E;



 


		4.1.10	without prior written consent of Party A, they will not merge or associate with any entity, or
acquire any entity or invest in any entity;



 


		4.1.11	they will promptly inform Party A of any existing or potential litigation, arbitration, or administrative
proceedings in relation to its assets, business or revenues;



 


		4.1.12	in order to maintain its ownership of all its assets, they will execute all necessary or appropriate
documents, commence all necessary or appropriate claims, or make all necessary or proper defences to all claims;



 


		4.1.13	without prior written consent of Party A, they will not distribute any dividend to shareholders
by any means. But at the request of Party A, they will immediately distribute all profits to shareholders;



 


		4.1.14	at the request of Party A, they will appoint the person designated by Party A to be its director
or executive director;



 


		4.1.15	without prior written consent of Party A, they will engage in any business competing against Party
A or its affilites; and



 


		4.1.16	without prior written consent of Party A, Party E will not dissolve or liquidate subject mandatory
requirement under PRC laws.



 


	4.2	Covenants of the Grantors



 


		4.2.1	without written consent of Party A, each Grantor will not sell, transfer, mortgage or otherwise
dispose of any legitimate or beneficial interests in its shares of Party E, or allow creation of any other security interest at
any time as from the date hereof except the security interest set forth in the Share Pledge Agreement and the Power of Attorney;



 


		4.2.2	each Grantor shall cause the board of dirctors and/or diretors (executive directors) of Party E
to disapprove any sale, transfer, mortage or disposition of any legitimate or beneifical interests in its shares in Party E, or
creation of any other securitiy interest except the approval of the security interest set forth in the Share Pledge Agreement and
the Power of Attorney;



 






    	 	9	 



     


    

 


		4.2.3	without prior written consent of Party A, it will cause the board of dirctors and/or diretors (executive
directors) of Party E to disapprove any merger or association of Party E with any entity, or acquisition of any entity or investment
in any entity;



 


		4.2.4	it will promptly inform Party A of any existing or potential litigation, arbitration, or administrative
proceedings in relation to its shares in Party E;



 


		4.2.5	it will cause the board of dirctors and/or diretors (executive directors) of Party E to approve
the transfer of shares in accordance with this Agreement and any action taken at the request of Party A;



 


		4.2.6	in order to maintain its ownership of shares, it will execute all necessary or appropriate documents,
commence all necessary or appropriate claims, or make all necessary or proper defences to all claims;



 


		4.2.7	at the request of Party A, it will designate any person to be appointed as a director or executive
director of Party E;



 


		4.2.8	it will give up any right of first refusal in connection with the transfer of shares among shareholders
of Party E (if any), consents to other shareholders of Party E to enter into this Agreement, Share Pledge Agreement and Power of
Attorney with Party A uner the similar terms of these agreements it has with Party A and agrees not to take any action that may
conflict with these ageements;



 


		4.2.9	If it receives any profits, dividends, interests or liquidation distribution, it will promptly
give to Party or its designee as a gift;



 


		4.2.10	it will fulfill its obligations under this Agreement in compliance with this Agrement and other
agreements it has entered into with the Grantors and/or Party E and do not engage in any action or omission that may materially
adversely impact the validity of this Agreement. Without written consent of Party A, the Grantor will not claim any rights of shares
if there is any rights of shares;



 


		4.2.11	In the event there is a change of the grantor or its ownership in share of Party E due to any reason
(including but not limited to bankruptcy, divorce, death, etc), this Agreement is legally binding to the Grantor’s inheirs
or transferees and subject any shares held by the inheirs or the transferees which shall be treated as the successor party to this
Agreement.



 






    	 	10	 



     


    

 


Article
5: taxation


 


	5.1	Each Party will bear its own fees and other expenditure arising from negotiating, executing and performing this Agreement and
any other relevant documents required therefore, including but not limited to legal fees, costs, businessand any other taxes and
charges.




 


	5.2	Each Party will bear its own tax and regulatory fees arising from executing and perform this Agreement under the applical PRC
laws (for the purpose of this Agreement, PRC laws include laws of mainland China only and excluds laws of Hong Kong, Macau and
Taiwan) If Party B and Party C shall pay any fees and other expenditure in accordance with the laws or the relevant contracts,
Party A shall fully indemnify such fees and other expenditure paid by Party B and Party C.




 


ARTICLE 6: EVENT OF DEFAULT


 


Upon the execution of this Agreement, failure
by either party to perform other obligations in this Agreement and any untrue representations or warranties shall be deemed as
an event of default under this Agreement. In addition, the occurrence of any one or more of the following events shall constitute
an event of default under this Agreement.


 


	6.1	A Grantor’s failure to its oblgations in this Agreement and any untrue represenetations or
warranties shall be deemed as a breach of Agreement. In addition, the occurenace of any following event shall conduct a breach
by such Grantor:



 





	 	6.1.1	the Grantor is forced to repay in advance or perform due to (i) a breach of any loan, guaranty, reimbursement or (ii) any indebtedness
or fails to repay or perform when such indebtedness which Party A considers materially adversely impact or threat its capability
to perform this Agreement;


 






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	 	6.1.2.	the Grantor cannot repay any material indebtedness caused by infringement, unjustified enrichment or debt of negotiorum gestio;




 


	 	6.1.3.	the Grantor cannot perform this Agreement because the transactions contemplatd hereto is illegal due to the revision or change
of laws of PRC;




 


	 	6.1.4.	the governmental permits, license, registrations or grants that are necessary to perform this Agreement are revoked, cancalled,
terminated, void or materially rvised;




 


	 	6.1.5.	there is material adverse change of the Grant’s assets which Party A has reason to believe materially adversely impact or
threat its capability to perform this Agreement;




 


	 	6.1.6.	Party E or any third party has applied bankruptcy, dissolvtion, spin-off, restructure, liquidation or deregistration for Party
E or there is serious threat of such proceeding;




 


	 	6.1.7.	the governmental permits, license, registrations or grants that are necessary for Party E to conduct its business has been revoked,
or Party E’s operation capability has been materially adversely impacted or limited;




 


	6.2.	If any party (the “Defaulting Party”) fails to peform its oblgations in this Agreement,
the defaulting party shall fulfill its obligations caused by its default in accordance with this Agreement and the applicable laws
including but not limited to fulfillment, remedies or compensating all the loss suffered by the other pary (the “Innocent
Party”) provided that, such fulfillment does not impact any other rights that the Innocent Party is entitled to under this
Agreement.



 


	6.3.	If a Grantor is a Defaulting Party, it shall be subject to the obligations caused its default under
the Share Pledge Agreement in addition to the obligatios set forth in Article 6.2 of this Agreement.



 






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ARTICLE 7: GOVERNING LAW AND DISPUTE
SETTLEMENT


 


	7.1	The conclusion, validity, interpretation, performance and the dispute resolution of this Agreement
shall be governed by the laws of PRC (for the purpose of this Agreement, the laws of PRC limits to laws of the main land China
and excludes laws of Hong Kong, Macau and Taiwan).



 


	7.2	Any disputes arising from or relating to this Agreement shall be resolved through consultation
by the Parties. In case of a failure to reach an agreement through consultations within thirty (30) days, each Party can submit
the disputes to the China International Economics & Trade Arbitration Commission Huanan Branch for arbitration in accordance
with its Arbitration Rules in effect at the time of the arbitration. The arbitration shall be held in Shenzhen. The arbitral award
shall be final and binding upon the Parties.



 


ARTICLE 8: CONFIDENTIALITY


 


No party to this Agreement shall publicize,
divulge or disclose any information regarding this Agreement, the transaction under this Agreement, unless (1) that disclosure
is required by applicable laws or rules of any stock exchange; (2) that information has been made publicly known without the default
of any party; (3) that disclosure is made to its shareholder, legal counsel, accountant financial advisor or other professional;
or (4) that the other party gives a written consent in advance.


 


ARTICLE 9: VALIDITY, TERM AND TERMINATION


 


	9.1	This Agreement shall take effect from the date first mentioned hereof upon execution by all parties
or parties’ representatives.



 


	9.2	Unless terminated by Party A prior to its expiration, this Agreement shall remain valid until all
shares or assets of Party E have been transferred to Party A and/or its designated party.



 


	9.3	Party A has the right to terminate this Agreement with a written notice at least 30 days before
the termination.



 






    	 	13	 



     


    

 


	9.4	This Agreement is terminated upon the occurrence of any following event:



 


		(1)	That the Grantors cannot transfer the shares to Party A and/or its designee in part or in whole
at the exercise price set forth in Article 2.2 of this Agreement because of the limitation of laws of PRC provided that Party A
has given termination notice to other Parties; or



 


		(2)	That the Grantors do not fully own or legally own shares of Party E because that Party A has transfer,
sell or auction shares of Party E in accordance with the Share Pledge Agreement provided that Party A has given termination notice
to other Parties.



 


ARTICLE 10: MISCELLANEOUS


 


	10.1	This Agreement sets forth the fair and reasonable convenents agreed by the Parties on equal and valuable consideration. It constitutes
the entire understanding and agreement between the parties hereto with respect to the subject matter hereof. Any prior agreements,
understandings, restrictions, representations, or warranties conflict with those set forth or referred to herein shall be void.
No amendment or modification to this Agreement shall be valid unless made in writing and executed by the Parties. The exhibits
of this Agreement shall be aa component of this Agreement and have the same effectiveness and force.
	 	 
	10.2	Notices




 


Unless otherwise designated by
the other Party, any notices of other correspondences among the Parties in connection with the performance of this Agreement shall
be delivered in person, by personal delivery, certified mail, pre-stamped mail, express mall or facsimile to the following correspondence
addresses:


 


	 	Party A 	Chuangxiang Network Technology (Shenzhen) Limited
	 	Address	Room 201, Buidling A, 1 Qianwan Road 1, Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone (sharing offices with Shenzhen Qianhai Commerce Secretary Limited)
	 	Telephone	 
	 	Attention	 


 






    	 	14	 



     


    

 


	 	Party B	Jiyin Li
	 	Address	 
	 	Telephone	 
	 	Attention 	 


 


	 	Party C	Huibin Su
	 	Address	 
	 	Telephone	 
	 	Attention 	 
	 	
         

        Party D
	
         

        Chaoran Zhang

	 	Address	 
	 	Telephone	 
	 	Attention 	 
	 	 	 
	 	Party E 	Shenzhen Chuangxiang Network Technology Limted
	 	Address	Room 201, Buidling A, 1 Qianwan Road 1, Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone (sharing offices with Shenzhen Qianhai Commerce Secretary Limited)
	 	Telephone	 
	 	Attention	 


 


	10.3	Any amendmnt, supplement or revision to this Agreement shall be in written and executed or sealed by all Parties.




 


	10.4	This Agreement sets forth the fair and reasaonble agreements among the Parties based on equal and value consideration. If any
article of this Agreement is not valid or cannot be fulfilled due to conflict with any law of PRC, it does not impact the effectiveness
and the force of other articles of this Agreement.




 


	10.5	This Agreement shall be made in Chinese version. This Agreement shall be executed in five copied with the same legal effectiveness
and force.




 


 


[THE REMAINDER OF
THIS PAGE IS INTENTIONALLY LEFT BLANK]




    	 	15	 



     


    

 


[EXECUTION PAGE]


 


IN WITNESS WHEREOF, the Parties
or their respective authorized representatives have caused this Agreement to be executed as of the date and in the place first
here above mentioned.


 


SIGNED
and SEALED by


For
and on behalf of


Party A: Chuangxiang Network Technology
(Shenzhen) Limited


Legal
Representative: Jiyin Li


 


SIGNED by


Party B: Jiyin Li


 


SIGNED by


Party C: Huibin Su


 


SIGNED by


Party D: Chaoran Zhang


 


SIGNED
and SEALED by


For
and on behalf of


Party E: Shenzhen Chuangxiang Network
Technology Limted


Legal
Representative: Jiyin Li


 


 


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