Exhibit 4.7

Exclusive Option Agreement*

This Exclusive Option Agreement (this Agreement) is executed by and among the following Parties as of the 31st day of March, 2009, in Beijing, China:



|         |  |                                                                                                                                                                                                                                                                                                                                
|-------- |  | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|Party A: |  | Beijing Bitauto Internet Information Company, a Wholly Foreign Owned Enterprise, organized and existing under the laws of the Peoples Republic of China
(China), with its address at Beijing New Century Hotel Office Building 6 Flr, No.6 Beijing Capital Stadium Road South, Haidian District, Beijing, P.R. China 100044;
|         | 
|Party B: |  | Li Bin a citizen of China with Identification Card No.:            ;and                                                                                                                                                                                                                                                        
|         | 
|Party C: |  | Beijing Bitauto Information Technology Company Limited, a limited liability company organized and existing under the laws of China, with its address at Room 657, Beijing New
Century Hotel Office Building 6th Floor, No. 6 Beijing Capital Stadium Road South, Haidian District, Beijing, P.R. China 100044.                 

In this Agreement, each of Party A, Party B and Party C shall be referred to as a Party
respectively, and they shall be collectively referred to as the Parties.

Whereas:



| | 1. | Party B holds 80% of the equity interest in Party C;
| | -- | ----------------------------------------------------



| | 2. | Party A and Party B executed a Loan Agreement on March 9, 2006, (the First Loan Agreement) and a Loan Agreement on March 31, 2009 (the Second
Loan Agreement, collectively with the First Loan Agreement, the Loan Agreement) respectively.
| | -- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Now therefore, upon mutual discussion and negotiation, the Parties have reached the following agreement:



|1. | Sale and Purchase of Equity Interest
|-- | ------------------------------------



| | 1.1 | Option Granted
| | --- | --------------

In
consideration of the payment of RMB 10 by Party A, the receipt and adequacy of which is hereby acknowledged by Party B, Party B hereby irrevocably grants Party A an irrevocable and exclusive right to purchase, or designate one or more persons (each,
a Designee) to purchase the equity interests in Party C then held by Party B once or at multiple times at any time in part or in whole at Party As sole and absolute discretion to the extent permitted by Chinese laws and at the
price described in Section 1.3 herein (such right being the Equity Interest Purchase Option). Except for Party A and the Designee(s), no other person shall be entitled to the Equity Interest Purchase Option or other rights with
respect to the equity interests of Party B. Party C hereby agrees to the grant by Party B of the Equity Interest Purchase Option to Party A. The term person as used herein shall refer to individuals, corporations, partnerships, partners,
enterprises, trusts or non-corporate organizations.



|* | Form agreement was filed on October 29, 2010 as Exhibit 10.6 to the registration statement on Form F-1, as amended (File No. 333- 170238). This exhibit is filed to
submit the executed version of this agreement and a schedule showing the material differences between this exhibit and other similar agreements.
|- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



1



---

| | 1.2 | Steps for Exercise of Equity Interest Purchase Option
| | --- | -----------------------------------------------------

Subject to the provisions of the laws and regulations of China, Party A may exercise the Equity Interest Purchase Option by issuing a written notice to Party B (the Equity Interest Purchase Option
Notice), specifying: (a) Party As decision to exercise the Equity Interest Purchase Option; (b) the portion of equity interests to be purchased from Party B (the Optioned Interests); and (c) the date for
purchasing the Optioned Interests and/or the date for transfer of the Optioned Interests.



| | 1.3 | Equity Interest Purchase Price
| | --- | ------------------------------

Unless an appraisal is required by the laws of China applicable to the Equity Interest Purchase Option when exercised by Party A, the purchase price of the Optioned Interests (the Equity Interest
Purchase Price) shall equal the actual capital contributions paid in the registered capital of Party C by Party B for the Optioned Interests.



| | 1.4 | Transfer of Optioned Interests
| | --- | ------------------------------

For each exercise of the Equity Interest Purchase Option:



| | 1.4.1 | Party B shall cause Party C to promptly convene a shareholders meeting, at which a resolution shall be adopted approving Party Bs transfer of the Optioned
Interests to Party A and/or the Designee(s);
| | ----- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 1.4.2 | Party B shall execute a share transfer contract with respect to each transfer with Party A and/or each Designee (whichever is applicable), in accordance with the
provisions of this Agreement and the Equity Interest Purchase Option Notice regarding the Optioned Interests;
| | ----- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 1.4.3 | The relevant Parties shall execute all other necessary contracts, agreements or documents, obtain all necessary government licenses and permits and take all necessary
actions to transfer valid ownership of the Optioned Interests to Party A and/or the Designee(s), unencumbered by any security interests, and cause Party A and/or the Designee(s) to become the registered owner(s) of the Optioned Interests. For the
purpose of this Section and this Agreement, security interests shall include securities, mortgages, third partys rights or interests, any stock options, acquisition right, right of first refusal, right to offset, ownership
retention or other security arrangements, but shall be deemed to exclude any security interest created by this Agreement and Party Bs Share Pledge Agreement. Party Bs Share Pledge Agreement as used in this Section and this
Agreement shall refer to the Share Pledge Agreement (Share Pledge Agreement) executed by and among Party A, Party B and Party C as of the date hereof, whereby Party B pledges all of its equity interests in Party C to Party A, in order to
guarantee Party Cs performance of its obligations under the Exclusive Business Corporation Agreement executed by and between Party C and Party A.
| | ----- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



2



---

| | 1.5 | Payment of the Equity Interest Purchase Price
| | --- | ---------------------------------------------

The Parties have agreed in the Loan Agreement that any proceeds obtained by Party B through the transfer of its equity interests in Party C shall be used for repayment of the loan provided by Party A in
accordance with the Loan Agreement. Accordingly, upon exercise of the Equity Interest Purchase Option, Party A may elect to make payment of the Equity Interest Purchase Price through cancellation of the outstanding amount of the loan owed by Party B
to Party A, in which case Party A shall not be required to pay any additional Equity Interest Purchase Price to Party B.



|2. | Covenants
|-- | ---------



| | 2.1 | Covenants regarding Party C
| | --- | ---------------------------

Party B (as the shareholders of Party C) and Party C hereby covenant as follows:



| | 2.1.1 | Without the prior written consent of Party A, they shall not in any manner supplement, change or amend the articles of association and bylaws of Party C, increase or
decrease its registered capital, or change its structure of registered capital in other manners;
| | ----- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 2.1.2 | They shall maintain Party Cs corporate existence in accordance with good financial and business standards and practices by prudently and effectively operating its
business and handling its affairs;
| | ----- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 2.1.3 | Without the prior written consent of Party A, they shall not at any time following the date hereof, sell, transfer, mortgage or dispose of in any manner any assets of
Party C or legal or beneficial interest in the business or revenues of Party C, or allow the encumbrance thereon of any security interest;
| | ----- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 2.1.4 | Without the prior written consent of Party A, they shall not incur, inherit, guarantee or suffer the existence of any debt, except for (i) debts incurred in the
ordinary course of business other than through loans; and (ii) debts disclosed to Party A for which Party As written consent has been obtained;
| | ----- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 2.1.5 | They shall always operate all of Party Cs businesses during the ordinary course of business to maintain the asset value of Party C and refrain from any
action/omission that may affect Party Cs operating status and asset value;
| | ----- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



3



---

| | 2.1.6 | Without the prior written consent of Party A, they shall not cause Party C to execute any major contract, except the contracts in the ordinary course of business (for
purpose of this subsection, a contract with a value exceeding RMB 500,000 shall be deemed a major contract);
| | ----- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 2.1.7 | Without the prior written consent of Party A, they shall not cause Party C to provide any person with any loan or credit;
| | ----- | -------------------------------------------------------------------------------------------------------------------------



| | 2.1.8 | They shall provide Party A with information on Party Cs business operations and financial condition at Party As request;
| | ----- | --------------------------------------------------------------------------------------------------------------------------



| | 2.1.9 | If requested by Party A, they shall procure and maintain insurance in respect of Party Cs assets and business from an insurance carrier acceptable to Party A, at
an amount and type of coverage typical for companies that operate similar businesses;
| | ----- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 2.1.10 | Without the prior written consent of Party A, they shall not cause or permit Party C to merge, consolidate with, acquire or invest in any person;
| | ------ | -------------------------------------------------------------------------------------------------------------------------------------------------



| | 2.1.11 | They shall immediately notify Party A of the occurrence or possible occurrence of any litigation, arbitration or administrative proceedings relating to Party Cs
assets, business or revenue;
| | ------ | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 2.1.12 | To maintain the ownership by Party C of all of its assets, they shall execute all necessary or appropriate documents, take all necessary or appropriate actions and file
all necessary or appropriate complaints or raise necessary and appropriate defenses against all claims;
| | ------ | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 2.1.13 | Without the prior written consent of Party A, they shall ensure that Party C shall not in any manner distribute dividends to its shareholders, provided that upon Party
As written request, Party C shall immediately distribute all distributable profits to its shareholders; and
| | ------ | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 2.1.14 | At the request of Party A, they shall appoint any persons designated by Party A as directors of Party C.
| | ------ | --------------------------------------------------------------------------------------------------------



| | 2.2 | Covenants of Party B and Party C
| | --- | --------------------------------

Party B hereby covenants as follows:



| | 2.2.1 | Without the prior written consent of Party A, Party B shall not sell, transfer, mortgage or dispose of in any other manner any legal or beneficial interest in the
equity interests in Party C held by Party B, or allow the encumbrance thereon of any security interest, except for the pledge placed on these equity interests in accordance with Party Bs Share Pledge Agreement;
| | ----- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



4



---

| | 2.2.2 | Party B shall cause the shareholders meeting and/or the board of directors of Party C not to approve the sale, transfer, mortgage or disposition in any other
manner of any legal or beneficial interest in the equity interests in Party C held by Party B, or allow the encumbrance thereon of any security interest, without the prior written consent of Party A, except for the pledge placed on these equity
interests in accordance with Party Bs Share Pledge Agreement;
| | ----- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 2.2.3 | Party B shall cause the shareholders meeting or the board of directors of Party C not to approve the merger or consolidation with any person, or the acquisition
of or investment in any person, without the prior written consent of Party A;
| | ----- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 2.2.4 | Party B shall immediately notify Party A of the occurrence or possible occurrence of any litigation, arbitration or administrative proceedings relating to the equity
interests in Party C held by Party B;
| | ----- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 2.2.5 | Party B shall cause the shareholders meeting or the board of directors of Party C to vote their approval of the transfer of the Optioned Interests as set forth in
this Agreement and to take any and all other actions that may be requested by Party A;
| | ----- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 2.2.6 | To the extent necessary to maintain Party Bs ownership in Party C, Party B shall execute all necessary or appropriate documents, take all necessary or appropriate
actions and file all necessary or appropriate complaints or raise necessary and appropriate defenses against all claims;
| | ----- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 2.2.7 | Party B shall appoint any designee of Party A as director of Party C, at the request of Party A;
| | ----- | ------------------------------------------------------------------------------------------------



| | 2.2.8 | At the request of Party A at any time, Party B shall promptly and unconditionally transfer its equity interests in Party C to Party As Designee(s) in accordance
with the Equity Interest Purchase Option under this Agreement, and Party B hereby waives its right of first refusal to the share transfer by the other existing shareholder of Party C (if any); and
| | ----- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 2.2.9 | Party B shall strictly abide by the provisions of this Agreement and other contracts jointly or separately executed by and among Party B, Party C and Party A, perform
the obligations hereunder and thereunder, and refrain from any action/omission that may affect the effectiveness and enforceability thereof. To the extent that Party B has any remaining rights with respect to the equity interests subject to this
Agreement hereunder or under the Share Pledge Agreement among the same parties hereto or under the Power of Attorney granted in favor of Party A, Party B shall not exercise such rights except in accordance with the written instructions of Party A.
| | ----- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



5



---

|3. | Representations and Warranties
|-- | ------------------------------

Party B and Party C hereby represent and warrant to Party A, jointly and severally, as of the date of this Agreement and each date of transfer of the Optioned Interests, that:



| | 3.1 | They have the authority to execute and deliver this Agreement and any share transfer contracts to which they are a party concerning the Optioned Interests to be
transferred thereunder (each, a Transfer Contracts), and to perform their obligations under this Agreement and any Transfer Contracts. Party B and Party C agree to enter into Transfer Contracts consistent with the terms of this Agreement
upon Party As exercise of the Equity Interest Purchase Option. This Agreement and the Transfer Contracts to which they are a party constitute or will constitute their legal, valid and binding obligations and shall be enforceable against them
in accordance with the provisions thereof;
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 3.2 | The execution and delivery of this Agreement or any Transfer Contracts and the obligations under this Agreement or any Transfer Contracts shall not: (i) cause any
violation of any applicable laws of China; (ii) be inconsistent with the articles of association, bylaws or other organizational documents of Party C; (iii) cause the violation of any contracts or instruments to which they are a party or
which are binding on them, or constitute any breach under any contracts or instruments to which they are a party or which are binding on them; (iv) cause any violation of any condition for the grant and/or continued effectiveness of any
licenses or permits issued to either of them; or (v) cause the suspension or revocation of or imposition of additional conditions to any licenses or permits issued to either of them;
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 3.3 | Party B has a good and merchantable title to the equity interests in Party C he holds. Except for Party Bs Share Pledge Agreement, Party B has not placed any
security interest on such equity interests;
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 3.4 | Party C has a good and merchantable title to all of its assets, and has not placed any security interest on the aforementioned assets;
| | --- | --------------------------------------------------------------------------------------------------------------------------------------



| | 3.5 | Party C does not have any outstanding debts, except for (i) debt incurred in the ordinary course of business; and (ii) debts disclosed to Party A for which
Party As written consent has been obtained.
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 3.6 | Party C has complied with all laws and regulations of China applicable to asset acquisitions; and
| | --- | -------------------------------------------------------------------------------------------------



| | 3.7 | There are no pending or threatened litigation, arbitration or administrative proceedings relating to the equity interests in Party C, assets of Party C or Party C.
| | --- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------



6



---

|4. | Effective Date
|-- | --------------

This Agreement shall become effective upon the date hereof, and remain effective for a term of 10 years, and may be renewed at Party As election.



|5. | Governing Law and Resolution of Disputes
|-- | ----------------------------------------



| | 5.1 | Governing law
| | --- | -------------

The
execution, effectiveness, construction, performance, amendment and termination of this Agreement and the resolution of disputes hereunder shall be governed by the formally published and publicly available laws of China. Matters not covered by
formally published and publicly available laws of China shall be governed by international legal principles and practices.



| | 5.2 | Methods of Resolution of Disputes
| | --- | ---------------------------------

In the event of any dispute with respect to the construction and performance of this Agreement, the Parties shall first resolve the dispute through friendly negotiations. In the event the Parties fail to
reach an agreement on the dispute within 30 days after either Partys request to the other Parties for resolution of the dispute through negotiations, either Party may submit the relevant dispute to the China International Economic and
Trade Arbitration Commission for arbitration, in accordance with its then effective arbitration rules. The arbitration shall be conducted in Beijing, and the language used in arbitration shall be Chinese. The arbitration award shall be final and
binding on all Parties.



|6. | Taxes and Fees
|-- | --------------

Each Party shall pay any and all transfer and registration tax, expenses and fees incurred thereby or levied thereon in accordance with the laws of China in connection with the preparation and execution
of this Agreement and the Transfer Contracts, as well as the consummation of the transactions contemplated under this Agreement and the Transfer Contracts.



7



---

|7. | Notices
|-- | -------



| | 7.1 | All notices and other communications required or permitted to be given pursuant to this Agreement shall be delivered personally or sent by registered mail, postage
prepaid, by a commercial courier service or by facsimile transmission to the address of such Party set forth below. A confirmation copy of each notice shall also be sent by email. The dates on which notices shall be deemed to have been effectively
given shall be determined as follows:
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 7.1.1 | Notices given by personal delivery, by courier service or by registered mail, postage prepaid, shall be deemed effectively given on the date of delivery or refusal at
the address specified for notices.
| | ----- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 7.1.2 | Notices given by facsimile transmission shall be deemed effectively given on the date of successful transmission (as evidenced by an automatically generated
confirmation of transmission).
| | ----- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 7.2 | For the purpose of notices, the addresses of the Parties are as follows:
| | --- | ------------------------------------------------------------------------



|           |  |                                                                                                                                                      
|---------- |  | -----------------------------------------------------------------------------------------------------------------------------------------------------
|Party A:   |  | Beijing Bitauto Internet Information Company                                                                                                         
|Address:   |  | Beijing New Century Hotel Office Building 6 Flr, No.6 Beijing Capital Stadium Road South, Haidian District, Beijing, P.R. China 100044               
|Attn:      |  | Ye Jing/Li Bin                                                                                                                                       
|Phone:     |  | 6849 2345                                                                                                                                            
|Facsimile: |  | 6849 2726                                                                                                                                            
|           | 
|Party B:   |  | Li Bin                                                                                                                                               
|Address:   |  | Beijing New Century Hotel Office Building 6th Floor, No. 6 Beijing Capital Stadium Road South, Haidian District, Beijing, P.R. China 100044          
|Phone:     |  |                                                                                                                                                      
|           | 
|Party C:   |  | Beijing Bitauto Information Technology Company Limited                                                                                               
|Address:   |  | Room 657, Beijing New Century Hotel Office Building 6th Floor, No. 6 Beijing Capital Stadium Road South, Haidian District, Beijing, P.R. China 100044
|Attn:      |  | Ye Jing/Li Bin                                                                                                                                       
|Phone:     |  | 6849 2345                                                                                                                                            
|Facsimile: |  | 6849 2726                                                                                                                                            



| | 7.3 | Any Party may at any time change its address for notices by a notice delivered to the other Parties in accordance with the terms hereof.
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------



|8. | Confidentiality
|-- | ---------------

The Parties acknowledge that any oral or written information exchanged among them with respect to this Agreement is confidential information. Each Party shall maintain the confidentiality of all such
information, and without obtaining the written consent of other Parties, it shall not disclose any relevant information to any third parties, except in the following circumstances: (a) such information is or will be in the public domain
(provided that this is not the result of a public disclosure by the receiving Party); (b) information disclosed as required by applicable laws or rules or regulations of any stock exchange; or (c) information required to be disclosed by
any Party to its legal counsel or financial advisor regarding the transaction contemplated hereunder, and such legal counsel or financial advisor are also bound by confidentiality duties similar to the duties in this Section. Disclosure of any
confidential information by the staff members or agency hired by any Party shall be deemed disclosure of such confidential information by such Party, which Party shall be held liable for breach of this Agreement. This Section shall survive the
termination of this Agreement for any reason.



8



---

|9. | Further Warranties
|-- | ------------------

The Parties agree to promptly execute documents that are reasonably required for or are conducive to the implementation of the provisions and purposes of this Agreement and take further actions that are
reasonably required for or are conducive to the implementation of the provisions and purposes of this Agreement.



|10. | Miscellaneous
|--- | -------------



| | 10.1 | Amendment, change and supplement
| | ---- | --------------------------------

Any amendment, change and supplement to this Agreement shall require the execution of a written agreement by all of the Parties.



| | 10.2 | Entire agreement
| | ---- | ----------------

Except
for the amendments, supplements or changes in writing executed after the execution of this Agreement, this Agreement shall constitute the entire agreement reached by and among the Parties hereto with respect to the subject matter hereof, and shall
supercede all prior oral and written consultations, representations and contracts reached with respect to the subject matter of this Agreement.



| | 10.3 | Headings
| | ---- | --------

The headings of
this Agreement are for convenience only, and shall not be used to interpret, explain or otherwise affect the meanings of the provisions of this Agreement.



| | 10.4 | Language
| | ---- | --------

This Agreement
is written in both Chinese and English language in three copies, each Party having one copy with equal legal validity; in case there is any conflict between the Chinese version and the English version, the Chinese version shall prevail.



| | 10.5 | Severability
| | ---- | ------------

In the
event that one or several of the provisions of this Agreement are found to be invalid, illegal or unenforceable in any aspect in accordance with any laws or regulations, the validity, legality or enforceability of the remaining provisions of this
Agreement shall not be affected or compromised in any respect. The Parties shall strive in good faith to replace such invalid, illegal or unenforceable provisions with effective provisions that accomplish to the greatest extent permitted by law and
the intentions of the Parties, and the economic effect of such effective provisions shall be as close as possible to the economic effect of those invalid, illegal or unenforceable provisions.



9



---

| | 10.6 | Successors
| | ---- | ----------

This
Agreement shall be binding on and shall inure to the interest of the respective successors of the Parties and the permitted assigns of such Parties.



| | 10.8 | Survival
| | ---- | --------



| | 10.8.1 | Any obligations that occur or that are due as a result of this Agreement upon the expiration or early termination of this Agreement shall survive the expiration or
early termination thereof.
| | ------ | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 10.8.2 | The provisions of Sections 5, 7, 8 and this Section 10.8 shall survive the termination of this Agreement.
| | ------ | ---------------------------------------------------------------------------------------------------------



| | 10.9 | Waivers
| | ---- | -------

Any Party may
waive the terms and conditions of this Agreement, provided that such a waiver must be provided in writing and shall require the signatures of the Parties. No waiver by any Party in certain circumstances with respect to a breach by other Parties
shall operate as a waiver by such a Party with respect to any similar breach in other circumstances.



| | 10.10 | Replacement
| | ----- | -----------

This
Agreement constitutes the entire agreement between the Parties hereto, and supersedes all prior discussions, negotiations and agreements among them, with respect to the subject matter of this Agreement.

IN WITNESS WHEREOF, the Parties have caused their authorized representatives to execute this Exclusive Option Agreement as of the date
first above written.



|         |  |                                                       
|-------- |  | ------------------------------------------------------
|Party A: |  | Beijing Bitauto Internet Information Company          
|         | 
|By:      |  | /s/ Li Bin                                            
|Name:    |  | Li Bin                                                
|Title:   |  | Legal Representative                                  
|         | 
|Party B: |  | Li Bin                                                
|         | 
|By:      |  | /s/ Li Bin                                            
|         | 
|Party C: |  | Beijing Bitauto Information Technology Company Limited
|         | 
|By:      |  | /s/ Li Bin                                            
|Name:    |  | Li Bin                                                
|Title:   |  | Legal Representative                                  



10



---

Schedule A

The following schedule sets forth all other similar agreements among Beijing Bitauto Internet Information Company and certain special
purpose entities and their respective shareholders and the material differences between such other agreements and this exhibit.



|                                                       |  |                                                                                                                                            |  |                                                     
|------------------------------------------------------ |  | ------------------------------------------------------------------------------------------------------------------------------------------ |  | ----------------------------------------------------
|SPE                                                    |  | Executing Parties                                                                                                                          |  | Equity Interest Ownership                           
|Beijing Bitauto Information Technology Company Limited |  | Party A: Beijing Bitauto Internet Information Company 
Party B: Qu Weihai  Party C: Beijing Bitauto Information Technology Company Limited |  | Party B holds 20% of the equity interest in Party C.
|                                                       |  |                                                                                                                                           
|Beijing C&I Advertising Company Limited                |  | Party A: Beijing Bitauto Internet Information Company 
Party B: Li Bin  Party C: Beijing C&I Advertising Company Limited                   |  | Party B holds 80% of the equity interest in Party C.
|                                                       |  |                                                                                                                                           
|Beijing C&I Advertising Company Limited                |  | Party A: Beijing Bitauto Internet Information Company 
Party B: Qu Weihai  Party C: Beijing C&I Advertising Company Limited                |  | Party B holds 20% of the equity interest in Party C.