Exhibit 10.7


 


(Translated from
Chinese)


 


(Translator’s notation: The former name
of “Xi’An Yunchuang Space Information Technology Co., Ltd. ” was “Entrepreneurship World Consultants Limited”)


 


Data Sharing Cooperation Agreement


 


Party A: Xi’an Chuangyetianxia Network Technology
Co., Ltd.


 


Domicile: Rooms 2201, 2202, 2203, and 2216, Block
D, Changhe International, No.180 Fengcheng 8th Road, Xi’an Economic and Technological Development Zone


 


Legal Representative: Yuanfang Luda


 


Party B: Entrepreneurship World Consultants Limited


 


Domicile: Room 1216, 12/F Hongfu Building, North
Avenue, Lianhu District, Xi’an City


 


Legal Representative: Li Jianyong


 


To reinforce the cooperation
between the Parties hereto and make sure their job content is accomplished positively and effectively, the Agreement is entered into through
sufficient consultation.


 


I. Purpose of Cooperation:


 


1. The mutual trust, convention,
and tacit understanding established between the Parties hereto during cooperation is the foundation of the commercial strategic partnership.
It is the objective and fundamental interests of cooperation for the Parties hereto to improve efficiency and jointly develop.


 


2. The fundamental principle
of the Agreement includes free will, win-win, reciprocity, mutual promotion, joint development, secret keeping, and protection of cooperative
market.


 


3. The Parties hereto shall
give full play to their strengths, complement each other’s advantages, improve competitiveness, and explore markets together.


 


4. As a framework agreement,
the Agreement shall serve as the instructive document for the future long-term cooperation between the Parties hereto and the foundation
of contract execution between the Parties hereto.


 


II. Mode of Cooperation:


 


1. The Parties hereto shall
share nonconfidential internal resource information.


 


2. When the Parties hereto
share their nonconfidential internal resource information, the heads of the companies shall communicate and exchange, and share the nonconfidential
internal resource information after reporting the corresponding case and receiving the companies’ consent.


 






     


     

    

 


3. The Parties hereto shall
provide mutual convenience for their resource information sharing.


 


4. The registered account and
password of the respective merchant of the Parties hereto does not belong to the resource information to share.


 


III. Rights and Obligations
of the Parties


 


1. The Parties hereto have
the right to ask each other to provide relevant resource information shared;


 


2. The Parties hereto must
provide each other with the resource information shared, and such information must be truthful and valid.


 


3. The Parties hereto shall
assign 1-2 staff to cooperate on the resource information shared. The staff may receive relevant resource information without the letter
of authorization from the Company. All the staff’s deeds shall represent the deeds of their respective company, and the companies
shall assume the corresponding legal liabilities. If other staff of the Parties hereto asks the other party to provide resource information,
the letter of authorization from the Company is required (including the letter of authorization, copy of business license (with official
seal), and copy of ID card of the trustee (with official seal of the Company)).


 


IV. Profit Distribution:


 


The Parties hereto need not
pay resource fee for the profit from using the other party’s resource information. As for the details, agreement separately signed
between the Parties hereto shall prevail.


 


V. Confidentiality:


 


1. Without the other party’s
permission, neither party may disclose the agreement data between the Parties hereto or any information of the other party or its affiliated
company acknowledged during execution and performance of the Agreement to a third party without the other party’s prior written
consent (except that it is required by relevant law, regulation, government sector, stock exchange, or other regulatory organ, and except
the legal, accounting, business, and other advisor or employee of the Parties hereto).


 


2. Without the other party’s
prior written consent, neither party may use the brand, logo, data, or any other business documents of the other party for business activities.


 


VI. Term of Agreement


 


The Agreement shall be effective
from January 1, 2020 to December 31, 2023.


 


VII. Liability for Default


 


1. Apart from the cooperation
specified hereunder, neither party may start non-cooperative business in the name of the other party or its agent. Otherwise, it shall
be deemed as default, and the defaulting party shall indemnify the other party for all economic losses therefrom.


 


2. If either party defaults,
the observant party may ask the defaulting party in writing to immediately stop the default and to make correction or take remedy measure
before deadline. If the defaulting party fails to stop the default or to make correction or take remedy measure as required by the observant
party, it shall be deemed as fundamental default, in which the observant party has the right to terminate the cooperation unilaterally.


 


3. If either party causes loss
to a third party during performance of the Agreement, the other party shall not assume any liability for the indemnity for the third party’s
loss.


 






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VIII. Dispute Settlement


 


Disputes arising from performance
of the Agreement shall be settled between the Parties hereto through negotiation. If negotiation fails, the Parties hereto agree to file
a lawsuit to the people’s court of Party A’s locality.


 


IX. Miscellaneous


 


1. The titles of the clauses
hereunder are made for the convenience of search, and shall not be used to explain the connotation of the Agreement.


 


2. The Agreement shall come
into force upon being signed or stamped by and between the Parties hereto, and shall be invalidated upon expiry of specified term of cooperation.


 


 


3. The Agreement is made in
quadruplicate. The Parties hereto shall hold two duplicates each of equal legal force. The notes, attachment, and supplementary agreement
to the Agreement shall be part of the Agreement and bear equal legal force.


 


4. Attachments hereunder shall
be an inalienable part of the Agreement. Matters uncovered hereunder shall be settled between the Parties hereto through friendly negotiation.


 


 


 


	Party A (Signature or Seal): Xi’an Chuangyetianxia Network Technology Co., Ltd.	Party B (Signature or Seal): Entrepreneurship World Consultants Limited  
	Legal Representative (Signature): Yuanfang Luda	Legal Representative (Signature):
	October 28, 2019	October 28, 2019


 


TERMINATION AGREEMENT


 


THIS AGREEMENT is made on 8th May 2020
(Agreement).


 


BETWEEN:


 


	(1)	Xi’an Chuangyetianxia Network Technology
Co., Ltd. (the”XI’AN CNT”)
	 	 



	(2)	Entrepreneurship World Consultants Limited (the
“XI’AN YUNCHUANG”)



 


Each of XI’AN CNT and the XI’AN YUNCHUANG
is a “party”, and collectively are the “parties”.


 


WHEREAS:


 


A. The parties entered into a Contract related
to mutual trust, mutual assistance and resource sharing dated 28th October 2019(the
“Data Sharing Agreement”).


 


B. The parties agree to terminate the Data Sharing
Agreement in accordance with, and subject to, the terms and conditions of this Agreement.


 






    3


     

    

 


THEREFORE the parties hereby agree as follows:


 


	1.	The parties agree to terminate the Data Sharing Agreement with effect from 8th May 2020 (the
“Effective Date”).
	 	 



	2.	Each party’s rights and obligations under the Data Sharing Agreement shall cease immediately on
termination, except for the clauses which are expressed to survive termination.
	 	 



	3.	This Agreement shall have two counterparts, with each party holding one original. All counterparts shall
be given the same legal effect.



 


IN WITNESS WHEREOF, this Agreement has
been executed on the date stated at the beginning of this Agreement by each party for and on behalf by its authorized person.


 


for and on behalf of


Xi’an
Chuangyetianxia Network Technology Co., Ltd. (Company chop)


 


 









 


for and on behalf of


Entrepreneurship
World Consultants Limited (Company chop)





 


 


 






 


 


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