Cooperation
Agreement Between Benefactum Alliance Business Consultant (Beijing) Co., Ltd. and Yinxin Small Loan Co., Ltd. in Fangzi District
of Weifang City


 


The
Agreement is concluded by the following both parties on October 30, 2015 at Qingdao.


 


Party
A: Benefactum Alliance Business Consultant (Beijing) Co., Ltd. (hereinafter referred to as “Benefactum Alliance Business”)


 


Legal
Representative: _____________


 


Party
B: Yinxin Small Loan Co., Ltd. in Fangzi District of Weifang City (hereinafter referred to as “Yinxin Small Loan”)


 


Legal
Representative: _____________


 


WHEREAS:


 


1.
Party A is a company engaging in Internet financial
services platform with good reputation, excellent team, rich financial strength, efficient, high-quality service level and advanced
management experience.


 


2.
Party B is a persistent small loan company, which
is legally registered in Weifang and has obtained the financial business license with good reputation and professional ability.


 


3.
Party A is a new financial intermediary service
platform of internet with huiyingdai.com project and good development prospect.


 


4.
Party B shall voluntarily make the most of itself
professional advantage to cooperate with Party A on financial services through Internet financial service platform at huiyingdai.com.


 




    	 



    	 



    

 


5.
Party B hereby has known and fully accepted to
observe the Use and Service Terms at huiyingdai.com of the service platform at huiyingdai.com (For details, see the contents
published at huiyingdai.com as the Attachment of this Agreement).


 


6.
Both parties shall actively explore and use Internet
technology to engage in the small micro enterprise financing, personal loans, investment & financing, and other services based
on the principles of equality, good faith and mutual benefit and under the condition of the current laws and regulations and relevant
regulatory system.


 


Party
A and Party B hereby have reached the following agreement through full consultation:


 


I.       Mode
about the cooperation


 


1.
Party A has the following main works as an intermediary
party:


 


(1)       Release
the financing information, audit and approve the validity of information, and ensure the safety of customer information;


 


(2)       Provide
financial consulting and other consulting value-added services, and facilitate the successful assignment of Party B’s creditor’s
rights project through the platform at huiyingdai. com.


 


(3)       Coordinate
and manage the cooperation with each participant at “huiyingdai. com” Internet financial services platform; maintain
the normal operation at “huiyingdai. com” Internet financial services platform;


 


(4)       Entrust
the third party to manage capital account;


 


(5)       Assist
the assignee of creditor’s rights (investors of the platform) to perform or entrust the rights arranged by the Agreement
as the trustee;


 


(6)       Provide
other services related to “huiyingdai. com”.


 




    	 



    	 



    

 


2.
Party B has the following main works as the transferor
of creditor’s rights:


 


(1)       Review
and certificate the borrower’s information truthfulness of creditor’s rights project, and conduct due diligence to
the borrower’s credit status in accordance with laws and regulations;


 


(2)       Provide
credit guarantee to Party A, supervise the borrower’s implementation status, urge the borrower to repay on schedule, check
and feedback the borrower’s credit status, implementation ability and debt paying ability change to Party A at any moment;


 


(3)       Party
B must notice Party A immediately, if the borrower’s delinquency is more than 3 days;


 


(4)       Party
B must repurchase creditor’s rights before the creditor’s rights project loan deadline expires;


 


3.
Credit extension


 


(1)       Before
the Agreement is concluded, Party A has passed its own investigation review and credit granting process. Party B has been confirmed
and granted to enjoy the credit line of RMB one billion yuan, and can transfer its creditor’s rights within its credit
line according to Party A’s requirement;


 


(2)       Party
B’s credit line can be improved during the performance of the Agreement, if Party A agrees to improve Party B’s credit
line and Party B’s application is provided.


 


(3)       Unless
otherwise agreed, the credit extension under the Agreement is only used for the cooperation model agreed by both parties.


 


4.
Cooperation period


 


(1)       Both
parties confirm that the cooperation period of the Agreement is one year since the date of entry into force.


 




    	 



    	 



    

 


(2)       The
Agreement shall automatically become void if no joint written confirmation is made by both parties after the Agreement expires.
Another written agreement should be concluded if both parties want to continue their cooperation.


 


(3)       The
termination and cancellation of the Agreement shall not affect the validity of the specific business contract confirmed by both
parties before under the Agreement.


 


5.
Margin terms


 


(1)       In
order to ensure Party A and its platform investor’s benefit, 3% of the each single creditor’s rights project amount
shall be deposited by Party B as cash deposit of Party A to provide guarantee for the creditor’s rights project with the
mode of cash pledge.


 


(2)       The
scope of guarantee includes the original capital of investment, income, interest, penalty, expenses, the expense of realizing
creditor’s rights, and so on, which should be paid to Party A and its platform investors by Party B.


 


(3)
Party B should remit the cash deposit of each single creditor’s rights project object to the account appointed by Party
A before Party A releases its platform (account name: __________; opening bank:  ______________________; account number:  __________).


 


(4)
After each single creditor’s rights buy-back
deadline expires, if Party B has repurchased creditor’s rights , paid all payables and expenses, Party A shall return the
cash deposit (without interest) to Party B according to the agreement.


 


(5)       Party
A shall have the right to take out the cash deposit paid by Party B in a matching amount, if Party B fails to repurchase the creditor’s
rights and pay the original capital of investment, earnings, penalty and expenses as agreed.


 




    	 



    	 



    

 


(6)       Party
A shall have the right to take out the cash deposit of all creditor’s rights subject, released by Party B at platform, in
the payable original capital of single creditor’s rights , earnings, penalty and expenses, if Party B ‘s any single
creditor’s rights project fails to carry out buy-back liability according to the agreement.


 


(7)       After
the cash deposit paid by Party B is taken out in a matching amount, Party B shall owe a duty of payment for all unpaid amount
and expenses of Party A and platform investors.


 


(8)       After
Party A takes out the cash deposit, paid by Party B, according to the agreement, Party B should make up the deficiency. Before
Party B makes up the cash deposit, Party A shall have the right to suspend the agreement performance for the time being, and stop
to release Party B’s creditor’s rights project subject at the platform.


 


II.
Basic requirements for assignment of debts


 


1.
The following conditions should be fulfilled
for all creditors’ rights mentioned in the assignment of debts of the Agreement:


 


(1)       Party
B shall enjoy the creditor’s rights got from normal operation according to the relevant provision;


 


(2)       The
creditor’s rights related to assignment of debts has been strictly and circumspectly assessed according to the internal
risk management system and standard;


 


(3)       The
maximal amount of assignment of debts should meet the relevant regulations about small loan business in the operation and management
regulations for small loan companies, in which the single amount of obligation loans should not exceed RMB 20 million yuan or
20% of Party B’s registered capital.


 




    	 



    	 



    

 


(4)       The
loan purpose only focuses on business and legal consumption. Its interest rate should not exceed four times of benchmark lending
interest rates of People’s Bank of China. Its loan term should not exceed 12 months. Its mode of payment should be repaid
with interest at the maturity date.


 


III.
Commitment and special agreement


 


1.
Party B hereby promises that all information provided during the period of cooperation is real and effective, and it shall engage
itself to bear warranty liability to its authenticity, and bear the compensation responsibility to all losses to Party A or platform
investors (assignee of creditor’s rights ) caused by its fault.


 


2.
Both parties hereby confirm that all electronic signatures or electronic confirmation used at “huiyingdai. com” Internet
financial services platform are real and shall produce same legal force compared with written confirmation. Both parties shall
fully perform all obligations and rights stated in electronic contracts or legal documents.


 


IV.
Risk treatment mechanism


 


1.
Party B must strictly deal with diligence investigation
to the borrower according to internal risk management system and operation procedure, and ask them to provide third-party guarantee,
deposit guarantee, security guarantee, pledge guarantee and other guarantee measures according to the borrower’s credit
status.


 


2.
In order to ensure the security of loan, Party
A shall have the right to deal with diligence investigation to the credit assets transferred by Party B, or authorize a third
party to investigate the credit assets transferred by Party B.


 


3.
If Party B fails to repurchase creditor’s
rights according to the regulations or has other event of default when creditor’s rights project expires, Party A shall
have the right to ask Party B to perform its repurchase obligation of creditor’s rights, pay compensation trade, compensate
economic losses (including but not limited to capital losses). Party B and Party C shall bear all the expenses caused hereby including
attorney fees, travel expenses, valuation fees, auction fees, litigation expenses, and so on.


 




    	 



    	 



    

 


V.
Collection of service charge


 


1.
Party A shall provide financial consult and intermediate
service to Party B, therefore, Party B should pay intermediate service charge and account management fees according to the project
loan term.


 


The
collection standard as follows: 1.5% of the loan shall be charged for once loan if the loan term is within one month (including
one month). 2% of the loan shall be charged for once loan if the loan term is within 2-3 months (including 3 months). 3% of the
loan shall be charged for once loan if the loan term is more than 3 months. 0.3% of the loan shall be charged for account management
fees.


 


2.
The intermediary service fee should be charged
by Party A for one time after the project platform of creditor’s rights is transferred, and the account management fee should
be charged for one time by Party A, when Party B repurchases its creditor’s rights.


 


3.
All above-mentioned service charges can be transferred
to Party A through third-party payment mechanism from the account of the borrower.


 


VI.
Information protection and use


 


1.
Both parties shall have the liability to keep
secret to all customers’ information during the cooperation performance process, and should not use and leak customer’s
information without customer’s authorization.


 


2.
Party A can rationally use and release customer’s
information under the scope of Use and Service Term at huiyingdai. com after it gets the permission from Party B and its
customer.


 


3.
Party B must not illegally use the information
got from Party A’s “huiyingdai. com” Internet financial services platform, or set a similar platform and system
without Party A’s permission.


 




    	 



    	 



    

 


VII.
Responsibility for default


 


1.
Both parties should strictly abide by the appointments
of the Agreement and its attachment, and shall bear the responsibility for default if any party breaks its promise.


 


2.
If the false information material, provided by
Party B, breaks a promise, which makes the loan of creditor’s rights project void, Party B should not only compensate for
the losses of investors of the platform (the assignee of creditor’s rights) and Party A by convention, but also pay 30%
of the total loan amount as cash deposit.


 


3.
If Party B fails to fulfill its cautious investigation obligation to the creditor’s rights project borrower and causes some
losses to the investors of platform (the assignee of creditor’s rights) and Party A, Party B should compensate for the losses
and pay 10% of the loan amount as penalty. If the above default occurs twice, Party A shall have the right to terminate the Agreement
unilaterally.


 


4.
If one of both parties violates the confidentiality agreement, the default party should pay one million yuan to the observant
party. If the loss arising from default exceeds the cash deposit, the default party should compensate the loss, while the observant
party shall have the right to terminate the Agreement.


 


5.
If Party B breaks other agreement and causes
some losses to Party A, it should pay one million yuan to Party A while should compensate Party A’s losses.


 


6.
If Party A breaks the Agreement and causes some
losses to Party B, it should pay one million yuan to Party B while should compensate Party B’s losses.


 


7.
The losses referred to in the Agreement, include
but not limited to the service charge of creditor’s rights project, principal and interests, penalty, and attorney fees,
travel expenses, valuation fees, auction fees, litigation costs, and so on caused by advocating rights.


 




    	 



    	 



    

 


VIII.
Termination of the Agreement


 


1.
The Agreement can be terminated after multiple
negotiations by both parties. Otherwise, any party should not terminate the Agreement arbitrarily, except otherwise agreed by
both parties. If the Agreement is terminated arbitrarily, the default party should pay one million yuan as cash deposit
for the observant party.


 


2.
If Party B loses the financial services qualification
for small loan, or its company has been cancelled, revoked, bankrupted or dissolved, the Agreement shall be deactivated automatically,
and its odds and ends shall be solved by Party B’s shareholder or corresponding obligee and Party A through negotiation.


 


3.
If the Agreement is terminated, Party B should
continue to perform the project, which has been concluded without completion during the period of the Agreement performance, and
it is applicable to the convention related to default and risk treatment mechanism of the Agreement.


 


IX.
Others


 


1.
Both parties hereby confirm that their respective
delivery address and contact persons are as follows


 


Party
A: Benefactum Alliance Business Consultant (Beijing) Co., Ltd. (hereinafter referred to as “Benefactum Alliance Business.”)


 


Address:


Contact(s):


Telephone:


E-mail
address:


 


Party
B: Yinxin Small Loan Co., Ltd. in Fangzi District of Weifang City (hereinafter referred to as “Yinxin Small Loan”)


 


Address:


 


Contact(s):


Telephone:


E-mail
address:


 




    	 



    	 



    

 


1.
Both parties hereby promise that, if there is
any modification to the information, including residence, contact address and so on, should be noticed to the other party in written
form on time, otherwise, all issues related to the rejection or return of sending files to the above address shall be seen as
delivery.


 


2.
All disputes arising from the performance of
the Agreement shall be settled through friendly negotiations. If no agreement is reached through consultation, they may submit
to the people’s court.


 


3.
For issues not stipulated in this Agreement,
both parties may sign a supplement agreement after separate negotiation.


 


4.
This Agreement is made in duplicate, which shall
go into effect since the date of Party A and Party B signing and sealing the Agreement. Each Party shall have one set of the original
version. Both versions are equally valid. 


 


Party
A: Benefactum Alliance Business Consultant (Beijing) Co., Ltd.


Benefactum
Alliance Business Consultant (Beijing) Co., Ltd. (seal)


 


Legal
Representative or Authorized Person: (Signature)


 


 


 








October
30, 2015


 


Party
B: Yinxin Small Loan Co., Ltd. in Fangzi District of Weifang City


Yinxin
Small Loan Co., Ltd. in Fangzi District of Weifang City (seal)


 


 





 


Legal
Representative or Authorized Person: (Signature)


October
30, 2015