Exhibit 4.23

 

Power of Attorney

 

I, Lingjing Li, a Chinese citizen with Chinese Identification Card No.: *****, and a holder of 90% of the entire registered capital in Tianjin Linyang Information and Technology Co., Ltd. (“Tianjin Linyang”) as of the date when the Power of Attorney is executed, hereby irrevocably authorize Yi Ren Heng Ye Technology (Beijing) Co., Ltd. (“WFOE”) to exercise the following rights relating to all equity interests held by me now and in the future in Tianjin Linyang (“My Shareholding”) during the term of this Power of Attorney:

 

WFOE is hereby authorized to act on behalf of myself as my exclusive agent and attorney with respect to all matters concerning My Shareholding, including without limitation to: 1) attending shareholders’ meetings of Tianjin Linyang; 2) exercising all the shareholder’s rights and shareholder’s voting rights I am entitled to under the laws of China and Tianjin Linyang’s Articles of Association, including but not limited to the sale or transfer or pledge or disposition of My Shareholding in part or in whole; and 3) designate and appoint on behalf of myself the legal representative, the directors, supervisors, the chief executive officer and other senior management members of Tianjin Linyang.

 

Without limiting the generality of the powers granted hereunder, WFOE shall have the power and authority to, on behalf of myself, execute all the documents I shall sign as stipulated in the Exclusive Option Agreement entered into by and among me, WFOE and Tianjin Linyang on December 4, 2019 and the Equity Pledge Agreement entered into by and among me, WFOE and Tianjin Linyang on December 4, 2019 (including any modification, amendment and restatement thereto, collectively the “Transaction Documents”), and perform the terms of the Transaction Documents.

 

All the actions associated with My Shareholding conducted by WFOE shall be deemed as my own actions, and all the documents related to My Shareholding executed by WFOE shall be deemed to be executed by me.  I hereby acknowledge and ratify those actions and/or documents by WFOE.

 

WFOE is entitled to re-authorize or assign its rights related to the aforesaid matters to any other person or entity at its own discretion and without giving prior notice to me or obtaining my consent. If required by PRC laws, WFOE shall designate a PRC citizen to exercise the aforementioned rights.

 

During the period that I am a shareholder of Tianjin Linyang, this Power of Attorney shall be irrevocable and continuously effective and valid from the date of execution of this Power of Attorney.

 

During the term of this Power of Attorney, I hereby waive all the rights associated with My Shareholding, which have been authorized to WFOE through this Power of Attorney, and shall not exercise such rights by myself.

 

1











 

This Power of Attorney is written in Chinese and English.  In case of any discrepancy between the Chinese version and the English version, the Chinese version shall prevail.

 

This Power of Attorney is signed on December 4, 2019.

 

2











 

	
 
    	
Lingjing Li
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/ Lingjing Li
    


 

Accepted by

 

 

Yi Ren Heng Ye Technology Development (Beijing) Co., Ltd. (Seal)

 

	
By:
    	
/s/ Ning Tang
    	
 
    
	
Name:
    	
Ning Tang
    	
 
    
	
Title:
    	
Legal Representative
    	
 
    


 

Acknowledged by:

 

 

Tianjin Linyang Information and Technology Co., Ltd. (Seal)

 

	
By:
    	
/s/ Lingjing Li
    	
 
    
	
Name:
    	
Lingjing Li
    	
 
    
	
Title:
    	
Legal Representative
    	
 
    


 

3











 

Power of Attorney

 

I, Yang Wang, a Chinese citizen with Chinese Identification Card No.: *****, and a holder of 10% of the entire registered capital in Tianjin Linyang Information and Technology Co., Ltd. (“Tianjin Linyang”) as of the date when the Power of Attorney is executed, hereby irrevocably authorize Yi Ren Heng Ye Technology (Beijing) Co., Ltd. (“WFOE”) to exercise the following rights relating to all equity interests held by me now and in the future in Tianjin Linyang (“My Shareholding”) during the term of this Power of Attorney:

 

WFOE is hereby authorized to act on behalf of myself as my exclusive agent and attorney with respect to all matters concerning My Shareholding, including without limitation to: 1) attending shareholders’ meetings of Tianjin Linyang; 2) exercising all the shareholder’s rights and shareholder’s voting rights I am entitled to under the laws of China and Tianjin Linyang’s Articles of Association, including but not limited to the sale or transfer or pledge or disposition of My Shareholding in part or in whole; and 3) designate and appoint on behalf of myself the legal representative, the directors, supervisors, the chief executive officer and other senior management members of Tianjin Linyang.

 

Without limiting the generality of the powers granted hereunder, WFOE shall have the power and authority to, on behalf of myself, execute all the documents I shall sign as stipulated in the Exclusive Option Agreement entered into by and among me, WFOE and Tianjin Linyang on December 4, 2019 and the Equity Pledge Agreement entered into by and among me, WFOE and Tianjin Linyang on December 4, 2019 (including any modification, amendment and restatement thereto, collectively the “Transaction Documents”), and perform the terms of the Transaction Documents.

 

All the actions associated with My Shareholding conducted by WFOE shall be deemed as my own actions, and all the documents related to My Shareholding executed by WFOE shall be deemed to be executed by me.  I hereby acknowledge and ratify those actions and/or documents by WFOE.

 

WFOE is entitled to re-authorize or assign its rights related to the aforesaid matters to any other person or entity at its own discretion and without giving prior notice to me or obtaining my consent. If required by PRC laws, WFOE shall designate a PRC citizen to exercise the aforementioned rights.

 

During the period that I am a shareholder of Tianjin Linyang, this Power of Attorney shall be irrevocable and continuously effective and valid from the date of execution of this Power of Attorney.

 

During the term of this Power of Attorney, I hereby waive all the rights associated with My Shareholding, which have been authorized to WFOE through this Power of Attorney, and shall not exercise such rights by myself.

 

This Power of Attorney is written in Chinese and English.  In case of any discrepancy between the Chinese version and the English version, the Chinese version shall prevail.

 

1











 

This Power of Attorney is signed on December 4, 2019.

 

2











 

	
 
    	
Yang   Wang
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/ Yang Wang
    


 

Accepted by

 

 

Yi Ren Heng Ye Technology Development (Beijing) Co., Ltd. (Seal)

 

	
By:
    	
/s/ Ning Tang
    	
 
    
	
Name:
    	
Ning Tang
    	
 
    
	
Title:
    	
Legal Representative
    	
 
    


 

Acknowledged by:

 

Tianjin Linyang Information and Technology Co., Ltd. (Seal)

 

	
By:
    	
/s/ Lingjing Li
    	
 
    
	
Name:
    	
Lingjing Li
    	
 
    
	
Title:
    	
Legal Representative
    	
 
    


 

3