Exhibit 10.1


 


Beijing REIT Technology Development Co.,
Ltd.


 


Special Statement on Signing the Labor
Contract


 


In order to ensure
the legal, effective and smooth performance of the Labor Contract signed by the Company with each employee, and fully protect
and exercise the rights and interests of both Parties, the Company hereby declares as follows:


 


		1.	Before signing the Labor
Contract with the Company, the employee shall terminate/dismiss the labor relationship with the original labor relationship
unit. The employee shall provide the certificate of separation issued by the original employer, otherwise the employee shall be
solely responsible for the labor dispute and controversy arising from the double labor relationship.



 


		2.	The Company will comply with the provisions of the
national laws and regulations as well as the Labor Contract Law of the People’s Republic
of China to perform the contract with the employee. In the process of any labor law issues arising in this process,
the employee is required to consult with the Company’s Human Resources Administrative Office in a timely manner, and the
Human Resources Administrative Office is responsible for consulting and helping employees seek solution through negotiation.



 


		3.	The text of the Labor
Contract is confidential personnel information of the Company. The employee shall keep the Labor
Contract in good condition, and the employee is obliged to keep confidential the terms of the Labor
Contract with regard to his/her own interests such as salary, subsidy, special agreement clause, etc. In case of the
disclosure of the aforesaid provisions caused by the employee’s personal behavior and the adverse consequences thereof,
the Company will treat it as serious violation of discipline until the labor relationship is terminated.



 


		4.	Before signing the Labor
Contract with the Company, the employee shall carefully read all the contents of the provisions of the Labor
Contract, Company’s rules and regulations mentioned in the Contract and all contents in annexes of the Contract,
Labor Contract could be signed with the Company upon all the contents have been confirmed



 





 



 


I have carefully
read the Company’s Special Statement on Signing the Labor Contract, understand its content and undertake to fulfill
all the terms herein.


 


	 	Promiser (Signature): /s/ Xingchun Wang
	 	 
	 	Date: November 19, 2019


 




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According to the
Labor Law of the People’s Republic of China, the Labor Contract Law of the People’s Republic of China
as well as relevant laws and regulations, Party A and Party B shall sign this Contract on an equal, voluntary and consensus basis,
and they shall abide by the terms set out in this Contract.


 


I. Basic Information of Parties to
Labor Contract


 


Article 1 Party A Beijing REIT
Technology Development Co., Ltd.


 


Legal Representative Li Hengfang


 


Address Room 702, Block X, Runfeng Deshang,
No. 60 Anli Road, Chaoyang District, Beijing


  


Article
2 Party B: Xingchun Wang


 


Gender Male 


 


II. Term of Labor Contract


 


Article 3 This
Contract is a fixed-term labor contract.


 




This Contract will take effect on November 19, 2019 (date), and the probation period therein lasts until
________ (date) (in case of excellent work performance, employee may apply for regularization. For details, please refer to the
Approval Form for Employee Regularization).


 


This Contract shall
terminate on November 10, 2022 (date).


 


III. Work Content


 


Article
4 Party B agrees to take the position of CFO (type of work) according
to the needs of Party A.


 


Article 5 Party
B agrees to perform his/her duties in accordance with the Description of Position formulated by Party A and meet the requirements
for job responsibilities. Party A may adjust Party B’s work department, job position (including awaiting job assignment in
the Company) and work place according to the needs of operation and work.


 


IV. Working Hours and Rest Days


 


Article 6 Party
A shall arrange for Party B to implement the regular working hour system.


 






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Under the regular
working hour system, Party A shall arrange Party B’s daily working hours no more than eight hours and average weekly working
hours no more than forty hours. According to the needs of work, Party B shall obey Party A’s working time arrangement.


 


Under the irregular
working hour system, Party B’s work and rest time shall be arranged upon negotiation by both Parties, provided that the completion
of Party A’s work tasks is ensured.


 


Article 7 Party
A’s vacation system for Party B shall be implemented in accordance with the relevant provisions of Party A’s
management system.


 


V. Labor Remuneration


 


Article
8 Party A shall pay Party B’s salary for the previous month in the form of currency before the thirteenth day
of each month, and the monthly salary shall be RMB: 20000_____ or shall
be implemented in accordance with the relevant salary management provisions of Party A. The salary of employee may be
adjusted due to Party B’s operating conditions or the adjustment to Party B’s work performance, tile, position
and level.


 


Party B’s salary
during the probation period is 80% of the regular work salary RMB Nothing.


 


In accordance with
the national policy, Party A will withhold and pay the individual contribution to the social insurance of Party B and the personal
income tax out of the actual payment of wages of Party B on his or her behalf.


 


Other covenants between
Party A and Party B with regard to wages Nothing.


 


Article
9 If Party A’s production tasks are insufficient to enable Party B to wait for task assignment, Party A shall
pay Party B’s monthly living expenses at the amount of RMB Nothing or according
to the Beijing minimum wage standard.


 


VI. Social Insurance and Other Benefits


 


Article 10
Both Party A and Party B shall maintain social insurance in accordance with the regulations of the State and Beijing Municipality.
Party A shall handle the relevant social insurance procedures for Party B and assume the corresponding social insurance obligations.


 


Article 11
The medical treatment of Party B’s disease or non-work-related injuries shall be implemented in accordance with the relevant
regulations of the State and Beijing Municipality. Party A shall pay Party B’s sick pay in accordance with the relevant provisions
of the Company’s management system.


 


Article 12 The
treatment of Party B suffering from occupational diseases or injuries caused by work shall be implemented in accordance with the
relevant regulations of the State and Beijing Municipality.


 


Article 13
The welfare benefits provided by Party A for Party B shall be implemented in accordance with the relevant provisions of Party
A’s management system.


 






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VII. Labor Protection, Working Conditions
and Occupational Hazard Protection


 


Article 14
Party A shall provide Party B with necessary safety protection measures and distribute necessary labor protection articles in accordance
with the demands of production posts and in accordance with the state regulations on labor safety and health.


 


Article 15
Party A shall establish the safe production system in accordance with relevant state laws and regulations; Party B shall strictly
abide by Party A’s labor safety system, strictly prohibit illegal operations, prevent accidents during labor process and
reduce occupational hazards.


 


VIII. Labor Discipline


 


Article 16
Party B shall comply with Party A’s rules and regulations (including but not limited to the Management System, the
Management Measures for the Block Equipment Marketing and Sales and related management methods); strictly abide by labor
safety and health, production processes, operational procedures and work specifications; protect the properties of Party A, safeguard
Party A’s interests and image, observe professional ethics; actively participate in the training organized by Party A, and
improve ideological awareness and professional skills.


 


If Party A modifies
the contents of the aforesaid documents or formulates new rules and regulations or specifications, the revised documents or new
rules and regulations shall be deemed to have been delivered to Party B upon they have been released, and Party B shall comply
with and implement them.


 


Article 17
If Party B violates Party A’s rules and regulations and labor discipline and thus causes economic losses to Party A, Party
A shall have the right to handle according to the rules and regulations until the Contract is terminated. (See the Management
System, etc. for penalty clause)


 


Article 18 Party
B shall not reveal or disclose to any person the trade secrets and other confidential materials obtained during the employment
with Party A. (For details of this restriction, please refer to the Non-disclosure Agreement)


 


Article 19
Without the written approval of Party A, Party B is strictly forbidden to work part-time with an enterprise of the same type or
engage in a second occupation related to his or her own work.


 


IX. Change, Dissolution or Termination
of Labor Contract


 


Article 20 If
the objective situation on which the signing of the Contract is based has changed significantly, and thus the Contract cannot be
performed, the relevant contents of the Contract may be changed with the consent of both Parties upon negotiation.


 


Article 21 When
dissolving, terminating or renewing the labor contract, Party A and Party B shall act in accordance with the Labor Contract
Law of the People’s Republic of China and the relevant regulations of the State and Beijing Municipality.


 






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X. Contents Agreed by the Parties


 


Article 22
Upon reaching a consensus by Parties through negotiation, the following terms have been entered into:


 


1. Training fee:
Party B shall sign the Training Agreement with Party A for all kinds of training courses funded by Party A. If the service
period set out in the Training Agreement exceeds the termination date of the Labor Contract, the termination date
of Party B’s Labor Contract will be extended according to the service period set out in the Training Agreement.
If Party B terminates the Labor Contract in advance, it shall compensate Party A for the training fee according to the amount
as agreed in the Training Agreement.


 


Other contents
agreed by the Parties  Nothing 


 


XI. Settlement of Labor Disputes and
Others


 


Article 23 If
a dispute arises between the Parties due to the performance of this Contract, the parties may apply to the labor dispute mediation
committee of Party A for mediation; if the mediation fails, they may apply to the labor dispute arbitration committee for arbitration.


 


Either party may also
apply directly to the labor dispute arbitration committee for arbitration.


 


Article 24 Party
A’s Non-Disclosure Agreement, Employee Manual and Management System are attached to this Contract as
Annexes and have legal effect with this Contract.


 


Other Annexes to this
Contract are as follows Nothing 


  


Article 25 In
case of any matter not covered by this Contract or in case of any inconsistency with the relevant regulations of the State and
Beijing Municipality in the future, the implementations shall be made in accordance with relevant regulations.


 


Article 26 This
Contract is made out in duplicate with each of Party A and Party B keeping one copy respectively.


 


	Party A (Official Seal)	Party B (Signature or Seal): /s/ Xingchun Wang



 


Legal Representative (Main Person in Charge)
or Entrusted Agent


 


(Signature or Seal)


 


Date of Signing: November
19, 2019


 






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Labor Contract Renewal


 




The labor contract
to renewed is ________ term contract, and the effective date of the renewal contract is ____________ (date). The
renewal contract shall be terminated on ____________ (date).


 


	Party A (Official Seal)	Party B (Signature or Seal)


 


Legal Representative (Main Person
in Charge) or Entrusted Agent


 


(Signature or Seal)


 


Date:





 



The labor contract
to renewed is ________ term contract, and the effective date of the renewal contract is ____________ (date). The
renewal contract shall be terminated on ____________ (date).


 


	Party A (Official Seal)	Party B (Signature or Seal)


 


Legal Representative (Main Person
in Charge) or Entrusted Agent


 


(Signature or Seal)


 


Date:





 




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Labor Contract Renewal


 




The labor contract
to renewed is ________ term contract, and the effective date of the renewal contract is ____________ (date). The
renewal contract shall be terminated on ____________ (date).


 


	Party A (Official Seal)	Party B (Signature or Seal)


 


Legal Representative (Main Person
in Charge) or Entrusted Agent


 


(Signature or Seal)


 


Date:





  




The labor contract
to renewed is ________ term contract, and the effective date of the renewal contract is ____________ (date). The
renewal contract shall be terminated on ____________ (date).


 


	Party A (Official Seal)	Party B (Signature or Seal)


 


Legal Representative (Main Person
in Charge) or Entrusted Agent


 


(Signature or Seal)


 


Date:





 




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Amendment to Labor Contract


 




After reaching a consensus
through negotiation between the Parties, the following amendment is made to this Contract:


 


	Party A (Seal)	Party B (Signature)


 


Legal Representative (Main Person
in Charge) or Entrusted Agent


 


(Signature or Seal)


 


Date:





 




After reaching a consensus
through negotiation between the Parties, the following amendment is made to this Contract:


 


	Party A (Seal)	Party B (Signature)


 


Legal Representative (Main Person
in Charge) or Entrusted Agent


 


(Signature or Seal)


 


Date:





 




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Description
of Position


 


1. To comprehensively
plan the Company’s financial management strategy and formulate the Company’s financial planning program.


 


2. To take full
charge of the operation and management of the financial system in accordance with the requirements of the enterprise’s strategic
development plan.


 


3. To develop,
revise and improve the financial organization system in a timely manner with reasonable enterprise resources and costs, and guide
the effective division of responsibilities and efficient collaboration of subordinate employees.


 


4. To be responsible
for taking charge of the budget preparation and supervising its implementation.


 


5. To be responsible
for the Company’s investment and fundraising, etc. and responsible for submitting feasibility plans to the Company.


 


6. To be responsible
for organizing the implementation of internal audits and coordinating with external audits


 


7. To be responsible
for research on fiscal and taxation policies and regulations, regularly providing financial and tax information reports and special
research reports; analyzing the economic environment of enterprise, providing financial and tax consulting, and planning financial
and tax solutions.


 


8. To take charge
of the research, design and submission for review of financial systems within the scope of financial accounting policies and functions.


 


9. To establish
an early warning and prevention system for financial risks; and ensure the avoidance of financial risks such as capital security
risks and tax risks.


 


10. To provide
advices to senior decision-makers on financial management and financial accounting, etc., and make efforts to improve the Company’s
profitability.


 


11. To implement
the Company’s budget management and cost control systems and procedures and save various office expenses of the department.


 


 


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