Exhibit 10.12 


 


Lease Agreement


(English Translation)


 


Lessor (Party A): Shenzhen iDreamSky
Technology Investment Management Co., Ltd.


 


Business License Registration Number or
Unified Social Credit Code:


 


Contact Address: Room 909, Xinhaiyi–Yisibo
Software Building, Nanshan District, Shenzhen City, Guangdong Province 


 


Zip Code: 518000                    Phone: _______


 


Lessee (Party B): Shenzhen Lohas Supply
Chain Management Co., Ltd. 


 


Business License Registration Number: ______


 


Contact Address: Room 201, Building
A, Qianwan 1st Road, Qianhai Shenzhen HongKong Cooperation Zone (Actual Address: 126, Building 4, Noble Holiday Garden, Nanshan
Sub-District, Nanshan District)


 


Enterprise Legal Person (Entrusted Agent):
Zhang Yanyue


 


ID Number of Enterprise Legal Person (Entrusted
Agent):


 


Contact Address: Room 818, Yisibo Software
Building, Haitian 2nd Road, S&T Park, Nanshan District, Shenzhen, Guangdong Province


 


Zip Code: 518000                    Phone: _______


 


According to the regulations of Contract
Law of the People’s Republic of China, the Law of the people’s Republic of China on the Administration of Urban Real Estate,
the Shenzhen Special Economic Zone Housing Leasing Regulations and its detailed implementation rules, and the Shenzhen
Municipal People’s Congress Standing Committee’s Decision on Strengthening the Safety of Housing Leasing, this agreement is
concluded after negotiation between Party A and Party B.


 


Article I Party A will lease
the Room 802 and Room 803, Yisibo Software Building, Haitian 2nd Road, S&T Park, Nanshan District, Shenzhen (hereinafter referred
to as the space) to Party B for use. The total number of floors in the building is 30.


 


Article II The amount per month
of the unit rent of the rental space and the equipment platform service fee is RMB ¥: 73,970 (In words: seventy-three thousand
nine hundred and seventy yuan only)


 


Article III Party B shall pay the
first-term rent (the rent from February 12 to February 28) before January 11, 2017, which is RMB 44,910 yuan (In
words: Forty four thousand nine hundred and ten yuan only).


 




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Article IV Party B shall:


 


	þ	Before the 5th day of each month (in advanced
for holidays);




 


	☐	Before the         -        
    day of the         -        month
    in each quarter:




 


	☐	Before the         -        
    day of         -        month
    in each year;




 


	☐	Before the         -        
    day of         -        month
    in each half year;




 


deliver the rent to Party A; after Party
A collects the rent, it shall issue a financial invoice to Party B.


 


(The two parties should choose the same
one of the above four methods together and fill “√” in the ☐ of the selected method)


 


Article V The period of Party B’s
leasing the space is from February 12, 2017 to November 9, 2021.


 


The period agreed in the agreement shall
not exceed the approved land use period and shall not exceed 20 years, and the excess period shall not be valid.


 


Article VI Use of rental space:
Office use. Without the written consent of Party A, Party B shall not use the rental space for other purposes.


 


Article VII Party A shall deliver
the rental space to Party B for use before February 11, 2017, and handle the delivery procedures.


 


If Party A delivers the rental space later
than the time as agreed herein, the actual delivery date shall prevail and the contract term shall be postponed accordingly.


 


Article VIII When the rental space
is being delivered, both parties shall confirm the current situation of the rental space and its ancillary facilities and ancillary
property, etc., and add it to the attached page. If there is any difference between the rented area and the measured area, the
two parties shall confirm according to the present situation and do not pursue any claim against each other.


 


Article IX When Party A is delivering
the rental space, Party B may collect from Party B a lease deposit of three-month rental amount, i.e. RMB 221,910 yuan (In
words: two hundred and twenty-one thousand nine hundred and ten yuan only). The lease deposit shall be paid to Party A within
2 working days from the date of signing the Lease Agreement; otherwise, Party A shall have the right to terminate the contract.
If the rent is increased, the lease deposit shall be increased accordingly, and the increased part shall be paid within 5 working
days from the date of rent increase.


 


Party A shall issue a receipt to Party
B when it collects the lease deposit.


 


Condition on which Party A returns lease
deposits to Party B: At termination of lease relationship, when all the following conditions are satisfied, as for the space lease
deposits and water and electricity charges deposits charged by Party A, except for the part used to offset expenses to be assumed
by Party B as agreed herein (space rents, facilities and equipment service fees, water and electricity charges, property service
fees in connection with service of the space), the remaining part shall be returned to Party B without interests within 15 working
days after Party B hands over the space which is accepted by Party A and the move-out is reflected on the registered address filed
with the industrial and commercial registration authority.


 


1. There should be no arrears of fees
due to the use of the leased real estate (including but not limited to rent, property management fees, air conditioning fees, water
and electricity, telephone network fees, etc.)


 


2. The lease term is completed fully.


 


3. There is no damage to the space facilities
and equipment. At the time of returning, the condition of the space shall be restored to the original condition as Party A first
delivers the leased real estate.


 


	☐	Only one of the above conditions shall be met.




 


	þ	All the above conditions shall be met.




 


(The two parties shall choose the same
one of the above two methods together, and fill “√” in the ☐  of the selected item)


 






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Party A may not return the deposit in any
of the following circumstances:


 


1. It does not conform to one of conditions
for returning deposits as agreed in Article IX herein.


 


Article X During the rental period,
Party B shall be responsible for paying all the taxes and space rental management fees incurred due to the rental space; paying
other expenses incurred due to the use of rental space, such as the water and electricity fee, the sanitation fee, and the space
(building) property management fee of the rented space.


 


Article XI Party A shall ensure
that the safety of the rental space and the ancillary facilities delivered comply with regulations of relevant laws, regulations
or rules.


 


Article XII Party B shall use the
rental space and the ancillary facilities reasonably, and shall not use the rental space to engage in illegal behaviors; Party
A shall not interfere or obstruct the normal and reasonable use of the rental space by Party B.


 


Article XIII While Party B’s
using the rental space, if the rental space or its ancillary facilities are damaged or malfunctioning which may hinder safe or
normal use due to the fault of Party B, Party B shall promptly notify Party A and take possible effective measures to prevent the
defect from expanding; Party A shall repair within five days after receiving the notice from Party B or directly entrust Party
B to repair on behalf of Party A; if Party B is unable to notify Party A or Party A fails to perform its maintenance obligations
within the time specified above after receiving the notice, Party B may repair it on behalf of Party A.


 


In the event of a special emergency in
which it must be repaired immediately, Party B shall firstly repair it on behalf of Party A and notify Party A of the relevant
situation in a timely manner.


 


The maintenance fees incurred under the
above two provisions (including reasonable expenses for Party B’s repair and fees incurred to prevent the expansion of defects)
shall be borne by Party A. If Party B fails to fulfill its obligations under the above two provisions and fails to notify or take
possible effective measures, and causes the loss to expand, the maintenance fees for that (expansion) part shall be borne by Party
B.


 


Article XIV If safety problem, damage
or malfunction occur or appear to the rental space or its ancillary facilities due to improper use or unreasonable use of Party
B, Party B shall be responsible for repairing or compensating and notifying Party A.


 


Article XV


 


☐      During the rental period, Party
B may sublease the rental space in whole or in part to others. However, the term of sublease shall not exceed the lease term stipulated
in this contract;


 




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	☐	During the lease period, after been approved by Party
A, Party B may go through the formalities of registration (recording) at the competent authority of the space leasing with the
written proof of Party A’s consent to sublease. However, the term of sublease shall not exceed the lease term stipulated
in this contract.



 


	þ	During the lease term, Party B shall not sublease the rental space in whole or in part to others.




 


(The two parties shall select the same
one of above three items together and fill “√” in the ☐  of the selected item)


 


Article XVI During the term of this
contract, if one of the following circumstances occurs, the contract can be released or changed without bearing the liability of
breaching the contract:


 


(I) The occurrence of force majeure has
made this contract impossible to be performed;


 


(II) The government expropriates, takes
back or dismantles the rental space;


 


(III) Party A and Party B agree by consensus.


 


Article XVII In the event of one
of the following circumstances, Party A may, in respect of the resulted losses,


 


	☐	1. Request Party B to restore the original state of the space;




 


	þ	2. Request compensation for damages from Party B;




 


	þ	3. Not refund of the deposit;




 


	☐	4. Request Party B to pay a penalty of RMB           /         
   yuan (In words:           /          yuan).




 


(The two parties shall select from the
above four methods through negotiation, but Item 3 and 4 cannot be selected at the same time; fill “√” in the corresponding
☐):


 


(I) Party B is in arrears with rent or property
management fees for more than seven days (          /         months);


 


(II) Party B’s arrears of rent and
expenses amount to more than RMB 40,000.00;


 


(III) Party B uses the rental space for
illegal activities or is investigated and shut down by government agencies of public security, industry and commerce, etc.; it
damages public interests or the interests of others;


 


(IV) Party B arbitrarily changes the structure
or use of the rental space;


 


(V) Party B violates the provisions of
Article XIV of this contract and does not assume responsibility for maintenance or pay for maintenance, causing serious damage
to the space or equipment;


 


(VI) Party B arbitrarily renovates the
rental space without the written consent of Party A and the approval of the relevant authorities;


 


(VII) Party B arbitrarily subleases the
rental space to a third party.


 




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(VIII) Party B moves out or terminates
the contract without reason.


 


(IX) Party B arbitrarily demolishes or
modifies the main structure of the rental space, resulting in damage to the space.


 


In addition to investigating Party B’s
liability for damage compensation or breach of contract, Party A has the right to propose to Party B to change the terms of the
contract or terminate the contract according to the above situations. As soon as the notice of contract termination is delivered
lawfully, Party A has the right to request unilateral termination of the contract.


 


Article XVIII In the event of one
of the following circumstances, Party B may, in respect of the resulted losses,


 


	þ	1. Request compensation for damages from Party A;




 


	þ	2. Request Party A to return the lease deposit;




 


	☐	3. Get a penalty of RMB           /         
     yuan from Party A (In words:           /         
     yuan).




 


(The two parties shall select from the
above three methods through negotiation, but Item 2 and 3 cannot be selected at the same time; fill “√” in the
corresponding ☐):


 


(I) Party A violates Article XI of this
contract and the safety of the rental space does not comply with the regulations of relevant laws, regulations or rules;


 


(II) Party A violates the Article XIII
of this contract, does not assume maintenance responsibility nor pay for maintenance fees, leaving the space a potential safety
hazard;


 


(III) Party A unilaterally requests to
release (terminate) the contract in advance without justifiable reasons.


 


In addition to investigating Party A’s
liability for damage compensation or breach of contract, Party B also has the right to propose to Party A to change the terms of
the contract or terminate the contract according to the above situations. As soon as the notice of contract termination is delivered
lawfully, Party B has the right to request unilateral termination of the contract.


 


Article XIX After the termination
of this contract, Party B shall move out and return the rental space within the same day, and ensure that the rental space and
ancillary facilities are in good condition (except for normal wear and tear), and at the same time settle all the expenses that
shall be borne by Party B and handle the relevant transfer procedures.


 


If Party B fails to move out or hand over
the rental space within the time limit, Party A has the right to recover the rental space according to the regulations of the law
or the contract, and collect the compensation equivalent to double rent from Party B for the overdue part.


 


Article XX Upon expiration of the
lease term stipulated in this contract, if Party B needs to continue renting the rental space, Party B shall propose a request
for renewal of lease to Party A three months before the expiration of the lease term; under the same conditions, Party B shall
have priority to rent the space.


 


If Party A and Party B reach an agreement
on the renewal of the lease, a new contract shall be signed.


 


Article XXI Party A and Party B
shall sign the Letter of Responsibility for the Safety Management of the Space Leasing in Shenzhen City. The rental space
provided by Party A shall meet the standards and conditions for safe use and there shall have no potential safety hazard. The construction,
fire-fighting equipment, gas facilities, power facilities, entrances and exits, and other passages of rental space shall comply
with the regulations or standards for safety production, fire protection, public security, environmental protection and sanitation
prescribed by the municipal government. Party B shall use the rental space strictly in accordance with the safety regulations,
standards for safety, fire, public security, environmental protection and sanitation prescribed by the government functional authorities,
and shall have the obligation to ensure that there is no safety hazard in the use of the rental space. Both Party A and Party B
shall voluntarily perform the terms and conditions stipulated in this contract. In case either party defaults, corresponding default
responsibilities shall be assumed as agreed herein.


 






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Article XXII Party A and Party B
may separately agree on the matters not covered in this contract in the attached page; the contents of the attached page shall
be part of the contract, and have same effect as this contract after being signed by both parties.


 


If Party A and Party B reach a change agreement
on the contents of this contract during the lease period, both parties shall sign a supplementary agreement within ten days after
the change agreement is made.


 


Article XXIII The dispute between
Party A and Party B concerning this contract shall be settled through negotiation; if the negotiation fails, it shall be submitted
to the competent authority of the space leasing for mediation; if the mediation fails, it shall:


 


	þ	Be applied to the Shenzhen Arbitration Commission for
arbitration;




 


	☐	Be applied to the China International Economic and Trade Arbitration Commission Shenzhen Branch for arbitration;




 


	☐	Be filed to the People’s Court in the place where the rental space is located for a lawsuit.




 


(The two parties shall select one of the
above dispute resolution methods through negotiation, and fill “√” in the corresponding ☐)


 


Article XXIV Party A and Party B
agree that the following communication addresses are the delivery address for the notices or documents from both parties:


 


Party A’s delivery address: Room 909,
Yisibo Software Building, Haitian 2nd Road, S&T Park, Nanshan District, Shenzhen


 


Party B’s delivery address: Room 818,
Yisibo Software Building, Haitian 2nd Road, S&T Park, Nanshan District, Shenzhen


 


If the above address is not agreed, the
communication addresses in the contract signed by both parties shall be used as the delivery addresses.


 


The delivery address shall remain valid
until the written notice of change is given. The notice or document sent by one party to the other party shall be deemed to be
served by mail at the delivery address. If the mailing document is returned by the post at the above address, the date of return
shall be deemed to be the date of service.


 


Article XXV This contract shall
be effective since the time of signing.


 


Article XXVI This contract is an
execution contract


 


Article XXVII This contract is prepared
in triplicate, Party A shall hold two copies and Party B shall hold one copy.


 




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	Party A (signature and seal): Shenzhen iDreamSky Technology Investment Management Co., Ltd.	 
	 	 
	Legal Representative: 	 
	 	 
	Entrusted agent (signature and seal):	January 9, 2017


 


Seal: Shenzhen iDreamSky Technology Investment
Management Co., Ltd.


 


	Party B (signature and seal):	 
	 	 
	Legal Representative: /s/Zhang Yanyue	 
	 	 
	Entrusted agent (signature and seal):	January 9, 2017


 


Seal: Shenzhen Lohas Supply Chain Management
Co., Ltd.


 




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Letter of Responsibility


 


for the Safety Management of the Space
Leasing in Shenzhen City


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


Printed by the Integrated Management Office
of Floating Population and Rental Housing in Shenzhen


 




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In order to implement the Decision of
the Standing Committee of Shenzhen Municipal People’s Congress on Strengthening the Responsibility for Housing Lease Safety,
further clarify the responsibility for housing lease safety, strengthen the safety management of rental housing, and ensure the
safety of people’s lives and property, this responsibility document is hereby formulated in accordance with the provisions
of relevant laws and regulations:


 


I. The Lessor and Lessee of the production
and business premises (including all kinds of commodity markets and their stalls and counters), office premises, residential spaces
and other spaces within the administrative area of this Municipality shall be responsible for the safety of rented space.


 


II. The Lessor shall have a certificate
of ownership of the space or other supporting documents as prescribed by the municipal government when renting the space. If the
owner entrusts others to rent, it shall sign a written entrustment agreement with the trustee to stipulate their respective safety
responsibilities. The sub-lessor of the space, other persons who have actual lease behavior and the space lender shall bear
the safety responsibility as the leaseholder.


 


III. The Lessor shall ensure that the buildings
and the entrances and exits, passageways, firefighting, gas and power facilities used for leasing shall comply with the provisions
of the relevant laws and regulations as well as the safety standards as prescribed by the relevant administrative authorities.
If it is stipulated by laws and regulations that relevant permits or approval documents must be obtained before leasing is allowed,
the Lessor shall obtain them.


 


IV. Where the Lessee uses the rental space
for production and business operations, the Lessor shall require the Lessee to show the relevant certificates that have gone through
the formalities of firefighting and Industrial and commercial business license or permit for opening the business.


 


V. The Lessor shall check and make a written
record of the safety use and nature of the rental space not less than once every quarter, and the Lessee shall cooperate and sign
it. If it is not possible for the Lessee to check it in person due to objective reasons, it shall entrust others to check it.


 


VI. The Lessor shall report to the comprehensive
management institution of the rental space or other relevant administrative authorities if it finds that there exist any potential
safety hazards in the rental space and that the Lessee changes the nature of the use of the space without authorization.


 


VII. The Lessee shall use the space safely
and rationally in accordance with the provisions of the laws and regulations as well as the provisions of the space lease contract,
and shall not alter the structure and nature of the space without authorization. The Lessee shall immediately notify the Lessor
if it discovers that there exist any potential safety hazards in the rental space. At the same time, it shall report to the comprehensive
management institution of the rental space or other relevant administrative authorities.


 


VIII. The Lessee shall not alter the use
function of the rental space without authorization, and it shall comply with the relevant provisions when using the rental space
to engage in hotel industry, catering, entertainment, Internet cafes, workshops and other business activities;


 


It is prohibited to use the rental space
to engage in illegal and criminal activities such as gambling, drug abuse and trafficking, prostitution and whoring, trafficking
in pornography, falsification of documents, printing of illegal publications, manufacturing and selling of fake and shoddy commodities,
harboring criminals, as well as harboring and selling of stolen goods;


 


It is forbidden to use the rental space
to engage in illegal activities such as pyramid selling or disguised pyramid selling, operation without a license, running clinics
without a license, illegal medical practice and illegal recycling of renewable resources;


 


It is prohibited to use the rental space
to engage in fraudulent activities such as unlicensed employment, matchmaking, training and real estate agents;


 


It is prohibited to use the residential
rental space to engage in the production, storage and management of inflammable, explosive, toxic, radioactive and other dangerous
goods.


 






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IX. Both parties to the lease shall assist
and cooperate with the comprehensive management institution of the rental space to truthfully provide relevant materials and information
for the safety inspection and management of the rental space.


 


X. If the Lessor or Lessee fails to perform
the safety responsibility according to law and causes personal and property damages to others, the victim may require the Lessor
or Lessee to bear the corresponding liability for compensation according to law.


 


	The Lessor (signature and seal):	 	The Lessee (signature and seal):
	 	 	 
	
        Seal: Shenzhen iDreamSky Technology Investment
        Management Co., Ltd.

         

        The Trustee and management (sign and
seal) person:
	 	
        Seal: Shenzhen Lohas Supply Chain Management
        Co., Ltd.

         

        /s/
Zhang Yanyue 

	 	 	 
	Phone: 	 	Phone:
	 	 	 
	Date: January 9, 2017	 	Date: January 9, 2017





 






    Page 10 of 12


     


    

 


 


 


Business License 


Unified social credit code: 


 


	Name 	Shenzhen iDreamSky Technology Investment Management Co., Ltd.
	 	 
	Entity type	Limited liability company 
	 	 
	Domicile 	Room 6609, Floor 6, Hangsheng Science and Technology Building, 6 South Gaoxin Road, Yuehai Sub-district, Nanshan District, Shenzhen City 
	 	 
	Legal representative	Chen Han 
	 	 
	Established on 	July 22, 2015 
	 	 
	Important notes 	
        1. The business scope of commercial subject
        shall be determined according to these Articles. Items to be approved by laws and regulations in the business scope shall be operated
        after obtaining licensing approval documents.

         

        2. Please log in the commercial subject
        credit information publicity platform (website https://www.szcredit.com.cn) or scan the QR code on the license to query related
        enterprise credit matters and annual report information and other credit information such as business license of commercial subject
        and licensing approval items.

         

        3. The commercial subject must submit the
        annual report of last year to the commercial registration authority from January 1 to June 30 every year. The commercial subject
        shall disclose information of commercial subject to the public as per Interim Regulations on Publicity of Enterprise Information.
        

	 	 
		
        Registration authority

         

        Shenzhen Market Supervision Administration

         

        Shenzhen Market Supervision Administration
        (sealed)

         

        July 22, 2015



 


Made under supervision of the State Administration
for Industry and Commerce of the People’s Republic of China


 




     


     


    

 


Supplementary Agreement I to the Lease
Contract


 


The Lessor: Shenzhen iDreamSky Technology
Investment Management Co., Ltd.             (Party A)


 


The Lessee: Shenzhen Lohas Supply Chain
Management Co., Ltd.             (Party B)


 


Upon friendly negotiation, both parties
to the lease agree that Party B will lease Party A’s property located at Room 02 and Room 03, Floor 8, Yisibo Software Building,
Haitian 2nd Road, Nanshan District, Shenzhen (hereinafter referred to as the “Space”) under the following lease conditions.
The lease purpose is for office use. The specific lease conditions are as follows:


 


I. Rental area: 569 m2


 


II. Contract term: 5-year contract, from
February 12, 2017 to November 09, 2021. The rent-free period is from January 09, 2017 to February 11, 2017.


 


III. Unit monthly rent and equipment platform
service fee: Party B shall pay Party A the monthly rent and equipment platform service fee totaling RMB ¥ 73,970 (in
words: seventy-three thousand nine hundred and seventy yuan only): The first rent (rent from February 12 to February 28)
shall be paid before January 11, 2017, totaling RMB ¥ 44,910 (in words: forty-four thousand nine hundred and
ten yuan only).


 


IV. Increment: Starting from the second
year, the monthly rent and equipment platform service fee standard will be increased by 5% per square meter from the previous year’s
rent, i.e. from February 12, 2017 to February 11, 2018 the monthly rent standard remains the same;
the total monthly rent and equipment platform service fee from February 12, 2018 to February 11, 2019
will be RMB ¥ 77,668.5 (in words: seventy-seven thousand six hundred and sixty-eight yuan and fifty cents); the total
monthly rent and equipment platform service fee from February 12, 2019 to February 11, 2020 will be
RMB ¥ 81,551.9 (in words: eighty-one thousand five hundred and fifty-one yuan and ninety cents); the total monthly rent
and equipment platform service fee from February 12, 2020 to February 11, 2021 will be RMB ¥ 85,629.55
(in words: eighty-five thousand six hundred and twenty-nine yuan and fifty-five cents); the total monthly rent and equipment platform
service fee from February 12, 2021 to September 9, 2021 will be RMB ¥ 89,910.98 (in words:
eighty-nine thousand nine hundred and ten yuan and ninety-eight cents).


 




     


     


    

 


V. Property charging standard


 


	Charge items	 	Charging standard	 	Explanation
	Property management fee of the office building	 	18 Yuan / m2 · month	 	
	air conditioning fee of the office building	 	13 Yuan / m2 · month	 	 
	Maintenance fee for central air conditioning system	 	2.4 Yuan / m2 · month	 	 
	Special maintenance fund	 	0.25 Yuan / m2 · month	 	 
	Water charge	 	RMB 5.0 Yuan/m2	 	 
	Electricity charges	 	1.33 yuan/kilowatt hour	 	 



 


1. The standard of property management
fee shall be subject to the property service agreement actually signed between Party A and the property management company. In
case of any change in the property management fee, Party B shall make corresponding changes in the payment of the property management
fee according to the price adjustment notice provided by the property management company, all of which shall be collected and paid
by Party A on behalf of Party B.


 


2. Party B shall pay the property management
fee and utilities on time every month from the delivery date of the space.


 


3. If Party B fails to pay the rental,
property management fees and water and electricity fees under the Contract, Party A and/or the property management company shall
have the right to recover the fees and overdue fine owed by Party B, and may take measures such as cutting off the water supply
and power to urge Party B for the payment. Any losses incurred thereof shall be borne by Party B itself.


 


VI. All the above-mentioned prices in this
contract are net receipts (if Party B asks for invoices, 6.12% of taxes shall be borne by Party B).


 


VII. Lease security deposit and other functions


 


Party B shall, within two working days
from the date of signing this Contract, pay to Party A the following security deposit, the rent of the first month and the equipment
usage fee:


 


1. Rental deposit (3-month rental and equipment
platform service fee): RMB ¥ 221,910 (in words: two hundred and twenty-one thousand nine hundred and ten yuan only):


 


2. The first payment of rent is RMB ¥
44,910 (rent from February 12 to February 28), (in words: forty-four thousand nine hundred and ten yuan):


 


3. Property management deposit: RMB ¥
30,726 (in words: thirty thousand seven hundred and twenty-six yuan only): (equivalent to 3 months’ management fee);


 


4. Security deposit for air conditioning:
RMB ¥ 22,191 (in words: twenty-two thousand one hundred and ninety-one yuan only): (equivalent to three months’ air
conditioning fee);


 






     


     


    

 


VIII. Rent payment: The Lessee shall pay
the rent of the current month to the Lessor before the 5th day of each month:


 


IX. Space delivery standards: Party A shall
modify the original decoration (subject to the attached drawings) and then deliver it to Party B for use. The completion standards
include ceiling, floor tile, glass door, glass partition, wooden door, air conditioning installation and fire-fighting renovation.
Party A shall deliver the space to Party B for use on Feb.11, 2017.


X. Other lease conditions:


 


1. During the lease period, Party B shall
not sublet the property for a second time. Labor disputes and economic disputes caused during the lease period have nothing to
do with the Lessor. The damage to electrical appliances or data loss caused by the short circuit of wires during the lease period
is not related to the Lessor, which shall be borne and handled by the Lessee itself. If Party B refuses to repair, Party A may
repair it on his behalf. The cost shall be borne by Party B.


 


2. It shall determine whether to renew
the lease three months before the expiration of the contract term. Under the same conditions, the Lessee shall have the priority
of the lease.


 


3. If the lessee fails to pay the rent
and service time of the equipment platform for more than seven days, the lessor has the right to unilaterally terminate the lease
contract. All items left by Party B must be removed unconditionally within three days. Otherwise, Party A has the right to dispose
of them as waste and the lessor does not make any compensation. The lessor has the right to confiscate the rental deposit and will
not refund it to the lessee. If Party A grants Party B a rent-free period and Party B terminates the lease in advance, Party B
shall pay the rent within the rent-free period to Party A according to the monthly rent standard agreed in the Contract.


 


4. Party B shall be responsible for personal
and property losses in the leased unit.


 


XI. If the Lessee defaults on the rent,
the property management fee and margin difference, it shall pay the Lessor a late fee, the amount of which shall be: the number
of days in arrears is multiplied by 3‰ of the rent. If the Lessee requires an invoice, the additional tax point fees shall
be borne by the Lessee.


 


XII. The representative of Party B shall
bear unlimited joint and several liability for the rental of the contract, the service fee of the equipment platform and any credits
and debts incurred.


 


XIII. The Lessor’s bank account number
for collecting the rent and equipment platform service fee is:


 


Bank of Deposit: Industrial and Commercial
Bank of China, Shenzhen High-tech Park South Branch


 


Account name: Shenzhen iDreamSky Technology
Investment Management Co., Ltd.


 


Account number: 


 


XIV. Supplementary agreement: Party B shall,
within 2 working days from the date of signing the Lease Agreement, let Lohas Agricultural Information Technology Co., Ltd.
pay Party A the first rent and equipment platform service fee, rental deposit, utilities deposit and management deposit on behalf
of Party A. In case of overdue payment, this agreement and the lease contract shall be automatically invalidated and the deposit
shall not be refunded.


 






     


     


    

 


XV. If the contents of the lease negotiation
and related contents of this lease contract (including but not limited to the rent price, rent-free period and other preferential
contents) are disclosed due to Party B’s reasons, Party B shall pay liquidated damages equivalent to 10% of the annual rent amount
to Party A. If the liquidated damages are not sufficient to make up for Party A’s losses, Party B shall also compensate Party A
for other losses. For other matters not covered, both parties shall negotiate separately.


 


XVI. Where the lease contract is inconsistent
with the provisions of this Supplementary Agreement, the provisions of this Supplementary Agreement shall prevail and the unmodified
terms and conditions shall be subject to those of the original lease contract.


 


Sign and seal:


 


	The Lessor: Shenzhen iDreamSky Technology Investment Management Co., Ltd.	 
	 	 
	Legal representative or authorized representative:	 
	 	January 9, 2017


 


Seal: Shenzhen iDreamSky Technology Investment
Management Co., Ltd.


 


	The Lessee: Shenzhen Lohas Supply Chain Management Co., Ltd.	 
	 	 
	Legal representative or authorized representative: /s/ Zhang Yanyue	 
	 	January 9, 2017


 


Seal: Shenzhen Lohas Supply Chain Management
Co., Ltd.