Exhibit 10.2


 


Guarantee Agreement


(Summary Translation)


 


This Guarantee Agreement (this “Agreement”)
was entered into by the following parties (the “Parties,” and each a “Party”) at No.808 Meeting Room No.
3 Office Building of Guizhou Province Government in Guiyang City, China on July 31, 2016:


 


Party A: Guizhou Taibang Biological Products
Co., Ltd. (“Guizhou Taibang”)


 


Party B: Guiyang Dalin Biologic Technologies
Co., Ltd. (“Guiyang Dalin”)


 


Party C: Guizhou Jie’an Company
(“Jie’an”)


 


Party D: Shenzhen  Yigong Shengda
Technology Co., Ltd. (“YGSD”)


 


Party E: Ding Sheng Xin Finance Guarantee
Co., Ltd. (“DXS”)


 


WHEREAS, Guizhou Taibang, Guizhou Dalin, Jie’an
and YGSD entered into a settlement agreement (the “Settlement Agreement”) on July 31, 2016.


 


NOW THEREFORE, in order to implement the Settlement
Agreement, the Parties, through friendly negotiation, unanimously agree to and execute this Agreement:


 


		1.	If Guizhou Taibang fails to pay
                                         the capital reduction amounts to Jie’an and YGSD within the agreed timeline under
                                         the Settlement Agreement, Guizhou Taibang shall pay to Jie’an and YGSD liquidated
                                         damages in aggregate amount of RMB80 million, equivalent to 19.27% of the total transaction
                                         amount of RMB415 million.



 


		2.	If Jie’an and YGSD fail
                                         to apply to withdraw the legal proceedings or to execute and provide necessary documents
                                         as agreed under the Settlement Agreement, which causes the failure to complete the capital
                                         reduction within two months after effectiveness of the Settlement Agreement, Jie’an
                                         and YGSD shall jointly pay Guizhou Taibang liquidated damages in aggregate amount of
                                         RMB80 million, equivalent to 19.27% of the total transaction amount of RMB415 million.



 


		3.	If Guizhou Taibang fails to complete
                                         the capital reduction within two months after effectiveness of the Settlement Agreement,
                                         Jie’an and YGSD shall return the shareholders’ loans and accrued interests
                                         to Guizhou Taibang within one month.



 


		4.	DSX agrees to be jointly liable,
                                         as guarantor, for liabilities of Jie’an and YGSD in relation to all the obligations
                                         and liabilities of Jie’an and YGSD as provided under the Settlement Agreement until
                                         such time as Jie’an and YGSD fulfill all the obligations under the Settlement Agreement.



 


		5.	This Agreement supplements the
                                         Settlement Agreement.



 


[Signature page follows]




     


     


    

 





Party A: Guizhou Taibang Biological Products
Co., Ltd. (Seal)


 


	/s/
    Yang Gang	(Authorized
    representative)


 


Party B: Guiyang Dalin Biologic Technologies
Co., Ltd. (Seal)


 


	/s/
    Yang Ming	(Authorized
    representative)


 


Party C: Guizhou Jie’an Company
(Seal)


 


	/s/
    Duan Gang	(Authorized
    representative)


 


Party D: Shenzhen Yigong Shengda
Technology Co., Ltd. (Seal)


 


	/s/
    Duan Gang	(Authorized
    representative)


 


Party E: Ding Sheng Xin Finance Guarantee
Co., Ltd. (Seal)


 


	/s/
    Guo Zhenhua	(Authorized
    representative)


 




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