Exhibit 10.5


 


Office Lease Contract


October 18, 2019


 


Lessor (Party A): Beijing Beikong Technology
Incubator Co., Ltd.


 


Lessee (Party B): Lianluo Connection Medical
Wearable Device Technology (Beijing) Co., Ltd.


 


Complying with the “Contract Law of
the People’s Republic of China”, “Law of the People’s Republic of China on Urban Real Estate” and other relevant
laws and regulations base on mutual equality, willingness, and consensus, both parties mutually agree to execute this contract:


 


Article 1 Lease Scope


 


Party A shall lease rooms 611, 612, 618,
and 619 on the 6th floor of Beikong Technology Building to Party B for Party B for office, R & D, and production purposes.
The total construction area is 435.65 square meters. Address: Building 2, No. 10 Baifuquan Road, Science and Technology Park, Changping
District, Beijing. Postcode: 102200


 


Article 2 Start Date and Lease Duration


 


The lease term of this lease contract is
from December 01, 2019 to November 30, 2020. The lease term is one year.


 


Article 3 Rent and payment method


 


I. Rent Standards and Amount: Party B’s
rented unit rent is RMB 1.60 per square meter per day, and property costs are RMB 0.70 per square meter per day, annual rent total
is RMB254419.60 Yuan; annual property cost is RMB111308.58 yuan. Prior deposit is RMB27827 Yuan and key deposit is 400 yuan which
is transferred to 2019. In addition, heating cost is RMB 17426 Yuan. Total first payment is 383154.18 yuan (RMB three hundred eighty-three
thousand and one hundred fifty-four yuan eighteen cents).


 






     


     


    

 


II. Payment method: One month rent as deposit
and pay twelve months rent.


 


Note: 1. The first rent and deposit of
the property shall be paid on the day when this contract is signed.


2. Billing cycle
is every 12 months.


3. Within the term of this contract, each
rent payment shall be paid in advance within five working days before the next billing cycle.


 


Article 4 Other expenses


 


I. Property Management Fee


 


Property management fees include central
air-conditioning (operating hours for A/C on working days is 8: 30-17: 00), security, cleaning, public water, public electricity,
greening and other costs.


 


II. Heating costs


 


From December 01, 2019 to November 30,
2020, hearting fee will be charged according to the Beijing Heating Company’s charging standard, and it will be paid at one time
when the first payment is made.


 


III. Electricity costs


 


Party B purchases electricity according
to actual needs (1.2 yuan / degree).


 


IV. Water fee (free of charge).


 


Article 5: Rights and obligations of both
parties


 


I. Party A’s rights and obligations


 


(1) Responsible for providing the following
services and facilities in the building: water supply and drainage, power supply, lighting, air conditioning, heating, public toilet
facilities, safety facilities and other necessary facilities, as well as the normal maintenance, maintenance and repair of the
above facilities and equipment. management. Party B’s own decoration and installation are excluded.


 


(2) Responsible for the security inside
the building and the sanitation of the public environment.


 


(3) Responsible for the management of traffic
and vehicle parking.


 


(4) Responsible for the maintenance and
management of public open space, flowers and trees, construction sketches, etc.


 


(5) After receiving Party B’s notification
that the structure or other facilities of the property he rented are damaged, Party A shall immediately organize maintenance.


 


(6) To pay the payment of real estate tax
and land tax.


 






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(7) Party A has the following rights:


 


1. Have the right to send staff to enter
the property rented by Party B for related inspection, repair or alteration works, and at the same time, Party B should be notified
in advance except for emergency situations.


 


2. After the emergency notice is issued,
Party A has the right to temporarily terminate the rented property or any facilities for maintenance in case of crisis. (Emergency
or emergency caused by force majeure factors)


3. The right to use the external walls
of the building is reserved.


 


(8) When Party B violates this contract
and Party B fails to fully compensate Party A for all losses, Party A has the right to further recover compensation and legal liabilities
from Party B according to the extent of its losses.


 


II. Rights and obligations of Party B


 


(1) Party B must strictly abide by Party
A and the formulated “User Code”, “Decoration Guide” and other regulations.


 


(2) Party B paid the rent and other expenses
payable in the prescribed manner and fulfilled its obligations stipulated in this contract. Party B can occupy and use the rented
property during the lease period.


 


(3) Party B has the right to use public
places and facilities reasonably and bear the relevant costs.


 


(4) Party B shall pay the rent, property
management fee and electricity fee on time.


 


(5) Party B shall not be entitled to claim
any reduction or exemption of fees in accordance with this contract during the term of this contract.


 


(6) Party B shall not transfer, sublet,
or otherwise rent all or part of the rented property to a third party for use or joint use of the rented property with others.


 


(7) Party B shall not erect any words,
signs or pile any articles outside the rented property or any part of the building. Hang at the designated location of the property
company. Party B shall not change the building structure and the appearance of any part of the building, nor shall it block any
windows.


 


(8) If the property rented by Party B is
damaged, Party A shall be promptly notified for repair (except for self-renovation).


 


(9) When the rented property is damaged
due to Party B’s reasons, within 15 days of receiving Party A’s maintenance notice, Party B shall perform repairs in accordance
with Party A’s requirements, and Party B shall bear the repair costs.


 






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(10) In the case of the expiration of the
lease period or the termination of the lease period in accordance with the provisions of this contract, Party B shall return the
rented property to Party A within seven days after the termination of the contract, and shall restore the leased property to Party
A. The state of delivery of the property to Party B for the first time.


 


(11) Attachment I to the contract: “Property
Acceptance Check Form”, and Table 2: “Price List of Equipment and Materials in the Room”. Party B shall strictly
abide by the terms of the contract signed by Party A and Party B during check-in and cancellation.


 


(12) If the validity period of this contract
expires, if Party B needs to continue to rent the property, it shall submit a lease renewal request to Party A three months before
the expiry date of the contract; under the same conditions, Party B has priority to lease the property. If both parties A and B
reach an agreement on lease renewal, they should sign new contract or supplemental contact.


 


Article 6: Termination


 


Party A has the right to terminate the
contract unilaterally and recover the rented property without any compensation under any of the following circumstances:


 


(1) Party B conducting illegal business
activities in violation of the laws and regulations of the People’s Republic of China.


 


(2) Party B changing the use of the rented
house without authorization.


 


(3) Party B unauthorized use of the rented
house in a name other than Party B.


 


(4) Party B failure to pay the rent, property
management fees, late fees and other fees payable in accordance with the provisions of this contract and fail to pay the payment
after one month.


 


(5) Party B sublease or rent all or part
of the rented property for use by a third party without authorization or use it jointly with a third party.


 


(6) Party B has suffered serious losses
and is unable to pay its due debts and is declared bankrupt by the people’s court.


 


2. If Party B violates the relevant obligations
or responsibilities stipulated in this contract and has not been fully corrected within ten days after Party A’s written notice-Party
A’s breach of contract as described in Article 6 (1), Party A has the right to unilaterally terminate This contract and hold legal
responsibility.


 






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3. If all or part of the contract cannot
be performed due to earthquake, typhoon, rainstorm, fire or other force majeure, the two parties do not need to bear the corresponding
liability for compensation. However, Party B must still pay all rents and other fees payable before the date of force majeure.


 


Article 7: Liability for breach of contract


 


1. Either party has breached the contract
and is liable to compensate the other party for losses. If it is the fault of both parties, both parties shall bear the responsibility
for breach of contract according to the circumstances.


 


2. The corresponding rent or other expenses
paid shall not be paid or delayed by Party B. Unless otherwise stipulated in this contract, Party B shall pay Party A a late payment
fee. The amount of the late payment fee shall be multiplied by ten thousandths of the amount due. Fives.


 


3. During the lease period, if Party B
unilaterally terminate the lease, Party B shall formally notify Party A three months in advance. Party A shall deduct Party B ’s
3 months’ house rent and property costs as liquidated damages.


 


4. Due to special reasons, Party B is temporarily
unable to pay the rent or other expenses on time. Party B should notify Party A at least seven days in advance and negotiate with
Party A to sign a deferred payment agreement.


 


5. If Party B breaches the contract, the
legal representative and shareholders promise to bear joint and several responsibilities for Party B’s company. The legal representative
and shareholders are responsible for clearing all the amounts owed in a timely manner and guarantee that they will not breach the
contract during the contract period.


 


Article 8: Exclusion of Liability


 


Party A shall not be held liable in the
following circumstances:


 


1. When Party A notifies Party B in advance,
in order to carry out the necessary maintenance work of the building, causing the public facilities to be suspended.


 


2. When Party B suffers losses due to earthquakes,
fires, floods and other natural disasters that are irresistible or sudden failures of various equipment and other accidental accidents
that cannot be ascribed to Party A.


 


3. When Party B suffers losses due to reasons
other than this contract.


 


4. When Party B suffers from theft, robbery,
personal injury, etc., it shall be resolved according to final judgement.


 






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Article 9: Settlement of Disputes


 


1. The execution, interpretation, performance
and dispute resolution of this contract shall be governed by the laws of the People’s Republic of China.


 


2. When a dispute arises between the parties
A and B related to this contract, they shall be settled through friendly negotiation or mediation. If negotiation and mediation
cannot reach an agreement, both parties may sue to court.


 


Article 10: Miscellaneous


 


1. If any provision of this contract becomes
invalid, illegal or unenforceable under any law, the validity, legality and enforceability of the remaining provisions of this
contract shall not be invalidated as a result, and the remaining provisions shall remain valid.


 


2. If both parties want to amend, add or
delete any clause of this contract, they can specify in the annex to the contract. The contents of the annex have the same effect
as this contract. Party A and Party B may separately make supplementary agreements on matters not covered in this contract. The
supplementary agreements shall have the same effect as this contract.


 


3. This contract is in duplicate, written
in Chinese, and each of the party holds one copy, both of which have the same legal effect.


 


4. This contract is effective from the
date of signing by both parties A and B.


 


(Signature page followed)


 




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Party A (seal): Beijing Beikong Technology
Incubator Co., Ltd.


Seal: Beijing Beikong Technology Incubator
Co., Ltd.


Legal representative or authorized agent
(signature): /s/Xing Xiaoyu


Contact:


Tel: 89760007


Date: October 18, 2019


 


Party B (seal): Lianluo Connection Medical
Wearable Device Technology (Beijing) Co., Ltd.


Seal: Lianluo Connection Medical Wearable
Device Technology (Beijing) Co., Ltd.


Legal representative or authorized agent
(signature):/s/ Li Xin


Contact:


Tel: **


Date: October 18, 2019


 


 


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