Exhibit 10.25


 





Power of Attorney


 


The undersigned, Ratanaphon Wongnapachant, a citizen
of Thailand and a holder of 98,000 shares of interests of OBON Corporation Company Limited (the “Thai Company”) (the
 “Shareholding”), hereby irrevocably authorizes any natural person appointed by One Belt One Network Holdings Limited
(the “BVI Company”) to exercise the following rights during the Term of this Power of Attorney:


 


Any natural person appointed by the BVI Company is hereby authorized
to exercise on behalf of the undersigned as his sole and exclusive agent the rights in respect of the Shareholding including without
limitation: (1) attend shareholders’ meeting of the Thai Company and sign resolutions thereof on behalf of the undersigned;
(2) exercise all rights of the undersigned as a shareholder of the Thai Company according to laws and the articles of association
of the Thai Company, including without limitation the rights to vote and to sell, transfer, pledge, dispose all or any part of
the Shareholding, to increase the authorized shares or issue new shares of Thai Company; and (3) designate and appoint on behalf
of the undersigned the legal representative, chairperson, director, supervisor, chief executive officer and any other senior management
of the Thai Company.


 


Pursuant to the powers and authorities provided under this Power
of Attorney, any natural person appointed by the BVI Company will have the right to sign on behalf of the undersigned any transfer
agreement contemplated under the Exclusive Purchase Option Agreement to which the undersigned will be a party, and to perform the
Equity Pledge Agreement and the Exclusive Purchase Option Agreement, each of which is dated the date hereof and to which the undersigned
is a party.  Exercise of such right will not have any restriction upon this Power of Attorney.


 


Unless otherwise provided under this Power of Attorney,
any natural person appointed by the BVI Company has the right to transfer, apply or otherwise dispose any cash dividend, bonus
and any other non-cash gain arising from the Shareholding without reliance of any oral or written instruction from the undersigned.


 


Unless otherwise provided under this Power of Attorney,
any natural person appointed by the BVI Company has the right to take any action regarding the Shareholding according to his/her
own judgment without any oral or written instruction from the undersigned.


 


Any and all the actions associated with the Shareholding
made by any natural person appointed by the BVI Company will be deemed as the action of the undersigned, and any and all documents
relating to the Shareholding executed by any natural person appointed by the BVI Company shall be deemed to be executed and acknowledged
by the undersigned.


 


Any natural person appointed by the BVI Company may delegate
this power of attorney by assigning his/her rights relating to the conduct of the aforesaid matter and exercise of the Shareholding
to any other person or entity at his/her own discretion without prior notice to or consent from the undersigned.


 


This Power of Attorney is irrevocable
and effective as of the date hereof as long as the undersigned is a shareholder of the Thai Company (the “Term of this Power
of Attorney”).  This Power of Attorney supersedes any other power of attorney previously signed by the undersigned.


 


During the Term of this Power of Attorney,
the undersigned hereby waives all of the rights associated with the Shareholding which have been authorized to any natural person
appointed by the BVI Company and will not exercise any such right by himself.


 


The undersigned hereby confirms it
has signed a Power of Attorney in May 2019 (the “May Power of Attorney”) which inadvertently included a wrong shareholding
number and the undersigned hereby further confirms the May Power of Attorney shall have the full legal effect from the date when
it was signed by the undersigned until October 28, 2019 as if it has the correct shareholding number.


 


 


	By:	/s/ Ratanaphon Wongnapachant	 
	Ratanaphon Wongnapachant	 
	Dated: October 30, 2019