Exhibit
10.17


 


Acquisition
Debt Settlement Agreement


 


	 	Party
    A :	NAN
    DU
	 	 	 
	 	ID
    No. :	411303198208060547
	 	 	 
	 	Tel
    :	18621083096
	 	 	 
	 	E-mail
    :	nancy.du@smarten-tech.com
	 	 	 
	 	Party
    B :	Harmony
    Energy Technologies Corporation
	 	 	 
	 	ATTN
    :	Nick
    Nianqing Zeng
	 	 	 
	 	Tel
    :	+1(212)602-1188
	 	 	 
	 	E-mail
    :	Nick.Zeng@HETCUSA.com


 


In
view of the Smarten Technology Equity Acquisition Agreement signed on November 6, 2019 by both parties, Party B has completed the acquisition
in August 2020. Basis on the current situation of Party B, the payment cannot be completed before August 31, 2020. For the payment of
(two million yuan), both parties A and B have reached the following agreement after friendly negotiation:


 


	 	1.	Party
    B will calculate and pay interest to Party A on a monthly basis from September 1, 2020. The monthly interest rate shall be calculated
    at 1.5% and paid before the 10th of the next month.
	 	 	 
	 	2.	Party
    B shall complete the payment of 2 million in one lump sum before March 1, 2021
	 	 	 
	 	3.	Both
    Parties A and B agreed to transfer the equity transfer and interest to the following account designated by Party A:


 


Beneficiary
account No. : 6228480435510424573


 


Beneficiary
bank :Xinwu, Wuxi Branch, The Agricultural Bank of China


 


Beneficiary
name : NAN DU


 


	 	4.	After
    this agreement be signed, if Party B fails to pay the principal and interest as scheduled, Party A will require Party B to bear the
    liability for breach of contract within the scope of Party B’s outstanding debt principal and interest.
	 	 	 
	 	5.	In
    case of any dispute arising from the performance of this agreement, the parties shall negotiate friendly. If the negotiation fails,
    they may bring a lawsuit to the people’s court where Party A is located.
	 	 	 
	 	6.	This
    agreement is in duplicate, each party to the agreement holds one copy, and it will take effect after both parties sign and seal the
    agreement.


 




    	Page 1 of 2



    	 



    

 


	Party
    A:NAN DU	 
	 	 
	X
    /s/ NAN DU	 
	 	 
	Party
    B:Harmony Energy Technologies Corporation	 
	 	 
	X
    /s/ NICK ZENG	 


 




    	Page 2 of 2



    	 



    

 


DEBT
EXTENSION AGREEMENT


 


PARTY
A: NAN DU


 


ID
No.: 411303198208060547


 


Tel:18621083096


 


E-mail:
nancy.du@smarten-tech.com


 


PARTY
A: HARMONY ENERGY TECHNOLOGIES CORPORATION


 


ATTN:
NICK ZENG


 


TEL:
+1(212) 602-1188


 


E-mail:
nick.zeng@hetcusa.com


 


1.
This agreement is the deferred repayment for the Acquisition Debt Settlement Agreement and signed by both parties on Mar 1, 2021


 


2.
Reasons for extension




 


Due
to the impact of the Covid, Party A shorts of working capital and cannot repay the loan on schedule.


 


3.
The original principal amount and interest rate and interest


 


Original
principal: RMB 2,000,000


 


Original
interest rate: 1.5% monthly interest rate,


 


Interest
accrued: RMB 360,000 in total.


 


4.
New agreement amount, extension period and interest rate Principal amount of deferred: RMB 2,000,000


 


Interest
rate: 1.5% per month


 


Unpaid
interest amount during extension period: RMB 180,000.


 


5.
Extension period: 2021.03.01-2021.8.31




 


6.
Deferred amount: RMB 2,360,000.




 


7.
During the extension period, Party A can repay all or part of the arrears in advance according to the actual situation, and the part
repaid in advance will not pay interest


 


8.
During the extension period, Party A shall take the initiative to repay the arrears. If Party A fails to repay the arrears on time, Party
B requires Party A to bear the liability for breach of contract within the scope of the principal and interest of Party A’s outstanding
creditor’s rights


 


9.
This agreement is made in duplicate, with each party holding one copy.




 


It
will come into force after being signed and sealed by both parties. Other matters not covered herein shall be decided by both parties
through negotiation.


 


	PARTY
    A : NAN DU	PARTY
    B : HARMONY ENERGY 
	 	TECHNOLOGIES CORPORATION
	 	 
	/s/
    Nan Du	/s/
    Nick Zeng


 




    	 



    	 



    

 


DEBT
EXTENSION AGREEMENT


 


PARTY
A: NAN DU


 


ID
No.: 411303198208060547


 


Tel:18621083096


 


E-mail:
nancy.du@smarten-tech.com


 


PARTY
A: HARMONY ENERGY TECHNOLOGIES CORPORATION


 


ATTN:
NICK ZENG


 


TEL:
+1(212)602-1188


 


E-mail:
nick.zeng@hetcusa.com


 


1.
This agreement is the deferred repayment agreement of the Acquisition Debt Settlement Agreement signed by both parties on August 31,
2020


 


2.
Reasons for extension




 


Due
to the impact of the Covid, Party A shorts of working capital and cannot repay the loan on schedule.


 


3.
The original principal amount and interest rate


 


Original
principal amount: RMB 2,000,000


 


Original
interest rate: 1.5% monthly interest rate,


 


Interest
accrued: RMB 180,000.


 


4.
Amount, term and interest rate of the extension


 


Principal
amount: RMB 2000000


 


Interest
rate: 1.5% per month


 


Accrued
and deferred interest: RMB 360000.


 


5.
Extension period: 2021.09.01-2022.2.28




 


6.
Expected payment at extension period end: RMB 2540000.




 


7.
During the extension period, Party A can repay all or part of the arrears in advance according to the actual situation, and the part
repaid in advance will not accrue interest


 


8.
During the extension period, Party A shall take the initiative to repay the arrears. If Party A fails to repay the arrears on time, Party
B requires Party A to bear the liability for breach of contract within the scope of the principal and interest of Party A’s outstanding
creditor’s rights


 


9.
This agreement is made in duplicate, with each party holding one copy.




 


It
will come into force after being signed and sealed by both parties. Other matters not covered herein shall be decided by both parties
through negotiation.


 


	PARTY
    A : NAN DU	PARTY
    B : HARMONY ENERGY 
	 	TECHNOLOGIES
    CORPORATION
	 	 
	/s/
    Nan Du	/s/
    Nick Zeng


 




    	 



    	 



    

 


RESIGNATION
AND DEBT SETTLEMENT AGREEMENT


 


	 	Party
    A:	NAN
    DU
	 	 	 
	 	ID
    No.:	411303198208060547
	 	 	 
	 	TEL:	18621083096
	 	 	 
	 	Party
    B:	HARMONY
    ENERGY TECHNOLOGIES CORPORATION
	 	 	 
	 	ATTN:	NICK
    ZENG
	 	 	 
	 	TEL:	+1(212)602-1188
	 	 	 
	 	Party
    C:	SMARTEN
    TECHNOLOGY CO., LTD USCC:
	 	 	 
	 	 	914403003194288778
	 	 	 
	 	ATTN:	RUI
    ZHU
	 	 	 
	 	TEL:	13928426644


 


As
of February 28, 2022, the total of the loan and interest owed by Party B to Party A used for the acquisition of Party C is RMB 2,540,000,
which includes the unpaid interest of RMB 540,000. Party C owes to Party A the total unpaid salary of RMB 293,637.88, which the unpaid
salary was occurred when Party A run the Party C before the year of 2020.


 


Party
A officially resigned from all his positions in Party C on February 18, 2022, effective from February 28. In view of the actual situation,
the three parties entered into the following agreement through friendly negotiation.


 


1.
Party B and Party C agree Party A to resign all current positions on February 28, 2022, Party C and Party A will terminate the labor
relationship between them on the date hereof, and the three parties will not pay any penalty or compensation to each other.


 


2.
Party A agrees to waive all the unpaid interest owed by Party B and will not charge interest on the loan in the future. Since March 1,
2022, the total loan owed by Party B to Party A is RMB 2,000,000, and Party A agrees that the loan is interest free and will be paid
when Party B has sufficient funds.


 


3.
Party A agrees that Party C shall suspend the payment of unpaid wages occurred before 2020 and will pay it when Party C has sufficient
funds. Party A agrees that unpaid wages shall not be subject to interest.


 


4. Party
B and Party C shall take the initiative to repay all or part of the unpaid amount within the fund available.


 


5. Without
the written consent of Party B and Party C, Party A shall not use, authorize and disseminate the business secrets and intellectual property
rights of Party B and Party C, including but not limited to business strategies, business contracts, patents, etc


 


6.
This agreement is made in triplicate, with each party holding one copy respectively. It shall come into force after being signed (sealed)
by the three parties. Other matters not covered herein shall be decided by the three parties through negotiation.


 




    	 



    	 



    

 


Resignation
and Debt Settlement Agreement


 


<The
page leave blank intentionally>


 


	Party
    A: NAN DU	Party
    B:	HARMONY
    ENERGY 
	 	 	TECHNOLOGIES
    CORPORATION
	 	 	 
	/s/Nan
    Du	 	/s/
    Nick Zeng
	 	 	 
	2022.02.18	 	2022.02.18


 


	Party
    C: SMARTEN TECHNOLOGY CO., LTD (stamp)	
	 	 
	/s/
    Rui Zhu	 
	 	 
	2022.02.18