EXHIBIT 4.17


 


Contract
No.                  


 


Beijing
House Lease Contract


 





Lessor:
Beijing Dingqiao Property Management Co., Ltd 


 


Lessee:
Beijing Infobird Software Co. Ltd 





 


Beijing
Construction Committee


 


Beijing
Administration for Industry and Commerce


 






    1


     


    

 


Beijing
House Lease Contract


 


Lessor(Party
A): Beijing Dingqiao Property Management Co., Ltd 


 


ID
No. : 91110105582583794F 


 


Lessee(Party
B): Beijing Infobird Software Co. Ltd 


 


ID
No. : 911101086003780319 


 


According
to the “Contract Law of the People’s Republic of China” and relevant laws and regulations, both parties A and B signed
this contract for Party A to rent the house to Party B for use, in order to clarify the relationship between the rights and obligations
of the two parties, on the basis of equality and voluntariness through friendly consultation between the two parties.


 


1.
Basic situation of the house:


 





1.1 The house located in A12A03B, 13th floor of
Building 2, Building 1, No. 1, Lize Zhongyi Road, Chaoyang District, Beijing. The construction area of the leased area is 233.48
square meters.


 


2. House leasing and registration


 


2.1 The leased area is used for office purposes.
The company name is Beijing Infobird Software Co. Ltd.


 


3. Lease term


 


3.1 The rent-free period is starting from April
27, 2021 to May 31, 2021. The lease period is from June 1, 2021 to May 31, 2023, and the lease period is 2
years.

 


3.2
At the end of the lease period, Party A has the right to recover all the rented houses. Party B shall keep the house equipment and the
auxiliary equipment at the time of delivery of the house intact and return it to Party A. Part A and Part B shall examine The Premises
( including all the furniture, fittings and equipment listed in Appendix I) together, and shall pay all the fees as stated in The Agreement.


 


3.3
After the lease term expires, if Party B needs to renew the lease, it should submit a written application to Party A 60 days before
the expiry of the lease term of the contract.


 


4.
Rent and deposit


 


4.1
Rent: The monthly rent is 42,887.5 yuan. The rent includes the property fee and heating fee. The tax on the invoice for the rent is not
included.


 






    2


     


    

 


Payment
method: The deposit is two months and the rent is paid in advance for three months. Payment date:April
30,2021, July 30,2021, October 30,2021, Janurary 30,2022, April 30,2022, July 30,2022, October 30,2022, Janurary 30,2023.


 


4.2
The deposit is 85,77 yuan. This deposit has been paid. If the equipment and facilities are good, and Party B has settled all the
expenses incurred during the use of the house, Party A shall deposit the full amount Interest-free refund to Party B.


 


During
the lease term, the property and heating expenses of the house shall be borne by Party A, and the water and electricity expenses shall
be paid by Party B to the property in time according to the actual occurrence.


 


5.
House maintenance and repair


 


5.1
Party A shall ensure that the building structure, equipment and facilities of the leased house meet the safety conditions of construction,
consumption, public security and health, and shall not endanger personal safety; Party B guarantees to abide by the laws and regulations
of the state and Beijing and the property management regulations of the community where the house is located.


 


5.2
During the lease term, Party A and Party B shall jointly ensure that the house and its ancillary items, equipment and facilities are
in a suitable and safe state:


 


	●	For
the loss of the house and its ancillary items, equipment and facilities due to natural attributes or reasonable use, Party B shall timely
notify Party A to repair. Party A shall repair within 7 days after receiving the notice from Party B. If it is not repaired within thle
time limit, Party B can repair it on behalf of Party A, and the expenses shall be borne by Party A. If the maintenance of the house affects
Party B’s use, the rent shall be reduced or the lease term shall be extended accordingly.




 


	●	In
case of damage or failure of the house and its ancillary items, equipment and facilities due to improper storage or unreasonable
use by Party B, Party B shall be responsible for maintenance or compensation.




 


6.
Rescission of a contract


 


6.1
This contract may be terminated by consensus between Party A and Party B.


 


6.2
If the contract cannot be continued due to force majeure, the contract shall be terminated automatically.


 


6.3
Party B has the right to unilaterally terminate the contract under any of the following circumstances:


 


	●	The
delivery of the house is delayed for 7 days.




 


	● 	The
delivered house does not comply with the contract or affects the safety and health of Party B





 


	● 	Party
B fails to undertake the agreed maintenance obligations, resulting in Party B’s inability to use the house normally.




 


6.4
Party A has the right to unilaterally terminate the contract and take back the house under any of the following circumstances:


 


	●	Failing
to pay the rent for 7 days as agreed.




 


	●	Changing
the purpose of the house without authorization.




 


	●	Improper
storage or unreasonable use causes damage to ancillary items, equipment and facilities and refuses to make compensation.




 






    3


     


    

 


	●	Using
the house to engage in illegal activities, damage public interests or hinder the normal work and life of others.




 


	●	Subletting
the house to a third party without authorization.




 


	●	Party
B fails to pay the rent for more than one month as agreed in the contract.




 


7.
Liability for breach of contract


 


7.1
In case of one of the circumstances agreed in 6.3,
Party A shall pay Party B liquidated damages, 200% decoration fee and relocation fee at 20% of the monthly rent; In case of any one of
the circumstances agreed between Party B and 6.4, Party A does not need to return the deposit delivered by Party B. if the deposit is
not enough to compensate for the losses caused to Party A, Party A can recover from Party B.


 


7.2
During the lease term, if Party A needs to take back the house in advance or Party B needs to withdraw the lease in advance, it shall
notify the other party 60 days in advance and pay a penalty of 200% of the monthly rent, and Party A shall also return the corresponding
rent.


 


8.
Settlement of contract disputes


 


Disputes
arising under this contract shall be settled by the three parties through negotiation. If the negotiation fails, the people’s court
with jurisdiction in accordance with the law or apply for arbitration in accordance with the arbitration clause or arbitration agreement
reached separately.


 


9.
Additional Terms


 







  





	Party
    A (seal):	Party
    B (seal): 
	/s/
    Beijing Dingqiao Property Management Co., Ltd	/s/Beijing
    Infobird Software Co. Ltd
	 	 
	(Seal
    of Beijing Dingqiao Property Management Co., Ltd)	(seal
    of Beijing Infobird Software Co. Ltd )  
	 	 
	Party
    A authorized agent (signature):	Party
    A authorized agent (signature):


 


4