Exhibit 10.2


 


Share Acquisition Agreement


June 25, 2020


 


 


Party A1: Guotao Deng 


Party A2: Juan Wei 


Party B: Shanghai Jianchi Supply Chain Co.,
Ltd 


Party C: Shenzhen Huamucheng Trading Co.,
Ltd. (hereinafter referred to as "target company") 


 


Whereas:


1. Party A owns 100% equity of the target company
in total. Party A1 Guotao Deng owns 98% of the equity of the target company, and Party A2 Juan Wei owns 2% of the equity of the
target company. As of the date of signing this agreement, both shareholders of Party A have legally owned completed rights of the
company in accordance with relevant laws, regulations and the articles of the Association.   


2. Party A intends to transfer the target company
to Party B by means of equity transfer, and Party B agrees to accept the transfer. In accordance with Contract Law of the People's
Republic of China, Company Law of the People's Republic of China and other relevant laws and regulations, both parties have reached
the following agreement on the equity transfer of the target company based on the principle of equality and mutual benefit through
friendly negotiation.   


 


Article I. Ownership Structure of the Target
Company


The target company is a limited liability company,
of which the legal representative is Guotao Deng, with the registered capital of RMB 200,000. The existing shareholders of the
target company are Guotao Deng and Juan Wei. Party A 1 Guotao Deng owns 98% of the equity of the target company, and Party A2 Juan
Wei owns 2% of the equity of the target company.


 


Article II. Target of Acquisition


The target of Party B's acquisition is 100%
equity of the target company.   


 


Article III. Transfer Price


Both parties agree that party A1 Guotao Deng
will transfer 98% equity of the target company to Party B with the transfer price of RMB 5,000, and Party A2 Juan Wei will transfer
2% of the target company's equity to Party B with the transfer price of RMB 500. Transfer price refers to the purchase price of
the transferred equity and all rights of shareholders' equity, including present and potential rights and interests attached to
the transferred equity, all movable and real estate owned by the target company, tangible and intangible assets (including various
patent technologies, proprietary technologies, trademark rights, trade secrets, etc.).   


 


Article IV. Equity Transfer 


Party A shall complete the following matters:


4.1 Transfer the management right of the target
company to Party B


4.2 Actively assist and cooperate with Party
B in revising and signing the relevant documents required for the equity transfer in accordance with relevant laws, regulations
and the articles of association, and jointly handle the industrial and commercial change registration procedures of the target
company


 






    


     


    




Article V. Party A's Commitment 


In view of the following factors have an important
impact on the determination of the transfer price, party A must make the following commitment:


5.1 The equity of the target company held by
Party A does not have any other rights and defects.   


5.2 There is no guarantee in the
ownership of assets of the target company.   


5.3 The target company has not provided any
form of guarantee for any person.  


5.4 All legal procedures necessary for the transfer of equity have been performed.
  


5.5. There is no significant contingent liability.   


5.6 Ensure the stability of the production
and operation order of the target company before and after the acquisition.   


 


Article VI. Obligations of Party B 


6.1 Party B shall pay the price to Party A
in time according to Article III.   


6.2 Party B shall be responsible for urging
the target company to timely go through the approval procedures for the transfer of equity and other rights and the industrial
and commercial registration of changes.   


6.3 Party B shall timely issue relevant documents
signed or issued by Party B to complete the equity transfer.   


 


Article VII. Ownership of other rights 


All rights of Party A relating to the target
company and the actual or future interests of Party B, including the rights that exist in reality and may be realized in the future
(including but not limited to the rights that may be realized in the future in the contract signed with any third party) belong
to Party B.  


 





Article VIII. Liability for Breach of Contract


8.1 If Party A violates the promise of Article
V or has other breach of contract, or due to the reasons existing before the acquisition, and Party B is unable to achieve
the purpose of acquisition, Party A shall unconditionally refund the transfer money in full.   


8.2 In case of any other breach of contract by
Party A which causes losses to the target company or Party B, it shall bear the corresponding compensation liability.   


8.3 If Party B fails to pay the transfer payment
as agreed, it shall pay Party A liquidated damages according to the loan interest rate of the people's Bank of China for the same
period.


 






    


     


    

  





Article IX. Applicable Law and Dispute Resolution



9.1 The relevant laws and regulations of the
People's Republic of China shall apply to the conclusion, effectiveness, interpretation, performance and dispute settlement of
the agreement. If any content of this agreement conflicts with laws and regulations, the provisions of laws and regulations shall
prevail.   


9.2 Any dispute related to or caused by this
agreement shall be settled by both parties through friendly negotiation. If the dispute cannot be settled through negotiation,
a lawsuit may be brought to the people's court with jurisdiction in the place where the target company is located.   


 


Article X. Modification and Supplement of the
Agreement 


The matters not covered in this agreement shall
be agreed by the parties through a supplementary agreement. The supplementary agreement has the same legal effect as this agreement.


 


Article XI. Effectiveness of the Agreement


11.1 This Agreement shall come into force on the
date of signing by all parties.   


11.2 This agreement is made in quadruplicate, one for each party, and the others are
kept in the target company.


 





	Party A1:	 
	Juan Wei	 
	By:	/s/ Juan Wei	 



 





	Party A2:	 
	Guotao Deng	 
	By:	/s/ Guotao Deng	 









 


	Party B:	 
	Shanghai Jianchi Supply Chain Co., Ltd	 
	By:	/s/ Zhiping Chen	 
	Name:	Zhiping Chen	 
	Title:	Legal Representative	 



 





	Party C:	 
	Shenzhen Huamucheng Trading Co., Ltd.	 
	By:	/s/ Yazhou Yang	 
	Name:	Yazhou Yang	 
	Title:	Legal Representative