Exhibit
10.3


 


The
Warehouse Lease Contract


 


Leaser
( hereinafter Party A): Guangzhou JinPengLai Property Management Co., LTD


 


Lessee
(hereinafter Party B): Guangzhou XiaoXiang Health Industry Co., LTD


 


In
accordance with the relevant national laws, regulations and provisions, Party A and Party B have reached and entered into an agreement
based on the principle of fairness, mutual benefit and consensus through consultation and jointly abide by it:


 


	1.	Unit
    Location And Area


 


	 	1.1	Location:
    Party B leases the unit that is located on Baiyun District Guangzhou from Party A and the unit is a frame structure.
    Before signing this contract, Party B has fully understood and investigated the ownership status, business environment and
    surrounding road traffic conditions of the unit and is willing to lease it.


 


	 	1.2	Area:
    The covered area of the unit is_____________ square meters.


 


	2.	Term
    Of Lease


 


	 	2.1	The
    lease term is from April 1, 2018 to March 31, 2020.
	 	 	Rent
    Exemption from        to           
	 	 	Rent
    payment starts from April 1, 2018
	 	 	 
	 	2.2	The
    starting date of the lease is the delivery date Party B shall open business by the end of the rent exemption date. 


 


	3.	Rent
    deposit, rent, comprehensive service charge, utilities, network usage fee, etc. (all payments of this contract are calculated
    in RMB)


 


	 	3.1	Rent
    deposit: party B shall pay rent deposit to party A upon signing this contract: 19,722 RMB
	 	 	(Deposit
    will be returned without interest when both Party agree not to renew the contract when it expires. An inquiry fee must be
    paid to Party A if the rental deposit receipt is lost.)
	 	 	 
	 	3.2	Rent
    and comprehensive service fee: The rent and the comprehensive service fee according to the warehouse unit’s construction
    area. The comprehensive service fee includes public cleaning, public security, and maintenance of public equipment and facilities.


 


	Duration	 	Fee (RMB/month)	 	 	Service Fee (RMB/m)	 
	2018.4.1-2019.3.31	 	¥	6,574	 	 	 	/	 
	2019.4.1-2020.3.31	 	¥	6,903	 	 	 	/	 
	2020.4.1-2021.3.31	 	¥	6,747	 	 	 	865.2	 





 




    	 



     


    

 


	 	3.3	Electricity
    fee: Party A charges Party B’s electricity fee at 1.5 RMB / kWh. The warehouse unit has an independent electricity meter,
    and the electricity fee is calculated according to the electricity consumption and rate of charge of Administration of Power
    Supply. And the fee will be adjusted accordingly when the rate of charge changes. Electricity charges mainly include electricity
    charges for internal power consumption and pooled power consumption (including corridor lighting, security monitoring, central
    air conditioning system, TV media, electronic screens, elevators, signboard lights, and loss, etc.). The fee for internal
    power consumption is calculated based on the reads of the meter in the warehouse unit, and the pooled electricity fee is calculated
    based on the ratio of the building area of the unit to the total building area.
	 	 	 
	 	3.4	Water
    Fee: The monthly water fee of the unit is 20 RMB.
	 	 	 
	 	3.5	Internet
    fee: ______RMB per month per household .
	 	 	 
	 	3.6	The
    rent and comprehensive service fee will increase by 5% every year from the second year on the basis of the previous year.


 


	4.	Payment
    time and settlement method


 


	 	4.1	During
    the lease period, The monthly rent, comprehensive service fee, water and electricity fee, network usage fee of Party B should
    be paid at one time by 16:00 (Beijing Time) on the 5th of each month (Note: If the day is a national holiday or Sunday, Party
    B should pay in advance.) 
	 	 	 
	 	4.2	Deposit,
    rent, utilities, and general service charges shall be paid in cash or by bank transfer.


 


	5.	Rights
    and obligations of Party A


 


	 	5.1	Decoration
    standards of Party A Jin Penglai Trade City: fine decoration, independent units, monitoring system, passenger and freight
    elevators, Internet access. Party A is responsible for handing over the above warehouse unit to Party B according to the contract
    standards, and is responsible for the operation management and maintenance of the public health, public order, and public
    equipment facilities of Jin Penglai Trade City
	 	 	 
	 	5.2	Party
    A has the right to rename Jin Penglai Trade City and to change or replace the original name at any time without any compensation
    to Party B, nor shall this constitute the modification, rescission or termination of the contract.
	 	 	 
	 	5.3	The
    change of the property management company shall not affect the performance of this contract.
	 	 	 
	 	5.4	Party
    A has the right to reserve, improve, expand, increase or decrease the use, number or area of units in Jin Penglai Trade City.
    When exercising this right, Party A should minimize the inconvenience to Party B.
	 	5.5	After
    signing this contract formally and receiving the rental deposit and other payment in full from Party B, the warehouse unit
    will be delivered to Party B for use according to the agreed time.
	 	 	 
	 	5.6	Party
    A shall provide necessary assistance in the process of Party B applying for the “Business License” and other necessary
    licenses.
	 	 	 
	 	5.7	Party
    A is responsible for the daily management in the public area, shall take charges of public security, public sanitation, etc.,
    and regularly conduct safety inspections inside the warehouse to maintain the normal business order.
	 	 	 
	 	5.8	According
    to the overall business needs of the waqrehouse, Party A shall organize events of the corresponding advertising and professional
    knowledge publicity and related training, and Party B shall cover the relevant costs.


 




    	 



     


    

 


	 	5.9	Party
    A has the right to change the business purpose of the rental area, Party B should be cooperative.
	 	 	 
	 	5.10	Party
    A is responsible for completing a fire inspection.


 


	6.	Rights
    and obligations of Party B


 


	 	6.1	Party
    B has the right to use and profit from the warehouse unit , it has the right to consult with Party A for advice and the right
    to know of the warehouse unit.
	 	 	 
	 	6.2	The
    lease of the unit of Party B is limited to the commercial use of operating offices and warehouses, and it is not allowed to
    change the business type or the use of the unit without authorization, Party B must obtain the written consent of Party A
    if changing it .
	 	 	 
	 	6.3	From
    the date Party A delivers the unit, Party B may enter the site for decoration and prepare for business. If this contract is
    terminated midway or the lease expires, the decoration and fixed facilities of the unit shall not be disassembled and destroyed
    when Party B leaves.


 


	 	6.3.1	Party
    B must submit a written application to Party A before the decoration, filling in the decoration list in detail, and pay Party
    A a certain amount of decoration deposit. After the decoration of Party B is completed, the decoration deposit can only be
    refunded after qualifed acceptance
	 	 	 
	 	6.3.2	Party
B shall not modify the building structure of the unit, make partition walls in the unit, add or close doors and windows of the
unit without permission. Application in paper and restoration compensation shall be submitted before Party B set partition in
the warehouse unit. Compensation amount differs based on the level of reconstructure..
	 	 	 
	 	6.3.3	Advertisements
from Party B (which content including but no limiting to sublease or transfer the right of use) must be reviewed and approved
by Party A before publishing, and must be produced and released as required by Party A.
	 	 	 
	 	6.3.4	During
the lease, Party B must keep the property intact (including the facilities and equipment provided by Party A and the fixed facilities
installed by Party B). If it is damaged, it must be compensated at the price. Compensation according to the value will be required
in case of any damage.
	 	 	 
	 	6.3.5	During
the lease , Party B must strictly abide by the relevant laws, regulations and policies of the country, Guangdong Province, and
Guangzhou City. Distribution of counterfeit and infringement of the intellectual property rights of others shall not damage the
legitimate interests of Party A and third parties, otherwise Party B shall bear all the consequences and legal liabilities arising
therefrom.


 




    	 



     


    

 


	 	6.3.6	During
    the lease, Party B shall bear the fireproof and anti-theft responsibility of the unit, purchase property insurance, abide
    by the “Regulations on the Management of Jinpenglai Commercial City” and other relevant management systems, and
    sign “Commercial City Fire Prevention Safety Responsibility Letter” with Party A . Party B shall not occupy public
    space.
	 	 	 
	 	6.3.7	During
the lease, Party B shall be responsible for the maintenance, cleaning, repair and security of the unit. No one may be allowed
to stay overnight in the unit, and shall not cook in the unit. It is forbidden to operate or store fresh and live wet goods in
store. No flammable, explosive, toxic or hazardous substances shall be piled in the store.
	 	 	 
	 	6.3.8	Without
the prior written consent of Party A, Party B shall not transfer, transfer or sublease the unit without authorization.
	 	 	 
	 	 	Party
    B must submit a written application to Party A 30 days in advance for transference. After obtaining the consent of Party A,
    the relevant transfer procedures shall be completed in time according to the requirements of Party A. If Party B fails to
    pay all the rent and related expenses for the transfer of the unit, the unit shall not be transferred, otherwise, Party B
    shall bear all the consequences and legal liabilities arising therefrom.
	 	 	 
	 	 	If
    party B transfers the unit, party A shall not refund the rental deposit and performance bond hereunder. Party B shall not
    request Party A to return the aforementioned deposit. Party B shall transfer the deposit receipt to the transferee.Party A
    shall return deposit to the transferee after the contract expires.
	 	 	 
	 	 	When
    going through the transfer procedures, Party B shall pay Party A a handling fee of ____RMB per unit and ensure that the sublease
    acceptor shall pay Party A a contract performance bond of____ RMB as required by Party A. Otherwise, the unit shall not be
    transferred. If the transferee has not breached the contract within the lease period and the transferee does not renew the
    contract with Party A at the end of the lease period, Party A shall return all the aforementioned performance bond without
    interest within three days after the lease expires.
	 	 	 
	 	6.3.9	Party
    B shall pay the rent and other payments in full in accordance with the time stipulated in the fourth provision of this contract,
    and shall return the unit to Party A intact upon termination or termination.
	 	 	 
	 	6.3.10	Party
    B agrees to undertake the daily maintenance and costs of the leased premises within the lease term.
	 	 	 
	 	6.3.11	If
    Party B sublet or sublease with written consent of Party A, the sublease and sublease period of Party B shall not exceed the
    lease term of this contract, and Party B shall copy a sublease contract and a copy of the business license. A copy of the
    ID card is submitted to Party A for record. Party A has the right to decide to collect a certain percentage of Party B ‘s
    sublease rent based on the rental income of Party B ‘s sublease, that is, increase the rent on the basis of the contract
    rent.


 




    	 



     


    

 


	7.	Solutions
    of Default


 


	 	7.1	If
    Party B fails to start business at the end of 15 days after the rent date, Party A shall give a warning. If Party B fails
    to start business at the end of 30 days after the rent date, party b shall be deemed to have breached the contract. Party
    A shall have the right to unilaterally terminate the contract and take back the store without refund of the performance bond
	 	 	 
	 	7.2	Party
    B shall be deemed to have breached the contract if it fails to pay party a the rent, utilities and comprehensive service charges
    during the lease term. For each day overdue, Party B shall pay Party A a late fee of 2% of the monthly rental. At the same
    time, Party A shall have the right to lock up the store before Party B has paid off the above payment and overdue fine. If
    Party A takes measures to lock up the unit, Party A shall notify Party B 2 days in advanceParty A has the right to terminate
    the contract and take back the store. The performance bond is not refundable.
	 	 	 
	 	7.3	Party
    B must insist on normal business every day, and shall has no lateness, early departure, suspension of business, unmanned
    business, otherwise, a penalty of damage penalty shall be paid for each late arrival, early departure , unmanned operation
    and every suspension of business.


 


	 	7.3.1	During
    the lease period, if Party B is late, leaves early, or has unmanned business accumulatively for 3 times or more, from the
    third time onwards, each time the penalty will be deducted. At the same time, Party A has the right to take measures such
    as locking the unit on Party B until Party B pays the liquidated damages and meets Party A’s rectification requirements.
	 	 	 
	 	7.3.2	During
    the lease period, if Party B suspends business for 2 times without reason, Party A will impose a fine of the breach of contract.
    At the same time, Party A has the right to take measures such as locking the unit at Party B until Party B pays the liquidated
    damages and meets the rectification requirements of Party A.
	 	 	 
	 	7.3.3	During
the lease period, if Party B suspends business for 3 times or more for no reason, Party A has the right to withhold penalties
for breach of contract. At the same time, Party A has the right to unilaterally cancel the contract, take measures such as locking
the store and recover the store, and the deposit is not refundable.


 


	 	7.4	The
    illegal operation of Party B is deemed to be a serious breach of contract by Party B. All consequences and legal liabilities
    caused by the breach of contract shall be resolved and borne by Party B. Party A has the right to unilaterally terminate the
    contract and recover the unit simultaneously, and the performance bond is not refundable.


 




    	 



     


    

 


	 	7.5	During
    the lease term, if Party B has been advised but refuse to correct one of the following actions, Party A has the right to unilaterally
    terminate the contract and recover the unit, and the performance bond shall not be refunded.


 


	 	7.5.1	Not
    using the store in accordance with the contract.
	 	 	 
	 	7.5.2	Do
    not care for the original facilities according to the contract.
	 	 	 
	 	7.5.3	Unauthorized
    subletting, subletting or transfer of the store


 


	 	7.6	During
    the lease term, Party B violates the “Regulations on the Administration of Jin Penglai Trade City” and other relevant
    management systems of Party A. Party A has the right to deal with it. Party B shall take effective measures in time to respond
    to Party A. If the violation of the management regulations of Party B is serious and it is deemed that Party B has fundamentally
    breached the contract. Party A has the right to unilaterally terminate the contract and recover the unit, and the performance
    bond is not refundable.
	 	 	 
	 	7.7	Within
    90 days after the signing of this contract, Party B must timely handle the business license and related licenses, and operate
    with the certificate, otherwise it will be deemed that Party B has breached the contract (except for Party A ‘s reasons
    or force majeure), and Party A has the right to unilaterally terminate the contract, and Withdraw the unit, the performance
    bond will not be refunded.
	 	 	 
	 	7.8	If
    Party B does not obtain the approval of Party A for private decoration construction, it shall pay ____ RMB to Party A as a
    penalty for breach of contract, and shall rectify according to the requirements of Party A. If the decoration does not meet
    the requirements of Party A, it shall be rectified as scheduled according to regulations. If the refusal to rectification
    or the cumulative rectification fails to meet the standard twice, it shall be deemed that Party B has fundamentally breached
    the contract. Party A shall have the right to unilaterally terminate the contract and recover the unit, and the performance
    bond shall not be refunded.
	 	 	 
	 	7.9	The
    goods of the units must be neatly arranged, not piled up at random, and do not occupy public places, block passages, otherwise,
    if found by Party A, each time the penalty for breach of contract shall be withheld or the goods confiscated. 
	 	 	 
	 	7.10	There
    is a designated smoking area in the shopping mall. Party B personnel shall not swallow in non-designated smoking areas. Otherwise,
    if found by Party A, Party B will be penalized for ______RMB.
	 	 	 
	 	7.11	If
    party a terminates this contract due to the breach of contract of Party B or other reasons attributable to Party B, Party
    B shall not refund the deposit, rental deposit and rent already paid by Party B. If the total amount of the aforementioned
    payment is not enough to make up for the loss caused by Party A, Party A shall have the right to continue to claim compensation
    from Party B.
	 	 	 
	 	7.12	If
    Party B terminates this contract due to the breach of contract of Party B or other reasons, Party A also has the right to
    take back the unit. Party A shall post the relevant store-collection notice 3 days in advance to inform Party B as the delivery
    method. If Party B fails to remove the items or inventory within the aforementioned period, Party B shall be deemed to automatically
    waive ownership of the items and inventory in the store. Party A shall have the right to dispose of it on its own.


 




    	 



     


    

 


	8.	The
    expiry of the lease


 


	 	8.1	Within
    one month before the expiration of the contract, if both parties of this contract have the intention to renew the contract,
    under the same conditions, Party B has the priority to renew the lease. Party B shall re-sign the lease contract with Party
    A within ten days before the contract expires. Otherwise, Party B shall be deemed to have given up the right to renew the
    lease, and Party A shall recover the units on the date of the contract. After Party B renounces the priority to renew the
    lease, Party A has the right to lead other interested tenants into the unit for inspection, and has the right to publish advertisements
    about renting the unit in an appropriate manner.
	 	 	 
	 	8.2	If
    both parties do not renew the contract, Party A shall take back the unit together with the original facilities, decoration
    and all ancillary facilities embedded in the structure of the building for free.
	 	 	 
	 	8.3	If
    both parties do not renew the contract at the expiration of this contract, Party A shall return the deposit (performance bond)
    to Party B without interest within 15 days after the expiration of the contract. If Party B is in arrears with rent, liquidated
    damages, compensation, utilities, comprehensive service fees, etc., Party A may be deducted from the deposit (performance
    bond) first.
	 	 	 
	 	8.4	When
    the contract is terminated, Party B shall return the doors keys and windows keys and the fixtures and other equipment to Party
    A under the condition that they are intact and available for normal use. Party A will not compensate or compensate unit decoration
    investment of Party B.
	 	 	 
	 	8.5	If
    the lease expires and the two parties have not renewed the lease, Party A has the right to clear the unit unilaterally, but
    should notify Party B 3 days in advance, including publicly posting a notice of the unit on the unit ‘s door as a delivery
    method to inform Party B. Party B shall remove all the deposits of Party B in the store within the time limit required by
    the aforementioned store receipt notice and return the store to Party A intact. If Party B fails to remove the items or inventory
    within the aforementioned period, Party B shall be deemed to automatically waive ownership of the items and inventory in the
    store. Party A shall have the right to dispose of it on its own. Party B shall not pursue any legal responsibility of Party
    A in any way or reason.


 


	9.	Notification
    and delivery


 


	 	9.1	The
    notices or documents of Party A and Party B regarding the performance of this contract and related matters should also be
    in writing in Chinese. Party A and Party B agree to use the unit as the only address for Party B to accept Party A ‘s
    notification or document information from this contract. Party B If you need to change the aforementioned address, you should
    notify Party A in writing within 3 days after the change, otherwise, Party B will bear all the adverse consequences arising
    therefrom. 
	 	 	 
	 	9.2	When
    Party A sends the above notice or documents to the store, Party B shall sign in time. In the event that Party B refuses to
    sign or delays signing or the store is unsigned, Party A has the right to send the above notice or document The information
    is posted on the storefront as a delivery method to inform Party B, the date of posting is regarded as the delivery date of
    Party A.


 




    	 



     


    

 


	10.	Force
    Majeure


 


	 	10.1	During
    the lease term, in case of any loss caused by force majeure , the parties shall bear their own responsibility and the contract
    may be terminated. The party who claims to terminate the contract shall provide evidence of the existence of the force majeure
    to the other party. Party B shall pay the arrears and Party A shall refund the rental deposit.


 


	11.	Dispute
    Solution


 


	 	 	If
    a dispute arises during the performance of this contract, both parties shall settle the dispute through negotiation. If the
    dispute cannot be resolved through negotiation, a lawsuit shall be filed in the people’s court where Party A is located.
    In the process of litigation, in addition to the disputed terms, other terms of this contract shall continue to be performed.





 


	12.	Other
    Provisions


 


	 	12.1	“Regulations
    for the Management of JinPenglai Trade City” and “JinPenglai Commercial City Fire Safety Responsibility”
    are important components of this contract. They are signed together with this contract, and this contract has the same legal
    validity. If corresponding amendments and supplements are made in the annex, they may take effect from the date of notification
    by Party A without consulting Party B.
	 	 	 
	 	12.2	During
    the performance of this contract, any increase, decrease or modification of the contents of this contract shall be agreed
    by both parties through consultation (except for the matters mentioned in the first provision of this contract), and the written
    supplement shall have the same legal effect as this contract.
	 	 	 
	 	12.3	This
    contract shall come into force upon being signed and sealed by both parties. This contract is made in two originals, one held
    by each party and both originals shall have the same legal effect.
	 	 	 
	 	12.4	The
    transference of the store come into force when the attached document “Sublease Records of Unit” is signed by Party
    A, Party B and Party B transferee. A copy of the original contract received by Party B is transferred to Party B transferee
    for the acceptance of the undertaking, Party B and Party A terminate the relationship of this lease contract.


 




    	 



     


    

 





	Party
    A ( sign and seal) :Guangzhou JinPengLai Property Management Co., LTD	 
	 	 
	Signature
    of the representative:	 
	 	 
	Date:	 


 


 





	Party
    B ( sign and seal) : Guangzhou XiaoXiang Health Industry Co., LTD	 
	 	 
	Signature
    of the representative:	 
	 	 
	Date: