# EDGAR Filing Document

**Accession Number:** 0001923780
**File Stem:** 0001575872-25-000771
**Filing Date:** 2025-12
**Character Count:** 34974
**Document Hash:** cc86836651de643bacc59c267baf57f6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001575872-25-000771.hdr.sgml**: 20251223

**ACCESSION NUMBER**: 0001575872-25-000771

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 12

**CONFORMED PERIOD OF REPORT**: 20251218

**ITEM INFORMATION**: Entry into a Material Definitive Agreement

**ITEM INFORMATION**: Unregistered Sales of Equity Securities

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20251223

**DATE AS OF CHANGE**: 20251223

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Northann Corp.
- **CENTRAL INDEX KEY:** 0001923780
- **STANDARD INDUSTRIAL CLASSIFICATION:** PLASTICS PRODUCTS, NEC [3089]
- **ORGANIZATION NAME:** 08 Industrial Applications and Services
- **EIN:** 881513509
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-41816
- **FILM NUMBER:** 251596449

**BUSINESS ADDRESS:**
- **STREET 1:** 2251 CATAWBA RIVER RD
- **CITY:** FORT LAWN
- **STATE:** SC
- **ZIP:** 29714
- **BUSINESS PHONE:** 916-573-3803

**MAIL ADDRESS:**
- **STREET 1:** 2251 CATAWBA RIVER RD
- **CITY:** FORT LAWN
- **STATE:** SC
- **ZIP:** 29714

?xml version='1.0' encoding='ASCII'? Northann Corp

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 18, 2025

NORTHANN CORP. <br> (Exact name of registrant as specified in its charter)

Nevada 000-41816 88-1513509 <br> (State or Other Jurisdictionof Incorporation) (CommissionFile Number) (I.R.S. EmployerIdentification No.)

2251 Catawba River Rd

Fort Lawn, SC 29714

(Address of Principal Executive Office) (Zip Code)

(916) 573 3803

(Registrant's telephone number, including area code)

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | |
|:---|:---|
| Title of each class | Name of each exchange on which<br>registered |
| Common Stock, $0.001 par value<br> NCL | NYSE American LLC |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging Growth Company&nbsp;&nbsp;&nbsp;&nbsp;⌧

If an emerging growth company, indicate by checkmark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ◻

Item 1.01. Entry into a Material Definitive Agreement.

Financing and Strategic Planning Advisory Agreement with Linkun Investment LLC

On

December 18

, 2025, Northann Corp. (the "Company") entered into a Financing and Strategic Planning Advisory Agreement with Linkun Investment LLC ("Linkun Investment", and such agreement, the "Linkun Investment Consulting Agreement").

Pursuant to the Linkun Investment Consulting Agreement, Linkun Investment has agreed to provide certain strategic planning advisory services in connection with the Company's business development during the term of the agreement, which is six months from the date of execution of the Linkun Investment Consulting Agreement, unless otherwise earlier terminated by mutual agreement of the parties.

In consideration for agreeing to provide such strategic planning advisory services under the Linkun Investment Consulting Agreement, the Company has agreed to issue and allot 1,800,000 shares of the Company's common stock, par value $0.001 per share (the "Linkun Investment Compensation Shares") to

two individuals

designed by Linkun Investment.

P

ursuant to the Linkun Investment Consulting Agreement, the Linkun Investment Compensation Shares shall only be issued after the NYSE American approves the issuance. The issuance of the Linkun Investment Compensation Shares will be subject to the exemption from registration provided by Section 4(a)(2) of the Securities Act of 1933, as amended.

The foregoing description of the Linkun Investment Consulting Agreement does not purport to be complete, and is qualified in its entirety by reference to the Linkun Investment Consulting Agreement, filed as Exhibit 10.1 to this Current Report on Form 8-K.

Operation and Strategic Planning Advisory Agreement with Lu Wang

On

December 19

, 2025, the Company entered into an Operation and Strategic Planning Advisory Agreement with Lu Wang (such agreement, the "Lu Wang Consulting Agreement").

Pursuant to the Lu Wang Consulting Agreement, Lu Wang has agreed to provide certain strategic planning consulting services in connection with the Company's business development during the term of the agreement, which is from July 1, 2025 to June 30, 2026, unless otherwise earlier terminated by mutual agreement of the parties.

In consideration for agreeing to provide such strategic planning consulting services under the Lu Wang Consulting Agreement, the Company has agreed to issue and allot 1,500,000 shares of the Company's common stock, par value $0.001 per share (the "Lu Wang Compensation Shares") to

an individual designated by

Lu Wang.

Pursuant to the Lu Wang Consulting Agreement, the Lu Wang Compensation Shares shall only be issued after the NYSE American approves the issuance. The issuance of the Lu Wang Compensation Shares will be subject to the exemption from registration provided by Section 4(a)(2) of the Securities Act of 1933, as amended.

The foregoing description of the Lu Wang Consulting Agreement does not purport to be complete, and is qualified in its entirety by reference to the Lu Wang Consulting Agreement, filed as Exhibit 10.2 to this Current Report on Form 8-K.

Item 3.02. Unregistered Sales of Equity Securities.

The disclosures contained in Item 1.01 of this Current Report on Form 8-K is incorporated by reference in this Item 3.02.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

---

| | |
|:---|:---|
| <br>[10.1](ncl109_ex10-1.htm) | [Financing and Strategic Planning Advisory Agreement by and between the Company and Linkun Investment LLC dated December 18, 2025](ncl109_ex10-1.htm) |
| <br>[10.2](ncl109_ex10-2.htm) | [Operation and Strategic Planning Advisory Agreement by and between the Company and Lu Wang dated December 19, 2025](ncl109_ex10-2.htm) |
| 104 | Cover Page Interactive Data File (embedded with the Inline XBRL document). |

---

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | NORTHANN CORP. | NORTHANN CORP. |
| Date: December 23, 2025 | By: | /s/ Lin Li |
|  | Name: | Lin Li |
|  | Title: | Chief Executive Officer |

---

## Exhibit 10.1

Exhibit 10.1

**Financing and Strategic**

**Planning Advisory Agreement**

**Party A: Northann Corp. (NYSE American: NCL, "NCL") (the "Company")**

**Party B: Linkun Investment LLC (the "Consulting Company")**

Whereas:

Party A, due to the needs of business development, intends to implement a comprehensive strategic plan, pursuing both organic growth and growth through mergers and acquisitions. To this end, Party A plans to hire Party B as a consulting advisor to participate fully in the formulation of the relevant plan. Party B agrees, in addition to participating in the strategic planning of Party A, to assist Party A in introducing institutional investors to support the necessary funding for the strategic plan.

After friendly consultations, the parties have reached the following agreement, which is to be jointly observed and executed:

**Article 1: Scope of Entrustment and Content**

Party A entrusts Party B, and Party B accepts the entrustment, to provide Party A with the following services, including but not limited to:

1.1 Assisting the Company in planning and executing future development plans to promote the company's long-term growth and create value for shareholders.

1.2 Assisting the Company in identifying potential mergers and acquisition targets, working together with the company to map out strategic planning through M&A growth.

1.3 Planning, budgeting, and forecasting: Helping the Company to align PB&F processes across the Company for better collaboration.

1.4 Operational planning: Working with the Company to eliminate information silos in operations and finance by implementing an iterative and collaborative process

1.5 Collaborating with the Company's internal and external professional teams to strengthen corporate governance and ensure the company's operations and development comply with U.S. public company laws and regulations;

1.6 Assisting the Company in enhancing professional investment institutions' and other potential investors' recognition of the company's value, and increasing the attention and recognition from institutional investors and others toward the company.

1.7 Assisting the Company in raising capital from investors located in Hong Kong.

**Article 2: Term of Agreement**

The term of this agreement shall be six (6) months, commencing from the date on which this agreement is executed.

**Article 3: Responsibilities and Obligations of Party A**

3.1 Party A shall provide Party B with truthful, accurate, timely, and effective necessary information and materials. Party A guarantees that there are no material misstatements, omissions, or misleading information in the documents and information provided to Party B related to this agreement.

3.2 Party A shall, upon Party B's request, provide information, personnel, and other relevant cooperation during the financing process.

3.3 Party A shall pay remuneration to Party B (or have it paid by a designated payor) in accordance with the terms of this agreement.

3.4 During the term of this agreement, Party A shall not directly negotiate with or enter into a financing agreement with investors introduced by Party B without Party B's knowledge and written consent. If such a situation occurs, it will be deemed that Party B has facilitated the financing agreement between Party A and the investors, and Party A shall pay Party B remuneration as stipulated in Article 5 of this agreement.

3.5 Party A has the right to negotiate with and enter into financing agreements with investors not introduced by Party B, but must inform Party B in advance.

3.6 Without the written consent of Party B, Party A shall not disclose Party B's trade secrets obtained during the cooperation process.

3.7 When Party B recommends investors to Party A, Party A must confirm by signing and stamping the recommendation letter.

**Article 4: Responsibilities and Obligations of Party B**

4.1 Party B shall assist in market research, industry surveys, and competitive market analysis according to Party A's overall strategic plan, providing a basis for Party A's decision-making.

4.2 Party B shall assist Party A in conducting due diligence on potential acquisition targets, and design transaction structures, acquisition plans, and acquisition financing plans based on the characteristics of the projects.

4.3 Party B shall assist Party A in post-acquisition integration work to achieve synergies from the acquisitions. Party B shall recommend excellent intermediaries to Party A, including brokers, law firms, accounting firms, and asset appraisal institutions.

4.4 Party B shall, based on professional judgment, proactively select various channels to introduce Party A to suitable investors.

4.5 Party B shall undertake confidentiality obligations and sign a "Confidentiality Undertaking." Party B shall not maliciously use or disclose any of Party A's trade secrets obtained during the cooperation to third parties, except with Party A's written consent or as required by government or judicial authorities.

4.6 Party B commits not to accept any hostile business engagements against Party A and will make every effort to protect Party A's interests.

4.7 Party B shall provide the following financing services to Party A:

4.7.1 Assist Party A in drafting relevant financing materials for potential investors' reference;

4.7.2 Send financing materials to potential investors, follow up in real-time, and coordinate communication and negotiations between Party A and potential investors;

4.7.3 Accompany Party A's representatives to roadshows and assist in signing letters of intent with interested investment institutions;

4.7.4 Actively assist Party A in finalizing investment agreements with investors who have signed letters of intent;

4.7.5&nbsp;&nbsp;&nbsp;&nbsp; Other necessary services as agreed upon in writing by both Party A and Party B.

**Article 5: Conflict of Interest**

5.1 During the term of the consultancy agreement, the Company has the right to request the Consulting Company to provide services within reasonable working hours. However, the Consulting Company is not providing exclusive services to the Company and is entitled to offer corresponding services to other companies and individuals.

5.2 If the Consulting Company provides services to other individuals or entities that present a potential business conflict or contradiction with this agreement, the Consulting Company must promptly notify the Company in writing. Upon receiving such notification, the Company has the right to decide whether to continue with this consultancy agreement. If the Company does not raise any objections within seven days of receiving the notice, it shall be deemed that the Company permits the Consulting Company to engage in other business activities and consents to the Consulting Company providing services to other companies.

**Article 6: Travel Expenses**

6.1 The Consulting Company shall bear the costs of personnel, travel, accommodation, and meals incurred during the performance of due diligence and coordination of financing activities as required under this agreement.

6.2 If the Company requests the Consulting Company's assistance for any specific activities, the Company shall reimburse the Consulting Company for travel, accommodation, and meal expenses.

**Article 7: Consulting Company Authority**

Without prior written consent from the Company's Chairman or Chief Executive Officer, the Consulting Company is not authorized to sign any agreements, contracts, or letters of intent on behalf of the Company. Unless the Company issues written authorization, the Consulting Company is not entitled to represent the Company or assume any legal responsibilities on behalf of the Company.

**Article 8: Compensation**

8.1 In lieu of cash and in consideration for the Services, NCL (Party A) agrees to issue 1,800,000 common shares of NCL (the "**Compensation Shares**") to the entities designated by Party B pursuant to the list on Exhibit A to this agreement.

8.2 The Compensation Shares shall be restricted shares without any registration rights. Both parties agree that for Rule 144 purposes, the holding period of the Compensation Shares start from the end of the Term of this agreement, when Party B has provided all services under this agreement to Party A.

8.3 The Compensation Shares shall only be issued after the NYSE American approves the issuance of the Compensation Shares pursuant to this Financing and Strategic Planning Advisory Agreement.

**Article 9: Confidentiality**

9.1 The Consulting Company and its affiliates shall keep the contents of this agreement and any business secrets of the Company obtained during the service strictly confidential. Without prior written consent from the Company, the Consulting Company shall not provide or disclose the contents of this agreement or any materials and documents submitted by the Company to any third party.

9.2 The Company shall keep confidential the contents of this agreement, as well as any written reports, opinions, and non-written planning and consulting services provided by the Consulting Company. Without prior written consent from the Consulting Company, the Company shall not provide or disclose the contents of this agreement or any materials and documents submitted by the Consulting Company to any third party.

9.3 The confidentiality obligations set forth above shall remain in effect for three years after the expiration, termination, or cancellation of this agreement.

9.4 The confidentiality obligations do not apply to the following information:

9.4.1 Information in the public domain;

9.4.2 Information that becomes public knowledge without the fault of the party under confidentiality obligations;

9.4.3 Information obtained from sources other than the party under confidentiality obligations, where such sources are not subject to confidentiality obligations;

9.4.4 Information disclosed as required by law, court order, or other governmental authority.

**Article 10: Liability for Breach of Agreement**

Each party agrees and undertakes to compensate the other party for any losses suffered or related to the breach of this agreement by the breaching party, thereby indemnifying the other party against such losses. However, if this agreement contains specific provisions for calculating liquidated damages, those provisions shall apply.

**Article 11: Governing Law and Dispute Resolution**

This agreement shall be governed by and construed in accordance with the laws of the British Virgin Islands (BVI). Any disputes arising from or related to the performance of this agreement and its supplements shall be resolved through negotiation between the parties.

**Article 12: Exemption Clause**

In the event that the performance of this agreement is prevented or hindered due to unforeseeable and irresistible factors such as natural disasters, war, or significant changes in national laws or policies, the defaulting party shall not be liable for breach of contract. However, if the defaulting party fails to notify the other party within a reasonable time and provide corresponding evidence, resulting in an increase in the other party's economic losses, the defaulting party shall be liable for compensating the additional economic losses incurred by the other party.

**Article 13: Amendments, Resolution, and Termination of the Agreement**

13.1 Any matters not covered by this agreement may be determined by both parties through mutual consultation and the signing of a supplementary agreement or confirmation letter. In case of any inconsistency between the supplementary agreement or confirmation letter and this agreement, the terms of the supplementary agreement or confirmation letter shall prevail.

13.2 This agreement may be amended, rescinded, or terminated by mutual agreement of both parties.

**Article 14: Effectiveness and Miscellaneous**

14.1 This agreement is executed in two copies, with each party holding one copy, and both copies have equal legal effect.

14.2 This agreement shall come into effect from the date on which it is signed or stamped by the legal representatives of both parties and affixed with their respective official seals. This agreement may be signed electronically and is deemed as valid as a physical signature, carrying legal binding force.

14.3 This agreement supersedes any prior oral agreements, understandings, or memoranda of understanding reached by the parties concerning the entrusted matters.

14.4 If any provision of this agreement is found to be invalid due to non-compliance with laws and regulations, it shall not affect the validity of the remaining provisions. The parties may renegotiate and reach new provisions that comply with legal and regulatory requirements in accordance with the intent of the agreement.

14.5 The failure of a party to exercise any rights under this agreement should not be construed as a waiver of those rights, nor should it limit the future exercise of such rights.

14.6 The "Confidentiality Undertaking" signed as part of the performance of this agreement is an integral part of this agreement and has the same legal effect as this agreement.

Signature Page:

**Party A: Northann Corp.**

---

| | |
|:---|:---|
| Signature/Seal： | /s/ Lin Li |
| By:  | Lin Li |
| Title:  | CEO |
| Date: | December 18, 2025 |

---

**Party B: Linkun Investment LLC**

---

| | |
|:---|:---|
| Signature/Seal： | /s/ Khoo Kien Hoe |
| Date: | December 18, 2025 |

---

**Exhibit A**

Designation List

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | Name | State/Country of Incorporation | Mailing Address | Email address | No. of Shares |
| 1 | Khoo Kien Hoe | **Malaysia**<br>| 68, Lebuh Presgrave, 10668 George Town, Pulau Pinang, Malaysia | XXXXX | 1000000 |
| 2 | Mo com | **Malaysia**<br>| 11, Jalan Burma, 10294 George Town, Pulau Pinang, Malaysia | XXXXX | 800000 |
| 3 |  |  |  |  |  |
| 4 |  |  |  |  |  |
| 5 |  |  |  |  |  |
| **Total** | **Total** | **Total** | **Total** | **Total** | 1800000 |

---

## Exhibit 10.2

Exhibit 10.2

**Operation and Strategic**

**Planning Advisory Agreement**

**Party A: Northann Corp.（the "Company"）**

**Party B: Lu Wang (the "Advisor")**

Whereas:

Party A, due to the needs of business development, intends to implement a comprehensive strategic plan, pursuing both organic growth and growth through mergers and acquisitions. To this end, Party A plans to hire Party B as a consulting advisor to participate fully in the formulation of the relevant plan. Party B agrees, in addition to participating in the strategic planning of Party A, to assist Party A in introducing institutional investors to support the necessary funding for the strategic plan.

After friendly consultations, the parties have reached the following agreement, which is to be jointly observed and executed:

**Article 1: Scope of Entrustment and Content**

Party A entrusts Party B, and Party B accepts the entrustment, to provide Party A with the following services, including but not limited to:

1.1 Assisting the company in planning and executing future development plans to promote the company's long-term growth and create value for shareholders.

1.2 Assisting the Company in identifying potential mergers and acquisition targets, working together with the company to map out strategic planning through M&A growth.

1.3 Planning, budgeting, and forecasting: Helping the Company to align PB&F processes across the Company for better collaboration.

1.4 Operational planning: Working with the Company to eliminate information silos in operations and finance by implementing an iterative and collaborative process

1.5 Collaborating with the company's internal and external professional teams to strengthen corporate governance and ensure the company's operations and development comply with U.S. public company laws and regulations;

1.6 Assisting the company in enhancing professional investment institutions' and other potential investors' recognition of the company's value, and increasing the attention and recognition from institutional investors and others toward the company.

**Article 2: Term of Agreement**

The term of this agreement shall be from July 1, 2025 to June 30, 2026.

**Article 3: Responsibilities and Obligations of Party A**

3.1 Party A shall provide Party B with truthful, accurate, timely, and effective necessary information and materials. Party A guarantees that there are no material misstatements, omissions, or misleading information in the documents and information provided to Party B related to this agreement.

3.2 Party A shall, upon Party B's request, provide information, personnel, and other relevant cooperation during the financing process.

3.3 Party A shall pay remuneration to Party B (or have it paid by a designated payor) in accordance with the terms of this agreement.

3.4 During the term of this agreement, Party A shall not directly negotiate with or enter into a financing agreement with investors introduced by Party B without Party B's knowledge and written consent. If such a situation occurs, it will be deemed that Party B has facilitated the financing agreement between Party A and the investors, and Party A shall pay Party B remuneration as stipulated in Article 5 of this agreement.

3.5 Party A has the right to negotiate with and enter into financing agreements with investors not introduced by Party B, but must inform Party B in advance.

3.6 Without the written consent of Party B, Party A shall not disclose Party B's trade secrets obtained during the cooperation process.

3.7 When Party B recommends investors to Party A, Party A must confirm by signing and stamping the recommendation letter.

**Article 4: Responsibilities and Obligations of Party B**

4.1 Party B shall assist in market research, industry surveys, and competitive market analysis according to Party A's overall strategic plan, providing a basis for Party A's decision-making.

4.2 Party B shall assist Party A in conducting due diligence on potential acquisition targets, and design transaction structures, acquisition plans, and acquisition financing plans based on the characteristics of the projects.

4.3 Party B shall assist Party A in post-acquisition integration work to achieve synergies from the acquisitions. Party B shall recommend excellent intermediaries to Party A, including brokers, law firms, accounting firms, and asset appraisal institutions.

4.4 Party B shall, based on professional judgment, proactively select various channels to introduce Party A to suitable investors.

4.5 Party B shall undertake confidentiality obligations and sign a "Confidentiality Undertaking." Party B shall not maliciously use or disclose any of Party A's trade secrets obtained during the cooperation to third parties, except with Party A's written consent or as required by government or judicial authorities.

4.6 Party B commits not to accept any hostile business engagements against Party A and will make every effort to protect Party A's interests.

4.7 Party B shall provide the following financing services to Party A:

4.7.1 Assist Party A in drafting relevant financing materials for potential investors' reference;

4.7.2 Send financing materials to potential investors, follow up in real-time, and coordinate communication and negotiations between Party A and potential investors;

4.7.3 Accompany Party A's representatives to roadshows and assist in signing letters of intent with interested investment institutions;

4.7.4 Actively assist Party A in finalizing investment agreements with investors who have signed letters of intent;

4.7.5 Other necessary services as agreed upon in writing by both Party A and Party B.

**Article 5: Conflict of Interest**

5.1 During the term of the consultancy agreement, the Company has the right to request the Advisor to provide services within reasonable working hours. However, the Advisor is not providing exclusive services to the Company and is entitled to offer corresponding services to other companies and individuals.

5.2 If the Advisor provides services to other individuals or entities that present a potential business conflict or contradiction with this agreement, the Advisor must promptly notify the Company in writing. Upon receiving such notification, the Company has the right to decide whether to continue with this consultancy agreement. If the Company does not raise any objections within seven days of receiving the notice, it shall be deemed that the Company permits the Advisor to engage in other business activities and consents to the Advisor providing services to other companies.

**Article 6: Travel Expenses**

6.1 The Advisor shall bear the costs of personnel, travel, accommodation, and meals incurred during the performance of due diligence and coordination of financing activities as required under this agreement.

6.2 If the Company requests the Advisor's assistance for any specific activities, the Company shall reimburse the Advisor for travel, accommodation, and meal expenses.

**Article 7: Advisor Authority**

Without prior written consent from the Company's Chairman or Chief Executive Officer, the Advisor is not authorized to sign any agreements, contracts, or letters of intent on behalf of the Company. Unless the Company issues written authorization, the Advisor is not entitled to represent the Company or assume any legal responsibilities on behalf of the Company.

**Article 8: Compensation**

8.1 In lieu of cash and in consideration for the Services, Northann Corp agrees to issue 1,500,000 shares (NYSE AMEX: NCL) as compensation (the "**Compensation Shares**") to the individuals/entities designated by the Advisor pursuant to the list on Exhibit A to this agreement.

8.2 The Compensation Shares shall be restricted shares without any registration rights.

8.3 The Compensation Shares shall only be issued after the NYSE American approves the issuance of the Compensation Shares pursuant to this Operation and Strategic Planning Advisory Agreement.

**Article 9: Confidentiality**

9.1 The Advisor and its affiliates shall keep the contents of this agreement and any business secrets of the Company obtained during the service strictly confidential. Without prior written consent from the Company, the Advisor shall not provide or disclose the contents of this agreement or any materials and documents submitted by the Company to any third party.

9.2 The Company shall keep confidential the contents of this agreement, as well as any written reports, opinions, and non-written planning and consulting services provided by the Advisor. Without prior written consent from the Advisor, the Company shall not provide or disclose the contents of this agreement or any materials and documents submitted by the Advisor to any third party.

9.3 The confidentiality obligations set forth above shall remain in effect for three years after the expiration, termination, or cancellation of this agreement.

9.4 The confidentiality obligations do not apply to the following information:

9.4.1 Information in the public domain;

9.4.2 Information that becomes public knowledge without the fault of the party under confidentiality obligations;

9.4.3 Information obtained from sources other than the party under confidentiality obligations, where such sources are not subject to confidentiality obligations;

9.4.4 Information disclosed as required by law, court order, or other governmental authority.

**Article 10: Liability for Breach of Agreement**

Each party agrees and undertakes to compensate the other party for any losses suffered or related to the breach of this agreement by the breaching party, thereby indemnifying the other party against such losses. However, if this agreement contains specific provisions for calculating liquidated damages, those provisions shall apply.

**Article 11: Governing Law and Dispute Resolution**

This agreement shall be governed by and construed in accordance with the laws of the South Carolina, USA. Any disputes arising from or related to the performance of this agreement and its supplements shall be resolved through negotiation between the parties.

**Article 12: Exemption Clause**

In the event that the performance of this agreement is prevented or hindered due to unforeseeable and irresistible factors such as natural disasters, war, or significant changes in national laws or policies, the defaulting party shall not be liable for breach of contract. However, if the defaulting party fails to notify the other party within a reasonable time and provide corresponding evidence, resulting in an increase in the other party's economic losses, the defaulting party shall be liable for compensating the additional economic losses incurred by the other party.

**Article 13: Amendments, Resolution, and Termination of the Agreement**

13.1 Any matters not covered by this agreement may be determined by both parties through mutual consultation and the signing of a supplementary agreement or confirmation letter. In case of any inconsistency between the supplementary agreement or confirmation letter and this agreement, the terms of the supplementary agreement or confirmation letter shall prevail.

13.2 This agreement may be amended, rescinded, or terminated by mutual agreement of both parties.

**Article 14: Effectiveness and Miscellaneous**

14.1 This agreement is executed in two copies, with each party holding one copy, and both copies have equal legal effect.

14.2 This agreement shall come into effect from the date on which it is signed or stamped by the legal representatives of both parties and affixed with their respective official seals. This agreement may be signed electronically and is deemed as valid as a physical signature, carrying legal binding force.

14.3 This agreement supersedes any prior oral agreements, understandings, or memoranda of understanding reached by the parties concerning the entrusted matters.

14.4 If any provision of this agreement is found to be invalid due to non-compliance with laws and regulations, it shall not affect the validity of the remaining provisions. The parties may renegotiate and reach new provisions that comply with legal and regulatory requirements in accordance with the intent of the agreement.

14.5 The failure of a party to exercise any rights under this agreement should not be construed as a waiver of those rights, nor should it limit the future exercise of such rights.

14.6 The "Confidentiality Undertaking" signed as part of the performance of this agreement is an integral part of this agreement and has the same legal effect as this agreement.

Signature Page:

**Party A: Northann Corp.**

---

| | |
|:---|:---|
| Signature/Seal： | /s/ Lin Li |
| By:  | Lin Li |
| Title:  | CEO |
| Date: | December 19, 2025 |

---

**Party B: Lu Wang**

---

| | |
|:---|:---|
| Signature/Seal： | /s/ Lu Wang |
| Date: | December 19, 2025 |

---

**Exhibit A**

Designation List

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | Name | Citizenship/State/Country of Incorporation | Mailing Address | Email address | No. of Shares |
| 1 | Cora Vee Za | Japan | 295-1272, Kanomatsu, Sanyoonoda-shi, Yamaguchi | XXXXX | 1800000 |
| 2 |  |  |  |  |  |
| **Total** | **Total** | **Total** | **Total** | **Total** | 1800000 |

---