Document:

Exhibit
4.42

 

 

No.:
2021 L.D.L.D.

 

 

 

 

 

 

 

 

Working
Capital Loan Contract

 

[Unofficial
English Translation]

 

 

 

 

 

 

 

Bank
of Communications Co., Ltd.

 

 

 

 

     

     

    

 

Ref:

 

Working
Capital Loan Contract

 

	
    Important Tips

     

    The Borrower shall read the
    full text of the Contract carefully, especially the clauses marked with ▲▲. In case of any doubt, please ask the Lender for
    clarification in time.

     

 

In
view of the Borrower’s application to the Lender for working capital loan amount, to clarify the rights and obligations of both Parties,
the Borrower and the Lender have reached an agreement through consultation and hereby conclude this Contract.

 

Article
1 Definitions

 

“Credit”
refers to the maximum amount of the loan balance (under the revolving credit) or the total loan amount (under the one-time credit) that
the Lender may issue to the Borrower according to the Contract, which can be a revolving credit or a one-time credit (only used once
or can be used multiple times) according to the Contract.

 

“Revolving
Credit” means that the Borrower can apply for using the credit for many times to obtain loans according to the Agreement in the
Contract, but the loan balance cannot exceed the agreed credit.

 

“One-time
Credit” means that the Borrower can apply for one-time or multiple use credits to obtain loans according to the Agreement in the
Contract, but the total amount of loans drawn up cannot exceed the agreed credit.

 

“Loan
Balance” means that the sum of the outstanding loan principal amount obtained by the Borrower under the Contract.

 

“Credit
Balance” means that the amount after the credit is deducted from the loan balance (under the revolving credit) or the total loan
amount (under the one-time credit).

 

“Credit
Period” refers to the period within which the Lender grants loans to the Borrower according to the Borrower’s application and the
Agreement in the Contract, which belongs to the loan occurrence period rather than the loan term.

 

“Loan
Term” refers to the term of each loan determined by both parties in the corresponding Line of Credit Application of Bank of Communications
(hereinafter referred to as “ Credit Use Application”).

 

“Loan
Prime Rate (LPR)” refers to the Loan Prime Rate issued by the National Interbank Funding Center on the 20th day of each
month (postponed in case of holidays).

 

“Bank
Day” and “Working Day” refer to the opening business days of the bank where the Lender is located, excluding legal holidays
and rest days (except those operated due to holiday adjustment). Where the obligation performance dates such as lending date, repayment
date, interest payment date and maturity date meet non-banking days, they shall be postponed to the following banking days accordingly.

 

Related
parties, related party transactions, individual major investors and other words have the same meaning as the same words in Accounting
Standards for Enterprises No. 36 - Disclosure of Related Parties issued by the Ministry of Finance (C.K. [2006] No. 3) and subsequent
revisions of the Standard.

 

Article
2 Use of Credit

 

2.1
When the Borrower needs to use the credit, it shall apply to the Lender at least 5 banking days in advance. When applying, complete the
Credit Use Application, which can only be used after being approved by the Lender.

 

▲▲
2.2 Each use of the credit is subject to meeting all the following conditions:

 

(1)
The loan balance (under the revolving credit) or the total loan amount (under the one-time credit) does not exceed the credit;

 

(2)
The loan amount applied for shall not exceed the credit balance;

 

(3)
The application date and loan date are within the credit period;

 

(4)
The loan term and the maturity date of the loan conform to the Agreement of the Contract;

 

    1

     

    

 

(5)
The Security Contract (if any) under the Contract has come into effect and continues to be valid. If the Security Contract is a Mortgage
Contract and/or a Pledge Contract, the real right for security has been established and continues to be valid;

 

(6)
When the Borrower has completed the loan application, the government license, approval, registration and other procedures that the Borrower
must go through according to law and the Lender requires, and such license, approval or registration is continuously valid;

 

(7)
After the contract comes into effect, the Borrower’s operating status and financial status have not changed significantly;

 

(8)
The Borrower’s application meets the requirements of the relevant rules and regulations of the Lender;

 

(9)
The Borrower does not have any acts that violate the Contract;

 

(10)
The payment method of the loan conforms to the Agreement of the Contract. Where the Lender is entrusted to pay, the Lender agrees to
pay;

 

(11)
Where a foreign currency loan is drawn, the Borrower has provided proof that the loan complies with relevant foreign exchange control
policies, including but not limited to valid foreign exchange use certificates or registration documents;

 

(12)
The Borrower has designated a special fund withdrawal account according to the requirements of the Lender and signed an Account Management
Agreement.

 

▲▲
2.3 Where the Lender agrees to issue the loan, the final lending information shall be subject to the contents in the bank printing column
of the Credit Use Application. The Credit Use Application is also used as a Loan Certificate.

 

▲▲
2.4 Where the currency of Credit Use Application is inconsistent with the credit currency, it shall be converted according to
the exchange rate published by Bank of Communications at the beginning of each day for the purpose of determining the credit balance.
In case of no directly applicable exchange rate, it shall be converted according to the exchange rate determined by Bank of Communications
in a reasonable way.

 

▲▲
2.5 After the Borrower becomes the shareholder of the Guarantor or the “Actual Controller” as defined in the Company Law,
the Lender has the right to suspend or cancel the unused loan amount of the Borrower before the Guarantor provides the resolution of
its Shareholders’ Meeting accepted by the Lender on agreeing to provide guarantee for the Borrower.

 

Article
3 Interest Rate and Payment of Interest

 

3.1
Basic rules for determining interest rate

 

3.1.1
The loan interest rate under the Contract is based on the Loan Prime Rate (LPR), and is calculated according to the Loan Prime Rate (LPR)
plus (minus) points (1 basis point is 0.01%, and 1 percentage point is 100 basis points). The interest rate is agreed by both parties
in the Credit Use Application after negotiation every time the credit is used.

 

Where
both parties agree to apply a fixed interest rate in the Credit Use Application, where the specific value is recorded in the field
of fixed interest rate value, the specific interest rate of each loan shall be subject to the recorded value in the fixed interest rate
value column in the Credit Use Application, which shall be determined according to the plus (minus) point value agreed in the
Credit Use Application on the basis of the specific value of the Loan Prime Rate (LPR) applicable to the applicable date of the
pricing benchmark agreed in the Credit Use Application (hereinafter referred to as “LPR value”). Where the specific
value is not recorded in the column of fixed interest rate value, the specific interest rate of each loan shall be determined according
to the plus (minus) point value agreed in the Credit Use Application on the basis of the LPR value applicable to the applicable
date of pricing benchmark agreed in the Credit Use Application.

 

Where
both parties agree to apply floating interest rate in the Credit Use Application, the specific interest rate of each loan is determined
on the basis of the LPR value applicable to the applicable date of the pricing benchmark agreed in the Credit Use Application,
and according to the plus (minus) point value, interest rate floating rules, interest rate floating cycle, interest rate floating cycle
unit and the start date for floating of a specific date (if necessary) agreed in the Credit Use Application.

 

3.1.2
Where the currency is RMB, the daily interest rate = monthly interest rate/30, and the monthly interest rate = annual interest rate/12;
if the currency is Hong Kong dollar, British pound and Australian dollar, the daily interest rate = annual interest rate/365; if the
currencies are USD, Euro, JPY and other foreign currencies accepted by the Lender, the daily interest rate = annual interest rate/360.

 

    2

     

    

 

▲▲
3.2 Interest rate on loan

 

The
loan interest rate at the time of lending each loan is determined on the basis of the LPR value applicable to the “applicable date
of pricing benchmark” agreed in the corresponding Credit Use Application, and according to the plus (minus) point value agreed
in the Credit Use Application. The “applicable date of pricing benchmark” is the T-day, and the applicable LPR value
on the T-day is the latest published Loan Prime Rate (LPR) value before the T-day.

 

3.3
Adjustment of interest rate

 

3.3.1
Where the fixed interest rate is recorded in the Credit Use Application, the recorded interest rate shall be implemented during
the loan term.

 

▲▲3.3.2
Where the floating interest rate is recorded in the Credit Use Application, the loan interest rate adjustment date shall be determined
according to the interest rate floating rules, interest rate floating cycle, interest rate floating cycle unit and start date for floating
of specific date (if necessary) agreed in the Credit Use Application, and the adjusted interest rate shall apply from the loan
interest rate adjustment date.

 

3.3.2.1
Where the Loan Prime Rate (LPR) is adjusted during the loan period, the adjustment period of the loan interest rate shall be
calculated from the “ loan receipt date” or “start date for floating of specific date” selected in the
“Interest Rate Floating Rules”, and the loan interest rate adjustment period shall be calculated from the “loan
receipt date” or “start date for floating of specific date” Fill in the number of interest rate floating cycles in
the blank column of interest rate floating cycle, and the unit of interest rate floating cycle can be selected by day or month.
Where the number of interest rate floating cycles is filled with “1” and the floating cycle unit is selected as
“by day”, the Loan Prime Rate (LPR) adjustment date shall be taken as the loan interest rate adjustment date; if the
number of interest rate floating cycles is filled with “3” and the floating cycle unit is selected as “by
day”, the loan interest rate adjustment date will be the day of every 3 days from the “loan receipt date” or
“start date for floating of specific date”. If the number of interest rate floating cycles is filled with
“1” and the floating cycle unit is selected as “by month”, the loan interest rate adjustment date will be
the day of every full month from “loan receipt date” or “start date for floating of specific date”; if
“3” is filled in for the number of interest rate floating cycles and “by month” is selected for the floating
cycle unit, the loan interest rate adjustment date will be the day of every three months from “loan receipt date” or
“start date for floating of specific date”.

 

3.3.2.2
The loan interest rate on the loan interest rate adjustment date is determined on the basis of the applicable LPR value on the loan interest
rate adjustment date, and the value of the interest rate plus (minus) point remains unchanged (except for the adjustment of the plus
(minus) point value by both parties through consultation). The “Loan Interest Rate Adjustment Date” is the T-day, and the applicable
LPR value on the T-day is the latest published Loan Prime Rate (LPR) value before the T-day.

 

▲▲3.3.3
Where the Loan Prime Rate (LPR) is cancelled according to the regulatory requirements or the corresponding issuing institution stops
issuing according to the regulatory requirements, both parties will negotiate and adjust the loan interest rate separately, but the adjusted
interest rate is not lower than the applicable interest rate at that time. If both parties have not reached an agreement on the adjusted
interest rate more than one month after the Loan Prime Rate (LPR) is cancelled or stopped from being issued, the Lender has the right
to announce the early maturity of the loan.

 

▲
3.3.4 Both parties may adjust the value of the plus (minus) points of the corresponding loan interest rate after consensus on each loan
interest rate adjustment date.

 

3.4
Where the loan currency is RMB, the penalty interest rate of overdue loans shall be increased by 50% according to the interest rate agreed
in the Contract, and the penalty interest rate of misappropriated loans shall be increased by 100% according to the interest rate agreed
in the Contract. Where the floating rate loan is subject to the adjustment of Loan Prime Rate (LPR), the Lender has the right to adjust
the penalty interest rate applicable to each loan accordingly, and the new penalty interest rate shall be applied from the adjustment
date of the loan interest rate agreed in the corresponding Credit Use Application.

 

3.5
Calculation of interest

 

3.5.1
Normal interest = interest rate agreed in the Contract x loan amount x days occupied.

 

Days
occupied are calculated from the lending date (inclusive) to the maturity date (exclusive), and postponed when the maturity date is non-working
days. The postponed period is included in the days occupied, and interest is still calculated according to the Agreement in the Contract.

 

3.5.2
The penalty interest of overdue loans and misappropriated loans shall be calculated according to the amount and actual days of overdue
or misappropriated loans (from the date of overdue or misappropriated (inclusive) to the date of repayment of principal and interest
(exclusive)).

 

3.5.3
In case of more decimal places after the calculated interest/penalty interest, the Lender will keep two decimal places according to the
rounding method.

 

    3

     

    

 

▲▲
3.6 Where the Borrower repays the loan in advance or the Lender recovers the loan in advance according to the Agreement in the Contract,
the corresponding interest rate grade will not be adjusted, and the interest rate agreed in the Contract will still be implemented.

 

3.7
Where the loan currency is foreign currency, the determination and adjustment of interest rate, and the penalty interest rate of overdue
and misappropriated loans shall be subject to the Agreement in Article 17 of the Contract.

 

Article
4 Loans Payment

 

4.1
Where the lending account designated by the Borrower is a special loan issuing account opened at the Lender, the loan issuance and payment
shall be handled through the account. The account is only used for the issuance and external payment of loan funds, and only sells the
vouchers of the Settlement Business Application. It cannot handle cheques, bills of exchange, bank acceptance bills and other businesses
and cannot be used for other settlement. When the Borrower pays for the transfer of loan funds independently, it must be handled at the
counter of the account opening outlet. The deposit interest of the account is included in the Borrower’s repayment account.

 

4.2
When the Borrower withdraws the loan according to the Agreement in the Contract, the payment method (authorized payment by the Lender
or independent payment by the Borrower) shall be specified, and only one payment method can be applied for each withdrawal.

 

4.3
Authorized payment by the Lender means that the Lender directly pays the loan funds to the Borrower’s counterparty for the purpose agreed
in the Contract through the Borrower’s account after issuing the loan according to the Borrower’s authorized payment order.

 

Where
the amount of a single payment exceeds the independent payment limit or meets one of the conditions agreed in Article 19.3, the loan
authorized payment method shall be applied.

 

Where
the Lender is authorized to pay, the Borrower shall submit to the Lender a Credit Use Application, the corresponding authorized payment
order and other materials required by the Lender (including but not limited to business contracts, invoices, receipt documents and other
transaction materials), specifying the amount of the loan drawn and the object and amount of payment, and the amount of the loan drawn
shall be equal to the total amount to be paid.

 

▲▲Where
the payment proposed by the Borrower does not conform to the Contract or the corresponding commercial contract or has other defects,
the Lender has the right to refuse to pay and return the authorized payment order submitted by the Borrower.

 

▲▲
Where the Lender agrees to pay, if the information provided by the Borrower is incorrect and cannot be paid to the outside world or a
refund of payment occurs, the Borrower shall resubmit relevant documents and materials containing correct information within the time
limit specified by the Lender, and if the payment is delayed or unsuccessful, the Lender shall not be liable.

 

4.4
Independent payment by the Borrower means that, after the Lender directly remits the loan funds to the Borrower’s account based on the
agreement in the Contract, the Borrower will independently pay the Borrower’s counterparty that meets the purpose agreed in the Contract.

 

Where
the Borrower pays independently, the Borrower shall submit to the Lender a Credit Use Application, instructions for the use of
funds and other materials required by the Lender. The Borrower shall summarize and report the payment of loan funds to the Lender on
time. The Lender has the right to check whether the loan payment meets the agreed purpose through account analysis, voucher inspection
and on-site investigation, and the Borrower must cooperate with the Lender’s verification.

 

Article
5 Loans Repayment

 

5.1
The Borrower shall repay the loan according to the repayment date and amount recorded in the corresponding Credit Use Application.

 

▲▲
5.2 Without the written consent of the Lender, the Borrower cannot repay the Loan in advance.

 

▲▲
5.3 The repayment arrangements of principal and interest agreed by the Borrower and the Lender in the Credit Use Application are
the true intentions reached by both parties on a voluntary basis after negotiation. Under the repayment arrangement chosen by both parties,
whether the principal is repaid before the interest does not affect the Borrower’s repayment responsibility for the interest payable,
and the Borrower shall not raise a defense against the repayment of the interest payable. Under any repayment arrangement, the Borrower
shall be liable for repayment of all principal and interest payable.

 

    4

     

    

 

▲▲
5.4 When the Borrower’s repayment (including the Borrower’s voluntary repayment and the Lender’s deduction of the proceeds as agreed
in the Contract) cannot fully pay off all the Borrower’s debts:

 

(1)
It should be used to pay off the unpaid expenses due first. Where the principal and interest are overdue for less than 90 days, the
balance after offsetting the expenses shall be used to offset the unpaid interest or penalty interest and compound interest due, and
then used to offset the unpaid principal due. Where the principal or interest is overdue for more than 90 days, the balance after
offsetting the expenses shall be used to offset the principal due and unpaid, and then used to offset the interest due and unpaid,
penalty interest and compound interest;

 

(2)
Where the Borrower has multiple debts (including the debts of the Borrower to the Lender under other Contracts), the Lender has the
right to decide the repayment and offset sequence of the Borrower’s debts, as long as the offset sequence does not violate the
mandatory provisions of applicable laws, regulations, rules and regulations and relevant regulatory requirements of the Lender. The
Lender shall notify the Borrower of the result of debt repayment. Unless otherwise agreed by both parties on the matters in this
paragraph.

 

Article
6 Statement and Guarantee of the Borrower

 

6.1
The Borrower is legally established and exists, has all necessary rights and abilities, and can perform the obligations of the Contract
and bear civil liabilities in its own name.

 

6.2
The signing and performance of the Contract is the true expression of the Borrower’s intention, and has been subject to all necessary
consents, approvals and authorizations, without any legal defects.

 

6.3
The Borrower’s production and operation are legal and compliant. It has the ability of going concern, has legal repayment sources, does
not involve major environmental and social risks and has no major bad credit records. The Borrower’s senior management personnel have
no bad records.

 

6.4
All documents, statements, materials and information provided by the Borrower to the Lender during the signing and performance of the
Contract are true, accurate, complete and valid. It has not concealed from the Lender any information that may affect its financial position
and repayment ability, and the financial position of the Borrower has not changed significantly since the reporting date of the latest
financial statements.

 

▲▲
6.5 Neither the Borrower nor its related parties belong to the enterprises or individuals in the sanctions list of the United Nations,
the European Union or the United States and the list of risks related to terrorism and anti-money laundering issued by the Chinese Government
Departments or Competent Authorities. It is not located in countries and regions sanctioned by the United Nations, the European Union
or the United States.

 

▲▲
6.6 The Borrower guarantees to abide by the national anti-money laundering laws, regulations and relevant policies, do not engage in
assisting others in money laundering, terrorist financing, tax evasion, evasion of bank debts, cash withdrawal, telecom fraud, illegal
fund-raising and other illegal activities, actively cooperate with the Lender to carry out various anti-money laundering work such as
customer identification, transaction record keeping, due diligence on customer identity and transaction background, large-value and suspicious
transaction reports, and provide relevant certification materials as required by the Lender.

 

    5

     

    

 

Article
7 Rights and Obligations of the Lender

 

7.1
The Lender has the right to recover the principal and interest of the loan (including compound interest, penalty interest of overdue
and misappropriated loans), collect the fees payable by the Borrower, and have the right to recover the loan in advance at its own discretion
according to the withdrawal of funds from the Borrower, and exercise other rights stipulated by law or agreed in the Contract.

 

▲▲
7.2 During the performance of the Contract, the Lender will only conduct formal examination on the information provided by the Borrower.
Where the Lender fails to complete the authorized payment in time due to the untrue, inaccurate or incomplete materials provided by the
Borrower or the Borrower’s violation of the Contract, the Lender shall not be liable.

 

▲▲
7.3 The Lender shall issue the loan and make payment according to the Agreement in the Contract. Where the Lender fails to issue the
loan or handle the payment on time due to any of the following reasons, the Lender shall not bear the responsibility, but shall notify
the Borrower in time: the loan account designated by the Borrower is frozen, the payment object account is frozen, force majeure, communication
or network failure and the Lender system failure. Unless otherwise agreed in the Contract.

 

Article
8 Obligations of the Borrower

 

8.1
The Borrower shall repay the loan principal and pay interest under the Contract according to the time, amount, currency and interest
rate recorded in the Contract and the corresponding Credit Use Application.

 

The
fund withdrawal account designated by the Borrower is used to collect the corresponding sales income or planned repayment funds. Where
the corresponding sales income is settled in a non-cash way, the Borrower shall ensure that it is transferred to the fund withdrawal
account in time after receiving the money. The Borrower shall provide the inflow and outflow of funds in the fund withdrawal account
according to the requirements of the Lender.

 

8.2
The Borrower shall use the loan according to the purpose agreed in the Contract and the purpose determined in the corresponding Credit
Use Application, and shall not use the loan for other purposes, and shall not use the loan for fixed assets investment, equity investment
and fields and purposes prohibited by the State from production and operation.

 

The
Borrower shall disburse the loan funds in the agreed way, and shall not evade the authorized payment of the Lender by breaking up the
whole into parts. Where the Borrower pays independently, the Borrower shall use the loan within a reasonable time according to the requirements
of the Lender’s regulatory authority, and the payment of loan funds shall conform to the Agreement in the Contract.

 

▲▲
8.3 The Borrower shall bear the settlement fees (if any) for the payment of loan funds (including authorized payment by the Lender and
independent payment by the Lender), and the specific fees shall be implemented in accordance with laws, regulations, rules, regulatory
requirements and the Service Charge List of Bank of Communications published by the Lender in effect at that time.

 

The
lending account is a special loan release account. When the loan funds are paid (including authorized payment by the Lender and independent
payment by the Borrower), if the receiving account does not belong to the account opened in Bank of Communications, the payment of funds
may be handled through the payment system of the People’s Bank of China or the exchange system in the same city.

 

Where
the lending account is not a special loan release account, when the loan funds are paid (including entrusted payment by the Lender and
independent payment by the Borrower), if the collection account is an account of other banks in different places, the payment of funds
shall be handled through the payment system of the People’s Bank of China.

 

    6

     

    

 

▲▲
8.4 The Borrower shall cooperate with the Lender in loan payment management, supervision and inspection of loan use and Borrower’s operation,
provide financial statements, records and materials on the use of loan funds, related party and related party transaction information,
environmental and social risk reports, other materials and information required by the Lender for post-loan risk management in time and
ensure the truthfulness, completeness and accuracy of the documents, materials and information provided.

 

▲▲
8.5 In case of any of the following matters, the Borrower shall notify the Lender in writing at least 30 days in advance, and shall not
take any action before paying off all the principal and interest of the loan under the Contract or providing the repayment plan and guarantee
approved by the Lender:

 

(1)
Sell, donate, lease, lend, transfer, mortgage, pledge or otherwise dispose of all or most of the assets or material assets;

 

(2)
Make significant changes to the management system or property right organization form, including but not limited to the implementation
of contracting, leasing, joint venture, corporate system transformation, joint-stock cooperative system transformation, enterprise sale,
acquisition (merger), joint venture (cooperation), division, establishment of subsidiaries, equity transfer, property right transfer
and capital reduction.

 

(3)
Foreign investment or increased debt financing exceeds the agreed limit.

 

▲▲
8.6 The Borrower shall notify the Lender in writing within 7 days from the date when the following events occur or may occur:

 

(1)
The Borrower or its related parties amend the articles of association, change the industrial and commercial registration items such as
the name, legal representative (principal), domicile, mailing address or business scope of the enterprise, and make decisions that have
a significant impact on finance and personnel;

 

(2)
The Borrower, its related party or guarantor intends to file for bankruptcy or may or has been filed for bankruptcy by the creditor;

 

(3)
The Borrower or its related parties are involved in major litigation, arbitration and administrative measures, or the main assets or
collateral under the Contract have been subject to property preservation or other compulsory measures, or the safety and integrity of
the main assets or collateral under the Contract has been or may be affected or the value is reduced or may be reduced;

 

(4)
The Borrower or its related parties provides guarantees to third parties, which materially adversely affect its economic, financial situation
or ability to fulfill its obligations under the Contract;

 

(5)
The Borrower or its related parties signs Contracts that have a significant impact on its operation and financial situation;

 

(6)
The Borrower pays off the unexpired debts in advance or gives priority to paying off other maturing debts, adds mortgage, pledge and
other form of guarantees for other existing debts, or makes any arrangement with similar effect or signs relevant documents;

 

(7)
The Borrower, its related parties or guarantor stops production, go out of business, dissolve, suspend business for rectification,have
its business license revoked or withdrawn;

 

(8)
The Borrower or its related parties, the major investors of the Borrower or its related parties, the legal representative (principal),
directors or key management personnel of the Borrower or its related parties are missing, involving violations of laws and regulations
or applicable exchange rules or abnormal changes;

 

(9)
Serious difficulties occur in the operation of the Borrower or its related parties, or the financial situation deteriorates, or other
events have a negative impact on the operation, financial situation or solvency or economic situation of the Borrower or its related
parties;

 

    7

     

    

 

(10)
Related party transactions occur, and the transaction amount is up to or exceeds 10% of the recently audited net assets;

 

(11)
Before paying off all debts under the Contract, the Borrower becomes or may become a shareholder of the guarantor or an
“Actual Controller” as defined in the Company Law;

 

(12)
The Borrower or its related parties cause liability accidents or are exposed by the media due to violation of laws and regulations,
regulatory requirements, national policies or industry standards;

 

(13)
Safety or environmental protection accidents occur to the Borrower or its related parties;

 

(14)
The control or controlled relationship between the Borrower’s related parties and the Borrower changes;

 

(15)
Significant equity changes have occurred to the Borrower or its related parties;

 

(16)
The audit opinion issued by the Borrower’s external auditor on its financial statements is not a standard unqualified one;

 

(17)
The Borrower has been or may be under investigation, punishment or other similar measures of competent authorities for violating laws,
regulations and/or regulatory requirements;

 

(18) The
Borrower or its related parties are included in the sanctions list of the United Nations, the European Union or the United States, and
the list of risks related to terrorism and anti-money laundering issued by Chinese Government Departments or Competent Authorities; or
their countries and regions are included in the list of sanctioned countries and regions such as the United Nations, the European Union
or the United States;

 

(19)
Other major adverse events affecting the solvency of the Borrower or its related parties occur.

 

▲▲
8.7 In case of any change in the guarantee under the Contract which is not conducive to the creditor’s rights of the Lender, the Borrower
shall promptly provide other guarantees approved by the Lender according to the requirements of the Lender.

 

The
term “Change” as mentioned in the paragraph includes but is not limited to: merger, division, suspension of production, suspension
of business, dissolution, suspension of business for rectification, revocation, revocation of business license, application or application
for bankruptcy of the guarantor; significant changes in the operation or financial status of the guarantor; the guarantor is involved
in major litigation, arbitration, administrative measures or property preservation or other compulsory measures have been taken for major
assets; the safety and integrity of the collateral is or may be affected; the value of collateral is reduced or may be reduced or compulsory
measures such as property preservation such as seizure are taken; the guarantor or its legal representative (principal) or key management
personnel are involved in violations of laws and regulations or applicable exchange rules; if the guarantor is an individual, the guarantor
is missing or dead (declaration of death); the guarantor breaches the contract under the Guarantee Contract; there are disputes between
the guarantor and the Borrower; the guarantor requests to terminate the Guarantee Contract; the Guarantee Contract is not effective or
invalid or revoked; the real right for security is not established or invalid; or other events affecting the safety of the Lender’s creditor’s
rights.

 

▲▲
8.8 The Borrower promises that from the Contract’s signing date to the settlement of all loan principal and interest and related expenses
under the Contract, the Borrower’s financial indicators, external agency rating, and production and operation qualification/license always
conform to the Contract. Where the production and operation qualification/license needs an annual examination, it shall pass the annual
examination on time.

 

8.9
The Borrower guarantees that the Borrower and its employees and agents will not provide, give, ask for or accept any form of material
benefits (including but not limited to cash, physical cards and travel) or other non-material benefits to the Lender or its employees
in any form except as agreed in the Contract, do not use the funds or services provided by the Lender in any form, directly or indirectly,
for activities related to corruption or bribery. Where the Borrower knows any violation of the Agreement, it shall provide clues and
relevant information to the Lender in a timely, truthful, complete and accurate manner and cooperate with relevant matters according
to the requirements of the Lender.

 

▲▲
Article 9 Adjustment of Credit, Early Maturity of Loan and Risk Repricing

 

9.1
Any of the following events shall be deemed as an “Early Expiration Event” of the Contract:

 

(1)
The Borrower fails to repay the loan principal or pay interest as specified in any Credit Use Application under the Contract;

 

(2)
The statements and warranties made by the Borrower under the Contract are untrue;

 

    8

     

    

 

(3)
Any of the notifiable events listed in Article 8.6 actually occurs and affects or may affect the security of the Lender’s creditor’s
rights;

 

(4)
Due to the change of laws, regulations and regulatory policies, the loan issued by the Lender according to the Agreement in the Contract
constitutes or may constitute violation of Laws and Rules;

 

(5)
When the Borrower performs other Contracts concluded with the Lender or Contracts concluded with a third party, there is a breach of
contract or the debt may or has been declared to be due ahead of schedule;

 

(6)
The Borrower violates other stipulations in the Contract.

 

9.2
When any “Early Maturity Event” occurs, the Lender has the right to take one, more or all of the following measures:

 

(1) Reduce, suspend or cancel
the credit under the Contract;

 

(2)
Stop releasing loans that have not been drawn by the Borrower;

 

(3)
Stop paying for loans that have been drawn by the Borrower but have not yet been used;

 

(4)
The Borrower is required to negotiate with the Lender for supplementary loan issuance and payment conditions within a limited time;

 

(5)
The Borrower is required to change the payment method according to the requirements of the Lender;

 

(6)
Carry out risk repricing of loans as agreed in Article 9.3;

 

(7)
Unilaterally declare that all the loan principal released under the Contract is due ahead of schedule, and the Borrower is required to
immediately repay all the loan principal due and settle the interest.

 

9.3
According to the production and operation of the Borrower at the time of signing the Contract, both parties have determined the interest
rate agreed in the Contract and its adjustment after negotiation. The Borrower agrees that in case of any “Early Maturity Event”,
the Lender has the right to implement the risk repricing of the Loan as agreed in the Article.

 

9.3.1
Risk repricing includes negotiation repricing and direct increase of loan interest rate. The risk repricing method adopted in the Contract
is agreed by both parties in Article 21.

 

9.3.2
“Negotiated repricing” means that the Lender has the right to require the Borrower to negotiate with the Lender to raise the
loan interest rate within a limited time, and both parties determine the “Repricing Date” and the specific agreement of relevant
interest rates by means of signing Supplementary Agreement.

 

9.3.3
“Direct increase of loan interest rate” means that the Lender has the right to directly increase the loan interest rate as
agreed in the Article and Article 21.

 

9.3.3.1
From the “Repricing Date” notified by the Lender in writing to the Borrower, the increased loan interest rate shall be implemented
for all outstanding loans of the Borrower as of the “Repricing Date”.

 

9.3.3.2
Where the loan currency is RMB, on the basis of the applicable LPR value on the “Repricing Date”, the loan interest rate after
each loan is raised shall be determined according to the plus (minus) point value agreed in Article 21.

 

Take
“Repricing Date” as T day, and the applicable LPR value on T day is the latest published Loan Prime Rate (LPR) value before
T day.

 

9.3.3.3
Where the loan currency is foreign currency, the increased loan interest rate shall be determined according to Article 21.

 

9.3.4
After the Lender implements the risk repricing according to the aforesaid Agreement, the new interest rate shall be implemented from
the “Repricing Date”. On the basis of the interest rate, it is still subject to floating adjustment as agreed in Article 3
of the Contract. If both parties agree to change the relevant Agreement through negotiation, it shall be implemented according to the
Changed Agreement. In case of loan overdue (including the Borrower’s failure to repay the loan on time or the Lender’s announcement of
early maturity) or misappropriation, the penalty interest rate of overdue and misappropriation shall be determined on the basis of the
new interest rate (including the floating and adjusted interest rate as agreed in the Contract), and the interest rate for calculating
compound interest shall be adjusted accordingly.

 

9.3.5
The execution of “Risk Repricing” shall not be deemed or construed as a waiver of the Lender’s other rights as stipulated by
laws and regulations and agreed in the Contract. The Lender has the right to take other creditor’s rights protection measures according
to laws and regulations and the Agreement in the Contract, including but not limited to the measures agreed in Article 9.2.

 

    9

     

    

 

▲▲
Article 10 Default

 

10.1
Where the Borrower fails to repay the loan principal in full and on time, pay interest or use the loan for the purpose agreed in the
Contract, the Lender shall collect interest according to the penalty interest rate of overdue loan or misappropriated loan and compound
interest on the unpaid interest payable. Where the penalty interest rate is adjusted according to the Contract, the interest rate for
calculating compound interest shall be adjusted accordingly.

 

10.2
Where the Borrower fails to repay the loan principal and pay interest in full and on time, it shall bear the reminder fees, legal fees
(or arbitration fees), preservation fees, announcement fees, execution fees, attorney fees, travel expenses and other expenses paid by
the Lender to realize the creditor’s rights.

 

▲▲
Article 11 Deduction Agreement

 

11.1
When the Borrower authorizes the loan principal, interest, penalty interest, compound interest or other expenses due and payable, the
Lender has the right to deduct the funds in any account opened by the Borrower in all Branches of Bank of Communications Co., Ltd. for
settlement.

 

11.2
After deduction, the Lender shall notify the Borrower of the account number, Contract number, Credit Use Application, deduction
amount and remaining debt amount involved in the deduction.

 

11.3
Where the deducted proceeds are insufficient to pay off all debts of the Borrower, the debt amount to be paid off and offset shall be
determined according to the Agreement in the Contract.

 

11.4
Where the deducted proceeds are inconsistent with the currency of the debts to be offset, they shall be converted into the amount of
the debts to be offset according to the exchange rate announced by Bank of Communications Co., Ltd. at the time of deduction. Where it
is necessary to handle the formalities of settlement and sale of foreign exchange or currency exchange, the Borrower shall be obligated
to assist the Lender in handling the formalities as required by the Lender, and the exchange rate risk shall be borne by the Borrower.

 

▲▲
Article 12 Notices

 

12.1
The contact information (including mailing address, telephone number and fax number) filled in by the Borrower in the Contract is true
and valid. In case of any change of contact information, the Borrower shall immediately post/send the change information in writing to
the mailing address filled in by the Lender in the Contract. Such changes in information shall become effective upon receipt by the Lender
of the Notice of Change.

 

12.2
Unless otherwise expressly agreed in the Contract, the Lender shall have the right to notify the Borrower by any of the following means.
The Lender shall have the right to choose such notification as it deems appropriate and shall not be liable for transmission errors,
omissions or delays in postal, facsimile, telephone or any other communication system. If the Lender also chooses multiple notification
methods, the one that arrives at the Borrower quickly shall prevail. Where the Lender issues more than one notice to the Borrower on
the same matter and the contents of the notice are different, unless otherwise expressly stated in the notice, the later notice shall
prevail.

 

(1)
The announcement shall be deemed as the delivery date on which the Lender issues the announcement on its website, online banking, telephone
banking or business outlets;

 

(2)
Delivery by hand, the date when the Borrower signs for it shall be regarded as the delivery date;

 

(3)
Postal delivery (including express mail, ordinary mail and registered mail) to the Borrower’s mailing address as recently known to the
Lender shall be deemed as delivered on the the 3rd day (intra-city)/5th day (cross-city) after the mailing date;

 

(4)
Delivery by fax, mobile phone text message or other electronic means of communication to the Borrower’s latest known fax number, mobile
phone number or e-mail address designated by the Borrower shall be deemed as the delivery date. The aforementioned delivery shall be
deemed as effective when the relevant information enters the server terminal of the service provider, instead when it is actually displayed
at the customer’s terminal.

 

12.3
The Borrower agrees that unless the Lender receives the written notice of the Borrower about the change of contact information, the contact
information filled in by the Borrower in the Contract is the address where the court serves judicial documents and other written documents
to the Borrower. The above-mentioned service address shall be applicable to all judicial procedures including but not limited to mediation
in advance, first instance, second instance, retrial and bankruptcy, and execution procedures in civil litigation. If the Borrower responds
to the lawsuit and directly submits the confirmation of service address to the court, and the confirmed address is inconsistent with
the contact information recently known by the Lender, the court has the right to serve according to the address on the confirmation of
service address.

 

The
Court shall serve on the Borrower any (legal) document, including judgment, ruling and conciliation. The Court shall have the right to
do so by any means of communication agreed in Article 12.2. The court shall have the right to choose such means of communication as it
thinks proper and shall not be liable for transmission errors, omissions or delays in postal, facsimile, telephone, telex or any other
communication system. Where the court also chooses multiple communication modes, the one that arrives at the Borrower quickly shall prevail.

 

    10

     

    

 

12.4
This clause is an independent dispute settlement one in the Contract and shall survive if the Contract is invalid, revoked or terminated.

 

▲▲
Article 13 Information Disclosure and Confidentiality

 

13.1
For the undisclosed information and materials obtained and known by the Borrower during the signing and performance of the Contract,
the use of relevant information and materials by the Lender shall not violate laws, regulations and regulatory requirements, and shall
bear the responsibility of confidentiality according to law and shall not disclose such information and materials to third parties, except
for the following circumstances:

 

(1)
Disclosure required by applicable laws and regulations;

 

(2)
Disclosure required by the judicial department or regulatory agency according to law;

 

(3)
When the Borrower fails to repay the loan principal and/or pay interest in full and on time, the Lender shall disclose to the Lender’s
external professional consultant and allow the Lender’s external professional consultant to use it on the basis of confidentiality in
order to realize the creditor’s rights under the Contract;

 

(4)
The Borrower agrees or authorizes the Lender to make disclosure.

 

13.2
The Borrower confirms that it has signed the Authorization Letter for Credit Information Inquiry and Provision. The Lender shall
inquire, use and keep the credit information of the Borrower within the scope specified in the Authorization Letter.

 

13.3
Except as provided in Articles 13.1 and 13.2 of the Contract, the Borrower further agrees that Bank of Communications Co., Ltd. may use
or disclose his/her information and materials under the following circumstances, including but not limited to the Borrower’s basic information,
credit transaction information, bad information and other relevant information and materials, and is willing to bear all the consequences
arising therefrom:

 

Disclose
to and allow the use of such information and materials on the basis of confidentiality by outsourcing institutions, third-party service
providers, other financial institutions and other institutions or individuals deemed necessary by the Lender, including but not limited
to other branches of Bank of Communications Co., Ltd., Or a subsidiary wholly or partially owned by Bank of Communications Co., Ltd.
for the following purposes: 1 To carry out bank credit business or bank credit related business, such as promoting the credit business
of Bank of Communications Co., Ltd., collecting the arrears of the Lender, transferring the Creditor’s rights of bank credit business,
etc.; 2 Providing or possibly providing new products or services or providing further services for the Lender to the Borrower.

 

Regardless
this Article 13.3 is applicable or not, the agreement of both parties in Article 24 of the Contract shall prevail.

 

Article
14 Application of Law and Dispute Resolution

 

The
Agreement shall be governed by the laws of the People’s Republic of China (excluding the laws of Hong Kong, Macao and Taiwan). Disputes
under the Contract shall be brought to the court with jurisdiction in the place where the Lender is located, unless otherwise agreed
in the Contract. During the dispute, the parties shall continue to perform the terms not involved in the dispute.

 

Article
15 Effectiveness and Composition of the Contract

 

15.1
The Contract shall come into effect after being signed (or sealed) by the legal representative (principal) or authorized representative
of the Borrower and affixed with the official seal, and signed (or sealed) by the principal or authorized representative of the Lender
and affixed with the special seal for Contract.

 

15.2
The Credit Use Application and other relevant documents and materials signed when using the credit under the Contract shall be
an integral part of the Contract.

 

15.
3 Credit Use Application is a supplement to the Contract. Unless otherwise agreed in the Credit Use Application, the rights
and obligations between the Borrower and the Lender and related matters shall still be implemented as agreed in the Contract.

 

Article
16 Specific Contents of the Credit

 

16.1
Credit currency: RMB; amount (in words): RMB ten million only; which is available for ☐ RMB_____________
☐ _____________ (foreign currency). The credit belongs to ☐ revolving credit ☐ one-time credit (which can be used
multiple times) ☐ one-time credit (which can only be used once).

 

16.2
Use of credit: used for main business and related operating expenses.

 

16.3
The credit period is from MM/DD/YY to MM/DD/YY.

 

    11

     

    

 

Article
17 Interest Rate Agreement

 

Where
the loan currency is foreign currency, the relevant agreements on the determination of interest rate, the adjustment of interest rate
and the penalty interest rate for overdue and misappropriated loans are as follows:

 

Article
18 Account Agreement

 

18.1
The Borrower designates the following account as a lending account, which is ☐ or is not ☐ a special loan releasing
account opened by the Borrower with the Lender. Unless otherwise specified in the Credit Use Application, the items agreed by
both parties in the Credit Use Application shall prevail.

 

Account
name: United Time Technology Co., Ltd.____________________________________________

 

Account
No.: 443066333013003785800____________________________________________________________

 

Bank
of deposit: Bank of Communications Shenzhen OCT Branch_______________________________________

 

18.2
Designated by the Borrower:_________________________________________________________________

 

(1)
The repayment account is

 

Account
name: United Time Technology Co., Ltd.____________________________________________

 

Account
No.: 443066333013003785800____________________________________________________________

 

Bank
of deposit: Bank of Communications Shenzhen OCT Branch_______________________________________

 

(2)
The fund withdrawal account is________________________________________________________________

 

Account
name:________________________________________________________________________________

 

Account
No.: _________________________________________________________________________________

 

Bank
of deposit:_______________________________________________________________________________

  

    12

     

    

 

Article
19 Specific Agreement on Loan Release, Payment and Repayment

 

19.1
The term of each loan drawn under the Contract shall not be longer than ________☐ month ☐ day, and the maturity
date of all loans shall not be later than MM/DD/YY.

 

19.2
The independent payment limit under the Contract is RMB_____

 

19.3
Where one of the following conditions is met, the Lender shall be authorized to pay:

 

19.4
Where the Borrower pays in an active way, the Borrower shall report the payment of loan funds to the Lender within _____ days after the
loan is released.

 

Article
20 Financial Restrictions, External Agency Ratings and Production and Operation Qualifications/Licenses

 

20.1
The Borrower’s foreign investment limit is RMB_______________; and the increased debt financing limit is RMB _______________.

 

20.2
The Contractual Agreement on the Borrower’s financial indicators:

 

(1)
______________________________________________________________

 

(2)
______________________________________________________________

 

(3)
______________________________________________________________

 

20.3
Specific Agreement on rating of external institutions:

 

(1)
______________________________________________________________

 

(2)
______________________________________________________________

 

20.4
Specific Agreement on the Borrower’s Production and Operation Qualification/License:

 

(1)
______________________________________________________________

 

(2)
______________________________________________________________

 

▲▲
Article 21 Specific Agreement on Risk Repricing

 

21.1
In the Contract, the risk repricing method of _____ is applied: (1) negotiated repricing; (2) raise the loan interest rate directly.

 

21.2
Where the method of “directly raising loan interest rate” is applied:

 

21.2.1
Where the loan currency is RMB, the value of the increased interest rate plus (minus) points is: ☐ -no plus or minus points ☐
plus ___ percentage points ☐ minus __ percentage points. Where there is another Agreement on a certain loan, the value of interest
rate plus (minus) points after the increase of the loan shall be subject to the records in the Credit Use Application.

 

21.2.2
Where the loan currency is foreign currency, the increased loan interest rate is__________.

 

Article
22 Contact Information

 

The
contact information of the Borrower for receiving the notification agreed in Article 12 includes:

 

Mailing
address: 7/F, Block A, Building 5, Software Industry Base, Nanshan District, Shenzhen______________

 

Recipient:
Bao Minfei_________________________________________________________________________

 

Zip
Code: 518000__________ Tel.: 13805729242______________________________________

 

Fax:
_____________________ Mobile phone number: __________________________________

 

E-mail
address:______________________________________________________________________________

 

    13

     

    

 

Article
23 Number of Originals of Contract

 

This
contract is made in _____ originals, with each party and guarantor (if any) holding ______ copies.

 

Article
24 Miscellaneous

 

24.1
Both parties agree that the Contract is ☐ applicable ☐  not applicable to Article 13.3.

 

24.2
If the Borrower returns the shareholder’s loan and pays dividends before the principal and interest are paid off, it shall inform the
Lender in writing;

 

24.3
Whether loans can be made under the credit line shall be decided by the Lender according to the requirements of credit scale control;

 

24.4
During the line of credit period, if the Borrower’s equity is pledged to the outside world, it must inform the Lender in writing. Otherwise,
the Lender has the right to announce that the amount is mature ahead of schedule;

 

24.5
During the line of credit period, the Borrower shall notify the Lender in writing of any new external guarantee or pledge of accounts
receivable

 

Otherwise,
the Lender has the right to announce the early expiration of the credit;

 

24.6
During the line of credit period, if the Borrower fails to use the loan funds according to the approved purposes, the Lender has the
right to announce that the loan is mature ahead of schedule;

 

24.7
The Lender will provide legal and compliant VAT invoices according to laws, regulations and relevant regulations, and the specific time
and method will be determined by both parties through separate negotiation.

 

Borrower:
United Time Technology Co., Ltd. ______________

 

Legal
representative(person-in-charge):____________________________

 

Legal
address: F2.64D-403, Tianzhan Building, Tian’an Chegongmiao, Xiangmi Lake, Futian District, Shenzhen

 

Lender:
Bank of Communications Co., Ltd. Shenzhen Branch (Sub-branch)

 

Person
in charge: Tang Ling___________________________________

 

Mailing
address: Century Place, No. 3018, Shennan Middle Road, Futian District, Shenzhen

 

	The Borrower has read through all the terms of the Contract, and the Lender has made a detailed explanation at the request of the Borrower. The Borrower has no doubt and objection to any of the contents, and understands the meaning and legal consequences of the terms of the Contract, especially the terms marked with▲▲when signing the Contract.

 

    14

     

    

 

(This
page is a signature page for the Working Capital Loan Contract, without text below)

 

	Borrower (official seal)	Lender (special seal for contract)
	 	 
	United Time Technology Co., Ltd. (Seal)	Bank of Communications, Shenzhen Branch (Seal)
	 	 
	Legal representative (person in charge) or authorized representative	Person in charge or authorized representative
	 	 
	(Signature or seal)	(signature or seal)
	 	 
	 	/s/Jinjie Liu
	 	 
	Bao Minfei (Seal)	 
	 	 
	Signature date: July 14, 2021	
    Signature date: July 14, 2021

 

 

15Exhibit 4.44

 

No.:
2021 L.D.B.Z.

 

Guarantee
Contract

 

 

 

 

[Unofficial
English Translation]

 

Bank
of Communications Co., Ltd.

 

     

     

    

 

Ref:

 

Guarantee
Contract

 

	  

    Important
Tips

    The
    Guarantor shall read the full text of the Contract carefully, especially the clauses marked with ▲▲. In case of any doubt,
    please ask the Creditor for clarification in time.

     

 

To
guarantee the realization of all creditor’s rights under the Master Contract signed or to be signed between the Debtor and the Creditor,
the Guarantor is willing to provide the guarantee agreed in the Contract.

 

To
clarify the rights and obligations of both parties, the Guarantor and the Creditor have reached an agreement through consultation, and
hereby conclude the Contract.

 

Article
1 Principal Creditor’s Rights

 

1.1
The principal creditor’s rights guaranteed by the Guarantor refer to all principal creditor’s rights under the Master Contract (hereinafter
referred to as “all Master Contracts” in case of multiple Master Contracts), including all kinds of loans, overdrafts, discounts
and/or various trade financing funds issued by the Creditor to the Debtor according to the Master Contract (including but not limited
to import bill advance, import collection financing, import remittance financing, export bill purchase, export collection financing,
export invoice financing, export order financing, packing loans, domestic bills under L/C, domestic L/C negotiation, domestic factoring
financing, import and export factoring financing, etc.), and/or, the Creditor’s rights (including contingent rights) against the Debtor
due to the bank acceptance bill, L/C or guarantee letter (including standby L/C, similarly hereinafter), and the Creditor’s rights (including
contingent rights) against the Debtor due to other bank credit business.

 

The
bank credit business agreed in the Contract refers that the bank directly provides financial support to the customer, or guarantees the
compensation and payment liabilities that may arise from the customer’s relevant economic activities, and provides other credit services
to the Debtor, including but not limited to any one or multiple businesses listed above or businesses with other names.

 

▲▲
1.2 The specific contents such as currency, amount, interest rate and debt performance period of any principal creditor’s right shall
be agreed upon by both the Creditor and the Debtor in the Master Contract (including the Line of Credit Application under the Master
Contract and/or other documents signed by both the Creditor and the Debtor. The Line of Credit Application and other documents shall
be hereinafter collectively referred to as “Credit Use Application” in the Contract).

 

If
the maximum guarantee is provided in accordance with Articles 10.2(2), 10.2(3), 10.2(4) and 10.2(5) of the Contract, the cycle use of
the credit line of the Master Contract, the purpose of the credit line, the specific purpose of each use of the credit line and the credit
period shall be specifically agreed upon by both the Creditor and the Debtor in the Master Contract. For the maximum guarantee provided
in accordance with the provisions of Articles 10.2(2) and 10.2(3), the principal creditor’s rights arising within the credit period agreed
in the Master Contract are guaranteed by the Contract; For a maximum guarantee provided in accordance with the provisions of Articles
10.2(4) and 10.2(5), the principal creditor’s rights arising during the period agreed in Articles 10.2(4) and 10.2(5) are guaranteed
by the Contract.

 

1.3
If the Guarantor provides the Debtor with maximum guarantee as stipulated in Articles 10.2(2), 10.2(3), 10.2(4) and 10.2(5) of the Contract,
the following provisions of this paragraph shall apply.

 

The
principal creditor’s rights guaranteed under the Contract shall be determined on the occurrence date of the last principal creditor’s
rights under all Master Contracts (“Determination Date of the Principal Creditor’s Rights”). If the Creditor cancels all the
credit lines according to the Master Contract, the date of canceling all the credit lines shall be the Determination Date of the principal
creditor’s rights.

 

The
principal creditor’s rights incurred on or before the Determination Date of the principal creditor’s right, and the interest (including
compound interest, penalty interest for overdue and misappropriation) for the period till the Guarantor undertake liability, liquidated
damages, damages and the Creditor’s expenses for realizing the Creditor’s rights agreed in Article 2.2 of the Contract are all within
the scope of the guarantee under the Contract.

 

    1

     

    

 

The
occurrence of principal creditor’s rights includes but is not limited to the issuance of loans, financing funds, overdrafts or bank acceptance
bills, L/Cs, guarantees or standby L/Cs by the Creditor.

 

▲▲
1.4 Regardless the actual amount of creditor’s rights enjoyed by the Creditor according to the Master Contract is lower or higher than
the maximum amount of creditor’s rights agreed in the Contract, the Guarantor’s guarantee liability according to the Contract shall not
be affected.

 

Article
2 Guarantee Liability

 

2.1
The guarantee under this Contract is a joint and several liability guarantee.

 

2.2
The scope of the guarantee is the principal and interest, compound interest and penalty interest of the principal creditor’s rights,
liquidated damages, damages and expenses for realizing creditor’s rights under all Master Contracts. The expenses for realizing creditor’s
rights include but are not limited to collection fees, legal fees (or arbitration fees), preservation fees, announcement fees, execution
fees, attorney fees, travel expenses and others.

 

2.3
The guarantee period shall be calculated separately according to the debt performance period of each principal debt agreed in the Master
Contract (if under the bank acceptance bill, L/C or letter of guarantee, according to the Creditor’s advance payment date). The guarantee
period of each principal debt starts from the expiration date of the debt performance period (or the date of advance payment by the Creditor)
ending three years after the expiration date of the performance period of the last principal debt due under all Master Contracts (or
the date of advance payment by the Creditor).

 

If
the Creditor and the Debtor agree that the Debtor can fulfill the repayment obligation in installments, the guarantee period of the principal
debt shall be calculated separately according to the repayment obligations of each installment, starting from the expiration date of
the debt performance period of each installment (or the date of advance payment by the Creditor) and ending three years after the expiration
date of the performance period of the final principal debt due under all Master Contracts (or the date of advance payment by the Creditor).

 

If
the Creditor declares an early maturity of any principal debt, the expiration date of the performance period of the principal debt shall
be subject to the announced early maturity date.

 

▲▲
2.4 If the guarantee is provided pursuant to Article 10.2 (1), the Guarantor shall have carefully read and confirmed all the terms and
conditions of the Master Contract.

 

If
the guarantee under the debt ceiling is provided in accordance with Articles 10.2(2), 10.2(3), 10.2(4) and 10.2(5), the Guarantor shall
have carefully read and confirmed all the terms and conditions of the Master Contract signed before the signing of the Contract. For
the Master Contract to be signed after the signing of the Contract, the Guarantor agrees that the Creditor and the Debtor need not notify
the Guarantor or obtain the Guarantor’s consent to sign the Master Contract, and the Guarantor will voluntarily contact the Debtor to
provide relevant documents.

 

▲▲
2.5 If the guarantee is provided pursuant to Article 10.2(1) and the Creditor and the Debtor change the Master Contract, the Guarantor
shall still undertake joint and several guarantee liabilities. However, in case of changes to the Master Contract without written consent
of the Guarantor and with contract amount increased, interest rate raised or debt performance period extended, the Guarantor shall only
bear the guarantee liabilities according to the amount, interest rate and time limit agreed in the original Master Contract; However,
in case the Creditor adjusts the interest rate (including raising the interest rate) or extends the debt performance period according
to the Master Contract on the premise that the Master Contract has not been changed, the Guarantor shall still bear all the guarantee
liabilities.

 

If
the maximum guarantee is provided in accordance with the provisions of Articles 10.2(2), 10.2(3), 10.2(4) and 10.2(5), the Creditor and
the Debtor can change the Master Contract, including but not limited to changing the amount, the credit period, the debt performance
period, the interest rate and other terms of the Master Contract without notifying the Guarantor nor getting his/her consent, and the
Guarantor shall still bear joint and several guarantee liabilities. However, for Articles 10.2(2) and 10.2(3), if the credit line of
the Master Contract is increased or the credit period is extended without written consent of the Guarantor, the Guarantor shall only
bear the guarantee liability for the principal creditor’s rights arising within the original credit period within the maximum creditor’s
rights agreed in the Contract; For Articles 10.2(4) and 10.2(5), regardless of any change in the Master Contract, the Guarantor shall
bear the guarantee liability for the principal creditor’s rights occurring within the period agreed in Articles 10.2(4) and 10.2(5) within
the maximum amount of creditor’s rights agreed in the Contract.

 

▲▲
2.6 Both parties to the Contract specifically agree as follows: the Guarantor shall bear joint and several liability for the return liability
and/or compensation liability undertook by the Debtor after the Master Contract is invalid.

 

    2

     

    

 

▲▲
2.7 The guarantee under the Contract is a continuous guarantee. Payment or settlement of any part of the Debtor’s guaranteed debts in
whole or in part shall not be deemed as release of the Guarantor’s guarantee liability under the Contract, and the Guarantor shall still
bear the liability according to the Contract.

 

▲▲
2.8 If the Creditor allows the Debtor to transfer all or part of the debts before all the debts under the Master Contract are paid off,
the Creditor shall dispense with the need to obtain written consent of the Guarantor, and the Guarantor shall still bear the guarantee
liability for all or part of the transferred debts.

 

▲▲
2.9 If a third party undertakes the debts before all the debts under the Master Contract are paid off, regardless the Creditor claims
the rights against the third party or partially/completely abandons the rights against the third party, the Guarantor shall bear joint
and several liability for the full amount of the principal creditor’s rights agreed in the Contract.

 

Article
3 Statement and Guarantee of Guarantor

 

3.1
The Guarantor has the capacity for civil rights and full capacity for civil conduct ( the Guarantor as a natural person)/the Guarantor
is legally established and validly existing according to law and has all necessary capacity for rights (the Guarantor as a non-natural
person), and can perform the obligations of the Contract and bear civil liabilities in its own name.

 

3.2
The signing and performance of the Contract is the true expression of the Guarantor’s intention, and has been subject to all necessary
consents, approvals and authorizations, without any legal defects.

 

3.3
All documents, materials and information provided by the Guarantor to the Creditor during the signing and performance of the Contract
are true, accurate, complete and valid.

 

▲▲
3.4 Neither the Guarantor nor its related parties is an enterprise or individual on the sanction list of the United Nations, the European
Union or the United States, or located in countries and regions sanctioned by the United Nations, the European Union or the United States.

 

▲▲
Article 4 Obligations of Guarantor

 

4.1
The Guarantor hereby irrevocably and unconditionally guarantees to the Creditor that if the Debtor fails to repay all or part of the
loan, the principal of the financing fund, the advance made by the Creditor or the corresponding interest in full and on time, the Guarantor
shall immediately pay all the money due and payable by the Debtor to the Creditor.

 

The
Guarantor agrees that: If the Master Contract is under the guarantee, mortgage or pledge provided by the Debtor or a third party at the
same time, the Creditor has the right to decide the exercise of guarantee rights, including but not limited to: the Creditor has the
right to require the Guarantor to pay all the money due and payable by the Debtor immediately without first exercising the real right
for security or claiming rights against other guarantors, and has the right to claim part or all of the real right for security against
one or more guarantors including the Guarantor, separately or simultaneously, regardless of sequence; If the Creditor waives or changes
the right for security to other guarantors or the right sequence of the real right for security, the Guarantors shall still bear the
guarantee liability according to the Contract without any exemption.

 

4.2
The Guarantor shall cooperate with the Creditor to supervise and inspect its income and credit status (the Guarantor as a natural person)/business
and financial status (the Guarantor as a non-natural person); Timely provide financial statements, other materials and information required
by the Creditor for post-loan risk management, and ensure that the documents, materials and information provided are true, complete and
accurate.

 

4.3
The Guarantor shall notify the Creditor in writing at least thirty days in advance of any of the following matters, and shall not take
the following actions without written consent from the Creditor before the Creditor’s rights are fully settled under the Master Contract:

 

(1) Sell,
donate, lease, lend, transfer, mortgage, pledge, or otherwise dispose of important assets, all or most of the assets;

 

(2) Make
significant changes to the management system or property right organization form, including but not limited to the implementation of
contracting, leasing, joint venture, corporate system transformation, joint-stock cooperative system transformation, enterprise sale,
acquisition (merger), joint venture (cooperation), division, establishment of subsidiaries, property right transfer, capital reduction,
etc.

 

    3

     

    

 

4.4
The Guarantor shall notify the Creditor in writing within seven days from the date the following events occur or may occur:

 

(1) Amend
the articles of association, change the industrial and commercial registration information such as the name, legal representative, domicile,
mailing address or business scope of the enterprise, and make decisions that have a significant impact on finance and personnel;

 

(2) Intend
to file for bankruptcy or may or has been filed for bankruptcy by the Creditor;

 

(3) Be
involved in major litigation, arbitration or administrative measures, or with major assets under property preservation or other enforcement
measures;

 

(4) Provide
guarantees to third parties, which materially and adversely affect its economic and financial situation or ability to fulfill its obligations
under the Contract;

 

(5) Sign
contracts that have a significant impact on its operation and financial situation;

 

(6) Stop
production, go out of business, dissolve, suspend business for rectification, have its business license revoked or withdrawn;

 

(7) The
Guarantor or its legal representative (person in charge) or key management personnel violate laws and regulations or applicable exchange
rules;

 

(8) Suffers
serious difficulties in operation, deterioration of financial situation, or other events that negatively impact the Guarantor’s operation,
financial situation or solvency or economic situation;

 

(9) The
Guarantor undergoes significant changes to its work and income or changes its contact information such as residence ( the Guarantor as
a natural person);

 

(10) The
Guarantor suffers a major safety or environmental protection accident;

 

(11) The
Guarantor undergoes significant equity change;

 

(12)
The audit opinion issued by the Guarantor’s external auditor on its financial statements is not a standard unqualified one;

 

(13) The
Guarantor has been or may be under investigation, punishment or other similar measures of competent authorities for violating laws, regulations
and/or regulatory requirements;

 

(14) The
Guarantor or its related party or its country and region is included in the sanction list of the United Nations, the European Union or
the United States.

 

4.5
The Guarantor hereby irrevocably and unconditionally agrees that until the Guaranteed Debts is fully paid off, she/she shall not exercise
any right or claim against the Debtor or other Guarantors that may harm the interests of the Creditor (including but not limited to the
Guarantor’s right to claim compensation against the Debtor or other Guarantors for the performance of the Contract). If the exercise
of any such right or claim by the Guarantor in contravention of this clause results in the receipt of any money from the Debtor, the
Guarantor shall immediately pay such money to the Creditor upon receipt.

 

4.6
Before the Debtor pays off all debts under the Master Contract in full, if the Debtor becomes the shareholder or the actual controller
of the Guarantor, the Guarantor shall immediately notify the Creditor and provide the resolution of the shareholders’ meeting (general
meeting of shareholders) on approval to provide guarantees.

 

4.7
The Guarantor undertakes to abide by the national anti-money laundering laws, regulations and relevant policies, not engage in activities
involving money laundering and terrorist financing, and actively cooperate with the Creditor to carry out various anti-money laundering
work such as customer identification, transaction record keeping, large-value and suspicious transaction reporting, etc.

 

4.8
The Guarantor undertakes that itself and its employees and agents will not provide, give, ask for or accept any form of material benefits
(including but not limited to cash, prepaid cards, travel, etc.) or other non-material benefits to or from the Creditor or its employees
in any form; and not use funds or services provided by the Creditor in any form, directly or indirectly, for activities related to corruption
or bribery. If the Guarantor knows any violation of this Article, he/she shall provide clues and relevant information to the Creditor
in a timely, truthful, complete and accurate manner, and assist in relevant matters according to the requirements of the Creditor.

 

    4

     

    

 

▲▲
Article 5 Deduction Agreement

 

5.1
The Guarantor authorizes the Creditor to deduct funds for settlement of debts due and payable by the Debtor or the Guarantor from any
account opened by the Guarantor in any branches of Bank of Communications Co., Ltd.

 

5.2
The Creditor shall notify the Guarantor of the account number, Master Contract number, Credit Use Application number, contract number,
deduction amount and debt balance of after the deduction.

 

5.3
If the Guarantor’s funds for debt repayment (including the Guarantor’s voluntary repayment and the Creditor’s deduction according to
the Contract) is not sufficient to pay off all the Guarantor’s debts:

 

(1) It
should be used to pay off the unpaid expenses due first. If the principal and interest of debts due are less than 90 days overdue, the
balance after repaying the expenses shall be used to repay the interest or penalty interest and compound interest due and then the principal
due and unpaid; If the principal or interest of debts due is overdue for 90 days or more, the balance after repaying the expenses shall
be used to repay the principal due and unpaid, and then the interest, penalty interest and compound interest due and unpaid;

 

(2) If
it is under the business of issuing bank acceptance bills, L/Cs, guarantee letters, export factoring, etc., the balance after repaying
expenses shall be first used to repay the principal due and unpaid, and then the interest or penalty interest and compound interest due
and unpaid;

 

(3) If
the Guarantor has multiple debts (including the debts of the Guarantor to the Creditor under other contracts), the Creditor has the right
to decide the settlement and repayment sequence of the Guarantor’s debts at discretion, provided the repayment sequence does not violate
the mandatory provisions of laws, rules, regulations and relevant regulatory requirements applicable to the Creditor. The Creditor shall
notify the Guarantor of the result of debt repayment. Unless otherwise agreed by both parties on the matters in this paragraph.

 

(4)
If is under personal loans, the order of debt payment shall be agreed upon in the Master Contract.

 

5.4
If the currency of the deducted funds is inconsistent with that of the debt to be repaid, it shall be converted at the exchange rate
released by Bank of Communications Co., Ltd. at the time of deduction. If it is necessary to go through the formalities of settlement
and sale of foreign exchange or foreign currency exchange, the Guarantor shall have the obligation to assist the Creditor in handling
such formalities as required by the Creditor.

 

▲▲
Article 6 Notification

 

6.1
The contact information (including mailing address, telephone number, fax number, email, etc.) filled in by the Guarantor in the Contract
is true and valid. In case of any change of contact information, the Guarantor shall immediately post/send the new information in writing
to the mailing address filled out by the Creditor in the Contract. Such changes shall become effective upon receipt by the Creditor of
the notification of change.

 

6.2
Unless otherwise expressly agreed in the Contract, any notification given by the Creditor to the Guarantor shall be made by the Creditor
in any of the following means. The Creditor has the right to choose the means of notification he/she think proper, and are not liable
for transmission errors, omissions or delays in postal, facsimile, telephone, telex or any other communication system. If the Creditor
chooses multiple notification methods at the same time, the one that reaches the Guarantor first shall prevail. If the Creditor gives
more than one notification to the Guarantor on the same matter with different contents, unless otherwise expressly stated in the notification,
the notification sent last shall prevail.

 

(1) The
announcement shall be deemed as delivered on the date when the Creditor issues the announcement on its website, online banking, telephone
banking or business outlets;

 

(2) Hand
delivery shall be deemed as delivered on the date when the Guarantor signs for it;

 

(3) Postal
delivery (including express mail, ordinary mail and registered mail) to the Guarantor’s mailing address as recently known to the Creditor
shall be deemed as delivered on the 3rd day (intra-city)/5th day (cross-city) after the mailing date;

 

    5

     

    

 

(4) Delivery
via fax, mobile phone short message or other electronic communication means to the Creditor’s latest known fax number, mobile phone number,
e-mail address or WeChat ID designated by the Guarantor shall be deemed as delivered on the sending date. The aforementioned delivery
shall be deemed as effective when the relevant information enters the server terminal of the service provider, instead when it is actually
displayed at the customer’s terminal.

 

6.3
The Guarantor agrees that unless the Creditor receives written notification about the change of contact information, the address filled
in by the Guarantor in the Contract shall be the one that The court serve judicial documents and other written documents to the Guarantor.
The above-mentioned service address shall be applicable to all judicial procedures including but not limited to mediation in advance,
first trial, second trial, retrial and bankruptcy, and execution procedures in civil litigation. If the Guarantor responds to the lawsuit
and directly submits the Confirmation of Service Address to the court, and the confirmed address is inconsistent with the Creditor’s
latest known contact information, the court has the right to serve to the address in the Confirmation of Service Address.

 

The
court shall have the right to serve on the Guarantor any (legal) document, including judgment, ruling, conciliation, etc. by any means
of communication agreed in Article 6.2. The court shall have the right to choose such means of communication as it thinks proper and
shall not be liable for transmission errors, omissions or delays in postal, facsimile, telephone, telex or any other communication system.
If the court chooses multiple modes of communication at the same time, the one that arrives at the Guarantor first shall prevail.

 

6.4
This clause is an independent dispute settlement one in the Contract and shall survive if the Contract is invalid, revoked or terminated.

 

▲▲
Article 7 Information Disclosure and Confidentiality

 

7.1
For the undisclosed information and materials of the Guarantor obtained and known during the signing and performance of the Contract,
the Creditor shall not violate laws, regulations and regulatory requirements during the use of relevant information and materials (including
but not limited to collection, storage, use, processing, transmission, provision and disclosure, etc.), and shall bear the liability
of confidentiality according to law and shall not disclose such information and materials to any third parties, except for the following
circumstances:

 

(1) Disclosure
required by applicable laws and regulations;

 

(2) Disclosure
required by the judicial department or regulatory agency according to law;

 

(3) Disclosure
by the Creditor to its external professional consultant and allow them to use on the basis of confidentiality for the purpose of realizing
the Creditor’s rights under the Contract;

 

(4)
Other reasonable disclosure to safeguard public interests or protect the legitimate rights and interests of the Guarantor;

 

(5)
Disclosure otherwise agreed or authorized by the Guarantor to the Lender.

 

7.2
The Guarantor confirms that it has signed the Authorization Letter for Credit Information Inquiry and Provision. The Creditor
shall inquire, use and keep the credit information of the Guarantor within the scope specified in the Authorization Letter.

 

7.3
Except as provided in Articles 7.1 and 7.2 of the Contract, the Guarantor further agrees that Bank of Communications Co., Ltd. may use
or disclose his/her information and materials under the following circumstances, including but not limited to the Guarantor’s basic information,
credit transaction information, bad information and other relevant information and materials, and is willing to bear all the consequences
arising therefrom:

 

Disclose
to and allow the use of such information and materials on the basis of confidentiality by outsourcing institutions, third-party service
providers, other financial institutions and other institutions or individuals deemed necessary by the Creditor, including but not limited
to other branches of Bank of Communications Co., Ltd., Or a subsidiary wholly or partially owned by Bank of Communications Co., Ltd.
for the following purposes: 1 To carry out bank credit business or bank credit related business, such as promoting the credit business
of Bank of Communications Co., Ltd., collecting the arrears of the Guarantor, transferring the Creditor’s rights of bank credit business,
etc.; 2 Providing or possibly providing new products or services or providing further services for the Creditor to the Guarantor.

 

Regardless
of whether Article 7.3 is applicable, the agreement of both parties in Article 12.1 of the Contract shall prevail.

 

    6

     

    

 

Article
8 Arbitration

 

The
Contract shall be governed by the laws of the People’s Republic of China (excluding the laws of Hong Kong, Macao and Taiwan for the purposes
of the Contract). Disputes under the Contract shall be brought to the court with jurisdiction where the Creditor is located, unless otherwise
agreed in the terms of “Other Agreed Matters” of the Contract. During the dispute, the parties shall continue to perform the
terms not involved in the dispute.

 

Article
9 Effectiveness of Contract

 

The
Contract shall come into effect as of the date when all the following conditions are satisfied: (1) the legal representative (person
in charge) or authorized representative of the Guarantor sign (or seal) and affix the official seal; the Guarantor as a natural person
shall sign; (2) the person in charge or authorized representative of the Creditor sign (or seal) and affix the special seal for contract.

 

Article
10 Master Contract of Guarantee

 

10.1
The guaranteed debtor is United Time Technology Co., Ltd.

 

10.2
The guarantee provided by the Contract shall be governed by the following Article ___________:

 

(1) Guarante.
Master contract number of guarantee:_________________________________________________

 

Name:
_______________________________________________________________________________________________;

 

(2) Maximum
Guarantee. Master contract number of guarantee:_______________________________________________________________________________________

 

Name:___________________________________________________________;
The maximum amount of creditor’s rights guaranteed by the Guarantor is (currency): _____________________(in words): _________________________

 

(3) Maximum
Guarantee. Master contract number of guarantee:_______________________________________________________________________________________

 

Name:
__________________________________________________; The maximum amount of creditor’s rights guaranteed by the Guarantor is the sum of
the following two: 1 Maximum amount of principal balance of guaranteed principal creditor’s rights (currency):__________________________(in
words):________________________________. The term “maximum principal balance of guaranteed principal creditor’s rights” as
mentioned in this paragraph refers to the maximum principal balance of principal creditor’s rights (including contingent creditor’s rights)
guaranteed by the guarantor of the Master Contract; 2 Interest (including compound interest, penalty interest for overdue and misappropriation),
liquidated damages, damages and expenses for the Creditor to realize creditor’s rights as agreed in Article 2.2 of the Contract when
the aforesaid principal creditor’s rights sustain until the Guarantor assumes liability.

 

Principal
balance refers to the sum of any or multiple of the following:

 

i.
The sum of principal amounts of loans, overdrafts, discounts and/or trade financing funds issued by the Creditor under the Master Contract
and unpaid by the Debtor;

 

ii.
The sum of bank acceptance bills, L/Cs or guarantee letters issued by the Creditor and still in force under the Master Contract, and
the sum of amounts paid by the Creditor under the aforesaid bank credit business and unpaid by the Debtor.

 

iii The
sum of the amount of creditor’s rights (including creditor’s contingent rights) enjoyed by the Creditor against the Debtor due to other
bank credit business.

 

(4)
Maximum Guarantee. The Guarantor shall provide the maximum guarantee for all Master Contracts signed between the Creditor and the Debtor
from MM/DD/YY to MM/DD/YY,(currency and amount in words), and the maximum amount of the Creditor’s rights is (currency
and amount in words)

 

The
Master Contract mentioned in the preceding paragraph refers to □ all line of credit business contracts □all line of credit
business contracts for handling___________________ signed by the Creditor and the Debtor.

 

    7

     

    

 

(5)
Maximum Guarantee. The Guarantor shall provide the maximum guarantee for all Master Contracts signed between the Creditor and the Debtor
from MM/DD/YY to MM/DD/YY, and the maximum amount of creditor’s rights guaranteed is the sum of the following two: 1
The maximum principal amount of guaranteed principal creditor’s rights (currency and amount in words):_______________________________,
The term “maximum principal balance of guaranteed principal creditor’s rights” as mentioned in this paragraph refers to the
maximum principal balance of principal creditor’s rights (including contingent creditor’s rights) guaranteed by the Guarantor under the
Master Contract; 2 Interest (including compound interest, penalty interest for overdue and misappropriation), liquidated damages,
damages and expenses for the Creditor to realize creditor’s rights as agreed in Article 2.2 of the Contract when the aforesaid principal
creditor’s rights sustain until the Guarantor assumes liability.

 

The
Master Contract mentioned in the preceding paragraph refers to □all line of credit business contracts □all line of credit
business contracts for handling_____________ signed by the Creditor and the Debtor.

 

Principal
balance refers to the sum of any or multiple of the following:

 

i.
The sum of principal amounts of loans, overdrafts, discounts and/or trade financing funds issued by the Creditor under the Master Contract
and unpaid by the Debtor;

 

ii.
The sum of bank acceptance bills, L/Cs or guarantee letters issued by the Creditor and still in force under the Master Contract, and
the sum of amounts paid by the Creditor under the aforesaid bank credit business and unpaid by the Debtor.

 

iii.
The sum of the amount of Creditor’s rights (including contingent claims) enjoyed by the Creditor against the Debtor due to other bank
credit business.

 

Article
11 Contact Information

 

The
contact information of the Guarantor for receiving the notification agreed in Article 6 includes:

 

Mailing
address: 7/F, Block A, Building 5, Software Industry Base, Nanshan District, Shenzhen

 

	Recipient: Bao Minfei	WeChat:_____________________________
	 	 
	Zip code: 518000	Tel:_________________________________
	 	 
	Fax: 13805729242	Mobile Number:_______________________

 

Email
Address:______________________________________________________________

 

Article
12 Miscellaneous

 

12.1
Both parties agree that Article 7.3 shall □apply □not apply to the Contract.

 

12.2
Both parties agree that the court of jurisdiction agreed in Article 8 of the Contract shall be changed from “the court with jurisdiction
in the place where the Creditor is located” to: _____

 

12.3
Both parties agree that the dispute settlement method agreed in Article 8 of the Contract shall be amended as follows: Disputes under
the Contract shall be settled in the following ________ method. (1) Bring the case to the court with jurisdiction in the place where
______ is located; (2) Arbitration shall be conducted by Shenzhen International Arbitration Court (Shenzhen Arbitration Commission) in accordance with the arbitration rules in force at the time of applying for arbitration. ______

 

_______________________________________________________________________________________________ 

 

_______________________________________________________________________________________________

 

_______________________________________________________________________________________________

 

_______________________________________________________________________________________________

 

Article
13 Number of Contract Duplicates

 

The
Contract is made in ______, with ______copy/copies for each party.

 

Guarantor:
Bao Minfei, Ping Qiuzi____________________________________________________________________

 

Legal
representative (person in charge):________________________________________________________________

 

    8

     

    

 

Type
of ID: Identification card  ID No.: 510402197304140958, 330702198608251240

 

Legal
(household registration) address:_________________________________________________________________

 

Creditor:
Shenzhen (Branch) Bank of Communications Co., Ltd.

 

Person
in charge: Tang Ling_________________________________________________________________________

 

Mailing
address: Century Place, No. 3018, Shennan Middle Road, Futian District, Shenzhen_______________________

 

	The
    Guarantor has read through all the terms of the Contract, and the Creditor has made a detailed explanation at the request of the
    Guarantor. The Guarantor has no doubt and objection to any of the contents, and understands the meaning and legal consequences of
    the terms of the Contract, especially the terms marked with ▲▲when signing the Contract.

 

(Remainder
of page intentionally left blank)

 

	(Signing page)	 	Bank of Communications, Shenzhen
    branch (Seal)
	 	 	 
	/s/ Qiuzi Ping (Fingerprint affixed)	 	/s/ Jinjie Liu
	 	 	 
	/s/ Minfei Bao (Fingerprint affixed)	 	 

 

	

     

     

    

     

    Guarantor
(official seal/signature)

    
	 

     

     

     

    Creditor
    (special seal for contract)

    

	 	 
	Legal
        representative (person in charge) or authorized representative

    

    (signature
    or seal)

     
	Person
        in charge or authorized representative

    

    (signature
    or seal)

     

	Signature
date: July 14, 2021	Signature
date: July 14, 2021

  

Co-owner
declaration clause (applicable to the Guarantor as a natural person):

 

I
(name:________________type of ID:________________________ ID No.: ______________________________) is the spouse of the Guarantor. I have
carefully read and confirmed all the clauses of the Contract, and know and agree that the Guarantor shall provide guarantee for the Debtor
to the Creditor, and the debts based on this guarantee shall be the joint debts of husband and wife, which shall be paid off by the joint
property of husband and wife.

 

Signature
of co-owner:

MM/DD/YY

 

 

9

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