Document:

EX-10.8

 Exhibit 10.8 

Voting Rights Proxy and Financial Supporting Agreement 

This Voting Rights Proxy and Financial Supporting Agreement (the “Agreement”) is executed by and among the following Parties as of
September 28, 2019 in Shanghai, the People’s Republic of China (“China” or the “PRC”): 
  

			
	Party A:	  	The undersigned shareholders
		
	Address:	  	See the address in the signature pages
		
	Party B:	  	Hywin Enterprise Management Consulting (Shanghai) Co., Ltd.
		
	Address:	  	202, No.8, Middle Yincheng Rd, Pudong District, Shanghai
		
	Party C:	  	Hywin Wealth Management Co., Ltd.
		
	Address:	  	Room 302, 8 Yincheng Middle Road, China (Shanghai) Pilot Free Trade Zone, PRC

 In this Agreement, Party A shall be collectively referred to as “Party A” or the “Entrusting Party”; each
of Party A, Party B and Party C shall be referred to as a “Party” respectively, and they shall be collectively referred to as the “Parties”. 

  
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Voting Rights Proxy and Financial Supporting Agreement 

 Whereas: 
  

	1.	 Party A, the shareholders of Party C, collectively own 100% of the equity interest in Party C in record.

  

	2.	 The Entrusting Party is willing to unconditionally entrust Party B or Party B’s designee to vote on his or
her behalf at the shareholders’ meeting of Party C, and Party B is willing to accept such proxy on behalf of Entrusting Party. 

Therefore, the Parties hereby agree as follows: 
  

	1.	 PROXY OF VOTING RIGHTS 

 

	1.1	 Entrusting Party hereby irrevocably covenants that, he/she shall execute the Power of Attorney
(“POA”) set forth in Exhibit upon signing this Agreement and entrust Party B or Party B’s designee (“Designee”) to exercise all his or her rights as the shareholders of Party C under the Articles of Association of Party C,
including without limitation to: 

  

	 	(1)	 propose to hold a shareholders’ meeting in accordance with the Articles of Association of Party C and
attend shareholders’ meetings of Party C as the agent and attorney of Entrusting Party; 

  

	 	(2)	 exercise all shareholder’s voting rights with respect to all matters to be discussed and voted in the
shareholders’ meeting of Party C, including but not limited to designate and appoint the director, the chief executive officer and other senior management members of Party C; 

  
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Voting Rights Proxy and Financial Supporting Agreement 

	 	(3)	 exercise other voting rights the shareholders are entitled to under the laws of China promulgated from time to
time; and 

  

	 	(4)	 exercise other voting rights the shareholders are entitled to under the Articles of Association of Party C
amended from time to time; 

 Party B hereby agrees to accept such proxy as set forth in Clause 1.1. Upon receipt of the
written notice of change of Designee from Party B, the Entrusting Party shall immediately entrust such person to exercise the rights set forth in Clause 1.1. Except the aforesaid situation, the proxy shall be irrevocable and continuously valid. 

 

	1.2	 The Entrusting Party hereby acknowledges and ratify all the actions associated with the proxy conducted by the
Designee. 

  

	1.3	 The Parties hereby confirm that, Designee is entitled to exercise all proxy rights without the consent of
Entrusting Party. 

  

	2.	 RIGHTS TO INFORMATION 

 

	2.1	 For the purpose of this Agreement, the Designee is entitled to request relevant information of Party C and
inspect the materials of Party C. Party C shall provide appropriate assistance to the Designee for his/her work. 

  

	2.2	 The Entrusting Party and Party C shall immediately inform Party B once the proxy matter happens.

  
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Voting Rights Proxy and Financial Supporting Agreement 

	3.	 PERFORMANCE OF PROXY RIGHTS 

 

	3.1	 The Entrusting Party shall provide appropriate assistance to the Designee for the performance of proxy rights
provided in this Agreement, including signing and executing the shareholders’ resolution and other relevant legal documents (if applicable) which have been confirmed by the Designee. 

 

	3.2	 In the event that one or several of the provisions of this Agreement are found to be invalid, illegal or
unenforceable in any aspect in accordance with any laws or regulations, the validity, legality or enforceability of the remaining provisions of this Agreement shall not be affected or compromised in any aspect. The Parties shall strive in good faith
to replace such invalid, illegal or unenforceable provisions with effective provisions that accomplish to the greatest extent permitted by law and the intentions of the Parties, and the economic effect of such effective provisions shall be as close
as possible to the economic effect of those invalid, illegal or unenforceable provisions. 

  

	4.	 FINANCIAL SUPPORTING 

In consideration of the foregoing grant of voting rights by the Entrusting Party, Party B agrees to arrange for funds to be provided as
necessary to Party C in connection with the business (the “Financial Support”). Party B further agrees that should the business fails in the ordinary course of business, and as a result Party C is unable to repay the Financial Support, the
Party C shall have no repayment obligation. 

  
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Voting Rights Proxy and Financial Supporting Agreement 

	5.	 REPRESENTATIONS AND WARRANTIES 

 

	5.1	 The Entrusting Party hereby represents and warrants to Party B as follows: 

 

	 	(1)	 The Entrusting Party has full power and legal right to enter into this Agreement and perform his or her
obligations under this Agreement and in executing the POA; This Agreement and the POA constitute legal, valid, binding and enforceable obligation of each Entrusting Party. 

 

	 	(2)	 Each Entrusting Party has necessary authorization for the execution and delivery of this Agreement, and the
execution, delivery and performance of this Agreement will not conflict with or violate any and all constitutional documents of Party C. 

  

	 	(3)	 Each Entrusting Party is the lawfully registered and beneficial owner of the shares of Party C, and none of the
shares held by the Entrusting Party is subject to any encumbrance or other restrictions, except as otherwise provided under the Equity Pledge Agreement and Equity Option Agreement entered into by and between Party B, Party C and the Entrusting
Party. According to this Agreement, the Designee has full power and legal rights to exercise the proxy rights according to the Articles of Association of Party C. 

 

	5.2	 Party C hereby represents and warrants as follows: 

 

	 	(1)	 Party C is a company legally registered and validly existing in accordance with the laws of China and has
independent legal person status, and has full and independent civil and legal capacity to execute, deliver and perform this Agreement. It can sue and be sued as a separate entity; 

  
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Voting Rights Proxy and Financial Supporting Agreement 

	 	(2)	 Party C has taken all necessary corporate actions, obtained all necessary authorization and the consent and
approval from third parties and government agencies (if any) for the execution and performance of this Agreement. Party C’s execution and performance of this Agreement do not violate any explicit requirements under any law or regulation binding
on Party C. 

  

	 	(3)	 Each Entrusting Party is the lawfully registered and beneficial owner of the shares of Party C, and none of the
shares held by the Entrusting Party is subject to any encumbrance or other restrictions, except as otherwise provided under the Equity Pledge Agreement and Equity Option Agreement entered into by and between Party B, Party C and the
Entrusting Party. According to this Agreement, the Designee has full power and legal rights to exercise the proxy rights according to the Articles of Association of Party C. 

 

	6.	 TERM OF THIS AGREEMENT 

 

	6.1	 This Agreement shall become effective upon and from the date on which it is signed by the authorized
representative and seal of each Party, with a term of twenty (20) years. The Parties agree that, this Agreement can be extended only if Party B gives its written consent of the extension of this Agreement before the expiration of this Agreement
and the other Parties shall agree with this extension without reserve. 

  

	6.2	 If the Entrusting Party has transferred all his or her equity interests in Party C subject to the prior consent
of Party B, the obligations and warranties under this Agreement of the Entrusting Party shall be undertaken by the assignee. 

  
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Voting Rights Proxy and Financial Supporting Agreement 

	7.	 NOTICES 

  

	7.1	 All notices and other communications required or permitted to be given pursuant to this Agreement shall be
delivered personally or sent by registered mail, postage prepaid, by a commercial courier service to the address of such Party set forth below. A confirmation copy of each notice shall also be sent by email. The dates on which notices shall be
deemed to have been effectively given shall be determined as follows: 

 Notices given by personal delivery, by courier
service or by registered mail, postage prepaid, shall be deemed effectively given on the date of acceptance or refusal at the address specified for notices. 
  

	7.2	 For the purpose of notices, the addresses of the Parties are as follows: 

 

			
	Party A:    	  	The undersigned shareholders
		
	Address:	  	See the address in the signature pages
		
	Party B:	  	Hywin Enterprise Management Consulting (Shanghai) Co., Ltd.
		
	Address:	  	202, No.8, Middle Yincheng Rd, Pudong District, Shanghai
		
	Attn:	  	
		
	Party C:	  	Hywin Wealth Management Co., Ltd.
		
	Address:	  	Room 302, 8 Yincheng Middle Road, China (Shanghai) Pilot Free Trade Zone, PRC
		
	Attn:	  	GONG, Qiaoli

  
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Voting Rights Proxy and Financial Supporting Agreement 

	7.3	 If any Party change its address for notices or its contact person, a notice shall be delivered to the other
Party in accordance with the terms hereof. 

  

	8.	 CONFIDENTIALITY 

The Parties acknowledge that the existence and the terms of this Agreement and any oral or written information exchanged between the Parties in
connection with the preparation and performance this Agreement are regarded as confidential information. Each Party shall maintain confidentiality of all such confidential information, and without obtaining the written consent of the other Party, it
shall not disclose any relevant confidential information to any third parties, except for the information that: (a) is or will be in the public domain (other than through the receiving Party’s unauthorized disclosure); (b) is under the
obligation to be disclosed pursuant to the applicable laws or regulations, rules of any stock exchange, or orders of the court or other government authorities; or (c) is required to be disclosed by any Party to its shareholders, investors, legal
counsels or financial advisors regarding the transaction contemplated hereunder, provided that such shareholders, investors, legal counsels or financial advisors shall be bound by the confidentiality obligations similar to those set forth in this
Section. Disclosure of any confidential information by the staff members or agencies hired by any Party shall be deemed disclosure of such confidential information by such Party, which Party shall be held liable for breach of this Agreement. This
Section shall survive the termination of this Agreement for any reason. 

  
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Voting Rights Proxy and Financial Supporting Agreement 

	9.	 LIABILITY FOR BREACH OF AGREEMENT 

 

	9.1	 The Parties agree and confirm that, if either Party is in breach of any provisions herein or fails to perform
its obligations hereunder, such breach or failure shall constitute a default under this Agreement, which shall entitle the non-defaulting Party to request the defaulting Party to rectify or remedy such default
with a reasonable period of time. If the defaulting Party fails to rectify or remedy such default within the reasonable period of time or within 10 days of non-defaulting Party’s written notice requesting
for such rectification or remedy, then the non-defaulting Party shall be entitled to elect the following remedial actions: 

 

	 	(1)	 If the defaulting Party is any Entrusting Party or Party C, then Party B has the right to terminate this
Agreement and request the defaulting Party to fully compensate its losses and damages; 

  

	 	(2)	 If the defaulting Party is Party B, then the non-defaulting Party has
the right to request the defaulting Party to fully compensate its losses and damages, but in no circumstance shall the non-defaulting Party early terminate this Agreement unless the applicable law provides
otherwise. 

  

	9.2	 Notwithstanding otherwise provided under this Agreement, the validity of this Section shall not be affect by
the suspension or termination of this Agreement. 

  
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Voting Rights Proxy and Financial Supporting Agreement 

	10.	 GOVERNING LAW AND DISPUTE RESOLUTION 

 

	10.1	 The execution, effectiveness, interpretation, performance, amendment, termination and dispute resolution shall
be governed by the law of the People’s Republic of China. 

  

	10.2	 In the event of any dispute with respect to this Agreement, the Parties shall first resolve the dispute through
friendly negotiations. In the event the Parties fail to reach an agreement on the dispute, either Party may submit the relevant dispute to the Shanghai Branch of China International Economic and Trade Arbitration Commission for arbitration, in
accordance with its Arbitration Rules. The arbitration shall be conducted in Shanghai, and the language used in arbitration shall be Chinese. The arbitration award shall be final and binding on all Parties. 

 

	11.	 ASSIGNMENT 

  

	11.1	 Without Party B’s prior written consent, other Parties shall not assign its rights and obligations under
this Agreement to any third party. Entrusting Party and Party C agrees that Party B may assign its obligations and rights under this Agreement to any third party upon a prior written notice to Entrusting Party and Party C. 

 

	11.2	 This Agreement shall be binding on the legal successors of the Parties. 

  
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Voting Rights Proxy and Financial Supporting Agreement 

	12.	 MISCELLANEOUS 

 

	12.1	 The rights and remedies provided for in this Agreement shall be accumulative and shall not affect any other
rights and remedies stipulated at law. 

  

	12.2	 Any Party may waive the terms and conditions of this Agreement, provided that such a waiver must be provided in
writing and shall require the signatures of the Parties. No waiver by any Party in certain circumstances with respect to a breach by other Parties shall operate as a waiver by such a Party with respect to any similar breach in other circumstances.

  

	12.3	 The headings of this Agreement are for convenience only, and shall not be used to interpret, explain or
otherwise affect the meanings of the provisions of this Agreement. 

  

	12.4	 Any amendment, change and supplement to this Agreement shall require the execution of a written agreement by
all of the Parties. 

  

	12.5	 This Agreement shall be signed in Chinese and English language bearing the same legal effect. In the event of
any inconsistency between the Chinese and English language, the Chinese version of this Agreement shall prevail. This Agreement shall have four ([4]) counterparts, with each party holding one (1) original. All counterparts shall be given the
same legal effect. 

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Voting Rights Proxy and Financial Supporting Agreement 

 [Signature Page] 

IN WITNESS WHEREOF, the Parties have caused their authorized representatives to execute this Voting Rights Proxy and Financial Supporting Agreement as of the
date first above written. 
  

			
	Party A:	  	Hywin Financial Holding Group Co., Ltd.
		
	Shareholding Ratio:	  	85%
		
	Address:	  	43th floor, 8 Yincheng Middle Road, Pudong New District, Shanghai, PRC.
		
	By:	  	 /s/ Hywin Financial Holding Group Co.,
Ltd.                        

  
 Voting Rights Proxy and
Financial Supporting Agreement 

 [Signature Page] 

IN WITNESS WHEREOF, the Parties have caused their authorized representatives to execute this Voting Rights Proxy and Financial Supporting Agreement as of the
date first above written. 
  

			
	Party A:	  	WANG, Pei
		
	Shareholding Ratio:	  	15%
		
	Address:	  	No. 51, Building 9, Block 49 Zhengtong Road, Erqi District, Zhengzhou City, PRC.
		
	By:	  	/s/ WANG, Pei                    

  
 Voting Rights Proxy and
Financial Supporting Agreement 

 [Signature Page] 

IN WITNESS WHEREOF, the Parties have caused their authorized representatives to execute this Voting Rights Proxy and Financial Supporting Agreement as of the
date first above written. 
  

			
	Party B:	  	Hywin Enterprise Management Consulting (Shanghai) Co., Ltd. (seal)
		
	Name:	  	WANG, Dian
		
	Title:	  	Authorized Representative
		
	By:	  	/s/ WANG, Dian                     

  
 Voting Rights Proxy and
Financial Supporting Agreement 

 [Signature Page] 

IN WITNESS WHEREOF, the Parties have caused their authorized representatives to execute this Voting Rights Proxy and Financial Supporting Agreement as of the
date first above written. 
  

			
	Party C:	  	 Hywin Wealth Management Co., Ltd. (seal)

		
	Name:	  	 GONG, Qiaoli

		
	Title:	  	 Authorized Representative

		
	By:	  	/s/ GONG, Qiaoli                     

  
 Voting Rights Proxy and
Financial Supporting Agreement 

 Exhibit 

Power of Attorney 
 The undersigned in the
signature pages, holders of 100% of the entire registered capital (“Our Company’s Shareholding”) in Shanghai Hywin Network Technology Co., Ltd. (“Domestic Company”), hereby irrevocably authorize Hywin Enterprise Management
Consulting (Shanghai) Co., Ltd. (“Designee”) to exercise the following rights relating to Our Company’s Shareholding during the term of this Power of Attorney: 

The Designee is hereby authorized to act on behalf of our company as my exclusive agent and attorney with respect to all matters concerning Our Company’s
Shareholding, including without limitation to: 1) attend shareholders’ meetings of Domestic Company; 2) exercise all the shareholder’s rights and shareholder’s voting rights our company is entitled to under the laws of China and
Articles of Association of Domestic Company, including but not limited to the sale or transfer or pledge or disposition of Our Company’s Shareholding in part or in whole; and 3) designate and appoint on behalf of our company the legal
representative (chairperson), the director, the supervisor, the chief executive officer and other senior management members of Domestic Company. 

  
 Voting Rights Proxy and
Financial Supporting Agreement 

 Without limiting the generality of the powers granted hereunder, the Designee shall have the power and
authority under this Power of Attorney to execute the Transfer Contracts stipulated in Equity Option Agreement, to which our company is required to be a party, on behalf of our company, and to effect the terms of the Equity Pledge Agreement and
Equity Option Agreement, both dated the date hereof, to which our company is a party. 
 All the actions associated with Our Company’s Shareholding
conducted by the Designee shall be deemed as our company’s own actions, and all the documents related to Our Company’s Shareholding executed by the Designee shall be deemed to be executed by our company. Our company hereby acknowledges and
ratifies those actions and/or documents by the Designee. 
 Unless Designee issues an instruction to our company to change the Designee, this Power of
Attorney is coupled with an interest and shall be irrevocable and continuously valid from the date of execution of this Power of Attorney, so long as we are the shareholder of Domestic Company. 

During the term of this Power of Attorney, our company hereby waive all the rights associated with Our Company’s Shareholding, which have been authorized
to the Designee through this Power of Attorney, and shall not exercise such rights by our company. 
 This Power of Attorney is written in Chinese and
English; in case there is any conflict between the Chinese version and the English version, the Chinese version shall prevail. 
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Remainder of this page is intentionally left blank] 

  
 Voting Rights Proxy and
Financial Supporting Agreement 

 [Signature Page] 
  

			
	Authorizer:	  	Hywin Financial Holding Group Co., Ltd.
		
	Shareholding Ratio:	  	85%
		
	Address:	  	43th floor, 8 Yincheng Middle Road, Pudong New District, Shanghai, PRC.
		
	By:	  	/s/ Hywin Financial Holding Group Co., Ltd.                 

  
 Voting Rights Proxy and
Financial Supporting Agreement 

 [Signature Page] 
  

			
	Authorizer:	  	WANG, Pei
		
	Shareholding Ratio:	  	15%
		
	Address:	  	No. 51, Building 9, Block 49 Zhengtong Road, Erqi District, Zhengzhou City, PRC.
		
	By:	  	/s/ WANG, Pei                     

  
 Voting Rights Proxy and
Financial Supporting Agreement 

 [Signature Page] 
  

			
	Designee:	  	Hywin Enterprise Management Consulting (Shanghai) Co., Ltd. (seal)
		
	Name:	  	WANG, Dian
		
	Title:	  	Authorized Representative
		
	By:	  	/s/ WANG, Dian                         

  
 Voting Rights Proxy and
Financial Supporting Agreement 

 [Signature Page] 
  

			
	Witness:	 	
		
	Title:	 	
		
	By:	 	  

		
	Date:	 	2019

  
 Voting Rights Proxy and
Financial Supporting AgreementEX-10.9

 Exhibit 10.9 

Technical Consultation and Service Agreement 

This Technical Consultation and Service Agreement (this “Agreement”) is made and entered into by and between the following parties on
September 29, 2019 in Shanghai, the People’s Republic of China (“China” or the “PRC”): 
  

			
	Party A:	  	Hywin Enterprise Management Consulting (Shanghai) Co., Ltd.
		
	Address:	  	202, No.8, Middle Yincheng Rd, Pudong District, Shanghai
		
	Party B:	  	Shanghai Hywin Network Technology Co., Ltd.
		
	Address:	  	Room J1097, Building No. 1, 2222 Huancheng Road, Juyuan New District, Jiading District, Shanghai, PRC

 Each of Party A and Party B shall be hereinafter referred to as a “Party” respectively, and as the
“Parties” collectively. 

  
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Technical Consultation and Service Agreement 

 Whereas, 
  

	1.	 Party A is a wholly-foreign-owned enterprise established in China, and has the necessary resources to provide
consulting services; 

  

	2.	 Party B is a company with exclusively domestic capital registered in China and needs Party A’s support and
services during its business operation. 

 NOW THEREFORE, through friendly consultation, Party A and Party B hereby agree to enter into
and perform this Agreement. 
  

	1.	 MANAGEMENT CONSULTING AND SERVICES 

 

	1.1	 Party A hereby agrees to provide consultation and services to Party B in the area of human resources, IT and
intellectual properties, and Party B hereby agrees to accept such management consultation and services in accordance with the terms and conditions under this Agreement. The management consultation and services provided by Party A include:

  

	 	(1)	 be responsible for providing training and technical support to the staff of Party B; 

 

	 	(2)	 be responsible for providing consultation services regarding the marketing of Party B; 

  
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Technical Consultation and Service Agreement 

	 	(3)	 be responsible for providing general advice and assistance relating to the management and operation of Party
B’s business; 

  

	 	(4)	 be responsible for providing other consultation and services which are necessary for Party B’s businesses.

  

	1.2	 Party B shall provide appropriate assistance to Party A for its work, including but not limited to providing
the relevant data, engineering requirement and technical directions. 

  

	1.3	 The term of this Agreement is twenty (20) years. The Parties agree that, this Agreement can be extended
only if Party A gives its written consent of the extension of this Agreement before the expiration of this Agreement and Party B shall agree with this extension without reserve. If Party B’s operation term is required to extended, Party B shall
use its best efforts to renew its business license and extend its operation term until and unless otherwise instructed in Party A’s prior written notice. 

 

	1.4	 Party A is the exclusive consultation and services provider of Party B; Party B shall not utilize third party
to provide services which are same as or similar with Party A’s services and shall not establish similar corporation relationship with any third party regarding the matters contemplated by this Agreement without the prior written consent of
Party A. Party A may appoint other parties to provide Party B with the consultations and/or services under this Agreement. 

  
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Technical Consultation and Service Agreement 

	2.	 SERVICES FEES 

The Parties agree that, Party B shall pay relevant services fees to Party A which shall be determined according to the Appendix of this
Agreement, as the consideration for the technical support and services provided by Party A to Party B as stipulated in Section 1.1. This Appendix can be amended by the Parties in considering the circumstances. 

 

	3.	 INTELLECTUAL PROPERTY AND CONFIDENTIALITY 

 

	3.1	 Unless otherwise stipulated in writing by the Parties, Party A shall be the sole and exclusive owner of all
rights and interests to any and all intellectual property rights arising from the performance of this Agreement, including, but not limited to, any copyrights, patent, know-how and otherwise, whether developed
by Party A or Party B. Party B shall execute all appropriate documents, take all appropriate actions, submit all filings and/or applications, render all appropriate assistance and otherwise conduct whatever is necessary as deemed by Party A in its
sole discretion for the purposes of vesting any ownership, right or interest of any such intellectual property rights in Party A, and/or perfecting the protections for any such intellectual property rights in Party A. The Parties agree that this
Section shall survive changes to, and rescission or termination of, this Agreement. 

  

	3.2	 For the purpose of this Agreement, Confidential Information includes, but not limited to, (i) technical
information, materials, program, drawing, data, parameter, standard, software, computer program, web design in connection with the development, design, research, produce and maintenance of technology disclosed by one Party to the other Party;
(ii) any contracts, agreement, memo, annexes, draft or record (including this Agreement) entered into by the Parties for the purpose of this Agreement; and (iii) any information designated to be proprietary or confidential when it is
disclosed by one Party to the other Party. Upon termination or expiration of this Agreement, Party B shall, return all and any documents, materials or software contained any of such Confidential Information to Party A or destroy it, delete all of
such Confidential Information from memory devices, and cease to use them. 

  
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Technical Consultation and Service Agreement 

	3.3	 Any Party shall not disclose any Confidential Information to any third party in any way without the other
Party’s prior written consent. 

  

	3.4	 The Parties may disclose Confidential Information solely to its employees, agents or consultant who must know
such information, subject to such employees, agents or consultant being bound by confidentiality obligations at least as restrictive as this Section 3. 

  

	3.5	 Notwithstanding the foregoing, Confidential Information shall not be deemed to include the following
information: 

  

	 	(1)	 is or will be in the public domain (other than through the receiving Party’s unauthorized disclosure); or

  

	 	(2)	 is under the obligation to be disclosed pursuant to the applicable laws or regulations, rules of any stock
exchange, or orders of the court or other government authorities, in which case the receiving Party will promptly notify the disclosing Party, and will take reasonable and lawful steps to minimize the extent of the disclosure. 

  
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Technical Consultation and Service Agreement 

	3.6	 Any Party breaching confidentiality obligations under this Section shall indemnity all losses of the other
Party. 

  

	4.	 REPRESENTATIONS AND WARRANTIES 

 

	4.1	 Party A hereby represents and warrants as follows: 

 

	 	(1)	 Party A is a wholly owned foreign enterprise legally registered and validly existing in accordance with the
laws of China. 

  

	 	(2)	 Party A has taken all necessary corporate actions, obtained all necessary authorization and the consent and
approval from third parties and government agencies (if any) for the execution and performance of this Agreement. Party A’s execution and performance of this Agreement do not violate any explicit requirements under any law or regulation binding
on Party A. 

  

	 	(3)	 This Agreement constitutes Party A’s legal, valid and binding obligations, enforceable in accordance with
its terms. 

  

	4.2	 Party B hereby represents and warrants as follows: 

 

	 	(1)	 Party B is a company legally registered and validly existing in accordance with the laws of China and has
obtained the relevant permit and license for engaging in its business in a timely manner. It has independent legal person status, and has full and independent civil and legal capacity to execute, deliver and perform this Agreement. It can sue and be
sued as a separate entity; 

  
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Technical Consultation and Service Agreement 

	 	(2)	 Party B has taken all necessary corporate actions, obtained all necessary authorization and the consent and
approval from third parties and government agencies (if any) for the execution and performance of this Agreement. Party B’s execution and performance of this Agreement do not violate any explicit requirements under any law or regulation binding
on Party B. 

  

	 	(3)	 This Agreement constitutes Party B’s legal, valid and binding obligations, enforceable in accordance with
its terms. 

  

	5.	 LIABILITY FOR BREACH OF AGREEMENT 

 

	5.1	 The Parties agree and confirm that, if either Party (the “Defaulting Party”) is in breach of any
provisions herein or fails to perform its obligations hereunder, such breach or failure shall constitute a default under this Agreement (the “Default”), which shall entitle the non-defaulting Party
to request the Defaulting Party to rectify or remedy such Default with a reasonable period of time. If the Defaulting Party fails to rectify or remedy such Default within the reasonable period of time or within thirty (30) days of non-defaulting Party’s written notice requesting for such rectification or remedy, then the non-defaulting Party shall be entitled to elect any one of the following
remedial actions: (a) to terminate this Agreement and request the Defaulting Party to fully compensate its losses and damages; (b) to request the specific performance by the Defaulting Party of its obligations hereunder and request the
Defaulting Party to fully compensate non-defaulting Party’s losses and damages. 

  
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Technical Consultation and Service Agreement 

	5.2	 No waiver of rights in respect of any default hereunder shall be valid unless it was made in writing. Any
failure to exercise or delay in exercising any rights or remedy by any Party under this Agreement shall not be deemed as a waiver of such Party. Any partial exercise of any right or remedy shall not affect the exercise of any other rights and
remedies. 

  

	5.3	 Notwithstanding Section 5.1 above, the Parties agree and confirm that in no circumstance shall Party B
early terminate this Agreement unless the applicable law provides otherwise or it has obtained the prior written consent of Party A. 

  

	5.4	 The validity of this Section shall not be affect by the suspension or termination of this Agreement.

  

	6.	 FORCE MAJEURE 

 

	6.1	 In this Agreement, “Force Majeure” will mean war, earthquake and other events which are unforeseen,
inevitable and beyond the control of the Party. 

  

	6.2	 If the Force Majeure causes any one party to the Agreement the impossibility to further perform this Agreement,
the Parties agree that the suffering party will waive any liability to the other party for any loss that result from any such Force Majeure, provided that the suffering party shall continue to perform this Agreement after the Force Majeure.

  
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Technical Consultation and Service Agreement 

	7.	 AMENDMENT AND TERMINATION 

 

	7.1	 Any amendment of this Agreement shall come into force only after a written agreement is signed by both Parties.

  

	7.2	 During the term of this Agreement, unless Party A commits gross negligence, or a fraudulent act, against Party
B, Party B shall not terminate this Agreement prior to its expiration date. Nevertheless, Party A shall have the right to terminate this Agreement upon giving thirty (30) days’ prior written notice to Party B at any time.

  

	7.3	 During the term of this Agreement, if any Party is going into liquidation (either voluntary or compulsory), or
is prohibited to conduct business by the governmental authority, the other Party shall be entitled to terminate this Agreement. The termination notice shall come into force upon the notice is sent. 

 

	7.4	 The amendment and termination of this Agreement shall not affect the exercise of any other remedies under this
Agreement. Except when it may be exempted from liability according to law, the Party that is held responsible shall compensate the other Party for all losses and damages thus caused by such amendment or termination. 

  
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Technical Consultation and Service Agreement 

	8.	 GOVERNING LAW AND DISPUTE RESOLUTION 

 

	8.1	 The execution, effectiveness, interpretation, performance, amendment, termination and dispute resolution shall
be governed by the law of the People’s Republic of China. 

  

	8.2	 In the event of any dispute with respect to this Agreement, the Parties shall first resolve the dispute through
friendly negotiations. In the event the Parties fail to reach an agreement on the dispute, either Party may submit the relevant dispute to the Shanghai Branch of China International Economic and Trade Arbitration Commission for arbitration, in
accordance with its Arbitration Rules. The arbitration shall be conducted in Shanghai, and the language used in arbitration shall be Chinese. The arbitration award shall be final and binding on all Parties. 

 

	8.3	 Upon the occurrence of any disputes arising from the construction and performance of this Agreement or during
the pending arbitration of any dispute, except for the matters under dispute, the Parties to this Agreement shall continue to exercise their respective rights under this Agreement and perform their respective obligations under this Agreement.

  

	9.	 NOTICES 

  

	9.1	 All notices and other communications required or permitted to be given pursuant to this Agreement shall be
delivered personally or sent by registered mail, postage prepaid, by a commercial courier service or by facsimile transmission to the address of such Party set forth below. A confirmation copy of each notice shall also be sent by email. The dates on
which notices shall be deemed to have been effectively given shall be determined as follows: 

 Notices given by personal
delivery, by courier service or by registered mail, postage prepaid, shall be deemed effectively given on the date of acceptance or refusal at the address specified for notices. 

  
 10 

Technical Consultation and Service Agreement 

	9.2	 For the purpose of notices, the addresses of the Parties are as follows: 

 

			
	Party A:	  	Hywin Enterprise Management Consulting (Shanghai) Co., Ltd.
		
	Address:	  	202, No.8, Middle Yincheng Rd, Pudong District, Shanghai
		
	Attn:	  	WANG, Dian
		
	Party B:	  	Shanghai Hywin Network Technology Co., Ltd.
		
	Address:	  	Room J1097, Building No. 1, 2222 Huancheng Road, Juyuan New District, Jiading District, Shanghai, PRC
		
	Attn:	  	SUN, Tan

  

	9.3	 If any Party change its address for notices or its contact person, a notice shall be delivered to the other
Party in accordance with the terms hereof. 

  
 11 

Technical Consultation and Service Agreement 

	10.	 ASSIGNMENT 

  

	10.1	 Without Party A’s prior written consent, Party B shall not assign its rights and obligations under this
Agreement to any third party. 

  

	10.2	 Party B agrees that Party A may assign its obligations and rights under this Agreement to any third party upon
a prior written notice to Party B but without the consent of Party B. 

  

	11.	 SEVERABILITY 

In the event that one or several of the provisions of this Agreement are found to be invalid, illegal or unenforceable in any aspect in
accordance with any laws or regulations, the validity, legality or enforceability of the remaining provisions of this Agreement shall not be affected or compromised in any aspect. The Parties shall strive in good faith to replace such invalid,
illegal or unenforceable provisions with effective provisions that accomplish to the greatest extent permitted by law and the intentions of the Parties, and the economic effect of such effective provisions shall be as close as possible to the
economic effect of those invalid, illegal or unenforceable provisions. 
  

	12.	 AMENDMENTS AND SUPPLEMENTS 

Any amendments and supplements to this Agreement shall be in writing. The amendment agreements and supplementary agreements that have been
signed by the Parties and that relate to this Agreement shall be an integral part of this Agreement and shall have the same legal validity as this Agreement. 

  
 12 

Technical Consultation and Service Agreement 

	13.	 MISCELLANEOUS 

 

	13.1	 This Agreement shall become effective upon and from the date on which it is signed by the authorized
representative and seal of each Party. 

  

	13.2	 The clauses in connection with confidentiality obligations, disputes resolution and default responsibilities
shall survive rescission or termination of this Agreement. 

  

	13.3	 This Agreement shall be signed in Chinese and English language bearing the same legal effect. In the event of
any inconsistency between the Chinese and English language, the Chinese version of this Agreement shall prevail. This Agreement shall have two (2) counterparts, with each party holding one (1) original. All counterparts shall be given the
same legal effect. 

 [The Remainder of this page is intentionally left blank] 

  
 13 

Technical Consultation and Service Agreement 

 [Signature Page] 

IN WITNESS WHEREOF, the Parties have caused their authorized representatives to execute this Technical Consultation and Service Agreement as of the date first
above written. 
  

			
	Party A:	  	Hywin Enterprise Management Consulting (Shanghai) Co., Ltd. (seal)
		
	Name:	  	WANG, Dian
		
	Title:	  	Authorized Representative
		
	By:	  	/s/ WANG, Dian                 

  
 Technical Consultation
and Service Agreement 

 [Signature Page] 

IN WITNESS WHEREOF, the Parties have caused their authorized representatives to execute this Technical Consultation and Service Agreement as of the date first
above written. 
  

			
	Party B:	  	Shanghai Hywin Network Technology Co., Ltd. (seal)
		
	Name:	  	SUN, Tan
		
	Title:	  	Authorized Representative
		
	By:	  	/s/ SUN, Tan                 

  
 Technical Consultation
and Service Agreement 

 Exhibit Provisions on the payment standard and method of technology service fee 

 

	1.	 Both Parties agreed that Party B should pay service fee relating to Section 1.1 to Party A based on the
following terms: 

 Party B should pay 100% of after-tax net income of Party
B accepted by US GAAP to Party A as the annual fee (the “Annual Fee”) of technology support and service herein. The Annual fee should be paid to the designed bank account of Party A within fifteen (15) working days after the
receiving invoice from Party A. 
  

	2.	 Party B should negotiate with Party B within seven (7) working days after receiving the written notice
regarding the adjustment of the Annual Fee from Party A. 

  

	3.	 If Party B is in a status of loss accepted by the US GAAP, Party A is obliged to absorb all the loss of
Party B and to pay the amount of loss to Party B. 

  
 Technical Consultation
and Service Agreement

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