Document:

Exhibit 10.12

 

Service Agreement

 

Party A:

 

ID card number:

 

Contact address:

 

Contact number:

 

 

 

Party B: Guobang (Chengdu) Financing and
Leasing Co., Ltd.

 

Unified social credit code:

 

Contact address:

 

 

Whereas:

 

Party B has established
long-term and stable cooperation with Beijing Xiaoju Technology Co., Ltd. (hereinafter referred to as “Didi Platform”)
and other financial leasing companies, and it has extensive experience in the training of online taxi-hailing drivers and vehicle
financial leasing. Party A intends to purchase vehicles for online taxi-hailing operations via the method of financial leasing.
Party A and Party B, upon negotiation based on equality and free will, reach and conclude the following Service Agreement
for mutual compliance.

 

Article 1 Service items

 

1.1 Party A irrevocably and exclusively
entrusts Party B to recommend financial leasing companies for Party A, and to assist Party A in signing financial leasing contracts
with third-party financial leasing companies and handling the purchase formalities of financial leasing vehicles. Meanwhile, Party
A irrevocably and exclusively entrusts Party B to provide follow-up services for financial leasing.

 

1.2 The specific services include:

 

1.2.1 Providing assistance in accessing
to Didi Platform;

 

1.2.2 Recommending Party A to third-party
financial leasing companies, and assisting Party A in handling the purchase formalities of financial leasing vehicles;

 

1.2.3 Carrying out training and management
of Didi business;

 

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1.2.4 Purchasing insurance for financial
leasing vehicles and settling insurance claims on behalf of Party A;

 

1.2.5 Assisting in the after-sales services
of financing leasing vehicles;

 

1.2.6 Assisting in handling the violation
tickets of financing leasing vehicles; and

 

1.2.7 Providing other related consultation.

 

Article 2 Service term

 

2.1 The service is valid from the date
on which Party A files a financial leasing application (verbal or written), and is terminated on the expiration date of the financial
leasing contract signed by Party A and a third-party financial leasing company.

 

Article 3 Service mode

 

3.1 In accordance with different service
items, the modes in which Party B provides services include telephone communication, SMS notification, on-site training, sharing
the latest information in WeChat groups, and accompanying Party A to handle business at the place of third parties.

 

Article 4 Service fee

 

4.1 Party A shall pay Party B the service
fee of RMB         Yuan on the date of Party B’s assisting Party A to access
to Didi Platform and finishing the financial leasing formalities.

 

4.2 During the financial leasing term,
in case that Party B continues to provide Party A with the services stipulated in subclauses 1.2.3 to 1.2.7 of Article 1 hereof,
Party A shall pay Party B an ongoing service fee of RMB           Yuan.
The specific payment method: Pay RMB         Yuan before mm/dd/yyyy,
pay RMB Yuan before mm/dd/yyyy, and pay the remaining RMB          Yuan
before mm/dd/yyyy.

 

4.3 In the event that Party A pays the
ongoing service fee as stipulated in Clause 4.2 hereof in advance, Party B shall still be obliged to continue to provide services
for Party A during the service term, and shall not charge Party A for the same reason.

 

4.4 In any circumstances, the service fees
already paid by Party A to Party B shall not be refunded.

 

Article 5 Other expenses

 

5.1 Party B is obliged to provide assistance
services to Party A. Where there are any fees that need to pay to a third party due to the services, Party A shall bear the corresponding
expenses.

 

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Article
6 Rights and obligations of Party A

 

6.1 Party A shall be entitled to obtain
Party B’s services after Party A pays Party B the service fees stipulated herein.

 

6.2 Party A shall be obliged to pay the
service fees in full and on time in accordance with this agreement. If Party A fails or is unable to pay the fees as scheduled,
Party A shall be liable for the breach of contract.

 

6.3 Party A shall truthfully provide Party
B with all the information and data related to handling the financial leasing business and unconditionally cooperate with Party
B’s work.

 

6.4 In case of unfinished entrusted matters,
Party A shall bear the adverse consequences on its own, perform the obligations stipulated in contracts signed with any and all
third parties and assume the legal consequences voluntarily.

 

Article 7. Rights and obligations of
Party B

 

7.1 Party B shall be entitled to receive
the service fees paid by Party A in full at the agreed time in accordance with this agreement;

 

7.2 Entrusted by financial leasing companies,
Party B shall have the right to handle the overdue rent that shall be paid by Party A;

 

7.3 Party B shall complete matters entrusted
by Party A conscientiously. A notice shall be delivered to Party A at least one day in advance in case that Party B needs the cooperation
of Party A; and

 

7.4 Party B shall properly keep all the
information and data provided by Party A and shall not use them illegally.

 

Article 8 Liability for breach of contract

 

8.1 In the event that Party A fails or
is unable to pay the service fees on time, Party A shall pay Party B the penalty fee at 20% of the service fee.

 

8.2 In case of any economic losses caused
to Party B due to Party A’s breach of contract, Party A shall be liable for compensating Party B for the damages arising therefrom.

 

Article 9 Miscellaneous 

 

9.1 If Party B acquires the transfer of
the creditor’s rights of a third-party financial leasing company, in addition to all the rights of the lessor enjoyed by Party
B, this agreement shall till be valid.

 

9.2 Party B shall have the final interpretation
right of this agreement. In case of any discrepancies arising in the execution of this agreement, both parties shall solve them
through friendly negotiation. Where such negotiation fails, either pay may file a lawsuit with the People’s Court at the place
where the contract was signed. The place of signing the contract is:                         .

 

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9.3 Where there are any outstanding issues
herein, a separate supplemental agreement may be signed by the parties hereto to stipulate such issues and the supplemental agreement
shall have the same legal effect as this agreement.

 

9.4 This agreement is made in duplicate
with each party holding one copy, and both have the equal legal effect.

 

 

Party A (signature and seal):

 

Date:

 

 

 

Party B (signature and seal):

 

Date:

 

 

4Exhibit 10.13

 

Financing Lease Contract

 

Lessee (Name):                                                                                 (hereinafter
referred to as “Party A”)

 

Tel.:                                                           

 

ID No.:                                                          

 

Contact Address:                                                           

 

Guarantor (Name):                                                           

 

Tel.:                                                           

 

ID No.:                                                           

 

Contact Address:                                                           

 

Lessor: Guobang (Chengdu) Financing and Leasing Co., Ltd.
(hereinafter referred to as “Party B”)

 

Contact:                                                           

 

Tel.:                                                           

 

Contact Address:                                                           

 

Risk Warning for Contract Signing:

 

Before signing this Contract, please read
the content carefully. If you have any problems, you may ask Lessor for help. After signing this Contract, you are deemed to have
fully understood the terms of the Contract.

 

By signing this agreement,
the Lessee and the Lessor have established a lease contract of ___ month (s). During the term of lease, except for the force majeure
or the Lessor’s reasons, the Lessee is required to pay the rent strictly in accordance with the Contract. If the Lessee wants
to terminate the Contract early, it needs to pay a certain amount of liquidated damages. Please fully consider your real needs,
financial status and other factors before signing this Contract.

 

According to the Contract Law of the People’s
Republic of China and other laws and regulations, both parties have fully agreed to conclude this financial lease contract
(hereinafter referred to as “the Contract”) in accordance with the following terms for mutual compliance.

 

     

     

    

 

1. Definitions

 

The following terms in this Contract shall
have the following meanings unless otherwise stated:

 

1.1 Platform: It refers to the third-party
e-commerce platform used by Party B and Party A to complete the vehicle leasing transaction: Yihao Youche Mall.

 

1.2 Online Ride-hailing: It specifically
refers to the ride-hailing on the Didi Chuxing Platform.

 

1.3 Online Ride-hailing Service: It
refers to the online non-peripatetic car hailing service provided based on the Didi platform using qualified vehicles and drivers,
which integrates supply and demand information.

 

1.4 Law: It refers to laws, administrative
regulations, local laws and regulations, autonomous regulations and separate regulations promulgated by the competent authorities,
rules and regulations of the Ministries and Commissions of the State Council and local governments, judicial interpretations, normative
documents, etc. in China.

 

1.5 Personal Injury Compensation: It refers to the compensation
provided in the Interpretation of the Supreme People’s Court on Several Issues Concerning the Application of Law in the
Trial of Cases on Personal Injury Compensation.

 

2. Subject of the Contract

 

2.1 Information of
Vehicle Leased:

 

Vehicle Brand: _________; Model and Configuration: _________;
Manufacturer: __________;

 

Dealer: ____________; Color: ____________; License Plate Number:
____________;

 

Engine Number: ____________; VIN: ____________ (hereinafter
referred to as “rental vehicle”)

 

2.2 Purpose of the Vehicle: ____________.

 

3. Total Vehicle Purchase Amount, Term of Lease, Rent and
Payment Method

 

3.1 Total vehicle purchase amount: RMB_______ (including vehicle
price, vehicle purchase tax, insurance, license fee, vehicle and vessel use tax and others);

 

3.2 Down Payment: RMB__________, which
shall be paid by Party A to Party B in cash, bank transfer or other means within________ days after the signing of this Contract.

 

3.3 Financing Principal: RMB ___________;

 

3.4 Term of Lease: The lease term of this Contract is _______
month(s), and the lease commencement date is ____________.

 

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3.5 Rent and Rent Payment Method

 

3.5.1 The rent is calculated based on the
total cost of Party B’s purchase of the vehicle leased and the reasonable profit of Party B. The total cost of the vehicle leased
includes, but is not limited to, the price, purchase tax, insurance premium, vehicle and vessel tax, vehicle decoration fee, vehicle
positioning device and other related expenses of the vehicle leased as well as all handling fees, financing interest (financing
interest is calculated from the date of Party B’s payment or the actual burden of Party B), bank fees and management fees
for the purchase of the vehicle.

 

3.5.2 Monthly rent: RMB__________ / month. Monthly rent shall
be paid before the _____ day of each month in cash, bank transfer or other means.

 

3.6 The above payment shall be paid to Party B in advance when
the pay day falls on a holiday.

 

4. Purchase, Delivery and Acceptance
of the Vehicle Leased

 

4.1 Party B shall purchase a vehicle according
to the requirements of Party A. The vehicle shall have the performance matched with the purpose of the vehicle as stipulated in
Article 2.2, and all aspects including vehicle insurance shall comply with the relevant laws.

 

4.2 Party A has full decision on the name,
specification, model, performance, quality, quantity, technical standard and service content, quality, technical guarantee, delivery
time, etc. of the vehicle leased and can directly negotiate with the dealer. Party B is fully responsible for its decision. Party
B signs a vehicle sales contract with the dealer according to the requirements of Party A. Party A shall provide Party B with various
certificates of rights and interests, relevant approvals or licenses as deemed necessary by Party B.

 

4.3 Party B is responsible for raising
the funds needed to purchase the vehicle leased and for handling various formalities in accordance with the vehicle sales contract.
When Party A picks up the vehicle according to the vehicle sales contract, Party A shall, in the company of Party B or a third
party entrusted by Party B, jointly go through the acceptance procedures and sign the relevant acceptance documents. Party A shall
be responsible for the acceptance of the vehicle leased on the day of delivery to the designated place. After passing acceptance,
Party A shall confirm the relevant information of Annex I “Vehicle Handover List”. Party B has the right to retain
a spare vehicle key, which shall be returned to Party A after the expiration of this Contract and Party A obtains the ownership
of the vehicle).

 

4.4 From the time when Party A signs Annex
I “Vehicle Handover List”, the risk liability of the vehicle leased is transferred to Party A. When Party B pays for
the purchase funds of the vehicle leased, Party B becomes the sole owner of the vehicle leased. During the performance of the Contract,
Party A shall ensure that all reasonable measures are taken to prevent the infringement of Party B’s ownership of the vehicle and
to compensate Party B for any loss arising from any third party’s claim of any rights to the vehicle leased.

 

5. Treatment of Defects in the Vehicle Leased

 

After delivery, if the vehicle leased causes
damages to Party A due to the design and manufacture defects of the vehicle by the vehicle manufacturer, Party A may directly request
the supplier or manufacturer to perform their guarantee liabilities for the quality and other aspects of the vehicle leased, with
related expenses borne by Party A, but Party A shall provide necessary assistances. Party A shall not refuse to pay or suspend
payment or delay payment of any part of the monthly rent or other amounts on the ground of the leased vehicle conditions or any
claim arising from the vehicle condition or the delay in delivery by the supplier or manufacturer.

 

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6. Insurance and Accidents

 

6.1 The insurance expenses of the vehicle
leased during the term of lease shall be borne by Party B. Party B shall have the right to choose the insurance company independently,
and Party A shall be the first insurance beneficiary. During the term of lease, if Party A fails to purchase the agreed contractual
insurance in full and in time, Party B has the right to insure the vehicle with Party B as the first insurance beneficiary, in
which case, Party B shall have the right to recover the expense on the vehicle insurance from Party A or deduct it from the deposit.
Party A shall bear full liability for compensation for all losses caused to Party B by Party A’s failure to timely insure
the vehicle.

 

6.2 Party A shall purchase the corresponding
insurance during the term of lease according to the purpose of the vehicle leased in Article 2.2, and the purchased insurance shall
comply with the laws. The types of insurance that should be purchased include: compulsory insurance for traffic accident of motor-driven
vehicle (sum insured: RMB ___________), third-party liability insurance (sum insured: RMB ___________), vehicle personnel liability
insurance (sum insured/seat: RMB ___________), vehicle damage insurance (sum insured: RMB ___________) and theft and robbery insurance
and accident excess reduction.

 

6.3 After a traffic accident or other safety
accident occurs in the vehicle leased during the term of lease, Party A shall still pay the monthly rent and the balance payment
on time in accordance with this Contract. Party A shall notify Party B and the insurance company as soon as possible within twelve
(12) hours after such an accident. Party B shall actively handle related matters and deal with insurance claims, and the insurance
compensation paid by the insurance company shall be directly transferred to Party B. If the vehicle leased is lost or the damage
of the vehicle cannot be repaired to the normal use status, Party B has the right to deduct from the monthly rent and the balance
payment that should be paid by Party A as the insurance compensation. If the insurance compensation paid is less than the monthly
rent payable by Party A (including the due but unpaid and undue monthly rent) and the balance payment, the insufficient portion
shall be made up by Party A within a reasonable time specified by Party B. After Party B receives all the insurance compensation
and the amount of the above-mentioned insufficient portion (if any) that Party A should pay, the Contract is terminated and the
vehicle leased automatically transferred to Party A according to the state at that time, with Party A obtaining the ownership of
the vehicle leased and the right to claim against the third party (if any). If the insurance compensation paid by the insurance
company is more than the monthly rent payable by Party A (including the due but unpaid and undue monthly rent) and the balance
payment, Party B shall transfer the excessive part in full to Party A within one (1) working day after receiving the insurance
compensation. After that, the Contract is terminated and the vehicle leased automatically transferred to Party A according to the
state at that time, with Party A obtaining the ownership of the vehicle leased and the right to claim against the third party (if
any).

 

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6.4 After a traffic accident or other safety
accident occurs in the vehicle leased during the term of lease, Party A shall still pay the monthly rent and the balance payment
on time in accordance with this Contract. Party A shall notify Party B and the insurance company as soon as possible within twelve
(12) hours after such an accident. Party B shall actively handle related matters and deal with insurance claims, and the insurance
compensation paid by the insurance company shall be directly transferred to Party B’s account. If the vehicle leased is partly
damaged and can be repaired to the normal use status, Party B shall use the insurance compensation for the replacement and repair
of the damaged parts to restore the vehicle leased to the normal use status; in case that Party A has paid for the vehicle repair
and personal injury caused by the traffic accident or other safety accident, Party B shall, within one (1) working day after receiving
the insurance compensation from the insurance company, and after deducting the overdue monthly rent and the corresponding late
payment fee, liquidated damages and other expenses (if any), pay the remaining insurance compensation to Party A, with Party A
obtaining the corresponding claims against the third party (if any).

 

6.5 In the event of a theft, damage or accident of the vehicle
leased during the term of lease, Party A shall immediately report the case to the local public security organ and shall be responsible
for obtaining the report certificate from the police. Party A also shall notify Party B and the insurance company as soon as possible
within twelve (12) hours after the accident to facilitate the insurance claim. If Party A is negligent in the above-mentioned police
report and notification or seeks reconciliation itself or has other acts that causes the insurance company to refuse to settle
claims, which make the insurance company refuse or delay the claims settlement, Party A shall be liable for the loss therefrom.

 

6.6 During the term of lease, Party A shall
make full payment of the monthly rent to Party B in time of searching the lost vehicle, the total loss processing and vehicle repair
in accordance with this Contract.

 

7. Disposal of the Vehicle Leaded after the Lease Expires

 

Party B agrees to cooperate with Party
A to handle the transfer registration of the vehicle within one (1) working day after Party A pays off all the payables hereunder
such as monthly rent, taxes, late fees, liquidated damages and compensations, with related expenses borne by Party A. Since Party
A has always been occupying and using the vehicle leased, there is no actual delivery behavior for such vehicle leased. At that
time, Party B will not make any declaration or guarantee on the performance and condition of the vehicle leased, and Party A will
accept the vehicle leased as per the then status.

 

8 Party A’s Right to Terminate this Contract

 

8.1 From the date of signing this Contract,
Party A has the right to propose to terminate this Contract within last seven (7) days of every three (3) months after the Contract
is signed. (For example, if this Contract is signed on May 4, 2017, Party A may unilaterally propose termination of this Contract
from July 29, 2017 to August 4, 2017 or from October 29, 2017 to November 4, 2017.)

 

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8.2 Party A shall submit an application
to Party B at least 7 days in advance when Party A proposes to terminate the Contract, and Party A shall pay Party B liquidated
damages and depreciation cost (if any):

 

8.2.1 Method of Liquidated Damages Calculation

 

	Conditions for Party A’s unilateral termination
	 	Termination proposed within 3 months after contract signing	Termination proposed within 6 months after contract signing	Termination proposed within 9 months after contract signing	Termination proposed within 12 months after contract signing	Termination proposed within 15 months after contract signing	Termination proposed within 18 months after contract signing
	Liquidated damages for vehicle purchase in full payment in advance	RMB______	RMB______	RMB______	RMB______	RMB______	RMB______
	Liquidated damages for vehicle return  	RMB_____	RMB______	RMB______	RMB_______ 	RMB______	RMB______
	Liquidated damages for transferring into ordinary lease	RMB______	RMB______	RMB______	RMB_______ 	RMB______	RMB______
	Conditions for Party A’s unilateral termination
	 	Termination proposed within 21 months after contract signing	Termination proposed within 24 months after contract signing	Termination proposed within 27 months after contract signing 	Termination proposed within 30 months after contract signing	Termination proposed within 33 months after contract signing	Termination proposed within 36 months after contract signing
	Liquidated damages for vehicle purchase in full payment in advance	RMB______	RMB______	RMB______	RMB______	RMB______	RMB______
	Liquidated damages for vehicle return 	RMB_____	RMB______	RMB______	RMB_______ 	RMB______	RMB______
	Liquidated damages for transferring into ordinary lease	RMB______	RMB______	RMB______	RMB_______ 	RMB______	RMB______

 

Notes:

 

1. Party B shall clarify the calculation logic and method for the liquidated damages payable by Party A to terminate the Contract unilaterally;

 

2. Where Party A unilaterally terminates the Contract in advance, the amount of all liquidated damages that Party B can collect shall be guaranteed within 30% of the “down payment + total monthly rent within the term of lease+ balance payment” agreed in this Contract;

 

8.2.2 If vehicle leased undergoes major
repairs during the term of lease (maintenance cost is more than RMB 3,000), Party B may collect the depreciation charge of the
vehicle leased from Party A, which equals to ____% of the maintenance cost. (The depreciation charge each time should be guaranteed
within 20% of the then maintenance cost and can only be charged in the case that Party A does not purchase the vehicle in full
payment in advance but terminates the Contract unilaterally.)

 

8.2.3 Where Party A returns the vehicle
and terminates this Contract or Party A makes the lease become an ordinary one, Party A shall deliver the vehicle to Party B in
accordance with Party B’s request. If the vehicle leased is damaged or scraped or its internal and external parts, equipment, accessories,
etc. are damaged and missing (except normal aging and wear and tear), which falls out of the insurance coverage, Party A shall
compensate Party B for its actual loss.

 

8.2.4 Where Party A purchases the vehicle
in full payment in advance, Party B shall cooperate with Party A to complete the transfer procedures, in which case, Party A shall
bear the relevant expenses. The specific matters shall be determined through negotiation by both parties.

 

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8.2.5 Party A shall settle all violation
fines caused by the vehicle leased during the term of lease.

 

8.2.6 If Party A terminates this Contract
in advance, except for the expenses that should be paid according to this Contract (such as monthly rent payable by Party A but
not yet paid to Party B, insurance premium, etc.), and the expenses stipulated in 8.2.1, 8.2.2 (if any) and 8.2.3 (if any), Party
A has no need to pay Party B the remaining monthly rent, balance payment and any other fees.

 

8.2.7 Other matters shall be determined
through negotiation by Party B and Party A.

 

9. Party B’s Rights and Obligations

 

9.1 Before the ownership is transferred, Party B shall have
complete and independent ownership of the vehicle leased, and Party A shall not make any act that infringes the ownership of Party
B.

 

9.2 Party B has the right to attach a logo indicating Party
B as the owner on the leased item and install a GPS monitoring system on the vehicle leased;

 

9.3 Party B has the right to understand the use, damage, maintenance
and other conditions of the vehicle leased without prejudice of Party A’s use of the vehicle leased, in which case, Party A shall
provide cooperation and assistance;

 

9.4 Party B is obliged to keep confidential the personal information
of Party A.

 

10. Party A’s Rights and Obligations

 

10.1 Party A has the right to select the
manufacturer and distributor of the vehicle leased.

 

10.2 If Party A uses the vehicle leased
for the online car-hailing, Party A shall ensure that both itself and the vehicle leased comply with the local laws and regulations
on the online car-hailing and obtain the necessary permission or qualification.

 

10.3 Party A shall pay the amount stipulated
in this Contract and the expenses it shall bear in full and on time. Party A shall bear all the expenses incurred by Party A in
using the vehicle leased during the term of lease (including but not limited to vehicle insurance premium, maintenance and repair
fee, various fines, the cost of handling various certificates, etc.).

 

10.4 In consideration of the reasonable
control and safety of the use of vehicle leased, Party A has already known the scope of using of the vehicle leased before signing
this Contract, and at the same time promises that the vehicle leased will be used in principle within the city of Chengdu.

 

10.5 Party A shall, in accordance with
the agreed purpose and the performance and operating procedures of the vehicle leased, use the vehicle leased reasonably and legally.
The vehicle leased must be driven by a person who holds a valid driver’s license issued by the public traffic control department
and suitable for the corresponding model in accordance with the relevant national laws.

 

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10.6 Party A shall be responsible for carrying
out the necessary inspection and maintenance of items involved in safe driving such as engine oil, brake fluid, cooling water and
battery water of the vehicle leased to maintain good condition of the vehicle leased; and Party A also shall promptly maintain
the vehicle according to the provisions of the vehicle maintenance manual. If any abnormal conditions are found, Party A shall
immediately notify Party B in writing and send the vehicle leased for repair.

 

10.7 If the vehicle needs to be towed due
to accident or breakdown during the use of the vehicle, Party A shall notify Party B while handling the situation by itself.

 

10.8 Where vehicle windshield wipers, tires
(including inner tubes, cover tires, steel rings, wheel caps and tire covers), spare tires and other consumables are stolen or
damaged by external force, punctured, broken due to improper use by Party A, Party A shall bear the corresponding responsibility.
Except for the care of the good manager, Party A shall not intentionally damage, or shall not arbitrarily add or modify or replace
spare parts to reduce the value of the vehicle leased without the written consent of Party B, and Party A shall be responsible
for any losses caused to Party B therefrom. If Party B agrees it in writing, the additional equipment or modification fee and the
derived maintenance and repair costs shall still be borne by Party A, and in case the addition or modification is in violation
of the laws, the resulting fine and the derivative expenses of vehicle re-inspection and specification change shall be borne by
Party A.

 

10.9 Party A shall not sublease the vehicle
leased. If it is necessary to sublease the vehicle, Party A shall notify Party B in writing before the sublease and shall obtain
the written consent of Party B. Party A is prohibited to use the vehicle leased for automobile race, the placement of contraband,
and criminal activities that will seriously affect the safe state of the vehicle leased.

 

10.10 If there is any change in the actual
residential address of Party A or the storage location of the vehicle leased, Party A shall immediately notify Party B in writing.
If Party A fails to give written notice to Party B in a timely manner and refuses to provide such information after Party B’s
reminder, Party B has reason to believe that Party A has the intention to illegally possess the vehicle leased and can decide whether
to terminate this Contract and investigate Party A’s liability for breach of contract.

 

10.11 Except for reasons attributed to
Party B, if the vehicle leased is seized, detained, confiscated or subject to the claim by any third party, Party A shall be responsible
for resolving it and bearing the relevant expenses and notify Party B in writing at the same time.

 

10.12 Party A shall carry the relevant
licenses for the vehicle leased under this Contract with the vehicle and shall keep it properly. If damage or loss occurs, the
expenses incurred shall be borne by Party A.

 

10.13 Party A shall be responsible for
payment of administrative fines, point deductions and any other expenses incurred by Party A in violation of the law within the
prescribed duration, without delay. Party A shall be responsible for fines or late fees incurred due to overdue payment. If Party
B has advanced payment, Party A shall reimburse Party B within seven (7) days from the date of advancement by Party B.

 

10.14 Party A shall open real-time GPS
trajectory data to Party B personnel and shall assist Party B in monitoring the vehicle leased.

 

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11. Guarantee (this article applies in the case that a guarantor
exists)

 

The guarantor under
this Contract is the joint and responsible guarantor of Party A hereunder. The guarantor irrevocably guarantees to Party B that
Party A will fully and properly perform all its obligations and responsibilities under this Contract; otherwise, the guarantor
shall perform the relevant contractual obligations within ten (10) working days after Party B has given written notice to it and
bear the corresponding breach of contract liability to Party B that Party A shall bear in accordance with this Contract.

 

12. Liability for Breach of Contract

 

12.1 Except major policy changes or force
majeure (force majeure refers to an event that cannot be reasonably controlled, and is unforeseeable or unavoidable even it is
foreseeable by both parties hereto, which obstructs, affects or delays any party’s performance of all or part of its obligations
under this Contract. Such events include but are not limited to natural disasters, wars, fires, riots or any other similar incidents
that are considered force majeure in accordance with commercial practice.), if either party breaches this Contract, fails to perform
or is negligent in performing this Contract, it shall be deemed to be in breach of contract and shall be liable for breach of contract
in accordance with the Contract or the law.

 

12.2 If Party A has one of the following
circumstances during the term of lease, Party B has the right to terminate the Contract in advance, control and recover the vehicle,
and Party B shall give Party A _________days, so that it can settle the monthly rent balance, balance payment and other contractual
payables. If Party A cannot pay all the above-mentioned expenses to purchase the vehicle within the time specified by Party B,
Party B has the right to dispose of the vehicle leased itself.

 

12.2.1 Any due monthly rent or balance
payment or other expenses that are overdue for over ___________days;

 

12.2.2 Party A fails to purchase insurance
in full in accordance with the Contract for the vehicle leased and still fails to purchase it in accordance with the Contract after
notification by Party B;

 

12.2.3 Party A maliciously removes GPS (vehicle positioning
device);

 

12.2.4 Party A fails to properly use the vehicle leased in accordance
with the Contract or uses the vehicle leased for illegal activities;

 

12.2.5 Party A is criminally detained or wanted by the public
security organ for illegal acts;

 

12.2.6 Party A conceals the truth and provides false statements
or materials;

 

12.2.7 Party A subleases the leased vehicle without the consent
of Party B;

 

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12.2.8 The vehicle leased is seized, confiscated, auctioned,
forcibly occupied or subject to similar threats;

 

12.2.9 Party A involves major litigation/arbitration/criminal
proceedings, or its property is subject to coercive measures;

 

12.2.10 Party B loses contact with Party A for more than ________days,
and based on the credit status of Party A, Party B believes there is risk.

 

12.3 When Party A fails to pay the monthly
rent and other expenses payable in accordance with this Contract, Party B shall have the right to charge Party A the liquidated
damages as per ____% of payables/day until Party A has paid all overdue payments and liquidated damages to Party B.

 

12.4 Where Party B takes back or Party
A returns the vehicle leased upon the termination of this Contract, if the vehicle leased is damaged or scraped or its internal
and external parts, equipment, accessories, etc. are damaged and missing (except normal aging, and wear and tear) in time of vehicle
inspection, which falls out of the scope of insurance coverage, Party A shall compensate Party B for its actual loss.

 

12.5 If Party A violates the provision
of Article 10.9, Party A shall bear all the liabilities and losses caused by its breach of contract and unconditionally compensate
Party B for the losses suffered by Party B.

 

12.6 If Party B violates Article 7 and
fails to handle the transfer registration of the leased vehicle without any delay, Party B shall pay Party A liquidated damage
as per RMB____/day (the amount here shall be in the range of RMB 200 - 500 /day).

 

12.7 Both parties have the right to recover
from the other party reasonable expenses arising from the execution or protection of their rights under this Contract, including
but not limited to litigation/arbitration fees, appraisal fees, investigation fees, etc.

 

13. Amendments

 

For matters not covered in this Contract,
the parties may amend the Contract by consensus. The amendments to the contract shall take effect in writing and after signed or
sealed by the parties. The supplementary clauses formed by the amendments to the contract have the same effect as this Contract.
In the event of any inconsistency between this Contract and the supplemental clauses, the latter shall prevail.

 

14. Dispute Resolution

 

14.1 This Contract is governed by the laws of the People’s Republic
of China.

 

14.2 The place of signing this Contract
is____________. All disputes arising from the performance of this Contract shall be settled through friendly negotiation. If the
negotiation fails and a lawsuit is filed, the parties agree that the lawsuit shall be subject to the people’s court with jurisdiction
in the place where the Contract is signed.

 

    10

     

    

 

15. Text and Validation of the Contract

 

This Contract shall take effect when both
parties complete the signing on the third party contracting platform.

 

16. Annex and Effects Thereof

 

This Contract contains the following annex,
which forms an integral part of this Contract, constitutes an entire contract together with and has the same legal effect as the
body of the Contract.

 

17. Miscellaneous

 

17.1 Party A and Guarantor (if any) agree and authorize Party
B to inquire and report the relevant credit information of himself/herself and his/her spouse through the Financial Credit Information
Basic Database of the People’s Bank of China when handling the financial leasing business.

 

17.2 Such phrases as “above”, “below”
and “within” in this Contract all include the given figure; such phrases as “within N working days”, “within
N days” and “N days in advance” all include the Nth working day and the Nth day.

 

Annex List: Annex I “Vehicle Handover List”

 

	Party A:	Party
B:
	 	 
	Date:	Date:

 

    11

     

    

 

Annex
1

 

Vehicle
Handover List

(For
fuel vehicle)

 

Instructions
and commitments for both parties:

 

1.
When the vehicle is handed over, both parties must confirm that the actual vehicle status is consistent with what is displayed
on the platform online and the vehicle information contained in the lease contract signed between the two parties.

 

2.
When the vehicle is returned, both parties must reach an agreement on whether the vehicle’s appearance and components are damaged
or missing.

 

3.
Both parties shall test and confirm the quality and performance of the vehicle, and sign this handover list if there is no objection.
Either party shall not claim to blame the other party for any quality or performance faults of the vehicle leased after signing
this list.

 

4.
As for the following table, if there is no mark, the vehicle is considered to be in good condition; if there is problem, it will
be filled in the table.

 

Model:
                                                          

 

License
plate number:                                                           

 

Engine
number:                                                           

 

VIN:
                                                          

 

	Check
    Item	Vehicle
delivery	Vehicle
    return 	Check
    Item	Vehicle
    delivery 	Vehicle
    return 	Check
    Item	Vehicle
    delivery 	Vehicle
    return 
	Mileage	 	 	Fuel
    level	 	 	Front
    and rear licenses	 	 
	Light	 	 	Rear
    view mirror	 	 	Bumper	 	 
	Antenna	 	 	Door
    lock	 	 	Panel
    	 	 
	Tire	 	 	Fuel
    tank cap	 	 	Interior	 	 
	Engine	 	 	Oil
    dipstick	 	 	Storage
    battery 	 	 
	Vehicle
    start	 	 	Instrument
    light 	 	 	Windscreen
    wiper	 	 
	Water
    sprinkler	 	 	Air
    conditioner	 	 	Steering
    gear	 	 
	Schedule	 	 	Instrument
    board	 	 	Recorder
    /CD	 	 
	Brake	 	 	Chassis	 	 	Clutch	 	 
	Key	 	 	Cigar
    lighter	 	 	Vehicle
    run-in period	 	 
	

                                                                                 

                                                                                Relevant Certificates (If yes, please mark “valid” or “invalid”; if not, mark “none”)

                                                                                 

	Driving
    license 	 	 	Additional
    charge certificate  	 	 	Annual
    verification certificate 	 	 
	Vehicle
    and vessel tax 	 	 	Compulsory
    insurance label 	 	 	Maintenance
    manual  	 	 
	

                                                                                 

                                                                                Spare Tools and Accessories (If yes, please mark “damaged” or “not damaged”; if not, mark “none”

                                                                                 

	Jack	 	 	Spare
    tire  	 	 	Safety
                                         lock

         
	 	 
	Tripod	 	 	Tire
    wrench  	 	 	Screwdriver

         
	 	 
	Seat
    cover	 	 	Floor
    mat 	 	 	 Carpet
    	 	 
	Fire
    extinguisher	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 

    12

     

    

 

	

Vehicle
    Damage Status Table
		Scratch	Crack	Concave	Paint
    Peeling	Missing
	Headstock	 	 	 	 	 
	Tailstock	 	 	 	 	 
	Top
    surface	 	 	 	 	 
	Left
    side of vehicle body	 	 	 	 	 
	Right
    side of vehicle body	 	 	 	 	 

 

Note:
Without special remarks, the vehicle parts not listed in the table are considered to be not damaged.

 

    13

     

    

 

Vehicle
Handover List

(For
new energy vehicle)

 

Instructions
and commitments for both parties:

 

1.
When the vehicle is handed over, both parties must confirm that the actual vehicle status is consistent with what is displayed
on the platform online and the vehicle information contained in the lease contract signed between the two parties.

 

2.
When the vehicle is returned, both parties must reach an agreement on whether the vehicle’s appearance and components are damaged
or missing.

 

3.
Both parties shall test and confirm the quality and performance of the vehicle, and sign this handover list if there is no objection.
Either party shall not claim to blame the other party for any quality or performance faults of the vehicle leased after signing
this list.

 

4.
As for the following table, if there is no mark, the vehicle is considered to be in good conditions; if there is problem, it will
be filled in the table.

 

	Basic
    Information on Vehicle Inspection	 
	Vehicle
    model	 	License
plate number	 	 
	VIN	 	Engine
    number	 	 
	Vehicle
    color	 	Travelled
distance	 	Maintenance
    period 	 	 
	Next
                                         maintenance

        mileage
	 

         
	Maintenance	 	 	 	 
	

                                                                                 

                                                                                Items to be Inspected in Time of

                                                                                Vehicle Delivery and Return

                                                                                 
	 
	Item
    	Vehicle
    delivery  	Vehicle
    return 	Item
    	Vehicle
    delivery   	Vehicle
    return	Item  	Vehicle
    delivery   	Vehicle
    return
	Toolkit
	 

         

         

         
	 	Electric
    quantity	 	 

         
	Driving
    license 	 	 
	 Jack
    	 	 	Insurance
    card 	 	 
	Fault
                                         warning sign

         
	 	 	Charging
    gun	 	 	Environmental
    protection mark	 	 
	Spare
    tire  	 	 	Interior	 	 	Car
    manual	 	 
	Fire
    extinguisher 	 	 	Seat	 	 	Antenna	 	 
	Tire
    	 	 	Foot
    pad	 	 	 	 	 
	Key
    	 	 	Navigation
    card	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

 

    14

     

    

 

Vehicle
Appearance Status Inspection Table

 

	 	Scratch	Crack  	Concave	Paint
    peeling  	Missing
	Front	 	 	 	 	 
	Rear
    	 	 	 	 	 
	Top
    	 	 	 	 	 
	Left
    side of car body	 	 	 	 	 
	Right
    side of car body	 	 	 	 	 

 

Note:
Without special remarks, the vehicle parts not listed in the table are considered not damaged.

 

 

15

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