Document:

Tianjin
Information Sea Information Technology Co., Ltd.

 

As one
party of this agreement

 

 

With

 

 

Mr
Liu Fu and Mrs Liu Zhixin

 

Together
as the other party of this agreement

 

Signed

 

 

 

Option
Agreement

 

 

 

 

 

 

 

October 27, 2015

     

     

    

Option
Agreement

 

The Option
Agreement (" This agreement") concluded by the
following parties on October 27, 2015, Beijing:

 

		(1)	Tianjin
Information Sea Information
Technology Co., Ltd,its
registered address is Room 1704-8359 Block A Building Kuangshiguoji
Xiangluowan Tianjin Free Trade (Central Business District),Legal
representative Liu Zhixin (“Party
A”);

 

		(2)	Mr Liu
                                                                                                                                                         Fu,
                                                                                                                                                         His home address is Group 1, Committee 9, BaoAn Street,
                                                                                                                                                         Kedong Town, Kedong County Heilongjiang Province  ID
                                                                                                                                                         No. is 230230196505050257;

Mrs
Liu Zhixin,Her
home address is Room 1204, Unit 3,
Building 7, Tianqinwan Wuyi Road, Xinxiu District, Xianghe County, Langfang City, Hebei Province.ID
No. is 230230198601020225;

(Mr
Liu Fu and Mrs Liu Zhixin together as "Party B" )

 

In view of:

1. Party B is the
shareholder of Shuhai Information Technology Co., Ltd(“Domestic
company”),who
holding 100% amount of the registered capital in domestic
company (stock equity). Shareholding ownership as follows:

	Shareholder	Contribution (RMB)	Investment proportion (%) 
	Liu Fu	32,500,000	65%
	Liu Zhixin	17,500,000	35%
	Total:	50,000,000	100%

 

2.
Party B intends to award a right to Party A, which is under the right situation Party A has the right to transfer all the stock
equity in Domestic Company holding by Party B.

 

Therefore,
both parties friendly conclude this agreement, reached the following agreement:

 

		1.	Grant rights 

 

Party
B hereby irrevocably award party A the following rights (" Option rights ") :

 

	1.1		Without violating Chinese laws and
industry policy limited of China, this agreement will
valid for ten years from the effective date of this Agreement (as
defined in section 15.2).
In accordance with the provisions exercise of Article 4, Party A has the right to choose
the terms

    -1- 

     

    

			and conditions set forth in this agreement. It values the domestic company’s
                                                                            contributions of the registered capital RMB _1.00 yuan, and will pricing RMB 0.001 yuan(exercise price). Party A purchases
                                                                            all the underlying shares from Party B and has the right to
                                                                            choose one time or several times to purchase the
                                                                            whole or any part of the
                                                                            underlying shares. Party B commits to cooperate with Part A to do the above procedures, transfer
                                                                            all or any portion of the underlying equity to
                                                                            Party A

 

	1.2		Within the right time limit, Party A has the
right to request Party B accomplish the agreement, and
Party B also have to promise to cooperate. Under
the exercise price Part B transfer the whole
or any part of underlying shares to Party A or
transfer the shares to the designated. (The designated should be one or more person/entities,
within the limits laid down by Chinese law and industry policy).

 

	1.3		If Party A have not requested
Party B transfer all the underlying equity to
Party A or its designated entity (or
person) in the vesting period,
Party A has the right to request Party B extend
the exercise period for 10 years and Party B shall
agree the requirement of extending the exercise
period ("extended exercise
period", also includes other extension
according to the provisions below). If
Party A have not yet requested Party B transfer
wholly or part of the underlying entity to its designated entity
(or person) in the extended exercise
period, Party A has the right to request Party
B continue extend the exercise period
for 10 years, Party B
shall agree to extend the exercise period.
Thereafter, Party A has the right to request extend
exercise period constantly,
till all the subject of the equity transfer to
the designated entity (or person).
The terms and conditions of this Agreement also apply
to extend the exercise period.

 

	1.4		Under the
exercise price, Party A will complete to transfer the shares of domestic companies held by Party B. Party
A promises itself or designated entity (or person) to buy the shares during vesting period
or extended vesting period. Within that period, Party A is entitled
to exercise its unlimited share
options rights in this agreement.。

 

	1.5		Within the vesting period and exercise period extended, if Party B continue to hold
the underlying shares would result in violation of laws and administrative regulations, Party B shall issue a written notice to
Party A immediately, and explain the specific reasons, in this case, Party A will: (1) exercise in accordance with the provisions
of Article 4 of this Agreement immediately; or (2) specify the appropriate entity (or persons) to acquire the underlying shares
held by shareholder.

 

		2.	Share option price 

 

In order to obtain and
maintain the rights under this agreement, party A agrees to pay party B at the following provisions price:

    -2- 

     

    

 

	2.1		Within vesting period
and extended exercise period,
Party A shall pay one yuan
(RMB1.00) annual to Party B ("Option Price") as it’s achieving and
maintaining the rights of consideration.

	2.2		Party A should pay Option
price to Party B within 7 days from the effective date; payment shall complete during
exercise period (total of 10 years) and also do during the extended exercise
period (total of 10 years).
When Party B receives the money, Party B shall sign a receipt by
way of Annex III to Party A.

 

		3.	Confirmation and give
up pre-emptive rights of shareholders

 

Party B
(all the shareholders) agree to and hereby acknowledge that the information in Harbin sea information technology co., LTD., in
accordance with the provisions of the share option agreement the exercise of rights, or in accordance with the provisions of the
equity pledge contract implementation guarantee. All shareholders will give up the pre-emptive
rights to buy that part of the shares.

 

		4.	Exercise right

 

	4.1		In vesting period
and extended exercise period,
Party A can issue a exercise notice
("Exercise Notice") as Annex II of
this Agreement to Party B, and required to exercise
their share options in
this Agreement, acquired all
or part underlying shares of some domestic
companies are held by Party B.

	4.2		Once Party
B received the exercise notice which is issued by Party A, under
the provisions of above Article 4.1, Party B shall do immediately,
and no later than five
working days after its receipt
of the exercise notice,

 

	4.2.1		According
to the requirements of exercise right, notice the signed together with Party A and / or any entity (or persons) designated by
Party A such as "Equity Transfer Agreement" in Annex IV of this Agreement;

 

	4.2.2		In accordance with provisions
of the "Equity Transfer Agreement" Party A and / or any entity (or person) designated by Party A and the other shareholders
of domestic companies together through a format such as shareholder resolutions in Annex V of this Agreement, approve the "Equity
transfer Agreement "and modify the articles of association of domestic firms;

 

	4.2.3		Together
                                         with Party A and / or any entity (or person) specified by Party A and the other shareholders
                                         of domestic companies, promote domestic companies submit the "Equity Transfer Agreement"
                                         and the modification of the Articles of Association of the company to the relevant approving
                                         authority, and assist in obtaining necessary approvals;

 

	4.2.4		Together with Party A and
/ or any entity (or person) specified by Party A and the other shareholders of domestic companies, promote and assist domestic
companies formulate the corresponding registration changes from its registration authority;

 

	4.2.5		To complete the share purchase
all other necessary matters.

    -3- 

     

    

 

5.
Payment of the exercise price

 

	5.1		Both parties agree
that, unless applicable law requires otherwise, calculated
in accordance with Section 1.1 of
this Agreement provisions, the exercise price of the underlying
equity of the total amount of
(RMB_50,000Yuan) ("total exercise
price").

 

	5.2		If applicable
law requires price of the underlying equity
must be evaluated and the assessment of the
price of the underlying shares is higher than the
total exercise price, Party
B hereby irrevocably waives the difference between
the assessment price and total exercise price,
or if Party A have paid
the difference to Party B in order to complete the procedures
prescribed by law, Party B shall refund the difference
to Party A after completion of the program.

 

6.
Termination of domestic companies

 

	6.1		If domestic company
due to bankruptcy, dissolution or ordered
to close and terminate in the vesting period
or extended period, when the time of termination
occurs, the obligations of Party B under this Agreement
will be relieved.

 

	6.2		Party B shall further promises take nothing that might lead to domestic companies
bankruptcy, dissolution or termination order close in vesting period and extended period.

 

7. Representations
and Warranties of Party B

Party B represents and
warrants to Party A that till the expiring date of this agreement, Part B shall do as followings:

 

	7.1		Party B rightful hold the underlying shares of domestic company.

 

	7.2		Party B shall strictly abide by the obligations stipulated in the articles of the
domestic company. There does not affect party B as the situation of the legal status of the domestic shareholders in the company,
and also not any influence to exercise rights under this agreement by party B.

 

	7.3		In addition to Party B in accordance with the provisions of article 9 in this agreement, Party
B will pledge all the shares held by Party A in domestic companies. Underlying equity of domestic company held by Party B shall
set not any form of guarantee and any detained circumstances, and not exist any dispute, litigation, arbitration or any other form
of executive, judicial enforcement measures against the underlying equity, and no one able to make any claim to the underlying
shares.

 

	7.4		Party B has disclosed to Party A that it could have negative impact on its obligations in this
agreement, or Party A will have substantial adverse effect on all of the data or information when signing this agreement.

 

		8	Further commitment of Party B

 

Party
B commitment to Party A, in exercise period and extend vesting period:

 

    -4- 

     

    

		8.1	Party B in accordance with the provisions of this Agreement transfer all or part of
the underlying shares to Party A or specified entity (or person), and the equity will not be transferred without Party A’s
prior written express consent.

 

		8.2	Except in accordance with the provisions of Section 9 and the pledge from "Share
Pledge Contract", it will not set any other form of security interest in the underlying shares without the prior written
consent of Party A,

 

		8.3	If stock equity have been frozen in any circumstances, involved in any dispute, litigation,
arbitration, any other form of administrative, judicial enforcement measures, bankruptcy, dissolution, ordered to close or against
the equity of domestic companies, Party B shall take the necessary measures to redress immediately and immediately give written
notice to Party A.

 

		8.4	Without prior confirmation of Party A, Party B will
not agree to contracting management, leasing management, domestic company merger, division or affiliated, joint-stock companies,
or other change mode of operation and the arrangement of property right structure, or to transfer, sell for the domestic company,
shareholding or otherwise dispose all or a substantial part of the assets or rights and interests.

 

		9	The performance guarantee obligation of Party B

 

In order to ensure Party
B to fulfil all its obligations under this Agreement in accordance with the provisions of this Agreement, Party B agrees to all
of the underlying shares held by domestic companies pledge to Party A. Therefore, Party A together with Party B signed a "Share
Pledge Contract", and in accordance with relevant Chinese laws and regulations apply all necessary pledge registration.

 

		10	Liability for breach of contract

 

		10.1	If Party B violates any provision of this Agreement or this Agreement and / or "Share Pledge
Contract" has become invalid or unenforceable, Party A can take the following measures:

 

		10.2	Require Party B transferred all or any
part with the exercise price of the underlying shares to Party A or any entity (or persons) designated by Party A immediately;

 

		10.3	To realize the guarantee in the equity pledge contract. 

 

		10.4	Once Party A in accordance with the provisions of Article 9 "Share Pledge Contract" to
achieve the right, and Party A won the realization of the right related benefits and payments, shall be deemed to have fully complied
with the main obligations under this Agreement, Party A will no longer offer other payment request to Party B.

 

		11	Termination of the Contract

 

		11.1	Any time in the vesting period and the extension of the exercise period, if Party
A due to the application law cannot exercise right in accordance with the provisions of

    -5- 

     

    

			article 4, Party A can customize the discretion give written notice to party B unconditionally
lift this Agreement, and without incurring any liability.

 

		11.2	Any time in the vesting period and the extension of the exercise period, Party B has
no right to unilaterally terminate this agreement.

 

		12	Applicable law and dispute settlement

 

		12.1	Formation, validity, interpretation and performance of this agreement shall be governed
by the Chinese laws.

 

		12.2	All disputes in connection with this Agreement or the execution there of shall be
settled through friendly negotiations. In case one side notify its opinions in written way to
the other party cannot negotiate the dispute within 60 days to resolve the dispute, the disputes shall be submitted to China International
Economic and Trade Arbitration Commission for arbitration that shall be conducted in accordance with the Commission's arbitration
rules in effect at the time of applying for arbitration. The arbitral award is final and binding upon both parties. The Settlement
of Disputes shall be governed by and construed in accordance with the laws of the People's Republic of China. The arbitration
fee shall be borne by the losing party. In the course of settling disputes, the Agreement shall be continuously executed by both
parties except for the part that is under arbitration.

 

		13	Notification

 

Any notice
of this agreement shall be in written form and sent by registered mail, courier or facsimile. Notice to the other party should
according to the following address and number or receive prior notice to the other address and number in accordance with the provisions
of Section 13:

 

Party
A: Tianjin Information Sea Information Technology Co., Ltd

			Address:Room
1704-8359 Block A Building Kuangshiguoji Xiangluowan Tianjin Free Trade (Central Business District)

Fax:

Receiver:Liu
Zhixin

 

Party
B:Mr.
Liufu

Address:Room
21BC1 No.1 Xinghuo Road, Fengtai District, Beijing City

 

Fax:

 

Mrs
Liu Zhixin

    -6- 

     

    

Address:Room
21BC1 No.1 Xinghuo Road, Fengtai District, Beijing City

 

Fax:

 

		14	Other Matters

 

		14.1	Any party cannot refuse to perform its obligations under this Agreement, nor in any
way hinder, delay the achievement of the legitimate interests of the other party which has, under the present agreement.

 

		14.2	Annex to this Agreement constitutes an integral part of this Agreement indivisible,
and this agreement has the same legal effect.

 

		14.3	Matters not covered in this Agreement, two sides can resolve in the form of a supplementary agreement.
Any supplementary of the agreement in writing, all will become an integral part of this Agreement.

 

		14.4	Any party of this agreement shall not be allowed to change or terminate this agreement, any changes
or released to this Agreement, subject to mutual agreement and reach a written contract or agreement.

 

		14.5	Party A did not exercise or delay in exercising any right or remedy under this Agreement, shall
not be construed as Party A abandon such rights or remedies, will also not affect Party A in accordance with this Agreement and
/ or the laws and regulations exercise such rights or remedies at any time.

 

		14.6	Any part of the terms of this Agreement is invalid does not affect the validity of any other provision
of this Agreement.

 

		15	Text and effective 

 

		15.1	The original copy of this Agreement is (6) copies, each having the same legal effect.

 

		15.2	Since the date of this Agreement (the "Effective Date") signed by both parties
shall enter into force. This Agreement has signed by both parties in Beijing.

 

Date is
the first written in the first page,

 

(No
text below)

 

 

 

 

 

 

 

 

 

    -7- 

     

    

 

 

 

 

 

Party A: Tianjin
Information Sea Information Technology Co., Ltd

 

 

Signature:/s/
Liu Zhixin 

Name:
Liu Zhixin 

Position:
Legal Representative 

 

Party
B:Mr. Liu
Fu 

 

 

Signature:/s/
Liu Fu 

Mrs Liu Zhixin

 

 

Signature: /s/ Liu Zhixin

    -8- 

     

    

 

Annex
I of Option Agreement 

Notice of exercise their rights

(Format)

 

To: Liu Fu, Liu Zhixin

 

According
to the Option Agreement signed by you and our company on
October 27, 2015, our company inform and request you to transfer a 100 % stock of Shuhai
Information Technology Co., Ltd. that you hold with the price
of 50000 RMB yuan to Tianjin Information Sea Information
Technology Co., Ltd following the provisions of Option Agreement.

 

 

 

Best Regards,

 

 

 

 

Tianjin
Information Sea Information Technology Co., Ltd

(Seal)

October
27, 2015

 

 

    -9- 

     

    

 

Annex
II of Option Agreement 

Receipt of stock option price

 

Tianjin Information Sea
Information Technology Limited:

 

The undersigned
have confirmed to receive the Option Agreement signed on October 27, 2015. According to the Aritcle 2, Shuhai Information Technology
Co., Ltd. will respectively pay the signatory 10-yuan (RMB 10.00) per share for ten years.

 

 

Best Regards,

 

 

 

            /s/ Liu Zhixin                             

(Signature)

 

October 27, 2015

 

 

 

 

 

 

    -10- 

     

    

 

Annex III of
Option Agreement 

 

Equity Transfer
Agreement

 

The Equity Transfer Agreement (this agreement)
jointly signed by the following parties on October 27, 2015 in Beijing.

 

 

Transferor: (hereafter referred to as
"Party A")

Mr Liufu, 

The
house address Group 1, Committee 9, BaoAn Street, Kedong Town, KedongCounty Heilongjiang Province,

ID
No. 230230196505050257;

Mrs
Liu Zhixi,

The
house address Room 1204, Unit 3, Building 7, Tianqinwan Wuyi Road, Xinxiu District, Xianghe
County, Langfang City, Hebei Province.,

ID
No. 230230198601020225;

(together
as Party A)

 

Transferee:
(hereafter referred to as “Party B") Tianjin Information Sea Information Technology Co., Ltd,The
registered address Room 1704-8359 Block A Building Kuangshiguoji Xiangluowan Tianjin Free Trade (Central Business District) ,

The legal representative Liu Zhixin

 

Based on the following fact

 

1.     Party A is the shareholder of Shuhai
Information Technology Co., Ltd ("domestic company") hold the registered capital RMB50,000,000 Yuan of the domestic
company, accounting for 100% of the registered capital of the domestic company.

 

2.     Party A agrees to transfer its holdings
of registered capital RMB 50,000,000 of investment (hereafter referred to as "underlying shares") at the exercise price
fixed by the Article 1.1 in "Option Agreement", Party B agrees to have the above underlying equity from Party A.

 

Both parties, through friendly negotiation,
have reached the following agreements related matters.

 

1.The transfer of underlying equity

 

    -11- 

     

    

Both parties agree that Party A transfer
the underlying shares to Party B at RMB _50,000Yuan. Both parties confirm the underlying shares shall be formally transferred on
the effective date of the agreement. Since the date of transfer, Party A shall have no rights or bear obligations regarding the
underlying shares; Party B then has the right and the obligation of the underlying shares.

 

2.Applicable Laws and dispute solutions

 

2.1The execution, validity, creation
and performance of this Agreement shall be governed by the laws of PRC.

2.2For any dispute arising from or
in connection with the Agreement shall first be settled through friendly negotiation. When no settlement can be reached on a 60
days’ written notice, either party can refer the dispute to the China International Economic and Trade Arbitration Commission
for arbitration in Beijing in accordance with its then effective rules of arbitration. The award of the arbitration shall be final
and binding upon both parties.

 

3. Other issues

 

3.1Both parties negotiate and confirm
the issues, which are not addressed in this Agreement in a written supplemental agreement. Any supplementary in written form shall
be an integral part of this Agreement.

3.2 Either party may not arbitrarily alter
or rescind the agreement, the modification and rescission of this agreement in particular cases shall be agreed upon by both parties
through consultation, and make a written contract or agreement.

3.3 This Agreement is made in quadruplicate,
one original for each party hereto, one is for the company, and the last one is for the undergoing the registration formalities
of change of shareholders’ equity with the Bureau of Industry and Commerce.

 

This Agreement shall come into force upon
signature by the two parties (the "Effective Date"). This Agreement will duly and validly execute by both parties on
October 27, 2015 in Beijing.

 

(The
remainder of this page is intentionally left blank.)

    -12- 

     

    

 

 

Party A:   Liu Fu

 

 

Signature: /s/
Liu Fu

 

 

 

Party
B: Liu Zhixin 

 

 

Signature:           /s/
Liu Zhixin 

 

 

 

 

 

 

 

 

 

 

 

 

 

    -13-Tianjin Information Sea Information
Technology Co., Ltd.

 

As one Party of this agreement

 

 

And

 

 

Mr. Liu Fu、Mrs.
Liu Zhixin

 

Together as one Party of this agreement

 

 

 

Entered into this

 

Equity pledge contract

 

 

 

 

 

 

 

October 27, 2015

 

 

 

 

 

 

 

 

 

 

 

 

    

     

    

Equity pledge contract

 

Both parties concludes this Equity pledge
contract (the “Contract”) on October 27, 2015 in Beijing:

 

		(1)	Tianjin Information Sea Information Technology Co., Ltd. Its registered address is Room
1704-8359 Block A Building Kuangshiguoji Xiangluowan Tianjin Free Trade (Central Business District). Its legal representative is
Liu Zhixin ("Pledgee"):

 

Mr.
Liu Fu. His home address is Group 1, Committee 9, BaoAn Street, Kedong Town, Kedong County Heilongjiang Province

ID No.
is 230230196505050257;

 

Mrs.
Liu Zhixin. Her home address is Room 1204, Unit 3, Building 7, Tianqinwan Wuyi Road, Xinxiu
District, Xianghe County, Langfang City, Hebei Province.

ID No.
is _230230198601020225;

(together
called the “Pledger”);

 

In
View of 

 

		1.	Pledger and Pledgee signed the Equity Interest Purchase Agreement (the Purchase Agreement”)
in October 27, 2015. According to the Purchase Agreement, Pledger granting Pledgee to purchase its full ownership of Shuhai Information
Technology Co., Ltd. (the "Domestic Company").

 

		2.	Pledgee and Domestic Company signed the Business Cooperation Agreement (the “Cooperation
Agreement”) on October 20, 2015.

 

		3.	As a guarantee for Pledger performing the Purchase Agreement and Domestic Company fulfilling the
Cooperation Agreement, Pledger is willing to provide its entire equity (the "Pledged Equity "), and all the other related
equity interest to Pledgee. Pledgee agrees to accept this guarantee.

 

 

Therefore, Pledger and Pledgee
have reached an agreement through friendly consultation to conclude the following contract.

 

		I.	Definitions

 

Unless otherwise stipulated in this
contract, all definitions of Purchase Agreement shall apply to this contract, and the defined word using in this contract is as
follows:

 

		1.1	Principal Obligations: (1) refers to the obligation under the Purchase Agreement bore
by the Pledger, including but not limited to transfer the Domestic Company’s equity holding by the Pledger according to
the Purchase Agreement, and the Pledger shall bear the cost (including

    -1-

     

    

			the attorney’s fees) for the Pledgee to implement its right subject to the Purchase
Agreement. (2) The Domestic Company shall bear all obligations under the Cooperation Agreement.

 

		1.2	The Period of Pledge: refers to the date of the contract comes into force till the
termination of the guarantee period.

 

		1.3	The Termination of Guarantee: refers to whichever is the earlier day of the following:
(a) the Pledger fulfills all its obligations under the Purchase Agreement, or (b) the Pledgee realizes all the pledge under this
contract according to Article 9.

 

		1.4	Pledge File: the investment certificate issued by the Domestic Company to the Pledger, and the
registration documents of the pledged equity issued by the registration authority (if applicable).

 

		1.5	Pledged equity earnings: refers to any cash or other forms of income generated by the pledged equity,
including but not limited to investment dividends, dividends, bonuses and other forms of investment returns.

 

		1.6	Pledge Registration Authority: refers to the State Administration for Industry and Commerce and
/ or its authorized local administrations.

 

		1.7	The articles of association: articles of incorporation of the Domestic Company.

 

		1.8	Business license: refers to the Domestic Company’s business license issued by State Administration
for Industry and Commerce or its authorized local administrations.

 

		II.	Subject matter

 

The subject
matter underlying the equity pledge contract is the equity held by the Pledger and all rights relate to the pledged equity (namely
the return on equity pledge). On the effective date of this contract, details of the pledge shares are as follows:

 

2.1
Name of the enterprise: Shuhai Information Technology Co., Ltd

 

Registered
capital:RMB 50,000,000Yuan

 

		2.4	Name of capital contribution shareholder, the amount and proportion of investment:

 

	Shareholder	Contribution amount (RMB)	Investment proportion(%)
	Liu Fu	32,500,000 yuan	65%
	Liu Zhixin	17,500,000 yuan	35%

 

		III.	Purview of Guarantee

 

		3.1	Pledger unconditionally and irrevocably pledge equity to the Pledgee according to this contract,
as a guarantee to fulfill its primary obligations.

 

    -2-

     

    
		3.2	The purview of guarantee subject to this contract include:

 

		3.2.1	The primary obligations defined in paragraph 1.1 of this contract;

 

		3.2.2	Pledgee’s cost on realizing its rights under this contract.

 

		3.2.3	Other obligations assumed by the Pledger according to this contract.

 

		4.	Guarantee Effect

 

		4.1	The validity of the guarantee under this contract will not be affected due to any changes of "Purchase
Agreement" and the "Cooperation Agreement".

 

		4.2	The invalid, withdraw or rescind of the Purchase Agreement or the
Cooperation Agreement shall not affect the validity of this contract. If the Purchase Agreement and / or the Cooperation
Agreement are invalid for any reason, or being withdrew or rescinded, the Pledgee is entitled to implement its right in accordance
with the provisions of Article 9 of the contract immediately.

 

		5.	The Register of the Pledge

 

Pledger
shall submit this contract promptly after the signing of this contract to the pledge registration agency to finish the registration
procedures according to provision 1.6 of the contract, and should complete the above-mentioned registration formalities within
15 working days from the date of signing this contract.

 

		6.	Custody and return the pledge document

 

		6.1	Pledger shall return the pledge document immediately after finishing the registration procedure
aforementioned according to Article 5; the Pledgee shall issue a receipt of the document in return.

 

		6.2	Pledgee has the obligation to keep its pledge documents received.

 

		6.3	Pledgee shall return the pledge document within 15 days of the release of the guarantee, and shall
provide necessary assistance to the Pledgee during the pledge lift procedure.

 

		7.	Statement and Guarantee

 

The Pledger hereby makes the
following statement and guarantee to the Pledgee, as of since the effective date of this contract and in the effective date of
this contract:

 

		7.1	Pledger hereby reiterate its statement and guarantee made in the Purchase Agreement;

    -3-

     

    

 

		7.2	Once completing the registration formalities stipulated in this contract, this contract constitutes
legal effective, legally binding obligation for the Pledger:

 

		7.3	Any equity pledge behavior made by the Pledger does not violate the relevant provisions of national
laws, regulations and other relevant provisions of government departments’ rules, also does not violate any contract, agreement
that the Pledger signed with any third party or any commitments issued to any third party;

 

		7.4	Pledger shall provide all documents, data relating to this contract to the Pledgee and make sure
these documents are true, accurate and complete;

 

		7.5	Pledger is the only lawful holder of pledged equity;

 

		7.6	Shareholders meeting of Domestic Companies have agreed the share pledge in this contract.

 

		8.	Promises of the Pledger

Pledger
promises to the Pledgee:

 

		8.1	Complete the equity pledge registration formalities in accordance with Article 5 of this contract;

 

		8.2	Without the prior written consent of the Pledgee, the Pledger will not dispose all or part of the
pledge shares, and will not set any other form of security interest in the pledged shares.

 

		8.3	If the pledged shares have been frozen in any circumstance, or any dispute, litigation, arbitration
or any other form administrative, judicial enforcement measures arise to against the pledge equity, the Pledger shall immediately
take necessary measures to remedy, and notify the Pledgee, and to provide any necessary assistance after the Pledgee join the administrative
or judicial proceedings required by law.

 

		8.4	Pledger will not to exercise the right of defense in civil or permitted by law, refuse to fulfill
its obligations in this contract, and will not hinder, delay the Pledgee to acquire its enjoyed legitimate rights under this contract.

 

		9.	Execution of right of pledged bills

 

		9.1	During the pledge period, if one or more of any of the following situation occurs, the Pledgee
is entitled to achieve its pledge:

 

		9.1.1	When the Pledger in violation of the Purchase Agreement and this contract, including but not limited
to the Purchase Agreement and statements, commitments and warranties were made in this contract:

 

		9.1.2	When the Pledgee shall have the right to perform its pledge under this contract according
to the Purchase Agreement;

 

    -4-

     

    

		9.1.3	When the Cooperation Agreement is invalid, withdrew or rescind or the Domestic Company seriously
breach its obligations under the Cooperation Agreement;

 

		9.1.4	When the Domestic Company suspends operations, liquidation or dissolution, or ordered to suspend
operations, liquidation or dissolution:

 

		9.1.5	Pledger involve any dispute, litigation, arbitration or administrative proceedings or any other
legal proceedings related with any pledge shares its held, which the Pledgee believe will have adverse effects upon Pledger’s
performance in the Purchase Agreement and this contract;

 

		9.1.6	Other events regulated by laws and regulations.

 

		9.2	The Pledger agrees and hereby authorizes the Pledgee, once one or more of situations prescribed
in article 9.1 appears, the Pledgee shall take one of the following measures to achieve the pledge partly or wholly without violating
the laws and regulations, after obtaining the necessary approvals (if necessary ):

 

		9.2.1	Transfer the pledged equity to the Pledgee with arranged price as a compensation to the Pledger
fails in performing its obligations;

 

		9.2.2	Pledgee can transfer the pledged equity to a third party designed by the Pledgee to fulfill its
contractual obligation if the law forbid the Pledgee to hold the pledged shares partly or wholly;

 

		9.2.3	Auction pledge equity;

 

		9.2.4	Exercise this contract in other ways permitted by law.

 

		9.3	Proceeds obtained from disposition of the pledged equity according to Article 9.2 shall be used
in the following orders:

 

		9.3.1	Pay the taxes and fees due to the disposal of shares arising from the pledged equity;

 

		9.3.2	Repay all the payments that the Pledger should made according to the Purchase Agreement and this
contract.

 

		9.4	Once the Pledgee achieves its pledge in accordance with the aforementioned Article 9.2, and obtains
the earnings and payments, it deemed as the Pledger has completely fulfilled its primary obligation, so the Pledgee will not request
other payment from the Pledger.

 

    -5-

     

    
		9.5	During the pledge period, the Pledgee is entitled to receive the pledge equity income.

 

		10.	Special agreement

 

		10.1	Pledger shall sign a declaration form as Annex 1 of this contract and submit to the Pledgee at
the same time signing the contract.

 

		10.2	Pledger shall not transfer its rights and / or obligations in this Contract. Pledgee may transfer
its rights and obligations in the Purchase Agreement and this contract to its related parties without the prior consent of the
Pledger. If the Pledgee transfers rights and obligations to their affiliates, the Pledger should handle with the appropriate procedures.
Pledgee transfers rights and obligations to a third party other than the related parties in this contract, it shall obtain prior
consent of the Pledger, and the Pledger shall not unreasonably refuse the request.

 

		11.	Pledged share transfer restrictions

 

		11.1	Without the prior written consent of the Pledgee, the Pledger shall not transfer its pledged shares.

 

		11.2	After the prior express written consent of the Pledgee, the Pledger transfer pledged equity in
this contract (excluding equity transfer due to the pledge right occurred in the Purchase Agreement), the Pledger shall encourage
assignee commitment in the corresponding pledged equity transfer files to the Pledgee, and complete the relevant pledge registration.

 

		12.	Liability for breach of contract

 

		12.1	If the Pledger in violation of this contract, the Purchase Agreement and the Cooperation Agreement,
it constitutes the breach of the contract. The Pledgee has right to pursue the responsibility of the Pledger other than clauses
specified in the Purchase Agreement and the Cooperation Agreement.

 

		12.2	Any party who contravenes the provisions of this contract shall compensate direct
economic losses to the other party.

 

		13.	Applicable law and dispute settlement

 

		13.1	Chinese laws govern formation, validity, interpretation and performance of this contract.

 

		13.2	For any dispute that occurred between the Pledger and the Pledgee during the implementation of
this contract, each party should first be resolved through friendly consultations. If one party notifies its opinions in written
to the other party cannot negotiate the dispute within 60 days to resolve the dispute, either party can submit the dispute to the
China International Economic and Trade Arbitration Commission in accordance with its effective arbitration rules in Beijing. The
arbitral award is final and binding on any party.

    -6-

     

    

 

		14.	The exercise of rights of the pledge

 

In the case of Pledgee achieve
its pledge according to Article 9, the Pledgee does not exercise or delay in exercising any rights or remedies, shall not be construed
as a waiver of such right, and shall not affect the Pledgee’s right to claim for remedies according to laws and regulations
at any time.

 

		15.	The effectiveness of the contract terms

 

		15.1	If there is any inconsistency or conflict provision between this contract and the Purchase Agreement,
the former shall prevail.

 

		15.2	Invalid of any part of the contract does not affect the validity of the other provisions of this
contract.

 

		16.	Modify and termination of the contract

 

After this
contract comes into force, any party shall not unilaterally modify or rescind the contract. If it needs to be modified or terminated,
it should be done through mutual agreement, and reached in a written contract. Before making such written contract, the terms of
this contract is still valid.

 

		17.	Notification

 

Any notice
of this contract shall be in written form and sent by registered mail, courier or fax. Notify the other party should in accordance
with the following address and number or other address and number receive prior notice to the other party:

 

	Pledgee:	Tianjin Information Sea Information Technology Co., Ltd
	Address:	Room 1704-8359 Block A Building Kuangshiguoji Xiangluowan Tianjin Free Trade (Central Business District)
	Fax:	 
	Receiver:	Mrs Liu Zhixin

 

 

	Pledger:	Mr Liu Fu
	Address:	Room 21BC1 No.1 Xinghuo Road, Fengtai District, Beijing City
	Fax:	 

 

	Pledger:	Mrs Liu Zhixin
	Address:	 

    -7-

     

    

 

	Fax:	Room 21BC1 No.1 Xinghuo Road, Fengtai District, Beijing City

 

		18.	Other matters

 

		18.1	For the unaccomplished matters of this contract, both the parties agree to settle in the form of
supplementary contract. Any attachment, supplementary contract will become an integral part of this contract, and has the same
legal effect as this contract.

 

		18.2	This contract has six (6) formal copies: the Pledgee holds two (2); the Pledgor holds (1); one
(1) copy shall be submitted to the Domestic Company for the pledge registration; one (1) copy shall be submitted to the registration
agencies for pledge registration.

 

		19.	The effective and termination of the contract

 

		19.1	This contract is valid upon signing by both parties.

 

		19.2	The termination of the contract is the date of guarantee disarmament.

 

This as evidence that the contract is
signed by all the parties in the first page of official date stated in the text signed in Beijing.

 

 

Pledgee:   Tianjin
Information Sea Information Technology Co., Ltd

 

Signature:/s/
Liu Zhixin                        

 

Name:
Liu Zhixin                          

Position:
Legal Representative

 

 

 

Pledger:
Mr Liu Fu

 

Signature:/s/
Fu Liu                       

 

Mrs
Liu Zhixin

 

Signature:/s/
Liu Zhixin                      

  

 

 

  

 

 

    -8-

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