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Exhibit 4.7
Power of Attorney
I, Li Hua / Li Lei (collectively referred to as the “Existing Shareholders”) (ID Card Number: ), hold RMB8,500,000 / 1,500,000 in the registered capital of Shenzhen Futu Network Technology Co., Ltd. (the “Domestic Company”) on the date of the execution of this Power of Attorney. For all the equity interests in the Domestic Company that are held by me now and will be held by me in the future (“My Shareholding”), I hereby irrevocably authorize Shensi Network Technology (Beijing) Co., Ltd. (the “Wholly-owned Company”) to exercise the following rights during the term of this Power of Attorney:
The Wholly-owned Company or the person(s) designated by the Wholly-owned Company (including but not limited to the directors of Futu Holdings Limited, a foreign holding company of the Wholly-owned Company, and their successors, and any liquidators in replacement of the directors of Futu Holdings Limited, but excluding anyone who is non-independent or may give rise to conflict of interest) (the “Designee”) is hereby authorized to act on my behalf as my sole exclusive agent and attorney to exercise the following rights with respect to all matters concerning My Shareholding, including without limitation to: 1) attending the shareholders’ meeting of the Domestic Company and execute meeting minutes; 2) filing required documents with the relevant company registry; 3) exercising all the shareholders’ rights and shareholders’ voting rights I am entitled to under the law and the articles of association of the Domestic Company, including but not limited to selling, transferring, pledging or disposing of My Shareholding in part or in whole; and 4) designating and appointing on my behalf the legal representative, directors, supervisors, general manager and other senior management members of the Domestic Company.
I hereby confirm that, without prior written consent of the Wholly-owned Company, I will not directly or indirectly participate in, engage in, be involved in or own, or use information acquired from the Wholly-owned Company to participate in, engage in, be involved in or own any business in competition with the Wholly-owned Company or its affiliates or the principal business, nor will I hold any interest in or benefit from any business in competition with the Wholly-owned Company or its affiliates or the principal business. For the avoidance of doubt, this Power of Attorney shall not be considered an authorization for me or other non-independent persons or persons that may cause conflicts of interest to exercise the rights conferred by this Power of Attorney.
If I become a person without or with limited capacity for civil conduct for any reason, my agent or successor shall continue to perform his/her duties and rights under the premise of committing to continue to abide by the provisions of this Power of Attorney.
The Designee shall have the rights to execute, on my behalf, the Exclusive Option Agreement entered into by and among me, the Wholly-owned Company, and the Domestic Company on September 30, 2021, and the Equity Interest Pledge Agreement entered into by and among me, the Wholly-owned Company, and the Domestic Company on September 30, 2021 (including any modification, amendment and restatement thereto, collectively, the
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“Transaction Documents”), and all the documents I shall sign as stipulated in the Transaction Documents, and perform the terms of the Transaction Documents. The exercise of these rights shall not constitute any restriction on the granting of rights hereunder.
All the actions associated with My Shareholding conducted by the Designee shall be deemed to be conducted by me, and all the documents related to My Shareholding executed by the Designee shall be deemed to be executed by me, all of which I hereby acknowledge and ratify.
The Designee has the rights to re-authorize or assign its rights related to the aforesaid matters to any other person or entity at its own discretion and without giving prior notice to me or obtaining my consent. If required by the PRC laws, the Designee shall designate a PRC citizen to exercise the aforementioned rights.
Unless otherwise stipulated in this Power of Attorney, the Designee has the rights to allocate, use or otherwise dispose of cash dividends and other non-cash income arising from My Shareholding in accordance with my oral or written instructions.
In the event of any dispute arising out of or in connection with the execution of this Power of Attorney, either I or the Designee has the rights to submit such dispute to the China International Economic and Trade Arbitration Commission for arbitration in Beijing in accordance with the arbitration proceedings and rules then being in force. The arbitral tribunal shall consist of three (3) arbitrators designated in accordance with the arbitration rules. The applicant and the respondent shall appoint one (1) arbitrator respectively, and the third arbitrator shall be appointed by the two arbitrators abovementioned through negotiations. The arbitration proceedings shall be confidential and conducted in Chinese. The arbitral awards shall be final and binding on all parties. Under appropriate circumstance, the arbitral tribunal or the arbitrators may make a ruling on remedial measures in respect of My Shareholding or assets under the applicable PRC laws, including restricting business operations, and restricting or prohibiting transfers or sales of equity interests or assets. In addition, during the formation of arbitral tribunal, the Designee and I have the rights to apply to any court of competent jurisdiction (including courts in the PRC, Hong Kong and the Cayman Islands) for the grant of interim remedial measures. During arbitration, except for the part in dispute and under arbitration in relation to me or the Designee, this Power of Attorney shall remain effective.
This Power of Attorney remains effective during the period when I hold the equity interests in the Domestic Company.
During the term of this Power of Attorney (i.e., the period when I hold the equity interests in the Domestic Company), I hereby waive all the rights associated with My Shareholding, which have been authorized to the Designee through this Power of Attorney, and shall not exercise such rights by myself.
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IN WITNESS WHEREOF, I have executed this Power of Attorney as of September 30, 2021.
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Attorney:
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Li Hua / Li Lei
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	By:
	/s/ Li Hua / /s/ Li Lei
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Signature page of this Power of Attorney

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Appendix 1: Existing Shareholders
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	No.
	Name
	Date

	1.
	Li Hua
	September 30, 2021

	2. 
	Li Lei
	September 30, 2021

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Signature page of this Power of AttorneyExhibit 4.8
Exclusive Option Agreement
This Exclusive Option Agreement (the “Agreement”) is made and entered into on September 30, 2021 in the People’s Republic of China (the “PRC”, for the purposes of this Agreement, excluding the Hong Kong Special Administrative Region, the Macau Special Administrative Region and Taiwan Region of the PRC) by and among the following parties:
Party A: Shensi Network Technology (Beijing) Co., Ltd. (hereafter referred to as “Party A” or the “Foreign-invested Enterprise”), a Foreign-invested Enterprise established and validly existing under the laws of the PRC
Registered Address: 2104-A073, No. 9 West North Fourth Ring Road, Haidian District, Beijing
Party B: Li Hua / Li Lei (collectively referred to as the “Existing Shareholders”); and
Party C: Shenzhen Futu Network Technology Co., Ltd. (hereinafter referred to as “Party C” or the “Domestic Company”), a limited liability company established and validly existing under the laws of the PRC
Registered Address: 25th floor, Building D1, Kexing Science Park, No. 15 Keyuan Road, Community of Science and Technology Park, Yuehai Street, Nanshan District, Shenzhen
(Each of the Foreign-invested Enterprise, the Existing Shareholders or the Domestic Company shall be hereafter individually referred to as a “Party”, and collectively referred to as the “Parties”.)
Whereas:
Party B holds RMB8,500,000 / 1,500,000 in the registered capital of the Domestic Company.
Now, therefore, the Parties have reached the following agreements through negotiations:
Article 1Sale and Purchase of Equity Interests
1.1Option Granted
During the term of this Agreement, the Existing Shareholders hereby irrevocably grant the Foreign-invested Enterprise an irrevocable and exclusive right to purchase, or designate one or more persons (hereafter referred to as the “Designee”) to purchase, all or part of the equity interests in the Domestic Company then held by the Existing Shareholders at one or multiple times at any time at the Foreign-invested Enterprise’s sole and absolute discretion to the extent permitted by the laws of the PRC and at the price described in Article 1.3 herein (the “Equity Interest Purchase Option”). Except for the Foreign-invested Enterprise and the Designee, no other person shall be entitled to the
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Equity Interest Purchase Option or other rights with respect to the equity interests of the Existing Shareholders. The Domestic Company hereby agrees to the grant by the Existing Shareholders of the Equity Interest Purchase Option to the Foreign-invested Enterprise. The term “person” as used herein shall refer to individuals, corporations, partnerships, partners, enterprises, trusts or non-corporate organizations.
1.2Steps for Exercise
Subject to the provisions of the laws and regulations of the PRC, the Foreign-invested Enterprise may exercise the Equity Interest Purchase Option by issuing a written notice to the Existing Shareholders (the “Equity Interest Purchase Notice”), specifying: (a) the Foreign-invested Enterprise’s or the Designee’s decision to exercise the Equity Interest Purchase Option; (b) the portion of equity interests to be purchased by the Foreign-invested Enterprise or the Designee from the Existing Shareholders (the “Purchased Equity Interests”); and (c) the date for purchase/transfer of the Purchased Equity Interests.
1.3Equity Interest Purchase Price
The total purchase price of all equity interests held by the Existing Shareholders in the Domestic Company purchased by the Foreign-invested Enterprise by exercising the Equity Interest Purchase Option shall be the actual amount of capital contribution paid by the Existing Shareholders for the Purchased Equity Interests; if the Foreign-invested Enterprise exercises the Equity Interest Purchase Option to purchase part of the equity interests held by the Existing Shareholders in the Domestic Company, the purchase price shall be calculated on a pro-rata basis. If the PRC laws require a minimum price higher than the price mentioned above when the Foreign-invested Enterprise exercises the Equity Interest Purchase Option, the minimum price regulated by the PRC laws, regulations, and relevant rules shall be the transfer price (collectively, the “Equity Interest Purchase Price”).
The total transfer price and any other related proceeds received by the Existing Shareholders as result of the transfer of the equity interests held by them in the Domestic Company shall be given to the Foreign-invested Enterprise or the entity designated by the Foreign-invested Enterprise without compensation immediately after acquisition.
1.4Transfer of the Purchased Equity Interests
For each exercise of the Equity Interest Purchase Option by the Foreign-invested Enterprise:
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		1.4.1
	The Existing Shareholders shall cause the Domestic Company to promptly convene a shareholders’ meeting, at which a resolution shall be adopted approving the Existing Shareholders’ transfer of the Purchased Equity Interests to the Foreign-invested Enterprise and/or the Designee;

		1.4.2
	The Existing Shareholders shall obtain written statements from other shareholders of the Domestic Company (if applicable) giving consent to the transfer of the Purchased Equity Interests to the Foreign-invested Enterprise and/or the Designee and waiving the right of first refusal related thereto; other shareholders of the Domestic Company (if applicable) shall agree in writing to the transfer of the Purchased Equity Interests by the shareholders to the Foreign-invested Enterprise and/or the Designee and waiving the right of first refusal related thereto;

		1.4.3
	The Existing Shareholders shall execute an equity interest transfer contract and other relevant legal documents for each transfer with the Foreign-invested Enterprise and/or the Designee (whichever is applicable), following the provisions of this Agreement and the Equity Interest Purchase Notice;

		1.4.4
	The relevant Parties shall execute all other necessary contracts, agreements or documents, obtain all necessary government licenses and permits and take all necessary actions to transfer valid ownership of the Purchased Equity Interests to the Foreign-invested Enterprise and/or the Designee, unencumbered by any security interests, and cause the Foreign-invested Enterprise and/or the Designee to become the registered owner(s) of the Purchased Equity Interests. For the purpose of this Article and this Agreement, “security interests” shall include securities, mortgages, third party’s rights or interests, any stock options, acquisition right, right of first refusal, right to offset, ownership retention or other security arrangements, but shall be deemed to exclude any security interest created by this Agreement, the Existing Shareholders’ Equity Interest Pledge Agreement and the Existing Shareholders’ Power of Attorney, for the purpose of definite. The “Existing Shareholders’ Equity Interest Pledge Agreement” as used in this Agreement shall refer to the Equity Interest Pledge Agreement executed by and among the Foreign-invested Enterprise, the Existing Shareholders and the Domestic Company on the date hereof and any modification, amendment and restatement thereto. The “Existing Shareholders’ Power of Attorney” as used in this Agreement shall refer to the Power of Attorney executed by the Existing Shareholders on the date hereof granting the Foreign-invested 

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Enterprise a power of attorney and any modification, amendment and restatement thereto.
Article 2Covenants
2.1Covenants regarding the Domestic Company
The Existing Shareholders (as shareholders of the Domestic Company) and the Domestic Company hereby covenant as follows:
		2.1.1
	Without the prior written consent of the Foreign-invested Enterprise, they shall not in any manner supplement, change or amend the articles of association of the Domestic Company, increase or decrease its registered capital, or change its structure of registered capital in other manners;

		2.1.2
	They shall maintain the Domestic Company’s corporate existence in accordance with good financial and business standards and practices, obtain and maintain all necessary government licenses and permits for conducting business by Domestic Company, and prudently and effectively operating its business and handling its affairs; the annual budget and final accounts of the Domestic Company shall be subject to the prior written consent of the Foreign-invested Enterprise;

		2.1.3
	Without the prior written consent of the Foreign-invested Enterprise, they shall not, at any time following the effective date hereof, sell, transfer, mortgage or otherwise dispose the equity interests in the Domestic Company and its subsidiaries, or allow to set any other security interest thereon;

		2.1.4
	Without the prior written consent of the Foreign-invested Enterprise, they shall not at any time following the effective date hereof, sell, transfer, mortgage or otherwise dispose of legal or beneficial interest of any material assets, business or revenues of the Domestic Company and its subsidiaries, or allow to set any other security interest thereon;

		2.1.5
	Without the prior written consent of the Foreign-invested Enterprise, the Domestic Company and its subsidiaries shall not incur, inherit, guarantee or suffer the existence of any debt, except for payables incurred in the normal or ordinary course of business other than through loans and the liability between the Domestic Company and its subsidiaries;

		2.1.6
	They shall always operate all businesses of the Domestic Company within the normal business scope to maintain the asset value of the Domestic Company and its subsidiaries, and refrain from any action/omission that may affect its operating status and asset value;

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		2.1.7
	Without the prior written consent of the Foreign-invested Enterprise, they shall not cause the Domestic Company and its subsidiaries to execute any major contract, except the contracts in the normal course of business;

		2.1.8
	Without the prior written consent of the Foreign-invested Enterprise, the Domestic Company and its subsidiaries shall not provide any person with any loan or credit (except for loans or credits extended to the wholly-owned subsidiaries of the Domestic Companies);

		2.1.9
	They shall provide the Foreign-invested Enterprise with all information on the business operations and financial condition of the Domestic Company and its subsidiaries at the Foreign-invested Enterprise's request;

		2.1.10
	If requested by the Foreign-invested Enterprise, the Domestic Company and its subsidiaries shall procure and maintain insurance in respect of their assets and business from an insurance carrier acceptable to the Foreign-invested Enterprise, at an amount and with a type of coverage typical for companies that operate similar businesses;

		2.1.11
	Without the prior written consent of the Foreign-invested Enterprise, Domestic Company and its subsidiaries shall not merge, consolidate with, acquire or invest in any person;

		2.1.12
	They shall immediately notify the Foreign-invested Enterprise of the occurrence or possible occurrence of any litigation, arbitration or administrative proceedings relating to the assets, business or revenue of the Domestic Company and its subsidiaries;

		2.1.13
	To maintain the ownership by the Domestic Company and its subsidiaries of all its assets, they shall execute all necessary or appropriate documents, take all necessary or appropriate actions, file all necessary or appropriate complaints, and raise necessary or appropriate defenses against all claims;

		2.1.14
	Without the prior written consent of the Foreign-invested Enterprise, they shall ensure that the Domestic Company shall not in any manner distribute dividends to its shareholders, provided that upon the Foreign-invested Enterprise’s request, the Domestic Company shall immediately distribute all distributable profits to its shareholders;

		2.1.15
	Upon the request of the Foreign-invested Enterprise, they shall appoint any person designated by the Foreign-invested Enterprise as directors, supervisors (if applicable), and senior management of the Domestic Company and its subsidiaries and/or remove any director, supervisor, and senior

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management in office of the Domestic Companies and its subsidiaries, and fulfill all relevant resolutions and filing procedures;
		2.1.16
	Without the prior written consent of the Foreign-invested Enterprise, the Domestic Companies and its subsidiaries shall not engage in any business that competes with the Foreign-invested Enterprise or its related companies; and

		2.1.17
	Unless compulsively required by the PRC laws, the Domestic Company and its subsidiaries shall not be dissolved or liquated without the written consent of the Foreign-invested Enterprise.

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		2.2
	Covenants of the Existing Shareholders

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The Existing Shareholders hereby covenant as follows:
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		2.2.1
	Without the prior written consent of the Foreign-invested Enterprise, from the effective date of this Agreement, the Existing Shareholders shall not sell, transfer, mortgage or otherwise dispose of any legal or beneficial interest in the equity interests in the Domestic Company held by them, or allow to set any other security interest thereon, except for any interest created under the Existing Shareholders’ Equity Interest Pledge Agreement and the Existing Shareholders’ Power of Attorney;

		2.2.2
	Without the prior written consent of Foreign-invested Enterprise, the Existing Shareholders shall cause the shareholder’s meeting and/or the directors of Domestic Company not to approve any sale, transfer, mortgage or other disposal of any legal or beneficial interest in the equity interests in the Domestic Company held by any Existing Shareholders, or allowing to set any other security interest thereon, except for approval of any interest created under the Existing Shareholders’ Equity Interest Pledge Agreement and the Existing Shareholders’ Power of Attorney;

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		2.2.3
	Without the prior written consent of the Foreign-invested Enterprise, the Existing Shareholders shall cause the shareholder’s meeting and/or the director of Domestic Company not to approve any merge or consolidation with any person, or any acquisition of or investment in any person, by the Domestic Company and its subsidiaries;

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		2.2.4
	The Existing Shareholders shall immediately notify the Foreign-invested Enterprise of the occurrence or possible occurrence of any litigation, arbitration or administrative proceedings relating to the equity interests in the Domestic Company held by the Existing Shareholders;

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		2.2.5
	The Existing Shareholder shall cause the shareholder’s meeting or the directors of Domestic Company to vote for the transfer of the Purchased Equity Interests as set forth in this Agreement and to take any other action at the request of the Foreign-invested Enterprise;

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		2.2.6
	To maintain their ownership of the equity interests, the Existing Shareholders shall execute all necessary or appropriate documents, take all necessary or appropriate actions, file all necessary or appropriate complaints, and raise necessary or appropriate defenses against all claims;

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		2.2.7
	Upon the request of the Foreign-invested Enterprise, the Existing Shareholders shall appoint any person designated by the Foreign-invested Enterprise as directors, supervisors (if applicable) and senior management of the Domestic Company and its subsidiaries;

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		2.2.8
	The Existing Shareholders hereby waive their right of first refusal (if any) in respect of any transfer of the equity interests by any other shareholders of the Domestic Company to the Foreign-invested Enterprise or the Designee, give consent to any execution by any other shareholders of the Domestic Company with the Foreign-invested Enterprise, the Designee, or the Domestic Company of exclusive option agreements, equity interest pledge agreement and power of attorney similar to this Agreement, the Existing Shareholders’ Equity Interest Pledge Agreement and the Existing Shareholders’ Power of Attorney, and guarantee not to take any action in conflict with any of such documents executed by the other shareholders;

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		2.2.9
	If the Existing Shareholders received any profit, dividend, bonus or proceeds of liquidation from the Domestic Company, they shall promptly donate the same to the Foreign-invested Enterprise or any other person designated by Foreign-invested Enterprise to the extent permitted by the PRC laws; and

		2.2.10
	The Existing Shareholder shall strictly abide by the provisions of this Agreement and other agreements jointly and separately executed by and among the Existing Shareholders, the Domestic Company and the Foreign-invested Enterprise, perform the obligations thereunder, and refrain from any action/omission that may affect the effectiveness and enforceability thereof. To the extent that the Existing Shareholders have any remaining rights with respect to the equity interests under this Agreement or the Existing Shareholders’ Equity Interest Pledge Agreement or the Existing Shareholders’ Power of Attorney, the Existing Shareholders shall not exercise such rights except in accordance with the written instruction of the Foreign-invested Enterprise.

Article 3      Representations and Warranties
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The Existing Shareholders and Domestic Company hereby represent and warrant to the Foreign-invested Enterprise, jointly and separately, as of the date of this Agreement and each transfer date, that:
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		3.1
	They have the power, capacity and authority to execute and deliver this Agreement and any equity interest transfer contracts to which they are parties concerning each transfer of the Purchased Equity Interests according to this Agreement (each a “Transfer Contract”), and to perform their obligations under this Agreement and any Transfer Contract. The Existing Shareholders and the Domestic Company agree to enter into transfer contracts consistent with the terms of this Agreement upon the Foreign-invested Enterprise’s exercise of the Equity Interest Purchase Option. Once executed, this Agreement and each Transfer Contract to which they are parties constitute or will constitute their legal, valid and binding obligations and shall be enforceable against them in accordance with the provision thereof;

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		3.2
	The Existing Shareholders and the Domestic Company have obtained approval and consents from third parties and the government authorities (if necessary), to sign, deliver and perform this Agreement;

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		3.3
	Neither the execution and delivery of this Agreement or any Transfer Contract nor the performance of the obligations under this Agreement or any Transfer Contract will: (i) cause any violation of any applicable laws of the PRC; (ii) conflict with the articles of association or other organizational documents of the Domestic Company; (iii) cause the violation of any contract or instrument to which they are parties or which are binding on them, or constitute any breach under any contract or instrument to which they are parties or which are binding on them; (iv) cause any violation of any condition to grant and/or maintain the validity of any approval or permit granted to them; or (v) cause any permit or approval granted to them to be suspended, cancelled or imposed with additional conditions;

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		3.4
	The Existing Shareholders have a good and merchantable title to the equity interests held by them in the Domestic Company, excepted for Existing Shareholders’ Equity Interest Pledge Agreement and the Existing Shareholders’ Power of Attorney, the Exiting Shareholders have not placed any security interest on such equity interests;

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		3.5
	The Domestic Company has a good and merchantable title to all the assets held by them, and has not placed any security interest on such assets, excepted for the disclosures made by the Domestic Company to the Foreign-invested Enterprise;

		3.6
	The Domestic Company does not have any outstanding debts, except for (i) the debts arising from the normal course of business, and (ii) the debts which have been disclosed to the Foreign-invested Enterprise and require the written consent of Foreign-invested Enterprise pursuant to this Agreement and to which the Foreign-invested Enterprise has agreed;

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		3.7
	The Domestic Company shall comply with all laws and regulations applicable to asset acquisition; and

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		3.8
	There are no pending or threatened litigation, arbitration or administrative proceedings relating to the equity interests, the assets of the Domestic Company, or the Domestic Company, except for those which have been disclosed to the Foreign-invested Enterprise.

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Article 4     Effective Date and Termination
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		4.1
	Each party confirms that this Agreement shall become effective upon formal execution by each Party, and shall be legally binding on each Party of this Agreement, and each Party shall have all the rights hereunder and shall perform all the obligations hereunder.

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		4.2
	This Agreement shall terminate when and only if one of the following circumstances occurs:

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		4.2.1
	This Agreement will terminate upon all the equity interests in the Domestic Company held by the Existing Shareholders or its successors or assignees are legally transferred to the Foreign-invested Enterprise and/or other persons designated by it in accordance with this Agreement; or

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		4.2.2
	This Agreement must be terminated under the requirements of applicable PRC laws;

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Article 5     Governing Law and Resolution of Disputes
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		5.1
	Governing Law

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The execution, validity, interpretation, performance, amendment and termination of this Agreement and resolution of disputes hereunder shall be governed by the laws of the PRC.
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		5.2
	Methods of Resolution of Disputes

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For any dispute arising from the performance of or in connection with this Agreement, either Party shall be entitled to submit the relevant dispute to the China International Economic and Trade Arbitration Commission (“CIETAC”) for arbitration in Beijing in accordance with the arbitration proceedings and rules then being in force. The arbitral tribunal shall consist of three (3) arbitrators appointed in accordance with the arbitration rules. The applicant and the respondent shall appoint one (1) arbitrator respectively, and the third arbitrator shall be appointed by the two arbitrators above through negotiations. Subject to the requirement of the PRC laws, the arbitral tribunal or the arbitrators shall make a ruling on remedial measures with respect to the equity interests in or assets of the Domestic Company or the assets of the Existing Shareholders under the terms of resolution of disputes and/or applicable PRC laws, including restricting business operations, restricting or prohibiting transfers or sales of the equity interests or assets, or proposing liquidation of the Domestic Company. In addition, during the formation of arbitral tribunal, Party A is entitled to apply to any court of competent jurisdiction (including courts in the PRC, Hong Kong and the Cayman Islands) for granting interim remedial measures. The arbitration proceedings shall be confidential and conducted in Chinese. The arbitration awards shall be final and legally binding upon the Parties. During arbitration, except for the part in dispute and under arbitration, the Parties shall continue to enjoy and perform the other rights and the corresponding obligations hereunder.
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Article 6     Taxes and Fees
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Each Party shall pay any and all transfer and registration taxes, expenses and fees incurred thereby or levied thereon in accordance with the laws of the PRC in connection with the preparation and execution of this Agreement and the Transfer Contracts, as well as the completion of the transactions contemplated under this Agreement and the Transfer Contracts.
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Article 7     Notices
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		7.1
	All notices and other communications required or permitted to be given to a Party pursuant to this Agreement shall be delivered personally or sent by registered mail, postage prepaid, commercial courier service or email to the address of such Party set forth below. The dates on which notices shall be deemed to have been effectively given shall be determined as follows:

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		7.1.1
	If the notice is given by personal delivery (including express mail), the date of receipt shall be the effective date of service;

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		7.1.2
	If the notice is sent by registered mail, postage prepaid, the fifteenth (15) day after the date on the receipt of registered mail shall be the effective date of service;

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		7.1.3
	If the notice is sent by email, when the sender receives the system message indicating that the email was sent successfully or the sender did not receive the system message within twenty-four (24) hours indicating that the email was not delivered or was returned, the date of successful transmission of the email shall be the effective date of service. However, if this email was delivered later than 5:00 P.M. or on a non-working date at the place of service, the date of service shall be the next working day shown on the date record.

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		7.2
	For the purpose of notices under this Article, the addresses of the Parties to receive notices are as follows:

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Party A:        Shensi Network Technology (Beijing) Co., Ltd.
Address:       28th floor, Building D1, Kexing Science Park, No. 15 Keyuan Road, Community of Science and Technology Park, Yuehai Street, Nanshan District, Shenzhen
Attn:              Legal Center
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Party B:         Li Hua / Li Lei
Address:
Attn:
Email:
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Party C:         Shenzhen Futu Network Technology Co., Ltd.
Address:        28th floor, Building D1, Kexing Science Park, No. 15 Keyuan Road, Community of Science and Technology Park, Yuehai Street, Nanshan District, Shenzhen
Attn:              Legal Center
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		7.3
	Any Party may at any time change its address for notices by a notice delivered to the other Parties in accordance with this Article.

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Article 8     Confidentiality
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The Parties acknowledge and confirm that any oral or written information in relation to this Agreement or the contents hereof and exchanged between the Parties in connection with the preparation and performance of this Agreement shall be regarded as confidential information. Each Party shall maintain the confidentiality of all such confidential information and, without obtaining the written consent of other Parties, shall not disclose any 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 to the Public); (b) is required to be disclosed pursuant to the applicable laws and regulations, rules of any stock exchange, or orders of government authorities or courts; or (c) is required to be disclosed by any Party to its shareholders, directors, employees, legal counsels or financial advisors regarding the transaction contemplated hereunder, provided that such shareholders, directors, employees, legal counsels, or financial advisors shall be bound by the confidentiality obligations similar to those set forth in this Article. Disclosure of any confidential information by the shareholders, director, employees of, or agencies engaged by any Party shall be deemed disclosure by such Party and such Party shall be held liable for breach of this Agreement.
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Article 9 Further Warranties
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The Parties agree to promptly execute documents that are reasonably required for or are conducive to the implementation of the provisions and purposes of this Agreement and take further actions that are reasonably required for or are conducive to the implementation of the provisions and purposes of this Agreement.
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Article 10      Breach of Agreement
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		10.1
	If the Existing Shareholders or the Domestic Company conducts any material breach of any term of this Agreement, the Foreign-invested Enterprise shall have right to terminate this Agreement and/or require the Existing Shareholders or the Domestic Company to compensate for all damages; this Article 10 shall not prejudice any other rights of the Foreign-invested Enterprise herein;

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		10.2
	The Existing Shareholders or the Domestic Company shall not have any right to terminate or rescind this Agreement in any event unless otherwise required by the applicable laws.

Article 11      Miscellaneous
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		11.1
	Amendment, Change and Supplement

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Any amendment and supplement to this Agreement shall be executed in writing. Party A shall have right to change or supplement any term of this Agreement at its own discretion according to the requirements of relevant regulatory authorities or other considerations. Once Party A issues a written notice to amend and supplement this Agreement, Party B shall sign the revised and supplemented agreement as required by Party A.
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If regulatory authorities propose any amendments to this Agreement, the Parties shall amend this Agreement accordingly.
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		11.2
	Entire Agreement

Except for the amendments, supplements or changes made in writing after the execution of this Agreement, this Agreement shall constitute the entire agreement reached by and among the Parties hereto with respect to the subject matter hereof, and shall supersede all prior oral and written consultations, representations and contracts reached with respect to the subject matter of this Agreement.
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		11.3
	Headings

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.
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		11.4
	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 respect. The Parties shall strive in good faith to replace such invalid, illegal or unenforceable
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provisions with provisions that are effective to the greatest extent permitted by laws and the intentions of the Parties, and the economic effect of such effective provisions shall be as close as possible to that of those invalid, illegal or unenforceable provisions.
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		11.5
	Successors

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This Agreement shall be binding on and shall inure to the benefit of the respective successors of the Parties and the permitted assignees of such Parties.
​
		11.6
	Survival

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		11.6.1
	Any obligations that occur or that are due as a result of this Agreement upon the expiration or early termination of this Agreement shall survive the expiration or early termination thereof.

​
		11.6.2
	The provisions of Articles 5, 8, 10 and this Article 11.6 shall survive the termination of this Agreement.

​
		11.7
	Waivers

​
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.
​
		11.8
	Language and Text

​
This Agreement is written in Chinese language in three (3) copies. Each of the Foreign-invested Enterprise, the Existing Shareholders and the Domestic Company has one (1) copy.
​
(Remainder of page intentionally left blank. Signature page to follow)
​
​
​

​

​
IN WITNESS WHEREOF, the Parties have executed, or caused their authorized representatives to execute, this Exclusive Option Agreement as of the date first above written.
​
Party A:
​
Shensi Network Technology (Beijing) Co., Ltd. (Seal)
​
	By:
	/s/ Li Hua
	​

	Name:
	Li Hua
	​

	Title:
	Legal Representative
	​

​
Party B:
​
Li Hua / Li Lei
​
	​

	​

	​

	By:
	/s/ Li Hua / /s/ Li Lei
	​

​
Party C:
​
Shenzhen Futu Network Technology Co., Ltd. (Seal)
​
	By:
	/s/ Li Hua
	​

	Name:
	Li Hua
	​

	Title:
	Legal Representative
	​

​
​

Signature Page of the Exclusive Option Agreement

Appendix 1: Existing Shareholders
​
	Name
	Amount of 
contribution 
(ten thousand 
yuan)
	Method of 
investment 
contribution
	Shareholding 
ratio

	Li Hua
	850
	cash
	85%

	Li Lei
	150
	cash
	15%

	Total
	1,000
	cash
	100%

​

Signature Page of the Exclusive Option Agreement

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