Document:

CALL OPTION AGREEMENT

 

AMONG

 

LONG CHEN

 

HONGWEI DENG

 

YICHUNFENG INTERNATIONAL BIOTECHNOLOGY
(CHINA) LIMITED

 

AND

 

JIANGXI YICHUNFENG BIOHEALTH
LIMITED

 

 

 

 

 

 

 

 

 

 

MAY 20, 2019

    	 

    	 

    

CALL OPTION AGREEMENT

 

This CALL OPTION AGREEMENT (this
"AGREEMENT") is entered into in China as of May 20, 2019 by and among the following Parties:

 

		(1)	LONG CHEN (“CL”)

 

ADDRESS:

 

CITIZEN IDENTIFICATION NUMBER:

 

(2) HONGWEI DENG (“DH”)

 

ADDRESS:

 

CITIZEN IDENTIFICATION NUMBER:

 

(3) YICHUNFENG INTERNATIONAL BIOTECHNOLOGY (CHINA)
LIMITED (“YIBL”)

 

ADDRESS: NO. 306 MAIN BUILDING, JIN MONG KOK
INTERNATIONAL HOTEL, 182 NATIONAL AVENUE, QINGXIU DISTRICT, NANNING CITY

 

UNIFIED SOCIAL CREDIT CODE:

 

(4) JIANGXI YICHUNFENG BIOHEALTH LIMITED (“JYBL”)

 

REGISTERED ADDRESS: GOLDEN INDUSTRIAL PARK,
NANFENG, FUZHOU, JIANGXI, 344500, CHINA

 

UNIFIED SOCIAL CREDIT CODE:

 

(The above parties shall hereinafter be individually
referred to as a "PARTY" and collectively, "PARTIES".)

 

WHEREAS

 

(1) 
CL and DH are the enrolled Shareholder of the JYBL, legally holding all of the equity of the JYBL as of the execution date
of this Agreement.

 

(2) 
As of the date of this Agreement, CL and DH are the enrolled Shareholder of JYBL, legally holding all the equity in JYBL,
of which CL holding 90% interest, DH holding 10%.

 

(3) 
The Shareholders intend to transfer to YIBL, and YIBL is willing to accept, all his respective equity interest in the JYBL,
to the extent not violating laws of China.

 

(4) 
In order to conduct the above equity transfer, the Shareholders agree to grant YIBL an irrevocable call option for equity
transfer (hereinafter the "CALL OPTION"), under which and to the extent permitted by laws of China, the Shareholder shall
on demand of YIBL transfer the Option Equity (as defined below) to YIBL in accordance with the provisions contained herein.

 

(5) 
JYBL intends to transfer to YIBL all of its assets and liabilities to the extent not violating laws of China. In order to
conduct the above asset transfer, JYBL agrees to grant YIBL an irrevocable call option for assets (hereinafter the"ASSET CALL
OPTION"), under which and to the extent as permitted by laws of China, JYBL shall on demand of YIBL transfers the assets and
liabilities to YIBL in accordance with the provisions contained herein.

 

THEREFORE, the Parties hereby have reached the following agreement
upon mutual consultations:

 

    	 

    	 

    

ARTICLE 1 - DEFINITION

 

“RMB” shall mean the Renminbi, the lawful currency of
China.

 

"LAWS OF CHINA" shall mean the
then valid laws, administrative regulations, administrative rules, local regulations, judicial interpretations and other binding
regulatory documents of China.

 

"OPTION EQUITY" shall mean, in
respect of each of the Shareholder, all of the equity interest held thereby in JYBL registered capital.

 

"JYBL REGISTERED CAPITAL" shall
mean the registered capital of JYBL as of the execution date of this Agreement, i.e., RMB100,000,000, which shall include any expanded
registered capital as the result of any capital increase within the term of this Agreement.

 

"TRANSFERRED EQUITY" shall mean
the equity of JYBL which YIBL has the right to require the Shareholder to transfer to it or its designated entity or individual
when YIBL exercises its Call Option (hereinafter the "EXERCISE OF OPTION") in accordance with Article 3.2 herein, the
amount of which may be all or part of the Option Equity and the details of which shall be determined by YIBL at its sole discretion
in accordance with the then valid Laws of China and from its commercial consideration.

 

"TRANSFER PRICE" shall mean all
the consideration that YIBL or its designated entity or individual is required to pay to the Shareholder in order to obtain the
Transferred Equity upon each Exercise of Option. In spite of any provision herein, in case of YIBL exercising the call option in
its sole discretion upon the occurrence of the situation in which such call option exercise become feasible under the relevant
laws in China, any additional consideration paid other than the RMB 1.00 which may be required under the laws of China to effect
such purchase to comply with such legal formalities shall be either cancelled or returned to the company immediately with no additional
compensation to the owners. The Shareholder hereby acknowledges the purpose of such provisions and hereby agrees and authorizes
the company to take any and all actions to effect such transaction and agrees irrevocably to execute any and all documents and
instruments and authorize YIBL and its designated entity or individual to sign on his or his behalf and hereby gives the YIBL and
its designated entity or individual a proxy to execute and deliver such documents and instruments to effect the purpose of this
provision and hereby waives any defence or claim of causes of action to challenge or defeat this provision. If there exists any
regulatory provision with respect to Transfer Price under the then Laws of China, YIBL or its designated entity or individual shall
be entitled to determine the lowest price permitted by Laws of China as the Transfer Price.

 

"BUSINESS PERMITS" shall mean
any approvals, permits, filings, registrations etc. which JYBL is required to have for legally and validly operating its advertisement
designing, producing, agency, publishing and all such other businesses, including but not limited to the Business License of the
Cooperate Legal Person, the Tax Registration Certificate, the Permit for Operating Biotechnology Businesses and such other relevant
licenses and permits as required by the then Laws of China.

 

"JYBL ASSETS" shall mean all
the tangible and intangible assets which such JYBL owns or has the right to use during the term of this Agreement, including but
not limited to any immoveable and moveable assets, and such intellectual property rights as trademarks, copyrights, patents, proprietary
know-how, domain names and software use rights.

 

"THE MANAGEMENT SERVICES AGREEMENT"
shall mean the Management Services Agreement entered into among each party dated May 20, 2019.

 

 

"MATERIAL AGREEMENT" shall mean
an agreement to which any JYBL is a party and which has a material impact on the businesses or assets of the JYBL, including but
not limited to the Management Services Agreement among the JYBL and YIBL, and other agreements regarding the JYBL's business.

 

1.2 The references to any Laws of China herein shall be deemed

 

(1)  to
include the references to the amendments, changes, supplements and re-enactments of such law, irrespective of whether they take
effect before or after the formation of this Agreement; and

 

(2)  to
include the references to other decisions, notices or regulations enacted in accordance therewith or effective as a result thereof.

 

1.3 Except as otherwise stated
in the context herein, all references to an Article, clause, item or paragraph shall refer to the relevant part of this Agreement.

 

ARTICLE 2 - GRANT OF CALL OPTION

 

The Parties agree that the Shareholder
exclusively grant YIBL hereby irrevocably and without any additional conditions with a Call Option, under which YIBL shall have
the right to require the Shareholder to transfer the Option Equity to YIBL or its designated entity or individual in such method
as set out herein and as permitted by Laws of China. YIBL also agrees to accept such Call Option.

 

In case of YIBL exercising the call
option in its sole discretion upon the occurrence of the situation in which such call option exercise become feasible under the
relevant laws in China, any additional consideration paid other than the RMB 1.00 which may be required under the laws of China
to effect such purchase to comply with such legal formalities shall be either cancelled or returned to the company immediately
with no additional compensation to the JYBL and Shareholder. JYBL and Shareholder hereby acknowledge the purpose of such provisions
and hereby agrees and authorizes the company to take any and all actions to effect such transaction and agrees irrevocably to execute
any and all documents and instruments and authorize the company's relevant officers to sign on his or his behalf and hereby gives
the company and any of its relevant officers a proxy to execute and deliver such documents and instruments to effect the purpose
of this provision and hereby waives any defense or claim of causes of action to challenge or defeat this provision.

 

ARTICLE 3 - METHOD OF EXERCISE OF OPTION

 

3.1 To the extent permitted by Laws of
China, YIBL shall have the sole discretion to determine the specific time, method and times of its Exercise of Option.

 

3.2 At each Exercise of Option by YIBL,
the Shareholder shall transfer his respective equity in the JYBL to YIBL and/or other entity or individual designated by it respectively
in accordance with the amount required in the Exercise Notice stipulated in Article 3.4. YIBL and other entity or individual designated
by it shall pay the Transfer Price to the Shareholder who has transferred the Transferred Equity for the Transferred Equity accepted
in each Exercise of Option. YIBL shall have the right to elect to pay the purchase price by settlement of certain credits held
by it or its affiliates to the Shareholder.

 

3.3 In each Exercise of Option,
YIBL may accept the Transferred Equity by itself or designate any third party to accept all or part of the Transferred Equity.

 

3.4 On deciding each Exercise of Option,
YIBL shall issue to the Shareholder a notice for exercising the Call Option (hereinafter the "EXERCISE NOTICE", the form
of which is set out as Appendix I hereto). The Shareholder shall, upon receipt of the Exercise Notice, forthwith transfer all the
Transferred Equity in accordance with the Exercise Notice to YIBL and/or other entity or individual designated by YIBL in such
method as described in Article 3.2 herein.

 

3.5 The Shareholder hereby undertakes and
guarantees that once YIBL issues the Exercise Notice in respect to the specific Transferred Equity of the JYBL held by it:

 

(1) 
it shall immediately hold or request to hold a Shareholder' meeting of the JYBL and adopt a resolution through the Shareholder'
meeting, and take all other necessary actions to agree to the transfer of all the Call Option to YIBL and/or other entity or individual
designated by it at the Transfer Price and waive the possible pre-emption;

 

(2)  
it shall immediately enter into an equity transfer agreement with CET and/or other entity or individual designated by it
for transfer of all the Transferred Equity to YIBL and/or other entity or individual designated by it at the Transfer Price; and

 

(3) it shall provide YIBL with necessary
support (including providing and executing all the relevant legal documents, processing all the procedures for government approvals
and registrations and bearing all the relevant obligations) in accordance with the requirements of YIBL and of the laws and regulations,
in order that YIBL and/or other entity or individual designated by it may take all the Transferred Equity free from any legal defect.

 

3.6 At the meantime of this Agreement,
the Shareholder shall respectively enter into a power of attorney (hereinafter the "POWER OF ATTORNEY", the form of which
is set out as Appendix II hereto), authorizing in writing any person designated by YIBL to, on behalf of such Shareholder, to enter
into any and all of the legal documents in accordance with this Agreement so as to ensure that YIBL and/or other entity or individual
designated by it take all the Transferred Equity free from any legal defect. Such Power of Attorney shall be delivered for custody
by YIBL and YIBL may, at any time if necessary, require the Shareholder to enter into multiple copies of the Power of Attorney
respectively and deliver the same to the relevant government department.

 

ARTICLE 4 - ASSET CALL OPTION

 

JYBL and the Shareholder
hereby further undertake to grant YIBL irrevocably an option to purchase assets within the term of this Agreement: to the extent
not violating the mandatory requirements under Laws of China, JYBL will transfer all of its assets and liabilities to YIBL and/or
other entity or individual designated by it when required by YIBL.

 

In case of the YIBL exercising
the Asset Call Option in its sole discretion upon the occurrence of the situation in which such call option exercise become feasible
under the relevant laws in China, any additional consideration paid other than the RMB 1.00 which may be required under the laws
of China to effect such purchase to comply with such legal formalities shall be either cancelled or returned to the company immediately
with no additional compensation to the JYBL and Shareholder. JYBL and Shareholder hereby acknowledge the purpose of such provisions
and hereby agree and authorize the company to take any and all actions to effect such transaction and agrees irrevocably to execute
any and all documents and instruments and authorize the company's relevant officers to sign on his or his behalf and hereby gives
the company and any of its relevant officers a proxy to execute and deliver such documents and instruments to effect the purpose
of this provision and hereby waives any defense or claim of causes of action to challenge or defeat this provision.

 

ARTICLE 5 - REPRESENTATIONS AND WARRANTIES

 

5.1 Shareholder hereby represents and warrants in respect to itself
and the JYBL in which she holds equity as follows:

 

5.1.1 The
Shareholder is a Chinese citizen with full capacity, with full and independent legal status and legal capacity to execute,
deliver and perform this Agreement, and may act independently as a litigant party.

The Shareholder has full power
and authorization to execute and deliver this Agreement and all the other documents to be entered into by it in relation to the
transaction referred to herein, and it has the full power and authorization to complete the transaction referred to herein.

 

5.1.2 This Agreement is executed
and delivered by Shareholder legally and properly. This Agreement constitutes the legal and binding obligations on Shareholder
and is enforceable on it in accordance with its terms and conditions. The Shareholder are the enrolled legal owner of the Option
Equity as of the effective date of this Agreement, and except the rights created by this Agreement, the Shareholder' Voting Rights
Proxy Agreement entered into by Shareholder, YIBL and JYBL dated May 20, 2019 (the "PROXY AGREEMENT"), the Equity Pledge
Agreement entered into by Shareholder, YIBL, the JYBL dated May 20, 2019 (the "EQUITY PLEDGE AGREEMENT"), there is no
lien, pledge, claim and other encumbrances and third party rights on the Option Equity. In accordance with this Agreement, YIBL
and/or other entity or individual designated by it may, after the Exercise of Option, obtain the proper title to the Transferred
Equity free from any lien, pledge, claim and other encumbrances and third party rights.

 

5.1.3 JYBL shall obtain complete
Business Permits as necessary for its operations upon this Agreement taking effect, and JYBL shall have sufficient rights and qualifications
to operate within China the businesses of producing and selling of biotechnology products and other business relating to its current
business structure. JYBL has conducted its business legally since its establishment and has not incurred any cases which violate
or may violate the regulations and requirements set forth by the departments of commerce and industry, tax, culture, news, quality
technology supervision, labor and social security and other governmental departments or any disputes in respect of breach of contract.

 

5.2 JYBL hereby represents and warrants as follows:

 

5.2.1 JYBL is a limited liability
company operation duly registered and validly existing under Laws of China, with independent status as a legal person; JYBL has
full and independent legal status and legal capacity to execute, deliver and perform this Agreement, and may act independently
as a subject of actions.

 

5.2.2 JYBL has full power and
authorization to execute and deliver this Agreement and all the other documents to be entered into by it in relation to the transaction
referred to herein, and it has the full power and authorization to complete the transaction referred to herein.

 

5.2.3 This Agreement is executed
and delivered by JYBL legally and properly. This Agreement constitutes legal and binding obligations on it.

 

5.2.4 The Shareholder is the
enrolled legal shareholder of the Option Equity when this Agreement comes into effect, except the rights created by this Agreement,
the Proxy Agreement, the Equity Pledge Agreement, there is no lien, pledge, claim and other encumbrances and third party rights
on the Option Equity. In accordance with this Agreement, YIBL and/or other entity or individual designated by it may, upon the
Exercise of Option, obtain the proper title to the Transferred Equity free from any lien, pledge, claim and other encumbrances
and third party rights.

 

5.2.5 JYBL shall obtain complete
Business Permits as necessary for its Operations upon this Agreement taking effect, and JYBL shall have sufficient rights and qualifications
to operate within China the businesses of health and care and other business relating to its current business structure. JYBL has
conducted its business legally since its establishment and has not incurred any cases which violate or may violate the regulations
and requirements set forth by the departments of commerce and industry, tax, culture, news, quality technology supervision, labor
and social security and other governmental departments or any disputes in respect of breach of contract.

 

5.3 YIBL hereby represents and warrants as follows:

 

5.3.1 YIBL is a company with
limited liability properly registered and legally existing under Laws of China, with an independent status as a legal person. YIBL
has full and independent legal status and legal capacity to execute, deliver and perform this Agreement and may act independently
as a subject of actions.

 

5.3.2 YIBL has full power and
authorization to execute and deliver this Agreement and all the other documents to be entered into by it in relation to the transaction
referred to herein, and it has the full power and authorization to complete the transaction referred to herein.

 

ARTICLE 6 - UNDERTAKINGS BY THE SHAREHOLDER

 

6.1 The Shareholder hereby undertakes
within the term of this Agreement that it must take all necessary measures to ensure that JYBL is able to obtain all the Business
Permits necessary for its business in a timely manner and all the Business Permits remain in effect at any time.

 

6.2 The Shareholder hereby undertakes within the term
of this Agreement that without the prior written consent by YIBL,

 

6.2.1 no Shareholder shall
transfer or otherwise dispose of any Option Equity or create any encumbrance or other third party rights on any Option Equity;

 

6.2.2 it shall not increase or decrease the JYBL
Registered Capital or cast affirmative vote regarding the aforesaid increase or decrease in registered capital;

 

6.2.3 it shall not dispose of or cause the management
to dispose of any of the JYBL Assets (except as occurs during the arm’s length operations);

 

6.2.4 it shall not terminate
or cause the management of JYBL to terminate any Material Agreements entered into by JYBL, or enter into any other Material Agreements
in conflict with the existing Material Agreements;

 

6.2.5 it shall not cause JYBL
to conduct any transactions that may substantively affect the asset, liability, business operation, equity structure, equity of
a third party and other legal rights (except those occurring during the arm's length operations or daily operation, or having been
disclosed to and approved by YIBL in writing);

 

6.2.6 it shall not appoint
or cancel or replace any executive directors or members of board of directors (if any), supervisors or any other management personnel
of JYBL to be appointed or dismissed by the Shareholder;

 

6.2.7 it shall not announce
the distribution of or in practice release any distributable profit, dividend or share profit or cast affirmative votes regarding
the aforesaid distribution or release;

 

6.2.8 it shall ensure that JYBL shall validly exist and
prevent it from being terminated, liquidated or dissolved;

 

6.2.9 it shall not amend the
Articles of Association of JYBL or cast affirmative votes regarding such amendment;

 

6.2.10 it shall ensure that
JYBL shall not lend or borrow any money, or provide guarantee or engage in security activities in any other forms, or bear any
substantial obligations other than on the arm's length basis; and

 

6.3 The Shareholder hereby undertakes
that it must make all its efforts during the term of this Agreement to develop the business of JYBL, and ensure that the operations
of JYBL are legal and in compliance with the regulations and that it shall not engage in any actions or omissions which might harm
the JYBL Assets or its credit standing or affect the validity of the Business Permits of JYBL.

 

6.4 Without limiting the generality
of Article 6.3 above, considering the fact that the Shareholder of JYBL sets aside all the equity interest held thereby in JYBL
as security to secure the performance by JYBL of the obligations under the Management Services Agreement, the performance of such
Shareholder of the obligations under the Proxy Agreement, the Shareholder undertakes to, within the term of this Agreement, make
full and due performance of any and all of the obligations on the part thereof under the Proxy Agreement, and to procure the full
and due performance of JYBL of any and all of its obligations under the Management Services Agreement and warrants that no adverse
impact on exercising the rights under this Agreement by YIBL will be incurred due to the breach by the Shareholder of the Proxy
Agreement or the breach of the JYBL of the Management Services Agreement.

 

6.5 YIBL undertakes that, before
its Exercise of Option and acquire all equity of JYBL, JYBL shall not do the following:

 

6.5.1 Sell, transfer, mortgage or dispose by other
way any assets, business, revenue or other legal rights of JYBL, or permit creating any encumbrance or other third party's interest
on such assets, business, revenue

 

 

or other legal rights (except
as occurs during the arm's length or operations or daily operation, or as is disclosed to YIBL and approved by YIBL in writing);

 

6.5.2 conduct any transactions
that may substantively affect the asset, liability, business operation, equity structure, equity of a third party and other legal
rights (except those occurring during the arm's length operations or daily operation, or having been disclosed to YIBL and approved
by YIBL in writing);

 

6.5.3 release any dividend or share profit to the Shareholder
or cause the JYBL to do so in any form.

 

ARTICLE 7 - CONFIDENTIALITY

 

7.1 Notwithstanding the termination of
this Agreement, the Shareholder shall be obligated to keep in confidence the following information (hereinafter collectively the
"CONFIDENTIAL 1NFORMATION"): (i) information on the execution, performance and the contents of this Agreement; (ii) the
commercial secret, proprietary information and customer information in relation to YIBL known to or received by it as the result
of execution and performance of this Agreement; and (iii) the commercial secrets, proprietary information and customer information
in relation to JYBL known to or received by it as the shareholder of JYBL.

 

The Shareholder may use such Confidential
Information only for the purpose of performing its obligations under this Agreement. The Shareholder shall not disclose the above
Confidential Information to any third parties without the written consent from YIBL, or they shall bear the default liability and
indemnify the losses.

 

7.2 Upon termination of this Agreement,
the Shareholder shall, upon demand by YIBL, return, destroy or otherwise dispose of all the documents, materials or software containing
the Confidential Information and suspend using such Confidential Information.

 

7.3 Notwithstanding any other provisions
herein, the validity of this Article shall not be affected by the suspension or termination of this Agreement.

 

ARTICLE 8 - TERM OF AGREEMENT

 

This Agreement shall take effect as of
the date of formal execution by the Parties. This Agreement shall terminate when all the Option Equity of JYBL held by the Shareholder
is legally transferred under the name of YIBL and/or other entity or individual designated by it in accordance with the provisions
of this Agreement.

 

ARTICLE 9 - NOTICE

 

9.1 Any notice, request, demand and other
correspondences made as required by or in accordance with this Agreement shall be made in writing and delivered to the relevant
Party.

 

9.2 The abovementioned notice or other
correspondences shall be deemed to have been delivered when it is transmitted if transmitted by facsimile or telex; it shall be
deemed to have been delivered when it is delivered if delivered in person; it shall be deemed to have been delivered five (5) days
after posting the same if posted by mail.

 

ARTICLE 10 - LIABILITY FOR BREACH OF CONTRACT

 

10.1 The Parties agree and confirm that,
if any party (hereinafter the "DEFAULTING PARTY") breaches substantially any of the provisions herein or omits substantially
to perform any of the obligations hereunder, or fails substantially to perform any of the obligations under this Agreement, such
a breach or omission shall constitute a default under this Agreement (hereinafter a "DEFAULT"), then non-defaulting Party
shall have the right to require the Defaulting Party to rectify such Default or take remedial measures within a reasonable period.
If the Defaulting Party fails to rectify such Default or take remedial measures within such reasonable period or within ten (10)
days of non-defaulting Party's notifying the Defaulting Party in writing and requiring it to rectify the Default, then non-defaulting
Party shall have the right at its own discretion to select any of the following remedial measures:

 

		(1)	to terminate this Agreement and require the Defaulting Party to indemnify it for all the damage; or

 

(2) 
mandatory performance of the obligations of the Defaulting Party hereunder and require the Defaulting Party to indemnify
it for all the damage.

 

10.2 Without limiting the generality of
Article 10.1, any breach of the Proxy Agreement, the Equity Pledge Agreement shall be deemed as having constituted the breach by
such Shareholder of this Agreement; and any breach by JYBL of any provision in the Management Services Agreement, if attributable
to the failure of the Shareholder to perform the obligations thereof under Article 6.4 hereof, shall be deemed as having constituted
the breach by such Shareholder of this Agreement.

 

10.3 The Parties agree and confirm that
in no circumstances shall the Shareholder request the termination of this Agreement for any reason, except otherwise stipulated
by law or this Agreement.

 

10.4 Notwithstanding any other
provisions herein, the validity of this Article shall stand disregarding the suspension or termination of this Agreement.

 

ARTICLE 11 - MISCELLANEOUS

 

11.1 This Agreement shall be prepared
in English language.

 

11.2 The formation, validity, execution,
amendment, interpretation and termination of this Agreement shall be subject to Laws of China.

 

11.3 Any disputes
arising from and in connection with this Agreement shall be settled through consultations among the Parties involved, and if the
Parties involved fail to reach an agreement regarding such a dispute within thirty (30) days of its occurrence, such dispute shall
be submitted to China Regional Centre for Arbitration for arbitration in China accordance with the arbitration rules of such commission,
and the arbitration award shall be final and binding on all the Parties involved.

 

11.4 Any rights, powers and remedies empowered
to any Party by any provisions herein shall not preclude any other rights, powers and remedies enjoyed by such Party in accordance
with laws and other provisions under this Agreement, and the exercise of its rights, powers and remedies by a Party shall not preclude
its exercise of its other rights, powers and remedies by such Party.

 

11.5 Any failure or delay by a Party in
exercising any of its rights, powers and remedies hereunder or in accordance with laws (hereinafter the “PARTY’S RIGHTS”)
shall not lead to a waiver of such rights, and the waiver of any single or partial exercise of the Party's Rights shall not preclude
such Party from exercising such rights in any other way and exercising the remaining part of the Party's Rights.

 

11.6 The titles of the Articles contained
herein shall be for reference only, and in no circumstances shall such titles be used in or affect the interpretation of the provisions
hereof.

 

11.7 Each provision contained herein shall
be severable and independent from each of other provisions, and if at any time any one or more articles herein become invalid,
illegal or unenforceable, the validity, legality or enforceability of the remaining provisions herein shall not be affected as
a result thereof.

 

11.8 Upon execution, this Agreement shall
substitute any other legal documents previously executed by the Parties on the same subject.

 

11.9 Any amendments or supplements
to this Agreement shall be made in writing and shall take effect only when properly signed by the Parties to this Agreement.

 

11.10 Without prior written consent by
YIBL, the Shareholder shall not transfer to any third party any of its right and/or obligation under this Agreement, YIBL shall
have the right to transfer to any third party designated by it any of its right and/or obligation under this Agreement after notice
to the Shareholder.

 

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

 

 

[The remainder of this page is left blank]

 

 

 

    	 

    	 

    

 

IN WITNESS HEREOF, the Parties have caused this Call Option Agreement
to be executed in China as of the date first herein above mentioned.

 

 

 

For and on behalf of

LONG CHEN

 

 

 

	Signature by: 	 	 /s/Long Chen
	Name: 	 	 Long Chen
	Position: 	 	Authorized Representative

 

 

 

For and on behalf of

HONGWEI DENG

 

 

 

	Signature by: 	 /s/ Hongwei Deng
	Name: 	 Hongwei Deng
	Position: 	Authorized Representative

 

 

 

For and on behalf of

YICHUNFENG INTERNATIONAL BIOTEHNOLOGY (CHINA) LIMITED (Company chop)

 

 

 

	Signature by: 	 /s/SI CHEN
	Name: 	Si Chen
	Position:  	Authorized Representative

 

 

 

For and on behalf of

JIANGXI YICHUNFENG BIOHEALTH LIMITED (Company chop)

 

 

 

	Signed by:	/s/ Long Chen and Hongwei Deng
	Name:	Long Chen and Hongwei Deng
	Position: 	Authorized Representative

 

    	 

    	 

    

APPENDIX I:

 

FORMAT OF THE OPTION EXERCISE NOTICE

 

To: LONG CHEN

 

As our company and you signed a Call Option
Agreement as of May 20, 2019 (hereinafter the "OPTION AGREEMENT"), and reached an agreement that you shall transfer the
equity you hold in JIANGXI YICHUNFENG BIOHEALTH LIMITED (hereinafter the "JYBL") to our company or any third parties
designated by our company on demand of our company to the extent as permitted by Laws of China and regulations, Therefore, our
company hereby gives this Notice to you as follows:

 

Our company hereby requires to exercise
the Call Option under the Option Agreement and YICHUNFENG INTERNATIONAL BIOTECHNOLOGY (CHINA) LIMITED, designated by our company
shall accept the equity you hold accounting for 90% of in JIANGXI YICHUNFENG BIOHEALTH LIMITED Registered Capital (hereinafter
the "PROPOSED ACCEPTED EQUITY"). You are required to forthwith transfer all the Proposed Accepted Equity to YICHUNFENG
INTERNATIONAL BIOTECHNOLOGY (CHINA) LIMITED upon receipt of this Notice in accordance with the agreed terms in the Option Agreement.

 

Best regards,

 

For and on behalf of

YICHUNFENG INTERNATIONAL BIOTECHNOLOGY (CHINA) LIMITED (Company
chop)

 

 

 

 

 

Authorized Representative:

 

Date: May 20, 2019

 

 

 

 

    	 

    	 

    

 

 

To: HONGWEI DENG

 

As our company and you signed a Call Option
Agreement as of May 20, 2019 (hereinafter the "OPTION AGREEMENT"), and reached an agreement that you shall transfer the
equity you hold in JIANGXI YICHUNFENG BIOHEALTH LIMITED (hereinafter the "JYBL") to our company or any third parties
designated by our company on demand of our company to the extent as permitted by Laws of China and regulations, Therefore, our
company hereby gives this Notice to you as follows:

 

Our company hereby requires to exercise
the Call Option under the Option Agreement and YICHUNFENG INTERNATIONAL BIOTECHNOLOGY (CHINA) LIMITED, designated by our company
shall accept the equity you hold accounting for 10% of in JIANGXI YICHUNFENG BIOHEALTH LIMITED Registered Capital (hereinafter
the "PROPOSED ACCEPTED EQUITY"). You are required to forthwith transfer all the Proposed Accepted Equity to YICHUNFENG
INTERNATIONAL BIOTECHNOLOGY (CHINA) LIMITED upon receipt of this Notice in accordance with the agreed terms in the Option Agreement.

 

Best regards,

 

For and on behalf of

YICHUNFENG INTERNATIONAL BIOTECHNOLOGY (CHINA) LIMITED (Company
chop)

 

 

 

 

 

Authorized Representative:

 

Date: May 20, 2019

 

 

 

 

 

 

 

    	 

    	 

    

APPENDIX II:

 

FORM OF THE POWER OF ATTORNEY

 

I, __________ , hereby irrevocably entrust
[with his/her identity card number of____________], as the authorized representative of me, to sign the Equity Transfer Agreement
and other relevant legal documents between me and YICHUNFENG INTERNATIONAL BIOTECHNOLOGY (CHINA) LIMITED regarding the Equity Transfer
of JIANGXI YICHUNFENG BIOHEALTH LIMITED .

 

Signature:

 

Date: May 20, 2019SHAREHOLDER' VOTING RIGHTS PROXY
AGREEMENT

 

AMONG

 

 

LONG CHEN

 

HONGWEI DENG

 

YICHUNFENG INTERNATIONAL BIOTECHNOLOGY
(CHINA) LIMITED

 

AND

 

JIANGXI YICHUNFENG
BIOHEALTH LIMITED

 

 

 

 

 

 

 

 

 

MAY 20, 2019

    	 

    	 

    

SHAREHOLDER' VOTING RIGHTS
PROXY AGREEMENT

 

This SHAREHOLDER' VOTING RIGHTS
PROXY AGREEMENT (this "AGREEMENT") is entered into in China as of May 20, 2019 by
and among the following Parties:

 

		(1)	LONG CHEN (“CL”)

 

ADDRESS:

 

CITIZEN IDENTIFICATION NUMBER:

 

		(2)	HONGWEI DENG (“DH”)

 

ADDRESS:

 

CITIZEN IDENTIFICATION NUMBER:

 

(3) YICHUNFENG INTERNATIONAL BIOTECHNOLOGY (CHINA)
LIMITED (“YIBL”)

 

ADDRESS: NO. 306 MAIN BUILDING, JIN MONG KOK
INTERNATIONAL HOTEL, 182 NATIONAL AVENUE, QINGXIU DISTRICT, NANNING CITY

 

UNIFIED SOCIAL CREDIT CODE:

 

		(4)	JIANGXI YICHUNFENG BIOHEALTH LIMITED (“JYBL”)

 

ADDRESS: GOLD INDUSTRIAL PARK, NANFENG COUNTRY
INDUSTRIAL PARK DISTRICT, FUZHOU CITY, JIANGXI PROVINCE

 

UNIFIED SOCIAL CREDIT CODE:

 

(The above
parties shall hereinafter be individually referred to as a "PARTY" and collectively, "PARTIES". CL and
DH shall hereinafter be individually referred to as a "SHAREHOLDER".)

 

 

WHEREAS:

 

1.   
As of the date of this Agreement, LONG CHEN and HONGWEI DENG are the enrolled Shareholder of JYBL,
legally holding all the equity in JYBL, of which, LONG
CHEN holding 90% interest, HONGWEI DENG holding 10%.

 

2. 
The Shareholder intends to severally entrust the individual designated by YIBL
with the exercises of his voting rights in JYBL while
YIBL is willing to designate such an individual.

 

The Parties hereby have reached the following agreement
upon friendly consultations:

 

ARTICLE 1 VOTING RIGHTS ENTRUSTMENT

 

1.1 The Shareholder
hereby irrevocably undertake to sign the Entrustment Letter after execution of the Agreement to entrust the personnel designated
by YIBL ("TRUSTEES") then to exercise the following
rights enjoyed by them as Shareholder of JYBL in accordance
with the then effective articles of association of JYBL (collectively,
the "ENTRUSTED RIGHTS"):

 

 

    	 

    	 

    

 

(1) 
Proposing to convene and attending Shareholder' meetings of JYBL as
proxy of the Shareholder according to the articles of association of YIBL;

 

(2) 
Exercising voting rights as proxy of the Shareholder, on issues discussed and resolved by the Shareholder' meeting of JYBL,
including but not limited to the appointment and election for the directors, general manager and other senior management personnel
of JYBL.

 

The above
authorization and entrustment is granted subject to the status of trustees as Chinese citizens and the approval by YIBL.
Upon and only upon written notice of dismissing and replacing Trustee(s) given by YIBL to the Shareholder,
the Shareholder shall promptly entrust another Chinese citizen then designated by YIBL to exercise the above Entrusted Rights,
and once new entrustment is made, the original entrustment shall be replaced; the Shareholder shall not cancel the authorization
and entrustment of the Trustee(s) otherwise.

 

1.2 The Trustees shall
perform the entrusted obligation within the scope of entrustment in due care and prudence and in compliance with laws; the Shareholder
acknowledge and assume relevant liabilities for any legal consequences of the Trustees' exercise of the foregoing Entrusted Rights.

 

1.3 The Shareholder hereby
acknowledge that the Trustees are not required to seek advice from the Shareholder prior to their respective exercise of the foregoing
Entrusted Rights. However, the Trustees shall inform the Shareholder in a timely manner of any resolution or proposal on convening
interim Shareholder' meeting after such resolution or proposal is made.

 

ARTICLE 2 RIGHT TO INFORMATION

 

2.1 For the purpose of
exercising the Entrusted Rights under this Agreement, the Trustees are entitled to know the information with regard to JYBL 's
operation, business, clients, finance, staff, etc., and shall have access to relevant materials of JYBL. JYBL shall adequately
cooperate with the Trustees in this regard.

 

ARTICLE 3 EXERCISE OF ENTRUSTED
RIGHTS

 

3.1 The Shareholder will
provide adequate assistance to the exercise of the Entrusted Rights by the Trustees, including execution of the resolutions of
the Shareholder' meeting of JYBL or other pertinent legal documents made by the Trustee when necessary (e.g., when it is necessary
for examination and approval of or registration or filing with governmental departments).

 

3.2 If at any time during
the term of this Agreement, the entrustment or exercise of the Entrusted Rights under this Agreement is unenforceable for any reason
except for default of any Shareholder or JYBL, the Parties shall immediately seek a most similar substitute for the unenforceable
provision and, if necessary, enter into supplementary agreement to amend or adjust the provisions herein, in order to ensure the
realization of the purpose of this Agreement.

 

ARTICLE 4 EXEMPTION AND COMPENSATION

 

4.1 The Parties acknowledge
that YIBL shall not be requested to be liable for or compensate (monetary or otherwise) other Parties or any third party due to
exercise of Entrusted Rights by the Trustees designated by YIBL under this Agreement.

 

4.2 JYBL and the Shareholder
agree to compensate YIBL for and hold it harmless against all losses incurred or likely to be incurred by it due to exercise of
the Entrusted Rights by the Trustees designated by YIBL, including without limitation any loss resulting from any litigation, demand
arbitration or claim initiated or raised by any third party against it or from administrative investigation or penalty of governmental
authorities.

 

However, the Shareholder
and JYBL will not compensate for losses incurred due to willful misconduct or gross negligence of YIBL.

 

 

 

 

    	 

    	 

    

ARTICLE 5 REPRESENTATIONS
AND WARRANTIES

 

5.1 The Shareholder hereby represents and warrants
that:

 

5.1.1 The Shareholder
is a Chinese citizen with full capacity and with full and independent legal status and legal capacity to execute, deliver and perform
this Agreement, and may act independently as a subject of actions.

 

5.1.2 The Shareholder
has full right and authorization to execute and deliver this Agreement and other documents that are related to the transaction
referred to herein and to be executed by them. They have full right and authorization with respect to consummate the transaction
referred to herein.

 

5.1.3 This Agreement
shall be executed and delivered by the Shareholder lawfully and properly. This Agreement constitutes the legal and binding obligations
on his and is enforceable on his in accordance with its terms and conditions hereof

 

5.1.4
The Shareholder is enrolled and legal Shareholder of JYBL as of the effective date of this Agreement, and except the rights created
by this Agreement, the Call Option Agreement entered into by YIBL, JYBL and his on May 20, 2019 (the "CALL OPTION AGREEMENT"),
as well as the Equity Pledge Agreement entered into by YIBL and JYBL
and his on May 20, 2019 (the "EQUITY PLEDGE AGREEMENT"), there exists no third party right on the Entrusted Rights. Pursuant
to this Agreement, the Trustees may fully and sufficiently exercise the Entrusted Rights in accordance with the then effective
articles of association of HEZL.

 

5.1.5 Considering
the fact that according to Equity Pledge Agreement, considering the fact that Shareholder will set aside all the equity interest
held thereby in relevant JYBL as security to secure the performance by his of his obligations under the Call Option Agreement entered
into between his and YIBL as of May 20, 2019, Shareholder undertakes to make full and due performance of the obligations under
Call Option Agreement during the valid term of this Agreement, and she will not be in conflict with any stipulation under Call
Option Agreement, which are likely to have impact on the exercise of the Entrusted Rights the Trustees under this Agreement.

 

5.1.6
Considering the facts that the JYBL entered into the Management Services Agreement (the "SERVICE AGREEMENT") on May 20,
2019 with YIBL, the Call Option Agreement with YIBL and
the Shareholder on May 20, 2019, and that the Shareholder of JYBL will
set aside all equity interest held thereby in JYBL as security
to secure the performance of the contractual obligations under the above two agreements by JYBL,
the Shareholder undertakes to, during the valid term of this Agreement, procure the full and due performance of JYBL
of any and all its obligations under the Service Agreement, the Call Option Agreement, and warrants
that no adverse impact on the exercise of the Entrusted Rights hereunder by the Trustees will be incurred due to the breach of
the Management Services Agreement, Call Option Agreement by JYBL.

 

5.2 YIBL (excluding the person designated by it)
hereby represents and warrants that:

 

5.2.1 it is a
company with limited liability properly registered and legally existing under the laws of Hong Kong, with an independent corporate
legal person status, and with full and independent legal status and legal capacity to execute, deliver and perform this Agreement
and may act independently as a subject of actions; and

 

5.2.2 it has
the full corporate power and authority to execute and deliver this Agreement and all the other documents to be entered into by
it in relation to the transaction contemplated hereunder, and has the full power and authority to consummate such transaction.

 

5.3 JYBL
hereby represents and warrants that:

 

5.3.1 it is a
company with limited liability properly registered and legally existing under laws of China, with an independent legal person status,
and with full and independent legal status and legal capacity to execute, deliver and perform this Agreement and may act independently
as a subject of actions; and

 

5.3.2 it has
the full corporate power and authority to execute and deliver this Agreement and all the other documents to be entered into by
it in relation to the transaction contemplated hereunder, and has the full power and authority to consummate such transaction.

 

5.3.3
the Shareholder are enrolled Shareholder as of the effective date of this Agreement, legally holding the equity interest in it.
Except rights created by this Agreement, the Equity Pledge Agreement and the Call Option Agreement, there exists no third party
right on the Entrusted Rights. Pursuant to this Agreement, the Trustees may fully and sufficiently exercise the Entrusted Rights
in accordance with the then effective articles of association of JYBL.

 

5.3.4
Considering the fact that the Shareholder of JYBL will
set aside all the equity interest held thereby in JYBL as
security to secure the performance of the contractual obligations by JYBL under
the Management Services Agreement, the Call Option Agreement, JYBL undertakes
to, during the valid term of this Agreement, make full and due performance of any and all obligations under the Management Services
Agreement, the Call Option Agreement, and warrants that no adverse impact on the exercise of the Entrusted Rights hereunder by
the Trustees will be incurred due to the breach of the Management Services Agreement, the Call Option Agreement by JYBL.

 

ARTICLE 6 TERM OF AGREEMENT

 

6.1 This Agreement takes
effect from the date of due execution of all the Parties hereto, with the valid term of ten (10) years, unless terminated in advance
by written agreement of all the Parties or according to Article 8.1 of this Agreement. This Agreement shall automatically renew
for another one (1) year when the term (whether original or extended, if applicable) of this Agreement is due, unless YIBL gives
a thirty (30) days notice in writing to the other Parties of the cancellation of such renewal.

 

6.2 In case
that the Shareholder transfers all of the equity interest held by it in JYBL with
prior consent of YIBL, such Shareholder shall no longer be a Party to this Agreement whilst the obligations and commitments of
the other Parties under this Agreement shall not be adversely affected thereby.

 

ARTICLE 7 NOTICE

 

7.1 Any notice, request,
demand and other correspondences made as required by or in accordance with this Agreement shall be made in writing and delivered
to the relevant Party.

 

7.2 The abovementioned
notice or other correspondences shall be deemed to have been delivered when (i) it is transmitted
if transmitted by facsimile or telex, or (ii) it is delivered if delivered in person, or (iii) when five (5) days have elapsed
after posting the same if posted by mail.

 

ARTICLE 8 DEFAULT LIABILITY

 

8.1 The Parties agree and
confirm that, if any of the Parties (the "DEFAULTING PARTY") breaches substantially any of the provisions herein or fails
substantially to perform any of the obligations hereunder, such a breach or failure shall constitute a default under this Agreement
(a "DEFAULT"). In such event any of the other Parties without default (a "NON-DEFAULTING PARTY") who incurs
losses arising from such a Default shall have the right to require the Defaulting Party to rectify such Default or take remedial
measures within a reasonable period. If the Defaulting Party fails to rectify such Default or take remedial measures within such
reasonable period or within ten (10) days of a Non-defaulting Party's notifying the Defaulting Party in writing and requiring it
to rectify the Default, then the relevant Non-defaulting Party shall be entitled to choose at its discretion to (1) terminate this
Agreement and require the Defaulting Party to indemnify all damages, or (2) require specific performance by the Defaulting Party
of this Agreement and indemnification against all damages.

 

8.2 Without limiting
the generality of Article 8.1 above, any breach by any Shareholder of the Call Option Agreement or Equity Pledge Agreement shall
be deemed as having constituted the breach by such Shareholder of this Agreement;

 

    	 

    	 

    

 

any breach
by JYBL of the Management Services Agreement or Call Option
Agreement shall be deemed as having constituted the breach by JYBL of
this Agreement.

 

8.3 The Parties
agree and confirm, the Shareholder or JYBL shall not request
the termination of this Agreement for whatsoever reason and under whatsoever circumstance, except otherwise stipulated by laws
or this Agreement.

 

8.4 Notwithstanding any
other provisions herein, the validity of this Article shall not be affected by the suspension or termination of this Agreement.

 

ARTICLE 9 MISCELLANEOUS

 

9.1 This Agreement shall be prepared in English
language.

 

9.2 The conclusion, validity,
execution, amendment, interpretation and termination of this Agreement shall be governed by laws of the China.

 

9.3 Any disputes arising
from and in connection with this Agreement shall be settled through consultations among the Parties involved, and if the Parties
involved fail to reach an agreement regarding such a dispute within thirty (30) days of its occurrence, such dispute shall be submitted
to be China International Economic and Trade Arbitration Commission for arbitration in China accordance with the arbitration rules
of such commission, and the arbitration award shall be final and binding on all the Parties involved.

 

9.4 Any rights,
powers and remedies empowered to any Party by any provisions herein shall not preclude any other rights, powers and remedies enjoyed
by such Party in accordance with be China International Economic and Trade Arbitration Commission and
other provisions under this Agreement, and a Party's exercise of any of its rights, powers and remedies shall not preclude its
exercise of other rights, powers and remedies of it.

 

9.5 Any failure or delay
by a Party in exercising any of its rights, powers and remedies hereunder or in accordance with laws (the "PARTY'S RIGHTS")
shall not lead to a waiver of such rights, and the waiver of any single or partial exercise of the Party's Rights shall not preclude
such Party from exercising such rights in any other way or exercising the remaining part of the Party's Rights.

 

9.6 The titles
of the Articles contained herein are for reference only, and in no circumstances shall such titles be used for or affect the interpretation
of the provisions

 

9.7 Each provision contained
herein shall be severable and independent from each of other provisions. If at any time any one or more articles herein become
invalid, illegal or unenforceable, the validity, legality or enforceability of the remaining provisions herein shall not be affected
thereby.

 

9.8 Upon execution, this
Agreement shall replace any other previous legal documents entered into by relevant Parties on the same subject matter.

 

9.9 Any amendments or supplements
to this Agreement shall be made in writing and shall take effect only when properly signed by the Parties to this Agreement.

 

9.10 In respect
of the Shareholder and JYBL, they shall not assign any
of their rights and/or transfer any of their obligations hereunder to any third parties without prior written consent from YIBL;
YIBL shall have the right to assign any of its rights and/or
transfer any of its obligations hereunder to any third parties designated by it after giving notice to the Shareholder.

 

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

 

[The remainder of this page
is left blank]

 

 

 

    	 

    	 

    

 

IN WITNESS HEREOF, the Parties have caused
this Shareholder' Voting Rights Proxy Agreement to be executed in China as of the date first herein above mentioned.

 

 

 

For and on behalf of

LONG CHEN

 

 

 

	Signature by: 	/s/Long Chen
	Name: 	Long Chen
	Position: 	Authorized Representative

 

 

 

For and on behalf of

HONGWEI DENG

 

 

 

	Signature by: 	 /s/ Hongwei Deng
	Name: 	 Hongwei Deng
	Position: 	Authorized Representative

 

 

 

For and on behalf of

YICHUNFENG INTERNATIONAL BIOTEHNOLOGY (CHINA) LIMITED (Company chop)

 

 

 

	Signature by: 	 /s/Si Chen
	Name: 	 Si Chen
	Position:  	Authorized Representative

 

 

 

For and on behalf of

JIANGXI YICHUNFENG BIOHEALTH LIMITED (Company chop)

 

 

 

	Signed by:	/s/ Long Chen and Hongwei Deng
	Name:	 Long Chen and Hongwei Deng
	Position: 	Authorized Representative

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