Document:

EX-4.16

 Exhibit 4.16 
 Translated from the original contract in Chinese 
 Property Leasing
Contract 
 Document Number: WSWY2014-001 
 Lessor (Party A): Dongguan Wing Shing Electrical Products Company Limited 
 Lessee (Party
B): Dongguan Hwa O’Tai Electronic Technology Co., Ltd. 
 According to the relevant regulations of the State, and based
on the desire of the parties for equality and mutual benefit, Party A rents its legally owned plant, dormitory and canteen (hereinafter collectively referred to as “Property”) to Party B. The two parties have reached agreement
and executed a Contract as follows: 
 1. The rental plant and dormitories: 

1. Plant: Party A will rent the 1st floor, 3rd floor and 4th floor (area of 11,964.75 square meters) of the 11th plant, the 4th floor
of the 12th plant (area of 3,988.5 square meters), the 1st floor, 2nd floor, 3rd floor and 4th floor (total area of 9,636 square meters) of the 14th plant and the 1st and 2nd floor of the Communications Office (total area of 864 square meters) in
Dongguan Wing Shing Electrical Products Co., Ltd. facility to Party B. The total area of the production and office space rented is 26,453.25 square meters. 
 2. Dormitories: Party A will rent Block B apartment (1,171 square meters), the 7th and 8th caretaker’s dormitories (a total area of 3,035.2 square meters), the 9th and 10th workers’
dormitories (total area of 6,398.5 square meters) and canteens (area of 2,100 square meters) in the dormitories area in Dongguan Wing Shing Electrical Products Co., Ltd. facility to Party B. The total area of dormitories and canteen rented is
12,704.7 square meters. 
 2. Lease Term: 
 1. The lease is effective April 1, 2014 and terminates on March 31, 2019. The lease term is 5 years. 
 2. Upon the expiration of the lease, Party A is entitled to recover rental property, and Party B should vacate the property as scheduled. If it wishes to renew, Party B shall request in writing to Party A
at least two months prior to the expiration of the lease, and if party A agrees, the lease contract will be re-signed. Party B will have the first right of refusal to lease under the same conditions. 

 3. Rent, deposits and other expenses: 

1. Parties A and B agree that the initial monthly rent will be RMB400,000 (uppercase FOUR HUNDRED THOUSAND) payable by Party B to
Party A. The rent in the first year is RMB400,000 a month, RMB 420,000 a month in the second year, RMB 441,000 a month in the third year, RMB 463,100 a month in the fourth year, and RMB 486,300 a month in the fifth year, which represents a rent
escalator of 5% per year. 
 2. Both sides agreed that the rent be paid by bank transfer or cash. 

3. Within three days of signing the contract, Party B shall deposit the equivalent of 2 months rent with Party A and
sufficient funds to buy a brand new line of SMT placement equipment (5 million). The total deposit of RMB5.8 million (uppercase FIVE POINT EIGHT MILLION) will be paid to Party A. When Party B signs a one-time payment for a new line of SMT placement
equipment contract with a third party, and after that third-party delivers the SMT placement equipment due by the end of April 2014, Party A will refund the first 20% of RMB5 million, namely RMB 1 million to Party B. When the SMT placement
equipment can be completed and put into use, Party A should immediately set Party B as the mortgagee for the SMT placement equipment with respect to the Industrial and Commercial Administration Departments. The maximum amount of mortgage-backed debt
is RMB10 million. The maximum amount of the mortgage registration with the determination date of amount of the guaranteed debt being the date of the expiry of the lease contract at which time Party A will refund 80% of RMB 5 million, namely RMB
4 million to Party B. Before the end of June 2014, Party B needs to buy (purchase can be made in a loan not exceeding three years) two further SMT placement machines to be installed in Party B’s factory; After the two sets of SMT placement
equipment’s mortgage is paid off, Party A should immediately set Party B as the mortgagee for SMT placement equipment with respect to the Industrial and Commercial Administration Departments. The maximum amount of mortgage-backed debt is RMB 10
million. The maximum amount of the mortgage registration with the determination date of amount of the guaranteed debt being the date of the expiry of the lease contract. After the expiration or earlier termination of the contract, and within ten
days after Party B settles all costs (including, but not limited to, maintenance, rent, utilities, lease, damage and damages from breach of contract, etc.), the deposit of RMB800,000 will be refunded without interest to Party B. If Party
B has outstanding aforementioned costs, part or all of the deposit or, if required, Party B’s SMT owned machinery will be assigned to Party A. 

 

 4. Considering that Party B needs time to obtain a business license and recruit staff to
start production, Party A will waive a portion of rent for the first five months, namely free for the first month and 50% of the total RMB400,000 from the second month to the fifth month. The monthly rent is collected in full from the sixth month
on. 
 5. Party B should, on a monthly basis pay the rent for the next month on the 25th of each month. Within 5 days
after receiving the payment, Party A shall issue ordinary invoices. If payment is overdue from Party B, a daily overdue amount of 5% of unpaid rent will be charged. And if Party B exceeds the agreed deadline for more than five days, Party A
is entitled to terminate the contract, and recover compensation for the lease and consequential loss and request Party B assume the liability for the breach. 
 6. Prior to the expiry date, if Party B terminates the contract in advance, Party A will retain the non-refundable deposit of 2 months (if Party B’s deposits are insufficient, Party B must
supplement, otherwise Party A is entitled to detain related equipment of Party B), and Party A will charge separately liquidated damages. Liquidated damages will be RMB600,000 if termination is one year in advance of the lease expiration, RMB1.2
million if two years in advance of the lease expiration, and RMB 1.8 million if three years. Time less than a half year is calculated as one year. 
 7. If the lease has not expired, and Party B does have any legitimate reason to terminate the contract, Party B shall pay the penalty outlined in clause 6. 

4. Maintenance requirements and responsibilities: 
 1. Party B is renting the factory and office for production of communications products. Party B needs to register as an independent company. Registration capital, related costs and responsibilities are to
be borne by Party B. If necessary, Party A can provide assistance, but this will not involve funding, loans or processing. 
 2.
If Party B needs to use the plant for other purposes, Party B must get approval by Party A in writing, otherwise party A is entitled to terminate the contract early. 

 

 3. Party B is renting the dormitory and dining hall for employees only, and not for other
purposes. 
 4. If there are damages or malfunctions to dormitories, the canteen and ancillary facilities during the contract
period, Party B shall promptly notify Party A and be responsible for repair or compensation. If Party B refuses to repair or make compensation, Party A may also unilaterally terminate the contract or propose changes to the terms of the contract
according to the situation apart from holding Party B accountable for the loss. 
 5. During the contract, if Party B needs to
make improvements to the structure of the properties, which may affect the safety of the properties, it will be subject to the written consent and a written agreement from Party A; however, if the structural changes lead to safety issues or an
accident, even after Party A’s agreement, Party A does not assume any responsibility for such consequences and related legal or economic issues. 
 5. Sublease and return: 
 1. During the lease term, without the written
consent of the Party A, dormitories and canteen shall not be sublet, subleased or in collaboration with third parties, or other disguised forms of property transferred and sublet to third parties. 

2. After the expiry of the lease, plant, dormitory and canteen shall be in a normal state. For damage occurring during the lease
(including the destruction, fire or other damages), Party A is entitled to request Party B to make compensation or repair depending on the extent of damage. 
 6. Other relevant conventions: 
 1. During the term of the lease while Party
B utilizes the leased equipment from Party A to produce communication equipment products, Party B should be a law-abiding operator and shall not produce or sell those products that go against the national compulsory certification (3C); Party B
cannot produce products with impersonation factory name or site. If found to have violated any laws, Party B must take full responsibility and accept the government punishment; Party B cannot be involved in any illegal activities such as smuggling,
tax evasion, wage arrears, etc. Otherwise Party B shall be responsible for all the consequences and Party A will require Party B to compensate them according to the impact. 
  

 2. During the lease, Party B shall take proper measures to guard against fire, theft and
ensure public health and security. Party A can inspect on site, and ask Party B to revise procedures when necessary. 
 3.
During the lease, in the case of electricity increases or damage of electrical facilities caused by added machines, Party B shall pay all the costs and take full responsibility. 

4. All vehicles of Party B will be checked by Party A’s security while passing Party A’s factory gates. As for suspicious
objects, Party A is entitled to detain the objects until they are checked and assured. 
 5. Party A’s stadium, library,
staff training rooms and other places are free for Party B to use. If damaged, Party B will be responsible for repair or compensation. 
 6. During the lease, all accidents to Party B’s personnel (including personal injury accidents, safety incidents, property, labor disputes, economic disputes, etc.) are the sole responsibility of
Party B, not Party A. 
 7. Party B shall not fall behind with its staff’s wages. Two weeks of arrears of wage will be
deemed as a breach of contract. In this case, Party A has the right to unilaterally terminate the contract and retrieve the leased machine immediately. All the consequences arising from any unpaid wages will be borne by Party B and has nothing to do
with Party A. If Party B’s deliberate delay in paying wages causes serious problems, Party A is entitled to detain and sell Party B’s relevant equipment (including the three sets of SMT placement equipment used as mortgage in this
contract) as well as other property placed in Party A’s factory, such as devices, finished product for consumers, semi-manufactured goods and raw material. The proceeds from those objects will be used as a deposit or used to pay wages of Party
B’s staff. 
 8. During the lease, if Party B breaches any term of the contract, Party A has the right to unilaterally
terminate the contract, refuse to refund the deposit and claim liquidated damages and compensation for other losses. If Party B does not pay all rent arrears, liquidated damages, compensation, Party A is entitled to use the deposit to pay the rent
arrears, liquidated damages, compensation. If the deposit is insufficient, Party A can detain and sell Party B’s relevant equipment (including the three sets of SMT placement equipment used as mortgage in this contract) as well as other
property placed in the Party A’s factory, such as devices, finished product for consumers, semi-manufactured goods and raw material. The proceeds from those objects will be used to pay the rent arrears, liquidated damages and compensation.

  

 9. Both parties can reach agreement in the annex on those matters that are not covered in
this contract. Both parties are required to conscientiously fulfill all the terms of this contract. If one party defaults, he will undertake the corresponding responsibility according to relevant conventions. 

10. After the termination of this contract, Party B shall leave and return all the plants and dormitories within 10 days and
ensure that all the plants and dormitories are in good operation (except for normal wear and tear). Party B shall settle all the costs and finish the handling procedures. If Party B does not move out of the plants, dormitories, canteens after 15
days, Party A is entitled to forcibly clear the scene and recover the property. All items retained or forgotten shall be deemed to be abandoned by Party B, and Party A has the right to dispose of them. Party B shall not raise any objection.

 7. Special Agreement 
 1. Party A’s creditor’s rights to Party B under this agreement (including principal debt, liquidated damages, compensation, claims costs, etc.) also include Party A ‘s creditor’s
rights in the “Equipment Leasing Contract” signed by both parties. 
 2. A deposit equivalent to two
months’ rent, namely, RMB800,000, will be paid to Party A. During the lease, Party B should pay the rent, compensation, utility fee, liquidated damages and wages for Party B’s staff in a timely manner to ensure that Party A can hold
RMB800,000; if the deposit decreases due to failure to pay the above and Party B refuses to replenish the deposit even with a written summons by Party A, Party B’s action will be deemed as having breached the contract. Thus, Party A would be
entitled to unilaterally terminate this contract and claim B’s responsibility in accordance with the relevant stipulations of the contract. 
 8. 
 Those matters which are not covered by the contract shall be settled
through friendly consultations and negotiations. 
 If still no consensus can be reached, the two parties should seek legal
action at the People’s Court which has jurisdiction of Party A’s location. 

 9. 
 This contract is in quadruplicate, two copies for each Party, and take effect from the date of signing and seal. It will expire after the settlement and the relevant lease transaction. 

 
  
  

					
	  
	  	Party A (Seal): Dongguan Wing Shing Electrical Products
Company Limited (Sealed)	  	  

		  	  
 Signature: Shu Wei Ping

	  	
		  		  	Date: April 1, 2014
		  	Party B (Seal): Dongguan Hwa O’Tai Electronic Technology Co., Ltd. (Sealed)	  	
		  	  
 Signature: Cai Chang Yi

	  	
		  		  	Date: April 1, 2014EX-4.17

 Exhibit 4.17 
 Translated from the original contract in Chinese 
 Equipment Leasing
Contract 
 Document Number: GZXB2014-001 
 Lessor (Party A): Guangdong Lite Array Co., Ltd. 
 Lessee (Party B):
Dongguan Hwa O’Tai Electronic Technology Co., Ltd. 
 According to the relevant regulations of the State, and based on
both parties desire to enter into an agreement with, equality and mutual benefit, Party A agrees to lease its equipment to Party B under mutually acceptable terms and conditions. Both parties have reached agreement and executed a Contract as
follows: 
 I. Leased Equipment: 
 1. Party A will lease 10 SMT production lines and one pilot line which lines include high-speed SMT lines, whole-patch cord, automatic printing, reflow and matching feeder stations and other SMT equipment
on the 1st floor, No.11 plant in Dongguan Wing Shing Electrical Products Factory Co., Ltd., 4 assembly lines on the third floor of No. 11 plant, No. 12 assembly lines on the 4th floor of No. 11 plant, 16 assembly lines on the 4th
floor of No. 12 plant, including pipeline belt pulls, tables, paste screen clean studio, production computers, Barge Ma printers and other assembly/packaging production equipment; complete product quality testing equipment; public
infrastructure including power supply lines and central air conditioning, split air conditioning, etc. (hereinafter referred to as the equipment ) to Party B for its sole use. 
 2. Other ancillary equipment is listed in the Annex “Dongguan Wing Shing Communications Equipment list”. 
 3. Party A warrants that the above leased production lines and supporting facilities are in good condition and can be used normally. During the transfer of equipment and production lines, Party A and
Party B should be represented in person, and conduct an inspection of the production lines to ascertain whether they are working properly with written handover procedures; If Party B finds the production lines and equipment are not working, Party B
should immediately notify Party A, who will be responsible for necessary maintenance before acceptance and final transfer to Party B. After production lines and equipment are transferred to Party B, Party A will no longer be responsible for
production equipment maintenance (including labor and parts costs). 
 II. Lease Term: 

1. The leasing period commences April 1, 2014 and terminates March 31, 2019. The lease term is 5 years. 

2. When the lease expires, Party A will be entitled to recover the leased equipment, and Party B will return the equipment as scheduled.
In the event Party B wishes to renew the contract for a further term, Party B shall request in writing to Party A at least two months prior to the lease expiring. If Party A agrees, the lease contract will be re-signed. Party B is granted the first
right of refusal to lease under the same conditions. 
 III. Rent, deposits and other expenses: 

1. The Parties agreed that Party A will rent initially the ancillary facilities and equipment for a monthly amount of RMB800,000
(uppercase EIGHT HUNDRED THOUSAND) to Party B, where the monthly SMT equipment rental initially is RMB700,000 (The rent in the first year is RMB700,000 a month, RMB630,000 a month in the second year, RMB567,000 a month in the third year,
RMB510,300 a month in the fourth year, and RMB459,300 a month in the fifth year), and the assembly/packaging production equipment, product quality testing equipment, etc. is leased for a monthly rent of RMB100,000 under the lease term. 

2. Both parties agree that the rent can be paid by bank transfer or cash. 

3. Within three days from the execution of the contract, Party B shall deliver the equivalent of two months standard rental
deposit to Party A, totaling RMB1,600,000 (uppercase ONE POINT SIX MILLION). Party B cannot move equipment out of Party A’s factory without its written notice. After the expiration or earlier termination of the contract, and within
ten days after Party B settles all costs (including, but not limited to, damage, rent, utilities and damages from breach of contract, etc.), the deposit will be refunded without interest to Party B. If Party B has any outstanding aforementioned
costs, part or all of the deposit or Party B’s own SMT machinery will be applied. 

 4. Considering that Party B needs time to obtain a business license and recruit staff to
start production, Party A will waive all or a portion of the rent during the initial five months of the lease, namely free for the first month and a 50% discount off the total RMB800,000 from the second month to the fifth month. The monthly rent is
collected in full from the sixth month on. 
 5. Party B will, on a monthly basis pay the rent for the next month on the
25th of each month. Within 5 days after receiving the payment, Party A will issue ordinary invoices. If payment is past due from Party B, a daily overdue amount of 5% of unpaid rent will be charged and if Party B exceeds the agreed deadline
for more than 10 days, Party A will be entitled to terminate the contract, and recover compensation for the rent due and receive consequential damages and request Party B to assume the liability for the breach. 

6. During the lease term, if Party B terminates the contract in advance, Party A will retain the non-refundable deposit of 2 months rent
(if Party B gives insufficient deposits, Party B must supplement, otherwise Party A is entitled to detain related equipment owned by Party B), and Party A will charge separately liquidated damages. Liquidated damages will be RMB1.4 million if it is
one year in advance, RMB2.8 million if two years in advance and RMB4.8 million if three years in advance of the lease expiry date. Time less than a half year is calculated as one year. 

7. If lease contract does not expire, and Party B does not have any legitimate reason to terminate the contract, Party B shall pay the
penalty set out in clause 6. 
 8. Water charge: Party B will use the necessary funding to install water meters on behalf of
Party A. Party B must pay for the delivery of water for the previous month within 10 days from the beginning of each (next) month. Party B will pay for their own sewage treatment, water and sewage treatment fees in line with the water company
regulations. 
 9. Electricity charge: During the lease period, Party B will be billed for its usage of Party A’s
transformers and electricity consumed by all kinds of activities and manufacturing processes based on electricity meter readings. Party B must pay the charge within 5 days of the confirmed usage of the previous month on the 10th of each
(next) month. Party A must provide value-added tax invoices to Party B within 5 days after receipt of electricity payment. The fees are charged by the electricity supply company. (Party A shall provide Party B with usage of peak power.) The fee is
based on electricity supply company’s average standards. If Party A cannot issue VAT ticket to Party B due to taxing authority’s regulations, both parties will agree otherwise (the fulfillment of the contract is not affected). The contents
of the annex are a part of this contract, and have the same effects after the contract is signed and sealed by both parties. 

10. Elevator: during the lease, all costs for the plant’s elevators shall be paid by Party B (including elevators’ electricity,
maintenance, repair and annual maintenance). Party B is responsible for the operation of their own elevators, and assume all responsibility for security. 
 IV. Management and requirements of equipment with maintenance responsibility 

1. During the lease term, equipment leased by Party B cannot be moved out of Party A’s plant. All vehicles of Party B should be
checked by Party A’s security while passing Party A’s factory gates. As for suspicious objects, Party A is entitled to detain the objects until they are checked and assured. 

2. In principle, Party B cannot move the equipment out of Party A’s plant. But due to special needs that require the two parties to
swap the space of each other’s SMT placement machine, Party B should get the written approval of Party A, and before the swapping, Party A can send experts to make sure that the value of Party A’s placement machine is higher than that of
Party B’s. When the contract expires, Party B shall return all the equipment to the original place and status. Party B cannot get their placement machine back until Party A’s machine is confirmed in normal operation. All costs incurred by
the relocation of equipment should be paid by Party B, and Party B shall be responsible to repair and compensate any damages caused by the relocation of equipment. 
 3. To ensure the integrity of the machines, Party A can organize two annual inspections, respectively at end of June and December, without affecting the normal production of Party B. If Party A’s
machines are found missing, Party B should compensate according to the net book value in Party A’s financial accounts. 

4. The equipment leased from Party A can only be used for the placement and assembly of communications products. If used for other
purposes, Party B must get the written approval of Party A. 
 5. Party B shall provide good security measures and management
measures for the leased equipment. In the event of loss, man-made damage (crashed nose or bumped nozzle caused by man-made damage, for example, improper operation), Party B should be responsible for compensation and maintenance costs. If Party B
refuses to repair or compensate, Party A can terminate or proposes to change the terms of the contract besides holding Party B responsible for the damage or breach of contract. 

 V. Sublease and return: 

1. During the lease term, without the written consent of Party A, Party B cannot sublease, sublet or disguise to sublease, sublet in forms
of collaboration with third parties. 
 2. When the contract expires, all the equipment should be returned in good operation. As
for damages occurred during the lease term (including man-made damage, natural damage caused by fire or other accidents), Party B is required to pay compensation according to the net book value of the depreciated equipment in Party A’s
financial accounts (compensation criteria in Annex 2 “The Decreasing proportion of yearly depreciation of fixed assets “). 
 VI. Other relevant conventions: 
 1. While Party B utilizes the leased
machines from Party A to produce communication equipment products, Party B should be a law-abiding operator and shall not produce or sell those products that go against the national compulsory certification (3C); Party B cannot produce products with
impersonation factory name or site. If violating these rules, Party B must take full responsibility and accept the government punishment; Party B cannot involve any illegal activities such as smuggling, tax evasion, wage arrears etc. Otherwise Party
B shall be responsible for all the consequences and Party A will require Party B to compensate them for any costs they incur. 

2. During the lease, Party B shall take proper measures to guard against fire, theft and ensure public health and security. Party A can
inspect on site when necessary. 
 3. During the lease, Party B can add equipment according to production needs with the written
consent of Party A. At the same time, Party B cannot move equipment out of the Party A’s factory without its written notice. 
 4. During the lease, in case of electricity increase or damage of electrical facilities caused by added machines, Party B shall pay all costs and take full responsibility. 

5. During the lease, if Party B breaches any term of the contract, Party A has the right to unilaterally terminate the contract, refuse
to refund the deposit and claim liquidated damages and compensation for other losses. 
 6. Both parties are required to
conscientiously fulfill all the terms of this contract. If one party defaults, he will undertake the corresponding responsibility according to relevant conventions. 
 7. Party B shall not fall behind with its staff’s wages. Two weeks of arrears of wage will be deemed as breaching the contract. In this case, Party A has the right to unilaterally terminate the
contract and retrieve the leased machine immediately. All the consequences arising from the unpaid wages will be borne by Party B and Party A will be held harmless. If Party B’s deliberate underpayment of wages causes serious problems, Party A
will be entitled to detain and sell Party B’s relevant owned equipment (including the three sets of SMT equipment used as collateral in this contract) as well as other property placed in Party A’s factory, such as devices, finished product
for consumers, semi-manufactured goods and raw material. The proceeds from those objects will be used to settle wages due to Party B’s staff or retained as a deposit. 
 8. After the termination of this contract, Party B shall return all the equipment within 10 days and ensure that all the equipment is in good operation (except for normal wear and tear). Party B shall
settle all the costs and finish the handling procedures. If Party B does not pay all rent arrears, liquidated damages, compensation, Party A is entitled to use the deposit to pay the rent arrears, liquidated damages, compensation. If the deposit is
not enough, Party A can detain and sell Party B’s relevant equipment (including the three sets of SMT placement equipment used as collateral in this contract) as well as other property placed in the Party A’s factory, such as devices,
finished product for consumers, semi-manufactured goods and raw material. The money sold from those objects will be used to pay the rent arrears, liquidated damages and compensation. 

9. Both parties can reach agreement in the annex on those matters that are not covered in this contract. 

 

 VII. Special Agreement 

A deposit equivalent to two months’ rent, namely, RMB1.6 million, should be paid to Party A. During the lease, Party B should repay
the money spending on rent, compensation, liquidated damages and wages for Party B’s staff in a timely manner to ensure that Party A can hold RMB1.6 million; if deposit decreases due to the above reason while Party B refuses to fill reduction
in deposit even with a written summons by Party A, Party B’s action will be deemed as having breached the contract. Thus, Party A is entitled to unilaterally terminate this contract and claim B’s responsibility in accordance with the
relevant stipulations of the contract. 
 VIII. 
 Those matters which are not covered by the contract shall be settled through friendly consultations and negotiations. 
 If still no consensus can be reached, the two parties should take legal action in the People’s Court which has jurisdiction over Party A’s location. 

IX. 
 The
contract is in four (4) originals, two (2) for Party A and two (2) for Party B. It will become effective after both parties sign and seal and will be automatically validated at the time when all the money has been settled and all
lease affairs have been finished. 
  
  

 

					
		  	Party A (Seal): Guangdong Lite Array Co., Ltd. (Sealed)	  	
		  	  
 Signature:    Shu Wei Ping

	  	
		  		  	Date: April 1, 2014        
		  	Party B (Seal): Dongguan Hwa O’Tai Electronic Technology Co., Ltd. (Sealed)	  	
		  	  
 Signature:    Cai Chang Yi

	  	
		  		  	Date: April 1, 2014

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