Document:

EX-10.6

 Exhibit 10.6 

Fifth Supplemental Agreement to the Exclusive Technology Consulting and Management Service Agreement 

This Fifth Supplemental Agreement to the Exclusive Technology Consulting and Management Service Agreement (this “Supplemental
Agreement”) is made on March 12, 2021 (the “Execution Date”) in Shanghai, the People’s Republic of China (the “PRC”, for the purposes hereof, excluding Hong Kong, Macau and
Taiwan) by and between: 
  

	Party A:	 Shanghai Aihui Trading Co., Ltd., a wholly foreign-owned enterprise duly incorporated and validly
existing in the territory of the PRC with unified social credit code of 913100000512489464, having its domicile at Room 611, Building 1, No.1616 Changyang Road, Yangpu District, Shanghai; and 

 

	Party B:	 Shanghai Yueyee Network Information Technology Co., Ltd., a limited liability company duly incorporated
and validly existing under the laws of the PRC with unified social credit code of 913101105559290751, having its domicile at Rooms 1101-1103, No.433 Songhu Road, Yangpu District, Shanghai. 

For the purposes of this Supplemental Agreement, Party A and Party B are hereinafter referred to individually as a “Party”
and collectively as the “Parties”. 
 WHEREAS: 
  

	(1)	 The Parties entered into the Exclusive Technology Consulting and Management Service Agreement (the
“Original Agreement”) on August 31, 2012, and the Fourth Supplemental Agreement to the Exclusive Technology Consulting and Management Service Agreement (the “Original Supplemental Agreement”) on June 26,
2018. 

  

	(2)	 The Parties propose to amend and supplement the Original Agreement and terminate the Original Supplemental
Agreement by signing this Supplemental Agreement. 

 NOW THEREFORE, the Parties hereby agree as follows by mutual agreement: 

Article 1 Amendment to the Original Agreement 
 With
respect to payment provision for service fees under the Original Agreement, i.e. Article 2.1 (Service Fees) of and Appendix 2 (Calculation and Payment Terms of Service Fees) to the Original Agreement (the “Original Payment
Provisions”), the Parties hereby agree to amend the Original Payment Provisions as follows: 
 “2.1. Service Fees. Party B (i.e. Shanghai
Yueyee Network Information Technology Co., Ltd.) shall pay to Party A (i.e. Shanghai Aihui Trading Co., Ltd.) for the services provided by Party A pursuant to this Agreement in the following manner: 

 

	(1)	 Subject to the provisions of applicable PRC laws, Party A shall have the right to determine the amount of
service fees based on, among other things, the provision of technology consulting and services to Party B and/or its subsidiaries as well as its operating condition and development needs, which amount shall be equal to all or part of consolidated pre-tax profits of Party B and/or its subsidiaries without taking into account the service fees hereunder upon deduction of prior year losses made good by Party B and/or its subsidiaries (if needed) and costs,
expenses and taxes required to be incurred due to business operations; and 

  

	(2)	 Such service fees as otherwise agreed by Party A in writing for specified services provided by Party A from
time to time upon Party B’s request. 

 The Parties further acknowledge that the above payment provision for service
fees shall take effect retrospectively as of August 31, 2012, and that Party A shall have the right to determine the amount of service fees as per such provision as of August 31, 2012.” 

Article 2 Termination of the Original Supplemental Agreement 

The Parties hereby irrevocably agree and acknowledge that the Original Supplemental Agreement shall terminate and lapse as of the effective
date hereof, and that neither Party enjoys or bears any and all rights or obligations under the Original Supplemental Agreement. The Parties further acknowledge that: (i) as of the effective date hereof, neither Party is required to pay to the
other Party any additional fee or compensation pursuant to the Original Supplemental Agreement, or to compensate the other Party for the termination thereof; (ii) either Party shall be exempted from any liability for its breach or other
misconduct committed prior to the effective date hereof (including acts and omissions, if any); and (iii) either Party who suffers any third party claim in connection with the Original Supplemental Agreement, whether or not attributable to the
other Party, shall not claim compensation against the other Party. 
 Article 3 Miscellaneous 

 

	1.	 This Supplemental Agreement shall form an integral part of the Original Agreement upon being duly signed by the
Parties, and shall have the same legal effect as the Original Agreement. In case of any inconsistency between this Supplemental Agreement and the Original Agreement or with respect to matters covered hereby that are not set forth in the Original
Agreement, this Supplemental Agreement shall prevail. Any matter not set forth in this Supplemental Agreement shall be subject to the Original Agreement. 

	2.	 The execution, validity, interpretation, performance, modification and termination of and resolution of
disputes arising from this Supplemental Agreement shall be governed by the laws of the PRC. 

  

	3.	 Any and all disputes arising from the interpretation and performance of this Supplemental Agreement shall be
firstly resolved by the Parties through amicable negotiations. Should the Parties be unable to reach a consensus on the resolution of such dispute through negotiations within thirty (30) days after either Party’s notice to the other Party
to that effect, then such Party may refer the same to Shanghai Arbitration Commission for arbitration in accordance with its arbitration rules then in effect. The arbitral award shall be final and binding upon the Parties. 

 

	4.	 This Supplemental Agreement shall become effective as of the Execution Date, and is executed in two
(2) originals, with each original having the same legal effect. 

 [The remainder of this page is intentionally
left blank] 

 [This is a signature page to the Fifth Supplemental Agreement to the Exclusive Technology
Consulting and Management Service Agreement] 
  

			
	Party A:
	
	Shanghai Aihui Trading Co., Ltd. (Seal)
	
	 /s/ Shanghai Aihui Trading Co., Ltd.

		
	By:	 	 /s/ Chen Xuefeng

	Name:	 	Chen Xuefeng
	Title: 	 	Legal Representative

  

			
	Party B:
	
	Shanghai Yueyee Network Information Technology Co., Ltd. (Seal)
	
	 /s/ Shanghai Yueyee Network Information Technology Co.,
Ltd.

  

			
	By:	 	 /s/ Chen Xuefeng

	Name:	 	Chen Xuefeng
	Title: 	 	Legal RepresentativeEX-10.7

 Exhibit 10.7 

Business Operation Agreement 

This Business Operation Agreement (this “Agreement”) is made on August 31, 2012 by and among the following parties (each
“Party” and collectively the “Parties”): 
 Party A: Shanghai Aihui Trading Co., Ltd. 

Address: Room 224, Building 1, No.2011 Wusi Road, Fengxian District, Shanghai 

Legal Representative: Sun Wenjun 
 Party B: Shanghai Yueyee
Network Information Technology Co., Ltd. 
 Address: Rooms 1202-3, Building 2, No.335 Guoding Road, Yangpu
District, Shanghai 
 Legal Representative: Sun Wenjun 

Party C: 
 Sun Wenjun (ID Card No.: ***)

 Chen Xuefeng (ID Card No.: ***) 

WHEREAS: 
  

	1.	 Party A is a wholly foreign-owned enterprise duly incorporated and validly existing in the territory of the
People’s Republic of China (the “PRC”); 

  

	2.	 Party B is a limited liability company incorporated in the PRC, engaging in, among other things, the provision
of a bidding and trading platform for sellers and recyclers of second-hand electronic products; 

  

	3.	 Party A and Party B have established a business relationship by signing the Exclusive Technology Consulting and
Management Service Agreement and other agreements under which Party B shall make payments to Party A, thus Party B’s daily operating activities would have a substantial effect on its ability to make relevant payments to Party A;

  

	4.	 Sun Wenjun and Chen Xuefeng (collectively “Party C”) are Party B’s shareholders (each
“Founding Shareholder” or collectively “Founding Shareholders”), among whom Sun holds 60% of Party B’s shares and Chen holds the other 40% thereof. 

  
 1 

 NOW THEREFORE, the Parties, intending to be bound hereby, reach an agreement as follows through amicable
negotiations and based on the principles of equality and mutual benefit: 
  

	1.	 Obligation to Refrain from an Act 

In order to procure Party B to perform all agreements entered into with Party A and all obligations to Party A, the Founding Shareholders
hereby acknowledge, agree and jointly and severally warrant that, without the prior written consent of Party A or any other party designated by Party A, Party B will not conduct any transactions that may materially or adversely affect its assets,
business, personnel, obligations, rights or company operations, including, without limitation: 
  

	 	1.1	 carrying out any activities beyond its normal business scope; 

 

	 	1.2	 borrowing any loan from any third party or assuming any debt; 

 

	 	1.3	 changing or dismissing any of its director or replacing any of its officer; 

 

	 	1.4	 selling to or acquiring from any third party any assets or rights, including, without limitation, intellectual
property rights; 

  

	 	1.5	 providing any third party with any form of collaterals on top of its assets or intellectual property or any
other form of security, or creating any encumbrance on its assets; 

  

	 	1.6	 modifying its articles of association or its business scope; 

 

	 	1.7	 changing its normal business procedures or amending any of its important internal policies and procedures; and

  

	 	1.8	 assigning its rights and obligations under this Agreement to any third party. 

 

	2.	 Operation Management and Personnel Arrangement 

 

	 	2.1	 Party B and the Founding Shareholders hereby agree to accept and strictly follow the guidance of Party A time-to-time recruitment and dismissal of its employees, its daily operations and its financial management system. 

 

	 	2.2	 Party B and the Founding Shareholders hereby agree that, the Founding Shareholders shall: (i) elect any
persons designated by Party A as Party B’s directors in accordance with applicable laws and regulations and the articles of association; (ii) procure the directors so elected shall elect a chairman from persons recommended by Party A; and
(iii) appoint the persons designated by Party A as Party B’s general manager, finance director and other senior management. 

  

	 	2.3	 Any director or senior management so designated by Party A who leaves Party A, whether voluntarily or
involuntarily, shall be concurrently disqualified from holding any office in Party B. In such case, the Founding Shareholders shall elect any other person otherwise designated by Party A to act in such person’s stead. 

 

	 	2.4	 For the purposes of the foregoing Article 2.3, the Founding Shareholders shall take all necessary internal and
external corporate procedures to complete such recruitment and dismissal in accordance with applicable laws, the articles of association and this Agreement. 

  
 2 

Business Operation Agreement 

	 	2.5	 The Founding Shareholders hereby agree that they will, contemporaneously with the execution hereof, execute an
irrevocable voting proxy power of attorney, pursuant to which the Founding Shareholder shall irrevocably authorize any person designated by Party A to exercise their rights as Party B’s shareholders on their behalf and exercise all voting
rights of the Founding Shareholders at the shareholders’ meetings held by Party B. The Founding Shareholders further agree that he will replace the authorized person designated in the said power of attorney at any time as per Party A’s
request. 

  

	3.	 Miscellaneous 

 

	 	3.1	 In the event that any agreement between Party A and Party B terminates or expires, Party A shall have the right
to decide whether or not to terminate all agreements between Party A and Party B, including but not limited to the Exclusive Technology Consulting and Management Service Agreement. 

 

	 	3.2	 Given that Party A and Party B have established a business relationship by signing the Exclusive Technology
Support and Consulting Agreement and other agreements, Party B’s daily operating activities would have a substantial effect on its ability to make relevant payments to Party A. The Founding Shareholders agree that any bonuses, dividends or
other interests or benefits (in whatever form) received by them from Party B as Party B’s shareholder shall be immediately paid or transferred to Party A unconditionally upon realization. 

 

	4.	 Entire Agreement and Modification of the Agreement 

 

	 	4.1	 This Agreement, together with all agreements and/or documents referred to or expressly incorporated herein,
constitutes the entire agreement made by the Parties with respect to the subject matter hereof, and supersedes all prior oral and written agreements, contracts, understandings and communications among the Parties with respect thereto.

  

	 	4.2	 No modification to this Agreement may become effective unless made in writing and signed by the Parties. Any
amendment and supplemental agreement to this Agreement shall form an integral part hereof upon being duly signed by the Parties, and shall have the same legal effect as this Agreement. 

 

	5.	 Governing Law 

The execution, validity, performance and interpretation of and resolution of disputes arising from this Agreement shall be governed by and
construed in accordance with the laws of the PRC. 
  

	6.	 Dispute Resolution 

 

	 	6.1	 Any and all disputes among the Parties arising from the interpretation and performance of the provisions hereof
shall be resolved by the Parties through negotiations in good faith. Should such negotiations fail, either Party may refer the dispute to Shanghai Arbitration Commission for arbitration in accordance with its arbitration rules then in effect. The
arbitration proceedings shall be conducted in Chinese. The arbitral award shall be final and binding upon the Parties. 

  
 3 

Business Operation Agreement 

	 	6.2	 Except for matters in dispute, the Parties shall continue to perform their respective obligations in good faith
pursuant to this Agreement. 

  

	7.	 Notices 

All notices sent by the Parties hereto in connection with the performance of their rights and obligations hereunder shall be made in writing
and addressed to relevant party or the Parties by personal delivery, registered mail, postage prepaid mail, recognized courier service or fax. 

Party A: Shanghai Aihui Trading Co., Ltd. 

Address: Room 224, Building 1, No.2011 Wusi Road, Fengxian District, Shanghai 

Tel:
[                             ] 

Recipient: Sun Wenjun 
 Party
B & Party C: Shanghai Yueyee Network Information Technology Co., Ltd. 
 Address: Room 705, Building 7, Phase III, Chuangzhi Tiandi,
No.333 Songhu Road, Shanghai 
 Tel: *** 

Recipient: Sun Wenjun 
  

	8.	 Effectiveness, Term and Miscellaneous 

 

	 	8.1	 Any decision hereunder regarding Party A’s written consent, suggestion or designation or otherwise has any
significant impact on Party B’s daily operations shall be made by the board of directors of Party A. 

  

	 	8.2	 This Agreement shall be executed by the Parties and take effect as of the date first written above. This
Agreement will remain effective for ten (10) years unless terminated by Party A in advance. Before the expiration of this Agreement, upon request by Party A, this Agreement shall be renewed by the Parties for further performance hereof or
replaced by a new business operation agreement. 

  

	 	8.3	 Neither Party B nor the Founding Shareholders shall terminate this Agreement in advance during the term hereof.
Party A shall have the right to terminate this Agreement at any time by giving written notice to Party B and the Founding Shareholders. 

  

	 	8.4	 If any provision hereof is deemed to be invalid or unenforceable under applicable laws, then such provision
shall be deemed to have been deleted from this Agreement and deemed void, provided that the remaining provisions hereof remain in full force and effect, and this Agreement shall be deemed to exclude such provision ab initio. The Parties shall,
through negotiations, replace the provision deemed to have been deleted with a legal and valid provision acceptable to the Parties. 

  
 4 

Business Operation Agreement 

	 	8.5	 Failure by any Party to exercise any of its rights, powers or privileges hereunder shall not operate as a
waiver thereof. No single or partial exercise of any right, power or privilege shall preclude the exercise of any other right, power or privilege. 

IN WITNESS WHEREOF, the Parties have caused their respective authorized representatives to execute this Agreement as of the date first written above. 

(The remainder of this page is intentionally left blank) 

  
 5 

Business Operation Agreement 

 [Signature Page] 
  

			
	Party A: Shanghai Aihui Trading Co., Ltd.
	
	(Seal)
	
	 /s/ Shanghai Aihui Trading Co., Ltd.

		
	By:	 	 /s/ Sun Wenjun

	Name:	 	Sun Wenjun
	Title: 	 	Legal Representative

  

			
	Party B: Shanghai Yueyee Network Information Technology Co., Ltd.
	
	(Seal)
	
	 /s/ Shanghai Yueyee Network Information Technology Co.,
Ltd.

  

			
	By:	 	 /s/ Sun Wenjun

	Name:	 	Sun Wenjun
	Title:	 	Legal Representative

  

	
	Party C:
	
	Sun Wenjun
	
	 /s/ Sun Wenjun

	
	Chen Xuefeng
	
	 /s/ Chen Xuefeng

  
 Signature Page 

Business Operation Agreement

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00328-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00328-of-00352.parquet"}]]