Document:

Exhibit 4.30

 

Loan Agreement

 

This loan agreement (“This Agreement”)
was signed by the following parties in Hangzhou, China on November 15, 2019:

 

		1.	Beijing Zhong Chuan Shi Xun Technology Limited, a company
established in accordance with the laws of China and legally surviving. Its unified social credit code is 9111010576215249XM,
and its registered address is 18B05, 15th Floor, No. 2 C, East Third Ring North Road, Chaoyang District, Beijing (“Company”);

 

		2.	Hangzhou Maijie Investment Co., Ltd., a limited liability company that has been effectively established
and legally survived in accordance with Chinese laws, its unified social credit code is 91330108MA27W4YRX2, and the registered
address is Room 606, Building 1, No. 1760 Jiangling Road, Xixing Street, Binjiang District, Hangzhou (“Lender”);

 

		3.	Song Xuesong, a natural person of Chinese nationality, has a citizenship number of 120112196809040417,
and his domicile is 3-3-702, Zhongyu Garden, Guangdong Road, Hexi District, Tianjin (“Guarantor”).

 

Given:

 

		1.	The related party of the Company, Luokung Technology Corp. (“the Company’s Listed
Entity”), its related shareholders and other related parties are negotiating the purchase of Saleya Holdings Limited (a
company effectively established under the laws of the British Virgin Islands And legally existing company, its company number is
1020169 and the registered address is Trinity Chambers, P.O. Box 4301, Road Town, Tortola, British Virgin Islands) the transaction
of issued shares and the equity of related domestic operating entities (“Proposed Acquisition Transaction”);

 

		2.	In order to raise the funds required to implement the proposed acquisition transaction, the Company’s
listed entity and lender’s related party, Geely Technology Group Co., Ltd. (“Geely Group”), as a subscriber,
signed a share subscription contract on November 13, 2019 (“Share Subscription Contract”). According to the share
subscription contract, the delivery prerequisites agreed in the share subscription contract (including but not limited to the completion
of ODI procedures (as defined below)) are satisfied or exempted. The listed entity of the Company will issue 21,794,872 preferred
shares to Geely Group or its related parties at a price of USD 1.95 per share (“investment amount”) (based on
the split, merger and other similar acts of the listed entity of the company Adjust accordingly). The share subscription contract
further stipulated the rights and obligations of the group or its related parties after becoming the Company’s listed entity shareholder;

 

		3.	To facilitate the completion of the proposed acquisition transaction as soon as possible, the lender
intends to provide the Company with a loan of RMB 300,000,000 (“loan”) in accordance with the terms of this agreement,
and the Company agrees to accept such loans in accordance with the terms of this agreement;

 

		4.	The guarantor is the CEO of the Company. On the date of signing this agreement, holding not less
than 28,000,000 common shares of the Company’s listed entity, and is willing to use the 28,000,000 common shares of the Company’s
listed entity under this agreement. Agree to provide a guarantee.

 

Except as clearly defined in this agreement, the meaning of
other terms shall be consistent with the meaning of the terms used in the share subscription agreement.

 

The parties reached the following agreement through friendly
consultations, so as to jointly observe:

 

    1

     

    

 

Article 1 Arrangements for
borrowing and repayment

 

		1.1	Borrowing

 

The loan currency under this contract is RMB; the
loan amount is RMB 300,000,000. The lender shall remit the loan under this agreement to the following bank account designated by
the Company within the day after the preconditions specified in Article 3 of this agreement are met or waived:

 

		1.2	Repayment

 

The lender promises that after
this agreement is signed, it will make reasonable commercial efforts to prompt Geely Group to complete the procedures for overseas
direct investment as soon as possible (Including, but not limited to, the overseas direct investment registration/recording procedures
required to complete the subscription of the shares of the company’s listed entity with the investment amount in the development
and reform department, business department, foreign exchange management department or bank (“ODI procedures”)

 

If Geely Group completes the
ODI procedure within one (1) year after the signing of this agreement, the lender may send a written repayment notice (“Repayment
Notice”) to the company at any time after the completion of the ODI procedure. The Company shall repay the principal and
interest within sixty (60) days after receiving the repayment notice.

 

If Geely Group fails to complete
the ODI procedure for any reason within one (1) year after the signing of this agreement, the lender has the right to unilaterally
issue a repayment notice to the Company at any time after one year from the date of signing of this agreement. Within sixty (60)
days after receiving the repayment notice, the principal and interest shall be paid at once, unless otherwise agreed by the parties.

 

		1.3	Interest Rate

 

The loan interest rate under this agreement is 8%
simple interest. The interest is calculated from the date the lender actually release the loan and ends when the listed entity
of the Company issues subscription shares to Geely Group or its related parties in accordance with the share subscription agreement.

 

		1.4	Purpose of loan

 

The loan under this agreement are limited to the
implementation of the proposed acquisition transaction, and the Company may not use it for other purposes without the lender’s
prior written consent.

 

    2

     

    

 

Article 2 Guarantee

 

		2.1	The guarantor undertakes to provide joint liability guarantees (“guarantor guarantees”) for the Company to
perform the repayment obligations mentioned in Article 1.2 of this contract with the 28,000,000 shares of the Company’s listed
entity, and within five (45) days after the signing of this agreement, complete the corresponding share pledge registration in
accordance with the provisions of the applicable law, and pledge the 28,000,000 common shares of the Company’s listed entity
held by the guarantor as the first order guarantee to lender. The scope of guarantee includes the principal debt and its interest,
overdue interest, liquidated damages, damages and the cost of realizing the security rights (including but not limited to litigation
costs, attorney fees, notarization costs, execution costs, etc.).

 

		2.2	The company promises that since the Company holds 51% of the equity of Saleya, the Company will use its equity of Saleya’s
to provides joint liability guarantees (“company guarantees”) for the Company to perform the repayment obligations
mentioned in Article 1.2 of this agreement. The Company promises to complete the corresponding equity pledge registration within
forty-five (45) days after the completion of the proposed acquisition transaction. All the shares of Saleya held by the Company
shall be pledged to the borrower according to the first order. The scope of guarantee includes the principal debt and its interest,
overdue interest, liquidated damages, damages and the cost of realizing the security rights (including but not limited to litigation
costs, attorney fees, notarization costs, execution costs, etc.). To avoid doubt, after the Company guarantee is effectively completed,
the Company guarantee will replace the guarantor guarantee to provide joint and several liability guarantee for the Company to
perform the obligations of this agreement.

 

Article 3 Prerequisites

 

		3.1	The lender’s performance of the loan obligations under this agreement shall be premised on the satisfaction of each of the
following conditions or the written waiver of the lender:

 

		(1)	The statements and guarantees of the companies and guarantors
listed in this agreement shall be true, accurate and complete in all material respects when they are made and when the lender
releases the loan;

 

		(2)	Both the Company and the guarantor have obtained sufficient internal authorization, including approval from the shareholders’
meeting or the board of directors or other internal authority to enter into and execute this agreement;

 

		(3)	The Company and the guarantor have received the approval, consent, registration or filing of the relevant government departments
necessary to sign and perform this agreement;

 

		(4)	No government department has formulated, issued, promulgated, implemented or adopted any laws or government orders that restricted
or prohibited the conclusion and performance of this agreement and the implementation of the proposed acquisition transaction;

 

		(5)	The Company and the guarantor have obtained all the written consent of the third parties necessary to conclude and perform
this agreement or have notified the relevant third parties;

 

		(6)	The Company, the guarantor, and the Company’s listed entity do not have any violation of this agreement or the “Share
Subscription Agreement”;

 

		(7)	The guarantor has pledged 28,000,000 ordinary shares of the Company’s listed entity to the lender in accordance with
the provisions of Article 2.1.

 

		3.2	The Company and the guarantor shall make reasonable commercial efforts to promptly satisfy the preconditions specified in Article
3.1 or be waived by the lender if the preconditions specified in Article 3.1 are not fully satisfied (or waived) within forty-five
(45) after the signing of this agreement, this agreement is automatically terminated, and neither party is required to bear any
responsibility.

 

    3

     

    

 

Article 4 Representations
and Warranties

 

		4.1	The Company and the guarantor state and guarantee to the lender on the date of signing this agreement:

 

		(1)	The Company is legally and effectively established and exists, and there are no situations or legal
procedures that may lead to its termination, suspension of business, dissolution, liquidation, bankruptcy, merger, division, or
loss of legal personality;

 

		(2)	The guarantor is a natural person with full capacity for civil conduct, and the signing and performance
of this contract is the expression of his true intention;

 

		(3)	It has fully legal qualifications and the necessary powers to sign this agreement, exercise its
rights under this agreement and perform its obligations under this agreement;

 

		(4)	The signing of this agreement or the performance of its obligations under this agreement does not
violate any other agreements entered into, any laws and regulations applicable to it, and will not have any legal conflict with
the above;

 

		(5)	All necessary approvals, permits, consents, registrations, filings or any other formalities required
by the shareholders, board of directors, exchanges, government departments and any other parties required to sign this contract
(due to current laws and regulations and relevant government departments Except for reasons that cannot be obtained properly) have
been properly obtained and completed and are fully legal and effective;

 

		(6)	There is no arbitration, litigation or administration that is in progress or known to it that may
involve it and that may have a serious adverse effect on its financial condition or its ability to perform its obligations under
this agreement;

 

		(7)	Once this agreement is signed, it constitutes a binding obligation;

 

		(8)	Did not engage in criminal acts or involved criminal activities;

 

		(9)	For the purpose of this transaction, the information provided to the lender through written, oral,
electronic or other means is true, accurate, complete and effective, and there are no major omissions or misleading statements;

 

    4

     

    

 

		(10)	Outside of daily operations, the Company and the guarantor have no other liabilities that have
a significant impact on the performance of this agreement (including existing debts and contingent liabilities arising from the
company’s guarantee, mortgage, pledge or other forms of guarantee);

 

		(11)	The terms of this agreement are valid under the laws of the British Virgin Islands, and the transactions
contemplated by this agreement can be executed in accordance with the provisions of this agreement under the relevant applicable
laws;

 

		(12)	The guarantor has legal, valid, complete and exclusive ownership of 28,000,000 common shares of
the Company’s listed entity, and there are no existing pledges, guarantees or any other rights on these shares;

 

		(13)	After the proposed acquisition transaction is completed, the Company
will legally, effectively, completely and exclusively hold 51% equity of Saleya, and there
is no existing pledge, guarantee or any other rights burden on these equity;

 

		(14)	The Company and its controlled subsidiaries comply with all applicable laws and regulations, government
requirements, court orders, etc. in all substantive aspects, and have not violated any orders or judgments received from any Chinese
court, any government or regulatory agency The order or judgment was not severely punished by the competent government department;

 

		(15)	All major contracts of the Company as a party are legal and valid, and the Company has performed
all its major obligations under these agreements so far without any major breach of agreement;

 

		(16)	The Company engages in business activities within the scope permitted by its applicable law. The
Company has processed all relevant government (including China and overseas) approval, licensing, registration, certification,
and other relevant documents, and will maintain the validity of these documents And continuous, with corresponding qualifications
to carry out production and operation activities within its approved business scope; at the same time, the company does not have
any real or potential reasons that may lead to the cancellation, withdrawal or invalidation of the above government approvals,
permits, registration filings and certification documents;

 

		(17)	The Company enjoys complete and sufficient ownership of its major assets, and there is no third
party ownership, co-ownership, possession, mortgage, pledge, lien or other security rights in these assets, and No compulsory measures
such as seizure, freezing, or seizure have been taken by courts, arbitration institutions, or other authorities with authority;

 

		(18)	All audited accounts and management accounts (including transfer accounts) of the Company are formulated
in accordance with applicable laws and regulations, and truly, completely and accurately reflect the Company’s financial
and operating conditions at the date of the relevant accounts. The company’s financial records and information are complete
meet the requirements of applicable laws and accounting standards.

 

    5

     

    

 

		4.2	The lender shall state and guarantee to the company and the guarantor
on the date of signing of this agreement:

 

		(1)	It has fully legal qualifications and the necessary powers to sign this contract, exercise its
rights under this contract and perform its obligations under this agreement;

 

		(2)	The signing of this agreement or the performance of its obligations under this agreement does not
violate any other agreements entered into by it, any laws and regulations applicable to it, and will not have any legal conflict
with the above;

 

		(3)	All necessary approvals, permits, consents, registrations, filings or any other formalities required
by the shareholders, board of directors, exchanges, government departments and any other parties required to sign this agreement
(due to current laws and regulations and relevant government departments except for reasons that cannot be obtained properly) have
been properly obtained and completed and are fully legal and effective;

 

		(4)	Once signed, this contract constitutes a binding obligation.

 

Article 5 breach of agreement 

 

		5.1	Any of the following events (“default event”) constitutes a party’s default event under this agreement:

 

		(1)	Any statement or warranty made under this agreement proves to be untrue, inaccurate, or misleading in any material respect;

 

		(2)	Violation of any commitments or obligations under this agreement (including but not limited to failure to repay the loan on
time).

 

		5.2	In the event of any breach of agreement, the observant party has the right to request the breaching party to compensate for
any losses related to the breach of contract, including damages, costs and expenses (including attorney fees), fines, etc., and
has the right to take other legally permitted Any action.

 

		5.3	The parties further agreed that if the Company fails to repay the principal and interest of the loan in accordance with the
provisions of this agreement, the overdue payable amount shall be paid from the overdue date to the date of the Company’s actual
settlement at the rate of four of ten thousandths per day.

 

    6

     

    

 

Article 6 Effectiveness,
modification and cancellation of the agreement

 

		6.1	This agreement becomes effective after being signed by all parties.

 

		6.2	This agreement can be amended or supplemented with the written consent of all parties; any modification and supplement to this
agreement constitute an integral part of this agreement.

 

		6.3	This agreement is terminated in any of the following situations:

 

		(1)	After the agreement between the two parties to terminate this contract in writing;

 

		(2)	If the Company, guarantor or listed entity of the Company seriously violates this agreement or the “Share Subscription
Agreement”, the lender has the right to notify the Company in writing to terminate this agreement;

 

		(3)	If the proposed acquisition transaction is terminated for any reason, the lender has the right to notify the company in writing
to terminate this agreement;

 

		(4)	Other circumstances in which this agreement or the agreement stipulated by applicable laws and regulations is terminated.

 

		6.4	After the of this agreement, all rights and obligations of the parties under this agreement will be terminated immediately.
The relevant parties shall bear corresponding responsibilities in accordance with the applicable laws and the provisions of this
agreement.

 

Article 7 Applicable Law
and Dispute Resolution

 

		7.1	This agreement is applicable to the laws of the People’s Republic of China (for the purpose of
this agreement, excluding Hong Kong Special Administrative Region, Macau Special Administrative Region and Taiwan Region) and shall
be interpreted accordingly.

 

		7.2	During the performance of this agreement, all disputes and disputes arising from or related to
the performance of this agreement shall first be resolved by friendly consultations. When the negotiation fails to resolve, either
party has the right to apply for arbitration to the China International Economic and Trade Arbitration Commission in accordance
with its then valid arbitration rules. The place of arbitration is Beijing. The result of the arbitration is final and binding
on all parties.

 

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Article 8 Other

 

		8.1	A party’s failure to exercise, delay or partially exercise any of its rights, powers or remedies
under this agreement does not constitute a waiver or partial waiver of them, nor does it affect the party’s further rights, powers
or remedies Exercise or exercise of any other right, power or remedy. The illegality, invalidity or unenforceability of any clause
of this agreement under any law does not affect its legality, validity or enforceability under any other law, nor does it affect
the legality, validity or validity of any other clause Enforceability. All parties should negotiate to determine the new clauses
within the legal scope to ensure the maximum realization of the original clauses.

 

		8.2	All the terms of this agreement are confidential information, and the parties should not disclose
it to any third party. For the purpose of performing this agreement, on the basis of what needs to be known, the parties may disclose
to senior staff, directors, employees, agents and professional consultants related to the performance of this agreement, but should
ensure that such senior, director, employee, agents and professional consultants also abide by the confidentiality obligations
under this agreement. If a party’s senior, directors, employees, agents and professional consultants violate the confidentiality
obligations under this agreement, it will be deemed that the party violates the confidentiality under this agreement; if the parties
need to disclose the information about this agreement to the government, the public or shareholders in accordance with the requirements
of the law or submit this agreement to the relevant agency for record, it is an exception, but the relevant party should immediately
notify the other parties. Whether this agreement is changed, cancelled or terminated, this Article 8.2 has legal effect.

 

		8.3	The original of this agreement is in six (6) copies, and each party holds two (2) copies, each
of which has the same legal effect.

 

 

8Exhibit 4.34

 

This “Preferred
Stock Subscription Agreement” (hereinafter referred to as “this Agreement”) was signed by the following two parties
on June 17, 2020:

 

The parties to this
agreement:

 

Party A: Luokung
Technology Corp (“Issuer”)

 

Company Address:
B9-8, Block B, SOHO Phase II, No. 9, Guanghua Road, Chaoyang District, Beijing, China

 

Party B: Daci
Haojin Foundation Limited (“subscriber”)

 

Company Address: ROOM
7022,  FLAT D, 7TH FLOOR TAK WING INDUSTRIAL, BUILDING 3 TSUN WEN ROAD TUEN MUN, N.T. HONG KONG

 

Certificate No.: 69525906-000-06-18-6

 

Given:

 

		1.	Party A is one of the global leading spatial-temporal big-data processing
technology companies, a leading interactive location-based services company in China (NASDAQ:
LKCO).

 

		2.	Party B is a limited liability company established under the Hong Kong Business Registration Ordinance
in accordance with the law. It is an enterprise/legal person that can independently undertake civil affairs. Related matters are
executed by its licensed institutions.

 

In order to clarify the rights and obligations
of both parties, on the basis of equality and voluntariness, both parties A and B reached the following agreement on the subscription
of preferred shares of Party A (hereinafter referred to as “preferred shares issuance” or “this issuance”)
subscription, and obey together:

Article 1: Stock varieties, subscription
price and amount

 

    

     

    

 

The type of share subscribed by Party B
is the preferred shares. The number of preferred shares issued by Party A to Party B are 15 ,000,000 shares, the price per share
of the issuance is US$3.00, and the total consideration is USD 45,000,000. Party B intends to pay USD 45,000,000 in cash to subscribe
for the 15,000,000 preferred shares. Twelve (12) months after Party B pays the consideration of the subscription, Party B automatically
converts the preferred shares it subscribes to Party A’s ordinary shares at a 1:1 ratio. Prior to the conversion of ordinary shares
in this issue, Party B enjoys a fixed dividend of 8% per year (a total of one year). Party A pays Party B dividends in the form
of ordinary shares at a unit price of $3.00 per share.

 

If the Party A distributed dividends, bonus
shares, share capital conversion, conducted ex-dividend and ex-rights activities during the period from the pricing base date to
the issuance date. The number of share issuance and price will be adjusted accordingly.

 

Article 2: Payment method

 

Given the global impact of the COVID-19,
Both parties agree within 3 months after the signing of this agreement, Party B will transfer all the consideration of the subscription
in cash to the account designated by Party A below, and the payment schedule and amount shall be based on the supplemental agreement;

 

Article 3: Delivery of preferred shares

 

Within 5 working days
after Party B pays the subscription payment according to this agreement, Party A shall issue a subscription receipt to Party B
in accordance with Party B’s requirements, and at the same time, Party A shall deliver a certificate of the preferred shares to
Party B.

 

Article 4 Representations and Warranties

 

Party A makes the following representations
and warranties

 

		1.	Party A has full rights and authorization to operate its business and owns its existing properties;

 

		2.	Party A has the right to sign this agreement and perform its obligations under this agreement.
After this agreement is signed by Party A, it constitutes its legal and binding obligations;

 

    2

     

    

 

		3.	Party A signs this agreement and performs its obligations under this agreement

 

		(1)	Will not violate any provisions of its business license,
incorporation agreement, articles of association or similar organizational documents; 

 

		(2)	Will not violate any relevant laws or any government
authorization or approval; Party B makes the following representations and warranties

 

		1.	Party B is an enterprise and legal person/natural person who has the capacity to enjoy civil rights
and capacity for civil conduct in accordance with the law and can independently assume civil; 

 

		2.	Party B has the right to sign this agreement and perform its obligations under this agreement.
After this agreement is signed by Party B, it constitutes its legal and binding obligations;  

 

		3.	Party B signs this agreement and performs its obligations under this agreement: 

 

		(1)	Will not violate any provisions of its business license,
incorporation agreement, articles of association or similar organizational documents; 

 

		(2)	Will not violate any relevant laws or any government
authorization or approval

 

		(3)	Will not short company’s share or lend its shares
to others or institutions for malicious shorting

 

Article 5 Obligations and responsibilities
of both parties

 

		1.	Party A’s obligations and responsibilities

 

		(1)	All necessary approvals, permits, consents, registrations,
filings, or any other formalities required by the shareholders, board of directors, exchanges, government departments, and any
other parties required to sign this contract Except) have been properly obtained and completed and are fully legal and effective; 

 

		(2)	Ensure that the shares agreed in this agreement are
issued to Party B as soon as possible in accordance with the conditions, quantity and price agreed in this agreement, and in accordance
with the relevant regulations of the relevant securities registration and settlement institution; 

 

    3

     

    

 

		(3)	The fund-raising investment project issued this time
is the arrangement that Party A is currently planning according to its own needs. These arrangements may change according to factors
such as approval and market conditions. Party A will reconsider after performing relevant procedures in accordance with the law.
Does not constitute a contractual obligation of Party A to Party B; 

 

		(4)	According to the relevant regulations of the relevant
stock exchange, timely information disclosure.

 

		2.	Party B’s obligations and responsibilities

 

		(1)	Cooperate with Party A to handle the relevant procedures
for the issuance of preferred shares; 

 

		(2)	Ensure that the sources of its subscription funds
under this agreement are normal and legal; 

 

		(3)	It is fully legally qualified and has the necessary
powers to sign this contract, exercise its rights under this contract and perform its obligations under this contract; 

 

		(4)	The signing of this agreement, or the performance
of its obligations under this contract, does not violate any other agreements entered into, any laws and regulations applicable
to it, and will not have any legal conflicts with the above; 

 

		(5)	It has all the necessary approvals, permits, consents,
registrations, filings or any other formalities required by the shareholders, board of directors, exchanges, government departments
and any other parties required to sign this contract (due to the current laws and regulations and the relevant government departments
cannot be appropriate Except those obtained) have been properly obtained and completed and are fully legal and effective; 

 

Article 6: Effective conditions of this
Agreement 

 

This agreement is effective from the date
when the legal or authorized representatives of both parties A and B sign and affix their official seals.

 

    4

     

    

 

Article 7: Liability for breach of contract

 

		1.	After the signing of this agreement, in addition to force majeure, any party who does not perform,
or does not perform in a timely manner, improperly perform any of its obligations under this agreement, or violate any of its statements,
guarantees or commitments made under this agreement, shall Bear corresponding legal responsibilities in accordance with the law; 

 

		2.	If all the conditions stipulated in Article 7 of this agreement are met and Party B does not participate
in the subscription as scheduled in this agreement, Party B shall pay Party A a penalty of three ten thousandths of the overdue
amount per day

 

Article 8: Confidentiality

 

One party has the obligation to keep confidential
the other party’s trade secrets learned through this share subscription, and shall not disclose it to other third parties,
except as otherwise provided by the current laws and regulations of the United States of America or with the other party’s
written consent.

 

Article 9: Supplement and change

 

This agreement can be amended or supplemented
in writing based on the opinions of both parties. The supplementary agreement thus formed has the same legal effect as this agreement.

 

Article 10: Rescission and Termination

 

		1.	This agreement cannot be performed due to force majeure, and this agreement is terminated after
written confirmation by both parties;  

 

		2.	Both parties agree to terminate this agreement;  

 

		3.	One party to this agreement seriously violated this agreement, rendering the other party unable
to achieve the purpose of the agreement;  

 

		4.	The rescission of this agreement does not affect the observing party and the breaching party will
be held accountable

 

    5

     

    

 

Article 11: Force Majeure

 

		1.	Due to force majeure, any party may be unable to perform this agreement in whole or in part or
delay the execution of this agreement. Within three days from the date of the event of force majeure, the other party shall be
notified in writing to the other party, and three days from the date of the event Within ten days, submit to the other party a
certificate that causes all or part of it to fail or be delayed;  

 

		2.	The party that suffered the force majeure shall take
all necessary measures to reduce the loss, and if it can continue to perform, the performance of this agreement shall be resumed
immediately after the event is eliminated. If it cannot be performed, the agreement can be terminated after consultation between
the two parties;

 

		3.	“Force majeure” as mentioned in this article refers to objective events that cannot be
foreseen, insurmountable, or unavoidable, including but not limited to natural disasters such as floods, earthquakes, fires, storms,
etc. Objective events include wars, civil unrest, strikes, etc.

 

Article 12: Dispute resolution 

 

		1.	If there is any dispute between the parties to this agreement regarding the interpretation or performance
of the relevant provisions of this agreement, they shall be resolved through friendly consultation;  

 

		2.	If no written agreement is reached after negotiation, either party has the right to bring a lawsuit
to the court where Party A’s residence is located

 

Article 13: Interpretation of the agreement

 

The title of each clause of this agreement
is for convenience only and does not affect the meaning of the clause to which the title belongs.

 

Article 14: Other

 

This agreement is in duplicate and has
the same effect. Each party holds one copy.

 

    6

     

    

  

PREFERRED STOCK PURCHASE AGREEMENT

(Supplemental Agreement)

Subscription
Plan

 

Party A: Luokung Technology Corp.

Party B: Daci Haojin Foundation
Limited

 

Based on the principle of equality and
mutual benefit, through friendly consultation, Party A and Party B voluntarily reach the following supplementary terms and conditions
to the Subscription Plan:

 

According to the《Preferred Stock
Subscription Agreement signed by Party A and Party B. LKCO (issuer) and Daci Haojin Foundation Limited (subscriber) agree to complete
the issuance and subscription within a set time. Party A plans to issue 15,000,000 shares to at a price of USD 3.00 per share,
with a value of USD 45,000,000. Based on the current (as of 16th Jun. 2020) RMB to USD exchange rate of 1; 7.096, that equivalent
about 319,000,000 RMB (Subject to the actual remitted funds).

 

The payment schedule of Party B is as follows:

 

	 	The deadline	Subscription proportion	Subscription amount
	First stage	
        2020/07/31

        31th Jul. 2020
	
        30%

        Thirty percent
	USD13,500,000
	Second stage	
        2020/08/31

        31th Aug. 2020
	
        30%

        Thirty percent
	USD13,500,000
	Third stage	
        2020/09/30

        30th Sept. 2020
	
        40%

        forty percent
	USD18,000,000
	Total amount 		USD45,000,000

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