Document:

EX-4.17

 Exhibit 4.17 

Consulting Service Agreement 

This Consulting Service Agreement (the “Agreement”) is made and entered into as of June 28, 2019 in Beijing, PRC by and
between: 
  

	 	(1)	 Rise Education International Limited, a limited liability company duly organized and existing under the
laws of the Hong Kong Special Administrative Region (“Hong Kong”), whose mailing address is at 21/F, CHINACHEM TOWER, 34-37 CONNAUGHT ROAD CENTRAL, HK (“Service Provider”).

  

	 	(2)	 Rise (Tianjin) Education Information Consulting Company
Limited(瑞思(天津)教育信息咨询有限公司), a limited liability company duly organized and existing under the laws of People’s
Republic of China (“PRC”, solely for the purpose of this Agreement, excluding Hong Kong, the Macau Special Administrative Region and Taiwan), whose mailing address is at Room C209, C210, C213, C214, C217, C218, 2/F, Building 1, NO.8
Huanhe West Road, Airport Economic Zone, Tianjin, PRC (“Service Recipient”). 

 Service Recipient
and Service Provider are collectively referred to as the “Parties” and each as a “Party”. 

Whereas: 
  

	 	(A)	 Service Provider is a company focusing on the development and application of interactive teaching
methods, capable of providing valuable and sophisticated educational service solutions to educational institutions and teachers, in order to help students make progress in their studies in reading, languages, arts, mathematics, social studies and
science; 

  

	 	(B)	 Service Recipient, as a company with adequate financial and other resources in the field of
English teaching and training for children, wishes to receive consulting and supporting services in the field of interactive education solutions and Service Provider wishes to provide such services in accordance with the terms and conditions of this
Agreement; 

  
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 NOW, THEREFORE, through friendly consultations, the Parties hereby agree as follows: 

 

	1.	 Scope of Services 

Service Provider shall provide the following strategic consulting services (the “Services”), in Hong Kong, to the Service
Recipient in accordance with the terms and conditions of this Agreement during the term of this Agreement: 
 The strategic consulting
services provided by Service Provider to Service Recipient shall consist primarily of consulting services with respect to strategic planning on curriculum products and strategic consultation on curriculum products. 

Consulting services with respect to strategic planning on curriculum products primarily include the following: 

 

	 	•	 	 providing quantitative analysis, which is comprehensive and objective, of the competition landscape in the
curriculum products by using competition analysis models for similar curriculum products; 

  

	 	•	 	 conducting detailed surveys on competitive curriculum products, analyzing their strengths and weaknesses, and
summarizing the lessons learnt from the success or failure of similar curriculum products to avoid repeating the mistakes; 

  

	 	•	 	 conducting benchmarking analysis on the top curriculum products within and outside the industry;

  

	 	•	 	 analyzing the key success factors of curriculum products, and finding out the factors driving the upgrading of
curriculum products; 

  

	 	•	 	 analyzing the competitive strengths, weaknesses, competition opportunities and threats of the curriculum products
of Service Recipient to determine the core resources and capabilities of such curriculum products; 

  

	 	•	 	 defining the mission, vision and values of Service Recipient and, on this basis, defining the business scope and
territorial scope of its curriculum products, defining the research and development areas relating to curriculum products, and determining the portfolio model of curriculum products; 

  
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	 	•	 	 analyzing the feasibility of the diversification of curriculum products, determining strategic decisions on the
diversification of and professional improvements in curriculum products, based on business synergies; 

  

	 	•	 	 developing the strategies and objectives for developing alternative curriculum products, and determining
strategic decisions on the entry of or exit from certain markets of curriculum products and the detailed action plans; 

  

	 	•	 	 planning detailed strategies on curriculum products and forming strategic decision-making systems relating to
curriculum products; 

  

	 	•	 	 developing detailed plans for the implementation of strategies as well as monitoring and control methodologies
relating to curriculum products; 

  

	 	•	 	 conducting strategic risk analysis of curriculum products and making recommendations for risk prevention.

 Strategic consultation services relating to curriculum products primarily include the following: 

 

	 	•	 	 providing seminars and strategic training on teaching, research and development strategies for senior teaching
and research staff of Service Recipient to enhance the awareness and ability of senior staff’s academic strategic management; 

  

	 	•	 	 assisting Service Recipient in the decomposition of the implementation of product strategies and assisting in the
formulation of Service Recipient’s strategic plans on relevant product divisions based on full understanding of Service Recipient’s product strategies; 

 

	 	•	 	 developing financial budgets for tier 2 entities and functional departments based on the strategic plans of
Service Recipient and its relevant departments, and developing next year’s indicators and detailed implementation plans; 

  

	 	•	 	 assisting Service Recipient in developing the respective product implementation KPIs (Key Performance Indicators)
to ensure the effective implementation of its strategic plans; 

  

	 	•	 	 assisting Service Recipient in organizing consultation meetings on product strategies, including preparation of
meeting logistics and materials, on-site organization and post-meeting follow-up checks; 

  
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	 	•	 	 assisting Service Recipient in the establishment of its product strategy management system, including product
strategy planning process and product strategy implementation process as well as policies and procedures, through consultation meetings on product strategies, to form a complete cycle of product strategy management. 

 

	2.	 Service Fee 

Service Recipient shall pay to Service Provider the service fee (“Service Fee”) (inclusive of all applicable taxes) in
accordance with Schedule 1 for the Services. To facilitate the operation of Service Recipient, in the event that Service Recipient incurs losses, Service Provider may agree to waive the obligations of Service Recipient to pay Service Fee to
Service Provider. 
  

	3.	 Intellectual Property 

All rights and benefits of intellectual property created or derived from the performance of this Agreement, including but without limitation,
copyrights, patents, rights to apply for patents, trademarks, rights to apply for trademarks, software, know-how, technology data and commercial secrets, regardless of whether being developed or created by
Service Provider or/and Service Recipient, shall exclusively and solely belong to Service Provider. 
  

	4.	 Representations and Warranties 

 

	 	4.1	 Service Provider hereby represents and warrants to Service Recipient as follows: 

 

	 	4.1.1	 Service Provider is a limited liability company duly organized and existing under the laws of Hong Kong.

  

	 	4.1.2	 Service Provider has legal rights to execute and perform this Agreement. The execution and the performance of
this Agreement are in compliance with the articles of association or other constitutional documents of Service Provider. Service Provider has obtained all necessary and appropriate approval and authorization to execute and perform this Agreement.

  
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	 	4.1.3	 The execution and the performance of this Agreement by Service Provider will not violate any provisions of laws
and regulations, governmental approvals, authorization, notification, or any other regulatory documents binding or affecting Service Provider, and will not violate its any agreement with or commitment to any third party. 

 

	 	4.1.4	 This Agreement constitutes legal, valid and binding obligations of Service Provider. 

 

	 	4.2	 Service Recipient hereby represents and warrants to Service Provider as follows: 

 

	 	4.2.1	 Service Recipient is a limited liability company duly organized and existing under the laws of PRC.

  

	 	4.2.2	 Service Recipient has legal rights to execute and perform this Agreement. The execution and the performance of
this Agreement are in compliance with the articles of association or other constitutional documents of Service Recipient. Service Recipient has obtained all necessary and appropriate approval and authorization to execute and perform this Agreement.

  

	 	4.2.3	 The are in compliance with and the performance of this Agreement by Service Recipient does not violate any
provisions of laws and regulations, governmental approvals, authorization, notification, or any other regulatory documents binding or affecting Service Recipient, and does not violate its any agreement with or any commitment to any third party.

  

	 	4.2.4	 This Agreement constitutes legal, valid and binding obligations of Service Recipient. 

  
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	5.	 Confidentiality 

The Parties covenant and confirm that any communications and information relating to this Agreement between the Parties orally or in writing
shall be confidential information. Neither Party may disclose any confidential information of the other Party without prior writing consent from the other Party, except that: (a) relevant information has been made public not as a result of the
fault or the disclosure of the information recipient; (b) disclosure is required under applicable laws or regulations or rules of securities regulators; or, (c) information relating to the transactions under this Agreement is disclosed to
the legal or financial advisers of either Party who are bound by the confidentiality obligations similar to the obligations under this provision. Any employees of one Party disclosing any confidential information shall be deemed as the Party
disclosing confidential information and such Party shall be liable for any breach of contract under this Agreement. This Article 5 shall survive the termination of the Agreement. 

 

	6.	 Effectiveness and Term of this Agreement 

This Agreement shall be executed and effective as of the date set forth above in this Agreement. The term of this Agreement shall be five
years. This Agreement shall be renewed automatically for another five years upon expiration unless a Party notifies in writing the other Party of the termination within thirty days prior to the expiration. This Agreement may be terminated in advance
through friendly consultations by the Parties. 
  

	7.	 Indemnification 

Service Recipient shall indemnify Service Provider for any liability arising from services provided by Service Provider in accordance with this
Agreement or the requirements of Service Recipient, including but not limited to, any damages or losses due to litigation, accusation, arbitration or petition instituted by any third party, or, any administration investigation or penalty or
sanction. Notwithstanding the foregoing, Service Recipient will not indemnify Service Provider for any damages or losses resulting from Service Provider’s willful misconduct or gross negligence. 

  
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	8.	 Governing Laws and Disputes Settlement 

 

	 	8.1.	 The conclusion, effectiveness, interpretation, performance, modification and termination of this Agreement and
the settlement of disputes under this Agreement shall be governed by and interpreted in accordance with PRC laws. 

  

	 	8.2.	 The Parties shall strive to settle any dispute arising from or in connection with this Agreement through
friendly consultations. In the event that no settlement can be reached through consultations within 30 days of the date of notification requesting such consultation given by one Party to the other Party, such dispute shall be submitted to China
International Economic and Trade Arbitration Commission, Beijing Headquarter (“CIETAC”) for arbitration. The arbitration proceedings shall be conducted in Beijing in [Chinese] pursuant to CIETAC’s then effective arbitration
rules. The arbitration tribunal shall consist of three arbitrators. The applicant(s), on one hand, and the respondent(s), on the other hand, shall each designate an arbitrator, and the Parties shall jointly designate the third arbitrator. The
arbitral award shall be final and binding upon the Parties. 

  

	 	8.3.	 During the period when a dispute is being resolved, the Parties shall continue to perform this Agreement in all
respects other than the issue(s) under dispute. 

  

	9.	 Payment 

Unless otherwise expressly stated, each payment to be made to the Service Provider under this Agreement shall be made in the People’s
Republic of China RMB Yuan. Service Recipient shall transfer the relevant amount into the relevant account on the date the payment is due for value and in immediately available funds. The account for the payment is: 

Account Name: RISE EDUCATION INTERNATIONAL LTD 

Bank Address: HONG KONG 1 QUEENS ROAD CENTRAL 

Account Number: 848-583373-274 

Swift Code: HSBCHKHH 

  
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 Payment under this Agreement may be made to such other account as the Service Provider
shall, not less than three business days before the date that payment is due, have specified by giving notice to Service Recipient for the purpose of that payment. 
  

	10.	 Notice 

Notices, claims, certificates, requests, requirements and all other communications permitted or required to be given under this Agreement shall
be in writing and shall be delivered to the other Party by hand delivery, fax, or, normal postage prepaid mails; if delivered by hand delivery, the time of actual delivery shall be deemed as “delivery”; if through fax, the date of
receiving the confirmation of fax delivery shall be deemed as “delivery”; if through normal postage prepaid mails, notices, claims, certificates, requests, requirements and all other communications permitted or required to be given under
this Agreement shall be deemed to have been delivered on the fifth day after dispatch of the mail; Each Party’s address for delivery is as follows: 

If to Service Provider: Rise Education International Limited 

Address: 21/F, CHINACHEM TOWER, 34-37 CONNAUGHT ROAD CENTRAL, HK 

Attention: Sun Yi Ding 
 If to
Service Recipient: Rise (Tianjin) Education Information Consulting Company Limited 
 Address: Room C209, C210, C213, C214,
C217, C218, 2/F, Building 1, NO.8 Huanhe West Road, Airport Economic Zone, Tianjin, PRC 
 Attention: Sun Yi Ding 

 

	11.	 Others 

  

	 	11.1	 Neither Party has the right to assign the rights and obligations arising from this Agreement without prior
written consent of the other Party. 

  
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	 	11.2	 The conclusion and the performance of this Agreement shall not be deemed as the relationship of joint venture
or partnership between the Parties or cause one Party to be liable for the other Party’s action or omission, or cause one Party to become the agent for the other Party. Neither Party has the right to represent the other Party as its agent, or
act in the name of the other Party, or bind the other Party through other methods beyond this Agreement. 

  

	 	11.3	 If any provision of this Agreement is held invalid or unenforceable, then such provision shall (so far as it is
invalid or unenforceable) be given no effect and shall be deemed not to be included in this Agreement without invalidating any of the remaining provisions of this Agreement. The Parties shall then use all reasonable endeavors to replace the invalid
or unenforceable provisions by a valid and enforceable substitute provision, the effect of which is as close as possible to the intended effect of the invalid or unenforceable provision. 

 

	 	11.4	 Notwithstanding anything contained herein, this Agreement may not be amended or modified unless agreed by both
Parties in writing. 

  

	 	11.5	 This Agreement is written in English and signed in two (2) original copies and each Party hereto shall
hold one original copy. Both original copies shall have the same legal effect. However, it is understood that a Chinese version of this Agreement shall be executed for the purpose of tax and foreign exchange clearance. Both this Agreement and that
Chinese version agreement are valid and binding upon each Party hereto and thereto. In the case of any conflicts between this Agreement and that Chinese version, this Agreement shall prevail. 

[The remainder of this page is intentionally left blank.] 

  
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 This Agreement is entered into by the duly authorized representatives of the Parties as of
the date set forth above. Each Party shall be bound by this Agreement. 
  

			
	Rise Education International Limited] (Seal)
		
	By:	 	 /s/ Sun Yi Ding

	Name:	 	Sun Yi Ding
	Title:	 	Director

  

			
	Rise (Tianjin) Education Information Consulting Company Limited (Seal)
		
	By:	 	 /s/ Sun Yi Ding

	Name:	 	Sun Yi Ding
	Title:	 	Legal Representative

 Signature Page of the Consulting Agreement between WFOE and HK Co. 

  
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 SCHEDULE 1 

Service Fees 
 During the term of this
Agreement, Service Recipient shall pay to Service Provider the Service Fee on a quarterly basis. The amount of the Service Fee shall be the sum of Service Provider’s actual cost incurred for providing the Services described in this Agreement
plus a mark-up at a percentage as agreed upon between both Parties and confirmed by a letter of confirmation substantially in the form attached hereto. 

Service Recipient shall pay the Service Fee in accordance with the written payment instructions of Service Provider. 

  
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 Annex 1 – Form of the Letter of Confirmation on the Amount of Service Fee 

Letter of Confirmation on the Amount of Service Fee 

Reference is made to the Consulting Service Agreement (the “Agreement”), dated as of June 28, 2019, by and between Rise
Education International Limited (“Service Provider”) and Rise (Tianjin) Education Information Consulting Company Limited (“Service Recipient”). 

Pursuant to Section 2 and Schedule 1 of the Agreement, Service Provider and Service Recipient agree that the
amount of the Service Fee for the [●] quarter of 20[●] shall be the sum of Service Provider’s actual cost incurred during the quarter plus a mark-up of [●]%. Such Service Fee shall
amount to RMB[●]. 
 The above-referenced Service Fee shall be paid by Service Recipient to the account designated by Service Provider
not later than [Date] in accordance with the written payment instructions of Service Provider. 
  

					
	Rise Education International Limited	  		  	Rise (Tianjin) Education Information Consulting Company Limited
	  
	  		  	  

	Name:	  		  	Name:
	Title:	  		  	Title:

 Date: 

  
 12EX-4.18

 Exhibit 4.18 

SERVICE AGREEMENT 
 This
Service Agreement (this “Agreement”) is entered into as of June 28, 2019 in Beijing, China, by and between: 
 Party
A: Rise (Tianjin) Education Information Consulting Co., Ltd. (“Service Provider”) 
 Mailing address: Room C209, C210,
C213, C214, C217 and C218, 2/F, Building 1, No.8 Huanhe West Road, Airport Economic Zone, Tianjin, China 
 Party B: Beijing Step Ahead
Education Technology Development Co., Ltd. (“Service Recipient”) 
 Mailing address: No.
C01-1, 4/F, 42 Beiyuan Road, Chaoyang District, Beijing, China 
 Whereas: 

 

	 	1.	 Service Provider is a company with adequate financial and other resources in the field of English
teaching and training for children, capable of providing valuable and sophisticated educational services solutions to educational institutions and teachers; 

  

	 	2.	 Service Recipient engages in the field of English teaching and training for children. Service Recipient
agrees to accept Service Provider’s services as specified in this Agreement and utilize Service Provider’s resources to provide services to relevant education and training institutions; 

 

	 	3.	 Service Recipient, as the licensor, has entered into franchise agreements with third-party cooperative
learning centers (“Cooperative Learning Centers”) as the licensees, and hereby collects franchise fee (“Franchise Fee”) from Cooperative Learning Centers. 

This Agreement is entered into by and between Service Provider and Service Recipient (each a “Party” and collectively, the
“Parties”) upon mutual consultation to promote the development of education and training and cultivate talents for the society. 
  

	1.	 Scope of Services 

Service Provider shall provide the following services (the “Services”) to Service Recipient: 

 

	 	(1)	 Teaching Plan System Services 

Service Provider shall develop and provide to Service Recipient teaching plan systems, including, among other things, teaching skills,
techniques, operation guidance and codes of conduct used in the teaching process; 

  
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	 	(2)	 Continuous Research, Development, Implementation and Support Services in Respect of Intangible Assets

 Service Provider shall provide guidance to Service Recipient on the teaching plans, courseware or other teaching
materials that Service Recipient has legal rights to use in the teaching and training process; 
  

	 	(3)	 License of Business Management System Software 

Service Provider shall grant Service Recipient the rights to use the business management system software developed by Service Provider for the
management of student and teacher resources. Service Recipient may sub-license such rights to Cooperative Learning Centers. 
  

	 	(4)	 Sales of Teaching Materials 

Service Provider shall provide Service Recipient with textbooks and other training materials (“Teaching Materials”). Service
Provider hereby authorizes Service Recipient to collect from Cooperative Learning Centers fees and costs for Teaching Materials, which shall then be paid to Service Provider. 
  

	2.	 Non-exclusivity 

The provision of the Services under this Agreement is non-exclusive. Service Provider may use the
Services by itself or provide similar services to any other third party within the area where Service Recipient operates or other areas. 
  

	3.	 Assignment 

Unless otherwise provided herein, Service Recipient shall not assign or transfer any rights or obligations hereunder to any third party without
the prior written consent of Service Provider. Service Provider may assign or transfer its rights and obligations hereunder to any third party in connection with, among other things, equity restructuring or business restructuring, without the
consent of Service Recipient. 
  

	4.	 Service Fees 

  

	 	(1)	 Amount of Service Fees 

 

	 	a)	 Service Fee for Teaching Plan System Services 

Service fee for teaching plan system services, as part of the Franchise Fee charged by Service Recipient to Cooperative Learning Centers,
amounts to two percent (2%) of the tuition fees collected by Cooperative Learning Centers from their students; 

  
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	 	b)	 Service Fee for Continuous Research, Development, Implementation and Support Services in Respect of Intangible
Assets 

 Service fee for continuous research, development, implementation and support services in respect of intangible
assets, as part of the Franchise Fee charged by Service Recipient to Cooperative Learning Centers, amounts to one percent (1%) of the tuition fees collected by Cooperative Learning Centers from their students. 

 

	 	c)	 Royalties for Business Management System Software 

Royalties for business management system software, as part of the Franchise Fee charged by Service Recipient to Cooperative Learning Centers,
amount to three percent (3%) of the tuition fees collected by Cooperative Learning Centers from their students. Service Provider may, in its sole discretion, waive the royalties for business management system software, provided that such waiver by
Service Provider on one or more occasions does not affect Service Provider’s right to collect such royalties in the future; 
  

	 	d)	 Fees and Costs for Teaching Materials 

Fees and costs for Teaching Materials are calculated at eighty percent (80%) of the prices of Teaching Materials, multiplied by the number of
the students enrolled in Cooperative Learning Centers. Service Recipient shall make onward payment of such fees and costs to Service Provider upon its collection thereof on behalf of Service Provider, and Service Provider shall issue invoices for
fees and costs for Teaching Materials to the Cooperative Learning Centers. 
  

	 	(2)	 Payment of Service Fees 

Service Recipient shall pay Service Provider service fees for teaching plan system services, continuous research, development, implementation
and support services in respect of intangible assets, royalties for business management system software and fees and costs for Teaching Materials (collectively, “Service Fees”) within ten (10) business days after Service
Provider dispatches Teaching Materials to the self-owned learning centers upon the instructions by Service Recipient. 
 To facilitate the
operation of Service Recipient, in the event that Service Recipient incurs losses, Service Provider may agree to waive the obligations of Service Recipient to pay Service Fees to Service Provider. 

 

	5.	 Payment Methods 

Service Recipient shall make the payment of Service Fees through bank remittance or other payment methods to the following account designated
by Service Provider: 
 Account Name: Rise (Tianjin) Education Information Consulting Co., Ltd. 

Account Bank: China CITIC Bank (Beijing Shijingshan Sub-branch) 

Account Number: 7117410182600004703 

  
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	6.	 Intellectual Property 

All the legal rights in respect of the Services shall be owned by Service Provider. Service Recipient does not obtain any intellectual property
rights in respect of the Services by entering into this Agreement. All the intellectual property rights created or derived from the provision of the Services, including but without limitation, copyrights, patents, patent applications, trademarks,
trademark applications, software, know-how, technology data and commercial secrets, regardless of whether being developed or created by Service Provider or Service Recipient, shall be exclusively and solely
owned by Service Provider. 
  

	7.	 Representations and Warranties 

 

	 	(1)	 Service Provider hereby represents and warrants to Service Recipient as follows: 

 

	 	(a)	 Service Provider is a limited liability company duly organized and existing under the laws of China.

  

	 	(b)	 Service Provider has legal rights to execute and perform this Agreement. The execution and performance of this
Agreement does not contravene the articles of association or other constitutional documents of Service Provider. Service Provider has obtained all necessary and appropriate approvals and authorizations to execute and perform this Agreement.

  

	 	(c)	 The execution and performance of this Agreement by Service Provider will not violate any provisions of laws and
regulations, governmental approvals, authorizations, notifications, or any other regulatory documents binding or affecting Service Provider, and will not violate any of its agreements with, or commitments to, any third party. 

 

	 	(d)	 This Agreement constitutes legal, valid and enforceable obligations of Service Provider. 

 

	 	(2)	 Service Recipient hereby represents and warrants to Service Provider as follows: 

 

	 	(a)	 Service Recipient is a limited liability company duly organized and existing under the laws of China.

  

	 	(b)	 Service Recipient has legal rights to execute and perform this Agreement. The execution and performance of this
Agreement does not contravene the articles of association or other constitutional documents of Service Recipient. Service Recipient has obtained all necessary and appropriate approvals and authorizations to execute and perform this Agreement.

  

	 	(c)	 The execution and performance of this Agreement by Service Recipient will not violate any provisions of laws
and regulations, governmental approvals, authorizations, notifications, or any other regulatory documents binding or affecting Service Recipient, and will not violate any of its agreements with, or commitments to, any third party.

  
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	 	(d)	 This Agreement constitutes legal, valid and enforceable obligations of Service Recipient.

  

	8.	 Confidentiality 

The Parties covenant and confirm that any verbal communications, written documents or electronic information (including but not limited to
software codes and any contents contained in the software) relating to this Agreement between the Parties shall be confidential information. Neither Party may disclose any confidential information of the other Party without prior written consent
from the other Party, except that: (1) relevant information has been made public not as a result of any fault or disclosure by the information recipient; (2) such disclosure is required under applicable laws or regulations or rules of
securities exchanges. Any employees of one Party disclosing any confidential information shall be deemed as the Party disclosing confidential information and such Party shall be liable therefor under this Agreement. This clause shall survive the
termination of this Agreement. 
  

	9.	 Events of Default 

Failure by a Party to perform its obligations under this Agreement or any non-compliance of its
performance of obligations with this Agreement or any of its representations and warranties under this Agreement being materially untrue or inaccurate shall constitute an event of default. The defaulting Party shall indemnify the non-defaulting
Party for all the direct and indirect losses arising from its default. Notwithstanding the foregoing, upon any delay by Service Recipient in its payment of any Service Fees to Service Provider, for each day of delay in such payment, Service
Recipient must pay Service Provider liquidated damages at 0.5 percent (0.5%) of the Service Fees that are due and unpaid. In the event that such delay in payment is more than fifteen (15) days, Service Provider may terminate this
Agreement. Service Recipient shall be liable for indemnifying Service Provider in full for the losses it incurred therefrom. 
 Either
Party’s failure to exercise the right to claim liquidated damages or indemnification for losses against the other Party shall not be deemed as a waiver of such right. 
  

	10.	 Termination 

This Agreement shall be terminated upon the occurrence of any of the following: 

 

	 	(1)	 The validity period of this Agreement expires and the Parties fail to reach an agreement on renewal;

  

	 	(2)	 The Parties mutually agree to terminate this Agreement; or 

 

	 	(3)	 Service Provider exercises the right to terminate this Agreement upon a default by Service Recipient.

  
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 If this Agreement is terminated by Service Provider upon a default by Service Recipient,
Service Provider will not refund the prepaid Service Fees to Service Recipient. 
  

	11.	 Notice 

Any written notice sent by registered or express mail shall be deemed being delivered three (3) business days after the date on which the
mail is dispatched (evidenced by the postmark) unless the address on the mailing slip is different from the address specified in this Agreement. Any written notice sent by facsimile shall be deemed being delivered when the receipt is confirmed. 

In addition, Service Provider may send any notice by email to the email address provided by Service Recipient in this Agreement, and the notice
shall be deemed as being delivered when such email is successfully sent. 
 The address of each Party for notice purposes shall be as
follows: 
 Service Provider: Rise (Tianjin) Education Information Consulting Co., Ltd. 

Address: Room C209, C210, C213, C214, C217 and C218, 2/F, Building 1, No.8 Huanhe West Road, Airport Economic Zone, Tianjin, China 

Service Recipient: Beijing Step Ahead Education Technology Development Co., Ltd. 

Address: No. C01-1, 4/F, 42 Beiyuan Road, Chaoyang District, Beijing, China 

 

	12.	 Dispute Resolution and Governing Law 

The Parties shall seek to resolve all the disputes arising from or in connection with this Agreement through friendly consultation. In the
event that any dispute cannot be resolved through such consultation, such dispute shall be submitted to the Beijing Arbitration Commission (“BAC”) for arbitration pursuant to the then effective arbitration procedures and rules of
BAC. The arbitral award shall be final and binding upon the Parties. 
  

	13.	 Renewal 

This Agreement shall be effective as of the date set forth above in this Agreement. The term of this Agreement shall be five (5) years.
This Agreement shall be renewed automatically for another five (5) years upon the expiration unless the Parties confirm, in writing, the termination of this Agreement. 
  

	14.	 Miscellaneous 

 

	 	(1)	 This Agreement is executed in two (2) original copies and each Party shall hold one original copy. Both
original copies shall have the same legal effect. 

  

	 	(2)	 This Agreement shall become effective upon being affixed with both Parties’ corporate seals.

 [The remainder of this page is left blank] 

  
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 IN WITNESS WHEREOF, the Parties hereto have caused this Agreement to be executed as of the
date first above written. 
  

			
	Party A: Rise (Tianjin) Education Information Consulting Co., Ltd. 	  	
		
	 (Corporate Seal)
	  	

  

			
	Party B: Beijing Step Ahead Education Technology Development Co., Ltd.	  	
		
	 (Corporate Seal)
	  	

  
 7

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