Document:

Mortgage Contract, dated March 28, 2012

 Exhibit 4.29 
 MORTGAGE CONTRACT 

 Contract No.: 127093992012001 
 Mortgagor (Party A): Vimicro Electronics Corporation 
 Address: 11/F, Ronghui Tower, No. 58
Dongting Road, Tianjin Economic and Technological Development Zone 
 Postal Code: 300457 

Legal Representative (Principal): Deng Zhonghan 

Fax:
59861000                            Tel.: 59861000 
 Mortgagee (Party B): China Construction Bank Tianjin Development Zone Branch 
 Address: E3AB,
Binhai Financial Street, No. 20 Guangchang East Road, Tianjin Development Zone Branch 
 Postal Code: 300457 

Principal: Zhang Zhe 
 Fax:
66280947                            Tel.: 66280915 

 In order to secure the performance of Fixed Assets Loan Contract (Contract
No. 127093992012001) (the “Principal Contract”) entered into by Vimicro Electronics Corporation (the “Debtor”) and Party B, and to secure the realization of Party B’s creditor’s rights, Party A has
agreed to create a mortgage (this “Mortgage”) to secure all the debts incurred between the Debtor and Party B under the Principal Contract. In accordance with the relevant laws and regulations, Party A and Party B have entered into
this Contract after consultation for mutual compliance. 
  

	1.	MORTGAGED PROPERTIES 

 1.
Party A shall create this Mortgage over the properties set out in the “List of Mortgaged Properties” (the “Mortgaged Properties”). 
 2. In case the ownership certificate or other title document of the Mortgaged Properties is reissued/renewed, Party A shall not refuse to fulfill its duties and obligations under this Mortgage on the
grounds that, details of the Mortgaged Properties recorded on the reissued/renewed ownership certificate or other title documents or on the registration book maintained by the registration authority are inconsistent with those set out in the
“List of Mortgaged Properties”, or Certificate of Other Rights (mortgage right) or other mortgage certificates kept by Party B. 
 3. Unless otherwise agreed by the Parties or stipulated under the applicable laws, any objects newly added onto the Mortgaged Properties by attachment, mix-up, processing, conversion or alteration shall
be deemed to be a part of the Mortgaged Properties. Party A shall complete the required registration of these newly added objects upon Party B’s request. 
 4. If the value of the Mortgaged Properties has decreased or may possibly decrease, which may prejudice Party B’s creditor’s rights, Party A shall provide new security upon Party B’s
request. 
  

	2.	SECURED INDEBTEDNESS 

 The
secured indebtedness hereunder shall cover item (i) of the following (the “Secured Indebtedness”): 

1. all payment obligations of the Debtor under the Principal Contract, including without limitation to the principal, interest accrued
thereon (including compound and default interest), liquidated damages, compensation, other amounts payable by the Debtor to Party B (including without limitation to the expenses such as the formality fees, telecommunication fees, miscellaneous fees,
and the bank charges that the overseas beneficiary refuses to pay), as well as all costs and expenses that Party B may incur in connection with the realization of its creditor’s rights and security interests, including without limitation to any
fees relating to litigation, arbitration, property preservation, travel and accommodation, enforcement, appraisal and evaluation, auction, notarization, service of documentation, public announcements and attorney’s fees; or 

2. the principal of Blank [currency] Blank [amount (in words)] and the interest accrued thereon (including compound and
default interest) under the Principal Contract, liquidated damages, compensation, other amounts payable by the Debtor to Party B (including without limitation to the expenses such as the formality fees, telecommunication fees, miscellaneous fees,
and the bank charges that the overseas beneficiary refuses to pay), as well as all costs and expenses that Party B may incur in connection with the realization of its creditor’s rights and security interests, including without limitation to any
fees relating to litigation, arbitration, property preservation, travel and accommodation, enforcement, appraisal and evaluation, auction, notarization, service of documentation, public announcements and attorney’s fees. 

 

	3.	REGISTRATION OF MORTGAGED PROPERTIES 

 The Parties shall complete the registration of the Mortgaged Properties with the competent registration authority within ten working days after the execution of this Contract. On the date of the
completion of the registration, Party A shall deliver to Party B all the originals of the Certificate of Other Rights, the mortgage registration documents and other title documents. 

  
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	4.	AMENDMENT TO THE PRINCIPAL CONTRACT 

 1. If Party B and the Debtor agree to amend any provisions under the Principal Contract in relation to, including without limitation to, repayment currency, repayment method, loan account, repayment
account, loan plan, repayment plan, interest commencement date, interest settlement date, commencement date or maturity date of the indebtedness under the Principal Contract without extending the term of such indebtedness, Party A agrees to remain
liable for the indebtedness under such amended Principal Contract. 
 If Party B and the Debtor agree to extend the term of such
indebtedness or increase the principal amount without Party A’s prior consent, Party A shall only remain liable for the indebtedness under the Principal Contract before amended in accordance with this Contract. 

2. Party A’s liability hereunder shall not be reduced or discharged upon occurrence of any of the following events: 

(i) any restructuring, merger, consolidation, division, capital increase/decrease, joint venture or joint operation, change of name etc.
of Party B or the Debtor; or 
 (ii) any delegation to a third party by Party B to perform Party B’s obligations under the
Principal Contract. 
 3. Where the creditor’s rights under the Principal Contract are transferred to a third party, Party
A shall assist Party B and such third party on the registration of such change as required under the applicable laws. 
 4. If
the assignment or transfer of the creditor’s rights or debts under the Principal Contract becomes ineffective or invalid, or is revoked or cancelled, Party A shall remain liable to Party B in accordance with this Contract. 

 

	5.	POSSESSION AND CUSTODY OF THE MORTGAGED PROPERTIES 

 1. Party A shall duly possess, take good care and custody of, reasonably utilize and maintain the Mortgaged Properties in good condition, and pay any and all relevant taxes and charges imposed on the
Mortgaged Properties in a timely manner. Party B is entitled to inspect the Mortgaged Properties and may request Party A to deliver the originals of the ownership or other title certificates of the Mortgaged Properties to Party B for custody.

 2. If Party A entrusts or gives consent to a third party to possess, take care and custody of and/or utilize the Mortgaged
Properties, it shall notify such third party of the existence of this Mortgage and Party B’s security interests herein, and shall request such third party to maintain the Mortgaged Properties in good condition, to permit Party B to inspect the
Mortgaged Properties and not to hinder Party B from realizing its security interests under this Mortgage. Notwithstanding any provision in this Article 5.2, Party A shall not be released from its obligations under Article 5.1 and shall be held
responsible for such third party’s acts. 
 3. If the Mortgaged Properties cause injuries to any person or damage to any
property, Party A shall be solely liable for any and all consequences arising therefrom. If a claim has been raised against Party B as a result of the abovementioned injury or damage, which results in Party B being held liable or paying any damages
or compensations, Party B is entitled to request Party A for full indemnification. 
  

	6.	INSURANCE ON MORTGAGED PROPERTIES 

 1. Unless otherwise agreed by the Parties, Party A shall insure the Mortgaged Properties in accordance with the applicable laws and Party B’s requirements on insurance type, term and amount to be
insured. The insurer shall have the required statutory qualifications and a good market reputation. 
 2. The contents of the
insurance policy shall satisfy the requirements of Party B and contain no restrictive conditions which may adversely affect Party B’s rights and interests. The insurance policy shall specify the following: (i) Party B is the preferred
payee (first beneficiary) of any insurance proceeds payable by the insurer; (ii) no amendment shall be made to the insurance policy without Party B’s prior written consent; and (iii) upon occurrence of any insured event, the insurer
shall pay the insurance compensation payable upon such occasion directly into the account designated by Party B. If the Mortgaged Properties are covered by an existing insurance on the execution date of this Contract but the insurance policy does
not contain those details required by Party B as set forth in this Article 6.2, Party A shall cause the insurance policy to be amended or annotated correspondingly. 

  
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 3. Party A shall ensure that the insurance remains valid at all times and shall not cause
the insurance to be discontinued, revoked, invalidated, or cause the insurer’s obligations to be reduced or waived, nor make any amendments to the insurance policy without Party B’s prior consent. If any of the creditor’s rights
secured by Party A remains outstanding upon the expiration of the insurance, Party A shall renew the insurance for an extended period correspondingly. 
 4. Party A shall deliver the original insurance policy of the Mortgaged Properties to Party B within Blank working days from the execution date of this Contract, or in case of a renewed
insurance policy, from the date of the renewal. In addition, Party A shall deliver to Party B all the documents required for insurance claims or the assignment of the insurance rights and interests. 

5. Party B may at its sole discretion choose to dispose of the insurance compensation in any of the following methods, and Party A shall
assist Party B in facilitating such procedures: 
 (i) with Party B’s consent, to repair the Mortgaged Properties so as to
restore their value; 
 (ii) to repay or early repay the principal amount and the interest accrued under the Principal Contract
and related fees; 
 (iii) to set up a pledge to secure the debts under the Principal Contract; or 

(iv) to be disposed of by Party A at its own discretion, after Party A has provided new security satisfying Party B’s requirements.

  

	7.	RESTRICTIONS ON DISPOSAL OF THE MORTGAGED PROPERTIES BY PARTY A 

 1. Without Party B’s written consent, Party A shall not dispose of the Mortgaged Properties in any manner, including without limitation to, abandonment, lease (including renewal of an expired lease),
endowment, assignment or transfer, using the Mortgaged Properties as capital contribution, offering the Mortgaged Properties as security for any other debts, relocation, and change to public welfare purpose, or accretion to other objects, or
alteration or division. 
 2. Subject to Party B’s written consent, the sales proceeds and other proceeds from Party
A’s disposal of the Mortgaged Properties shall be deposited into the account designated by Party B. Party B shall be entitled to elect any method set forth in Article 6.5 (ii) to (iv) to dispose of the proceeds, and Party A shall
assist Party B with the relevant procedures. 
  

	8.	INTERFERENCE OF THIRD PARTIES 

 1. If the Mortgaged Properties are subject to any requisition or expropriation, or are demolished, confiscated, retaken without compensation by the government, or are seized, impounded, frozen,
controlled, taken lien, auctioned, dispossessed by force, destroyed or otherwise disposed of by a third party, Party A shall promptly notify Party B thereof and take measures in a timely manner to curb, preclude or remedy the circumstances so as to
prevent the damage from escalating. Upon Party B’s request, Party A shall provide new security satisfying Party B’s requirements. 
 2. After occurrence of any of the events stipulated in Article 8.1, any residual portion of the Mortgaged Properties shall remain as collateral under this Contract. Compensation proceeds received in
connection with events set forth in Article 8.1 shall be deposited into the account designated by Party B. Party B shall be entitled to elect any method set out in Article 6.5 (i) to (iv) to dispose of the compensation proceeds, and Party
A shall assist Party B with the relevant procedures. 

  
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	9.	REALIZATION OF SECURITY RIGHTS 

 1. If the Debtor fails to repay any amount in full upon maturity date or upon such accelerated maturity date in accordance with the Principal Contract, or commits any other breach under the Principal
Contract, Party B is entitled to dispose of the Mortgaged Properties at its discretion. 
 2. The value of the Mortgaged
Properties stipulated in the “List of Mortgaged Properties” or as otherwise agreed by the Parties (the “Interim Value”), irrespective whether recorded in the registration authority’s registration book, shall not be
deemed as the definitive value of the Mortgaged Properties. The definitive value thereof shall be the net proceeds from Party B’s disposal of the Mortgaged Properties after deducting all taxes, fees and expenses. 

If the Mortgaged Properties are used to offset the Secured Indebtedness, the Interim Value shall not be used as the basis for making the
offset. The value of the Mortgaged Properties shall ultimately be agreed and determined by the Parties through consultation or by a fair and equitable evaluation conducted in accordance with applicable laws. 

3. The proceeds from Party B’s disposal of the Mortgaged Properties, after deducting all costs and expenses incurred during the sale
or auction thereof (including without limitation to the fees for custody, evaluation, auction, title transfer, taxation, and government levies for the granting of state-owned land use rights ) shall be used first to pay off the debts under the
Principal Contract. The remaining proceeds shall be returned to Party A. 
 4. If Party A and the Debtor are the same
entity/person, Party B may choose to enforce its creditor’s rights against Party A’s properties other than the Mortgaged Properties without having to waive its mortgagee’s rights or to dispose of the Mortgaged Properties in the first
place hereunder. 
 5. Party A shall not interfere in any manner (including any act or omission) with the realization by Party B
of its security rights under this Contract. 
 6. No matter whether Party B has any other security for the creditor’s
rights under the Principal Contract (including without limitation to guarantee, mortgage, pledge, letter of guarantee, standby letter of credit or any other securities), no matter when the aforesaid other security is established or whether it is
effective, or whether Party B has made claims against any other security provider, or whether a third party agrees to perform the whole or part of the obligations under the Principal Contract, or whether the other security is provided by the Debtor
itself, Party A’s obligations for security under this Contract shall not be reduced or exempted. Party A hereby waives any objection if Party B directly demands Party A to fulfill its obligations within the scope of Secured Indebtedness
stipulated in this Contract. 
 7. If Party A is liable only for part of the debts under the Principal Contract, Party A
undertakes to still remain liable for the outstanding debts within the scope of Secured Indebtedness stipulated in this Contract even if any part of the debts thereunder has been discharged as a result of the Debtor’s repayments, or Party
B’s realizing other security rights, or any other reason. 
 8. If Party A is liable only for part of the debts under the
Principal Contract and if any part of debts thereunder remains outstanding after Party A has performed its obligations under this Contract, Party A undertakes that it shall not harm Party B’s interests during its exercise (including exercise in
advance) of the subrogation right or recovery right against the Debtor or other security providers. Party A further agrees that the realization of Party A’s subrogation right or recovery right shall be subordinated to the repayment of debts
under the Principal Contract. 
 In particular, prior to the full repayment of debts under the Principal Contract: 

(i) Party A agrees not to claim subrogation right or recovery right against the Debtor or other security provider. If Party A has
realized such right for any reason, any proceeds so recovered shall take the priority to repay the outstanding debts owed to Party B under the Principal Contract; 

  
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 (ii) If there exists any security for the indebtedness under the Principal Contract, Party A
agrees not to claim any rights to such collateral or the proceeds obtained from the disposal thereof on the grounds of subrogation right or for any other reason. Such collateral or the proceeds shall be first used to repay outstanding debts owed to
Party B under the Principal Contract; 
 (iii) If the Debtor or any other security provider provides any counter-security in
favor of Party A, the proceeds obtained from such counter-security shall be first used to repay the outstanding debt owed to Party B under the Principal Contract. 
 9. If the Principal Contract is null and void, becomes ineffective, invalid, partially invalid, or is cancelled or terminated, and in addition, if Party A and the Debtor are not the same entity/person,
Party A shall, together with the Debtor, be jointly and severally liable within the scope of Secured Indebtedness for the debts incurred by the Debtor arising from returning properties or making compensation payments. 

10. Party A is fully aware of the risk of interest rate fluctuation. In the event that the interest, the default interest or the compound
interest payable by the Debtor is increased due to Party B’s adjustment of interest rate, method of interest calculation or settlement in accordance with the Principal Contract or the interest rate policy promulgated by the governmental
authority, Party A shall remain liable for such increased portion. 
 11. If the Debtor owes Party B any other due and payable
debts in addition to the debts under the Principal Contract, Party B is entitled to transfer amounts in RMB or other currency from the Debtor’s account at China Construction Bank and may choose to repay any of the due and payable debts. Party
A’s obligations hereunder shall not be reduced or discharged in any way. 
  

	10.	EVENTS OF DEFAULT 

 1.
Party A’s Events of Default: 
 (i) If Party A violates any provisions hereunder, or any of the representations and
warranties it has made proves to be false, incorrect or omitted, Party B is entitled to take any one or more of the following actions: 
 1) requesting Party A to cure the breach within the prescribed period; 
 2)
requesting Party A to provide new security; 
 3) requesting Party A to compensate Party B for the losses suffered; 

4) disposing of the Mortgaged Properties; 
 5) other remedial measures available under the applicable laws. 
 (ii) Party B is
entitled to elect any of the methods agreed in (ii) to (iv) of Article 6.5 hereto to apply the sales proceeds from disposal of the Mortgaged Properties, and Party A shall assist Party B with the relevant procedures. 

(iii) If for any reason attributed to Party A, this Mortgage has not been effected, or the value of the Mortgaged Properties decreases,
or Party B fails to realize its rights hereunder in a timely manner or to the full extent, and if Party A and the Debtor are not the same entity/person, Party B is entitled to hold Party A and the Debtor jointly and severally liable within the scope
of the Secured Indebtedness for the debts under the Principal Contract. 
 2. Party B’s Events of Default: 

If Party B loses the ownership/title certificates of the Mortgaged Properties delivered by Party A in fault, or fails to return the
ownership/title certificates in a timely manner after the debts under the Principal Contract have been paid off in full or fails to assist Party A upon Party A’s request to deregister this Mortgage with the relevant registration authority in
accordance with the applicable laws, Party A is entitled to take any or more of the following actions: 
 (i) To request Party B
to bear the costs of Party A to obtain new ownership/title certificates of the Mortgaged Properties; 

  
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 (ii) To request Party B to return the ownership/title certificates of the Mortgaged
Properties within a prescribed period, or assist Party A in processing the cancellation of the mortgage registration. 
  

	11.	MISCELLANEOUS 

 1. Cost
Allocation 
 Unless otherwise agreed by the Parties, all the expenses in connection with this Contract or the Mortgaged
Properties hereunder (including without limitation to the expenses in connection with possession, management, disposal, registration, notarization, insurance, transportation, storage, custody, valuation/appraisal, repair, maintenance, auction and
title transfer) shall be borne by Party A. 
 2. Transfer of Amounts Payable 

Party B is entitled to transfer, without prior notice to Party A, any amounts payable by Party A hereunder in RMB or other currency from
the bank account of Party A at China Construction Bank. Party A shall assist Party B in completing any procedures required for foreign exchange settlement or sale, and Party A shall bear the risks of exchange rate fluctuation. 

3. Use of Party A’s Information 
 Party A agrees that Party B is entitled to inquire about Party A’s creditworthiness with the credit database or relevant units or departments established and approved by the People’s Bank of
China and the Credit Reference Agency, and that Party B is entitled to provide Party A’s information to such credit database. Party A further agrees that Party B may also reasonably use and disclose Party A’s information for business
purpose. 
 4. Urged Collection by Public Announcement 
 In the event of Party A’s default, Party B is entitled to report the same to the relevant authority and claim repayment by means of public announcement via press. 

5. Party B’s Record as Evidence 
 Unless there is reliable and definitive evidence to the contrary, Party B’s internal records of principal, interest, expenses and repayments, receipts, vouchers made or retained by Party B during the
course of any loan drawing, repayment, interest payment, and records and vouchers relating to urged collections by Party B shall constitute valid evidence of the creditor-debtor relationship under the Principal Contract. Party A shall not raise any
objection merely because the above records, receipts, vouchers are made or retained by Party B. 
 6. No Waivers 

Party B’s rights hereunder shall not prejudice or exclude any other rights Party B is entitled to under applicable laws, regulations
and other contracts. No tolerance, grace period, preferential treatment to the breach or delay, nor any delay in exercising any rights hereunder shall be deemed to constitute a waiver of rights and interests hereunder; nor any permit or recognition
of any breach of this Contract shall restrict, prevent or interfere with Party B’s continuous exercise of such right at a later time or any other right; nor shall the foregoing cause Party B to be liable in any way to Party A. 

If Party B fails to exercise or delays in exercising any rights hereunder, or fails to exhaust the remedies available under the Principal
Contract, Party A’s liability under this Contract shall not be reduced or discharged; provided that, if Party B reduces or waives the debts under the Principal Contract, Party A’s liability hereunder shall be reduced or discharged
correspondingly. 

  
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 7. Party A shall promptly notify Party B in writing in the event of division, dissolution,
bankruptcy, winding-up, deregistration, revocation of business license; or damage to, destruction or infringement of the Mortgaged Properties; or the Mortgaged Properties ceasing to be controlled by Party A as a result of any natural course or a
third party’s acts; or any dispute arising in connection with the ownership of the Mortgaged Properties; or the ownership/title certificates of the Mortgaged Properties being cancelled. 

8. Dissolution or Bankruptcy of the Debtor 
 If Party A is aware that the Debtor is entering into the proceeding of dissolution or bankruptcy, it shall promptly notify and remind Party B to declare creditor’s rights, and shall participate in
the dissolution or bankruptcy proceeding to exercise preventive recourse right. Party A shall be held liable for the losses caused as a result of its failure to timely exercise the preventive recourse right if it is or should be aware of the
Debtor’s entry into the proceeding of dissolution or bankruptcy. 
 Notwithstanding the provisions of the second paragraph
of Article 11.6, if Party B and the Debtor agree on a settlement agreement or a restructuring plan in the process of bankruptcy proceeding, any such settlement agreement or restructuring plan shall not prejudice Party B’s rights hereunder, and
Party A’s liability shall not be reduced or discharged. Party A shall not object to any claims made by Party B hereunder by referring to the settlement agreement or the restructuring plan. Party B is still entitled to demand Party A for
repayment of any outstanding debts in relation to which it may have made concession in the settlement agreement or the restructuring plan. 
 9. Dissolution or Bankruptcy of Party A 
 In the event of dissolution or
bankruptcy of Party A, Party B is entitled to participate in the dissolution or bankruptcy proceeding and declare rights, even if the indebtedness under the Principal Contract is not yet due. 

10. In the event of any change to its address or other contact information, Party A shall promptly notify Party B of such change in
writing. Party A shall be liable for any losses caused by its failure of giving prompt notice of such change. 
 11. Other
Provisions 
 In the event of any change to the items of the registration of the Mortgaged Properties, and that the
alteration registration is required subject to the applicable laws, upon Party B’s demand, Party A shall apply for the alteration registration together with Party B at Party A’s expense. Upon the completion of the project, Party A
undertakes to apply for the official real estate certificate in time, and to assist Party B in renewing the registration of the Mortgaged Properties. The collateral shall cover all the debts of Party B. Party A undertakes that all the properties
(including intellectual property) of the underlying project shall not be mortgaged or pledged to any third party. 
 12.
Dispute Resolution 
 Any dispute arising from the performance of this Contract may be settled by consultation. If the dispute
cannot be resolved through consultation, such dispute shall be resolved in the way of (i). 
  

	(i)	to file a lawsuit with the people’s court within the jurisdiction where Party B is located. 

 

	(ii)	to apply to the [Blank] arbitration commission (place of arbitration shall be [Blank]) for arbitration in accordance with the then prevailing arbitration
rules. The arbitration award shall be final and binding on both Party A and Party B. 

 The undisputed provisions
hereunder shall remain enforceable during the process of litigation or arbitration. 

  
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 13. Effectiveness of this Contract 

This Contract shall become effective upon signing by the legal representative (principal officer) or authorized representative of Party A
(or being affixed with the company chop of Party A); and signing by the principal officer or authorized representative of Party B (or being affixed with the company chop of Party B). 

14. This Contract shall be executed in four copies. 

 

	12.	LIST OF MORTGAGED PROPERTIES 

 The list of mortgaged properties under this Contract is set forth as below: 
  

																			
	 Name of the
 Mortgaged Properties
	  	 Serial No. of

Ownership

Certificate or Other

Title Certificate
	  	 Address/
Location
	  	 Area/ Number
	  	Value of
the
Mortgaged
Properties	 	  	Amounts of
Other
Indebtedness
Secured by
the
Mortgaged
Properties	 	  	Remarks	 
	Land use right and construction in progress of Vimicro Electronics Corporation	  	Kai dan guo yong (2009) No. 086; Construction Permit Certificate No. 1211911201006029	  	Fifth Avenue North of Tianjin Economic and Technological Development Zone	  	 Land area: 34,418.45 square meters;
  

area under construction: 21,635 square meters
	  	 	6353	  	  	 	0	  	  	 	—  	  

  

	13.	REPRESENTATIONS AND WARRANTIES BY PARTY A 

 1. Party A clearly understands the business scope and limit of authorization of Party B. 
 2. Party A has read all the terms of this Contract and the Principal Contract. Party B, upon Party A’s request, has explained the terms under this Contract and the Principal Contract. Party A fully
understands the meanings and corresponding legal consequences of this Contract and the Principal Contract. 
 3. Party A is
qualified to act as a mortgagor, and the security provided hereunder is in accordance with laws, regulations, rules and Party A’s articles of association or other internal constitutional documents, and has been approved by its internal
authority and/or competent state authorities. Party A shall be liable for any and all consequences resulting from its incapability or lack of qualifications or authority to execute this Contract, including without limitation to full compensations
for any and all losses of Party B. 
 4. Party A acknowledges that it fully understands the Debtor’s situation (including
without limitation to its assets, debts, operation, creditworthiness and reputation, and its qualification and authority for the execution of the Principal Contract), as well as all the provisions thereunder. 

5. Party A owns or has the right to dispose of the Mortgaged Properties in accordance with the applicable laws. The Mortgaged Properties
are neither public facilities nor properties prohibited from being sold or transferred. No ownership disputes are subsisting with respect to the Mortgaged Properties. 
 6. The Mortgaged Properties are not co-owned by Party A with others, or if there are other co-owner(s), such co-owner(s) have given their written consent to the grant and creation of this Mortgage.

  
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 7. The Mortgaged Properties are free from any flaw or encumbrance not notified to Party B in
writing, including without limitation to the situations that the transfer of the Mortgaged Properties is restricted; or the Mortgaged Properties have been seized, impounded or subjected to custody of authorities, lease or lien; or there exist unpaid
debts in relation to the Mortgaged Properties, including purchasing price due but unpaid, maintenance expenses, construction costs, tax, premium payments for the granting of state-owned land use rights, or compensation payments etc; or Mortgaged
Properties has been used as security for the benefit of a third party. 
 8. All the data and information pertaining to the
Mortgaged Properties provided by Party A to Party B are authentic, legitimate, accurate and complete. 
 9. The grant of this
Mortgage by Party A does not prejudice any third party’s legal interest or violate any statutory or contractual obligations of Party A. 

Party A (Company Seal): Vimicro Electronics Corporation 
 [Company Seal Affixed] 
 Legal Representative (Principal Officer) or Authorized
Representative (Signature): 
 /s/ Deng Zhonghan 
 Date: 26 March 2012 
 Party B (Company Seal): China Construction Bank Tianjin Development
Zone Branch 
 [Company Seal Affixed] 
 Principal Officer or Authorized Representative (Signature): 
 /s/ Zhang Zhe

 Date: 28 March 2012 

  
 9Guarantee Contract, dated March 28, 2012

 Exhibit 4.30 
 GUARANTEE CONTRACT 

 Contract No.: 127093992012001 
 Guarantor (Party A): Vimicro Corporation 
 Address: 15/F, Shining Tower, No. 35 Xueyuan Road,
Haidian District, Beijing, P.R.C 
 Postal Code: 100191 
 Legal Representative (Principal): Deng Zhonghan 
 Fax: 010-68944075
                                        Tel.:
010-68948888 
 Creditor (Party B): China Construction Bank Tianjin Development Zone Branch 

Address: E3AB, Binhai Financial Street, No. 20 Guangchang East Road, Tianjin Development Zone Branch 

Postal Code: 300457 
 Principal: Zhang Zhe

 Fax: 66280947
                                         
       Tel.: 66280915 

  
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 In order to secure the performance of Fixed Assets Loan Contract (Contract
No. 127093992012001) (the “Principal Contract”) entered into between Vimicro Electronics Corporation (the “Debtor”) and Party B, and the realization of Party B’s creditor’s rights hereunder,
Party A has agreed to guarantee, on a joint and several liability basis, the debts of the Debtor under the Principal Contract. Party A and Party B enter into this Contract through consultation for mutual compliance. 

 

	1.	SCOPE OF GUARANTEE 

 This
Guarantee shall cover item (i) of the following: 
 1. all debts under the Principal Contract, including without
limitation to the principal, interest (including compound interest and penalty interest), liquidated damages, compensations, other amounts payable by the Debtor to Party B (including without limitation to the expenses such as the handling fees,
communication fees, miscellaneous fees and the bank charges that the foreign beneficiary refuses to pay), as well as all costs and expenses that Party B may incur in connection with the exercise of its creditor’s rights and security rights,
(including without limitation to any fees relating to litigation, arbitration, property preservation, travel and accommodation, enforcement, appraisal and evaluation, auction, notarization, service of documentation, announcements, and
attorney’s fees, etc.); or 
 2. the principal of [Currency] Blank [Amount] Blank and (including compound
interest and penalty interest), liquidated damages, compensations, other amounts payable by the Debtor to Party B (including without limitation to the expenses such as the handling fees, communication fees, miscellaneous fees and the bank charges
that the foreign beneficiary refuses to pay), as well as all costs and expenses that Party B may incur in connection with the exercise of its creditor’s rights and security rights( including without limitation to any fees relating to
litigation, arbitration, property preservation, travel and accommodation, enforcement, appraisal and evaluation, auction, notarization, service of documentation, announcements, and attorney’s fees, etc.) under the Principal Contract.

  

	2.	TYPE OF GUARANTEE 

 Party
A’s guarantee liability under this Contract shall be joint and several. 
  

	3.	TERM OF GUARANTEE 

 The
term of this Guarantee hereunder shall be commencing from the effective date of this Contract and ending on the date falling two years after the maturity date of the debt performance under the Principal Contract. If Party A agrees to extend the debt
performance term, the term of guarantee shall accordingly extend to two years after the expiration of such new debt performance term as provided by an extension agreement. If Party B declares an early performance of debts pursuant to the provisions
of Principal Contract, the term of Guarantee shall end at two years after such early debt performance date as declared by Party B. If the debts under the Principle Contract are performed by installments, for each installment of debts, the term of
guarantee shall end at two years after the expiration of debt performance term for the last installment of debts. 
  

	4.	Independence of Guarantee Contract 

 The effectiveness of this Contract is independent from the Principal Contract. If the Principal Contract is not established, becomes ineffective, invalid, partially invalid, or is cancelled or terminated,
the validity of this Contract shall not be affected. If the Principal Contract is affirmed to be non-established, ineffective, invalid, partially invalid or cancelled and terminated, Party A shall remain jointly and severally liable for the
Debtor’s debts arising from the return of properties or the compensation for losses. 
  

	5.	AMENDMENT TO PRINCIPAL CONTRACT 

 1. If Party B and the Debtor reach an agreement to amend the terms of Principal Contract, (including without limitation to the amendment to repayment currency, repayment method, loan account, repayment
account, loan use schedule, repayment schedule, interest commencement date, interest settlement date, and the first date or last date for debt performance term while not being extended), Party A agrees to remain jointly and severally liable for the
debts under the amended Principal Contract. 
 However, if Party B and the Debtor reach an agreement to extend the debt
performance term or increase the principal amount of debts without Party A’s prior consent, Party A shall only be jointly and severally liable for the debts under the Principal Contract before amendment in accordance with the provisions of this
Contract. 

  
 2 

 2. Party A’s guarantee liability shall not be reduced or discharged in case of
occurrence of any of the following situations: 
 (i) Party B or the Debtor is under system reform, consolidation, merger,
division, capital increase/decrease, equity joint venture, joint operation, name alteration, and etc.; 
 (ii) Party B assigns
the performance of its obligations under the Principal Contract to a third party. 
 3. If the transfer of creditor’s
rights or debts under the Principal Contract is ineffective, invalid, cancelled or terminated, Party A shall still take joint and several liabilities for guarantee to Party B in accordance with this Contract. 

 

	6.	LIABILITIES FOR GUARANTEE 

1. If the Debtor fails to fully and timely perform its debts when the debts under the Principal Contract become due or Party B declares
early performance of debts in accordance with the provisions of the Principal Contract or the relevant laws, or the Debtor breaches other provisions of the Principal Contract, Party A shall immediately assume the liabilities for guarantee within the
scope of guarantee. 
 2. No matter whether Party B enjoys any other security for the creditor’s rights under the Principal
Contract (including without limitation to guarantee, mortgage, pledge, letter of guarantee, standby letter of credit or other securities), no matter when such other security is established and whether it is effective, no matter whether Party B make
any claims against other guarantors, no matter whether there is any third party who agrees to assume all or part of the debts under the Principal Contract, and no matter whether other security is provided by the Debtor itself, Party A’s
liabilities for guarantee under this Contract shall not be alleviated or exempted to any extent, and Party B may directly require Party A to assume the liabilities for guarantee within the scope of guarantee pursuant to the provisions of this
Contract, as to which Party A shall not raise any objection. 
 3. If Party A only provides guarantee for part of the debts
under the Principal Contract, Party A agrees that even if the debts under the Principal Contract are partially extinguished as a result of the discharge of debts by the Debtor, the realization of other security rights of Party B or any other
reasons, Party A shall still take the guarantee liabilities for the non-extinguished debts within the scope of guarantee in accordance with the provisions of this Contract. 
 4. If Party A only provides guarantee for part of the debts under the Principal Contract and the debts under the Principal Contract fail to be fully discharged after Party A has performed its liabilities
for guarantee, Party A undertakes that it shall not harm Party B’s interests if it claims for the subrogation right or recovery right against the Debtor or other guarantors (including the pre-exercise thereof), and agrees that the discharge of
debts under the Principal Contract will take priority over the realization of Party A’s subrogation right or recovery right. 
 Specifically, prior to the full realization of Party B’s creditor’s rights: 
 (i) Party A agrees not to claim for subrogation rights or recovery rights against the Debtor or other guarantors; if Party A realize such rights for any reason, the amount obtained as a result of the
realization of such rights shall be used to realize the non-repaid creditor’s rights of Party B in priority; 
 (ii) If
there is real security over the debts under the Principal Contract, Party A agrees not to make any claims against such collateral or the proceeds generated from the disposal thereof with the excuse of exercising subrogation rights or any other
reasons, such collaterals or proceeds shall be used to realize the non-repaid creditor’s rights of Party B in priority; 

(iii) If the Debtor or other guarantor has provided counter-guarantee for Party A, the amount obtained by Party A based on such
counter-guarantee shall be used to realize the non-repaid creditor’s rights of Party B in priority. 
 5. Party A has been
fully aware of the interest rate risks. In the event that the interest, the penalty interest or the compound interest payable by the Debtor is increased due to Party B’s adjustment of interest rates, interest accruement or settlement method in
accordance with the provisions of the Principal Contract or the changes of state policies on interest rate, Party A shall also assume joint and several liabilities for such increment. 

  
 3 

 6. If the Debtor owes Party B any other due debts in addition to the debts under the
Principal Contract, Party B shall be entitled to debit any of the Debtor’s accounts in RMB or other currencies at China Construction Bank to discharge any of the due debts, in which case Party A’s liabilities for guarantee shall not be
alleviated or exempted to any extent. 
  

	7.	OTHER OBLIGATIONS OF PARTY A 

 1. Party A shall supervise the Debtor’s use of loans (including the purposes thereof) and be supervised by Party B in respect of Party A’s capital, properties and operational status, and provide
financial statements and other relevant information, documents, materials as Party B requires, and guarantee the accuracy, truthfulness, completeness and effectiveness thereof; Party A shall not provide any third party with any security beyond its
own capability without the written consent of Party B; 
 2. Party A shall promptly notify Party B in writing and shall, in
accordance with Party B’s requirements, arrange for the undertaking, assignment or succession of the guarantee liabilities hereunder, or provide new security which is accepted by Party B for the performance of the Principal Contract in the
event of contract operation, custody (administration), lease, joint-stock reform, decrease of its registered capital, investment, joint operation, consolidation, mergers, acquisition and restructuring, division, equity joint venture, (being filed
or) filing for winding-up, filing for dissolution, being revoked, (being filed or) filing for bankruptcy, change of controlling shareholders/actual controllers, transfer of material assets, production stoppage, operation suspension, huge penalty
imposed by the competent authority, being cancelled from registration, revocation of business license, involvement in material legal disputes, serious difficulty in production and operation or deterioration of financial position, inability of the
legal representative or the principal in charge to normally perform its duties, or loss or possible loss of ability to provide security due to any reasons; 
 3. In the event of the alteration of any matters of Party A registered with the Administration for Industry and Commerce, such as its name, legal representative (principle officer), residence, business
scope, registered capital or company’s articles of association, Party A shall notify Party B in writing of the same with the relevant altered materials attached within five working days after such alteration. 

 

	8.	MISCELLANEOUS 

  

	 	1.	Transfer of Money Payable 

 Party
B is entitled to transfer, without prior notice to Party A, certain amounts from any bank account of Party A at China Construction Bank in RMB or other currencies to pay all amounts payable under this Contract. Party A shall assist Party B to
complete any procedures for foreign exchange settlement or sale, and Party A shall bear the exchange rate risks. 
  

	 	2.	Use of Party A’s Information 

Party A agrees that Party B is entitled to inquire about Party A’s status of credit to the credit database established under the
approval of the People’s Bank of China and the competent credit reporting authority or the relevant unit or department, and agrees that Party B is entitled to provide Party A’s information for the credit database established under the
approval of the People’s Bank of China and the competent credit reporting authority. Party A further agrees that Party B may reasonably use and disclose Party A’s information for the business purpose. 

 

	 	3.	Announcement to Press for Overdue Debts 

 In the event of Party A’s breach of contract, Party B shall be entitled to report such breach of contract to the relevant department or unit and make an announcement via press media to press for the
overdue debts. 
  

	 	4.	Evidence Effect of Party B’s Records 

 Unless there is reliable and definitive evidence to the contrary, Party B’s internal account records in relation to principal, interest, costs and debt repayments records, receipts, vouchers for the
Debtor’s withdrawal of loans, repayment of loans and payment of interest which are prepared or retained by Party B, and Party B’s records and vouchers for press for overdue debts shall all constitute the definite evidence to effectively
prove the creditor’s rights under the Principal Contract. Party A shall not raise any objections merely because the above records, receipts and vouchers are unilaterally prepared or retained by Party B. 

  
 4 

	 	5.	No Waivers 

 Party B’s
rights hereunder shall not prejudice or exclude any other rights Party B is entitled to under applicable laws, regulations and other contracts. No forbearance, extension of time limit, preferential treatment or delay in exercising any right
hereunder shall be deemed to constitute a waiver of rights and interests hereunder or permit or recognition of any breach of this Contract. Nor shall it affect, prevent or interfere with the continuous exercise of such right or any other right, nor
shall the foregoing cause Party B to be liable in any way to Party A. 
 If Party B fails to exercise or delays in exercising
any right hereunder, or fails to exhaust the remedies available under the Principal Contract, Party A’s liability under this Contract shall not be alleviated or exempted; provided that, if Party B alleviated or exempted the debts under the
Principal Contract, Party A’s liabilities for guarantee hereunder shall be alleviated or exempted accordingly. 
  

	 	6.	Dissolution or Bankruptcy of the Debtor 

 If Party A is aware that the Debtor is in the dissolution or bankruptcy proceedings, it shall promptly notify Party B to claims its creditor’s rights, and shall timely participate in the dissolution
or bankruptcy proceedings and pre-exercise its recovery rights. Party A shall bear for the loss caused as a result of its failure to timely exercise the recovery rights if it is or should be aware of the Debtor’s dissolution or bankruptcy
proceedings. 
 Notwithstanding the provisions of paragraph 2 of Article 8.5, if Party B and the Debtor reach a settlement
agreement or agree to a restructuring plan during the Debtor’s bankruptcy proceedings, Party B’s rights hereunder shall not be jeopardized due to the settlement agreement or restructuring plan and Party A’s liabilities for guarantee
shall not be alleviated or exempted. Party A shall not counter Party’s claims with the conditions provided by the settlement agreement or restructuring plan. Party B is still entitled to demand Party A for repayment of any outstanding debts due
to the compromise made to the Debtor in the settlement agreement or restructuring plan. 
  

	 	7.	Dissolution or Bankruptcy of Party A 

 In the event of dissolution or bankruptcy of Party A, Party B is still entitled to participate in the dissolution or bankruptcy proceedings of Party A and claim its creditor’s rights, even if Party
B’s creditor’s rights under the Principal Contract has not become due yet. 
 8.      In the
event of any change to its mailing address or other contact information, Party A shall promptly notify Party B of such change in writing. Party A shall be liable for any losses caused by its failure of giving prompt notice of such change.

  

	 	9.	Dispute Resolution 

 Any dispute
arising from the performance of this Contract may be settled through consultation. If the dispute cannot be resolved through consultation, such dispute shall be resolved in the following way of (i): 

(i) Filing a lawsuit with the people’s court within the jurisdiction where Party B locates. 

(ii) Referring the dispute to Blank Arbitration Committee (with the arbitration venue at Blank) for arbitration in
accordance with the arbitration rules of such Commission in effect at the time of referral. The arbitration award shall be final and binding on both parties. 
 The terms of this Contract which are not involved in disputes shall still be implemented during the period of litigation or arbitration. 

 

	 	10.	Effectiveness of this Contract 

This Contract shall become effective upon signing by the legal representative (principal officer) or authorized representative of Party A
(or being affixed with the company chop of Party A); and signing by the principal officer or authorized representative of Party B (or being affixed with the company chop of Party B). 

  
 5 

	 	11.	This Contract shall have four counterparts. 

  

	 	12.	Other Provisions: 

Blank; 
 9.
REPRESENTATIONS AND WARRANTIES BY PARTY A 
 1. Party A clearly understands the business scope and authorization limit of
Party B. 
 2. Party A has read this Contract and all of the terms of the Principal Contract. Party B, upon Party A’s
request, has explained the terms under this Contract and the Principal Contract. Party A fully understands their meanings and corresponding legal consequences of this Contract and the Principal Contract. 

3. Party A is qualified to act as a guarantor, and the guarantee hereunder is in accordance with laws, regulations, rules, Party A’s
articles of association or other internal constitutional documents and has been approved by its internal authority and/or competent state authorities. Party A shall be liable for any and all consequences resulting from no power of Party A to execute
this Contract, including without limitation to full compensations for any and all loss of Party B incurred thereby. 
 4. Party
A acknowledges that it fully understands the Debtor’s situation including without limitation to assets, debts, operation, credits and reputation, and its qualification and authority for execution of the Principal Contract and the entire
Principal Contract. 
 Party A (Company Chop): Vimicro Corporation 
 [Company Seals Affixed] 
 Legal representative (principal officer) or authorized
representative (Signature): 
 /s/ Deng Zhonghan 
 Date: 26 March 2012 
 Party B (Company Chop): China Construction Bank Tianjin Development
Zone Branch 
 [Company Seal Affixed] 
 Principal officer or authorized representative (Signature): 
 /s/ Zhang Zhe 

Date: 28 March 2012 

  
 6

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