Document:

EX-4.46

 Exhibit 4.46 

Equity Transfer Agreement 

This Equity Transfer Agreement (this “Agreement”) is entered into as of June 13, 2016 in Beijing, the People’s
Republic of China (“PRC”) by and between: 
 Transferor: Zhan Wang, a PRC citizen, ID No.: 

Transferee: Hailong Xiang, a PRC citizen, ID No.: 
 The
Parties above are collectively referred to as the “Parties,” individually as a “Party.” 
 Definitions 

Unless otherwise agreed hereunder, the following terms shall have the following meanings: 

“Target” means Beijing Baidu Netcom Science Technology Co.,Ltd., whose registered address is at 2/F Baidu Plaza, No. 10 Shangdi
10th Street, Haidian District, Beijing. 
 “Transfer Subject” means the aggregate 0.5% equity interests of the Target held by the
Transferor (corresponding to the registered capital of RMB4.45 million). 
 WHEREAS 

 

	(1)	 The Target is a limited liability company duly incorporated and validly existing under the PRC laws, with its
registered capital of RMB890 million. As of the date hereof the shareholding structure of the Target is set forth as follows: 

  

											
	No.	  	Shareholder	  	Amount of Contribution
(RMB10,000)	 	  	Shareholding Percentage	 
	 1
	  	 Yanhong Li
	  	 	88,555	 	  	 	99.5	% 
	 2
	  	 Zhan Wang
	  	 	445	 	  	 	0.5	% 
	 Total
	  	 	89,000	 	  	 	100	% 

  

	(2)	 The Transferor intends to transfer to the Transferee, and the Transferee is willing to accept the transfer of,
the aggregate 0.5% equity interests of the Target the Transferor holds. 

 NOW THEREFORE, in accordance with the relevant
PRC laws, rules and regulations, based on the principals of voluntariness, fairness and honesty and upon friendly consultation, with respect to the matters regarding the transfer of the 0.5% equity interest in the Target, the Parties agree as
follows: 

  
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	1.	 Transfer Subject 

 

	1.1	 The Transfer Subject of this Agreement is the aggregate 0.5% of the equity interests it holds in the Target,
and the Transferor agrees to transfer the Transfer Subject to the Transferee. 

  

	2.	 Target 

  

	2.1	 The Target involved herein is legally existing and has independent legal person status. 

 

	2.2	 The Target owns legal approval or licensing documents involved in its conduct of business.

  

	3.	 Transfer Price and Payment 

 

	3.1	 Transfer price: the Parties agree that the price of the Transfer Subject hereunder shall be RMB4.45 million.

  

	3.2	 Means of payment: the Transferee will pay the price in cash to the bank account designated by the Transferor
in writing. 

  

	4.	 Registration Changes 

 

	4.1	 The Transferor shall cause the Target to handle the equity change registration procedures of the Target with
the registration authority. The date when the registration authority completes the equity change registration procedures and issues new business license of the Target shall be deemed as the date when the transaction is accomplished.

  

	5.	 Representations and Warranties of the Transferor 

 

	5.1	 The Transferor has fully paid up its contribution to the registered capital of the Target, and its
contribution has been verified and a capital verification report has been obtained therefor. There are no fake or escaped contributions. 

  

	5.2	 The Transferor owns legal, valid and full right of disposal on the Transfer Subject hereunder, and the
Transfer Subject it holds is free of pledge or any other form of security or third party interest. 

  

	6.	 Representations and Warranties of the Transferee 

 

	6.1	 The acceptance of the Transfer Subject hereunder by the Transferee is in compliance with the provisions of law
and regulations and does not violate any industrial policy in the PRC. 

  

	6.2	 All certificates and materials submitted to the Transferor for purposes of executing this Agreement are true
and complete. 

  

	6.3	 All approval procedures necessary for execution of this Agreement have been duly and validly obtained.

  
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	7.	 Transaction Expenses 

The transaction expenses arising in connection with the transaction hereunder shall be borne in accordance with provisions of
relevant law. 
  

	8.	 Liabilities for Breach 

 

	8.1	 Any Party in violation of this Agreement shall take full compensation responsibilities for any loss incurred
to the other Parties as a result of its breach. 

  

	8.2	 The liabilities to be taken by any Party for its breach of this Agreement shall not be relieved due to
termination of this Agreement. 

  

	9.	 Amendment and Termination of Agreement 

 

	9.1	 The Parties may amend or terminate this Agreement through negotiations. Matters not covered herein may be
subject to a written supplementary agreement between the Parties. 

  

	9.2	 In any of the following cases, this Agreement may be terminated: 

9.2.1 by either Party, if the purposes of this Agreement cannot be realized for an event of force majeure or any reason not
contributable to either Party; 
 9.2.2 by a Party, if the other Party is incapacitated for performance of this Agreement;

 9.2.3 by a Party, if the purposes of this Agreement cannot be realized due to the other Party is in serious breach; 

9.2.4 by a Party, if the other Party breaches any of its representations and warranties of Articles 5 and 6 hereof. 

 

	10.	 Governing Law and Dispute Resolution 

 

	10.1	 This Agreement shall be governed by the laws of the People’s Republic of China. 

 

	10.2	 Any disputes arising from the interpretation and performance of the terms hereunder shall first be resolved by
the Parties through consultation in good faith. In case of a failure to reach an agreement to resolve a dispute between the Parties, either Party may submit the dispute to China International Economic and Trade Arbitration Commission for arbitration
in accordance with its then effective arbitration rules. The arbitration shall be held in Beijing. The arbitral award shall be final and binding upon both Parties. 

 

	11.	 Effectiveness 

This Agreement shall become effective upon executed by the Parties on the date first written above. 

  
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	12.	 Miscellaneous 

 

	12.1	 The Parties may amend and supplement this Agreement in writing, which shall be attached to this Agreement as
appendices. The appendices shall have equal legal effect as this Agreement. 

  

	12.2	 This Agreement is made in four counterparts, one for each Party and the others shall be filed to relevant
registration authority for record. 

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 [This page contains no body text and is the signature page of the Equity Transfer Agreement] 

Transferor: 
 Zhan Wang 

 

			
	Signature:	 	 /s/ Zhan Wang

 Transferee: 
 Hailong
Xiang 
  

			
	Signature:	 	 /s/ Hailong Xiang

  
 5EX-4.47

 Exhibit 4.47 

Voting Proxy Agreement 

This Voting Proxy Agreement (this “Agreement”) is entered into as of June 13, 2016 in Beijing, the People’s
Republic of China (“PRC,” for purposes of this Agreement, excluding Hong Kong Macau and Taiwan) by and between:  
  

	Party  A:	Baidu Online Network Technology (Beijing) Co., Ltd. 

 Registered Address: 3/F, Baidu
Building, No. 10 Shangdi 10th Street, Haidian District, Beijing 
 Party B: 

Yanhong Li, ID No.
                                         
                               ; and 

Hailong Xiang, ID No.  
 WHEREAS 

 

	1.	 Party B are citizens of the PRC and shareholders of Beijing Baidu Netcom Science Technology Co., Ltd.
(“Baidu Netcom”) owning 100% equity interests in Baidu Netcom (“Party B’s Equity”). 

  

	2.	 Party B agrees to entrust a PRC company or individual designated by Party A, and Party A agrees to accept such
entrustment, based on the terms and subject to the conditions set forth herein, to exercise their rights as shareholders of Baidu Netcom on their behalf. 

NOW, THEREFORE, the Parties hereby agree as follows: 
  

	1.	 Party B hereby agrees to irrevocably entrust the entity or individual designated by Party A to exercise on
their behalf all shareholder’s voting rights and other shareholder’s rights empowered by the law and Baidu Netcom’s articles of association at the shareholders’ meeting of Baidu Netcom, including, but not limited to, with respect
to the sale, transfer, pledge or disposal of all or part of Party B’s equity interests in Baidu Netcom; convening, attending and presiding over shareholders’ meeting of Baidu Netcom as authorized representative of Baidu Netcom’s
shareholder; election and replacement executive director, director, supervisor, manager and other executive officer; considering and approving profit distribution and loss make-up plans of Baidu Netcom; adopting resolution regarding merger,
division, liquidation or change of corporate form of Baidu Netcom; deciding upon business strategy and investment plan of Baidu Netcom; and change of articles of association of Baidu Netcom. 

 

	2.	 Party A agrees to designate an entity or individual permissible by relevant applicable laws to accept the
entrustment by Party B granted in Article 1 of this Agreement, and such entity or individual shall exercise Party B’s voting rights and other shareholder’s rights on behalf of Party B pursuant to this Agreement. 

 

	3.	 Party B hereby agrees and irrevocably acknowledges that, regardless of any change of their equity interests in
Baidu Netcom, they shall entrust the entity or individual designated by Party A with all of their shareholder’s voting rights and other shareholder’s rights. 

  
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	4.	 Party B hereby agrees and irrevocably acknowledges that if Party A withdraws the appointment of the relevant
entity or individual to whom Party B has entrusted their shareholder’s voting rights and other shareholder’s rights, they will withdraw his entrustment and authorization to such entity or individual and authorize another entity or
individual designated by Party A to exercise their shareholder’s voting rights and other shareholder’s rights at the shareholders’ meeting of Baidu Netcom. During the term of this Agreement, Party B waives and will not exercise any
and all rights regarding Party B’s Equity entrusted to Party A under this Agreement. 

  

	5.	 This Agreement shall be executed by the Parties or their respective legal or authorized representatives and
become effective as of the date first written above. This Agreement shall remain permanently valid unless otherwise expressly provided under this Agreement or terminated by Party A in writing. If any Party’s operating term expires within the
term of this Agreement, such Party shall timely renew its operating term to enable this Agreement to be continually valid and implementable. If a Party’s application to renew its operating term fails to obtain the approval or consent of any
competent authority, this Agreement shall terminate at the expiry of such Party’s operating term, unless such Party has transferred its rights and obligations pursuant to Article 10 hereof. 

 

	6.	 This Agreement shall remain valid as long as Party B continues to hold any equity interest in Baidu Netcom.
During the term of this Agreement, unless otherwise provided by law, Party B may not cancel, early terminate or end this Agreement. Notwithstanding the foregoing, Party A shall have the right to terminate this Agreement at any time by sending a
written notice to Party B thirty (30) days in advance. 

  

	7.	 Any amendment to, and/or termination of, this Agreement shall be agreed by the Parties in writing. Any
amendment or supplement hereto which is duly executed by the Parties is an integral part of, and shall have equal binding effect with, this Agreement. 

  

	8.	 Should any provision hereof be held invalid or unenforceable due to its inconsistency with relevant law, such
provision shall be deemed invalid only to the extent governed by such law without affecting the validity of the other provisions hereof. 

  

	9.	 All notices or other correspondences required to be sent by any Party hereunder shall be written in Chinese
and delivered to the following addresses of the other Parties or other addresses designated and notified to such Party from time to time by hand, via mail or fax. The notices shall be deemed to have been duly served (a) on the day of delivery
if it is sent by hand, (b) on the tenth (10th) day after it is sent by post-prepaid registered airmail (with the day of sending shown on the postmark), or on the fourth day after the
notice is handed to an internationally recognized express delivery service; and (c) at the time of receipt shown on the transmission acknowledgement if it is sent via fax. 

  
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		 	 Party A:
	  	 Baidu Online Network Technology (Beijing) Co., Ltd.

		 	 Address:
	  	 3/F, Baidu Building, No. 10 Shangdi 10th Street, Haidian District, Beijing

		 	 Attn:
	  	 Yanhong Li

		 	 Fax:
	  	 010-59927435

		 	 Tel:
	  	 010-58003399

			
		 	 Party B:
	  	
		
		 	 Yanhong Li

		 	 Address:
	  	 Baidu Building, No. 10 Shangdi 10th Street, Haidian District, Beijing

		 	 Fax:
	  	 010-59927435

		 	 Tel:
	  	 010-58003399

		
		 	 Hailong Xiang

		 	 Address:
	  	 Baidu Building, No. 10 Shangdi 10th Street, Haidian District, Beijing

		 	 Fax:
	  	 010-59927435

		 	 Tel:
	  	 010-58003399

  

	10.	 Except with Party A’s prior written consent, Party B shall not transfer their rights and obligations
hereunder to any third party. Party B hereby agrees that Party A may assign its rights and obligations under this Agreement as Party A considers it necessary to do so, in which case Party A only needs to give a written notice to Party B and no
further consent of Party B is required. 

  

	11.	 Both Parties acknowledge and confirm that any oral or written information exchanged between the Parties in
connection with this Agreement are confidential, and both Parties shall keep all such information confidential and not disclose any such information to any third person, except for the information which: (a) is known or will be known by the
public (not due to an unauthorized disclosure by the Party receiving such information); (b) is required to be disclosed by applicable law or rules or regulations of a stock exchange; or (c) needs to be disclosed to a Party’s legal or
financial advisor in connection with the transaction contemplated hereby, provided that such advisor shall be subject to a confidential obligation similar to that provided in this Article. Disclosure by any employee or entity engaged by any Party
shall be deemed disclosure by such Party, and such disclosing Party shall be liable for breach of this Agreement. This Article shall survive any invalidity, amendment, termination, dissolution or unenforceability of this Agreement for any reason
whatsoever. 

  

	12.	 

  

	 	(1)	 The formation, validity, interpretation, performance, amendment and termination of and resolution of any
dispute under this Agreement shall be governed by the laws of the PRC. 

  

	 	(2)	 Any dispute arising in connection with the interpretation and performance of the provisions of this Agreement
shall first be resolved by the Parties in good faith through negotiations. If resolution is reached by the Parties, any Party may submit such dispute to China International Economic and Trade Arbitration Commission for arbitration in accordance with
its then effective arbitration rules. The arbitration shall be held in Beijing and the language used shall be Chinese. The arbitral award shall be final and binding upon both Parties. 

  
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	13.	 This Agreement, once becoming effective, constitutes the entire agreement and understanding between the
Parties with respect to the matters contained herein, and fully supersedes all prior oral and written agreements and understandings between the Parties with respect to the matters contained herein. 

 

	14.	 This Agreement is made in three originals, with each Party holding one original, and each original shall have
the same effect. 

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 [This page contains no body text] 

IN WITNESS WHEREOF, each party has executed this Agreement as of the date first written above. 

Party A: Baidu Online Network Technology (Beijing) Co., Ltd. (seal) 
  

	
	 /s/:    Hailong Xiang 

	 Title: Legal Representative

 Party B: 
  

	
	 /s/:     Yanhong Li

	
	 /s/:     Hailong Xiang

  
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