Document:

Exhibit 10.4

 

 

 

 

 

 

 

AGREEMENT ON

 

KNOW-HOW SUB-LICENSE

 

by

 

PARTY A

 

Luck Sky (Shen Zhen) Aerodynamic Electricity
Limited 

 

And

 

PARTY B

 

Xianning Xiangtian Energy Holding Group
Co., Ltd. 

 

 

 

 

September 30, 2018

 

 

 

 

     

     

    

 

Know-How Sub-Licensing Agreement

 

This Agreement on Know-how Sub-License
(the “Agreement”) is made as of September 30, 2018 between the following parties in the territory of People’s
Republic of China (the “PRC”, exclusive of Hong Kong Special Administrative Region, Macao Special Administrative
Region, and Taiwan Region for the purpose of this Agreement).

 

Party A: Luck Sky (Shen Zhen) Aerodynamic
Electricity Limited, a validly existing wholly foreign owned enterprise established under the laws of the PRC

Registered Address: No. 2206, Jinlong
Plaza, Caiwuwei, Hongbao Road, Luohu District, Shenzhen, China. Postal Code: 518000

Legal Representative: Zhou Jian

Tel: 0755-22954296

Fax: 0755-22954296

 

Party B: Xianning Xiangtian Energy
Holding Group Co., Ltd., a validly existing limited liability company established under the laws of the PRC.

Registered Address: Fuqiao Village, Henggouqiao
Town, Xianning City

Legal Representative: Zhou Denghua

Tel:

Fax:

 

(Party A and Party B, collectively, referred
to as “Both Parties” or the “Parties” and individually, as “Either Party”
or the “Party”)

 

Whereas: 

 

		1.	Party A (the “Licensor”) is a wholly
foreign owned enterprise incorporated in accordance with the laws of the PRC and has strengths in the techniques of natural energy
power generation system field;

 

		2.	Whereas Party A entered into licensing agreements dated
as of July 25, 2014 (the “Licensing Agreements”) with 1) Mr. Zhou Dengrong and Mr. Zhou Jian, 2) Luck Sky (Holding)
Group, Co. Ltd (the “Owners”) respectively, pursuant to which Party A has been granted an exclusive license
to use, including a right to sublicense, the patents (the “Patents”) and the patent applications (the “Patent
Applications”) listed in Annex A, and all related trade secrets and Technology, and all improvements thereon,
related to PV installations and the air energy storage power generation technology (such Patents, Patent Applications, knowhow
and related trade secrets are, collectively, the “Technology”);

 

		3.	Whereas Party B (the “Licensee”) is
a limited liability company incorporated in the PRC, mainly conducting the business of natural energy power generation system;
and

 

		4.	Whereas Party A agrees to grant Party B an exclusive sublicense
to use the Technology as mentioned above (the “Sublicense”), and Party B agrees to obtain the Sublicense and
pays Party A an annual royalty fee.

 

    	 	1	 

     

    

 

Now, therefore, the Parties agree as follows:

 

Article 1

Definitions

 

For the purposes of the Agreement, the
following words and expressions shall have the meanings as defined hereunder:

 

		1.1	The “Agreement” means this Agreement, which
is formed by Article 1 to Article 18 and Annex 1, signed between Licensee and Licensor on the date listed thereof.

 

		1.2	The “Technology” means 61 Chinese patents,
related patent applications and trade secrets, including the technology underlying the patents and patent applications listed
in Annex 1 to this Agreement,

 

		1.3	“Agreement Products” means the products manufactured
by using such 61 Chinese patents, related patent applications and trade secrets listed in Annex 1 to this Agreement.

 

		1.4	“China,” means the People’s Republic
of China

 

		1.5	“Technical Documentation”, “Technical
Training”, “Components”, means the materials carrying the Technology or required for the production of Agreement
Products and thus to be communicated or traded to the Licensee accordingly, which is to be prescribed in other affiliated agreements.

 

Article 2

Scope of the Agreement

 

		2.1	Licensor has agreed to grant to Licensee and Licensee has
agreed to obtain from Licensor the exclusive sublicense to use the Patents and Patent Applications as listed in Annex 1 and
other Technology in China with respect to electrical generation for commercial and residential structures, not including wind
towers.

 

		2.2	The Parties agree that, any technical results from the
improvement or transformation to the Technology, as well as any rights or interests arising thereof, in the process of exploiting
and utilizing the Technology shall be solely owned and possessed by the Licensor, unless otherwise stipulated by law or provided
in agreements between the Parties, and Party B shall have no claim thereof whatsoever.

 

		2.3	Licensor hereby grants to Licensee an exclusive, non-transferable
Sublicense to exploit the Technology for the development and production of the Agreement Products as well as the right to sell
the Agreement Products so manufactured in the territory of China and to export the Agreement Products so manufactured to countries
approved by Licensor.

 

		2.4	Without the prior written consent of Licensor, Licensee
is obliged not to sub-license, transfer the Technology to any third parties inside or outside the licensed territory of China,
nor exploit the Technology in the manner other than provided in the Agreement, including training for any third parties, or exploit,
develop, improve, transform, share the Technology for business purpose other than provided in the Agreement with any third parties.

 

		2.5	For the purpose of this Agreement and to the limit of necessity,
Licensor shall provide Licensee with the Technical Documentation, Technical Training, and technical services. The definition,
contents, quantity and time of such delivery and services shall be prescribed in affiliate agreements, including “Exclusive
Management, Consulting and Training and Technical Service” executed by the Parties.

 

    	 	2	 

     

    

 

Article 3

Agreement Fees

 

		3.1	The Licensee agrees to pay a quarterly royalty fee (hereinafter
referred to as the “Fee”) in an amount equal to five percent (5%) of net income generated using the technology
listed in the Annex 1 during such quarter to the Licensor hereunder by the 30th day following the end of each
fiscal quarter, into the account to be designated by the Licensor.

 

		3.2	The shareholders of the Licensee shall provide a pledge
of all of their shares of capital stock of the Licensee as collateral for the Fee payable under the Agreement by the Licensee.

 

		3.3	The Parties shall take responsibility for taxation and
costs incurred under the Agreement separately as prescribed in related laws.

 

Article 4

Rights and Obligations

 

		4.1	The Licensee warrants not to raise doubt and suspiciousness
on the effectiveness and exclusiveness of the claims of the Licensor on the above-mentioned Technology, as well as that of the
Agreement, during and after the valid period of the Agreement, nor to implement any procedures that may be deemed by the Licensor
as jeopardy to his rights of licensing.

 

		4.2	The Licensee agrees to provide necessary assistance to
the Licensor in perspective of preserving the rights of the Licensor on the Technology. In the circumstances of infringement claims
made by any third party against the Licensor on the Technology, the Licensor may, on his own will, respond to such claims in the
name of his own, the Licensee or the both. In the circumstances of any third party’s infringement to the Licensor’s
claim on the Technology, the Licensee shall, to the limit of its knowledge, inform the Licensor of such infringement in written
with no delay. The Licensor shall be solely eligible to decide further proceedings with respect to such infringement. The expenses
incurred in the above litigation shall be borne by Party B.

 

		4.3	The Licensee warrants to exploit the Technology exclusively
in the manner as prescribed in the Agreement, specifically not in the manner as deceptive, misguiding or other manners that might
be considered by the Licensor harmful to the reputation of the Technology or the credibility of the Licensor.

 

    	 	3	 

     

    

 

Article 5

Confidentiality

 

		5.1	The Licensee, its executives, employees, agents and others
who are aware of confidential information shall keep confidential of any publicly-unrevealed technical or business data or information
(“Confidential Information”) of Party A it then has knowledge of or access to in compliance with the Agreement,
and shall return any documents and materials that carry the Confidential Information of the Licensor or dispose such as required,
as well as delete any of such Confidential Information from any memory device and not to exploit it further. Provided with prior
written consent of the Licensor, the Licensee shall not reveal, provide or transfer such Confidential Information to any third
parties.

 

		5.2	The Parties agree that, this Article 5 shall remain effective
irrespective of any invalidity, amendment, and rescission, termination of the Agreement or unenforceability of the Agreement.

 

Article 6

Representation and
Warranty

 

		6.1	The Licensor warrants that Licensor is a wholly foreign-owned
enterprise registered and existing in compliance with the law of China.

 

		6.2	The Licensor warrants that it shall subscribe and enforce
the Agreement within its authorized business scope, and has taken necessary procedures to acquire appropriate authorization, including
consent and approvals from any third party or examination authorities (if required), for the purpose of the Agreement. The Licensor
warrants that the conclusion of this Agreement is not and will not be breaking any restriction imposed thereupon by binding laws
or business entities that may impose influence on the Licensee in terms of the Agreement.

 

		6.3	The Licensor possesses the rights of claims of all kinds
to the Technology wholly and completely in compliance with governing laws of PRC and other binding agreements it had made otherwise
with other parties.

 

		6.4	The Licensor warrants not to product or sell the Agreement
Product listed in Annex 1 attached hereto with the Technology in the range of the license prescribed hereunder.

 

		6.5	The Licensee warrants that it is a limited liability company
registered and existing in compliance with the law of China.

 

		6.6	The Licensee warrants that it shall subscribe and enforce
the Agreement within its authorized business scope, and has taken necessary procedures to acquire appropriate authorization, including
consent and approvals from any third party or examination authorities (if required), for the purpose of the Agreement. The Licensor
warrants that the conclusion of this Agreement is not and will not be breaking any restriction imposed thereupon by binding laws
or business entities that may impose influence on the Licensee in terms of the Agreement.

 

		6.7	The Agreement shall become effective and have binding force
on the Parties upon execution by the Parties. The Agreement may be compulsorily enforceable with notarization.

 

    	 	4	 

     

    

 

Article 7

Effectiveness and Term

 

		7.1	The Agreement shall become effective and binding to the
Parties upon subscription by the Parties at the date listed at the top the Agreement. Unless prematurely terminated in accordance
with the Agreement, the Agreement shall maintain effective and binding throughout the entire duration of operation of the Licensee.

 

		7.2	Upon written consent of the Parties, the Agreement may
be extended after expiration, while the term of extension shall be decided by the Parties through negotiation on the occasion.

 

Article 8

Breach of Agreement
and Liability, Termination of Agreement

 

		8.1	In the occasion that the Licensee fails to pay the Fee
to the Licensor in accordance with the Agreement, the Licensor has the right to charge a penalty at the rate of 0.03% per month
of the Fee unpaid from the Licensee upon issuing written notice of reminder to Licensee. Unless otherwise prescribed in the Agreement,
the defaulting Party who breached its obligations in accordance with this Agreement shall continue to perform the Agreement, or
take remedial measure, as required by the performing Party, as well as paying compensation for damages incurred to the performing
Party accordingly.

 

		8.2	In the term of validity of the Agreement, the Licensor
may terminate the Agreement upon issuing written notice of reminder to Licensee by 30 days prior to such termination, in the duration
of the Agreement; unless otherwise prescribed in the Agreement, the Licensee may not terminate or rescind the Agreement, provided
that the Licensor made due written consent thereupon.

 

		8.3	After the termination or expiration of the Agreement, the
Licensee may not be continuously entitled to the rights authorized to the Licensee under the Agreement, including but not limited
to that the Licensee may not exploit the Technology directly or in any other manners.

 

Article 9

Force Majeure

 

		9.1	“Force Majeure” refers to any event that is beyond the appropriate control of a
                                                                             Party/Parties and not avoidable given appropriate attention by the affected Party/Parties, including but not limited to:
                                                                             governmental behavior, natural force like storm, flood, earthquake, tidal force, lightening, fire, explosion, or war.
                                                                             However, inadequacy of credit, capital or other financing problems shall not be deemed beyond the appropriate control of the
                                                                             Party. The Party affected by the “Force Majeure” and in quest of exemption of fulfillment of its obligation
                                                                             under                                                                              the Agreement shall issue written notice
                                                                             of such exemption to the other Party.

 

		9.2	On the occasion of delay or obstruction of the enforcement
of the Agreement incurred by the above “Force Majeure”, the affected Party shall not undertake any liability to the
breach of its obligations so affected in accordance with the Agreement, provided that the affected Party shall have seek to perform
so affected obligations with appropriate effort as a proper excuse, while the Party’s performance of obligations other than
those affected by concerned delay and obstruction shall be excluded from exemption. Upon that the above cause of exemption cease,
the Parties agree to do their utmost to resume the performance of the Agreement. On the occasion that the affection of the above
“Force Majeure” makes the performance of the Agreement unenforceable, the Parties agree to seek to achieve the purpose
of the Agreement in other manners at their best efforts as required by the Licensor.

 

    	 	5	 

     

    

 

Article 10

Governing Law and Dispute
Resolution

 

The governing law of the effectiveness,
interpretation, performance and etc. of the Agreement is the laws of China. All disputes arising out of or in connection with the
Agreement shall be firstly subject to negotiation of both Parties with good will which shall be proposed by a Party or both Parties.
In the circumstances that a dispute is not resolved within 30 days after such negotiation for the dispute is proposed, any Party
may submit such dispute to the China International Economic and Trade Arbitration Commission (“CIETAC”). The arbitration
shall be conducted in accordance with the procedural rules of CIETAC. The arbitration proceedings shall be held in Beijing, China,
in Chinese language. Arbitration awards shall be final and binding upon both Parties.

 

Article 11

Notice of Information

 

		11.1	Any notice or communication transmitted between the Parties
should be in written in the formality of Fax, personal delivery (including Express Delivery) or aviation registered mail to the
addresses designated at the top of the Agreement.

 

		11.2	Unless otherwise prescribed in the Agreement, the day when
notice or communication is conveniently delivered by hand is deemed the day of receipt. Notice or communication delivered through
prepaid Express Delivery shall be deemed received by the 7th day of dispatch. Notice or communication delivered by
cable address or facsimile transmission shall be deemed received at the moment of delivery. Notice or communication delivered
by telegraph shall be deemed received by 24 hours of wiring.

 

Article 12

Assignment and Rerelease

 

Without the prior written consent of the
Licensor, the Licensee may not assign, pledge or rerelease the Agreement or its rights and obligations hereunder.

 

Article 13

Amendment and Supplement
of the Agreement

 

The Parties shall make amendments or supplementary
agreements to the Agreement in written. Any amendments and supplements to the Agreement shall be made in written contractual documents,
and be valid after being signed by both parties’ authorized representatives, which shall form integral part of the Agreement
and have the same legal force.

 

    	 	6	 

     

    

 

Article 14

Segmentation of the
Agreement

 

In the circumstances that any provisions
hereunder is nullified or unfulfillable due to violation of relevant laws, such provisions solely shall be held null and void and
not enforceable in the domain of such laws, with no jeopardy to the legal force of other provisions hereunder.

 

Article 15

Annex

 

Any annexes of the Agreement shall be integral
parts of the Agreement and have the same legal force.

 

Article 16

Counterparts of the
Agreement

 

This Agreement shall be signed in two counterparts;
each Party holds one copy, with the same legal force. This Agreement is written and signed in Chinese language, while versions
in other languages are for reference purpose only.

 

    	 	7	 

     

    

 

SIGNATURE PAGE

 

Party A: Luck Sky (Shen Zhen) Aerodynamic Electricity
Limited (Seal)

 

[Corporate seal affixed herein]

 

Authorized representative: /s/ Zhou Jian

 

Title: legal representative

 

Party B: Xianning Xiangtian Energy Holding Group Co., Ltd.
(Seal)

 

[Corporate seal affixed herein]

 

Authorized representative: /s/ Zhou Dengrong

 

Title: legal representative

 

    	 	8	 

     

    

 

Annex I. Patents 

 

	No.	 	Description of Invention
	1	 	Solar energy hot water system for air tower generator
	2	 	V-type multi-cylinder air power engine
	3	 	Petro system of air power engines
	4	 	Gas distribution system to v-type multi-cylinder air power engines
	5	 	generator system with electro-magnetic assistance
	6	 	controller to v-type multi-cylinder air power engines
	7	 	Two stroke air power engine assembly
	8	 	Gear box for v-type air power multi-cylinder engines
	9	 	Assembly of compressed air engine with  compress air feedback loop
	10	 	Gear box system for twos troke air power engines
	11	 	Assembly of twos troke air power generator with electro-magnetic assistance
	12	 	Piston components of air power engines
	13	 	Control system of air power engines
	14	 	Multi cylinder power distributor of air power engines
	15	 	Agas distribution system of two stroke V-type eight cylinder air power engines
	16	 	Electro-magnetic assistor of the air power engine assembly
	17	 	multi-body power distributor of air power engines
	18	 	Cylinder head and valve structure of air power engines
	19	 	Compressed air engines with exhausting gas collecting device
	20	 	Exhausting structure of cylinder head of air power multi-cylinder engines
	21	 	Air power engines
	22	 	Lubricating oil system of multi-cylinder air power engines system
	23	 	Cylinder for variable multi-cylinder air power engines
	24	 	Control mechanism of swing variable multi-cylinder air power engines
	25	 	Connecting rod of engines
	26	 	upper box of variable multi-cylinder air power engines
	27	 	Swing  Variable multi-cylinder air power engines
	28	 	Electro-control-chip of variable air power engines
	29	 	An innovated solar energy generating device
	30	 	A frequency variable heating device to generator
	31	 	Mini air power engines
	32	 	Control mechanism of mini air power engines
	33	 	Control system of mini air power engines
	34	 	Gas system of mini air power engines
	35	 	Variable multi-cylinder air power engines
	36	 	Control mechanism of variable air power engines
	37	 	Electro-controlled Gas accelerator of air power engines
	38	 	Heating device of air power engines
	39	 	High frequency conducting heating device
	40	 	Gas distribution system of air power engines
	41	 	Piston oil pump of mini air power engines
	42	 	Shaft system of rotary engines
	43	 	Propeller rotary system of rotary engines
	44	 	Gas inlet and outlet structure of rotary engines
	45	 	Petro system of rotary engines
	46	 	Inlet and outlet gas system of rotary engines
	47	 	Rotary engines
	48	 	High pressure freezing gas deposit tank
	49	 	Piston aerodynamic engine
	50	 	Chute V-type aerodynamic engine
	51	 	Aerodynamic engine power test bed
	52	 	Spiral heat mass exchanger (air heater)
	53	 	30 mpa air medium plasma gas heater
	54	 	30 mpa air medium plasma atmospheric purifier
	55	 	Wide voltage photovoltaic inverter
	56	 	Flywheel increasing device
	57	 	Weak light photovoltaic power generation systems
	58	 	Air energy storage system
	59	 	Air energy generation system
	60	 	No pulse power conversion system
	61	 	Photovoltaic energy storage intelligent control system

 

    	 	9Exhibit 10.5

 

 

 

Equity Pledge Agreement

  

 

PARTY A

Luck Sky (Shen Zhen) Aerodynamic Electricity
Limited

 

And

 

PARTY B

ZhouJian

&

Zhou Dengrong

 

And 

 

PARTY C

Xianning Xiangtian Energy Holding Group
Co., Ltd. 

 

September 30, 2018

 

 

 

    	 	 	 

     

    

 

Equity Pledge Agreement

 

This Equity Pledge Agreement
(the “Agreement”) is executed on September 30, 2018 in the People’s Republic of China (the “PRC”,
not inclusive of Hong Kong Special Administrative Region, Macao Special Administrative Region, and Taiwan Region for the purpose
of this Agreement) among:

 

Party A: Luck Sky (Shen Zhen) Aerodynamic
Electricity Limited, a validly existing wholly foreign owned enterprise established under the laws of the PRC

Registered Address: No. 2206, Jinlong Plaza,
Caiwuwei, Hongbao Road, Luohu District, Shenzhen, China. Postal Code: 518000

Legal Representative: Zhou Jian

Tel: 0755-2295426

Fax: 0755-2295426

 

Party B: Zhou Jian, a citizen of
PRC

ID No.: 42232319771028075x

Address: No. 467, Building 21, Huangjingling
Road, Lushuihu, Chibi City, Hubei Province

Tel: 15997922222

Fax: 010-58412836 -8228

 

Zhou Dengrong, a citizen of the PRC

ID No.: 42232319510712071x

Address: No. 467, Building 433, Huangjingling
Road, Lushuihu, Chibi City, Hubei Province

Tel: 13361411111

Fax: 010-58412836-8228

 

    	 	1	 

     

    

 

Party C: Xianning Xiangtian Energy
Holding Group Co., Ltd. , a validly existing limited company established under the laws of the PRC

Registered Address: Fuqiao Village, Henggouqiao
Town, Xianning City

Legal Representative: Zhou Denghua

Tel:

Fax:

  

(Party A, Party B and
Party C collectively, referred to as “Parties” and individually, as “Any Party” or “Each
Party”.)

 

In respect of Party
B’s pledge of equity of Party C held by Party B, the Parties hereto upon friendly negotiation agree as follows:

 

Whereas:

 

		1.	The Parties have entered into the agreements as stipulated
in Annex 1 of the Agreement hereinafter referred to as the (“Principal Contracts”);

 

		2.	Party B are the record shareholders of Party C, legally
own all the equity of Party C as of the execution date of this Agreement, of which Mr. Zhou Dengrong holds a 3% interest and Mr.
Zhou Jian holdsa 97%; and

 

		3.	Party B agree to pledge 100% of Party C’s equity
they holds to Party A hereinafter referred to as the (“Pledged Shares”), in order to guarantee Party C’s
performance of obligations under the Principal Contracts and the Guaranteed Liabilities (as defined hereunder) under the Principal
Contracts.

 

In view of this, Party
A and Party B, via friendly discussions, have entered into the following agreement for Each Party to observe:

 

		1	Pledge 

 

		1.1	Party B agrees to pledge 100% of the Pledged Share, which it legally owns and has the right to
dispose of, to Party A according to the provisions hereof as the security for the performance of the Principal Contracts listed
on Annex 1 and the repayment of the Guaranteed Liabilities. Party C hereby agrees that Party B, who legally hold equity interest
in it, to pledge the Pledged Shares to Party A according to the provisions hereof.

 

    	 	2	 

     

    

 

		1.2	Party B hereby undertake that they will be responsible for, recording the arrangement of the equity
pledge hereunder (hereinafter, the “Equity Pledge”) on the shareholder register of Party C on the date hereof, and
will use their best efforts to register with registration authorities of industry and commerce where Party C registers if required
by applicable regulations. Party C undertakes that it will use its best efforts to cooperate with Party B to complete the registration
with authorities of industry and commerce under this Article.

 

		1.3	Party A shall be deemed to have created the encumbrance of first order in priority on the Pledged
Shares, and in case of any breach of the Principal Contracts or failure to satisfy the Guaranteed Obligations, Party A shall have
the right to dispose of the Pledged Shares as provided hereof.

 

		1.4	During the term of this Agreement, except for the willful misconduct of Party A which has directly
causes the reduction in value of the Pledged Shares, Party A shall not be liable in any way to, nor shall Party B or Party C has
any right to claim in any way or propose any demands on Party A, in respect of the said reduction in value of the Pledged Shares.

 

		1.5	Only upon prior consent by Party A, Party B may be able to receive dividends or share profits from
the Pledged Shares. The dividends or the profits received by Party B from the Pledged Shares shall be deposited into the bank account
designated by Party A, to be under the supervision of Party A and used as the Pledged Shares to repay in priority the Guaranteed
Liabilities.

 

		2	Scope of Guarantee 

 

The scope of guarantee
for Pledged Shares under this Agreement shall include

 

		2.1	All of Party B and Party C’s contractual obligations
under the Principal Contracts; and

 

		2.2	Any outstanding debts, interests, penalty fees of
Party B and Party C, and all direct, indirect and consequential losses and losses of foreseeable profits suffered by Party A and
its affiliates due to any breach by Party B or Party C under the Principal Contracts and all fees incurred in enforcing Party
A’s contractual rights under the Principal Contracts (the “Guaranteed Liabilities”).

 

    	 	3	 

     

    

 

		3	Term of Pledge 

 

This Agreement shall
become effective from the date when the Agreement is signed by the Parties and terminate upon the termination of the Principal
Contracts (or any agreement of extension, if any) and the termination of any obligations of Party B or Party C under the Principal
Contracts which extend beyond the termination of such Principal Contracts. During the term of pledge, should Party B or Party C
fail to perform their obligations under the Principal Contracts, Party A is entitled to enforce the pledge in accordance with this
Agreement and obtain the dividend arising thereof from the Pledged Shares and the proceeds from the sale, transfer or disposition
of the Pledged Shares.

 

		4	Party A’s Representations

 

		4.1	Party A is a wholly foreign owned limited liability company duly registered and validly existing
under the laws of the PRC and is operating legally. It has the full civil capacity and the ability to fully undertake the civil
responsibilities under the PRC laws.

 

		4.2	It is not against any PRC laws and statutes or any regulations and rules of government authorities
for Party A to sign this Agreement, nor shall the signing of this Agreement breach any agreement that Party A has signed with any
other third party.

 

		5	Party B’s Representations 

 

		5.1	By the date of signing hereof, Party B has never pledged any equity of Party C that it holds.

 

		5.2	Party B legally owns the relevant equity of Party C, and the Pledged Shares do not or shall not
be imposed of any mortgage, pledge or lien, or any constraint of rights in any other forms;

 

		5.3	Party B has obtained all the necessary permissions and approvals for the signing and implementing
of the Agreement.

 

    	 	4	 

     

    

 

		6	Party C’s Representations 

 

		6.1	By the date of signing hereof, all equity of Party C has never been pledged.

 

		6.2	Party C is a limited liability company duly registered and validly existing under the laws of the
PRC and is operating legally. It has the full civil capacity and the ability to fully undertake the civil responsibilities under
the PRC laws.

 

		6.3	It is not against any PRC laws and statutes or any regulations and rules of government authorities
for Party C to sign this Agreement, nor shall the signing of this Agreement breach any agreement that Party C has signed with any
other third party.

  

		7	Assignment 

 

		7.1	Party B and Party C shall not grant or assign any of its rights or obligations provided under this
Agreement without prior written consent by the other two Parties.

 

		7.2	This Agreement shall be binding upon Each Party and its successor(s) and effective for any party
and each of its successor(s) or transferees.

 

		7.3	Party A may assign all or any of its rights and obligations as provided in the Principal Contract
to person(s) (individual/legal person) designated by Party A. In this case, the transferee(s) shall enjoy and undertake the rights
and obligations that Party A enjoys and undertakes in accordance with the provisions of this Agreement, in the same way that it
does so as a contracted party to this Agreement.

 

    	 	5	 

     

    

 

		8	Confidentiality 

 

		8.1	The Parties agree to take every possible measure to keep confidential of the materials and information
(the “Confidential Information”) they have knowledge of or access to hereunder. Without prior written consent
of the other Parties, no Confidential Information shall be disclosed, given or transferred to any other third party. Once this
Agreement terminates, the Parties shall return the documents, materials and/or software carrying Confidential Information to the
original owner or destroy them as required. The Parties shall also remove the Confidential Information from any memory device and
shall never use it again. The Parties shall take necessary measures to ensure that the Confidential Information to be disclosed
to staff, agents and consultants so far as is necessary for performing their duties solely, and urge these personnel to comply
with the obligations as to confidentiality under this Agreement.

 

The Confidential Information
herein refers to any relevant contracts, agreements, memorandum of understanding, appendices, drafts or notes (including this Agreement)
for the purpose of this Agreement as well as any form of trade secrets, exclusive information and other data and information that
Any Party, their clients, customers, consultants, sub-licensee or affiliated enterprises have taken measures to keep confidential.
The Confidential Information includes but is not limited to oral or written materials, Any Party’s software, web catalogue,
business plans and conceptions, product development, invention, service design, creative design, graphics, texts, audio, video,
multi-media information, client data, market data, financial data, R&D information as well as intellectual or industrial property
in relation to this Agreement owned by Any Party, including those information deemed or taken confidential by Any Party, its clients,
customers, consultants, sub-licensee or affiliated enterprises.

 

		8.2	The above-mentioned restrictions do not apply in the following situations:

 

		8.2.1	the information available to the public as of the
date of disclosure;

 

		8.2.2	the information available to the public after the disclosure not due to the fault of any party;

 

		8.2.3	the information that can be proved already held by any party prior to the disclosure which is not
obtained directly or indirectly from other parties;

 

    	 	6	 

     

    

 

		8.2.4	The above-mentioned confidential information disclosed by any party, as its duty in accordance
with laws, to governing administrative authorities, stock exchanges, etc., or to its direct legal counsels and financial consultants
for the purpose of maintaining its normal operation.

 

		8.3	This article shall remain effective irrespective of the amendment, rescission or termination of
this Agreement.

 

		9	Liabilities for Breach of Agreement 

 

		9.1	Should Any Party fail to perform any of its obligations under this Agreement, or any of such Party’s
representations is untrue or imprecise, such Party is on the breach of this Agreement and shall compensate the other Parties for
all their losses incurred.

 

		9.2	The right to claim on the breaching party can be waived only when such waiver is made in written
by the performing Parties of this Agreement. The failure or delay to exercise any rights to claim or reliefs under this Agreement
does not constitute the waiver of their rights; nor shall any partial exercise of their rights to claim or reliefs hamper their
exercise of other rights to claim or reliefs.

 

		10	Force Majeure 

 

		10.1	The force majeure under this Agreement refers to: wars, fires and earthquakes, floods, storms and
other natural disasters; or other incidences that are irresistible and unavoidable and unforeseeable at the conclusion of this
Agreement. However, inadequacy of credit, capitals or financing shall not be deemed as beyond the control of any Party. Any Party
that is affected by the Force Majeure and seeks the exemption of the non-performance liability in terms of its obligations under
this Agreement or any article of this Agreement shall inform other parties of the exemption of liabilities via telegram, fax or
other electronic media and submit a written letter of confirmation of the force majeure within five (5) work days and propose the
procedures necessary for the performance of this Agreement.

 

    	 	7	 

     

    

 

		10.2	In case that failure or delay in performance of all or part of the obligations under this Agreement
by any Party due to force majeure, such Party should be exempted from relevant liabilities, but shall perform the such obligations
after the influence of the force majeure is eliminated. Should the influence of the force majeure make it impossible or unnecessary
to implement this Agreement, Both Parties shall seek other solutions via friendly negotiation.

 

		11	Notification and Delivery 

 

		11.1	Any notice or message between Two Parties shall be sent in written form by fax, personal delivery
(including Express Mail Service) or registered airmail to the addresses listed at the beginning of this Agreement.

 

		11.2	Unless otherwise specified herein, when notices or messages are submitted in person, the notices
or messages shall be deemed received upon delivery. Notification by prepaid Express Mail shall be deemed received by seven (7)
days of dispatching. When notices or messages are sent by cable or fax, the notices or messages shall be deemed received at the
moment of sending. When by telegraph, the notices or messages shall be deemed received by twenty-four (24) hours of delivery.

 

		12	Miscellaneous 

 

		12.1	The Parties agree that this Agreement can be amended from time to time. Any amendment shall be
made in written and come into effect after signing by the Parties.

 

		12.2	The PRC laws are exclusively applicable to the conclusion, validity, interpretation, performance,
amendment, termination, the solution of disputes, etc. of this Agreement.

 

		12.3	The disputes in connection with the performance of this Agreement shall be settled by Both Parties
through friendly consultation. In case no settlement is reached through such consultation, the disputes shall be submitted to China
International Economic and Trade Arbitration Commission located in Beijing and settled in accordance with the Commission’s
arbitration rules in effect at the time of applying for arbitration. The arbitral award is final and binding upon both parties.

 

    	 	8	 

     

    

 

		12.4	This Agreement shall be effective from the date when the Agreement is signed by the Parties.

 

		12.5	This Agreement constitutes the entire agreement between the Parties with respect to the subject
matter set forth herein and supersedes any and all previous oral and written, implied or explicated documents, memoranda and agreements
between the Parties. Any amendments to this Agreement shall be made only by a written instrument signed by the Parties. Otherwise,
the amendments to this Agreement shall not be binding on Each Party.

 

		12.6	Should any of the articles of this Agreement is invalid, it shall not affect or jeopardize or invalidate
other articles of this Agreement, and the other articles shall continue to be fully valid. The contracted Parties shall try their
best to replace the invalidated article(s) with valid article(s) which best present the intention of Each Party.

 

		12.7	This original Agreement is signed in both Chinese and English language; the Chinese version shall
prevail in case of discrepancies occur.

 

This Agreement shall
be executed in five counterparts, one for Each Party.

 

(No text below.)

 

[English Translation for Reference Only]

 

    	 	9	 

     

    

 

SIGNATURE PAGE

 

 

Party A: Luck Sky (Shen Zhen) Aerodynamic
Electricity Limited (Seal)

[Corporate seal affixed herein]

 

	Signature:	/s/ Zhou Jian	 
	Title: 	Legal Representative	 

 

Party B: Zhou Jian

 

	Signature:	/s/ Zhou Jian	 

 

Party B: Zhou Dengrong

 

	Signature:	/s/ Zhou Dengrong	 

 

Party C: Xianning Xiangtian Energy Holding
Group Co., Ltd. (Seal)

[Corporate seal affixed herein]

 

	Signature:	/s/ Zhou Dengrong	 
	Title: 	Legal Representative	 

 

[English Translation for Reference Only]

 

    	 	10	 

     

    

 

Annex 1: List of Principal Contracts

 

	SN	 	Agreement	 	Parties	 	Date of Signing
	1	 	Business Cooperation Framework Agreement	 	
        Luck Sky (Shen Zhen) Aerodynamic Electricity
        Limited

        Xianning Xiangtian Energy Holding Group Co.,
        Ltd.
	 	 
	2	 	Agreement on Exclusive Management, Consulting and Training and Technical Service	 	
        Luck Sky (Shen Zhen) Aerodynamic Electricity
        Limited

        Xianning Xiangtian Energy Holding Group Co.,
        Ltd.
	 	 
	3	 	Agreement on Know-How Sub-License	 	
        Luck Sky (Shen Zhen) Aerodynamic Electricity
        Limited

        Xianning Xiangtian Energy Holding Group Co.,
        Ltd.
	 	 
	4	 	Exclusive Option Agreement	 	
        Luck Sky (Shen Zhen) Aerodynamic Electricity
        Limited

        Luck Sky (Hong Kong) Aerodynamic Electricity
        Limited

        Zhou Jian

        Zhou Dengrong

        Xianning Xiangtian Energy Holding Group Co.,
        Ltd.
	 	 
	5	 	Power of Attorney 	 	
        Luck Sky (Shen Zhen) Aerodynamic Electricity
        Limited

        Zhou Jian
	 	 
	6	 	Power of Attorney	 	
        Luck Sky (Shen Zhen) Aerodynamic Electricity
        Limited

        Zhou Dengrong
	 	 

 

    	 	11

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