Document:

EX-4.12

 Exhibit 4.12 

Equity Pledge Agreement 

THIS EQUITY PLEDGE AGREEMENT (hereinafter “Contract”) was made and entered into by and between the following Parties in Beijing
Municipality, China on February 5, 2010: 
 QIGI&BODEE International Technology (Beijing) Limited (hereinafter referred to as
“WFOE” or “Pledgee”), a wholly foreign-owned enterprise established and existing according to the laws of the People’s Republic of China, with the current domicile of F/3, Building 1, No.13, Yongchang (N) Road, Beijing
Technology Development Zone, Beijing Municipality, China; 
 QIGI&BODEE Technology (Beijing) Co., Limited (hereinafter referred to as
“QIGI TECHNOLOGY” or “Company”), a limited liability company established and existing according to the laws of the People’s Republic of China, with the current domicile of Room 1410, Office Building, No.76, Zhichun Road,
Haidian District, Beijing Municipality, China; 
 Xu Enhai, a Chinese natural person, residing at No.2399, Liaoning Road, Chaoyang District,
Changchun City, Jilin Province, with the ID card No. of 220224197109224214, who holds 66.7% of the equity of QIGI TECHNOLOGY, and has subscribed for and paid up RMB 20 million Yuan for the registered capital of QIGI TECHNOLOGY; and 

Han Deling (collectively referred to as “Pledgors” together with Xu Enhai), a Chinese natural person, residing at Room 402, Unit 4, Building 2,
No.49, Dunhua Road, Shibei District, Qingdao City, Shandong Province, with the ID card No. of 370205197011225028, who holds 33.3% of the equity of QIGI TECHNOLOGY, and has subscribed for RMB 10 million Yuan and actually paid RMB
2.1 million Yuan for the registered capital of QIGI TECHNOLOGY 

 For the purpose of guaranteeing that the Pledgee may normally charge the money payable by the Company,
including but not limited to the consultation fee and service fee, etc., the Pledgors supply the pledge security for the Company’s payment obligation under the Exclusive Cooperation Contract (and its annexes) with all their equity in the
Company. 
 The Parties hereto hereby agree as follows: 
  

	1.	Pledge 

 For the purpose of guaranteeing that the
Company will timely and fully pay any and all the money that is receivable by the Plegee under the Exclusive Business Cooperation Agreement and all of its annexes and that the Company may fail to pay from time to time (including but not
limited to the consultation fees, service fees, intellectual property right license fees and other expenses stipulated, hereinafter collectively “Service Fees Payable”), regardless of the reason for such Services Fees Payable to become due
(the occurrence of the due date, the demand for early payment or any other reasons), the Pledgors hereby provide security of an total amount of RMB 0.2 billion Yuan to the Pledgee. including to pledge the equity interest in the Company they
currently held (hereinafter “Pledge Equity”) to the Pledgee (including the RMB 20 million Yuan of registered capital (equity) as actually paid up by Xu Enhai and the RMB 2.1 million Yuan of registered capital (equity) as actually
paid up by Han Deling). 

	2.	Pledge Period 

 The valid term of the pledge
according to this Contract will be from the date when the Pledge Equity is recorded in the Company’s registry of shareholders and the pledge registration formality is handled with the competent registration authority (administration authority
of industry and commerce) to the date when all money that the Company owes to the Pledgee under the above Exclusive Business Cooperation Agreement (and all its annexes) is paid off by the Company. The Parties hereto agree that, on the date
when this Contract is executed and on the date when there occurs any change in the Pledge Equity in future (including but not limited to the supplement and increment of registered capital), the Pledgors shall urge the Company to record the relevant
situation of the Equity Pledge in the registry of shareholders; the Pledgors shall, within ten (10) days upon the execution hereof and within ten (10) days upon any Pledge Equity change in future (including but not limited to the
supplement and increment of registered capital), together with the Pledgee, handle the relevant Equity Pledge change registration with the competent registration authority (administration authority of industry and commerce), so as to guarantee that
all their actually-contributed registered capital (equity) is always under the pledge to the Pledgee. During the pledge period as stipulated in this Contract, if the Company fails to pay the Service Fees Payable in accordance with the Exclusive
Business Cooperation Agreement, the Pledgee will be entitled but have no obligation to dispose of the Pledge Equity in accordance with the relevant stipulation hereof. 

 

	3.	Pledge Certificate 

  

	3.1	During the pledge period as stipulated herein, the Pledgors shall deliver the registry of shareholders recording the pledge affairs and the documents related to the
equity pledge registration (Letter of Determination on Permitting the Equity Pledge Registration, or Letter of Determination on Permitting the Equity Pledge Change Registration, etc.) to the Pledgee for the Pledgee’s keeping. The
Pledgors shall, within one (1) week upon the execution hereof, deliver the said registry of shareholders and the documents related to the equity pledge registration to the Pledgee. And the Pledgee will keep such materials during the whole
pledge period as stipulated herein. 

  

	3.2	The Pledgors agree and confirm that, during the pledge period as stipulated herein, the Pledgee will be entitled to receive the dividends arising from the Pledge
Equity. 

	4.	Undertakings of the Pledgors 

 The Pledgors
undertake that during the pledge period: 
  

	(a)	The Pledgors will keep legally registering the Company equity as pledged thereby and guarantee that they are entitled to pledge such equity, unless any other
arrangement is made according to the requirement of the Pledgee; 

  

	(b)	Without the prior written consent of the Pledgee, the Pledgors may not sell, transfer, pledge or otherwise dispose of the legitimate or beneficial rights and interests
of the Pledge Equity, or allow anyone to set any other security thereon, or have any negotiation or execute any agreement or arrangement involving the said intent, provided that the pledge as set on the Company equity according to this Contract is
excluded; 

  

	(c)	The Pledgors will supervise and guarantee that, without the prior written consent of the Pledgee, the Company’s board of shareholders or board of directors (or the
executive director) will not sell, transfer, mortgage or otherwise dispose of the Company’s assets, or allow anyone to set any other security on the Company’s assets; 

 

	(d)	In case of any actual or threatened litigation, arbitration or administrative procedures related to the Pledge Equity, the Pledgors will forthwith notify the Pledgee
thereof; 

  

	(e)	In order to keep the validity of the Pledge Equity, the Pledgors will execute all necessary or appropriate documents, adopt all necessary or appropriate actions,
institute all necessary or appropriate proceedings or make all necessary or appropriate defenses for all claims; and 

  

	(f)	Without the prior written consent of the Pledgee, the Pledgors may not have any act and/or omission that may bring any material influence to the assets, business and
liability of the Company. 

	5.	Breach of Contract 

  

	5.1	Any of the following circumstances will be deemed as breach of contract: 

  

	5.1.1	The Company fails to fully pay the Service Fees Payable under the Exclusive Business Cooperation Agreement (and all its annexes) in time or breaches any other
obligation according to this Contract; 

  

	5.1.2	The Pledgors’ undertaking as made in Article 4 hereof has any material misleading or mistake, and/or the Pledgors break any undertaking as made in Article 4;

  

	5.1.3	The Pledgors fail to handle the pledge setting registration and change registration for the Pledge Equity according to this Contract in light of the stipulation hereof;

  

	5.1.4	The Pledgors violate any clause hereof; 

  

	5.1.5	The Pledgors waive the Pledge Equity or disposal of or intend to dispose of the Pledge Equity without the written consent of the Pledgee; 

 

	5.1.6	Any consent, license, approval or authorization (if any) as necessary for the enforceability, legality or effectiveness hereof, which is obtained from the relevant
governmental authority, is withdrawn, suspended, invalidated or materially modified; 

  

	5.1.7	The promulgation of any applicable law causes that this Contract becomes illegal or the Pledgors cannot continue performing their obligations according to this
Contract; 

  

	5.1.8	There occurs any adverse change in the property of the Pledgors, causing that the Pledgee deems that the Pledgors’ ability to perform their obligations according
to this Contract has been influenced; 

	5.1.9	The successor(s) or managing agent(s) of the Company or the Pledgors can only perform part of or refuse to perform any of the obligations under the Exclusive
Business Cooperation Agreement (and all its annexes), Exclusive Option Agreement (and all its annexes) or Power of Attorney; 

  

	5.1.10	In accordance with the provisions of the relevant laws, there exist any other circumstance under which the Pledgors cannot or it is possible that the Pledgors cannot
exercise the right of disposing of the Pledge Equity. 

  

	5.2	In case the Pledgors are aware or find that there occurs any matter as stated in Clause 5.1 or any event which may cause any matter as stated in Clause 5.1, the
Pledgors shall forthwith notify the Pledgee thereof in writing. 

  

	5.3	Unless the matters as stated in Clause 5.1 have been resolved in a way satisfactory to the Pledgee, the Pledgee may, at any time when or after the Pledgors’ breach
of contract occurs, notify the Pledgors of their breach of contract to require the Pledgors to forthwith pay all the Service Fees Payable or other payables under the Exclusive Business Cooperation Agreement or dispose of the Pledge Equity
according to the stipulation of Article 6 hereof. 

  

	6.	Exercise of Right of Pledge 

  

	6.1	Before the Service Fees Payable as stated in the Exclusive Business Cooperation Agreement (and its annexes) is paid off, without the written consent of the
Pledgee, the Pledgors may not dispose of the Pledge Equity or the Company equity as respectively held thereby. 

  

	6.2	When the Pledgee exercises the right of pledge, the Pledgee may send to the Pledgors the notice on their breach of contract. 

	6.3	In accordance with the stipulation of Clause 5.3, the Pledgee may, at the time when or at any time after sending the notice on breach of contract in accordance with
Clause 5.3, exercise the right of disposing of the Pledge Equity. When the Pledgee decides to exercise such right, the Pledgors will not have any right and interest related to the Pledge Equity any more. 

 

	6.4	Upon the occurrence of any breach of contract by the Pledgors, within the scope as permitted by the law and according to the provisions of the relevant law, the Pledgee
will be entitled to obtain the Pledge Equity or dispose of the Pledge Equity in light of the relevant legal procedures, and for the income from such disposal, the Pledgee does not need to pay to the Pledgors; and the Pledgors hereby waive any and
all rights with which they can claim to the Pledgee the income from the disposal of Pledge Equity. 

  

	6.5	When the Pledgee disposes of the Pledge Equity according to this Contract, the Pledgors and the Company shall give the necessary assistance to facilitate the Pledgee to
realize its right of pledge. 

  

	6.6	When the Pledgee exercises the right of pledge according to this Contract, the Pledgee may exercise such right to either of the Pledgors or both of them, and may
exercise all of such right or part of such right, which will not influence the validity of the remaining Pledge Equity, or the Pledgee’s exercise of the rights for other securities as set on the Pledge Equity or the validity thereof, and vice
versa. 

  

	7.	Transfer 

  

	7.1	Without the prior consent of the Pledgee, the Pledgors are not entitled to grant or transfer their rights and obligations under this Contract to anyone else.

  

	7.2	This Contract is binding on the Pledgors, their successors and the permitted transferees, and is effective for the Pledgee and each of its successors and transferees.

	7.3	The Pledgee may at any time transfer any and all of its rights and obligations under the Exclusive Business Cooperation Agreement (and its annexes) to any person
(natural person/legal person) as appointed thereby, and in such case, the transferee shall enjoy and bear the rights and obligations of the Pledgee under this Contract, just as the transferee is an original party to this Contract. When the Pledgee
transfers the rights and obligations under the Exclusive Business Cooperation Agreement (and its annexes), upon the requirement of the Pledgee, the Pledgors and the Company shall execute with the new pledgee a new pledge contract consistent
with the content of this Contract. 

  

	7.4	The Pledgors shall strictly abide by the stipulations of this Contract and other relevant contracts as individually or jointly executed thereby, and perform the
obligations under this Contract and those relevant contracts, and moreover, shall not have any act/omission that may influence the validity and enforceability of this Contract. And without the written instruction of the Pledgee, the Pledgors may not
exercise their remaining rights on the Pledge Equity. 

  

	8.	Termination 

 After the Company
has paid off the Service Fees Payable under the Exclusive Business Cooperation Agreement (and all its annexes), and does not bear any obligation thereunder any more, this Contract will terminate, and if necessary, in the reasonably shortest
time, the Pledgee may cancel or rescind this Contract in advance. 

	9.	Notification 

  

	9.1	Any and all notices or written communication between and among the Parties hereto as provided for under this Contract (including but not limited to the offer, document
or notice as sent according to this Contract) shall be made in Chinese, and be timely served to the receiving Party by means of the personal delivery, through the courier as acknowledged by the Parties hereto, or via the facsimile, telegram or
telex. And any and all notices shall be served to the addresses first above written, unless any Party hereto notifies the other Party of the address change. 

 

	9.2	If the notice is sent by means of the personal delivery or through the courier as acknowledged by the Parties hereto, the notice shall be deemed to have been actually
served on the date of delivery; and if via the facsimile, telegram or telex, the notice shall be deemed to have been served on the first working date following the date as shown in the transmission confirmation sheet thereon.

  

	10.	Dispute Settlement 

 The
execution, validity, interpretation, performance, modification, termination and dispute settlement of this Contract shall be governed by the laws of the People’s Republic of China. And any and all conflicts, disputes or right claims caused by
or in connection with the performance, interpretation, breach, modification, termination or validity hereof shall be settled by the Parties hereto through friendly consultation. The consultation thereon shall forthwith commence upon the Party which
has the objection notifying other relevant Parties of the dispute. And if no agreement can be reached within thirty (30) days upon the service of such notice, upon the requirement and notification of the Party that has the objection, the
Parties hereto shall turn to the arbitration institution. The Parties hereto agree that the dispute will be submitted to China International Economic and Trade Arbitration Commission, which will give the arbitral award in accordance with the then
effective rules. The arbitral award will be binding on both Parties hereto and the place of arbitration will be Beijing. During the period of dispute settlement, other than those involved in the dispute, the Parties hereto shall continue exercising
their respective rights and performing their respective obligations under this Contract. 

	11.	Modification 

 Any and all
modifications, supplements or changes hereof shall be made in written form. 
  

	12.	Effectiveness 

 This Contract
will become effective on the date when this Contract is signed and sealed by all the Parties hereto and the equity pledge is recorded in the Company’s registry of shareholders. 

 IN WITNESS WHEREOF, the Parties hereto have caused this Contract to be executed on the date first
above written. 
 Signatories: 

QIGI&BODEE International Technology (Beijing) Limited 
  

			
	Authorized representative:	 	 /s/ Xu Enhai

		 	Xu Enhai
		
	Seal:	 	

 QIGI&BODEE Technology (Beijing) Co., Limited 

 

			
	Authorized representative:	 	 /s/ Xu Enhai

		 	Xu Enhai
		
	Seal:	 	

  

			
	Xu Enhai
		
	Signature:	 	 /s/ Xu Enhai

	
	Han Deling
		
	Signature:	 	 /s/ Han Deling

 Amendment Agreement of Equity Pledge Agreement 

This Amendment Agreement of the Equity Pledge Agreement (hereinafter referred to as “this Amendment Agreement”) is entered into
by and among the following parties (each a “Party” and collectively “Parties”) as of November 11, 2010 in Beijing city, the People’s Republic of China (hereinafter referred to as “China” or “the
PRC”): 
 1. QIGI&BODEE International Technology (Beijing) Limited (hereinafter referred to as the “Pledgee”),
a wholly foreign-owned enterprise duly incorporated and validly existing in accordance with Chinese law with its domicile at 3F, Building 1, No.13 Yongchang North Road, Beijing Economic-Technological Development Area, Beijing. 

2. QIGI&BODEE Technology (Beijing) Co., Limited (hereinafter referred to as the “Company”), a limited liability
company duly incorporated and validly existing in accordance with Chinese law with its domicile at Room 401, Building 402, Yard 10A, Jiuxianqiao North Road, Chaoyang District, Beijing. 
 3. XU Enhai, a Chinese natural person. ID card number: 220224197109224214. 
 4. HAN
Deling (together with XU Enhai hereinafter collectively referred to as the “Pledgors”), a Chinese natural person. ID card number: 370205197011225028. 
 WHEREAS: 
 1. The Parties entered into the Equity Pledge Agreement (hereinafter
referred to as the Original Contract) as of February 5, 2010. For the purpose of guaranteeing the Company’s performance of debts to the Pledgee, the Pledgors shall pledge to the Pledgee all of their equity interest in the Company
accrued from their paid-in contributions to the Company as of the date of signing the Original Contract. 
 2. The Company’s registered
capital is RMB 30 million Yuan, among which XU Enhai subscribes for RMB 20 million Yuan and HAN Deling subscribes for RMB 10 million Yuan. As of the date of signing the Original Contract, XU Enhai had paid in RMB 20 million Yuan
and HAN Deling RMB 2.1 million Yuan. 
 3. HAN Deling’s paid-in contributions to the Company have increased to RMB 10 million
Yuan as of the signing date hereof. Thus both XU Enhai and HAN Deling have paid up all the capital contributions they have subscribed for. 
 4.
The Parties agree that HAN Deling may pledge to the Pledgee all her contributions with respect to the Company’s registered capital. 
 Now
therefore, the Parties unanimously reach this Amendment Agreement as follows: 
 1. HAN Deling shall, as one of the Pledgors under the Original
Contract, increase the total paid-in contributions to the Company which are pledged to the Pledgee to RMB 10 million Yuan. 

 2. The Company shall record the change in the equity interests pledged by HAN Deling in the register of
members as of the signing date hereof. 
 3. With respect to all the aforesaid equity interest accrued from paid-in capital contributions to the
Company, XU Enhai and HAN Deling, together with the Plegee, shall go through the formalities to register the equity pledge with the industry and commerce administration authority. 
 4. Except for the modifications made herein, all terms and conditions as specified in the Original Contract shall remain effective and enforceable. 

In consideration of the above-mentioned stipulations, this Amendment Agreement shall come into force as of the signing date upon the execution by the
Parties and together with the Original Contract constitute an entire agreement. This Amendment Agreement shall be executed in five copies with each party holding one copy and the rest shall be used for the registration of the equity pledge. Each
copy shall have the same legal effect and force. 
 (The remainder of this page is intentionally left blank.) 

 Signing parties: 
 QIGI&BODEE International Technology (Beijing) Limited (common seal) 
  

			
	Signature of authorized representative:	 	 /s/ Xu Enhai

		 	Xu Enhai

 QIGI&BODEE Technology (Beijing) Co., Limited (common seal) 

 

			
	Signature of authorized representative:	 	 /s/ Xu Enhai

		 	Xu Enhai

  

			
	XU Enhai	 	
		
	Signature:	 	 /s/ Xu Enhai

	
	HAN Deling
		
	Signature:	 	 /s/ Han Deling

 Signing page of Amendment Agreement of Equity Pledge AgreementEX-4.13

 Exhibit 4.13 

Exclusive Option Agreement 
 THIS EXCLUSIVE OPTION AGREEMENT (hereinafter “Contract”) was made and entered into by and between the following two Parties in Beijing Municipality, China on February 5, 2010:

 QIGI&BODEE International Technology (Beijing) Limited (hereinafter referred to as “WFOE” or “Purchase Right Owner”),
a wholly foreign-owned enterprise established and existing according to the laws of the People’s Republic of China, with the current domicile of F/3, Building 1, No.13, Yongchang (N) Road, Beijing Technology Development Zone, Beijing
Municipality, China; 
 QIGI&BODEE Technology (Beijing) Co., Limited (hereinafter referred to as “QIGI TECHNOLOGY” or
“Company”), a limited liability company established and existing according to the laws of the People’s Republic of China, with the current domicile of Room 1410, Office Building, No.76, Zhichun Road, Haidian District, Beijing
Municipality, China; 
 Xu Enhai (hereinafter referred to as “Shareholder”, and collectively referred to as “Both
Shareholders” together with Han Deling), a Chinese natural person, residing at No.2399, Liaoning Road, Chaoyang District, Changchun City, Jilin Province, with the ID card No. of 220224197109224214, who holds 66.7% of the equity of QIGI
TECHNOLOGY; and 
 Han Deling (hereinafter referred to as “Shareholder”, and collectively referred to as “Both Shareholders”
together with the above Xu Enhai), a Chinese natural person, residing at Room 402, Unit 4, Building 2, No.49, Dunhua Road, Shibei District, Qingdao City, Shandong Province, with the ID card No. of 370205197011225028, who holds 33.3% of the equity of
QIGI TECHNOLOGY. 

 All the Parties hereto acknowledge that this Contract is binding on them and agree as follows: 

Article 1 Interpretation 
  

	1.1	Unless otherwise provided in the Contract, any and all terms or annexes as mentioned herein shall refer to the terms hereof or annexes hereto. And the schedules and
annexes hereto shall be deemed as an integral part to the Contract. 

  

	1.2	Subject to the context, any Party mentioned herein shall also include its the successor, legal representative and authorized transferee thereof.

  

	1.3	The titles herein are only used for reference, and shall not affect the interpretation hereof. 

 

	1.4	The confirmation, information, understanding and acknowledgement of any Party hereunder shall be deemed to have been made by such Party based on reasonable
investigation. 

 Article 2 Sale and Purchase of Equity 

2.1 Grant of Rights 
 In accordance with the terms and conditions hereof, Both Shareholders hereby grant the Purchase Right Owner the exclusive and irrevocable right (“Equity Purchase Right”), that the Purchase Right
Owner or any person appointed by the Purchase Right Owner (individually referred to as “Equity Purchaser”) may, in one or more transfers as determined by the Purchase Right Owner at its discretion,

 
purchase part or all the equity held either Shareholder, and pay the corresponding consideration to such Shareholder for the transfer(s). Both Shareholders hereby waive their respective right of
first refusal on the equity of the Company as provided for in the articles of association of the Company and the relevant laws, and hereby irrevocably agree to the other Shareholder’s transfer of the equity as held thereby in the Company to the
Equity Purchaser. 
 2.2 Implementation Process 
 On the premise that the then effective laws of China permit the Equity Purchaser to hold the equity to be purchased, the Purchase Right Owner may, upon sending the proposed notice to Both Shareholders
regarding the intent of equity purchase (“Equity Purchase Notice”), exercise the Equity Purchase Right at any time. The Equity Purchase Notice shall specify: (a) the Purchase Right Owner’s decision to exercise the Equity Purchase
Right; (b) the amount of the equity that the Purchase Right Owner intends to purchase from Both Shareholders (“Purchased Equity”); (c) the identity of the Equity Purchaser; and (d) the purchase date/equity transfer date.

 2.3 Transfer of the Purchased Equity 
 Every time the Purchase Right Owner exercises the Equity Purchase Right: 
  

	 	(a)	The Shareholder who will sell the Purchased Equity shall, in accordance with the stipulations of this Contract and the Equity Purchase Notice, execute with the Equity
Purchaser an equity transfer contract with respect to the Purchased Equity; 

  

	 	(b)	The Company shall, and the involved Shareholder shall urge the Company to, modify the articles of association and handle the relevant industrial and commercial
registration formalities, so as to reflect the transfer of the Purchased Equity to the Equity Purchaser; and 

  

	 	(c)	The involved Shareholder and the Company shall, in light of the requirements as reasonably raised by the Purchase Right Owner from time to time, execute the relevant
documents and take the relevant actions, facilitating the Equity Purchaser to become the legal owner of the unencumbered Purchased Equity. 

 2.4 Equity Price and Payment 
 Unless an evaluation is required by the law, the consideration for all the equity of the Company under this Contract shall be RMB one(1) Yuan. 
 Upon receipt of all the relevant approvals, registrations or records as well as the ownership documents of the Purchased Equity which the Purchase Right Owner deems fit, the Equity Purchaser shall pay
consideration to the relevant Shareholder for the equity in cash. 
 Article 3 Undertakings 

3.1 Undertakings of the Company 
 The Company
undertakes that, and the Shareholders shall undertakes to cause the Company to carry out that, 
  

	(a)	Without the written consent of the Purchase Right Owner or otherwise permitted by this Contract, the Company will not, at any time commencing from the execution date
hereof, assist anybody in handling the sale, transfer or other disposal of any legitimate or beneficial rights and interests of the Company’s assets, or allow anybody to set any encumbrance to the legitimate or beneficial rights and interests
of the Company’s assets; 

	(b)	Without the prior written consent of the Purchase Right Owner, the Company will not, at any time commencing from the execution date hereof, increase or decrease the
registered capital, or change the structure of the registered capital; 

  

	(c)	The Company will manage the corporate business in a cautious way, so as to maintain the value of the assets and equity; 

 

	(d)	In order to maintain the asset ownership and validate this Contract and the transactions under this Contract, the Company will execute all the necessary or appropriate
documents, take all the necessary or appropriate actions and institute all the necessary or appropriate proceedings or make all the necessary or appropriate defenses; 

 

	(e)	Without the prior written consent of the Purchase Right Owner, the Company will not in any way make any supplement, change or modification to the articles of
association; 

  

	(f)	With respect to the equity under this Contract, the Company will transfer to the Equity Purchaser all the documents as necessary for the execution of purchased equity
and take all the necessary actions; 

  

	(g)	The Company will maintain its existence in light of the good financial and commercial standards and practices, and cautiously and effectively manage its business and
handle the relevant affairs; 

  

	(h)	The Company will not create, bear, guarantee or permit the existence of any debt, provided that (i) the debt which is created by the normal or daily business
instead of by any borrowing; and (ii) the debt which has been disclosed to the Purchase Right Owner and has been approved by the Purchase Right Owner in writing are excluded; 

	(i)	Without the prior written consent of the Purchase Right Owner, the Company will not supply any loan or credit to anybody; 

 

	(j)	The Company will, in light of the requirements as raised by the Purchase Right Owner from time to time, supply to the Purchase Right Owner all the materials relating to
the Company’s operation and financial status; 

  

	(k)	The Company will keep buying insurance from the insurance company as accepted by the Purchase Right Owner, and the insurance premium and type shall be the same as the
insurance premium and type of the companies in the same region which manage the similar business and own the similar property or assets; 

  

	(l)	Without the prior written consent of the Purchase Right Owner, the Company will not merge or consolidate with anyone else. 

 

	(m)	Without the prior written consent of the Purchase Right Owner, the Company will not acquire anyone else or invest in anyone else; 

 

	(n)	Without the prior written consent of the Purchase Right Owner, the Company will not execute any major contract (i.e. a contract with the sum of more than RMB
1 million Yuan); 

  

	(o)	Without the prior written consent of the Purchase Right Owner, the Company will not in any way announce or distribute any dividend to the Shareholders;

  

	(p)	Without the prior written requirement or consent of the Purchase Right Owner, the Company will not appoint or replace any senior officer; 

	(q)	In case of any actual or threatened litigation, arbitration, administrative procedures or governmental investigation or act which may affect the assets、business
or income of the registered capital or the company, the Company will forthwith notify the Purchase Right Owner thereof, and without the consent of the Purchase Right Owner, the Company may not pursue a reconciliation; 

 

	(r)	Upon the requirement of the Purchase Right Owner, the Company will at any time give the pledge or mortgage as set on the assets to the Purchase Right Owner, and will,
for the validity of such pledge or mortgage, execute all the necessary or appropriate documents, make all the necessary or appropriate registrations, and take all the necessary or appropriate actions; and 

 

	(s)	The Company will strictly perform its obligations under each contract as executed thereby with the Purchase Right Owner. 

3.2 Undertaking of the Involved Shareholder 

Both Shareholders undertake that, 
  

	(a)	Without the prior written consent of the Purchase Right Owner, neither Shareholder will, at any time commencing from the execution date hereof, sell, assign, transfer
or otherwise dispose of any legitimate or beneficial rights and interests of the Company’s assets/the equity as held thereby, or allow anybody to set any encumbrance to the legitimate or beneficial rights and interests of the Company’s
assets/the equity as held thereby; provided that the pledge of all the Shareholder equities made according to the Equity Pledge Contract as executed by, between and among the Shareholders, the Company and the Purchase Right Owner is excluded
on February 5, 2010; 

  

	(b)	For the affairs on the maintenance of the rights related to the Company equity, the Shareholders will execute all the necessary or appropriate documents, take all the
necessary or appropriate actions and institute all the necessary or appropriate proceedings or make all the necessary or appropriate defenses; 

	(c)	Both Shareholders agree that, either Shareholder or the Company may, in light of the right of the Purchase Right Owner or the pledgee as specified in this Contract or
the aforesaid Equity Pledge Contract, transfer any equity to the Equity Purchaser or other agreed object; 

  

	(d)	With respect to the Company equity, the Shareholders will waive all the right of first refusal; and 

 

	(e)	For the extra equity as purchased from time to time, the Shareholders will, in accordance with the stipulation of Article 2.1 hereof, grant the Purchase Right Owner the
Equity Purchase Right. 

 Article 4 Representations and Warranties 

4.1 Representations and Warranties of the Shareholders and the Company 
 On the execution date hereof and the date when each equity purchase is completed, Both Shareholders and the Company hereby state and undertake to the Purchase Right Owner as follows: 

 

	(a)	The Company is a legal entity that was duly established, is effectively existing and has been effectively registered in accordance with the laws of the People’s
Republic of China, and has the power and legal authorization to own, hold, lease and manage its assets and its current and past business; 

  

	(b)	The Shareholders and the Company fully have the legal right, power and authorization to execute this Contract and perform their respective obligations under this
Contract. The Shareholders and the Company have formally authorized, executed and delivered this Contract, and if the Purchase Right Owner also formally authorizes, executes and delivers this Contract, this Contract will constitute the valid and
restrictive obligations to the Shareholders and the Company, which can be enforced in accordance with the clauses hereof; 

	(c)	The execution and delivery of this Contract, the completion of the proposed transactions under this Contract, and the performance and observation of the terms and
conditions under this Contract will not: (i) violate any law or regulation which applies to either Shareholder or the Company or is binding on either Shareholder or the Company, or any judicial or administrative order, award, judgment or
decree; (ii) conflict with the terms, conditions or rules of the organizational documents of the Company; or (iii) result in a violation of any agreement, contract, document or clause to which either Shareholder or the Company is a party,
or a breach thereof; 

  

	(d)	Unless otherwise restricted by the applicable Chinese laws, the articles of association of the Company, this Contract or the Equity Pledge Contract, Both
Shareholders have the indefective, tradable and unencumbered ownership to their respective equity; 

  

	(e)	On the execution date hereof, the registered capital of the Company has been paid up, the Company does not offer any other equity option to anyone and will not bear any
other equity offering obligation; 

  

	(f)	The Company owns or has the right to use all the assets as necessary for the business that the Company is developing or intends to develop, and for all the assets that
the Company owns or has obtained the license thereon, the Company has the indefective, tradable and unencumbered ownership; 

	(g)	The Company does not grant anyone any loan or supply any security for the debt of anyone; 

 

	(h)	The Company is not a party of any of the following contracts or agreements: 

 (i) partnership enterprise or joint venture enterprise agreement; 
 (ii) the
contract bearing any undertaking that the Company will not compete with a certain person/organization in a certain industry or region, or a certain person/organization will not compete with the Company in a certain industry or region; 

(iii) the contract on the Company’s acquiring any equity of anyone; or 

(iv) the contract related to any loan. 
  

	(i)	There does not exist or involves (i) either Shareholder, (ii) the property or assets of any Shareholder related to the Company’s business, (iii) the
Company, or (iv) any pending assets of the Company or threatened litigation, lawsuit, claim or legal, administrative or arbitral process or investigation as known by either Shareholder or the Company; 

 

	(j)	The Company has been always abiding by all the applicable Chinese laws. The Company is not involved in the prosecution or threatened prosecution of violation of any
national, provincial or local law, regulation, order, judgment or decree, and is not involved in any investigation on such violation; 

  

	(k)	The Company is approved or owns all the licenses necessary for operation. All the licenses have the complete legal validity; the Company does not commit a material
breach of any license provision and does not have any such record; there does not exist any pending or threatened administrative or criminal process which may lead to the cancellation or bring any restriction to the licenses as known by either
Shareholder or the Company; and 

  

	(l)	The Company has paid all the income taxes, value-added taxes, business taxes and other taxes payable thereby, and all the insufficient parts, interests, additional
taxes or interests, fines and the expenses as incurred due to the proposed adjustment of any of the above paragraphs which is involved in any dispute, and the Company has timely submitted all the tax declaration. There does not exist any fine or
other expense payable by the Company due to the late submission of any tax declaration, or any dispute or claim related to the Company’s taxes (or any threatened dispute or claim as known by either Shareholder or the Company).

 4.2 Statement and Guarantee of the Purchase Right Owner 

On the execution date hereof and the date when each asset or equity purchase is completed, the Purchase Right Owner hereby states and undertakes to Both
Shareholders and the Company as follows: 
  

	(a)	The Purchase Right Owner is a legal entity that was formally established, is effectively existing and was effectively registered in accordance with the laws of the
People’s Republic of China, and has the power and legal authorization to own, hold, lease and manage its assets and its current and past business; 

  

	(b)	The Purchase Right Owner fully has the legal right, power and authorization to execute this Contract and perform its obligations under this Contract. The Purchase Right
Owner has formally authorized, executed and delivered this Contract, and if other Parties hereto also formally authorize, execute and deliver this Contract, this Contract will constitute the valid and restrictive obligations to the Purchase Right
Owner, which can be enforced in accordance with the clauses hereof; 

  

	(c)	Unless otherwise provided herein, for the execution, delivery and performance hereof, the Purchase Right Owner does not need to make any governmental or individual
record or send any notice thereon, and does not need to obtain from any governmental authority or individual any license, permit, consent, authorization, qualification, order or other approval; 

 

	(d)	The execution and delivery of this Contract, the completion of the proposed transactions under this Contract, and the performance and observation of the terms and
conditions under this Contract will not: (i) violate any law or regulation which applies to the Purchase Right Owner or is binding on the Purchase Right Owner, or any judicial or administrative order, award, judgment or decree;
(ii) conflict with the terms, conditions or rules of the organizational documents of the Purchase Right Owner; or (iii) result in a violation of any agreement, contract, document or clause to which the Purchase Right Owner is a party, or a
breach thereof; 

 4.3 If Both Shareholders make any statement and guarantee in the annexes hereto, such statement and
guarantee will, together with the statement and guarantee of this Clause, constitute the complete statement and guarantee, and will be equally binding therewith. 
 Article 5 Sale and Purchase of the Assets 
 5.1 Notwithstanding Both Shareholders grant the
Purchase Right Owner or anyone as appointed by the Purchase Right Owner an irrevocable and exclusive right to purchase all or part of the equity of either Shareholder in the Company, the Company hereby specially confirms that, such exclusive
purchase right shall also be deemed as an irrevocable and exclusive right with which the Purchase Right Owner or anyone as appointed by the Purchase Right Owner may purchase all or part of the assets of the Company (including but not limited to all
the tangible and intangible assets that the Company currently owns or will obtain in future, such as the trademark right and domain, etc.). All the terms and conditions herein (including the price term) will apply to the Purchase Right Owner or
anyone as appointed thereby purchasing all or part of the assets of the Company, unless the application of such terms and conditions will lead to a violation of the relevant laws and regulations. 

 5.2 The Purchase Right Owner may select to purchase all or part of the equity of either Shareholder in the
Company, or purchase all or part of the assets of the Company, or purchase both thereof. 
 Article 6 Transfer 

Unless otherwise provided herein, without the prior written consent of the remaining Parties hereto, none of the Parties hereto may transfer any right,
interest or obligation thereof hereunder to anyone else, no matter in whole or in part, while the Purchase Right Owner may transfer its right and obligation under this Contract to any affiliated party thereof at any time. And on such premise, this
Contract will be binding on not only the Parties hereto but also their respective successors and transferees, and may be performed by such successors and transferees. 
 Article 7 Effectiveness Date and Period 
 This Contract will become effective on the date when
being executed by the Parties hereto, and will keep valid during the whole operation period of the Company, and in addition, the operation period of the Company may be extended in accordance with the laws of the People’s Republic of China. And
after the Purchase Right Owner has completely exercised its right to purchase the assets or equity of the Company, this Contract will terminate. 

 Article 8 Miscellaneous 
 8.1 Notification 
 Any and all notices or written communication between the Parties hereto as
provided for under this Contract shall be made in Chinese, and be timely served to the addresses first above written or the appointed addresses as notified by the Parties hereto from time to time by means of the personal delivery, through the
courier, or via the facsimile. And the service date shall be subject to the stipulations as follows: 
  

	(a)	If the notice is sent by means of the personal delivery, the notice shall be deemed to have been actually served on the date of delivery; 

 

	(b)	If the notice is sent through the courier, the notice shall be deemed to have been actually served on the third date following the day when the notice is turned to the
courier; and 

  

	(c)	If the notice is sent via the facsimile, the notice shall be deemed to have been actually served on the first business day of most Chinese banks following the
transmission date as shown in the transmission confirmation sheet. 

 8.2 Applicable Laws and Dispute Settlement 

 

	(a)	The execution, validity, interpretation, performance, modification, termination and dispute settlement of this Contract shall be protected and governed by the laws of
the People’s Republic of China. And the matters not covered by the Chinese laws as formally promulgated or publicly available shall be subject to the international legal principles and practices. 

 

	(b)	Any and all conflicts, disputes or right claims caused by or in connection with the performance, interpretation, breach, modification, termination or validity hereof
shall be settled by the Parties hereto through friendly consultation. The consultation thereon shall forthwith commence upon the Party which has the written consultation requirement of the specific disputes、or right claims notified the other
Party. And if no agreement can be reached within thirty (30) days upon the service of such notice, upon the requirement and notification of the Party that has the objection, the dispute shall be submitted to the arbitration institution.

	(c)	The Parties hereto agree that the dispute shall be submitted to China International Economic and Trade Arbitration Commission, which will give the arbitral award in
accordance with the then effective rules. The arbitral award will be binding on all the Parties hereto and the place of arbitration will be Beijing. 

  

	(d)	Each Party hereto shall give the cooperation in the most practical way and on the principle of good faith, and shall promptly go through the arbitration procedures as
adopted according to the stipulation hereof. 

  

	(e)	The arbitration expenses and expenditures, including but not limited to the arbitration fee, shall be averagely shared by the Parties involved in the arbitration or the
dispute, and each Party shall pay other expenses as caused by itself/himself/herself, the expenses payable by it/him/her while advanced by any other Party, and other expenses as charged by the lawyer. 

 

	(f)	Any arbitral award made by the arbitration commission shall be final and binding on all the Parties hereto. 

 

	(g)	Each Party hereto shall cooperate with other Parties, and completely disclose all the materials and documents related to the arbitration procedures as required by other
Parties, and this stipulation shall only be restricted by the confidentiality obligation that is binding on that Party. 

  

	(h)	During the course of dispute settlement, except for the matters as involved in the dispute, the remaining part hereof shall continue being performed by the Parties
hereto. 

 8.3 Severability 
 In case any clause or stipulation in this Contract is held to be invalid, illegal or unenforceable under a certain law or governmental policy, the remaining clauses and stipulations hereof shall remain
valid, as long as the proposed transaction under this Contract is not materially influenced thereby in economy or in law, which results in a serious adverse influence to any Party hereto. After any clause or stipulation in this Contract is held to
be invalid, illegal or unenforceable, the Parties hereto shall modify this Contract through sincere consultation, try to keep the original intent of the Parties hereto to the utmost extent in a way acceptable to all the Parties hereto, and thus make
the proposed transaction hereunder completed in a way closest to the original plan. 

 8.4 Expenditures 
 On the premise of not conflicting with any other stipulation hereof, the Company shall pay the expenses related to the preparation, execution, delivery, modification and performance hereof and the money
as advanced for it by any other Party hereto, provided that if any Party hereto deliberately or intentionally breaches this Contract, such breaching Party shall compensate the non-breaching Parties for all the expenses related to this Contract and
the money as advanced for it by any other Party hereto. 
 8.5 Waiver 
 Unless explicitly stated in the written document as executed by the Party involved in a waiver, the waiver of any stipulation hereof shall be deemed invalid. In case any Party hereto does not exercise or
delays exercising any right, power or remedial measure hereunder, such Party shall not be deemed to have waived such right, power or remedial measure, and a certain right, power or remedial measure shall not influence neither the exercise thereof in
the future nor the exercise of other rights, powers and remedial measures hereunder. And on the premise of not restricting the above stipulation, if any Party hereto waives the right to investigate the liability of any other Party’s breach of
any stipulation hereof, such Party shall not be deemed to have waived the right to investigate the liability of the breaching Party for further breach of such stipulation or the right to investigate the liability of the breaching Party for breach of
other stipulations hereof. 

 8.6 Successors and Transferees 
 This Contract and other agreements between and among the Parties hereto are binding on the Parties hereto, their respective successors and transferees. 

8.7 Entire Agreement 
 This Contract, together
with other agreements as stated herein, constitutes the entire and sole agreement between and among the Parties hereto in respect of the subject matter hereof, and will supersede all the oral and written agreements, contracts, understandings and
communications as agreed by, between and among the Parties hereto in respect of the content hereof. 
 8.8 Further Warranties 

All the Parties hereto agree that, in order to implement, perform and realize the stipulations and purpose of this Contract, they will forthwith execute
the reasonable, necessary and appropriate documents, and take the reasonable, necessary or beneficial further actions. 
 8.9 Modification

 No modification, change or supplement may be made unless a written document thereon is executed by all the Parties hereto. 

 IN WITNESS WHEREOF, the Company, Shareholders and Purchase Right Owner have caused this Contract to
be executed on the date first above written. 
 Signatories: 
 QIGI&BODEE International Technology (Beijing) Limited 
  

			
	Authorized representative:	 	 /s/ Xu Enhai

		 	Xu Enhai
	Seal:	 	

 QIGI&BODEE Technology (Beijing) Co., Limited 

 

			
	Authorized representative:	 	 /s/ Xu Enhai

		 	Xu Enhai

  

			
	Seal:
	  
 Xu Enhai

 

	Signature:	 	 /s/ Xu Enhai

			
	Han Deling
		
	Signature:	 	 /s/ Han Deling

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