Document:

Exhibit 10.9

 

English translation

 

Exclusive Smoore Factory Cooperation Agreement

 

Signing Place: Shenzhen, Guangdong

 

Signing Date: October 24, 2019

 

Party A1:  Beijing Wuxin Technology Co., Ltd.

 

Legal Representative: WANG Ying

 

Address: Room 501-A2, Floor 5, No.20 Gongti East Road, Chaoyang District, Beijing

 

Party A2: Shenzhen Wuxin Technology Co., Ltd.

 

Legal Representative: WANG Ying

 

Address: B402, Phase II, Boton Science Park, No.1044 Chaguang Road, Shuguang Community, Xili Street, Nanshan District, Shenzhen

 

Party A3: Ningbo Wuxin Information Technology Co., Ltd.

 

Legal Representative: WANG Ying

 

Address: Room 555, Office Building 19, No.1 Meishan Saltworks, Beilun District, Ningbo

 

Party A4: Shenzhen Wuxin Brothers Technology Co., Ltd. (in Establishing)

 

Party A5: Shenzhen Wuxin Brothers Technology Co., Ltd. Shiyan Branch (in Establishing)

 

(Party A1, Party A2, Party A3, Party A4 and Party A5 are hereinafter collectively referred to as “Party A”)

 

Party B1: Shenzhen Smoore Technology Co., Ltd.

 

Legal Representative: CHEN Zhiping

 

Address: No.16 Dongcai Industrial Zone, Gushu Community, Bao’an District, Shenzhen

 

Party B2: Shenzhen Smoore Brothers Technology Co., Ltd.

 

Legal Representative: BU Zhiqiang

 

Address: Building 1, No.1 Datianyang South 2 Road, Hongxing Community, Songgang Street, Bao’an District, Shenzhen

 

Party B3: Shenzhen Smoore Brothers Technology Co., Ltd. Shiyan Branch

 

Legal Representative: BU Zhiqiang

 

1

 

Address:  Floor 1, Building 2, Wangda Industrial Park, West of Songbai Highway, Tangtou Community, Shiyan Street, Bao’an District, Shenzhen

 

(Party B1, Party B2 and Party B3 are hereinafter collectively referred to as “Party B”)

 

2

 

Based on the principles of fairness, justice and mutual benefit, the Parties enter into this Agreement through consultation in order to establish a long-term, stable and close cooperative partnership. The specific terms of this Agreement are as follows:

 

	
No.
    	
 
    	
Content
    
	
1.
    	
 
    	
Party B has leased from the owner the electronic   atomizer production factory located at Qinshi Building, Wangda Industrial   Zone, Tangtou Village, Shiyan Street, Bao’an District, Shenzhen (“Shiyan   Factory”). The factory has skilled workers and management team that can meet   the production requirements and operate at full capacity. The factory has   been put into production and the production is in good condition. With the   prior consent of the owner of Shiyan Factory, Party B agrees that Party A   will lease the factory directly from the owner to meet the production needs   of Party A’s electronic atomizers. In order to reflect the spirit of friendly   cooperation between the Parties, Party B has implemented the new cooperation   mode between the Parties through the price settlement method and unit price   mutually agreed upon by the Parties from October, 2019.
    
	
 
    	
 
    	
 
    
	
2.
    	
 
    	
Party A agrees to pay Party B a lump sum of   RMB62,756,161 (amount in words: Renminbi Sixty-two Million Seven Hundred and   Fifty-six Thousand One Hundred and Sixty-one only) (“Party A’s One-time Fixed   Investment”). The money will be used to purchase all the equipment involved   in the production of electronic atomizer products at Shiyan Factory, and   Party B will pay all the decoration expenses. Party A shall remit the above   sum to the bank account designated by Party B in a lump sum before   November 5, 2019.

 

Thereinto, Party A shall bear the decoration   amount of RMB30,181,253 (tax inclusive) and the equipment amount of   RMB32,574,908 (tax inclusive). Please refer to the Attachment hereto for the   corresponding lists of the above amounts, calculation method and the amounts   exclusive of tax.
    
	
 
    	
 
    	
 
    
	
3.
    	
 
    	
The Parties agree that: Party B will issue VAT   special invoices with a tax rate of 13% for machinery and equipment based on   the actual situation. Party B will issue VAT special invoices with a tax rate   of 6% for decoration (subject to the invoices approved by the tax authority)   based on the actual situation (The specific payable amount shall be subject   to the tax rate recognized by the tax authority and the qualified invoices   that can be issued (price with tax included). If the tax rate is lower than   13%, the invoice and settlement amount shall be determined in principle that   the amount excluding tax remains unchanged). If Party B is unable to issue   the invoices for decoration, both Parties shall enter into a supplementary   agreement through friendly negotiation.

 

The Parties agree and confirm that, in order   to facilitate Party A’s compliance with its financial and audit requirements,   formal handover and invoicing of the above equipment and decoration shall   begin immediately after Party A5 (Party A’s project company) has been   successfully registered and qualified as a general taxpayer. All risks and   rewards of the above-mentioned equipment and decoration will then be   transferred. Party A shall complete the above matters as soon as possible so   that Party B can issue relevant invoices.
    

 

3

 

	
 
    	
 
    	
The above matters at the execution level of   both Parties shall be post-contract obligations, which shall not affect the timely   performance of other rights and obligations under this Agreement.
    
	
 
    	
 
    	
 
    
	
4.
    	
 
    	
The term of cooperation under this Agreement   shall be from the date of this Agreement until April 30, 2023 (or if   earlier, the date of the owner’s unilateral resumption of the factory).   Within 6 months prior to the termination of this Agreement, Party A and Party   B may negotiate on matters concerning the continuation of cooperation and   enter into a separate written agreement for confirmation.
    
	
 
    	
 
    	
 
    
	
5.
    	
 
    	
On the premise of meeting all order   requirements, product specifications and quality requirements of Party A,   Party A warrants that Party B shall be the only exclusive supplier for the   production and manufacture of its ceramic heating atomizers during the   aforementioned period of cooperation.

 

Party B warrants that Shiyan Factory shall   only produce Party A’s products and guarantees that the production capacity   of the factory shall be optimized and effectively utilized. However, in the   event of force majeure, Party B may, upon prior written notice and with   consent of the senior management of both Parties through friendly   consultation, use the spare capacity to produce other products in accordance   with the agreed scope to maintain labor relationship with skilled workers and   perform its employment obligations. In order to meet the order requirements   of Party A, Party B guarantees that the monthly production capacity of Shiyan   Factory will be no less than 30 million cartomizers. 
    
	
 
    	
 
    	
 
    
	
6.
    	
 
    	
In order to ensure normal production and meet   the order requirements of Party A, Party A shall, with the prior consent of   the owner, directly lease from the owner the premises of Shiyan Factory   (including the in-factory dormitory) as from November 1, 2019. In   addition, the expenses for materials, labor and utilities shall be borne by   Party B. Other lease-related issues shall be subject to the lease contract by   and between Party A and the owner.

 

The transition period shall be from the date   of signing of this Agreement to October 31, 2019. The Parties agree to   enter into a tripartite agreement with the owner to enable Party A5 to   register the second floor as its registered address and Party B3 to continue   to maintain the first floor of the premises as its registered address.

 

Party A may set up a wholly-owned subsidiary at   Shiyan Factory as Party A5, which shall assume the same rights and   obligations in accordance with this Agreement.

 

During the period of cooperation, Party B   shall bear the daily maintenance expenses of all the equipment in the normal   operation of Shiyan Factory. If it is necessary to replace or improve the   equipment, Party B shall be responsible for replacing or improving the   equipment, provided that Party A shall pay the expenses incurred by Party B   in such process.
    

 

4

 

	
7.
    	
 
    	
Both Parties agree that the purchase price of   the products during the cooperation period will be based on the operation   mode of this Agreement and determined separately by a written supplementary   agreement in the principle of mutual benefit. In case of major changes in the   market situation during the cooperation period, both Parties shall make   corresponding adjustments through consultation.
    
	
 
    	
 
    	
 
    
	
8.
    	
 
    	
In order to carry out close cooperation and   achieve effective production and marketing coordination, the designated   personnel of Party A shall prepare and update the monthly demand information   for the next 3 months in advance and send it to the designated personnel of   Party B in writing, so as to facilitate Party B’s arrangement of the   production plan. If Party B has to crash the schedule or be in idle due to Party   A’s temporary change of monthly demand plan, Party A shall bear the waste of   materials and labor losses caused thereby.
    
	
 
    	
 
    	
 
    
	
9.
    	
 
    	
Both Parties agree that the ownership and   other risks of the products required by Party A’s orders will be transferred   to Party A immediately after Party B delivers the products to the finished   product warehouse designated by both Parties at Shiyan Factory. After that,   Party A shall be responsible for the distribution and transportation of   relevant goods.
    
	
 
    	
 
    	
 
    
	
10.
    	
 
    	
Other than the relevant intellectual   properties that Party B authorizes Party A to use for the purpose of this   Agreement, the Parties confirm that neither Party shall, as a result of this   Agreement, acquire any intellectual property or other property rights   belonging to the other Party in connection with the contents hereof.

 

Party A and Party B guarantee that they will   not infringe the intellectual properties or other property rights of the   other Party or any third party during the performance of this Agreement.   Otherwise, such Party shall compensate the other Party or any third party for   all losses caused thereby.

 

If either Party intends to use the trademark,   image or materials of the other Party for publicity and promotion, prior   written consent shall be obtained from the other Party.
    
	
 
    	
 
    	
 
    
	
11.
    	
 
    	
Each Party shall keep strictly confidential   all information obtained at any time and in any way from the other Party   (including but not limited to business materials, trade secrets, business   models, design ideas, customer lists, financial information) and information   related to this Agreement. The foregoing information belongs to the property   of the other Party and shall be returned or deleted upon the request of the   other Party.
    

 

5

 

	
 
    	
 
    	
Without the prior written consent of the other   Party, neither Party shall in any way disclose the above confidential   information to any third party or use the above confidential information for   purposes other than this Agreement. Otherwise, all losses caused thereby,   including but not limited to claims, litigation and arbitration fees,   attorney’s fees, investigation and evidence collection fees incurred by the   other Party shall be borne by the disclosing Party. The obligations of the Parties   under this Section shall survive the termination or expiration of this   Agreement.
    
	
 
    	
 
    	
 
    
	
12.
    	
 
    	
After this   Agreement comes into effect, except as   otherwise provided in laws, regulations and other normative documents or   otherwise agreed herein, neither Party shall alter, terminate or rescind this Agreement without the written consensus of   both Parties.

 

Party A and Party   B shall abide by the provisions of this Agreement. If either Party breaches this Agreement, the non-default Party shall have the right to require the default Party to bear the corresponding liability for damages caused to the non-default Party. Party A and Party B   agree that, with respect to the following agreement, in case of breach of contract, the liquidated damages shall be   calculated at 20% of the actual transaction amount of the Parties for 12 months prior to the   occurrence of the breach, but the maximum amount shall be RMB100 million:

 

(I)               Party A, in   violation of the exclusive purchase   provisions of this Agreement and without the prior written consent of Party   B’s authorized representative, purchases from any third party and/or entrusts   a third party to produce ceramic heating atomizer components to be utilized   in ceramic electric atomizer products for external sales by Party A. Notwithstanding the foregoing, in the event that Party B   is unable to meet Party A’s order requirements, product specifications or   quality requirements or there is any other material production or capacity   issue (including but not limited to investigation by the government,   compliance issues, integrity issues, quality recall   problems, infringement of intellectual properties, and product liability   litigation), the senior management of both Parties shall,   prior to the occurrence of breach, determine the settlement and solution   through friendly negotiation.

 

(II)          Without the prior written consent of Party A’s authorized   representative, Party B arranges the production of other customer orders at Shiyan Factory.

 

(III)     Either Party breaches the confidentiality obligation hereunder.

 

(IV)      Either Party unilaterally changes the mode of production, manufacturing and   service cooperation hereunder.

 

(V)           Either Party unilaterally terminates this Agreement   early during the term of cooperation.
    

 

6

 

	
13.
    	
 
    	
The execution, performance, termination and   dispute settlement of this Agreement shall be governed by and construed in   accordance with the laws of the People’s Republic of China.

 

Any dispute arising from or in connection with   the performance of this Agreement shall be settled by the Parties through   consultation. If no agreement can be reached through consultation, either Party   may submit the dispute to the Shenzhen Court of International Arbitration for   arbitration. The losing Party shall bear reasonable costs for the settlement   of the dispute, including but not limited to arbitration fees and attorney’s   fees. The arbitration shall take place in Shenzhen. The Parties agree that   the arbitration process shall be kept strictly confidential.
    
	
 
    	
 
    	
 
    
	
14.
    	
 
    	
All notices, requests, inquiries and other   communications shall be sent in writing in English or in Chinese by mail or   letter to the addresses set forth below. The contact persons and contact   information of both Parties are as follows:
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
Party A’s Contact Person: WEN Yilong
    	
Party B’s Contact Person: HAN Jiyun
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Address: [***]
    	
Address: [***]
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Telephone: [***]
    	
Telephone: [***]
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Email: [***]
    	
Email: [***]
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Any information or document sent by a Party   shall be deemed to have been served as follows:

 

(1)             If it is sent by hand, on the date of receiving the service return   receipt;

 

(2)             If it is sent by courier, on the date of delivery or on the third   working day after delivery to the courier (whichever is earlier);

 

(3)             If sent by E-mail, SMS or instant messenger, when successfully sent.

 

In order to protect the rights and interests   of the Parties, the Parties confirm and agree the above means of   communication (including those after being changed), which can also be used   as the address and means of communication for effective service of the   documents sent by judicial organs, administrative organs and arbitration   commissions settling disputes. In case no one signs, replies or anyone   refuses to receive the documents, the above-mentioned units shall also be   deemed to have served the documents after recording the relevant situation,   which shall be legally effective to the Parties.
    
	
 
    	
 
    	
 
    
	
15.
    	
 
    	
1.                  Both Parties agree that this Agreement shall also apply to the new   factory located in Shiyan Street in the future, with the investment and rent   to be discussed separately by both Parties then.

 

2.                  During the term of cooperation, Party B will not carry out its   own-brand closed-system electronic vaping products.
    
						

 

7

 

	
 
    	
 
    	
3.                  The Parties agree that, since they are composed of multiple   affiliates, the Parties shall be jointly and severally liable for the rights   and obligations of their respective affiliates under this Agreement.

 

4.                  Nothing in this Agreement is intended or shall be deemed to create an   employer-employee relationship or a joint venture relationship between the   Parties.

 

5.                  Failure by either Party   to exercise, exercise in part or delay in exercising any of its rights under   this Agreement does not constitute a waiver of such rights or any other   rights unless such Party expressly waives its rights in   writing.

 

6.                  Neither Party shall assign its rights or obligations   under this Agreement without the written consent of the other Party.

 

7.                  Matters not covered herein shall be settled by a written supplementary   agreement signed by both Parties through friendly   consultation. The supplementary agreements shall have the same legal effect   as this Agreement.

 

8.                  This Agreement shall come into effect upon being   sealed or signed by authorized representatives of both Parties. This Agreement is made in octuplicate, with one counterpart   held by each Party respectively, which shall have the same   legal effect.
    

 

8

 

(Signature Page)

 

	
Party A1 (Seal): [Beijing Wuxin   Technology Co., Ltd. company seal is affixed]
    
	
 
    
	
Representative (Signature):
    	
/s/ WEN Yilong
    	
 
    

 

	
Party A2 (Seal): [Shenzhen Wuxin Technology   Co., Ltd. company seal is affixed]
    
	
 
    
	
Representative (Signature):
    	
/s/ WEN Yilong
    	
 
    

 

	
Party A3 (Seal): [Ningbo Wuxin   Information Technology Co., Ltd. company seal is affixed]
    
	
 
    
	
Representative (Signature):
    	
/s/ WEN Yilong
    	
 
    

 

	
Party A4 (Seal):
    
	
 
    
	
Representative (Signature):
    	
/s/ WEN Yilong
    	
 
    

 

	
Party A5 (Seal):
    
	
 
    
	
Representative (Signature):
    	
/s/ WEN Yilong
    	
 
    

 

	
Party B1 (Seal): [Shenzhen Smoore   Technology Co., Ltd. company seal is affixed]
    
	
 
    
	
Representative (Signature): 
    	
/s/ HAN Jiyun
    	
 
    

 

	
Party B2 (Seal): [Shenzhen Smoore   Brothers Technology Co., Ltd. company seal is affixed]
    
	
 
    
	
Representative (Signature): 
    	
/s/ HAN Jiyun
    	
 
    

 

	
Party B3 (Seal): [Smoore Brothers   Technology Co., Ltd. Shiyan Branch company seal is affixed]
    
	
 
    
	
Representative (Signature): 
    	
/s/ HAN Jiyun
    	
 
    

 

 

Supplementary Agreement to Exclusive Smoore Factory Cooperation Agreement

 

Signing Date: October 25, 2019

 

Whereas the Parties to the Exclusive Smoore Factory Cooperation Agreement (the “Original Agreement”) have agreed in detail on the cooperation matters between the Parties, this Supplementary Agreement only covers part of the rent paid by Party B before signing the Original Agreement and the rent paid by Party A for November on behalf of Party B, and the Parties hereby make the following supplementary agreement:

 

Both Parties confirm that, before signing the Original Agreement, Party B has paid part of the rent to the owner, i.e., RMB5,008,269 (amount in words: Renminbi Five Million Eight Thousand Two Hundred and Sixty-nine only), and Party A will pay the rent for November on behalf of Party B in the amount of RMB1,413,425 (amount in words: Renminbi One Million Four Hundred and Thirteen Thousand Four Hundred and Twenty-five only).

 

Party A and Party B agree that the above rent will be apportioned among the payment for goods payable by Party A in October 2019. The specific way of operation is as follows: both Parties agree to temporarily increase the settlement amount of the payment for goods in October 2019. The specific increase amount is the same as the total rent above, i.e., the increase amount shall be RMB6,421,694 (amount in words: Renminbi Six Million Four Hundred and Twenty-one Thousand Six Hundred and Ninety-four only). The payment time of the increase amount shall be the same as that of the Original Agreement.

 

The other terms of the Original Agreement shall remain unchanged, and the matters agreed in this Supplementary Agreement shall take precedence over the relevant terms of the Original Agreement.

 

(No text below)

 

	
Party A1 (Seal): Beijing Wuxin Technology   Co., Ltd.
    	
 
    
	
 
    	
 
    
	
[Company seal is affixed]
    	
 
    
	
 
    	
 
    
	
Representative (Signature):
    	
/s/   WEN Yilong
    	
 
    
	
 
    	
 
    
	
Party A2 (Seal): Shenzhen Wuxin Technology   Co., Ltd.
    	
 
    
	
 
    	
 
    
	
[Company seal is affixed]
    	
 
    
	
 
    	
 
    
	
Representative (Signature):
    	
/s/   WEN Yilong
    	
 
    

 

1

 

	
Party A3 (Seal): Ningbo Wuxin Information   Technology Co., Ltd.
    
	
 
    	
 
    
	
[Company seal is affixed]
    	
 
    
	
 
    	
 
    
	
Representative   (Signature):  
    	
/s/   WEN Yilong
    	
 
    
	
 
    	
 
    
	
Party A4 (Seal): Shenzhen Wuxin Brothers   Technology Co., Ltd. (in Establishing)
    
	
 
    	
 
    
	
Representative   (Signature):  
    	
/s/   WEN Yilong
    	
 
    
	
 
    	
 
    
	
Party A5 (Seal): Shenzhen Wuxin Brothers   Technology Co., Ltd. Shiyan Branch (in Establishing)
    
	
 
    	
 
    
	
Representative   (Signature):  
    	
/s/   WEN Yilong
    	
 
    
	
 
    	
 
    
	
Party B1 (Seal): Shenzhen Smoore Technology   Co., Ltd.
    	
 
    
	
 
    	
 
    
	
[Company seal is affixed]
    	
 
    
	
 
    	
 
    
	
Representative   (Signature):  
    	
/s/   HAN Jiyun
    	
 
    
	
 
    	
 
    
	
Party B2 (Seal): Shenzhen Smoore Brothers   Technology Co., Ltd.
    
	
 
    	
 
    
	
[Company seal is affixed]
    	
 
    
	
 
    	
 
    
	
Representative (Signature):  
    	
/s/   HAN Jiyun
    	
 
    
	
 
    	
 
    
	
Party B3 (Seal): Shenzhen Smoore Brothers   Technology Co., Ltd. Shiyan Branch
    
	
 
    	
 
    
	
[Company seal is affixed]
    	
 
    
	
 
    	
 
    
	
Representative   (Signature):  
    	
/s/   HAN Jiyun
    	
 
    

 

2

 

The Second Supplementary Agreement to Exclusive Smoore Factory Cooperation Agreement

 

Signing Date: October 26, 2019

 

Whereas the Parties to the Exclusive Smoore Factory Cooperation Agreement (the “Original Agreement”) have agreed in detail on the cooperation matters between the Parties, this Supplementary Agreement only covers Section 3 of the Original Agreement and the Parties hereby make the following supplementary agreement:

 

	
3.
    	
 
    	
The Parties agree that: Party B will issue VAT   special invoices with a tax rate of 13% for machinery and equipment based on   the actual situation. Party B will issue VAT special invoices with a tax rate   of 6% for decoration (subject to the invoices approved by the tax authority)   based on the actual situation (The specific payable amount shall be subject   to the tax rate recognized by the tax authority and the qualified invoices   that can be issued (price with tax included). If the tax rate is lower than   13%, the invoice and settlement amount shall be determined in principle that   the amount excluding tax remains unchanged). If Party B is unable to issue   the invoices for decoration, both Parties shall enter into a supplementary   agreement through friendly negotiation. The invoicing of the above equipment   and decoration shall begin immediately after Party A5 (Party A’s project   company) has been successfully registered and qualified as a general   taxpayer. Party A shall complete the above matters as soon as possible so   that Party B can issue relevant invoices. The Parties agree and confirm that,   in the actual performance of the Original Agreement by the Parties, the   decoration and equipment under the Original Agreement will be handed over and   all related risks will be transferred on November 1, 2019. The above   matters at the execution level of both Parties shall be post-contract   obligations, which shall not affect the timely performance of other rights   and obligations under the Original Agreement.
    

 

The other terms of the Original Agreement shall remain unchanged, and the matters agreed in this Supplementary Agreement shall take precedence over the relevant terms of the Original Agreement.

 

(No text below)

 

1

 

	
Party A1 (Seal): Beijing Wuxin Technology   Co., Ltd.
    
	
 
    	
 
    
	
[Company seal is affixed]
    	
 
    
	
 
    	
 
    
	
Representative   (Signature):  
    	
/s/   WEN Yilong
    	
 
    
	
 
    	
 
    
	
Party A2 (Seal): Shenzhen Wuxin Technology   Co., Ltd.
    
	
 
    	
 
    
	
[Company seal is affixed]
    	
 
    
	
 
    	
 
    
	
Representative   (Signature):  
    	
/s/   WEN Yilong
    	
 
    
	
 
    	
 
    
	
Party A3 (Seal): Ningbo Wuxin Information   Technology Co., Ltd.
    
	
 
    	
 
    
	
[Company seal is affixed]
    	
 
    
	
 
    	
 
    
	
Representative   (Signature):  
    	
/s/   WEN Yilong
    	
 
    
	
 
    	
 
    
	
Party A4 (Seal): Shenzhen Wuxin Brothers   Technology Co., Ltd. (in Establishing)
    
	
 
    	
 
    
	
Representative   (Signature):  
    	
/s/   WEN Yilong
    	
 
    
	
 
    	
 
    
	
Party A5 (Seal): Shenzhen Wuxin Brothers   Technology Co., Ltd. Shiyan Branch (in Establishing)
    
	
 
    	
 
    
	
Representative   (Signature):  
    	
/s/   WEN Yilong
    	
 
    
	
 
    	
 
    
	
Party B1 (Seal): Shenzhen Smoore Technology   Co., Ltd.
    
	
 
    	
 
    
	
[Company seal is affixed]
    	
 
    
	
 
    	
 
    
	
Representative   (Signature):  
    	
/s/   HAN Jiyun
    	
 
    
	
 
    	
 
    
	
Party B2 (Seal): Shenzhen Smoore Brothers   Technology Co., Ltd.
    
	
 
    	
 
    
	
[Company seal is affixed]
    	
 
    
	
 
    	
 
    
	
Representative   (Signature):  
    	
/s/   HAN Jiyun
    	
 
    

 

2

 

	
Party B3 (Seal): Shenzhen Smoore Brothers   Technology Co., Ltd. Shiyan Branch
    
	
 
    	
 
    
	
[Company seal is affixed]
    	
 
    
	
 
    	
 
    
	
Representative   (Signature):  
    	
/s/   HAN Jiyun
    	
 
    
			

 

3Exhibit 10.10

 

English translation

 

Supplementary Agreement

 

The Contracting Parties:

Shenzhen Wuxin Technology Co., Ltd. (hereinafter referred to as “Party A”)

Shenzhen Smoore Technology Co., Ltd. (hereinafter referred to as “Party B”)

 

This Agreement is made and entered into by and between the Parties pursuant to the Exclusive Smoore Factory Cooperation Agreement (hereinafter referred to as the “Original Agreement”) signed by the Parties on October 24, 2019. For the Parties intend to add and revise part of the Original Agreement, this Agreement is hereby made through consultation, with which the Parties shall comply.

 

1.              Supplementary Provisions

 

The Parties agree that Party B shall assist Party A in handling the qualification and registration matters related to the Smoore Factory of Party A, and if the business is affected by problems with the qualification or certification of the Smoore Factory, Party B agrees to give priority to adjust the production capacity and production line for Party A immediately within 1 working day in order to ensure that Party A can still enjoy the same production capacity and the business is not affected.

 

2.              Term

 

This Agreement shall come into effect on the date of execution by both Parties, and it shall terminate and lose effectiveness upon expiration or termination of the Original Agreement.

 

3.              Effectiveness of the Terms of this Agreement

 

The terms of this Agreement shall be deemed as part of the Original Agreement; unless otherwise expressly provided in this Agreement, the provisions of the Original Agreement shall be complied with. In case of any conflict between the terms of this Agreement and the Original Agreement in terms of content or application, the provisions of this Agreement shall prevail. In addition, the remaining provisions of the Original Agreement shall remain in effect. Unless otherwise provided in this Agreement, the terms used in this Agreement shall have the same meaning as those used in the Original Agreement.

 

4.              Counterparts

 

This Agreement is made in duplicate, with one counterpart held by each Party respectively.

 

The Contracting Parties

 

	
Party A:
    	
 
    	
Party B:
    
	
 
    	
 
    	
 
    
	
Shenzhen Wuxin Technology   Co., Ltd.
    	
 
    	
Shenzhen Smoore Technology   Co., Ltd.
    
	
 
    	
 
    	
 
    
	
/s/ Authorized Signatory
    	
 
    	
/s/ Authorized Signatory
    
	
 
    	
 
    	
 
    
	
Signing Date:   September 1, 2020
    	
 
    	
 
    

 

1

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