Document:

Exhibit 10. 17

 

House Lease Contract

 

Lessor (Party A): Cai Bingquan 

House Information Coding Card: 

Address: No. 503, Youth Press, Huangbei Road,
Luohu District, Shenzhen City

Post Code:                  Telephone: 13425162680

Organization Code Certificate or Valid Documentation
No. :[XXX]

Entrusted Agent:

Address:

Post Code:                  Telephone: 

Organization Code Certificate or Valid Documentation
No. :

 

Lessee (Party B): Moxian Technologies (Shenzhen)
Co. , Ltd. 

Address: Unit A9, Tower Building A, Union Square,
Futian District, Shenzhen City

Post Code:                  Telephone: 13725570092 

Organization Code Certificate or Valid ID No. :[XXX]

Entrusted agent:

Address:

Post Code:                  Telephone:
 

Organization Code Certificate or Valid ID No. :

 

Both parties sign this contract in accordance
with Contract Law of the People's Republic of China, Urban Real Estate Management Law of the People's Republic of China,
House Lease Regulations of Shenzhen Special Economic Zone and the rules for implementation, and Decision about Strengthening
the House Lease Security Responsibility Made by the Standing Committee under Shenzhen People's Congress. 

 

Article 1.  Party A will lease
the premises A901, A902, A903, A905, A910,A911, A912, A913 (hereinafter referred to as
leased premises), located in Tower Building A, Union Square, at the intersection of Binhe Road and Caitian Road,
Futian District, Shenzhen City, to Party B. 

 

Total area of the leased house is 1,625. 78
square meter.  The property owner or legitimate user is Shenzhen Zhongqian New Energy Development Co. , Ltd. 

 

TOCReal estate ownership certificate No.  or the No.  of other valid certificate which may prove the real estate
ownership (right to use): 

 

Article 2.  The unit rent of the leased premises shall be calculated
by RMB 100. 00 Yuan (Say: ONE HUNDRED YUAN ONLY) each square meter monthly, totaling RMB 162,578. 00 Yuan (Say: ONE HUNDRED AND SIXTY-TWO
THOUSAND FIVE HUNDRED AND SEVENTY-EIGHT YUAN).  

 

Article 3.  Party B shall, before Month Date Year, make down payment
of RMB _____ (Say          Yuan Only).  

 

Article 4.  Party B shall

 

☐ Before the 10th each month; 

☐ Before the day     of the month     each quarter; 

☐ Before the day     of the month     each half a year; 

☐ Before the day     of the month     each year;

 

make rent payment for Party A; and Party A
shall issue a tax invoice when collecting the rent. 

(Both parties shall choose one from the four
options above and tick it)

 

     

     

    

 

Article 5. Party B leases the premises
from July 22, 2015 to June 16, 2018.

The time limit agreed herein shall not exceed
approved land use term, or 20 years.  The exceeded part is invalid. 

 

Article 6.  The Leased house shall be
used for handling official business. 

Party B shall not use the premises for other
purposes without Party A's written permission. 

 

Article 7. Party A shall hand over the
leased premises to Party B prior to July 22, 2015, and go through all handover procedures. 

In case Party A hands over the premises later
than the date stipulated above, Party B may request to extend the term of contract; meanwhile, both parties shall confirm it with
signatures and report it to the authority for registration of the contract. 

 

Article 8. Both parties shall, at the
time of handing over the leased premises, confirm the current conditions of the premises and auxiliary facilities, as well as auxiliary
properties, and list them in attached sheets. 

 

Article 9.  Party A, at the time
of handing over the premises, may charge the rental deposit of 2-month rent amount (which shall not exceed 3-month rent amount),
namely, RMB 325,156 Yuan (Say: THREE HUNDRED AND TWENTY-FIVE THOUSAND ONE HUNDRED AND FIFTY-SIX YUAN). 

 

Party A shall issue a receipt for the charged
rental deposit. 

 

Party A shall return the rental deposit to
Party B under the following conditions:

 

1.  Both parties won't renew the contract after
expiry of tenancy. 

2.  Within the lease term, Party B has paid
off all property expenses related to the leased premises. 

3.  

 

 ☐ Only one of the conditions can
be met. 

þAll
conditions can be met. 

(Both parties shall choose one from the four
options above and tick it)

 

The mode and date for the return of rental
deposit:  .               

 

In one of the following cases, Party A may
be allowed not to return the deposit:

 

1.   Within the lease term, Party B requests
for termination of the contract ahead of the contract term. 

 

2.   2. After expiry of tenancy, Party
B hasn't paid off all property expenses related to the leased premises. 

 

3.                                          .

 

Article 10. During the lease term, Party
A is responsible for paying the land use fee and the tax or expenses incurred by house lease; and Party B is responsible for paying
the utilities, cleaning fees, property management fee of the premises, and other fees incurred due to house lease. 

 

Article 11. Party A shall ensure that
the leased premises and their auxiliary facilities can meet relevant laws, regulations, or rules in safety. 

 

Article 12. Party B shall reasonably
use the leased premises and auxiliary facilities, and shall not engage in unlawful acts in the premises.  Party A shall not disturb
or interfere Party B with normal and reasonable use of the leased premises. 

 

Article 13. During the process of using
the leased premises, in case there exists damage or fault that is likely to affect normal or safe use of the premises or auxiliary
facilities not because of Party B, Party B shall timely inform Party A and take effective measures to prevent worsening of the
fault.  Party A shall, within days after receiving the notice, maintain the premises or facilities or directly entrust Party
B with the task of maintenance.  In case Party B has no way to notify Party A or Party A fails to maintain them within the stipulated
time limit above, Party B may maintain them on behalf of Party A. 

 

    	 	2	 

     

    

 

In special emergency cases when the premises
or facilities have to be maintained immediately, Party B shall first maintain them and promptly notify Party A of relevant conditions. 

 

In the two cases above, Party A shall bear
the maintenance cost (including the maintenance cost paid by Party B or the reasonable fees incurred to prevent expansion of the
fault).  In case more loss is caused for Party B fails to fulfill obligations above, or fails to promptly inform Party A or take
effective measures, such maintenance cost shall be borne by Party B. 

 

Article 14.  In case Party B's improper
or unreasonable use leads to damages or faults of the leased premises or auxiliary facilities, Party B shall take charge of maintaining
or compensate for them while informing Party A of them. 

 

In case Party B alters internal structure of
the premises, makes decoration, or arranges equipment which has effect on house structure, Party B shall gain Party A's prior written
permission in the aspects of design size, range, process, and materials.  After expiry of tenancy or occurrence of surrender of
tenancy for the reason of Party B, unless otherwise agreed by both parties, Party A has the right to select one of the following
rights:

 

 þ Decoration for the premises
shall be owned by Party A. 

 

☐ Request Party B to restore the premises
back into original shapes

 

☐ Charge for fees actually incurred due
to restoration of house from Party B

 

(Both parties shall choose one from the three
options above and tick it)

 

Article 15. 

 

☐ Within the lease term, Party B may
lease total or partial premises to others, and go through formalities about registration in the competent authority for house lease. 
However, the term of sublease shall not exceed the lease term agreed herein;

 

☐ Within the lease term, Party B may,
with Party A's written permission, handle formalities about registration in the competent authority for house lease.  However, the
term of sublease shall not exceed the lease term agreed herein. 

 

☐ Within the lease term, Party B shall
not lease total or partial premises to others. 

 

(Both parties shall choose one from the three
options above and tick it)

 

Article 16. Within the contract duration,
in case Party A requires to transfer total or partial property rights of the premises, Party A shall inform Party B in writing
one month in advance.  Party B shall, within 15 working days after receiving the notice, reply to Party A, for Party B has
the priority to purchase the premises under the same condition. 

 

In case the leased premises
are transferred to others, Party A has responsibility, at the time of signing the agreement of transfer, to notify the assignee
to continue fulfilling this contract. 

 

Article 17. Within the contract duration,
this contract is allowed to be terminated or modified in any one of the following cases:

 

(1) This contract can't be fulfilled due
to force majeure;

 

(2) The leased premises are required to
be used, taken back or demolished by government;

 

(3) Both parties reach an
agreement. 

 

Article 18.  In any one of the following
cases, Party A may, based on the loss caused,

 

☐1.  Request Party B to restore the premises
back into their original shapes;

 

☐2.  Claim compensation of damage from
Party B;

 

☐3.  Refuse to return the rental deposit;

 

☐4.  Request Party B to make payment of
liquidated damage RMB _______ Yuan (Say: _________ Yuan Only). 

 

(Both parties shall choose one of the four
options through negotiation and tick it, but Option 3 shall not be chosen together with Option 4)

 

(1) Party B delays in paying rent for
above 15 days (    months);

 

(2) Party B delays in paying fees likely
to cause loss to Party A that amount to above RMB       Yuan;

 

(3) Party B makes use of the leased
house to conduct illegal activities, posing damage to public benefit and others' benefit;

 

    	 	3	 

     

    

 

(4) Party B, at its own discretion,
alters structure or uses of the leased premises;

 

(5) Party B violates Article 14 herein,
failing to undertake maintenance responsibility or failing to pay maintenance cost.  This causes severe damage of the
premises or facilities;

 

(6) Without Party A's written permission
or approval of relevant departments, Party B makes decoration of the leased premises;

 

(7) Party B leases the premises to the
third person without authorization. 

 

In addition to investigation into Party B's
liability for compensation or breach of contract, Party A has the right to, based on the condition above, modify or terminate the
contract.  Once the notice of contract termination is delivered, Party A has the right apply for unilateral registration of dissolution
of contract. 

 

Article 19. In any one of the
following cases, Party B may, based on the loss caused,

 

☐1.  Claim compensation of damage from
Party A;

 

☐2.  Request Party A to return a double
rental deposit;

 

☐3.  Party A makes payment of liquidated
damage RMB ______ Yuan (Say: ______ Yuan Only). 

 

(Both parties shall choose one of the three
options through negotiation and tick it, but Option 2 shall not be chosen together with Option 3):

 

(1) Party A delays in handing over the
leased house for more than 15 days (     months);

 

(2) Party A violates Article 11 herein,
and safety of the leased house can't meet relevant laws, regulations, or rules;

 

(3) Party A violates Article 13 herein,
failing to undertake maintenance responsibility or failing to pay maintenance cost;

 

(4) Without Party B's permission or
approval of relevant departments, Party A reconstructs, extends, or decorates the leased premises;

 

(5) Party A unilaterally requests to
terminate the contract in advance for no proper reason. 

 

In addition to investigation into Party A's
liability for compensation or breach of contract, Party B has the right to, based on the condition above, modify or terminate the
contract.  Once the notice of contract termination is delivered, Party B has the right apply for unilateral registration of dissolution
of contract. 

 

Article 20. After termination
of the contract, Party B shall, within 3 days, leaves and returned the leased premises, ensure the premises and auxiliary facilities
are in a good condition (except those normal losses), pay off all expenses that shall be borne by Party B, and go through relevant
handover formalities. 

 

In case Party B fails to leave or return the
leased premises within stipulated time limit, Party A has the right to, pursuant to the law or the contract, take back the premises,
and charge Party B compensation damages equal to double rent for the overdue part. 

 

Article 21. In case Party B needs to
continue leasing the premises after expiry of tenancy herein, Party B shall raise the requirement 2 months before the date
of tenancy expiry.  Under the same condition, Party B has the priority to rent the premises. 

 

Both parties shall conclude a contract again
once they reach agreement on renewal of lease, and they shall register in the competent house lease authority as well. 

 

Article 22. Both parties shall sign A
Letter of Responsibility for House Lease Safety Management in Shenzhen.  Party A shall supply a leased house which meets the
standard and condition for safe use, without any potential safety hazard.  Leased premises shall be equipped with architectural
and fire-fighting equipment, gas facility, electric power facility, entrances and exits, and passageways that can meet the management
stipulations or criteria made by the municipal government for safe production, fire control, public security, and hygiene.  Party
B shall use the leased premises in strict accordance with management stipulations or criteria made by functional government departments
for safety, fire control, public security, environmental protection, and hygiene.  Party B has also the obligation to guarantee
there's not any potential safety hazard in the use of the leased house.  Both parties shall conscientiously fulfill all provisions
herein.  In case any party violates the contract, the party shall assume responsibility for breach of contract as agreed in the
contract. 

 

    	 	4	 

     

    

 

Article 23. Both parties may make
separate agreement on unsettled issues in attached sheets; contents in the attached sheets shall be one part of this contract,
and they have the same legal effect with the contract upon both parties' signatures and stamps. 

 

In case both parties reach agreement on modification
of this contract within the lease term, they must, within 10 days after signature of the modification agreement, register in the
competent house lease authority. 

 

Article 24. Any dispute arising out of
the contract shall be solved through negotiation; in case it can't be solved through negotiation, both parties may apply to the
competent house lease authority for mediation or apply to:

 

☐ Shenzhen Court of International Arbitration
for arbitration;

 

☐ Apply for arbitration to Shenzhen Arbitration
Committee;

 

☐ File a lawsuit to the local people's
court. 

 

(Both parties may choose one from the three
options above and tick it)

 

Article 25. Both parties agree
that the addresses below are the ones for delivery of notices or documents;

 

Party A's Address for delivery:No.  503,
Youth Press, No.  54 of Huangbeiling Road, Luohu District, Shenzhen City

 

Party B's Address for delivery: Unit 09,
Building 09,Union Square, Futian District, Shenzhen City

 

In case of no addresses above agreed, both
parties shall deem the address as the one for service when the contract is signed. 

 

The address for service will be always effective
without written modification notice.  When one party sends a notice or document to the address for service, it will be deemed as
the notice or document has been delivered.  In case the document, which is sent with the address above, is returned by Postal Sector,
the date of return will be deemed as date of delivery. 

 

Article 26. This contract will
come into effect upon signature. 

 

Both parties shall, within 10 days upon signature
of the contract, register in the competent house lease authority. 

 

Article 27. The Chinese version of the
contract will prevail. 

 

Article 28.  This contract is in three
copies, with each party to hold one and the contract registration authority to hold one. 

  

Party A (signature and stamp):

 

Legal Representative:

 

Telephone:

 

Bank account:

 

Entrusted agent (signature and stamp):July
22, 2015

 

Party B (signature and stamp): Moxian Technologies (Shenzhen) Co. ,
Ltd. 

 

Legal Representative:

 

Telephone:

 

Bank account:

 

Entrusted agent (signature and stamp):July
22, 2015

 

    	 	5	 

     

    

 

Special Tips 

 

1.  Before signing the contract, both parties
shall carefully read the contract, and they may add or delete, select, supplement, or modify contents of the contract through negotiation. 
After signing the contract, the contents not modified or filled by both parties (confirmed and signed by both parties) shall be
deemed as the contents agreed herein.  Selected, supplemented, filled, or modified contents in handwriting herein shall take the
priority. 

 

2.  Before signing the contract, the Lessor
shall show the Lessee the real estate ownership certificate or other effective certificates which may prove that the lessor has
the ownership or may prove the lessor's identity or show the Lessee certification for legal qualification.  In case the leased premises
are entrusted to others, a power of attorney is required; in case the leased premises are owned by several persons, a certificate
and a power of attorney shall be provided to prove that all owners agree to lease the premises; and the Lessee shall show the Lessor
identification or legal qualification certification. 

 

3.  Both parties herein shall sign and fulfill
the contract according to law, and shall not violate relevant procedures or engage in illegal activities. 

 

4.  This contract will be binding to both parties
upon signatures.  Both parties shall fulfill own liabilities as agreed, and shall not dissolve or modify the contract without authorization
or agreement. 

 

5.  Any blank in the contract shall be filled
in by the party involved with a writing brush, or a pen, or a sign pen in carbon black ink or blue-black ink for signature or stamped
for confirmation. 

 

6.  Any blank (underlined) in the contract text
may be used for both parties to discuss; and some clauses are used for both parties to choose (marked as the sign '☐'). 

 

7.  After signing the contract, both parties
shall promptly handle registration in the competent lease house authority. 

 

8.  Both parties may, as required, decide on
the number of contract copies, and check it carefully when signing the contract to ensure that contents of each copy are the same;
in any case, both parties shall respectively hold at least one original of the contract. 

 

9.  In case of any major modification, contract
dissolution or loss, the party involved shall go through relevant formalities in the original registration authority. 

 

10.  Both parties may make discussion about
how to deal with the residual articles in the leased premises after expiry of tenancy and dissolution of contract, and make a list
in the attached sheet. 

 

11.  In Article 6 herein — 'use of the
leased premises', the following five options may be chosen: business, official business, factory house, warehouse, or comprehensive
use. 

 

This Letter of Responsibility is written in
accordance with relevant laws and regulations to carry out Decision about Strengthening the House Lease Security Responsibility
Made by the Standing Committee under Shenzhen People's Congress, further ascertain house lease safety responsibility, strengthen
leased house safety management, and safeguard common people's life and property safety. 

 

I.  The lessors and lessees, in possession of
the premises for production and operation use (including various types of commodity market and show cases), office occupancy, dwelling,
and other premises in administrative region of the city, can be deemed as the person for safety responsibility of the leased premises. 

 

II.  Lessors shall lease a house with a real
estate ownership certificate or other supporting documents stipulated by the municipal government.  In case a house is entrusted
to other person for safekeeping, the owner shall a written assignment agreement with the trustee on own safety responsibilities. 
Sub-lessors, other persons actually renting a house, and the person who leases his or her house, shall assume the lessor's safety
responsibilities. 

 

III.  Lessors shall ensure that buildings to
be leased and their entrances and exits, passageways, fire-fighting, gas, and electric power equipment meet relevant laws and regulations
as well as safety criteria made by relevant administrative sectors.  Additionally, lessors shall gain relevant permits or approval
documents in cases the permits or documents are required in accordance with laws and regulations before house lease. 

 

    	 	6	 

     

    

 

IV.  In case lessees use the leased house for
production and operating activities, lessors shall request the lessees to, before operation, show relevant certifications regarding
fire-fighting formalities, industrial and commercial business license or permits. 

 

V.  Lessors shall check the safety of the leased
house at least once a quarter and make a good written statement, which shall be signed by lessees.  In case lessors can't check
the house in person for some objective reason, other person shall be entrusted to do it. 

 

VI.  In case lessors find out any potential
safety hazard in the house or the house changed by lessees without authorization, the lessors shall report it to the comprehensive
house lease management institution or other administrative departments. 

 

VII.  Lessees shall, in accordance with laws,
regulations, and house lease contract, safely use the house, and shall not change house structure or use without authorization. 
In case lessees find out any potential safety hazard in the leased house, the lessees shall immediately inform lessors and report
it to the comprehensive house lease management institution or other administrative departments. 

 

VIII.  Lessees shall not change the use of leased
house without authorization.  In case lessees carry out operational activities in the leased house such as hotel industry, catering,
entertainment, Internet bars, or workshops, relevant provisions must be met;

 

It is prohibited to use the leased house for
any illegal criminal activity such as gamble, drug taking and trafficking, prostitution and whoring, making and (or vending) traffic
in pornographic stuff, forging certificates, printing illegal publications, producing and selling fake and shoddy goods, sheltering
criminals, or sheltering and selling stolen goods. 

 

It is also prohibited to use the leased house
for any illegal activity such as pyramid selling, or converted pyramid selling, unlicensed business activity, opening a clinic
without a license, illegally practicing medicine, and illegal renewable resources recovery. 

 

Moreover, it is prohibited to use the leased
house to carry out fraud activity such as employment introduction, matchmaking service, training, or real estate agency without
license; meanwhile, it is prohibited to use the leased house to manufacture, store, or operate hazardous materials that are flammable,
combustible, poisonous, or radioactive. 

 

IX.  Both parties shall assist the comprehensive
house lease management institutions and cooperate with them for safety inspection and management of the leased house, and accurately
provide relevant documents and information. 

 

X.  In case lessors or lessees fail to fulfill
safety responsibility according to law and this causes personal injury and property loss, victims may request the lessors or lessees
to assume corresponding compensation liability pursuant to the law. 

 

Lessor: (signature and stamp)

 

Lessee: (signature and stamp) Moxian Technologies
(Shenzhen) Co. , Ltd. 

 

Trustee and managerial person: (signature and
stamp)

 

Telephone:

 

Telephone

 

Month       Date        Year

 

 

7Exhibit 10.18

 

House Lease
Contract

 

Lessor (Party A): Shenzhen Kingkey Banner Business
Management Co., Ltd.

Address: Floor 11, Building B, KK100, Caiwuwei,
No.5016, East Shennan Road, Luohu District, Shenzhen City, China

Legal Representative: Chen Hua

Telephone: 0755-82388888 Fax:

 

Lessee (Party B): Shenzhen Moyi Technologies
Co., Ltd.

Address:

Legal Representative (the responsible person):

Telephone:                     Fax:

 

In accordance with Contract Law of the People's
Republic of China and House Lease Regulations of Shenzhen Special Economic Zone, both parties, through friendly negotiation,
signed this House Lease Contract (hereinafter referred to as 'this contract') in which Party A leases the real estate (including
supporting facilities, the same below) in KK100 to Party B.

 

Article 1. Lease of house property

 

1.1 Party A leases the real estate to Party
B — Unit 01, Floor 20, KK100 B, No. 5016, East Shennan Road, Shenzhen City.

 

1.2 Date for the premises to be leased: September
1, 2011. Party A shall provide duplicates of relevant acceptance certificates to Party B on the date above.

 

1.3 Specific location of the leased premises
is marked red in Appendix II Schematic Diagram of Leased Premises Location. The red range is only used as location confirmation
and convenience for identification.

 

1.4 Floor area of the leased premises is 220.85 square
meters (subject to the floor area measured and appointed by the government). In case Party B regards there is an error in the
floor area of the leased premises, both parties shall jointly designate a surveying and mapping institution with
qualification to measure the premises (measuring cost shall be borne by both parties).

 

1.5 Use of the leased premises: handle official
business. In case Party B uses the premises for other purposes (such as training,club,and trading places), Party B must obtain
Party A's written permission and handle the formalities of changing the use of leased premises in accordance with relevant laws
and regulations. Party A may offer necessary assistance based on actual conditions at the expense of Party B.

 

1.6 Party B shall, before operation, apply
to relevant governmental departments for relevant certificates, licenses or permits; and shall submit the duplicates (Appendix
1) of relevant certificates to Party A for references within 7 days after obtaining relevant certificates.

 

1.7 Within the lease term, Party B shall not,
because of the need for operation, occupy the public area in the leased premises without authorization.

 

Article 2. Term of lease and lease commencement
date

 

2.1 Term of lease: three years; from September
1, 2014 to August 31, 2017.

 

2.2 Lease commencement date: September 1, 2014.

 

     

     

    

 

Article 3. Rent and payment mode

 

3.1 Criteria for rent:

 

3.1.1 The rent is 180 Yuan/m2/month
(floor area), totaling RMB 39,753 Yuan per month (Say: THIRTY-NINE THOUSAND SEVEN HUNDRED AND FIFTY-THREE YUAN ONLY).

 

3.1.2 From the third lease year (namely, September
1, 2016), the rent each lease year shall increase by 8% based on the last lease year, until the end of lease term herein.

 

3.2 Party B shall, within 7 working days after
signature, make a prepayment of the first month RMB 39,753 Yuan (Say: THIRTY-NINE THOUSAND SEVEN HUNDRED AND FIFTY-THREE
YUAN ONLY), and since the second month, Party B shall pay the rent of the current month before the 5th per month. The rent
for a calendar month less than its total days shall be calculated according to actual rent days.

 

3.3 Party B may pay the rent in the ways such
as cheque only for account, bank transfer, or other modes designated by Party A. In case the method of remittance is adopted, the
date for actually receiving the amount by the designated bank shall be deemed as the pay day. Party A shall issue a qualified invoice
for Party B within 7 days.

 

The receiving bank and account designated by
Party A:

 

Bank of Deposit: Caiwuwei Branch, Bank of China

 

Company Name: Shenzhen Kingkey Banner Business
Management Co., Ltd.

 

Bank Account: 7562 5794 7187

 

Article 4. Property management service and
other fees

 

4.1 Party A entrusts KK 100 property service
center (hereinafter referred to as the property management company) under Shenzhen Kingkey Property Management Co., Ltd.to supply
property management service for KK100. Party B shall sign a Property Management Service Contract with the property management
company.

 

4.2 Within the lease term, Party B shall directly
pay administrative fee, utilities and other fees for the property management company as prescribed in the Property Management
Service Contract.

 

Article 5. Rental deposit

 

5.1 To ensure Party B fulfill the obligations
herein, Party B shall, within 7 working days after both parties sign the contract, pay Party A RMB 79,506 Yuan (Say: SEVENTY-NINE
THOUSAND FIVE HUNDRED AND SIX YUAN ONLY) as rental deposit. At the termination of contract, Party B shall return the leased
premises to Party A, and Party A will return the rental deposit to Party B (free of interest) within 10 working days after both
parties' all rights and obligations about the leased premises are fulfilled.

 

5.2 The rental deposit can't be used as exceptions
for Party B's breach of contract; and it shall not be used for Party B as rent or other expenses either. In case Party B fails
to pay rent on schedule, with a 15-day delay, Party A has the right to confiscate Party B's rental deposit. Party B shall, within
the time limit designated by Party A, pay Party A a total amount of the rental deposit as supplement. In case Party B fails to
pay the rental deposit as supplement, Party B shall pay five thousandth of the total rental deposit each delayed day as liquidated
damage. Meanwhile, Party B shall still pay outstanding rent and corresponding liquidated damage.

 

Article 6. Delivery and acceptance

 

6.1 Date of delivery: before September 1,
2014.

 

6.2 Standard for delivery: see Appendix III
—

Delivery Criteria and Letter of Acceptance Confirmation for Leased Premises.

 

6.3 Delivery and acceptance procedure

 

6.3.1 Party A, Party B, and the property management
company shall, on the agreed date of delivery, by the standard confirmed by this contract, jointly make inspection and confirmation
of the leased premises, and sign a certification of acceptance check — Delivery Criteria and Letter of Acceptance
Confirmation for Leased Premises.

 

    	 	2	 

     

    

 

6.3.2 Unless there exist problems such as unqualified
quality in the main structure or major quality faults having severe effect on Party B's decoration and use of the leased premises,
Party B shall immediately take over the premises. In case there exist some common defects in the leased premises that have no effect
on Party B's decoration and use, Party B shall sign Criteria and Letter of Acceptance Confirmation for Leased Premises,
with descriptions of common defects which shall be repaired by Party A at the expense of Party A.

 

6.4 Responsibilities

 

6.4.1 In case the leased premises are handed
over with delay for Party A's reason, Party B's rent-free period, lease commencement date, and lease term shall correspondingly
extend based on the actual delayed days.

 

6.4.2 In case the leased premises are taken
over with delay for Party B's reason, Party B's rent-free period, lease commencement date, and lease term shall not extend.

 

Article 7. Decoration of leased house property

 

7.1 Party B shall submit decoration-related
drawings and documents about the contractor to the property management company for approval 15 days before decoration. After obtaining
the permission of the property management company, Party B just can make decoration. The decoration scheme provided by Party B
shall meet relevant laws and regulations, and it shall be safe, scientific, and reasonable.

 

7.2 Party A and the property management company
have the right to make standardization and management on Party B's decoration, separation, build, install equipment or reconstruction,
including reasonable management on Party B's constructors passing in and out, material transportation, construction time, and construction
safety and so on.

 

7.3 Party B shall ensure the construction units
are provided with decoration qualification stipulated by our state, and shall obtain all approval and permits from relevant government
departments before decoration. Party B shall guarantee, during the decoration process, constructors will abide by laws and rules,
carry out civilized and safe construction, comply with the Decoration Manual made by the property management company, and
obey the supervision and management from Party A and the property management company.

 

7.4 Party B shall not, during the decoration
process, pose damage to normal use of the leased premises and the main structure and public facilities of the premises. During
the decoration process, Party B must receive, in accordance with relevant laws and regulations, Party A's assistance in relevant
work at the expense of Party B.

 

7.5 In case of any life loss or personal injury
or property loss for construction units in the decoration process, Party B shall independently assume compensation liability. In
case of any damage to Party A's premises, Party B shall assume all compensation liability, including but not limited to the damage
to leased premises and any loss to Party A.

 

7.6 After completion of decoration, the leased
premises can be used only after acceptance and approval of relevant competent departments and Party A.

 

Article 8. Maintenance and repair

 

8.1 In case any damage (except for the quality
problem about the main structure of the premises) is caused to the leased premises not because of Party A after acceptance of the
leased premises, Party B shall be responsible for repairing in a proper way, and any personal injury or property loss caused by
this shall be assumed by Party B.

 

    	 	3	 

     

    

 

8.2 Within the lease term, Party B shall reasonably
use the leased premises within the business scope, and be responsible for the daily cleaning and maintenance of the facilities
provided by Party A in the premises (including but not limited to overhead floor decker, earth wire cabinets, suspended ceiling,
illuminating lamp panels, doors and windows, the temperature controllers of air conditioners) at the expense of Party B. In case
Party B applies to the property management company for maintenance, Party B shall pay relevant maintenance expenses by the expense
standard for maintenance of facilities.

 

8.3 Party A shall maintain the main structure
of the leased premises is safe and reliable. In case of any quality problem in the leased premises to be found out, Party B shall
promptly send a written notice to Party A in a timely manner. Party A shall, within one month after receiving Party B's written
notice, complete the maintenance mentioned above (for any special condition, Party A shall give description to Party B).

 

Article 9. Insurance

 

9.1 During the decoration period, Party B must
purchase insurance for the leased premises, including but not limited to Erection All Risks Insurance in which the limit of indemnity
for each accident in third-party liability insurance shall not be less than RMB 500,000 Yuan.

 

9.2 During the lease term, Party B shall, at
least, purchase Property All Risks Insurance and Public Liability Insurance for the leased premises. In Public Liability Insurance,
the limit of indemnity for each accident shall not be less than RMB 500,000 Yuan, and Party A shall be listed as a joint beneficiary.
Party B shall ensure that the insurance above effectively exists within the whole lease term.

 

9.3 In case Party A requests Party B to provide
vouchers for insurance purchase, Party B shall provide Party A with duplicates of the insurance above for approving and keeping.

 

9.4 In case any insurance event occurs that
relates to Party A's loss for the reason of Party B, Party B shall first compensate Party A for the loss by using the indemnity
obtained from insurance companies. In case the indemnity obtained from insurance companies is insufficient to compensate Party
A for the loss, the residual loss shall be compensated by Party B.

 

Article 10. Sublease and renewal of contract

 

10.1 Without Party A's written permission,
Party B shall not sublease the premises in any way.

 

10.2 During the lease term, the contract effect
shall not be affected by change of Party B's name, change of Legal Representative, change of enterprise property, change of investors,
merger, separation, and liquidation. However, Party B is required to promptly report these to Party A for reference and change.

 

10.3 In case Party B is willing to continue
renting the premises after expiry of the tenancy, Party B must, at least 6 months before expiry of tenancy, apply to Party A in
writing for renewal of lease. On equal conditions, Party B has the privilege to take on lease. In case both parties agree to renew
a lease, another House Lease Contract shall be signed separately.

 

10.4 Party A has the right to bring any third
party, within 6 months before expiry of tenancy, to look over the leased premises with prior notice to Party B, and Party B shall
cooperate with Party A.

 

Article 11. Party B's withdrawal from the
leased house property

 

11.1 In the case of expiry of tenancy or advance
dissolution of contract (whether unilateral termination or termination after bilateral negotiation), Party B shall, within 5 days,
withdraw from the leased premises. Party A, Party B and the property management company shall jointly make inspection on the premises
and hand it over. Party B shall restore the leased premises into its original shape or make it in a normal condition (approved
by Party A and the property management company in writing), and then return it to Party A, including but not limited to restoring
open-type fire sprinkler system on ceiling and smoke detectors, dismantling and returning fan coils,thermostats, lamp panels, air
supply grilles, return air grilles, ceiling, and auxiliary materials (all these parts shall be counted according to the list of
standard electromechanical facilities, and all missing parts must be made up by Party B or any damage or consumption of materials
shall be compensated by Party B).

 

    	 	4	 

     

    

 

11.2 In case the leased premises handed over
by Party B contains fixtures, units, and auxiliary equipment and Party A agrees to accept them, Party B will be deemed as agreeing
to give up the property ownership of the fixtures, units and auxiliary equipment. Thus, Party B shall not request Party A for any
compensation.

 

11.3 In case Party B hands over the leased
premises with delay, Party B shall pay Party A a double daily rent for each delayed day as liquidated damage.

 

Article 12. Dissolution of contract

 

12.1 Within the lease term, in case Party B
presents any one of the following cases:

 

(1)Party B has an adversely worsened state
of operation, transfers property, secretly withdraws funds, or loses business creditworthiness;

 

(2)Party B is liquidated, bankrupt, or Party
B's property is closed down, or other debt paying ability sharply drops, and all these are likely to have effect on the fulfillment
of contract obligations.

 

Party A may request Party B to provide performance
guarantee; in case Party B refuses to provide it, Party A is allowed to dissolve the contract, confiscate rental deposit, and look
into Party B's responsibility for breach of contract.

 

Article 13. Responsibility for breach
of contract

 

13.1 Party B shall, in strict accordance with
Article 5.1, pay rental deposit. In case Party B delays paying the rental deposit for over 10 days, Party B will be deemed as serious
breach of contract, and Party A may choose to dissolve the contract. In case Party A chooses to dissolve the contract, Party A
may lease the premises to others without prior notice, while Party B still needs to pay total rental deposit as liquidated damage.
In case Party A chooses to continue fulfilling the contract, Party B shall pay five thousandth of total rental deposit as liquidated
damage for each delayed day since the date when Party B delays in paying the rental deposit.

 

13.2 Party B shall not refuse to pay rent or
delay in paying it for any reason. In case Party B delays in paying rent or other expenses, Party B shall make payment of liquidated
damage per day by the standard—five thousandth of the rent payable or total amount of other expenses. In case Party B delays
in paying rent or other expenses for 10 days, Party A has the right to entrust the property management company to take measures
such as temporarily stopping supplying water, power, or air condition service, until Party B pays off rent and other expenses.
In case Party B delays in paying rent or other expenses for 15 days, Party A shall be entitled to confiscate rental deposit. In
case Party B delays in paying rent or other expenses for 30 days, Party A shall be entitled to dissolve the contract, confiscate
rental deposit, and investigate and affix the responsibility of Party B.

 

13.3 During the lease term, in case Party B
presents any one of the following behaviors:

 

(1) Party B makes use of the leased premise
to conduct illegal activities, posing damage to public benefit and others' benefit;

 

(2) Party B changes the lease purpose agreed
herein without written permission of Party A;

 

(3) Party B violates the provisions herein,
failing to undertake maintenance responsibility or failing to pay maintenance cost. This causes severe damage of the premises or
facilities;

 

(4) Party B decorates the leased premises,
changes the structure or poses damage to the premises without Party A's written permission and the approval of relevant departments;

 

(5) Party B leases the premises to the third
person without authorization.

 

    	 	5	 

     

    

 

(6) Other agreed acts against laws and this
contract.

 

After investigating into Party B's responsibility
for breach of contract above, Party A shall be entitled to choose to dissolve the contract, confiscate rental deposit, and claim
compensation on the loss from Party B.

 

13.4 Without Party A's prior written permission,
Party B shall not erect, hang,put up or allow others to erect, hang, or put up any advertisements, public announcements, public
notices, signboards, etc. In case of any violation, Party A shall be entitled to dismantle or entrust the third party to dismantle
the objects above at the expense of Party B; and Party A has the right to punish Party B.

 

13.5 During the lease term, in case Party B
unilaterally dissolves the contract, Party B shall inform Party A in writing 180 days in advance. Party A won't return the rental
deposit, and Party B shall pay the rent of the rent-free period.

 

13.6 In case Party A dissolves the contract
due to Party B's breach of contract, the contract shall be terminated on the date when Party A delivers the written notice to Party
B. Party B shall, in accordance with Article 11 herein, withdraw from the leased premises and handle formalities about acceptance
and handover.

 

13.7 All expenses and expenditure (including
counsel fee),incurred by Party A at the time of urging Party B to pay rent or executing any other right herein,shall be borne by
Party B; and Party A shall be entitled to request Party B to pay these expenses.

 

Article 14. Force majeure

 

14.1 In case any delay in performing the contract
is caused by force majeure, such delay shall be deemed as acceptable, and thus, neither party shall assume responsibility.

 

14.2 The party who encounters force majeure
event shall, within 3 days after occurrence of force majeure event, inform the other party, and try best to avoid, remove, or alleviate
the effect of such force majeure event on fulfillment of the contract. Meanwhile, the party shall, within 10 days after occurrence
of force majeure event, provide relevant certifications to the other party herein. Both parties shall, on basis of the effect of
such force majeure event on contract fulfillment, discuss and decide whether to dissolve the contract or partially exempt the party
involved from liability of fulfilling contract or delay in fulfilling the contract.

 

Article 15. Notices and delivery of notices

 

15.1 All notices as required in the contract
shall be sent in writing, and both parties shall send them or other documents to the addresses explicitly listed herein.

 

15.2 In case any document, notice, or other
correspondence is sent by mail, they shall be deemed as having been delivered on the 3rd working day after being sent, with the
registered delivery receipt issued by post office as an effective certification of delivery. In case they are faxed, they shall
be deemed as having been delivered at the time of sending, with the fax report received by the fax machine of the other party as
an effective certification. In case they are sent face to face, they shall be deemed as having been delivered upon the signature
of the other party. In case the other party refuses to accept it, the way of lien can be adopted for delivery, with corresponding
lien pictures or videos as receipts; or other way of delivery agreed herein shall be adopted.

 

Article 16. Applicable laws and dispute
settlement

 

16.1 Signing, fulfillment, interpretation,
and dispute settlement of the contract shall be subject to the laws of the People's Republic of China.

 

16.2 Any dispute arising due to contract fulfillment
shall be first solved through both parties' negotiation. In case of failure in negotiation, either party may lodge a suit to the
local people's court.

 

    	 	6	 

     

    

 

Article 17 Other clauses

 

17.1 Clauses herein are drawn up through both
parties' negotiation, not forming either party's format clauses.

 

17.2 Title of the contract is merely used for
convenience of retrieve, not functioning as interpretation or restriction of contract clauses.

 

17.3 Both parties shall separately discuss
and sign supplementary agreements on unsettled issues. Supplementary agreements are effective parts to the contract. In case any
inconsistency occurs between this contract and the supplementary agreements, the latter one shall prevail.

 

17.4 Both parties confirm that in case any
conflict occurs between this contract and the sample text of Housing Lease Agreement made by Shenzhen House Lease Management Office,
this contract will prevail which shall be executed by both parties. After this contract is signed, Party A shall be responsible
for going through the contract registration formalities in the local competent house lease authority. If necessary, Party B shall
provide relevant supporting documents to assist Party A to handle registration formalities. Both parties shall bear own stamp duty.

 

17.5 This contract is in sextuplicate, with
Party A to hold three and Party B to hold two and the contract registration authority to hold one.

 

17.6 Appendixes are indispensable to the contract,
and they have the same legal effect as the contract. In case both parties need to separately attach other appendixes to this contract,
the appendixes shall be confirmed and agreed by both parties in writing.

 

17.7 Appendixes herein are as follows:

 

Appendix I.Both parties' Business Licenses,
identification, and other qualification information documents

 

Appendix II.Schematic Diagram of Leased Premises
Location

 

Appendix III.Criteria and Letter of Acceptance
Confirmation for Leased Premises

 

This contract comes into effect upon both parties'
signatures and ends on the date for expiry of tenancy.

  

Party A: Shenzhen Kingkey Banner Business
Management Co., Ltd.

Legal Representative:

Entrusted agent:

  

Party B: Shenzhen Moyi Technologies Co., Ltd.

Legal Representative:

Entrusted agent:

  

Registered by: (signature and stamp)

Contract registration authority: (signature
and stamp)

Month Date Year

 

    	 	7	 

     

    

 

Criteria for Property Delivery of Office
Building B in KK100

 

		1.	Public area

 

Lobby: A. Ground: marble; B. Walls: marble
and glass; C. Ceiling: emulsion paint ceiling, and black glass.

 

Lift hall: A. Ground: marble; B. Walls: marble
and glass; C. Ceiling: emulsion paint ceiling.

 

Public walkways: A. Ground: marble; B.Walls:
emulsion paint, glass, and wallpaper; C. Ceiling: emulsion paint

 

Washroom: A. Ground: marble; B. Walls: marble;
C. Ceiling: emulsion paint

 

Tea room: A. Ground: marble; B. Walls: marble;
C. Ceiling: emulsion paint

 

Balcony: A. Ground: marble; B. Walls: marble;
C. Ceiling: aluminum panels

 

	2.	Office area	 
	 	 	 
	Ground: rough; to be leveled with cement;	 

 

	Wall: rough; to be leveled with cement;	 
	 	 
	Ceiling: rough, without suspended ceiling; fire-fighting system to be provided; and has passed the one-time check;	 
	 	 
	Outer walls: L0W-E insulating glass, with out-opening windows;	

	 
	Unit interval walls: with good intervals;
	 
	Apartment entrance door: standard double-open glass doors and door pocket (dimension: 2.2×1.8 meters)

 

		3.	Air-conditioning system

 

In office area: an independent air conditioner
(Panasonic VRV air conditioner) and indoor unit (including a temperature controller); the air conditioning outlet is arranged by
commercial tenants in person, and it can be connected with a branch coiling machine.

 

Inside the public area: with a central air-conditioning
system

 

		4.	Lifts:

 

Five passenger lifts and one fire-fighting
lift (Shanghai Mitsubishi);

 

		5.	Power supply system with single-power and double-circuit power supply;

 

Stand-by generator: a 400KW of Wilson Generator
for public lighting and fire-fighting equipment;

 

Standard for power utilization in office area:
independent electricity meters — 8 KW for each office except 18 KW for one office located in the northern side on the floor
of odd number.

 

		6.	Communication system:

 

Customer premise network: Telecom and Unicom
have been connected for users.

 

Wireless signal coverage: Telecom, Unicom,
and China Mobile

 

		7.	Security system:

 

Monitoring center: the first floor underground
of Building B

 

Front-end camera: Bosch;

Hard disk video: Hiklife;

Display: Skyworth;

 

Main frame: local networking for the system;
the main frame of system switching adopts API matrix.

 

    	 	8	 

     

    

 

 

 

 

 

9

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