Document:

Exhibit
10.12

 

LOAN
AGREEMENT

 

Borrower(Party
A): SMARTEN TECHNOLOGY
CO.,LTD

Lender
(Party B) :
ZHONGNIAN TECHNOLOGY(BEIJING)CO.,LTD

 

Party
A and B agree
to borrow money on the principle of
equality, voluntariness and honesty. This loan
agreement is specially concluded for
both parties to abide by.

 

I.
Loan amount, loan interest rate and term

 

Both
parties agreed through negotiation that Party B shall
lend a total of RMB 300000 (say
total: RMB Three Hundred Thousand Yuan Only. ) to Party
A in cash.

 

Loan
interest rate 20%

The
loan term of this agreement is
from January 15, 2020 to July 14,
2020. (if Party B fails to pay the loan
to Party A before January 15, 2020, the starting
date of the loan term shall be calculated according
to the actual payment date of Party
B)

 

II.
Usage of loan

 

Party
A will use the borrowed
funds to supplement working capital. Party A’s account information:

Beneficiary
bank: Longxiang Sub Branch,Shenzhen,Agricultural
Bank of

China

Beneficiary
name: SMARTEN TECHNOLOGY CO.,LTD

Beneficiary account No. :
41024200040023259

 

III.
Repayment method

 

1. After
consensus, both parties choose the following
repayment methods: Upon expiration of the
loan term in this agreement, Party A will
repay the loan in a lump sum.

2. Party B designates the following bank accounts as receiving
accounts and guarantees that they are true and valid.
Within seven working days be-fore the expiration of the loan period,
Party A will remit the loan under this
agreement to the account.

 

    	第 1 页 共 4 页 

    	 

    

 

Beneficiary
bank: Oriental Plaza
Sub-branch, Beijing, China Merchants Bank

 Beneficiary name: ZHONGNIAN
TECHNOLOGY(BEIJING)CO.,LTD

Beneficiary
account No.: 110940132010901

 

 3. In case of prepayment, Party A shall notify Party B one working day in advance.

 

IV.
Party A’s guarantees

 

Repayment
date: before July 14, 2020

Repayment
amount: RMB 330,000 yuan (say total: RMB Three Hundred and

Thirty thousand yuan).

300,000+(300,000*20%)/2=330,000

 

1.Party
A is a company established in accordance with
the laws of the People’s
Republic of China, has the capacity
for civil rights and conduct necessary for signing and performing
this agreement, and can independently bear civil
liabilities.

2.All
documents and statements related to the loan provided
by Party A are
legal, true, accurate and complete.

3. 
Party A guarantees that this loan agreement will
not become invalid due to the change of
the legal representative or the company’s
shareholders, will not be subject to
any fraud, and is an irrevocable,
irrevocable and unconditional guarantee to be
cashed on demand certificate with permanent
legal effect. After the maturity of
the borrowed funds, if Party B fails
to fulfill its commitment, maliciously evades or deliberately
delays the repayment, it is willing to accept
the following treatment: Party B can directly
bring a lawsuit to the court to re-
cover from our company by virtue
of this loan agreement, and we unconditionally
waive all defenses and counterclaims. Party
B may freeze the bank
account of our company according to law
by virtue of this
loan agreement; The loan agreement is
converted into an IOU
owed by us to Party B;
Recover the cashed amount and charge
interest according to the loan interest rate; All expenses
incurred during the recourse period shall
be borne by our company.

 

    	第 2 页 共 4 页 

    	 

    

 

V.
Party A’s Obligations

 

1. Party A
shall pay off the loan principal in accordance
with the agreement.

 

2. During the
loan period, in case of any major
change in Party A’s business
decision (including but not limited to share
conversion, reorganization, merger, division, joint venture, cooperation, change of business scope and registered
capital, etc.) that may affect Party
B’s rights and interests, Party A shall notify
Party B in writing at least
seven working days in advance, and implement the
loan repayment responsibility or pay
off in advance.

 

3. Without the written
consent of Party B, Party A shall not
transfer or disguise the debt
liability of this agreement in any
way.

 

4.
In case of major events affecting Party A’s ability to perform the agreement, including but not limited
to major economic disputes, suspension of business,
closure of business, declaration of
bankruptcy, dissolution, revocation of business
license, revocation, deterioration of financial situation, etc., Party A
shall immediately notify Party B in writing.

 

5. During
the loan period, if Party A changes the
legal person’s name, legal representative,
domicile, telephone, fax, etc., Party A shall notify Party B in writing
within seven working days after the change.

 

VI.
Party B’s obligations

 

1. Party B
shall lend funds to Party A in full and
on time in accordance with the agreement.

 

2. Party B
shall keep confidential the business secrets of Party
A and the ma- terials, data and other information
required to be kept confidential by Party A
in the process of negotiation,
conclusion and performance of this
agreement.

 

VII.
liability for breach of contract

 

1. After
this agreement takes effect, if Party A fails to perform
its obligations in accordance with the
agreement, it shall bear the
corresponding liability for breach of contract.
Party A shall be responsible for the relevant
taxes (value-

added
tax, enterprise income tax, surtax, etc.) incurred by
Party B due to Par-
ty A’s failure to repay the loan
on schedule.

 

    	第 3 页 共 4 页 

    	 

    

 

2.
In case of any of the following
circumstances, Party B shall have the right to require
Party A to repay the loan and other expenses immediately, and the
date on which Party B requires Party A to repay
the above amount shall be the date of expiration
of the loan term of this
agreement.

 

(1) Party
A fails to repay the loan on schedule
and fails to repay it after being
urged by Party B;

 

(2) Party A’s business is closed,
declared bankrupt, dissolved, its business license is revoked,
revoked, involving major economic disputes, deterioration of financial
situation, etc;

 

(3) Party
A has a major event that
endangers, damages or may endanger
or damage Party B’s rights and interests.

 

This
agreement is made
in duplicate, with each party holding one copy. It
will come into force after signing and sealing. Other matters not covered shall be
decided by both parties through negotiation.

 

Party
A: SMARTEN TECHNOLOGY CO.,LTD  (STAMP)

 

Unified
social credit code:

914403003194288778
Legal person (or agent)

	signature:	/s/
    NAN DU

Address:

Tel:

Party
B: ZHONGNIAN
TECHNOLOGY(BEIJING)CO.,LTD 
(STAMP)

Unified
social credit code:

	Legal
    person (or agent) signature:	/s/
    NIANXU ZENG

Address:

Tel:

 

    	第 4 页 共 4 页Exhibit
10.13

 

LOAN
AGREEMENT

 

Borrower
(Party A): SMARTEN TECHNOLOGY CO.,LTD

Lender
(Party B) :ZHONGNIAN TECHNOLOGY(BEIJING)CO.,LTD

 

Party
A and B agree to borrow money on the principle of equality, voluntariness and honesty. This loan agreement is specially concluded for
both parties to abide by.

 

I.
Loan amount, loan interest rate and term

 

Both
parties agreed through negotiation that Party B shall lend a total of RMB 200000 (say total: RMB Two Hundred Thousand Yuan Only.) to
Party A in cash.

 

Loan
interest rate 20%

The
loan term of this agreement is from May 6, 2020 to November 5, 2020. (if Party B fails to pay the loan to Party A before May 6, 2020,
the starting date of the loan term shall be calculated according to the actual payment date of Party B)

 

II.
Usage of loan

 

Party
A will use the borrowed funds to supplement working capital. Party A’s account information:

Beneficiary
bank: Longxiang Sub Branch, Shenzhen, Agricultural Bank of

China

Beneficiary
name: SMARTEN TECHNOLOGY CO.,LTD

Beneficiary account No. : 41024200040023259

 

III.
Repayment method

 

1.
After consensus, both parties choose the following repayment methods: Upon expiration of the loan term in this agreement, Party A will
repay the loan in a lump sum.

2.
Party B designates the following bank accounts as receiving accounts and guarantees that they are true and valid. Within seven working
days before the expiration of the loan period, Party A will remit the loan under this agreement to the account.

 

    	第 1 页 共 4 页

    	 

    

 

Beneficiary
bank: Oriental Plaza Sub-branch, Beijing, China Merchants Bank

Beneficiary
name: ZHONGNIAN TECHNOLOGY(BEIJING)CO.,LTD

Beneficiary
account No.: 110940132010901

 

3.
In case of prepayment, Party A shall notify Party B one working day in advance.

 

IV.
Party A’s guarantees

 

Repayment
date: before November 5, 2020

Repayment
amount: RMB 220,000 yuan (say total: RMB Two Hundred and

Twenty
thousand yuan).

200,000+(200,000*20%)/2=220,000

 

1.
Party A is a company established in accordance with the laws of the People’s Republic of China, has the capacity for civil rights
and conduct necessary for signing and performing this agreement, and can independently bear civil liabilities.

2.
All documents and statements related to the loan provided by Party A are legal, true, accurate and complete.

3.
Party A guarantees that this loan agreement will not become invalid due to the change of the legal representative or the company’s
shareholders, will not be subject to any fraud, and is an irrevocable, irrevocable and unconditional guarantee to be cashed on demand
certificate with permanent legal effect. After the maturity of the borrowed funds, if Party B fails to fulfill its commitment, maliciously
evades or deliberately delays the repayment, it is willing to accept the following treatment: Party B can directly bring a lawsuit to
the court to re- cover from our company by virtue of this loan agreement, and we unconditionally waive all defenses and counterclaims.
Party B may freeze the bank account of our company according to law by virtue of this loan agreement; The loan agreement is converted
into an IOU owed by us to Party B; Recover the cashed amount and charge interest according to the loan interest rate; All expenses incurred
during the recourse period shall be borne by our company.

 

    	第 2 页 共 4 页

    	 

    

 

V.
Party A’s Obligations

 

1.
Party A shall pay off the loan principal in accordance with the agreement.

 

2.
During the loan period, in case of any major change in Party A’s business decision (including but not limited to share conversion,
reorganization, merger, division, joint venture, cooperation, change of business scope and registered capital, etc.) that may affect
Party B’s rights and interests, Party A shall notify Party B in writing at least seven working days in advance, and implement the
loan repayment responsibility or pay off in advance.

 

3.
Without the written consent of Party B, Party A shall not transfer or disguise the debt liability of this agreement in any way.

 

4.
In case of major events affecting Party A’s ability to perform the agreement, including but not limited to major economic disputes,
suspension of business, closure of business, declaration of bankruptcy, dissolution, revocation of business license, revocation, deterioration
of financial situation, etc., Party A shall immediately notify Party B in writing.

 

5.
During the loan period, if Party A changes the legal person’s name, legal representative, domicile, telephone, fax, etc., Party
A shall notify Party B in writing within seven working days after the change.

 

VI.
Party B’s obligations

 

1.
Party B shall lend funds to Party A in full and on time in accordance with the agreement.

 

2.
Party B shall keep confidential the business secrets of Party A and the ma- terials, data and other information required to be kept confidential
by Party A in the process of negotiation, conclusion and performance of this agreement.

 

VII.
liability for breach of contract

 

1.
After this agreement takes effect, if Party A fails to perform its obligations in accordance with the agreement, it shall bear the corresponding
liability for breach of contract. Party A shall be responsible for the relevant taxes (value-

added
tax, enterprise income tax, surtax, etc.) incurred by Party B due to Par- ty A’s failure to repay the loan on schedule.

 

    	第 3 页 共 4 页

    	 

    

 

2.
In case of any of the following circumstances, Party B shall have the right to require Party A to repay the loan and other expenses immediately,
and the date on which Party B requires Party A to repay the above amount shall be the date of expiration of the loan term of this agreement.

 

(1)
Party A fails to repay the loan on schedule and fails to repay it after being urged by Party B;

 

(2)
Party A’s business is closed, declared bankrupt, dissolved, its business license is revoked, revoked, involving major economic
disputes, deterioration of financial situation, etc;

 

(3)
Party A has a major event that endangers, damages or may endanger or damage Party B’s rights and interests.

 

This
agreement is made in duplicate, with each party holding one copy. It will come into force after signing and sealing. Other matters not
covered shall be decided by both parties through negotiation.

 

Party
A: SMARTEN TECHNOLOGY CO.,LTD  ( STAMP)

Unified
social credit code: 914403003194288778

		

	Legal
    person (or agent) signature:	

Address:

Tel:

 

Party
B: ZHONGNIAN TECHNOLOGY(BEIJING)CO.,LTD  ( STAMP)

Unified
social credit code:

	Legal
    person (or agent) signature:	

Address:

Tel:

 

    	第 4 页 共 4 页

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