Document:

Exhibit 10.5

 

Share Transfer Agreement

of

Chongqing Fengyi Enterprise Management
Consulting Co., Ltd.

 

The ShareTransfer Agreement is entered
into by and among Party A and Party B through the friendly negotiation based on the principle of equality, mutual benefit and good
faith in accordance with the laws and regulations of the Company Law of the People’s Republic of China and Articles
of Association of Chongqing Fengyi Enterprise Management Consulting Co., Ltd. (hereinafter referred to as the Company) for
the mutual complaince of the Parties.

 

Party A (Transferor):

Renshou Xinrui Enterprise Management Center
(Limited Partnership)

Add.: No.246, 1F, Unit 1, Building 1, Renhe
Street, Wenlin Town, Renshou County.

 

Party B (Transferee): Chengdu Puyi Bohui
Information Technology Co., Ltd.

Add.: 1F, Building 10, No. 16, South 4th
Section, Second Ring Road, Xiaojiahe, Chengdu High-tech Zone

 

Article I Share transfer

 

1. Party A shall transfer its equity held
in the amount of RMB 29,700,000 in the Company to Party B;

 

2. Party B agrees to accept the above share
transferred;

 

3. The transfer price mutually determined
is RMB 0,000;

 

4. Party A warrants that the share transferred
to Party B is free from the third party’s right of claim and unencumbered with any pledge, and has no any dispute or litigation
involved.

 

5. Upon the completion of the share transfer,
the shareholder’s corresponding rights and obligations will be enjoyed and assumed by Party B instead of Party A.

 

6. Party A shall provide the necessary
cooperation and coordination for relevant legal procedures, such as approval and change registration, handled by the Company and
Party B.

 

Article II Liabilities for breach 

 

1. After the formal signing of the Agreement,
either party’s failure to perform or completely perform the terms and conditions of the Agreement will constitute a breach
of the Agreement. The breaching party shall be responsible for compensating the loss caused by such breach to the non-breaching
party.

 

2. In case of either party’s breach,
the non-breaching party is entitled to request the breaching party to continue performing the Agreement.

 

     

     

    

 

Article III Applicable law and dispute
settlement

 

1. The Agreement is governed by the laws
of the People’s Republic of China.

 

2. All disputes arising out of the performance
of the Agreement or in connection to the Agreement shall be settled through the friendly negotiation; if such negotiation fails,
it shall be settled through the litigation.

 

Article IV Effectiveness of the Agreement
and others

 

1. This Agreement shall be effective after
the Parties sign or chop on it.

 

2. The effective date of the Agreement
is the date of the share transfer. The Company shall change the Register of Shareholders, renew the Capital Contribution Certificate,
and apply to the registration authority for registration or filing of the relevant change.

 

3. The Agreement is made in quadruplicate,
with Party A and Party B respectively holding one, the Company holding one and the relevant change registration or filing organization
holding one for such registration or filing.

 

Party A: Renshou Xinrui Enterprise Management
Center (Limited Partnership)

/s/ Seal of Renshou Xinrui Enterprise Management
Center (Limited Partnership)

 

Party B: Chengdu Puyi Bohui Information
Technology Co., Ltd.

/s/ Seal of Chengdu Puyi Bohui Information
Technology Co., Ltd.Exhibit 10.6

 

Share
Transfer Agreement

 

This
Agreement is entered into by and among the following three parties in Chengdu on December 28, 2016.

 

Transferor:
Chengdu Puyi Bohui Information Technology Co., Ltd. (hereinafter referred to as “Party A”)

Unified
Social Credit Code: 91510100594666757E

Legal
Representative: Yu Haifeng

Registered
add.: 1F, Building 10, No. 16, South 4th Section, Second Ring Road, Xiaojiahe, Chengdu High-tech Zone

Agent:
Feng Luo (female; born on June 17, 1985; ID No.: 320981198506170962)

 

First
Transferee: Renshou Xinrui Enterprise Management Center (Limited Partnership) (hereinafter referred to as “Party B”)

Unified
Social Credit Code: 91511421MA62J7X45B

Executive
Partner: Yu Haifeng

Registered
add.: No. 246, 1F, Unit 1, Building 1, No. 246, Renhe Street, Wenlin Town, Renshou County

Agent:
Chen Hongming (male; born on April 18, 1981; ID No.: 511121198104183636)

 

Second
Transferee: Yu Haifeng (hereinafter referred to as “Party C”)

ID
No.: 410103197407181353

Add.:
No. 3, Yishanyi Street, Luogang District, Guangzhou City

 

Target
company: Guangdong Fanhua Puyi Asset Management Co., Ltd. (hereinafter referred to as “the Company”)

Unified
Social Credit Code: 91440300069264493C

Legal
Representative: Yu Haifeng

Registered
add.: Unit 1901, Golden Business Center, No. 2028, Shennan East Road, Dongmen Street, Luohu District, Shenzhen City (stationed
into Shenzhen Fanhua Fund Management Service Co., Ltd.)

 

    1

     

    

 

WHEREAS:

 

The
Company is a limited liability company duly incorporated and existing under the laws of China, with registered capital of RMB
30 million Yuan and paid-up capital of 30 million Yuan; Party A contributed RMB 30 million Yuan and holds 100% share of the Company.
As of the date of signing the Agreement, all shareholders enjoy all shareholders’ right legally based on their contributions.

 

The
three parties hereof enter into the following agreement through friendly consultation in accordance with the applicable laws and
regulations, and in the spirit of equality and mutual benefit and in good faith:

 

1.
Share transfer and share transfer price

 

1.1
Party A intends to transfer 99% of its shares in the Company to Party B, and Party B agrees to accept the transfer of the target
shares. Both Party A and Party B confirm that the price of such share transfer is RMB 29.70 million Yuan. Party B shall pay such
price to Party A at a time with 30 days after the completion of share delivery.

 

1.2
Party A intends to transfer 1% of its shares in the Company to Party C, and Party C agrees to accept the transfer of the target
shares. Both Party A and Party C confirm that the price of such share transfer is RMB 300 thousand Yuan. Party C shall pay such
price to Party A at a time with 30 days after the completion of share delivery.

 

2.
Share delivery

 

2.1
The share deliver hereunder shall conform to the following conditions:

 

2.1.1
The internal decision-making departments of the three parties have made a decision and agreed the share transfer hereunder in
accordance with laws, provisions, administrative rules, and respective Articles of Association of the Parties;

 

2.1.2
The approval (if any) for changes of company shareholders has been obtained from government regulation authorities; the three
parties have agreed to fully cooperate and provide relevant materials and information;

 

2.1.3
All statements and warranties made by the three parties hereunder are true, complete, and accurate, without material false statement
and material concealment, and are in continuous effectiveness before the delivery date;

 

    2

     

    

 

2.1.4
The obligations hereunder which shall be fulfilled by the three partied before the delivery date have been fulfilled by the three
parties in accordance with terms and conditions hereunder.

 

2.2
Upon the completion of the share deliver, or other date confirmed in written form by the Transferor and Transferee (Party A and
Party B or Party A and Party C), rights and obligations of Party A corresponding to its equities shall be transferred to Party
B or Party C together with the transfer of equities and shall be enjoyed and assumed by Party B and Party C in accordance with
regulation of articles of association.

 

3.
Representations, Warranties and Covenants of the Parties 

 

3.1
Representations, Warranties and Covenants of Party A

 

Party
A assures that the representations and warranties hereunder are true, complete and correct, and shall remain effective as of the
expiration date of this agreement with exception to those that have been disclosed:

 

3.1.1
Party A is a limited liability company duly incorporated and existing under the laws of China and a shareholder on the industrial
and commercial registration list who legally holds the equities of the company to be transferred and who is the sole oblige of
such equities;

 

3.1.2
Party A has not established any mortgage, pledge, guarantee, trusteeship management, encumbrance or other obstacles that may cause
the equities to be subject to the recourse or claim for rights by a third party on such equities for its or any third party’s
interests;

 

3.1.3
Except the Agreement, there is no any other binding agreement, decision or other right to sell, transfer, distribute, guarantee
or dispose such equities owned by Party A in other ways;

 

3.1.4
With respect to the signing and performance of the Agreement, Party A has duly obtained all external and internal authorizations
necessary for the signing and performance of the Agreement, and has sufficient rights and ability to sign the Agreement and to
perform all obligations hereunder;

 

3.1.5
Party A has obtained the agreement on the transfer of the said equities of Party A through the resolution of the Board of Shareholders
of the Company;

 

3.1.6
Upon the execution of this Agreement, Party A shall be bound by it; and execution and performance of obligations, terms and conditions
hereof by Party A will not contravene any laws, regulations, administrative rules, administrative decisions, and mandatory provisions
of effective judgment, nor shall it Party A’s violation of Party A’s articles of association and resolution of the
Board of Directors;

 

3.1.7
Party A promises to actively cooperate with Party A to go through the Company’s share change formalities.

 

    3

     

    

 

3.2
Representation, Warranties and Covenants of Party B

 

Party
B assures that the representations and warranties hereunder are true, complete and correct, and shall remain effective as of the
expiration date of this agreement with exception to those that have been disclosed: 3.2.1 Party B has obtained all the necessary
approval and authorization and has the full right and capacity for the execution of this Agreement and the performance of all
the obligations under this Agreement;

 

3.2.2
Upon the execution of this Agreement, Party B shall be bound by it. And execution and performance of this Agreement by Party B
will not contravene applicable laws, regulations, rules, administrative decisions, legally effective judgments, arbitral decisions,
or any contracts or agreements that are binding upon Party B, or cause any conflicts of interest;

 

3.2.3
Party B has prepared enough funds and made sufficient financial arrangement for performing obligations hereunder. Such funds and
financial arrangement are enough to guarantee that Party B can perform payment obligations hereunder according to clauses and
conditions hereof;

 

3.2.4
Party B recognizes contract of the Company and Articles of Association, and guarantees to perform obligations and responsibilities
according to regulations of contract and Articles of Association;

 

3.3
Representation, Warranties and Covenants of Party C

 

Party
C assures that the representations and warranties hereunder are true, complete and correct, and shall remain effective as of the
expiration date of this agreement with exception to those that have been disclosed:3.3.1 Party C has obtained all the necessary
approval and authorization and has the full right and capacity for the execution of this Agreement and the performance of all
the obligations under this Agreement;

 

3.3.2
Upon the execution of this Agreement, Party B shall be bound by it. And execution and performance of this Agreement by Party B
will not contravene applicable laws, regulations, rules, administrative decisions, legally effective judgments, arbitral decisions,
or any contracts or agreements that are binding upon Party B, or cause any conflicts of interest;3.3.3 Party C has prepared enough
funds and made sufficient financial arrangement for performing obligations hereunder. Such funds and financial arrangement are
enough to guarantee that Party C can perform payment obligations hereunder according to clauses and conditions hereof;

 

    4

     

    

 

3.3.4
Party C recognizes contract of the Company and Articles of Association, and guarantees to perform obligations and responsibilities
according to regulations of contract and Articles of Association;

 

4.
Confidentiality 

 

4.1
The Parties hereby agree that the confidential obligation to the relevant content of this agreement and all business information,
technical information, financial information and other relevant documents, materials, information data related to the its communications,
execution and performance hereof shall bind upon all parties. No Party shall disclose the Confidential Information to any third
party, or make use of the Confidential Information for other purposes.

 

4.2
The following information is excluded from the above article 4.1:

 

4.2.1
Information that has already been disclosed or can be obtained in ways in accordance with this Agreement;

 

4.2.2
Information that has been obtained in ways that do not violate the confidential obligations; or

 

4.2.3
Information that is disclosed in line with applicable laws.

 

4.3
The confidential obligation shall still bind upon the related parties three years after the date the related parties know, understand,
and contact the Confidential Information.

 

5.
Expense and Taxes 

 

5.1
The Parties shall be responsible for their tax liability incurred in the shares transfer hereunder in compliance with the laws.

 

5.2
All the other expenses incurred, including without limitation to fees for filing the registration of changes with the industrial
and commercial authority should be borne by the Company.

 

6.
Liabilities for Breach

 

6.1
A Party hereto shall constitute a breach of this Agreement if such Party:

 

6.1.1
fails to perform any obligations hereunder;

 

6.1.2
violates any representations, warranties and covenants hereunder;

 

6.1.3
makes any false or misleading representations and warranties hereunder (either in good faith or bad faith).

 

6.2
In case that the aforesaid happen, the observant party has the right to require the defaulting party to take remedial measures
within thirty (30) days; if the defaulting party fails to do so, the observant party is entitled to terminate this agreement and
claim compensations for the losses.

 

    5

     

    

 

7.
Force Majeure 

 

7.1
Should any Party fail to perform its obligations set forth in this Agreement due to force majeure event, the Party affected could
claim to be exempted from the breach liabilities in light of the effects of force majeure event in line with applicable laws and
this Agreement.

 

7.2
The Party affected by the force majeure event shall perform the following obligations so that the Party could be exempted from
breach liabilities as set forth in 7.1:

 

7.2.1
take necessary measures to minimize or remove the effects of the event of force majeure to minimize the loss, otherwise the Party
shall be responsible for the losses caused by the ensuing events;

 

7.2.2
notify the other Parties without delay, and the notice shall not be made later than fifteen days thereafter under any circumstance;

 

7.2.3
try to resume performance of obligation(s)affected by force majeure event in the shortest time;

 

7.2.4
Provide sufficient proof for the existence and duration of force majeure.

 

7.3
Performance of Agreement under force majeure event

 

7.3.1
During the period of non-performance or partial non-performance of the Party or the Parties due to force majeure event, both Parties
shall continue to perform other obligations set forth in this Agreement

 

7.3.2
Should the force majeure persist for a period of more than ninety (90) days, the Parties shall, through amicable consultations,
decide how to perform this Agreement continuously, or seek other reasonable ways to minimize the effects of the force majeure
event.

 

8.
Applicable Laws 

 

The
formation, validity, interpretation, performance and dispute resolution of this Agreement shall be governed by related laws of
China.

 

9.
Dispute Resolution

 

9.1
Any dispute arising from or in connection with this Agreement shall be resolved by the Parties through amicable consultation;

 

9.2
If the Parties cannot resolve the dispute through amicable consultation within sixty (60) days after the occurrence thereof,the
parties can file a lawsuit.

 

    6

     

    

 

10.
Miscellaneous Clause

 

10.1
This Agreement constitutes the entire representations and agreement between the Parties and supersede any oral or written representations,
warranties, understandings and agreements concerning the subject matter hereof between the Parties prior to the execution hereof.

 

10.2
Each provision of this Agreement shall be independent and severable, if any provision of this Agreement is held to be illegal,
invalid, and unenforceable by the government, or judicial authority, the legality, validity and enforceability of the remaining
provisions of this Agreement shall not be affected or impaired thereby.

 

10.3
The Parties agree to engage in further negotiations on issues not mentioned herein, and enter into supplemental agreement in writing,
after the execution of this Agreement. The supplemental agreement shall constitute an integral part of this Agreement.

 

10.4
This Agreement shall be effective after the Parties sign or chop on it.

 

10.5
This Agreement shall be written in Chinese language in five(5) originals, with each Party and the Company holding one (1) original
thereof, the remaining shall be filed for approval at the authorized government office or for recording purpose, each of which
shall have equal legal validity.

 

Transferor (Party A): Chengdu Puyi Bohui Information Technology
Co., Ltd.

 

	By:	/s/ Feng Luo	 
	Name: Feng Luo	 

 

Legal Representative or Authorized Representative:

 

First Transferee (Party B): Renshou Xinrui Enterprise Management
Center (Limited Partnership)

 

	By:	/s/ Chen Hongming	 
	Name: Chen Hongming	 

 

Legal Representative or Authorized Representative:

 

Second Transferee (Party C): Yu Haifeng

 

	By:	/s/ Yu Haifeng	 

 

Target Company: Guangdong Fanhua Puyi Asset Management Co.,
Ltd.

 

/s/ Seal of Guangdong Fanhua Puyi Asset Management Co., Ltd

 

Chengdu City on December 28, 2016

 

    7

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