Document:

EX-10.3

 Exhibit 10.3 

Exclusive Business Cooperation Agreement 

This Exclusive Business Cooperation Agreement (“this Agreement”) is made and entered into by and between the following Parties on October 12,
2017 in Guangzhou, the People’s Republic of China (“China” or “PRC”): 
 Party A: Guangzhou Cornerstone Corporate Consulting
Co., Ltd. 
 Address: 1101 ZiBian C80, No. 8 Jinsui Rd., Tianhe District, Guangzhou, PRC 

Party B: Guangzhou Cornerstone Capital Management Co., Ltd. 

Address: 4901&4912, Guangzhou CTF Finance Center, No. 6 East Zhujiang Rd., Zhujiang New Town, Guangzhou, PRC 

Each of Party A and Party B shall be hereinafter referred to as a “Party” respectively, and as the “Parties” collectively. 

Whereas, 
 1. Party A is a wholly-foreign-owned enterprise
established in China, and has the necessary resources to provide technical and consulting services, as set forth hereunder; 
 2. Party B is a domestic
limited liability company established in China, and is entitled to engage in business services industry (“Principal Business”); 
 3. Party A is
willing to provide Party B with exclusive technical, consulting and other services in relation to the Principal Business during the term of this Agreement utilizing its own advantages in human resources, technology and information, and Party B is
willing to accept such services provided by Party A or Party A’s designee(s), each on the terms set forth herein. 
 Now, therefore, through mutual
discussion, the Parties have reached the following agreements: 
  

	1	Services Provided by Party A 

 1.1 Party B hereby appoints Party A as Party B’s exclusive services
provider to provide Party B with complete business support and technical and consulting services during the term of this Agreement, in accordance with the terms and conditions of this Agreement and to the extent permitted by the currently effective
laws of China, which may include all services within the business scope of Party B as may be determined from time to time by Party A, such as but not limited to technical services, business consultations, equipment or property leasing, and marketing
consultancy. 

  
 1 

 1.2 Party B agrees to accept all the consultations and services provided by Party A. Party B further agrees that
unless with Party A’s consent, during the term of this Agreement, Party B shall not accept any similar consultations and/or services provided by any third party and shall not establish similar corporation relationship with any third party
regarding the matters contemplated by this Agreement. Party B may, based on its operational needs, accept consultations and/or services provided by any third party, or establish corporation relationship with any third party, presumed such
consultations, services, or corporation relationships will not be provided by Party A. Party A may appoint other parties, who may enter into certain agreements described in Section 1.3 with Party B, to provide Party B with the consultations
and/or services under this Agreement. 
  

	2	Service Providing Methodology 

 2.1 Party A and Party B agree that during the term of this Agreement,
Party B may enter into further consulting service agreements with Party A or any other party designated by Party A, which shall provide the specific contents, manner, personnel, and fees for the specific consulting services. 

2.2 To fulfill this Agreement, Party A and Party B agree that during the term of this Agreement, Party B may enter into equipment or property leases with
Party A or any other party designated by Party A which shall permit Party B to use Party A’s relevant equipment or property based on the needs of the business of Party B. 

 

	3	The Calculation and Payment of the Service Fees 

 Both Parties agree that, during the terms of this
Agreement, in consideration of the services provided by Party A, Party B shall pay to Party A the fees (the “Service Fees”) equal to 100% of the net income of Party B, which is Party B’s earnings before corporate income tax, being the
monthly revenues after deduction of operating costs, expenses and other taxes; provided that upon mutual discussion between the Parties and the prior consent by Party A, the rate of Service Fees may be adjusted based on the services rendered by
Party A in that month and the operational needs of Party B. The Service Fees shall be due and payable on a monthly basis; within 30 days after the end of each month, Party B shall (a) deliver to Party A the management accounts and operating
statistics of Party B for such month, including the net income of Party B during such month (the “Monthly Net Income”), and (b) pay 100% of such Monthly Net Income, or other amount agreed by Party A, to Party A (each such payment, a
“Monthly Payment”). If such earnings after deduction of operating costs, expenses and other legal taxes are zero or negative, Party B is not required to pay the Service Fees; if Party B sustains losses, all such losses will be carried over
to the following month(s) and deducted from the following month(s)’ Service Fees. Within ninety (90) days after the end of each fiscal year, Party B shall (a) deliver to Party A audited financial statements of Party B for such fiscal
year, which shall be audited and certified by an independent certified public accountant approved by Party A, and (b) pay an amount to Party A equal to the shortfall, if any, of the net income of Party B for such fiscal year, as shown in such
audited financial statements, as compared to the aggregate amount of the Monthly Payments paid by Party B to Party A in such fiscal year. 

  
 2 

	4	Intellectual Property Rights and Confidentiality Clauses 

 4.1 Party A shall have exclusive and
proprietary rights and interests in all rights, ownership, interests and intellectual properties arising out of or created during the performance of this Agreement, including but not limited to copyrights, patents, patent applications, software,
technical secrets, trade secrets and others. 
 4.2 The Parties acknowledge that the existence and the terms of this Agreement and any oral or written
information exchanged between the Parties in connection with the preparation and performance this Agreement are regarded as confidential information. Each Party shall maintain confidentiality of all such confidential information, and without
obtaining the written consent of the other Party, it shall not disclose any relevant confidential information to any third parties, except for the information that: (a) is or will be in the public domain (other than through the receiving
Party’s unauthorized disclosure); (b) is under the obligation to be disclosed pursuant to the applicable laws or regulations, rules of any stock exchange, or orders of the court or other government authorities; or (c) is required to be
disclosed by any Party to its shareholders, investors, legal counsels or financial advisors regarding the transaction contemplated hereunder, provided that such shareholders, investors, legal counsels or financial advisors shall be bound by the
confidentiality obligations similar to those set forth in this Section. Disclosure of any confidential information by the staff members or agencies hired by any Party shall be deemed disclosure of such confidential information by such Party, which
Party shall be held liable for breach of this Agreement. This Section shall survive the termination of this Agreement for any reason. 
 4.3 The Parties
agree that this Section shall survive changes to, and rescission or termination of, this Agreement. 
  

	5.	Representations and Warranties 

 5.1 Party A hereby represents and warrants as follows: 

5.1.1 Party A is a wholly foreign owned enterprise legally registered and validly existing in accordance with the laws of China. 

  
 3 

 5.1.2 Party A’s execution and performance of this Agreement is within its corporate capacity and the scope
of its business operations; Party A has taken necessary corporate actions and given appropriate authorization and has obtained the consent and approval from third parties and government agencies, and will not violate any restrictions in law or
otherwise binding or having an impact on Party A. 
 5.1.3 This Agreement constitutes Party A’s legal, valid and binding obligations, enforceable in
accordance with its terms. 
 5.2 Party B hereby represents and warrants as follows: 

5.2.1 Party B is a domestic limited liability company legally registered and validly existing in accordance with the laws of China. 

5.2.2 Party B’s execution and performance of this Agreement is within its corporate capacity and the scope of its business operations; Party B has taken
necessary corporate actions and given appropriate authorization and has obtained the consent and approval from third parties and government agencies, and will not violate any restrictions in law or otherwise binding or having an impact on Party B.

 5.2.3 This Agreement constitutes Party B’s legal, valid and binding obligations, and shall be enforceable against it. 

 

	6	Effectiveness and Term 

 This Agreement is executed on the date first above written and shall take effect
as of such date. Unless earlier terminated in accordance with the provisions of this Agreement or relevant agreements separately executed between the Parties, the term of this Agreement shall be permanent. After the execution of this Agreement, both
Parties are entitled to review this Agreement every 3 months to determine whether to amend or supplement the provisions in this Agreement based on the actual circumstances at that time. 

 

	7	Termination 

 7.1 During the term of this Agreement, unless Party A commits gross negligence, or a
fraudulent act, against Party B, Party B shall not terminate this Agreement prior to its expiration date. Nevertheless, Party A shall have the right to terminate this Agreement upon giving 30 days’ prior written notice to Party B at any time.

 7.2 The rights and obligations of the Parties under Articles 3, 7 and 8 shall survive the termination of this Agreement. 

  
 4 

	8	Governing Law and Resolution of Disputes 

 8.1 The execution, effectiveness, construction, performance,
amendment and termination of this Agreement and the resolution of disputes hereunder shall be governed by the laws of China. 
 8.2 In the event of any
dispute with respect to the construction and performance of the provisions of this Agreement, the Parties shall negotiate in good faith to resolve the dispute. In the event the Parties fail to reach an agreement on the resolution of such a dispute
within 30 days after any Party’s request for resolution of the dispute through negotiations, any Party may submit the relevant dispute to the China Nansha International Arbitration Centre for arbitration, in accordance with its then-effective
arbitration rules. The arbitration shall be conducted in Guangzhou, and the language used during arbitration shall be Chinese. The arbitration ruling shall be final and binding on both Parties. 

8.3 Upon the occurrence of any disputes arising from the construction and performance of this Agreement or during the pending arbitration of any dispute,
except for the matters under dispute, the Parties to this Agreement shall continue to exercise their respective rights under this Agreement and perform their respective obligations under this Agreement. 

 

	9	Indemnification 

 Party B shall indemnify and hold harmless Party A from any losses, injuries,
obligations or expenses caused by any lawsuit, claims or other demands against Party A arising from or caused by the consultations and services provided by Party A to Party B pursuant this Agreement, except where such losses, injuries, obligations
or expenses arise from the gross negligence or willful misconduct of Party A. 
  

	10	Notices 

 10.1 All notices and other communications required or permitted to be given pursuant to this
Agreement shall be delivered personally or sent by registered mail, postage prepaid, by a commercial courier service or by facsimile transmission to the address of such Party set forth below. A confirmation copy of each notice shall also be sent by
email. The dates on which notices shall be deemed to have been effectively given shall be determined as follows: 
 10.1.1 Notices given by personal
delivery, by courier service or by registered mail, postage prepaid, shall be deemed effectively given on the date of delivery or refusal at the address specified for notices. 

10.1.2 Notices given by facsimile transmission shall be deemed effectively given on the date of successful transmission (as evidenced by an automatically
generated confirmation of transmission). 

  
 5 

 10.2 For the purpose of notices, the addresses of the Parties are as follows: 

 

					
		  	Party A:	  	Guangzhou Cornerstone Corporate Consulting Co., Ltd.
		  	Address:	  	1101 ZiBian C80, No. 8 Jinsui Rd., Tianhe District,
		  	Attn:	  	Xu He
		  	Phone:	  	18665714713
			
		  	Party B:	  	Guangzhou Cornerstone Capital Management Co. Ltd.
		  	Address:	  	 4901&4912, Guangzhou CTF Finance Center, No. 6 East Zhujiang Rd.,

Zhujiang New Town, Guangzhou, PRC

		  	Attn:	  	Xiaoyang Zhuang
		  	Phone:	  	18529234888

 10.3 Any Party may at any time change its address for notices by a notice delivered to the other Party in accordance with the
terms hereof. 
  

	11	Assignment 

 11.1 Without Party A’s prior written consent, Party B shall not assign its rights and
obligations under this Agreement to any third party. 
 11.2 Party B agrees that Party A may assign its obligations and rights under this Agreement to any
third party upon a prior written notice to Party B but without the consent of Party B. 
  

	12	Severability 

 In the event that one or several of the provisions of this Agreement are found to be
invalid, illegal or unenforceable in any aspect in accordance with any laws or regulations, the validity, legality or enforceability of the remaining provisions of this Agreement shall not be affected or compromised in any aspect. The Parties shall
strive in good faith to replace such invalid, illegal or unenforceable provisions with effective provisions that accomplish to the greatest extent permitted by law and the intentions of the Parties, and the economic effect of such effective
provisions shall be as close as possible to the economic effect of those invalid, illegal or unenforceable provisions. 

  
 6 

	13	Amendments and Supplements 

 Any amendments and supplements to this Agreement shall be in writing. The
amendment agreements and supplementary agreements that have been signed by the Parties and that relate to this Agreement shall be an integral part of this Agreement and shall have the same legal validity as this Agreement. 

 

	14	Language and Counterparts 

 This Agreement is written in both Chinese and English language in two copies,
each Party having one copy with equal legal validity; in case there is any conflict between the Chinese version and the English version, the Chinese version shall prevail. 

[Remainder of page intentionally left blank] 

  
 7 

 (This page is signature page) 

Party A: Guangzhou Cornerstone Corporate Consulting Co., Ltd. (Seal) 

Legal Representative/Authorized Person (Signature) 
 Signature:
/s/ Xu He                             

Date: 2017.10.12 
 /s/ Seal of Guangzhou Cornerstone Corporate
Consulting Co., Ltd. 
 Party B: Guangzhou Cornerstone Capital Management Co., Ltd. (Seal) 

Legal Representative/Authorized Person (Signature) 
 Signature:
/s/ Xiaoyang Zhuang         
 Date: 2017.10.12 

/s/ Seal of Guangzhou Cornerstone Capital Management Co., Ltd. 

  
 8EX-10.4

 Exhibit 10.4 

Equity Interest Pledge Agreement 

Equity Interest Pledge Agreement 

This Equity Interest Pledge Agreement (“this Agreement”) is executed by and among the Parties below as of
October 12, 2017, in Guangzhou, the People’s Republic of China (“China” or “PRC”): 
  

	Party A:	Guangzhou Cornerstone Corporate Consulting Co., Ltd. (“Pledgee”) 

 Address: 1101
ZiBian C80, No. 8 Jinsui Rd., Tianhe District, Guangzhou, PRC 
  

	Party B:	All the shareholders of Party C (“Plegors”). Each and any shareholder is referred as a “Shareholder,” including 

Xu He, Identification No.: 440105198509025418; 

Qin Wu, Identification No.: 440102195312273247; 

Tao Lin, Identification No.: 440103198411122452; 

Weifeng Luo, Identification No.: 440103198603043011; 

Xiaohai Zhuang, Identification No.: 440102198503043237; 

Yueqin Zhao, Identification No.: 410123194808276929; and 

Meifang Liu, Identification No.: 440105195704103043 

Party C: Guangzhou Cornerstone Capital Management Co., Ltd. (“Party C”) 

Address: 4901&4912, Guangzhou CTF Finance Center, No. 6 East Zhujiang Rd., Zhujiang New Town, Guangzhou, PRC 

In this Agreement, each of Pledgee, Pledgors and Party C shall be referred to as a “Party” respectively, and they
shall be collectively referred to as the “Parties”. 
 Whereas: 

 

	1.	Pledgors are citizens of China, and, together, hold 100% of the equity interest in Party C. The equity interest of each Shareholder in Party C is specified as follows: 

 

					
	 Xu He
	  	 	37.5	% 
	 Qin Wu
	  	 	37.5	% 
	 Tao Lin
	  	 	5	% 
	 Weifeng Luo
	  	 	10	% 
	 Xiaohai Zhuang
	  	 	5	% 
	 Yueqin Zhao
	  	 	3	% 
	 Meifang Liu
	  	 	2	% 

  

	2.	Party C is a limited liability company registered in Guangzhou, China, engaging in business services. Party C acknowledges the respective rights and obligations of Pledgors and Pledgee under this Agreement, and intends
to provide any necessary assistance in registering the Pledge with the competent governmental authorities; 

  

	3.	Pledgee is a wholly foreign-owned enterprise registered in China. Pledgee and Party C, owned by Pledgors, have executed an Exclusive Business Cooperation Agreement on October 12, 2017 in Guangzhou;

  
 1 

Strictly Confidential 

 Equity Interest Pledge Agreement 

 

	4.	To ensure that Party C fully performs its obligations under the Exclusive Business Cooperation Agreement and pay the consulting and service fees thereunder to Pledgee when the same becomes due, Pledgors hereby pledge to
the Pledgee all of the equity interest they now and in the future hold in Party C (whether the percentage of the equity interest is changed or not in the future) as security for payment of the consulting and service fees by Party C under the
Business Cooperation Agreement. 

 To perform the provisions of the Business Cooperation Agreement, the Parties have mutually
agreed to execute this Agreement upon the following terms. 
  

	1.	Definitions 

 Unless otherwise provided herein, the terms below shall have the following
meanings: 
  

	 	1.1	Pledge: shall refer to the security interest granted by Pledgors to Pledgee pursuant to Article 2 of this Agreement, i.e., the right of Pledgee to be compensated on a preferential basis with the conversion, auction or
sales price of the Equity Interest. 

  

	 	1.2	Equity Interest: shall refer to all of the equity interest lawfully now held and hereafter acquired by Pledgors in Party C (whether the percentage of the equity interest of each Shareholder is changed or not in the
future). 

  

	 	1.3	Term of Pledge: shall refer to the term set forth in Section 3.2 of this Agreement. 

  

	 	1.4	Business Cooperation Agreement: shall refer to the Exclusive Business Cooperation Agreement executed by and between Party C and Pledgee on October 12, 2017 (Attachment 3). 

 

	 	1.5	Event of Default: shall refer to any of the circumstances set forth in Article 7 of this Agreement. 

  

	 	1.6	Notice of Default: shall refer to the notice issued by Pledgee in accordance with this Agreement declaring an Event of Default. 

  

	2.	The Pledge 

 As collateral security for the timely and complete payment and performance
when due (whether at stated maturity, by acceleration or otherwise) of any or all of the payments due by Party C, including and without limitation, the consulting and services fees payable to the Pledgee under the Business Cooperation Agreement,
Pledgors hereby pledge to Pledgee a first security interest in all of Pledgors’ right, title and interest, whether now owned or hereafter acquired by Pledgors, in the Equity Interest of Party C. 

  
 2 

Strictly Confidential 

 Equity Interest Pledge Agreement 

 

	3.	Term of Pledge 

  

	 	3.1	The Pledge shall become effective on such date when the pledge of the Equity Interest contemplated herein has been registered’ with relevant administration for industry and commerce (the “AIC”). The
Pledge shall be continuously valid until all payments due under the Business Cooperation Agreement have been fulfilled by Party C. Pledgors and Party C shall (1) register the Pledge in the shareholders’ register of Party C within 3
business days following the execution of this Agreement, and (2) submit an application to the AIC for the registration of the Pledge of the Equity Interest contemplated herein within 10 business days following the execution of this Agreement.
The Parties covenant that for the purpose of registration of the Pledge (including re-registration of the Pledge when the percentage of equity interest a Shareholder holds in Party C changes), the Parties hereto shall submit to the AIC the Equity
Interest Pledge Contract as set forth in the Attachment 4 of this Agreement in the form required by the AIC at the location of Party C which shall truly reflect the information of the Pledge hereunder (the “AIC Pledge Contract”).
For matters not specified in the AIC Pledge Contract, the Parties shall be bound by the provisions of this Agreement. Pledgors and Party C shall submit all necessary documents and complete all necessary procedures, as required by the PRC laws and
regulations and the relevant AIC, to ensure that the Pledge of the Equity Interest shall be registered with the AIC as soon as possible after filing. 

  

	 	3.2	During the Term of Pledge, in the event Party C fails to pay the exclusive consulting or service fees in accordance with the Business Cooperation Agreement, Pledgee shall have the right, but not the obligation, to
dispose of the Pledge in accordance with the provisions of this Agreement. 

  

	4.	Custody of Records for Equity Interest subject to Pledge 

  

	 	4.1	During the Term of Pledge set forth in this Agreement, Pledgors shall deliver to Pledgee’s custody the original capital contribution certificate for the Equity Interest (Attachment 2) and the original
shareholders’ register containing the Pledge (Attachment 1) within five (5) working days from the execution of this Agreement or from completion of the re-registration of shareholding when percentage of equity interest changed (in
that case, Pledgors shall deliver to Pledgee’s custody the updated original capital contribution certificate for the Equity Interest and the updated original shareholders’ register containing the Pledge as attachment to this Agreement).
Pledgee shall have custody of such original documents during the entire Term of Pledge set forth in this Agreement. 

  

	 	4.2	Pledgee shall have the right to collect dividends generated by the Equity Interest during the Term of Pledge. 

  

	5.	Representations and Warranties of Pledgor 

  

	 	5.1	Pledgors are the sole legal and beneficial owners of the Equity Interest. 

  

	 	5.2	Pledgee shall have the right to dispose of and transfer the Equity Interest in accordance with the provisions set forth in this Agreement. 

  
 3 

Strictly Confidential 

 Equity Interest Pledge Agreement 

 

	 	5.3	Upon execution, this Agreement shall constitute the Pledgors’ legal, valid and binding obligations in accordance with the provisions herein. 

 

	 	5.4	Except for the Pledge, Pledgors have not placed any security interest or other encumbrance on the Equity Interest. 

  

	 	5.5	There is no pending disputation or litigation proceeding related to the Equity Interest. 

  

	6.	Covenants and Further Agreements of Pledgors 

  

	 	6.1	Pledgors hereby covenant to the Pledgee, that during the term of this Agreement, Pledgors shall: 

  

	 	6.1.1	not transfer the Equity Interest, place or permit the existence of any security interest or other encumbrance on the Equity Interest, or disposal of the Equity Interest in any other means, without the prior written
consent of Pledgee, except for the performance of the Exclusive Option Agreement executed by Pledgors, the Pledgee and Party C on the execution date of this Agreement; 

 

	 	6.1.2	comply with the provisions of all laws and regulations applicable to the pledge of rights, and within five (5) working days of receipt of any notice, order or recommendation issued or prepared by relevant competent
authorities regarding the Pledge, shall present the aforementioned notice, order or recommendation to Pledgee, and shall comply with the aforementioned notice, order or recommendation or submit objections and representations with respect to the
aforementioned matters upon Pledgee’s reasonable request or upon consent of Pledgee; 

  

	 	6.1.3	promptly notify Pledgee of any event or notice received by Pledgors that may have an impact on Pledgee’s rights to the Equity Interest or any portion thereof, as well as any event or notice received by Pledgors
that may have an impact on any guarantees and other obligations of Pledgors arising out of this Agreement. 

  

	 	6.2	Pledgors agree that the rights acquired by Pledgee in accordance with this Agreement with respect to the Pledge shall not be interrupted or harmed by Pledgors or any heirs or representatives of Pledgors or any other
persons through any legal proceedings. 

  

	 	6.3	To protect or perfect the security interest granted by this Agreement for payment of the consulting and service fees under the Business Cooperation Agreement, Pledgors hereby undertake to execute in good faith and to
cause others who have an interest in the Pledge to execute all certificates, agreements, deeds and/or covenants required by Pledgee. Pledgors also undertake to perform and to cause others who have an interest in the Pledge to perform actions
required by Pledgee, to facilitate the exercise by Pledgee of its rights and authority granted thereto by this Agreement, and to enter into all relevant documents regarding ownership of Equity Interest with Pledgee or designee(s) of Pledgee (natural
persons/legal persons). Pledgors undertake to provide Pledgee within a reasonable time with all notices, orders and decisions regarding the Pledge that are required by Pledgee. 

  
 4 

Strictly Confidential 

 Equity Interest Pledge Agreement 

 

	 	6.4	Pledgors hereby undertake to comply with and perform all guarantees, promises, agreements, representations and conditions under this Agreement. In the event of failure or partial performance of its guarantees, promises,
agreements, representations and conditions, Pledgors shall indemnify Pledgee for all losses resulting therefrom. 

  

	7.	Event of Breach 

  

	 	7.1	The following circumstances shall be deemed Event of Default: 

  

	 	7.1.1	Party C fails to fully and timely fulfill any liabilities under the Business Cooperation Agreement, including without limitation failure to pay in full any of the consulting and service fees payable under the Business
Cooperation Agreement or breaches any other obligations of Party C thereunder; 

  

	 	7.1.2	Pledgors or Party C have committed a material breach of any provisions of this Agreement; 

  

	 	7.1.3	Pledgors and Party C fail to register the Pledge in the shareholders’ register of Party C, or fail to complete the Registration of Pledge stipulated in Section 3.1; 

 

	 	7.1.4	Except as expressly stipulated in Section 6.1.1, Pledgors transfer or purport to transfer or abandons the Equity Interest pledged, or assign the Equity Interest pledged without the written consent of Pledgee; and

  

	 	7.1.5	The successor or custodian of Party C is capable of only partially perform or refuses to perform the payment obligations under the Business Cooperation Agreement. 

 

	 	7.2	Upon notice or discovery of the occurrence of any circumstances or event that may lead to the aforementioned circumstances described in Section 7.1, Pledgors shall immediately notify Pledgee in writing accordingly.

  

	 	7.3	Unless an Event of Default set forth in this Section 7.1 has been successfully resolved to Pledgee’s satisfaction within twenty (20) working days after the Pledgee delivers a notice to Pledgors requesting
ratification of such Event of Default, Pledgee may issue a Notice of Default to Pledgors in writing at any time thereafter, demanding Pledgors to immediately dispose of the Pledge in accordance with the provisions of Article 8 of this Agreement.

  
 5 

Strictly Confidential 

 Equity Interest Pledge Agreement 

 

	8.	Exercise of Pledge 

  

	 	8.1	Prior to the full payment of the consulting and service fees described in the Business Cooperation Agreement, without the Pledgee’s written consent, Pledgors shall not assign the Pledge or the Equity Interest in
Party C. 

  

	 	8.2	Pledgee may issue a Notice of Default to Pledgors when exercising the Pledge. 

  

	 	8.3	Subject to the provisions of Section 7.3, Pledgee may exercise the right to enforce the Pledge at the time when, or at any time after, the issuance of the Notice of Default in accordance with Section 8.2. Once
Pledgee elects to enforce the Pledge, Pledgors shall cease to be entitled to any rights or interests associated with the Equity Interest. 

  

	 	8.4	In the event of default, Pledgee is entitled to dispose of the Equity Interest pledged in accordance with applicable PRC laws. Only to the extent permitted under applicable PRC laws, Pledgee has no obligation to account
to Pledgors for proceeds of disposition of the Equity Interest, and Pledgors hereby waive any rights it may have to demand any such accounting from Pledgee; Likewise, in such circumstance Pledgors shall have no obligation to Pledgee for any
deficiency remaining after such disposition of the Equity Interest pledged. 

  

	 	8.5	When Pledgee disposes of the Pledge in accordance with this Agreement, Pledgors and Party C shall provide necessary assistance to enable Pledgee to enforce the Pledge in accordance with this Agreement.

  

	9.	Assignment 

  

	 	9.1	Without Pledgee’s prior written consent, Pledgors shall not have the right to assign or delegate their rights and obligations under this Agreement. 

 

	 	9.2	This Agreement shall be binding on Pledgors and their successors and permitted assigns, and shall be valid with respect to Pledgee and each of its successors and assigns. 

 

	 	9.3	At any time, Pledgee may assign any and all of its rights and obligations under the Business Cooperation Agreement to its designee(s) (natural/legal persons), in which case the assigns shall have the rights and
obligations of Pledgee under this Agreement, as if it were the original party to this Agreement. When the Pledgee assigns the rights and obligations under the Business Cooperation Agreement, upon Pledgee’s request, Pledgors shall execute
relevant agreements or other documents relating to such assignment. 

  

	 	9.4	In the event of a change in Pledgee due to an assignment, Pledgors shall, at the request of Pledgee, execute a new pledge agreement with the new pledgee on the same terms and conditions as this Agreement, and register
for change of the same with the competent AIC. 

  
 6 

Strictly Confidential 

 Equity Interest Pledge Agreement 

 

	 	9.5	Pledgors shall strictly abide by the provisions of this Agreement and other agreements jointly or separately executed by the Parties hereto or any of them, including the Exclusive Option Agreement and the Power of
Attorney of each Shareholder granted to Pledgee, perform the obligations hereunder and thereunder, and refrain from any action/omission that may affect the effectiveness and enforceability thereof. Any remaining rights of Pledgors with respect to
the Equity Interest pledged hereunder shall not be exercised by Pledgors except in accordance with the written instructions of Pledgee. 

  

	10.	Termination 

 Upon the full payment of the consulting and service fees under the Business
Cooperation Agreement and upon termination of Party C’s obligations under the Business Cooperation Agreement, this Agreement shall be terminated, and Pledgee shall then cancel or terminate this Agreement as soon as reasonably practicable. 

 

	11.	Handling Fees and Other Expenses 

 All fees and out of pocket expenses relating to this
Agreement, including but not limited to legal costs, costs of production, stamp tax and any other taxes and fees, shall be borne by Party C. 
  

	12.	Confidentiality 

 The Parties acknowledge that the existence and the terms of this
Agreement and any oral or written information exchanged between the Parties in connection with the preparation and performance this Agreement are regarded as confidential information. Each Party shall maintain confidentiality of all such
confidential information, and without obtaining the written consent of the other Party, it shall not disclose any relevant confidential information to any third parties, except for the information that: (a) is or will be in the public domain
(other than through the receiving Party’s unauthorized disclosure); (b) is under the obligation to be disclosed pursuant to the applicable laws or regulations, rules of any stock exchange, or orders of the court or other government
authorities; or (c) is required to be disclosed by any Party to its shareholders, investors, legal counsels or financial advisors regarding the transaction contemplated hereunder, provided that such shareholders, investors, legal counsels or
financial advisors shall be bound by the confidentiality obligations similar to those set forth in this Section. Disclosure of any confidential information by the staff members or agencies hired by any Party shall be deemed disclosure of such
confidential information by such Party, which Party shall be held liable for breach of this Agreement. This Section shall survive the termination of this Agreement for any reason. 

 

	13.	Governing Law and Resolution of Disputes 

  

	 	13.1	The execution, effectiveness, construction, performance, amendment and termination of this Agreement and the resolution of disputes hereunder shall be governed by the laws of China. 

  
 7 

Strictly Confidential 

 Equity Interest Pledge Agreement 

 

	 	13.2	In the event of any dispute with respect to the construction and performance of this Agreement, the Parties shall first resolve the dispute through friendly negotiations. In the event the Parties fail to reach an
agreement on the dispute within 30 days after either Party’s request to the other Parties for resolution of the dispute through negotiations, either Party may submit the relevant dispute to the China Nansha International Arbitration Centre for
arbitration, in accordance with its Arbitration Rules. The arbitration shall be conducted in Guangzhou, and the language used in arbitration shall be Chinese. The arbitration award shall be final and binding on all Parties. 

 

	 	13.3	Upon the occurrence of any disputes arising from the construction and performance of this Agreement or during the pending arbitration of any dispute, except for the matters under dispute, the Parties to this Agreement
shall continue to exercise their respective rights under this Agreement and perform their respective obligations under this Agreement. 

  

	14.	Notices 

  

	 	14.1	All notices and other communications required or permitted to be given pursuant to this Agreement shall be delivered personally or sent by registered mail, postage prepaid, by a commercial courier service or by
facsimile transmission to the address of such party set forth below. A confirmation copy of each notice shall also be sent by E-mail. The dates on which notices shall be deemed to have been effectively given shall be determined as follows:

  

	 	14.2	Notices given by personal delivery, by courier service or by registered mail, postage prepaid, shall be deemed effectively given on the date of delivery or refusal at the address specified for notices.

  

	 	14.3	Notices given by facsimile transmission shall be deemed effectively given on the date of successful transmission (as evidenced by an automatically generated confirmation of transmission). 

 

	 	14.4	For the purpose of notices, the addresses of the Parties are as follows: 

  

	 	Pledgee:	Guangzhou Cornerstone Corporate Consulting Co., Ltd. 

	 	Address:	1101 ZiBian C80, No. 8 Jinsui Rd., Tianhe District, Guangzhou, PRC 

	 	Attn:	Xu He 

	 	Phone:	18665714713 

 Pledgors: 

 

	 	Shareholder:	Xu He 

	 	Address:	Room 1603, No. 25, compound 206, Haizhu District, Guangzhou 

	 	Phone:	18665714713 

  
 8 

Strictly Confidential 

 Equity Interest Pledge Agreement 

 

	 	Shareholder:	Qin Wu 

	 	Address:	Room 1004, No. 39, Xiaonaner Street, Haizhu District, Guangzhou 

	 	Phone:	18529234888 

  

	 	Shareholder:	Tao Lin 

	 	Address:	3/F, No. 1 Fengyuan middle Road, Liwan District, Guangzhou 

	 	Phone:	13570522223 

  

	 	Shareholder:	Weifeng Luo 

	 	Address:	Room 802, No. 40, Pantang chung kou, Liwan District, Guangzhou 

	 	Phone:	13926193335 

  

	 	Shareholder:	Xiaohai Zhuang 

	 	Address:	Room 1004, No. 39, Xiaonaner Street, Haizhu District, Guangzhou 

	 	Phone:	18620460520 

  

	 	Shareholder:	Yueqin Zhao 

	 	Address:	No. 187, Linzhu, Guanyin Temple, Xinzheng City, Henan 

	 	Phone:	13310884478 

  

	 	Shareholder:	Meifang Liu 

	 	Address:	Room 902, No. 28, Xigang East, Haizhu District, Guangzhou 

	 	Phone:	13902209207 

  

	 	Party C:	Guangzhou Cornerstone Capital Management Co., Ltd. 

	 	Address:	4901&4912, Guangzhou CTF Finance Center, No. 6 East Zhujiang Rd. Zhujiang New Town, Guangzhou, PRC 

	 	Attn:	Xiaoyang Zhuang 

	 	Phone:	18529234888 

  

	 	14.5	Any Party may at any time change its address for notices by a notice delivered to the other Parties in accordance with the terms hereof. 

 

	15.	Severability 

 In the event that one or several of the provisions of this Agreement are
found to be invalid, illegal or unenforceable in any aspect in accordance with any laws or regulations, the validity, legality or enforceability of the remaining provisions of this Agreement shall not be affected or compromised in any respect. The
Parties shall strive in good faith to replace such invalid, illegal or unenforceable provisions with effective provisions that accomplish to the greatest extent permitted by law and the intentions of the Parties, and the economic effect of such
effective provisions shall be as close as possible to the economic effect of those invalid, illegal or unenforceable provisions. 

  
 9 

Strictly Confidential 

 Equity Interest Pledge Agreement 

 

	16.	Attachments 

 The attachments set forth herein shall be an integral part of this
Agreement. 
  

	17.	Effectiveness 

  

	 	17.1	Any amendments, changes and supplements to this Agreement shall be in writing and shall become effective upon completion of the governmental filing procedures (if applicable) after the affixation of the signatures or
seals of the Parties. 

  

	 	17.2	This Agreement is written in Chinese and English in three copies. Pledgors, Pledgee and Party C shall hold one copy respectively. Each copy of this Agreement shall have equal validity. In case there is any conflict
between the Chinese version and the English version, the Chinese version shall prevail. 

 [The Remainder of this page is
intentionally left blank] 

  
 10 

Strictly Confidential 

 Equity Interest Pledge Agreement 

 

 IN WITNESS WHEREOF, the Parties have executed, or caused their respectively duly authorized representatives
to execute, this Equity Interest Pledge Agreement as of the date first above written. 
  

	Party A:	Guangzhou Cornerstone Corporate Consulting Co., Ltd. (Seal) 

 By: /s/ Xu
He                                  

Name: Xu He 
 Title: Managing Director 

/s/ Seal of Guangzhou Cornerstone Corporate Consulting Co., Ltd. 
  

	Party C:	Guangzhou Cornerstone Capital Management Co., Ltd. (Seal) 

 By: /s/ Xiaoyang
Zhuang                                 

Name: Xiaoyang Zhuang 
 Title: Financial Controller 

/s/ Seal of Guangzhou Cornerstone Capital Management Co., Ltd. 
  

	Party B:	Pledgors 

 Shareholder: Xu He 

By: /s/ Xu
He                                         
       
 Shareholder: Qin Wu 
 By:
/s/ Qin
Wu                                         
     
 Shareholder: Tao Lin 
 By: /s/ Tao
Lin                                         
    
 Shareholder: Weifeng Luo 
 By: /s/
Weifeng Luo                                      

Shareholder: Xiaohai Zhuang 
 By: /s/ Xiaohai
Zhuang                                  

Shareholder: Yueqin Zhao 
 By: /s/ Yueqin Zhao
                                     

Shareholder: Meifang Liu 
 By: /s/ Meifang
Liu                                        

  
 11 

Strictly Confidential 

 Equity Interest Pledge Agreement 

 

	Attachments:	

  

	1.	Shareholders’ Register of Guangzhou Cornerstone Capital Management Co., Ltd.; 

  

	2.	The Capital Contribution Certificate for Guangzhou Cornerstone Capital Management Co., Ltd.; 

  

	3.	Exclusive Business Cooperation Agreement; 

  
 12 

Strictly Confidential 

 Equity Interest Pledge Agreement 

 

 Attachment 1 

Shareholders’ Register of Guangzhou Cornerstone Capital Management Co., Ltd 

 

																	
	 Name of

Shareholder
	  	ID Number	 	  	Subscribed
Capital
(RMB)	 	  	Percentage
of Shares	 	 	Deadline of Subscription	 
	 Xu He
	  	 	440105198509025418	 	  	 	3,750,000	 	  	 	37.5	% 	 	 	December 31, 2065	 
	 Qin Wu
	  	 	440102195312273247	 	  	 	3,750,000	 	  	 	37.5	% 	 	 	December 31, 2065	 
	 Tao Lin
	  	 	440103198411122452	 	  	 	500,000	 	  	 	5	% 	 	 	December 31, 2065	 
	 Weifeng Luo
	  	 	440103198603043011	 	  	 	1,000,000	 	  	 	10	% 	 	 	December 31, 2065	 
	 Xiaohai Zhuang
	  	 	440102198503043237	 	  	 	500,000	 	  	 	5	% 	 	 	December 31, 2065	 
	 Yueqin Zhao
	  	 	410123194808276929	 	  	 	300,000	 	  	 	3	% 	 	 	December 31, 2065	 
	 Meifang Liu
	  	 	440105195704103043	 	  	 	200,000	 	  	 	2	% 	 	 	December 31, 2065	 

 Guangzhou Cornerstone Capital Management Co., Ltd 

May 12, 2016 
 /s/ Seal of
Guangzhou Cornerstone Capital Management Co., Ltd. 

  
 13 

Strictly Confidential 

 Equity Interest Pledge Agreement 

 

 Attachment 2 

Capital Contribution Certificate 
  

			
	Name of the Company: Guangzhou Cornerstone Capital Management Co., Ltd.	  	Address: Room 01&12, 49F, Guangzhou CTF Finance Centre No. 6 Zhujiang East Road, Zhujiang New Town, Tianhe, Guangzhou, Guangdong Province, 510032, PRC. (Only for business purposes)
		
	 Date of Incorporation: August 3, 2015
	  	Registered Capital: RMB10,000,000
		
	 Name of the Shareholder: Xu He
	  	ID Number of the Shareholder: 440105198509025418
	
	 percentage of shares in the Company: RMB3.75 million, 37.5% of the registered
capital of the Company

	
	 This is to certify that Xu He is a shareholder of Guangzhou Cornerstone Capital Management Co., Ltd.,
holding the abovementioned percentage of shares in the Company.

	
	 As of the date of this certification, RMB937,500 has been paid-up by the shareholder.

 Guangzhou Cornerstone Capital Management Co., Ltd. 

/s/ Seal of Guangzhou Cornerstone Capital Management Co., Ltd. 

April 10, 2017 
 Notes: 

1. Capital contribution certificate is the shareholding certificate of shareholders. Shareholders are entitled to enjoy the rights stipulated in the
company’s articles of association and regulations and bear corresponding obligations. The capital contribution certificate cannot be altered, forged, privately mortgaged, transferred, or sold. 

2. When the company transfers equity in accordance with the articles of association and the relevant systems of the company, the shareholder himself must go
through the relevant formalities at the company with this capital contribution certificate, and this capital contribution certificate must not be written by hand. 

3. This certificate is valid only if affixing the official seal of the company and being identical to capital contribution certificate kept by the board of
directors. The shareholder and the board of directors each hold one of the two originals. 

 Equity Interest Pledge Agreement 

 

 Capital Contribution Certificate 

 

			
	Name of the Company: Guangzhou Cornerstone Capital Management Co., Ltd.	  	Address: Room 01&12, 49F, Guangzhou CTF Finance Centre No. 6 Zhujiang East Road, Zhujiang New Town, Tianhe, Guangzhou, Guangdong Province, 510032, PRC. (Only for business purposes)
		
	 Date of Incorporation: August 3, 2015
	  	Registered Capital: RMB10,000,000
		
	 Name of the Shareholder: Qin Wu
	  	ID Number of the Shareholder: 440102195312273247
	
	 percentage of shares in the Company: RMB3.75 million, 37.5% of the registered
capital of the Company

	
	 This is to certify that Qin Wu is a shareholder of Guangzhou Cornerstone Capital Management Co.,
Ltd.

	
	 As of the date of this certification, RMB937,500 has been paid-up by the shareholder.

 Guangzhou Cornerstone Capital Management Co., Ltd. 

/s/ Seal of Guangzhou Cornerstone Capital Management Co., Ltd. 

April 10, 2017 
 Notes: 

1. Capital contribution certificate is the shareholding certificate of shareholders. Shareholders are entitled to enjoy the rights stipulated in the
company’s articles of association and regulations and bear corresponding obligations. The capital contribution certificate cannot be altered, forged, privately mortgaged, transferred, or sold. 

2. When the company transfers equity in accordance with the articles of association and the relevant systems of the company, the shareholder himself must go
through the relevant formalities at the company with this capital contribution certificate, and this capital contribution certificate must not be written by hand. 

3. This certificate is valid only if affixing the official seal of the company and being identical to capital contribution certificate kept by the board of
directors. The shareholder and the board of directors each hold one of the two originals. 

 Equity Interest Pledge Agreement 

 

 Capital Contribution Certificate 

 

			
	Name of the Company: Guangzhou Cornerstone Capital Management Co., Ltd.	  	Address: Room 01&12, 49F, Guangzhou CTF Finance Centre No. 6 Zhujiang East Road, Zhujiang New Town, Tianhe, Guangzhou, Guangdong Province, 510032, PRC. (Only for business purposes)
		
	 Date of Incorporation: August 3, 2015
	  	Registered Capital: RMB10,000,000
		
	 Name of the Shareholder: Weifeng Luo
	  	ID Number of the Shareholder: 440103198603043011
	
	 percentage of shares in the Company: RMB1 million, 10% of the registered
capital of the Company

	
	 This is to certify that Weifeng Luo is a shareholder of Guangzhou Cornerstone Capital Management Co., Ltd.,
holding the abovementioned percentage of shares in the Company.

	
	 As of the date of this certification, RMB250,000 has been paid-up by the shareholder.

 Guangzhou Cornerstone Capital Management Co., Ltd. 

/s/ Seal of Guangzhou Cornerstone Capital Management Co., Ltd. 

April 10, 2017 
 Notes: 

1. Capital contribution certificate is the shareholding certificate of shareholders. Shareholders are entitled to enjoy the rights stipulated in the
company’s articles of association and regulations and bear corresponding obligations. The capital contribution certificate cannot be altered, forged, privately mortgaged, transferred, or sold. 

2. When the company transfers equity in accordance with the articles of association and the relevant systems of the company, the shareholder himself must go
through the relevant formalities at the company with this capital contribution certificate, and this capital contribution certificate must not be written by hand. 

3. This certificate is valid only if affixing the official seal of the company and being identical to capital contribution certificate kept by the board of
directors. The shareholder and the board of directors each hold one of the two originals. 

 Equity Interest Pledge Agreement 

 

 Capital Contribution Certificate 

 

			
	Name of the Company: Guangzhou Cornerstone Capital Management Co., Ltd.	  	Address: Room 01&12, 49F, Guangzhou CTF Finance Centre No. 6 Zhujiang East Road, Zhujiang New Town, Tianhe, Guangzhou, Guangdong Province, 510032, PRC. (Only for business purposes)
		
	 Date of Incorporation: August 3, 2015
	  	Registered Capital: RMB10,000,000
		
	 Name of the Shareholder: Xiaohai Zhuang
	  	ID Number of the Shareholder: 440102198503043237
	
	 percentage of shares in the Company: RMB500,000, 5% of the registered capital
of the Company

	
	 This is to certify that Xiaohai Zhuang is a shareholder of Guangzhou Cornerstone Capital Management Co.,
Ltd., holding the abovementioned percentage of shares in the Company.

	
	 As of the date of this certification, RMB125,000 has been paid-up by the shareholder.

 Guangzhou Cornerstone Capital Management Co., Ltd. 

/s/ Seal of Guangzhou Cornerstone Capital Management Co., Ltd. 

April 10, 2017 
 Notes: 

1. Capital contribution certificate is the shareholding certificate of shareholders. Shareholders are entitled to enjoy the rights stipulated in the
company’s articles of association and regulations and bear corresponding obligations. The capital contribution certificate cannot be altered, forged, privately mortgaged, transferred, or sold. 

2. When the company transfers equity in accordance with the articles of association and the relevant systems of the company, the shareholder himself must go
through the relevant formalities at the company with this capital contribution certificate, and this capital contribution certificate must not be written by hand. 

3. This certificate is valid only if affixing the official seal of the company and being identical to capital contribution certificate kept by the board of
directors. The shareholder and the board of directors each hold one of the two originals. 

 Equity Interest Pledge Agreement 

 

 Capital Contribution Certificate 

 

			
	Name of the Company: Guangzhou Cornerstone Capital Management Co., Ltd.	  	Address: Room 01&12, 49F, Guangzhou CTF Finance Centre No. 6 Zhujiang East Road, Zhujiang New Town, Tianhe, Guangzhou, Guangdong Province, 510032, PRC. (Only for business purposes)
		
	 Date of Incorporation: August 3, 2015
	  	Registered Capital: RMB10,000,000
		
	 Name of the Shareholder: Tao Lin
	  	ID Number of the Shareholder: 440103198411122452
	
	 percentage of shares in the Company: RMB500,000, 5% of the registered capital
of the Company

	
	 This is to certify that Tao Lin is a shareholder of Guangzhou Cornerstone Capital Management Co., Ltd.,
holding the abovementioned percentage of shares in the Company.

	
	 As of the date of this certification, RMB125,000 has been paid-up by the shareholder.

 Guangzhou Cornerstone Capital Management Co., Ltd. 

/s/ Seal of Guangzhou Cornerstone Capital Management Co., Ltd. 

April 10, 2017 
 Notes: 

1. Capital contribution certificate is the shareholding certificate of shareholders. Shareholders are entitled to enjoy the rights stipulated in the
company’s articles of association and regulations and bear corresponding obligations. The capital contribution certificate cannot be altered, forged, privately mortgaged, transferred, or sold. 

2. When the company transfers equity in accordance with the articles of association and the relevant systems of the company, the shareholder himself must go
through the relevant formalities at the company with this capital contribution certificate, and this capital contribution certificate must not be written by hand. 

3. This certificate is valid only if affixing the official seal of the company and being identical to capital contribution certificate kept by the board of
directors. The shareholder and the board of directors each hold one of the two originals. 

 Equity Interest Pledge Agreement 

 

 Capital Contribution Certificate 

 

			
	Name of the Company: Guangzhou Cornerstone Capital Management Co., Ltd.	  	Address: Room 01&12, 49F, Guangzhou CTF Finance Centre No. 6 Zhujiang East Road, Zhujiang New Town, Tianhe, Guangzhou, Guangdong Province, 510032, PRC. (Only for business purposes)
		
	 Date of Incorporation: August 3, 2015
	  	Registered Capital: RMB10,000,000
		
	 Name of the Shareholder: Yueqin Zhao
	  	ID Number of the Shareholder: 410123194808276929
	
	 percentage of shares in the Company: RMB300,000, 3% of the registered capital
of the Company

	
	 This is to certify that Yueqin Zhao is a shareholder of Guangzhou Cornerstone Capital Management Co., Ltd.,
holding the abovementioned percentage of shares in the Company.

	
	 As of the date of this certification, RMB75,000 has been paid-up by the shareholder.

 Guangzhou Cornerstone Capital Management Co., Ltd. 

/s/ Seal of Guangzhou Cornerstone Capital Management Co., Ltd. 

April 10, 2017 
 Notes: 

1. Capital contribution certificate is the shareholding certificate of shareholders. Shareholders are entitled to enjoy the rights stipulated in the
company’s articles of association and regulations and bear corresponding obligations. The capital contribution certificate cannot be altered, forged, privately mortgaged, transferred, or sold. 

2. When the company transfers equity in accordance with the articles of association and the relevant systems of the company, the shareholder himself must go
through the relevant formalities at the company with this capital contribution certificate, and this capital contribution certificate must not be written by hand. 

3. This certificate is valid only if affixing the official seal of the company and being identical to capital contribution certificate kept by the board of
directors. The shareholder and the board of directors each hold one of the two originals. 

 Equity Interest Pledge Agreement 

 

 Capital Contribution Certificate 

 

			
	Name of the Company: Guangzhou Cornerstone Capital Management Co., Ltd.	  	Address: Room 01&12, 49F, Guangzhou CTF Finance Centre No. 6 Zhujiang East Road, Zhujiang New Town, Tianhe, Guangzhou, Guangdong Province, 510032, PRC. (Only for business purposes)
		
	 Date of Incorporation: August 3, 2015
	  	Registered Capital: RMB10,000,000
		
	 Name of the Shareholder: Meifang Liu
	  	ID Number of the Shareholder: 440105195704103043
	
	 percentage of shares in the Company: RMB200,000, 2% of the registered capital
of the Company

	
	 This is to certify that Meifang Liu is a shareholder of Guangzhou Cornerstone Capital Management Co., Ltd.,
holding the abovementioned percentage of shares in the Company.

	
	 As of the date of this certification, RMB50,000 has been paid-up by the shareholder.

 Guangzhou Cornerstone Capital Management Co., Ltd. 

/s/ Seal of Guangzhou Cornerstone Capital Management Co., Ltd. 

April 10, 2017 
 Notes: 

1. Capital contribution certificate is the shareholding certificate of shareholders. Shareholders are entitled to enjoy the rights stipulated in the
company’s articles of association and regulations and bear corresponding obligations. The capital contribution certificate cannot be altered, forged, privately mortgaged, transferred, or sold. 

2. When the company transfers equity in accordance with the articles of association and the relevant systems of the company, the shareholder himself must go
through the relevant formalities at the company with this capital contribution certificate, and this capital contribution certificate must not be written by hand. 

3. This certificate is valid only if affixing the official seal of the company and being identical to capital contribution certificate kept by the board of
directors. The shareholder and the board of directors each hold one of the two originals. 

 Equity Interest Pledge Agreement 

 

 Attachment 3 

Exclusive Business Cooperation Agreement 

This Exclusive Business Cooperation Agreement (“this Agreement”) is made and entered into by and between the following Parties on October 12,
2017 in Guangzhou, the People’s Republic of China (“China” or “PRC”): 
  

	Party A:	Guangzhou Cornerstone Corporate Consulting Co., Ltd. 

 Address: 1101 ZiBian C80, No. 8 Jinsui Rd.,
Tianhe District, Guangzhou, PRC 
  

	Party B:	Guangzhou Cornerstone Capital Management Co., Ltd. 

 Address: 4901&4912, Guangzhou CTF Finance
Center, No. 6 East Zhujiang Rd., Zhujiang New Town, Guangzhou, PRC 
 Each of Party A and Party B shall be hereinafter referred to as a
“Party” respectively, and as the “Parties” collectively. 
 Whereas, 

1. Party A is a wholly-foreign-owned enterprise established in China, and has the necessary resources to provide technical and consulting services, as set
forth hereunder; 
 2. Party B is a domestic limited liability company established in China, and is entitled to engage in business services industry
(“Principal Business”); 
 3. Party A is willing to provide Party B with exclusive technical, consulting and other services in relation to the
Principal Business during the term of this Agreement utilizing its own advantages in human resources, technology and information, and Party B is willing to accept such services provided by Party A or Party A’s designee(s), each on the terms set
forth herein. 
 Now, therefore, through mutual discussion, the Parties have reached the following agreements: 

 

	1	Services Provided by Party A 

 1.1 Party B hereby appoints Party A as Party B’s exclusive services
provider to provide Party B with complete business support and technical and consulting services during the term of this Agreement, in accordance with the terms and conditions of this Agreement and to the extent permitted by the currently effective
laws of China, which may include all services within the business scope of Party B as may be determined from time to time by Party A, such as but not limited to technical services, business consultations, equipment or property leasing, and marketing
consultancy. 

  
 21 

Strictly Confidential 

 Equity Interest Pledge Agreement 

 

 1.2 Party B agrees to accept all the consultations and services provided by Party A. Party B further agrees
that unless with Party A’s consent, during the term of this Agreement, Party B shall not accept any similar consultations and/or services provided by any third party and shall not establish similar corporation relationship with any third party
regarding the matters contemplated by this Agreement. Party B may, based on its operational needs, accept consultations and/or services provided by any third party, or establish corporation relationship with any third party, presumed such
consultations, services, or corporation relationships will not be provided by Party A. Party A may appoint other parties, who may enter into certain agreements described in Section 1.3 with Party B, to provide Party B with the consultations
and/or services under this Agreement. 
  

	2	Service Providing Methodology 

 2.1 Party A and Party B agree that during the term of this Agreement,
Party B may enter into further consulting service agreements with Party A or any other party designated by Party A, which shall provide the specific contents, manner, personnel, and fees for the specific consulting services. 

2.2 To fulfill this Agreement, Party A and Party B agree that during the term of this Agreement, Party B may enter into equipment or property leases with
Party A or any other party designated by Party A which shall permit Party B to use Party A’s relevant equipment or property based on the needs of the business of Party B. 

 

	3	The Calculation and Payment of the Service Fees 

 Both Parties agree that, during the terms of this
Agreement, in consideration of the services provided by Party A, Party B shall pay to Party A the fees (the “Service Fees”) equal to 100% of the net income of Party B, which is Party B’s earnings before corporate income tax, being the
monthly revenues after deduction of operating costs, expenses and other taxes; provided that upon mutual discussion between the Parties and the prior consent by Party A, the rate of Service Fees may be adjusted based on the services rendered by
Party A in that month and the operational needs of Party B. The Service Fees shall be due and payable on a monthly basis; within 30 days after the end of each month, Party B shall (a) deliver to Party A the management accounts and operating
statistics of Party B for such month, including the net income of Party B during such month (the “Monthly Net Income”), and (b) pay 100% of such Monthly Net Income, or other amount agreed by Party A, to Party A (each such payment, a
“Monthly Payment”). If such earnings after deduction of operating costs, expenses and other legal taxes are zero or negative, Party B is not required to pay the Service Fees; if Party B sustains losses, all such losses will be carried over
to the following month(s) and deducted from the following month(s)’ Service Fees. Within ninety (90) days after the end of each fiscal year, Party B shall (a) deliver to Party A audited financial statements of Party B for such fiscal
year, which shall be audited and certified by an independent certified public accountant approved by Party A, and (b) pay an amount to Party A equal to the shortfall, if any, of the net income of Party B for such fiscal year, as shown in such
audited financial statements, as compared to the aggregate amount of the Monthly Payments paid by Party B to Party A in such fiscal year. 

  
 22 

Strictly Confidential 

 Equity Interest Pledge Agreement 

 

	4	Intellectual Property Rights and Confidentiality Clauses 

 4.1 Party A shall have exclusive and
proprietary rights and interests in all rights, ownership, interests and intellectual properties arising out of or created during the performance of this Agreement, including but not limited to copyrights, patents, patent applications, software,
technical secrets, trade secrets and others. 
 4.2 The Parties acknowledge that the existence and the terms of this Agreement and any oral or written
information exchanged between the Parties in connection with the preparation and performance this Agreement are regarded as confidential information. Each Party shall maintain confidentiality of all such confidential information, and without
obtaining the written consent of the other Party, it shall not disclose any relevant confidential information to any third parties, except for the information that: (a) is or will be in the public domain (other than through the receiving
Party’s unauthorized disclosure); (b) is under the obligation to be disclosed pursuant to the applicable laws or regulations, rules of any stock exchange, or orders of the court or other government authorities; or (c) is required to
be disclosed by any Party to its shareholders, investors, legal counsels or financial advisors regarding the transaction contemplated hereunder, provided that such shareholders, investors, legal counsels or financial advisors shall be bound by the
confidentiality obligations similar to those set forth in this Section. Disclosure of any confidential information by the staff members or agencies hired by any Party shall be deemed disclosure of such confidential information by such Party, which
Party shall be held liable for breach of this Agreement. This Section shall survive the termination of this Agreement for any reason. 
 4.3 The Parties
agree that this Section shall survive changes to, and rescission or termination of, this Agreement. 
  

	5.	Representations and Warranties 

 5.1 Party A hereby represents and warrants as follows: 

5.1.1 Party A is a wholly foreign owned enterprise legally registered and validly existing in accordance with the laws of China. 

5.1.2 Party A’s execution and performance of this Agreement is within its corporate capacity and the scope of its business operations; Party A has taken
necessary corporate actions and given appropriate authorization and has obtained the consent and approval from third parties and government agencies, and will not violate any restrictions in law or otherwise binding or having an impact on Party A.

 5.1.3 This Agreement constitutes Party A’s legal, valid and binding obligations, enforceable in accordance with its terms. 

5.2 Party B hereby represents and warrants as follows: 
 5.2.1
Party B is a domestic limited liability company legally registered and validly existing in accordance with the laws of China. 
 5.2.2 Party B’s
execution and performance of this Agreement is within its corporate capacity and the scope of its business operations; Party B has taken necessary corporate actions and given appropriate authorization and has obtained the consent and approval from
third parties and government agencies, and will not violate any restrictions in law or otherwise binding or having an impact on Party B. 

  
 23 

Strictly Confidential 

 Equity Interest Pledge Agreement 

 

 5.2.3 This Agreement constitutes Party B’s legal, valid and binding obligations, and shall be
enforceable against it. 
  

	6	Effectiveness and Term 

 This Agreement is executed on the date first above written and shall take effect
as of such date. Unless earlier terminated in accordance with the provisions of this Agreement or relevant agreements separately executed between the Parties, the term of this Agreement shall be permanent. After the execution of this Agreement, both
Parties are entitled to review this Agreement every 3 months to determine whether to amend or supplement the provisions in this Agreement based on the actual circumstances at that time. 

 

	7	Termination 

 7.1 During the term of this Agreement, unless Party A commits gross negligence, or a
fraudulent act, against Party B, Party B shall not terminate this Agreement prior to its expiration date. Nevertheless, Party A shall have the right to terminate this Agreement upon giving 30 days’ prior written notice to Party B at any time.

 7.2 The rights and obligations of the Parties under Articles 3, 7 and 8 shall survive the termination of this Agreement. 

 

	8	Governing Law and Resolution of Disputes 

 8.1 The execution, effectiveness, construction, performance,
amendment and termination of this Agreement and the resolution of disputes hereunder shall be governed by the laws of China. 
 8.2 In the event of any
dispute with respect to the construction and performance of the provisions of this Agreement, the Parties shall negotiate in good faith to resolve the dispute. In the event the Parties fail to reach an agreement on the resolution of such a dispute
within 30 days after any Party’s request for resolution of the dispute through negotiations, any Party may submit the relevant dispute to the China Nansha International Arbitration Centre for arbitration, in accordance with its then-effective
arbitration rules. The arbitration shall be conducted in Guangzhou, and the language used during arbitration shall be Chinese. The arbitration ruling shall be final and binding on both Parties. 

8.3 Upon the occurrence of any disputes arising from the construction and performance of this Agreement or during the pending arbitration of any dispute,
except for the matters under dispute, the Parties to this Agreement shall continue to exercise their respective rights under this Agreement and perform their respective obligations under this Agreement. 

  
 24 

Strictly Confidential 

 Equity Interest Pledge Agreement 

 

	9	Indemnification 

 Party B shall indemnify and hold harmless Party A from any losses, injuries,
obligations or expenses caused by any lawsuit, claims or other demands against Party A arising from or caused by the consultations and services provided by Party A to Party B pursuant this Agreement, except where such losses, injuries, obligations
or expenses arise from the gross negligence or willful misconduct of Party A. 
  

	10	Notices 

 10.1 All notices and other communications required or permitted to be given pursuant to this
Agreement shall be delivered personally or sent by registered mail, postage prepaid, by a commercial courier service or by facsimile transmission to the address of such Party set forth below. A confirmation copy of each notice shall also be sent by
email. The dates on which notices shall be deemed to have been effectively given shall be determined as follows: 
 10.1.1 Notices given by personal
delivery, by courier service or by registered mail, postage prepaid, shall be deemed effectively given on the date of delivery or refusal at the address specified for notices. 

10.1.2 Notices given by facsimile transmission shall be deemed effectively given on the date of successful transmission (as evidenced by an automatically
generated confirmation of transmission). 
 10.2 For the purpose of notices, the addresses of the Parties are as follows: 

 

	 	Party A:	Guangzhou Cornerstone Corporate Consulting Co., Ltd. 

	 	Address:	1101 ZiBian C80, No. 8 Jinsui Rd., Tianhe District, 

	 	Attn:	Xu He 

	 	Phone:	18665714713 

  

	 	Party B:	Guangzhou Cornerstone Capital Management Co. Ltd. 

	 	Address:	4901&4912, Guangzhou CTF Finance Center, No. 6 East Zhujiang Rd., Zhujiang New Town, Guangzhou, PRC 

	 	Attn:	Xiaoyang Zhuang 

	 	Phone:	18529234888 

 10.3 Any Party may at any time change its address for notices by a notice delivered to the other
Party in accordance with the terms hereof. 
  

	11	Assignment 

 11.1 Without Party A’s prior written consent, Party B shall not assign its rights and
obligations under this Agreement to any third party. 

  
 25 

Strictly Confidential 

 Equity Interest Pledge Agreement 

 

 11.2 Party B agrees that Party A may assign its obligations and rights under this Agreement to any third
party upon a prior written notice to Party B but without the consent of Party B. 
  

	12	Severability 

 In the event that one or several of the provisions of this Agreement are found to be
invalid, illegal or unenforceable in any aspect in accordance with any laws or regulations, the validity, legality or enforceability of the remaining provisions of this Agreement shall not be affected or compromised in any aspect. The Parties shall
strive in good faith to replace such invalid, illegal or unenforceable provisions with effective provisions that accomplish to the greatest extent permitted by law and the intentions of the Parties, and the economic effect of such effective
provisions shall be as close as possible to the economic effect of those invalid, illegal or unenforceable provisions. 
  

	13	Amendments and Supplements 

 Any amendments and supplements to this Agreement shall be in writing. The
amendment agreements and supplementary agreements that have been signed by the Parties and that relate to this Agreement shall be an integral part of this Agreement and shall have the same legal validity as this Agreement. 

 

	14	Language and Counterparts 

 This Agreement is written in both Chinese and English language in two copies,
each Party having one copy with equal legal validity; in case there is any conflict between the Chinese version and the English version, the Chinese version shall prevail. 

[Remainder of page intentionally left blank] 

  
 26 

Strictly Confidential 

 Equity Interest Pledge Agreement 

 

 (This page is signature page) 
  

	Party	A: Guangzhou Cornerstone Corporate Consulting Co., Ltd. (Seal) 

 Legal Representative/Authorized Person
(Signature) 
 Signature: /s/ Xu He                  

Date: 2017.10.12                      

/s/ Seal of Guangzhou Cornerstone Corporate Consulting Co., Ltd. 
  

	Party	B: Guangzhou Cornerstone Capital Management Co., Ltd. (Seal) 

 Legal Representative/Authorized Person
(Signature) 
 Signature: /s/ Xiaoyang Zhuang      

Date:
2017.10.12                              

/s/ Seal of Guangzhou Cornerstone Capital Management Co., Ltd. 

  
 27 

Strictly Confidential

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00284-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00284-of-00352.parquet"}]]