Document:

Exhibit 4.14

 

Equity Pledge Agreement 

 

This Equity Pledge Agreement (the “Agreement”)
is entered into as of August 20, 2014 by and among the following Parties in Beijing, People’s Republic of China (the “PRC”):

 

		Party A:	TIANJIN VENUS TECHNOLOGY CO., LTD. (the “Pledgee”), a wholly foreign-owned enterprise incorporated
and existing under the laws of the PRC, with its registered address at 15 Jingbin Avenue, Jingbin Industrial Park, Wuqing District,
Tianjin;

 

		Party B:	YUSEN DAI (the “Pledgor”),
a Chinese citizen with Chinese ID No. ***; and

 

		Party C:	TIANJIN YINGXUN TECHNOLOGY CO., LTD., a limited liability company incorporated and existing under the laws of the PRC,
with its registered address at 15 Jingbin Avenue, Jingbin Industrial Park, Wuqing District, Tianjin.

 

In this Agreement, each of the Pledgee, the Pledgor and Party
C shall be referred to individually as a “Party” or collectively as the “Parties”.

 

Whereas: 

 

		1.	The Pledgor is a citizen of China who as of the date hereof holds RMB400,000 in the registered capital of Party C. The Pledgor
owns 20.00% equity interest in the registered capital of Party C. Party C acknowledges the respective rights and obligations of
the Pledgor and the Pledgee under this Agreement, and intends to provide any necessary assistance in registering the Pledge;

 

		2.	The Pledgee is a wholly foreign-owned enterprise registered in China.

 

		3.	Parties, or two of the Parties to this Agreement have executed Transaction Agreements (as defined below).

 

		4.	As a guarantee for the performance of the Transaction Agreements entered into by and between the Pledgor and Party C, the Pledgor
pledges to the Pledgee all of the equity interest held by him in Party C.

 

NOW, THEREFORE, the Parties hereby agree as follows
upon mutual discussion:

 

		1.	Definitions 

 

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

 

		1.1	Pledge: means the security interest granted by the Pledgor to the Pledgee pursuant to Section 2 of this Agreement,
i.e., the right of the Pledgee whereby any proceeds received from auction or sale of the Pledged Equity Interest shall be first
applied towards the repayment of Secured Indebtedness to the Pledgee.

 

		1.2	Pledged Equity Interest: means all of the existing and future equity interests in Party C legitimately owned by the
Pledgor and all of the existing and future rights and interests owned by the Pledgor in respect of such equity interests.

 

		1.3	Term of Pledge: means the term set forth in Section 3 of this Agreement.

 

		1.4	Transaction Agreements: means the Exclusive Consulting Services Agreement entered into by and between the Pledgee and
Party C on August 20, 2014, and the Exclusive Option Agreement and the Shareholders’ Voting Rights Agreement entered into
by and among the Parties and Leo Ou Chen on August 20, 2014, and the relevant documents executed and to be executed (if any), and
any amendments, revisions and/or restatements to the aforesaid documents.

 

		1.5	Contract Obligations: means all of the obligations and liabilities of the Pledgor under the Transaction Agreements and
this Agreement, and all of the obligations and liabilities of Party C under the Transaction Agreements and this Agreement.

  

    	 

    	 

    

 

		1.6	Secured Indebtedness: means all direct, indirect, consequential losses and loss of projectable benefits as may be suffered
by the Pledgee as a result of any Event of Default (as defined below) of the Pledgor and/or Party C, of which the basis for the
amount of such losses includes without limitation reasonable business plans and profit forecasts of the Pledgee, any and all the
principals, interest, service fees or other fees that the Pledgee is entitled to receive under the Transaction Agreements and this
Agreement, as well as any and all expenses as may be incurred by the Pledgee in connection with its enforcement for the performance
of Contractual Obligations against the Pledgor and/or Party C (including but not limited to the legal fees, arbitration costs,
valuation and auction costs of the Pledged Equity Interest, tax and other costs).

 

		1.7	Event of Default: means any of the circumstances set forth in Section 7 of this Agreement.

 

		1.8	Notice of Default: means the notice issued by the Pledgee in accordance with this Agreement declaring an Event of Default.

 

		2.	The Pledge 

 

		2.1	The Pledgor hereby agrees to pledge to the Pledgee the Pledged Equity Interest that the Pledgor legally owns and has right
to dispose of, as security for the repayment of the Secured Indebtedness and the full performance of the Contract Obligations.
Party C hereby agrees for the Pledgor to so pledge the Pledged Equity Interest to the Pledgee in accordance with the terms hereof.

 

		2.2	During the Term of Pledge, the Pledgee is entitled to receive any dividends or distributions in respect of the Pledged Equity
Interest. With the prior written consent of the Pledgee, the Pledgor may collect such dividends or distributions in respect of
the Pledged Equity Interest. Any dividends or distributions received by the Pledgee in respect of the Pledged Equity Interest shall,
upon the Pledgee’s request, (1) be deposited into a bank account designated by the Pledgee, be placed under the custody
of the Pledgee, and be first applied towards full satisfaction of the Secured Indebtedness; or (2) to the extent permitted
by PRC laws, be unconditionally transferred to the Pledgee or any person designated by the Pledgee without consideration.

 

		2.3	The Pledgor may not increase capital of Party C except with prior written consent of the Pledgee. Any increase in the capital
contributed by the Pledgor to the registered capital of Party C as a result of any capital increase shall equally become part of
the Pledged Equity Interest.

 

		2.4	In the event that Party C is to be dissolved or liquidated as required by any mandatory rules of the PRC laws, upon the completion
of such dissolution or liquidation procedure, any proceeds distributed by Party C to the Pledgor by laws shall, upon the Pledgee’s
request, (1) be deposited into a bank account designated by the Pledgee, be placed under custody of the Pledgee, and be first
applied towards full satisfaction of the Secured Indebtedness; or (2) to the extent permitted by PRC laws, be transferred
to the Pledgee or any person designated by the Pledgee without consideration.

 

		3.	Term of Pledge 

 

		3.1	The Pledge shall become effective on such date when the pledge of the Equity Interest contemplated herein is registered with
the relevant administration for industry and commerce (the “AIC”). The Pledge shall remain effective until all Contract
Obligations have been fully performed or all Secured Indebtedness has been fully paid. The Pledgor 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 Pledgor and Party C shall submit all necessary documents and complete
all necessary procedures, as required by the relevant PRC laws and regulations and the competent AIC, to ensure that the Pledge
of the Equity Interest shall be registered with the AIC as soon as possible after submission for filing.

 

		3.2	During the Term of Pledge, in the event the Pledgor and/or Party C fail to fulfill the Contract Obligations, the Pledgee shall
be entitled to, but not be obliged to, dispose of the Pledge in accordance with the terms hereof.

 

		4.	Custody for Certificates of the Pledge 

 

		4.1	During the Term of Pledge, the Pledgor shall deliver to the Pledgee the certificate of capital contributions to the Pledged
Equity Interest and the register of shareholders which records the Pledge within one week from the execution of this Agreement.
The Pledgee will place such documents in custody during the Term of Pledge.

 

    	 

    	 

    

 

		5.	Representations and Warranties of the Pledgor and Party C 

 

The Pledgor and Party C hereby severally and jointly
represent and warrant to the Pledgee as of the date hereof as follows:

 

		5.1	The Pledgor is the sole legal owner of the Pledged Equity Interest.

 

		5.2	The Pledgor is entitled to dispose of and transfer the Pledged Equity Interest in accordance with the terms of this Agreement.

 

		5.3	Except for the Pledge, the Pledgor has not created any other pledges or other security interest on the Pledged Equity Interest.

 

		5.4	The Pledgor and Party C have obtained all necessary approvals and permits from relevant third parties and government authorities
(if any) in connection with the execution, delivery and performance of this Agreement.

 

		5.5	The execution, delivery and performance of this Agreement do not (i) result in any violation of any applicable PRC laws;
(ii) result in any conflict with the articles of association or other constituent documents of Party C; (iii) result
in any violation of any agreement to which it is a party or by which it is bound, or constitute any default under any agreement
to which it is a party or by which it is bound; (iv) result in any breach of any permit or license issued or granted to it
and/or any condition of the validity thereof; or (v) result in the revocation or suspension of, or imposition of conditions
on, any permit or license issued to it.

 

		6.	Undertakings by the Pledgor and Party C 

 

		6.1	During the Term of Pledge, the Pledgor and Party C severally and jointly undertake to the Pledgee that:

 

		6.1.1	Without the prior written consent of the Pledgee, the Pledgor shall not transfer the Pledged Equity Interest, create or permit
to be created any security interest or other encumbrances on the Pledged Equity Interest, except for the performance of the Transaction
Agreements;

 

		6.1.2	The Pledgor and Party C shall comply with the provisions of all the laws and regulations relating to the pledge of rights,
and shall, within five (5) days upon receipt of any notice, order or recommendation issued or promulgated by relevant competent
authorities regarding the Pledge, present such notice, order or recommendation to the Pledgee, and concurrently comply with the
such notice, order or recommendation, or object thereto upon the reasonable request or consent of the Pledgee;

 

		6.1.3	The Pledgor and Party C shall promptly notify the Pledgee of any event or notice received by the Pledgor that may have an impact
on the Pledged Equity Interest or any portion thereof, and that may change any undertakings and obligations of the Pledgor hereunder
or may have an impact on the fulfillment of any obligations by the Pledgor hereunder.

 

		6.1.4	Without prior written consent of the Pledgee, the Pledgor and Party C shall not intentionally conduct any act or action which
will or will likely reduce the value of the Pledged Equity Interest or undermine the validity of the Pledge hereunder. The Pledgor
and Party C further undertake that, during the term of this Agreement, they shall ensure the operations of Party C are in compliance
with the PRC laws in all material aspects and maintain the validity of the operational licenses and permits of Party C.

 

		6.1.5	Party C shall complete its business term extension registration formalities three (3) months prior to the expiry of its
business term such that the validity of this Agreement shall be maintained.

 

		6.2	The Pledgor agrees that the rights granted to the Pledgee in respect of the Pledge hereunder shall not be terminated or harmed
by any legal procedure initiated by the Pledgor, any successors of the Pledgor or his entrusting party or any other persons.

  

    	 

    	 

    

 

		6.3	The Pledgor undertakes to the Pledgee that in order to protect or perfect the security for the Secured Indebtedness, the Pledgor
shall execute in good faith and cause other parties who have interests in the Pledge to execute all the certificates of rights,
instruments, agreements, and/or perform and procure other parties who have interests in the Pledge to perform acts as required
by the Pledgee, facilitate the exercise of the Pledgee’s rights granted hereunder and enter into all relevant documents regarding
ownership of the Pledged Equity Interest with the Pledgee or any person (individual or legal person) designated by the Pledgee,
as well as provide Pledgee with all notices, orders and decisions regarding the Pledge as required by the Pledgee within a reasonable
period of time.

 

		6.4	The Pledgor hereby undertakes to comply with and perform all the undertakings, representations and warranties and terms hereunder.
In the event that the Pledgor fails to perform or fails to fully perform such undertakings, representations and warranties and
terms hereunder, he shall indemnify the Pledgee against all the losses arising therefrom.

 

		7.	Event of Default 

 

		7.1	Each of the following circumstances shall constitute an Event of Default:

 

		7.1.1	The Pledgor breaches any of its obligations and liabilities under the Transaction Agreements and/or this Agreement;

 

		7.1.2	Party C breaches any of its obligations and liabilities under the Transaction Agreements and/or this Agreement;

 

		7.1.3	Any loans, guarantee, indemnification, commitment or other indebtedness incurred or assumed by the Pledgor, (1) that are
accelerated and required to be repaid or performed prior to the due date as a result of a default thereunder; or (2) that
have become due but have not been repaid or performed when due, which, in the opinion of the Pledgee, has an adverse impact on
the Pledgor’s ability to perform his obligations under this Agreement;

 

		7.1.4	This Agreement becomes illegal or the Pledgor is unable to continue to perform his obligations under this Agreement as a result
of any promulgation of laws and regulations;

 

		7.1.5	Any approval, permit, license or authorization from any competent government authority as required for the enforceability,
legality or effectiveness of this Agreement is revoked, suspended, invalidated or materially amended;

 

		7.1.6	Any property owned by the Pledgor is adversely altered or damaged which, in the opinion of the Pledgee, has an adverse impact
on the Pledgor’s ability to perform his obligations under this Agreement.

 

		7.2	Should there arise any event set forth in Section 7.1 or any circumstance that may result in the foregoing events, the
Pledgor and Party C shall immediately notify the Pledgee in writing.

 

		7.3	Unless an Event of Default set forth in this Section 7.1 has been remedied at the request of the Pledgee within twenty
(20) days upon receipt of the notice of the Pledgee requesting the rectification of such Event of Default, the Pledgee may
issue a Notice of Default to the Pledgor in writing at any time thereafter, requesting the exercise of the Pledge in accordance
with Section 8 hereof.

 

		8.	Exercise of the Pledge 

 

		8.1	The Pledgee may issue a Notice of Default to the Pledgor for the exercise of the Pledge.

 

		8.2	Subject to the provisions of Section 7.3, the Pledgee may exercise its right to dispose of the Pledge at any time after
the issuance of the Notice of Default in accordance with Section 8.1. Upon the Pledgee’s exercise of its right to dispose
of the Pledge, the Pledgor shall no longer own any right and interest in respect of the Pledged Equity Interest.

 

		8.3	Upon the issuance of the Notice of Default in accordance with Section 8.2, the Pledgee is entitled to exercise all of
the remedies, rights and powers available to it under the PRC laws, the Transaction Agreements and this Agreement, including without
limitation to auction or sell the Pledged Equity Interests for prior satisfaction of indebtedness. The Pledgee shall not be held
liable for any losses arising from its reasonable exercise of such rights and powers.

 

    	 

    	 

    

 

		8.4	The proceeds received by the Pledgee as a result of the exercise of the Pledge shall be first applied towards payment of the
costs and expenses payable in connection with the disposal of the Pledged Equity Interest and the repayment of the Secured Indebtedness
to the Pledgee. Any balance after the deduction of the foregoing payments, if any, shall be returned to the Pledgor or any other
person who is entitled to such balance under applicable laws and regulations, or be deposited with the notary public at the place
where the Pledgee is located (any costs incurred arising out of such deposit shall be borne by the Pledgee); and to the extent
permitted by the PRC laws, the Pledgor shall transfer such balance to the Pledgee or any person designated by the Pledgee without
consideration. If the proceeds received from the disposition of the Pledged Equity Interest are not sufficient to repay the Secured
Indebtedness, the Pledgor is obliged to make up the difference.

 

		8.5	The Pledgee shall be entitled to elect to exercise, simultaneously or successively, any of its breach of contract remedies;
the Pledgee shall not be required to first exercise other breach of contract remedies prior to exercising its right to auction
or sell the Pledged Equity Interest hereunder.

 

		8.6	The Pledgee shall be entitled to designate in writing its legal counsel or other agents to exercise on its behalf the Pledge,
and neither the Pledgor nor Party C shall object thereto.

 

		8.7	When the Pledgee disposes of the Pledge in accordance with this Agreement, the Pledgor and Party C shall provide necessary
assistance to the Pledgee for its exercise of the Pledge.

 

		9.	Default Liabilities 

 

The Parties agree and confirm that, if any Party (the
“Defaulting Party”) breaches any of the provisions herein, or fails to perform or delays in the performance
of any obligation under this Agreement, such breach, failure or delay shall constitute a default under this Agreement (the “Default”),
and the non-defaulting Party (the “Non-defaulting Party”) is entitled to require the Defaulting Party to rectify
such Default or take remedial measures within a reasonable period of time. If the Defaulting Party fails to rectify such Default
or take any remedial measures within reasonable period of time or within ten (10) days upon receipt of the written notice
of the Non-defaulting Party, the Non-defaulting Party is entitled to decide, at its sole discretion as follows:

 

		9.1	If the Defaulting Party is the Pledgor or Party C, the Pledgee is entitled to terminate this Agreement and claim damages from
the Defaulting Party;

 

		9.2	If the Defaulting Party is the Pledgee, the Non-defaulting Party is entitled to claim damages from the Defaulting Party; however,
the Non-defaulting Party may not terminate this Agreement in any event unless otherwise provided under the laws; and

 

		9.3	The Non-defaulting Party is entitled to enforce the performance of the obligations herein against the Defaulting Party and
claim damages from the Defaulting Party.

 

The rights and remedies set forth herein shall be
cumulative, and shall not preclude any other rights or remedies entitled to such Party as provided under the laws.

 

The Pledgor agrees to assume the joint and several
liabilities with the other shareholders of Party C for the execution and performance of the equity pledge agreement(s) by such
shareholders. If any shareholder breaches any provision of the equity pledge agreement to which it is a party, the Pledgee is entitled
to claim default liabilities from either shareholder of Party C.

 

		10.	Assignment 

 

		10.1	The Pledgor shall not donate or transfer its rights and obligations herein to any third party without prior written consent
of the Pledgee.

 

		10.2	This Agreement shall be binding upon the Pledgor and its successors and any permitted assignees.

 

		10.3	The Pledgee may assign any or all of its rights and obligations under the Transaction Agreements to any person designated by
it at any time. In this case, the assignee shall enjoy and assume the rights and obligations herein of the Pledgee as if the assignee
were a party hereto. If the Pledgee assigns its rights and obligations under the Transaction Agreements, the Pledgor shall, at
the request of the Pledgee, execute the relevant agreements and/or documents with respect to such assignment.

 

    	 

    	 

    

 

		10.4	In the event of a change of Pledgee due to assignment, the Pledgor shall, at the request of the Pledgee, execute a new pledge
agreement with the new pledgee with the same terms and conditions as this Agreement, and register such new pledge with the relevant
administration for industry and commerce.

 

		10.5	The Pledgor shall strictly comply with the provisions of this Agreement and other agreements to which any Party is a party,
including the Transaction Agreements, and perform the obligations thereunder, and refrain from any action/omission that may affect
the effectiveness and enforceability thereof. Unless with the written instructions of the Pledgee, the Pledgor shall not exercise
his remaining rights in respect of the Pledged Equity Interest.

 

		11.	Termination 

 

		11.1	Upon the full and complete performance by the Pledgor and Party C of all of their Contract Obligations and full satisfaction
of the Secured Indebtedness, the Pledgee shall, upon the Pledgor’s request, release the Pledge hereunder and cooperate with
the Pledgor in relation to both the deregistration of the equity pledge in the shareholders’ register of Party C and the
deregistration of the equity pledge with the relevant industry and commerce administration.

 

		11.2	The provisions under Section 9, Section 13, Section 14 and this Section 11.2 shall survive the termination
of this Agreement.

 

		12.	Costs and Other Expenses 

 

All costs and expenses arising in connection with
this Agreement, including but not limited to the legal fees, processing fees, stamp duty any other taxes and expenses, shall be
borne by Party C.

 

		13.	Confidentiality 

 

The Parties acknowledge and confirm that the terms
of this Agreement and any oral or written information exchanged among the Parties in connection with the preparation and performance
of this Agreement are regarded as confidential information. Each Party shall keep all such confidential information confidential,
and shall not, without prior written consent of the other Party, disclose any confidential information to any third parties, except
for information: (1) that is or will be available to the public (other than through the unauthorized disclosure to the public
by the Party receiving confidential information); (2) that is required 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 (3) that is 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 the terms set forth in this section. Disclosure of any confidential information by the employees or entities engaged
by any Party shall be deemed as disclosure of such confidential information by such Party, which Party shall be held liable for
breach of contract. This section shall survive the termination of this Agreement upon whatsoever reason.

 

		14.	Governing Law and Disputes Resolution 

 

		14.1	The execution, effectiveness, interpretation, performance, amendment and termination of this Agreement and the resolution of
any disputes hereunder shall be governed by PRC laws.

 

		14.2	Any disputes arising in connection with the implementation and performance of this Agreement shall be settled through consultations
among the Parties, and where no agreement regarding such disputes can be reached by the Parties within thirty (30) days upon
issuance of the written notice by one Party to the other Parties for consultations, such disputes shall be submitted by either
Party to the China International Economic and Trade Arbitration Commission for arbitration in Beijing in accordance with the arbitration
rules thereof. The language to be used in arbitration is Chinese and the arbitration award shall be final and binding on all the
Parties.

 

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

 

    	 

    	 

    

 

		15.	Notices 

 

		15.1	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 designated address
of such party. A confirmation copy of each notice may also be sent by E-mail. The dates on which notices shall be deemed to have
been effectively delivered shall be determined as follows:

 

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

 

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

 

		15.2	Each Party may at any time change its address for notices by delivering a notice to the other Parties in accordance with the
terms hereof.

 

		16.	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.

 

		17.	Miscellaneous Provisions 

 

		17.1	Any amendments, changes and supplements to this Agreement shall be in writing and shall become effective upon execution by
the Parties and completion of the governmental registration procedures (if applicable).

 

		17.2	This Agreement is written in Chinese in three (3) originals, with each of the Pledgor, the Pledgee and Party C holding
one original which shall have the same force.

 

[The following is intentionally left blank]

 

    	 

    	 

    

 

IN WITNESS HEREOF, the Parties have caused
this Equity Pledge Agreement to be executed by their respective authorized representative on the date first above written.

 

Party A:TIANJIN VENUS TECHNOLOGY CO., LTD.

 

(Company seal)

 

	By:	 	/s/ Yusen Dai	 
	Name:	 	Yusen Dai	 
	Title:	 	Legal Representative	 

 

Party B:YUSEN DAI

 

	By:	 	/s/ YUSEN DAI	 

 

Party C:TIANJIN YINGXUN TECHNOLOGY CO., LTD.

 

(Company seal)

 

	By:	 	/s/ Yusen Dai	 
	Name:	 	Yusen Dai	 
	Title:	 	Legal RepresentativeExhibit 4.15

 

LEO OU CHEN 

 

and

 

YUSEN DAI 

 

and

 

TIANJIN VENUS TECHNOLOGY CO., LTD. 

 

and

 

TIANJIN YINGXUN TECHNOLOGY CO., LTD.

 

 

 

EXCLUSIVE OPTION AGREEMENT 

 

FOR 

 

TIANJIN YINGXUN TECHNOLOGY CO., LTD.

 

 

 

August 20, 2014 

 

    	 

    	 

    

 

EXCLUSIVE OPTION AGREEMENT

 

This Exclusive Option Agreement (the “Agreement”)
is entered into as of August 20, 2014 by and among the following Parties:

 

		1.	Each of the Shareholders Listed in Schedule I hereto:

 

(1) LEO OU CHEN, a PRC citizen (identity card
number: ***);

 

(2) YUSEN DAI, a PRC citizen (identity card
number: ***);

 

(collectively, the “Existing Shareholders”);

 

		2.	TIANJIN VENUS TECHNOLOGY CO., LTD. (the “WFOE”)

 

Registered Address: 15 Jingbin Avenue, Jingbin Industrial
Park, Wuqing District, Tianjin

 

Legal Representative: Yusen Dai

 

		3.	TIANJIN YINGXUN TECHNOLOGY CO., LTD. (the “Company”)

 

Registered Address: 15 Jingbin Avenue, Jingbin Industrial
Park, Wuqing District, Tianjin

 

Legal Representative: Yusen Dai

 

(In this Agreement, each Party shall be referred to individually
as a “Party” or collectively as the “Parties”.)

 

Whereas, 

 

		(1)	The Existing Shareholders are the registered shareholders of the Company, and own 100% equity interests in the Company; their
respective capital contributions to and shareholding in the Registered Capital of the Company (as defined below) as of the date
hereof are set forth in Schedule I hereto

 

		(2)	The Parties agree to the following arrangements:

 

		(a)	Subject to applicable PRC Law (as defined below), the Existing Shareholders intend to transfer to WFOE all the equity interests
held by them in the Company respectively, and WFOE intends to accept such transfer;

 

		(b)	Subject to applicable PRC Law, the Company intends to transfer to WFOE all of its assets, and WFOE intends to accept such transfer;

 

		(c)	In order to consummate the aforesaid equity and assets transfer, the Existing Shareholders and the Company agree to grant WFOE
an irrevocable and exclusive option for equity transfer and an irrevocable and exclusive option for asset purchase, respectively,
under which the Existing Shareholders or the Company shall, as required by WFOE and subject to PRC Law, transfer the Option Equity
Interest (as defined below) or the Company Assets (as defined below) to WFOE and/or its designated entity or individual in accordance
with this Agreement;

 

		(d)	The Company consents that the Existing Shareholders grant WFOE the Equity Call Option (as defined below) in accordance with
this Agreement;

 

		(e)	The Existing Shareholders consent that the Company grant WFOE the Assets Call Option (as defined below) in accordance with
this Agreement.

 

THEREFORE, The Parties hereby agree as follows upon mutual
negotiations:

 

    	 

    	 

    

 

Section 1 Definition 

 

		1.1	Unless otherwise required in the context, the following terms in this Agreement shall have the following meanings:

 

	 “Assets Call Option”	means the option to purchase any assets of the Company granted by the Company to WFOE pursuant to the terms and conditions of this Agreement.
	 	 
	“Confidential Information”	has the meaning as provided in Section 8.1.
	 	 
	“Company Assets”	means all the tangible and intangible assets which the Company owns or is entitled to use within the term of this Agreement, including without limitation to any fixed assets, moveable assets and intellectual property, including trademarks, copyrights, patents, proprietary technology, domain names and software use rights, etc.
	 	 
	“Default”	has the meaning as provided in Section 11.1.
	 	 
	“Defaulting Party”	has the meaning as provided in Section 11.1.
	 	 
	“Equity Call Option”	means the option to purchase the equity interests in the Company granted by the Existing Shareholders to WFOE pursuant to the terms and conditions of this Agreement.
	 	 
	“Exercise”	means the exercise of the Equity Call Option or Assets Call Option by WFOE.
	 	 
	“Exercise Notice”	has the meaning as provided in Section 3.7.
	 	 
	“Material Agreement”	means any agreement to which the Company is a party and which has material impact on the businesses or the assets of the Company, including without limitation to the Exclusive Consulting and Services Agreement entered into by and between the Company and WFOE on August 20, 2014 and other material agreements relating to the business of the Company.
	 	 
	“Operating Licenses”	means any approvals, permits, filings or registrations which are necessary for the lawful and effective operation by the Company of its internet information services business and all other businesses, including without limitation to the Business License, the Tax Registration Certificate, the Telecommunication and Information Service Business Permit and other relevant licenses and permits as required by the then effective PRC Law.
	 	 
	“Option Equity Interest”	means, in respect of each Existing Shareholder, the equity interest owned by him or her in the Registered Capital of the Company, and in respect of all the Existing Shareholders, the 100% equity interests in the Registered Capital of the Company.
	 	 
	“PRC Law”	means the then effective laws, administrative regulations, administrative rules, local regulations, judicial interpretations and other binding regulatory documents of the PRC.
	 	 
	“Registered Capital of the Company”	means the registered capital of Company as of the date hereof, i.e., RMB2 million, and includes any increased registered capital within the term of this Agreement.
	 	 
	“Rights”	has the meaning as provided in Section 12.5.
	 	 
	“Transfer Assets”	means the assets of the Company which WFOE or its designated entity or individual is entitled to purchase from the Company at the request of WFOE upon its exercise of the Assets Call Option in accordance with Section 3 hereof, the amount of which may be all or part of the assets of the Company and shall be determined by WFOE at its sole discretion in accordance with the then effective PRC Law and its commercial needs.
	 	 
	“Transfer Equity Interests”	means the equity interests which WFOE or its designated entity or individual is entitled to purchase from any Existing Shareholder at the request of WFOE upon its exercise of the Equity Call Option in accordance with Section 3 hereof, the amount of which may be all or part of the Option Equity Interest and shall be determined by WFOE at its sole discretion in accordance with the then effective PRC Law and its commercial needs.

 

    	 

    	 

    

 

	“Transfer Price”	means the aggregate consideration payable to the Existing Shareholders or the Company by WFOE or its designated entity or individual for the Transfer Equity Interests or the Transfer Assets in each Exercise.

 

		1.2	Any PRC Law referred to herein shall (1) include the amendments, changes, supplements and reenactments thereto, irrespective
of whether they take effect before or after the execution of this Agreement; and (2) include the references to other decisions,
notices or regulations enacted in accordance therewith or which become effective as a result thereof.

 

		1.3	Unless otherwise specified herein, all references to a section, clause, item or paragraph shall refer to the relevant part
hereof.

 

Section 2 Grant of Equity Call Option
and Assets Call Option 

 

		2.1	The Existing Shareholders hereby severally and jointly agree to irrevocably and unconditionally grant an exclusive Equity Call
Option to WFOE, according to which WFOE may, to the extent permitted under the PRC Law and subject to the terms and conditions
of this Agreement, request the Existing Shareholders to transfer the Option Equity Interest to WFOE or its designated entity or
individual. The WFOE agrees to accept such Equity Call Option.

 

		2.2	The Company hereby agrees to the grant of the Equity Call Option to WFOE by the Existing Shareholders under Section 2.1
and other provisions of this Agreement.

 

		2.3	The Company hereby agrees to irrevocably and unconditionally grant an exclusive Assets Call Option to WFOE, according to which
the WFOE may, to the extent permitted under the PRC Law and subject to the terms and conditions of this Agreement, request the
Company to transfer all or any of the Company Assets to WFOE or its designated entity or individual. The WFOE agrees to accept
such Assets Call Option.

 

		2.4	The Existing Shareholders hereby severally and jointly agree to the grant of the Assets Call Option to WFOE by the Company
under Section 2.3 and other provisions of this Agreement.

 

Section 3 Manner of Exercise of
Options 

 

		3.1	Subject to the terms and conditions of this Agreement and to the extent permitted under the PRC Law, WFOE shall have the sole
discretion in deciding the schedule, manner and times of its Exercise.

 

		3.2	Subject to the terms and conditions of this Agreement and to the extent permitted by the then effective PRC Law, WFOE is entitled
to request the Existing Shareholders to transfer all or part of the equity interests in the Company to WFOE or its designated entity
or individual at any time.

 

		3.3	Subject to the terms and conditions of this Agreement and to the extent permitted by the then effective PRC Law, WFOE is entitled
to request the Company to transfer all or part of its assets to WFOE or its designated entity or individual at any time.

 

		3.4	In respect of the Equity Call Option, WFOE has discretion to determine the amount of the Transfer Equity Interests to be transferred
to WFOE and/or its designated entity or individual from the Existing Shareholders in each Exercise, and the Existing Shareholders
shall transfer the Transfer Equity Interests to WFOE and/or its designated entity or individual respectively according to the amount
as requested by WFOE. WFOE and/or its designated entity or individual shall pay the Transfer Price to the Existing Shareholders
for transfer of the Transfer Equity Interests in each Exercise.

 

		3.5	In respect of the Assets Call Option, WFOE has discretion to determine the specific Transfer Assets to be transferred to WFOE
and/or its designated entity or individual from the Company, and the Company shall transfer the Transfer Assets to WFOE and/or
its designated entity or individual at the request of WFOE. The WFOE and/or its designated entity or individual shall pay
the Transfer Price to the Company for transfer of the Transfer Assets in each Exercise.

 

		3.6	Upon each Exercise, WFOE may request transfer of all or any part of the Transfer Equity Interests or the Transfer Assets to
itself or any third party designated by it.

 

    	 

    	 

    

 

		3.7	Upon its decision of each Exercise, WFOE shall issue a notice to the Existing Shareholders or the Company, as case may be,
on the exercise of the Equity Call Option or the Assets Call Option (the “Exercise Notice”, the form of which
is attached in Schedule II and Schedule III hereto). The Existing Shareholders or the Company shall, upon receipt of the Exercise
Notice, promptly transfer all the Transfer Equity Interests or the Transfer Assets in a lump sum to WFOE and/or its designated
entity or individual according to the Exercise Notice and in such manner as provided under Section 3.4 or Section 3.5
of this Agreement.

 

Section 4 Transfer Price 

 

		4.1	In respect of the Equity Call Option, in each Exercise, the Transfer Price that WFOE or its designated entity or individual
shall pay to the respective Existing Shareholders shall be the amount in proportion to their respective contributions to the Registered
Capital of the Company or the lowest price as permitted by the then effective PRC Law, whichever is lower. Each of the Existing
Shareholders hereby undertakes and agrees that he or she has received sufficient compensation from WFOE, and therefore shall, within
ten (10) working days upon receipt of the Transfer Price and at the request of WFOE, (a) return all of the Transfer Price
received to WFOE or its designated entity or individual to the extent permitted by PRC Law, or (b) deposit the Transfer Price
received to a bank account designated by WFOE, where any withdrawal and use of the deposited funds shall be subject to the supervision
of WFOE.

 

		4.2	In respect of the Assets Call Option, in each Exercise, WFOE or its designated entity or individual shall pay to the Company
the Transfer Price which is equal to the lowest price as permitted by the then effective PRC Law. The Company hereby undertakes
and agrees that it has received sufficient compensation from WFOE and therefore shall, within ten (10) working days upon receipt
of the Transfer Price and at the request of WFOE, (a) return all of the Transfer Price received to WFOE or its designated
entity or individual to the extent permitted by PRC Law, or (b) deposit the Transfer Price received to a bank account designated
by WFOE, where any withdrawal and use of the deposited funds shall be subject to the supervision of WFOE.

 

Section 5 Representations and Warranties

 

		5.1	The Existing Shareholders hereby severally and jointly represent and warrant as follows:

 

		5.1.1	The Existing Shareholders are PRC citizens with full capacity, with full and independent legal status and legal capacity to
execute, deliver and perform this Agreement, and can act as an independent party in any lawsuits.

 

		5.1.2	The Company is a limited liability company duly registered and validly existing under PRC Law with an independent corporate
legal person status. The Company has full and independent legal status and legal capacity to execute, deliver and perform this
Agreement and can act as an independent party in any lawsuits.

 

		5.1.3	The Existing Shareholders have full power and authority to execute, deliver and perform this Agreement and all the other documents
relating to the transaction contemplated herein which are to be executed by them, and they have full power and authority to consummate
the transaction contemplated herein.

 

		5.1.4	This Agreement is duly and lawfully executed and delivered by the Existing Shareholders and shall constitute legal, valid and
binding obligations to them, which shall be enforceable against them in accordance with the terms herein.

 

		5.1.5	The Existing Shareholders are the registered legal owners of the Option Equity Interest as of the date hereof, and the Option
Equity Interest is free and clear of any liens, pledges, claims, other encumbrances or third party interests, except for the rights
created by this Agreement, the pledge rights created by the Equity Pledge Agreements among the respective Existing Shareholders,
the Company and WFOE dated August 20, 2014, as amended and restated, and the proxy rights created by the Shareholders’ Voting
Rights Agreement among the Existing Shareholders, WFOE and the Company dated August 20, 2014. Pursuant to this Agreement, WFOE
and/or its designated entity or individual can, upon the Exercise, obtain ownership of the Transfer Equity Interests free and clear
of any liens, pledges, claims, other encumbrances or third party right.

 

		5.1.6	To the knowledge of the Existing Shareholders, the Company Assets are free and clear of any liens, mortgages, claims, other
encumbrances or third party rights. Pursuant to this Agreement, WFOE and/or its designated entity or individual can, upon
the Exercise, obtain the ownership of the Company Assets free and clear of any liens, mortgages, claims, other encumbrances or
third party rights.

 

    	 

    	 

    

 

		5.1.7	Unless required by PRC Law, the Existing Shareholders shall not request the Company to declare or distribute any distributable
profits, dividends or other distributions; in case any Existing Shareholder receives any profits, dividends or distributions from
the Company, such Existing Shareholder shall, at the request of WOFE, (a) promptly transfer all such profits, dividends or
distributions free of consideration to WFOE or its designated entity or individual subject to the applicable PRC Law, or (b) deposit
such profits, dividends or distributions to a bank account designated by WFOE, where any withdrawal and use of the deposited funds
shall be subject to the supervision of WFOE.

 

		5.2	The Company hereby represents and warrants as follows:

 

		5.2.1	The Company is a limited liability company duly registered and validly existing under PRC Law with an independent corporate
legal person status. The Company has full and independent legal status and legal capacity to execute, deliver and perform this
Agreement and can act as an independent party in any lawsuits.

 

		5.2.2	The Company has full power and authority to execute, deliver and perform this Agreement and all other documents relating to
the transaction contemplated herein which are to be executed by it, and it has full power and authority to consummate the transaction
contemplated herein.

 

		5.2.3	This Agreement is duly and lawfully executed and delivered by the Company and shall constitute legal, valid and binding obligations
to it.

 

		5.2.4	The Company Assets are free and clear of any liens, mortgages, claims, other encumbrances or third party rights. Pursuant to
this Agreement, upon the Exercise, WFOE and/or any of its designated entity or individual is/are entitled to the good ownership
of the Company Assets free from any liens, mortgages, claims, any other security interests and third party rights.

 

		5.2.5	Unless required by the PRC Law, the Company shall not declare or distribute any distributable profits, dividends or other distributions.

 

		5.3	WFOE hereby represents and warrants as follows:

 

		5.3.1	It is a wholly foreign-owned enterprise duly incorporated and validly existing under PRC Law with an independent legal person
status, and has full and independent legal status and legal capacity to execute, deliver and perform this Agreement and can act
as an independent party in any lawsuits.

 

		5.3.2	It has full power and authority to execute, deliver and perform this Agreement and all other documents relating to the transaction
contemplated herein which are to be executed to it, and it has full power and authority to consummate the transaction contemplated
herein.

 

		5.3.3	This Agreement is duly and lawfully executed and delivered by WFOE and shall constitute legal, valid and binding obligations
to it.

 

Section 6 Undertakings by the Existing
Shareholders 

 

Each Existing Shareholder hereby undertakes as follows:

 

		6.1	During the term of this Agreement, without prior written consent of WFOE:

 

		6.1.1	He or she shall not transfer or otherwise dispose of any Option Equity Interest or create any encumbrances or third party interests
upon any Option Equity Interest.

 

		6.1.2	He or she shall not increase or reduce the Registered Capital of the Company, or cause or agree to the merger of the Company
with any other entities;

 

		6.1.3	He or she shall not dispose of, or procure the management of the Company to dispose of, any material Company Assets (except
for those that occur during the ordinary course of business);

 

    	 

    	 

    

 

		6.1.4	He or she shall not, and shall procure the management of the Company not to, terminate any Material Agreement to which the
Company is a party, or enter into any other agreements which are in conflict with the existing Material Agreements;

 

		6.1.5	He or she shall not appoint or dismiss any director, supervisor or any other management of the Company whom shall be appointed
or dismissed by the Existing Shareholders;

 

		6.1.6	He or she shall not procure the Company to declare or distribute any distributable profits, dividends or other distributions;

 

		6.1.7	He or she shall ensure the valid existence of the Company and prevent it from being terminated, dissolved or liquidated;

 

		6.1.8	He or she shall not amend the articles of association of the Company; and

 

		6.1.9	He or she shall ensure that the Company will not lend or borrow any loan, or provide guarantee or other forms of security arrangements,
or assume any material obligations except for those occur during the ordinary course of business.

 

		6.2	During the term of this Agreement, each of the Existing Shareholders shall use its best efforts to develop the business of
the Company, and ensure that the business operations of the Company are in compliance with relevant laws and regulations, and that
he or she will not engage in any actions or omissions which may harm the assets or the goodwill of the Company or may affect the
validity of the Operating Licenses.

 

		6.3	During the term of this Agreement, he or she shall keep WFOE immediately notified of any circumstance which may have material
adverse effect upon the existing, business operations, financial conditions, assets or goodwill of the Company, and shall take
any actions as agreed by WFOE to eliminate or remedy such adverse circumstance.

 

		6.4	Upon issuance of the Exercise Notice by WFOE,

 

		6.4.1	He or she shall immediately convene shareholders’ meeting to adopt a resolution and take any other necessary actions,
to approve the transfer of all of the Transfer Equity Interests or Transfer Assets at the Transfer Price by the Existing Shareholders
or the Company to WFOE and/or its designated entity or individual, as well as waive his or her right of first refusal, if any;

 

		6.4.2	He or she shall transfer all of the Transfer Equity Interests at the Transfer Price to WFOE and/or its designated entity or
individual by entering into an equity transfer agreement with WFOE and/or its designated entity or individual immediately, and
at the request of WFOE and subject to relevant laws and regulations, provide necessary support to WFOE (including provide and execute
all relevant legal documents, process all procedure for governmental approvals and registrations and assume all relevant obligations)
for acquisition of all the Transfer Equity Interests by WFOE and/or its designated entity or individual, free and clear of any
legal defects, any encumbrances, third party interests, or any other restrictions on the Transfer Equity Interests.

 

		6.5	If the aggregated Transfer Price received by any of the Existing Shareholders from transfer of his or her Transfer Equity Interests
exceeds his or her contribution to the Registered Capital of the Company, or such Existing Shareholder receives any profits, dividends
or other distributions distributed by the Company, such Existing Shareholder agrees to waive the excessive portion of the Transfer
Price and any such profits, dividends or distributions (with tax and fees being deducted) to the extent permitted by PRC Law, and
WFOE is entitled to such excessive portion of the Transfer Price and such profits, dividends or distributions. The Existing Shareholders
shall instruct relevant transferee or the Company to wire the above gains to a bank account designated by WFOE.

 

    	 

    	 

    

 

Section 7 Undertakings by the Company

 

		7.1	The Company undertakes as follows:

 

		7.1.1	In the event the execution and performance of this Agreement and the grant of the Equity Call Option or the Assets Call Option
hereunder is subject to any third party’s consents, approvals, waivers, licenses, or any approvals, permits, waivers, registrations
or filings from or with governmental authorities (as required by the laws), the Company shall make efforts to assist in the above
procedure.

 

		7.1.2	Without prior written consent of WFOE, the Company shall not assist or permit the Existing Shareholders to transfer or dispose
of any Option Equity Interest or create any encumbrances or other third party interest upon the Option Equity Interest.

 

		7.1.3	Without prior written consent of WFOE, the Company shall not transfer or otherwise dispose of any material Company Assets (except
for those occur during the ordinary course of business) or create any encumbrances or other third party interest upon any Company
Assets.

 

		7.1.4	It shall not take or allow any acts or actions which could have adverse effect upon the interests of WFOE under this Agreement,
including without limitation to any acts or actions as restricted under Section 6.1 hereof.

 

		7.2	Upon issuance of the Exercise Notice by WFOE,

 

		7.2.1	It shall immediately procure the Existing Shareholders to convene shareholders’ meeting to adopt a resolution and take
any other necessary actions, to approve the transfer of all of the Transfer Assets at the Transfer Price by the Company to WFOE
and/or its designated entity or individual;

 

		7.2.2	It shall transfer all of the Transfer Assets at the Transfer Price to WFOE and/or its designated entity or individual by entering
into an assets transfer agreement with WFOE and/or its designated entity or individual immediately, and at the request of WFOE
and subject to relevant laws and regulations, procure the Existing Shareholders to provide necessary support to WFOE (including
provide and execute all relevant legal documents, process all procedure for governmental approvals and registrations and assume
all relevant obligations) for acquisition of all the Transfer Assets by WFOE and/or its designated entity or individual, free and
clear of any legal defects, any encumbrances, third party interests, or any other restrictions on the Company Assets.

 

Section 8 Confidentiality 

 

		8.1	Notwithstanding the termination of this Agreement, each Party shall keep confidential all of the business secrets, proprietary
information, customer information as well as any other information of confidential nature it receives from the other Parties in
connection with the execution, delivery and performance of this Agreement (collectively, the “Confidential Information”).
Without prior written consent of the disclosing party of the Confidential Information or unless required by relevant laws and regulations
or requirements of the stock exchange on which a Party’s affiliate is listed, any Party receiving the Confidential Information
shall not disclose any such Confidential Information to any other third party, or use any such Confidential Information directly
or indirectly for any purpose other than for the performance of this Agreement.

 

		8.2	The following information shall not constitute the Confidential Information:

 

		8.2.1	Any information which, as shown by written evidence, has previously been known to the receiving Party by way of legal means;

 

		8.2.2	Any information which enters the public domain other than as a result of a fault of the receiving Party; or

 

		8.2.3	Any information lawfully acquired by the receiving Party from another source subsequent to the receipt of relevant information.

 

		8.3	The receiving party may disclose Confidential Information to its relevant employees, agents or professionals engaged by it,
provided that such receiving party shall ensure that the aforesaid persons are subject to the terms and conditions of this Agreement
and the receiving party shall be liable for any liabilities arising from breach of the terms and conditions hereof by the aforesaid
persons.

 

		8.4	Notwithstanding any other provisions herein, the validity of this Section 8 shall survive the termination of this Agreement.

 

    	 

    	 

    

 

Section 9 Term of This Agreement

 

This Agreement shall become effective as of the date of the
execution by the Parties, and shall remain valid until all of the Option Equity Interest and the Company Assets have been lawfully
transferred to WFOE and/or its designated entity or individual in accordance with the provisions hereof.

 

Section 10 Notice 

 

		10.1	Any notice, request, demand and other correspondences as required by or made in accordance with this Agreement shall be delivered
to the relevant Party in writing.

 

		10.2	The above notice or other correspondences shall be deemed to have been delivered upon delivery when it is transmitted by facsimile
or telex, or upon handed over to the receiver when it is delivered in person, or on the fifth (5) day after posting when it
is delivered by mail.

 

Section 11 Default Liabilities 

 

		11.1	The Parties agree and confirm that, if any Party (the “Defaulting Party”) breaches any of the provisions
herein, or fails to perform or delays in the performance of any obligation under this Agreement in any material aspect, such breach,
failure or delay shall constitute a default under this Agreement (the “Default”), and the non-defaulting Party
(the “Non-defaulting Party”) is entitled to require the Defaulting Party to rectify such Default or take remedial
measures within a reasonable period of time. If the Defaulting Party fails to rectify such Default or take any remedial measures
within reasonable period of time or within ten (10) days upon receipt of the written notice of the Non-defaulting Party, the
Non-defaulting Party is entitled to decide, at its sole discretion as follows:

 

		11.1.1	If the Defaulting Party is the Existing Shareholder or the Company, WFOE is entitled to terminate this Agreement and claim
damages from the Defaulting Party;

 

		11.1.2	If the Defaulting Party is WFOE, the Non-defaulting Party is entitled to claim damages from the Defaulting Party; however,
the Non-defaulting Party may not terminate this Agreement in any event unless otherwise provided under the laws.

 

		11.2	Notwithstanding any other provisions herein, the validity of this Section 11 shall survive the termination of this Agreement.

 

Section 12 Miscellaneous Provisions

 

		12.1	This Agreement is written in Chinese in four (4) originals with each Party retaining one (1) copy hereof.

 

		12.2	The execution, effectiveness, performance, amendment, interpretation and termination of this Agreement shall be governed by
the PRC Law.

 

		12.3	Any disputes arising hereunder and in connection herewith shall be settled through consultations among the Parties, and where
no agreement regarding such disputes can be reached by the Parties within thirty (30) days after their occurrence, such disputes
shall be submitted to the China International Economic and Trade Arbitration Commission for arbitration in Beijing in accordance
with the arbitration rules thereof, the language to be used in arbitration is Chinese and the arbitration award shall be final
and binding on all the Parties.

 

		12.4	Any rights, powers and remedies entitled to any Party by any provision herein shall not preclude any other rights, powers and
remedies entitled to such Party in accordance with laws and other provisions under this Agreement, and the exercise of its rights,
powers and remedies by a Party shall not preclude its exercise of any other rights, powers and remedies.

 

		12.5	No failure or delay by a Party to exercise any of its rights, powers and remedies hereunder or in accordance with the laws
(the “Rights”) shall be construed as a waiver of such Rights, and the waiver of any single or partial exercise
of such Rights by such Party shall not preclude its exercise of such Rights in other ways or its exercises of any other Rights.

 

    	 

    	 

    

 

		12.6	The headings herein are for reference only, and shall not be used for or affect the interpretation of the provisions hereof.

 

		12.7	Each provision contained herein shall be severable and independent from other provisions, and if at any time any provision
or provisions herein is held to be invalid, illegal or unenforceable, the validity, legality or enforceability of all other provisions
herein shall not be affected as a result thereof.

 

		12.8	This Agreement, upon its execution, supersedes any other legal documents executed by the Parties with respect to the same subject
hereof. Any amendments or supplements to this Agreement shall be made in writing and shall become effective upon due execution
by the Parties hereto.

 

		12.9	Each Party shall not assign any of its rights and/or obligations hereunder to any third parties without the prior written consent
of the other Parties.

 

		12.10	This Agreement shall be binding on the legal transferees or successors of each Party.

 

[The following is intentionally left blank]

 

    	 

    	 

    

 

IN WITNESS HEREOF, the Parties have caused this Exclusive Option
Agreement to be executed on the date first above written.

 

	LEO OU CHEN	 
	 	 	 	 
	By:	 	/s/ Leo Ou Chen	 

  

	YUSEN DAI	 
	 	 	 	 
	By:	 	/s/ Yusen Dai	 

  

	TIANJIN VENUS TECHNOLOGY CO., LTD.	 
	 	 
	(Company seal)	 
	 	 	 	 
	By:	 	/s/ Yusen Dai	 
	Name:	 	Yusen Dai	 
	Title:	 	Legal Representative	 

  

	TIANJIN YINGXUN TECHNOLOGY CO., LTD.	 
	 	 
	(Company seal)	 
	 	 	 	 
	By:	 	/s/ Yusen Dai	 
	Name:	 	Yusen Dai	 
	Title:	 	Legal Representative	 

  

    	 

    	 

    

 

Schedule I 

 

Basic Information of the Company 

 

	Company Name:	TIANJIN YINGXUN TECHNOLOGY CO., LTD.
	 	 
	Registered Address:	15 Jingbin Avenue, Jingbin Industrial Park, Wuqing District, Tianjin
	 	 
	Registered Capital:	RMB2 million
	 	 
	Legal Representative:	Yusen Dai
	 	 
	Shareholding Structure:	 

 

	Shareholder’s Name	 	Registered Capital
 (RMB)	 	Percentage of
 Contribution	 	 	Personal ID No./
 Registration No.	 
	 	 	 	 	 	 	 	 	 
	LEO OU CHEN	 	RMB 	1,600,000	 	 	80.00	%	 	 	***	 
	 	 	 	 	 	 	 	 	 	 	 
	YUSEN DAI	 	RMB 	400,000	 	 	20.00	%	 	 	***	 
	 	 	 	 	 	 	 	 	 	 	 
	Total	 	RMB 	2,000,000	 	 	100	%	 	 	—	 

  

    	 

    	 

    

 

Schedule II

 

Form of the Exercise Notice 

 

To: [name of the Existing Shareholders]

 

Reference is made to the Exclusive Option Agreement dated
as of [           ], 2014 (the “Option Agreement”) entered
into by and among the undersigned, you and Tianjin Yingxun Technology Co., Ltd. (the “Company”), pursuant
to which you shall, upon request by us and to the extent permitted by the PRC laws and regulations, transfer the equity
interests owned by you in the Company to us or any third party designated by us.

 

Therefore, we hereby issue this notice to you as follows:

 

We hereby request the exercise of the Equity Call Option under
the Option Agreement and that [    ]% of the equity interests held by you in the Company (the “Proposed
Transferred Equity”) be transferred to us/[name of company/individual] designated by us. You are required to promptly
transfer all the Proposed Transferred Equity to us/[name of the designated company/individual] upon receipt of this notice in accordance
with the terms of the Option Agreement.

 

Yours faithfully, 

 

	 	TIANJIN VENUS TECHNOLOGY CO., LTD.
	 	 
	 	(Company seal)
	 	 	 
	 	Authorized Representative:	 

	 	 
	 	Date:	 	 

 

    	 

    	 

    

 

Schedule III 

 

Form of the Exercise Notice 

 

To: Tianjin Yingxun Technology Co., Ltd. (the “Company”)

 

Reference is made to the Exclusive Option Agreement dated as
of [          ], 2014 (the “Option Agreement”) entered into by and among the undersigned, the
Company, Leo Ou Chen, and Yusen Dai, pursuant to which the Company shall, upon request by us and to the extent permitted by the
PRC laws and regulations, transfer the assets of the Company to us or any third party designated by us.

 

Therefore, we hereby issue this notice to the Company as follows:

 

We hereby request the exercise of the Assets Call Option under
the Option Agreement and that the assets of the Company as listed in the schedule attached hereto (the “Proposed Transferred
Assets”) be transferred to us/[name of company/individual] designated by us. You are required to promptly transfer all
the Proposed Transferred Assets to us/[name of the designated company/individual] upon receipt of this notice in accordance with
the terms of the Option Agreement.

 

Yours faithfully,

 

 

	 	TIANJIN VENUS TECHNOLOGY CO., LTD.
	 	 
	 	(Company seal)
	 	 	 
	 	Authorized Representative:	 

 

	 	Date:

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