Document:

Ex 10.50 - Spousal Consent (Spouse of Mr. Xie)

 Exhibit 10.50 

Spousal Consent 
 The
undersigned, Wang Meiqi, (Identification No.: [                ]), is the lawful spouse of Xie Guomin
(Identification No.: [                ], hereinafter referred to as “my spouse”). I hereby unconditionally and
irrevocably agree to the execution of the following documents by my spouse as of July 12, 2016 (the “Transaction Documents”) and the disposal of the equity interests of Beijing Kuwo Technology Co., Ltd.
(the “Domestic Company”) held by my spouse and registered in his name pursuant to the provisions of the following documents: 
  

	 	(1)	 The equity interest pledge agreement by and among my spouse, Yilan Online Network Technology (Beijing) Co.,
Ltd. (the “WFOE”), the Domestic Company and other parties; 

  

	 	(2)	 The exclusive option agreement by and among my spouse, the WFOE, the Domestic Company and other parties;

  

	 	(3)	 The loan agreement by and between my spouse and the WFOE; and 

 

	 	(4)	 The voting trust agreement by and among my spouse, the WFOE, the Domestic Company and other parties.

 I hereby confirm that I do not enjoy any interests or rights respecting my spouse’s equity interests in the
Domestic Company and hereby undertake not to make any assertions in respect of such equity interests. I further confirm that, my spouse can perform the Transaction Documents and further amend or terminate the Transaction Documents or execute other
agreements to replace the Transaction Documents absent any separate authorization or consent from me. 
 I hereby undertake to execute all
necessary documents and take all necessary actions to ensure appropriate performance of the Transaction Documents (as amended from time to time). 

I hereby agree and undertake that, if for any reason I obtain any equity interests of the Domestic Company, I will be bound by the Transaction
Documents (as amended from time to time) and perform relevant obligations under the Transaction Documents (as amended from time to time) as a shareholder of the Domestic Company. For such purpose, upon requested by the WFOE, I will execute such
documents substantially equivalent with the Transaction Documents (as amended from time to time) in terms of format and content. 

Signature:  /s/ Wang Meiqi 

Date:  July 28, 2018Ex 10.51 - Equity Interests Pledge Agreement  (Shenzhen Ultimate)

 Exhibit 10.51 

Equity Interest Pledge Agreement 

This Equity Interest Pledge Agreement (the “Agreement”) is entered into by and among the following Parties on
January 11, 2018 in Shenzhen, People’s Republic of China (the “PRC”): 
 Party A: Shenzhen Ultimate Xiangyue Culture
and Technology Co., Ltd. (the “Pledgee”), a wholly foreign-owned enterprise incorporated and existing under the laws of the PRC, with its registered address at Room 201, Building A, No. 1 Qianwan First Road, Qianhai Shenzhen-Hongkong Cooperation Zone, Shenzhen (premises of Shenzhen Qianhai Commerce Secretariat Co., Ltd.); 
 Party
B: Ding Gang, a Chinese citizen with Chinese Identification No. [    ]; and 
 Ma Xiudong, a Chinese
citizen with Chinese Identification No. [    ]; and 
 Tencent Music Entertainment (Shenzhen) Co., Ltd., a
limited liability company incorporated and existing under the laws of the PRC (together with Ding Gang and Ma Xiudong, hereinafter referred to as a “Pledgor” respectively and as the “Pledgors” collectively); 

Party C: Shenzhen Ultimate Music Culture and Technology Co., Ltd., a limited liability company incorporated and existing under the laws of the
PRC, with its registered address at Room 2401, Building A, Tianxia Jinniu Plaza, Taoyuan Road, Nantou Street, Nanshan District, Shenzhen. 

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

 

	1.	 The Pledgors Ding Gang and Ma Xiudong are Chinese citizens, and the Pledgor Tencent Music Entertainment
(Shenzhen) Co., Ltd. is a Chinese legal person. As of the date of this Agreement, the registered capital of Party C is RMB 39,487,074, and Ding Gang holds 1.9524% equity interests of Party C, representing RMB 770,950 of Party C’s registered
capital; Ma Xiudong holds 1.9524% equity interests of Party C, representing RMB 770,950 of Party C’s registered capital; Tencent Music Entertainment (Shenzhen) Co., Ltd. holds 96.0952% equity interests of Party C, representing RMB 37,945,174 of
Party C’s registered capital. Party C is a limited liability company registered in Shenzhen, China, and is engaged in the business of “Technical development of music software, computer hardware and software, and computer network
information system; domestic trade; ticket agency; operation of e-commerce; operation of advertising business (excluding any project that is prohibited in accordance with the laws, administrative regulations
and decisions of State Council, and restricted projects are subject to approval before business operation)”. Party C hereby acknowledges the rights and obligations of the Pledgors and the Pledgee under this Agreement and intends to provide any
necessary assistance in registering the Pledge; 

  
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	2.	 The Pledgee is a wholly foreign-owned enterprise registered in China. The Pledgee and Party C owned by the
Pledgors have executed an Exclusive Technical Service Agreement in Shenzhen (as defined below); the Pledgee, the Pledgors and Party C have executed an Exclusive Option Agreement (as defined below); each of the Pledgors has executed a Voting Trust
Agreement in favor of the Pledgee (as defined below); 

  

	3.	 To ensure that Party C and the Pledgors fully perform its or their obligations under the Exclusive Technical
Service Agreement, the Exclusive Option Agreement and the Voting Trust Agreement, the Pledgors pledge to the Pledgee all the equity interests they hold in Party C as security for the performance of Party C’ and the Pledgors’ obligations
under the Exclusive Technical Service Agreement, the Exclusive Option Agreement and the Voting Trust Agreement. 

 To
perform the terms of the Transaction Documents, the Parties have mutually agreed to execute this Agreement upon the following terms. 
  

	1.	 Definitions 

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

 

	1.1.	 Pledge: means the security interest granted by the Pledgors to the Pledgee pursuant to Section 2 of
this Agreement, i.e., the right of the Pledgee to be compensated on a preferential basis with any proceeds received from conversion, auction or sale of the Pledged Equity Interest. 

 

	1.2.	 Pledged Equity Interest: means 100% of the equity interests in Party C in aggregate held by the Pledgors
now, representing RMB 39,487,074 of Party C’s registered capital, and all the future equity rights and interests in Party C held by the Pledgors. 

  
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	1.3.	 Term of Pledge: means the term set forth in Section 3.1 of this Agreement. 

 

	1.4.	 Transaction Documents: means the Exclusive Technical Service Agreement entered into by and between Party
C and the Pledgee on January 11, 2018, in Shenzhen (the “Exclusive Technical Service Agreement”); the Exclusive Option Agreement entered into by and among the Pledgors, Party C and the Pledgee on January 11, 2018, in
Shenzhen (the “Exclusive Option Agreement”) ; the Voting Trust Agreement executed by the Pledgors on January 11, 2018, in Shenzhen (the “Voting Trust Agreement”), and any amendments, revisions and/or
restatements to the aforesaid documents. 

  

	1.5.	 Contractual Obligations: means all the obligations of the Pledgors under the Exclusive Option Agreement,
the Voting Trust Agreement and this Agreement, and all the obligations of Party C under the Exclusive Technical Service Agreement, the Exclusive Option Agreement and this Agreement. 

 

	1.6.	 Secured Indebtedness: means all direct, indirect, consequential losses and losses of anticipated profits
suffered by the Pledgee as a result of any Event of Default of the Pledgors 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, the service fees
that Party C is obliged to pay under Exclusive Technical Service Agreement, as well as all expenses as incurred by the Pledgee in connection with its enforcement for the performance of Contractual Obligations against the Pledgors and/or Party C.

  
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	1.7.	 Event of Default: means any circumstances as 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 Pledgors hereby agree to pledge to the Pledgee the Pledged Equity Interest in accordance with this
Agreement as security for the performance of the Contractual Obligations and the repayment of the Secured Indebtedness. Party C hereby agrees for the Pledgors to so pledge the Pledged Equity Interest to the Pledgee in accordance with this Agreement.

  

	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 Pledgors 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 after deduction of income tax paid by Pledgors 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, be used as security for
the Contractual Obligations and be first applied towards full satisfaction of the Secured Indebtedness; or (2) to the extent permitted by the PRC laws, be unconditionally donated to the Pledgee or any person designated by the Pledgee.

  
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	2.3.	 With the prior written consent of the Pledgee, the Pledgors may subscribe for capital increase in Party C. Any
increase in the capital contributed by the Pledgors to the registered capital of Party C as a result of any capital increase shall also be deemed as 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 lawful completion of such dissolution or liquidation procedure, any proceeds distributed by Party C to the Pledgors by laws 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 used as security for the Contractual Obligations and be first applied towards full satisfaction of the Secured Indebtedness; or (2) to the extent permitted by the PRC laws, be unconditionally
donated to the Pledgee or any person designated by the Pledgee. 

  

	3.	 Term of Pledge 

 

	3.1.	 The Pledge shall become effective on such date when the pledge of the Pledged Equity Interest contemplated
herein has been registered with the relevant administration for industry and commerce. The Pledge shall be continuously valid until full performance of the Contractual Obligations and full satisfaction of the Secured Indebtedness. The 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 relevant administration for industry and commerce
for the registration of the Pledge contemplated herein within 30 business days following the execution of this Agreement. The Parties covenant that for the purpose of registration of the Pledged Equity Interest, the Parties and other shareholders of
Party C shall submit to the administration of industry and commerce this Agreement or an equity interest pledge agreement in the form required by the administration of industry and commerce at the location of Party C which shall truly reflect the
information of the Pledge hereunder (the “AIC Pledge Agreement”). For matters not specified in the AIC Pledge Agreement, the parties shall be bound by the provisions of this Agreement. The 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 administration of industry and commerce, to ensure that the Pledge shall be registered as soon as possible after filing.

  
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	3.2.	 During the Term of Pledge, in the event the Pledgors and/or Party C fail to fulfill the Contractual Obligations
or pay the Secured Indebtedness, the Pledgee shall be entitled to, but not be obliged to, exercise the Pledge in accordance with this Agreement. 

  

	4.	 Custody for Certificates of the Pledge 

 

	4.1.	 During the Term of Pledge, the Pledgors shall deliver to the Pledgee within one (1) week following the
execution of this Agreement the certificate of capital contributions to Party C and the register of shareholders which records the Pledge. The Pledgee will place such documents in custody throughout the entire Term of Pledge specified in this
Agreement. 

  
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	5.	 Representations and Warranties of the Pledgors and Party C 

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

 

	5.1.	 The Pledgors, Ding Gang, Ma Xiudong and Tencent Music Entertainment (Shenzhen) Co., Ltd., are the legal and
beneficial owners of the Pledged Equity Interest. 

  

	5.2.	 The Pledgors are entitled to dispose of and transfer the Pledged Equity Interest in accordance with this
Agreement. 

  

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

  

	5.4.	 The Pledgors and Party C have obtained all necessary approvals and consents from government authorities and
third parties (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
relevant PRC laws; (ii) result in any conflict with the articles of association or other constituent documents of Party C; (iii) result in any breach 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. 

  
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	6.	 Undertakings by the Pledgors and Party C 

 

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

  

	6.1.1.	 Without the prior written consent of the Pledgee, the Pledgors 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 Documents; 

 

	6.1.2.	 The Pledgors 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 the relevant competent authorities regarding the Pledge, present such notice, order or recommendation to the Pledgee,
and concurrently comply with such notice, order or recommendation, or object thereto upon the reasonable request or consent of the Pledgee; 

  

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

  

	6.1.4.	 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. 

  
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	6.2.	 The Pledgors agree that the rights granted to the Pledgee in respect of the Pledge hereunder shall not be
interrupted or harmed by any legal procedure initiated by the Pledgors, any successors of the Pledgors or their entrusting party or any other persons. 

  

	6.3.	 The Pledgors undertake to the Pledgee that in order to protect or perfect the security for the Contractual
Obligations and the Secured Indebtedness under this Agreement, the Pledgors shall execute in good faith and cause other parties who have interests in the Pledge to execute all the certificates of rights, 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 (individuals or legal persons) designated by the Pledgee, as well as provide the Pledgee with all notices, orders and decisions regarding the Pledge as required by the Pledgee within a reasonable period of time.

  

	6.4.	 The Pledgors hereby undertake to the Pledgee to comply with and perform all the undertakings, representations
and warranties and terms hereunder. In the event that the Pledgors fail to perform or fail to fully perform such undertakings, representations and warranties and terms hereunder, the Pledgors shall indemnify the Pledgee against all the losses
resulting therefrom. 

  

	7.	 Event of Default 

 

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

 

	7.1.1.	 The Pledgors breach any of its obligations under the Transaction Documents and/or this Agreement;

  
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	7.1.2.	 Party C breaches any of its obligations under the Transaction Documents and/or this Agreement.

  

	7.2.	 Should there arises any event set forth in Section 7.1 or any circumstance that may result in the
foregoing events, the Pledgors 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 to the Pledgors and/or Party C requesting the rectification of such Event of Default, the Pledgee may issue a Notice of Default to the Pledgors 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 shall issue a Notice of Default to the Pledgors 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 Pledgors shall no longer own any right and interest in respect of the Pledged
Equity Interest 

  
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	8.3.	 Upon the issuance of the Notice of Default in accordance with Section 8.1, the Pledgee is entitled to
exercise all the remedies, rights and powers available to it under the PRC laws, the Transaction Documents and this Agreement, including without limitation to converse, 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 taxes and expenses payable in connection with the disposal of the Pledged Equity Interest and the performance of the Contractual Obligations and the repayment of the Secured Indebtedness to the Pledgee. Any remaining balance after the
deduction of the foregoing payments, if any, shall be returned to the Pledgors 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 Pledgors; and to the extent permitted by the PRC laws, the Pledgors shall unconditionally donate such balance to the Pledgee or any person designated by the Pledgee.

  

	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 converse, 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 Pledgors nor Party C shall object thereto. 

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

  

	9.	 Default Liabilities 

 

	9.1.	 In the event that the Pledgors or Party C materially breach any provision under this Agreement, the Pledgee is
entitled to terminate this Agreement and/or claim damages from the Pledgors or Party C; this Section 9 shall not preclude any other rights entitled to the Pledgee as provided under this Agreement. 

 

	9.2.	 The Pledgors or Party C may not terminate or cancel this Agreement in any event unless otherwise provided under
the laws. 

  

	10.	 Assignment 

  

	10.1.	 The Pledgors and Party C shall not donate, transfer or dispose of their rights and obligations under this
Agreement without prior written consent of the Pledgee. 

  

	10.2.	 This Agreement shall be binding upon the Pledgors and its successors and any permitted assignees, and effective
upon the Pledgee and each of its successors and assignees. 

  

	10.3.	 The Pledgee may assign any or all of its rights and obligations under the Transaction Documents and this
Agreement to any person designated by it at any time. In this case, the assignee shall enjoy and assume the rights and obligations of the Pledgee under the Transaction Documents and this Agreement as if the assignee were a party hereto.

  
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	10.4.	 In the event of a change of Pledgee due to assignment, the Pledgors 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 Pledgors and Party C shall strictly comply with the provisions of this Agreement and other relevant
agreements to which any Party is a party, including the Transaction Documents, 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 Pledgors shall not exercise their remaining rights in respect of the Pledged Equity Interest. 

  

	11.	 Termination 

  

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

 

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

  
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	12.	 Costs and Other Expenses 

All costs and actual expenses arising in connection with this Agreement, including without limitation 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: (a) that is or will be available to the public (other than through the unauthorized disclosure to the public by the Party receiving confidential information);
(b) 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 (c) that is disclosed by any Party to its shareholders, directors,
employees, legal counsels or financial advisors regarding the transaction contemplated hereunder, provided that such shareholders, directors, employees, 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 shareholders, directors, 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. 
  

	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 the PRC laws. 

  
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	14.2.	 Any disputes arising in connection with the implementation and performance of this Agreement shall be settled
through friendly consultations among the Parties, and where such disputes are still unsolved 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 South China International Economic and Trade Arbitration Commission for arbitration in accordance with its arbitration rules. The arbitration shall take place in Shenzhen. The arbitration award shall be final and binding upon all
the Parties. 

  

	14.3.	 The Parties agree that the arbitral tribunal or the arbitrator shall have the right to award any remedies in
accordance with the terms hereunder and applicable PRC laws , including without limitation temporary and permanent injunctive remedies (as required by the business operation of Party C or compulsory transfer of the assets), the specific performance
of the Contractual Obligations, the remedies in respect of Party C’s equity interests or real estates, and the liquidation orders against Party C. 

  

	14.4.	 To the extent permitted by PRC laws, pending the formation of an arbitral tribunal or under the appropriate
circumstances, the Parties are entitled to resort to a court of competent jurisdiction for temporary injunctive remedies or other temporary remedies to support the arbitration. In this regard, the Parties reached a consensus that to the extent as
permitted by applicable laws, the courts in Hong Kong, the Cayman Islands, the PRC and the place where Party C’s major assets are located shall be deemed to have jurisdiction. 

  
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	14.5.	 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 as listed 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 delivered shall be determined as follows: 

  

	15.2.	 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. 

  

	15.3.	 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). 

  
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	15.4.	 For the purpose of notification, the addresses of the Parties are as follows: 

Party A: Shenzhen Ultimate Xiangyue Culture and Technology Co., Ltd. 

Address: Room 2302-2303, Building B, POSOC Center, Wangjing Business Zone, Chaoyang District, Beijing 

Attention: Ma Xiudong 

Tel: [            ] 

E-mail: [            ] 

Party B: 
 Name:
Ding Gang 
 Address: Room 2302-2303, Building B, POSOC Center, Wangjing Business Zone, Chaoyang District, Beijing 

Tel: [            ] 

E-mail: [            ] 

Name: Ma Xiudong 

Address: Room 2302-2303, Building B, POSOC Center, Wangjing Business Zone, Chaoyang District, Beijing 

Tel: [            ] 

E-mail: [            ] 

  
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 Name: Tencent Music Entertainment (Shenzhen) Co., Ltd. 

Address: 18F, Building B, China Technology Exchange Building, No.66 West Road, North 4th Ring Road, Haidian District, Beijing 

Attention: Zhao Xiang 

Tel: [            ] 

Party C: Shenzhen Ultimate Music Culture and Technology Co., Ltd. 

Address: Room 2302-2303, Building B, POSOC Center, Wangjing Business Zone, Chaoyang District, Beijing 

Attention: Ma Xiudong 

Tel: [            ] 

E-mail: [            ] 

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

 

	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. 

  
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	17.	 Effectiveness 

 

	17.1.	 This Agreement comes into effect upon formal signing by all the Parties. 

 

	17.2.	 Any amendments, changes and supplements to this Agreement shall be in writing and shall become effective upon
signing or stamping by the Parties and completion of the governmental registration procedures (if applicable) in accordance with the regulations. 

  

	18.	 Language and Counterparts 

This Agreement is written in Chinese in six (6) originals, with each of the Pledgee, the Pledgors (Ding Gang, Ma Xiudong and Tencent Music
Entertainment (Shenzhen) Co., Ltd.) and Party C holding one original, and the other one original will be submitted for registration. 

[The remainder of this page is intentionally left blank] 

  
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 IN WITNESS HEREOF, the Parties have caused this Equity Interest Pledge Agreement to be
executed by their respective authorized representative on the date first above written. 
 Party A: Shenzhen Ultimate Xiangyue Culture and Technology
Co., Ltd. 
 /s/ Seal of Shenzhen Ultimate Xiangyue Culture and Technology Co., Ltd. 

 

			
	Signature: /s/ Hu Min
	
	Name: Hu Min
	
	Title: Legal Representative
	
	Party B:
	
	The Pledgor: Ding Gang
	
	Signature: /s/ Ding Gang
	
	The Pledgor: Ma Xiudong
	
	Signature: /s/ Ma Xiudong

 The Pledgor: Tencent Music Entertainment (Shenzhen) Co., Ltd. 

/s/ Seal of Tencent Music Entertainment (Shenzhen) Co., Ltd. 
  

			
	Signature: /s/ Hu Min
	
	Name: Hu Min
	
	Title: Legal Representative

 Party C: Shenzhen Ultimate Music Culture and Technology Co., Ltd. 

/s/ Seal of Shenzhen Ultimate Music Culture and Technology Co., Ltd. 
  

			
	Signature: /s/ Hu Min
	
	Name: Hu Min
	
	Title: Legal Representative

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