Document:

English Translation of Exclusive Consultancy and Service Agreement

 Exhibit 4.48 
 English Translation 
 Between 

Beijing Tixian Digital Technology Co., Ltd. 
 AND 
 Reshuffle Technology (Shanghai) Co., Ltd. 

 
  

EXCLUSIVE CONSULTANCY AND SERVICE 
 AGREEMENT 
  

 
 Dated
February 15, 2012 

 EXCLUSIVE CONSULTANCY AND SERVICE AGREEMENT 

THIS AMENDED EXCLUSIVE CONSULTANCY AND SERVICE AGREEMENT (“this Agreement”) is made and entered into by the following two parties in
Shanghai, the People’s Republic of China (“PRC”) on February 15, 2012. 
 (1) Beijing Tixian Digital Technology
Co., Ltd., a limited liability company duly organized and validly existing under the PRC laws, with its legal address at Room 9960, 3# Building, No.3 Xijing Road, Badachu Hi-tech Park, Shijingshan District, Beijing (hereinafter referred to as
“Party A”); and 
 (2) Reshuffle Technology (Shanghai) Co., Ltd., a wholly foreign owned enterprise duly organized and
validly existing under the PRC laws, having its legal address at Room 22301-1007, Building 14, Pudong Software Park, No.498 Guoshoujing Road, Zhangjiang High-tech Park, Shanghai (hereinafter referred to as “Party B”) 

(In this Agreement, Party A and Party B are hereinafter referred to as the “Parties” and individually as a “Party”.)

 Preamble 
 WHEREAS, Party A is a limited liability company duly organized and validly existing in Beijing, PRC, with its main business covering animation design, computer animation making, exhibitions, advertising
design, making, release and agency, advertising information consulting, graphic design, software design, organization of cultural and art exchange activities and technical promotion services; 
 WHEREAS, Party B is a wholly foreign owned enterprise duly registered and legally existing in Shanghai, PRC, with its main business covering the development, design and making of network information
system software, selling of self-produced products, development and design of computer hardware and provision of related technical consultancy and services; 
 WHEREAS, Party A needs Party B to provide the technical consultancy and services relevant to the Business (as defined below), and Party B agrees to provide Party A with such technical consultancy and
services. 
 NOW, THEREFORE, the Parties, after friendly negotiations, hereby agree below: 

Article 1 Definitions 
  

	1.1	Except as otherwise provided herein or where the context otherwise requires, the following terms used herein shall have the following meanings:

  

			
	 “Party A’s Business”
	  	means all the businesses as conducted by Party A now and at any time throughout the term of this Agreement.
	 Services
	  	 means the technical consultancy and services in connection with Party A’ Business provided by Party B exclusively to Party A
within its business scope, including, but not limited to:
  
 (1)    Permitting Party A to use the relevant software required for the Party A’s Business;
  

(2)    Routine management, maintenance and updating of hardware equipment and
database;

  
 1 

			
		  	 (3)    Development, maintenance and updating of the application software
related to the application of the Party A’s Business;
  
 (4)    Providing training for Party A’s staff so that they become professional technicians;
  

(5)    Assisting Party A in the collection and investigation of relevant technical
information;
  

(6)    Other related technical consultancy and services provided from time to time at the
request of Party A.
  
 For the purpose of the Services, Party B also agrees
to provide Party A with the computers, network hardware and other equipment required for the Party A’s Business.

	 “Annual Business Plan”
	  	means the Party A’s Business development plan and budget report for next calendar year prepared by Party A according to this Agreement and with the assistance of Party B
before November 30 of each year.
	 “Service Fees”
	  	means all the fees payable by Party A to Party B under Article 3 in respect of the services provided by Party B.
	 “Business Related Technology”
	  	means any and all software and technologies relating to the Party A’s Business developed by Party A on the basis of the Services supplied by Party B
hereunder.
	 “Customer Information”
	  	has the meaning as ascribed to it under Article 6.1.
	 “Confidential Information”
	  	has the meaning as ascribed to it under Article 6.2.
	 “Defaulting Party”
	  	has the meaning as ascribed to it under Article 11.1.
	 “Default”
	  	has the meaning as ascribed to it under Article 11.1.
	 “Rights”
	  	has the meaning as ascribed to it under Article 13.5.

  

	1.2	The references to any laws and regulations (hereinafter the “Laws”) herein shall be deemed: 

 

	 	(1)	to include the references to the amendments, changes, supplements and reenactments of such Laws, irrespective of whether they take effect before or after the date of
this Agreement; and 

  

	 	(2)	to include the references to other decisions, notices or regulations enacted in accordance therewith or effective as a result thereof. 

 

	1.3	Except as otherwise stated in the context herein, all references to an article, clause, item or paragraph shall refer to the relevant part of this Agreement.

 Article 2 Services 
  

	2.1	Party B shall provide Party A with the Services diligently according to the needs of the Party A’s Business and the conditions hereunder. For this purpose, Party B
shall have in place the equipment and personnel reasonably necessary for the provision of the Services and acquire the new equipment and personnel according to Party A’s Annual Business Plan and at the reasonable request of Party A, so as to
meet the needs of Party B’s provision of high-quality Services to Party A. 

  

	2.2	For the purpose of provision of the Services, Party B shall communicate with Party A all information relevant to the Party A’s Business and/or customers of Party
A. 

  
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 Article 3 Service Fees 

 

	3.1	In respect of the Services to be provided by Party B pursuant to this Agreement, Party A agrees to pay Party B, pursuant to Article 3.2 hereof, the Service Fees as
follows: 

  

	 	(1)	The performance-based Service Fees computed at a certain percentage of Party A’s total before-tax revenue for the current year. The initial computing percentage of
the performance-based Service Fees is [50%] of Party A’s total before-tax revenue for the current year. 

  

	 	(2)	In respect of the certain technical consultancy and Services provided by Party B from time to time at Party A’s request, Party A shall pay the Service Fees based
on written payment notice provided by Party B. 

  

	3.2	The Parties agree that the Service Fees should be paid as follows: 

  

	 	(1)	Party A shall pay Party B the performance service fee on a quarterly basis. Party A shall pay the performance service fee as set forth in Article 3.1(1) before
January 10, April 10, July 10 and October 10 of each year. 

  

	 	(2)	After the end of each fiscal year of Party A, the Parties shall, on the basis of Party A’s total pre-tax income in the preceding fiscal year confirmed by the
auditing report issued by a PRC certified public accountants firm which is mutually accepted by the Parties or by the means as agreed by the Parties, carry out the overall examination and verification on the performance service fee actually payable
by Party A under Article 3.1(1) and make payment adjustments (overpaid portion is refunded and underpaid portion is paid) within fifteen working days after issue of the auditing report. Party A undertakes to Party B that it will provide all
necessary materials and assistance to the PRC certified public accountants firm, and procure such firm to complete and issue to the Parties the auditing report for the preceding fiscal year within the first thirty (30) working days after the
end of each year. 

  

	3.3	Party A shall, pursuant to Article 3 hereof, pay all Service Fees to the bank account designated by Party B on time. If Party B changes its bank account, it shall
notify Party A of such change in writing seven (7) working days in advance. 

  

	3.4	Notwithstanding any provision of Articles 3.1 and 3.2, in respect of the Services performed by Party B each year, Party B shall have the right adjust the computing
percentage of the performance-based Service Fees. Party B shall, before the relevant payment period, notify Party A in writing of the adjusted computing percentage of the performance-based Service Fees and Party A shall pay such adjusted
performance-based Service Fees based on Party B’s written notice. Party B may at the same time require the adjustment of the specific payment method of the Service Fees under Article 3.2 hereof. 

  
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 Article 4 Party A’s Obligations 

 

	4.1	The Services hereunder shall be provided by Party B on an exclusive basis. During the validity term of this Agreement, without prior written consent of Party B, Party A
may not enter into any agreement with any third party or otherwise agree to engage such third party to provide the services identical or similar to those provided by Party B. 

 

	4.2	Party A shall provide Party B with its determined Annual Business Plan for next year before November 30 of each year so that Party B can arrange the corresponding
service plan and prepare the necessary software, equipment and technical service personnel. If Party A temporarily needs Party B to increase equipment or personnel, it shall negotiate with Party B to reach a consensus fifteen (15) days in
advance. 

  

	4.3	In order to facilitate Party B’s provision of the Services, Party A shall provide Party B with relevant materials required by Party B in a timely manner.

  

	4.4	Party A shall pay the Service Fees to Party B on time and in full according to Article 3 hereof. 

 

	4.5	Party A shall maintain its good reputation and actively develop its business to pursue maximum profits. 

Article 5 Intellectual Property Rights 
  

	5.1	Intellectual property rights on the work products created during Party B’s provision of Services shall belong to Party B. 

 

	5.2	As the operation of Party A’s Business relies on Party B’s provision of Services hereunder, Party A agrees to the following arrangements in respect of the
Business-related Technology developed by Party A on the basis of such Services: 

  

	 	(1)	if the Business-related Technology is further developed by Party A upon entrustment of Party B, or is jointly completed by Party A and Party B, the titles thereon and
relevant application right for patent shall belong to Party B; 

  

	 	(2)	if the Business-related Technology is further developed by Party A independently, the titles thereon shall be owned by Party A, provided that (A) Party A informs
Party B of the details of such Business-related Technology in time and provides relevant materials required by Party B; (B) in the event that Party A proposes to license or transfer such Business-related Technology, Party B shall have the
priority to purchase, or Party A shall grant Party B an exclusive license, subject to compliance with mandatory provisions of the PRC laws, and Party B may use such Business-related Technology within the scope transferred or granted by Party A (but
Party B has the right to determine whether to accept such transfer or license). Only when Party B waives its priority to purchase or the exclusive right to use such Business-related Technology, Party A may transfer the title on such Business-related
Technology to any third party or license any third party to use such Business-related Technology provided that the conditions (including but not limited to transfer price or license fees) should not be favorable than those offered to Party B, and
Party A shall guarantee that such third party fully complies with and performs the relevant liabilities and obligations to be complied with and performed by Party A hereunder; and (C) except for the circumstances set forth in item
(B) above, within the period provided by Article 8.1 hereof, Party B is entitled to purchase such Business-related Technology, at which time Party A shall consent to such purchase by Party B, subject to compliance with mandatory provisions of
the PRC Law, at a price of Renminbi one yuan (RMB1.00) or the minimum price permitted by the then effective Law. 

  

  
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	5.3	If Party B is exclusively licensed to use the Business-related Technology according to Article 5.2(2) hereof, such license is subject to the provisions below:

  

	 	(1)	the license term shall be at least five (5) years (commencing from the effective date of the relevant license agreement); 

 

	 	(2)	the scope of license shall be defined to the fullest extent; 

  

	 	(3)	within the term and scope of the license, except Party B, no other party (including Party A) may use or license others to use such Business-related Technology in any
manner; 

  

	 	(4)	subject to compliance with Article 5.3(3), Party A is entitled to determine, at its sole discretion, to license such technology to other third party; and

  

	 	(5)	upon expiry of the license term, Party B is entitled to request renewal of the license agreement, and Party A shall agree. The renewed license agreement shall have the
same terms with the original one, except for changes acknowledged by Party B. 

  

	5.4	Notwithstanding any provision of the above Article 5.2(2) hereof, the patent application for any Business-related Technology described in that article shall be
conducted in accordance with the following provisions: 

  

	 	(1)	if Party A intends to apply for patent on any Business-related Technology described in such Article, Party B’s prior written consent is required;

  

	 	(2)	Party A may apply for patent by itself or transfer such application right to a third party only upon Party B’s waiver of the right to purchase such application
right for patent. If Party A transfers the aforesaid application right for patent to a third party, it shall guarantee that such third party fully complies with and performs the relevant liabilities and obligations to be complied with and performed
by Party A hereunder; in addition, the conditions of Party A’s transfer of the application right for patent to a third party (including but not limited to transfer price) shall not be favorable than those proposed to Party B pursuant to
Paragraph 3 of this Article. 

  

	 	(3)	during the term of this Agreement, Party B may at any time require Party A to apply for patent on such Business-related Technology, and decide at its own discretion
whether to purchase such application right for such patent. At Party B’s request, Party A shall transfer such application right to Party B, subject to compliance with mandatory provisions of the PRC law, at a price of Renminbi one yuan
(RMB1.00) or the minimum price permitted by the then effective law. Party B shall become the legal owner of such patent after it acquires the application right for patent on such Business-related Technology and applies for and obtains such patent.

  

	5.5	Each Party warrants to the other Party that it will compensate the other Party for any and all economic losses incurred by the other Party due to its infringement of
any other person’s intellectual property rights (including copyright, trademark, patent and know-how). 

  
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 Article 6 Confidentiality 

 

	6.1	Throughout the term of this Agreement, all customer information related to Party A’s Business and the Services provided by Party B hereunder as well as other
relevant materials (hereinafter the “Customer Information”) shall be owned by the Parties. 

  

	6.2	Whether this Agreement is terminated or not, the Parties shall be obliged to keep in strict confidence business secrets, proprietary information and business
information of the other Party acquired during the execution and performance of this Agreement, Customer Information owned by the Parties and all other information of a confidential nature (hereinafter the “Confidential
Information”). The receiving Party of the Confidential Information shall not disclose any Confidential Information to any third party except with the prior written consent of the other Party, or required by relevant laws and regulations or
listing requirements. The receiving Party may not use, directly or indirectly, such Confidential Information for purposes other than performing its obligations under this Agreement. 

 

	6.3	The following information is not Confidential Information: 

  

	 	(a)	any information that is proved by written evidence to be known to the receiving Party previously by any legal means; 

 

	 	(b)	any information that comes into public domain through no fault of the receiving Party, or becomes known to the public for other reasons; 

 

	 	(c)	any information that is rightfully obtained by the receiving Party by other means after receiving such information. 

 

	6.4	The receiving Party may disclose the Confidential Information to its relevant employees, agents or professionals it retains, but shall ensure that such persons obey the
relevant terms and conditions of this Agreement and assume any liabilities arising from the breach of the relevant terms and conditions of this Agreement by any of the foregoing persons. 

Article 7 Representations and Warranties 
  

	7.1	Party A hereby represents and warrants that: 

  

	7.1.1	it is a limited liability company duly registered and validly existing under the PRC laws with the corporate personality of independent legal person, with full and
independent legal status and legal capacity to execute, deliver and perform this Agreement, and may act independently as a subject of actions; 

  

	7.1.2	it has full corporate internal power and authorization to execute and deliver this Agreement and all other documents related to the transaction contemplated hereunder
and to be executed by it, and it has full power and authorization to complete the transaction contemplated hereunder. This Agreement shall be lawfully and duly executed and delivered by it and shall constitute a legal and binding obligation on it
and is enforceable against it pursuant to the terms hereof; 

  

	7.1.3	it has obtained complete business permits necessary for its operations upon effectiveness of this Agreement; it has sufficient rights and qualification to conduct the
business it is currently engaged in as well as the other Party A’s Business as conducted now within the PRC; 

  
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	7.1.4	it shall notify Party B in a timely manner of any situation which has or may have material adverse effect on the Party A’s Business and operation, and shall make
its best efforts to prevent the occurrence of such situation and/or the expansion of losses; 

  

	7.1.5	without written consent from Party B, Party A shall not, in whatever ways, dispose of its material assets or change its current shareholding structure.

  

	7.2	Party B hereby represents and warrants that: 

  

	7.2.1	it is a limited liability company duly registered and validly existing under the PRC laws with the corporate personality of independent legal person, with full and
independent legal status and legal capacity to execute, deliver and perform this Agreement, and may act independently as a subject of actions; 

  

	7.2.2	it has full corporate internal power and authorization to execute and deliver this Agreement and all other documents related to the transaction contemplated hereunder
and to be executed by it, and it has full power and authorization to complete the transaction hereunder. This Agreement shall be lawfully and duly executed and delivered by it and shall constitute a legal and binding obligation on it and is
enforceable against it pursuant to the terms hereof. 

 Article 8 Term of Agreement 

 

	8.1	The Parties hereby acknowledge that this Agreement becomes effective upon formal signing by the Parties. Unless terminated by the Parties in writing, this Agreement
shall continue in force and effect until the term of operation of any Party expires and is not extended. 

  

	8.2	The obligations of the Parties under Article 3 and Article 6 hereof shall survive the termination of this Agreement. 

Article 9 Indemnification 

Party A shall indemnify and hold Party B harmless from and against any and all damages that are or may be suffered by Party B as a result of its
provision of the Services, including, but not limited to, those caused by or arising from any lawsuit, repayment pursuit, arbitration or claim made by any third party or any administrative investigation or penalty by any government authority against
Party B, provided, however, that the damages arising from Party B’s intentional misconduct or gross negligence shall not be entitled to such indemnification. 
 Article 10 Notices 
  

	10.1	Any notice, request, demand or other communications required to be given or made under or pursuant to this Agreement shall be in writing and delivered to the receiving
Party. 

  

	10.2	The notices or other communications shall be duly given: if sent by fax or telex, upon transmission; if delivered by hand delivery, when delivered; if delivered by
mail, after five (5) days of posting. 

  
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 Article 11 Defaulting Liabilities 

 

	11.1	The Parties agree and acknowledge that, if any Party (hereinafter the “Defaulting Party”) commits material breach of any provision hereof, or
materially fails to perform any obligation hereunder, such breach or failure shall constitute a default under this Agreement (hereinafter a “Default”), then the non-defaulting Party shall be entitled to demand the Defaulting Party
to rectify such Default or take remedial measures within a reasonable period. If the Defaulting Party fails to rectify such Default or take remedial measures within such reasonable period or within fifteen (15) days following the written notice
issued by the non-defaulting Party and the rectification requirement, the non-defaulting Party shall be entitled to decide to, at its discretion: (1) terminate this Agreement and require the Defaulting Party to indemnify all the damages; or
(2) require the performance of the obligations hereunder and require the Defaulting Party to indemnify all the damages. 

  

	11.2	Notwithstanding any provision under Article 11.1 above, the Parties agree and acknowledge that under no circumstances shall Party A be entitled to terminate this
Agreement for whatever reason, unless otherwise provided by law or this Agreement. 

  

	11.3	Notwithstanding any other provisions herein, the validity of this Article 11 shall survive the suspension or termination of this Agreement. 

Article 12 Force Majeure 

If a Party is prevented from performing this Agreement or performing on the agreed conditions hereunder as a result of force majeure, including
earthquake, typhoon, flood, fire, war, computer virus, design vulnerabilities of tool software, hacker attack on the internet, changes in policies and laws and other events, causes or circumstances that are unforeseeable or whose happenings are
unpreventable or unavoidable, such prevented Party shall forthwith notify the other Party by fax of the occurrence thereof and within thirty (30) days thereafter, provide the documentary evidences issued by the local notarial organization where
the event occurred, explaining the details of the event and the reasons for its failure to perform this Agreement or its need to delay the performance of this Agreement. The Parties may negotiate whether or not to exempt part of the obligations
hereunder or delay the performance of this Agreement depending on the effect of such event of force majeure upon the performance of this Agreement. Neither Party shall be liable to the other Party in respect of the economic losses incurred as a
result of force majeure. 
 Article 13 Miscellaneous 

 

	13.1	This Agreement is written in Chinese and executed in two (2) originals. Each Party retains one (1) copy. 

 

	13.2	The execution, effectiveness, performance, modification, interpretation and termination of this Agreement shall be governed by the laws of the People’s Republic of
China. 

  
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	13.3	Any dispute arising hereunder and in connection herewith shall be settled through consultations between the Parties, and if no agreement regarding such dispute can be
reached by the Parties within thirty (30) days upon its occurrence, such dispute shall be submitted to the Shanghai Sub-commission of China International Economic and Trade Arbitration Commission for arbitration in Shanghai in accordance with
the arbitration rules thereof, and the arbitration award shall be final and binding on the Parties. 

  

	13.4	Any rights, powers and remedies granted to any Party by any provisions herein shall not preclude any other rights, powers and remedies available 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 available to it. 

 

	13.5	No failure or delay by a Party in exercising any of its rights, powers and remedies hereunder or in accordance with law (hereinafter the “Rights”)
shall be construed as a waiver of such Rights, and the waiver of any single or partial exercise of the Rights shall not preclude its exercise of such Rights in any other way and other Rights. 

 

	13.6	The headings herein contained are inserted for reference only and in no circumstances shall such headings be used in or affect the interpretation of the provisions
hereof. 

  

	13.7	Each provision contained herein shall be severable and separate from other provisions, and if at any time one or more provisions herein become invalid, illegal or
unenforceable, the validity, legality or enforceability of the remaining provisions herein shall not be affected as a result thereof. 

  

	13.8	This Agreement, once executed, shall supersede all other prior legal documents between the Parties with respect to the subject matter hereof. Any amendment or
supplement to this Agreement shall be binding only by a written instrument duly executed by the Parties. 

  

	13.9	Neither Party shall assign any of its rights and/or obligations hereunder to any third party without the prior written consent of the other Party.

  

	13.10	This Agreement shall be binding on the respective legal successors of the Parties. 

 

	13.11	The Parties undertake that they shall respectively make tax declaration and payment pursuant to law in connection with the transaction hereunder.

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 (SIGNATURE PAGE) 
 IN WITNESS WHEREOF, the Parties hereto have caused this Amended Exclusive Consultancy and Service Agreement to be executed as of the date and in the place first above written. 

Party A: 
 Beijing Tixian Digital
Technology Co., Ltd. 
 (Corporate seal) 
 [Seal: Beijing Tixian Digital Technology Co., Ltd.] 
 By: /s/ Zhou Yu 

Name: 
 Title: 

Party B: 
 Reshuffle Technology
(Shanghai) Co., Ltd. 
 (Corporate seal) 
 [Seal: Reshuffle Technology (Shanghai) Co., Ltd.] 
 By: /s/ Wei Wang 

Name: 
 Title: 

  
 10English Translation of House Lease Contract dated as of July 20, 2011

 Exhibit 4.49 
 English Translation 
 House Lease Contract 

(For Office) 
 Contract Number: TU2011071958841OC   
 Party A (Lessor): Shanghai Digital
Entertainment Industry Management Co., Ltd. 
 Domicile: No.20 North Chaling
Road            Postal code: 200032 
 Legal representative:
             Tel.: 64036299 
 Party B (Lessee): Wohong Network Technology
(Shanghai) Co., Ltd. 
 Domicile:              Postal code:
             
 Legal representative:
             Tel.:              
 In accordance with the stipulations of the Contract Law of the People’s Republic of China and the Regulations of Shanghai Municipality on Housing Lease (hereafter the “Regulations”), Party
A and Party B, on the basis of free will, equality, fairness, honesty and credibility and after negotiations, hereby enter into this Contract with respect to Party B leasing from Party A the Premises (as defined below) over which Party A has the
full right of operation and that can be leased out in accordance with law, on the terms and subject to the provisions as set forth below. 

Article 1 Information on the Premises 

1. The house to be leased by Party A to Party B is located at Suites A8 & 4202, “X2 Xuhui Creative Space” Project, No.20 North Chaling
Road, Shanghai (hereafter the “Premises”). The paid area of the Premises is 429 square meters. (For the specific location of the Premises, refer to Schedule 1 hereto). 
 2. The paid area of the Premises is 429 square meters. If the paid area of the Premises is inconsistent with the construction area or lease area measured by any person, organization or agency or the area
computed by other means, both parties agree to adjust the rent of the Premises as well as any other expenses calculated on the basis of the lease area of the Premises. 

 3. The floor plan of the Premises is set out in Schedule 1 hereto and has been presented by Party A to Party
B. The specific lease location is marked with black line. 
 4. Party B acknowledges that as of the date hereof, Party B has known and
recognizes that the property right certificate of the Premises is under application, and undertakes not to take this as the basis for refusing to pay the rent or claim the ineffectiveness of this Contract. Party A undertakes that its leasing act
complies with the laws and regulations of the People’s Republic of China and has been duly authorized by the original real estate right owner and further undertakes that Party B’s right to use the Premises pursuant to this Contract will be
free of any interference from any third person (including original real estate right owner). 
 5. The conditions of the existing renovations,
ancillary facilities and equipment of the Premises, the contents and standards of the renovations to be made and ancillary facilities to be added by Party B with Party A’s consent as well as other relevant matters needing to be specified are to
be set out by Party A and Party B in Schedule 2 hereto. Party B declares that Party B has visited and inspected the Premises prior to the execution of this Contract, has a full understanding of the conditions of the renovations and facilities of the
Premises and acknowledges the conformity with the purpose of the lease. Party A will deliver the Premises on AS IS basis and both parties shall sign the confirmation document at the time of handover. Both parties agree that this schedule and the
said confirmation document serve as the basis for checking when Party A delivers the Premises to Party B and Party B returns the Premises to Party A upon termination or premature termination of this Contract. 

Article 2 Purpose of Lease 
 1. Party B
will lease the Premises for office purpose and comply with the regulations of the state and Shanghai Municipality concerning housing use and property management. 
 2. Party B guarantees that within the lease term, Party B will not modify the use as set forth in the foregoing paragraph without Party A’s written consent and approval by relevant authority as
required by regulations. 
 Article 3 Delivery Time, Lease Term and Rent-free Period 

1. Delivery 
 1) It is agreed by Party A and
Party B that Party A shall deliver the Premises to Party B no later than July 15, 2011. 
 2) From the delivery date
(including the deemed delivery date), Party B shall, in addition to paying the monthly management fee before the
5th day of each month, pay all the other expenses
concerning the use of the Premises, including renovation electricity fee, water fee, garbage clearing and transport costs, etc. 
 3) From the
delivery date (including the deemed delivery date), Party B shall observe the management rules established by Party A and perform Party B’s obligations hereunder. 

 2. Lease Term 
 1) It is agreed by Party A and Party B that the lease term of the Premises commences on July 15, 2011 and ends on July 14, 2013. 
 2) Upon expiry of the lease term, Party A shall have the right to repossess the Premises and Party B shall return the Premises on time. If Party B intends to renew the lease of the Premises, then Party B
shall submit an irrevocable written application for renewal to Party A three months prior to the expiration of the lease term. With Party A’s consent, both parties shall agree upon the lease conditions and enter into a new lease contract. If
Party B fails to submit an application beyond the said period or both parties fail to reach an agreement on the lease conditions within two months following Party B’s application, then it shall be deemed that Party B waives the right of first
refusal in respect of the Premises under the same conditions. 
 3. Rent-free Period 
 1) It is agreed by Party A and Party B that Party A will provide one month’s rent-free period in respect of Party B’s leasing of the Premises. The rent-free period shall commence on
July 15, 2011 and end on August 14, 2011. 
 2) Within the rent-free period, Party B is not required to pay the rent, but shall pay
the property management fee and all the other expenses mentioned in Sub-paragraph 3), Paragraph 1, Article 3. 
 Article 4 Rent, Method and
Term of Payment 
 1. It is agreed by Party A and Party B that the rent of the Premises is RMB4 per day per square meter (paid area). The
monthly rent totals RMB 52,195 (in words: RMB fifty-two thousand one hundred and ninety-five). 
 2. The rent of the Premises will remain
unchanged in the first and second years. From the third year, both parties may negotiate to adjust the rent. 
 3. After receiving the rent,
Party A shall issue an invoice to Party B. The company name indicated in the invoice shall be Party B’s name in this Contract. 
 4. The lease of the Premises shall be subject to the “use after payment” principle. As of the execution date of this Contract, Party B shall pay the rent for the first month, i.e. commence on
August 15, 2011 and end on September 14, 2011. Later on, Party B shall, before the 5th day of each month, pay Party A the rent for next lease month (e.g., before September 5, 2011, pay the rent for the month commencing on September 15, 2011 and ending on October 14, 2011;
the rest may be deduced by analogy) (the rents throughout the lease term are detailed in Schedule 3). In case of any delay in paying the rent, Party B shall pay the liquidated damages for delay being equal to 0.5% of the monthly rent per delayed
day. 

 5. Party B will pay the rent by bank transfer, check or cash 

Party A confirms: 
 Account holder: Shanghai
Digital Entertainment Industry Management Co., Ltd. 
 Bank name: West Jianguo Road Sub-branch, Shanghai Branch, ICBC 

Account number: 1001220709006941662 

Article 5 Deposit and Other Expenses 
 1)
Party A and Party B agree that as of the execution date hereof, Party B shall pay Party A the lease deposit, whose amount is three months’ rent and property management fee, i.e. RMB 175,890. 

2) After collecting the deposit, Party A shall issue a collection receipt to Party B. The company name indicated in the receipt shall be Party B’s
name in this Contract. 
 3) Within the valid term of this Contract, if Party B fails to make any payment (including, but not limited to, sums
payable by Party B hereunder, default interest, liquidated damages and indemnity payable to Party A for any breach by Party B and fees paid by Party A on behalf of Party B), Party A may deduct the actual amount from the deposit. Until then, Party B
shall, within ten days after the final payment date of this amount, pay the difference to Party A. If the difference is not paid on time, Party B shall pay liquidate damages for delay being equal to 0.5% of the deposit per delayed day. 

4) If the deposit cannot cover Party A’s losses, Party A may make further claim against Party B. Party A shall provide Party B with the
corresponding certificates in respect of all the losses claimed by Party A. 
 5) Upon expiry of the lease term or premature termination of this
Contract, the remaining portion, if any, of the deposit after Party B completes the industrial and commercial cancelation or change procedures with the Premises as the registered address or business address, Party A deducts from the deposit the
liquidated damages and other expenses payable by Party B pursuant to the provisions herein and Party B returns the Premises pursuant to the provisions herein, shall be refunded without interest to Party B within fifteen days. 

6) The property management fee of the Premises shall be charged at a rate of RMB 15 per month per square meter (paid area) as from the delivery date
or lease commencement date (whichever is the earlier) and may be adjusted according to Paragraph 8 of this Article 5. 
 7) From the
delivery date or lease commencement date (whichever is the earlier) of the Premises, Party B shall pay the property management fee for next month together with the rent. In case of any delay in making payment, Party B shall pay the liquidated
damages for delay being equal to 0.5% of the monthly management fee per delayed day. 
 8) Party A may reasonably adjust the property management
fee based on the actual expenditure per annum and subject to the policy requirements, Party B shall pay the adjusted expenses upon Party A’s 30 days prior written notice to Party B. 

 9) Within the valid term of this Contract, Party B shall pay Party A the utility fees
like water, power, lighting electricity, gas, telephone and the like concerning the Premises according to the payable sums as indicated in the reasonable certificates issued by government public utility units or Party A. Party B shall, before the
5th day of each month, pay the utility fees for the
previous month to Party A. In the meantime, Party B shall pay all the expenses incurred in connection with the use of the Premises, including, without limitation, temporary electricity fee, water fee and garbage clearing and transport costs.

 10) Throughout the valid term of this Contract, Party A shall have the right to use the deposit paid by Party B to pre-pay the utility fees
payable by party B or offset Party B’s utility fees in arrears. 
 Article 6 Renovation 

1. When Party B performs renovations or installs equipment within the Premises, Party B shall observe the following requirements: 

1) Party B must comply with the regulations of the government and Party A concerning design and renovations. When Party B renovates the Premises
(including, but not limited to, lighting, decoration, etc) or installs fire protection, mechanical & electrical, air-conditioning and other equipment, Party B must submit equipment drawings to Party A in advance as required by Party A and
carry out construction with Party A’s written consent. Party A shall not unreasonably withhold or delay its consent, but can put forth reasonable amendment advices. 
 2) If Party B puts forth additional requirements in respect of the relevant equipment of the Premises delivered due to needs, then Party B shall submit a written application to Party A on the delivery
date (including the deemed delivery date). The construction entity designated by Party A will carry out construction, with expenses to be agreed. 
 3) Party B shall carry out construction according to the drawings approved by Party A. If drawings need to be modified, Party B shall resubmit the drawings pursuant to the provisions under Sub-paragraph
1), Paragraph 1 of this Article. 
 4) Party B shall carry out the interior renovations, partitioning, reconstruction and equipment installation
within the Premises in accordance with Chinese laws and regulations. If Party A thus suffers from losses, Party B shall be held liable for compensation. Party A is not required to bear the delay and loss consequences arising because the government
withholds or delays its approval on renovations. If the government authority puts forth the rectification requirement, Party B shall timely modify its renovations according to such government requirement. If the users of neighboring houses are thus
affected, Party B shall repair the damages caused to the neighbors and bear all the expenses resulting therefrom, including the reasonable compensation to neighbors; Party A shall not bear any liability, unless Party A has any fault. If the
government authority puts forth the rectification requirement on the neighboring tenant of the Premises, Party B shall render necessary assistance at Party A’s request. If Party B thus suffers from losses, Party B shall negotiate with the user
of neighboring house; Party A shall not bear any liability, unless Party A has any fault. 

 5) When Party B performs interior renovations or installs equipment within the Premises, Party B shall adopt
high-quality and suitable styles so as to ensure that the indoor design level of the Premises reaches the overall high-quality design level. 

6) When Party B installs any lighting signboard, service mark, advertising, logo or publicity object visible outdoors inside the Premises, Party B shall
obtain Party A’s prior written consent. 
 2. If Party B installs or permits to be installed any equipment within the Premises, the water,
electricity or gas consumptions of such equipment shall be separately metered. (Refer to Schedule 2 hereto.) 
 3. Party B must cause its
employees, contractors and workers to fully cooperate with Party A and other contractors and workers. Party B shall ensure that contractors and workers will observe Party A’s regulations on constructions (including, but not limited to, obeying
Party A’s arrangements for construction management and construction time) so as to minimize the impact on the normal business operations of other tenants. 
 Article 7 Conditions of the Premises When Returned 
 1. Except with Party A’s consent
to Party B’s renewal of the lease, Party B shall return the Premises to Party A at the latest before 17:00 on the date of the expiry of the lease term or premature termination of this Contract. The Premises returned by Party B shall be in a
condition after normal use. When returned, the Premises shall be checked and accepted by Party A and both parties shall settle up the expenses payable by them respectively. 
 2. Party B agrees to, based on Party A’s requirement, hand over the renovations, fittings or installed equipment or appurtenances inside the Premises (excluding the movable equipment owned by Party
B) without any compensation to Party A in a good, rentable condition (other than normal wear). After handover, Party A becomes the owner of such articles. 
 3. Party B shall remove the movable articles within the Premises when the Premises are returned. If Party B fails to do so on the delivery date of the Premises, Party A shall have the right to deduct from
the lease deposit the expenses required for such removal. 
 Article 8 Subletting, Transfer and Exchange 

1. Throughout the lease term, Party B shall not sublet the Premises or any portion thereof for profit-making purpose to a third party other than Party
B’s affiliates and submit the subletting contract to Party A for the record. At Party B’s request, Party A shall be obliged to provide assistance. 

 Article 9 Right of Renewal 
 1. Throughout the term of this Contract, where Party B intends to renew the lease of the Premises upon expiry of the lease term, Party B shall give an irrevocable written notice to Party A three months
prior to the expiration of the lease term. If Party B has given a written notice, but does not renew the lease according to the written notice following the expiration of the original lease contract, Party B shall pay Party A the liquidated damages
being equal to twice the monthly rent plus property management fee. 
 2. If Party B has none of the following breaches, i.e. those as set forth
in Sub-paragraphs 1)-3) (regardless of whether such breaches are remedied) and Party B pays the rent and the expenses hereunder until the expiration of the lease term, Party A will prioritize the lease of the Premises to Party B under the same
conditions: 
 1) Party B has failed to pay the payable fees hereunder on time (including, but not limited to, rent, management fee, default
interest, etc) more than three times in total; 
 2) The business area, sanitary facilities and other environments of the Premises are
inconsistent with the general image and Party B fails to make improvement upon Party A’s written notice. This situation has occurred three times in total. 
 3) Party B breaches the provisions of this Contract to occupy the outdoor area or post any advertising on the outer wall of the Premises and Party B fails to make improvement upon Party A’s written
notice. This situation has occurred more than three times in total. 
 2. If Party B commits any breach during the period from the signing date
of the renewal contract until the commencement of the renewal term, Party A shall have the right to unilaterally terminate the renewal contract and lease the Premises again. 
 Article 10 Responsibilities of both Parties 
 1. Party A’s Responsibilities 

1) Party A warrants that it has obtained the lawful authorization of the original real estate right owner and has the lawful and effective right of use
and right of subletting over the Premises. Subject to Party B’s payment of the rent and other expenses pursuant to the provisions hereof, Party A shall ensure that Party B will quietly use the Premises and Party A supplied equipment throughout
the lease term. 
 2) If Party A and the original real estate right owner lose the lawful right over the Premises and as a result thereof, Party
B cannot continue to use the Premises, Party B shall have the right to stop paying the subsequent rent and Party A shall refund to Party B the corresponding sums after deducting the incurred rent, property fee and energy fees and pay the liquidated
damages being equal to three months’ rent. 
 3) Party A guarantees that the Premises can be used for any lawful purpose, including, but
not limited to, registration of domestically funded company, etc. If the real estate materials provided by Party A cannot be used for any lawful purpose, then Party B shall have the right to suspend paying the rent until the termination of this
Contract and demand Party A to pay the liquidated damages being equal to three months’ rent. Party A has the obligation to assist Party B in applying for the license. The methods of assistance include, but are not limited to, providing the
Premises with complete real estate materials free of charge to Party B to apply for the license. 

 4) Party A shall, within 5 working days following the execution of this Contract, submit the contract signed
by both parties to the original real estate right owner for the record and also submit the written document on such record to Party B. If Party A fails to perform the record procedures within 10 working days following the execution of this Contract,
Party B shall have the right to suspend paying the subsequent rent until the elimination of this situation. If Party A fails to do so for more than 30 days, Party B shall have the right to terminate this Contract and demand Party A to pay the
liquidated damages being equal to three months’ rent. 
 5) Party A shall pay the taxes payable by the owner of the Premises as specified
by laws and regulations to relevant government authority. 
 6) Party A shall deliver the Premises to Party B according to the standards on
Party A’s delivery as stated in Schedule 2 hereto. 
 7) Party A shall keep the principal structures of the Premises in a good condition.
Party A shall be responsible for the repairs of the Premises as may be necessary due to normal wear. 
 8) Within the lease term, to ensure that
the Premises are in a normally usable and safe condition, Party A may regularly inspect and maintain the Premises. Party B shall cooperate as to such inspection and maintenance. 
 9) Within the lease term, if Party B finds that the Premises are damaged or fail, Party B shall timely inform Party A to make repairs. 
 2. Party B’s Responsibilities 
 1) Party B must keep the interior renovations of the Premises
(including, but not limited to, partitions, etc) and appurtenances, whether owned by Party A or Party B (including, but not limited to, air-conditioning system, elevator and other mechanical & electrical facilities, fire device, gas device,
electric wires and water pipes) in a tidy and good condition. Within the lease term, Party B shall at its own expense carry out the frequent repairs, maintenances and whitewashing of the interior renovations and all appurtenances of the Premises.
Party B shall entrust the contractors designated by Party A to carry out the repairs concerning the elevator and other mechanical & electrical equipment as may be deemed necessary by Party A. 

2) For the purpose of public safety and other purposes, Party B shall permit Party A or its authorized representative to enter the Premises at reasonable
time to inspect the electrical wires, electric devices, fire equipment or gas equipment (if any) within the Premises. 

 3) After Party B receives from Party A or its authorized representative the notice specifically indicating
the repairs or works that shall be carried out by Party B under this Contract, Party B shall, within one month after the giving of such notice, carry out such repairs or works. Party B shall permit Party A and its authorized representative to enter
the Premises at reasonable time to inspect the state of repairs. 
 4) If Party B fails to carry out repairs or works as stated in the said
notice, thus endangering personal and property safety or damaging the image, Party A or its authorized representative shall have the right to enter the Premises to carry out repairs or works upon notice to Party B and Party B shall bear the expenses
incurred in connection with such repairs or works. 
 5) When the Premises suffer from major damages or fire alarm or major accident occurs to
the Premises or other facilities have major damages, Party B shall promptly notify Party A. 
 6) All the activities of Party B and its
employees and agents within the Premises shall comply with the laws, regulations and policies of the People’s Republic of China. The losses arising from the investigation and punishment by relevant government authority shall be solely borne by
Party B and unrelated to Party A. 
 7) Party B shall at its own costs take all reasonable steps and precautions to prevent mice, cockroaches or
other pests or parasites from breeding within the Premises. 
 8) Within a reasonable period of three months prior to the expiry or premature
termination of the lease term, Party B shall permit Party A to show the future tenant or user of the Premises around the construction and facilities of the Premises. 
 9) If relevant government authority investigates and punishes any structure, construction, partition and other reconstruction built by Party B within the Premises and violating regulations (regardless of
whether such construction, partition and other reconstruction is built by Party B with Party A’s consent or not), Party B shall solely bear the expenses of such dismantling works. 
 10) Party B shall undertake any activity adversely affecting Party A’s goodwill and reputation. 
 11) Without Party A’s prior written consent, Party B shall not install or permit to be installed within the Premises any machine, equipment or apparatus with a weight exceeding the bearing capacity
of any portion of the Premises. 
 12) Party B shall not destroy, damage or bedaub any decorative appearance of the public area and cause its
employees to comply with this provision. 
 13) Party B shall not do or permit to be done within the Premises any act interfering with the users
of other houses and neighboring property as well as other immoral acts. 
 14) Party B shall itself apply for all the approvals necessary for
its operations. Party A agrees to provide reasonable assistance, but does not guarantee the obtaining of approvals. 

 15) Without Party A’s prior consent, Party B shall not use any house, facilities and site other than
the Premises. Party B shall not pile or permit to be piled any goods, cartons or barriers at any entrance, stairs, platform, passage or other public area. 
 16) If Party B fails to take effective measures upon Party A’s written notice to Party B, Party A shall have the right to, by reasonable means, clear and dispose of the goods, cartons, garbage or
other barriers left within the public area without permission and all the reasonable expenses thus incurred shall be borne by Party B. Party B shall reimburse Party A for the reasonable expenses incurred by Party A in enforcing this provision.

 17) Party B shall load and unload goods without affecting the normal business activities of other tenants. The specific time is to be
arranged by Party A. 
 18) To maintain the image and improve the management level of management company, Party B agrees to observe the
management rules established by Party A from time to time. 
 19) Party A shall have the right to compile the unified marketing plans applicable
to all tenants, including, but not limited to, discount plan, tenant sponsorship plan, etc. Party B shall actively cooperate to implement the unified marketing plans applicable to tenants. 
 20) Without prejudice to Party B’s use of the Premises according to the provisions hereof, when Party A organizes the entire marketing and PR activities, Party B shall provide reasonable assistances.
Such assistances include, but are not limited to, permitting Party A to show guests around the Premises, permitting the media to make interviews, etc. 
 21) Within the lease term, Party B shall reasonably use and protect the Premises. Where the Premises and its ancillary facilities and equipment are damaged or fail due to any improper or unreasonable use,
Party B shall, within 5 days, make repairs and within 10 days, complete repairs. If Party B fails to make or complete repairs within the said period or refuses to make repairs, Party A can make repairs on Party B’s behalf, with the expenses to
be borne by Party B. 
 22) Party B shall provide the contact person in respect of the Premises. The temporary contact person is
Miss He. When Party A serves any document on such contact person, it shall be deemed that the document is served on Party B. If Party B’s contact person changes, Party B shall promptly notify Party A in writing. 

Article 11 Exclusions 
 1. Party A and
Party B hereby expressly agree that under any of the following circumstances, Party A is not required to make compensation or rent reduction or exemption or bear any other legal liability to Party B or any other person. Party B guarantees to exempt
Party A from its liability for the losses and damages thus sustained by Party B or any other person. 
 1) any and all consequences caused by
the smoke, flood and fire, the dysfunction or failure of mechanical & electrical systems and equipment or the leakage or supply interruption of water supply, drainage, gas and electricity resulting from force majeure or through no fault of
Party A. 

 2) any interference or inconvenience caused by the temporary restriction or modification of public passage
resulting from the repairs, reconstruction and renovation works outside the Premises. 
 2. If the water, electricity and gas supplies of the
Premises are interrupted by relevant water, electricity and gas authorities by reason of routine inspection, servicing or regional accident, Party A shall timely inform Party B without any liability. 

3. The furnishing by Party A of the security and management staff, any machinery and electronic anti-theft system (if any) to the Premises shall not
constitute Party A’s obligation to be liable for the safety and security of the Premises and the property therein. At any time, Party B shall be solely responsible for the Premises or the property therein. 

4. Considering the provisions of Paragraph 3 of Article 15 hereof, during the course of marketing activities, Party A shall not be liable for the impact
caused by such activities to Party B’s office work. 
 Article 12 Insurance 
 1. Party B shall at its own expense procure sufficient property and related insurances with a well reputed insurance company in respect of the renovations, equipment and properties of the Premises.

 2. At Party A’s request, Party B must provide the effective policies of such insurances as well as the receipts of the latest premium
payments. 
 3. Neither party shall do or permit to be done any act that invalidates the insurance policies. Neither party shall do any act that
results in the increase of the premiums of such insurances. 
 Article 13 Conditions for Termination of this Contract 

1. Party A and Party B agree that within the lease term, under any of the following circumstances, this Contract is terminated and neither party is liable
to the other: 
 1) The right to use the land within the occupancy scope of the Premises are taken back prematurely according to law;

 2) The Premises are confiscated according to law for public interests or city construction needs; 

3) The Leased Premises are damaged, lost or declared dilapidated; 
 4) Force majeure occurs. 

 2. Party A and Party B agree that under any of the following circumstances, either party may terminate this
Contract upon written notice to the other party. The breaching party shall pay the other party the liquidated damages being equal to three times monthly rent and property management fee. If the other party suffers from losses and the paid liquidated
damages cannot cover such losses, the breaching party shall compensate the difference between losses and liquidated damages: 
 1) Party A fails
to deliver the Premises on time and remains so within 15 days after Party B’s written notice; 
 2) Party B sublets the Premises, transfers
the leasing right of the Premises or exchanges the Premises for the house leased by other person without permission; 
 3) If the principal
structure of the Premises is damaged for Party B’s reason, the deposit will not be refunded; 
 4) If Party B fails to pay the rent and
other payable sums as specified herein on time and such failure lasts for more than 15 days, the deposit will not be refunded and Party B is not required to pay the liquidated damages. 
 Article 14 Defaulting Liabilities 
 1. If Party A loses the lawful right over the Premises
and as a result thereof, Party B cannot continue to use the Premises, Party A shall refund the deposit to Party B after deducting the incurred rent, property management fee and energy fees and pay the liquidated damages being equal to three
months’ rent. 
 2. If Party B cannot complete necessary industrial and commercial registration by using the Premises and its materials,
Party A shall stop charging the rent of the Premises and assist Party B in completing the registration within two months. If the registration procedures are still not completed beyond the said period and Party B terminates this Contract, Party A
shall pay Party B the liquidated damages being equal to three months’ rent. The unsuccessful registration for Party B’s reason is an exception. 
 3. If Party B still fails to perform the record procedures within 10 working days following the execution of this Contract, Party B shall have the right to suspend paying the subsequent rent until the
elimination of this situation. If Party A fails to do so for more than 30 days, Party B shall have the right to terminate this Contract and demand Party A to pay the liquidated damages being equal to three months’ rent. 

4. If the delivery of the Premises is delayed for Party A’s reason, Party A shall pay the liquidated damages being equal to 3 months’ rent. If
the delay in delivering the Premises lasts for 3 months, Party B shall have the right to terminate this Contract. 
 5. Within the lease term,
Party A guarantees that the Premises are in a normally usable and safe condition. If Party A delays repairs after receiving Party B’s notice on failure and as a result thereof, Party B cannot normally use the Premises for 30 days, Party A shall
pay the liquidated damages being equal to 3 months’ rent and Party B shall have the right to suspend paying the subsequent rent. 

 6. Party B is delinquent in paying the rent hereunder and remains so after Party A’s two written
notices pressing for payment. Regardless of whether Party B has paid the water, electricity and gas fees or property management fee of the Premises, without prejudice to Party A’s other rights, if Party B still does not pay the rent within 5
working days after receiving Party A’s written notice pressing for payment, Party A shall have the right to stop providing water, electricity, gas and other property management services to the Premises until Party B has paid up the fees in
arrears and overdue interest. If Party B’s business operations are thus affected, Party A shall not have any liability. In addition, Party B shall pay the rent, management fee and other expenses set forth hereunder for the period during which
Party A takes the measure in this Article. 
 7. Party B hereby expressly agrees and declares: at any time following the occurrence of the
following events, Party A has the right to lawfully and prematurely repossess the Premises and the equipment supplied by Party A, this Contract shall be terminated with immediate effect and Party B shall bear the following defaulting liabilities to
Party A: 
 1) Pay Party A the reduced and exempted rents for the lease period already used by Party B at the rent rate specified herein; pay
Party A the liquidated damages being equal to three months’ rent; 
 2) Pay Party A the liquidated damages being equal to the total rent
for the remaining lease term of Party B so as to cover Party A’s losses. Both parties shall take necessary measures to reduce losses. If Party A’s actual losses (including, but not limited to, litigation cost, lawyer cost, property
conservation cost, enforcement cost, etc) are reduced, the compensation to be paid by Party B shall be reduced accordingly. 
 Such events
include: 
 A. If Party B fails to pay the lease deposit on time without good reason for more than 30 days or fails to pay the rent and property
management fee on time without good reason for 15 days, the deposit cannot cover the delinquent payment and Party B still does not pay them up upon Party A’s notice pressing for payment. The provision in Item 1) hereof applies. 

B. Except as otherwise specified, Party B breaches this Contract and fails to remedy such breach within 15 days after Party A’s written notice.

 C. Party B becomes bankrupt or goes into liquidation proceedings. 
 8. Due to the breach by Party B of this Contract, when Party A gives Party B written notice stating that Party A will exercise the right hereunder to prematurely repossess the Premises, it shall be deemed
that Party A has fully exercised this right and Party A is not required to exercise this right by entering the Premises. 
 9. Upon expiry of
the lease term or premature termination of this Contract, if Party B fails to return the Premises on time, then Party B shall pay Party A the liquidated damages being equal to twice original daily rent per delayed day. If such failure exceeds 15
days, Party A shall have the right to enter the Premises and all the renovations, facilities and articles within the Premises will be retained or dismantled. Party A is not required to compensate Party B in respect of the residual value of
renovations, facilities and articles. 

 10. Within the lease term, except as otherwise specified herein, neither party shall cancel or terminate
this Contract without permission. If either party needs to prematurely terminate this Contract, it shall give the other party 3 months’ prior written notice and the non-breaching party shall pay the breaching party the liquidated damages being
equal to the three months’ rent and property management fee for the current lease year. 
 Article 15 Interpretations and Others

 1. Interpretations 
 1) As used
herein, the term “Lease Commencement Date” refers to the date as set forth herein. 
 2. Party A reserves the right to modify the
design, layout and facilities of any portion (other than the Premises). 
 3. Party A reserves the right to organize various kinds of promotion
activities inside and outside the Park. 
 4. Party A has the right to make directory boards and place them at any places (both indoors and
outdoors) outside the Premises. 
 5. This Contract applies to the laws of the place where the Premises are located. Any dispute as may arise in
connection with this Contract shall be resolved by both parties by consultation. If such consultation has failed, either party may file a lawsuit before the people’s court of competent jurisdiction in the place where the Premises are located.

 6. The schedules attached hereto are made an integral part of this Contract and have the same legal effect as this Contract. 

7. This Contract is executed in four counterparts, two ones for each party hereto. All the counterparts shall have the same legal effect. This Contract
shall enter into force immediately upon execution by Party A and Party B. The two copies shall have the same legal effect. 

 Schedule 1: Floor Plan of the Leased Location and the Premises (the leased location is marked with
black oblique lines for easy identification) 

 Schedule 2: List of Existing Renovations, Ancillary Facilities and Equipment 

I. Lobby (before elevator hall) 
 Ground: epoxy
resin 
 Wall surface: emulsion paint 

Top: white paint for steel structure surface 

II. Passage 
 Ground: same raw material for
cleaning & repair 
 Wall surface: emulsion paint 
 Top: emulsion paint 
 IV. Delivery Standard 

On AS IS basis (steel structure surface for 1# building, plain concrete for 6# & 4#) 
 V. Water, electricity, gas, communications and fire protection 
 1. Water: no W.C. available
within the Premises 
 2. Electricity: the electric capacity of the Premises is 30KW 
 3. Gas: no gas available within the Premises 
 4. Communications: telephone & broadband
connections to the floor of the Premises 
 5. Fire protection: fire spraying system is in a good condition 

 Schedule 3 Right of Renewal and Rent Adjustment 

 

	1.	Within the lease term of this Contract, Party A and Party B agree that the rent rate of the Premises is RMB4 per day per square meter (paid area) and no adjustment will
be made. 

 Schedule 4: Property Management Contents 
 The property management service will be charged at RMB15 per square meter (paid area). The property management fee is the fee charged by the property management company by performing routine maintenance,
repair and control services for the houses and equipment, public facilities, greening, sanitation, traffic, public security, environment appearance, etc within office area and providing other tenant-related services after accepting the entrustment
of the property user. 
 According to relevant regulations, the public service fees for office area include the following 8 fees: 

Salaries of management and service staff and the welfare expenses allotted according to regulations; 

Routine operation, repair and maintenance fees for public facilities and equipment; 
 Greening administration fee for public area; 
 Cleaning and sanitation fee for public area;

 Security fee; 
 Office fee of
property personnel; 
 Fixed asset depreciation expenses of property management company; 

Statutory taxes and fees. 
 For property
management rules, refer to user manual at http://www.x2space.com 
 Schedule 5: 

Shanghai Quan Toodou Network Science and Technology Co., Ltd. 
 Shanghai Licheng Cultural Media Co., Ltd. 
 Reshuffle Technology (Shanghai) Co., Ltd. 

 (No text in this page) 
 Party A: Shanghai Digital Entertainment Industry Management Co., Ltd. (seal) 
 [Seal:
Shanghai Difital Entertainment Insdustry Management Co., Ltd.] 
 Authorized representative: 

Date of signing: 
 Party B: Wohong Network
Technology (Shanghai) Co., Ltd. (seal) 
 [Seal: Wohong Netwoirk Technology (Shanghai) Co., Ltd.] 

Authorized representative: 
 Date of signing:
July 20, 2011 
 Place of signing:

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