Document:

Translation of Shenzhen Stock Exchange Proprietary Information License Agreement

 Exhibit 4.61 
 SHENZHEN STOCK EXCHANGE PROPRIETARY INFORMATION LICENSE AGREEMENT 
 No. SZ12ZD02-01

 Confidential treatment has been requested for portions of this exhibit. The copy filed herewith omits the information subject to the
confidentiality request. Omissions are designated as ***. A complete version of this exhibit has been filed separately with the Securities and Exchange Commission. 
 [Translated from the original Chinese version] 
 SHENZHEN STOCK EXCHANGE

 PROPRIETARY INFORMATION LICENSE 
 AGREEMENT 
 Agreement No.: SZ12ZD02-01 

License No.: SHENZHENGXU 12ZD02-01 

PARTY A: SHENZHEN SECURITIES INFORMATION CO., LTD. 
 ADDRESS: F6, BUILDING 10, SHANGBU INDUSTRIAL ZONE, WEST HONGLI ROAD, SHENZHEN 
 POSTAL CODE:
518028 
 NAME IN ENGLISH: SHENZHEN SECURITIES INFORMATION CO., LTD. 
 PARTY B: BEIJING FUHUA INNOVATION TECHNOLOGY DEVELOPMENT CO., LTD 
 ADDRESS: FLOOR 9, TOWER C,
CORPORATE SQUARE, NO. 35 FINANCIAL STREET, XICHENG DISTRICT, BEIJING, CHINA 
 POSTAL CODE: 100033 

NAME IN ENGLISH: 
 Date of
Contract: March 8, 2012 
 *** - indicates material omitted pursuant to a Confidential Treatment Request and filed separately with the
Securities and Exchange Commission 

 SHENZHEN STOCK EXCHANGE PROPRIETARY INFORMATION LICENSE AGREEMENT 

No. SZ12ZD02-01 
  

 Whereas: 
 Party A hereto is the authorized representative of Shenzhen Stock Exchange and has the sole authority to offer and manage the Information of Shenzhen Stock Exchange; to enter into relevant contracts and
agreements and charge fees accordingly on behalf of Shenzhen Stock Exchange and is responsible for the management work in connection therewith; and to protect the rights and interests of Shenzhen Stock Exchange from being impaired. 

Party B hereto is a legal company or organization willing to pay for the use of the Information of the Shenzhen Stock Exchange.

 Both parties wish to enter into this Agreement. The Licensor hereto is Party A, and the Licensee hereto is Party B.

 1. DEFINITIONS 
 1.1
“Agreement” means this agreement, all appendices attached hereto, and supplementary written documents agreed upon by both parties hereto. 
 1.2 “Information / Proprietary Information” means transaction information and other relevant information produced from trading, which has been edited and gathered by the Shenzhen Stock Exchange.
However, in this Agreement, it means the real-time quotations of the Shenzhen Stock Exchange, hereinafter referred to as the “Quotations.” The contents of the Quotations include: securities codes, abbreviations of the securities, closing
prices on the previous trading day, last traded prices, current day highest traded prices, current day lowest traded prices, current day aggregate trading volumes, current day aggregate traded amounts, five highest declared prices for purchase and
the quantity thereof in real-time, and the five lowest declared prices for sale and the quantity thereof in real time, etc. 
 1.3 “Allowed
Uses” means uses of the Quotations licensed to Party B as specified in Appendix I. 
 1.4 “Scope of Dissemination” means the
geographical scope of the Quotations licensed to Party B as specified in Appendix I. 
 1.5 “Ways of Dissemination” means ways of
dissemination of the Quotations by Party B to end users as specified in Appendix I. 
 1.6 “Users’ Receiving Terminal” means the
terminal equipment used by end users of Party B to receive the Quotations from Party B as specified in Appendix I. 
 1.7 “Information
Fee” means the expenses paid by Party B to Party A in accordance with Article 4.1 herein. 
 1.8 “SSE” means the “Shenzhen
Stock Exchange.” 
 1.9 “License” means the written license granted by Party A to Party B to manage the Proprietary Information
of SSE in accordance with this Agreement. 
 1.10 “Off-Exchange Trading” means trading outside of SSE and trading of securities not
listed on SSE. 
 1.11 “Illegal Operation Unit” means those units or individuals that failed to obtain a Shenzhen Stock Exchange
Proprietary Information license agreement with Shenzhen Securities Information Co., Ltd, and obtained a Shenzhen Stock Exchange Proprietary Information license certificate. 

  
 *** - indicates material
omitted pursuant to a Confidential Treatment Request and filed separately with the Securities and Exchange Commission 

 SHENZHEN STOCK EXCHANGE PROPRIETARY INFORMATION LICENSE AGREEMENT 

No. SZ12ZD02-01 
  

 2. RECEIVING OF INFORMATION 
 2.1 Party A is entitled to change the method of the transmission of Information as necessary, but shall notify Party B in writing one month prior to doing so. 

2.2 Party A shall endeavor to maintain uninterrupted transmission of Information during SSE trading time. If Party B has technical problems with
receiving the Information, it shall contact Party A on a timely basis. Party A shall assist in solving the problems to allow Party B to receive continuous Information smoothly. 
 3. DISSEMINATION OF INFORMATION AND REGULATION 
 3.1 Party A hereby agrees to permit Party B to
disseminate the Quotations to users by the methods specified in Appendix I. Party B is only entitled to the right of disseminating and announcing the Quotations within the scope stated in this Agreement. Such right is not proprietary or exclusive.

 3.2 Party B shall warrant the following when disseminating the Information to any users: 

(1) it bears the liability and the obligation to warrant the accuracy and completeness of the Information disseminated; 

(2) it bears the obligations to warrant that all of its users are end users. In the event written approval is not obtained from Party A,
it shall prevent its users from providing the Information of Party A to any third party for re-dissemination in any manner or by any method, and shall have the obligation to assist Party A in monitoring this; 

(3) it shall disseminate the Quotations in accordance with the scope, methods, and Users’ Receiving Terminal stated herein;

 (4) all or any part of the Information shall not be used by any other entity, organization or individual, or in any other
place or method except those stated herein; and 
 (5) neither the Information nor any part thereof shall be used for illegal
purposes, or provided to a third party for illegal purposes. 
 3.3 Without written approval from Party A, Party B shall not use the Information
or any part of the Information of Party A to establish, maintain, offer or assist Off-Exchange Trading directly or indirectly. 
 3.4 Party B
shall not provide the Quotations directly or indirectly to organizations or individuals for business operation, and shall not in any way cooperate with others to provide market quotation information (including but not limited to website links,
provision of quotation codes, website nesting, software interface, etc.). 
 3.5 If Party B violates the restrictions on cooperating with
clients, or has links to Illegal Operation Units of Party B without permission, Party B must make a public, written announcement of its cessation of Quotation dissemination, and to cooperate with Party A to regulate the dissemination of Quotation
Information in the market. 
 3.6 In accordance with Article 10 of Shenzhen Stock Exchange Information Management Temporary Measures, within the
term of this Agreement, Party B is entitled to, within its legal Scope of Dissemination, supervise and report any Illegal Operation Unit that disseminates Party A’s Proprietary Information, and maintain orderly dissemination of Party A’s
Proprietary Information. 
 3.7 Both parties shall avoid and eliminate those negative results of information such as omission, mistakes, loss,
delay, intermission etc, caused by incidental reasons, to protect both parties from economic losses and credit losses. 

  
 *** - indicates material
omitted pursuant to a Confidential Treatment Request and filed separately with the Securities and Exchange Commission 

 SHENZHEN STOCK EXCHANGE PROPRIETARY INFORMATION LICENSE AGREEMENT 

No. SZ12ZD02-01 
  

 3.8 When both parties are unable to warrant the accuracy and completeness of the Information due to
force majeure, incidental events, or changes of policies and other conditions, neither Party A nor Party B will bear any liability. 
 4.
REPRESENTATIONS AND WARRANTIES 
 4.1 Party A is an independent legal person incorporated and registered in accordance with relevant laws of
People’s Republic of China, and owns legal rights to conclude the Agreement and perform obligations hereunder. Party A warrants that it owns and will continue to own all the rights to obtain and transfer market Information, and authorizes Party
B to disseminate the market Information to its end users. 
 4.2 Party B is an independent legal person incorporated and registered in
accordance with relevant laws of People’s Republic of China, and owns and will continue to own all legal rights to be authorized to conclude the Agreement and perform obligations hereunder. 

4.3 Each party hereby represents and warrants respectively to the other party that their respective representative chosen to execute the Agreement has
been authorized; all necessary procedures have been carried out by both parties as to the approval of execution and exercise of the Agreement and as to any other agreements in accordance with the Agreement. 

5. INFORMATION FEE 
 5.1 Party B shall, within
the term of this Agreement, pay to Party A all expenses in accordance with Appendix I hereto and other expenses stated herein. 
 5.2 If this
Agreement is terminated by Party B’s, Party B shall not be refunded the paid expenses stated in Appendix I. 
 5.3 During the term of this
Agreement, if the Proprietary Information system provided by Party A is updated or adjusted, and a corresponding Proprietary Information license fee is adjusted accordingly, Party B shall enter a new agreement in accordance with the new regulations,
and pay for the Information Fee accordingly. The Information Fee shall be calculated on a monthly basis according to the different time periods of each version of the Quotations. Periods of less than one month shall be calculated as one month. Any
balance of the Information Fee at the expiration of this Agreement shall be, at Party B’s discretion, transferred to the next agreement year or returned to Party B within 10 working days after the termination of the Agreement. 

6. DISCLAIMERS 
 6.1 SSE and Party A bear no
liability for any losses and impairs resulted from inaccuracy or omission of the Information disseminated; and bear no liability for any Information interruption caused by abnormal circumstances, but are obliged to make timely and active efforts to
return the Information dissemination back to normal. 
 6.2 Party B shall avoid and eliminate those negative factors of Information such as
omissions, mistakes, loss, delay, intermission, etc., which may have adverse effects on Party A and SSE, and protect Party A and SSE from economic losses and credit losses. Party B shall not claim compensation against Party A or SSE in connection
with this Agreement. Neither Party A nor SSE shall bear any liability for any losses of Party B and its users, caused by the aforesaid conditions. 
 6.3 When both parties fail to warrant the accuracy and completeness of the Information due to force majeure, neither Party A nor Party B shall bear any liability. 

  
 *** - indicates material
omitted pursuant to a Confidential Treatment Request and filed separately with the Securities and Exchange Commission 

 SHENZHEN STOCK EXCHANGE PROPRIETARY INFORMATION LICENSE AGREEMENT 

No. SZ12ZD02-01 
  

 7. RIGHTS AND PROTECTION 
 7.1 Party B acknowledges it has no rights of literary property (copyright) and other property rights with respect to the quotation Information specified in this Agreement. In accordance with the
Securities Laws of People’s Republic of China, Measures for the Administration of Stock Exchanges, the Trading Rules of Shenzhen and Shanghai Stock Exchanges and other regulations, all the rights under the quotation Information specified herein
(including but not limited to intellectual property rights, other property rights and their supervision rights, etc.) are possessed by SSE, and authorized to Party A to exercise in practice. 
 Except for the uses and scope as specified herein, without the approval of Party A, Party B shall not transfer (including providing website links), redistribute, copy, sell, lease or loan the Information
to any third party, or affect changes, additions, expansions, deletions, destruction or make any other changes to the Information. 
 As to
various uses, without approval of Party A, Party B and its users or distributors shall not make samples of the quotation Information specified herein, create an index or other derivatives, nor transmit such material to any other third party.

 If Party B and its clients violate the aforesaid regulations, Party A is entitled to require Party B and its clients to make corrections
within a limited term, or require Party B to cease to disseminate quotation Information to such clients. If Party B and its clients fail to make corrections or meet the requirements within the term, Party A is entitled to cancel the Agreement and
seek legal redress accordingly. 
 7.2 Party B is entitled to make public statements regarding obtaining the license certificate for Party
A’s Information during the term of the Agreement. However: 
 (1) The license certificate No. shall be noted in the
advertisements or in the public statements, and the content of the advertisements and public statements shall conform to the license certificate; 
 (2) The names and logos (texts, patterns, or marks, etc.) of SSE and Party A shall not be used in advertisements and public statements. 
 7.3 If Party B discovers that any actions of its users are infringing upon Party A’s interests, it shall inform Party A immediately, and is obliged to provide the basic material of such clients, such
as addresses, etc. on a timely basis. Upon receiving written notice from Party A, Party B shall investigate or assist Party A in investigating the infringing actions of such users. 
 7.4 If Party A discovers users of Party B infringing Party A’s interests, Party B shall, upon receiving written notices from Party A, immediately terminate providing Information to such users, and
provide a written report as to how it dealt with regulating the violations of such users. 
 7.5 This Section will survive the termination of
remaining parts herein. 
 8. LIABILITY OF BREACH OF AGREEMENT 
 8.1 If Party B breaches Article 3 herein, it shall immediately cease the breach and transfer to Party A the earnings from such breach, and make a payment of *** to Party A as a fine. Party A has the right
to terminate the Agreement. 
 8.2 If Party B breaches Article 7.1 herein, it shall immediately cease the breach, pay *** to Party A as a fine,
and make a public apology in the newspaper. Party A has the right to terminate the Agreement. 
 8.3 If Party B breaches Article 5 herein, and
fails to pay the relevant fees to Party A within the time limit, Party B shall, in addition to making up the amount in breach, pay an overdue fine of 0.3% of the amount in breach per day; if Party B fails to make the payment two months after the
time limit, Party A has the right to terminate the Agreement, and seek compensation for economic losses of Party A from Party B. 

  
 *** - indicates material
omitted pursuant to a Confidential Treatment Request and filed separately with the Securities and Exchange Commission 

 SHENZHEN STOCK EXCHANGE PROPRIETARY INFORMATION LICENSE AGREEMENT 

No. SZ12ZD02-01 
  

 9. MODIFICATION, TRANSFER AND TERMINATION 
 9.1 Any provisions herein shall only be amended and modified with written approval of both parties. 
 9.2 Without written approval of Party A, Party B shall not transfer all or any part of the rights it enjoys and all or any part of the obligations it bears hereunder. 

9.3 Party A is entitled to provide a written notice (and cease to provide Information to Party B shortly after) of termination of the Agreement in the
event that: 
 (1) Party B is bankrupt and fails to pay for the debt; 

(2) Party B breaches relevant articles herein and causes irreparable results; 

(3) Party B breaches relevant articles herein and fails to make corrections within five working days after receiving a written notice
from Party A to require Party B to correct such breaches. 
 9.4 Both parties are entitled to terminate the Agreement without representing any
reasons, providing that it shall make a prior written notice to the other party six months in advance. 
 9.5 Upon the termination of the
Agreement, Party A has the absolute right to terminate the transmission of Information at once, and all the fees due shall be paid to Party A promptly. 
 9.6 Upon the termination of the Agreement, each party shall return the relevant equipment provided by the other party in good, working condition. 
 9.7 Upon the termination of the Agreement, the license certificate shall become invalid. Party B shall return the certificate to Party A within ten working days. 

10. SETTLEMENT OF DISPUTE 
 If
any dispute arises from the performance of the Agreement, both parties may make a settlement through friendly consultation or submit the dispute to a court. Both parties agree the place for litigation shall be Shenzhen, China. 

11. NOTIFICATION 
 11.1 Any notices or other
correspondences needed to be sent by one party to the other party, shall be served to the following addresses: 
 Party A:
Shenzhen Securities Information Co., Ltd 
 Respondent: Dan Zhou 

Address: F6, Building 203, West Hongli Road, Fukuta District, Shenzhen, China 

Tel: 86-755-83234584 
 Fax: 86-755-83201393 
 Party B: Beijing Fuhua Innovation Technology Development
Co., Ltd. 
 Receipt: Linna Dai 
 Address: Floor 9, Tower C, Corporate Square, No.35 Financial Street, Xicheng District, Beijing 100033, China 
 Tel: 86-10-58325327 
 Fax: 86-10-58325300 

  
 *** - indicates material
omitted pursuant to a Confidential Treatment Request and filed separately with the Securities and Exchange Commission 

 SHENZHEN STOCK EXCHANGE PROPRIETARY INFORMATION LICENSE AGREEMENT 

No. SZ12ZD02-01 
  

 11.2 If either party has to change any of aforesaid contact Information, it shall inform the other party
of the new contact Information 7 days before making changes. 
 11.3 Notices or documents will be deemed to have been served effectively on the
following dates: 
 (1) if delivered by hand, on the first working day after delivery; 

(2) if delivered by post, the seventh working day after the notices or documents are given to post office (as indicated by post marks);

 (3) if delivered by e-mail, or fax, the first working day after sending or transmission. 

12. ENTIRE AGREEMENT 
 12.1 The effectiveness of
the Agreement means that the parties hereto agree to the provisions hereof and shall supersede all previous written or oral agreements, consultations, representations, plans and appendices agreed between both parties. 

12.2 If any provision contained in the Agreement is deemed invalid, illegal or unenforceable under any applicable laws, the validity, illegality and
enforceability of remaining provisions shall not be affected or impaired, and the invalid, illegal and unenforceable provisions may be deemed as ineffective as to the interpretation of the Agreement. 

13. WAIVER 
 Failure or delay of exercising any
rights and interests hereunder by either party hereto shall not be construed as a waiver of such rights and interests, unless such party makes a written statement to waive such rights and interests. One time or partial exercise of such rights by one
party shall not preclude further exercise of such rights or interests by such party, nor shall preclude exercise of other rights and interests by such party. 
 14. MISCELLANEOUS 
 14.1 Matters not covered in this Agreement shall be dealt with in a
supplementary agreement executed by both parties. The supplementary agreement shall have the same legal force as this Agreement. 
 14.2 There
is one appendix hereto. 
 14.3 The term of this Agreement is specified in Appendix I. 
 14.4 The Agreement is executed in Chinese, and shall be effective on the date when signed and stamped by both parties. 
 14.5 The Agreement is executed in duplicate. Each party hereto shall hold one copy, and are equally authentic. 

  
 *** - indicates material
omitted pursuant to a Confidential Treatment Request and filed separately with the Securities and Exchange Commission 

 SHENZHEN STOCK EXCHANGE PROPRIETARY INFORMATION LICENSE AGREEMENT 

No. SZ12ZD02-01 
  

 (Signature page, no text) 
 Party A: Shenzhen Securities Information Co., Ltd   SEAL: /s/company seal 
 Address: F6,
Building 10, West Hongli Road, Fukuta District, Shenzhen 
  

			
	Tel: 86-755-83234584	  	Representative to sign:
		
	Fax: 86-755-83201393	  	Date:

 Bank of deposit and account No.: Shangbu Branch of Merchants Bank 

813588311610001 
 Party B: Beijing Fuhua
Innovation Technology Development Co., Ltd.         SEAL: /s/company seal 
 Address: Floor 9, Tower C,
Corporate Square, No. 35 Financial Street, 
 Xicheng District, Beijing 100033, China 

 

			
	Tel: 86-10-58325327	  	Representative to sign:
		
	Fax: 86-10-58325300	  	Date:

  

  
 *** - indicates material
omitted pursuant to a Confidential Treatment Request and filed separately with the Securities and Exchange Commission 

 SHENZHEN STOCK EXCHANGE PROPRIETARY INFORMATION LICENSE AGREEMENT 

No. SZ12ZD02-01 
  

 Appendix I 
 USE OF INFORMATION AND FEE 
 Agreement No.: SZ12ZD02-01 

License No.: SHENZHENGXU 12ZD02-01 

I. USE OF INFORMATION 
 1.
Content: real time quotations of Shenzhen Stock Exchange 
 2. Allowed Uses: only limited to dissemination through
www.jrj.com.cn, www.jrj.com, www.jrj.cn 
 3. Ways of Dissemination: Internet 

4. Users’ Receiving Terminal: Computer 
 II. TERM OF THE AGREEMENT IS FROM APRIL 1, 2012 TO MARCH 31, 2013. 
 III. PAYMENT OF INFORMATION
FEE 
 1. The license fee for the Proprietary Information shall be ***. Party B shall pay the license fee for the first year
within ten working days after the execution of the Agreement. Party A shall issue an invoice to Party B within ten working days after receiving such payment, and grant Party B the Shenzhen Stock Exchange Proprietary Information License Certificate
for the year. From the second year on, Party B shall pay the license fee within the first five working days of such contractual year. 
 2. Party B chooses the way of satellite to receive information. Satellite running fee shall be ***. 
 3. This contract shall take effect as of April 1, 2012. Any party intending to terminate this contract should notify the other party in writing six months before the expiry of each contractual
year, otherwise, this contract shall be automatically extended. 
  

			
	Party A: Shenzhen Securities Information Co., Ltd    SEAL: /s/company seal
	Address: F6, Building 10, West Hongli Road, Fukuta District, Shenzhen
	Tel: 86-755-83234584	  	Representative to sign:
	Fax: 86-755-83201393	  	Date:
	Bank of deposit and account No.: Shangbu Branch of Merchants Bank
	813588311610001	  	

  

			
	Party B: Beijing Fuhua Innovation Technology Development Co., Ltd.        SEAL: /s/company seal
	Address: Floor 9, Tower C, Corporate Square, No. 35 Financial Street, Xicheng District, Beijing 100033, China
	Tel: 86-10-58325327	  	Representative to sign:
	Fax: 86-10-58325300	  	Date:

  
 *** - indicates material
omitted pursuant to a Confidential Treatment Request and filed separately with the Securities and Exchange CommissionTranslation of Securities Information License Contract dated December 26, 2011

 Exhibit 4.62 
 Confidential treatment has been requested for portions of this exhibit. The copy filed herewith omits the information subject to the confidentiality request. Omissions are designated as ***. A complete
version of this exhibit has been filed separately with the Securities and Exchange Commission. 
 [Translated from the
original Chinese version] 
 SECURITIES INFORMATION LICENSE CONTRACT 

Contract No:L12006028 
 Party A:
Shanghai Stock Exchange Infonet Ltd. 
 Address: 528 Pudong South Road, Shanghai 
 Party B: Beijing Fuhua Innovation Technology Development Co., Ltd. 
 Address: 9/F., Tower C,
Corporate Square, No.35 Financial Street, Xicheng District, Beijing 
 Whereas: 
 Party A is an agency authorized by Shanghai Stock Exchange (“SSE”) to exclusively and solely operate securities information of SSE; Party B is an information operator who desires to use/operate
securities information of SSE for a fee. 
 Upon friendly negotiation, Party A and Party B agree upon Party A’s grant to Party B a license
to operate securities information of SSE and enter into this Contract with respect thereto. 
 SECTION 1 DEFINITION OF RELEVANT TERMS USED IN
THIS CONTRACT 
 1 “SSE” means Shanghai Stock Exchange. 
 2 “SSE Securities Information” means all securities information generated from Shanghai Securities Exchange, including, but not limited to, quotes, index information, statistical information and
other market-related information. 
 3 “Shanghai Stock Exchange Securities Information Operation License” (“License”) means
a certificate issued by Party A to Party B, whereby Party B is permitted to use SSE Securities Information within a specific scope and term and in a specific manner. 
 4 “End Users” means end users who access and use SSE Securities Information operated and transmitted by Party B as permitted by Party A. 

  
 *** - indicates material
omitted pursuant to a Confidential Treatment Request and filed separately with the Securities and Exchange Commission 

 5 “Royalty” means, a license fee charged to Party B by Party A for Party B’s use of
information as permitted by Party A within the scope authorized by SSE. 
 6 “User Information Fee” means an information usage fee
charged to Party B by Party A based on Party B’s use of SSE Securities Information. 
 SECTION 2 ACCESS TO INFORMATION 

1 Party A shall access SSE Securities Information in such a manner as confirmed in writing by Party A (as set forth in the appendixes). 

2 Party B shall promptly contact Party A in case of any technical difficulties it may encounter in the course of information access. Party A shall use
its best endeavors to solve such difficulties to offer Party B normal access to SSE Securities Information. 
 3 Party A shall have the right to
change the way of transmission, provided that a one-month prior written notice shall be given to Party B. 
 4 If the transmission and access
relationship between the parties is terminated for whatsoever reasons, either of the parties shall return relevant equipment provided to it by the other in a complete and good state. 
 SECTION 3 USE AND DISSEMINATION OF INFORMATION 
 1 SSE’s information product used by Party B
under Party A’s permission is a non-exclusive right of operation and use. Party A agrees that Party B may transmit the SSE Securities Information to Party B’s End Users in such a manner and within such a scope as set forth in Appendix 1
hereof (Shanghai Stock Exchange Securities Information Operation License). 
 2 Party A will issue the License to Party B upon its
acknowledgement of the payment of relevant fees by Party B in accordance with Section 4 hereof. 
 3 Party B shall be subject to the
following provisions: 
 (1) To ensure its use/operation of SSE Securities Information within such valid term as set forth in
Appendix 1 (Shanghai Stock Exchange Securities Information Operation License) and within such scope, in such manner and by such access terminal as set forth in Appendix 1 hereof. The License will be invalid when it expires or is revoked in
accordance with terms hereof by Party A. 
 (2) Not to transmit all or part of SSE Securities Information to any entity and
individual, at any place or for any purpose other than that set forth in the License without Party A’s consent. 

  
 *** - indicates material
omitted pursuant to a Confidential Treatment Request and filed separately with the Securities and Exchange Commission 

 (3) Not to transmit all or part of SSE Securities Information for any illegal purpose or
provide SSE Securities Information to a third party for illegal purpose. 
 (4) Not to sub-license (or disguised sub-license) or
transfer the License; not to trade the License Certificate, etc; not to engage joint-operation on or share the SSE Securities Information with third parties without Party A’s written approval. 

(5) To completely, accurately and promptly transmit SSE Securities Information and to take immediate remedial measures and promptly give
Party A oral and written notices in case of any omission, error or delay. 
 (6) For whatsoever reasons the transmission of SSE
Securities Information from Party A to Party B is suspended, unless otherwise specified in the Agreement, or Party A is not able to continue the transmission, Party A shall take active measures to resume the transmission and Party B shall assist in
resuming the transmission while Party B is responsible for making explanation to Party B’s customers and dealing with all the aftermath. 
 (7) For whatsoever reasons the transmission of SSE Securities Information from Party A to Party B is suspended, Party B shall also stop the transmission to customers from the day the License is revoked.
Party B should make explanation to users and be responsible for issues arising from transmission termination. 
 SECTION 4 FEES 

Party B agrees to pay Party A relevant fees in accordance with Payment of Fees attached to Appendix 2 hereof, including, but not limited to, Royalty and
User Information Fee. 
 SECTION 5 INTELLECTUAL PROPERTY RIGHT OF SECURITIES INFORMATION AND ITS PROTECTION 

1 All rights in and to SSE Securities Information defined in this Contract and the License shall be owned by SSE; subject to SSE’s exclusive and sole
permission, any institution or individual may not permanently store or use (including, but not limited to reproduce, disseminate, compile, transfer or permit others to use or develop derivative products from) SSE Securities Information without Party
A’s written consent. 
 2 Party B shall indicate in the displaying interface of its users’ access terminal the name, number and valid
term of the License issued to it. 

  
 *** - indicates material
omitted pursuant to a Confidential Treatment Request and filed separately with the Securities and Exchange Commission 

 3 Party B may declare its obtaining of the License, provided that, in its advertisement and publication, it
shall: 
 (1) indicate the number, valid term and permitted scope with respect to the SSE Securities Information Operation
License issued to it. 
 (2) not use the name (include abbreviation) or logo (character, pattern or symbol) of SSE or Party A
without Party A’s written consent. 
 (3) not continue to allege SSE or Party A as its sources of information or continue to
indicate its original information operation license number in its users’ interface if the term of the License expires. 
 4 Party B agrees
to accept Party A’s supervision and management of relevant business and cooperate with Party A therefor: 
 (1) Party B
shall properly keep its original information about users and fees charged for three years and ensure the completeness and accuracy of such information. 
 (2) Party B shall accept regular or irregular examination from Party A or a third party appointed by Party A on its service revenue, users’ management system and others with respect to the operation
of SSE Securities Information business. If Party B is found breaching the contract, Party A has right not only to require Party B to correct within a prescribed time limit and be liable for breach the contract, but also require Party B to cover any
reasonable cost arising from the examination. 
 5 Party B shall set forth the following issues in its contract with end customers: 

(1) Customers shall access and use SSE Securities Information as End Users and ensure not to transmit all or part of SSE Securities
Information to other institution or individual. Customers shall guarantee not to use part or all of the SSE Securities Information for any illegal purposes or provide to any third party for any illegal purposes. 

(2) Party B shall transmit SSE Securities Information to customers only at such service time as within the term permitted by Party A. And
for any reason Party A suspends the transmission of SSE Securities Information to Party B, Party B shall also stop the transmission to customers from the day the License is revoked. 
 6 Party B undertakes that: 
 (1) all of its users are End Users, except as
specifically permitted by Party A in writing. 
 (2) it shall be responsible for supervising over its users that no SSE
Securities Information is further disseminated without permission. 

  
 *** - indicates material
omitted pursuant to a Confidential Treatment Request and filed separately with the Securities and Exchange Commission 

 (3) it shall promptly give Party A oral and written notices if it discovers any infringement
of the rights and interests in and to SSE Securities Information by its users and is obligated to promptly provide address and other basic information about such user of which it is aware. 

(4) Party B shall be responsible for assisting Party A in dealing with any of its users’ act which is an infringement of the rights
and interests in and to SSE Securities Information, including, but not limited to, to cooperate with Party A in investigation such infringement upon receipt of a written notice from Party A, to cease to provide such user with SSE Securities
Information, to issue to Party A a written report as to how the user is dealt with, to cooperate with Party A in claiming economic losses against such user arising from such infringement. 
 SECTION 6 DISCLAIMER 
 1 Party B agrees that neither SSE nor Party A will be liable for any
consequences resulting from abnormal information or abnormal information transmission caused by whatsoever reasons. 
 2 Party B undertakes that
it will at all times avoid and eliminate adverse effect which may bring to SSE and Party A as a result of any omission, inaccuracy, loss, delay or suspension of SSE Securities Information and hold SSE and Party A harmless from economic or reputation
losses and it will not, by virtue of this Contract, claim against SSE or Party A due to the above reasons. 
 3 Party A and Shanghai Stock
Exchange shall not be responsible for Party B or Party B’s customers’ risks of making investment decisions by using the securities information provided by Party A as reference. 
 4 Party A suspends the transmission of SSE Securities Information to Party B due to Force Majeure, Party A shall not be liable for any obligation of default. 

5 Party A and Shanghai Stock Exchange shall not guarantee the timeliness, accuracy and completeness of the information they provided and shall not be
liable for any damage or loss arising from the information delay, inaccuracy and incompleteness . 
 SECTION 7 LIABILITY FOR BREACH OF CONTRACT

 1 Party A shall have the right to terminate this Contract and Party B shall be solely liable for all consequences arising therefrom if Party B
is in breach of this Contract and has not rectified the same within a period set forth in a written rectification notice of Party A. 
 2 If
Party B is in violation of Section 3.3(1), 3.3(2), 33(3) or 3.3(4)hereof, it agrees to transfer all proceeds from such violation and pay liquidated damages (equal to twice the sum of Royalty and usage fee specified in Exhibit A attached to
Appendix 1 hereof) to Party A, promptly take effective measures and cease the continuance of such violation. 

  
 *** - indicates material
omitted pursuant to a Confidential Treatment Request and filed separately with the Securities and Exchange Commission 

 3 If Party B is overdue in paying relevant fees to Party A, it shall pay liquidated damages to Party A at a
rate of 3‰ (calculated from the payment day). If relevant fees are still unpaid after Party A’s reminder or the grace period, Party A shall have the right to revoke the License and Party B shall pay liquidated damages equal to 50% of the
total fees stipulated in “Exhibit A of Appendix I” to Party A. 
 4 If Party B is in violation of Section 5 hereof, it shall
compensate Party A of liquidated damages. The liquidated damages shall be paid in an amount of double of the sum of royalty fee and usage fee as stipulated in Appendix 2. 
 5 Besides of the above said liabilities of breach of contract , if Party B is in violation of other clauses in the Contract, it shall compensate Party A’s losses arising therefrom. 

6 The termination of the contract shall not affect the liability for the breach of contract. 
 SECTION 8 VALIDITY, AMENDMENT AND TERMINATION OF CONTRACT 
 1 This Contract shall take effect after
it is signed and stamped seals by the legal representatives or their authorized representatives of the parties and continue to be valid until December 31, 2012. 
 2 Any provision of this Contract may be amended only if it is agreed in writing by each of the parties. Any written document acknowledging relevant amendment shall be an integral part of this Contract. In
case of a material amendment, a new License shall be issued. 
 3 Party B may apply to Party A in writing for renewal or re-issuance of the
License 30 business days before the expiration of the valid term of the License. Both Parties agree that the License shall be automatically renewed for a grace period if renewal procedures are not completed at the day of expiration and neither Party
explicitly require not to renew the License. The grace period should theoretically not exceed two months, starting from the day of expiration to the day of formal renewal or the day when both Parties explicitly require not to renew the License. The
License will be valid during grace period and both Parties should endeavor to complete renewal as early as possible. If the License is formally renewed, both Parties’ rights and obligations during the grace period should be in accordance with
the renewed contract ; if the License is not renewed, both Parties’ rights and obligations during the grace period should be in accordance with the contract hereof. 
 4 Any one of the following circumstances occurs, the License is terminated: 
 (1)
Party B is bankrupt or is applied for bankruptcy; 
 (2) Party B is in violation of Section 3.3(1), 3.3(2), 3.3(3) or 5
hereof, which causes irretrievable consequences or which is not rectified within required period after Party B receives a written notice from Party A requiring rectification of the same. 

  
 *** - indicates material
omitted pursuant to a Confidential Treatment Request and filed separately with the Securities and Exchange Commission 

 (3) Any party cannot perform according to the Contract due to Force Majeure. Force Majeure
refers to the situations that are not foreseeable, avoidable or able to overcome by any party when signing this Contract include natural disasters, changes and adjustments of national laws, regulations and department regulations of China Securities
Regulatory Commission, changes and adjustments of business rules of Shanghai Stock Exchange, and the notice or demand issued by government agencies in charge leading to the non-performance of the Contract. 

(4) Any other terms of the contract or the relevant laws and regulations lead to the termination of the contract. 

5 Upon the expiration of this Contract, the License should also expire. Party A shall terminate to provide SSE Securities Information to Party B and
Party B shall not continue to use/operate SSE Securities Information. Fees already paid to Party A will not be refunded after termination if it is Party B’s default that causes Party A to terminate this Contract, and Party B shall be
responsible for any other obligations set forth in this Contract. 
 6 Upon the termination of this Contract, all fees due hereunder shall be
paid by Party B to Party A on the tenth business day before the due date. If such fees are not paid when due, Party B shall be liable for its breach of this Contract in accordance with Section 7.3 hereof. 

7 Sections 5, 6 and 7 hereof shall survive the invalidity of other provisions of this Contract or the termination of this Contract. 

SECTION 9 SETTLEMENT OF DISPUTE 
 Any dispute
arising from the performance of this Contract or in connection with this Contract shall be settled through friendly negotiation between the parties. If no settlement could be reached, either of the parties may bring a lawsuit to the People’s
Court at the domicile of Party A. 
 SECTION 10 APPENDIXES 
 Appendixes and exhibits attached hereto shall have the equal legal effect as this Contract and include the following documents and others entered into during the performance of this Contract. 

Appendix 1 Shanghai Stock Exchange Securities Information Operation License; 
 Appendix 2 Payment of Fees; 
 Appendix 3 Information Transmission Service Order. 

SECTION 11 MISCELLANEOUS 
 1 This Contract shall
be governed by the laws and regulations of the People’s Republic of China (excluding Hong Kong, Macao and Taiwan), department regulations of China Securities Regulatory Commission and operational rules of SSE. In case of any amendment to
relevant regulations, relevant provisions of this Contract shall be amended accordingly and unconditionally. 

  
 *** - indicates material
omitted pursuant to a Confidential Treatment Request and filed separately with the Securities and Exchange Commission 

 2 Notices or documents given by the parties may be sent by personal delivery, mail or other method to such
office address as set forth herein. In case of any change in address, the parties shall issue a prior written notice. 
 3 In case of the
following circumstances, notices or documents will be deemed to be delivered to the other: 
 (1) if given by personal delivery,
the date of receipt as acknowledged in the return of service shall be deemed as the date of delivery; 
 (2) if given by mail,
the date indicated on the receipt of mail shall be deemed as the date of delivery. 
 4 Contact Method 

 

	 	(1)	Party A: 

 Office Address:
Building 37, No. 1387 of Zhangdong Road, Pudong New Area, Shanghai, (201203) 
 Contact Person: Zihe
Rong                    Tel: 021-68791073 
 E-mail: zhrong@sse.com.cn                  Fax:021-68792027 

 

	 	(2)	Party B: China Finance Online (Beijing) Co., Ltd. 

 Office Address: Floor 9, Tower C, Corporate Square, No. 35 Financial Street, Xicheng District, Beijing(100033) 
 Contact Person: Linna Dai                    Tel: 010-58325327 

E-mail: linna.dai@jrj.com.cn                Fax:
010-58325300 
 5 After this Contract takes effect, it shall supersede all previous agreement between the parties, including, but not limited to
any written or oral agreement, contract, negotiation, representation, plan or appendix. 
 6 This Contract shall be made in four copies with the
equal validity and legal effect and each party shall hold two of them. 
  

			
	Party A: Shanghai Stock Exchange Information Co., Ltd.	 	Party B: Beijing Fuhua Innovation Network Technology Development Co., Ltd.
		
	(Signature or Seal) /s/	 	(Signature or Seal) /s/
		
	[COMPANY SEAL]	 	[COMPANY SEAL]
		
	Date of Execution:	 	Date of Execution:

  
 *** - indicates material
omitted pursuant to a Confidential Treatment Request and filed separately with the Securities and Exchange Commission 

 Appendix 1: 
 SHANGHAI STOCK EXCHANGE SECURITIES INFORMATION OPERATION LICENSE 
 Contract No.:
L12006028 
 Entity: Beijing Fuhua Innovation Technology Development Co., Ltd. 
 Address: Floor 9, Tower C, Corporate Square, No. 35 Financial Street, Xicheng District, Beijing 100033, China 
 Legal Representative: Zhiwei Zhao 
 Information Licensed to Operate: 

 

	1.	Shanghai Stock Exchange Level-1 Quotes 

Purpose: Transmit to terminal users via internet (www.jrj.com) 
 Territory: Mainland China (excluding Hong Kong, Macau & Taiwan) 
 Valid Term:
January 1, 2012 to December 31, 2012 
 Date of Issuance: January 2012 

 

			
		
	By:	 	Shanghai Stock Exchange
		 	Infonet Ltd.

  
 *** - indicates material
omitted pursuant to a Confidential Treatment Request and filed separately with the Securities and Exchange Commission 

 Appendix 2: 
 PAYMENT OF FEES 
  

	1.	Fees payable by Party B are as follows: 

  

	1.1	Royalty: *** 

  

	1.2	Usage fee: *** 

 Total: *** 

 

	2.	Method of Payment: 

 2.1 Within ten business days
from the date hereof, Party B shall remit the above fees to the bank and account designated by Party A. 
  

	2.2	Designated bank and account by Party A: 

 Bank: China Merchants Bank, Shanghai Branch, Jinqiao Sub-branch 
 Name: Shanghai
Stock Exchange Infonet Ltd. 
 Account No.: 
  

			
	Party A: Shanghai Stock Exchange Infonet Ltd.	 	Party B: Beijing Fuhua Innovation Network Technology Development Co., Ltd.
		
	(Signature or Seal) /s/	 	(Signature or Seal) /s/
		
	[COMPANY SEAL]	 	[COMPANY SEAL]
		
	Date of Execution:	 	Date of Execution:

  
 *** - indicates material
omitted pursuant to a Confidential Treatment Request and filed separately with the Securities and Exchange Commission 

 Appendix 3: 
 Shanghai Stock Exchange Infonet Ltd. Information Service Order 
  

									
	 Product/
Service Type
	  	 Product/Service
Name
	  	 Description
	  	 Quantity
	  	 Select

	Satellite System	  	 Shanghai
 Broadband

Satellite VSAT
	  	Subscribe by Party B from Shanghai Stock Communication Co., Ltd.	  	One Set	  	Yes
					
	Ground System	  	INTERNET Transmission	  	Provided by Party A, ***	  	One Set	  	Yes
	  	  
 Dedicated Line Transmission
	  	  
 Provided by Party A, ***
	  	  
 One Set
	  	  
 No

					
	Notes:	  		  	None	  		  	

  

			
	Party A: Shanghai Stock Exchange Infonet Ltd.	 	Party B: Beijing Fuhua Innovation Network Technology Development Co., Ltd.
		
	(Signature or Seal) /s/	 	(Signature or Seal) /s/
		
	[COMPANY SEAL]	 	[COMPANY SEAL]
		
	Date of Execution:	 	Date of Execution:

  
 *** - indicates material
omitted pursuant to a Confidential Treatment Request and filed separately with the Securities and Exchange Commission

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00203-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00203-of-00352.parquet"}]]