Document:

Exhibit
10.4

 

EQUITY
PLEDGE AGREEMENT

 

This Equity
Pledge Agreement (hereinafter this ''Agreement'') is dated February 16, 2016, and is entered into in Shenzhen, People’s Republic
China (“PRC” or “China”) between and among Jie Run Consulting Management (Shenzhen) Co., Ltd (''Pledgee''),
Anhui Avi-Trip Technology Co., Ltd. (the “Company”), Jie Weiwei and Han Yanliang, the shareholders of the Company (collectively
the “Pledgor”).

 

RECITALS

 

1. The Company
is a limited liability company incorporated in the People's Republic of and is in the business of on-line sales of electronic products,
daily necessities, investment industrial projects, sales agents of air tickets, train tickets, software development and sales,
gift sales. hotel reservation service, car rental service, network technology development (not including internet connection services),
domestic trade, import and export of goods and technology service industry (the ''Business").

 

2. The Pledgee
is a limited liability company organized and existing under the laws of Chinese Law who has expertise relevant to the Business.

 

3. The individuals
collectively referred to herein as the “Pledgor” together hold 100% of the outstanding equity interests of the Company.

 

4. The Pledgee
and the Company have executed a Management and Consulting Services Agreement (the ''Management Services Agreement”) concurrently
herewith, pursuant to which the Company shall pay consulting and service fees (the ''Management Services Fee”) to the Pledgee
for various management, technical support, consulting and other services in connection with the Business.

 

5. In order
to ensure that the Company will perform its obligations under the Management Services Agreement, and in order to provide an additional
mechanism for the Pledgee to enforce its rights to collect the Management Services Fee from the Company, the Pledgor agrees to
pledge all her equity interests in the Company as security for the performance of the obligations of the Company under the Management
Services Agreement. including payment of the Management Services Fee.

 

     

     

    

 

AGREEMENT

 

NOW THEREFORE.
the Pledgee, the Company and the Pledgor through mutual negotiations hereby enter into this Agreement based upon the following
terms:

 

1. Definitions
and Interpretation. Unless otherwise provided in this Agreement. the following terms shall have the following meanings:

 

1.1
''Pledge” refers to the full content of Section 2 hereunder.

 

1.2
“Equity Interest” refers to all the equity interests in the Company legally held by the Pledgor.

 

1.3
''Term of Pledge” refers to the period provided for under Section 3.2 hereunder.

 

1.4
''Event of Default" refers to any event in accordance with Section 7.1 hereunder.

 

1.5"Notice
of Default” refers to the notice of default issued by the Pledgee in accordance with this Agreement.

 

2.
the Pledge. the Pledgor hereby pledges the Equity Interest to the Pledgee as a security for the obligations of the Company
under the Management Services Agreement (the “Pledge”). Pursuant thereto, the Pledgee shall have priority in receiving
payments from the evaluation or the proceeds from the auction or sale of the Equity Interest. The Equity Interest shall hereinafter
be referred to as the “Pledged Collateral”.

 

3.
Term of Pledge.

 

3.1
The Pledge shall take effect as of the date when the Pledge is recorded in the Company’s Register of Shareholders, and shall
expire two (2) years from the Company's satisfaction of all its obligations under the Management Services Agreement (the ''Term”).

 

3.2
During the Term, the Pledgee shall be entitled to vote, control, sell, or dispose of the Pledged Collateral in accordance with
this Agreement in the event that the Company does not perform its obligations under the Management Services Agreement. including
without limitations the failure to pay the Consulting Service Fee.

 

3.3
During the Term, the Pledgee shall be entitled to collect any and all dividends declared or paid in connection with the Pledged
Collateral.

 

    1

     

    

 

4.
Pledge Procedure and Registration.

 

4.1
The Pledge shall be recorded in the Company's Register of Shareholders. The Pledgor shall, within three (3) months after the date
of this Agreement, process the registration procedures with the Administration for Industry and Commerce concerning the Pledge.

 

5.
Representation and Warranties of Pledgor.

 

5.1
The Pledgor is the legal owner of the Pledgor Collateral.

 

5.2
Other than to the Pledgee, the Pledgor has not pledged the Pledged Collateral to any other party ,and the Pledged Collateral is
not encumbered to any other party.

 

6.
Covenants of Pledgor.

 

6.1
During the Term. the Pledgor represents and warrants to the Pledgee for the Pledgee's benefit that the Pledgor shall:

 

6.1.1
Not transfer or assign the Pledged Collateral, not create or permit to create any pledge or encumbrance to the Pledged Collateral
which may adversely affect the rights and/or benefits of the Pledgee without the Pledgee's prior written consent.

 

6.1.2
Comply with the laws and regulations with respect to the Pledge; present to Pledgee any notices, orders or advisements with respect
to the Pledge that may be issued or made by a competent PRC authority within five (5) days upon receiving such notices, orders
or advisements; comply with such notices, orders or advisements; or object to the foregoing matters upon the reasonable request
of the Pledgee or with consent from the Pledgee.

 

6.1.3
Timely notify the Pledgee of any events which may affect the Pledged Collateral or the Pledgor's rights thereto, or which may change
any of the Pledgor's warranties or affect the Pledgor's performance of their obligations under this Agreement.

 

    2

     

    

 

6.2 The Pledgor
agrees that the Pledgee's right to the Pledge pursuant to this Agreement shall not be suspended or inhibited by any legal proceedings
initiated by the Pledgor, jointly or separately, or by any successor of or any person authorized by the Pledgor.

 

6.3 The Pledgor
represents and warrants to the Pledgee that in order to protect and perfect the security for the payment of the Management Services
Fee, the Pledgor shall execute in good faith and cause other parties who have interests in the Pledged Collateral to execute all
the title certificates, contracts, and perform actions and cause other parties who have interests to take action, as required by
the Pledgee.

 

6.4 The Pledgor
represents and warrants to the Pledgee or its appointed representative (whether a natural person or a legal entity) that they will
execute all applicable and required amendments in connection with the registration of the Pledge, and within a reasonable amount
of time upon request, provide the relevant notice, order and decision regarding such registration to the Pledgee.

 

7. Events
of Default.

 

7.1
The occurrence of any one of the following events shall be regarded as an ''Event of Default”:

 

7.1.1
This Agreement is deemed illegal by a governing authority of the PRC. or the Pledgor is incapable of continuing to perform the
obligations herein due to any reason except force majeure

 

7.1.2
The Company fails to timely pay the Management Services Fee in full as required under the Management Services Agreement;

 

7.1.3
A Pledgor makes any materially false or misleading representations or warranties under Section 5 herein, or breaches any warranties
under Section 5 herein;

 

    3

     

    

 

7.1.4
A Pledgor breaches the covenants under Section 6 herein;

 

7.1.5
A Pledgor breaches any terms and conditions of this Agreement;

 

7.1.6
A Pledgor transfers or assigns, cause to be transferred or assigned, or otherwise abandons the Pledged Collateral without the prior
written consent of the Pledgee;

 

7.1.7
The Company is incapable of repaying debt;

 

7.1.8
The assets of a Pledgor are adversely affected so as to cause the Pledgee to believe that such Pledgor's ability to perform the
obligations herein is adversely affected;

 

7.1.9
The successors or agents of the Company refuse, or are only partly able, to perform the payment obligations under the Management
Services Agreement:

 

7.2 A Pledgor
shall immediately give a written notice to the Pledgee if such Pledgor is aware of or discovers that any event under Section 7.1
herein, or any event that may result in any one of the foregoing events. has occurred or is likely to occur.

 

7.3 Unless
an Even of Default has been resolved to the Pledgee's satisfaction within 15 days of its occurrence (the ''Cure Period'). the Pledgee
may, at any time thereafter, give a written default notice (the “Default Notice”).

 

    4

     

    

 

8. Exercise
of Remedies.

 

8.1
Authorized Actions by Secured Party. The Pledgor hereby irrevocably appoints Pledgee as the attorney-in-fact of the Pledgor
for the purpose of carrying out the security provisions of this Agreement and to take any action and execute any instrument that
the Pledgee may deem necessary or advisable to accomplish the purpose of this Agreement. Such power of attorney shall be effective,
automatically and without the necessity of any action (including any transfer of any Pledged Collateral) by any person, upon the
occurrence an Event of Default. Pledgee shall not have any duty to exercise any such right or to preserve the same and shall not
be liable for any failure to do so or for any delay in doing so.

 

If an Event
of Default occurs, or is already proceeding, Pledgee shall have the right to exercise the following rights:

 

(a)
Collect by legal proceedings or otherwise, and endorse and/or receive all payments, proceeds and other sums and property now or
hereafter payable on or on account of the Pledged Collateral;

 

(b)
Enter into any extension reorganization, deposit, merger, consolidation or other agreement pertaining to, or deposit, surrender,
accept, hold or apply other property in exchange for the Pledged Collateral;

 

(c)
Transfer the Pledged Collateral under the Pledgee’s name or under an appointed nominee;

 

(d)
Make any compromise or settlement, and take any action the Pledgee deems advisable, with respect to the Pledge Collateral;

 

(e)
Notify any obligor with respect to the Pledged Collateral to make payment directly to the Pledgee;

 

(f) All rights of
the Pledgor that they would otherwise be entitled to enjoy or exercise with respect to the Pledged Collateral, including without
limitations the rights to vote and to receive distributions, shall cease without any further action by or notice, and all such
rights shall thereupon become vested in the Pledgee; and

 

(g) The Pledge shall
execute and deliver to the Pledgee such other instruments as the Pledgee may request in order to permit the Pledgee to exercise
the rights set forth herein.

 

    5

     

    

 

8.2 Other Remedies.
Upon the expiration of the Cure Period, the Pledgee, in addition to the remedies set forth in Section 8.1 or such other rights
in law, equity or otherwise, may, without notice or demand on the Pledgor, elect any of the following:

 

(a) Foreclose or
otherwise enforce the Pledgee’s security interest to the Pledged Collateral in any manner permitted by law or provided under
this Agreement;

 

(b) Terminate this
Agreement pursuant to Section 11;

 

(c) Exercise any
and all rights as the beneficial and legal owner of the Pledged Collateral, including, without limitation, the transfer and exercise
of voting and any other rights to the Pledged Collateral; and

 

(d) Exercise any
and all rights and remedies of a secured party under applicable laws.

 

8.3 The Pledgee
has priority in the receipt of payments from the proceeds of auction or sale of the Pledged Collateral, in part or in whole, in
accordance with legal procedures, until all payment obligations under the Management Services Agreement are satisfied.

 

8.4 The Pledgor
shall not hinder the Pledgee from exercising its rights in accordance with this Agreement and shall give necessary assistance so
that the Pledgee may exercise its rights in full.

 

9. Assignment.

 

9.1 The Pledgor shall
not assign or otherwise transfer the rights and obligations herein without the Pledgee’s prior written consent.

 

9.2 This Agreement
shall be binding upon the Pledgor and her respective successors, and shall be binding on the Pledgee and each of its successor
and assignee.

 

    6

     

    

 

9.3 Upon the transfer
or assignment by the Pledgee of any or all of its rights and obligations under the Management Services Agreement, the Pledgee’s
transferee or assignee shall enjoy and undertake the same rights and obligations as the Pledgee under this Agreement. The Pledgor
shall be notified of any such transfer or assignment by written notice and at the request of the Pledgee, the Pledgor shall execute
such relevant agreement and/or documents with respect to such transfer or assignment.

 

9.4 In the event
of the Pledgee’s change in control resulting in the transfer or assignment of this Agreement, the successor to the Pledgee
and the Pledgor shall execute a new equity pledge agreement.

 

10. Formalities, Fees and Other Changes.

 

10.1 Each party shall
be responsible for all the registration fees, expenses and other charges in relation to the preparation, signing and completing
this Agreement.

 

11.  Force Majeure.

 

11.1 “Force
Majeure” shall include, but not be limited, to acts of governments, acts of nature, fire, explosion, typhoon, flood, earthquake,
tide, lightning, war, and any unforeseen events beyond a Party’s reasonable control or which cannot be prevented with reasonable
care. However, any shortage of credit, capital or finance shall not be regarded as an event beyond a Party’s reasonable control.
A Party affected by Force Majeure shall promptly notify the other Parties of such event in order to be exempted from such Party’s
obligations under this Agreement.

 

11.2 In the event
that the affected Party is delayed or prevented from performing its obligations under this Agreement due to Force Majeure, the
affected Party shall not be responsible for any damage caused by the delay or prevention of such performance, as long as such damage
is within the scope of such delay or prevention. The affected Party shall take appropriate means to minimize or remove the effects
of Force Majeure and attempt to resume performance of the obligations delayed or prevented by Force Majeure. When such Force Majeure
ceases to exist, both Parties covenant and agree to resume the performance of this Agreement with their best efforts.

 

    7

     

    

 

12. Confidentiality. The Parties
hereby acknowledge and agree to ensure the confidentiality of all oral and written materials exchanged relating to this Agreement.
No Party shall disclose any confidential information to any other third party without the other Parties’ prior written approval,
unless: (a) such information was in the public domain at the time it was communicated (unless it entered the public domain without
the authorization of the disclosing Party); (b) the disclosure was in response to the relevant laws, regulations, or stock exchange
rules; or (c) the disclosure was required by any of the Party’s legal counsel or financial consultant for the purpose of
the transaction underlying this Agreement. However, such legal counsel and/or financial consultant shall also comply with the confidentiality
as stated hereof. The disclosure of confidential information by employees or agents of the disclosing Party is deemed to be an
act of the disclosing Party, and such disclosing Party shall bear all liabilities for any breach of confidentiality.

 

13. Dispute Resolution.

 

13.1 This Agreement
shall be governed by and construed in accordance with the laws of the PRC.

 

13.2 The Parties
shall strive to resolve any disputes arising from the interpretation or performance of this Agreement through amicable negotiations.
If a dispute cannot be settled, any Party may submit such dispute to China International Economic and Trade Arbitration Commission
(“CIETAC”) for arbitration. The arbitration shall abide by the rules of CIETAC. The decision of CIETA shall be final
and binding upon the parties.

 

14. Notices. Any notice given
by the parties hereto for the purpose of performing the rights and obligations hereunder shall be in writing. If such notice is
delivered by messenger, the time of receipt is the time when such notice is received by the addressee; if such notice is transmitted
by facsimile, the time of receipt is the time when such notice is transmitted. If the notice does not reach the addressee by the
end of the business day, the following business day shall be the date of receipt. The place of delivery is the Party’s address
as set forth in the signature pages hereto or the address advised in writing including via facsimile.

 

    8

     

    

 

15. Entire Contract. The Parties
agree that this Agreement constitutes the entire agreement of the Parties upon its effectiveness and supersedes all prior oral
and/or written agreements and understandings relating to this Agreement.

 

16.  Severability.  If any provision
or provisions of this Agreement shall be held by a proper authority to be invalid, illegal, unenforceable or in conflict with the
laws and regulations of the PRC, the validity, legality and enforceability of the remaining provisions shall not in any way be
affected or impaired thereby.

 

17. Appendices. The appendices
to this Agreement are incorporated into and are a part of this Agreement.

 

18. Amendment or Supplement.

 

18.1 The Parties
may amend this Agreement in writing, provided that such amendment shall be duly executed and signed by the Pledgee, the Company,
and the Pledgor, and such amendment shall thereupon become a part of this Agreement and shall have the same legal effect as this
Agreement.

 

18.2 This Agreement
and any amendments, modification, supplements, additions or changes hereto shall be in writing and come into effect upon being
executed and stamped by the parties hereto.

 

19. Language and Copies of the Agreement.
This Agreement shall be executed in English in three (3) original copies. Each Party shall receive one (1) original copy, all
of which shall be equally valid and enforceable.

 

[SIGNATURE PAGE FOLLOWS]

 

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    10

     

    

 

 

12Exhibit 10.5

CONFIDENTIAL

 

 

 

 

 

 

SHAREHOLDERS’
VOTING RIGHTS PROXY AGREEMENT

 

 

 

Weiwei
Jie

Yanliang
Han

Anhui
Avi-Trip Technology Co., Ltd.

Jie
Run Consulting Management (Shenzhen) Co., Ltd.

 

 

 

 

FEBRUARY
16,2016

 

 

 

 

 

 

 

     

     

    

 

SHAREHOLDERS’
VOTING RIGHTS PROXY AGREEMENT

 

This
SHAREHOLDERS’ VOTING RIGHTS PROXY AGREEMENT (this “AGREEMENT”) is entered into as of FEBRUARY 16, 2016 by and
among the following Parties:

 

(1)
YANLIANG HAN

 

IDENTITY
CARD NUMBER: 342401198410025951

 

(2)
WEIWEI JIE

 

IDENTITY
CARD NUMBER: 34240119890802646X

 

(3)Anhui
Avi-Trip Technology Co., Ltd. ( "AVI TRIP")

 

(4)
Jie Run Consulting Management (Shenzhen) Co., Ltd. (“Jie Run”)

 

(The
above parties shall hereinafter be individually referred to as a “PARTY” and collectively, “PARTIES”.
Yanliang Han, Weiwei Jie shall hereinafter be individually referred to as a “PERSONAL SHAREHOLDER” and collectively,
“PERSONAL SHAREHOLDERS”, Personal Shareholders and AVI TRIP shall hereinafter be individually referred to as
a “SHAREHOLDER” and collectively, “SHAREHOLDERS”.)

 

WHEREAS:

 

1.As
of the date of this Agreement, YANLIANG HAN and WEIWEI JIE are the enrolled shareholders of AVI TRIP, legally holding all the
equity in AVI TRIP, of which Yanliang Han holding 40% interest, Weiwei Jie holding 60%.

 

2.The
Shareholders intend to severally entrust the individual designated by JIE RUN with the exercises of their voting rights in Target
Company (as defined below) while JIE RUN is willing to designate such an individual.

 

The
Parties hereby have reached the following agreement upon friendly consultations:

 

ARTICLE
1 VOTING RIGHTS ENTRUSTMENT

 

1.1Under
this Agreement, “TARGET COMPANY” shall mean, to Yanliang Han ,Weiwei Jie and AVI TRIP.

 

    2

     

    

 

1.2The
Shareholders hereby irrevocably undertake to respectively sign the Entrustment Letter after execution of the Agreement to respectively
entrust the personnel designated by JIE RUN (“TRUSTEES”) to exercise the following rights enjoyed by them as shareholders
of Target Company in accordance with the then effective articles of association of Target Company (collectively, the “ENTRUSTED
RIGHTS”):

 

(1)Proposing
to convene and attending shareholders’ meetings of Target Company as proxy of the Shareholders according to the articles
of association of Target Company;

 

(2)Exercising
voting rights as proxy of the Shareholders, on issues discussed and resolved by the shareholders’ meeting of Target Company,
including but not limited to the appointment and election for the directors, general manager and other senior management personnel
of Target Company.

 

The
above authorization and entrustment is granted subject to the status of trustees as PRC citizens and the approval by JIE RUN.
Upon and only upon written notice of dismissing and replacing Trustee(s) given by JIE RUN to the Shareholders, the Shareholders
shall promptly entrust another PRC citizen then designated by JIE RUN to exercise the above Entrusted Rights, and
once new entrustment is made, the original entrustment shall be replaced; the Shareholders shall not cancel the authorization
and entrustment of the Trustee(s) otherwise.

 

1.3The
Trustees shall perform the entrusted obligation within the scope of entrustment in due care and prudence and in compliance with
laws; the Shareholders acknowledge and assume relevant liabilities for any legal consequences of the Trustees’ exercise
of the foregoing Entrusted Rights.

 

1.4The
Shareholders hereby acknowledge that the Trustees are not required to seek advice from the Shareholders prior to their respective
exercise of the foregoing Entrusted Rights. However, the Trustees shall inform the Shareholders in a timely manner of any resolution
or proposal on convening interim shareholders’ meeting after such resolution or proposal is made.

 

ARTICLE
2 RIGHT TO INFORMATION

 

2.1For
the purpose of exercising the Entrusted Rights under this Agreement, the Trustees are entitled to know the information with regard
to Target Company’s operation, business, clients, finance, staff, etc., and shall have access to relevant materials of Target
Company. Target Company shall adequately cooperate with the Trustees in this regard.

 

    3

     

    

 

ARTICLE
3 EXERCISE OF ENTRUSTED RIGHTS

 

3.1The
Shareholders will provide adequate assistance to the exercise of the Entrusted Rights by the Trustees, including execution of
the resolutions of the shareholders’ meeting of Target Company or other pertinent legal documents made by the Trustee when
necessary (e.g., when it is necessary for examination and approval of or registration or filing with governmental departments).

 

3.2If
at any time during the term of this Agreement, the entrustment or exercise of the Entrusted Rights under this Agreement is unenforceable
for any reason except for default of any Shareholder or Target Company, the Parties shall immediately seek a most similar substitute
for the unenforceable provision and, if necessary, enter into supplementary agreement to amend or adjust the provisions herein,
in order to ensure the realization of the purpose of this Agreement.

 

ARTICLE
4 EXEMPTION AND COMPENSATION

 

4.1The
Parties acknowledge that JIE RUN shall not be requested to be liable for or compensate (monetary or otherwise) other
Parties or any third party due to exercise of Entrusted Rights by the Trustees designated by JIE RUN under this Agreement.

 

4.2Target
Company and the Shareholders agree to compensate JIE RUN for and hold it harmless against all losses incurred or likely to be
incurred by it due to exercise of the Entrusted Rights by the Trustees designated by JIE RUN, including without limitation any
loss resulting from any litigation, demand arbitration or claim initiated or raised by any third party against it or from administrative
investigation or penalty of governmental authorities.

 

However,
the Shareholders and Target Company will not compensate for losses incurred due to willful misconduct or gross negligence of JIE
RUN.

 

ARTICLE
5 REPRESENTATIONS AND WARRANTIES

 

5.1Each
of the Personal Shareholders hereby severally and jointly represents and warrants that:

 

5.1.1Each
of the Personal Shareholders is a PRC citizen with full capacity and 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.

 

5.1.2Each
of the Personal Shareholders has full right and authorization to execute and deliver this Agreement and other documents that are
related to the transaction referred to herein and to be executed by them. They have full right and authorization with respect
to consummate the transaction referred to herein.

 

    4

     

    

 

5.1.3This
Agreement shall be executed and delivered by the Personal Shareholders lawfully and properly. This Agreement constitutes the legal
and binding obligations on them and is enforceable on them in accordance with its terms and conditions hereof.

 

5.1.4The
Personal Shareholders are enrolled and legal shareholders of Target Company as of the effective date of this Agreement, and except
the rights created by this Agreement, the Option Agreement entered into by JIE RUN, Target Companies and them on FEBRUARY 16,
2016 (the “OPTION AGREEMENT”), as well as the Equity Pledge Agreement entered into by JIE RUN and Target
Company and them on FEBRUARY 16, 2016, (the “EQUITY PLEDGE AGREEMENT”), there exists no third party right on the Entrusted
Rights. Pursuant to this Agreement, the Trustees may fully and sufficiently exercise the Entrusted Rights in accordance with the
then effective articles of association of Target Company.

 

5.1.5Considering
the fact that according to Equity Pledge Agreement, considering the fact that Personal Shareholders will set aside all the equity
interest held thereby in relevant Target Company as security to secure the performance by them of their obligations under the
Option Agreement entered into between them respectively and JIE RUN as of FEBRUARY 16, 2016, Personal Shareholders
undertake to make full and due performance of the obligations under Option Agreement during the valid term of this Agreement,
and they will not be in conflict with any stipulation under Option Agreement, which are likely to have impact on the exercise
of he Entrusted Rights the Trustees under this Agreement.

 

5.1.6Considering
the facts that the Target Company entered into the Exclusive Agreement (the “SERVICE AGREEMENT”) on FEBRUARY 16, 2016
with JIE RUN, the Option Agreement with JIE RUN and the Shareholders on FEBRUARY 16,2016, and that the Shareholders
of Target Company will set aside all equity interest held thereby in Target Company as security to secure the performance of the
contractual obligations under the above two agreements by Target Company, the Personal Shareholders undertake to, during the valid
term of this Agreement, procure the full and due performance of Target Company of any and all its obligations under the Service
Agreement, the Option Agreement, and warrant that no adverse impact on the exercise of the Entrusted Rights hereunder by the Trustees
will be incurred due to the breach of the Exclusive Service Agreement, Option Agreement by Target Company.

 

    5

     

    

 

5.2JIE
RUN (excluding the person designated by it) hereby represents and warrants that:

 

5.2.1it
is a company with limited liability properly registered and legally existing under PRC laws, with an independent corporate legal
person status, and 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; and

 

5.2.2it
has the full corporate power and authority to execute and deliver this Agreement and all the other documents to be entered into
by it in relation to the transaction contemplated hereunder, and has the full power and authority to consummate such transaction.

 

5.3Target
Company other than AVI TRIP hereby in respect of themselves respectively represents and warrants that:

 

5.3.1it
is a company with limited liability properly registered and legally existing under PRC laws, with an independent legal person
status, and 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; and

 

5.3.2it
has the full corporate power and authority to execute and deliver this Agreement and all the other documents to be entered into
by it in relation to the transaction contemplated hereunder, and has the full power and authority to consummate such transaction.

 

5.3.3the
Shareholders are enrolled shareholders as of the effective date of this Agreement, legally holding their respective equity interests.
Except rights created by this Agreement, the Equity Pledge Agreement and the Option Agreement, there exists no third party right
on the Entrusted Rights. Pursuant to this Agreement, the Trustees may fully and sufficiently exercise the Entrusted Rights in
accordance with the then effective articles of association of Target Company.

 

5.3.4Considering
the Service Agreement and the Option Agreement signed by Target Company and JIE LUN, the Shareholders of Target Company will,
during the valid term of this Agreement, set aside all the equity interest held thereby in Target Company as security to secure
the performance of the contractual obligations by Target Company, , and warrant that no adverse impact on the exercise of the
Entrusted Rights hereunder by the Trustees will be incurred due to the breach of the Exclusive Service Agreement, the Option Agreement
by Target Company.

 

5.4
AVI TRIP hereby in respect of itself represents and warrants that:

 

5.4.1it
is a company with limited liability properly registered and legally existing under PRC laws, with an independent legal person
status, and 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; and

 

5.4.2it
has the full corporate power and authority to execute and deliver this Agreement and all the other documents to be entered into
by it in relation to the transaction contemplated hereunder, and has the full power and authority to consummate such transaction.

 

    6

     

    

 

5.4.3As
of the effective date of this Agreement, Yanliang Han and Weiwei Jie are enrolled shareholders, legally holding the equity interest
in AVI TRIP. Except rights created by this Agreement, the Equity Pledge Agreement and the Option Agreement, in respect of AVI
TRIP, there exists no third party right on the Entrusted Rights. Pursuant to this Agreement, the Trustees may fully and sufficiently
exercise the Entrusted Rights according to the then effective articles of association of AVI TRIP.

 

5.4.4As
of the effective date of this Agreement and in respect of Target Company in which it holds equity interest, it is enrolled shareholder.
Except rights created by this Agreement, the Option Agreement and the Equity Pledge Agreement, there exists no third party right
on the Entrusted Rights. Pursuant to this Agreement, the Trustees may fully and sufficiently exercise the Entrusted Rights according
to the then effective articles of association of Target Company.

 

5.4.5Considering
the fact that according to the Equity Pledge Agreement, it shall set aside all equity interest held thereby in relevant Target
Company as security to secure the performance of its obligations under the Option Agreement. AVI TRIP undertakes
to make full and due performance of the Option Agreement during the valid term of this Agreement and that it will not be in conflict
with any term under the Option Agreement, which may have impact on the exercise of the Entrusted Rights by the Trustees under
this Agreement.

 

5.4.6Considering
the fact that according to the Equity Pledge Agreement, that Shareholders of Target Company will set aside all the equity interest
held thereby in Target Company as security to secure the performance of the contractual obligations by Target Company under the
Exclusive Service Agreement, Option Agreement, AVI TRIP undertakes to, during the valid term of this Agreement, procure
the full and due performance of any and all obligations under the Exclusive Service Agreement and Option Agreement by the Target
Company in which it holds equity interest, and warrants that no adverse impact on the exercise of the Entrusted Rights hereunder
by the Trustees will be incurred due to breaching the Exclusive Service Agreement, or Option Agreement by Target Company.

 

ARTICLE
6 TERM OF AGREEMENT

 

6.1This
Agreement takes effect from the date of due execution of all the Parties hereto, with the valid term of twenty (20) years, unless
terminated in advance by written agreement of all the Parties or according to Article 8.1 of this Agreement. This Agreement shall
automatically renew for another one (1) year when the term (whether original or extended, if applicable) of this Agreement is
due, unless JIE RUN gives a thirty-day (30) notice in writing to the other Parties of the cancellation of such renewal.

 

    7

     

    

 

6.2In
case that a Shareholder transfers all of the equity interest held by it in Target Company with prior consent of JIE RUN, such
Shareholder shall no longer be a Party to this Agreement whilst the obligations and commitments of the other Parties under this
Agreement shall not be adversely affected thereby.

 

ARTICLE
7 NOTICE

 

7.1Any
notice, request, demand and other correspondences made as required by or in accordance with this Agreement shall be made in writing
and delivered to the relevant Party.

 

7.2The
abovementioned notice or other correspondences shall be deemed to have been delivered when (i) it is transmitted if transmitted
by facsimile or telex, or (ii) it is delivered if delivered in person, or (iii) when five (5) days have elapsed after posting
the same if posted by mail.

 

ARTICLE
8 DEFAULT LIABILITY

 

8.1The
Parties agree and confirm that, if any of the Parties (the “DEFAULTING PARTY”) breaches substantially any of the provisions
herein or fails substantially to perform any of the obligations hereunder, such a breach or failure shall constitute a default
under this Agreement (a “DEFAULT”). In such event any of the other Parties without default (a “NON-DEFAULTING
PARTY”) who incurs losses arising from such a Default shall have the right to require 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 ten (10) days of a Non-defaulting Party’s notifying the Defaulting Party
in writing and requiring it to rectify the Default, then the relevant Non-defaulting Party shall be entitled to choose at its
discretion to (1) terminate this Agreement and require the Defaulting Party to indemnify all damages, or (2) require specific
performance by the Defaulting Party of this Agreement and indemnification against all damages.

 

8.2Without
limiting the generality of Article 8.1 above, any breach by any Shareholder of the Option Agreement or Equity Pledge Agreement
shall be deemed as having constituted the breach by such Shareholder of this Agreement; any breach by Target Company of the Exclusive
Service Agreement or Option Agreement shall be deemed as having constituted the breach by Target Company of this Agreement.

 

    8

     

    

 

8.3The
Parties agree and confirm, the Shareholders or Target Company shall not request the termination of this Agreement for whatsoever
reason and under whatsoever circumstance, except otherwise stipulated by laws or this Agreement.

 

8.4Notwithstanding
any other provisions herein, the validity of this Article shall not be affected by the suspension or termination of this Agreement.

 

ARTICLE
9 MISCELLANEOUS

 

9.1This
Agreement shall be prepared in Chinese language in four (4) original copies, with each involved Party holding one (1) hereof.

 

9.2The
conclusion, validity, execution, amendment, interpretation and termination of this Agreement shall be governed by laws of the
PRC.

 

9.3Any
disputes arising from and in connection with this Agreement shall be settled through consultations among the Parties involved,
and if the Parties involved fail to reach an agreement regarding such a dispute within thirty (30) days of its occurrence, such
dispute shall be submitted to China International Economic and Trade Arbitration Commission for arbitration in Guangzhou in accordance
with the arbitration rules of such commission, and the arbitration award shall be final and binding on all the Parties involved.

 

9.4Any
rights, powers and remedies empowered to any Party by any provisions herein shall not preclude any other rights, powers and remedies
enjoyed by such Party in accordance with laws and other provisions under this Agreement, and a Party’s exercise of any of
its rights, powers and remedies shall not preclude its exercise of other rights, powers and remedies of it.

 

9.5Any
failure or delay by a Party in exercising any of its rights, powers and remedies hereunder or in accordance with laws (the “PARTY’S
RIGHTS”) shall not lead to a waiver of such rights, and the waiver of any single or partial exercise of the Party’s
Rights shall not preclude such Party from exercising such rights in any other way or exercising the remaining part of the Party’s
Rights.

 

9.6The
titles of the Articles contained herein are for reference only, and in no circumstances shall such titles be used for or affect
the interpretation of the provisions

 

9.7Each
provision contained herein shall be severable and independent from each of other provisions. If at any time any one or more articles
herein become invalid, illegal or unenforceable, the validity, legality or enforceability of the remaining provisions herein shall
not be affected thereby.

 

    9

     

    

 

9.8Upon
execution, this Agreement shall replace any other previous legal documents entered into by relevant Parties on the same subject
matter.

 

9.9Any
amendments or supplements to this Agreement shall be made in writing and shall take effect only when properly signed by the Parties
to this Agreement. Notwithstanding the preceding sentence, considering that the rights and obligations of each Target Company
and its Shareholders are independent and severable from each other, in case that the amendment or supplement to this Agreement
is intended to have impact upon one of the Target Companies and its Shareholders, such amendment or supplement requires only the
approval of JIE RUN, the Target Company and its Shareholder while no consent is necessary from the other Target Companies and
their Shareholders (to the extent that the amendment or supplement does not have impact upon such other Shareholders).

 

9.10In
respect of the Shareholder and Target Company, they shall not assign any of their rights and/or transfer any of their obligations
hereunder to any third parties without prior written consent from JIE RUN; JIE RUN shall have the right to assign any of
its rights and/or transfer any of its obligations hereunder to any third parties designated by it after giving notice to the Shareholders.

 

9.11
This Agreement shall be binding on the legal successors of the Parties.

 

9.12The
rights and obligations of Target Companies are severable and independent, performance of this Agreement by any Shareholder and
any Target Company shall not affect the performance by the other Shareholders and other Target Companies.

 

9.13Notwithstanding
any provision to the contrary in this Agreement, new companies other than the Target Companies and their shareholder(s) can be
included as one party to this Agreement by signing the Acknowledgement Letter in the form of this Agreement. The new companies
shall enjoy the same rights and assume the same obligations as other Target Companies; the shareholder(s) of the new companies
shall enjoy the same rights and assume obligations as the other Shareholders hereunder. Since the rights and obligations of the
Target Company and its Shareholder(s) under the Agreement are severable and independent, the participation of the new target companies
and their shareholders will not affect the rights and obligations of the original Target Company and its Shareholders, the participation
of the new target companies only requires confirmation of JIE RUN by signing. Each of the Target Companies hereby irrevocably
and unconditionally agrees to the participation of the new companies and their shareholders, and further confirms that the shareholder(s)
of any new target company can entrust the Trustees to exercise the voting rights according to the terms of this Agreement not
necessarily with consent of the original Target Companies or their relevant Shareholder(s).

 

[The
remainder of this page is left blank]

 

    10

     

    

 

IN
WITNESS HEREOF, the following Parties have caused this Shareholders’ Voting Rights Proxy Agreement to be executed as of
the date first here above mentioned.

 

YANLIANG
HAN

 

	Signature
by: 	/s/YANLIANG
    HAN	 

 

WEIWEI
JIE

 

	Signature
    by:  	/s/WEIWEI
    JIE	 

 

Anhui
Avi-Trip Technology Co., Ltd. (Company chop)

 

	Signed
    by: 	/s/
    Ronghua Wang	 
	Name:	Ronghua
    Wang	 
	Position:	Authorized
    Representative	 

 

Jie
Run Consulting Management (Shenzhen) Co., Ltd. (Company chop)

 

	Signed
    by: 	/s/
    Lizeng Wan	 
	Name:
    	Lizeng
    Wan	 
	Position:
    	Authorized
    Representative	 

 

 

11

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