Document:

Exhibit 10.12

 

AI Core Product Cloud Platform Lease Contract

 

Document confidentiality level: Confidentiality contract
No.:

Party A: Beijing Wanjie Data Technology Co., Ltd.

Legal representative: Cao Hehong

Address: No.42, Floor 6, Building 17, Yard 30, Shixing
Street, Shijingshan District, Beijing

 

Party B: [Shanghai Xiaoi Robot Technology Co.,
Ltd.]

Legal representative: Yuan Hui

Address: Floor 7, No. 398, Lane 1555, Jinsha Jiangxi
Road, Jiading District, Shanghai

 

Special statement: This agreement is concluded
by both parties through negotiation on the basis of equality and voluntariness, and all contract terms are true expressions of both parties’
intentions. 

 

In accordance with the Civil Code
of the People’s Republic of China and other relevant laws and regulations, now Party A leases the cloud platform of artificial intelligence
core products from Party B (including the four sub platforms of artificial intelligence core technology platform, big data technology
platform, business support technology platform and application support platform). Through negotiation, both parties have reached the following
agreement on relevant matters:

 

1. Leasing products 

 

1 Rental product: cloud
platform of artificial intelligence core product (including four sub platforms of artificial intelligence core technology platform, big
data technology platform, business support technology platform and application support platform). For details, please refer to Annex I:
Rental Quotation of Cloud Platform of Artificial Intelligence Core Product.

 

2. Quality standards/guarantees:

 

1. The cloud platform of the
artificial intelligence core product leased by Party B must meet the quality requirements and main technical parameters agreed in this
contract. If it does not meet the requirements agreed in this contract, Party A has the right to refuse to accept it; Unless Party A expressly
agrees to accept it in writing.

 

2. During the lease term of
the cloud platform of the AI core product, Party B shall provide platform services in accordance with this Agreement and with reference
to Party B’s relevant provisions.

 

3. Warranty:

 

Party B shall ensure that Party
A’s use of the cloud platform of the artificial intelligence core product provided by Party B will not be accused by a third party
of infringing its ownership, patent right, trademark right, industrial design right, etc. 4、 Lease time: 1. Lease time: one year
from January 1, 2022

 

5. Objection period:

 

If Party A has any objection
to the matters related to the cloud platform of the AI core product, it shall notify Party B in writing within seven working days after
the lease of the platform, and Party B shall be responsible for solving it within three working days. If Party A fails to raise an objection
within the time limit, it shall be deemed that the cloud platform of the AI core product is qualified.

 

6. Rental fee and payment 

 

1. The lease period of the
cloud platform of the artificial intelligence core product under this contract is 12 months in total, which is 3,335,500 yuan per month,
and the paid in amount is 40,026,000 yuan, For details, please refer to Annex I Cloud Platform Rental Quotation of AI Core Products and
Annex II IDC Rental List of AI Core Products.

 

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2. Settlement method: pay after
use, and pay quarterly.

 

3. Time of payment: After the
end of each quarter, Party A shall pay the lease fee of the previous quarter to Party B before the 15th day of the next month.

 

4. The invoice shall be issued
by Party B to Party A according to the national regulations with a VAT special invoice with an equivalent tax rate of [6%].

 

5. The bank account information
of Party B is as follows:

Account name: Shanghai Xiaoi
Robot Technology Co., Ltd

Bank of deposit: Pudong Science
and Technology Branch of Bank of Shanghai Co., Ltd

Account No.: 03003989258

 

7. Other obligations of Party B 1. Party
B has the right to legally lease and deliver the AI core product cloud platform under this contract to Party A. Any act of Party B under
this contract will not infringe the legitimate rights and interests of any third party, especially the intellectual property rights of
any third party.

 

2. During the lease term of
the cloud platform of the core AI product, Party B shall assign special technicians to Party A to provide Party A with necessary technical
support in accordance with this contract.

 

3. During the lease term, Party
B shall regularly provide Party A with various product related use and safety training. In case of any technical change or improvement,
Party B shall notify Party A as soon as possible and provide corresponding after-sales service.

 

4. Except with the written
consent of Party B, Party A shall not make any modification to the cloud platform of the artificial intelligence core product provided
by Party B. Party A shall be responsible for the failure of normal operation of the cloud platform of the artificial intelligence core
product, other legal consequences and losses caused to Party B as a result of any change to the cloud platform of Party B’s artificial
intelligence core product.

 

8. Other obligations of Party A

 

1. Party A shall prepare the
environment, personnel and other necessary conditions for the system trial operation according to the technical requirements of the cloud
platform of the artificial intelligence core product notified by Party B in advance to ensure the smooth reception of the cloud platform
of the artificial intelligence core product. Otherwise, Party A shall be responsible for the delay in receiving goods, installation and
commissioning caused thereby.

 

2. During the lease term, Party
A shall strictly abide by the relevant national laws, administrative regulations and management rules, and promise not to use the cloud
platform and services of the artificial intelligence core product provided by Party B for any illegal purpose, and not to carry out illegal
activities involving fraud, harassment, pornography, terrorism and endangering national security and social stability.

 

3. Party A shall be responsible
for the authenticity, accuracy and legitimacy of the information released using the cloud platform and services of the artificial intelligence
core products provided by Party B, and shall not release and disseminate harmful information, or disseminate illegal, unhealthy, reactionary
and other information.

 

9. Claim:

 

1. If the cloud platform of the artificial intelligence
core product provided by Party B is inconsistent with the contract, Party B shall timely repair or take other remedial measures until
the contract conditions are met. Otherwise, Party A has the right to claim for the actual direct economic losses caused to Party A from
Party B.

 

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2. If Party B fails to reply
within 10 days after Party A puts forward the notice of claim, the claim shall be deemed to have been accepted by Party B. If Party B
fails to pay the claim amount within 10 days of Party A’s notice of claim or within a longer period agreed by Party A, Party A will
deduct the claim amount from the unpaid contract price.

 

3. If Party A fails to make
the payment on time, it shall pay a penalty of 0.03% of the unpaid part of the contract amount for each day of delay. Before Party A makes
the payment, Party B has the right to stop Party A from using the AI core product cloud platform. If Party A’s overdue payment exceeds
60 days of the date specified in this contract, Party B has the right to terminate this contract and require Party A to stop using this
AI core product cloud platform. In addition, Party A shall pay 30% of the total contract price as liquidated damages to Party B. If the
liquidated damages are not enough to cover Party B’s actual losses, Party A shall also compensate Party B for its direct economic
losses.

 

4. If Party A uses the cloud
platform of the artificial intelligence core product in violation of this contract, Party B has the right to unilaterally terminate the
contract immediately and stop Party A from using the cloud platform of the artificial intelligence core product in this contract, and
all the consequences and responsibilities arising therefrom shall be borne by Party A, In case of any economic loss caused to Party B
(including but not limited to the amount of administrative penalty imposed on Party B, the amount claimed by a third party against Party
B, and the legal fees, investigation fees, litigation fees, etc. paid by Party B for safeguarding its rights), Party A shall compensate
in full.

 

10. Use and ownership of cloud platform
of AI core product:

 

1. The end users of the software
under this contract are limited to Party A, and the authorized license is non exclusive and non transferable. If Party A needs to increase
the user license, it shall sign a supplementary agreement with Party B after a separate agreement. Without the written consent of Party
B, Party A shall not deliver the contract software to other parties for use in any form such as translation, export, sale, lease, loan
or transfer, copy for non archival purposes, or by providing sub license, sub license, information network transmission, etc.

 

2. Party B owns the copyright
of the cloud platform of the AI core product under this contract, and the copyright of any document related to the cloud platform of the
AI core product belongs to Party B. Without the permission of Party B, Party A shall not translate, decompose, modify, decompile, disassemble,
reverse engineer or attempt to export program source code from the cloud platform of the AI core product in whole or in part, or it will
be deemed as a serious infringement, and Party A will pay Party B liquidated damages equivalent to 100% of the total contract amount.
If the liquidated damages are not enough to cover the losses, It shall also bear all the losses caused to Party B (including but not limited
to the direct economic loss, loss of expected profits, reputation loss, third party compensation, and the lawyer’s fees, legal fees,
notarial fees, etc.).

 

3. If this contract is dissolved
or terminated, or the lease term of this AI core product cloud platform expires, Party A shall terminate the use of the AI core product
cloud platform leased under this contract and unload the AI core product cloud platform from the designated hardware server, and return
all copies provided to Party A and copied by Party A to Party B.

 

11. Termination for breach of contract

 

1. After one party sends a notice of breach, if
the other party fails to correct any of the following breaches, the observant party may send a written notice of breach to the defaulting
party to terminate the contract in whole or in part:

 

(1) If one party fails to deliver
part or all of the products/pay the contract price within the period specified in the contract or any extension allowed by the other party.

 

(2) One party has reasonable
reasons to believe that the other party cannot deliver/pay as agreed.

 

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(3) Either party fails to
perform any other obligation under the Contract.

 

2. During the lease term, if
Party A unilaterally terminates the performance of this contract without Party B’s consent or this contract is terminated/rescinded
due to Party A’s reasons, Party A shall pay Party B one month’s rental fee for the cloud platform of the artificial intelligence
core product as liquidated damages. If the liquidated damages are insufficient to cover Party B’s losses, Party A shall compensate
Party B for the losses.

 

3. Either party shall not be
responsible for the failure or temporary inability to perform all or part of its contractual obligations due to the following reasons:
flood, fire, earthquake, drought, war or any other event that cannot be predicted, controlled, avoided or overcome at the time of signing
the contract. However, the party affected by the force majeure shall notify the other party of the event as soon as possible, and shall
send the certificate of the force majeure event issued by the relevant authority to the other party within 15 days after the event occurs.
If the impact of the force majeure event exceeds 120 days, both parties shall negotiate the continuation or termination of the performance
of the contract.

 

4. If the contract is terminated
or terminated in advance, Party A shall stop using the AI core product cloud platform delivered by Party B, and hand over all documents
related to the AI core product cloud platform provided by Party B or improved by Party A to Party B. At the same time, Party A shall unload
all software related to the AI core product cloud platform placed in any memory and recorded in any media.

 

12. Handling methods for temporary events
of contract disputes:

 

In case of any dispute, both
parties shall settle it through friendly negotiation, or submit it to the people’s court with jurisdiction where the defendant is
located for settlement through litigation in accordance with the Civil Code of the People’s Republic of China and other relevant
provisions.

 

13. Components of the Contract

 

All annexes to the Contract
and relevant clarification confirmation (if any) are an integral part of the Contract.

 

14. Confidentiality

 

Both parties undertake that
their respective directors, senior executives, employees and authorized representatives will not disclose the information related to this
contract to any third party, and will only use such information for the purpose of negotiation, conclusion and performance of this contract,
and will not use it for their own interests or the interests of any third party. Both parties agree that violation of this article will
cause incalculable losses to the other party. Therefore, if either party violates the confidentiality obligation specified in this article,
it shall pay the other party twenty percent (20%) of the total contract amount as liquidated damages. The confidentiality period is 5
years from the effective date of this contract.

 

When laws, relevant governments
or relevant regulators force unilateral disclosure of confidential information, both parties agree that the above confidentiality obligations
no longer apply, but the scope of disclosure shall be strictly limited to the scope of disclosure required by laws, governments or regulators.

 

15. Notice

 

1. During the validity period
of this Agreement, if the performance of this Agreement is affected by changes in laws, regulations and policies, or either party loses
the qualification and/or ability to perform this Agreement, the party shall bear the obligation to notify the other parties within a reasonable
time.

 

2. The parties agree that any
notice related to this Agreement shall be effective only if it is delivered in writing. Written forms include but are not limited to:
fax, express delivery, mail and e-mail. The above notice shall be deemed to be delivered at the following time: sent by fax, on the date
when the fax is successfully sent and received by the recipient; Sent by express or personal delivery, on the date the recipient receives
the notice; Sent by registered mail, within 7 working days after sending; It is delivered after the email is sent successfully.

 

16. Matters not covered herein shall
be supplemented by both parties separately.

 

17. This contract is made in duplicate
and shall come into force immediately after being signed and sealed by both parties. One copy for Party A and one copy for Party B, with
the same effect.

 

(No text below)

 

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(There is no text on this page, which is the contract
signing page)

Party A (seal): [Beijing Wanjie Data Technology
Co., Ltd.]

Legal representative or authorized representative:

Address:

Date:

 

Party B (seal): [Shanghai Xiaoi Robot Technology
Co., Ltd.]

Legal representative or authorized representative:

Address:

Date:

 

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Annex I:

 

	Rental quotation of AI core product cloud platform
	

                                                                                 

                                                                                Monetary unit:
RMB

	Serial No	project	Product name	Monthly unit price	quantity	Subtotal	Function Scenario Description
	1	Artificial intelligence core technology platform
	1.1	Intelligent interaction core platform
	1.1.1	Omni channel intelligent service access layer	Xiaoi Robot Intelligent Interaction Core Platform Software V9.0	¥5,000	12	¥60,000	It includes two access layer software, responsible for managing and connecting terminal channels used by direct users, such as WeChat or APP
	1.1.2	Running service, development framework and interface platform layer	Xiaoi robot intelligent interactive interface resource software V9.0	¥36,000	12	¥432,000	Implement the running container and development framework of the application, and customize the application logic for specific purposes according to the development specification
	1.2	Core platform of cognitive computing
	1.2.1	Distributed natural language processing engine platform	Xiaoi robot intelligent engine software V8.0	¥44,500	12	¥534,000	2 engine platforms to realize distributed natural language processing engines, including a series of basic natural language processing engines/modules. It includes Chinese word segmentation, part of speech tagging and entity recognition, syntax and semantic analysis engine, context and scene inference engine. Dual engine high reliability configuration.
	Short text/long text clustering algorithm	Xiaoi robot intelligent engine software V8.0	¥23,000	12	¥276,000	The cosine of sentence vector based on the text semantic topic model is used as the clustering method of distance, and the co-occurrence of sentence segmentation is used as the clustering of distance between categories
	Automatic scene construction algorithm	Xiaoi robot intelligent engine software V8.0	¥23,000	12	¥276,000	The clustering method based on sentence vector is used to aggregate nodes, and the flow of each conversation is obtained in turn to form a complete flow chart
	Time Series Based Association Recommendation Algorithm	Xiaoi robot intelligent engine software V8.0	¥23,000	12	¥276,000	Algorithm Implementation and Recommendation of Sequences Implemented Based on SASREC Model

 

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	1.3	Perceptual computing core platform
	1.3.1	speech recognition system	Intelligent Speech Real time Recognition System V2.0 for Xiaoi Robot	¥400,000	12	¥4,800,000	600 channel concurrent speech recognition, applied to intelligent signature speech recognition scenarios
	1.3.2	Speech synthesis system	Voice Synthesis System V2.0 for Xiaoi Robot	¥400,000	12	¥4,800,000	600 channel concurrent speech synthesis, applied to intelligent speech synthesis scene
	1.3.3	Intelligent vision system	Xiaoi Robot OCR Detection and Recognition Software V1.0	¥30,000	12	¥360,000	Face recognition, OCR text recognition, object recognition
	2	Big data core technology platform
	2.1	Big data basic platform
	2.1.1	Big data basic platform	Zhizhen intelligent data analysis platform software V1.0	¥40,000	12	¥480,000	Based on distributed storage, distributed computing, interactive query, full-text retrieval, data encryption, system disaster recovery and other technologies, it has the functions of big data collection, cleaning, conversion, storage, analysis, display, and provides the integration of standardized access interfaces
	2.2	Data aggregation platform
	2.2.1	Data acquisition and processing system	Zhizhen intelligent data analysis platform software V1.0	¥90,000	12	¥1,080,000	Collect the data information of each business department through rich and flexible adapter service components, and transfer and collect it to the data center front-end library
	2.3	Data application platform
	2.3.1	data collection	Zhizhen intelligent data analysis platform software V1.0	¥80,000	12	¥960,000	Receive the data published by the data broker through the event receiver, create and index the data
	2.3.2	Data analysis	Real time analysis, batch analysis, intelligent analysis, decision tree, prediction analysis, etc
	3	Core technology platform for business support
	3.1	Basic business support platform
	3.1.1	Basic business support platform	Zhizhen Intelligent Unified Capability Management Platform Software V1.0	¥38,000	12	¥456,000	The basic services of the business support technology platform, including the cloud platform capabilities of microservice container architecture, microservice API gateway, service registration and discovery, and automatic development and deployment. Relevant capabilities and resources for docking with other technology platforms and resource platforms.

 

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	3.2	Application management service platform
	3.2.1	Application Category Management	Xiaoi robot intelligent channel access resource software V9.0	¥100,000	12	¥1,200,000	The applications are divided into portal applications, work platform applications, mobile applications and other types
	3.3	Application basic support service
	3.3.1	Unified authorization management	Zhizhen intelligent interactive control software V2.0	¥80,000	12	¥960,000	The management of departments, users, and department user relations, and the realization of an independent company management mechanism. The administrator of an independent company can manage the department, user, and other related information of his own company
	4	Application support core platform
	4.1	Fusion knowledge platform
	4.1.1	Unified knowledge management platform	Intelligent knowledge fusion platform software V3.0 for Xiaoi robot	¥200,000	12	¥2,400,000	Realize the fusion management of multi-channel knowledge, and the supporting knowledge model includes: FAQ knowledge, chapter knowledge, scene knowledge, and table knowledge; Knowledge application includes enterprise knowledge portal and mobile knowledge portal, with specific functions including knowledge homepage, intelligent search, knowledge display and application, knowledge announcement, data report, etc;
	4.1.2	Intelligent search engine	¥100,000	12	¥1,200,000	Full text retrieval supporting knowledge content
	4.1.3	Intelligent semantic engine	¥100,000	12	¥1,200,000	Semantic retrieval supporting knowledge content
	4.1.4	Workflow Engine	¥60,000	12	¥720,000	Support business process settings and work order flow
	4.1.5	Document processing engine	¥60,000	12	¥720,000	Support structured processing, conversion and online preview of word, excel and other documents
	4.2	Intelligent coach
	4.2.1	Intelligent coach platform	Xiaoi Robot Intelligent Training Platform Software V1.0	¥50,000	12	¥600,000	This product mainly provides employees with learning training and simulation training simulating real customer scenarios, while helping enterprises improve training efficiency and reduce operating costs. It has replaced the traditional training boring reading and other inefficient training methods, and has solved the problems of low offline learning efficiency, inability to understand their own performance in real time during training, difficulty for managers to understand training quality, and inability to conveniently manage training records
	4.2.2	Number of user authorizations	¥250,000	12	¥3,000,000	1000 user authorizations

 

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	4.3	Voice outbound call
	4.3.1	Voice outbound system platform	Zhizhen intelligent voice calling platform software V1.0	¥110,000	12	¥1,320,000	Support the unified access and management of multimedia messages of multiple channels; Realize knowledge management, such as multi-channel management, operation and maintenance management, voice management, service management, system management, etc., and provide voice engine training functions;
	4.4	Intelligent seating platform
	4.4.1	Online seats	Xiaoi Robot Intelligent Communication Fusion Platform Software V1.0	¥50,000	12	¥600,000	1. It includes the enterprise management console for setting management and the agent workstation used by the agent login service customers 2. It supports the transmission of multimedia information such as text and pictures (video and audio depend on specific channels) 3. Guest session queuing, automatic allocation/rule setting allocation 4. It supports the setting of multiple skill groups, and the setting of application permissions and use permissions according to skill groups
	4.4.2	Golden Script	¥40,000	12	¥480,000	The assistant agent provides a standard script recommendation (standard question&answer) for fuzzy customer questions for the agent to choose and quickly send answers to customers
	4.4.3	Script Map	¥40,000	12	¥480,000	The auxiliary seats provide a possible script scene map, and recommend scripts and script targets
	4.4.4	Number of seats authorized by users	¥300,000	12	¥3,600,000	Authorization for 1000 seat users
	4.5	Work order system
	4.5.1	Work order system	Xiaoi Robot Work Order System V1.0	¥130,000	12	¥1,560,000	Provide service record, work order generation, record, view, report, etc
	Total products:	¥34,830,000	 
	Total paid in:	¥34,830,000	 

 

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Annex II

 

AI Core Product Cloud Platform
IDC Lease List

 

Monetary unit: RMB

	Serial No	Service Catalog	Unit price (yuan/month)	Lease

 months	Subtotal	explain
	1	ECS
	1.1	128C, 256G memory, 1T storage	¥116,000	12 	¥1,392,000	Install intelligent monitoring service applications and server software
	2	bandwidth
	2.1	100Mbps	¥102,000	12 	¥1,224,000	Bandwidth between server and network communication
	3	security
	3.1	Firewall, IPS, anti-virus, network audit, anti DDOS, waf, vulnerability scanning, log audit, bastion machine, host security, web page tampering	¥215,000	12 	¥2,580,000	System and network and host security
	total:	¥5,196,000	 

 

 

10Exhibit 10.13

 

Software Procurement Contract

 

Party A: Shanghai Xiaoi Robot
Technology Co., Ltd.

Legal representative/person
in charge: Yuan Hui

 

Party B: Beijing Kaiwu Digital
Intelligence Technology Co., Ltd.

Legal representative/person
in charge: Hu Senbiao

 

Based on the principle of honesty,
credibility, equality and mutual benefit, Party A and Party B have reached an agreement on the project of [Industrial Internet Platform
Software Procurement] and signed this contract.

 

Article 1 Contract Content

 

1.1 Party A shall purchase
[Industrial Internet Platform Software] from Party B, and Party B shall provide Party A with corresponding software products, technical
services and guarantees; Party B shall issue the project technical proposal to Party A and provide technical services and guarantees after
being approved by Party A.

 

1.2 The quality requirements
to be met by the project shall be implemented according to the project technical scheme. If there is no project technical scheme, it shall
be implemented according to the current national standards. If there is no national standard, it shall be implemented according to the
industry or relevant industry practice standards.

 

Article 2 Responsibilities
of Party A

 

2.1 Provide relevant data and
specific requirements.

 

2.2 Make necessary coordination
and cooperation during project implementation.

 

2.3 In case of any change in
the scheme, Party A shall notify Party B as early as possible and make a written record.

 

2.4 Cooperate with the project
handover and other related matters between Party B and Party A’s customers.

 

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Article 3 Responsibilities
of Party B

 

3.1 Party B clearly declares
that it has the qualification recognized by the competent government department for the implementation of this contract.

 

3.2 Design and discuss the
scheme in detail with Party A, and answer Party A’s relevant consultation on the system. When Party A conducts business negotiation, Party
B shall assign special personnel to cooperate.

 

3.3 After the contract comes
into force, a project team shall be established by designated professionals. The project team shall be fully responsible for the whole
project process, and the specific person in charge of on-site implementation shall be designated. Together with the project leader of
Party A, the team shall be fully responsible for project management and coordination of problems in the project, management of project
progress, changes in requirements, coordination of our resources and other aspects.

 

3.4 According to the project
requirements, Party B shall assign full-time developers who are fully competent for development and maintenance to participate in the
project. The deployment, working place, working hours and work content of Party B’s project team members are fully subject to Party A’s
management and arrangement. If Party A believes that Party B’s personnel are incompetent for development work, Party B is obliged to replace
unqualified developers according to Party A’s requirements within 3 days.

 

3.5 Party B guarantees that
its own software products and the software products in the technical service achievements of this contract do not contain any obvious
or major defects, errors, malicious, destructive computer viruses, trojans, backdoors and other program designs or code that may cause
unauthorized persons to invade, operate and control computers or computer data.

 

3.6 When providing software
development and maintenance services, Party B shall provide guidance and training to Party A’s personnel according to the project content.

 

3.7 Unless otherwise agreed
in writing by Party A in advance, Party B shall complete the development or maintenance work under this contract by itself, and shall
not subcontract part or all of the development or maintenance work to any third party, nor subcontract the development or maintenance
work in disguised form. Party A has the right to conduct background investigation on Party B’s project personnel, and Party B shall cooperate.

 

3.8 Provide Party A with all
relevant documents (including but not limited to source code, technical data and relevant documents) related to the project implementation.
If they do not conform to Party A’s relevant quality, specifications and safety standards, Party B must rectify them in a timely manner.

 

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3.9 After Party B completes
the project development.

 

3.10 Implement the project
according to the project technical scheme and current national standards; The project shall be completed in strict accordance with the
contract requirements in terms of quality, quantity and time.

 

3.11 Provide detailed technical
documents after completion.

 

3.12 Provide equipment and
technical service materials required by the project.

 

3.13 The free maintenance period
of the project is [1] years (calculated from the date of project acceptance), and Party B provides free maintenance services. After the
free maintenance period expires, Party A may purchase maintenance services from Party B to extend the maintenance period. If the project
exceeds the maintenance period, Party B shall provide paid maintenance, and the maintenance cost shall be separately agreed according
to the actual situation.

 

Article 4 Acceptance

 

After the completion of project
development and before submitting to Party A for business test, Party B shall conduct full test and provide Party A with test reports
and test cases. Party A shall conduct preliminary acceptance of the project deliverables submitted by Party B. If it is found that the
project deliverables do not meet the acceptance standards, it will return them to Party B for re modification. The acceptance standard
shall be subject to the unilateral confirmation of Party A. Party B shall bear the project delay and related losses caused by the failure
to meet the above acceptance standards. The acceptance of Party A does not exempt Party B from its responsibility to guarantee the quality
and intellectual property of the technical service project.

 

Article 5 Project Management

 

Party B guarantees to send
technicians with project experience to provide technical services. Party B shall ensure that the technicians arranged have the necessary
skills for the services agreed in the contract, have obtained the relevant certification, have a serious and responsible working attitude,
can communicate with Party A normally during the project implementation, and obey the command of Party A and the on-site management personnel
of Party A’s customers.

 

Article 6 Price and Payment

 

6.1 The total contract amount
(tax included) of the software product procurement project is RMB [12,737,6 00], and a VAT invoice of [13]% is issued.

 

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6.2 Party A shall pay Party
B in the following ways:

 

[Down payment: Party A shall
pay Party B [20]% of the total contract price, totaling [2,547,520] yuan within [10] days after the contract is signed and takes effect
and the following documents are received from Party B.

 

(1) Special VAT invoice with
corresponding amount and in line with national regulations.

 

(2) One original of payment
notice.

 

Acceptance payment: Party
A shall pay Party B [80]% of the total contract price, amounting to [10,190,080] yuan, within [10] days after acceptance and receipt of
the following documents from Party B.

 

(1) Special VAT invoice with
corresponding amount and in line with national regulations.

 

(2) One original and one
copy of the acceptance certificate.

 

(3) One original of payment
notice.

 

Maintenance cost: The maintenance cost is not included
in the total amount of this software procurement contract. If Party A requires Party B to continue to provide maintenance services after
the expiration of the maintenance period, it shall pay the maintenance cost to Party B within 30 days before the expiration of the maintenance
period. The annual maintenance cost is [10]% of the total contract price, which is RMB [1,273,760].

 

Party B shall issue a special
VAT invoice with the same amount and in accordance with the national regulations before each payment by Party A.

 

6.3 If Party B issues a special
VAT invoice to Party A, Party B shall send a special person or use registered mail or express mail to deliver the invoice to Party A within
[30] days after the invoice is issued, and the date of delivery shall be subject to the date of receipt by Party A; In case of late delivery,
Party B shall pay liquidated damages at the rate of 3/10000 of the amount of the invoice overdue for each day overdue. If Party A cannot
deduct the amount due to late delivery, Party B shall also compensate Party A for the loss incurred, which is equivalent to the deductible
amount of the invoice overdue.

 

6.4 If the special VAT invoice
provided by Party B does not conform to the requirements of laws and regulations or this contract, or fails to pass the tax certification,
Party A has the right to reject it or return it after finding problems, and Party B shall replace it in a timely manner. If it fails to
deliver the special VAT invoice within the time limit agreed in Article 6.3, Party B shall bear the liability for breach of contract in
accordance with Article 6.3.

 

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6.5 All payments of the total
contract fees shall be made by Party A to Party B through [bank transfer] (bank transfer, telegraphic transfer, cheque, etc.). Bank account
information and taxpayer information of Party A and Party B:

 

Party A’s information
is as follows:

Bank of Deposit: [        ]

Account name: [        ]

Account No.: [        ]

Taxpayer Identification No./Unified
Social Credit Code: [        ]

 

Party B’s information
is as follows:

Bank of Deposit: [         .]

Account name: [         .]

Account No.: [         ]

Taxpayer identification number/unified
social credit code: [         ]

 

6.6 If Party B shall pay liquidated
damages and/or bear the liability for compensation according to the contract, Party A has the right to directly deduct the corresponding
amount from any of the above payments.

 

Article 7 Liability for
breach of contract

 

7.1 Party B shall guarantee
the quality of the products and services provided by it. If there are quality problems or other conditions that do not meet the requirements
of this contract, Party B shall be responsible for replacing or improving them (the costs arising therefrom shall be borne by Party B).

 

7.2 Party B shall guarantee
the quality of technical services such as product deployment and launch. If the acceptance is unqualified, Party B shall be responsible
for rework or rectification for free, and shall be responsible for overdue completion, and the payment period of Party A shall be extended
accordingly.

 

7.3 If Party A fails to pay
the contract price to Party B within the time limit, it shall pay Party B [three ten thousand] of the total contract amount as liquidated
damages for each week of delay. If it is less than one week, it shall be counted as one week, and the accumulated liquidated damages shall
not exceed [five percent] of the total contract amount.

 

7.4 If the progress is affected
by Party B’s responsibility, for each day of delay, Party B shall pay liquidated damages to Party A at the rate of 1% of the total contract
amount. If the delay reaches 10 days, Party A has the right to terminate the contract. In addition to returning the amount paid by Party
A, Party B shall also pay liquidated damages to Party A at the rate of 20% of the total contract amount; If the progress is affected by
force majeure or Party A’s reason, the construction period shall be postponed accordingly, and Party B shall not be liable.

 

    Page 5 of 11

     

    

 

7.5 If Party B’s project or
equipment and technical service materials have quality problems or do not conform to the project technical scheme, and cannot be reworked
or rectified on schedule, resulting in delay in the construction period and even causing Party A’s relevant liability for compensation,
Party A may deduct the liquidated damages that Party A should bear from the unpaid contract price Compensation, various expenses paid
by Party A due to urgent replacement of relevant parts or emergency maintenance, and reasonable expenses incurred due to claims, including
lawyer’s fees. If these amounts are insufficient to compensate the claim amount, Party A has the right to propose compensation for the
insufficient part to Party B.

 

7.6 During the warranty period,
if Party B fails to provide services in a timely manner according to the provisions of the contract or fails to perform its warranty obligations,
except for the force majeure reasons specified in the contract, for each delay, Party B shall pay 1% of the total contract price as liquidated
damages. If the liquidated damages are not enough to compensate Party A’s losses, Party B shall compensate Party A for all the expenses
paid for the repair and all the losses caused by the equipment use failure.

 

7.7 If the project cannot be
carried out normally due to Party B’s reasons, Party B shall bear all responsibilities and consequences arising therefrom, and Party B
shall compensate Party A and Party A’s customers for all losses.

 

Article 8 Intellectual Property
and Confidentiality

 

8.1 Party B guarantees that
it owns the ownership and intellectual property rights of the equipment and software provided to Party A and Party A’s customers [or has
been authorized by the obligee], and that Party A and the end user will not infringe the ownership, intellectual property rights and other
rights and interests of any third party when using the equipment or software for the intended purpose.

 

8.2 If anyone files a legal
lawsuit or administrative procedure (collectively referred to as “infringement allegation”), claiming that the equipment and
software achievements used by Party A infringe its intellectual property rights, Party B agrees to compensate Party A for all costs incurred
in this regard, including but not limited to all litigation costs, reasonable attorney’s fees, settlement amount or compensation amount
specified in the final judgment.

 

8.3 The intellectual property
rights and ownership of all project technical solutions, systems or software and related technologies formed in this project belong to
Party B. Without the written permission of Party B, Party A shall not disclose, provide to a third party or use it for other purposes.
Otherwise, Party A shall bear all responsibilities arising therefrom.

 

    Page 6 of 11

     

    

 

8.4 Except for the acts authorized
by this Contract, the data receiver shall protect the confidential information as trade secrets, and shall not copy the confidential information
in part or in whole or disclose it to a third party. The data receiving party may disclose the confidential information provided by the
other party to its employees who really know it is necessary only for the purpose of this contract, but at the same time, it must instruct
its employees to abide by the confidentiality and non disclosure obligations specified in this chapter. The receiving party may only copy
the confidential materials for the purpose of performing its obligations under this contract. After the termination or dissolution of
this contract, the receiving party must return all the confidential materials to the disclosing party and destroy all the copies. The
receiving party shall properly keep the confidential information, and shall be fully responsible for the theft, inadvertent disclosure,
or other events that damage the confidentiality of the confidential information during the receiving party’s period. In case of any loss
to the disclosing party, the receiving party shall be liable for compensation.

 

8.5 In the following cases,
the restrictions on confidential information in this article shall not apply

 

(1) It has entered the public
domain without the fault of the data receiver;

 

(2) It has been proved by relevant
records of the party that it is independently developed by the data receiver;

 

(3) Obtained by the data receiving
party from a person who has not violated the confidentiality obligation to the data disclosing party; Or required by law to be disclosed
by the Data Recipient, provided that the Data Recipient shall notify the Data Discloser in advance at a reasonable time to enable it to
take protective measures it deems necessary.

 

8.6 The confidentiality period
of this contract is ten years from the effective date of the contract.

 

Article 9 Force Majeure

 

If the contract cannot be performed
due to force majeure, the party suffering the force majeure shall immediately notify the other party and submit a certificate issued by
a notary institution to the other party within 15 days. Depending on the influence of force majeure, the party suffering from force majeure
can be exempted from liability in whole or in part; If force majeure occurs after the delay in performance, the liability shall not be
exempted.

 

    Page 7 of 11

     

    

 

Article 10 Miscellaneous

 

10.1 All notices related to
the performance of or in connection with this Contract by both parties must be given in written letters or by means of communication confirmed
by both parties according to the address in this Contract. If it is in the form of letter, it shall be delivered by registered mail or
express mail with good reputation. If registered mail or express mail is used, the date of notification shall be the date of mailing and
the postmark shall prevail. If registered mail or express mail is used, the time when the recipient signs for the registered mail or express
mail (subject to the records of the post office or express company system) shall be the time when the notice is delivered; If the notice
fails to be sent due to the recipient’s reasons (including but not limited to the recipient’s rejection of the written letter, the recipient’s
e-mail address does not exist or the e-mail is full or set for rejection), the notice shall be deemed to have been delivered (the time
of sending the written letter or the time of sending the e-mail specified by the sender shall be deemed as the time of delivery of the
notice).

 

Contact information of both
parties:

Party A: [Shanghai Xiaoi Robot
Technology Co., Ltd]

Address: [7th Floor, No. 398,
Lane 1555, Jinsha Jiangxi Road, Jiading District, Shanghai]

Contact: [Yuan Hui]

Tel.: [021-39518957]

Party B: [Beijing Kaiwu Digital
Intelligence Technology Co., Ltd.]

Address: [408, Floor 4, Building
3, Yard 8, Automobile Museum West Road, Fengtai District, Beijing]

Contact: [Hu Senbiao]

Tel.: [010-53558875]

 

If any of the above information
is changed, the changing party shall notify the other party in writing in a timely manner. If it fails to notify the other party in a
timely manner and affects the performance of this contract or causes losses, it shall bear corresponding responsibilities.

 

10.2 Annexes to the Contract:

 

[Annex 1: Procurement List
of Industrial Internet Platform Software]

 

The annex is an integral part
of this contract and has the same legal effect as the text of the contract.

 

10.3 Any dispute arising from
or in connection with this Contract shall be settled by both parties through negotiation; If the negotiation fails, a lawsuit shall be
filed with the local people’s court where Party A is located.

 

10.4 This Contract is made
in [four] copies, with each party holding [two] copies. The Contract shall come into force as of the date when the representatives of
both parties sign and affix their official seals.

 

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10.5 Without the consent of
the other party, neither party shall disclose the signing of this contract and its contents (including but not limited to project technical
proposal, business quotation, etc.) to any third party. This restriction shall not apply to the information disclosed by Party B to its
affiliated companies.

 

10.6 Any matters related to
the Contract but not expressly specified in the Contract shall be settled by both parties through friendly negotiation. Any modification
and supplement to the Contract shall be made in written form and become an integral part of the Contract after being signed and sealed
by both parties. In case of conflict between this Contract and its supplementary contract or supplementary agreement, the supplementary
contract or supplementary agreement shall prevail.

 

10.7 Without the written permission
of the other party, neither party shall use or copy the other party’s business name, trademark, design, service mark, symbol, code, model
or abbreviation in advertising or in public places, and neither party shall claim ownership of the other party’s business name, trademark,
drawing, service mark, symbol, code, model or abbreviation.

 

10.8 Nothing in this Contract
shall be deemed or interpreted as a joint venture, partnership or agency relationship between the Parties.

 

10.9 This Contract replaces
all previous oral or written minutes, memorandums, contracts and agreements of both parties on the matters under this Contract.

 

Party A: [Shanghai Xiaoi Robot Technology Co.,
Ltd.]

Legal representative/person in charge

Or authorized representative:

 

Date:

 

Party B: [Beijing Kaiwu Digital Intelligence Technology
Co., Ltd.]

Legal representative/person in charge

Or authorized representative:

 

Date:

 

    Page 9 of 11

     

    

 

Appendix 1: Procurement List of Industrial
Internet Platform Software

 

	Serial No	modular	Module Description	Construction content	Price (tax included)
	1	Enterprise digital diagnosis platform	The diagnosis of enterprise digital maturity is the starting point of enterprise digital transformation and upgrading. Through the professional enterprise digital core competitiveness evaluation and diagnosis service, it can quickly help enterprises understand the status quo, conduct cause analysis, provide transformation and upgrading suggestions, and also realize the rapid collection of industrial big data enterprise basic information. The government departments can further find out the construction level of enterprises in the area of intelligent manufacturing and industrial Internet through enterprise digital diagnosis, scientifically release the cloud map of regional intelligent manufacturing and industrial Internet maturity, provide decision-making basis for precise investment promotion and industrial chain optimization, improve the rationality of industrial innovation resource allocation, and accelerate the improvement of industrial Internet industry ecological construction in the area.	
    ● Self assessment
    of enterprise digital maturity to promote the start of enterprise digital transformation and upgrading

    ● Through
    online diagnosis and expert diagnosis, help enterprises understand the status quo, conduct cause analysis, and provide transformation
    and upgrading suggestions

    ● Realize
    rapid collection of basic information of industrial big data enterprises

    ● Industrial
    Internet maturity cloud map, enterprise/industry digital portrait

    ● Provide
    decision-making basis for precise investment promotion and industrial chain optimization, and improve the rationality of industrial innovation
    resource allocation
	2,218,100

 

    Page 10 of 11

     

    

 	2	Enterprise equipment intelligent network platform	The enterprise equipment intelligent network platform is an Internet of Things cloud service platform integrating factory equipment connection, data fusion and digital twin applications. Through cloud side collaboration technology, the platform realizes the factory cloud network side global equipment interconnection and massive data integration, and combines video AI and big data technology to create an industrial base for digital twins and data intelligence, so as to achieve the improvement and value development of industrial big data equipment side information. The Industrial Smart Connect platform can quickly access different industrial equipment of enterprises, adapt to various industrial protocols, and help enterprises quickly achieve unified and centralized management of equipment, obtain equipment status, control equipment operation parameters, etc.	
    ● Assist enterprises
    to quickly realize equipment networking and centralized management

    ● AI and
    big data technology to create an industrial base for digital twins and data intelligence

    ● Count
    the number of equipment access in different industries to form a portrait of industrial equipment automation level

    ● Count
    the number of different types of equipment connected to form statistics of high energy consumption, clean energy and key energy consuming
    equipment
	3,589,500
	3	Enterprise digital empowerment platform	The
    enterprise digital enabling platform can help the factory reduce production and operation costs, improve operation and management
    efficiency. The full use of industrial big data can help the factory achieve the problem of coordination of all elements of human,
    machine, material, law, environment and measurement. The application scope covers the production executive level, business
    management level and operation decision-making level. The application scenarios include customer management, production management,
    inventory management, quality management, equipment management, energy consumption management Security management, full data system
    docking, digital twins and industrial AI, etc.	
    ● CRM,
    SCM, ERP, MES, WMS and other industrial APP applications

    ● Solution
    description and successful case demonstration

    ● Enterprise
    energy consumption, safety and environment production big data monitoring

    ● Display
    of industrial digital application activity

    ● Enterprise
    digital assets incremental display
	6,930,000
	4	total	 	 	12,737,600

 

 

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