Document:

EX-10.6

 Exhibit 10.6 

Execution version 
 Exclusive
Technology Service Agreement 
 This Exclusive Technology Service Agreement (this “Agreement”) is signed by and between the
following parties in Shanghai, the People’s Republic of China (“China”) on April 21, 2015: 
  

	(1)	 Shanghai Qingke E-commerce Co., Ltd. (“Party
A”)  

	 	Registered	 address: Section A, F/3, Building No.1, 1288 Boxue Road, Malu 

Town, Jiading District, Shanghai  

Legal representative: Guangjie Jin 
  

	(2)	 Shanghai Qingke Investment Consulting Co., Ltd. (“Party B”) 

	 	Registered	 address: Room C4, F/2, Building No.2, 317 Meigui North Road, 

China (Shanghai) Free Trade Pilot Area  

Legal representative: Guangjie Jin 
 (The
above parties are hereinafter individually referred to as a “Party” and collectively as the “Parties”.) 

Preamble 
 Whereas
Party A is a limited liability company incorporated and lawfully existing in Shanghai, China and its main business includes online and offline house leasing and agency leasing, furniture and appliance leasing, online and offline leasing information
Service, platform Service, property management Service and supporting Services of the aforementioned business; 
 Whereas Party B is a
wholly foreign-owned limited liability company incorporated and lawfully existing in Shanghai, China and its main business includes investment consulting, business information consulting, investment management, technical consulting, technical
development, technical Services, technology transfer in the field of computer science and technology and the import and export of goods and technology. 

Whereas Party A requires Party B to provide consulting, technical support and relevant business Services of Party A (as defined below), and
Party B agrees to provide such Services. 
 Therefore, both Parties, through friendly consultation, reached the agreement as follows: 

Article 1      Definitions 
  

	1.1	 Except the terms or context requires otherwise, the following words shall have the following meanings when used
herein: 

  

			
	“Annual Business Plan”	  	refers to the business development plan and budget report for the next calendar year prepared by Party A before November 30 each year with the assistance of Party B in accordance with this
Agreement.

  
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	“Business Results”	  	refers to any and all software and technologies developed by Party A in connection with its business on the basis of the Services provided by Party B hereunder.
		
	“Client Information”	  	has the meaning set out in Article 6.1 hereof.
		
	“Confidential Information”	  	has the meaning set out in Article 6.2 hereof.
		
	“Breaching Party”	  	has the meaning set out in Article 11.1 hereof.
		
	“Breach”	  	has the meaning set out in Article 11.1 hereof
		
	“Equipment”	  	refers to any and all Equipment owned by or purchased from time to time by Party B for the purpose of providing Services.
		
	“Non-breaching Party”	  	has the meaning set out in Article 11.1 hereof.
		
	“Party A’s Business”	  	refers to the online platform sales, exhibition and sales Services, sales of furniture and building materials and Internet financial Services of furniture and home decoration products operated and developed by Party A at any time
during the term hereof.
		
	“Receiving Party”	  	has the meaning set out in Article 6.2 hereof.
		
	“The Rights”	  	have the meaning set out in Article 13.5 hereof.
		
	“Services”	  	 refer to the consulting, technical support and other Services exclusively provided by Party B to Party A in connection with Party A’s
Business, including online platform sales of furniture and home decoration products, exhibition and sales Services, sales of furniture and building materials, comprehensive solutions and implementation of Internet finance business, and operation and
maintenance Services of the information technology system and website of Party A. Such Services include but are not limited to:
  

(1)   License Party A to use the relevant software required by its business;

 
 (2)   Provide the right to use
the computer and network hardware Equipment required by Party A’s Business;
  

(3)   Provide Party A with comprehensive solutions in information technology needed by Party
A’s Business;
  

(4)   Conduct Daily management, maintenance and update of hardware Equipment and
database;

  
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		  	 (5)   Develop, maintain and update relevant application software;

 
 (6)   Provide training for the
professionals of Party A on online platform sales of furniture and home decoration products, exhibition and sales Services, sales of furniture and building materials, and Internet financial business;

 
 (7)   Assist Party A in
collecting and investigating relevant technical information;
  

(8)   Other relevant technical Services and consulting Services provided from time to time upon
request of Party A.

		
	“Service Fee”	  	refers to all the fees payable by Party A to Party B for the consultancy, technical support and other Services provided by Party B in accordance with Article 3 hereof.

  

	1.2	 Any reference to any laws or regulations (“Laws”) shall be deemed to: 

 

	 	(1)	 be the Laws as amended, modified, added and re-enacted, whether they
take effect before or after the date hereof; and; 

  

	 	(2)	 include other decisions, notifications and regulations formulated in accordance with, or take effect as a
result of, the Laws. 

  

	1.3	 Unless otherwise specified herein, any reference to article, clause or provision shall mean the article, clause
or provision of this Agreement. 

 Article 2      Services 

 

	2.1	 To better develop Party A’s Business, Party A needs the Services provided by Party B, and Party B agrees
to provide Party A with such Services. Therefore, during the term hereof, Party A appoints Party B as its exclusive provider of consultancy, software and technical Services, and Party B agrees to accept such appointment. Both Parties understand that
the Services practically provided by Party B are limited to the approved business scope of Party B. If Party A requires party B to provide Services beyond the approved business scope, Party B shall apply for expansion of its business scope to the
maximum extent permitted by law and provide relevant Services upon approval of expansion of its business scope. 

  

	2.2	 Party B shall provide Party A with Services as agreed herein and Party A shall, with its utmost effort, provide
convenience for the Services of Party B. 

  

	2.3	 Notwithstanding the other provisions hereof, Party B is permitted to designate any third party to provide any
or all Services hereunder or perform any obligations on behalf of Party B. Party A hereby agrees that Party B is permitted to transfer any right and obligation hereunder to any third party. 

  
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 Article 3      Service Fee 

 

	3.1	 With respect to the Services provided by Party B provided in Article 2 hereof, Party A agrees to pay the
Service Fee in accordance with Article 3.2, which includes: 

  

	 	(1)	 Performance Service Fee equivalent to a certain percentage of total annual income of Party A, which shall be
determined by the supplemental agreement signed by both Parties; and 

  

	 	(2)	 With respect to the Service Fees of specific technical Service and consultancy Service provided by Party B as
required by Party A from time to time, Party A shall pay the Service Fee separately as quoted by Party B. 

  

	3.2	 With respect to the depreciation fee of the Equipment provided by Party B for actual use (the amount of such
depreciation fee shall be the amount calculated by dividing the actual value of the Equipment Party A used by the depreciation period determined by both Parties each year), Party B may require Party A to make monthly payments based on actual
conditions. 

  

	3.3	 Both Parties agree to pay the Service Fee in accordance with the following provisions: 

 

	 	(1)	 Party A shall pay Party B the Equipment depreciation fee (if any) on a monthly basis. Party A shall, before the
tenth (10th) working day of each month, pay Party B the Equipment depreciation fee of the previous month mentioned in Article 3.2 hereof. 

  

	 	(2)	 Party A shall pay the performance Service Fee as provided in Article 3.1 (1) on an annual basis. After the end
of each accounting year of Party A, both Parties shall conduct a general accounting for the actual performance Service Fees payable by Party A in accordance with the total business income of Party A in the previous year as confirmed by the audit
report issued by the Chinese CPA firm recognized by both Parties, and make corresponding payment adjustment (refund for any overpayment or a supplemental payment for any deficiency) within fifteen (15) working days upon the issuance of such
audit report. Party A undertakes that Party A shall provide all necessary information and assistance to the relevant Chinese CPA firm, and shall procure it to complete the audit report of the previous year within thirty (30) working days at the
end of each year. 

  

	 	(3)	 Both Parties shall decide the payment methods of the Service Fee provided in Article 3.1 (2) hereof.

  

	3.4	 Party A shall transfer all Service Fees to the bank account designated by Party B as provided in this Article.
If Party B changes its bank account, it shall give a written notice to Party A seven (7) working days in advance. All bank charges arising from the payment shall be borne by Party A. 

 

	3.5	 Both Parties agree to sign a supplemental agreement each year in the form provided in Appendix I to confirm the
specific amount of performance Service Fee provided in Article 3.1 (1) and Equipment depreciation fee provided in Article 3.2 payable by Party A in the current year. 

 

	3.6	 Party B may adjust the proportion and/or the specific amount of the Service Fee payable by the company to Party
B under Article 3.1 based on the Services required by Party A and the actual business operation of Party A in the previous year. Party A shall not refuse such adjustment without reasonable causes. 

  
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 Article 4      Obligations of Party A 

 

	4.1	 The Services provided by Party B shall be exclusive. During the term hereof, Party A shall not, without the
prior written consent of Party B, enter into any agreement with any third party, or engage such third party to provide it with other Services identical to or similar to those provided by Party B. 

 

	4.2	 Party A shall provide Party B with the final annual business plan of the next year before November 30 each
year, thus Party B may develop corresponding Service plan and acquire necessary software, Equipment and technical Services. If Party A needs Party B to provide additional Equipment temporarily, it shall consult Party B fifteen (15) days in
advance to reach agreement. 

  

	4.3	 To facilitate the Service provided by Party B, Party A shall provide Party B with relevant information in a
precise and timely manner as required by Party B. 

  

	4.4	 Party A shall pay full Service Fee to Party B in a timely manner as provided in Article 3 hereof.

  

	4.5	 Party A shall maintain its good reputation and actively expand its business, striving to maximize its profits.

  

	4.6	 During the term of this Agreement, Party A agrees to cooperate with Party B and its parent company (including
directly or indirectly) to conduct audit on related party transaction and other kinds of audit and provide Party B, its parent company, or its entrusted auditor with relevant information and materials related to the operation, business, customers,
finance, employees of the company. Party A also agrees that the parent company of Party B may disclose such information and materials to comply with the regulatory requirements of the place where its securities are listed. 

Article 5      Intellectual Property 

 

	5.1	 Party B shall own the intellectual property Party B originally owns or the intellectual property acquired by
Party B during the term hereof, including the work results created in the course of provision of Services. 

  

	5.2	 Since the business conducted by Party A relies on the Services provided by Party B, Party A agrees the
following arrangements with respect to any works or business-related technologies (“Business Results”) developed by Party A on the basis of such Services: 

 

	 	(1)	 If the Business Result is obtained from further development of Party A as entrusted by Party B, or the co-development of both Parties, the ownership and application right of relevant intellectual property are all owned by Party B. 

 

	 	(2)	 If the Business Results acquired by Party A through further independent development, the ownership shall remain
with Party A, provided that (A) Party A shall promptly inform Party B of the details of such Business Results and provide the relevant information as required by Party B; (B) If Party A intends to license or transfer such Business Results,
it shall give priority to Party B or grant an exclusive license to Party B without violating the mandatory provisions of Chinese laws and Party B may use such Business Results within the scope specifically transferred or licensed by Party A
(However, Party B is entitled to decide whether to accept such transfer or license); only when Party B waives the priority to purchase the ownership or exclusive rights of such Business Results, can Party A transfers the ownership or license the
right of use of such Business Results to any third party on conditions (including but not limited to transfer price or license fee) that are not more favorable to Party B. Party A shall ensure that such third party fully complies with and performs
the duties and obligations of Party A hereunder; (C) Except as set forth in (B) above, Party B is entitled to request the purchase of such Business Results within the period provided in Article 8.1 hereof. At that time, Party A shall,
without violating the mandatory provisions of Chinese laws, approve such purchase by Party B at the purchase price of RMB1.00 or other minimum price permitted then by laws. 

  
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	5.3	 If Party B is licensed with the exclusive use of the Business Results in accordance with Article 5.2 (2), such
license shall be subject to the following provisions: 

  

	 	(1)	 The term of license shall not be less than five (5) years (from the effective date of the relevant
licensing agreement); 

  

	 	(2)	 The scope of such license shall be defined to the maximum extent possible; 

 

	 	(3)	 During the term and territory of license, no other party (including Party A) shall use or permit others to use
such Business Results in any way except Party B; 

  

	 	(4)	 After the term of license expires, Party B is entitled to request renewal of the license agreement and Party A
shall agree with such renewal. The terms of the license agreement shall remain unchanged, except for the changes approved by Party B. 

  

	5.4	 Notwithstanding the Article 5.2 (2) hereof, the application of the patent or copyright for the Business Results
provided herein shall be made in accordance with the following provisions: 

  

	 	(1)	 If Party A intends to apply any patent or copyright with respect to any Business Results provided herein, it
shall obtain the prior written consent of Party B. 

  

	 	(2)	 Party A may apply for the patent/copyright of the Business Results or transfer such patent/copyright of the
Business Results to the third party, provided that Party B waives its right to purchase such application right of Business Results. In the event that Party A transfers the said application right to a third party, Party A shall ensure that such third
party fully complies with and performs the duties and obligations of Party A hereunder. Meanwhile, the conditions for Party A to transfer the said application right (including but not limited to the transfer price) to a third party shall not be more
favorable to those it offers to Party B pursuant to Paragraph 3 hereof. 

  

	 	(3)	 During the term hereof, Party B may at any time request Party A to apply for the patent/copyright of such
Business Results, and decide, in its own discretion, whether it will purchase such application right. Upon the request of Party B, Party A shall transfer such application right to Party B at the price of RMB1.00 or other minimum price permitted then
by law, without violating the mandatory provisions of Chinese laws. Party B shall be the legal owner of such patent/copyright after it obtains the application right of the Business Results. 

  
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	5.5	 Party A hereby warrants that Party A will compensate Party B for any and all economic losses caused by any
infringement of intellectual property rights (including copyrights, trademarks, patents and proprietary technologies) by itself. 

Article 6      Confidentiality 
  

	6.1	 During the term of this Agreement, all client information and other information related to Party A’s
Business and the Services provided by Party B (“Client Information”) shall be owned by both Parties. 

  

	6.2	 Whether this Agreement is terminated or not, both Parties shall keep strictly confidential the Confidential
Information obtained by them during the performance of this Agreement. For the purpose of this Agreement, “Confidential Information” refers to any trade secrets and proprietary information of the other Party, Client Information and
other relevant information shared by both Parties, non-public information of any other Party, any contract, agreement, memorandum, appendix, draft or record signed by both Parties for the purpose of this
Agreement (including this Agreement). The Party receiving the Confidential Information (the “Receiving Party”) shall not disclose the Confidential Information or any part thereof to any third party, except with the prior written
consent of the other Party or as required by relevant laws and regulations or listing requirements. The Receiving Party shall not use, directly or indirectly, the Confidential Information or any part thereof, except for the purpose of performance of
this Agreement. Upon the termination of this Agreement, Party A shall, at the request of Party B, return all documents, materials or software containing the Confidential Information to Party B, or destroy such documents, materials or software by
itself, and delete any Confidential Information from any relevant memory devices, and shall not use such Confidential Information any more. 

  

	6.3	 The following information shall not be deemed as Confidential Information: 

 

	 	(1)	 Any information that is previously known to the Receiving Party through legal means as evidenced by written
documents; 

  

	 	(2)	 Information that enters the public domain without the default of the Receiving Party or information that is
known to the public due to other reasons; 

  

	 	(3)	 Information disclosed with prior written consent of the other Party hereto; 

 

	 	(4)	 Information legally obtained by the Receiving Party from other sources. 

 

	6.4	 The Receiving Party may disclose the Confidential Information to its relevant employees, agents or designated
professionals, provided that it shall ensure that the said persons are also bound by this Agreement and keep confidential such Confidential Information and use such Confidential Information only for the purpose of performance of this Agreement. The
disclosure of any Confidential Information by any employee or agent employed by either Party shall be deemed as the disclosure by such Party itself, who shall be liable for any legal liability resulting therefrom. 

  
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 Article 7      Representations, Warranties and Undertakings

  

	7.1	 Party A hereby represents, warrants and undertakes that: 

 

	 	7.1.1	 It is a limited liability company duly registered and lawfully existing under the laws of the jurisdiction with
which it registered with independent legal personality. It has complete and independent legal status and legal ability to sign, deliver and perform this Agreement and can act as the subject of litigation of either party independently.

  

	 	7.1.2	 It has full power and authority to enter into and deliver this Agreement and all other documents in connection
with the transactions provided herein and complete the transactions provided herein. It has taken necessary corporate actions and appropriate authorization and obtained the consent and approval of any third Party and government departments without
violating the restrictions of governing laws and contracts. This Agreement is duly executed and delivered by Party A and constitutes a legal and binding obligation on Party A, which is enforceable in accordance with the terms hereof.

  

	 	7.1.3	 It shall promptly apply for the complete business license required for its business operation, so as to ensure
that it has sufficient right and qualification to operate the online platform sales, exhibition Services, the sales of furniture and construction materials, Internet finance business and other businesses it is currently engaged in in China.

  

	 	7.1.4	 It shall provide Party B with financial statements of the current quarter within fifteen (15) working days
after the end of each quarter, as well as the financial statements of the current year and budget of the next year within thirty (30) working days after the end of each year. 

 

	 	7.1.5	 It shall promptly inform Party B of the litigation involved and other adverse circumstances, and shall, with
its utmost effort, prevent further losses. 

  

	 	7.1.6	 Without written consent of Party B, Party A shall not dispose of its important assets in any form, nor shall it
change its existing equity structure. 

  

	 	7.1.7	 Upon written requests by Party B, Party A shall use all accounts then receivable and/or all other assets
lawfully owned and disposed of by Party A, in such manner as may be permitted then by laws, as a guarantee for its performance of obligations related to the payment of Service Fee provided in Article 3 hereof. 

 

	 	7.1.8	 Without the written consent of Party B, Party A shall not enter into any other agreement or arrangement in
conflict with this Agreement or which may prejudice Party A’s rights and interests hereunder. 

  

	7.2	 Party B hereby represents and warrants that: 

 

	 	7.2.1	 It is a limited liability company duly registered and lawfully existing under the laws of the jurisdiction in
which it is registered with independent legal personality. It has complete and independent legal status and legal ability to sign, deliver and perform this Agreement and can act as the subject of litigation of either party independently.

  
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	 	7.2.2	 It has full power and authority to enter into and deliver this Agreement and all other documents in connection
with the transactions provided herein and complete the transactions provided herein. It has taken necessary corporate actions and appropriate authorization and obtained the consent and approval of any third party and government departments without
violating the restrictions of governing laws and contracts. This Agreement is duly executed and delivered by Party B and constitutes a legal and binding obligation on Party B, which is enforceable in accordance with the terms hereof.

 Article 8      Term and Termination 

 

	8.1	 The Parties hereby confirm that this Agreement is duly signed by the Parties and shall remain in force for a
period of twenty (20) years unless otherwise terminated in writing. During the term of this Agreement, if either Party proposes not to renew this Agreement, it shall notify the other Party in writing no later than thirty (30) days before
the expiration of the term of this Agreement. Otherwise, the validity hereof shall be automatically extended for ten (10) years, and both Parties shall continue to perform this Agreement. 

 

	8.2	 After the termination hereof, both Parties shall still abide by their obligations under Article 6 and Article
11 hereof. 

  

	8.3	 If the business term of either Party expires during the term of this Agreement, such Party shall renew its
business term so that this Agreement shall continue to be valid and enforceable. The Parties shall, within three (3) months prior to the expiration of their respective business term, complete the approval and registration procedures for the
renewal of their business terms, so as to extend the validity of this Agreement. If the application of either Party for the renewal of the business term is not approved or consented by any competent authority, this Agreement shall be terminated upon
the expiration of the business term of such Party. 

  

	8.4	 Early termination or expiration hereof for any reason shall not release either Party from all payment
obligations (including but not limited to the Service Fee) hereunder on or before the date of termination or expiration, nor shall it release either Party from any liability for the Breach that has occurred before the termination hereof. The Service
Fee payable prior to the termination of this Agreement shall be paid to Party B within fifteen (15) working days from the date of termination of this Agreement. 

Article 9      Indemnity 

Party A shall indemnify or hold Party B harmless against all losses arising from the provision of Services, including but not limited to any losses arising
from litigation, recovery, arbitration, claim or administrative investigation or punishment by any third party against Party B. However, in case of any loss caused by the intentional or gross negligence of Party B, such loss shall not be
compensated. 
 Article 10      Notice 

 

	10.1	 All notice, request, demand and other communication required or sent under this Agreement shall be served in
writing to the Party concerned. 

  

	10.2	 The said notice and other communications, if sent by fax or telex, shall be deemed to have been served once it
is delivered; if sent in person, shall be deemed to have been served once it is delivered face-to-face; if sent by post, shall be deemed to have been served five
(5) days after posting. 

  
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 Article 11      Liability for Breach 

 

	11.1	 Both Parties agree and confirm that if either Party (the “Breaching Party”) materially
breaches any provisions hereof or fails to perform any of its obligations hereunder, it shall constitute a breach of this Agreement (the “Breach”). In such case, the non-breaching Party (the
“Non-breaching Party”) shall be entitled to require the Breaching Party to rectify the Breach or take remedial measures within a reasonable period of time. If the Breaching Party fails to do
so within the reasonable period of time or within ten (10) days after receiving the written notice of the Non-breaching Party, and if the Breaching Party is Party A, the
Non-breaching Party shall be entitled to take the following measures at its own discretion: (1) terminate this Agreement and demand full damages from the Breaching Party; (2) require the Breaching
Party to continue to perform its obligations hereunder and compensate all damages resulting therefrom. If the Breaching Party is Party B, the Non-breaching Party shall be entitled to require the Breaching
Party to continue to perform its obligations hereunder and compensate all damages resulting therefrom. 

  

	11.2	 Both Parties agree and confirm that under no circumstances shall Party A require the termination of this
Agreement unless otherwise provided by law or this agreement. 

  

	11.3	 Notwithstanding other provisions hereof, the validity of Article 11 shall not be affected by the suspension or
termination of this Agreement. 

 Article 12      Force Majeure 

 

	 	•	 	 If either Party fails to perform this Agreement due to earthquake, typhoon, flood, fire, war, computer virus,
tool software design vulnerability, Internet by hackers, policy, law changes and other force majeure events that are not foreseeable or whose consequences cannot be prevented or avoided, the Party in the event of such force majeure event shall
immediately send a notice to the other Party by fax and, within thirty (30) days, provide the details of the force majeure event and documentary proof of the reasons why such Party fails or delays to perform this Agreement. Such documentary
proofs shall be issued by a notary office in the place where the force majeure occurs. Based on the impact of the force majeure event on the performance hereof, the parties shall, in accordance with the impact of the force majeure event on the
performance hereof, decide whether the performance hereof is exempted in whole or in part or postponed. Neither party shall be responsible for indemnity claims caused by the economic loss arising from force majeure events. 

Article 13      Miscellaneous 
  

	13.1	 This Agreement is made in Chinese and in duplicate, with each Party holding one of them, which shall have the
same legal effect. 

  

	13.2	 The execution, validity, performance, modification, interpretation and termination of this Agreement shall be
governed by the laws of China. 

  

	13.3	 Any dispute arising out of or in connection with this Agreement shall be settled by both Parties through
negotiation. If such negotiation fails within thirty (30) days after the dispute arises, either Party may submit the dispute to the Shanghai International Economic and Trade Arbitration Commission for arbitration by three (3) arbitrators
appointed in accordance with the then effective rules of the arbitration center. The arbitral award shall be conclusive and binding upon both Parties. 

  
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	13.4	 Any rights, powers and remedies granted to the Parties by any provision hereof shall not preclude any other
rights, powers or remedies enjoyed by the Parties pursuant to law and other provisions hereof, nor the exercise of any single rights, powers and remedies by either Party shall preclude the exercise of any other rights, powers and remedies by such
party. 

  

	13.5	 Any failure or delay by either Party to exercise any of its rights, powers and remedies hereunder (the
“Rights”) shall not constitute the waiver by such Party of the Rights, nor any single or part waiver of the Rights shall preclude any further exercise of the Rights. 

 

	13.6	 The headings of the articles of this Agreement are for reference only and shall not be used or affect the
interpretation of such articles. 

  

	13.7	 This Agreement shall constitute the entire agreement between the Parties hereto and supersede all other prior
agreements, written or oral, in connection with the subject matters hereof. 

  

	13.8	 Each provision of this Agreement shall be severable and independent of each other. If any provisions of this
Agreement become invalid, illegal or unenforceable, the validity, legality and enforceability of the other provisions shall not be affected. 

  

	13.9	 Any amendment or supplement to this Agreement shall be made in writing and shall not come into force unless it
is duly executed by the Parties. 

  

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

  

	13.11	 This Agreement shall be binding upon the legal successors of both Parties. 

 

	13.12	 The Parties undertake that they will declare and pay the taxes related to the transactions hereunder in
accordance with the law. 

 (No Body Text Below) 

  
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 (This is the signature page of the Exclusive Technology Service Agreement only) 

IN WITNESS WHEREOF, this Exclusive Technology Service Agreement is duly executed by the following Parties on the date and place first written above. 

Party A: 
 Shanghai Qingke
E-commerce Co., Ltd. (Seal) 
 (Sealed) 

Legal representative: Guangjie Jin 

Authorized representative (Signature):
/s/ Guangjie Jin                                    
     

 (This is the signature page of the Exclusive Technology Service Agreement only) 

IN WITNESS WHEREOF, this Exclusive Technology Service Agreement is duly executed by the following Parties on the date and place first written above. 

Party B: 
 Shanghai Qingke Investment Consulting Co., Ltd.
(Seal) 
 (Sealed) 
 Legal Representative: Guangjie Jin 

Authorized Representative (Signature):
/s/ Guangjie Jin                                    
     

 Appendix I 

Form of Supplemental Agreement 
 This
Supplemental Agreement of this Exclusive Technology Service Agreement (the “Supplemental Agreement”) is signed by and between the following parties in              City,
China on             : 
  

	(1)	 Shanghai Qingke E-commerce Co., Ltd. (“Party
A”) 

  

	 	Registered	 address: Section A, F/3, Building No.1, 1288 Boxue Road, Malu 

 Town, Jiading District, Shanghai 

Legal representative: Guangjie Jin 
  

	(2)	 Shanghai Qingke Investment Consulting Co., Ltd. (“Party B”) 

 

	 	Registered	 address: Room C4, F/2, Building No.2, 317 Meigui North Road, 

 China (Shanghai) Free Trade Pilot Area 

Legal representative: Guangjie Jin 
 (The
above parties are hereinafter individually referred to as a “Party” and collectively as the “Parties”.) 
 In accordance
with the Exclusive Technology Service Agreement signed by and between both Parties on                 , 2015, the Parties hereby enters into the following
Supplemental Agreement: 
 In accordance with Article 3 (1) of the Exclusive Technology Service Agreement, Party A shall pay Party B the following Service
Fees: 
  

	(1)	 the Performance Service Fee each year equivalent to     % of its total annual income;

  

	(2)	 the depreciation fee of Equipment of RMB          on a monthly basis.

 At the end of              and after the Service Fee is adjusted in
accordance with Article 3.3 (2) of the Exclusive Technology Service Agreement, the total amount of Service Fee that payable by Party A to Party B in the year of      shall be no less than 100% of the total annual net
profit (after tax) of Party A of the same year. 
 (No Body Text Below) 

 (This is the signature page of the Appendix I: Form of Supplemental Agreement to the
Exclusive Technology Service Agreement only) 
 IN WITNESS WHEREOF, this Supplemental Agreement is duly executed by the following Parties on the date
and place first written above. 
 Party A: 

Shanghai Qingke E-commerce Co., Ltd. (Seal) 

Legal representative: Guangjie Jin 

Authorized representative (Signature):
                                        

 (This is the signature page of the Appendix I: Form of Supplemental Agreement to the
Exclusive Technology Service Agreement only) 
 IN WITNESS WHEREOF, this Supplemental Agreement is duly executed by the following Parties on the date
and place first written above. 
 Party B: 

Shanghai Qingke Investment Consulting Co., Ltd. (Seal) 

Legal representative: Guangjie Jin 

Authorized representative (Signature):EX-10.7

 Exhibit 10.7 

Execution version 
 Exclusive
Option Agreement 
 This Exclusive Option Agreement (this “Agreement”) is signed by and among the following Parties in Shanghai,
the People’s Republic of China (“China”) on April 21, 2015: 
  

	1.	 Shanghai Qingke E-Commerce Co., Ltd. (“Qingke E-Commerce”) 

 Registered address: Section A, F/3, Building No.1, 1288 Boxue
Road, Malu Town, Jiading District, Shanghai 
  

	2.	 Guangjie Jin, a Chinese citizen (ID Card No.: [***]) 

 

	3.	 Bing Xiao, a Chinese citizen (ID Card No.: [***]) 

 

	4.	 Xiamen Siyuan Investment Management Co., Ltd. 

Registered address: Section B, Room 365, 859 Lianqian West Road, Siming District, Xiamen City 

(The parties mentioned in Items 2, 3 and 4 above, collectively as “Existing Shareholders”) 

 

	5.	 Shanghai Qingke Investment Consulting Co., Ltd (the “WFOE”) 

Registered address: Room C4, F/2, Building No.2, 317 Meigui North Road, China (Shanghai) Free Trade Pilot Area 

(The above parties are hereinafter individually referred to as a “Party” and collectively as the “Parties”.) 

WHEREAS: 
  

	(1)	 As of the date hereof, the Existing Shareholders hold 100% of equity of Qingke
E-commerce in accordance with the law, in which Guangjie Jin holds 74.53 %, Bing Xiao 10.47 %, and Xiamen Siyuan Investment Management Co., Ltd 15 %. 

 

	(2)	 The Existing Shareholders intend to transfer to the WFOE and/or any other entity or individual designated by
WFOE all of the equity they hold in Qingke E-commerce to the extent permitted by the Laws of China, and WFOE intends to accept such transfer. 

 

	(3)	 To effect the said equity transfer, the Existing Shareholders agree to grant an exclusive and irrevocable
equity transfer option (the “Equity Transfer Option”) to WFOE. According to this option, the Existing Shareholders shall, to the extent permitted by the Laws of China and at the request of the WFOE, transfer the Option Equity (as
defined below) to the WFOE and/or any other entity or individual designated by the WFOE in accordance with the provisions hereof. 

  

	(4)	 Qingke E-Commerce agrees that the Existing Shareholders grant the
Equity Transfer Option to the WFOE in accordance with this Agreement. 

  

	(5)	 The Existing Shareholders agree that Qingke E-Commerce grant the Equity
Transfer Option to the WFOE in accordance with this Agreement. 

  
 1 

 THEREFORE, the Parties, after rounds of negotiations, reached the agreement as follows: 

Article 1 Definition 
  

	1.1	 Unless the context requires otherwise, the following words shall have the following meanings when used herein:

  

			
	“Trustee”:	  	has the meaning set out in Article 3,8 hereof.
		
	“Business Licenses”:	  	refers to the licenses required by Qinghaike E-commerce to legally and effectively operate its business within the business scope, as well as other relevant licenses and certificates required
by the Laws of China at that time.
		
	“Confidential Information”:	  	has the meaning set out in Article 8.1 hereof.
		
	“Breaching Party”:	  	has the meaning set out in Article 11.1 hereof.
		
	“Breach”:	  	has the meaning set out in Article 11.1 hereof.
		
	“Exercise”:	  	refers to WFOE’s exercise of its Equity Transfer Option or Assets Purchase Option.
		
	“Notice of Exercise:	  	has the meaning set out in Article 3.6 hereof.
		
	“Registered Capital of Qingke E-commerce”:	  	refer to the registered capital of Qingke E-commerce (in RMB) as at the date hereof, as well as the increased registered capital during the term hereof.
		
	“Assets of Qingke E-commerce”:	  	refers to all tangible and intangible assets owned or entitled to use by Qingke E-commerce during the validity period of this agreement, including but not limited to any real estate, movable
property, and intellectual property rights such as trademarks, copyrights, patents, proprietary technologies, domain names, software use rights, etc.
		
	“Major Agreements”:	  	refer to the agreements to which Qingke E-commerce is a party and which have a material impact on the business or assets of Qingke E-commerce, including
but not limited to the Exclusive Technology Service Agreement between Qingke E-commerce and the WFOE, and other important agreements concerning the business operation of Qingke E-commerce.
		
	“Major Assets”	  	refers to the assets whose book value reaches or exceeds RMB 1 million or which have a material impact on the business operation of one Party.
		
	“Non-breaching Party”:	  	has the meaning set out in Article 11.1 hereof.

  
 2 

			
	“Option Equity”:	  	For the purpose of each Existing Shareholders, refers to all the equity they hold respectively in the Registered Capital of Qingke E-commerce; for the purpose of all Existing Shareholders,
refers to the 100% equity of the Registered Capital of Qingke E-commerce, including any equity that may be increased due to future capital increased of Qingke
E-commerce.
		
	“Equity Transfer Option”:	  	Refer to the option granted by Qingke E-commerce to WFOE to purchase any equity of Qingke E-commerce in accordance with the terms and conditions
hereof.
		
	“Assets Purchase Option”:	  	Refer to the option granted by Qingke E-commerce to the WFOE to purchase any Assets of Qingke E-commerce in accordance with the terms and conditions
hereof.
		
	“Laws of China”:	  	refer to the laws, administrative regulations, administrative rules, local regulations, judicial interpretations and other binding normative documents of China (for the sole purpose of this Agreement, excluding Hong Kong, Macao and
the Taiwan) in force at that time.
		
	“Power of Attorney”:	  	has the meaning set out in Article 3.8 hereof.
		
	“The Rights”:	  	have the meaning set out in Article 12.5 hereof.
		
	“Limit of Shareholding Ratio”:	  	has the meaning set out in Article 3.2 hereof.
		
	“Transferring Equity”:	  	refers to the equity of Qingke E-Commerce that the WFOE has the right to require the Existing Shareholders to transfer to it or to any entity or individual designated by it in accordance with
Article 3.3 hereof when exercising its Equity Transfer Option. It can be the whole or part of the Option Equity, and the specific amount shall be determined by WFOE at its discretion in accordance with the Laws of China at that time and based on its
own business considerations.
		
	“Transferring Assets”:	  	refer to the Assets of Qingke E-Commerce that the WFOE has the right to require the Existing Shareholders to transfer to it or to any entity or individual designated by it in accordance with
Article 3.4 hereof when exercising its Assets Purchase Option. It can be the whole or part of the Assets of Qingke E-Commerce, and the specific number shall be determined by WFOE at its discretion in
accordance with the Laws of China at that time and based on its own business considerations.

  
 3 

			
	“Transfer Price”:	  	refers to the full consideration to be paid by WFOE or any entity or individual designated by it to the Existing Shareholders in order to acquire the Transferring Equity or the Transferring Assets at each exercise in accordance with
Article 4 hereof.

  

	1.2	 Any reference to the Laws of China herein shall be deemed to: 

 

	 	(1)	 be the Laws of China as amended, modified, added and re-enacted,
whether they take effect before or after the date hereof; and 

  

	 	(2)	 include other decisions, notifications and regulations formulated in accordance with, or take effect as a
result of, the Laws of China. 

  

	1.3	 Unless otherwise specified herein, any reference to article, clause or provision shall mean the article, clause
or provision of this Agreement. 

 Article 2 Granting of Equity Transfer Option and Assets Purchase Option 

 

	2.1	 The Existing Shareholders hereby jointly and severally agree to grant to the WFOE an exclusive, irrevocable and
unconditional Equity Transfer Option. According to such option, WFOE has the right, to the extent permitted by the Laws of China, to request the Existing Shareholders to transfer the Option Equity to it or to any entity or individual designated by
it in the manner specified herein in accordance with the terms and conditions hereof, and the WFOE also agrees to accept such Equity Transfer Option. The Existing Shareholders hereby waive respectively their right of first refusal over the equity of
Qingke E-Commerce under the articles of association of Qingke E-Commerce and the Laws of China, and hereby irrevocably agree that any shareholder of Qingke E-Commerce transfers the Option Equity to the WFOE and/or any entity or individual designated by the WFOE. 

  

	2.2	 Qingke E-Commerce hereby agrees that the Existing Shareholders grant
the Equity Transfer Option to the WFOE in accordance with Article 2.1 above and other provisions hereof. 

  

	2.3	 Qingke E-commerce and the Existing Shareholders hereby agree to grant
to the WFOE an exclusive, irrevocable and unconditional Assets Purchase Option. According to such option, WFOE has the right, to the extent permitted by the Laws of China, to request the Existing Shareholders to transfer all or any part of the
Assets of Qingke E-commerce to it or to any entity or individual designated by it in the manner specified herein in accordance with the terms and conditions hereof (unless the application of such terms and
conditions violates applicable laws and regulations), and the WFOE also agrees to accept such Assets Purchase Option. 

  

	2.4	 WFOE and/or the entity or individual designated by it may choose to purchase all or part of the equity from any
Existing Shareholder, or purchase all or part of the Assets of Qingke E-commerce, or to exercise both of them simultaneously. 

Article 3 Way of Exercise 
  

	3.1	 The WFOE has absolute discretion to determine the specific time, way and frequency of its Exercise of the
options to the extent permitted by the Laws of China. 

  
 4 

	3.2	 If the WFOE and/or any entity or individual designated by the WFOE is permitted by the current Laws of China to
hold all equity of Qingke E-Commerce, WFOE shall have the right to exercise all the Equity Transfer Option in one-time or by several times, to effect the transfer of all
the Equity Transfer Option by the Existing Shareholders in one-time or by several times to it and/or to any entity or individual designated by it. If the WFOE and/or any entity or individual designated by WFOE
is only permitted by the current Laws of China to hold part of the equity of Qingke E-commerce, WFOE shall have the right to determine the amount of the Transferring Equity within the Limit of Shareholding
Ratio (the “Limit of Shareholding Ratio”) stipulated by the current Laws of China, and to and/or cause any entity or individual designated by it to, accept such amount of the Equity Transfer Option transferred by Existing
Shareholders. In the latter case, the WFOE shall have the right to exercise its Equity Transfer Options by different times according to the gradual loose of the Limit of the Shareholding Ratio permitted by the Laws of China, until it finally obtains
all the Option Equity. 

  

	3.3	 With respect to the Equity Transfer Option, the WFOE, at each Exercise, shall have the right to determine at
its sole discretion the amount of Transferring Equity to be transferred by Existing Shareholders to WFOE and/or any entity or individual designated by WFOE, and the Existing Shareholders shall transfer such amount of Transferring Equity to WFOE
and/or other entity or individual designated by WFOE accordingly. WFOE and/or any entity or individual designated by WFOE shall pay the Transfer Price to the Existing Shareholders who transfer the Transferring Equity to them in each Exercise, and
shall also have the right to offset the Transfer Price from their creditor’s right (including but not limited to loans) against the Existing Shareholders. 

 

	3.4	 With respect to the Assets Purchase Option, the WFOE, at each Exercise, shall have the right to determine at
its sole discretion the Transferring Assets to be transferred by Qingke E-Commerce to WFOE and/or any entity or individual designated by WFOE. The WFOE and/or any entity or individual designated by WFOE shall
pay the Transfer Price to Qingke E-Commerce for the assets they accept in each Exercise. 

  

	3.5	 At each Exercise, WFOE may accept the Transferring Equity or Transferring Assets by itself, or designate any
third party to accept all or part of the Transferring Equity or Transferring Assets. 

  

	3.6	 At each time when it decides to exercise the options, the WFOE shall send to the Existing Shareholders or
Qingke E-Commerce a notice of the exercise of the Equity Transfer Option or Assets Purchase Option (in the format set out in Appendix I and Appendix II respectively, the “Notice of Exercise”).
After receiving such Notice of Exercise, the Existing Shareholders or Qingke E-Commerce shall, in accordance with the Notice of Exercise, immediately transfer the Transferring Equity or Transferring Assets to
WFOE or other entity or individual designated by WFOE in a one-time in the manner specified in Article 3.3 or 3.4 hereof. 

  
 5 

	3.7	 The Existing Shareholders and Qingke E-commerce jointly and severally
undertake and warrant that as soon as WFOE sends a Notice of Exercise: 

  

	 	(1)	 It shall immediately convene a shareholders’ meeting to adopt resolutions such as the waiver of the right
of first refusal, and take all other necessary actions to agree to transfer all the Transferring Equity or Transferring Assets to WFOE and/or other entity or individual designated by WFOE at the Transfer Price; 

 

	 	(2)	 It shall immediately execute an equity or asset transfer agreement with WFOE and/or other entity or individual
designated by WFOE to transfer all the Transferring Equity or Transferring Assets to WFOE and/or other entity or individual designated by WFOE at the Transfer Price; and 

 

	 	(3)	 It shall, in accordance with the requirements of WFOE and the provisions of laws and regulations, provide WFOE
with necessary support (including the provision and execution of all relevant legal documents, the completion of all necessary government approval and registration procedures, and the undertaking of all relevant obligations) so that WFOE and/or
other entity or individual designated by WFOE can obtain all the Transferring Equity or Transferring Assets without legal defects. 

  

	3.8	 The Existing Shareholders agree that, at the same time as this Agreement is executed, the Existing Shareholders
shall execute a Power of Attorney (in the format set out in Appendix III, the “Power of Attorney”), entrusting any person designated by the WFOE (the “Trustee”) to execute on behalf of the Existing Shareholders any
and all legal documents necessary for the WFOE and/or other entity or individual designated by WFOE to obtain all Transferring Equity or Transferring Assets without legal defects. The Power of Attorney shall be placed in the custody of WFOE, and, if
necessary, WFOE shall have the right to require the Existing Shareholders to execute multiple copies of Power of Attorney, and submit such Power of Attorney to government authorities at any time. If and only if the WFOE gives the Existing
Shareholders a written notice of the removal of the Trustee, the Existing Shareholders shall immediately remove the existing Trustee, and entrust other Trustee designated by the WFOE then instead. The new Power of Attorney, once issued, shall
replace the original Power of Attorney. Except for the circumstance set forth in the preceding sentence, under no other circumstances the Existing Shareholders shall revoke the Power of Attorney issued to the Trustee. 

Article 4 Transfer Price 
  

	4.1	 With respect to the Equity Transfer Option, at each Exercise, the Transfer Price payable by WFOE or any entity
or individual designated by WFOE to the Existing Shareholders shall be the corresponding amount of contribution in the Registered Capital of Qingke E-Commerce or the lowest price permitted by the Laws of China
at that time, whichever is lower. The Existing Shareholders hereby irrevocably agree that if it is required by the Law of China at that time that the Transfer Price of the equity must be higher than the aforesaid price, the lowest price permitted by
the Laws of China shall prevail. 

  

	4.2	 With respect to the Assets Purchase Option, at each Exercise, WFOE or any entity or individual designated by
WFOE shall pay to the Qingke E-commerce the net book value of relevant assets. If the lowest price permitted by the Laws of China at that time is higher than the said net book value, the lowest price permitted
by the Laws of China shall prevail. 

  
 6 

	4.3	 WFOE and/or any entity or individual designated by WFOE shall have the right to offset the Transfer Price from
their creditor’s right (including but not limited to loans) against the Existing Shareholders or Qingke E-commerce. 

 

	4.4	 The Existing Shareholders or Qingke E-commerce hereby irrevocably
agrees, within ten (10) working days after receipt of such Transfer Price paid by WFOE and/or any other entity or individual designated by WFOE, to return such Transfer Price to WFOE or any entity or individual designated by WFOE in a manner in
conformity with the laws. 

 Article 5 Representations and Warranties 

 

	5.1	 The Existing Shareholders and Qingke E-commerce jointly and severally
make the representations and warranties as follows, and such representations and warranties shall remain effective as if they are made at the time of the transfer of Option Equity or Assets Purchase Option. 

 

	 	5.1.1	 The Existing Shareholders are all Chinese citizens with full capacity. They have complete and independent legal
status and legal capacity to execute, deliver and perform this Agreement and can independently act as a subject of action. 

  

	 	5.1.2	 Qingke E-commerce is a limited liability company duly registered and
legally existing under Laws of China and with independent qualification of a legal person. It has full and independent legal status and legal capacity to execute, deliver and perform this Agreement, and can independently act as a subject of action.

  

	 	5.1.3	 They have full power and authority to execute and deliver this Agreement and all other documents related to the
transactions contemplated hereunder that they will execute, and to complete the transactions contemplated hereunder. The execution or performance of this Agreement will not in any material way violate or conflict with: (i) any agreement,
arrangement or obligation to which they are a party; or (ii) any current laws, regulations, decrees or policies to which they are subject. 

  

	 	5.1.4	 This Agreement is duly executed and delivered by them. This Agreement constitutes lawful and binding
obligations on them, and is enforceable against them in accordance with the provisions of this Agreement. 

  

	 	5.1.5	 The Existing Shareholders are the legitimate registered owners of the Option Equity at the time of the entry
into force of this Agreement. Except for the rights created under this Agreement, the Equity Pledge Agreement signed with WFOE, and the Voting Rights Entrustment Agreement signed with WFOE and Qingke
E-commerce, the Option Equity is free from any other lien, pledge, claim, encumbrance or third-party rights. Under this Agreement, WFOE and/or any other entity or individual designated by WFOE, after
Exercising relevant option, shall acquire good title of the Transferring Equity free from any lien, pledge, claim, encumbrance or third-party rights. 

  
 7 

	 	5.1.6	 The Assets of Qingke E-commerce are free from any lien, mortgage,
claim, encumbrance or third-party rights. Under this Agreement, WFOE and/or any other entity or individual designated by WFOE may, after Exercising relevant option, shall acquire good title of the Assets of Qingke
E-commerce free from any lien, mortgage, claim, encumbrance or third-party rights. 

  

	 	5.1.7	 As of the date of this Agreement, there is no pending or threatened action, arbitration or administrative
investigation with respect to the equity or assets of Qingke E-commerce or Qingke E-commerce itself. 

 

	 	5.1.8	 At the time of entry into force of this Agreement, Qingke E-Commerce
has all the Business Licenses required for its business operation, and has full rights and qualifications to operate its business in China. Since its establishment, Qingke E-commerce has been operating in
accordance with the law, and commits no act that violates, or may violate, the regulations or requirements of industry and commerce authorities, taxation authorities, labor and social security authorities and other government authorities, and is not
involved in any dispute about contract breach. 

  

	 	5.1.9	 The execution, delivery and performance of this Agreement and the completion of the transactions contemplated
hereunder will not violate the provisions of Laws of China, or any agreement, contract or other arrangement that they concluded with any third party or binding upon them. 

 

	5.2	 The WFOE hereby makes the representations and warranties as follows: 

 

	 	5.2.1	 It is a wholly foreign-owned limited liability company duly registered and legally existing under the Laws of
China and with independent qualification of a legal person. It has full and independent legal status and legal capacity to execute, deliver and perform this Agreement, and can independently act as a subject of action. 

 

	 	5.2.2	 It has full power and authority to execute and deliver this Agreement and all other documents related to the
transactions contemplated hereunder that they will execute, and to complete the transactions contemplated hereunder. 

  

	 	5.2.3	 This Agreement is duly executed and delivered by it, and constitutes lawful and binding obligations on it.

 Article 6 Undertakings of Existing Shareholders 

The Existing Shareholders hereby undertake that: 
  

	6.1	 During the term hereof, they will take all necessary measures to ensure that Qingke E-commerce can obtain all Business Licenses required for the operation of its business in time and that all Business Licenses remain valid at all times. 

 

	6.2	 During the term hereof, without prior written consent of WFOE: 

 

	 	6.2.1	 They will not transfer or otherwise dispose of any Option Equity, or create any encumbrance or other
third-party rights on any Option Equity; 

  

	 	6.2.2	 They will not increase or decrease the Registered Capital of Qingke
E-commerce, or otherwise change the ownership structure of Qingke E-commerce at the time of signing this Agreement; 

  
 8 

	 	6.2.3	 They will not transfer, mortgage or otherwise dispose of, or cause the management of Qingke E-commerce to transfer, mortgage or dispose of, any assets, legal income and interests of Qingke E-commerce (except for those occurred in the ordinary course of business).

  

	 	6.2.4	 They will not terminate, or cause the management of Qingke E-commerce
to terminate, any Major Agreement concluded by Qingke E-commerce, or to enter into any other agreement that conflicts with the existing Major Agreements. 

 

	 	6.2.5	 They will not, whether individually or jointly, cause the Qingke
E-commerce to conclude any transaction which may materially affect the assets, liabilities, business operation, ownership structure, equity held in any third party and other legitimate rights of Qingke E-commerce (except for those occurred in the ordinary course of business). 

  

	 	6.2.6	 They will not appoint or remove any director or supervisor of Qingke
E-commerce, or any other manager of Qingke E-commerce who shall be appointed or removed by them. 

 

	 	6.2.7	 They will not cause, or agree with, Qingke E-commerce to declare or
actually distribute any distributable profits, bonus or dividends. 

  

	 	6.2.8	 They will ensure the valid existence of Qingke E-commerce, and ensure
that it is not terminated, liquidated or dissolved. 

  

	 	6.2.9	 They will not cause, or agree with, Qingke E-commerce to amend its
articles of association. 

  

	 	6.2.10	 They will ensure that Qingke E-Commerce will not lend or borrow money,
or provide guarantees or have any act with the nature of guarantee, or assume any material obligations beyond the ordinary course of business; and 

  

	 	6.2.11	 They will ensure that Qingke E-commerce will not be merged with any
third party, purchase any assets or equity from any third-party, or otherwise invest in any third party. 

  

	6.3	 During the term hereof, without prior written consent of WFOE, they will not cause Qingke E-commerce or the management of Qingke E-commerce to consent to its subsidiary, branch or affiliate (collectively, “Subsidiaries”): 

 

	 	6.3.1	 to increase or decrease the registered capital of the Subsidiaries, or cause or consent to the division of the
Subsidiaries or their merge with any other entity; 

  

	 	6.3.2	 to dispose of, or cause the management of the Subsidiaries to dispose of, any Major Assets of the Subsidiaries
(except for those occurred in the ordinary course of business), or to create any encumbrance or other third-party rights on such assets; 

  

	 	6.3.3	 to terminate, or cause the management of the Subsidiaries to terminate, any Major Agreement concluded by the
Subsidiaries, or to enter into any other agreement that conflicts with the existing Major Agreements. 

  

	 	6.3.4	 to appoint or remove any director or supervisor of the Subsidiaries, or any other manager of the Subsidiaries
who shall be appointed or removed by them. 

  
 9 

	 	6.3.5	 to terminate, liquidate or dissolve the Subsidiaries, or have any act that impairs or may impair the valid
existence of the Subsidiaries; 

  

	 	6.3.6	 to amend the articles of association of the Subsidiaries; and 

 

	 	6.3.7	 to lend or borrow money, or to provide guarantee or have any act with the nature of guarantee, or assume any
material obligations beyond the ordinary course of business. 

  

	6.3	 During the term hereof, they will take all necessary measures to ensure that the Qingke E-commerce appoints the directors or supervisors of Qingke E-commerce, or other managers of Qingke E-commerce who should be appointed
or removed by them, according to the instructions of WFOE. 

  

	6.4	 During the term hereof, they will notify WFOE of any threatened or pending action, arbitration and
administrative procedure with respect to the assets, business and income of Qingke E-commerce as soon as they get knowledge of it. 

 

	6.5	 During the term hereof, if WFOE agrees with Qingke E-commerce to
distribute dividends or profits to them, they will pay all of those dividends or profits they received from Qingke E-commerce to WFOE. 

 

	6.6	 During the term hereof, they will make their utmost efforts and take all necessary measures, including but not
limited to signing all necessary documents, initiating all necessary litigations and taking all necessary defensive measures, to safeguard their equity and interests in Qingke E-commerce.

  

	6.7	 They shall strictly abide by this Agreement and other agreements signed with Qingke E-commerce and WFOE, fulfill their obligations hereunder and thereunder, and refrain from any act or omission that may affect the validity and enforcement of such agreements. 

 

	6.8	 If the total Transfer Price received by any of the Existing Shareholders with respect to the Transferring
Equity it holds is higher than its contribution to Qingke E-commerce, or any of the Existing Shareholders receives any form of profit distribution, bonus or dividend, it agrees to give up the premium to the
extent in conformity with the Laws of China, and pay all of the Transfer Price and any profit distribution, bonus or dividends received (after deducting relevant taxes) to WFOE. Otherwise, Existing Shareholders shall compensate WFOE and/or other
entity or individual designated by WFOE for all the losses incurred. 

 Article 7 Undertakings of Qingke E-commerce 
  

	7.1	 If the execution and performance of this Agreement and the granting of the Equity Transfer Option hereunder
require the consent, license, waiver or authorization of any third party, or the approval, license or waive of any government authority, or the registration or filing procedures with any government authority in accordance with law, Qingke E-commerce will do its utmost to assist in the satisfaction of the above conditions. 

  
 10 

	7.2	 Without prior written consent of WFOE, Qingke E-Commerce will not:

  

	 	7.2.1	 amend its articles of association, increase or decrease the Registered Capital of Qingke E-commerce, or otherwise change the existing ownership structure of Qingke E-commerce at the time of signing this Agreement; 

 

	 	7.2.2	 assist the Existing Shareholders in transferring or otherwise disposing of any Option Equity or creating any
encumbrance or other third-party rights on any Option Equity, or permit the Existing Shareholders to have the aforesaid conduct; 

  

	 	7.2.3	 terminate any Major Agreement entered into by the Qingke E-commerce, or
enter into any other agreements that conflict with the existing Major Agreements; 

  

	 	7.2.4	 cause the Qingke E-commerce to conclude any transaction which may
materially affect the assets, liabilities, business operation, ownership structure, equity held in any third party and other legitimate rights of Qingke E-commerce (except for those occurred in the ordinary
course of business); 

  

	 	7.2.5	 conclude any transaction in which the payment amount is not less than (or equivalent to) RMB 150,000
individually, or RMB 1,000,000 cumulatively; 

  

	 	7.2.6	 liquidate, dissolve or declare termination; 

 

	 	7.2.7	 merge with any third party, purchase the assets or equity of any third party, or otherwise invest in any third
party; or 

  

	 	7.2.8	 lend or borrow money, or provide guarantees or have any act with the nature of guarantee, transfer or otherwise
dispose of any Major Asset, or assume any material obligations beyond the ordinary course of business. 

  

	7.3	 Qingke E-commerce undertakes that it will not, and the Existing
Shareholders will ensure that Qingke E-commerce do not, engage in or permit any behavior or act that may adversely affect the interests of WFOE hereunder, including any behavior or act not limited to those
restricted by Article 6.1. 

  

	7.4	 During the term hereof, Qingke E-commerce shall make its best efforts
and take all necessary measures to maintain the organizational form of Qingke E-commerce, to ensure that Qingke E-commerce can timely obtain all the Business Licenses
required to its business operation, and to keep all Business Licenses valid at all times. Meanwhile, Qingke E-commerce undertakes to make every effort and take all necessary measures to develop the business of
Qingke E-commerce, to ensure the legal and lawful operation of Qingke E-commerce, and to refrain from any act or omission that may damage the assets and goodwill of
Qingke E-commerce. 

  

	7.5	 During the term hereof, Qingke E-commerce will provide all its business
and financial information to WFOE according to the requirements of WFOE. 

  

	7.6	 Without prior written consent of WFOE, Qingke E-commerce will not
distribute dividends or profits to the Existing Shareholders, but will distribute all distributable profits to Existing Shareholders as soon as WFOE requests so in writing. 

  
 11 

	7.7	 During the term hereof, Qingke E-commerce notify WFOE of any threatened
or pending action, arbitration and administrative procedure with respect to the assets, business and income of Qingke E-commerce as soon as it get knowledge of it. 

 

	7.8	 Qingke E-commerce shall strictly abide by this Agreement and other
agreements signed with Existing Shareholders and WFOE, fulfill its obligations hereunder and thereunder, and refrain from any act or omission that may affect the validity and enforcement of such agreements 

Article 8 Confidentiality 
  

	8.1	 During the term hereof, all client information and other information related to the business of Qingke E-commerce and WFOE and the services provided by WFOE (“Client Information”) shall be owned by both Parties. 

 

	8.2	 Whether this Agreement is terminated or not, Qingke E-commerce and WFOE
shall keep strictly confidential the Confidential Information obtained by them during the performance hereof. For the purpose of this Agreement, “Confidential Information” refers to any trade secrets and proprietary information of
the other Party, Client Information and other relevant information shared by both Parties, non-public information of any other Party, any contract, agreement, memorandum, appendix, draft or record signed by
both Parties for the purpose of this Agreement (including this Agreement). The Party receiving the Confidential Information (the “Receiving Party”) shall not disclose the Confidential Information or any part thereof to any third
party, except with the prior written consent of the other Party or as required by relevant laws and regulations or the listing requirements. The Receiving Party shall not use, directly or indirectly, the Confidential Information or any part thereof,
except for the purpose of performance of this Agreement. Upon the termination hereof, Qingke E-commerce shall, at the request of WFOE, return all documents, materials or software containing the Confidential
Information to Qingke E-commerce, or destroy such documents, materials or software by itself, and delete any Confidential Information from any relevant memory devices, and shall not use such Confidential
Information any more. 

  

	8.3	 The following information shall not be deemed as Confidential Information: 

 

	 	(1)	 Any information previously known by the Receiving Party through legal means as evidenced by written documents;

  

	 	(2)	 Information that enters the public domain without the default of the Receiving Party or information that is
known to the public due to other reasons; 

  

	 	(3)	 Information disclosed with prior written consent of any other Party hereto; or 

 

	 	(4)	 Information legally obtained by the Receiving Party from other sources. 

 

	8.4	 The Receiving Party may disclose the Confidential Information to its relevant employees, agents or designated
professionals, provided that it shall ensure that the said persons are also bound by this Agreement and keep confidential such Confidential Information and use such Confidential Information only for the purpose of performance of this Agreement. The
disclosure of any Confidential Information by any employee or agent employed by any Party shall be deemed to as the disclosure by the Party itself, who shall be liable for any legal liability resulting therefrom. 

  
 12 

 Article 9 Term 

This Agreement shall enter into force on the date when it is duly executed by the Parties, and terminate after the Option Equity is fully transferred to WFOE
and/or other entity or individual designated by WFOE in accordance with the provisions hereof. 
 Article 10 Notice 

 

	10.1	 All notice, request, demand and other communications required or sent under this Agreement shall be served in
writing to the Party concerned. 

  

	10.2	 The above notice and other communications, if sent by fax or telex, shall be deemed to have been served once
they are delivered; if sent in person, shall be deemed to have been served once they are delivered face-to-face; if sent by post, shall be deemed to have been served
five (5) days after posting. 

 Article 11 Liability for Breach 

 

	11.1	 The Parties agree and confirm that if any Party (the “Breaching Party”) materially breaches
any provisions hereof or fails to perform any of its obligations hereunder, it shall constitute a breach of this Agreement (the “Breach”). In such case, the non-breaching Parties (the
“Non-breaching Parties”) shall be entitled to require the Breaching Party to rectify the Breach or take remedial measures within a reasonable period of time. If the Breaching Party fails to do
so within the reasonable period of time or within ten (10) days after receiving the written notice of the Non-breaching Parties, 

 

	 	11.1.1	 if the Breaching Party is an Existing Shareholder or Qingke E-commerce,
the Non-breaching Parties shall be entitled to take the following measures at its own discretion: (1) terminate this Agreement and demand full damages from the Breaching Party; (2) require the
Breaching Party to continue to perform its obligations hereunder and compensate all damages resulting therefrom. And 

  

	 	11.1.2	 If the Breaching Party is WFOE, the Non-breaching Parties shall be
entitled to require the Breaching Party to continue to perform its obligations hereunder and compensate all damages resulting therefrom. 

  

	11.2	 All Parties agree and confirm that under no circumstances shall Existing Shareholders and Qingke E-commerce require the termination of this Agreement for any reason. 

  

	11.3	 The rights and remedies provided herein shall be cumulative and in addition to other rights or remedies
provided by law. 

  

	11.4	 Notwithstanding other provisions hereof, the validity of Article 11 shall not be affected by the suspension or
termination of this Agreement. 

 Article 12 Miscellaneous 

 

	12.1	 This Agreement is made in Chinese and in quintuplicate, with each Party holding one of them, which shall have
the same legal effect. 

  

	12.2	 The execution, validity, performance, modification, interpretation and termination of this Agreement shall be
governed by the Laws of China. 

  
 13 

	12.3	 Any dispute arising out of or in connection with this Agreement shall be settled by all Parties through
negotiation. If such negotiation fails within thirty (30) days after the dispute arises, either Party may submit the dispute to the Shanghai International Economic and Trade Arbitration Commission for arbitration by three arbitrators appointed
in accordance with the then effective rules of the arbitration center. The arbitral award shall be final and binding upon all Parties. 

  

	12.4	 Any rights, powers and remedies granted to each Party by any provision hereof shall not preclude any other
rights, powers or remedies enjoyed by the Party pursuant to law and other provisions hereof, nor the exercise of any single rights, powers and remedies by either Party shall preclude the exercise of any other rights, powers and remedies by such
Party. 

  

	12.5	 Any failure or delay by either Party to exercise any of its rights, powers and remedies hereunder (“The
Rights”) shall not constitute the waiver by such Party of The Rights, nor any single or part waiver of The Rights shall preclude any further exercise of The Rights. 

 

	12.6	 The headings of the articles of this Agreement are for reference only and shall not be used or affect the
interpretation of such articles. 

  

	12.7	 Each provision of this Agreement shall be severable and independent of each other. If any provisions of this
Agreement become invalid, illegal or unenforceable, the validity, legality and enforceability of the other provisions shall not be affected. 

  

	12.8	 This Agreement, once executed, shall supersede any other legal documents executed by the Parties on the subject
matter hereof. Any amendment or supplement to this Agreement shall be made in writing and shall not come into force unless it is duly executed by the Parties. 

 

	12.9	 Without prior written consent of WFOE, neither the Existing Shareholders nor Qingke E-commerce shall transfer any of their rights and/or obligations hereunder to any third party. However, WFOE shall have the right to transfer any of its rights and/or obligations hereunder to any third party
designated by it after notifying Existing Shareholders and Qingke E-commerce Business. 

  

	12.10	 This Agreement shall be binding upon the legal successors of all Parties (including but not limited to the
successors of the Option Equity in case any of the Existing Shareholders dies (as a natural person) or goes bankruptcy (as an enterprise)). 

(No Body Text Below) 

  
 14 

 (This is the signature page of the Exclusive Option Agreement only) 

IN WITNESS WHEREOF, this Agreement is duly executed by the following Parties on the date and place first written above. 

Shanghai Qingke E-Commerce Co., Ltd. (Seal) 

(Sealed) 
 Legal representative: Guangjie Jin 

Authorized representative (signature): /s/ Guangjie
Jin                                     

 (This is the signature page of the Exclusive Option Agreement only) 

IN WITNESS WHEREOF, this Agreement is duly executed by the following Parties on the date and place first written above. 

Guangjie Jin 
 Signature:
/s/ Guangjie Jin                                     

 (This is the signature page of the Exclusive Option Agreement only) 

IN WITNESS WHEREOF, this Agreement is duly executed by the following Parties on the date and place first written above. 

 

					
	 Bing Xiao
	 		  	
	Signature:	 	/s/ Bing
Xiao                                    	  	

 (This is the signature page of the Exclusive Option Agreement only) 

IN WITNESS WHEREOF, this Agreement is duly executed by the following Parties on the date and place first written above. 

Xiamen Siyuan Investment Management Co., Ltd. (Seal) 

(Sealed) 
 Legal representative: Xuejun Xie 

Authorized representative (signature): /s/ Xuejun
Xie                                     

 (This is the signature page of the Exclusive Option Agreement only) 

IN WITNESS WHEREOF, this Agreement is duly executed by the following Parties on the date and place first written above. 

Shanghai Qingke Investment Consulting Co., Ltd. (Seal) 
 (Sealed)

 Legal representative: Guangjie Jin 

Authorized representative (signature): /s/ Guangjie
Jin                                     

 Appendix I: 

Form of the Notice of Exercise of the Equity Transfer Option 

To: [Name of Existing Shareholders] 
 In view of the fact that
we signed an Exclusive Option Agreement (the “Option Agreement”) with you and Shanghai Qingke E-Commerce Co., Ltd. (the “Qingke
E-Commerce”) on                     , 2015, under which you shall, to the extent permitted by the
laws and regulations of China and at the request of us, transfer the equity you hold in Qingke E-commerce to us or to any third party designated by us. 

Therefore, we hereby notify you of the following: 
 We hereby
request to exercise the Equity Transfer Option under the Option Agreement, to effect the transfer of the     % equity held by you in Qingke E-commerce (the “Transferring
Equity”) to us/the [entity/personal name] designated by us. Upon receipt of this notice, please transfer the Transferring Equity to us/the [entity/personal name] designated by us in accordance with the Option Agreement. 

Your truthfully, 
 (No Body Text Below) 

 (This is the signature page of the Appendix I: Form of the Notice of Exercise of the Equity Transfer
Option to the Exclusive Option Agreement only) 
 Shanghai Qingke Investment Consulting Co., Ltd. (Seal) 

Legal representative: Guangjie Jin 
  

					
	Authorized representative (signature):	 	  
	  	

  

					
	Date:	 	                    	  	

 Appendix II: 

Form of the Notice of Exercise of the Assets Purchase Option 

To: Shanghai Qingke E-Commerce Co., Ltd. 

In view of the fact that we signed an Exclusive Option Agreement (the “Option Agreement”) with you and Guangjie Jin, Bing Xiao and Xiamen
Siyuan Investment Management Co., Ltd on                     , 2015, under which you shall, to the extent permitted by the laws and regulations of
China and at the request of us, transfer the assets of you to us or to any third party designated by us. 
 Therefore, we hereby notify you of the
following: 
 We hereby request to exercise the Assets Purchase Option under the Option Agreement, to effect the transfer of all the assets of your company
as set out in list attached (the “Transferring Assets”) to us/the [entity/personal name] designated by us. Upon receipt of this notice, please transfer the Transferring Assets to us/ the [entity/personal name] designated by us in
accordance with the Option Agreement. 
 Your truthfully, 

(No Body Text Below) 

 (This is the signature page of the Appendix II: Form of the Notice of Exercise of the Assets Purchase
Option to the Exclusive Option Agreement only) 
 Shanghai Qingke Investment Consulting Co., Ltd. (Seal) 

Legal representative: Guangjie Jin 

Authorized representative (signature):
                                         
        
  

					
	Date:	 	                    	  	

 Appendix III: 

Form of Power of Attorney 
 I,
Bing Xiao, hereby irrevocably entrust Guangjie Jin (ID Card No. [***]), as my entrusted agent, with the power and authority to execute Equity Transfer Agreement and other relevant legal documents between myself, Shanghai Qingke E-Commerce Co., Ltd. (“Qingke E-Commerce”) and WFOE with respect to the equity transfer of Qingke E-Commerce. 

(No Body Text Below) 

 (This is the signature page of the Appendix III: Form of Power of Attorney to the Exclusive Option
Agreement only) 
  

					
	Guangjie Jin	 		  	

					
			
	Signature:	 	  
	  	

					
			
	Date:	 	                    	  	

 (This is the signature page of the Appendix III: Form of Power of Attorney to the Exclusive Option
Agreement only) 
 Bing Xiao 
 Signature:
                                         
            
 Date:
                     

 (This is the signature page of the Appendix III: Form of Power of Attorney to the Exclusive Option
Agreement only) 
 Xiamen Siyuan Investment Management Co., Ltd. (Seal) 

Legal Representative: Xuejun Xie 

Authorized representative (signature):
                                         
        
 Date:

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