Document:

Exhibit 10.9

 

Working Capital Loan Contract

 

No.: [*]

 

Party A (Borrower): Xinjiang United Family
Trading Co., Ltd.

Residence: No.26 Wenhua Road, Tianshan District,
Urumqi

	
        Postal Code: 830000

        Tel.: [*]

        Basic Account Opening Bank: Urumqi
        Renmin Road

        Sub-branch of China Construction Bank
	
        Legal Representative: Baolin Wang

        Fax: None

        Account No.: [*]

 

Party B (Lender): Urumqi Youhao Road Sub-Branch
of Huaxia Bank Co., Ltd.

Residence: No.654 Youhao North Road Shayibake
District Urumqi

Postal Code: 830000

Legal Representative/Principal: Li Meng

	Tel.: [*]	Fax: None

 

In accordance with the relevant laws and
regulations of the People’s Republic of China, and on the basis of abiding by the principle of fairness, this contract is
concluded through consultation between the two parties.

 

Article I Type of Loan

 

1.1 The loan under this contract is working
capital loan.

 

Article II Loan Amount and Currency

 

2.1 Loan currency under this contract is RMB.

 

2.2 The loan amount under this contract is
(in words) Fifteen Million Yuan Only.

 

Article III Purpose of Loan

 

3.1 Loans under this contract shall only
be used for the purposes stated in the Application for Withdrawal Loans from Working Capital Loan (hereinafter referred
to as the “Application for Withdrawal”, see attachment for the format) approved by Party B, without the written consent
of Party B, Party A shall not change the purpose of the loan.

 

Article IV Period of Loan

 

4.1 The term of the loan under this contract
is one year, from May 7, 2020 to May 7, 2021.

 

4.2 Party A chooses the following method
to withdraw the loan hereunder:

 

þ
Make one-time withdrawal on May 7, 2020. Party A shall issue a
request for withdrawal to Party B at least one working day before the agreed withdrawal date, and the withdrawal can be
made only after Party B’s approval.

 

    	 	 	 

     

    

 

☒
Withdrawal during the withdrawal period stated below:

 

The withdrawal period shall be from the
date of signing this contract to                                 , all withdrawals shall be made within the withdrawal period. Party A shall issue an application
for withdrawal to Party B at least three working days before the planned withdrawal date, and the withdrawal can be made only after
Party B’s approval.

 

Before each planned withdrawal by Party
A, all the withdrawal conditions stipulated in Article 6 of this contract shall be satisfied, otherwise Party B shall not be obliged
to provide any loans to Party A.

 

4.3 Party A chooses the following method
to repay the loan principal hereunder:

 

þ
Make one-time repayment of the principal on May 7, 2021.

 

☒ Repay
the principal in installments according to the following order, time and amount.

 

On ___day ___ month  ___year, Amount (in words) none;

 

On  ___day  ___month ___ year, Amount (in words) none;

 

On  ___day  ___month  ___year, Amount (in words) none;

 

On  ___day  ___month  ___year, Amount (in words) none;

 

On  ___day ___ month ___ year, Amount (in words) none;

 

None

 

 

☒ Repayment
shall be made on the due date specified in the withdrawal application approved by Party B.

 

4.4 If the loan withdrawal date and maturity
date recorded in the loan certificate under this contract are inconsistent with the above agreed withdrawal application, the time
recorded in the loan certificate under this contract shall prevail. The Application for Withdrawal, the loan certificate and other
documents affirmed by both parties as appendixes to this contract form an integral part of this contract and have the same legal
effect as this contract.

 

Article V Interest Rate of Loan

 

5.1 The loan interest rate under this contract
shall be determined in the following way:

 

5.1.1
The loan interest rate is set as a (þfixed/☒floating)
interest rate.

 

5.1.2
Fixed interest rate, the interest rate remains unchanged during the life of the contract. The source of the fixed interest rate
is the one-year Loan Prime Rate (LPR) (þplus/☒minus)
113 prime points (one prime point is 0.01%) published by the national interbank lending center one working day before (þfirst
withdrawal date / ☒ date
of each withdrawal). The specific interest rate shall be in accordance with Party B’s loan certificate. 

 

5.1.3
Floating interest rate, the interest rate for each loan is set at the base rate (þplus/☒minus)
a floating range, among them, the benchmark interest rate is the     /      (year/month)
Loan Prime Rate (LPR) published by the national interbank lending center one working day before     /   
  the (withdrawal date for each loan /effective date of the contract), the floating range is     /   
  (up/down/zero)     /      % or     /   
  (plus/minus/zero)      /      prime points (one prime point is 0.01%).

 

5.1.4 If the loan interest rate is the
floating interest rate, after each loan withdrawal, if the Loan Prime Rate changes, the loan interest rate shall be adjusted in
the following manner:

 

☒
If interest is settled and the rate is adjusted monthly, the adjusted
loan interest rate becomes effective on the next day of the first interest settlement date after the Loan Prime Rate readjusts;

 

☒
If the interest is settled and the rate is adjusted quarterly, the adjusted
loan interest rate becomes effective on the next day of the first interest settlement date after the Loan Prime Rate readjusts;

 

☒
If the interest is settled and the rate is adjusted annually, the adjusted
contract loan interest rate:

 

☒
becomes effective on the next day after the first interest settlement
date of the following year;

 

☒
becomes effective on the next day after the first interest settlement
date one year after the loan starts

 

☒
Others: No content here, adding content
is invalid.

 

    	 	 	 

     

    

 

5.1.5 When adjusted according to 5.1.4
above, the adjusted loan interest rate shall be calculated according to the periodical Loan Prime Rate under 5.1.3 on the prior
business day of the corresponding interest settlement date, plus or minus the base rate.

 

5.2 The loan under this contract is charged
interest from the actual withdrawal date, the formula for calculating interest is as follows: Interest = Actual loan balance ×
Actual days of interest-bearing period × Annual interest rate/360 (days).

 

5.3 The interest rate of the loan under
this contract shall be chosen in one of the following ways:

 

þ
Monthly interest settlement, the date of interest payment is 20th
of the month, the last interest payment date is the expiration date of the contract:

 

☒
Quarterly interest settlement, the date of interest payment is 20th
at the end of each quarter, the last interest payment date is the expiration date of the contract:

 

☒
Pay off the principal and interest in one lump sum, the interest shall
be paid off in one lump sum on the principal due date;

 

☒
Others: No content here, adding content
is invalid.

  

5.4 If the contract loan interest rate
changes, the penalty interest rate under this contract will automatically change accordingly, and it will be applicable at the
same time as the contract loan interest rate, segment calculation.

 

5.5 Party B does not need to obtain the
consent of Party A for the adjustment made in accordance with the above provisions.

 

5.6 If the national interbank lending center
cancels (or no longer publishes) the lending base rate for the loans issued under this contract, the lender has the right to directly
change the borrowing interest rate pricing benchmark according to the corresponding national interest rate policy, and in accordance
with the principle of fairness and integrity, according to the redetermination of borrowing interest rates. Before making the above
adjustment, the lender shall notify the borrower at a reasonable time in advance, and the notice shall be made by SMS, branches
announcement or any other method considered reasonable by the lender. If the borrower does not accept the change of the benchmark
interest rate, it may prepay, otherwise, it shall be deemed that the borrower accepts the change and adjustment of the benchmark
interest rate.

 

Article VI Conditions of Withdrawal

 

6.1 When withdrawing the money, Party A
must meet the following preconditions:

 

6.1.1 Party A has completed the administrative
licensing, approval, registration and other legal procedures related to loans under this contract in accordance with relevant laws,
regulations and rules;

 

6.1.2 Party A has submitted relevant documents
that meet Party B’s requirements;

 

6.1.3 Guarantee under this contract has
completed the procedures agreed upon by both parties and has entered into force/Mortgage has been established/Pledge has been established;

 

6.1.4 Party A does not have any breach
of contract;

 

6.1.5 Up to the time of withdrawal, the
statements and guarantees made by Party A in this contract are still true, accurate and valid;

 

6.1.6 Up to the time of withdrawal, Party
A’s operating and financial conditions are basically the same as those at the time of signing this contract, without any
significant adverse changes.

 

6.2 After satisfying the above conditions,
Party A shall go through the withdrawal formalities at Party B as stipulated in this contract and sign the loan certificate with
Party B. The loan certificate is an integral part of this contract and has the same effect as this contract.

 

6.3 If Party A fails to meet the withdrawal
conditions, the loan does not constitute a performance defect of Party B, nor does it indicate that Party B abandons the requirement
of Party A to meet the above withdrawal conditions, Party A shall submit relevant information to Party B immediately upon meeting
the withdrawal conditions.

 

6.4 Even if Party A meets the withdrawal
conditions, in any case, Party B has the right to terminate or suspend all or part of the loan at any time without prior notice
to Party A, qt this time, it does not constitute a default defect of Party B.

 

    	 	 	 

     

    

 

Article VII Issuance and Payment of Loan
Capital 

 

7.1 Loans under this contract shall be
issued and paid in the following manner:

 

☒
Party A’s independent payment method.

 

þ
Party B’s method of entrusted payment.

 

☒ If
the payment object has been determined and the single payment fee does not reach RMB     /    
Yuan (or equivalent foreign currency), Party A shall pay the payment independently: the payment object has been determined
and the single payment amount reaches or exceeds     /      RMB yuan (or
foreign currency equivalent). Adopt entrusted payment by Party B. If the payment object is not determined, Party A shall make
the payment independently.

 

7.2 Adopt payment by Party A independently,
Party B shall examine and verify the Application for Withdrawal Loans from Working Capital Loan (applicable to independent
payment) with Party A’s official seal, after consent, the loan fund shall be issued to Party A’s account, and then
Party A shall independently pay to the counterparty who meets the agreed purpose in accordance with the agreed manner.

 

7.3 If adopt entrusted payment by Party
B, according to the agreed purpose of the loan, Party B shall examine whether the information provided by Party A concerning the
object of payment and the amount of payment listed in the application for payment is in conformity with the corresponding business
contract and other supporting materials, after examination and approval, the Application for Withdrawal Loans from Working Capital
Loan (applicable to entrusted payment) with Party A’s official seal and the expression of the intention of entrusted
payment therein shall be followed, Party B shall issue the loan funds to Party A’s account and pay directly to Party A’s
counterparty who meets the agreed purpose.

 

7.4 If the payment is made independently
by Party A, Party A shall summarize and report the payment of loan capital to Party B every /     months, and Party B shall
have the right to check whether the loan payment conforms to the agreed purpose at any time by means of account analysis, voucher
verification and on-site investigation.

 

7.5 If the payment is made independently
by Party A, if the single payment amount of Party A reaches the entrusted payment standard of Party B, Party A shall apply to Party
B for changing the payment method, and the external payment shall be made only after the approval of Party B.

 

7.6 If Party B is entrusted to pay,
Party A shall provide relevant information such as counterparty information, borrowing materials and so on according to Party B’s
requirements, Party B shall not be liable for the failure of the entrusted payment due to the untruthfulness, inaccuracy, incompleteness
and invalidity of the information provided by Party A.

 

7.7 The loan funds shall not be paid to
Party A’s brokerage company in the capital market or to its counterpart who is related to Party A and does not conform to
the purpose of the loan.

 

Article VIII After-Loan Capital Monitoring

 

8.1 Party A shall designate a special fund
withdrawal account (account number: [*]) in Party B, or a special fund withdrawal account (account number: no content
here). If the fund withdrawal account is another bank account, the statement shall be provided every no content here
months.

 

8.2 Party B shall have the right to monitor
the withdrawal account of the above-mentioned capital, Party A shall provide Party B with the entry and exit of the capital in
the account in time.

 

8.3 Party B shall have the right to negotiate
with Party A to sign another account management agreement according to Party A’s credit status and financing situation, and
to clearly agree on the management of the withdrawal of capital from designated accounts.

 

    	 	 	 

     

    

 

Article IX Repayment of Loan

 

9.1 Party A’s source of repayment
includes but is not limited to its operating income, Party A undertakes not to use the aforementioned agreement to refuse
to perform its repayment obligations under this contract under any circumstances, and no matter Party A has any agreement on the
source of repayment funds of Party A in any other contract as a party, this agreement cannot affect the performance of Party A’s
repayment obligations under this contract.

 

9.2 Party A shall deposit the repayable
amount (interest, principal) in full in the account opened by Party B before the termination of Party B's business hours on the
repayment date (interest date, repayment date), and Party B shall have the right to draw directly from its account. In case of
a statutory holiday, it shall be extended to the first working day after the end of the statutory holiday.

 

9.3 Party B shall have the right to directly
remit the amount payable by Party A from the accounts opened by Party A in all the business institutions of Huaxia Bank Co., Ltd.
When the currencies remitted for receipt are different from those under this contract, they shall be converted to the foreign exchange
license price announced by Party B on the date of remittance.

 

9.4 Payments made by Party A (including
the amount received by Party B in accordance with this contract) shall be settled in the following order: expenses, damages, liquidated
damages, compound interest, overdue interest and penalty interest, interest and principal for the realization of creditor’s
rights and security rights, Party B shall have the right to change the above order.

 

9.5 Party A shall submit a written application
to Party B ten working days in advance for the advance repayment, with the written consent of Party B, and handle it in the following
manner:

 

þ
Party B shall collect interest according to the loan interest rate and
actual days of use stipulated in this contract;

 

☒ In
addition to the interest charged on the loan interest rate and the actual number of days used in the loan as stipulated in
this contract, Party B shall collect compensation at no content here % of the amount of advance payment, but it shall
no more than prepayment amount × the loan interest rate agreed in this contract/360×number of days in
advance.

 

Article X Loan Guarantee

 

10.1
Where the loan under this contract is a guaranteed loan, the guaranteed method shall be: þGuarantee
☒Mortgage
☒Pledge ☒
        /       .

 

The guarantee contract shall be signed
separately by the guarantor and Party B.

 

10.2 If the loan guarantee under this contract
is the maximum amount guarantee, the corresponding maximum amount guarantee contract shall be:

 

☒
Maximum Guarantee Contract signed by guarantor no content here
and Party B (No.: no content here);

 

☒
Maximum Guarantee Contract signed by mortgager no content here
and Party B (No.: no content here);

 

☒
Maximum Guarantee Contract signed by pledgor no content here
and Party B (No.: no content here);

 

☒
No content here.

 

Article XI Financial Agreement

 

During the term of this contract, Party A
shall abide by the following financial indicators:

 

No content here and the addition clause
is invalid

 

Article XII Party A’s Statement
and Warranties

 

Party A hereby states and warrants to Party
B as follows:

 

12.1 Party A is a legitimate unit registered
and validly existing according to law, it shall have the right to dispose of the property it operates and manages, to conduct business
related to the purpose of the loan under this contract, and to sign and perform this contract.

 

12.2 The signing of this contract by Party
A has been legally approved by the superior competent authority or the board of directors of the company and other competent bodies,
and has obtained all necessary authorization.

 

    	 	 	 

     

    

 

12.3 Party A shall sign and perform this
contract without violating any provisions or agreements binding on Party A and its assets, and without violating any guarantee
agreement, other agreements and any other documents, agreements and commitments binding on Party A.

 

12.4 Party A guarantees to provide complete
documents and materials as required by Party B and to ensure that the documents and materials provided are authentic, accurate,
complete, legal and effective.

 

12.5 All the behaviors and performances
of Party A related to environmental and social risks meet the requirements of laws and regulations, and there are no major litigation
cases involving environmental and social risks.

 

Article XIII Party A’s Rights and
Obligations

 

13.1 Party B shall open settlement accounts
in Party B or its designated institutions as required by Party B, and accept Party B’s supervision over such accounts in
accordance with the relevant provisions of this contract.

 

13.2 Loans shall be used for the purposes
stipulated in this contract, it shall not be used for investment in fixed assets, equity, etc. or for areas and purposes where
production, production and operation are prohibited by the state.

 

13.3 Party A shall not embezzle the working
loans for other purposes, and shall provide timely, including but not limited to, pre-loan investigation, loan payment management,
after-loan management and other relevant inspection of Party B according to Party B’s requirements:

 

13.3.1 Business license, organization code
certificate, statutory representative’s identity certificate and necessary personal information, board members and principal
officials, list of financial officials, business license and tax registration certificate of qualified annual inspection by tax
department, copies of tax certificates and loan certificates (cards) of tax authorities shall be provided in accordance with Party
B’s requirements;

 

13.3.2 All account-opening banks, accounts
and deposits and loans;

 

13.3.3 Provide audited balance sheet, profit
and loss statement, shareholder equity statement, sales, cash flow statement, financial statements and notes and explanations according
to Party B’s requirements;

 

13.3.4 Production and operation plans,
statistical statements;

 

13.3.5 All external guarantees (including
any organization of Party B);

 

13.3.6 Information on all affiliated enterprises
and their affiliations and related transactions that have occurred or are about to occur that account for more than 10% of their
net assets and mutual guarantee among group customers;

 

13.3.7 The occurrence of litigation, arbitration,
administrative punishment, debt disputes with others and the criminal filing, prosecution and punishment of management personnel;

 

13.3.8 Records and information on the use
of loans under this contract.

 

13.4 The principal and interest of the
loan shall be repaid as stipulated in this contract.

 

13.5 It shall notify Party B in writing
30 days in advance includes but not limited to foreign investment, substantial increase in debt financing, contracting, leasing,
trusteeship, asset restructuring, debt restructuring, equity restricting, equity transfer, joint management, merger, division,
joint venture (cooperation), reduction of registered capital or application for business rectification, application for dissolution
(or cancellation), application for reorganization, reconciliation and bankruptcy and other business methods, own system, solvency
and legal status change, and fulfill the obligation to pay off the debts under this contract with the written consent of Party
B, or provide new guarantees approved in writing by Party B, otherwise, the above-mentioned activities shall not be carried out
until all debts under this contract have been paid off.

 

13.6 Party B shall notify Party B in writing
within three days including, but not limited to, the change of its own system and legal status, such as the announcement of closure,
closure, dissolution, application for reorganization, bankruptcy, etc., and take effective measures to protect Party B’s
creditor’s rights.

 

13.7 Party B shall notify Party B in writing
within three days of any other situation which may endanger its normal operation or the safety of Party B's creditor's rights,
and take effective measures to protect Party B’s creditor’s rights.

 

    	 	 	 

     

    

 

13.8 Party A shall notify Party B in writing
within seven days after Party A changes its domicile, name, legal representative or other middle and senior management personnel.

 

13.9 Before repaying the principal and
interest of Party B’s loan, Party A shall not sell specific assets, pay off other long-term debts in advance and provide
additional debt guarantee for third parties without Party B’s consent.

 

13.10 Party A shall not sign a contract
with any third party that is detrimental to Party B's rights and interests under this contract.

 

13.11 In the case of guarantee, the guarantor
violates any obligation or declaration, guarantee and undertaking stipulated in the guarantee contract, or in case of loss of guarantee
ability, Party A shall immediately provide new guarantee approved by Party B or pay off the loan hereunder in advance.

 

13.12 Party A shall sign and receive all
kinds of notices sent by Party B or served by other means in time.

 

13.13 Party A shall strengthen environmental
and social risk management and accept and cooperate with Party B or its accredited third party for supervision and inspection.
If Party B requests, it shall timely submit environmental and social risk report to Party B.

 

Article XIV Party B’s Rights and
Obligations

 

14.1 Party B shall have the right to request
Party A to provide information relating to the loan under this contract.

 

14.2 Party B shall have the right to supervise
and inspect the use of loans under this contract, and to know Party A’s business activities, financial situation, guarantee
and disputes over creditor’s rights.

 

14.3 Party B shall have the right to require
Party A to open settlement accounts in Party B’s designated institutions and to monitor such accounts in accordance with
the relevant provisions of this contract.

 

14.4 Party B shall have the right to participate
in Party A’s large-scale financing, asset sales, mergers, separation, joint-stock reform, bankruptcy liquidation and other
activities without violating laws, regulations and regulatory provisions to safeguard its creditor’s rights.

 

14.5 In the process of loan payment, if
Party A’s credit condition drops, the profitability of its main business is poor, the loan funds are not used according to
the agreed purpose or the loan funds are not paid in accordance with the agreed way, Party B shall have the right to change the
terms and methods of loan payment, or take measures such as stopping the issuance and payment of loan funds, announcing the immediate
maturity of all loans issued and recovering the principal and interest of loans issued in advance.

 

14.6 If all the loan funds of Party A are
withdrawn in advance before the maturity of the loan, Party B shall have the right to withdraw the loan in advance according to
the withdrawal of funds of Party A.

 

14.7 Party B shall keep confidential the
information provided by Party A and the information inquired by Party B. Party B shall have the right to retain and use the information
provided by Party A and the information inquired by Party B within the time limit stipulated by laws, regulations, supervision
regulations and authorities (Party B shall have the right to destroy the information beyond the time limit mentioned above); shall
have the right to provide information in accordance with laws and regulations, regulatory provisions and compulsory orders of judicial
organs; shall have the right to disclose the information to Party B’s agents and cooperative agencies for the purpose of
fulfilling this agreement, and to obtain the confidentiality promises of the agents and cooperative agencies.

 

14.8 During the validity period of this
contract, when Party B changes its residence, it shall issue a notice of change of address in time.

 

Article XV Responsibility for Breach
of Contract

 

15.1 After the entry into force of this
contract, both parties shall fulfill their obligations under this contract, any failure or incomplete performance of the obligations
stipulated in this contract, or breach of the declarations, guarantees and commitments made by either party under this contract,
constitutes a breach of contract and shall be liable for breach of contract.

 

    	 	 	 

     

    

 

15.2 For the reasons of Party A or the
guarantor under this contract, Party A fails to complete the corresponding guaranty procedures in accordance with the contract,
or Party A fails to go to Party B for withdrawal formalities in accordance with the time stipulated in this contract, and the loan
issuance time exceeds 30 days (including statutory holidays and rest days), Party B shall have the right to cancel the contract
and recover the payment in advance.

 

15.3 If Party A fails to repay the principal
of the loan due (including early maturity) within the repayment period stipulated in this contract, it shall, from the date of
expiration, charge a penalty interest rate of 50% at the interest rate stipulated in this contract, and collect the overdue interest;
If Party A fails to pay the interest within the term of the loan, it shall collect and recover the interest according to the loan
interest rate stipulated in this contract; interest that has not been paid after the expiration of the loan shall be recovered
at the penalty interest rate stipulated in this paragraph.

 

15.4 If Party A fails to use the loan for
the purpose specified in this contract, the principal and interest of the loan shall be increased by 50% as the penalty interest
rate from the date of breach of contract, and the penalty interest and compound interest shall be calculated and collected.

 

15.5 If the loan under this contract is
overdue or used for the purpose specified in the contract, the overdue interest, penalty interest and compound interest shall be
charged monthly.

 

15.6 If Party A breaches the contract and
causes Party B to realize its creditor’s rights through litigation, Party A shall bear the appraisal fee, appraisal fee,
auction fee, litigation fee, arbitration fee, notarization fee, lawyer’s fee and other reasonable expenses for Party B to
realize its creditor’s rights.

 

Article XVI Recover the Loan in Advance

 

In case of any of the following acts by
Party A, Party B shall have the right to declare that all loans issued are due immediately, to recover the principal and interest
of the loans issued in advance, and to stop extending loans, and to take corresponding measures in accordance with the law:

 

16.1 Party A fails to use the loan for
the purpose specified in this contract or fails to pay the principal, interest and other payables in full and on time;

 

16.2 Party A fails to pay the loan capital
in the agreed way;

 

16.3 Party A breaks through the agreed
financial indicators;

 

16.4 Party A fails to disburse the loan
capital in the agreed way;

 

16.5 Party A breaches the contract and
evades Party B’s entrusted payment by the method of breaking up the whole into parts;

 

16.6 Party A provides Party B with false
or concealed financial statements and other loan information or concealed important business financial facts;

 

16.7 Refusing to accept Party B’s
supervision and inspection of its use of loans and related production, operation and financial activities;

 

16.8 Party A engages in equity investment
with loans;

 

16.9 Party A engages in speculative business
or other illegal and illegal transactions in securities, futures and real estate by using loans;

 

16.10 Party A arbitrages loans for borrowing
and earning illegal income;

 

16.11 Party A defrauds loans by fraudulent
means;

 

16.12 Using the false contract with the
related party to pledge to Party B the creditor’s rights such as bills receivable and accounts receivable without actual
trade background and to arbitrage the bank’s funds;

 

16.13 Those who intentionally evade bank
creditor's rights through related party transactions;

 

16.14 Party A breaches any contract or
agreement signed by Party A and others (including Party B of this contract) as a party, or any promise or guarantee made by Party
A unilaterally, thus constituting a serious breach of contract for other debts;

 

16.15 Party A’s business method,
system, solvency or legal status has changed, including but not limited to, foreign investment, substantial increase in debt financing,
contracting, leasing, trusteeship, asset restructuring, debt restructuring, equity transfer, stock system reform, joint venture,
merger, acquisition, division, compensatory transference of proprietary rights, joint venture (cooperation), reducing registered
capital or applying for closure and rectification, applying for dissolution (or revocation), applying for reorganization, reconciliation
and bankruptcy, etc., failing to obtain Party B’s written consent and fulfill the liability for liquidation of debts under
this contract or to provide new guarantees approved by Party B;

 

    	 	 	 

     

    

 

16.16 The guarantee under this contract
has changed to the detriment of Party B's creditor’s rights, including but not limited to collateral, collateral damage,
loss, value reduction, or if the guarantor breaches any obligation established for him in the guarantee contract and Party A fails
to provide additional guarantees as required by Party B;

 

16.17 If the guarantee contract or other
means of guarantee are not in force, invalid or revoked, or if the guarantor loses part or all of the guaranty capacity or expressly
expresses his non-performance of the guarantee obligation, if the guarantor breaches any obligation or undertaking stipulated in
the guarantee contract or the contract signed with a third party, and Party A fails to provide additional guarantees as required
by Party B;

 

16.18 The statements and warranties made
by Party A are not true, accurate or have major concealment;

 

16.19 Where Party A expressly expresses
or manifests in its own conduct that Party A does not perform its obligations under this Contract;

 

16.20 Party A breaches any other obligations
and commitments stipulated in this contract, and Party B considers that it is sufficient to affect the realization of its creditor’s
rights;

 

16.21 Party A’s description in the
application for withdrawal and/or the attached application materials for withdrawal is untrue or Party A violates its commitments
in the application for withdrawal;

 

16.22 Liability accidents, major environmental
and social risks or events caused by Party A’s violation of food safety, production safety, environmental protection and
other laws, regulations, regulatory provisions or industrial standards related to environmental and social risk management have
or may affect the performance of its obligations hereunder;

 

16.23 The deterioration of Party A’s
business and financial situation, the failure to pay the debts due, or the involvement of major economic lawsuits or arbitration
and other legal disputes, has seriously affected and threatened the realization of Party B’s creditor’s rights;

 

16.24 Party A’s group customers’
overall credit, business and financial situation are in serious crisis, which poses a major threat to the safety of Party B’s
loans;

 

16.25 Where Party A is suspended, dissolved,
suspended, revoked or cancelled its business license, etc.;

 

16.26 Other situations may result in the
threat or serious loss of the realization of Party B’s creditor’s rights under this contract.

 

Article XVII Effectiveness of Contract

 

This contract shall come into force on the
date of signing by both parties.

 

Article XVIII Transfer and alteration
of the Contract

 

18.1 Party A agrees that after the entry
into force of this contract, Party B may transfer all or part of the creditor’s rights under this contract to a third party.

 

18.2 After the entry into force of this
contract, if Party A transfers all or part of the debts under this contract to a third party, it shall submit to Party B in advance
written documents or provide new guarantees after the Guarantor agrees to transfer, and with Party B’s written consent.

 

18.3 After the entry into force of this
contract, neither Party A nor Party B shall alter it without authorization. In case of any change, both parties shall reach a written
agreement on the change.

 

18.4 If Party A requests the extension
of the loan under this contract, the extension agreement shall be signed after Party B’s examination and approval. If Party
B does not agree to the extension, Party A shall still fulfill its repayment obligations as stipulated in this contract.

 

    	 	 	 

     

    

 

Article XIX Confidentiality

 

Either party A or B shall have the obligation
to keep confidential the other party’s trade secrets, contract terms and other information related to interests obtained
during the signing and performance of the contract; unless otherwise stipulated by laws, regulations and regulatory policies, such
information shall not be disclosed or disclosed to any third party without the consent of the other party.

 

Article XX Governing Law and Settlement
of Disputes

 

20.1 This contract shall be governed by the
laws of the People’s Republic of China.

 

20.2 All disputes arising from this contract
between Party A and Party B shall be settled through consultation; if consultation fails, the two sides choose to settle it in
the following way:

 

þ
To bring a suit in the people’s court where Party B is located.

 

☒
To apply to no content here arbitration commission for arbitration.

 

Article XXI Notification and Delivery

 

During the term of validity of the contract,
all documents sent by Party B to Party A according to Party A’s information contained in this contract shall be deemed to
be served as the same when Party A's information, such as the name, legal representative, domicile and telephone number, changes
occur and Party B has not been notified in writing.

 

Article XXII Appendix

 

22.1 If Party A and Party B have signed
the Maximum Financing Contract which number is no content here, then this contract:

 

☒
It is the specific business contract under the Maximum Financing Contract.

 

☒
It is managed independently of the Maximum Financing Contract.

 

If the two parties have not explicitly
agreed or agreed on the above matters, this contract will automatically become a specific business contract under the Maximum
Financing Contract signed by both parties.

 

22.2 Party A authorizes Party B to provide
information on this contract and other relevant information to the credit information base database of the People’s Bank
of China or other credit databases established by law in accordance with the provisions of relevant laws and regulations or other
normative documents or the requirements of the financial supervision machine, for inquiry and use by suitably qualified institutions
or individuals, at the same time, Party B is authorized to inquire Party A’s relevant information through the People’s
Bank of China’s Credit Information Base Database and other credit databases established according to law for the purpose
of the conclusion and performance of this contract.

 

22.3 If one party of the contract proposes
to amend the contract in order to comply with the changed laws, regulations, judicial interpretations and regulations, the other
party shall cooperate. Otherwise, loans that have not been issued will cease to be issued.

 

22.4 Other matters agreed by both parties

 

No content here and the addition clause
is invalid 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

.

 

    	 	 	 

     

    

 

22.5 When ☐ mode is adopted as option
under this contract, please tick √in the ☐ to express the clause is applicable, tick × means that
this clause does not apply.

 

22.6 This contract is made in two copies
by Party A, two copies by Party B and one copy by the notary party, all of which shall have the same legal
effect.

 

22.7 The relevant annexes under this contract
are an integral part of this contract and have the same legal effect as this contract.

 

22.8 Party B has taken reasonable measures
to draw Party A’s attention to the provisions of this contract exempting or limiting Party B’s responsibilities, and
fully explain the relevant terms and conditions as required by Party A; there is no objection to the understanding of all the terms
and conditions of this contract between Party A and Party B.

 

Appendix: Application for Withdrawal of
Working Capital Loan

 

    	 	 	 

     

    

 

Signature page (No text on this page)

 

	Party A:	(Seal): Xinjiang United Family Trading Co., Ltd.
	Legal Representative:	 
	(or Entrusted Agent)	(Signature): /s/
Baolin Wang (seal)                               

  

May 7, 2020

  

	Party B:	(Seal): Urumqi Youhao Road Sub-Branch of Huaxia Bank Co., Ltd.
	Legal Representative/Principal:	 
	(or Entrusted Agent)	(Signature or seal):
/s/ Li Meng (seal)                           

  

May 7, 2020Exhibit
10.10

 

Guarantee
Agreement

Contract
No.: [*]

 

Party
A (Client): Xinjiang United Family Trading Co., Ltd.

Residence
(Address): No.26 Wenhua Road, Tianshan District, Urumqi

Legal
Representative: Wang Baolin

 

Party
B (Trustee): Xinjiang Financing Guaranty Co., Ltd.

Residence
(Address): Tiancheng Square, No.222 Jiefang North Road, Tianshan District, Urumqi

Legal
Representative: Zhou Jun

 

Party
A entrusts Party B to guarantee, Party B agrees and decides to guarantee after study. The parties hereby enter into this agreement
by mutual agreement in accordance with the provisions of the Guarantee Law of the People’s Republic of China, the
Contract Law of the People’s Republic of China and other relevant laws.

 

Article
I Guarantee Object and Amount

 

1.1
Party B provides guarantee to creditors for the working capital loan business applied by Party A to Urumqi Youhao Road
Sub-Branch of Huaxia Bank Co., Ltd. (hereinafter referred to as the “Creditor”). The term of Party A’s financing
is two years, and the purpose is: supplementary working capital.

 

1.2
Party A and Party B agree through negotiation that the principal amount of Party B’s secured creditor’s right is:
RMB15,000,000 (in words: Renminbi Fifteen Million). The principal amount of the secured creditor’s right shall be subject
to the terms of the guarantee agreement signed by Party B and the Creditor.

 

Article
II Scope, Manner of Guarantee and Guaranty Period

 

The
scope, manner and guaranty period of Party B shall be subject to the guarantee agreement signed by Party B and the Creditor.

 

Article
III Guarantee Fees:

 

3.1
Party A shall pay Party B a guarantee evaluation fee of RMB5,000 in a lump sum, which shall be paid separately if there
is no conflict with the fees stipulated in paragraph 2 of this Article.

 

3.2
Through full negotiation by both parties, Party A shall pay the guarantee fees to Party B in accordance with the Article 3.2.1
below.

 

3.2.1
Party A and Party B determine that the charge ratio of the guarantee fees shall be 1% of the principal amount of the secured
creditor’s right, which shall be paid by Party A in a lump sum before Party B issues the Guarantee Letter to the
Creditor.

 

3.2.2
Party A and Party B determine the charge ratio of guarantee fees: Party B charges \% of the principal amount of the secured
creditor’s right each year, the guarantee fees shall be paid by Party A to Party B in a lump sum before \ day \ month
of each year.

 

3.2.3
Other payment methods:

 

3.3
If Party A fails to repay the Creditor on time, it shall pay the overdue premium to Party B, which shall be calculated at 4%
of the total amount of principal and interest of Party A’s outstanding creditor’s right annually.

 

3.4
If Party A negotiates with the Creditor of the loan extension, and Party B agrees in writing to extend the guarantee liability
of Party B, Party A shall pay Party B guarantee fees for the loan extension with a ratio of 2% of the amount of loans extended.

 

Article
IV Post-Guarantee Supervision and Management Right:

 

After
the release of the guarantee funds, Party B shall have the right to make periodic or irregular investigations on Party A’s
production and operation conditions, creditor’s rights and debts, use of financing funds, project progress, etc., and require
Party A to provide relevant documents and materials. Party A must answer all questions raised by Party B truthfully and without
any evasion or concealment, Party A shall not, for any reason, obstruct or interfere with Party B’s regular or regular inspection,
understanding and supervision in any way.

 

     

     

    

 

Article
V Party B’s Right of recourse and Right of Subrogation

 

5.1
If Party A fails to repay the debt in full and on schedule as agreed in the financing business agreement with the Creditor, Party
B shall have the right to immediately exercise the right of recourse against Party A after fulfilling the guarantee obligation
under the guarantee agreement, and require Party A to repay the following funds:

 

5.1.1
All the compensation paid by Party B to the Creditor and the interest occupied by compensation funds on behalf of Party A due
to the performance of the guaranty liability, the interest occupied by compensation funds shall be calculated on the basis of
the total amount reimbursed by Party B, at an annual interest rate of 24% from the day after compensation; the compensation shall
include but not limited to the principal, interest, compound interest, penalty interest, liquidated damages payable by Party A
to the Creditor, indemnity, and expenses incurred by the Creditor in realizing the creditor’s rights, etc.

 

5.1.2
All expenses incurred by Party B in realizing the right of recourse (including but not limited to legal costs, attorney’s
costs, execution costs, appraisal costs, registration costs, transfer costs, storage costs, travel expenses, etc.).

 

5.1.3
Overdue premium as stipulated in 3.3 of Article III of this agreement.

 

Party
A shall repay Party B within 5days after Party B makes the compensation.

 

5.2
Party B shall have the right to exercise all rights against Party A in place of the original creditor within the scope of liquidation,
including the right to take over any security interest established for the Creditor’s rights and the right of claim of third
party to provide guarantee for Party A’s borrowings.

 

Article
VI Party A’s Obligations

 

6.1
All materials provided to Party B shall be true and accurate; all submitted copies shall be in accordance with the original; the
facts stated shall not be false.

 

6.2
The premium shall be paid on schedule as stipulated in Article III of this agreement.

 

6.3
The fund shall be used strictly in accordance with the purposes agreed in the financing business agreement with the Creditor,
and the purpose shall not be changed.

 

6.4
Strictly implement the repayment plan in accordance with the repayment method, capital source, time and amount stipulated in the
financing agreement, timely inform Party B of the repayment situation, and provide necessary repayment documents.

 

6.5
Accept Party B’s supervision of its production and management, financial accounting, and provide Party B with financial
statements on a monthly basis or as required by Party B.

 

6.6
If Party A provides guarantee for a third party beyond its capacity, shall obtain Party B’s written consent.

 

6.7
If Party A changes the company name, business scope, registered capital, legal representative, project’s responsible person
and responsible person of financial, address and telephone number, etc., and Party A’s business mechanism or equity structure
changes (including but not limited to contracting, leasing, joint venture, partnership, transfer, merger, division, share-holding
reform, joint venture or cooperation with foreign companies, etc.), it shall give a written notice to Party B 30 days in advance,
and shall not affect Party B’s interests as the guarantor;

 

6.8
If other major operation decisions that may affect the interests of Party B as guarantor are implemented, Party B’s written
consent shall be obtained in advance.

 

6.9
Party A shall not change the financing business agreement with the Creditor without the written consent of Party B.

 

Article
VII In case of any of the following circumstances, Party A shall promptly notify Party B in writing, Party B may notify the Creditor
of the financing business agreement to stop generating new creditor’s rights or recover the incurred creditor’s rights
in advance:

 

7.1
Arbitrarily change the use of funds;

 

7.2
Providing guarantee to a third party beyond its own capabilities without the written consent of Party B;

 

    2

     

    

 

7.3
Financial condition deteriorates, and production and management produce serious difficulties;

 

7.4
Involving major economic disputes or administrative penalties, causing major property losses and casualties due to major safety
liability accidents or involving criminal proceedings, which are enough to seriously affect production and management and financial
situation;

 

7.5
Counter-guaranteed property is not insured, or the value of anti- guarantee property may be severely depreciated, or anti- guaranteed
property may be lost, or dispose (transfer) counter-guarantee property without authorization, which is enough to endanger the
interests of Party B;

 

7.6
Other major matters affecting Party B’s interests.

 

Article
VIII Party B’s Obligations

 

8.1
Fulfill the guarantee obligation in accordance with the agreement;

 

8.2
Party B shall keep confidential the information provided by Party A and the operation information it has learned.

 

Article
IX Party A recognizes the guarantee agreement signed by Party B and the Creditor of the financing business agreement, the scope
of Party B’s compensation shall be based on the guarantee agreement signed by Party B and the Creditor, Party A shall not,
on the ground that the amount of Party B’s compensation exceeds the amount agreed in the financing business agreement between
Party A and the Creditor, disagree the amount of Party B’s compensation, Party B may claim the full amount stipulated in
Article V hereof from Party A.

 

Article
X Party B shall have the right to require Party A to provide counter-guarantee, and sign the relevant Counter-guarantee Agreement
separately.

 

Party
A shall be obliged to provide effective counter-guarantee as required by Party B, and sign the relevant Counter-guarantee Agreement.

 

Article
XI Enforcement Notarization

 

This
agreement shall have the effect of enforcement if it has received the notarial certificate of creditor’s rights document
with the effect of enforcement. In case of compensation, Party B shall have the right to apply to the people’s court with
jurisdiction in the place where Party B is located for the enforcement of all enforceable property such as Party A’s current
assets, fixed assets and external creditor’s rights. The amount of application for enforcement is: the total amount stipulated
in 5.1 of Article V of this Agreement, the liquidated damages stipulated in Article XII and all other expenses payable by Party
A.

 

Article
XII Responsibility for Breach of Contract

 

12.1
If Party A fails to pay the premium to Party B as stipulated in this agreement, for each day of delay, Party A shall pay Party
B liquidated damages calculated on the basis of five ten thousandths of the unpaid premium amount per day.

 

12.2
If Party A fails to repay the debts as stipulated in the financing business agreement with the Creditor, and involving the guarantee
liability and other civil liability of Party B, except that Party A shall bear all the liabilities for compensation to Party B,
Party A shall also pay liquidated damages to Party B in accordance with all debts paid by Party B on behalf of Party A and 30%
of all expenses incurred by Party B in the process of realizing the creditor’s rights.

 

Article
XIII Appendix

 

13.1
“Financing business agreement” refers to the agreement signed by Party A and the Creditor for borrowing, bank’s
acceptance bill, establishment of a letter of credit, issuing letter of guarantee and other financing services.

 

13.2
“Creditor” refers to the borrower in the financing business agreement, the acceptance bank in the bank’s acceptance
bill, the beneficiary in the guarantee letter and other business, etc.

 

    3

     

    

 

13.3
“Guarantee agreement” refers to a (maximum) guarantee agreement signed by Party B and the Creditor, a guarantee letter
issued by Party B to the Creditor, a (maximum) irrevocable guarantee letter, etc.

 

Article
XIV Miscellaneous

 

14.1
Any dispute arising from this agreement shall be settled by both parties through friendly negotiation, if no settlement can be
reached through negotiation, such dispute shall be under the jurisdiction of the people’s court at the place where Party
B is located

 

14.2
This agreement shall come into force on the date when it is signed by both parties.

 

14.3
This agreement is made in five copies, one held by Party A and one held by Party B, which shall have the
same legal effect.

 

14.4
Party A’s operator of this agreement: Cai Jihong Contact number: [*]

 

Party
B’s operator of this agreement: Zhao Bin Contact number: [*]

 

Article
XV Notice:

 

Party
B has asked Party A to understand the terms of this agreement comprehensively and accurately, and to explain the relevant terms
at the request of Party A, the signing parties have the same understanding of the meaning of this agreement.

 

	Party
                                         A (seal): Xinjiang United Family Trading Co., Ltd.

                                                                                                 Legal
Representative: /s/ Wang Baolin (seal)

        (or
entrusted agent):

         

        Date
        of Signing: May 9, 2020
	Party
                                         B (seal): Xinjiang Financing Guaranty Co., Ltd.

                                                                                                 Legal
Representative: /s/ Zhou Jun (seal)

        (or
entrusted agent):

         

        Date
        of Signing: May 9, 2020

 

 

4

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00325-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00325-of-00352.parquet"}]]