Document:

Exhibit 10.4

 

Exclusive Technical Consultation and
Service Agreement

 

This Exclusive Technical Consultation and
Service Agreement (this “Agreement”) is entered into in Xi'an, the People’s Republic of China (the “PRC”)
on February 25, 2020, by and between the following Parties:

 

Party A: Xi’an Minglan Management
Co., Ltd.

Registered address:

 

Party B: Sancaijia Co., Ltd.

Registered address:

 

(In this Agreement, the above parties are
hereinafter referred to individually as a “Party” and collectively as the “Parties.”)

 

Whereas:

 

(1) Party A is a wholly foreign-owned enterprise,
duly incorporated and validly existing under the laws of the PRC:

 

(2) Party B is a limited liability company,
incorporated in Xi'an, China and validly existing under the laws of the PRC; and

 

(3) For the purpose of operating its business,
Party B has decided to employ Party A as its exclusive technical service supplier to provide software technology development, technical
consulting and technical services related to Party B’s business (as defined below). Party A agrees to provide Party B with
the corresponding technical services in accordance with the provisions of this Agreement.

 

NOW, THEREFORE, the Parties, through
amicable negotiations and based on the principle of equality and mutual benefit, hereby agree as follows in respect of the specific
issues concerning the exclusive technical service is to be provided by Party A to Party B:

 

Article 1 Definition and Interpretation

 

		1.1	Except as otherwise defined in the terms or context hereof, the following terms in this Agreement
shall have the following meanings:

 

“Party
B’s Business” means all businesses that Party B is currently operating and developing at any time during the term
of this Agreement.

 

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“Services”
means the services provided by Party A to Party B in relation to Party B’s business, including but not limited to:

 

(1) licensing
Party B to use related software required by its business;

 

(2) providing
technical support related to Party B’s Business;

 

(3) providing
professional consultation services related to Party B’s Business;

 

(4) daily
management, maintenance and updating of hardware devices and databases;

 

(5) training
of technical and business personnel of Party B;

 

(6) providing
market research, planning and development services;

 

(7) providing
business planning and strategy (advisory suggestions);

 

(8) providing
client support and development services (advisory suggestions); and

 

(9) other
relevant technical services and consulting services provided at the request of Party B from time to time as permitted by Chinese
law.

 

“Service
Team” means the team established by Party A in order to provide Party B with the Services under this Agreement, including
employees engaged by Party A, independent third party professional consultants and other personnel engaged by Party A.

 

“Service
Fees” means all fees payable by Party B to Party A pursuant to Article 3 of this Agreement in respect of the Services
provided by Party A.

 

“Operating
Revenue” means, in any single fiscal year during the effective term of this Agreement, the total revenue generated by
Party B in its daily operation of the business of that year as recorded under the column entitled “Revenue of Main Business”
(or other such similarly named column) in the audited financial statements prepared in accordance with the accounting standards
of the PRC.

 

“Annual
Business Plan” means the development plan and budget report for Party B’s Business in the next calendar year which
is prepared by Party B with the assistance of Party A pursuant to this Agreement before November 30 of each year.

 

“Equipment”
means any and all equipment owned and purchased by Party A from time to time and used for the purpose of providing services.

 

		1.2	References to any laws and regulations (the “Law”) herein shall be deemed to include
(1) references to any amendments, changes, supplements and reenactments of such Law, irrespective of whether they take effect before
or after the execution of this Agreement; and (2) references to any other decisions, notices or regulations enacted in accordance
therewith or effective as a result thereof.

 

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		1.3	Except as otherwise stated in the context herein, all references to an article, clause, item or
paragraph shall refer to a corresponding article, clause, item or paragraph of this Agreement.

 

Article
2 Exclusive Technical Consulting Services

 

		2.1	Party A is the exclusive technology service provider to Party B, except for the circumstances set
forth in Article 2.3 or Article 2.4 of this Agreement, any technical service (including but not limited to technical consulting
services related to Party B’s business) as required during the course of business operated by Party B must be rendered by
Party A on an exclusive basis. Without the prior written consent of Party A, Party B shall not seek any technical service under
this Agreement rendered by any third party by any means other than Party A.

 

		2.2	Party A shall be equipped with the Equipment and Service
Team reasonably necessary for its provision of Services and purchase, acquire new Equipment and deploy new personnel according
to the Annual Business Plan and reasonable requirements of Party B so as to achieve the purpose of Party A to provide Party B
with high-quality services in accordance with this Agreement. However, from time to time, Party A may replace any member of the
Service Team or change the work duties and responsibilities of any member of the Service Team at its sole discretion, provided
that such replacement or change of work duties and responsibilities shall not materially adversely affect the day-to-day business
operations of Party B.

 

		2.3	Party B agrees that in event that Party A does not possess the capability to render specific technical
services to Party B objectively, such technical service shall be rendered by an appropriate third party solely appointed by Party
A in accordance with the terms and conditions of this Agreement. Party B further agrees that, in any case, Party A shall have the
right to appoint any third party adequately qualified in absence of any reason to replace Party A and render technical service
which should have been rendered by Party A in accordance with the Agreement, and Party B agrees to accept appropriate technical
services rendered by such appropriate third party entrusted by Party A.

 

		2.4	If any of the following circumstances occurs, Party B has the right to seek for any third party
to render technical service to Party B:

 

		2.3.1	Party A has voluntarily waived its rights as the exclusive
technical service provider and agreed in writing that such technical service shall be rendered by a third party to Party B;

 

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		2.3.2	Party A is unable to provide a certain technical service
to Party B objectively and fails to appoint an appropriate third party to provide such technical service to Party B; or

 

		2.3.3	Party A decides not to provide a certain technical service
to Party B and fails to appoint an appropriate third party to provide such technical service to Party B.

 

Article 3 Service Fees

 

		3.1	In respect of the Services to be provided by Party A pursuant
to the terms of this Agreement, Party B shall pay to Party A the Service Fees as follows:

 

		3.1.1	Service Fees equivalent to 100% of the total Operating
Revenue of Party B or such other amount otherwise agreed by the Parties; and

 

		3.1.2	Services Fees otherwise confirmed by the Parties for specific
technical services and consulting services provided by Party A in accordance with Party B’s requirement from time to time.

 

		3.2	Party B shall, within three months of the end of each calendar year, pay the Service Fees determined
under Article 3.1 hereof into a bank account designated by Party A on a lump-sum basis. In case Party A changes its bank account,
it shall notify Party B in writing of such change at least seven (7) working days in advance of such change.

 

		3.3	The Parties agree that, in principle, the payment of the abovementioned Services Fees shall not
cause any difficulty to either Party’s operation for any year. For the aforesaid purposes, Party A may agree to the deferred
payment of the Services Fees by Party B, or upon the mutual agreement by the Parties through negotiation, Party A may adjust, pursuant
to a written agreement with Party B, the percentage of calculation and/or the specific amount of the Services Fees payable by Party
B to Party A as specified in Article 3.1 above.

 

		3.4	If Party A designates a third party to provide Party B
with the Technology Service in accordance with this Agreement, Party A may choose any of the following ways of payment for such
third party’s fees and require Party B to implement:

 

		3.4.1	Party B pays the fees for the Technology Service to the
third party directly; or

 

		3.4.2	Party B pays the fees for the Technology Service to Party A directly and Party A is responsible
for settling with such third party.

 

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		3.5	Where Party A designates a third party to provide Party
B with the Technology Service in accordance with this Agreement, in the event Party A, assumes any joint and several liability
to such third party at the request of Party B, Party B shall compensate Party A for all economic losses incurred thereby.

 

Article 4
Working Product, Intellectual Property and Proprietary Information

 

		4.1	The Parties agree and confirm that Party A shall hold the ownership of work product, intellectual
property and proprietary information during its term of providing the consulting services, except for the following:

 

		4.1.1	Intellectual property owned legally by a third party which
is licensed to or otherwise permitted to be used by Party A or Party B; and

 

		4.1.2	As may otherwise be agreed to by both Parties in writing.

 

		4.2	During the term of this Agreement, if Party B requires the use of Party A’s software, technical
systems or other intellectual property (together, the “Systems”), both parties shall enter into a separate agreement
defining the scope, method and fee for the use of such Systems.

 

		4.3	For the purpose of performing this Agreement, Party B may
use the work achievements created by Party A in the course of providing the services under this Agreement in accordance with the
provisions of this Agreement; nonetheless, this Agreement does not in any way permit Party B to use such work achievements in
any way for any other purposes.

 

		4.4	Either party guarantees to the other party that it will
compensate the other party for any and all economic losses caused to the other party due to any infringement of other party’s
intellectual property rights (including copyrights, trademark rights, patent rights and proprietary technology).

 

Article 5 Confidentiality Obligations

 

		5.1	Regardless of whether this Agreement is terminated or not,
each Party shall keep strictly confidential all business secrets, proprietary information, customer information and all other
information of a confidential nature concerning the other Parties known by it during the execution and performance of this Agreement
(collectively, the “Confidential Information”). Unless a prior written consent is obtained from the Party disclosing
the Confidential Information (the “Disclosing Party”) or unless it is required to be disclosed to third parties
in accordance with relevant laws, rules and regulations (including those of the United States Securities and Exchange Commission)
or the requirements of the place where any affiliate is listed on a stock exchange, the Party receiving the Confidential Information
(the “Receiving Party”) shall not disclose to any third party any Confidential Information. The Receiving Party
shall not use any Confidential Information other than for the purpose of performing this Agreement.

 

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		5.2	The following information shall not be deemed part of the
Confidential Information:

 

		(a)	any information that has been lawfully acquired by the
Receiving Party prior to entering into the Agreement as evidenced by other written documents;

 

		(b)	any information entering the public domain not attributable
to the fault of the Party receiving the information; or

 

		(c)	any information lawfully acquired by the Party receiving
the information through other sources after its receipt of such information.

 

		5.3	If requested by either Party, the other Party shall return,
destroy, or otherwise dispose of all documents, materials and software that contains or may contain any Confidential Information
as requested, and promptly stop using such Confidential Information.

 

		5.4	For purposes of performing this Agreement, the Receiving
Party may disclose the Confidential Information to its relevant employees, agents or professionals retained by it. However, the
Receiving Party shall ensure that the aforesaid persons shall comply with all relevant terms and conditions of this Article. In
addition, the Receiving Party shall be responsible for any liability incurred as a result of such persons’ breach of the
relevant terms and conditions of this Article 5.

 

		5.5	The Parties’ obligations under this Article shall
survive the termination of this Agreement. Either Party shall still comply with the confidentiality terms of this Agreement and
fulfill the confidentiality obligations as promised, until the other Party gives consent to the release of such obligations or
as a matter of fact, violation of the confidentiality terms herein will not cause damage of any form to the other Party.

 

Article 6
Payment of Taxes

 

		6.1	The Parties shall respectively pay taxes to relevant tax
authorities in accordance with all relevant laws, regulations and State policies.

 

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		6.2	In the event that either Party pays any tax for the other
Party, the paying Party shall submit the tax certificate to the payable Party as soon as possible, and the payable Party shall
compensate the equivalent amount to the paying Party within seven days after the receipt of such tax certificate.

 

Article 7 Representations, Covenants
and Warranties

 

		7.1	Both of the Parties represent, covenant and warrant to
the other Party as follows:

 

		7.1.1	It is a company lawfully established and validly existing
pursuant to the laws of the PRC;

 

		7.1.2	It is qualified to conduct the transaction hereunder and
such transaction is in line with its business scope;

 

		7.1.3	It has full power and authority to enter into this Agreement,
and its authorized representative has obtained full authorization to execute this Agreement on its behalf. This Agreement is legally
and properly signed and delivered. This Agreement constitutes a legal and binding obligation on it and may be enforceable under
the terms of this Agreement;

 

		7.1.4	It has the ability to perform its obligations hereunder,
and such performance will not violate any restrictions of legal documents binding upon it;

 

		7.1.5	It is not subject to any liquidation, dissolution or bankruptcy
procedures.

 

		7.2	Party B covenants that during the term of this Agreement,
Party B shall notify Party A of any change in Party B’s shareholding structure thirty (30) days in advance of any such change.
Without written consent of Party A, Party B shall not dispose of its important assets in any form.

 

		7.3	Party B shall neither conduct, nor allow any third party
to conduct, any act or omission that is detrimental to Party A’s ownership of technology or any other intellectual property
or any other rights of Party A.

 

		7.4	Party B shall promptly notify Party A of the lawsuits and
other unfavorable circumstances and shall make its best efforts to prevent the loss from expanding.

 

		7.5	Party B shall not enter into transactions that may materially
affect Party B’s assets, liabilities, business operations, shareholding structure, equity held by third parties and other
legal rights (except for generating in the course of normal or daily operations, disclosing to Party A or obtaining written consent
of Party A).

 

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

 

Article 8
Liability for Breach of Contract

 

		8.1	Either Party’s direct or indirect violation of any
provisions herein, or failure in assuming or untimely or insufficient assumption of, any of its obligations hereunder shall constitute
a breach of contract. The non-defaulting Party (the “Non-Defaulting Party”) is entitled to send to the defaulting
Party (the “Defaulting Party”) a written notice, requesting the Defaulting Party to rectify its breach, take
sufficient, effective and timely measures to eliminate the effects of breach, and compensate the Non-Defaulting Party for any
losses incurred by the breach.

 

		8.2	After the occurrence of breach, and in the event that such
a breach has made it impossible or unfair for the Non-Defaulting Party to perform its corresponding obligations hereunder based
on the Non-Defaulting Party’s reasonable and objective judgments, the Non-Defaulting Party is entitled to send to the Defaulting
Party a written notice of its temporary suspension of performance of corresponding obligations hereunder, until the Defaulting
Party stops the breach, takes sufficient, effective and timely measures to eliminate the effects of breach, and compensate the
Non- Defaulting Party for any losses incurred by the breach.

 

		8.3	The losses of the Non-Defaulting Party that should be compensated
by the Defaulting Party include direct economic losses and any foreseeable indirect losses and extra expenses incurred by the
breach, including without limitation, attorney’s fees, litigation and arbitration fees, financial expenses and travel charges.

 

Article 9 Force Majeure

 

		9.1	“Force Majeure” shall mean events beyond the reasonable control of the Parties
that are unforeseeable or foreseeable but unavoidable, which cause obstruction in, impact on or delay in either Party’s performance
of part or all of its obligations in accordance with this Agreement, including without limitation, government acts, natural disasters,
wars, hacker attacks or any other similar events.

 

		9.2	The Party affected by Force Majeure may suspend the performance
of relevant obligations hereunder that cannot be performed due to Force Majeure until the effects of Force Majeure are eliminated,
without having to assume any liability for breach of contract, provided however that such Party shall endeavor to overcome such
events and reduce the negative effects to the best of its abilities.

 

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		9.3	The Party affected by Force Majeure shall provide the other
Party with valid certificate documents verifying the occurrence of Force Majeure events, which documents shall be issued by the
notary office where the events occur (or other appropriate agencies). In case the Party affected by Force Majeure cannot provide
such certificate documents, the other Party may request such certificate documents in order to assume the liability for breach
of contract in accordance with this Agreement.

 

Article 10 Effectiveness, Termination
and Term of the Agreement

 

		10.1	This Agreement shall become effective upon execution by
each of the Parties on the date first written above. Unless the parties agree in writing to terminate the Agreement, or this Agreement
must be terminated in accordance with this Agreement or applicable PRC laws and regulations, this Agreement shall continue to
be valid.

 

		10.2	Unless provided otherwise herein, Party A is entitled to
unilaterally exercise immediate early termination of this Agreement by sending a written notice to Party B should any of the following
events were to occur:

 

		10.2.1	Party B breaches this Agreement, and within thirty (30) days
after Party A sends out a written notice of breach to Party B, Party B fails to rectify its breach, take sufficient, effective
and timely measures to eliminate the effects of breach and compensate Party A for any losses incurred by the breach;

 

		10.2.2	Party B is bankrupt or is subject to any liquidation procedure
and such procedure is not revoked within seven (7) days; and

 

		10.2.3	due to any event of Force Majeure, Party B’s failure
to perform this Agreement lasts for more than twenty (20) days.

 

		10.3	The early termination of this Agreement shall not affect
the rights and obligations of the Parties arising out of this Agreement prior to the early termination date.

 

Article 11 Notice

 

		11.1	Any notice, request, demand and other correspondence required
by this Agreement or made in accordance with this Agreement shall be made in written form and delivered to the following address
in person, by fax, telegram, telex, email, registered mail (postage paid) or express mail.

 

To Party
A: Xi’an Minglan Management Co., Ltd.

 Address:

 Attention:

 Email:

 

To Party
B: Sancaijia Co., Ltd.

 Address:

 Attention:

 Email:

 

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		11.2	If any such notice or other correspondence is transmitted
by fax, telegram, telex or email, it shall be treated as delivered immediately upon transmission; if delivered in person, it shall
be treated as delivered at the time of delivery; if delivered by registered mail or express mail, it shall be treated as delivered
three (3) days after posting.

 

Article 12 Miscellaneous

 

		12.1	This Agreement is written in English and translated into
Chinese. In the event of any discrepancy between the two versions, the English version shall prevail. This Agreement is made with
two (2) original copies, with one (1) original to be retained by each Party hereto, each of which shall have the same legal effect.

 

		12.2	The execution, validity, performance, revision, interpretation
and termination of this Agreement and the resolution of any dispute arising from this Agreement shall be governed in accordance
with the laws of the PRC.

 

		12.3	Should any dispute arise in connection with construction
or performance of any provision under this Agreement, the Parties shall seek in good faith to resolve such dispute through negotiations.
If the negotiations fail, any of the Parties may submit the dispute to the China International Economic and Trade Arbitration
Commission (CIETAC) for arbitration in Beijing in accordance with its arbitration rules then in effect, and the language
of arbitration shall be in Chinese. The arbitration judgment shall be final and binding on each of the Parties.

 

		12.4	None of the rights, powers or remedies granted to any Party
by any provision herein shall preclude any other rights, powers or remedies available to such Party at law and under the other
provisions of this Agreement. In addition, a Party’s exercise of any of its rights, powers and remedies shall not exclude
such Party from exercising any of its other rights, powers and remedies.

 

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		12.5	No failure or delay by a Party in exercising any rights,
powers and remedies available to it hereunder or at law (“Such Rights”) shall result in a waiver thereof, nor
shall the waiver of any single or part of Such Rights shall exclude such Party from exercising Such Rights in any other way and
exercising other rights of such Party.

 

		12.6	Each term contained herein shall be severable and independent
from each of the other terms. In case any term herein becomes all or partly invalid or unenforceable due to violation of law or
governmental regulations or other reasons, the affected part of such term shall be considered to have been removed, provided that
the removal of the affected part of such term shall not affect the legal effect of the remaining part of such term or other terms
herein. The Parties shall conclude new terms through consultations to replace such invalid or unenforceable terms.

 

		12.7	The headings in this Agreement are written for ease of
reference only and in no event shall they affect the interpretation of any terms of this Agreement.

 

		12.8	Any amendment or supplement hereto shall be made in writing
and shall become effective only upon due execution by the Parties hereto. Any Amended agreements and supplemental agreements executed
by the Parties will become part of this Agreement, having the same legal effect as this Agreement.

 

		12.9	Matters not covered in this Agreement shall be determined
by the Parties separately through consultation.

 

		12.10	This Agreement constitutes all agreements reached by the Parties on the subject matter of the cooperation
project, and supersedes any previous or concurrent oral and written agreement, understanding and correspondence relevant to the
subject matter of the cooperation project between the Parties. Unless specifically provided herein, there is no other explicit
or implicit obligation or covenant between the Parties.

 

		12.11	Party B shall not transfer any of its rights and/or obligations
under this Agreement to any third party without prior written consent of Party A. To the extent not in contravention of the PRC
Laws, Party A is entitled to transfer any of its rights and/or obligations under this Agreement to any third party designated
by it without prior notice to or consent of Party B.

 

		12.12	This Agreement shall be binding upon the legal successors
or assigns of the Parties.

 

[The remainder of this page is intentionally
left blank]

 

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[Signature Page of Exclusive Technical
Consultation and Service Agreement]

 

IN WITNESS WHEREOF, the Parties
have caused this Exclusive Technical Consultation and Service Agreement to be executed on the date and at the place first above
written.

 

Party A: Xi’an Minglan Management
Co., Ltd. (Seal)

 

	Authorized Representative (Signature):	/s/
    Ning Wen	 
	 	Name: Ning Wen	 

 

Party B: Sancaijia Co., Ltd, (Seal)

 

	Authorized Representative (Signature):	/s/
    Ning Wen	 
	 	Name: Ning Wen	 

 

 

12  / 12Exhibit 10.5

 

Exclusive Call Option Agreement

 

This Exclusive Call Option Agreement (this
“Agreement”) is entered into in Xi'an, the People’s Republic of China (the “PRC”) on
February 25, 2020 by and among the following Parties:

 

Party A: Shareholders

Ning Wen

Identity Card No.:

 

Zhijie Zhang

Identity Card No.:

 

Lizhen Tang

Identity Card No.:

 

Lizhi He

Identity Card No.:

 

(Shareholders listed above are hereinafter
referred to individually as a “Shareholder” and collectively as the “Shareholders.”)

 

Party B: Xi’an Minglan Management
Co., Ltd (the “WFOE”) 

Registered address:

 

Party C: Sancaijia Co., Ltd. (the “Company”)

Registered address:

 

(In this Agreement, the above parties are
hereinafter referred to individually as a “Party” and collectively as the “Parties.”)

 

Whereas:

 

		(1)	The Shareholders are the registered shareholders of the
Company, legally holding 100% equity interest of the Company. Appendix 1 sets forth the capital contribution amount and the shareholding
percentage of each of the Shareholders in the registered capital of the Company as of the date of this Agreement.

 

		(2)	To the extent not in violation of PRC Law, the Shareholders
intend to transfer all of their respective equity interest in the Company to the WFOE and/or any other entity or individual so
designated by the WFOE, and the WFOE intends to accept such transfer.

 

		(3)	To the extent not in violation of PRC Law, the Company
intends to transfer its assets to the WFOE and/or any other entity or individual so designated by the WFOE, and the WFOE intends
to accept such transfer.

 

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		(4)	For purposes of the foregoing equity interest and asset
transfer, the Shareholders and the Company agree to grant to the WFOE the exclusive and irrevocable Equity Transfer Option (as
defined below) and Asset Purchase Option (as defined below). Pursuant to such Equity Transfer Option and Asset Purchase Option,
at the WFOE’s sole request, the Shareholders or the Company shall, to the extent permitted by the PRC Law, transfer the
Shareholder Equity (as defined below) or the Company Assets (as defined below) to the WFOE and/or any other entity or individual
so designated by the WFOE pursuant to the provisions of this Agreement.

 

		(5)	The Company agrees that the Shareholders grant the Equity
Transfer Option to the WFOE pursuant to the provisions of this Agreement.

 

		(6)	The Shareholders agree that the Company grants the Asset
Purchase Option to the WFOE pursuant to the provisions of this Agreement.

 

NOW, THEREFORE, the Parties,
through amicable negotiations and based on the principle of equality and mutual benefit, hereby agree as follows:

 

Article 1 Definitions

 

		1.1	As used in this Agreement, the following terms shall be
interpreted to have the following meanings, unless otherwise interpreted pursuant to the context:

  

“Asset Purchase Option”
shall mean the required option to purchase any Company Assets as granted to the WFOE by the Company pursuant to the terms and conditions
of this Agreement.

 

“Business Permits”
shall mean any approvals, permits, filings, or registrations which the Company is required to obtain in order to legally and validly
operate all of its businesses, including without limitation, its business license and such other relevant permits and licenses
as may be required by the then-effective PRC Law.

 

“Company Assets”
shall mean all the tangible and intangible assets which the Company owns or has the right to dispose of during the term of this
Agreement, including without limitation, any immoveable and moveable assets, intellectual property rights such as trademarks, copyrights,
patents, know-how, domain names and software use rights, and any investment interests.

 

“Company Registered
Capital” shall mean the registered capital of the Company as of the signing date of this Agreement, which shall
include any expanded registered capital as a result of any capital increase in any form during the term of this Agreement.

 

“Equity Transfer Option”
shall mean the option to purchase all of the Shareholder Equity held by each of the Shareholders as granted to the WFOE by the
Shareholders pursuant to the terms and conditions of this Agreement.

 

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“Exercise of Option” shall
mean the exercise of the Equity Transfer Option or the Asset Purchase Option by the WFOE.

  

“Material Asset” shall
mean any asset which has a book value of RMB100,000 or more or has a material effect on the business operations of any Party.

 

“Material Agreement” shall
mean, in respect to the Company, any agreement to which the Company is a party and which has a material effect on the business
or assets of the Company, including without limitation, the Exclusive Technical Consultation and Service Agreement entered into
by the Company and the WFOE on February 25, 2020 and other important agreements regarding the business of the Company; in respect
of a Subsidiary, any agreement to which such Subsidiary is a party and which has a material effect on the business or assets of
such Subsidiary.

 

“PRC” shall
mean the People’s Republic of China, which, for purposes of this Agreement only, excluding the Hong Kong Special Administrative
Region, the Macao Special Administrative Region and Taiwan.

 

“PRC Law”
shall mean the then-effective laws, administrative regulations, administrative rules, local regulations, judicial interpretations
and other binding regulatory documents of the PRC.

 

“Shareholder Equity” shall
mean, in respect of each of the Shareholders, all the equity interest held by it in the Company Registered Capital, respectively,
in respect of all the Shareholders, the equity interest covering 100% of the Company Registered Capital.

 

“Transferred Assets” shall
mean the Company Assets which the WFOE has the right to require the Company to transfer to it or its designated entity or individual
in accordance with Article 3 hereof when the WFOE exercises its Asset Purchase Option, the quantity of which may be all or
part of the Company Assets and the details of which shall be determined by the WFOE at its sole discretion in accordance with the
then-effective PRC Law and based on its commercial consideration.

 

“Transferred Equity” shall
mean the equity interest in the Company which the WFOE has the right to request either of the Shareholders to transfer to it or
its designated entity or individual in accordance with Article 3 hereof when the WFOE exercises its Equity Transfer Option,
the quantity of which may be all or part of the Shareholder Equity and the specific amount of which shall be determined by the
WFOE at its sole discretion in accordance with the then-effective PRC Law and based on its commercial consideration.

 

“Transfer Price” shall
mean all the consideration that the WFOE or its designated entity or individual is required to pay to the Shareholders or the Company
in order to obtain the Transferred Equity or the Transferred Assets upon each Exercise of Option as provided herein.

 

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		1.2	The references to any PRC Law herein shall be deemed to:

 

		(a)	simultaneously include any and all references to the amendments,
changes, supplements and restatements of such PRC Law, irrespective of whether they take effect before or after the execution
of this Agreement; and

 

		(b)	simultaneously include the references to other decisions,
notices and regulations enacted in accordance therewith or effective as a result thereof.

 

		1.3	Except as otherwise stated in the context herein, all references
to an article, clause, item or paragraph shall refer to the corresponding part of this Agreement.

 

Article 2 Grant of Equity Transfer
Option and Asset Purchase Option

 

		2.1	The Shareholders hereby severally and jointly agree to
grant the WFOE an irrevocable, unconditional and exclusive Equity Transfer Option. Pursuant to such Equity Transfer Option, the
WFOE is entitled, to the extent permitted under PRC Law, to request the Shareholders to transfer the Shareholder Equity to the
WFOE, or the WFOE’s designated entity or individual, according to the terms and conditions hereunder. The WFOE also agrees
to accept such Equity Transfer Option.

 

		2.2	The Company hereby agrees that the Shareholders grant such
Equity Transfer Option to the WFOE according to Article 2.1 above and other provisions of this Agreement.

 

		2.3	The Company hereby agrees to grant the WFOE an irrevocable,
unconditional and exclusive Asset Purchase Option. Pursuant to such Asset Purchase Option, the WFOE is entitled, to the extent
permitted under PRC Law, to request the Company to transfer all or part of the Company Assets to the WFOE, or the WFOE’s
designated entity or individual, according to the terms and conditions hereunder. The WFOE also agrees to accept such Asset Purchase
Option.

 

		2.4	The Shareholders hereby severally and jointly agree that
the Company grants such Asset Purchase Option to the WFOE according to Article 2.3 above and other provisions of this Agreement.

 

Article 3 Method of Exercise of
Option

 

		3.1.	Subject to the terms and conditions of this Agreement,
the WFOE shall have the absolute sole discretion to determine the specific time, method and times of its Exercise of Option to
the extent permitted under PRC Law.

 

		3.2.	Subject to the terms and conditions of this Agreement and
to the extent not in violation of the then-effective PRC Law, the WFOE shall have the right, at any time, to request to acquire
the Transferred Equity from the Shareholders by itself or through any other entity or individual so designated by the WFOE.

 

    4 / 16

     

    

 

		3.3.	Subject to the terms and conditions of this Agreement and
to the extent not in violation of the then-effective PRC Law, the WFOE shall have the right, at any time, to request to acquire
the Transferred Assets from the Company by itself or through any other entity or individual so designated by the WFOE.

 

		3.4.	With regard to the Equity Transfer Option, at each Exercise
of Option, the WFOE shall have the right to arbitrarily determine the amount of the Transferred Equity to be transferred by the
Shareholders to the WFOE and/or any other entity or individual designated by it. The Shareholders shall respectively transfer
the Transferred Equity to the WFOE and/or any other entity or individual designated by it in the amount requested by the WFOE.
The WFOE and/or any other entity or individual designated by it shall pay the Transfer Price with respect to the Transferred Equity
acquired at each Exercise of Option to the Shareholders transferring such Transferred Equity.

 

		3.5.	With regard to the Asset Purchase Option, at each Exercise
of Option, the WFOE shall have the right to determine the specific Company Assets to be transferred by the Company to the WFOE
and/or any other entity or individual designated by it. The Company shall transfer the Transferred Assets to the WFOE and/or any
other entity or individual designated by it in accordance with the WFOE’s requirement. The WFOE and/or any other entity
or individual designated by it shall pay the Transfer Price to the Company with respect to the Transferred Assets acquired at
each Exercise of Option.

 

		3.6.	At each Exercise of Option, the WFOE may acquire the Transferred
Equity or Transferred Assets by itself or designate any third party to acquire all or part of the Transferred Equity or Transferred
Assets.

 

		3.7.	Having decided each Exercise of Option, the WFOE shall
issue to the Shareholders or the Company a notice for exercising the Equity Transfer Option or a notice for exercising the Asset
Purchase Option (the “Exercise Notice”, the form of which is set out in Appendix 2 and Appendix 3 hereto).
The Shareholders or the Company shall, upon receipt of the Exercise Notice, forthwith transfer all the Transferred Equity or Transferred
Assets in accordance with the Exercise Notice to the WFOE and/or any other entity or individual designated by the WFOE in such
method as described in Article 3.4 or Article 3.5 hereof.

 

Article 4 Transfer Price

 

		4.1.	With regard to the Equity Transfer Option, the total Transfer
Price to be paid by the WFOE or any other entity or individual designated by the WFOE to the Shareholders at Exercise of Option
by the WFOE shall be the capital contribution mirrored by the corresponding Transferred Equity in the Company Registered Capital.
But if the lowest price permitted by the then-effective PRC Law is lower than the above capital contribution, the Transfer Price
shall be the lowest price permitted by the PRC Law.

 

		4.2.	With regard to the Asset Purchase Option, the Transfer
Price to be paid by the WFOE or any other entity or individual designated by the WFOE to the Company at each Exercise of Option
by the WFOE shall be the lowest price permitted by the then-effective PRC Law.

 

    5 / 16

     

    

 

Article 5 Representations and Warranties

 

		5.1	The Shareholders hereby severally and jointly represent
and warrant that:

 

		5.1.1.	Each of the Shareholders is a Chinese citizen has the full
and independent legal status and legal capacity to execute, deliver and perform this Agreement and may act independently as a
party to a lawsuit.

  

		5.1.2	The Company is a limited liability company duly registered
and legitimately existing under the PRC Law with an independent legal personality. It has the complete and independent legal status
and legal capacity to execute, deliver and perform this Agreement and may act as the subject of litigation independently. The
Company has the full power and authority to consummate the transaction contemplated hereby.

 

		5.1.3	The Shareholders have the full power and authority to execute,
deliver and perform this Agreement and all other documents relating to the transaction contemplated hereby and to be executed
by them. The Shareholders have the full power and authority to consummate the transaction contemplated hereby.

 

		5.1.4	This Agreement is legally and duly executed and delivered
by the Shareholders. This Agreement shall constitute their legal and binding obligations and shall be enforceable against them
in accordance with the terms of this Agreement.

 

		5.1.5	The Shareholders are the legitimate owner of the Shareholder
Equity as of the effective date of this Agreement, and except for the rights created under the Equity Pledge Agreement executed
by the Company, the WFOE and the Shareholders on the date hereof, the Shareholder Equity is free from and clear of any lien, pledge,
mortgage and other encumbrances and third party rights. Pursuant to this Agreement, the WFOE and/or any other entity or individual
designated by it may, after the Exercise of Option, acquire good and legal title to the Transferred Equity, free from and clear
of any lien, pledge, mortgage and other encumbrances or third party rights.

 

		5.1.6	To the knowledge of the Shareholders, the Company Assets
are free from and clear of any lien, pledge, mortgage other encumbrances and third party rights. Pursuant to this Agreement, the
WFOE and/or any other entity or individual designated by it may, after the Exercise of Option, acquire good title to the Company
Assets, free and clear of any lien, pledge, mortgage and other encumbrances or third party rights.

 

    6 / 16

     

    

 

		5.1.7	Unless as mandatorily required by the PRC Law, the Shareholders
shall not request the Company to declare the distribution of or in practice release any distributable profit, bonus or dividend;
the Shareholders shall, in compliance with the PRC Law, promptly gift any profit, bonus or dividend obtained by them from the
Company to the WFOE and/or any qualified entity or individual designated by the WFOE.

 

		5.1.8	The execution, delivery and performance by the Shareholders
of this Agreement and the consummation by the Shareholders of the transaction contemplated hereby does not violate any PRC Law
or any agreement, contract or other arrangement with any third party by which the Shareholders are bound.

 

		5.2	The Company hereby represents and warrants that:

 

		5.2.1	The Company is a limited liability company duly registered
and legitimately existing under PRC Law with an independent legal personality. It has the full and independent legal status and
may act independently as a party to a lawsuit.

 

		5.2.2	The Company has the full internal corporate power and authority
to execute, deliver and perform this Agreement and all other documents relating to the transaction contemplated hereby and to
be executed by it. It has the full power and authority to consummate the transaction contemplated hereby.

 

		5.2.3	This Agreement is legally and duly executed and delivered
by the Company and constitutes a legal and binding obligation against it.

 

		5.2.4	The Company Assets are free from and clear of any lien,
mortgage, claim or other encumbrances or third party rights. Pursuant to this Agreement, the WFOE and/or any other entity or individual
designated by it will, after the Exercise of Option, acquire good title to the Company Assets, free from and clear of any lien,
mortgage, claim or other encumbrances or third party rights.

 

		5.2.5	The execution, delivery and performance by the Company
of this Agreement and the consummation by the Company of the transaction contemplated hereby does not violate any PRC Law or any
agreement, contract or other arrangements with any third party by which it is bound.

 

		5.2.6	Unless as mandatorily required by the PRC Law, the Company
shall not declare the distribution of or in practice release any distributable profit, bonus or dividend.

 

		5.3	The WFOE hereby represents and warrants that:

 

		5.3.1.	The WFOE is a wholly foreign-owned enterprise duly registered
and legally existing under PRC Law. The WFOE has the full and independent legal status and may act independently as a party to
lawsuit.

 

    7 / 16

     

    

 

		5.3.2.	The WFOE has the full internal corporate power and authority
to execute, deliver and perform this Agreement and all other documents relating to the transaction contemplated hereby and to
be executed by it. It has the full power and authority to consummate the transaction contemplated hereby.

 

		5.3.3.	This Agreement is legally and duly executed and delivered
by the WFOE. This Agreement shall constitute a legal and binding obligation against it.

 

Article 6 Undertakings by the Shareholders

 

The Shareholders hereby severally undertakes
that:

 

		6.1	Within the valid term of this Agreement, without the WFOE’s
prior written consent, any Shareholder:

 

		6.1.1.	shall not transfer or otherwise dispose of any Shareholder
Equity or create any encumbrance or other third party rights on any Shareholder Equity;

 

		6.1.2.	shall not increase or decrease the Company Registered Capital
or cause or permit the Company to be divided or merged with any other entity;

 

		6.1.3.	shall not dispose of or cause the management of the Company
to dispose of any Material Asset (other than in the ordinary course of business), or create any encumbrance or other third party
rights on any Material Asset;

 

		6.1.4.	shall not terminate or cause the management of the Company
to terminate any Material Agreement entered into by the Company, or enter into any other agreement in conflict with the existing
Material Agreements;

 

		6.1.5.	shall not appoint or dismiss and replace any director or
supervisor of the Company or any other management personnel of the Company who shall be appointed or dismissed by the Shareholders;

 

		6.1.6.	shall not cause the Company to declare the distribution
of or in practice release any distributable profit, dividend, share profit or share interest;

 

		6.1.7.	shall ensure that the Company maintains its valid legal
existence and that such status is not terminated, liquidated or dissolved;

 

		6.1.8.	shall not amend the articles of association of the Company;

 

    8 / 16

     

    

 

		6.1.9.	shall ensure that the Company will not lend or borrow any
money, or provide any guarantee or engage in security activities in any other form, or bear any substantial obligations other
than in the ordinary course of business; and

 

		6.1.10.	shall not cause the Company or the management of the Company
to approve any of the following acts of any of the Company’s subsidiaries or affiliates (individually as a “Subsidiary”
and collectively as the “Subsidiaries”), including:

 

		(a)	increase or decrease any Subsidiary’s registered
capital or cause or permit any Subsidiary to be divided or merged with any other entity;

 

		(b)	dispose of or cause the management of the Subsidiaries
to dispose of any Material Asset of any Subsidiary (other than in the ordinary course of business), or create any encumbrance
or other third party rights on such assets;

 

		(c)	terminate or cause the management of the Subsidiaries to
terminate any Material Agreement entered into by any Subsidiary, or enter into any other agreement in conflict with the existing
Material Agreements;

 

		(d)	appoint or dismiss and replace any director or supervisor
of any Subsidiary or any other management personnel of such Subsidiary who shall be appointed or dismissed by the Company;

 

		(e)	terminate, liquidate or dissolve any Subsidiary or act
in any way that damages or is likely to damage the valid existence of any Subsidiary;

 

		(f)	amend the articles of association of any Subsidiary; or

 

		(g)	lend or borrow any money, provide any guarantee, engage
in security activities in any other form, or bear any substantial obligations other than in the ordinary course of business.

 

		6.2	During the term of this Agreement, the Shareholders shall
endeavor to the best of their ability to develop the business of the Company and ensure that the Company’s operations are
legal and in compliance with the regulations, and they will not engage in any act or omission which may damage the Company’s
(or its Subsidiaries’) assets and/or goodwill or affect the validity of the Business Permits of the Company.

 

		6.3	During the term of this Agreement, the Shareholders shall
notify the WFOE of any circumstances that may have a material adverse effect on the existence, business operations, financial
conditions, assets or goodwill of the Company (including the Subsidiaries’) and take all the measures approved by the WFOE
to remove such adverse circumstances or take effective remedial measures with respect thereto in a timely manner.

 

    9 / 16

     

    

 

		6.4	Once the WFOE gives the Exercise Notice:

 

		6.4.1.	the Shareholders shall promptly convene a meeting of the
shareholders, pass shareholder’s resolutions and take all other necessary actions to approve any Shareholder and the Company
to transfer all the Transferred Equity or the Transferred Assets at the Transfer Price to the WFOE, and/or any other entity or
individual designated by the WFOE, and waive any preemptive right to purchase such interests enjoyed by the Shareholders (if any);

 

		6.4.2.	the Shareholders shall promptly enter into an equity transfer
agreement with the WFOE and/or any other entity or individual designated by the WFOE to transfer all the Transferred Equity at
the Transfer Price to the WFOE and/or any other entity or individual designated by the WFOE and provide necessary support to the
WFOE (including the provision and execution of all relevant legal documents, performance of all government approval and registration
procedures and assumption of all relevant obligations) in accordance with the WFOE’s requirements and the PRC Law so that
the WFOE and/or any other entity or individual designated by the WFOE may acquire all the Transferred Equity, free from and clear
of any legal defect or any encumbrance, third party restriction or any other restrictions on the Transferred Equity.

 

		6.5	If the total Transfer Price obtained by any Shareholder
with respect to the Transferred Equity held by the shareholder is higher than the capital contribution corresponding with such
Transferred Equity in the Company Registered Capital, or any Shareholder receives any form of profit distribution, share profit,
share interest or dividend from the Company, then each of the Shareholders agrees, so long as it does not violate any PRC Laws,
to waive the premium earnings and any profit distribution, share profit, share interest or dividend (after the deduction of relevant
taxes) and the WFOE shall be entitled to such profit distribution, share profit, interest or dividend. Otherwise, the Shareholders
shall compensate the WFOE and/or any other entity or individual designated by the WFOE for any loss incurred as a result thereof.

 

Article 7 Undertakings by the Company

 

		7.1	The Company hereby undertakes that:

 

		7.1.1.	If any consent, permit, waiver or authorization by any
third party, or any approval, permit or exemption by any government authority, or any registration or filing formalities (if required
by law) with any government authority needs to be obtained or handled with respect to the execution and performance of this Agreement
and grant of the Equity Transfer Option or Asset Purchase Option hereunder, the Company shall endeavor to assist in satisfying
the above conditions.

 

    10 / 16

     

    

 

		7.1.2.	Without the WFOE’s prior written consent, the Company
shall not assist or permit the Shareholders to transfer or otherwise dispose of any Shareholder Equity or create any encumbrance
or other third party rights on any Shareholder Equity.

 

		7.1.3.	Without the WFOE’s prior written consent, the Company
shall not transfer or otherwise dispose of any Material Asset (other than in the ordinary course of business) or create any encumbrance
or other third party rights on any Company Assets.

 

		7.1.4.	The Company shall not itself nor permit others to act in
such a way as to adversely affect the interests of the WFOE under this Agreement, including without limitation, any behavior or
action that is subject to Article 6.1.

 

		7.2	Within the valid term of this Agreement, once the WFOE
gives its Exercise Notice:

 

		7.2.1	the Company shall promptly cause the Shareholders to convene
a meeting of the Shareholder, pass Shareholder’s resolutions and take all other necessary actions to approve the Company’s
transfer of all of the Transferred Assets at the Transfer Price to the WFOE and/or any other entity or individual so designated
by the WFOE;

 

		7.2.2	the Company shall promptly enter into an asset transfer
agreement with the WFOE and/or any other entity or individual designated by the WFOE to transfer all of the Transferred Assets
at the Transfer Price to the WFOE and/or any other entity or individual designated by the WFOE, and cause the Shareholders to
provide necessary support to the WFOE (including provision and execution of all relevant legal documents, performing all government
approval and registration procedures and assuming all relevant obligations) in accordance with the WFOE’s requirements and
the PRC Law so that the WFOE and/or any other entity or individual designated by the WFOE may acquire all the Transferred Assets,
free from and clear of any legal defect or any encumbrance, third party restriction or any other restrictions on the Transferred
Assets.

 

Article 8 Confidentiality Obligations

 

		8.1	Regardless of whether this Agreement is terminated or not,
each Party shall keep strictly confidential all business secrets, proprietary information, customer information and all other
information of a confidential nature concerning the other Parties known by it during the execution and performance of this Agreement
(collectively, the “Confidential Information”). Unless a prior written consent is obtained from the Party disclosing
the Confidential Information (the “Disclosing Party”) or unless it is required to be disclosed to third parties
in accordance with relevant laws, rules and regulations (including those of the United States Securities and Exchange Commission)
or the requirements of the place where any affiliate is listed on a stock exchange, the Party receiving the Confidential Information
(the “Receiving Party”) shall not disclose to any third party any Confidential Information. The Receiving Party
shall not use any Confidential Information other than for the purpose of performing this Agreement.

 

    11 / 16

     

    

 

		8.2	The following information shall not be deemed part of the
Confidential Information:

 

		(a)	any information that has been lawfully acquired by the
Receiving Party prior to entering into the Agreement as evidenced by other written documents;

 

		(b)	any information entering the public domain not attributable
to the fault of the Party receiving the information; or

 

		(c)	any information lawfully acquired by the Party receiving
the information through other sources after its receipt of such information.

 

		8.3	If requested by either Party, the other Party shall return,
destroy, or otherwise dispose of all documents, materials and software that contains or may contain any Confidential Information
as requested, and promptly stop using such Confidential Information.

 

		8.4	For purposes of performing this Agreement, the Receiving
Party may disclose the Confidential Information to its relevant employees, agents or professionals retained by it. However, the
Receiving Party shall ensure that the aforesaid persons shall comply with all relevant terms and conditions of this Article. In
addition, the Receiving Party shall be responsible for any liability incurred as a result of such persons’ breach of the
relevant terms and conditions of this Article 8.

 

		8.5	The Parties’ obligations under this Article shall
survive the termination of this Agreement. Each Party shall still comply with the confidentiality terms of this Agreement and
fulfill the confidentiality obligations as promised, until the other Parties give consent to the release of such obligations or
as a matter of fact, violation of the confidentiality terms herein will not cause damage of any form to the other Parties.

 

Article 9 Effectiveness, Termination
and Term of Agreement

 

		9.1	This Agreement shall become effective upon execution by
each of the Parties on the date first written above and shall terminate after all the Shareholder Equity and the Company Assets
are lawfully transferred to the WFOE and/or any other entity or individual designated by the WFOE pursuant to the provisions of
this Agreement.

 

    12 / 16

     

    

 

Article 10 Defaulting Liability

 

		10.1	The Parties agree and confirm that, if any of the Parties
(the “Defaulting Party”) substantially violates any agreement herein or substantially fails to perform or delays
performance of any of the obligations hereunder, such violation, failure or delay shall constitute a default under this Agreement
(a “Default”). The non-defaulting Party shall have the right, within a reasonable period, to request the Defaulting
Party to rectify or take remedial actions. If the Defaulting Party fails to rectify such Default or take remedial actions within
such reasonable period or within ten (10) days after the non-defaulting Party notifies the Defaulting Party in writing requiring
the Default to be rectified, then the non-default Party will be entitled to decide at its own discretion as follows:

 

		10.1.1.	if any Shareholder or the Company is the Defaulting Party,
the WFOE shall be entitled to terminate this Agreement and require the Defaulting Party to indemnify the non-defaulting parties
for any and all damages;

 

		10.1.2.	if the WFOE is the Defaulting Party, the non-defaulting
Party shall be entitled to indemnification from the Defaulting Party, but unless otherwise provided for by the PRC Law, the non-defaulting
Party has no right to terminate or cancel this Agreement under any circumstances.

 

		10.2	Notwithstanding any other provision herein, the effect
of this Article 10 shall not be affected by the termination of this Agreement.

 

Article 11 Notices

 

		11.1	Any notice, request, demand and other correspondence required
by this Agreement or made in accordance with this Agreement shall be made in written form and delivered to the following address
in person, by fax, telegram, telex, email, registered mail (postage paid) or express mail.

 

To the
Shareholders:

Ning Wen

 Address:

 Email:

Zhijie
Zhang

 Address:

 Email:

Lizhen
Tang

 Address:

 Email:

Lizhi He

 Address:

 Email:

 

To the
WFOE: Xi’an Minglan Management Co., Ltd.

 Address:

 Attention:

 Email:

 

    13 / 16

     

    

 

To the
Company: Sancaijia Co., Ltd.

 Address:

 Attention:

 Email:

 

		11.2	If any such notice or other correspondence is transmitted
by fax, telegram, telex or email, it shall be treated as delivered immediately upon transmission; if delivered in person,
it shall be treated as delivered at the time of delivery; if delivered by registered mail or express mail, it shall be treated
as delivered three (3) days after posting.

 

Article 12 Miscellaneous

 

		12.1	This Agreement is written in English and translated into
Chinese. In the event of any discrepancy between the two versions, the English version shall prevail. This Agreement is made with
six (6) original copies, with one (1) original to be retained by each Party hereto.

 

		12.2	The execution, validity, performance, revision, interpretation
and termination of this Agreement and the resolution of any dispute arising from this Agreement shall be governed in accordance
with the laws of the PRC.

 

		12.3	Should any dispute arise in connection with construction
or performance of any provision under this Agreement, the Parties shall seek in good faith to resolve such dispute through negotiations.
If the negotiations fail, any of the Parties may submit the dispute to the China International Economic and Trade Arbitration
Commission (CIETAC) for arbitration in Beijing in accordance with CIETAC’s arbitration rules in effect at the
time of applying for arbitration, and the language of arbitration shall be in Chinese. The arbitration judgment shall be final
and binding on each of the Parties.

 

		12.4	None of the rights, powers or remedies granted to any Party
by any provision herein shall preclude any other rights, powers or remedies available to such Party at law and under the other
provisions of this Agreement. In addition, a Party’s exercise of any of its rights, powers and remedies shall not exclude
such Party from exercising any of its other rights, powers and remedies.

 

		12.5	No failure or delay by a Party in exercising any rights,
powers and remedies available to it hereunder or at law (hereinafter referred to as “Such Rights”) shall result
in a waiver thereof, nor shall the waiver of any single or part of Such Rights exclude such Party from exercising Such Rights
in any other way and exercising other rights of such Party.

 

    14 / 16

     

    

 

		12.6	Each term contained herein shall be severable and independent
from each of the other terms. In case any term herein becomes all or partly invalid or unenforceable due to violation of law or
governmental regulations or other reasons, the affected part of such term shall be considered to have been removed, provided that
the removal of the affected part of such term shall not affect the legal effect of the remaining part of such term or other terms
herein. The Parties shall conclude new terms through consultations to replace such invalid or unenforceable terms.

 

		12.7	The headings in this Agreement are written for ease of
reference only and in no event shall they affect the interpretation of any terms of this Agreement.

 

		12.8	Any amendment or supplement hereto shall be made in writing
and shall become effective only upon due execution by the Parties hereto. Any Amended agreements and supplemental agreements executed
by the Parties will become part of this Agreement, having the same legal effect as this Agreement.

 

		12.9	Matters not covered in this Agreement shall be determined
by the Parties separately through consultation.

 

		12.10	This Agreement constitutes all agreements reached by the
Parties on the subject matter of the cooperation project, and supersedes any previous or concurrent oral and written agreement,
understanding and correspondence relevant to the subject matter of the cooperation project between the Parties. Unless specifically
provided herein, there is no other explicit or implicit obligation or covenant between the Parties.

 

		12.11	Without the prior written consent of other Parties, none
of the Parties shall transfer any of its rights and/or obligations hereunder to any third party.

 

		12.12	This Agreement shall be binding on the legal successors
or assigns of the Parties.

 

[The remainder of this page is intentionally
left blank]

 

    15 / 16

     

    

 

[Signature Page of Exclusive Call Option
Agreement]

 

IN WITNESS WHEREOF,
the following Parties have executed this Agreement to be executed on the date and at the place first above written.

 

Shareholders:

 

	Ning Wen (Signature/Seal):	/s/ Ning Wen	 
	 	 	 
	Zhijie Zhang (Signature/Seal):	/s/ Zhijie Zhang	 
	 	 	 
	Lizhen Tang (Signature/Seal):	/s/ Lizhen Tang	 
	 	 	 
	Lizhi He (Signature/Seal):	/s/ Lizhi He	 

 

WFOE (Seal)

 

	Authorized Representative (Signature):	/s/ Ning Wen	 
	 	Name: Ning Wen	 

 

Sancai Jia Ltd. (Seal)

 

	Authorized Representative (Signature):	/s/ Ning Wen	 
	 	Name: Ning Wen	 

 

 

16 / 16

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