Document:

Exhibit 10.9

 

Lease Contract

 

Contract Number: DDTZDCGJZX-20181025001

 

Lessor (Party A):Shenzhen Dedian Investment Ltd.

 

Mailing Address: Room 3805, Dachong International
Center, 39 Tonggu Road, Nanshan District, Shenzhen City, Guangdong Province, China

 

Contact : (86) 15820444743

 

Unified social credit code or Valid ID number: 91440300311826993X

 

Lesser (Party B):Qianhai Asia Times (Shenzhen)
International Financial Services Co., Ltd.

 

Mailing Address: Room 3803, Dachong International
Center, 39 Tonggu Road, Nanshan District, Shenzhen City, Guangdong Province, China

 

Unified social credit code or Valid ID number: 91440300329553145Y

 

In accordance with “Contract Law of the
People’s Republic of China”, “Urban Real Estate Administration Law of the People’s Republic of China”,
“Measures for the Administration of Commodity House Leasing” and “Decisions about strengthening the safety of
house leasing by Shenzhen Standing Committee of People’s Congress”, Party A and B have reached an agreement through
friendly consultation to conclude the following contract.

 

Article 1 Condition of leasing real estate

 

At the request of Party B, Party A agrees to
lease the following real estate to Party B and it shall be used by Party B in accordance with the provisions of this agreement:

 

1.1 Location
and Number: Room 3803, Dachong International Center, 39 Tonggu Road, Nanshan District, Shenzhen
City, Guangdong Province, China

 

1.2 Delivery Standard: Deliver
as is

 

1.3 Party B confirms: before
signing this agreement, Party B has been to the spot to check carefully all the conditions of the property including its decoration
and agreed area, and expressed satisfaction and acceptance; Party B undertakes that the property is only for office use.

 

     

     

    

 

Article 2 Term and Area of
Lease

 

2.1 Term of Lease:

 

From 1 November, 2018
to 26 November, 2019.

 

2.2 Area of Lease: The area
of the leasing house is 890 square meters.

 

Article 3 Rent and Management
Fee

 

3.1 Rent per month: On the
basis of area, the rent of second years increased by 6% on the basis of the first year.

 

3.2.1 In the first year (from
1 November, 2018 to 26 November, 2018), monthly rental per square meter is 218.36 (two hundred and eighteen point
three six) Yuan, of which the rent is 178 (one hundred and seventy-eight) Yuan, the management fee and the air-conditional
fee for working hours is 28 (twenty-eight) Yuan, and the tax is 12.36 (twelve point three six) Yuan.

 

3.2.2 In the second year (from
27 November, 2018 to 26 November, 2019), monthly rental per square meter is 229.68 (two hundred and twenty-nine
point six eight) Yuan, of which the rent is 188.68 (one hundred and eighty-eight point six eight) Yuan, the management
fee and the air-conditional fee for working hours is 28 (twenty-eight) Yuan, and the tax is 13 (thirteen) Yuan.

 

3.3 Total rent per month

 

3.3.1 In the first year (from
1 November, 2018 to 26 November, 2018), monthly rental is 194,340.4 (one hundred and ninety-four thousand three
hundred and forty point four) Yuan, of which the rent is 158,420 (one hundred and fifty-eight thousand four hundred and
twenty) Yuan, the management fee and the air-conditional fee for working hours is 24,920 (twenty-four thousand nine hundred
and twenty) Yuan, and the tax is 11,000.4 (eleven thousand point four) Yuan.

 

3.3.2 In the second year (from
27 November, 2018 to 26 November, 2019), monthly rental per square meter is 204,415.20 (two hundred and four thousand
four hundred and fifteen point two) Yuan, of which the rent is 167,925.2 (one hundred and sixty-seven thousand nine hundred
and twenty-five point two) Yuan, the management fee and the air-conditional fee for working hours is 24,920 (twenty-four
thousand nine hundred and twenty) Yuan, and the tax is 11,570 (eleven thousand five hundred and seventy) Yuan.

 

3.3 All costs above include
tax.

 

Article 4 House lease security
deposit

 

4.1 Within 5 working
days from the signing and effective day, Party B shall pay to Party A the house lease security deposit in an amount of two months’
rental (including management fees) which means 366,680 (three hundred and sixty-six thousand six hundred and eighty) Yuan.

 

     

     

    

 

4.2 Within 3 working
days from the signing and effective day, Party B shall pay to Party A the water and electricity deposit in an amount of two months’
water and electricity fees (10 Yuan/square meter/month) which means 17,800 (seventeen thousand eight hundred) Yuan.

 

4.3 The lease security deposit
shall be kept by Party A without interest. Within 15 days after all the following conditions are met, Party A shall return
the lease security deposit to Party B through bank transfer, and Party B shall bear the bank transfer fee (deducted directly from
the deposit), but the deposit which offsets the account payable by Party B shall not be returned;

 

4.2.1 Party B do not renew
the lease at the end of the lease term;

 

4.2.2 Party B has returned
the property, has paid the full amount and completed all the procedures in accordance with Article 12.1 and the convention, as
well as has fulfilled all other obligations and responsibilities stipulated in this agreement;

 

4.2.3 Party B has returned
the original receipt of the lease security deposit issued by Party A (copy is invalid), and has provided in written form the information
of the bank account which is to receive the deposit.

 

4.3 The deposit shall not be
returned in case of any of the following conditions:

 

4.3.1 Party B terminates this
agreement in advance without Party A’s consent;

 

4.3.2 Party B terminates this
agreement or renounce the lease in advance by practical behavior without Party A’s consent;

 

4.3.3 Party B’s behavior
leads to an invalidation of this agreement;

 

4.3.4 Party A terminates this
agreement according to its articles due to Party B’s any great breach.

 

Article 5 Payment of Rent,
Management Fee, Water and Electricity Charge, etc.

 

5.1 Party B shall within 2
working days from the signing and effective day pay the first rent to Party A.

 

5.2 Party B shall pay the rent
to Party A before 5th of every month, and Party A shall issue an official invoice within 5 days from the
receipt of the rent.

 

5.3 Party B shall pay the property
special maintenance funds to Party A before 10th of every month which means 222.5 (two hundred
and twenty-two point five)Yuan.

 

5.4 Party B shall pay the rent
and deposit by bank transfer to the designated account of Party A:

 

Name of Organization: Shenzhen
Dedian Investment Ltd. 

 

Account Bank: Shanghai Pudong
Development Bank Shenzhen Nan Zhong Road Sub Branch

 

Account Number: 7913 0154
7400 1207 2

 

     

     

    

 

Article 6 Receiving and Renewal

 

6.1 Party B agrees to and shall
come to Dachong International Center at the beginning day of the lease term to receive the property, as well as shall go through
the residence formalities with Party A on the basis of identity information and relevant payment vouchers, which shall not be informed
again by Party A to Party B (Party B has no objection on this).

 

6.2 If Party B fails to pay
the rent, lease security deposit and management fees which should be paid before or on the signing date of this agreement before
receipt, which means a major breach of Party B, Party A has the right to choose to postpone the delivery of the property or to
deal with it in accordance with Article 14.1. If Party A chooses to postpone the delivery, the delivery date shall be within 5
working days after Party B has paid all the payment, and Party B shall assume the agreed responsibility for the overdue receipt.

 

6.3 Party B should carefully
and comprehensively check the status of the property when receiving it.

 

6.4 If Party B delays to receive
the property, Party B should assume the overdue receipt responsibility which means: the lease term remains unchanged, and the relevant
payable amounts such as rent and management fees incurred from the beginning date of the lease term should be borne by Party B.
If Party B delays for up to 15 days to receive, it means a major breach of Party B.

 

6.5 After the expiration of
the lease term, in the same conditions (subject to the lease conditions determined by Party A at that time) Party B shall have
the priority to renew the lease, but Party B should submit a written renewal application to Party A three months before the expiration
of the lease term, and both parties shall negotiate about the lease conditions and sign the lease agreement; Party B will be deemed
to wave the priority right of renewal if it does not apply within the specified time limit.

 

6.6 If Party B do not renew
the lease agreement with Party A at the expiration of the lease term, Party B shall return the property as stipulated in Article
13.1, otherwise Party B shall bear the responsibility stipulated in Article 13.2.

 

Article 7 Decoration and No
change of housing structure

 

7.1 According to Article 223
of the Contract Law and Clause 2 of Article 38 of the Leasing Ordinance, if Party B needs to renovate property (including but not
limited to internal decoration, separation, construction, alteration, installation or replacement of equipment and facilities,
and other decorations),it shall obtain the written consent of Party A and the property management company in advance and shall
pay the decoration deposit. After Party B finishes the decoration which passed the inspection by Party A and property management
company, the decoration deposit shall be returned to Party B without interest. Party B can not decorate without the written consent
of the property management company. If Party B renovates without authorization and does not correct it within the time limit specified
by Party A and the property management company, it shall be deemed as a major breach. Party A and the property management company
must agree to Party B’s renovation requirements unless they have justifiable reasons.

 

     

     

    

 

7.2 Party B’s decoration
design, grade, style and image must match that of the building which the property is located and the surrounding buildings, and
must ensure the safety of the building. In case of dispute, the final ruling shall be attributable to Party A and the property
management company.

 

7.3 After Party B receive the
property, if the country laws or policies stipulate that Party B should go through the government examination and approval formalities
(including but not limited to fire safety), Party B shall be responsible for all formalities to the government departments and
bear all costs.

 

7.4 Party B shall not change
its main structure at any time (including but not limited to foundations, load-bearing walls, load-bearing column beams, other
load-bearing components, floor slabs, roof beams, ring beams, staircases, etc.). Otherwise, it will be a major breach of contract
by Party B.

 

7.5 Party B understands: at
the expiration of the lease term, Party A does not necessarily renew the lease agreement with Party B, so Party B’s decoration
is voluntary and matches the lease term. Party B agrees that, at the expiration of the lease term, or when Party B withdraws the
lease in advance, or when Party A rescinds this agreement due to Party B’s serious breach of contract, or when both parties
agree to terminate this agreement in advance through consultation, whether or not the decoration still has residual value, and
whether or not Party A accepts the decoration, Party B can not require Party A to compensate for any reason.

 

Article 8 Other liabilities
about using of Party B

 

8.1 Party B shall be responsible
for all the government approval procedures (including but not limited to industrial and commercial license, tax registration, fire
checking and acceptance, environmental protection approval, special trade operation permits, safety permits, etc.) for the use
of the property and shall finish the procedures within the legal time limit and bear all the expenses with Party A’s assistance
in legal and reasonable scope. Party B shall not operate without license or illegally. Otherwise, Party B shall be deemed to have
breached the contract and bear all the legal responsibilities.

 

     

     

    

 

8.2 Party B is responsible
for the safety management of the property. Party B shall, in accordance with the national laws, policies, management regulations
and the management system of Dachong International Center, do a good job in all safety management of the property (including fire
safety, anti-theft and anti-robbery, public security management, safety management, power safety, gas safety, food safety, health
and epidemic prevention, etc.). In this property, Party B shall not store valuables, drugs, guns, control knives, radioactive dangerous
goods, fireworks, firecrackers and other inflammable and explosive materials, and shall not stay, which is in order to ensure the
personal safety and property safety of itself, staff, visitors and the property. If the property has a fire, explosion, public
security incidents, personal casualties or other security incidents, or if Party B violates the provisions of this article and
fails to make corrections within the time limit required by Party A and the property management company, Party B shall be deemed
to be in serious breach of contract, and Party B shall bear all legal responsibilities.

 

8.3 Party B shall be responsible
for the cleanliness of the property. All kinds of garbage (including but not limited to commercial garbage, decoration garbage,
large-scale garbage and oil pollution) produced by Party B shall be dealt with according to the management regulations of the property
management company, and Party B shall not cause pollution to the area outside the property, otherwise Party B shall be deemed to
be in breach of contract and Party B shall bear all legal responsibilities and costs of pollution cleaning.

 

8.4 Party B shall deal well
with all relationships and disputes between it and suppliers, purchasers, consumers, visitors, internal employees, other merchants,
government departments, other relevant personnel and units according to law. Party B shall be deemed to have breached the contract
and shall bear full legal responsibility if Party B fails to properly handle the matter which then affects the normal business,
office or public order of other merchants, Party A, the property management company or Sunshine Kechuang Market.

 

Article 9 Maintenance and Repairing

 

9.1 Both parties agree: Party
A's maintenance responsibility is limited to that of the original main structure of the property and its original ancillary facilities;
Party B shall be responsible for maintenance and repairing of the ancillary facilities brought by itself and its decoration, and
shall bear the full costs.

 

9.2 Party B shall properly
manage the property. If the main structure of the property or of its building is damaged or lost due to improper using or management
by Party B, Party B shall be responsible for the maintenance. If Party B refuses to repair, Party A and the property management
company can assist to repair or entrust a third party to repair, and the maintenance costs shall be borne by Party B.

 

Article 10 Insurance and Force
Majeure

 

10.1 In order to prevent accidental
loss, Party B shall purchase full amount of Property All Risks, public liability insurance and other necessary insurance for all
the property in the estate, shall pay employer liability insurance and social insurance (including industrial injury insurance
and medical insurance) for its employees in accordance with the law, and shall ask insurance companies and insurance institutions
promptly after the accident occurs. Compensation. If Party A has purchased insurance for the property, Party A shall not be responsible
to compensate Party B's loss.

 

     

     

    

 

10.2 In the event of force
majeure, both parties should bear their own losses. If the event of force majeure does not affect the continuing lease of the property,
the two parties shall continue to perform this agreement.

 

10.3 Force Majeure Events refer
to natural disasters (including but not limited to earthquakes, subsidence, tsunamis, typhoons, rainstorms, floods, etc.) that
cannot be foreseen, prevented or avoided by both parties and accidents (including but not limited to fires, explosions, radiation,
falling objects from the air, wars, unrest, riots, mass incidents, terrorist attacks, government bans, etc.) caused by non-parties.

 

Article 11 Property transfer

 

11.1 This office is limited
to be used by Party B for working. Without Party A's consent, Party B shall not sublet and transfer the office, otherwise it will
be a major breach of contract.

 

Article 12 Return the property

 

12.1 On the date of termination
of this agreement, Party B shall return the property (including its ancillary facilities and all keys) to Party A in good condition
and pay the full amount payable (including rent, utilities, gas bill, communications fees, television viewing fees, government
tax, liquidated damages, late fees, compensation and other payables). Party B shall also complete the cancellation of lease contracts,
the cancellation or the address’s moving out of its business license, and other formalities required by the law and the government
to ensure that the new lessee can handle the relevant government approval formalities timely and smoothly when leasing the property,
and can successfully apply for relevant public utilities services.

 

12.2 If Party B fails to fulfil
all its obligations under Article 13.1, Party A shall have the right to deduct temporarily the amount payable which should have
been paid to Party B (including but not limited to the lease deposit). If it leads to losses of Party A and the new lessee, Party
B agrees to compensate them in full and the amount shall be deducted from Party B's lease deposit and other funds. If relevant
public utilities, government departments or judicial procuratorial organs ask in written form Party A to assist in withholding
or deducting Party B's funds, Party B shall agree Party A to assist.

 

     

     

    

 

12.3 If Party B fails to return
the property on time as stipulated in Article 13.1, it shall pay the rent twice as much as the standard rent stipulated in this
agreement, and shall pay the liquidated damages as 10% of the total amount of monthly rent. If the property is not returned within
five days after the expiration date, Party B shall be deemed to have given up the ownership of all the articles, equipment, facilities
and decoration in the property automatically; Party A shall have the right to recover the property, enter the property on its own
and dispose of all the articles, equipment, facilities and garbage in the property on its own. All the expenses incurred shall
be borne by Party B, and Party A shall have the right to deduct the cost from Party B's lease security and other funds.

 

12.4 When Party B returns the
property, (i.e. the state in which Party A delivers the property) or jointly uses the above rights. If Party A does not make a
definite choice, it shall be deemed that it receive without compensation, and Party B shall not destroy any decoration in the property
(including but not limited to hydroelectric lines, ceilings, floors, partitions, glass doors and windows, various decorations and
accessories fixed to the property, except for movable articles, facilities and equipment etc.); however, if Party B changes the
structure of the property without the written consent of Party A, Party B shall restore it to its original state as required by
Party A and the property management company; if Party B does not restored in the limited time, Party A has the right to entrust
a third party to repair or restore it to the original state, and all the expenses incurred shall be borne by Party B. Party A has
the right to deduct the expenses from Party B's lease deposit.

 

12.5 Party B agrees that Party
A has the right to bring any visitor or future lessees into the property for inspection at or within 2 months before the
expiration of the lease term or the termination of this agreement.

 

Article 13 Other liabilities
for breach of contract and Termination of the agreement

 

13.1 If Party B fails to pay
the amount payable within ten days after agreed date, Party B shall pay to Party A the liquidated damages at 5% of the amount owed
on each overdue day until the date of payment. If Party B fails to pay the property management fee and the water and electricity
fee on time, Party B shall pay the late fee according to the late fee standard determined by the property management company and
Shenzhen water supply and power supply department until the payment date.

 

13.2 If Party B has any of
the following circumstances, it shall be deemed as a serious breach of contract, and Party A shall have the right to terminate
this agreement unilaterally at any time (not deemed to be a violation) and to take back the property and rent out it separately,
without refunding the rent and the lease deposit paid by Party B who shall separately compensate for the loss of Party A:

 

13.2.1 Party B is in arrears
with rent, property management fees or other payables, and the time of default is up to 30 days or more (whether or not Party A
has urged Party B to pay);

 

13.2.2 Party B violates Dachong
International Center's management rules and regulations and does not make corrections within the time limit stipulated by Party
A and the property management company;

 

     

     

    

 

13.2.3 Party B violates the
Article 8 of this agreement, failing to install its advertisement in the designated place as required by Party A and the property
management company and failing to correct it within the time limit stipulated by Party A;

 

13.2.4 Party B fails to fulfill
its maintenance obligations and still fails to do after Party A or the property management company urges;

 

13.2.5 Party B has other major
breaches of contract.

 

13.3 If Party A has one of
the following circumstances, Party B can unilaterally terminate this agreement (not deemed to be a breach of contract) and require
Party A to return the rent for the period not yet fulfilled.

 

13.3.1 Party A delays the delivery
of the property for 30 days or more (except for reasons arising from Party B);

 

13.3.2 Without the consent
of Party B or the approval of relevant departments, Party A rebuilds, expands or renovates the property, which causes Party B to
be unable to use it;

 

13.3.3 Party A withdraws the
property before the expiration date;

 

13.3.4 The structure or quality
of the property affects the normal use of Party B;

 

13.3.5 Party B can not successfully
handle relevant licenses due to Party A or the property management company.

 

Party B has the right to refuse
to pay the rent and terminate the agreement when the above situation occurs, and Party A should return the deposit within 3 days
and compensate for the loss of Party B.

 

13.4 During the term of the
lease, in any of the following circumstances, either party can terminate this agreement (not deemed to be in breach of contract),
and the rent and other charges payable shall be settled and paid in accordance with the actual term of the lease:

 

13.4.1 The property is expropriated
or requisitioned for national construction or social public interests according to the law;

 

13.4.2 The property has been
disposed of by mortgage;

 

13.4.3 The property is destroyed,
unable to continue to be used or identified as a dangerous building due to Force Majeure;

 

13.4.4 Party A and Party B
agree not to pursue liabilities for breach of contract.

 

13.5 The term "termination
of this agreement" as used herein means the termination of the lease relationship established by Party A and Party B with
respect to the property, including the termination of this agreement as well as the lease contracts and relevant legal documents
for the record of the government.

 

     

     

    

 

Article 14 Notice

 

14.1 Unless otherwise agreed,
the contact address, telephone number and fax number of both parties shall be governed by this agreement. If there is any change,
the other party should be notified in writing seven days in advance, otherwise the consequences and liabilities arising therefrom
will be borne by the changing party. After Party B enters the house, the address of the property automatically becomes one of the
communication addresses of Party B.

 

14.2 If either party sends
a notice to the other one by mail, the other party is deemed to have received the notice when the postal unit or the courier sends
the mail to the other party's contact address in the usual way. If the mail is returned due to "unknown address", "no
such person", "telephone disconnection", "the other party refuses to accept" or other reasons, it is also
deemed to have been served.

 

14.3 If Party A or the property
management company serves written notice to Party B but Party B refuses to sign or cannot sign, Party A or the property management
company can post written notice on the exterior wall of the property or in a prominent position leading to the property, or issue
the notice with electronic display screen. When posted or released, it is deemed to have been served.

 

Article 15 Settlement of disputes
and Application of law

 

In case of dispute, the two
parties shall negotiate to resolve it. When negotiation fails, any party of Party A and Party B can bring proceedings in the people's
court of the region where the property is located. Disputes about this agreement shall be handled according to the laws of the
people's Republic of China (except those in Hong Kong, Macao and Taiwan).

 

Article 16 Validity of the
agreement

 

16.1 This agreement and the
appendix have constituted all the rights and obligations of the two parties on the lease of the house. Advertising and publicity
materials provided by Party A do not constitute part of the agreement. This Agreement shall immediately replace all previous commitments,
letters of intent, agreements and contracts between the two parties from the date of signing. The rights and obligations of both
parties shall be governed by the provisions of this agreement and the annex.

 

16.2 If some clauses or some
contents of any clause in this agreement are found to be invalid, invalid, illegal or unenforceable, it shall not affect the continuous
and effective execution of other clauses and other contents of the clause.

 

     

     

    

 

16.3 If either party do not
exercise any right conferred by this agreement, it shall not be deemed to waive the right and it also can exercise the right in
the future. The rescission or termination of the agreement shall not be deemed that either party has waived the right to pursue
the other party's liability for breach of contract. Either party shall have the right to pursue the other party's liability for
breach of contract in accordance with the law and this agreement.

 

Article 17 Effective and Number
of contracts

 

This Agreement shall come into
force on the date of signing and sealing by both parties. This agreement is done in duplicate, and Party A and Party B each holds
one copy with the same legal effect.

 

Party A (Sealing): Shenzhen
Dedian Investment Ltd.

 

Legal Representative: ZHOU
Guanru

 

Party B (Sealing): Qianhai
Asia Times (Shenzhen) International Financial Services Co., Ltd.

 

Legal Representative: CHEN
Qiang

 

Signing Date: 25 October,
2018Exhibit 10.10

 

Equity Transfer
Agreement

 

Transferor (Party A): Qianhai Asia Times
(Shenzhen) International Financial Services Co., Ltd.

 

Legal Representative: CHEN Qiang

 

Transferee (Party B): ZHOU Yanru (identity
card number: 44052719591014441X)

 

Address: Room 30B, Building South D2, Jingji
Binhe Times Square, Binhe Street, Futian District, Shenzhen, Guangdong, China

 

The subject matter of this transfer: 45%
of the shares held by Party A of Qianhai Asia Times (Shenzhen) International Fund Management Co., Ltd.

 

In accordance with the relevant laws and
regulations and through friendly negotiation, Party A and Party B have reached an agreement on the transfer of 45% held by Party
A of the shares of Qianhai Asia Times (Shenzhen) International Fund Management Co., Ltd. (hereinafter referred to as "target
company") to Party B. On this basis, both parties sign this agreement and execute it strictly.

 

1. The condition of the subject matter

 

1) The registered capital of
the target company is 50 million RMB.

 

2) The subject matter of this
transfer is 45% of shares held by Party A of the target company.

 

2. The equity structure of the target company
after this transfer is:

 

Name of Shareholder
1: Qianhai Asia Times (Shenzhen) International Financial Services Co., Ltd.

 

Subscribed Capital: 27,500,000 RMB

 

Equity Portion: 55%

 

     

     

    

 

Name of Shareholder 2: ZHOU Yanru

 

Subscribed Capital: 22,500,000 RMB

 

Equity Portion: 45%

 

3. Representation and Warranties by both
parties

 

1) Representation and Warranties
by Party A

 

a) Party A is a corporation
legal person established and surviving legally with an independent civil capacity.

 

b) Party A is the shareholder
of the target company, legally holding 45% of the company's equity, and agrees to transfer the equity it holds to Party B;

 

c) Party A undertakes that the
shares it holds and shall transfer to Party B are not guaranteed, pledged or any other third party’s interests to any other
third party, without any restrictions form the judiciary.

 

d) Party A undertakes that the
transfer of shares to Party B has been approved by its authorized decision-making body.

 

e) Party A undertakes to actively
assist Party B in handling the relevant procedures for transfer of the shares. Party A shall not dispose of any asset of the target
company and shall not provide guarantees or mortgages in the name of the target company before the relevant procedures are completed.

 

f) Party A confirms that before
the signing of this agreement, the condition of the legal personality, legal operation and legal existence of the target company
as well as the status of ownership of assets, debt and liabilities, taxation, litigation and arbitration, and other disputes, incidents
or factors that may adversely affect the company, provided by the target company and itself to Party B are true, accurate and complete,
without any false. And Party A is willing to bear any legal liability caused by improper disclosure of the target company and its
own.

 

2) Representation and Warranties
by Party B

 

a) Party B is a corporation legal
person established and surviving legally with an independent civil capacity.

 

     

     

    

 

b) Party B agrees to acquire 45%
of the shares of the target company from Party A and the relevant acts have been approved by the authority. Party B has understand
the basic situation of the target company.

 

c) Party B guarantees that it
has the ability to pay the equity transfer price.

 

d) Party B guarantees that it
will further promote and support the development of the target company after it becomes one of it’s shareholders.

 

4. Transfer Price and Payment

 

1) Party A and Party B agree
and confirm that the equity transfer price under this agreement is 31,500 RMB (THIRTY-ONE THOUSAND AND FIVE HUNDRED RMB).

 

2) Party A and Party B agree
that Party B shall pay the equity transfer price to Party A at once, and Party A shall issue a compliance receipt to Party B at
the same time as the payment is received.

 

5. Conditions under which the agreement
becomes effective

 

When these two conditions are met, this
agreement shall become effective. The conditions are:

 

1) This agreement is signed by
Party A and Party B.

 

2) This agreement has been authorized
and approved by Party A's organ of authority (Board of Directors or Shareholders' Meeting).

 

6. Liability for breach of agreement

 

1) Party A and Party B shall
both fully perform the contents stipulated in this agreement. Failure by either party to fulfill the terms stipulated in this agreement,
its subsidiary or supplementary provisions shall be deemed to be a breach of agreement, and the other party shall have the right
to ask it to pay the liquidated damages and compensate for the corresponding losses.

 

2) The liquidated damages of
this agreement are 5% of the total value of the equity transfer price. The corresponding losses only refers to direct and actual
losses of the party, excluding other losses.

 

     

     

    

 

3) When the party who complies
with the agreement investigate the other one for breach of agreement, it shall have the right to request the continuation or termination
of the performance of this agreement.

 

7. Change and termination of agreement

 

1) Both parties of this agreement
can change or supplement this agreement by signing a written supplementary agreement by consensus.

 

2) Both parties agree that any
of the following circumstances can result in the termination of this agreement:

 

a) Party A and Party B have
fulfilled their obligations under this agreement and their rights under this agreement have been fully realized.

 

b) Party A and Party B agree
to terminate this agreement by consensus.

 

c) The transfer referred to
in this agreement has not been approved by the industry and commerce authorities for other reasons.

 

If this agreement is terminated for the
reasons mentioned in above item (2) (3), Party A shall return in full the transfer price paid by Party B within 30 days.

 

3) After the termination of the
rights and obligations of this agreement, the parties shall perform the obligations of notification, assistance and confidentiality.

 

8. Confidentiality

 

Neither party shall disclose or disseminate
to the public or any third party any business secrets about the production, operation, investment or any other aspects of the other
party which is known in the course of negotiation, signing or performance of this agreement; nor shall it use such business secrets
for its own or any other person's benefit. Unless there is: (1) legal requirement; (2) public interest requirement; (3) prior written
consent of the other party.

 

9. Supplementary articles

 

1) Any dispute arising from the
performance of this agreement shall be settled by friendly negotiation as far as possible. If it fails to reach agreement, either
party can bring the action to the people's court in the place where the agreement is signed.

 

     

     

    

 

2) The matters not covered in
this agreement shall be settled by both parties on the principle of friendly consultation. A supplementary agreement may be signed
separately and shall have the same legal effect as this agreement.

 

3) This agreement is in quadruplicate,
each party holds one copy, the target company keeps one copy, and the remaining one is submitted to the company registration authority
for the record.

 

Transferor (Party A): Qianhai Asia Times
(Shenzhen) International Financial Services Co., Ltd.

 

(Sealing)

 

Legal Representative: CHEN Qiang

 

Transferee (Party B): ZHOU Yanru

 

(Signing)

 

13 August, 2018 in Nanshan District, Shenzhen

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00290-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00290-of-00352.parquet"}]]