Document:

Exhibit 10.28

 

Loan Agreement by and
between 

United Time Technology
Co., Ltd. and Its Shareholder

[Unofficial English
Translation]

 

Party A (Borrower/Company):
United Time Technology Co., Ltd.

Legal Representative:
Minfei Bao

Address: Floor 7, Block
5A, Software Industry Base, Nanshan District, Shenzhen City

 

Party B (Lender/Shareholder):
Minfei Bao

ID Number: 510402197304140958

 

WHEREAS, Party B is the
shareholder of Party A, Party A now borrows from Party B for daily operation needs. Both parties sign this agreement to clarify
the responsibilities of both parties, the nature of the payment and related matters.

 

Article 1: Loan Commitments

 

Party B agrees to grant the Party A a loan
with an aggregate amount of RMB1,300,000 only.

 

Article 2: Interest and Payments

 

The loan is non-interest bearing.

 

Article 3: Terms of the Loan

 

1. The term of the loan shall
be ten (10) years, starting from June 19, 2018 to June 18, 2028. The Lender will make the payment to the account designated by
the Borrower in one lump sum within three (3) days from the date of execution of the agreement.

 

2. The borrower shall repay
the total principal in lump-sum to the account designated by the lender before the loan becomes due.

 

Article 4: Natures of the Loan

 

Both parties confirm that the
funds used for borrowing are provided by the nature of borrowing rather than capital contributions or capital payments.

 

Article 5: Obligations

 

I. Borrower’s
Obligations

 

1. The loan shall only be used
for the purposes provided in the loan agreement, and may not be used for other purposes or illegal activities.

 

2. The Borrower shall repay
to the Lender the outstanding amount of the loan in lump-sum according to the term agreed upon.

 

    

     

    

 

II. Lender Obligations

 

1. Lender shall make full payments
of the loan to the Borrower’s account according to the agreed-upon schedule.

 

2. Lender shall keep confidential
of the debts, financials, production, operation and any commercial information related to the Borrower to the third party.

 

Article 6: Dispute resolutions

 

All parties shall settle disputes
arising from the performance of this Agreement through friendly negotiation; If negotiation falls apart, either party has the right
to bring a lawsuit to the court where the Company is registered.

 

Article 7: Others

 

If there are any matters not
covered in this Agreement, both parties shall negotiate together to make written supplementary arrangements, which should have
the same effect as this Agreement.

 

Party A: United Time Technology Co., Ltd.
(Seal Affixed)

Legal Representative: Minfei Bao

 

	Party B (Shareholder):	/s/ Minfei Bao	 
	 	Minfei Bao	 

 

Date: June 19, 2018

 

    2

     

    

 

Loan Agreement by and
between 

United Time Technology
Co., Ltd. and Its Shareholder

[Unofficial English
Translation]

 

Party A (Borrower/Company):
United Time Technology Co., Ltd.

Legal Representative:
Minfei Bao

Address: Floor 7, Block
5A, Software Industry Base, Nanshan District, Shenzhen City

 

Party B (Lender/Shareholder):
Minfei Bao

ID Number: 510402197304140958

 

WHEREAS, Party B is the
shareholder of Party A, Party A now borrows from Party B for daily operation needs. Both parties sign this agreement to clarify
the responsibilities of both parties, the nature of the payment and related matters.

 

Article 1: Loan Commitments

 

Party B agrees to grant the Party A a loan
with an aggregate amount of RMB1,700,000 only.

 

Article 2: Interest and Payments

 

The loan is non-interest bearing.

 

Article 3: Terms of the Loan

 

1. The term of the loan shall
be ten (10) years, starting from January 16, 2020 to January 15, 2030. The Lender will make the payment to the account designated
by the Borrower in lump-sum within three (3) days from the date of execution of the agreement.

 

2. The borrower shall repay
the total principal in lump-sum to the account designated by the lender before the loan becomes due.

 

Article 4: Natures of the Loan

 

Both parties confirm that the
funds used for borrowing are provided by the nature of borrowing rather than capital contributions or other capital payments.

 

Article 5: Obligations

 

I. Borrower’s
Obligations

 

1. The loan shall only be used
for the purposes provided in the loan agreement, and may not be used for other purposes or illegal activities.

 

2. The Borrower shall repay
to the Lender the outstanding amount of the loan in lump-sum according to the term agreed upon.

 

    3

     

    

 

II. Lender’s Obligations

 

1. Lender shall make full payments
of the loan to the Borrower’s account according to the agreed-upon schedule.

 

2. Lender shall keep confidential
of the debts, financials, production, operation and any commercial information related to the Borrower.

 

Article 6: Dispute resolutions

 

All parties shall settle disputes
arising from the performance of this Agreement through friendly negotiation; If negotiation falls apart, either party has the right
to bring a lawsuit to the court where the Company is registered.

 

Article 7: Others

 

If there are any matters not
covered in this Agreement, both parties shall negotiate together to make written supplementary arrangements, which should have
the same effect as this Agreement.

 

Party A: United Time Technology Co., Ltd.
(Seal Affixed)

Legal Representative: Minfei Bao

 

	Party B (Shareholder):	/s/ Minfei Bao	 
	 	Minfei Bao	 

 

Date: January 15, 2020

 

    4

     

    

 

Loan Agreement by and
between 

United Time Technology
Co., Ltd. and Its Shareholder

[Unofficial English
Translation]

 

Party A (Borrower/Company):
United Time Technology Co., Ltd.

Legal Representative:
Minfei Bao

Address: Floor 7, Block
5A, Software Industry Base, Nanshan District, Shenzhen City

 

Party B (Lender/Shareholder):
Minfei Bao

ID Number: 510402197304140958

 

WHEREAS, Party B is the
shareholder of Party A, Party A now borrows from Party B for daily operation needs. Both parties sign this agreement to clarify
the responsibilities of both parties, the nature of the payment and related matters.

 

Article 1: Loan Commitments

 

Party B agrees to grant the Party A a loan
with an aggregate amount of RMB1,000,000 only.

 

Article 2: Interest and Payments

 

The loan is non-interest bearing.

 

Article 3: Terms of the Loan

 

1. The term of the loan shall
be ten (10) years, starting from March 11, 2020 to March 10, 2030. The Lender will make the payment to the account designated by
the Borrower in one lump sum within three (3) days from the date of execution of the agreement Clause

 

2. The borrower shall repay
the total principal in lump-sum to the account designated by the lender before the loan becomes due.

 

Article 4: Natures of the Loan

 

Both parties confirm that the
funds used for borrowing are provided by the nature of borrowing rather than capital contributions or capital payments.

 

Article 5: Obligations

 

I. Borrower’s
Obligations

 

1. The loan shall only be used
for the purposes provided in the loan agreement, and may not be used for other purposes or illegal activities.

 

2. The Borrower shall repay
to the Lender the outstanding amount of the loan in lump-sum according to the term agreed upon.

 

    5

     

    

 

II. Lender Obligations

 

1. Lender shall make full payments
of the loan to the Borrower’s account according to the agreed-upon schedule.

 

2. Lender shall keep confidential
of the debts, financials, production, operation and any commercial information related to the Borrower to the third party.

 

Article 6: Dispute resolutions

 

All parties shall settle disputes
arising from the performance of this Agreement through friendly negotiation; If negotiation falls apart, either party has the right
to bring a lawsuit to the court where the Company is registered.

 

Article 7: Others

 

If there are any matters not
covered in this Agreement, both parties shall negotiate together to make written supplementary arrangements, which should have
the same effect as this Agreement.

 

Party A: United Time Technology Co., Ltd.
(Seal Affixed)

Legal Representative: Minfei Bao

 

	Party B (Shareholder):	/s/ Minfei Bao	 
	 	Minfei Bao	 

 

Date: March 10, 2020

 

    6

     

    

 

Loan Agreement by and
between 

United Time Technology
Co., Ltd. and Its Shareholder

[Unofficial English
Translation]

 

Party A (Borrower/Company):
United Time Technology Co., Ltd.

Legal Representative:
Minfei Bao

Address: Floor 7, Block
5A, Software Industry Base, Nanshan District, Shenzhen City

 

Party B (Lender/Shareholder):
Minfei Bao

ID Number: 510402197304140958

 

WHEREAS, Party B is the
shareholder of Party A, Party A now borrows from Party B for daily operation needs. Both parties sign this agreement to clarify
the responsibilities of both parties, the nature of the payment and related matters.

 

Article 1: Loan Commitments

 

Party B agrees to grant the Party A a loan
with an aggregate amount of RMB1,000,000 only.

 

Article 2: Interest and Payments

 

The loan is non-interest bearing.

 

Article 3: Terms of the Loan

 

1. The term of the loan shall
be ten (10) years, starting from March 23, 2020 to March 22, 2030. The Lender will make the payment to the account designated by
the Borrower in one lump sum within three (3) days from the date of execution the agreement.

 

2. The borrower shall repay
the total principal in lump-sum to the account designated by the lender before the loan becomes due.

 

Article 4: Natures of the Loan

 

Both parties confirm that the
funds used for borrowing are provided by the nature of borrowing rather than capital contributions or capital payments.

 

Article 5: Obligations

 

I. Borrower’s
Obligations

 

1. The loan shall only be used
for the purposes provided in the loan agreement, and may not be used it for other purposes or illegal activities.

 

2. The Borrower shall repay
to the Lender the outstanding amount of the loan in lump-sum according to the term agreed upon.

 

    7

     

    

 

II. Lender Obligations

 

1. Lender shall make full payments
of the loan to the Borrower’s account according to the agreed-upon schedule.

 

2. Lender shall keep confidential
of the debts, financials, production, operation and any commercial information related to the Borrower to the third party.

 

Article 6: Dispute resolutions

 

All parties shall settle disputes
arising from the performance of this Agreement through friendly negotiation; If negotiation falls apart, either party has the right
to bring a lawsuit to the court where the Company is registered.

 

Article 7: Others

 

If there are any matters not
covered in this Agreement, both parties shall negotiate together to make written supplementary arrangements, which should have
the same effect as this Agreement.

 

Party A: United Time Technology Co., Ltd.
(Seal Affixed)

Legal Representative: Minfei Bao

 

	Party B (Shareholder):	/s/ Minfei Bao	 
	 	Minfei Bao	 

 

Date: March 22, 2020

 

    8

     

    

 

Loan Agreement by and
between 

United Time Technology
Co., Ltd. and Its Shareholder

[Unofficial English
Translation]

 

Party A (Borrower/Company):
United Time Technology Co., Ltd.

Legal Representative:
Minfei Bao

Address: Floor 7, Block
5A, Software Industry Base, Nanshan District, Shenzhen City

 

Party B (Lender/Shareholder):
Minfei Bao

ID Number: 510402197304140958

 

WHEREAS, Party B is the
shareholder of Party A, Party A now borrows from Party B for daily operation needs. Both parties sign this agreement to clarify
the responsibilities of both parties, the nature of the payment and related matters.

 

Article 1: Loan Commitments

 

Party B agrees to grant the Party A a loan
with an aggregate amount of RMB500,000 only.

 

Article 2: Interest and Payments

 

The loan is non-interest bearing.

 

Article 3: Terms of the Loan

 

1. The term of the loan shall
be ten (10) years, starting from April 30, 2020 to April 29, 2030. The Lender will make the payment to the account designated by
the Borrower in one lump sum within three (3) days from the date of execution of the agreement Clause

 

2. The borrower shall repay
the total principal in lump-sum to the account designated by the lender before the loan becomes due.

 

Article 4: Natures of the Loan

 

Both parties confirm that the
funds used for borrowing are provided by the nature of borrowing rather than capital contributions or capital payments.

 

Article 5: Obligations

 

I. Borrower’s
Obligations

 

1. The loan shall only be used
for the purposes provided in the loan agreement, and may not be used for other purposes or illegal activities.

 

2. The Borrower shall repay
to the Lender the outstanding amount of the loan in lump-sum according to the term agreed upon.

 

    9

     

    

 

II. Lender Obligations

 

1. Lender shall make full payments
of the loan to the Borrower’s account according to the agreed-upon schedule.

 

2. Lender shall keep confidential
of the debts, financials, production, operation and any commercial information related to the Borrower to the third party.

 

Article 6: Dispute resolutions

 

All parties shall settle disputes
arising from the performance of this Agreement through friendly negotiation; If negotiation falls apart, either party has the right
to bring a lawsuit to the court where the Company is registered.

 

Article 7: Others

 

If there are any matters not
covered in this Agreement, both parties shall negotiate together to make written supplementary arrangements, which should have
the same effect as this Agreement.

 

Party A: United Time Technology Co., Ltd.
(Seal Affixed)

Legal Representative: Minfei Bao

 

	Party B (Shareholder):	/s/ Minfei Bao	 
	 	Minfei Bao	 

 

Date: April 29, 2020

 

    10

     

    

 

Loan Agreement by and
between 

United Time Technology
Co., Ltd. and Its Shareholder

[Unofficial English
Translation]

 

Party A (Borrower/Company):
United Time Technology Co., Ltd.

Legal Representative:
Minfei Bao

Address: Floor 7, Block
5A, Software Industry Base, Nanshan District, Shenzhen City

 

Party B (Lender/Shareholder):
Minfei Bao

ID Number: 510402197304140958

 

WHEREAS, Party B is the
shareholder of Party A, Party A now borrows from Party B for daily operation needs. Both parties sign this agreement to clarify
the responsibilities of both parties, the nature of the payment and related matters.

 

Article 1: Loan Commitments

 

Party B agrees to grant the Party A a loan
with an aggregate amount of RMB400,000 only.

 

Article 2: Interest and Payments

 

The loan is non-interest bearing.

 

Article 3: Terms of the Loan

 

1.
The term of the loan shall be ten (10) years, starting from May 6, 2020 to May 5, 2030. The Lender will make the payment to the
account designated by the Borrower in one lump sum within three (3) days from the date of execution of the agreement.

 

2.
The borrower shall repay the total principal in lump-sum to the account designated by the lender before the loan becomes due.

 

Article 4: Natures of the Loan

 

Both parties confirm that the
funds used for borrowing are provided by the nature of borrowing rather than capital contributions or capital payments.

 

Article 5: Obligations

 

I. Borrower’s
Obligations

 

1. The loan shall only be used
for the purposes provided in the loan agreement, and may not be used for other purposes or illegal activities.

 

2. The Borrower shall repay
to the Lender the outstanding amount of the loan in lump-sum according to the term agreed upon.

 

    11

     

    

 

II. Lender Obligations

 

1. Lender shall make full payments
of the loan to the Borrower’s account according to the agreed-upon schedule.

 

2. Lender shall keep confidential
of the debts, financials, production, operation and any commercial information related to the Borrower to the third party.

 

Article 6: Dispute resolutions

 

All parties shall settle disputes
arising from the performance of this Agreement through friendly negotiation; If negotiation falls apart, either party has the right
to bring a lawsuit to the court where the Company is registered.

 

Article 7: Others

 

If there are any matters not
covered in this Agreement, both parties shall negotiate together to make written supplementary arrangements, which should have
the same effect as this Agreement.

 

Party A: United Time Technology Co., Ltd.
[Seal to be affixed]

Legal Representative: Minfei Bao

 

	Party B (Shareholder):	/s/ Minfei Bao	 
	 	Minfei Bao	 

 

Date: May 6, 2020

 

 

12Exhibit 10.29

 

Debt Offset Agreement
by and between 

United Time Technology
Co., Ltd. and Its Shareholder

[Unofficial English
Translation]

 

Party A: United Time
Technology Co., Ltd.

Legal Representative:
Minfei Bao

Address: Floor 7, Block
5A, Software Industry Base, Nanshan District, Shenzhen City

 

Party B (Shareholder):
Minfei Bao

ID Number: 510402197304140958

 

Article 1: Credits and
Debts

 

As of March 31, 2019,
the credits and debts of both parties is as follows:

 

	 	 	Creditor	 	Debtor	 	Amount (in RMB)	 	 	Note
	1	 	United Time Technology Co., Ltd.	 	Minfei Bao	 	 	733,200	 	 	Advance
	2	 	Minfei Bao	 	United Time Technology Co., Ltd.	 	 	2,250,000	 	 	Loan

 

Article 2: Contents

 

1. Both parties agree that the
above-mentioned credits of RMB2,225,000 that Party B has against Party A should be offset by the debt of RMB733,200 owed by Party
B to Party A.

 

2. Party A shall carry out corresponding
financial accounting management after the above offset takes effect.

 

3. Both parties agree to sign
and seal this Agreement to acknowledge the offset of the above credits and debts.

 

Article 3: Representations and Warranties

 

1. Both parties represent that
the credits to be offset are legal and valid.

 

2. Both parties represent and
warrant that both parties have obtained all necessary authorizations and approvals for signing and performing this agreement. Signing
and performing this agreement will not constitute any breach or violation of any legal documents signed by the parties to the agreement.

 

3. Both parties agree and confirm
that from the effective date of this agreement, they will fully perform the offsetting obligations between them in accordance with
the agreement.

 

Article 4: Dispute Resolutions

 

All parties shall settle disputes
arising from the performance of this Agreement through friendly negotiation; If the negotiation falls apart, either party has the
right to bring a lawsuit to the court where the company is registered.

 

Article 5: Others

 

If there are any matters not
covered in this Agreement, both parties shall negotiate together to make written supplementary arrangements, which have the same
effect as this Agreement.

 

(The remainder of this Page is intentionally
left blank)

 

    

     

    

 

This page is the signature page to the Debt
Offset Agreement.

 

Party A: United Time Technology Co., Ltd.
(Seal Affixed)

Legal Representative: Minfei Bao

 

	Party B (Shareholder):	/s/ Minfei Bao	 
	 	Minfei Bao	 

 

Date: March 31, 2019

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