Document:

EX-10.25

 Exhibit 10.25 

Equity Pledge Agreement 
 This Equity
Pledge Agreement (the “Agreement”) is entered into on December 30, 2013 in Beijing, China by and among the following parties: 
  

			
	Party A:	  	ShanghaiMed iKang, Inc. (the “Pledgee”)
	Address:	  	701, 7th Floor, No. 2, Haidian North 1st Street, Haidian District, Beijing.
		
	Party B:	  	Hu Haiqing (the “Pledgor”)
	ID Number:	  	320102198102151619
		
	Party C:	  	Jiandatong Health Technology (Beijing) Co., Ltd.
	Address:	  	708, Tower A, Pengrun Mansion, No. 26 Xiaoyun Road, Chaoyang District, Beijing.

 For the purpose of this Agreement, the Pledgee, Pledgors and Party C are individually referred to as “the
Party” and collectively referred to as “the Parties”. 
 Whereas: 

 

	 	1.	The Pledgors are shareholders of Party C and jointly hold 80% Equity Interest in Party C; Party C is a company registered in Beijing, the People’s Republic of China (the “PRC”), which
engages in the consulting services relating to health care to meet people’s increasing demand for medical service (“Main Business”); Party C intends to acknowledge hereby the rights and obligations of the Pledgee and the
Pledgors under this Agreement, and provide necessary assistance to register such Pledge Right (as defined below); 

  

	 	2.	The Pledgee is a wholly-owned subsidiary established in the PRC by an enterprise registered in BVI; the Pledgee and Party C entered into the Exclusive Business Cooperation Agreement (the “Business
Cooperation Agreement”) and the Exclusive Call Option Agreement on December 30, 2013, and the Pledgors signed the Power of Attorney to the Pledgee on the same day; and 

 

	 	3.	In order to guarantee that the Pledgee can collect from Party C the due payment payable by Party C under the Business Cooperation Agreement, including but not limited to the expenses such as consultation service
fees, the Pledgors pledge all their equity in Party C as the security for payment by Party C under the Business Cooperation Agreement. 

  
 1 

 For the performance of the terms under the Business Cooperation Agreement, the Parties agree to
execute this Agreement according to the following terms. 
  

	1.	Definitions 

 Unless otherwise provided in this Agreement, the following terms have the
meaning set out below: 
  

	 	1.1	“Pledge Right” shall mean the security interest granted to the Pledgee by the Pledgors according to Article 2 hereunder, which is, the Pledgee’s right whereby the Pledgee may convert the Equity Interest
pledged to it by the Pledgors into money or preempt the proceeds from the auction or sale of the said Equity Interest. 

  

	 	1.2	“Equity Interest” shall mean the equity interests in Party C held by the Pledgors lawfully and all present and future rights. 

 

	 	1.3	“Pledge Term” shall mean the period specified in Article 3 of this Agreement. 

  

	 	1.4	“Business Cooperation Agreement” shall mean the Exclusive Business Cooperation Agreement dated December 30, 2013 between Party C in which the Pledgors had part of Equity Interest and the Pledgee.

  

	 	1.5	“Event of Default”: shall mean any circumstances set forth in Article 7 hereunder. 

  

	 	1.6	“Notice of Default”: shall mean the notice that states the Event of Default issued by the Pledgee in accordance with this Agreement for declaring the default. 

 

	2.	Pledge Right 

  

	 	2.1	As the security for timely and full payment of any or all the amounts payable to the Pledgee by Party C under the Business Cooperation Agreement, including but not limited to the consultation service fees under the
Exclusive Business Cooperation Agreement, the Pledgors hereby pledge all their current or future-acquired equity interests in Party C to the Pledgee, regardless of whether the due payment of such fees is as a result of the arrival of the due date of
payment, request of earlier payment or other reasons. 

  

	 	2.2	Once Party B makes additional capital contribution to Party C or further acquires any Equity Interest in Party C, which results Party B’s Equity Interest percentage exceeding its current percentage, Party B shall
pledge all such exceeding part to the Pledgee, and shall assist and cooperate to execute relevant agreements and to deal with the Equity Interest pledge registration and record. 

  
 2 

	3.	Pledge Term 

  

	 	3.1	The Pledge Right shall come into effect from the date when the Equity Interest pledge under this Agreement is recorded in the register of shareholders of Party C, and the term of the Pledge Right shall continue until
all the amounts payable by Party C to the Pledgee under the Business Cooperation Agreement are settled. The Parties agree that within 3 working days from the execution of this Agreement, the Pledgors and Party C shall register their Pledge Right
into the register of shareholders of Party C; within 60 working days from the execution of this Agreement or within other time limit as agreed by the Parties, the Pledgors and Party C shall register the Equity Interest pledge hereunder with the
industrial and commercial authority of Party C’s domicile. 

  

	 	3.2	During the Pledge Term, if Party C fails to pay the fees, including the consultation services fees under the Business Cooperation Agreement, the Pledgee is entitled to, but not obligated to, dispose of the Equity Pledge
hereunder. 

  

	4.	Custody of Pledge Right Certificate 

  

	 	4.1	During the Pledge Term hereunder, the Pledgors shall deliver the Equity Interest contribution certificates and the register of shareholders bearing the Pledge Right in Party C into the custody of the Pledgee. The
Pledgors shall deliver the abovementioned Equity Interest contribution certificates and register of shareholders to the Pledgee within one week from the execution date of this Agreement. The Pledgee will keep such documents during the whole Pledge
Term hereunder. 

  

	 	4.2	During the Pledge Term, if Party C declares a distribution of dividends or other shareholders’ interests, it shall directly distribute such amounts or interests to the Pledgee, and Party B may not receive such
dividends on Equity Interest. 

  

	5.	Representations and Warranties of the Pledgors 

  

	 	5.1	The Pledgors are the only legal owners of the Equity Interest. 

  
 3 

	 	5.2	The Pledgee has the right to dispose and transfer the Equity Interest in such manners hereunder. 

  

	 	5.3	The Pledgors have obtained, from the Company, all authorizations necessary for the execution of the Agreement and performance of the obligations hereunder that is not in breach of any applicable law and regulations. In
addition, the undersigned representative to this Agreement is duly and validly authorized. 

  

	 	5.4	There are no ongoing or potential civil, administrative or criminal litigations, or administrative penalties or arbitrations in relation to the Equity Interest. 

 

	 	5.5	There are no payable taxes or fees which should have been but have not been repaid, or required legal proceedings or procedures which should have been but not have been fulfilled in relation to the Equity Interest.

  

	 	5.6	All provisions hereof are the presentation of the Pledgors’ true intent, and are thereby binding to the Pledgors. 

  

	6.	Undertaking and Acknowledgement of the Pledgors 

  

	 	6.1	During the term of this Agreement, the Pledgors undertake to the Pledgee that they shall: 

  

	 	6.1.1	not transfer the Equity Interest and shall not create or permit the existence of any securities or other obligatory encumbrances that may affect the Pledgee’s right and interest in the Equity Interest, without the
prior written consent by the Pledgee, except for the performance under the Exclusive Option Agreement dated December 30, 2013 among the Pledgors, the Pledgee and Party C; 

 

	 	6.1.2	comply with all provisions of laws and regulations applicable to the pledge of right, and will present the Pledgee the notice, direction or advice issued or formulated by the regulatory authority with respect to the
Pledge Right, within five days after the receipt of such notice, direction or advice, comply with such notice, direction or advice, or submit objections and statements with respect to such notice, direction or advice upon the reasonable request or
the consent by the Pledgee; 

  

	 	6.1.3	promptly notify the Pledgee of any events or notices received that may affect the Pledgors’ Equity Interest or the right of any part thereof and that may change any warranties and obligations of the Pledgors
hereunder or may affect the performance of their obligations hereunder. 

  
 4 

	 	6.2	The Pledgors agree to cause the shareholders’ meeting of Party C to issue a resolution that all the shareholders unanimously approve the pledge of Equity Interest of the Pledgors to the Pledgee and the registration
of such pledge into the register of shareholders of Party C. 

  

	 	6.3	The Pledgors agree that the Pledge Right acquired by the Pledgee hereunder shall not be interrupted or impaired by the Pledgors or their successors or principals, or any other persons through legal proceedings.

  

	 	6.4	The Pledgors undertake to the Pledgee that, in order to protect and perfect the security for the payment of fees, including consultation service fees under the Business Cooperation Agreement, the Pledgors will execute
in good faith, and cause other persons who have interest in the Pledge Right to execute, all the certificates of rights and covenants required by the Pledgee, and/or perform, and cause the other interested parties to perform, the activities required
by the Pledgee, and facilitate the exercise of the Pledgee’s rights and authorities granted hereunder, execute all the documents in relation to the Equity Interest ownership with the Pledgee or its designated person (natural person/ legal
person), and provide the Pledgee within a reasonable period all the notices, orders or decisions with respect to the Pledge Right it deems necessary. 

  

	 	6.5	The Pledgors undertake to the Pledgee that they will comply with and perform all the warranties, undertakings, covenants, representations and conditions hereunder. If the Pledgors fail to perform or incompletely perform
their warranties, undertakings, covenants, representations and conditions, the Pledgors shall indemnify all the Pledgee’s losses arising therefrom. 

  

	7.	Event of Default 

  

	 	7.1	All the following matters shall be regarded as Event of Default: 

  

	 	7.1.1	Party C fails to timely and fully pay the amounts repayable, including consultation service fees, under the Business Cooperation Agreement, or breaches other obligations thereunder; 

 

	 	7.1.2	Any of the representations or warranties made by the Pledgors under Article 5 of this Agreement is materially misleading or wrong, and/or the Pledgors take any actions that violate the representations and warranties
under Article 5 of this Agreement; 

  
 5 

	 	7.1.3	The Pledgors and Party C violate any provisions of this Agreement; 

  

	 	7.1.4	Except for the provision of Article 6.1.1 of this Agreement, the Pledgors dispose of the pledged Equity Interest or arbitrarily transfer or intend to transfer the pledged Equity Interest without written consent from the
Pledgee; 

  

	 	7.1.5	With respect to any external loan, security, compensation, commitment or any other obligations of payment by the Pledgors, (1) an earlier repayment or performance required as a result of its breach of agreement; or
(2) a failure of timely repayment or performance; 

  

	 	7.1.6	Any consent, permit, approval or authorization of government departments necessary for the enforceability of this Agreement or the lawfulness or effectiveness of this Agreement is withdrawn, suspended, invalidated or
materially modified; 

  

	 	7.1.7	This Agreement becomes illegal or the Pledgors cannot continue to perform their obligations under this Agreement due to the promulgation of applicable laws; 

 

	 	7.1.8	Any adverse change occurs to the property owned by the Pledgors, which causes the Pledgee to conclude that the Pledgors’ ability to perform their obligations under this Agreement has been affected;

  

	 	7.1.9	The successor or receiver of Party C can only perform part of or refuses to perform the payment liability under the Business Cooperation Agreement; and 

 

	 	7.1.10	Any other circumstance where the Pledgee may not or possibly may not dispose of the Pledge Right in accordance with relevant laws. 

  

	 	7.2	In case of knowing or finding the occurrence of any events in Article 7.1 or circumstances that may result in the abovementioned events, the Pledgors shall immediately inform Pledgee in writing. 

 

	 	7.3	Unless the Event of Default has been completely resolved to the satisfaction of the Pledgee, the Pledgee may issue a Default Notice in writing to the Pledgors upon or at any time after the occurrence of Pledgors’
Event of Default, requiring the Pledgors to pay immediately all debts and other due amount under the Business Cooperation Agreement, or/and may dispose of the Equity Pledge in accordance with Article 8 of this Agreement. 

  
 6 

	8.	Exercise of Pledge Right 

  

	 	8.1	Before the full payment of outstanding amounts, including consultation service fees, specified under the Business Cooperation Agreement, the Pledgors shall not transfer this Pledge Right and its Equity Interest in Party
C without the Pledgee’s written consent. 

  

	 	8.2	The Pledgee may issue a Default Notice to the Pledgors when the Pledgee exercises the Pledge Right. 

  

	 	8.3	Subject to Article 7.3 hereof, upon or at any time after the issue of Default Notice in accordance with Article 7.2, the Pledgee may exercise its right to dispose of the Pledge Right. At the time that the Pledgee
decides to exercise its right to dispose of the Pledge Right, the Pledgors shall no longer own any right and interest in relation to the Equity Interest. 

  

	 	8.4	In case of any breach of this Agreement, within the extent permitted by law and according to relevant provisions of laws, the Pledgee is entitled to obtain the pledged Equity Interest and dispose of the pledged Equity
Interest in accordance with legal procedures. The Pledgee is not required to pay the proceeds received from such disposition to the Pledgors; the Pledgors hereby waive their potential rights to require from the Pledgee any proceedings from
disposition of the pledged Equity Interest. Similarly, the Pledgors shall assume no further obligations to the Pledgee for any loss after the disposition of the pledged Equity Interest. 

 

	 	8.5	In case that the Pledgee disposes of the Pledge Right in accordance with this Agreement, the Pledgors and Party C shall provide necessary assistance to facilitate the Pledgee to realize its Pledge Right.

  

	9.	Assignment 

  

	 	9.1	Unless with prior consent from the Pledgee, the Pledgors shall have no right to gift or assign their rights and obligations under this Agreement. 

 

	 	9.2	This Agreement shall be binding on the Pledgors and its successors and permitted transferees, and shall inure to the Pledgors and each of their successors and assignees. 

 

	 	9.3	The Pledgee may assign all or any of its rights and obligations under the Business Cooperation Agreement at any time to its designated person (natural person/legal person), in which case, the assignee shall enjoy the
rights enjoyed by the Pledgee hereunder, and assume the obligations assumed by the Pledgee hereunder, as it is the original Party to this Agreement. When the Pledgee assigns the rights and obligations under the Business Cooperation Agreement, upon
the Pledgee’s requirement, the Pledgors shall execute relevant agreements and/or documents with respect to such assignment. 

  
 7 

	 	9.4	Where the Pledgee is changed for the reason of the said assignment, upon the Pledgee’s requirement, the Pledgors shall execute a new pledge agreement with the new pledgee, whose content shall be identical with that
of this Agreement. 

  

	 	9.5	The Pledgors shall strictly comply with the provisions of this Agreement and other relevant agreements jointly or severally executed by each Party (including the exclusive option agreement and the power of attorney
granted to the Pledgee), perform obligations under each agreement, and shall not take any action/omission sufficient to affect the validity and enforceability of these agreements. Unless according to the Pledgee’s written direction, the
Pledgors shall not exercise their remaining rights to the pledged Equity Interest. 

  

	10.	Termination 

 When the outstanding amounts payable under the Business Cooperation
Agreement, including consultation service fees, have been fully paid, and Party C no longer assumes any obligations under the Business Cooperation Agreement, this Agreement shall be terminated, and the Pledgors shall cancel or rescind this Agreement
in a reasonable and practical time as early as possible. 
  

	11.	Commission Charge and Other Fees 

 All fees and out-of-pocket expenses in relation to
this Agreement, including but not limited to, legal fees, cost of duplicate, stamp duties and any other tax and fees, shall be assumed by Party C. If the Pledgee is required to pay relevant taxes according to law, the Pledgors shall cause Party C to
pay the full amount of the taxes paid by the Pledgee. 
  

	12.	Confidential Responsibility 

 Each Party acknowledges and confirms that, any oral or
written materials exchanged by each other for this Agreement are all confidential materials. Each Party shall keep all these materials confidential, and not disclose any relevant materials to any third party, without the written consent from other
Parties, only excluding the following circumstances: (a) materials known or will be known by the public (provided not arbitrarily disclosed to the public by the receiving party); (b) materials required to be disclosed according to laws and
regulations or the rules or regulations of stock exchange; or (c) materials required to be disclosed by a Party to its legal or financial consultant with respect to the transaction contemplated in this Agreement, and the legal or financial
consultant shall also comply with the confidential responsibility similar to that under this Article. If any Party’s employee or engaged organization discloses the confidential information, it shall be regarded as the disclosure by the Party
and the Party shall bear liability for breach of agreement in accordance with this Agreement. Whether this Agreement is terminated for any reason, this Article shall remain in force. 

  
 8 

	13.	Governing law and Dispute Resolution 

 The conclusion, validity, interpretation and
performance of this Agreement, as well as the dispute resolution under this Agreement, shall be governed by the laws of PRC which are officially promulgated and available to the public. As to the matters not specified in the laws of PRC officially
promulgated and available to the public, the principles and practices of international laws shall be applied. 
 The Parties shall strive to
resolve any dispute arising from the interpretation or performance of this Agreement through friendly consultation. In case the dispute can not be resolved within 30 days after one Party issuing a written notice to the other Parties requiring
consultation, each Party may submit such dispute to China International Economic and Trade Arbitration Commission (“CIETAC”) for arbitration. The arbitration shall follow the current effective rules of CIETAC, and the arbitration
proceedings shall take place in Beijing. The arbitration language is Chinese. The arbitration award shall be final and binding upon the Parties. 

In case any dispute arises from the interpretation or performance of this Agreement, or any dispute is in arbitration, each Party shall
continue to exercise its rights and perform its obligations under this Agreement, except for the disputed matters. 
  

	14.	Notice 

 Any notice or other correspondence given or sent under the Agreement shall be
delivered by person, or by registered mail, postage prepaid courier service or commercial courier service, or be transmitted by facsimile to the following addresses of such Party. Each notice shall also be delivered by email. Such notices shall be
deemed to have been effectively delivered on the date as follows: 
 If the notice is delivered by person, courier service or registered
mail, postage prepaid courier, the effective delivery day is the delivery day or refusal day when the notice arrived at the address specified for the notice. 

  
 9 

 If the notice is delivered by facsimile, the effective delivery day is the day when it is
successfully transmitted (the automatically generated transmission confirmation shall be provided as evidence). 
 Any Party may change its
mail address for receiving the notice from time to time by issuing notice to the other Parties pursuant to this Article. 
  

	15.	Severability. 

 If one or more provisions of this Agreement are held invalid, illegal or
unenforceable in any respect under any law or regulation, the validity, legality or enforceability of the rest provisions of the Agreement shall not be affected or impaired in any respect. The Parties shall negotiate in good faith to replace such
invalid, illegal or unenforceable provisions with valid provisions to the fullest extent permitted by law and expected by the Parties, and the economic effects of such valid provisions shall be similar to those of the invalid, illegal or
unenforceable provisions as far as possible. 
  

	16.	Consistency 

 In the event of any inconsistency between this Agreement and any other
agreements entered into by the Parties, this Agreement shall prevail. 
  

	17.	Exhibits 

 The Exhibits attached to the Agreement are integral parts of this Agreement.

  

	18.	Effectiveness 

 Any amendment or supplement or change to this Agreement shall be in
writing, and shall come into effect upon being executed and sealed by the Parties hereto and such Equity Interest pledge issue being recorded in the register of Party C. 

This Agreement is written in Chinese and executed in 4 counterparts. The pledgee, the pledgors and Party C will each hold one counterpart, and
the rest counterpart will be used for the record with the industrial and commercial authority, which shall all have the same effect. 

[The remainder of this page is intentionally left blank] 

  
 10 

 [Signature Page for the Equity Pledge Agreement] 

IN WITNESS WHEREOF, each of the Parties hereto has duly executed this Equity Pledge Agreement (which shall come into force immediately) by its
representative duly authorized on the date first above written. 
  

			
	Party A:	 	ShanghaiMed iKang, Inc.
		
	Signature:	 	 /s/ Zhang Ligang

	Name:	 	Zhang Ligang
	Title:	 	Legal Representative

  
 11 

 [Signature Page for the Equity Pledge Agreement] 

IN WITNESS WHEREOF, each of the Parties hereto has duly executed this Equity Pledge Agreement (which shall come into force immediately) by its
representative duly authorized on the date first above written. 
  

			
	Party B:	 	Hu Haiqing
		
	Signature:	 	 /s/ Hu Haiqing

  
 12 

 [Signature Page for the Equity Pledge Agreement] 

IN WITNESS WHEREOF, each of the Parties hereto has duly executed this Equity Pledge Agreement (which shall come into force immediately) by its
representative duly authorized on the date first above written. 
  

			
	Party C:	 	Jiandatong Health Technology (Beijing) Co., Ltd.
		
	Signature:	 	 /s/ Hu Haiqing

	Name:	 	Hu Haiqing
	Title:	 	Legal Representative

  
 13 

 Exhibits: 
  

	1.	Capital Contribution Certificates of Jiandatong Health Technology (Beijing) Co., Ltd. 

  

	2.	Register of Shareholders of Jiandatong Health Technology (Beijing) Co., Ltd. 

  
 14 

 Exhibit-1 

Register of Shareholders of 

Jiandatong Health Technology (Beijing) Co., Ltd. 
  

	1.	Name of Shareholder: Hu Haiqing 

 ID No.: 320102198102151619 

Address: 8 Chaoyangmen North Street, Dongcheng District, Beijing 

Capital Contribution: RMB 4,000,000 yuan 

Percentage of Contribution: 80% 

Capital Contribution Certificate No. : 003 
  

	2.	Name of Shareholder: Ma Rui 

 ID No.: 110102195301100475 

Address: 4 Xishui Hutong, Xicheng District, Beijing 

Capital Contribution: RMB 1,000,000 yuan 

Percentage of Contribution: 20% 

Capital Contribution Certificate No. : 004 

Hu Haiqing holds 80% of the equity of Jiandatong Health Technology (Beijing) Co., Ltd. The said equity has been pledged in whole to ShanghaiMed iKang, Inc.,
with its address at 701, F7, 2 Beiyi Street, Haidian District, Beijing. 
 Ma Rui holds 20% of the equity of Jiandatong Health Technology (Beijing) Co.,
Ltd. 
 ShanghaiMed iKang, Inc. holds 80% in total of the equity of Jiandatong Health Technology (Beijing) Co., Ltd. as a pledge. 

 

			
	Signature:	 	 /s/ Hu Haiqing

		
	Name:	 	Hu Haiqing
		
	Title:	 	Legal Representative
	
	Jiandatong Health Technology (Beijing) Co., Ltd.
	(Company seal)
	
	Date: December 30, 2013

  
 15 

 Exhibit-2 

Capital Contribution Certificate of 

Jiandatong Health Technology (Beijing) Co., Ltd. 

(No. 003) 
 Name of Company:
Jiandatong Health Technology (Beijing) Co., Ltd. 
 Date of Incorporation: April 1, 2013 

Registered Capital: RMB 5,000,000 yuan 
 Name
of Shareholder: Hu Haiqing 
 Subscribed Capital of Shareholder: RMB 4,000,000 yuan 

Paid-in Capital of Shareholder: RMB 800,000 yuan 

Date of Initial Payment of Capital Contribution: March 19, 2013 

It is hereby certified that Hu Haiqing has subscribed RMB 4,000,000 yuan as company capital contribution, and therefore holds 80% of the equity of
Jiandatong Health Technology (Beijing) Co., Ltd. The said equity is pledged in whole to ShanghaiMed iKang, Inc. 
  

			
	Signature:	 	 /s/ Hu Haiqing

	Name:	 	Hu Haiqing
	Title:	 	Legal Representative
	
	Jiandatong Health Technology (Beijing) Co., Ltd.
	(Company seal)
	
	Date: December 30, 2013

  
 16EX-10.26

 Exhibit 10.26 

Exclusive Call Option Agreement 
 THIS
EXCLUSIVE OPTION AGREEMENT (“this Agreement”) is made and entered into by and among the following parties on December 30th, 2013 in Beijing, the People’s Republic of China (the “PRC”). 

 

			
	Party A:	  	ShanghaiMed iKang, Inc. (WFOE), a wholly-owned Chinese subsidiary of an overseas BVI company;
		
	Party B:	  	Hu Haiqing, whose ID number is 320102198102151619;
		
	Party C:	  	Jiandatong Health Technology (Beijing) Co., Ltd., a limited liability company duly organized and validly existing under the laws of the PRC, with its address at 708, Tower A, Pengrun Mansion, No. 26 Xiaoyun Road,
Chaoyang District, Beijing;

 In this Agreement, Party A, Party B and Party C are referred to as a “Party” individually and the
“Parties” collectively. 
 WHEREAS: 

Party B, Hu Haiqing holds 80% of the equity interest in Party C on behalf of Party A; 

Party A regularly provides Party C with relevant management consulting services; 

Now therefore, upon mutual negotiations and via reaching consensus, the Parties have reached the following agreement: 

 

	1.	SALES AND PURCHASE OF EQUITY  

  

	 	1.1	GRANT OF THE OPTION  

 Party B, jointly and severally as the shareholders of Party
C, hereby irrevocably grants Party A an exclusive option to purchase, or designate one or more persons (the “Designee(s)”) to purchase, in whole or in part, the equity interest in Party C then held by Party B once or for multiple
times at any time at Party A’s sole and absolute discretion subject to laws of the PRC and at the price described in Article 1.3 hereof (“Equity Purchase Option”). Except for Party A and the Designee(s), in no event shall any
other person be entitled to the Equity Purchase Option or other rights in relation to the equity interest then held by Party B. Party C hereby accepts and ratifies Party B’s grant of the Equity Purchase Option to Party A. The term
“person” as used herein refers to any individual, corporation, joint venture, partnership, enterprise, trust or non-corporate organization. 

  
 1 

	 	1.2	PROCEDURE FOR EXERCISE OF THE EQUITY PURCHASE OPTION 

 Subject to the provisions
of the laws and regulations of the PRC, Party A shall notify Party B in writing (the “Notice on Exercise”) upon exercise of the Equity Purchase Option on one or more occasions. Such notice covers the following items: (a) Party
A’s decision to exercise the Equity Purchase Option; (b) the share percentage of the equity interest which Party A proposes to purchase from Party B (the “Purchased Equity Interest”); and (c) the date as of such
purchase and/or transfer of such Purchased Equity Interest. 
  

	 	1.3	EQUITY PURCHASE PRICE 

 Unless required by the laws of the PRC to evaluate the
Purchased Equity Interest upon Party A’s exercise of the Equity Purchase Option, the price of such Purchased Equity Interest (the “Equity Purchase Price”) shall be the lowest price that the applicable laws of the PRC allow as
of the exercise, and Party B shall immediately donate to Party C the received payment of the consideration free of charge. 
  

	 	1.4	TRANSFER OF THE PURCHASED EQUITY INTEREST 

 Where Party A exercises the Equity
Purchase Option, 
  

	 	1.4.1	Party B shall cause Party C to timely convene a shareholders’ meeting, on which the resolution that Party B transfer the Purchased Equity Interest to Party A and/or the Designee(s) shall be approved;

  

	 	1.4.2	Party B and Party A and/or the Designee(s) (if applicable) shall execute a share transfer agreement for such transfer on each occasion in accordance with the provisions of this Agreement and the Notice on Exercise;

  

	 	1.4.3	The relevant Parties shall execute all other necessary contracts, agreements or documents, obtain all necessary approvals and permits from government authorities and take all necessary actions, to transfer to Party A
and/or the Designee(s), valid ownership of the Purchased Equity Interest without any security interest attached, and cause Party A and/or the Designee(s) to become the registered owner(s) of the Purchased Equity Interest. 

 

	 	1.4.4	For the purpose of this Section and this Agreement, “security interest” includes any security, mortgage, third party’s rights or interests, any stock options, acquisition right, right of first refusal,
right to offset, ownership retention or other security arrangements; for avoidance of any doubt, it shall be deemed to exclude any security interest created under this Agreement and Party B’s Equity Pledge Agreement. “Party B’s Equity
Pledge Agreement”, for the purpose of this section and this Agreement, shall refer to the Equity Pledge Agreement executed by and among Party A, Party B and Party C as of the date hereof (the “Equity Pledge Agreement”), whereby
Party B pledges all the equity in Party C to Party A, in order to guarantee Party C’s performance of its obligations under the Exclusive Business Cooperation Agreement executed by and between Party C and Party A. 

  
 2 

	2.	COVENANTS 

  

	 	2.1	COVENANTS REGARDING PARTY C 

 Party B (as shareholders of Party C) and Party C
hereby covenant as follows: 
  

	 	2.1.1	Without the prior written consent of Party A, they shall not in any manner supplement, change or amend the articles of association of Party C, or increase or decrease Party C’s registered capital, or otherwise
alter the structure of Party C’s registered capital; 

  

	 	2.1.2	Party B and Party C shall maintain the corporate existence of Party C, as well as prudently and effectively operate its business and handle related affairs in accordance with good financial and business standards and
practices ; 

  

	 	2.1.3	Without the prior written consent of Party A, they shall not at any time after the execution of this Agreement, sell, transfer, mortgage or otherwise dispose of any assets of Party C, or any legitimate and beneficial
interest in the business or revenues of Party C, or allow creating any security interest thereon; 

  

	 	2.1.4	Without the prior written consent of Party A, they shall not incur, assume, or guarantee or allow existence of any debt, except for (1) the debts arising out of normal or daily business other than loans; or
(2) the debts that have been disclosed to and/or approved by Party A in writing; 

  

	 	2.1.5	They shall always operate all of Party C’s businesses during the ordinary business course to maintain the asset value of Party C and refrain from any action/omission that may affect Party C’s operating status
and asset value; 

  

	 	2.1.6	Without the prior written consent of Party A, they shall not cause Party C to enter into any material contract other than the contracts executed in the normal business course (for purpose of this section, a contract
with a value exceeding RMB 100,000 shall be deemed as a material contract); 

  

	 	2.1.7	Without the prior written consent of Party A, Party C shall not provide any person with any loan or credit; 

  
 3 

	 	2.1.8	Upon the request of Party A, they shall provide Party A with information on Party C’s business operations and financial conditions; 

 

	 	2.1.9	If requested by Party A, Party C shall purchase and maintain insurance for its assets and business from an insurance company acceptable to Party A, at an amount and type of coverage typical for companies that operate
the similar businesses; 

  

	 	2.1.10	Without the prior written consent of Party A, Party C shall not merge with, consolidate with, acquire or invest in any person; 

  

	 	2.1.11	They shall immediately notify Party A of the occurrence or possible occurrence of any litigation, arbitration or administrative proceedings relating to Party C’s assets, business or revenue; 

 

	 	2.1.12	To maintain Party C’s ownership of all its assets, they shall execute all necessary or proper documents, take all necessary or proper actions, raise all necessary or proper actions and make all necessary or proper
defenses against all claims; 

  

	 	2.1.13	Without the prior written consent of Party A, Party C shall by no means distribute dividends to its shareholders; however, upon Party A’s written request, Party C shall distribute all its distributable profits to
its respective shareholders immediately; and 

  

	 	2.1.14	Upon the request of Party A, they shall appoint any persons designated by Party A as the directors of Party C. 

  

	 	2.2	COVENANTS OF PARTY B 

 Party B hereby covenants as follows: 

 

	 	2.2.1	Without the prior written consent of Party A, Party B shall not sell, transfer, pledge or otherwise dispose of any legal or beneficial rights with respect to its equity in Party C, or allow to create any other security
interests thereon, except for the pledge placed on such equity in accordance with Party B’s Equity Pledge agreement; 

  

	 	2.2.2	Party B shall cause the shareholders’ meeting or the board of directors of Party C, without the prior written consent of Party A, not to approve the sale, transfer, pledge or otherwise disposal of any legal or
beneficial rights with respect to its equity in Party C, or permit to create any other security interests thereon, except for the pledge placed on such equity in accordance with Party B’s Equity Pledge Agreement; 

 

	 	2.2.3	Without the prior written consent of Party A, Party B shall cause the shareholders’ meeting or the board of directors of Party C not to approve Party C’s merger or consolidation with any person, or the
acquisition of or investment of Party C in any person; 

  
 4 

	 	2.2.4	Party B shall promptly notify Party A of the occurrence or possible occurrence of any litigation, arbitration or administrative proceedings relating to the equity interest in Party C held by Party B; 

 

	 	2.2.5	Party B shall cause the shareholders’ meeting or the board of directors of Party C to approve the transfer of the Purchased Equity under this Agreement and to take any other actions as requested by Party A;

  

	 	2.2.6	In order to maintain its ownership to the equity interest in Party C, Party B shall execute all necessary or proper documents, take all necessary or proper actions, raise all necessary or proper claims, and make all
necessary or proper defenses against all claims; 

  

	 	2.2.7	At the request of Party A, Party B shall appoint any person designated by Party A as the director of Party C; 

  

	 	2.2.8	Upon the request of Party A at any time, Party B shall promptly and unconditionally transfer its equity interest in Party C to Party A’s designee(s) in accordance with the Equity Purchase Option under this
Agreement, and Party B hereby waives its preemptive right (if any) to purchase the equity interest when the other existing shareholder of Party C conducts the said transfer of its equity interest in Party C (if any); and 

 

	 	2.2.9	Party B shall strictly comply with all the provisions of this Agreement and other contracts jointly or individually executed by and among Party B, Party C and Party A, perform all the obligations hereunder and
thereunder in good faith, and refrain from any action/omission that may adversely affect the validity or enforceability thereof. If Party B has any remaining rights with respect to the equity interest subject to this Agreement or under the Equity
Pledge Agreement among the same parties hereto or under the Power of Attorney granted in favor of Party A, Party B shall not exercise such rights except in accordance with the written instructions of Party A. 

 

	3.	REPRESENTATIONS AND WARRANTIES 

 On the execution date of this Agreement and on each transfer
date, Party B and Party C hereby jointly and severally represent and warrant to Party A as follows: 
  

	 	3.1	They have the right and capacity to execute and deliver this Agreement as well as any share transfer agreement that is entered into on each occasion that the Purchased Equity Interest under this Agreement is transferred
and to which each of them is a party (“Transfer Agreement”), and to perform their obligations under this Agreement and any such Transfer Agreement. Party B and Party C agree to enter into a Transfer Agreement consistent with the
terms of this Agreement on each occasion of the exercise of the option. This Agreement and the Transfer Agreements to which they are parties constitute or will constitute their legal, valid and binding obligations and can be enforced in accordance
with the provisions therein; 

  
 5 

	 	3.2	The execution and delivery of or the performance of the obligations under this Agreement or any Transfer Agreements does not: (1) violate any applicable laws and regulations of the PRC; (2) contradict with the
articles of association or any other constitutional documents of Party C; (3) result in any violation or breach of any contracts or instruments to which they are a party or which are binding on them; (4) result in any violation of any
condition for the issuance and/or valid existence of any licenses or permits issued to either of them; or (5) result in the suspension or revocation of or imposition of additional conditions to any licenses or permits issued to either of them;

  

	 	3.3	Party B has sound and good, transferable ownership over its equity interest in Party C. Apart from Party B’s Equity Pledge Agreement, Party B has never established any other security interest on the aforesaid
equity interest; 

  

	 	3.4	Party C has sound and good, transferable ownership over all of its assets and has never established any security interest on the aforesaid assets; 

 

	 	3.5	Party C has no outstanding debt other than (1) those incurred in the normal business course; and (2) those disclosed to and approved by Party A in writing; 

 

	 	3.6	Party C will obey any and all laws and regulations of the PRC applicable to the acquisition of assets; and 

  

	 	3.7	There is no on-going, pending or threatened litigation, arbitration or administrative proceedings related to or endangering the equity interest in or the assets of Party C. 

 

	4.	EFFECTIVE DATE 

 This Agreement shall come into force upon the date of signature
by the Parties and remain effective for a term of 10 year, and may be renewed for an additional 10 years on the same term at Party A’s discretion. 
  

	5.	GOVERNING LAW AND DISPUTE SETTLEMENT 

  

	 	5.1	GOVERNING LAW 

 The execution, effectiveness, interpretation, performance,
amendment and termination of this Agreement and the resolution of disputes hereunder shall be governed by the laws of the PRC formally published and publicly available. Matters not covered by formally published and publicly available laws of the PRC
shall be governed by international legal principles and practices. 

  
 6 

	 	5.2	DISPUTE SETTLEMENT 

 Any dispute arising from the interpretation and performance
of this Agreement shall be first settled by the Parties through friendly negotiations. In the event the Parties fail to reach an agreement on the dispute within 30 days after the written request for friendly negotiations delivered by one Party to
the other Parties, any Party may submit the relevant dispute to China International Economic and Trade Arbitration Commission for arbitration, which shall be conducted in accordance with such Commission’s arbitration rules in effect at the time
of applying for arbitration. The arbitration shall take place in Beijing, and the language used in arbitration shall be Chinese. The arbitral award is final and binding upon all the Parties. 

 

	6.	TAXES AND EXPENSES 

 All the fees and taxes incurred under this Agreement shall be
assumed by Party C. 
  

	7.	NOTICES 

  

	 	7.1	All notices and other communications required by or given under this Agreement shall be delivered in person or sent by registered mail, postage prepaid mail, a commercial courier service or facsimile to the following
correspondence addresses. Each of the said notice shall also be resent by email. The dates on which notices shall be deemed to have been effectively served shall be determined as follows: 

 

	 	7.1.1	Notices given by personal delivery, by courier service or by registered mail, postage prepaid, shall be deemed effectively served on the date of delivery or refusal at the address specified for receiving notices.

  

	 	7.1.2	Notices given by facsimile transmission shall be deemed effectively served on the date of the successful transmission (as evidenced by an automatically generated confirmation of transmission). 

 

	 	7.3	Any Party may notify other Parties of its change of address for receipt of notice at any time in accordance with the provisions hereof. 

  
 7 

	8.	CONFIDENTIALITY 

 The Parties acknowledge and confirm that any oral or written
information exchanged among them with respect to this Agreement is confidential information. Each Party shall maintain the confidentiality of all such information, and without prior written consent of other Parties, it shall not disclose any
relevant information to any third parties, except in the following circumstances: (a) such information that is or will be in the public domain (provided that this is not the result of an unauthorized public disclosure by the receiving party);
(b) information disclosed as required by applicable laws or rules or regulations of any stock exchange; or (c) information required to be disclosed by any Party to its legal counsel or financial advisor with regard to the transaction
contemplated hereunder, provided that such legal counsel or financial advisor are also bound by confidentiality duties similar to the duties in this provision. Disclosure of any confidential information by the staff members or agency hired by any
Party shall be deemed as disclosure of such confidential information by such Party, and such Party shall be held liable for breach of this Agreement. This Section shall survive the termination of this Agreement for any reason. 

 

	9.	FURTHER WARRANTY 

 The Parties agree to promptly execute the documents that are
reasonably required for or are conducive to the implementation of the provisions and for the purposes of this Agreement, and to take further actions that are reasonably required for or are conducive to the implementation of the provisions and for
the purposes of this Agreement. 
  

	10.	MISCELLANEOUS 

  

	 	10.1	AMENDMENT, CHANGE AND SUPPLEMENT 

 Any amendment, change or supplement to this
Agreement shall be made in writing and signed by the Parties. 
  

	 	10.2	ENTIRE AGREEMENT 

 Except for the written amendments, supplements or changes made
after the execution of this Agreement, this Agreement shall constitute the entire agreement reached by and among the Parties hereto with respect to the subject matter hereof, and shall supersede all prior oral and written consultations,
representations and contracts reached with respect to the subject matter of this Agreement. 
  

	 	10.3	HEADINGS 

 The headings of this Agreement are for convenience only, and shall not
be used to interpret, explain or otherwise affect the meanings of the provisions of this Agreement. 
  

	 	10.4	LANGUAGE 

 This Agreement is executed in Chinese in three copies, and Party A,
Party B and Party C each holds one copy with equal legal force. 

  
 8 

	 	10.5	SEVERABILITY 

 In case that one or more provisions of this Agreement are found to
be invalid, illegal or unenforceable in any aspect in accordance with any laws or regulations, the validity, legality or enforceability of the remaining provisions of this Agreement shall not be affected or impaired thereby in any aspect. The
Parties shall endeavor by means of consultations in good faith to replace such invalid, illegal or unenforceable provisions with effective provisions to the maximum extent permitted by law while preserving the original intentions of the Parties, and
the economic effect generated by such effective provisions shall be as close as possible to the economic effect of those invalid, illegal or unenforceable provisions. 
  

	 	10.6	SUCCESSORS 

 This Agreement shall be binding upon and inure to the interests of
the respective successors and the permitted assignees of the Parties. 
  

	 	10.7	SURVIVAL 

  

	 	10.7.1	Any obligations that occur or become due as a result of this Agreement upon the expiration or early termination of this Agreement shall survive the expiration or early termination thereof. 

 

	 	10.7.2	The provisions of Article 5, Article 7, Article 8 and Article 10.8 in this Agreement shall survive the termination of this Agreement. 

 

	 	10.8	WAIVER 

 Any Party may waive its rights and interests under the terms and
conditions of this Agreement, provided that such a waiver is made in writing and signed by the Parties. No waiver by any Party in certain circumstances with respect to a breach by other Parties shall be deemed as a waiver by such a Party with
respect to any similar breach in other circumstances. 
 [The remainder of this page is intentionally left blank] 

  
 9 

 [Signature Page of the Exclusive Call Option Agreement] 

IN WITNESS WHEREOF, the Parties hereto have caused this Exclusive Call Option Agreement to be duly executed on their behalf by duly
authorized representatives as of the date first written above and with immediate effect upon the execution. 
  

			
	 Party A: ShanghaiMed iKang, Inc.
  

	 Signature:
	 	 /s/ Zhang Ligang

	 Name:
	 	Zhang Ligang
	 Title:
	 	Legal Representative

  
 10 

 [Signature Page of the Exclusive Call Option Agreement] 

IN WITNESS WHEREOF, the Parties hereto have caused this Exclusive Call Option Agreement to be duly executed on their behalf by duly
authorized representatives as of the date first written above and with immediate effect upon the execution. 
  

			
	Party B: Hu Haiqing
		
	Signature:	 	/s/ Hu Haiqing

  
 11 

 [Signature Page of the Exclusive Call Option Agreement] 

IN WITNESS WHEREOF, the Parties hereto have caused this Exclusive Call Option Agreement to be duly executed on their behalf by duly
authorized representatives as of the date first written above and with immediate effect upon the execution. 
  

			
	 Party C: Jiandatong Health Technology (Beijing) Co., Ltd.

 

	Signature:	 	 /s/ Hu Haiqing

	Name:	 	Hu Haiqing
	Title:	 	Legal Representative

  
 12

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00227-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00227-of-00352.parquet"}]]