Document:

CALL OPTION AGREEMENT

 

AMONG

 

BEIJING EZAGOO SHOPPING HOLDING
LIMITED

 

RUIYIN (SHENZHEN) FINANCIAL
LEASING LIMITED

 

CHANGSHA EZAGOO TECHNOLOGY LIMITED

 

AND

 

HUNAN EZAGOO ZHICHENG
INTERNET TECHNOLOGY LIMITED

 

 

 

 

 

 

 

 

 

 

JULY 20, 2018

    	 

    	 

    

CALL OPTION AGREEMENT

 

 

This CALL OPTION AGREEMENT (this "AGREEMENT")
is entered into in China as of July 20, 2018 by and among the following Parties:

 

		(1)	BEIJING EZAGOO SHOPPING HOLDING LIMITED (“BESH”)

 

ADDRESS: ROOM 308, FLOOR 3, BUILDING 3, NO.
46, DONGSIXI AVENUE, DONGCHENG DISTRICT, BEIJING CIT

 

UNIFIED SOCIAL CREDIT CODE: 91110116339693336B

 

		(2)	RUIYIN (SHENZHEN) FINANCIAL LEASING LIMITED (“RFLL”)

 

ADDRESS: ROOM 201, BUILDING A, NO. 1, QIANWANYI
ROAD, SHENGANG COOPERATIVE DISTRICT, QIANHAI, SHENZHEN CITY

 

UNIFIED SOCIAL CREDIT CODE: 91440300MA5DFU2A6H

 

(3) CHANGSHA EZAGOO TECHNOLOGY LIMITED (“CETL”)

 

REGISTERED ADDRESS: ROOM 201, BUILDING 5, NANFENG SHIGUANGYUAN,
NO.168 TONGZIPO WEST ROAD, YUELU DISTRICT, CHANGSHA, HUNAN 410205, CHINA

 

UNIFIED SOCIAL CREDIT CODE: 91430100MA4PQE488X

 

		(4)	HUNAN EZAGOO ZHICHENG INTERNET TECHNOLOGY LIMITED ("HEZL")

 

REGISTERED
ADDRESS: YIJIAREN BUSINESS HOTEL NO. 168, UNIFIED
SOCIAL CREDIT CODE:

 

TONGZIPO WEST ROAD, YUELE DISTRICT, CHANGSHA, HUNAN
410205, CHINA

 

UNIFIED SOCIAL CREDIT CODE: 91430100395212760W

 

(The above parties shall hereinafter be individually
referred to as a "PARTY" and collectively, "PARTIES".)

 

 

WHEREAS

 

(1) 
BESH and RFLL are the enrolled Shareholder of the HEZL, legally holding all of the equity of the HEZL as of the execution
date of this Agreement.

 

(2) 
As of the date of this Agreement, BESH and RFLL are the enrolled Shareholder of HEZL, legally holding all the equity in
HEZL, of which BESH holding 80% interest, RFLL holding 20%.

 

(3) 
The Shareholders intend to transfer to CETL, and CETL is willing to accept, all his respective equity interest in the HEZL,
to the extent not violating laws of China.

 

(4) 
In order to conduct the above equity transfer, the Shareholders agree to grant CETL an irrevocable call option for equity
transfer (hereinafter the "CALL OPTION"), under which and to the extent permitted by laws of China, the Shareholder shall
on demand of CETL transfer the Option Equity (as defined below) to CETL in accordance with the provisions contained herein.

 

(5) 
HEZL intends to transfer to CETL all of its assets and liabilities to the extent not violating
laws of China. In order to conduct the above asset transfer, HEZL agrees to grant CETL an irrevocable call option for assets (hereinafter
the

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"ASSET CALL OPTION"),
under which and to the extent as permitted by laws of China, HEZL shall on demand of CETL transfers the assets and liabilities
to CETL in accordance with the provisions contained herein.

 

THEREFORE, the Parties hereby have reached the following agreement
upon mutual consultations:

 

ARTICLE 1 - DEFINITION

 

“RMB” shall mean the Renminbi, the lawful currency of
China.

 

"LAWS OF CHINA" shall mean the
then valid laws, administrative regulations, administrative rules, local regulations, judicial interpretations and other binding
regulatory documents of China.

 

"OPTION EQUITY" shall mean, in
respect of each of the Shareholder, all of the equity interest held thereby in HEZL registered capital.

 

"HEZL REGISTERED CAPITAL" shall
mean the registered capital of HEZL as of the execution date of this Agreement, i.e., RMB50,000,000, which shall include any expanded
registered capital as the result of any capital increase within the term of this Agreement.

 

"TRANSFERRED EQUITY" shall mean
the equity of HEZL which CETL has the right to require the Shareholder to transfer to it or its designated entity or individual
when CETL exercises its Call Option (hereinafter the "EXERCISE OF OPTION") in accordance with Article 3.2 herein, the
amount of which may be all or part of the Option Equity and the details of which shall be determined by CETL at its sole discretion
in accordance with the then valid Laws of China and from its commercial consideration.

 

"TRANSFER PRICE" shall mean all
the consideration that CETL or its designated entity or individual is required to pay to the Shareholder in order to obtain the
Transferred Equity upon each Exercise of Option. In spite of any provision herein, in case of CETL exercising the call option in
its sole discretion upon the occurrence of the situation in which such call option exercise become feasible under the relevant
laws in China, any additional consideration paid other than the RMB 1.00 which may be required under the laws of China to effect
such purchase to comply with such legal formalities shall be either cancelled or returned to the company immediately with no additional
compensation to the owners. The Shareholder hereby acknowledges the purpose of such provisions and hereby agrees and authorizes
the company to take any and all actions to effect such transaction and agrees irrevocably to execute any and all documents and
instruments and authorize CETL and its designated entity or individual to sign on his or his behalf and hereby gives the CETL and
its designated entity or individual a proxy to execute and deliver such documents and instruments to effect the purpose of this
provision and hereby waives any defense or claim of causes of action to challenge or defeat this provision. If there exists any
regulatory provision with respect to Transfer Price under the then Laws of China, CETL or its designated entity or individual shall
be entitled to determine the lowest price permitted by Laws of China as the Transfer Price.

 

"BUSINESS PERMITS" shall mean
any approvals, permits, filings, registrations etc. which HEZL is required to have for legally and validly operating its advertisement
designing, producing, agency, publishing and all such other businesses, including but not limited to the Business License of the
Cooperate Legal Person, the Tax Registration Certificate, the Permit for Operating Biotechnology Businesses and such other relevant
licenses and permits as required by the then Laws of China.

 

"HEZL ASSETS" shall mean all
the tangible and intangible assets which such HEZL owns or has the right to use during the term of this Agreement, including but
not limited to any immoveable and moveable assets, and such intellectual property rights as trademarks, copyrights, patents, proprietary
know-how, domain names and software use rights.

 

"THE MANAGEMENT SERVICES AGREEMENT"
shall mean the Management Services Agreement entered into among each party dated July 20, 2018.

 

 

 

 

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"MATERIAL AGREEMENT" shall mean
an agreement to which any HEZL is a party and which has a material impact on the businesses or assets of the HEZL, including but
not limited to the Management Services Agreement among the HEZL and CETL, and other agreements regarding the HEZL's business.

 

1.2 The references to any Laws of China herein shall be deemed

 

(1)  to
include the references to the amendments, changes, supplements and reenactments of such law, irrespective of whether they take
effect before or after the formation of this Agreement; and

 

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

 

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

 

ARTICLE 2 - GRANT OF CALL OPTION

 

The Parties agree that
the Shareholder exclusively grant CETL hereby irrevocably and without any additional conditions with a Call Option, under which
CETL shall have the right to require the Shareholder to transfer the Option Equity to CETL or its designated entity or individual
in such method as set out herein and as permitted by Laws of China. CETL also agrees to accept such Call Option.

 

In case of CETL exercising
the call option in its sole discretion upon the occurrence of the situation in which such call option exercise become feasible
under the relevant laws in China, any additional consideration paid other than the RMB 1.00 which may be required under the laws
of China to effect such purchase to comply with such legal formalities shall be either cancelled or returned to the company immediately
with no additional compensation to the HEZL and Shareholder. HEZL and Shareholder hereby acknowledge the purpose of such provisions
and hereby agrees and authorizes the company to take any and all actions to effect such transaction and agrees irrevocably to execute
any and all documents and instruments and authorize the company's relevant officers to sign on his or his behalf and hereby gives
the company and any of its relevant officers a proxy to execute and deliver such documents and instruments to effect the purpose
of this provision and hereby waives any defense or claim of causes of action to challenge or defeat this provision.

 

ARTICLE 3 - METHOD OF EXERCISE OF OPTION

 

3.1 To the extent permitted by Laws of
China, CETL shall have the sole discretion to determine the specific time, method and times of its Exercise of Option.

 

3.2 At each Exercise of Option by CETL,
the Shareholder shall transfer his respective equity in the HEZL to CETL and/or other entity or individual designated by it respectively
in accordance with the amount required in the Exercise Notice stipulated in Article 3.4. CETL and other entity or individual designated
by it shall pay the Transfer Price to the Shareholder who has transferred the Transferred Equity for the Transferred Equity accepted
in each Exercise of Option. CETL shall have the right to elect to pay the purchase price by settlement of certain credits held
by it or its affiliates to the Shareholder.

 

3.3 In each Exercise of Option,
CETL may accept the Transferred Equity by itself or designate any third party to accept all or part of the Transferred Equity.

 

3.4 On deciding each Exercise of Option,
CETL shall issue to the Shareholder a notice for exercising the Call Option (hereinafter the "EXERCISE NOTICE", the form
of which is set out as Appendix I hereto). The Shareholder shall, upon receipt of the Exercise Notice, forthwith transfer all the
Transferred Equity in accordance with the Exercise Notice to CETL and/or other entity or individual designated by CETL in such
method as described in Article 3.2 herein.

 

3.5 The Shareholder hereby undertakes and
guarantees that once CETL issues the Exercise Notice in respect to the specific Transferred Equity of the HEZL held by it:

 

 

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(1) 
it shall immediately hold or request to hold a Shareholder' meeting of the HEZL and adopt a resolution through the Shareholder'
meeting, and take all other necessary actions to agree to the transfer of all the Call Option to CETL and/or other entity or individual
designated by it at the Transfer Price and waive the possible preemption;

 

(2)  
it shall immediately enter into an equity transfer agreement with CETL and/or other entity or individual designated by it
for transfer of all the Transferred Equity to CETL and/or other entity or individual designated by it at the Transfer Price; and

 

(3) it shall provide CETL with necessary
support (including providing and executing all the relevant legal documents, processing all the procedures for government approvals
and registrations and bearing all the relevant obligations) in accordance with the requirements of CETL and of the laws and regulations,
in order that CETL and/or other entity or individual designated by it may take all the Transferred Equity free from any legal defect.

 

3.6 At the meantime of this Agreement,
the Shareholder shall respectively enter into a power of attorney (hereinafter the "POWER OF ATTORNEY", the form of which
is set out as Appendix II hereto), authorizing in writing any person designated by CETL to, on behalf of such Shareholder, to enter
into any and all of the legal documents in accordance with this Agreement so as to ensure that CETL and/or other entity or individual
designated by it take all the Transferred Equity free from any legal defect. Such Power of Attorney shall be delivered for custody
by CETL and CETL may, at any time if necessary, require the Shareholder to enter into multiple copies of the Power of Attorney
respectively and deliver the same to the relevant government department.

 

ARTICLE 4 - ASSET CALL OPTION

 

HEZL and the
Shareholder hereby further undertake to grant CETL irrevocably an option to purchase assets within the term of this Agreement:
to the extent not violating the mandatory requirements under Laws of China, HEZL will transfer all of its assets and liabilities
to CETL and/or other entity or individual designated by it when required by CETL.

 

In case of the CETL exercising
the Asset Call Option in its sole discretion upon the occurrence of the situation in which such call option exercise become feasible
under the relevant laws in China, any additional consideration paid other than the RMB 1.00 which may be required under the laws
of China to effect such purchase to comply with such legal formalities shall be either cancelled or returned to the company immediately
with no additional compensation to the HEZL and Shareholder. HEZL and Shareholder hereby acknowledge the purpose of such provisions
and hereby agree and authorize the company to take any and all actions to effect such transaction and agrees irrevocably to execute
any and all documents and instruments and authorize the company's relevant officers to sign on his or his behalf and hereby gives
the company and any of its relevant officers a proxy to execute and deliver such documents and instruments to effect the purpose
of this provision and hereby waives any defense or claim of causes of action to challenge or defeat this provision.

 

ARTICLE 5 - REPRESENTATIONS AND WARRANTIES

 

5.1 Shareholder hereby represents and warrants in respect to itself
and the HEZL in which she holds equity as follows:

 

5.1.1 The
Shareholder is a Chinese citizen with full capacity, with full and independent legal status and legal capacity to execute,
deliver and perform this Agreement, and may act independently as a litigant party.

The Shareholder has full power
and authorization to execute and deliver this Agreement and all the other documents to be entered into by it in relation to the
transaction referred to herein, and it has the full power and authorization to complete the transaction referred to herein.

 

5.1.2 This Agreement is executed
and delivered by Shareholder legally and properly. This Agreement constitutes the legal and binding obligations on Shareholder
and is enforceable on it in accordance with its terms and conditions. The Shareholder are the enrolled legal owner of the Option
Equity as of the effective date of this Agreement, and except the rights created by this Agreement, the Shareholder' Voting Rights
Proxy Agreement entered into by Shareholder, CETL and HEZL dated July 20,2018 (the "PROXY AGREEMENT"), the Equity Pledge
Agreement entered into by Shareholder, CETL, the HEZL dated July 20,2018 (the "EQUITY PLEDGE AGREEMENT"), there is no
lien, pledge, claim and other encumbrances

 

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and third party rights on the
Option Equity. In accordance with this Agreement, CETL and/or other entity or individual designated by it may, after the Exercise
of Option, obtain the proper title to the Transferred Equity free from any lien, pledge, claim and other encumbrances and third
party rights.

 

5.1.3 HEZL shall obtain complete
Business Permits as necessary for its operations upon this Agreement taking effect, and HEZL shall have sufficient rights and qualifications
to operate within China the businesses of producing and selling of biotechnology products and other business relating to its current
business structure. HEZL has conducted its business legally since its establishment and has not incurred any cases which violate
or may violate the regulations and requirements set forth by the departments of commerce and industry, tax, culture, news, quality
technology supervision, labor and social security and other governmental departments or any disputes in respect of breach of contract.

 

 

5.2 HEZL hereby represents and warrants as follows:

 

5.2.1 HEZL is a limited liability
company operation duly registered and validly existing under Laws of China, with independent status as a legal person; HEZL has
full and independent legal status and legal capacity to execute, deliver and perform this Agreement, and may act independently
as a subject of actions.

 

5.2.2 HEZL has full power and
authorization to execute and deliver this Agreement and all the other documents to be entered into by it in relation to the transaction
referred to herein, and it has the full power and authorization to complete the transaction referred to herein.

 

5.2.3 This Agreement is executed
and delivered by HEZL legally and properly. This Agreement constitutes legal and binding obligations on it.

 

5.2.4 The Shareholder is the
enrolled legal shareholder of the Option Equity when this Agreement comes into effect, except the rights created by this Agreement,
the Proxy Agreement, the Equity Pledge Agreement, there is no lien, pledge, claim and other encumbrances and third party rights
on the Option Equity. In accordance with this Agreement, CETL and/or other entity or individual designated by it may, upon the
Exercise of Option, obtain the proper title to the Transferred Equity free from any lien, pledge, claim and other encumbrances
and third party rights.

 

5.2.5 HEZL shall obtain complete
Business Permits as necessary for its Operations upon this Agreement taking effect, and HEZL shall have sufficient rights and qualifications
to operate within China the businesses of health and care and other business relating to its current business structure. HEZL has
conducted its business legally since its establishment and has not incurred any cases which violate or may violate the regulations
and requirements set forth by the departments of commerce and industry, tax, culture, news, quality technology supervision, labor
and social security and other governmental departments or any disputes in respect of breach of contract.

 

5.3 CETL hereby represents and warrants as follows:

 

5.3.1 CETL is a company with
limited liability properly registered and legally existing under Laws of China, with an independent status as a legal person. CETL
has full and independent legal status and legal capacity to execute, deliver and perform this Agreement and may act independently
as a subject of actions.

 

5.3.2 CETL has full power and
authorization to execute and deliver this Agreement and all the other documents to be entered into by it in relation to the transaction
referred to herein, and it has the full power and authorization to complete the transaction referred to herein.

 

ARTICLE 6 - UNDERTAKINGS BY THE SHAREHOLDER

 

6.1 The Shareholder hereby undertakes
within the term of this Agreement that it must take all necessary measures to ensure that HEZL is able to obtain all the Business
Permits necessary for its business in a timely manner and all the Business Permits remain in effect at any time.

 

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6.2 The Shareholder hereby undertakes within the term
of this Agreement that without the prior written consent by CETL,

 

6.2.1 no Shareholder shall
transfer or otherwise dispose of any Option Equity or create any encumbrance or other third party rights on any Option Equity;

 

6.2.2 it shall not increase or decrease the HEZL
Registered Capital or cast affirmative vote regarding the aforesaid increase or decrease in registered capital;

 

6.2.3 it shall not dispose of or cause the management
of HEZL to dispose of any of the HEZL Assets (except as occurs during the arm’s length operations);

 

6.2.4 it shall not terminate
or cause the management of HEZL to terminate any Material Agreements entered into by HEZL, or enter into any other Material Agreements
in conflict with the existing Material Agreements;

 

6.2.5 it shall not cause HEZL
to conduct any transactions that may substantively affect the asset, liability, business operation, equity structure, equity of
a third party and other legal rights (except those occurring during the arm's length operations or daily operation, or having been
disclosed to and approved by CETL in writing);

 

6.2.6 it shall not appoint
or cancel or replace any executive directors or members of board of directors (if any), supervisors or any other management personnel
of HEZL to be appointed or dismissed by the Shareholder;

 

6.2.7 it shall not announce
the distribution of or in practice release any distributable profit, dividend or share profit or cast affirmative votes regarding
the aforesaid distribution or release;

 

6.2.8 it shall ensure that HEZL shall validly exist and
prevent it from being terminated, liquidated or dissolved;

 

6.2.9 it shall not amend the
Articles of Association of HEZL or cast affirmative votes regarding such amendment;

 

6.2.10 it shall ensure that
HEZL shall not lend or borrow any money, or provide guarantee or engage in security activities in any other forms, or bear any
substantial obligations other than on the arm's length basis; and

 

6.3 The Shareholder hereby undertakes
that it must make all its efforts during the term of this Agreement to develop the business of HEZL, and ensure that the operations
of HEZL are legal and in compliance with the regulations and that it shall not engage in any actions or omissions which might harm
the HEZL Assets or its credit standing or affect the validity of the Business Permits of HEZL.

 

6.4 Without limiting the generality
of Article 6.3 above, considering the fact that the Shareholder of HEZL sets aside all the equity interest held thereby in HEZL
as security to secure the performance by HEZL of the obligations under the Management Services Agreement, the performance of such
Shareholder of the obligations under the Proxy Agreement, the Shareholder undertakes to, within the term of this Agreement, make
full and due performance of any and all of the obligations on the part thereof under the Proxy Agreement, and to procure the full
and due performance of HEZL of any and all of its obligations under the Management Services Agreement and warrants that no adverse
impact on exercising the rights under this Agreement by CETL will be incurred due to the breach by the Shareholder of the Proxy
Agreement or the breach of the HEZL of the Management Services Agreement.

 

6.5 HEZL undertakes that, before
its Exercise of Option and acquire all equity of HEZL, HEZL shall not do the following:

 

6.5.1 Sell, transfer, mortgage or dispose by other
way any assets, business, revenue or other legal rights of HEZL, or permit creating any encumbrance or other third party's interest
on such assets, business, revenue

 

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or other legal rights (except
as occurs during the arm's length or operations or daily operation, or as is disclosed to CETL and approved by CETL in writing);

 

6.5.2 conduct any transactions
that may substantively affect the asset, liability, business operation, equity structure, equity of a third party and other legal
rights (except those occurring during the arm's length operations or daily operation, or having been disclosed to CETL and approved
by CETL in writing);

 

6.5.3 release any dividend or share profit to the Shareholder
or cause the HEZL to do so in any form.

 

 

 

 

  

 

 

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ARTICLE 7 - CONFIDENTIALITY

 

7.1 Notwithstanding the termination of
this Agreement, the Shareholder shall be obligated to keep in confidence the following information (hereinafter collectively the
"CONFIDENTIAL =INFORMATION"): (i) information on the execution, performance and the contents of this Agreement; (ii) the
commercial secret, proprietary information and customer information in relation to CETL known to or received by it as the result
of execution and performance of this Agreement; and (iii) the commercial secrets, proprietary information and customer information
in relation to HEZL known to or received by it as the shareholder of HEZL.

 

The Shareholder may use such Confidential
Information only for the purpose of performing its obligations under this Agreement. The Shareholder shall not disclose the above
Confidential Information to any third parties without the written consent from CETL, or they shall bear the default liability and
indemnify the losses.

 

7.2 Upon termination of this Agreement,
the Shareholder shall, upon demand by CETL, return, destroy or otherwise dispose of all the documents, materials or software containing
the Confidential Information and suspend using such Confidential Information.

 

7.3 Notwithstanding any other provisions
herein, the validity of this Article shall not be affected by the suspension or termination of this Agreement.

 

ARTICLE 8 - TERM OF AGREEMENT

 

This Agreement shall take effect as of
the date of formal execution by the Parties. This Agreement shall terminate when all the Option Equity of HEZL held by the Shareholder
is legally transferred under the name of CETL and/or other entity or individual designated by it in accordance with the provisions
of this Agreement.

 

ARTICLE 9 - NOTICE

 

9.1 Any notice, request, demand and other
correspondences made as required by or in accordance with this Agreement shall be made in writing and delivered to the relevant
Party.

 

9.2 The abovementioned notice or other
correspondences shall be deemed to have been delivered when it is transmitted if transmitted by facsimile or telex; it shall be
deemed to have been delivered when it is delivered if delivered in person; it shall be deemed to have been delivered five (5) days
after posting the same if posted by mail.

 

ARTICLE 10 - LIABILITY FOR BREACH OF CONTRACT

 

10.1 The Parties agree and confirm that,
if any party (hereinafter the "DEFAULTING PARTY") breaches substantially any of the provisions herein or omits substantially
to perform any of the obligations hereunder, or fails substantially to perform any of the obligations under this Agreement, such
a breach or omission shall constitute a default under this Agreement (hereinafter a "DEFAULT"), then non-defaulting Party
shall have the right to require the Defaulting Party to rectify such Default or take remedial measures within a reasonable period.
If the Defaulting Party fails to rectify such Default or take remedial measures within such reasonable period or within ten (10)
days of non-defaulting Party's notifying the Defaulting Party in writing and requiring it to rectify the Default, then non-defaulting
Party shall have the right at its own discretion to select any of the following remedial measures:

 

		(1)	to terminate this Agreement and require the Defaulting Party to indemnify it for all the damage; or

 

(2) 
mandatory performance of the obligations of the Defaulting Party hereunder and require the Defaulting Party to indemnify
it for all the damage.

 

10.2 Without limiting the generality of
Article 10.1, any breach of the Proxy Agreement, the Equity Pledge Agreement shall be deemed as having constituted the breach by
such Shareholder of this Agreement; and any breach by HEZL of any provision in the Management Services Agreement, if attributable
to the failure of the Shareholder to perform the obligations thereof under Article 6.4 hereof, shall be deemed as having constituted
the breach by such Shareholder of this Agreement.

 

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10.3 The Parties agree and confirm that
in no circumstances shall the Shareholder request the termination of this Agreement for any reason, except otherwise stipulated
by law or this Agreement.

 

10.4 Notwithstanding any other
provisions herein, the validity of this Article shall stand disregarding the suspension or termination of this Agreement.

 

ARTICLE 11 - MISCELLANEOUS

 

11.1 This Agreement shall be prepared
in English language.

 

11.2 The formation, validity, execution,
amendment, interpretation and termination of this Agreement shall be subject to Laws of China.

 

11.3 Any disputes
arising from and in connection with this Agreement shall be settled through consultations among the Parties involved, and if the
Parties involved fail to reach an agreement regarding such a dispute within thirty (30) days of its occurrence, such dispute shall
be submitted to Kuala Lumpur Regional Centre for Arbitration for arbitration in Kuala Lumpur accordance with the arbitration rules
of such commission, and the arbitration award shall be final and binding on all the Parties involved.

 

11.4 Any rights, powers and remedies empowered
to any Party by any provisions herein shall not preclude any other rights, powers and remedies enjoyed by such Party in accordance
with laws and other provisions under this Agreement, and the exercise of its rights, powers and remedies by a Party shall not preclude
its exercise of its other rights, powers and remedies by such Party.

 

11.5 Any failure or delay by a Party in
exercising any of its rights, powers and remedies hereunder or in accordance with laws (hereinafter the “PARTY’S RIGHTS”)
shall not lead to a waiver of such rights, and the waiver of any single or partial exercise of the Party's Rights shall not preclude
such Party from exercising such rights in any other way and exercising the remaining part of the Party's Rights.

 

11.6 The titles of the Articles contained
herein shall be for reference only, and in no circumstances shall such titles be used in or affect the interpretation of the provisions
hereof.

 

11.7 Each provision contained herein shall
be severable and independent from each of other provisions, and if at any time any one or more articles herein become invalid,
illegal or unenforceable, the validity, legality or enforceability of the remaining provisions herein shall not be affected as
a result thereof.

 

11.8 Upon execution, this Agreement shall
substitute any other legal documents previously executed by the Parties on the same subject.

 

11.9 Any amendments or supplements
to this Agreement shall be made in writing and shall take effect only when properly signed by the Parties to this Agreement.

 

11.10 Without prior written consent by
CETL, the Shareholder shall not transfer to any third party any of its right and/or obligation under this Agreement, CETL shall
have the right to transfer to any third party designated by it any of its right and/or obligation under this Agreement after notice
to the Shareholder.

 

11.11 This Agreement shall be binding on the legal successors of
the Parties.

 

 

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IN WITNESS HEREOF, the Parties have caused this Call Option Agreement
to be executed in China as of the date first herein above mentioned.

 

 

 

For and on behalf of

BEIJING EZAGOO SHOPPING HOLDING LIMITED (Company chop)

	Signature by: 	 /s/Tan Xiaohao
	Name: 	 Tan Xiaohao
	Position: 	Authorized Representative

 

 

For and on behalf of

RUIYIN (SHENZHEN) FINANCIAL LEASING LIMITED (Company chop)

 

	Signature by: 	 /s/ Wan Weihong
	Name: 	 Wan Weihong
	Position: 	Authorized Representative

 

 

For and on behalf of

CHANGSHA EZAGOO TECHNOLOGY LIMITED (Company chop)

 

 

	Signature by: 	 /s/Tan Xiaohao
	Name: 	 Tan Xiaohao
	Position:  	Authorized Representative

 

 

For and on behalf of

HUNAN EZAGOO ZHICHENG INTERNET TECHNOLOGY LIMITED (Company chop)

 

 

	Signed by:	/s/ Zhang Qianwan
	Name:	 Zhang Qianwan
	Position: 	Authorized Representative

    	 

    	 

    

APPENDIX I:

 

FORMAT OF THE OPTION EXERCISE NOTICE

 

To: BEIJING EZAGOO SHOPPING HOLDING LIMITED

 

As our company and you signed a Call Option
Agreement as of July 20, 2018 (hereinafter the "OPTION AGREEMENT"), and reached an agreement that you shall transfer
the equity you hold in HUNAN EZAGOO ZHICHENG INTERNET TECHNOLOGY LIMITED (hereinafter the "HEZL") to our company or any
third parties designated by our company on demand of our company to the extent as permitted by Laws of China and regulations, Therefore,
our company hereby gives this Notice to you as follows:

 

Our company hereby requires to exercise
the Call Option under the Option Agreement and CHANGSHA EZAGOO TECHNOLOGY LIMITED, designated by our company shall accept the equity
you hold accounting for 80% of in HUNAN EZAGOO ZHICHENG INTERNET TECHNOLOGY LIMITED Registered Capital (hereinafter the "PROPOSED
ACCEPTED EQUITY"). You are required to forthwith transfer all the Proposed Accepted Equity to CHANGSHA EZAGOO TECHNOLOGY LIMITED
upon receipt of this Notice in accordance with the agreed terms in the Option Agreement.

 

Best regards,

 

For and on behalf of

CHANGSHA EZAGOO TECHNOLOGY LIMITED (Company chop)

 

 

 

 

 

Authorized Representative:

 

Date:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

11

    	 

    	 

    

 

 

To: RUIYIN (SHENZHEN) FINANCIAL LEASING LIMITED

 

As our company and you signed a Call Option
Agreement as of July 20, 2018 (hereinafter the "OPTION AGREEMENT"), and reached an agreement that you shall transfer
the equity you hold in HUNAN EZAGOO ZHICHENG INTERNET TECHNOLOGY LIMITED (hereinafter the "HEZL") to our company or any
third parties designated by our company on demand of our company to the extent as permitted by Laws of China and regulations, Therefore,
our company hereby gives this Notice to you as follows:

 

Our company hereby requires to exercise
the Call Option under the Option Agreement and CHANGSHA EZAGOO TECHNOLOGY LIMITED, designated by our company shall accept the equity
you hold accounting for 20% of in HUNAN EZAGOO ZHICHENG INTERNET TECHNOLOGY LIMITED Registered Capital (hereinafter the "PROPOSED
ACCEPTED EQUITY"). You are required to forthwith transfer all the Proposed Accepted Equity to CHANGSHA EZAGOO TECHNOLOGY LIMITED
upon receipt of this Notice in accordance with the agreed terms in the Option Agreement.

 

Best regards,

 

For and on behalf of

CHANGSHA EZAGOO TECHNOLOGY LIMITED (Company chop)

 

 

 

 

 

Authorized Representative:

 

Date:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

12

    	 

    	 

    

APPENDIX II:

 

FORM OF THE POWER OF ATTORNEY

 

I, __________________________________ ,
hereby irrevocably entrust __________________ [with his/her identity card number of______________], as the authorized representative
of me, to sign the Equity Transfer Agreement and other relevant legal documents between me and _________________ regarding the
Equity Transfer of HUNAN EZAGOO ZHICHENG INTERNET TECHNOLOGY LIMITED .

 

Signature:

 

Date:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

13SHAREHOLDER' VOTING RIGHTS PROXY
AGREEMENT

 

AMONG

 

 

BEIJING EZAGOO SHOPPING HOLDING
LIMITED

 

RUIYIN (SHENZHEN) FINANCIAL
LEASING LIMITED

 

CHANGSHA EZAGOO TECHNOLOGY LIMITED

 

AND

 

HUNAN EZAGOO ZHICHENG
INTERNET TECHNOLOGY LIMITED

 

JULY 20, 2018

    	 

    	 

    

SHAREHOLDER' VOTING RIGHTS
PROXY AGREEMENT

 

This SHAREHOLDER' VOTING RIGHTS
PROXY AGREEMENT (this "AGREEMENT") is entered into in China as of JULY 20, 2018 by
and among the following Parties:

 

		(1)	BEIJING EZAGOO SHOPPING HOLDING LIMITED (“BESH”)

 

ADDRESS: ROOM 308, FLOOR 3, BUILDING 3, NO.
46, DONGSIXI AVENUE, DONGCHENG DISTRICT, BEIJING CIT

 

UNIFIED SOCIAL CREDIT CODE: 91110116339693336B

 

		(2)	RUIYIN (SHENZHEN) FINANCIAL LEASING LIMITED (“RFLL”)

 

ADDRESS: ROOM 201, BUILDING A, NO. 1, QIANWANYI
ROAD, SHENGANG COOPERATIVE DISTRICT, QIANHAI, SHENZHEN CITY

 

UNIFIED SOCIAL CREDIT CODE: 91440300MA5DFU2A6H

 

(3) CHANGSHA EZAGOO TECHNOLOGY LIMITED (“CETL”)

 

REGISTERED ADDRESS: ROOM 201, BUILDING 5, NANFENG SHIGUANGYUAN,
NO.168 TONGZIPO WEST ROAD, YUELU DISTRICT, CHANGSHA, HUNAN 410205, CHINA

 

UNIFIED SOCIAL CREDIT CODE: 91430100MA4PQE488X

 

		(4)	HUNAN EZAGOO ZHICHENG INTERNET TECHNOLOGY LIMITED ("HEZL")

 

REGISTERED
ADDRESS: YIJIAREN BUSINESS HOTEL NO. 168, UNIFIED
SOCIAL CREDIT CODE:

 

TONGZIPO WEST ROAD, YUELE DISTRICT, CHANGSHA, HUNAN
410205, CHINA

 

UNIFIED SOCIAL CREDIT CODE: 91430100395212760W

 

(The above
parties shall hereinafter be individually referred to as a "PARTY" and collectively, "PARTIES". BESH
and RFLL shall hereinafter be individually referred to as a "SHAREHOLDER".)

 

 

WHEREAS:

 

1.   
As of the date of this Agreement, BEIJING EZAGOO SHOPPING HOLDING LIMITED and RUIYIN (SHENZHEN) FINANCIAL LEASING
LIMITED are the enrolled Shareholder of HEZL,
legally holding all the equity in HEZL, of which, BEIJING
EZAGOO SHOPPING HOLDING LIMITED holding 80% interest, RUIYIN (SHENZHEN) FINANCIAL LEASING LIMITED holding
20%.

 

2. 
The Shareholder intends to severally entrust the individual designated by ZATL
with the exercises of his voting rights in HEZL while
ZATL is willing to designate such an individual.

 

The Parties hereby have reached the following agreement
upon friendly consultations:

 

ARTICLE 1 VOTING RIGHTS ENTRUSTMENT

 

1.1 The Shareholder hereby
irrevocably undertake to sign the Entrustment Letter after execution of the Agreement to entrust the personnel designated by ZATL
("TRUSTEES") then to exercise the following rights enjoyed by them as Shareholder of HEZL in accordance with the then
effective articles of association of HEZL (collectively, the "ENTRUSTED RIGHTS"):

 

 

 

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(1) 
Proposing to convene and attending Shareholder' meetings of HEZL as proxy of the Shareholder according to the articles of
association of ZATL;

 

(2) 
Exercising voting rights as proxy of the Shareholder, on issues discussed and resolved by the Shareholder' meeting of HEZL,
including but not limited to the appointment and election for the directors, general manager and other senior management personnel
of HEZL.

 

The above authorization
and entrustment is granted subject to the status of trustees as Chinese citizens and the approval by ZATL. Upon and only upon written
notice of dismissing and replacing Trustee(s) given by ZATL to the Shareholder, the Shareholder shall promptly entrust another
Chinese citizen then designated by ZATL to exercise the above Entrusted Rights, and once new entrustment is made, the original
entrustment shall be replaced; the Shareholder shall not cancel the authorization and entrustment of the Trustee(s) otherwise.

 

1.2 The Trustees shall
perform the entrusted obligation within the scope of entrustment in due care and prudence and in compliance with laws; the Shareholder
acknowledge and assume relevant liabilities for any legal consequences of the Trustees' exercise of the foregoing Entrusted Rights.

 

1.3 The Shareholder hereby
acknowledge that the Trustees are not required to seek advice from the Shareholder prior to their respective exercise of the foregoing
Entrusted Rights. However, the Trustees shall inform the Shareholder in a timely manner of any resolution or proposal on convening
interim Shareholder' meeting after such resolution or proposal is made.

 

ARTICLE 2 RIGHT TO INFORMATION

 

2.1 For the
purpose of exercising the Entrusted Rights under this Agreement, the Trustees are entitled to know the information with regard
to HEZL 's operation, business, clients, finance, staff,
etc., and shall have access to relevant materials of HEZL.
HEZL shall adequately cooperate with the Trustees in this
regard.

 

ARTICLE 3 EXERCISE OF ENTRUSTED
RIGHTS

 

3.1 The Shareholder
will provide adequate assistance to the exercise of the Entrusted Rights by the Trustees, including execution of the resolutions
of the Shareholder' meeting of HEZL or other pertinent
legal documents made by the Trustee when necessary (e.g., when it is necessary for examination and approval of or registration
or filing with governmental departments).

 

3.2 If at
any time during the term of this Agreement, the entrustment or exercise of the Entrusted Rights under this Agreement is unenforceable
for any reason except for default of any Shareholder or HEZL,
the Parties shall immediately seek a most similar substitute for the unenforceable provision and, if necessary, enter into supplementary
agreement to amend or adjust the provisions herein, in order to ensure the realization of the purpose of this Agreement.

 

ARTICLE 4 EXEMPTION AND COMPENSATION

 

4.1 The Parties
acknowledge that ZATL shall not be requested to be liable
for or compensate (monetary or otherwise) other Parties or any third party due to exercise of Entrusted Rights by the Trustees
designated by ZATL under this Agreement.

 

4.2 HEZL
and the Shareholder agree to compensate ZATL for
and hold it harmless against all losses incurred or likely to be incurred by it due to exercise of the Entrusted Rights by the
Trustees designated by ZATL, including without limitation
any loss resulting from any litigation, demand arbitration or claim initiated or raised by any third party against it or from administrative
investigation or penalty of governmental authorities.

 

However, the
Shareholder and HEZL will not compensate for losses incurred
due to willful misconduct or gross negligence of ZATL.

 

ARTICLE 5 REPRESENTATIONS
AND WARRANTIES

 

 

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5.1 The Shareholder hereby represents and warrants
that:

 

5.1.1 The Shareholder
is a Chinese citizen with full capacity and with full and independent legal status and legal capacity to execute, deliver and perform
this Agreement, and may act independently as a subject of actions.

 

5.1.2 The Shareholder
has full right and authorization to execute and deliver this Agreement and other documents that are related to the transaction
referred to herein and to be executed by them. They have full right and authorization with respect to consummate the transaction
referred to herein.

 

5.1.3 This Agreement
shall be executed and delivered by the Shareholder lawfully and properly. This Agreement constitutes the legal and binding obligations
on his and is enforceable on his in accordance with its terms and conditions hereof

 

5.1.4
The Shareholder is enrolled and legal Shareholder of HEZL as
of the effective date of this Agreement, and except the rights created by this Agreement, the Call Option Agreement entered into
by ZATL, HEZL and
his on JULY 20, 2018(the "CALL OPTION AGREEMENT"), as well as the Equity Pledge Agreement entered into by ZATL
and HEZL and his on JULY 20,
2018 (the "EQUITY PLEDGE AGREEMENT"), there exists no third party right on the Entrusted Rights. Pursuant to this Agreement,
the Trustees may fully and sufficiently exercise the Entrusted Rights in accordance with the then effective articles of association
of HEZL.

 

5.1.5
Considering the fact that according to Equity Pledge Agreement, considering the fact that Shareholder will set aside all the equity
interest held thereby in relevant HEZL as security to secure
the performance by his of his obligations under the Call Option Agreement entered into between his and ZATL
as of SEPTEMBER 12 ,2016, Shareholder undertakes to make full and due performance of the obligations
under Call Option Agreement during the valid term of this Agreement, and she will not be in conflict with any stipulation under
Call Option Agreement, which are likely to have impact on the exercise of the Entrusted Rights the Trustees under this Agreement.

 

5.1.6
Considering the facts that the HEZL entered into the Management
Services Agreement (the "SERVICE AGREEMENT") on JULY 20, 2018with ZATL,
the Call Option Agreement with ZATL and the Shareholder
on SEPTEMBER 12, 2016, and that the Shareholder of HEZL will
set aside all equity interest held thereby in HEZL as security
to secure the performance of the contractual obligations under the above two agreements by HEZL,
the Shareholder undertakes to, during the valid term of this Agreement, procure the full and due performance of HEZL
of any and all its obligations under the Service Agreement, the Call Option Agreement, and warrants
that no adverse impact on the exercise of the Entrusted Rights hereunder by the Trustees will be incurred due to the breach of
the Management Services Agreement, Call Option Agreement by HEZL.

 

5.2 ZATL
(excluding the person designated by it) hereby represents and warrants that:

 

5.2.1 it is a
company with limited liability properly registered and legally existing under the laws of Hong Kong, with an independent corporate
legal person status, and with full and independent legal status and legal capacity to execute, deliver and perform this Agreement
and may act independently as a subject of actions; and

 

5.2.2 it has
the full corporate power and authority to execute and deliver this Agreement and all the other documents to be entered into by
it in relation to the transaction contemplated hereunder, and has the full power and authority to consummate such transaction.

 

5.3 HEZL
hereby represents and warrants that:

 

5.3.1 it is a
company with limited liability properly registered and legally existing under laws of China, with an independent legal person status,
and with full and independent legal status and legal capacity to execute, deliver and perform this Agreement and may act independently
as a subject of actions; and

 

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5.3.2 it has
the full corporate power and authority to execute and deliver this Agreement and all the other documents to be entered into by
it in relation to the transaction contemplated hereunder, and has the full power and authority to consummate such transaction.

 

5.3.3
the Shareholder are enrolled Shareholder as of the effective date of this Agreement, legally holding the equity interest in it.
Except rights created by this Agreement, the Equity Pledge Agreement and the Call Option Agreement, there exists no third party
right on the Entrusted Rights. Pursuant to this Agreement, the Trustees may fully and sufficiently exercise the Entrusted Rights
in accordance with the then effective articles of association of HEZL.

 

5.3.4
Considering the fact that the Shareholder of HEZL will
set aside all the equity interest held thereby in HEZL as
security to secure the performance of the contractual obligations by HEZL under
the Management Services Agreement, the Call Option Agreement, HEZL undertakes
to, during the valid term of this Agreement, make full and due performance of any and all obligations under the Management Services
Agreement, the Call Option Agreement, and warrants that no adverse impact on the exercise of the Entrusted Rights hereunder by
the Trustees will be incurred due to the breach of the Management Services Agreement, the Call Option Agreement by HEZL.

 

ARTICLE 6 TERM OF AGREEMENT

 

6.1 This Agreement takes
effect from the date of due execution of all the Parties hereto, with the valid term of ten (10) years, unless terminated in advance
by written agreement of all the Parties or according to Article 8.1 of this Agreement. This Agreement shall automatically renew
for another one (1) year when the term (whether original or extended, if applicable) of this Agreement is due, unless ZATL gives
a thirty (30) days notice in writing to the other Parties of the cancellation of such renewal.

 

6.2 In case
that the Shareholder transfers all of the equity interest held by it in HEZL with
prior consent of ZATL, such Shareholder shall no longer
be a Party to this Agreement whilst the obligations and commitments of the other Parties under this Agreement shall not be adversely
affected thereby.

 

ARTICLE 7 NOTICE

 

7.1 Any notice, request,
demand and other correspondences made as required by or in accordance with this Agreement shall be made in writing and delivered
to the relevant Party.

 

7.2 The abovementioned
notice or other correspondences shall be deemed to have been delivered when (i) it is transmitted
if transmitted by facsimile or telex, or (ii) it is delivered if delivered in person, or (iii) when five (5) days have elapsed
after posting the same if posted by mail.

 

ARTICLE 8 DEFAULT LIABILITY

 

8.1 The Parties agree and
confirm that, if any of the Parties (the "DEFAULTING PARTY") breaches substantially any of the provisions herein or fails
substantially to perform any of the obligations hereunder, such a breach or failure shall constitute a default under this Agreement
(a "DEFAULT"). In such event any of the other Parties without default (a "NON-DEFAULTING PARTY") who incurs
losses arising from such a Default shall have the right to require the Defaulting Party to rectify such Default or take remedial
measures within a reasonable period. If the Defaulting Party fails to rectify such Default or take remedial measures within such
reasonable period or within ten (10) days of a Non-defaulting Party's notifying the Defaulting Party in writing and requiring it
to rectify the Default, then the relevant Non-defaulting Party shall be entitled to choose at its discretion to (1) terminate this
Agreement and require the Defaulting Party to indemnify all damages, or (2) require specific performance by the Defaulting Party
of this Agreement and indemnification against all damages.

 

8.2 Without limiting
the generality of Article 8.1 above, any breach by any Shareholder of the Call Option Agreement or Equity Pledge Agreement shall
be deemed as having constituted the breach by such Shareholder of this Agreement;

 

 

4

    	 

    	 

    

 

any breach
by HEZL of the Management Services Agreement or Call Option
Agreement shall be deemed as having constituted the breach by HEZL of
this Agreement.

 

8.3 The Parties
agree and confirm, the Shareholder or HEZL shall not request
the termination of this Agreement for whatsoever reason and under whatsoever circumstance, except otherwise stipulated by laws
or this Agreement.

 

8.4 Notwithstanding any
other provisions herein, the validity of this Article shall not be affected by the suspension or termination of this Agreement.

 

ARTICLE 9 MISCELLANEOUS

 

9.1 This Agreement shall be prepared in English
language.

 

9.2 The conclusion, validity,
execution, amendment, interpretation and termination of this Agreement shall be governed by laws of the China.

 

9.3 Any disputes arising
from and in connection with this Agreement shall be settled through consultations among the Parties involved, and if the Parties
involved fail to reach an agreement regarding such a dispute within thirty (30) days of its occurrence, such dispute shall be submitted
to be China International Economic and Trade Arbitration Commission for arbitration in China accordance with the arbitration rules
of such commission, and the arbitration award shall be final and binding on all the Parties involved.

 

9.4 Any rights,
powers and remedies empowered to any Party by any provisions herein shall not preclude any other rights, powers and remedies enjoyed
by such Party in accordance with be China International Economic and Trade Arbitration Commission and
other provisions under this Agreement, and a Party's exercise of any of its rights, powers and remedies shall not preclude its
exercise of other rights, powers and remedies of it.

 

9.5 Any failure or delay
by a Party in exercising any of its rights, powers and remedies hereunder or in accordance with laws (the "PARTY'S RIGHTS")
shall not lead to a waiver of such rights, and the waiver of any single or partial exercise of the Party's Rights shall not preclude
such Party from exercising such rights in any other way or exercising the remaining part of the Party's Rights.

 

9.6 The titles
of the Articles contained herein are for reference only, and in no circumstances shall such titles be used for or affect the interpretation
of the provisions

 

9.7 Each provision contained
herein shall be severable and independent from each of other provisions. If at any time any one or more articles herein become
invalid, illegal or unenforceable, the validity, legality or enforceability of the remaining provisions herein shall not be affected
thereby.

 

9.8 Upon execution, this
Agreement shall replace any other previous legal documents entered into by relevant Parties on the same subject matter.

 

9.9 Any amendments or supplements
to this Agreement shall be made in writing and shall take effect only when properly signed by the Parties to this Agreement.

 

9.10 In respect
of the Shareholder and HEZL, they shall not assign any
of their rights and/or transfer any of their obligations hereunder to any third parties without prior written consent from ZATL;
ZATL shall have the right to assign any of its rights and/or
transfer any of its obligations hereunder to any third parties designated by it after giving notice to the Shareholder.

 

9.11 This Agreement shall be binding on the legal
successors of the Parties.

 

[The remainder of this page
is left blank]

 

 

 

 

5

 

 

 

IN WITNESS HEREOF, the Parties have caused
this Shareholder' Voting Rights Proxy Agreement to be executed in China as of the date first herein above mentioned.

 

 

For and on behalf of

BEIJING EZAGOO SHOPPING HOLDING LIMITED (Company chop)

 

	Signature by: 	 /s/Tan Xiaohao
	Name: 	 Tan Xiaohao
	Position: 	Authorized Representative

 

 

For and on behalf of

RUIYIN (SHENZHEN) FINANCIAL LEASING LIMITED (Company chop)

 

 

	Signature by: 	 /s/ Wan Weihong
	Name: 	 Wan Weihong
	Position: 	Authorized Representative

 

 

For and on behalf of

CHANGSHA EZAGOO TECHNOLOGY LIMITED (Company chop)

 

 

 

 

 

	Signature by: 	 /s/Tan Xiaohao
	Name: 	 Tan Xiaohao
	Position:  	Authorized Representative

 

For and on behalf of

HUNAN EZAGOO ZHICHENG INTERNET TECHNOLOGY LIMITED (Company chop)

 

 

 

 

 

	Signed by:	/s/ Zhang Qianwan
	Name:	 Zhang Qianwan
	Position: 	Authorized Representative

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