Document:

Exhibit 10.5

 

 

Equity Option Agreement
This Equity Option Agreement (this "Agreement") is executed by and among the following Parties as of December 19,
2018 in Beijing, the People ’s Republic of China (“China” or the “PRC”): Party A:Beijing
Qianhaitong Technology Development Co., Ltd. Address: Room 1209, Floor 12, No.12 Yabao Road, Chaowai, Chaoyang District, Beijing,
China Party B j: SHI Baoning Address: Room 502, Unit 4, Block 6, Bihuali,
Huayuan Road, Nankai District, Tianjin, China Party B k: LIU Zhenwei
Address: No. 601, Unit 1, Block 10, YanyuanLi, Dinan Road, Nankai District, Tianjin, China 1 Equity Option Agreement

 

    	 

     

    

 

 

Party
B l: Liu Zhiguang Address: Room 202, Unit 2, Block 34, Longjiyuan, Jingjin
Highway, Xiazhuzhuang Street, Wuqing District, Tianjin, China Party C: Beijing Ouruixi Medical Technology Co., Ltd. Address:
Room 120808, Unit 2, Floor 7, Building 3, No.1 East Futong Street, Chaoyang District, Beijing, China In this Agreement, Party
B j to Party B l shall be
collectively referred to as “Party B”; each of Party A, Party B and Party C shall be referred to as a "Party"
respectively, and they shall be collectively referred to as the "Parties". Whereas, Party B j
holds 96% of the equity interest in Party C; Party B k holds 2% of the
equity interest in Party C; Party B l holds 2% of the equity interest in Party
C. Party A and Party C have executed an Technical Consultation and Service Agreement and other control agreements (the “Control
Agreements”). Now therefore, upon mutual discussion and negotiation, the Parties have reached the following agreement: SALE
AND PURCHASE OF EQUITY INTEREST 2 Equity Option Agreement

 

    	 

     

    

 

 

1.1 Option Granted
In consideration of the payment of RMB 1 by Party A, the receipt and adequacy of which is hereby acknowledged by Party B, Party
B hereby irrevocably agrees that, on the condition that it is permitted by the PRC laws, Party A has the right to require Party
B to fulfill and complete all approval and registration procedures required under PRC laws for Party A to purchase, or designate
one or more persons (each, a "Designee") to purchase, Party B’s equity interests in Party C, once or at multiple
times at any time in part or in whole at Party A's sole and absolute discretion and at the price described in Section 1.3 herein
(such right being the "Equity Interest Purchase Option"). Party A’s Equity Interest Purchase Option shall be exclusive.
Except for Party A and the Designee(s), no other person shall be entitled to the Equity Interest Purchase Option or other rights
with respect to the equity interests of Party B. Party C hereby agrees to the grant by Party B of the Equity Interest Purchase
Option to Party A. The term "person" as used herein shall refer to individuals, corporations, partnerships, partners,
enterprises, trusts or non-corporate organizations. 1.2 Steps for Exercise of Equity Interest Purchase Option Subject to the provisions
of the laws and regulations of China, Party A may exercise the Equity Interest Purchase Option by issuing a written notice to
Party B (the "Equity Interest Purchase Option Notice"), specifying: (a) Party A's decision to exercise the Equity Interest
Purchase Option; (b) the portion of equity interests to be purchased from Party B (the "Optioned Interests"); and (c)
the date for purchasing the Optioned Interests and/or the date for transfer of the Optioned Interests. 3 Equity Option Agreement

 

    	 

     

    

 

 

1.3
Equity Interest Purchase Price The purchase price of the Optioned Interests (the "Base Price") shall be the lowest price
allowed by the laws of China. If appraisal is required by the laws of China at the time when Party A exercises the Equity Interest
Purchase Option, the Parties shall negotiate in good faith and based on the appraisal result make necessary adjustment to the
Equity Interest Purchase Price so that it complies with any and all then applicable laws of China (collectively, the "Equity
Interest Purchase Price"). When the Base Price is higher than One RMB, Party B shall exempt Party A from the obligation of
payment and agree that Party A shall not fulfill the payment. 1.4 Transfer of Optioned Interests For each exercise of the Equity
Interest Purchase Option: (1) Party B shall cause Party C to promptly convene a shareholders’ meeting, at which a resolution
shall be adopted approving Party B's transfer of the Optioned Interests to Party A and/or the Designee(s); Party B shall obtain
written statements from the other shareholders of Party C giving consent to the transfer of the equity interest to Party A and/or
the Designee(s) and waiving any right of first refusal related thereto. Party B shall execute a share transfer contract with respect
to each transfer with Party A and/or each Designee (whichever is applicable), in accordance with the provisions of this Agreement
and the Equity Interest Purchase Option Notice regarding the Optioned Interests; 4 Equity Option Agreement

 

    	 

     

    

 

 

(4)The
relevant Parties shall execute all other necessary contracts, agreements or documents, obtain all necessary government licenses
and permits and take all necessary actions to transfer valid ownership of the Optioned Interests to Party A and/or the Designee(s),
unencumbered by any security interests, and cause Party A and/or the Designee(s) to become the registered owner(s) of the Optioned
Interests. For the purpose of this Section and this Agreement, "security interests" shall include securities, mortgages,
third party's rights or interests, any stock options, acquisition right, right of first refusal, right to offset, ownership retention
or other security arrangements, but shall be deemed to exclude any security interest created by this Agreement and Party B's Equity
Pledge Agreement. "Party B's Equity Pledge Agreement" as used in this Section and this Agreement shall refer to the
Equity Pledge Agreement ("Party B's Equity Pledge Agreement") executed by and among Party A, Party B and Party C as
of the date hereof, whereby Party B pledges all of its equity interests in Party C to Party A, in order to guarantee Party C's
performance of its obligations under the Control Agreements executed by and between Party C and Party A. COVENANTS 2.1
Covenants regarding Party C Party B (as the shareholders of Party C) and Party C hereby covenant as follows: 5 Equity Option Agreement 

 

    	 

     

    

 

 

(1) Without the prior written consent of Party A, they shall
not in any manner supplement, change or amend the articles of association and bylaws of Party C, increase or decrease its registered
capital, or change its structure of registered capital in other manners; (2) They shall maintain Party C's corporate existence
in accordance with good financial and business standards and practices by prudently and effectively operating its business and
handling its affairs; (3) Without the prior written consent of Party A, they shall not at any time following the date hereof,
sell, transfer, mortgage or dispose of in any manner any assets of Party C or legal or beneficial interest in the business or
revenues of Party C, or allow the encumbrance thereon of any security interest; (4) Without the prior written consent of Party
A, they shall not incur, inherit, guarantee or suffer the existence of any debt, except for (i) debts incurred in the ordinary
course of business other than through loans; and (ii) debts disclosed to Party A for which Party A's written consent has been
obtained; (5) They shall always operate all of Party C's businesses during the ordinary course of business 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; 6 Equity Option
Agreement

 

    	 

     

    

 

 

(6)
Without the prior written consent of Party A, they shall not cause Party C to execute any major contract, except the contracts
in the ordinary course of business (for purpose of this subsection, a contract with a price exceeding RMB 100,000 shall be deemed
a major contract); (7)
Without the prior written consent of Party A, they shall not cause Party C to provide any person with any loan or credit;
(8) They
shall provide Party A with information on Party C's business operations and financial condition at Party A's request; (9)
If requested by Party A, they shall procure and maintain insurance in respect of Party C's assets and business from an
insurance carrier acceptable to Party A, at an amount and type of coverage typical for companies that operate similar businesses;
(10)
Without the prior written consent of Party A, they shall not cause or permit Party C to merge, consolidate with, acquire
or invest in any person; (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; (12)
To maintain the ownership by Party C of all of its assets, they 7 Equity Option Agreement

 

    	 

     

    

 

 

shall
execute all necessary or appropriate documents, take all necessary or appropriate actions and file all necessary or appropriate
complaints or raise necessary and appropriate defenses against all claims; (13)
Without the prior written consent of Party A, they shall ensure that Party C shall not in any manner distribute dividends
to its shareholders, provided that upon Party A's written request, Party C shall immediately distribute all distributable profits
to its shareholders; and (14)
At the request of Party A, they shall appoint any persons designated by Party A as directors of Party C; without the prior
written consent of Party A, they shall not replace the directors of Party C. 2.2 Covenants of Party B Party B hereby covenants
as follows: (1)
Without the prior written consent of Party A, Party B shall not sell, transfer, mortgage or dispose of in any other manner
any legal or beneficial interest in the equity interests in Party C held by Party B, or allow the encumbrance thereon of any security
interest, except for the pledge placed on these equity interests in accordance with Party B's Equity Pledge Agreement; (2)
Party B shall cause the shareholders' meeting and/or the board of 8 Equity Option Agreement

 

    	 

     

    

 

 

directors
of Party C not to approve the sale, transfer, mortgage or disposition in any other manner of any legal or beneficial interest
in the equity interests in Party C held by Party B, or allow the encumbrance thereon of any security interest, without the prior
written consent of Party A, except for the pledge placed on these equity interests in accordance with Party B's Equity Pledge
Agreement; (3)
Party B shall cause the shareholders' meeting or the board of directors of Party C not to approve the merger or consolidation
with any person, or the acquisition of or investment in any person, without the prior written consent of Party A; (4)
Party B shall immediately notify Party A of the occurrence or possible occurrence of any litigation, arbitration or administrative
proceedings relating to the equity interests in Party C held by Party B; (5)
Party B shall cause the shareholders' meeting or the board of directors of Party C to vote their approval of the transfer
of the Optioned Interests as set forth in this Agreement and to take any and all other actions that may be requested by Party
A; (6)
To the extent necessary to maintain Party B's ownership in Party C, Party B shall execute all necessary or appropriate
documents, take all necessary or appropriate actions and file all necessary or appropriate complaints or raise necessary and appropriate
defenses against all claims; (7)
Party B shall appoint any designee of Party A as director and/or executive director of Party C, at the request of Party
A; without the prior written consent of Party A, they shall not replace the directors of Party C; 9 Equity Option Agreement

 

    	 

     

    

 

 

(8)
Party B shall issue such power of attorney as Party A may request from time to time, to authorize Party A and/or the individual
designated by Party A to exercise Party B’s voting rights as a shareholder in Party C. (9)
At the request of Party A at any time, Party B shall promptly and unconditionally transfer its equity interests in Party
C to Party A's Designee(s) in accordance with the Equity Interest Purchase Option under this Agreement, and Party B hereby waives
its right of first refusal to the respective share transfer by the other existing shareholder of Party C (if any); and (10)
Party B shall strictly abide by the provisions of this Agreement and other contracts jointly or separately executed by
and among Party B, Party C and Party A, perform the obligations hereunder and thereunder, and refrain from any action/omission
that may affect the effectiveness and enforceability thereof. If Party B retains any additional rights other than those rights
provided for under this Agreement, Party B's Equity Pledge Agreement and the powers of attorney issued to Party A and/or the individual
designated by Party A, Party B shall not exercise such rights without Party A’s written direction. REPRESENTATIONS AND
WARRANTIES  Party B and Party C hereby represent and warrant to Party A, jointly and severally, as of the date of this Agreement
that: 10 Equity Option Agreement

 

    	 

     

    

 

 

3.1 They have the
authority to execute and deliver this Agreement and any share transfer contracts to which they are parties concerning the Optioned
Interests to be transferred thereunder (each, a "Transfer Contract"), and to perform their obligations under this Agreement
and any Transfer Contracts. Party B and Party C agree to enter into Transfer Contracts consistent with the terms of this Agreement
upon Party A’s exercise of the Equity Interest Purchase Option. This Agreement and the Transfer Contracts to which they
are parties constitute or will constitute their legal, valid and binding obligations and shall be enforceable against them in
accordance with the provisions thereof; 3.2 The execution and delivery of this Agreement or any Transfer Contracts and the obligations
under this Agreement or any Transfer Contracts shall not: (i) cause any violation of any applicable laws of China; (ii) be inconsistent
with the articles of association, bylaws or other organizational documents of Party C; (iii) cause the violation of any contracts
or instruments to which they are a party or which are binding on them, or constitute any breach under any contracts or instruments
to which they are a party or which are binding on them; (iv) cause any violation of any condition for the grant and/or continued
effectiveness of any licenses or permits issued to either of them; or (v) cause 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 a good and merchantable title to
the equity interests in Party C he holds. Except for Party B's Equity Pledge Agreement, Party B has not placed any security interest
on such equity interests; 3.4 11 Equity Option Agreement

 

    	 

     

    

 

 

Party C has a good and merchantable title to all of its assets,
and has not placed any security interest on the aforementioned assets;
3.5 Party C does not have any outstanding debts, except for (i) debt incurred in the ordinary course of business; and (ii) debts
disclosed to Party A for which Party A's written consent has been obtained. 3.6 Party C has complied with all laws and regulations
of China applicable to equity or asset acquisitions; and 3.7 There are no pending or threatened litigation, arbitration or administrative
proceedings relating to the equity interests in Party C, assets of Party C or Party C. EFFECTIVE DATE This Agreement shall
become effective when the Parties have duly executed this Agreement and Party A and Party C stamp the paging seal. This Agreement
shall remain effective until all the equity interest owned by Party B in Party C has been legally transferred to Party A or the
Designee(s) in accordance with this Agreement. GOVERNING LAW AND RESOLUTION OF DISPUTES 5.1 The execution, effectiveness,
construction, performance, amendment and termination of this Agreement and the resolution of disputes hereunder shall be governed
by the formally published and publicly available laws of China. Matters not covered by formally published and publicly available
laws of China shall be governed by international legal principles and practices. 12 Equity Option Agreement 

 

    	 

     

    

 

 

5.2 In the event
of any dispute with respect to the construction and performance of this Agreement, the Parties shall first resolve the dispute
through friendly negotiations. In the event the Parties fail to reach an agreement on the dispute within thirty (30) days after
either Party's request to the other Parties for resolution of the dispute through negotiations, either Party may submit the relevant
dispute to the China International Economic and Trade Arbitration Commission Beijing Commission for arbitration, in accordance
with its Arbitration Rules. The arbitration shall be conducted in Beijing, and the language used in arbitration shall be Chinese.
The arbitration award shall be final and binding on all Parties. TAXES AND FEES Each Party shall pay any and all transfer
and registration tax, expenses and fees incurred thereby or levied thereon in accordance with the laws of China in connection
with the preparation and execution of this Agreement and the Transfer Contracts, as well as the consummation of the transactions
contemplated under this Agreement and the Transfer Contracts. NOTICES 7.1 All notices and other communications required
or permitted to be given pursuant to this Agreement shall be delivered personally or sent by registered mail, postage prepaid,
by a commercial courier service to the address of such Party set forth below. A confirmation copy of each notice shall also be
sent by email. The dates on which notices shall be deemed to have been effectively given shall be determined as follows: 13 Equity
Option Agreement

 

    	 

     

    

 

 

Notices
given by personal delivery, by courier service or by registered mail, postage prepaid, shall be deemed effectively given on the
date of acceptance or refusal at the address specified for notices. 7.2 For the purpose of notices, the addresses of the Parties
are as follows: Party A: Beijing Qianhaitong Technology Development Co., Ltd. Address: Room 1209, Floor 12, No.12 Yabao
Road, Chaowai, Chaoyang District, Beijing, China Attn: Shi Baoning Phone 010-6478-8692 Party B j:
Shi Baoning Address: Room 502, Unit 4, Block 6, Bihuali, Huayuan Road, Nankai District, Tianjin, China Attn Shi Baoning Phone
18911572087 Party B k: Liu Zhenwei Address: No. 601, Unit 1, Block 10,
YanyuanLi, Dinan Road, Nankai District, Tianjin, China 14 Equity Option Agreement

 

    	 

     

    

 

 

Attn:Liu
Zhenwei Phone:13821979911 Party B l:Liu Zhiguang Address: Room 202,
Unit 2, Block 34, Longjiyuan, Jingjin Highway, Xiazhuzhuang Street, Wuqing District, Tianjin, China Attn:Liu Zhiguang Phone:13801153626
Party C:Beijing Ouruixi Medical Technology Co., Ltd. Address:Room 120808, Unit 2, Floor 7, Building 3, No.1 East Futong
Street, Chaoyang District, Beijing, China Attn: Shi Baoning Phone:
010-6478-8692 7.3 If any Party change its address for notices or its contact person, a notice shall be delivered to the other
Party in accordance with the terms hereof. CONFIDENTIALITY 15 Equity Option Agreement

 

    	 

     

    

 

 

The
Parties acknowledge that the existence and the terms of this Agreement and any oral or written information exchanged between the
Parties in connection with the preparation and performance this Agreement are regarded as confidential information. Each Party
shall maintain confidentiality of all such confidential information, and without obtaining the written consent of the other Party,
it shall not disclose any relevant confidential information to any third parties, except for the information that: (a) is or will
be in the public domain (other than through the receiving Party’s unauthorized disclosure); (b) is under the obligation
to be disclosed pursuant to the applicable laws or regulations, rules of any stock exchange, or orders of the court or other government
authorities; or (c) is required to be disclosed by any Party to its shareholders, investors, legal counsels or financial advisors
regarding the transaction contemplated hereunder, provided that such shareholders, investors, legal counsels or financial advisors
shall be bound by the confidentiality obligations similar to those set forth in this Section. Disclosure of any confidential information
by the staff members or agencies hired by any Party shall be deemed disclosure of such confidential information by such Party,
which Party shall be held liable for breach of this Agreement. This Section shall survive the termination of this Agreement for
any reason. FURTHER WARRANTIES The Parties agree to promptly execute documents that are reasonably required for or are
conducive to the implementation of the provisions and purposes of this Agreement and take further actions that are reasonably
required for or are conducive to the implementation of the provisions and purposes of this Agreement. MISCELLANEOUS 16
Equity Option Agreement

 

    	 

     

    

 

 

10.1
Amendment, change and supplement Any amendment, change and supplement to this Agreement shall require the execution of a written
agreement by all of the Parties. 10.2 Entire agreement Except for the amendments, supplements or changes in writing executed 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 supercede 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 written in both Chinese and English language in five (5) copies, each party having one (1) copy with equal legal
validity; in case there is any conflict between the Chinese version and the English version, the Chinese version shall prevail.
10.5 Severability 17 Equity Option Agreement

 

    	 

     

    

 

 

In
the event that one or several of the 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 compromised in any respect. The Parties shall strive in good faith to replace such invalid, illegal or
unenforceable provisions with effective provisions that accomplish to the greatest extent permitted by law and the intentions
of the Parties, and the economic effect of 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 on and shall inure to the interest
of the respective successors of the Parties and the permitted assigns of such Parties. 10.7 Waivers Any Party may waive the terms
and conditions of this Agreement, provided that such a waiver must be provided in writing and shall require the signatures of
the Parties. No waiver by any Party in certain circumstances with respect to a breach by other Parties shall operate as a waiver
by such a Party with respect to any similar breach in other circumstances. 10.8 Survival (1)
18 Equity Option Agreement

 

    	 

     

    

 

 

Any obligations
that occur or that are due as a result of this Agreement upon the expiration or early termination of this Agreement shall survive
the expiration or early termination thereof. (2)
The provisions of Sections 5, 7, 8 and this Section 10.8 shall survive the termination of this Agreement. 10.9 LIABILITY
FOR BREACH OF AGREEMENT(1)
The Parties agree and confirm that, if any Party (the “Defaulting Party”) is in material breach of any
provisions herein or fails to perform any obligations hereunder in any material respect, such breach or failure shall constitute
a default under this Agreement (the “Default”), which shall entitle non-defaulting Party to request Defaulting
Party to rectify or remedy such Default with a reasonable period of time. If the Defaulting Party fails to rectify or remedy such
Default within the reasonable period of time or within 10 days of non-defaulting Party’s written notice requesting for such
rectification or remedy, the non-defaulting Party shall be entitled to elect any one of the following remedial actions: (a) to
terminate this Agreement and request the Defaulting Party to fully compensate its losses and damages; (b) to request the specific
performance by the Defaulting Party of its obligations hereunder and request the Defaulting Party to fully compensate non-defaulting
Party’s losses and damages; or (c) to enforce the pledge under the Party B’s Equity Pledge Agreement by selling, auctioning
or exchanging the pledged equity thereunder and receive payment in priority from the proceeds derived therefrom, 19 Equity Option
Agreement

 

    	 

     

    

 

 

and in the meantime, request the Defaulting Party to fully compensate
non-defaulting Party for any losses as a result thereof. (2) The rights
and remedies provided for in this Agreement shall be accumulative and shall not affect any other rights and remedies stipulated
at law. [The Remainder of this page is intentionally left blank] 20 Equity Option Agreement 

 

    	 

     

    

 

 

[Signature
Page] IN WITNESS WHEREOF, the Parties have caused their authorized representatives to execute this Equity Option Agreement as
of the date first above written. Party A: Beijing Qianhaitong Technology Development Co., Ltd. (Seal) Name: Shi Baoning
Title: Legal Representative By: _____ Equity Option Agreement

 

    	 

     

    

 

 

[Signature Page] IN
WITNESS WHEREOF, the Parties have caused their authorized representatives to execute this Equity Option Agreement as of the date
first above written. Party B j:
SHI Baoing By:____ Equity Option Agreement

 

    	 

     

    

 

 

[Signature Page]
IN WITNESS WHEREOF, the Parties have caused their authorized representatives to execute this Equity Option Agreement as of the
date first above written. Party B k: LIU Zhenwei By:___ Equity Option Agreement

 

    	 

     

    

 

 

[Signature Page]
IN WITNESS WHEREOF, the Parties have caused their authorized representatives to execute this Equity Option Agreement as of the
date first above written. Party B 3:LIU Zhiguang
By:___ Equity Option Agreement

 

    	 

     

    

 

 

[Signature Page]
IN WITNESS WHEREOF, the Parties have caused their authorized representatives to execute this Equity Option Agreement as of the
date first above written. Party C: Beijing Ouruixi Medical Technology Co., Ltd. (Seal) Name: SHI Baoning Title: Legal Representative
By:____ Equity Option AgreementExhibit 10.6

 

Equity
Pledge Agreement This Equity Pledge Agreement (this "Agreement") has been executed by and among the following parties
on December 19,2018 in Beijing, the People’s Republic of China (“China” or the “PRC”): Party
A: Beijing Qianhaitong Technology Development Co., Ltd. (hereinafter "Pledgee") Address: Room 1209, Floor 12, No.12
Yabao Road, Chaowai, Chaoyang District, Beijing, China Party B: Liu Zhiguang (hereinafter "Pledgor") Address: Room 202,
Unit 2, Block 34, Longjiyuan, Jingjin Highway, Xiazhuzhuang Street, Wuqing District, Tianjin, China Party C: Beijing Ouruixi Medical
Technology Co., Ltd. Address: Room 120808, Unit 2, Floor 7, Building 3, No.1 East Futong Street, Chaoyang District, Beijing, China

     

     

    

 

In
this Agreement, each of Pledgee, Pledgor and Party C shall be referred to as a "Party" respectively, and they shall
be collectively referred to as the "Parties". Whereas: 1.Pledgor
is a citizen of China, and holds 2% of the equity interest in Party C in record. Party C is a limited liability company registered
in Beijing, China. Party C acknowledges the respective rights and obligations of Pledgor and Pledgee under this Agreement, and
intends to provide any necessary assistance in registering the Pledge; 2.Pledgee is a wholly foreign-owned enterprise registered
in China. Pledgee, Pledgor and Party C owned by Pledgor have executed an Technical Consultation and Service Agreement and other
control agreements (the “Control Agreements”); 3.To ensure that Pledgor and Party C fully perform their obligations
under the Control Agreements, and pay the consulting and service fees thereunder to the Pledgee when the sum becomes due, Pledgor
hereby pledges to the Pledgee all of the equity interest he holds in Party C as security for payment of the consulting and service
fees by Party C under the Control Agreements. To perform the provisions of the Control Agreements, the Parties have mutually agreed
to execute this Agreement upon the following terms. DEFINITIONS Unless otherwise provided herein, the terms below shall have the
following meanings: 

 

     

     

    

 

 1.1Pledge: shall
refer to the security interest granted by Pledgor to Pledgee pursuant to Section 2 of this Agreement, i.e., the right of Pledgee
to be compensated on a preferential basis with the conversion, auction or sales price of the Equity Interest. 1.2 Equity Interest:
shall refer to all of the equity interest lawfully now held and hereafter acquired by Pledgor in Party C. 1.3 Term of Pledge:
shall refer to the term set forth in Section 3 of this Agreement. 1.4 Control Agreements: shall refer to Technical Consultation
and Service Agreements, and other relevant control agreements executed by and among Pledgor, Party C and Pledgee on December
19, 2018. 1.5 Event of Default: shall refer to any of the circumstances set forth in Section 7 of this Agreement. 1.6 Notice of
Default: shall refer to the notice issued by Pledgee in accordance with this Agreement declaring an Event of Default. As collateral
security for the performance of the Control Agreements and the timely and complete payment when due (whether at stated maturity,
by acceleration or otherwise) of any or all of the payments due by Party C and/or Pledgor, including without limitation the consulting
and services 

 

     

     

    

 

fees payable to the
Pledgee under the Control Agreements, Pledgor hereby pledges to Pledgee a first security interest in all of Pledgor's right, title
and interest, whether now owned or hereafter acquired by Pledgor, in the Equity Interest of Party C. TERM OF PLEDGE 3.1 The Pledge
shall become effective on such date when the pledge of the Equity Interest contemplated herein has been registered with relevant
administration for industry and commerce (the “AIC”). The Pledge shall be continuously valid until the Pledgor is
no longer a shareholder of Party C or the satisfaction
of all its obligations by the Party C under the Control Agreements. The Pledgors shall be responsible for recording of this Agreement
in the Company’s Register of Shareholders. 3.2 During the Term of Pledge, in the event Party C fails to pay the exclusive
consulting or service fees in accordance with the Control Agreements, Pledgee shall have the right, but not the obligation, to
dispose of the Pledge in accordance with the provisions of this Agreement. CUSTODY OF RECORDS FOR EQUITY INTEREST SUBJECT TO PLEDGE
4.1 During the Term of Pledge set forth in this Agreement, Pledgor shall deliver to Pledgee's custody the shareholders' register
containing the Pledge within one week from the execution of this Agreement. Pledgee shall have custody of such items during the
entire Term of Pledge set forth in this Agreement. 4.2 Pledgee shall have the right to collect dividends generated by the Equity
Interest during the Term of Pledge. 

 

     

     

    

 

REPRESENTATIONS
AND WARRANTIES OF PLEDGOR 5.1 Pledgor is the owner
of the Equity Interest in record of register of shareholder. 5.2 Pledgee shall have the right to dispose of and transfer the Equity
Interest in accordance with the provisions set forth in this Agreement. 5.3 Except for the Pledge, Pledgor has not placed any
security interest or other encumbrance on the Equity Interest. COVENANTS AND FURTHER AGREEMENTS OF PLEDGOR 6.1 Pledgor hereby
covenants to the Pledgee, that during the term of this Agreement, Pledgor shall: 1 not transfer the Equity Interest, place or
permit the existence of any security interest or other encumbrance on the Equity Interest, without the prior written consent of
Pledgee, except for the performance of the Equity Option Agreement (the “Equity Option Agreement”) executed by Pledgor,
the Pledgee and Party C on the execution date of this Agreement; 2 comply with the provisions of all laws and regulations applicable
to the pledge of rights, and within five (5) working days of receipt of any notice, order or recommendation issued or 

 

     

     

    

 

prepared
by relevant competent authorities regarding the Pledge, shall present the aforementioned notice, order or recommendation to Pledgee,
and shall comply with the aforementioned notice, order or recommendation or submit objections and representations with respect
to the aforementioned matters upon Pledgee's reasonable request or upon consent of Pledgee; 3 promptly notify Pledgee of any event
or notice received by Pledgor that may have an impact on Pledgee's rights to the Equity Interest or any portion thereof, as well
as any event or notice received by Pledgor that may have an impact on any guarantees and other obligations of Pledgor arising
out of this Agreement. 6.2 Pledgor agrees that the rights acquired by Pledgee in accordance with this Agreement with respect to
the Pledge shall not be interrupted or harmed by Pledgor or any heirs or representatives of Pledgor or any other persons through
any legal proceedings. 6.3 To protect or perfect the security interest granted by this Agreement for payment of the consulting
and service fees under the Control Agreements, Pledgor hereby undertakes to execute in good faith and to cause other parties who
have an interest in the Pledge to execute all certificates, agreements, deeds and/or covenants required by Pledgee. Pledgor also
undertakes to perform and to cause other parties who have an interest in the Pledge to perform actions required by Pledgee, to
facilitate the exercise by Pledgee of its rights and authority granted thereto by this Agreement, and to enter into all relevant
documents regarding ownership of Equity Interest with Pledgee or designee(s) of Pledgee (natural persons/legal persons). Pledgor
undertakes to provide Pledgee within a reasonable time with all notices, orders and decisions regarding the Pledge that are required
by Pledgee.

 

     

     

    

 

6.4
Pledgor hereby undertakes to comply with and perform all guarantees, promises, agreements, representations and conditions under
this Agreement. In the event of failure or partial performance of its guarantees, promises, agreements, representations and conditions,
Pledgor shall indemnify Pledgee for all losses resulting therefrom. 6.5 The Pledgors shall process the registration procedures
with the Administration for Industry and Commerce concerning the Pledge as soon as practical after the execution of this Agreement.
6.6 Without notifying Pledgee in advance and obtaining Pledgee’s prior written consent, Pledgor shall not transfer the Equity
Interest and any action for the proposed transfer of the Equity Interest of Pledgor shall be invalid. Any payment received by
Pledgor for transfer of the Equity Interest shall be firstly used to repay the secured obligations to Pledgee or be placed in
escrow with a third party as agreed with Pledgee. EVENT OF BREACH 7.1 The following circumstances shall be deemed Event of Default:
1 Party C fails to fully and timely fulfill any liabilities under the Control Agreements, including without limitation failure
to pay in full any of the consulting and service fees payable under the Control Agreements or breaches any other obligations of
Party C thereunder; 2 Pledgor or Party C has committed a material breach of any

 

     

     

    

 

provisions
of this Agreement; 3 Except for the performance of the Equity Option Agreement, Pledgor transfers or purports to transfer or abandons
the Equity Interest pledged or assigns the Equity Interest pledged without the written consent of Pledgee; and 4 The successor
or custodian of Party C is capable of only partially performing or refusing to perform the payment obligations under the Control
Agreements. 5 The occurrence of any adverse change to the assets or property of the Pledgor, which in Pledgee’s determination,
may impact the ability of the Pledgor to perform its obligations hereunder. 6 The occurrence of any other circumstances under
which the Pledgee is not or may not able to exercise its rights hereunder in accordance with the applicable law. 7.2 Upon notice
or discovery of the occurrence of any circumstances or event that may lead to the aforementioned circumstances described in Section
7.1, Pledgor shall immediately notify Pledgee in writing accordingly. 7.3 Unless an Event of Default set forth in this Section
7.1 has been successfully resolved to Pledgee's satisfaction within twenty (20) days after the Pledgee delivers a notice to the
Pledgor requesting ratification of such Event of Default, Pledgee may issue a Notice of Default to Pledgor in writing at any time
thereafter, demanding to immediately dispose of the Pledge in accordance with the provisions of Section 8 of this Agreement.

 

     

     

    

 

EXERCISE
OF PLEDGE 8.1 Prior to the full payment of the consulting
and service fees described in the Control Agreements, without the Pledgee's written consent, Pledgor shall not assign the Equity
Interest in Party C. 8.2 Pledgee may issue a written notice to Pledgor when exercising the Pledge. 8.3 Subject to the provisions
of Section 7.3, Pledgee may exercise the right to enforce the Pledge at any time after the issuance of the Notice of Default in
accordance with Section 7.3. Once Pledgee elects to enforce the Pledge, Pledgor shall cease to be entitled to any rights or interests
associated with the Equity Interest. 8.4 In the event of default, Pledgee is entitled to dispose of the Equity Interest in accordance
with applicable PRC laws. Only to the extent permitted under applicable PRC laws, Pledgee has no obligation to account to Pledgor
for proceeds of disposition of the Equity Interest, and Pledgor hereby waives any rights it may have to demand any such accounting
from Pledgee. 8.5 When Pledgee disposes of the Pledge in accordance with this Agreement, Pledgor and Party C shall provide necessary
assistance to enable Pledgee to enforce the Pledge in accordance with this Agreement. ASSIGNMENT 

 

     

     

    

 

9.1
Without Pledgee's prior written consent, Pledgor shall not have the right to assign or delegate its rights and obligations under
this Agreement. 9.2 This Agreement shall be binding on Pledgor and its successors and permitted assigns, and shall be valid with
respect to Pledgee and each of its successors and assigns. 9.3 At any time, Pledgee may assign any and all of its rights and obligations
under the Control Agreements to its designee(s) (natural/legal persons), in which case the assigns shall have the rights and obligations
of Pledgee under this Agreement, as if it were the original party to this Agreement. When the Pledgee assigns the rights and obligations
under the Control Agreements, upon Pledgee's request, Pledgor shall execute relevant agreements or other documents relating to
such assignment. 9.4 In the event of a change in Pledgee due to an assignment, Pledgor shall, at the request of Pledgee, execute
a new pledge agreement with the new pledgee on the same terms and conditions as this Agreement, and register the same with the
relevant AIC. 9.5 Pledgor shall strictly abide by the provisions of this Agreement and other contracts jointly or separately executed
by the Parties hereto or any of them, including the Equity Option Agreement and the Power of Attorney granted to Pledgee, perform
the obligations hereunder and thereunder, and refrain from any action/omission that may affect the effectiveness and enforceability
thereof. Any remaining rights of Pledgor with respect to the Equity Interest pledged hereunder shall not be exercised by Pledgor
except in accordance with the written instructions of Pledgee.

 

     

     

    

 

TERMINATION
Upon the full payment of the consulting and service
fees under the Control Agreements and upon termination of Party C's obligations under the Control Agreements, this Agreement shall
be terminated, and Pledgee shall then terminate the equity pledge under this Agreement as soon as reasonably practicable. HANDLING
FEES AND OTHER EXPENSES All fees and out of pocket expenses relating to this Agreement, including but not limited to legal costs,
costs of production, stamp tax and any other taxes and fees, shall be borne by Party C. CONFIDENTIALITY The Parties acknowledge
that the existence and the terms of this Agreement and any oral or written information exchanged between the Parties in connection
with the preparation and performance this Agreement are regarded as confidential information. Each Party shall maintain confidentiality
of all such confidential information, and without obtaining the written consent of the other Party, it shall not disclose any
relevant confidential information to any third parties, except for the information that: (a) is or will be in the public domain
(other than through the receiving Party’s unauthorized disclosure); (b) is under the obligation to be disclosed pursuant
to the applicable laws or regulations, rules of any 

 

     

     

    

 

 stock
exchange, or orders of the court or other government authorities; or (c) is required to be disclosed by any Party to its shareholders,
investors, legal counsels or financial advisors regarding the transaction contemplated hereunder, provided that such shareholders,
investors, legal counsels or financial advisors shall be bound by the confidentiality obligations similar to those set forth in
this Section. Disclosure of any confidential information by the staff members or agencies hired by any Party shall be deemed disclosure
of such confidential information by such Party, which Party shall be held liable for breach of this Agreement. This Section shall
survive the termination of this Agreement for any reason. GOVERNING LAW AND RESOLUTION OF DISPUTES 13.1 The execution, effectiveness,
construction, performance, amendment and termination of this Agreement and the resolution of disputes hereunder shall be governed
by the laws of China. 13.2 In the event of any dispute with respect to the construction and performance of this Agreement, the
Parties shall first resolve the dispute through friendly negotiations. In the event the Parties fail to reach an agreement on
the dispute within thirty (30) days after either Party's request to the other Parties for resolution of the dispute through negotiations,
either Party may submit the relevant dispute to the China International Economic and Trade Arbitration Commission Beijing Commission
for arbitration, in accordance with its Arbitration Rules. The arbitration shall be conducted in Beijing, and the language used
in arbitration shall be Chinese. The arbitration award shall be final and binding on all Parties. 13.3 Upon the occurrence of
any disputes arising from the construction and performance of this Agreement or during the pending arbitration of any dispute,
except for the matters under dispute, the Parties to this Agreement shall continue to exercise their respective rights under this
Agreement and perform their respective obligations under this Agreement.

 

     

     

    

 

NOTICES
14.1 All notices and other communications required
or permitted to be given pursuant to this Agreement shall be delivered personally or sent by registered mail, postage prepaid,
by a commercial courier service to the address of such party set forth below. A confirmation copy of each notice shall also be
sent by E-mail. The dates on which notices shall be deemed to have been effectively given shall be determined as follows: Notices
given by personal delivery, by courier service or by registered mail, postage prepaid, shall be deemed effectively given on the
date of acceptance or refusal at the address specified for notices. 14.2 For the purpose of notices, the addresses of the Parties
are as follows: Party A: Beijing Qianhaitong Technology Development Co., Ltd. Address: Room 1209, Floor 12, No.12 Yabao Road,
Chaowai, Chaoyang District, Beijing, China Phone: 010-6478-8692 Party B: Liu Zhiguang

 

     

     

    

 

Address:
Room 202, Unit 2, Block 34, Longjiyuan, Jingjin Highway,
Xiazhuzhuang Street, Wuqing District, Tianjin, China Attn: Liu Zhiguang Phone: 13801153626 Party C: Beijing
Ouruixi Medical Technology Co., Ltd. Address: Room 120808, Unit 2, Floor 7, Building 3, No.1 East Futong Street, Chaoyang District,
Beijing, China Attn: Shi Baoning Phone: 010-6478-8692 14.3 If any Party change its address for notices or its contact
person, a notice shall be delivered to the other Parties in accordance with the terms hereof. SEVERABILITY In the event that one
or several of the 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 compromised in any respect. The Parties shall strive in good faith to replace such invalid, illegal or unenforceable provisions
with effective provisions that accomplish to the greatest extent permitted by law and the

 

     

     

    

 

 intentions
of the Parties, and the economic effect of such effective provisions shall be as close as possible to the economic effect of those
invalid, illegal or unenforceable provisions. ATTACHMENTS The attachments set forth herein shall be an integral part of this Agreement.
EFFECTIVENESS 17.1 This Agreement shall become effective when the Parties have duly executed this Agreement and Party A and Party
C stamp the paging seal. 17.2 Any amendments, changes and supplements to this Agreement shall be in writing and shall become effective
after the affixation of the signatures or seals of the Parties. 17.3 This Agreement is written in Chinese and English in three
(3) copies. Pledgor, Pledgee and Party C shall hold one (1) copy respectively. Each copy of this Agreement shall have equal validity.
In case there is any conflict between the Chinese version and the English version, the Chinese version shall prevail. [The Remainder
of this page is intentionally left blank]

 

     

     

    

 

 [Signature Page]
IN WITNESS WHEREOF, the Parties have caused their authorized representatives to execute this Equity Pledge Agreement as of the
date first above written. Party A: Beijing Qianhaitong Technology Development Co., Ltd. (Seal) Name: SHI Baoning Title: Legal
Representative By:

 

     

     

    

 

[Signature Page] IN
WITNESS WHEREOF, the Parties have caused their authorized representatives to execute this Equity Pledge Agreement as of the date
first above written. Party B: LIU Zhiguang By:

 

     

     

    

 

[Signature Page] IN
WITNESS WHEREOF, the Parties have caused their authorized representatives to execute this Equity Pledge Agreement as of the date
first above written. Party C: Beijing Ouruixi Medical Technology Co., Ltd. (Seal) Name: SHI Baoning Title: Legal Representative
By:

 

     

     

    

 

 Attachments:
1. Shareholders' register of Beijing Ouruixi Medical Technology Co., Ltd. 2. Technical Consultation and Service Agreement

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