Document:

Exhibit 10.5

 

 

Hainan
ZKGC New Energy Co., Ltd.

 

Investment
Cooperation Contract 

 

of

 

Intelligent
Charging Station

 

Signing date: 2020

 

     

     

    

 

Investment Cooperation Contract of Automobile
Charging Station

 

Party
A: Hainan ZKGC New Energy Co., Ltd.Legal representative: Liao Jinqi

 

 

 

Party B: Guangdong Shengshi Haotong Technology
Co., Ltd.

 

Legal
representative: 

 

In response to the policies
of the state and Hainan Province to promote the development of new energy charging piles, increase green travel, create healthy homes,
and achieve the purposes of energy conservation, emission reduction and consumption reduction, and benefit the people’s livelihood, Party
A and Party B are committed to promoting the popularization and development of new energy electric vehicle charging stations based on
the principle of mutual benefit, and have reached the following agreement through friendly negotiation:

 

Article 1: Construction
Address and Scale of Charging Station 

 

1. Address of charging station:
The parking lot of Food Plaza, No.94 Luobidong Road, Jiyang District, Sanya City, about 1,000 square meters.

 

2. Construction scale of Phase
I charging station: one 1000kW transformer (box transformer) and eight DC 120kW double gun charging piles.

 

3. The total investment of
the charging station is RMB 1,150,000 Yuan only.

 

Article 2: Cooperation
Matters 

 

1. Party B is responsible for
the capital investment of charging station.

 

2. Party A is responsible for
the construction application and approval of the charging station, the handling of government subsidies, the construction and installation
of electronic equipment and facilities of the charging station, the online operation management of the charging station, the docking network
charging platform, and the upgrading and technical maintenance of the charging station platform.

 

3. The third party (site) is
responsible for providing on-site management and maintenance in the charging station to ensure the normal operation of the charging station.

 

Article 3: Mode of Capital
Investment of Party B 

 

1. Within 2 days from the date
of signing this Agreement, Party B shall transfer half of the total investment funds, that is, RMB 575,000.00 Yuan, to the account designated
by Party A, and the remaining investment funds shall be paid off within 2 days after being electrified with the charging pile.

 

2. The account designated by
Party A is:

 

Account name: Hainan ZKGC New
Energy Co., Ltd.

 

    2

     

    

 

Bank of deposit: Haikou Jinmao
Sub-branch of Industrial and Commercial Bank of China.

 

Bank account number: 2201020909200415292.

 

Article 4: Term of Cooperation

 

Party A and the third party
(site) shall prevail, and the cooperation period between Party A and the third party (site) shall be 10 years, that is, from February
1, 2021 to January 31, 2031.

 

Article 5: Distribution
of Profits 

 

1. Net profit: The monthly
total turnover is first deducted from electricity charges (subject to the paid-in amount of power supply bureau), then deducted from platform
management fees by 20%, and the remaining 80% is net profit, that is, Party B and the third party (site) are divided into parts [total
turnover-electricity charges-platform management fees by 20% (including taxes, APP platform management fees and site management fees)
= net profit].

 

2. Of the 80% net profit, Party
B accounts for 70% of the net profit and the third party (site) accounts for 30% of the net profit. Profits will be reconciled and settled
from 1st to 15th of the following month, and profits of last month will be distributed before 30th.

 

3. Party A will directly transfer
the monthly profit to the bank account designated by Party B. The bank account designated by Party B is:

 

Account name:

 

Bank of deposit:

 

Bank account number:

 

4. In case of subsidies from
the national government, the subsidies shall be included in the profit re-sharing.

 

Article 6: Bearing of
Expenses 

 

1. If the expenses arising
from government demolition and charging station transfer of the site are paid from the government compensation, if the government compensation
is insufficient for the site transfer expenses, Party A and Party B shall bear them in proportion.

 

    3

     

    

 

2. If the charging station
needs to be relocated due to business reasons, the expenses incurred in the relocation shall be jointly borne by Party A and Party B and
deducted from the profits.

 

3. Party A shall guarantee
the charging pile free of charge for two years (except for man-made damage). After the warranty period expires, the expenses for the maintenance
of charging equipment and electronic equipment (including charging piles, transformers, cables, etc.) in the charging station, the purchase
of accessories, etc., and the expenses incurred in the normal operation of the charging station shall be borne by Party A and Party B
in proportion.

 

5. During the two-year free
warranty period of charging piles, the expenses incurred by man-made damage and maintenance of charging piles shall be borne by Party
A and Party B in proportion.

 

Article 7: Clear Assets

 

1. The ownership of electronic
equipment put into the charging station, including transformers, charging piles and cables, shall be owned by Party B.

 

2. After the expiration of
the cooperation period between Party A and Party B, the charging equipment and electronic equipment (including charging piles, transformers,
cables, etc.) in the charging station shall be owned by Party B.

 

3. During the cooperation period,
the land use right shall be owned by the site.

 

Article 8: Rights and
Obligations of Party A 

 

1. Party A has the obligation
to guide the planning, layout and investment of charging stations.

 

2. Party A has the right to
keep the business secrets of the Company.

 

3. Party A has the obligation
to disclose its operating income and transfer the profits to Party B’s account at the agreed time.

 

4. Party A has the obligation
to do a good job in online management, operation, maintenance and coordination of charging stations.

 

Article 9: Rights and
Obligations of Party B 

 

1. Party B has the right to
know the investment and operation of the charging station, and the operating cost, profit and share of the charging station.

 

    4

     

    

 

2. Party B has the obligation
to assist Party A in the operation and management of charging piles.

 

3. During the contract period,
the third party (site) has the obligation to do a good job in the site management of the charging station site, coordinate and solve the
disputes in the charging station site, and handle the relationship between the site and its surroundings.

 

Article 10: Force Majeure

 

If Party B fails to transfer
investment funds on time or Party A fails to complete charging pile construction on time due to force majeure factors, such as government
actions, earthquakes, typhoons, wars and other force majeure factors, Party A and Party B shall not bear the liability for breach of contract.

 

Article 11: Other Agreements

 

1. If Party B fails to transfer
the investment funds to the account designated by Party A within the agreed time limit, resulting in the delay of the construction period
of Party A’s charging station, it shall bear the liability for breach of contract.

 

2. Upon expiration of the cooperation
period, both parties have the priority to renew the contract.

 

3. During the period of cooperation,
if there are matters that need to be supplemented, Party A and Party B may sign a supplementary agreement, which has the same legal effect
as this agreement.

 

Article 12: In case
of any dispute between the two parties during the period of cooperation, they may settle it through negotiation. If negotiation fails,
they may bring a lawsuit to the people’s court of the place where the contract is performed.

 

Article 13: This Agreement
shall come into force as of the date of signing and shall be observed by both parties.

 

This agreement is made in duplicate,
with each party holding one copy, which has the same legal effect.

 

 

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 	Party A: Hainan ZKGC New Energy Co., Ltd.	 	Party B: Guangdong Shengshi Haotong Technology Co., Ltd.
	Representatives: Liao
    Jinqi 	 	Representatives: 
	 	 	 
	Tel: 13825097233	 	Tel: 13690398599
	 	 	 
	 	 	 
	 	 	 
	March 18, 2021	 	March 18, 2021

 

 

6Exhibit 10.6

 

Charging
Station Site Cooperation Contract

 

Party A: Hainan ZKGC New Energy Co., Ltd.

 

Party B: Wang Hulin, Zhu Ming

 

In order to response the policies
of China and Hainan Province to promote the development of new energy charging piles, increase green travel, create a healthy home, achieve
the purpose of saving energy, reducing emissions and consumption, and benefit people’s livelihood, and strive to promote the popularization
and development of new energy electric vehicle charging stations, Party A and Party B have reached the following agreement through friendly
negotiation based on the principle of mutual benefit, on the basis of voluntariness, equality and win-win, and in accordance with relevant
national laws and regulations:

 

Article 1: Construction
Address of Charging Station

 

Party B shall provide Party
A with 10 parking spaces about 30 meters southeast of the parking lot of Xinxiangti Jiari Plaza in Old Town Development Zone, Chengmai
County, Hainan Province to build charging stations.

 

Article 2: Cooperation
Term and Scale

 

1. The cooperative use period
of the charging station site is 15 years (the specific period shall be subject to the time of Party B’s land certificate, property right
certificate and lease agreement, within the land use period of Party B), that is, from November 12, 2020 to November 11, 2035, and Party
B shall copy the above documents as an annex to this Agreement.

 

2. One 630 kW transformer and
five DC 120 kW double gun charging piles are installed in this charging station.

 

Article 3: Cooperation Matters

 

1. Party A is responsible for
the installation management, maintenance and service of charging piles, cables and transformers.

 

2. Party A is responsible for
docking the network charging platform and investigating market operation services.

 

3. Party B is responsible for
providing the site for installing charging piles, transformers, cables, broadband networks and other electronic equipment. If the venue
is equipped with automatic or manual charging gates, charging vehicles entering the site shall not be charged within two hours, and Party
B may charge parking fees for vehicles exceeding two hours.

 

     

     

    

 

Article 3: Distribution
of Profits

 

1. After deducting electricity
charges from the total monthly turnover (subject to the paid-in amount of power supply bureau), 15% of taxes, APP operation platform fees
and site management fees are deducted from the remaining turnover, and the remaining 85% is net profit [turnover-electricity charges-(15%
of taxes, APP platform management fees and site management fees) = net profit].

 

1. Of the 85% net profit, the
investment, operation and management of Party A accounts for 95% of the net profit, and the site provided by Party B accounts for 5% of
the net profit. The dividend payment time is reconciliation and settlement at the end of each month, and payment is made before the 30th
day of the following month.

 

2. Party A will directly transfer
the monthly profit to the bank account designated by Party B. The bank account designated by Party B is:

 

Account name:

 

Bank of deposit:

 

Bank account number:

 

Article 4: Ownership of
Charging Station Equipment 

 

1. The ownership of charging
piles, transformers and cables related equipment and facilities in the charging station belongs to Party A.

 

2. During the use period of
the site, the right to use 10 parking spaces shall be owned by Party A.

 

3. If the contract is terminated
due to government demolition, the compensation given by the government shall be owned by Party A.

 

Article 5: Rights and
Obligations of Party A 

 

1. Party A has the right to
decide the planning, layout and investment of charging stations.

 

2. Party A has the right to
keep the business secrets of the Company, and Party A has the right to carry out the business of the Company by itself.

 

    2

     

    

 

3. Party A has the obligation
to disclose its operating income and transfer the profits to Party B’s account at the agreed time.

 

Article 6: Rights and
Obligations of Party B 

 

1. Party B has the right to
know the income and share of charging stations associated with Party B.

 

2. During the term of the contract,
Party B has the obligation to keep Party A’s business model, business data, specific operation plan, profit sharing between both parties,
etc.

 

3. During the use period of
the charging station, Party B has the obligation to coordinate and solve other disputes such as land use right disputes and disputes with
the owner.

 

4. Party B shall assist Party
A in on-site management services of the charging station, and shall have the obligation to do a good job in fire protection, public security,
hygiene and other related work of the charging station site, and shall have the obligation to ensure the smooth road of charging vehicles
in the charging station and the normal charging of charging vehicles.

 

5. Party B shall not cooperate
with other parties during the cooperation period between both parties. If Party B cooperates with other parties or unilaterally terminates
the agreement during the cooperation period between both parties, it shall bear the liability for breach of contract, and shall compensate
Party A for all the losses caused by it.

 

Article 7: Other Agreements

 

1. Party A and Party B shall
not change or terminate the Contract in advance at will. If one party needs to change or terminate the Contract in advance, it shall notify
the other party in writing more than two months in advance, and the agreement can only be changed or terminated after negotiation and
consent of both parties. Otherwise, the breaching party will be investigated for breach of contract liability according to law.

 

2. Upon expiration of the cooperation
period, Party A has the priority to renew the contract.

 

3. During the cooperation period,
if there are matters that need to be supplemented, both parties may sign a supplementary agreement, which has the same legal effect as
this agreement.

 

Article 8: In case
of disputes between the two parties during the cooperation period, they can be settled through negotiation. If negotiation fails, they
can bring a lawsuit to the local people’s court of Party A.

 

Article 9: This Agreement
shall come into force as of the date of signing and shall be observed by both parties.

 

This agreement is made in triplicate,
with Party A holding two copies and Party B holding one copy, which have the same legal effect.

 

    3

     

    

 

	Party A: Hainan ZKGC New Energy Co., Ltd.	 	Party B: Wang Hulin, Zhu Ming Seal of unit:
	 	 	 
	Signature of representative: Liao Jiqi	 	Signature of representative:
	Tel: 18320608889	 	ID card number:
	 	 	Tel:
	 	 	 
	November 13, 2020	 	 
	 	 	November 13, 2020
	 	 	 

 

 

 

 

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