Document:

Exhibit 10.9

 

Capital increase agreement of Puhui Wealth Investment Management
(Beijing) Co., Ltd.

 

 

Puhui Wealth Investment
Management (Beijing) Co., Ltd.

 

The capital increase agreement (“this Agreement”)
shall be signed at Dongcheng District, Beijing on Aug. 28, 2017:

 

	
        Capital increase party (Party A):

         
	
        Beijing Xietong Shifu Asset Management Co., Ltd.
(“Xietong Shifu”) (as the fund manager of Seven-month Fund “Hanmeng Shengshi Danyu Xietong Shifu private equity
investment fund, makes investment on behalf of the fund.

        Registered address: Room 219, Building 12, No. 8, Xinjiekou
Outer Street, Xicheng District, Beijing

	 	
        Unified social credit code: 91110102095804526

	
        Target company (Party B):

         
	
        Puhui Wealth Investment Management (Beijing) Co.,
Ltd. (“Puhui Wealth”)

        Registered address: Room 2, 10/F, W3 Office Building,
Oriental Plaza, No. 1 Chang’an Street, Dongcheng District, Beijing

        Unified social credit code: 911101010785400239

 

In accordance with the Company Law of the People’s Republic
of China and Contract Law of the People’s Republic of China, parties of the Contract reach the following agreement on capital increase
of Puhui Wealth Investment Management (Beijing) Co., Ltd. through negotiation:

 

Article I Overview of target company

1.1 Company name: Puhui Wealth Investment Management (Beijing)
Co., Ltd. 

1.2 Organizational type: other limited liability company

1.3 Business scope: investment management; investment consultation;
enterprise management consultation; enterprise planning; economic trade consultation; computer technology training; market investigation;
technological promotion service; undertaking display and exhibition. (1. Without approval of relevant department, it shall not
raise fund in public mode; 2. not carry out security product and finance derivative transaction activity; 3. not grant loan; 4.
not provide guarantee to enterprises other than the invested enterprise.

 

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5. Shall not make promise of no loss of
investment principal or minimum benefit to the investor. Enterprises can independently select business items and carry out operating
activities. For items to be approved in accordance with law, enterprises shall carry out operating activities with approval from
relevant department. Enterprises shall not carry out operating activities of items prohibited and limited by industrial policy
of the city.

 

1.4 Registered capital, total share, category and amount of
each share before capital increase:

Registered capital: RMB 53 million, total shares: 53
million and each share with face value of 1 yuan.

 

1.5 Share structure before capital increase:

	
        Name of shareholders
	
        Subscribed
capital

contribution (10

thousand yuan)
	
        Equity ratio
	
        Mode of contribution

	
        Beijing Oriental Henghui Management Consulting Center
(limited partnership)
	
        2, 650
	
        50%
	
        Currency

	
        Shanghai Fengsui Investment Management Co., Ltd.
	
        1,600
	
        30.1887%
	
        Currency

	
        KEENEX Investment Management (Shanghai) Co., Ltd.
	
        500
	
        9. 4340%
	
        Currency

	
        Beijing Oriental Polzne Management Consulting Center
(limited partnership)
	
        250
	
        4. 7170%
	
        Currency

	
        Tibet Rongshun Enterprise Management Consulting Partnership
(limited partnership)
	
        201.97
	
        3. 8107%
	
        Currency

	
        Banyan Capital (Shenzhen) Investment Center (limited
partnership)
	
        98. 03
	
        1.8496%
	
        Currency

	
        Total
	
        5, 300
	
        100%
	
        /

 

Article 2 Mode of increasing capital and share

2.1 Increase in capital and share in this Agreement refers to
capital increase of the target company-Xietong Shifu.

 

2.2 Party A increases capital in currency of RMB 16.5 million,
wherein, RMB 5.753289 million is listed in the registered capital of Party B and RMB 10.746711 is listed in the capital
reserve of Party B.

 

2.3 Registered capital, total share, category and amount of
each share after capital increase of the target company:

Registered capital: RMB 58,753,289, total shares: 58,753,289
and each share with face value of 1 yuan.

 

2.4 Share structure of target company after capital increase

 

	
        Name of shareholders
	
        Subscribed capital

contribution (10

thousand yuan)
	
        Equity ratio
	
        Mode of contribution

	
        Beijing Oriental Henghui Management Consulting Center
(limited partnership)
	
        2, 650
	
        45. 1039%
	
        Currency

	
        Shanghai Fengsui Investment Management Co., Ltd.
	
        1600
	
        27. 2325%
	
        Currency

 

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        KEENEX Investment Management (Shanghai) Co., Ltd.
	
        500
	
        8.5102%
	
        Currency

	
        Beijing Oriental Polzne Management Consulting Center
(limited partnership)
	
        250
	
        4.2551%
	
        Currency

	
        Tibet Rongshun Enterprise Management Consulting Partnership
(limited partnership)
	
        201.97
	
        3.4375%
	
        Currency

	
        Banyan Capital (Shenzhen) Investment Center (limited
partnership)
	
        98.03
	
        1.6685%
	
        Currency

	
        Beijing Xietong Shifu Assets Management Co., Ltd.
	
        575.3289
	
        9.7923%
	
        Currency

	
        Total
	
        5875.3289
	
        100%
	
        /

 

Article 3 Composition of directors and supervisors

After capital increase, the directors/executive directors and
supervisors of the target company may not be changed.

 

Article 4 Commitment and guarantee

4.1 Parties of the Agreement are enterprise legal persons established
and exiting in accordance with law and obtaining all authorization, approval and recognition for the increase in capital and share.

4.2 Parties of this Agreement have the right and ability to
sign this Agreement. The Agreement shall have legal binding on all parties once being signed.

4.3 Obligations of parties of this Agreement are legal and
valid. The fulfillment of obligations may not conflict with other agreement obligations undertaken by all parties nor violate
any law.

4.5 The target company guarantees that it’s established and
existing in accordance with law, there are no major illegal matters that may cause major administrative penalty or criminal responsibility
before the Agreement is signed.

4.6 Parties of the Agreement agree to modify the Articles of
Association of the target company as per this Agreement.

4.7 Parties of this Agreement shall sign relevant documents
after the Agreement is reached, provide relevant materials and complete industrial and commercial change registration formalities
of the target company as quickly as possible.

 

Article V Taxes and expenses

5.1 Assessment fee, capital verification fee, business registration
fee and property transfer deed tax arising in the process of capital increase shall be born by the target company.

5.2 Other taxes arising in the process of capital increase shall
be paid respectively as per national laws, regulations and stipulations.

 

Article 6 Liability for breach of contract

6.1 If any party of the Agreement violates relevant agreement,
which causes that the agreement purpose cannot be realized, the default party shall respectively pay 20% of increased amount
as liquidated damages to the observant party. When the liquidated damage is insufficient for making up the loss of the observant
party, the default party shall compensate the loss of the observant party.

 

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Article 7 Confidentiality

7.1 All parties shall keep relevant information obtained from
signing and fulfilling the Agreement confidential. Otherwise, the party disclosing trade secret shall compensate losses incurred
to the other party.

7.1.1 Various provisions of this Agreement;

7.1.2 Negotiation relating to this Agreement;

7.1.3 Subject matter of this Agreement;

7.1.4 Business secretes of each party.

However, disclosure in 7.2 is excluded.

7.2 Parties of this Agreement can disclose information in 7.1
only in following conditions.

7.2.1 Legal requirements;

7.2.2 Requirements of any government agency and supervision
authority with jurisdiction;

7.2.3 Make disclosure to professional advisers or attorneys
of the party (if any);

7.2.4 Information is disclosed in the public area not for the
default of the party;

7.2.5 Each party shall give written consent in advance.

7.3 After termination of this Agreement, this clause is still
applicable without time limit.

 

Article 8 Force majeure

8.1 Any party’s failure to fulfill all or part of obligations
under this Agreement due to force majeure rather than its own fault shall not be deemed as breach. If applicable, the party shall
take all necessary remedies to reduce losses caused by force majeure.

8.2 The party suffering force majeure shall notify other parties
in writing of the event and submit a report to other parties, which specifies cause for failure to perform all or part of obligations
under the Agreement and delay performance within fifteen days after the event.

8.3 To postpone or terminate the Agreement (all or part) due
to force majeure, parties of the Agreement shall make negotiation.

8.4 Force majeure shall be objective events that are unforeseeable,
unavoidable and insuperable, which hinders, influences or delays any party from fulfilling all or part of obligations under the
Agreement.

 

Article 9 Notice

9.1 Any notice of matters relating to this Contract shall be
sent to the receipt’s communication address, fax or E-mail in the Agreement in person, by mail, fax or E-mail, which shall be deemed
as service of notice.

 

Article 10 Dispute resolution

10.1 Disputes arising in the execution process of this Agreement
shall be resolved through friendly negotiation of all parties. If negotiation fails, the disputes can be resolved through arbitration
by Xi’an Arbitration Commission.

 

Article 11 By-laws

11.1 Unaccomplished matters in this Agreement shall be solved
by all parties through negotiation at that time.

11.2 This Agreement shall take effect with signatures or seals
of all parties.

11.3 This Agreement shall be provided to each party and Administration
for Industry and Commerce, with equal legal effect.

 

(No text below)

 

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Whereas, each party urges its authorized representative to sign
the Capital Increase Agreement on the date on the homepage.

 

Capital increase party (Party A): Beijing Xietong Shifu Assets
Management Co., Ltd.

(seal)

 

 

	Legal
representative or authorized representative: 

(signature)

 

5Exhibit 10.10

 

EMPLOYMENT
contract

 

Company:

 

	Name of Employer:	Puhui Wealth Investment Management (Beijing) Co.,Ltd.
	 	 
	Legal Address:	Rm.1002,W3,Oriental Plaza,No.1,East chang’an Avenue,Dongcheng District,Beijing,PRC.
	 	 
	Legal Representative:	Ji Zhe

 

Employee:

 

	Name of Employee:	Ji Zhe
	 	 
	ID Card No/Passport No.:	110103197909091816
	 	 
	Domicile:	Rm. 6,No.72 Shazikou St,Chongwen District, Beijing

 

This Contract is made and entered into
by and between Ji Zhe (hereinafter the “Employee”) and Puhui Wealth Investment Management (Beijing) Co.,Ltd.(hereinafter
the “Company”) on Beijing.

 

The Company and the Employee (individually,
the “Party”, collectively, the “Parties”) enter into this Contract and establish employment
relations on the basis of equal and voluntary agreement and in accordance with the Labor Contract Law of the People’s Republic
of China (hereinafter “China” or the “PRC”) and the provisions of other relevant laws and
regulations.

 

		1.	TERM OF CONTRACT

 

		1.1	The Parties agree that this Contract shall be a fixed term
                                                                labour contract, and, The term of the contract shall start on November 1st, 2016 and shall expire on October 31th,
                                                                2019. This labor contract shall take effect from [  subject to Article 1.2 and Article 6 herein.]

 

		1.2	The Employee’s employment is conditional upon the truthful
representation of the Employee’s background, education, qualifications, employment, and experiences. In the event that the
Employee, in order to be employed by the Employer, has made any material misrepresentation, used falsified documents, or failed
to provide relevant proof and certificates required under the hiring procedures or failed to disclose any material information
of the Employee including without limitation such Employee’s medical history of serious illness, and the Employer may deem such
act as fraud under relevant laws and regulations and/or that the hiring requirements have not been met and in such event, the Employer
may terminate this Contract. 

 

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		2.	JOB DESCRIPTION

 

		2.1	The Company agrees to employ the Employee in the position of Chief
Executive Officer  executive director, or, other position(s) to be reasonably designated by the Company from time to time.

 

		2.2	While employed by the Company, the Employee will devote his or her
entire business time and attention to developing and improving the business and best interests of the Company and its affiliated
companies and will carry out to the best of his or her ability such duties, tasks and responsibilities as the Company and its affiliated
companies may request of or assign to the Employee from time to time. 

 

		3.	REMUNERATION

 

		3.1	Starting base salary of the Employee (which includes all allowances,
subsidies and any other kind of welfare incomes payable under relevant laws and regulations) will be _RMB100000 (gross)
..Staff will be paid last month’s salary on the 10th of this month.

 

		3.2	The Company reserves the rights to make reasonable adjustment(s)
or change(s) to the position of the Employee based on the actual needs of the Company and the Employee’s performance, and
the rights to adjust or change the Employee’s base salary accordingly. The Company will communicate with the Employee for
the reasons of such adjustment/change before it being made. 

 

		3.3	The Company will contribute, for benefit of the Employee, to social
insurance funds and the housing fund, if any, as required under the law. The portion to be contributed by the Employee will be
withheld by the Company from Employee’s monthly salary and deposited in the relevant social insurance funds and the housing
fund, if any. 

 

		3.4	The Employee shall pay individual income tax as required by law.
The Company shall, according to law, withhold the individual income tax from the Employee’s monthly salary to pay to relevant
tax authority on behalf of the Employee.

 

		4.	EMPLOYMENT PROTECTION AND CONDITION

 

		4.1	The Company provides safe and clean working environment in accordance
with relevant laws and regulations. If there is any danger or special risks in relation to the working environment of the Employee,
the Company will take specific protective measures, and provide specific training to the Employee.

 

		4.2	The Company will, based on the actual status of the Employee’s
position, provide necessary working condition and labor protection articles for use in accordance with relevant laws and company
policies.

 

		5.	BENEFITS AND VACATION

 

The Employee will be subject
to, and enjoy the benefits of, Company rules and policies, which may from time to time be amended and made available to all affected
employees. The Employee will be entitled to paid annual leave pursuant to the Employee Manual adopted by Company which shall be
in line with the relevant laws and regulations.

 

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		6.	PHYSICAL EXAMINATION

 

This Employment Contract is contingent
upon successful completion of a physical examination of the Employee, to the extent required by the Company, before employment.

 

		7.	CONFIDENTIAL INFORMATION AND Invention Assignment Agreement

 

The
Employee acknowledges that he is and will continue to be exposed to confidential information of the Company due to his position
and for protection of the Company’s confidential information and intellectual properties, the Employee agrees to enter into
an additional Confidential Information and Invention Assignment Agreement with the
Company in form and substance as set forth in Appendix I attached hereto.

 

		8.	NON-COMPETITION And NON-SOLICITATION

 

		8.1	NON-COMPETITION

 

The Employee hereby acknowledges
that the Company’s business is highly competitive and agrees to enter into an additional NON-COMPETITION AGREEMENT with the
Company in form and substance as set forth in Appendix II hereto.

 

		8.2	NON-SOLICITATION

 

The
Employee agrees that, during the term of his employment with the Company and for a period of twenty-four (24) months immediately
following the termination of his employment relationship with the Company for any reason, whether with or without cause, he shall
not either directly or indirectly solicit, induce, recruit or encourage any employees of the Company or its affiliated companies
to leave their employment, or take away such employees, or attempt to solicit, induce, recruit, encourage or take away employees
of the Company or its affiliated companies and/or any suppliers, customers or consultants of the Company or its affiliated companies,
either for himself or for any other person or entity.

 

		9.	Conflict of interest Guidelines

 

The Employee agrees to diligently
adhere to the Conflict of Interest Guidelines attached as Exhibit III hereto.

 

		10.	Employment Period

 

If,
during the employment with the Company, the Company provides the Employee with special training expenses or specific technology
trainings, and if the employment with the Company is terminated prior to the term of employment agreed with the Company, the Employee
shall compensate the Company the training expenses proportional to the remaining period for services yet to be provided.

 

		11.	MODIFICATION, TERMINATION AND EXPIRATION OF THE LABOR CONTRACT

 

		11.1	The Company maintains the right to terminate this Contract and dismiss
the Employee without prior notice under any of the following circumstances:

 

		(a)	when the Employee does not meet the conditions for employment during the probationary period;

 

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		(b)	the Employee is held criminally or administratively liable in accordance with the relevant laws
or administrative regulations;

 

		(c)	when the Employee commits a serious breach of labor discipline or of the rules or policies or ethical
code of the Company (“Company Rules”); such Company Rules will be sent to employees in the form of email notification
or announcement and updated from time to time according to the actual situation of the company

 

		(d)	when the Employee is negligent or is involved in improper financial dealings, thus causing serious
harm to the interests of the Company;

 

		(e)	when the Employee is concurrently involved in any employment relationship with any other employer,
which causes severe effect on the performance of his/her own duties to the Company, or refuses to make correction in a fixed term
as required by the Employer; or

 

		(f)	when this Contract is deemed invalid due to circumstances under Article 1.2 and Article 8 of this
Contract, or because this Contract was entered into with fraud of the part of Employee.

 

		11.2	The Company maintains the right to terminate this Contract in accordance
with relevant PRC laws and regulations prior to the expiration date of this Contract by giving to the Employee a thirty (30) day
written notice or compensation of one (1) month in lieu of such notice under any of the following circumstances:

 

		(a)	when, due to illness or non-work-related injuries, the Employee is unable to perform his or her
original duties or is unable to perform appropriate alternative duties when a statutory medical treatment period has ended;

 

		(b)	when the Employee is incompetent in performing his or her duties, provided that training has been
provided to the Employee or adjustments have been made to the Employee’s position;

 

		(c)	when there are changes in the circumstances which were relied upon by the Parties at the time of
signing, causing this Contract impossible to perform, and the two Parties are unable to negotiate and agree upon any amendments
to this Contract;

 

		(d)	when the Company encounters serious operational difficulties and lay off employees in accordance
with law.

 

		11.3	The Employee may terminate this Contract after giving a thirty (30)-day
prior written notice to the Company.

 

		11.4	If any of the circumstances under Article 11.1 of this Contract occurs,
the Company is entitled to terminate the employment with the Employee without prior written notice.

 

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		12.	LABOR DISPUTES

 

Labor disputes under this Contract
shall be resolved as follows:

 

		(a)	consultation between the Employee and the Company;

 

		(b)	if no resolution is made through consultation within thirty (30) days, the dispute shall be settled
with the Beijing Arbitration Commission

 

		(c)	In case either party is not satisfied with the arbitral award, it may file a law suit with the
competent People’s Court within fifteen (15) days from receipt of the arbitral award.

 

		13.	GOVERNING LAW

 

This Contract and the rights
and duties of the Parties hereunder shall be governed by and construed and enforced in accordance with the PRC laws, without regard
to principles of conflicts of laws.

 

		14.	MISCELLANEOUS

 

		14.1	The Employee represents that, prior to signing this Contract, the
Employee has read, fully understands and voluntarily agrees to the terms and conditions as stated above, that the Employee was
not coerced to sign this Contract, the Employee was not under duress at the time the Employee signed this Contract, that, by signing
this Contract, the Employee will not violate the terms of any other agreement previously entered by the Employee and that, prior
to signing this Contract, the Employee had adequate time to consider entering into this Contract, including, without limitation,
the opportunity to discuss the terms and conditions of this Contract, as well as its legal consequences, with an attorney of the
Employee’s choice.

 

		14.2	This Contract constitutes the entire understanding and agreement
between the Parties hereto with regard to the matters herein, and supersedes all prior communications, negotiations, and agreements
relating thereto. No modification or amendment of this Contract will be effective unless made in writing and signed by both Parties.

 

		14.3	This Contract shall be made in two originals; each Party shall hold
one original copy. 

 

[Follow by Execution Page]

 

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Execution Page

 

The Parties are signing this Employment
Contract on the date stated in the introductory clause.

 

EMPLOYER

 

Authorized Representative: ________________________

 

Executed with the Corporate Seal

 

EMPLOYEE

 

Agreed by: ________________________

 

     

     

    

 

Appendix I         Confidential Information
and Invention Assignment Agreement

 

Puhui Wealth Investment Management (Beijing)
Co.,Ltd.

 

CONFIDENTIAL INFORMATION AND

INVENTION ASSIGNMENT AGREEMENT (PRC EMPLOYEES) 

 

As a condition of my
employment with Puhui Wealth Investment Management (Beijing) Co.,Ltd. (the “Company” and, together with all of its
direct or indirect parent companies, subsidiaries or subsidiaries of its parent companies, collectively referred to as the “Company
Group”) and in consideration of my employment with the Company and my receipt of the compensation now and hereafter paid
to me by the Company, I agree to the following provisions of this Puhui Wealth Investment Management (Beijing) Co.,Ltd Confidential
Information and Invention Assignment Agreement (this “Agreement”):

 

1.     
Confidential Information.

 

1.1 
Company Information. I agree at all times during the term of my employment and after termination, to hold
in the strictest confidence, and not to use, except for the benefit of the Company Group, or to disclose to any person, corporation
or other entity without written consent of the Company, any Confidential Information. I understand that “Confidential Information”
means any proprietary or confidential information of the Company Group, its affiliates, their clients, customers or their partners,
and the Company Group’s licensors, including, without limitation, technical data, trade secrets, research and development
information, product plans, services, customer lists and customers (including, but not limited to, customers of the Company Group
on whom I called or with whom I became acquainted during the term of my employment), supplier lists and suppliers, software, developments,
inventions, processes, formulas, technology, designs, drawings, engineering, hardware configuration information, personnel information,
marketing, finances or other business information disclosed to me by or obtained by me from the Company Group, its affiliates,
their clients, customers or their partners, and the Company Group’s licensors either directly or indirectly in writing, orally
or by drawings or observation of parts or equipment.

 

1.2 
Company Property. I understand that all documents (including computer records, facsimile and e-mail) and materials
created, received or transmitted in connection with my work or using the facilities of the Company Group are property of the Company
Group and subject to inspection by the Company Group, at any time. Upon termination of my employment with the Company (or at any
other time when requested by the Company), I will promptly deliver to the Company all documents and materials of any nature pertaining
to my work with the Company and will provide written certification of my compliance with this Agreement. Under no circumstances
will I have, following my termination, in my possession any property of the Company Group, or any documents or materials or copies
thereof containing any Confidential Information. In the event of the termination of my employment, I agree to sign and deliver
the “Termination Certification” attached hereto as Exhibit B.

 

1.3 
Former Employer Information. I agree that I will not, during my work with the Company, improperly use or disclose
any trade secrets of any other person or entity or proprietary information of any former employer or other person or entity with
which I have an agreement or duty to keep in confidence such information and that I will not bring onto the premises of the Company
Group any unpublished document or proprietary information belonging to any such employer, person or entity unless consented to
in writing by such employer, person or entity. I agree to indemnify the Company Group and hold it harmless from all claims, liabilities,
damages and expenses, including reasonable attorneys fees and costs for resolving disputes, arising out of or in connection with
any violation or claimed violation of a third party’s rights resulting from any use by the Company Group of such proprietary
information or trade secrets improperly used or disclosed by me.

 

    1 

     

    

 

1.4 
Third Party Information. I recognize that the Company Group has received and in the future will receive from
third parties their confidential or proprietary information subject to a duty on the Company Group’s part to maintain the
confidentiality of such information and to use it only for certain limited purposes. I agree to hold all such confidential or proprietary
information in the strictest confidence and not to disclose it to any person, firm or corporation or to use it except as necessary
in carrying out my work for the Company consistent with the Company Group’s agreement with such third party.

 

2.     
Inventions.

 

2.1 
Inventions Retained and Licensed. I have attached hereto, as Exhibit A, a list describing all inventions,
original works of authorship, developments, improvements, trade secrets, and IC lay-out designs/mask works which were made by me
prior to my employment with the Company which belong to me, which relate to the Company Group’s proposed or current business,
products or research and development, and which are not assigned to any member of the Company Group hereunder (collectively referred
to as “Prior Inventions”); or, if no such list is attached, I represent that there are no such Prior Inventions.
I agree that I will not incorporate any Prior Inventions into any products, processes or machines of the Company Group; provided,
however, that if in the course of my employment with the Company, I incorporate into a product, process or machine of the
Company Group a Prior Invention owned by me or in which I have an interest, I represent that I have all necessary rights, powers
and authorization to use such Prior Invention in the manner it is used and such use will not infringe any right of any company,
entity or person and, in such a circumstance, each member of the Company Group is hereby granted and shall have a nonexclusive,
royalty-free, sublicensable, transferable, irrevocable, perpetual, worldwide license to make, have made, modify, use, sell and
otherwise exploit such Prior Invention as part of or in connection with such product, process or machine. I agree to indemnify
the Company Group and hold it harmless from all claims, liabilities, damages and expenses, including reasonable attorneys fees
and costs for resolving disputes, arising out of or in connection with any violation or claimed violation of a third party’s
rights resulting from any use, sublicensing, modification, transfer, or sale by the Company Group of such a Prior Invention.

 

2.2 
Assignment of Inventions. I agree that I will promptly make full written disclosure to the Company, will hold
in trust for the sole right and benefit of the Company, and hereby assign to the Company, or its designee, all my right, title,
and interest in and to any and all inventions, designs, original works of authorship, processes, formulas, computer software programs,
databases, mask works, developments, concepts, improvements or trade secrets, whether or not patentable or registrable under patent,
copyright, circuit layout design or similar laws in the People’s Republic of China (“PRC”) or anywhere
else in the world, which I may solely or jointly conceive or develop or reduce to practice or cause to be conceived or developed
or reduced to practice, during the period of time I am in the employ of the Company (whether or not during business hours) that
are either related to the scope of my employment with the Company or make use, in any manner, of the resources of the Company Group
(collectively referred to as “Inventions”). I acknowledge that the Company shall be the sole owner of all rights,
title and interest in the Inventions created hereunder. In the event the foregoing assignment of Inventions to the Company is ineffective
for any reason, each member of the Company Group is hereby granted and shall have a royalty-free, sublicensable, transferable,
irrevocable, perpetual, worldwide license to make, have made, modify, use, sell and otherwise exploit such Inventions as part of
or in connection with any product, process or machine. I also hereby forever waive and agree never to assert any and all rights
I may have in or with respect to any Inventions even after termination of my employment with the Company. I further acknowledge
that all Inventions created by me (solely or jointly with others), to the extent permitted by applicable law, are “works
made for hire” or “inventions made for hire,” as those terms may be defined in the PRC Copyright Law, the PRC
Patent Law and the Regulations on Computer Software Protection, respectively, and all titles, rights and interests in or to such
Inventions are or shall be vested in the Company.

 

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2.3 
Remuneration. I agree that the remuneration received by me pursuant to my employment agreement with the Company
includes any bonuses or remuneration which I may be entitled to under applicable PRC law for any “works made for hire,”
“inventions made for hire” or other Inventions assigned to the Company pursuant to this Agreement.

 

2.4 
Maintenance of Records. I agree to keep and maintain adequate and current written records of all Inventions.
The records will be in the form of notes, sketches, drawings, and any other format that may be specified by the Company. The records
will be available to and remain the sole property of the Company at all times.

 

2.5 
Patent and Copyright Registrations. I agree to assist the Company, or its respective designees, at the expense
of the Company, in every proper way to secure the Company’s rights in the Inventions in any and all countries, to further
evidence, record and perfect any grant or assignment by me of the Inventions hereunder and to perfect, obtain, maintain, enforce
and defend any rights so granted or assigned, including the disclosure to the Company of all pertinent information and data with
respect thereto, the execution of all applications, specifications, oaths, assignments and all other instruments which the Company
shall deem necessary in order to apply for and obtain such rights and in order to assign and convey to the Company, its successors,
assigns and nominees the sole and exclusive rights, title and interest in and to such Inventions. I further agree that my obligation
to execute or cause to be executed, when it is in my power to do so, any such instrument or papers shall continue after the termination
of this Agreement. If the Company is unable because of my mental or physical incapacity or for any other reason to secure my signature
to apply for or to pursue any application for any patents or copyright registrations covering Inventions or original works of authorship
assigned to the Company as set forth above, then I hereby irrevocably designate and appoint the Company and its duly authorized
officers and agents as my agent and attorney in fact, to act for and in my behalf and stead to execute and file any such applications
and to do all other lawfully permitted acts to further the prosecution and issuance of letters patent or copyright registrations
thereon with the same legal force and effect as if executed by me.

 

3.     
Notification of New Employer. In the event that I leave the employ of the Company,
I hereby grant consent to notification by the Company to my new employer about my rights and obligations under this Agreement.

 

4.     
Representations. I agree to execute any proper oath or verify any proper document
required to carry out the terms of this Agreement. I represent that my performance of all the terms of this Agreement will not
breach any agreement to keep in confidence proprietary information acquired by me in confidence or in trust prior to my employment
by the Company. I have not entered into, and I agree I will not enter into, any oral or written agreement in conflict herewith.

 

    3 

     

    

 

5.     
Arbitration and Relief.

 

5.1 
Arbitration. I AGREE THAT ANY DISPUTE OR CONTROVERSY ARISING OUT OF, RELATING TO, OR CONCERNING ANY INTERPRETATION,
CONSTRUCTION, PERFORMANCE OR BREACH OF THIS AGREEMENT, SHALL BE SUBMITTED TO THE Beijing Arbitration Commission FOR ARBITRATION.
THE ARBITRATION SHALL BE CONDUCTED IN BEIJING IN ACCORDANCE WITH THE THEN APPLICABLE ARBITRATION RULES OF BEIJING Arbitration Commission.
IF PERMITTED BY Beijing Arbitration Commission. THERE SHALL BE THREE (3) ARBITRATORS. ONE ARBITRATOR SHALL BE SELECTED BY
THE COMPANY; ONE ARBITRATOR SHALL BE SELECTED BY ME; AND THE THIRD ARBITRATOR EITHER SHALL BE ASSIGNED BY BEIJING Arbitration Commission
OR BE MUTUALLY SELECTED BY THE COMPANY AND ME. THE ARBITRATOR(S) MAY GRANT INJUNCTIONS OR OTHER RELIEF IN SUCH DISPUTE OR CONTROVERSY.
THE ARBITRATION AWARD SHALL BE FINAL, CONCLUSIVE AND BINDING ON THE PARTIES TO THE ARBITRATION. FOR THE PURPOSES OF ENFORCEMENT,
JUDGMENT MAY BE ENTERED ON THE ARBITRATION AWARD IN ANY COURT HAVING JURISDICTION. THE COMPANY AND I SHALL EACH PAY ONE-HALF OF
THE COSTS AND EXPENSES OF SUCH ARBITRATION, AND EACH OF US SHALL SEPARATELY PAY OUR COUNSEL FEES AND EXPENSES.

 

5.2 
Relief. I agree that it would be impossible or inadequate to measure and calculate the Company’s damages
from any breach of the covenants set forth herein. Accordingly, notwithstanding Section 5(a) above, I agree that if I breach (or
threaten a breach of) this Agreement, the Company will have available (to the extent allowed by applicable law), in addition to
any other right or remedy available, the right to obtain an injunction from a court of competent jurisdiction restraining such
breach or threatened breach and to specific performance of any such provision of this Agreement.

 

6.     
General Provisions.

 

6.1 
Terms and Conditions of Employment. I acknowledge that the terms and conditions of my employment with the
Company are provided for in a separate employment agreement between me and the Company and no provision of this Agreement shall
be construed as conferring upon me a right to be an employee of the Company.

 

6.2 
Governing Law. This Agreement will be governed by the laws of the PRC.

 

6.3 
Entire Agreement. This Agreement sets forth the entire agreement and understanding between the Company and
me relating to the subject matter herein and merges all prior discussions between us. No modification of or amendment to this Agreement,
nor any waiver of any rights under this Agreement, will be effective unless in writing signed by the party to be charged. Any subsequent
change or changes in my duties, salary or compensation will not affect the validity or scope of this Agreement.

 

6.4 
Waiver and Severability. The waiver of a breach of any provision of this Agreement shall not operate or be
construed as a waiver of any other or subsequent breach. If any provision of this Agreement is held to be invalid, void or unenforceable,
the remaining provisions shall nevertheless continue in full force and effect without being impaired or invalidated in any way.

 

6.5 
Successors and Assigns. This Agreement will be binding upon my heirs, executors, administrators and other
legal representatives and will be for the benefit of the Company Group, its successors, and its assigns. The Company may assign
its rights and obligations under this Agreement to a third party.

 

6.6 
Language. This Agreement may be written in the Chinese language and in the English language. In the event
there is any conflict or inconsistency between the English version and the Chinese version of this Agreement, the English version
shall prevail.

 

6.7 
Application of this Agreement. I hereby agree that my obligations set forth in Sections 1 and 2 under this
Agreement and the definitions of “Confidential Information” and “Inventions” contained therein shall be
equally applicable to any work performed by me, and any Confidential Information and Inventions relating thereto, for the Company
prior to the execution of this Agreement. 

 

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

 

    4 

     

    

 

This Confidential
Information and Invention Assignment Agreement aremade effective as of the date on which I began my employment with the Company. 

 

 

	 	Signature
	 	 
	 	Employee Name (typed or printed)
	 	 
	 	Date
	 	 
	 	Signature
	 	 
	 	Company Representative (typed or printed)
	 	 
	 	Date

 

 

	Signature	 

Witness Name (typed or printed)

 

Date

 

SIGNATURE PAGE
TO CONFIDENTIAL INFORMATION AND

INVENTION ASSIGNMENT AGREEMENT (PRC EMPLOYEES)

  

     

     

    

 

EXHIBIT
A

LIST OF PRIOR INVENTIONS

 

	
        Title
	
        Date
	
        Identifying
Number

or Brief Description

	 	 	 
	 	 	 
	 	 	 
	 	 	 

  

	
        ______ No inventions or
        improvements

        ______ Additional Sheets Attached

         

        Signature of Employee:
        ________________

        Print Name of Employee:____

        Date: ____________

         

         

 

     

     

    

 

EXHIBIT B

 

Puhui Wealth Investment Management (Beijing) Co.,Ltd.

TERMINATION CERTIFICATION

 

This is to certify that I do not have in
my possession, nor have I failed to return, any devices, records, data, notes, reports, proposals, lists, correspondence, specifications,
drawings, blueprints, sketches, materials, equipment, other documents or property, or reproductions of any aforementioned items
belonging to Puhui Wealth Investment Management (Beijing) Co.,Ltd. (the “Company”), its subsidiaries, parent companies,
affiliates, successors or assigns (together, the “Company Group”).

 

I further certify that I have complied
with all the terms of the Company’s Confidential Information and Invention Assignment Agreement signed by me, including the
reporting of any inventions and original works of authorship (as defined therein), conceived or made by me (solely or jointly with
others) covered by that agreement.

 

I further agree that, in compliance with
the Confidential Information and Invention Assignment Agreement, I will preserve as confidential all trade secrets, confidential
knowledge, data or other proprietary information relating to products, processes, know-how, designs, formulas, developmental or
experimental work, computer programs, databases, other original works of authorship, customer lists, business plans, financial
information or other subject matter pertaining to any business of the Company Group, its affiliates or any of their employees,
clients, consultants or licensees.

 

I further agree that for twenty-four (24)
months from this date, I will not hire any employees of the Company Group and I will not solicit, induce, recruit or encourage
any of the Company Group’s employees to leave their employment.

 

	
        Date:
	 
	 	 
	 	
        

        (Employee’s Signature)

        

         

        (Type/Print Employee’s Name)

        

 

     

     

    

 

Appendix
III Non-Competition Agreement

 

PARTIES TO THE CONTRACT

 

The Parties of this Non-competition Agreement
(hereinafter the “Agreement”) are:

 

1. Puhui
Wealth Investment Management (Beijing) Co.,Ltd., with its legal address at Room 2, Floor 10, Building W3, Oriental plaza, No. 1,
Changan Street, Dongcheng District, Beijing, China (hereinafter referred to as “Party A” or the “Company”);

 

		2.	Ji Zhe an individual with PRC ID number is  : 110103197909091816 and residential address is : Rm. 6,No.72 Shazikou St,Chongwen District,
Beijing (hereinafter referred to as “Party B” or the “Employee”).

 

Each party is hereinafter individually
referred to as a “Party” and collectively as the “Parties”.

 

WHEREAS, Party A is a limited liability
company established in Beijing, People’s Republic of China (“PRC” or “China”) and has signed an employment
contract with Party B;

 

WHEREAS, Party A wishes to protect its
confidential information and to prevent illegal using of skills, knowledge, experience, ideas and influence obtained during Party
B’s assignment to the Company for the benefit of a competitor of Party A;

 

WHEREAS, Party B is willing to enter into
an agreement to provide such protection to the Company upon the term and conditions set forth in this Agreement.

 

NOW, the Parties agree as follows:

 

		1.	NON-COMPETITION

 

		1.1	Party B agrees that, during the term of his employment with the Company
and for a period of twenty-four (24) months immediately following the termination of his employment relationship with the Company
for any reason, whether with or without good cause or for any or no cause, he shall not, without the prior written consent of the
Company, directly or indirectly (including, without limitation, through any existing or future Affiliate (as defined below)), perform
any of the following actions:

 

(a)       engage
in research, development, manufacture, licensing, marketing, distribution or sale of any existing or future products or services
relating to the Business(as defined below;

 

(b)       have
any ownership interest in, manage, operate, control, be connected with as a stockholder (except as permitted by Section 1.2), joint
venture, officer, director, agent, representative, partner or employee of, or consultant to, or otherwise engage or invest or participate
in, the Business or any person or entity that engages in the Business in the Territory (as defined below), or competes with the
Business in the Territory;

 

(c)       accept
any business relating to the Business from any existing or prospective Business customer of the Company or any of its existing
or future Affiliates engaged in the Business, or solicit or knowingly encourage any such customer to terminate or adversely alter
any relationship with respect to the Business such person may have with the Company or any of its existing or future Affiliates
engaged in the Business; and

 

    1 

     

    

 

(d)       market,
sell, distribute, endorse or promote, any products or services that are competitive with products or services of the Business.

 

		1.2	Consistent with the foregoing provisions of Section 1.1, Employee may
own (solely as a passive investor) securities in any publicly-held corporation that may be engaged in the Business, but only to
the extent Employee does not own, of record or beneficially, an aggregate of one percent (1%) or more of the outstanding beneficial
ownership of such corporation.

 

		1.3	“Affiliate”, as used herein, means, with respect to any
person or entity, any person or entity directly or indirectly controlling, controlled by or under direct or indirect common control
with such other person or entity.

 

		1.4	“Business”, as used herein, includes, (i) all past and
current products and services sold or provided by the Company or any of its Affiliates, (ii) all products and services sold or
provided by the Company or any of its Affiliates, and (iii) all products under development by the Company or any of its Affiliates.

 

		1.5	“Territory”, as used herein, means the People’s
Republic of China.

 

		1.6	Subject to Party B’s full compliance with this Agreement, the
Company shall pay to Party B a monthly compensation of one fifth of the base salary as listed in Article 3.1 of the Employment
Contract until the earlier of (i) the end of the Non-Competition Period, and (ii) the date on which the Company decides not to
enforce this Agreement by notifying Party B in writing thereof.

 

		2.	REMEDIES

 

Party B acknowledges and agrees
that any actual or threatened breach of any of the provisions may cause irreparable harm to Party A. Party A shall be entitled
to seek all applicable relief and remedies for a breach by Party B including, but not limited to, specific performance of any provision
of this Agreement, damages and / or injunctive relief including (without limitation) an injunction to restrain Party B or others
from using or disclosing, in whole or in part, directly or indirectly, any Confidential Information.

 

		3.	REPRESENTATIONS

 

Party B represents that he/she:

 

		(i)	is familiar with the covenants to keep confidential, not to compete
and not to solicit set forth in this Agreement,

 

		(ii)	is fully aware of his or her obligations hereunder, including, without
limitation, the length of time, scope and geographic coverage of these covenants,

 

    2 

     

    

 

		(iii)	finds the length of time, scope and geographic coverage of these
covenants to be reasonable, and

 

		(iv)	is receiving specific, bargained-for consideration for his or her
covenants not to compete and not to solicit.

 

		4.	GOVERNING LAW

 

This Agreement and the rights
and duties of the Parties hereunder shall be governed by and construed and enforced in accordance with the PRC laws, without regard
to principles of conflicts of laws.

 

		5.	AMENDMENTS

 

This Agreement shall not be changed
or modified in whole or in part except by an instrument in writing signed by each Party hereto.

 

		6.	WAIVER

 

Failure of any Party to enforce
any of its terms, provisions or covenants shall not be construed as a waiver of the same or of the right of such Party to enforce
the same. Waiver by any Party of any breach or default by any other Party of any term or provision of this Agreement shall not
operate as a waiver of any other breach or default.

 

		7.	SEVERABILITY

 

In the event that any one or
more of the provisions of this Agreement shall be held to be invalid, illegal or unenforceable, the validity, legality and enforceability
of the remainder of the Agreement shall not in any way be affected or impaired thereby. Moreover, if any one or more of the provisions
contained in this Agreement shall be held to be excessively broad as to duration, activity or subject, such provisions shall be
construed by limiting and reducing them so as to be enforceable to the maximum extent allowed by applicable law.

 

		8.	EFFECTIVE DATE

 

This Agreement shall become effective
once signed by both Parties.

 

		9.	COUNTERPARTS

 

This Agreement may be executed
in several counterparts, each of which shall be an original, but all of which together shall constitute one and the same agreement.

 

    3 

     

    

 

Execution Page of Appendix III 

 

The Parties are signing this Agreement
as Appendix III of Employment Contract on the date stated in the introductory clause.

  

	
        Party A:

        
	 	
        Party B:

        

 

 

	 	 	 
	
        Signed by Authorized Representative
	 	
        Signed by Employee 

 

    4 

     

    

 

Appendix
IV

 

Puhui
Wealth Investment Management (Beijing) Co.,Ltd.

 

CONFLICT
OF INTEREST GUIDELINES

 

 

 

It is the policy of Puhui Wealth Investment
Management (Beijing) Co.,Ltd., a limited liability company established under the laws of People’s Republic of China (the
“Company”) and its subsidiaries, parent companies, affiliates, successors or assigns (together, the “Company Group”)
to conduct its affairs in strict compliance with the letter and spirit of the law and to adhere to the highest principles of business
ethics. The following are potentially compromising situations which must be avoided. Any exceptions must be reported to the board
of directors of the Company and written approval from the board of directors for continuation must be obtained.

 

 

 

		1.	Revealing confidential information to any third party
or misusing confidential information. Unauthorized divulging of information is a violation of this policy whether or not for personal
gain and whether or not harm to the Company is intended. (The Confidential Information and Invention Assignment elaborates on
this principle and is a binding agreement.)

 

		2.	Accepting or offering substantial gifts, excessive entertainment,
favors or payments which may be deemed to constitute undue influence or otherwise be improper or embarrassing to the Company.

 

		3.	Participating in civic or professional organizations
that might involve divulging confidential information of the Company.

 

		4.	Initiating or approving any form of personal or social
harassment of employees.

 

		5.	Investing or holding outside directorships in suppliers,
customers or competing companies, including financial speculation, where such investment of directorship might influence in any
manner a decision or course of action of the Company,

 

		6.	Borrowing from or lending to employees, customers or
suppliers.

 

		7.	Contracting with relatives or personal friends for providing
services, goods or consulting to the Company.

 

		8.	Improperly using or disclosing to the Company any proprietary
information or trade secrets of any former or concurrent employer or other person or entity with whom obligations of confidentiality
exist.

 

		9.	Unlawfully discussing prices, costs, customers, sales
or markets with competing companies or their employees.

 

		10.	Making any unlawful agreements with distributors with
respect to prices.

 

		11.	Improperly using or authorizing the use of any inventions
which are the subject of patent claims of any other person or entity.

 

		12.	Engaging in any conduct which is not in the best interest
of the Company. Each officer, employee and independent contractor must take every necessary action to ensure compliance with these
guidelines and to bring problem areas to the attention of higher management for review. Violations of this conflict of interest
policy may result in immediate discharge.

 

     - 1
                                                                                     -

     

    

 

I have read, understood and accepted the
provisions of this document.

 

		 

Signed by Employee

 

-
                                                                                 2 -

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