Document:

EX-4.16

 Exhibit 4.16 

Loan Agreement 
 This Loan
Agreement (this “Agreement”) is made and entered into by and between the Parties below as of September 15, 2015 in Beijing, China: 

(1) 
 Beijing
Bitauto Internet Information Co., Ltd. (“Lender”), a wholly foreign owned enterprise, organized and existing under the laws of the PRC, with its address at Beijing New Century Hotel Office Building 6 Flr, No. 6
Beijing Capital Stadium Road South, Haidian District, Beijing, P. R. China; 
 (2) 

Jinsong ZHU (“Borrower”), a citizen of China with Chinese Identification No.:        
; 
 Each of the Lender and the Borrower shall be hereinafter referred to as a “Party” respectively, and as the
“Parties” collectively. 
 Whereas: 

1. 
 As of the date hereof,
Borrower holds 100% of equity interests in Beijing Xinbao Information Technology Co., Ltd. (“Borrower Company”). All of the equity interest now held and hereafter acquired by Borrower in Borrower Company shall be referred to as Borrower
Equity Interest; 
 2. 
 Lender
confirms that it agrees to provide Borrower with a loan which equals to RMB400,000,000 to be used for the purposes set forth under this Agreement. 

After friendly consultation, the Parties agree as follows: 

1 
 Loan 

1.1 
 In accordance with the terms
and conditions of this Agreement, Lender shall provide Borrower with a loan in the amount of RMB400,000,000 (the “Loan”). The term of the Loan shall be long-term. During the term of the Loan, Borrower shall immediately repay the full
amount of the Loan in the event any one or more of the following circumstances occur: 
 1.1.1 

30 days elapse after Borrower receives a written notice from Lender requesting repayment of the Loan; 

  
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 1 

 1.1.2 

Borrower’s death, lack or limitation of civil capacity; 

1.1.3 
 Borrower ceases (for any
reason) to be an employee of Lender, Borrower Company or their affiliates; 
 1.1.4 

Borrower engages in criminal act or is involved in criminal activities; or 

1.1.5 
 According to the
applicable laws of China, foreign investors are permitted to invest in the principle business that is currently conducted by Borrower Company in China with a controlling stake and/or in the form of wholly-foreign-owned enterprises, the relevant
competent authorities of China begin to approve such investments, and Lender exercises the exclusive option under the Exclusive Option Agreement (the “Exclusive Option Agreement”) described in this Agreement. 

1.2 
 Lender agrees to remit the
total amount of the Loan to the account designated by Borrower within 20 days after receiving a written notification from the Borrower regarding the same. Borrower shall provide Lender with a written receipt for the Loan upon receiving the Loan. The
Loan provided by Lender under this Agreement shall inure to Borrower’s benefit only and not to Borrower’s successors or assigns. 

1.3 
 Borrower agrees to accept
the aforementioned Loan provided by Lender, and hereby agrees and warrants using the Loan to pay the registered capital of Borrower Company. Without Lender’s prior written consent, Borrower shall not use the Loan for any purpose other than as
set forth herein. 
 1.4 

Lender and Borrower hereby agree and acknowledge that Borrower’s method of repayment shall be at the discretion of Lender, and shall at
Lender’s option take the form of Borrower’s transferring the Borrower Equity Interest in whole to Lender or Lender’s designated persons (legal or natural persons) pursuant to the Lender’s exercise of its right to acquire the
Borrower Equity Interest under the Exclusive Option Agreement, and any proceeds from the transfer of the Borrower Equity Interest (to the extent permissible) shall be used by the Borrower to repay the Loan to Lender, in accordance with this
Agreement and in the manner designated by Lender. 
 1.5 

Lender and Borrower hereby agree and acknowledge that to the extent permitted by applicable laws, Lender shall have the right but not the
obligation to purchase or designate other persons (legal or natural persons) to purchase Borrower Equity Interest in part or in whole at any time, at the price stipulated in the Exclusive Option Agreement. 

  
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 1.6 

Borrower also undertakes to execute an irrevocable Power of Attorney (the “Power of Attorney”), which authorizes Lender or a legal or
natural person designated by Lender to exercise all of Borrower’s rights as a shareholder of Borrower Company. 
 1.7 

When Borrower transfers Borrower Equity Interest to Lender or Lender’s designated person(s), in the event that the transfer price of such
equity interest equals or is lower than the principal of the Loan under this Agreement, the Loan under this Agreement shall be deemed an interest-free loan. In the event that the transfer price of such equity interest exceeds the principal of the
Loan under this Agreement, the excess over the principal shall be deemed the interest of the Loan under this Agreement payable by Borrower to Lender. 

2 
 Representations and
Warranties 
 2.1 

Between the date of this Agreement and the date of termination of this Agreement, Lender hereby makes the following representations and
warranties to Borrower: 
 2.1.1 

Lender is a corporation duly organized and legally existing in accordance with the laws of China; 

2.1.2 
 Lender has the legal
capacity to execute and perform this Agreement. The execution and performance by Lender of this Agreement is consistent with Lender’s scope of business and the provisions of Lender’s corporate bylaws and other organizational documents, and
Lender has obtained all necessary and proper approvals and authorizations for the execution and performance of this Agreement; and 
 2.1.3

 This Agreement constitutes Lender’s legal, valid and binding obligations enforceable in accordance with its terms. 

2.2 
 Between the date of this
Agreement and the date of termination of this Agreement, Borrower hereby makes the following representations and warranties: 

  
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 3 

 2.2.1 

Borrower has the legal capacity to execute and perform this Agreement. Borrower has obtained all necessary and proper approvals and
authorizations for the execution and performance of this Agreement; 
 2.2.2 

This Agreement constitutes Borrower’s legal, valid and binding obligations enforceable in accordance with its terms; and 

2.2.3 
 There are no disputes,
litigations, arbitrations, administrative proceedings or any other legal proceedings relating to Borrower, nor are there any potential disputes, litigations, arbitrations, administrative proceedings or any other legal proceedings relating to
Borrower. 
 3 
 Borrower’s
Covenants 
 3.1 
 As
and when he becomes, and for so long as he remains a shareholder of Borrower Company, Borrower covenants irrevocably that during the term of this Agreement, Borrower shall cause Borrower Company: 

3.1.1 
 to strictly abide by the
provisions of the Exclusive Option Agreement and the Exclusive Business Cooperation Agreement (“Exclusive Business Cooperation Agreement”) to which the Borrower Company is a party, and to refrain from any action/omission that may affect
the effectiveness and enforceability of the Exclusive Option Agreement and Exclusive Business Cooperation Agreement. 
 3.1.2 

at the request of Lender (or a party designated by Lender), to execute contracts/agreements on business cooperation with Lender (or a party
designated by Lender), and to strictly abide by such contracts/agreements; 
 3.1.3 

to provide Lender with all of the information on Borrower Company’s business operations and financial condition at Lender’s request;

 3.1.4 
 to immediately
notify Lender of the occurrence or possible occurrence of any litigation, arbitration or administrative proceedings relating to Borrower Company’s assets, business or income; 

3.1.5 
 at the request of Lender,
to appoint any persons designated by Lender as directors of Borrower Company; 

  
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 3.2 

Borrower covenants that during the term of this Agreement, he shall: 

3.2.1 
 endeavor to keep Borrower
Company to engage in automobile related financial services; 
 3.2.2 

abide by the provisions of this Agreement, the Power of Attorney, the Equity Interest Pledge Agreement (“Equity Interest Pledge
Agreement”) and the Exclusive Option Agreement to which the Borrower is a party, perform his obligations under this Agreement, the Power of Attorney, the Equity Interest Pledge Agreement and the Exclusive Option Agreement, and refrain from any
action/omission that may affect the effectiveness and enforceability of this Agreement, the Power of Attorney, the Equity Interest Pledge Agreement and the Exclusive Option Agreement; 

3.2.3 
 not sell, transfer,
mortgage or dispose of in any other manner the legal or beneficial interest in Borrower Equity Interest, or allow the encumbrance thereon of any security interest or the encumbrance, except in accordance with the Equity Interest Pledge Agreement;

 3.2.4 
 cause any
shareholders’ meeting and/or the board of directors of Borrower Company not to approve the sale, transfer, mortgage or disposition in any other manner of any legal or beneficial interest in Borrower Equity Interest, or allow the encumbrance
thereon of any security interest, except to Lender or Lender’s designated person; 
 3.2.5 

cause any shareholders’ meeting and/or the board of directors of the Borrower Company not to approve the merger or consolidation of
Borrower Company with any person, or its acquisition of or investment in any person, without the prior written consent of Lender; 
 3.2.6

 immediately notify Lender of the occurrence or possible occurrence of any litigation, arbitration or administrative proceedings relating
to Borrower Equity Interest; 
 3.2.7 

to the extent necessary to maintain his ownership of the Borrower Equity Interest, execute all necessary or appropriate documents, take all
necessary or appropriate actions and file all necessary or appropriate complaints or raise necessary and appropriate defense against all claims; 

  
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 3.2.8 

without the prior written consent of Lender, refrain from any action /omission that may have a material impact on the assets, business and
liabilities of Borrower Company; 
 3.2.9 

appoint any designee of Lender as director of Borrower Company, at the request of Lender; 

3.2.10 
 to the extent permitted
by the laws of China, at the request of Lender at any time, promptly and unconditionally transfer all of Borrower Equity Interest to Lender or Lender’s designated representative(s) at any time, and cause the other shareholders of Borrower
Company to waive their right of first refusal with respect to the share transfer described in this Section; 
 3.2.11 

to the extent permitted by the laws of China, at the request of Lender at any time, cause the other shareholders of Borrower Company to
promptly and unconditionally transfer all of their equity interests to Lender or Lender’s designated representative(s) at any time, and Borrower hereby waives his right of first refusal (if any) with respect to the share transfer described in
this Section; 
 3.2.12 
 in
the event that Lender purchases Borrower Equity Interest from Borrower in accordance with the provisions of the Exclusive Option Agreement, use such purchase price obtained thereby to repay the Loan to Lender; and 

3.2.13 
 without the prior
written consent of Lender, not to cause Borrower Company to supplement, change, or amend its articles of association in any manner, increase or decreases its registered capital or change its share capital structure in any manner. 

4 
 Liability for Default

 4.1 
 If Borrower
conducts any material breach of any term of this Agreement, Lender shall have right to terminate this Agreement and require the Borrower to compensate all damages; this Section 4.1 shall not prejudice any other rights of Lender herein. 

  
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 4.2 

Borrower shall not terminate this Agreement in any event unless otherwise required by applicable laws. 

4.3 
 In the event that Borrower
fails to perform the repayment obligations set forth in this Agreement, Borrower shall pay overdue interest of 0.01% per day for the outstanding payment, until the day Borrower repays the full principal of the Loan, overdue interests and other
payable amounts. 
 5 

Notices 
 5.1 

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 or by facsimile transmission 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: 
 5.1.1 

Notices given by personal delivery, by courier service or by registered mail, postage prepaid, shall be deemed effectively given on the date
of delivery. 
 5.1.2 
 Notices
given by facsimile transmission shall be deemed effectively given on the date of successful transmission (as evidenced by an automatically generated confirmation of transmission). 

5.2 
 For the purpose of notices,
the addresses of the Parties are as follows: 
  

			
	Lender:	  	Beijing Bitauto Internet Information Co., Ltd.
		
	Address:	  	 Beijing New Century Hotel Office Building 6 Flr, No. 6 Beijing

Capital Stadium Road South, Haidian District, Beijing, P. R. China

100044.

		
	Attn:	  	Bin Li
		
	Phone:	  	+8610 6849 2345
		
	Borrower:	  	Jinsong ZHU
		
	Address:	  	 Room 1460, Beijing New Century Hotel Office 3# Building 14 Flr,

No. 6 Beijing Capital Stadium Road South, Haidian District,

Beijing, P. R. China 100044.

		
	Phone:	  	+8610 6849 2345

 5.3 

Any Party may at any time change its address for notices by a notice delivered to the other Party in accordance with the terms hereof. 

  
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 6 

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, directors,
employees, legal counsels or financial advisors regarding the transaction contemplated hereunder, provided that such shareholders, directors, employees, 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 shareholders, director, employees of or agencies engaged by any Party shall be deemed disclosure of such confidential information by such Party and such Party
shall be held liable for breach of this Agreement. 
 7 

Governing Law and Resolution of Disputes 

7.1 
 The execution,
effectiveness, construction, performance, amendment and termination of this Agreement and the resolution of disputes shall be governed by the laws of China. 

7.2 
 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 30 days after either
Party’s request to the other Party for resolution of the dispute through negotiations, either Party may submit the relevant dispute to the China International Economic and Trade Arbitration Commission for arbitration, in accordance with its
then effective arbitration rules. The arbitration shall be conducted in Beijing. The arbitration award shall be final and binding on all Parties. 

7.3 
 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. 

  
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 8 

Miscellaneous 
 8.1

 This Agreement should become effective upon execution by the Parties, and shall expire upon the date of full performance by the Parties of
their respective obligations under this Agreement. 
 8.2 

This Agreement shall be written in both Chinese and English language in two copies, each Party having one copy. In case there is any conflict
between the Chinese version and the English version, the Chinese version shall prevail. 
 8.3 

This Agreement may be amended or supplemented through written agreement by and between Lender and Borrower. Such written amendment agreement
and/or supplementary agreement executed by and between Lender and Borrower are an integral part of this Agreement, and shall have the same legal validity as this Agreement. 

8.4 
 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 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. 

8.5 
 The attachments (if any) to
this Agreement shall be an integral part of this Agreement and shall have the same legal validity as this Agreement. 
 8.6 

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. The provisions of Sections 4, 6, 7 and this Section 8.6 shall survive the termination of this Agreement. 

  
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 IN WITNESS WHEREOF, the Parties have caused their authorized representatives to execute this Loan
Agreement as of the date firs above written. 
  

			
	Lender:	 	Beijing Bitauto Internet Information Co., Ltd. (Seal)
		
	By:	 	 /s/ Bin Li

	Name:	 	Bin Li
	Title:	 	Legal Representative

  
 Signature Page to
Loan Agreement 

 IN WITNESS WHEREOF, the Parties have caused their authorized representatives to execute this Loan
Agreement as of the date firs above written. 
  

			
	Borrower: Jinsong ZHU
		
	By:	 	 /s/ Jinsong Zhu

  
 Signature Page to
Loan AgreementEX-4.17

 Exhibit 4.17 

Exclusive Option Agreement 

This Exclusive Option Agreement (this “Agreement”) is executed by and among the following Parties as of September 15, 2015 in
Beijing, the People’s Republic of China (“China” or the “PRC”): 
  

			
	Party A:	  	Beijing Bitauto Internet Information Co., Ltd., a wholly foreign owned enterprise, organized and existing under the laws of the PRC, with its address at Beijing New Century Hotel Office Building 6 Flr, No. 6 Beijing Capital
Stadium Road South, Haidian District, Beijing, P. R. China;
		
	Party B:	  	Jinsong ZHU, a Chinese citizen with Identification No.:          and
		
	Party C:	  	Beijing Xinbao Information Technology Co., Ltd., a limited liability company organized and existing under the laws of the PRC, with its address at Room 1460, Beijing New Century Hotel Office 3# Building 14 Flr, No. 6 Beijing
Capital Stadium Road South, Haidian District, Beijing, P. R. China.

 In this Agreement, 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: 

1. 
 Party B is a shareholder of Party C and as
of the date hereof holds 100% of equity interests of Party C, representing RMB 400,000,000 in the registered capital of Party C. 
 2. 

Party A and Party B executed a Loan Agreement (“Loan Agreement”) on September 15, 2015, according to which Party A confirmed that it
provided to Party B a loan in amount of RMB 400,000,000 to be used for the purpose of subscribing the registered capital of Party C. 
 Now
therefore, upon mutual discussion and negotiation, the Parties have reached the following agreement: 
 1. 

Sale and Purchase of Equity Interest 

1.1 
 Option Granted 

In consideration of the payment of RMB10 by Party A, the receipt and adequacy of which is hereby acknowledged by Party B, Party B hereby
irrevocably grants Party A an irrevocable and exclusive right to purchase, or designate one or more persons (each, a “Designee”) to purchase the equity interests in Party C then held by Party B once or at multiple times at any time in part
or in whole at Party A’s sole and absolute discretion to the extent permitted by Chinese laws and at the price described in Section 1.3 herein (such right being the “Equity Interest Purchase Option”). 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. 

  
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 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 or the Designee’s decision to exercise the Equity Interest Purchase Option; (b) the portion of equity interests to be purchased by Party
A or the Designee from Party B (the “Optioned Interests”); and (c) the date for purchasing the Optioned Interests or the date for transfer of the Optioned Interests. 

1.3 
 Equity Interest Purchase
Price 
 The purchase price of all equity interests held by Party B in Party C purchased by Party A by exercising the Equity Interest
Purchase Option shall be 400,000,000; if Party A exercises the Equity Interest Purchase Option to purchase part of the equity interests held by Party B in Party C, the purchase price shall be calculated on a pro rata basis. If PRC law requires
a minimum price higher than the aforementioned price when Party A exercises the Equity Interest Purchase Option, the minimum price regulated by PRC law shall be the purchase price (collectively, the “Equity Interest Purchase Price”). 

1.4 
 Transfer of Optioned
Interests 
 For each exercise of the Equity Interest Purchase Option: 

1.4.1 
 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); 

  
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 1.4.2 

Within thirty (30) days after receipt of the Equity Interest Purchase Option Notice by Party B from Party A and/or any Designee (whichever is
applicable), Party B and Party A and/or such Designee (whichever is applicable) shall complete all procedures for Party A’s and/or such Designee’s (whichever is applicable) acquisition of such Optioned Interests and for Party A and/or such
Designee (whichever is applicable) becoming a shareholder of Party C, including without limitation execution of an equity interest transfer contract and any other necessary documents or agreements, adoption of any necessary resolutions, issuance of
any necessary documents by Party C and performance of all relevant procedures; 
 1.4.3 

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, Party B’s Equity Interest Pledge Agreement and Party B’s Power of
Attorney. “Party B’s Equity Interest Pledge Agreement” as used in this Agreement shall refer to the Interest Pledge Agreement executed by and among Party A, Party B and Party C on the date hereof and any modification, amendment
and restatement thereto. “Party B’s Power of Attorney” as used in this Agreement shall refer to the Power of Attorney executed by Party B on the date hereof granting Party A with power of attorney and any modification, amendment and
restatement thereto. 
 1.5 

Payment 
 The Parties have
agreed in the Loan Agreement that any proceeds obtained by Party B through the transfer of its equity interests in Party C shall be used for repayment of the loan provided by Party A in accordance with the Loan Agreement. Accordingly, upon exercise
of the Equity Interest Purchase Option, Party A may offset the Equity Interest Purchase Price through debts and liabilities owed by Party B to Party A (including without limitation the outstanding amount of the loan owed by Party B to Party A). 

  
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 2. 

Covenants 
 2.1 

Covenants regarding Party C 

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

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

2.1.2 
 They shall maintain Party
C’s corporate existence in accordance with good financial and business standards and practices, obtain and maintain all necessary government licenses and permits by prudently and effectively operating its business and handling its affairs; 

2.1.3 
 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 material assets of Party C or legal or beneficial interest in the material business or revenues of Party C of more
than RMB 200,000, or allow the encumbrance thereon of any security interest; 
 2.1.4 

Without the prior written consent of Party A, they shall not incur, inherit, guarantee or suffer the existence of any debt, except for
payables incurred in the ordinary course of business other than through loans; 
 2.1.5 

They shall always operate all of Party C’s businesses in 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; 
 2.1.6 

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 RMB50,000 shall be deemed a major contract); 

  
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 2.1.7 

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

2.1.8 
 They shall provide Party
A with information on Party C’s business operations and financial condition at Party A’s request; 
 2.1.9 

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; 
 2.1.10 

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

2.1.12 
 To maintain the
ownership by Party C of all of its assets, they shall execute all necessary or appropriate documents, take all necessary or appropriate actions, file all necessary or appropriate complaints, and raise necessary or appropriate defenses against all
claims; 
 2.1.13 
 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 
 2.1.14 

At the request of Party A, they shall appoint any person designated by Party A as the director or executive director of Party C. 

2.2 
 Covenants of Party B

 Party B hereby covenants as follows: 

2.2.1 
 Without the prior written
consent of Party A, Party B shall not sell, transfer, 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, except for the interest placed in
accordance with Equity Interest Pledge Agreement entered into by and among the Party A and Party B on September 15, 2015 (the “Equity Interest Pledge Agreement”) and Power of Attorney provided by Party B to Party A on September 15,
2015 (the “Power of Attorney”); 

  
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 5 

 2.2.2 

Without the prior written consent of Party A, Party B shall cause the shareholders’ meeting and/or the directors (or the executive
director) of Party C not to approve any 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,
except for the interest placed in accordance with Equity Interest Pledge Agreement and Power of Attorney; 
 2.2.3 

Without the prior written consent of Party A, Party B shall cause the shareholders’ meeting or the directors (or the executive director)
of Party C not to approve the merger or consolidation with any person, or the acquisition of or investment in any person; 
 2.2.4 

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; 
 2.2.5 

Party B shall cause the shareholders’ meeting or the directors (or the executive director) 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; 

2.2.6 
 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, file all necessary or appropriate complaints, and raise necessary or appropriate defenses
against all claims; 
 2.2.7 

Party B shall appoint any designee of Party A as the director or the executive director of Party C, at the request of Party A; 

2.2.8 
 Party B hereby waives its
right of first of refusal to transfer of equity interest by any other shareholder of Party C to Party A (if any), and gives consent to execution by each other shareholder of Party C with Party A and Party C the exclusive option agreement, the equity
interest pledge agreement and the power of attorney similar to this Agreement, Party B’s Equity Interest Pledge Agreement and Party B’s Power of Attorney and undertakes not to take any action in conflict with such documents executed by the
other shareholders; 

  
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 2.2.9 

Party B shall promptly donate any profit, interest, dividend or proceeds of liquidation to Party A or any other person designated by Party A
to the extent permitted under applicable PRC laws; and 
 2.2.10 

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. To the extent that Party B has any remaining rights with respect to the equity
interests subject to this Agreement hereunder or under the Party B’s Equity Interest Pledge Agreement or under the Party B’s Power of Attorney, Party B shall not exercise such rights except in accordance with the written instructions of
Party A. 
 3. 
 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 and each date of transfer of the Optioned Interests, that: 
 3.1 

They have the power, capacity and authority to execute and deliver this Agreement and any equity interest 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 

Party B and Party C have obtained any and all approvals and consents from government authorities and third parties (if required) for execution,
delivery and performance of this Agreement. 
 3.3 

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; 

  
 Strictly Confidential

  
 7 

 3.4 

Party B has a good and merchantable title to the equity interests held by Party B in Party C. Except for Equity Interest Pledge Agreement
and Power of Attorney, Party B has not placed any security interest on such equity interests; 
 3.5 

Party C is a limited liability company duly organized and validly existing under the laws of the PRC. Party C has a good and merchantable title
to all of its assets, and has not placed any security interest on the aforementioned assets; 
 3.6 

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. 
 3.7 

Party C has complied with all laws and regulations of China applicable to asset acquisitions; and 

3.8 
 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. 
 4.

 Effective Date and Term 

This Agreement shall become effective upon execution by the Parties, and remain effective until all equity interests held by Party B in Party C
have been transferred or assigned to Party A and/or any other person designated by Party A in accordance with this Agreement. 

  
 Strictly Confidential

  
 8 

 5. 

Governing Law and Resolution of Disputes 

5.1 
 Governing law 

The execution, effectiveness, construction, performance, amendment and termination of this Agreement and the resolution of disputes hereunder
shall be governed by the laws of PRC. 
 5.2 

Methods of Resolution of Disputes 

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 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 for arbitration, in accordance with its arbitration rules. The arbitration shall be conducted in Beijing. The arbitration award shall be final and
binding on all Parties. 
 6. 

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. 

 

	7.	

 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 or by facsimile transmission 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: 

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

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

  
 Strictly Confidential

  
 9 

 7.2 

For the purpose of notices, the addresses of the Parties are as follows: 

 

			
	Party A:	 	Beijing Bitauto Internet Information Co., Ltd.
	Address:	 	Beijing New Century Hotel Office Building 6 Flr, No. 6 Beijing Capital Stadium Road South, Haidian District, Beijing, P. R. China
	Attn:	 	Bin Li
	Phone:	 	+8610 6849 2345
		
	Party B:	 	Jinsong ZHU
	Address:	 	Room 1460, Beijing New Century Hotel Office 3# Building 14 Flr, No. 6 Beijing Capital Stadium Road South, Haidian District, Beijing, P. R. China
	Phone:	 	+8610 6849 2345
		
	Party C:	 	Beijing Xinbao Information Technology Co., Ltd.
	Address:	 	Room 1460, Beijing New Century Hotel Office 3# Building 14 Flr, No. 6 Beijing Capital Stadium Road South, Haidian District, Beijing, P. R. China
	Attn:	 	Jingning Shao
	Phone:	 	+8610 6849 2345

 7.3 

Any Party may at any time change its address for notices by a notice delivered to the other Parties in accordance with the terms hereof. 

8. 
 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 other
Parties, 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, directors,
employees, legal counsels or financial advisors regarding the transaction contemplated hereunder, provided that such shareholders, directors, employees, 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 shareholders, director, employees of or agencies engaged by any Party shall be deemed disclosure of such confidential information by such Party and such Party
shall be held liable for breach of this Agreement. 

  
 Strictly Confidential

  
 10 

 9. 

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. 

10. 
 Breach of Agreement

 10.1 
 If Party B or
Party C conducts any material breach of any term of this Agreement, Party A shall have right to terminate this Agreement and/or require the Party B or Party C to compensate all damages; this Section 10 shall not prejudice any other rights of Party A
herein; 
 10.2 
 Party B or
Party C shall not have any right to terminate this Agreement in any event unless otherwise required by applicable laws. 
 11. 

Miscellaneous 
 11.1

 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. 

11.2 
 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. 
 11.3 

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. 

  
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 11 

 11.4 

Language 
 This Agreement
is written in both Chinese and English language in three copies, each Party having one copy. In case there is any conflict between the Chinese version and the English version, the Chinese version shall prevail. 

11.5 
 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. 
 11.6 

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. 

11.7 
 Survival 

11.7.1 
 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. 

11.7.2 
 The provisions of
Sections 5, 8, 10 and this Section 11.7 shall survive the termination of this Agreement. 
 11.8 

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. 

  
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 12 

 IN WITNESS WHEREOF, the Parties have caused their authorized representatives to execute this
Exclusive Option Agreement as of the date first above written. 
  

			
	Party A:	 	Beijing Bitauto Internet Information Co., Ltd. (Seal)
		
	By:	 	 /s/ Bin Li

	Name:	 	Bin Li
	Title:	 	Legal Representative

  
 Signature Page to
Exclusive Option Agreement 

 IN WITNESS WHEREOF, the Parties have caused their authorized representatives to execute this
Exclusive Option Agreement as of the date first above written. 
  

			
	Party B:	 	Jinsong ZHU
		
	By:	 	 /s/ Jinsong Zhu

  
 Signature Page to
Exclusive Option Agreement 

 IN WITNESS WHEREOF, the Parties have caused their authorized representatives to execute this
Exclusive Option Agreement as of the date first above written. 
  

			
	Party C:	 	Beijing Xinbao Information Technology Co., Ltd. (Seal)
		
	By:	 	 /s/ Jingning Shao

	Name:	 	Jingning SHAO
	Title:	 	Legal Representative

  
 Signature Page to
Exclusive Option Agreement

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