Document:

Exhibit 10.3

 

Exclusive Consulting and Service Agreement

 

THIS EXCLUSIVE CONSULTATION AND SERVICES AGREEMENT
(hereinafter referred to as “Agreement”) is entered into as of [October 1, 2021 ], in [Beijing ], China (hereinafter referred
to as “the Parties”) by and between:

 

Party A: Zhejiang Le Shen Technology Co.

Address: Science and Technology Incubation Park,
Hongqiao Town Industrial Park, Changxing County, Huzhou City, Zhejiang Province

 

Party B: Beijing LeMeng Interactive Technology
Co.

Address: 4th floor 408, Building 51, No. 63 Zhichun
Road, Haidian District, Beijing

 

Whereas.

1. Party A is a foreign-invested enterprise legally
established and validly surviving in the People’s Republic of China, with resources and capabilities for consulting and services;

 

2. Party B is a limited liability company incorporated
in the PRC.

 

3. Party A agrees to provide consultation and
related services to Party B, and Party B agrees to accept the consultation and services provided by Party A.

 

Accordingly, after friendly consultation
and on the principle of equality and mutual benefit, both parties reach the following agreement for compliance.

 

1. Consulting and services: exclusive and exclusive
rights and interests

 

1.1 During the term of this Agreement, we agree
to provide the Consulting and Services to you as your exclusive provider of Consulting and Services on the terms of this Agreement (see
Annex 1 for details).

 

1.2 Party B agrees to accept the consultation
and services provided by Party A during the validity period of this agreement. Taking into account the value of the consulting and services
provided by Party A and the good cooperative relationship between the two parties, Party B further agrees that, unless Party A agrees
in writing in advance, during the period of this agreement, Party B will not accept any third party’s involvement in this agreement.
Consulting and services provided by the business scope.

 

1.3 For all rights, ownership, rights and intellectual
property rights (including but not limited to copyrights, patent rights, technical secrets, trade secrets and others) arising from the
performance of this agreement, whether it is developed by Party A itself, or Party B uses Party A’s Consulting and services are
self-developed, developed by Party B based on Party A’s intellectual property rights, or Party A based on Party B’s intellectual
property rights, Party A enjoys exclusive and exclusive rights and interests, and Party B shall not claim any rights, ownership, rights
and interests from Party A. intellectual property.

 

     

     

    

 

However, if the Development is carried out by
us on the basis of your Intellectual Property Rights, you shall guarantee that such Intellectual Property Rights are free from any defects,
otherwise you shall be liable for any loss caused to us. If we are thereby liable to any third party for damages, we shall be entitled
to recover all such damages from you after such indemnity is made.

 

If the development is carried out by Party B based
on Party A’s intellectual property rights, Party B shall do its duty of protection in the process of development and shall not damage
Party A’s intellectual property rights, such as the disclosure of patented technology and trade secrets, otherwise Party B shall be liable
for any loss caused to Party A.

 

1.4 In consideration of the good relationship
between the two parties, Party B undertakes that if it wishes to cooperate with other enterprises in any business, it shall obtain Party
A’s consent and Party A or its affiliated companies shall have the right of first cooperation under the same conditions.

 

2. Calculation and Payment of Consulting and Service
Costs (hereinafter referred to as “Service Costs”)

 

2.1 The Parties agree that for each financial
year in which a profit is generated, you shall determine and pay the Service Costs in the manner set out in Annex 2 to this Agreement.

 

2.2 If Party B fails to pay the Service Costs
and other costs in accordance with the provisions of this Agreement, Party B shall pay to Party A a separate liquidated damages of five
ten thousandths of a percentage point per day in respect of the amount in default.

 

2.3 Party A has the right to appoint its employees’
CPAs in China or other countries (hereinafter referred to as “Party A’s Authorized Representatives”) to verify Party
B’s accounts in order to review the calculation methods and calculation methods of service costs, provided that Party A bears its
own expenses. Amount. To this end, Party B shall provide the authorized representative of Party A with the documents, accounts, records,
data, etc. required by the authorized representative of Party A, so that the authorized representative of Party A can audit Party B’s
accounts and determine the amount of service costs. Unless there is a major error, the amount of the service cost shall be the amount
determined by the authorized representative of Party A.

 

2.4 Unless otherwise agreed by the Parties, the
Service cost paid by you to us under this Agreement shall be without any deduction or set-off (e.g. bank charges, etc.).

 

2.5 In addition, you shall pay us the actual expenses
incurred by us in providing the consultation and services under this Agreement, including but not limited to travel, transportation, printing
and postage, in addition to the payment of the Service cost.

 

3. Representations and Warranties

 

3.1 We hereby represent and warrant as follows.

 

3.1.1 Party A is a company legally registered
and validly existing in accordance with the laws of China.

 

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3.1.2 Party A performs this agreement within its
company’s rights and business scope; it has been authorized by the necessary company, and has obtained the consent and approval (if applicable)
of the third party and the government department, and does not violate its binding or Influential legal or contractual restrictions;

 

3.1.3 This Agreement, once signed, shall constitute
a legal, valid, binding and enforceable legal document for Party A.

 

3.2 Party B hereby represents and warrants as
follows:

 

3.2.1 Party B is a company legally registered
and validly existing in accordance with Chinese laws;

 

3.2.2 Party B signs and executes this agreement
within its company’s rights and business scope, has obtained necessary company authorization, and has obtained the consent and approval
of a third party or government department (if applicable), and does not violate its binding Powerful or influential legal or contractual
restrictions;

 

3.2.3 This Agreement, once signed, shall constitute
a legal, valid, binding and enforceable legal document for Party B.

 

4. Confidentiality

 

4.1 Party A and Party B agree to do their best
to the confidential materials and information that they have learned or come into contact with (hereinafter referred to as “confidential
information”. When providing materials and information, the provider of the materials and information shall clearly inform in writing
that they are confidential information.), Adopt all kinds of reasonable confidentiality measures to keep confidential; without the prior
written consent of the confidential information provider, the recipient shall not disclose, give or transfer such confidential information
to any third party (including the merger of the confidential information recipient with the third party, the merger, Directly or indirectly
controlled by a third party).Once this Agreement is terminated, Party A and Party B shall return any documents, materials or software
containing confidential information to the owner or provider of the confidential information, or destroy it with the consent of the owner
or provider, including delete any confidential information from the memory device related to the person, and shall not continue to use
the confidential information. Party A and Party B shall take necessary measures to disclose confidential information only to the employees,
agents or professional consultants of both parties who need to know, and urge such employees, agents or professional consultants to comply
with the confidential business under this agreement. Party A and Party B, employees, agents or professional consultants of both parties
shall sign a specific confidentiality agreement for all parties to comply with.

 

4.2 The above restrictions do not apply to:

 

4.2.1 Information that has become generally available
to the public at the time of disclosure;

 

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4.2.2 Information which, through no fault of ours
or yours, has become generally available to the public after disclosure.

 

4.2.3 Information that we or you can demonstrate
was in its possession prior to disclosure and was not obtained directly or indirectly from another party.

 

4.2.4 Party A or Party B is obliged to disclose
the above confidential information to relevant government departments, securities regulatory authorities, stock exchanges, stock exchange
institutions, etc. in accordance with legal requirements, or Party A or Party B discloses the above confidential information to its direct
legal advisors and financial advisors as necessary for its normal operation.

 

4.3 The Parties agree that these Terms shall survive
any change, release or termination of this Agreement.

 

5. Compensation

 

5.1 Except as otherwise provided in this Agreement,
if you fail to perform or suspend performance of your obligations under this Agreement in full and fails to rectify such failure within
thirty (30) days from receipt of notice from us, or if its representations and warranties are untrue If you fail to perform or suspend
the performance of your obligations under this Agreement, you shall be in breach of this Agreement.

 

5.2 If a party breaches this Agreement or any
representation or warranty made herein, the defaulting party may notify the defaulting party in writing that it is required to cure the
breach within ten days of receipt of the notice, take appropriate measures to effectively and promptly avoid the occurrence of damage,
and continue to perform this Agreement. In case of damage, the breaching party shall compensate the defaulting party in order to enable
the defaulting party to obtain all the rights and interests due to it in the performance of the contract.

 

5.3 If, as a result of any breach of this Agreement
by either party, the other party incurs any expense, liability or suffers any loss (including, without limitation, loss of profits of
the Company), the breaching party shall indemnify the defaulting party against any such expense, liability or loss (including, without
limitation, interest paid or lost as a result of the breach and attorneys’ costs). The total amount of compensation to be paid by the
defaulting party to the defaulting party shall be the same as the loss incurred as a result of such default, and said compensation shall
include the benefits that the defaulting party shall receive as a result of performance, provided that such compensation shall not exceed
the reasonable expectations of the parties to the Agreement.

 

5.4 If Party B does not follow Party A’s
instructions, or due to improper use of Party A’s intellectual property rights or improper technical operations, which causes any
person to file a claim for this, Party B shall bear full responsibility. If Party B finds that anyone uses Party A’s intellectual
property rights without legal authorization, Party B shall immediately notify Party A and cooperate with any actions taken by Party A.

 

5.5 In the event of a breach of this Agreement
by both parties, the amount of compensation payable by each party shall be determined by the extent of the respective breach.

 

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6. Entry into force, performance and validity

 

6.1 This Agreement shall be executed on the date
indicated at the beginning of the text and shall become effective simultaneously.

 

6.2 This Agreement shall remain in effect for
a long period of time unless we request in writing to cancel or terminate this Agreement.

 

7. Termination

 

7.1 During the term of this Agreement, Party B
shall not terminate this Agreement earlier.

 

7.2 This Agreement may be terminated by mutual
agreement.

 

7.3 If Party A requests in writing to terminate
this Agreement, this Agreement shall be terminated from the date Party B receives written notice from Party A.

 

7.4 Upon termination of this Agreement, the rights
and obligations of the Parties under Article 4 and Article 5 shall continue to be effective.

 

8. Dispute Resolution

 

8.1 In the event of a dispute between the Parties
regarding the interpretation and performance of the terms of this Agreement, the Parties shall negotiate in good faith to resolve such
dispute. If no such negotiation is possible, either party may submit the dispute to the China International Economic and Trade Arbitration
Commission (Beijing) for arbitration in accordance with its arbitration rules in effect at the time. The place of arbitration shall be
Beijing and the language of arbitration shall be Chinese. The arbitral award shall be final and binding on both parties. The provisions
of this Article shall not be affected by the termination or dissolution of this Agreement.

 

8.2 Except for the matters in dispute between
the parties to the Agreement, the parties to the Agreement shall continue to perform their respective obligations in accordance with the
provisions of this Agreement in good faith.

 

9. Force Majeure

 

9.1 “Force Majeure Event” means any
event beyond the reasonable control of a party that could not have been avoided with reasonable care by the affected party, including,
but not limited to, an act of government, force of nature, fire, explosion, storm, flood, earthquake, tidal wave, lightning or war. However,
inadequate credit, funds or financing shall not be deemed to be beyond the reasonable control of a party. A party affected by a Force
Majeure Event seeking to waive performance under this Agreement shall promptly notify the other party of such waiver and the steps it
needs to take to complete performance.

 

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9.2 If the performance of this Agreement is delayed
or prevented by an Event of Force Majeure as defined above, the party affected by the Event of Force Majeure shall have no liability under
this Agreement to the extent of the delay or prevented event. The party affected by the Force Majeure Event shall take appropriate measures
to reduce or eliminate the effects of the Force Majeure Event and shall endeavor to restore performance of its obligations delayed or
prevented by the Force Majeure Event. Once the Force Majeure Event is removed, the Parties agree to use their best efforts to resume performance
under the Agreement.

 

10. Notices

 

Notices from both parties to this Agreement for
the performance of their rights and obligations under this Agreement shall be in writing and sent by personal delivery, registered mail,
postage prepaid mail, an approved courier service, or facsimile transmission to the party concerned or to the following addresses of both
parties to the Agreement.

 

Party A: Zhejiang Le Case Technology Co.

Address: 408 Satellite Building, Zhichun Road,
Haidian District, Beijing

Fax: None

Attn: Zhao Yun

Tel: 18511070508

 

Party B: Beijing LeMeng Interactive Technology
Co.

Address: Satellite Building 408, Zhichun Road,
Haidian District, Beijing

Fax: None

Tel: 18511070508

Attn: Zhao Yun

 

11. Assignment of Agreement

 

Party B shall not assign its rights and obligations
under this Agreement to any third party except with Party A’s prior written consent. Party A may assign its rights and obligations under
this Agreement to its affiliates without Party B’s consent, but Party B shall be notified of such assignment.

 

12. Severability of the Agreement

 

The parties hereby acknowledge that this Agreement
is a fair and reasonable agreement between them on the basis of equality and mutual benefit. If any provision of this Agreement is invalid
or unenforceable because it is inconsistent with applicable law, such provision shall be invalid or unenforceable only to the extent of
the applicable law and shall not affect the legal effect of the other provisions of this Agreement.

 

13.Amendments and Supplements to the Agreement

 

The parties to the agreement shall make modifications
and supplements to this agreement by written agreement. Amendments and supplements to this Agreement duly signed by both parties to the
Agreement are an integral part of this Agreement and shall have the same legal effect as this Agreement.

 

14. Governing Law

 

The execution, validity, performance and interpretation
of this Agreement, and the settlement of disputes shall be governed by and construed in accordance with the laws of the PRC.

 

In consideration of the foregoing, the parties
hereto, by their authorized representatives, have executed this Agreement on the date set forth at the beginning hereof for compliance.

 

[No text below]

 

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[The following is the signature page
of the Exclusive Consulting and Services Agreement without text]

 

	Party A: Zhejiang
    Le Shen Technology Co. Ltd (Seal)
	 
	By:	/s/
    Baohua Feng	 
	Name: 	Baohua Feng	 
	Title:	Authorized Representative	 
	Date:	October 1, 2021	 
	 	 	 

 

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[The
following is the signature page of the Exclusive Consulting and Services Agreement without text]

 

	Party B: Beijing
    LeMeng Interactive Technology Co. (Seal)
	 
	By:	/s/
    Baohua Feng	 
	Name: 	Baohua Feng	 
	Title:	Authorized Representative	 
	Date:	October 1, 2021	 
	 	 	 

 

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Annex 1: List of Consulting and Service Contents

 

	1.	Provide business-related software development and research services.
	 	 

	2.	Provide business-related technical services, applications and implementation, including but not limited
to design, installation and testing of business systems.
	 	 

	3.	Provide daily maintenance support, upgrade, monitoring and troubleshooting of computer network equipment
and other technical services.
	 	 

	4.	Provide business consulting.
	 	 

	5.	Provide customer support and research services.
	 	 

	6.	Provide staff pre-service, on-the-job and technical training services.
	 	 

	7.	Provide technology development and technology transfer services.
	 	 

	8.	Provide public relations services.
	 	 

	9.	Provide market research and consulting services (excluding market research business that is prohibited
by Chinese law for foreign-invested enterprises).
	 	 

	10.	Provide short- and medium-term market development and market planning services.
	 	 

	11.	Provide consulting services related to business compliance.
	 	 

	12.	Provide marketing promotion and planning services related to business operation.
	 	 

	13.	Provide intellectual property licensing.
	 	 

	14.	Provide equipment and leasing.
	 	 

	15.	Provide other management consulting services related to business operations and other business and technical
consulting services.

 

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Annex 2: Calculation of Service Costs and Payment
Methods

 

		1.	The service costs under this Agreement shall be accrued according to Party B’s profit before tax
in the corresponding year after deducting Party B’s losses in the previous year (if any), necessary costs, costs, taxes, and withdrawals
incurred in that year. The remaining amount after the statutory provident fund, etc. Party A has the right to consider the following factors
and determine the amount of service cost and adjust the service cost by issuing a service cost bill to Party B or other written methods,
without Party B’s consent: (a) The technical difficulty provided by Party A and the consultation provided And the complexity of
other services; (B) The personnel invested by Party A to provide consulting and services and the time required for Party A’s technical
personnel to provide such technical services, consulting and other services; (c) Details of the technical services, consulting and other
services provided by Party A Content and commercial value; (d) Market price of the same type of service; (e) Party B’s business
conditions and Party B’s development needs.The above service costs shall be paid by remittance or other means mutually agreed upon
to the bank account designated by Party A after Party A has given payment instructions to Party B. Party A may change such payment instructions
from time to time. Both parties agree that, in principle, the payment of the above service costs should not cause any party’s business
difficulties during the year. For the above purpose, and within the limits of realizing the above principles, Party A has the right to
agree to Party B’s postponement of payment to avoid any financial difficulties of Party B; Party A shall also have the right to make any
other adjustments to the Service cost as it deems reasonable, subject to prior written notice to Party B.

 

		2.	Party B shall provide Party A with the audited consolidated financial statements of Party B in the previous
fiscal year within 120 days after the end of each fiscal year (hereinafter referred to as the “previous fiscal year”). The financial
statements shall be approved by an independent certified public accountant approved by Party A. Audit and provide Party A with all the
financial and other information needed to calculate the service cost for the year; Party A shall determine the service cost for the year
in writing after receiving the aforementioned information provided by Party B, and shall have the right to determine the service cost
for the year. At any time, send written payment instructions to Party B. Party B shall pay to Party A the service costs and other costs
specified in the payment instruction within 30 days after receiving the written payment instruction in accordance with the payment deadline
set forth in the written payment instruction or if the written payment instruction does not specify the payment deadline ( If so, if Party
B fails to pay the service cost and other costs (if any) in full and on time in accordance with the provisions of this agreement, Party
A has the right to require Party B to pay Party A a separate penalty in accordance with this agreement.

 

		3.	If Party A considers that for any reason the agreed service cost determination mechanism in this Annex
is not applicable and needs to be adjusted, Party B shall actively and in good faith negotiate with Party A to determine the new cost
rate or mechanism within ten working days after the date of Party A’s written request to adjust the cost. If Party B does not respond
within ten business days after receiving such notice of adjustment, Party B shall be deemed to have acquiesced in such adjustment of service
charges. Upon Party B’s request, Party A shall also negotiate with Party B to adjust the Service costs.

 

 

10Exhibit 10.4

 

Equity Pledge Agreement

 

THIS EQUITY PLEDGE AGREEMENT (hereinafter referred
to as “this Agreement”) is entered into as of October 1, 2021 in Beijing, China by and between the following parties (hereinafter
referred to as the “Parties”).

 

Party A: Zhejiang LE Shen Technology Co:

91330522MA2JKPG237

Address: Science and Technology Incubation Park,
Hongqiao Town Industrial Park, Changxing County, Huzhou City, Zhejiang Province

 

Party B.

Feng Baohua, ID No.:110103198105090038

Address: 408 Satellite Building, Zhichun Road,
Haidian District, Beijing

 

Shenzhen LeMeng Investment Partnership (limited
partnership), unified social credit code: 91440300MA5DD1QC52

Address: Room 201, Building A, No.1 Qianwan Road
1, Qianhai Hong Kong-Shenzhen Cooperation Zone, Shenzhen (resident in Shenzhen Qianhai Business Secretary Co., Ltd.)

 

Han Bing, ID number: 310101197911132044

Address: 408, Satellite Building, Zhichun Road,
Haidian District, Beijing

 

Ningbo Chunxin Changwin Qiming Investment Center
(Limited Partnership), Uniform Social Credit Code:

Address: 330-2-1 g, Honghai Trade Building, Ningbo
Free Trade Zone

 

Tang Xiwei, ID No.: 440682199207166017

Address: 25/F, Hisense South Building, No. 1777,
Venture Road, Nanshan District, Shenzhen

 

Dongguan Zhongke Zhongguang Venture Capital Co.,
Ltd, Uniform Social Credit Code: 91441900068456872Y

Address: Room 02, 17/F, Hongfa Building, No. 6,
North Exhibition Road, Nancheng District, Dongguan City

 

Tu Haichuan, ID card number: 450103198011172532

Address: No. 30, Xinzhu Road, Qingxiu District,
Nanning, Guangxi, China Weather Cell

 

WHEREAS:

 

1. Party A is a foreign-invested enterprise incorporated
in the People’s Republic of China in accordance with the law and validly subsisting.

 

     

     

    

 

2. Beijing LeMeng Interactive Technology Co. (hereinafter
referred to as “LeMeng Interactive”) is a company incorporated in China with limited liability.

 

3. The parties to Party B are the shareholders of
LeMeng Interactive (collectively, the “Authorized Parties” or “Party B”), among which, Feng Baohua, Shenzhen LeMeng
Investment Partnership (Limited Partnership), Han Bing, Ningbo Chunxin Changwin Qiming Investment Center (Limited Partnership), Tang
Xiwei, Dongguan Zhongke Zhongguang Venture Capital Co.Ltd., Tu Haichuan held 38.97%, 26.00%, 18.13%, 8.59% , 4.99%, 2.77% and 0.55% of
the shares respectively.

 

4. The Exclusive Consulting and Services Agreement
and the Exclusive Purchase Right Agreement dated October 1, 2021 between Party A, Party B parties and LeMun Interactive.

 

5. In order to ensure the normal collection of service
fees under the exclusive consulting and service agreement from LeMeng Interactive owned by Party B and the performance of the exclusive
right to purchase agreement and other agreements, the pledgees separately and jointly pledge all of their equity interests in LeMeng
Interactive as security for the aforesaid agreement, with the pledgee being Party A.

 

Accordingly, the parties to the agreement,
after friendly consultation and on the principle of equality and mutual benefit, reach the following agreement for compliance:

 

1. Definition

Unless otherwise defined in this Agreement, the
following terms shall be construed as follows:

 

1.1 Pledge: means all of the elements listed in
Article 2 of this Agreement.

 

1.2 Equity Interest: 100% of its equity interest
in LeMun Interactive and all present and future rights and interests based on such equity interest legally held jointly by the Pledgor.

 

1.3 Agreements: the Exclusive Consulting and
Services Agreement, the Exclusive Purchase Right Agreement, the Shareholders’ Rights Entitlement Agreement and the Spousal
Consent Letter dated October 1, 2021 among the Parties, LeMeng Interactive and other relevant parties.

 

1.4 Event of Default: means any of the circumstances
set out in clause 7 of this Agreement.

 

1.5 Notice of Default: the notice given by Party
A under this Agreement declaring an Event of Default.

 

2. Pledge

 

2.1 The Pledgor pledges all the equity interests
owned by the Pledgor in LeMun Interactive to Party A as Party A under each Agreement.

 

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2.2 The scope secured by the equity pledge under
this Agreement shall be all costs (including legal costs), expenses and losses payable by LeMeng Interactive and/or the pledgee to Party
A under each agreement, interest, liquidated damages, indemnities, costs of realizing claims, and the liability of LeMeng Interactive
and the pledgee to Party A in the event that each agreement is invalid in whole or in part for any reason.

 

2.3 The pledge right under this Agreement is the
right of Party A to receive the proceeds from the discount, auction or sale of the pledged equity interest of the Pledgee to Party A
in priority.

 

2.4 Unless otherwise expressly agreed by Party A
in writing after the effective date of this Agreement, the pledge under this Agreement shall be released only when LeMun Interactive
and the Pledgee have duly performed all their obligations and responsibilities under the respective agreements and have been approved
by Party A in writing. If at the expiration of the period specified in each Agreement, LeMun Interactive or the Pledgee has not fully
performed all or any part of its obligations or liabilities under such Agreement, Party A shall still have the right of pledge under
this Agreement until such obligations and liabilities have been fully performed in a manner reasonably satisfactory to us.

 

3. Entry into Force

 

3.1 This Agreement shall be effective from the date
of signing by the parties and shall take effect on the date of recording the pledge of equity in the register of shareholders.

 

3.2 In the course of the pledge, if LeMeng Interactive
fails to deliver the service fee in accordance with the exclusive consulting and service agreement or fails to perform any of the terms
under each agreement, after reasonable notice, Party A shall be entitled to exercise the pledge right in accordance with the provisions
of this agreement.

 

4. Possession and Custody of Pledge Documents

 

4.1 The pledgee shall deliver to Party A for safekeeping
the certificate of its equity contribution in LeMun Interactive (the original) within ten business days from the date of this Agreement
or earlier as agreed by the parties, and submit to Party A proof that the pledge under this Agreement has been properly registered in
the register of shareholders, and go through all the approval and registration procedures required by the laws and regulations of the
People’s Republic of China, and submit the The Party shall submit proof that the pledge has been properly registered in the register
of shareholders under this Agreement.

 

4.2 If there are changes in the pledge records and
the records need to be changed according to the law, Party A and Party B shall make the corresponding changes within five working days
from the date of the change of the records and submit the relevant change registration documents.

 

4.3 During the pledge period, the pledgee shall
instruct LeMeng Interactive not to distribute any dividends or bonuses or to adopt any profit distribution plan; if the pledgee shall
obtain any economic benefits of any nature other than dividends, bonuses or other profit distribution plans in respect of the pledged
equity, the pledgee shall, upon Party’s request, instruct LeMeng Interactive to remit the relevant (realized) amount directly to
the bank account designated by us, without PartyA’s prior written consent. The pledgee shall not use the money without PartyA’s
prior written consent.

 

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4.4 During the period of equity pledge, if the pledgee
subscribes to the new registered capital of LeMun Interactive or assigns the equity held by other pledgees (hereinafter referred to as
“New Equity”), such New Equity shall automatically become the new equity under this Agreement. (hereinafter referred to as
“New Equity”), such New Equity shall automatically become the pledged equity under this Agreement, and the Pledgee shall complete
all the procedures required to create a pledge with such New Equity within 10 working days after acquiring the New Equity.

 

5. Representations and Warranties of the Pledgee

 

In signing this Agreement, the Pledgee represents
and warrants to Party A as follows and confirms that Party A is relying on such representations and warranties in signing and performing
this Agreement.

 

5.1 The Pledgee legally holds the Equity Interests
under this Agreement and has the right to provide a pledge of such Equity Interests to Party A.

 

5.2 During the period from the date of this Agreement
to the time when Party A is entitled to the pledge under the provisions of Section 2.4 hereof, at no time shall there be any legal claim
or proper interference from any other party in the event that Party A exercises its rights or realize the pledge under this Agreement.

 

5.3 Party A shall be entitled to exercise the right
of pledge in the manner provided by law, regulation and this Agreement.

 

5.4 Its execution of this Agreement and performance
of its obligations under this Agreement has obtained all necessary corporate authorizations and is not in violation of any applicable
laws and regulations, and the authorized representative signing this Agreement has been legally and validly authorized.

 

5.5 The Equity Interests held by the Pledgee are
not burdened with any other rights or third party security interests of any kind (including, but not limited to, pledges).

 

5.6 There are no civil, administrative or criminal
proceedings, administrative penalties or arbitrations in progress in connection with the Equity Interest, and there are no civil, administrative
or criminal proceedings, administrative penalties or arbitrations that will occur.

 

5.7 There are no unpaid taxes, fees or legal proceedings
or formalities due but not yet completed in connection with the Equity Interest.

 

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5.8 Each provision of this Agreement is an expression
of its true meaning and is legally binding on it.

 

6. Pledge of the Pledgee

 

6.1 During the continuance of this Agreement, the
Pledgee undertakes to fParty A that the Pledgee will:

 

6.1.1 not transfer the Equity Interest, create or
permit the existence of any other encumbrances of rights such as pledges or any form of third party security interests that may affect
the rights and interests of Party A without Party A’s prior written consent, except for the transfer of the Equity Interest to Party
A or Party A’s designee upon Party A’s request.

 

6.1.2 to comply with and enforce all relevant applicable
laws and regulations and, upon receipt of a notice, order or proposal issued or made by the relevant competent authority in respect of
the Pledge, to produce said notice, order or proposal to Party A within five Business Days and to act in accordance with PartyA’s
reasonable instructions.

 

6.1.3 to inform Party A promptly of any event or
notice received which may result in an effect on the rights of the Pledgee’s Equity Interest or any part thereof, and any event or notice
received in relation thereto which may alter any of the Pledgee’s obligations under this Agreement, or which may have an effect on the
Pledgee’s performance of its obligations hereunder, and to act in accordance with PartyA’s reasonable instructions.

 

6.2 The Pledgee agrees that the exercise by Party
A of PartyA’s rights under the terms of this Agreement shall not be interrupted or prejudiced by the Pledgee or the Pledgee’s successors
or assigns or any other person.

 

6.3 The Pledgee warrants to Party A that the Pledgee
will make all necessary amendments to its respective articles or partnership agreement and the articles of association of LeMond Interactive,
as applicable, to protect or perfect the security of the Pledgee and/or LeMond Interactive’s obligations hereunder, and will execute
in good faith, and cause other interested parties to execute, all certificates of title, covenants, and/or performance required by us.
and cause other interested parties to perform the acts required by Party A and to facilitate the exercise of the pledge rights by us,
to execute all documents relating to changes in the equity certificates with Party A or any third party designated by us, and to provide
Party A with all documents relating to the pledge rights within a reasonable period of time as it deems necessary.

 

6.4 The pledgor guarantees to Party A that, for
the benefit of Party A, the pledgor will abide by and perform all guarantees, promises, agreements and statements. If the pledgor fails
to perform or does not fully perform its guarantees, promises, agreements and statements, the pledgor shall compensate Party A for all
losses suffered thereby.

 

    5

     

    

 

7. Events of Default

 

7.1 Any of the following events shall be deemed
an event of default.

 

7.1.1 The failure of LeMeng Interactive, or its
successors or assigns, to pay in full and on time any amounts due under each Agreement, or the failure of the Pledgee or its successors
or assigns to perform its obligations under each Agreement.

 

7.1.2 Any representation, warranty or undertaking
made by the Pledgee in Article 5, Article 6 of this Agreement is materially misleading or incorrect and/or the Pledgee breaches the representations,
warranties or undertakings in Article 5, Article 6 of this Agreement.

 

7.1.3 The pledgor seriously violated any clause
of this agreement.

 

7.1.4 Except as stipulated in 6.1.1 of this agreement,
the pledger abandons the pledged equity or transfers the pledged equity without the written consent of Party A.

 

7.1.5 Any loan, guarantee, indemnity, commitment
or other debt service obligation of the Pledgee itself is required to be repaid or performed in advance or is due but cannot be repaid
or performed as scheduled due to default, such that Party A have reason to believe that the ability of the Pledgee to perform its obligations
under this Agreement has been affected, and in turn affects PartyA’s interests.

 

7.1.6 The pledgee is unable to pay general or other
debts and this affects PartyA’s interests;

 

7.1.7 Cannot continue to perform its obligations
under this Agreement because the enactment of the relevant law makes this Agreement illegal or the Pledgee.

 

7.1.8 If any governmental consent, permit, approval
or authorization required to make this Agreement enforceable or legal or effective is withdrawn, suspended, invalidated or materially
modified.

 

7.1.9 Due to adverse changes in the property owned
by the pledgor, Party A believes that the ability of the pledgor to perform the obligations under this agreement has been affected.

 

7.1.10 Other cases in which Party A cannot exercise
the right to dispose of the pledge in accordance with relevant laws and regulations.

 

7.2 If any of the matters set forth in Section 7.1
above or events that may lead to such matters are known or discovered to have occurred, the outgoing party shall immediately notify Party
A in writing.

 

7.3 Unless the default set forth in this Section
7.1 has been satisfactorily resolved to our satisfaction, Party A may, at any time upon or after the occurrence of an event of default
by the Pledgee, give notice of default in writing to the Pledgee requiring the Pledgee to immediately pay the amounts owing and other
amounts due under the respective agreements or to perform the respective agreements in a timely manner. If, within ten days from the
date of such written notice, the Pledgee or LeMeng Interactive does not promptly cure its default or take necessary remedial actions,
Party A shall be entitled to exercise the right of pledge in accordance with the provisions of Article 8 hereof.

 

    6

     

    

 

8. Exercise of Pledge

 

8.1 Before the expenses and obligations under each
agreement have been fully fulfilled, the pledger shall not transfer the equity without the written consent of Party A.

 

8.2 When Party A exercises the right of pledge,
it shall issue a notice of breach of contract to the pledgor in accordance with the provisions of Article 7.3 of this Agreement.

 

8.3 Subject to the provisions of Article 7.3, Party
A may exercise the pledge right at any time after issuing a notice of breach of contract in accordance with Article 7.3.

 

8.4 Party A shall be entitled to receive priority
payment of all or part of the equity interests under this Agreement in accordance with the legal procedures, or the proceeds of auction
or sale of such equity interests, until the unpaid service fees and all other amounts due under the respective agreements are satisfied
and the respective agreements are fully performed.

 

8.5 When Party A exercises its pledge right in accordance
with this Agreement, the pledgee shall not create obstacles and shall provide necessary assistance to enable Party A to realize its pledge
right.

 

9. Assignment

 

9.1 Except with our prior express written consent,
the Pledgee shall not be entitled to assign any of its rights and/or obligations under this Agreement to a third party.

 

9.2 This Agreement shall be binding on the Pledgee
and its successors and shall be effective against us and its successors or assigns.

 

9.3 Party A may assign all or any of its rights
and obligations under each Agreement to any third party designated by it at any time. In this case, the transferee shall enjoy and bear
the rights and obligations of Party A under this Agreement. And the rights and obligations assumed. When Party A transfers the rights
and obligations under each Agreement, at the request of Party A, the pledgor shall sign relevant agreements and/or documents regarding
the transfer.

 

9.4 When the pledgee changes as a result of the
transfer, the new pledging parties shall sign a new pledge agreement and the pledgee shall be responsible for completing all relevant
registration procedures.

 

    7

     

    

 

10.Costs and other expenses

 

10.1 All costs and expenses relating to this Agreement,
including but not limited to legal fees, capital costs, stamp duty and any other taxes and fees, shall be borne by each party in half.

 

11. Force Majeure

 

11.1 If the performance of this Agreement is delayed
or prevented by any “Force Majeure Event”, the party affected by the Force Majeure Event shall have no liability under this
Agreement with respect to that portion of the delayed or prevented performance only. “Force majeure event” means any event
beyond the reasonable control of a party which could not have been avoided with the reasonable care of the affected party, including,
but not limited to, acts of government, forces of nature, fire, explosion, geographic change, storm, flood, earthquake, tidal wave, lightning,
or war. However, lack of credit, funds or financing shall not be deemed to be a matter beyond the reasonable control of a party. A party
affected by an “event of force majeure” seeking to waive performance under this Agreement or any provision hereof shall notify
the other party of such waiver as soon as possible and advise it of the steps to be taken to complete performance.

 

11.2 The party affected by an event of force majeure
shall not be subject to any liability under this Agreement, but the party seeking to be relieved of such liability shall be relieved
of such performance only to the extent that the affected party uses its best efforts to perform the Agreement and only to the extent
that performance is delayed or prevented. Once the cause of such release has been corrected or remedied, the parties agree to use their
best efforts to resume performance under this Agreement.

 

12. Legal Application and Dispute Resolution

 

12.1 The signing, validity, performance and interpretation
of this Agreement and the settlement of disputes shall be governed by and construed in accordance with the laws of the People’s Republic
of China.

 

12.2 In the event of a dispute between the parties
to this Agreement regarding the interpretation and performance of the terms hereunder, the parties shall resolve such dispute through
negotiation in good faith. In the event that such negotiation fails, either party may submit the dispute to the China International Economic
and Trade Arbitration Commission (Beijing) for arbitration in accordance with its arbitration rules in effect at the time. The place
of arbitration shall be Beijing and the language of arbitration shall be Chinese. The arbitral award shall be final and binding on the
parties.

 

12.3 Except for matters in dispute between the parties,
the parties shall continue to perform their respective obligations in accordance with the provisions of this Agreement in good faith.

 

    8

     

    

 

13. Notices

 

Notices by the parties hereto in the performance
of their rights and obligations hereunder shall be in writing and shall be delivered by personal delivery, registered mail, postage prepaid
mail, recognized courier service, or facsimile transmission to the party or parties concerned at the address set forth below.

 

Party A: Zhejiang Le Shen Technology Co.

Address: 4°8, Satellite Building, Zhichun Road,
Haidian District, Beijing

Fax: None

Tel: 18511070508

Attn: Zhao Yun

 

Party B.

Feng Baohua

Address: 408 Satellite Building, Zhichun Road, Haidian
District, Beijing

Fax: None

Tel: 18601198159

Attn: Feng Baohua

 

Shenzhen LeMeng Investment Partnership (Limited
Partnership)

Address: 408 Satellite Building, Zhichun Road, Haidian
District, Beijing

Fax: None

Tel: 18511070508

Attn: Zhao Yun

 

Han Bing

Address: 408 Satellite Building, Zhichun Road, Haidian
District, Beijing

Fax: None

Tel: 13910019911

Attn: Han Bing

 

Yubo Chunxin Changwin Qiming Investment Center (Limited
Partnership)

Address: Building 9, Shouhui Plaza, Fengtai District,
Beijing

Fax: None

Tel: 13810052490

Attn: Wang Xue

 

Tang Xiwei

Address: 25/F, Hisense South Building, 1777 Venture
Road, Nanshan District, Shenzhen

Fax: No

Tel: 851033338

Attn: Tang Xiyiwei

 

    9

     

    

 

Dongguan Zhongke Zhongguang Investment Co.

Address: 21/F, Guangzhou International Finance Center,
No.5 Zhujiang West Road, Tianhe District, Guangzhou, China Guangdong CGC Investment

Fax: None

Tel: 15919699259

Attn: Qiu Ziyuan .

 

Tu Haichuan

Address: No. 30 Xinzhu Road, Qingxiu District, Nanning,
Guangxi, China Weather Cell

Fax: None

Tel: 13502829514

Attn: Tu Haichuan

 

14. Attachments

 

The attachments listed in this Agreement are an
integral part of this Agreement.

 

15. Waiver

 

PartyA’s failure to exercise or delay in exercising
any right, remedy, power or privilege under this Agreement shall not operate as a waiver of such right, remedy, power or privilege, and
any separate or partial exercise by Party A of any right, remedy, power or privilege shall not preclude the exercise by us of any other
right, remedy, power or privilege. The rights, remedies, powers and privileges set forth in this Agreement are cumulative and do not
exclude the application of any rights, remedies, powers and privileges provided by any law.

 

16. Other

 

16.1 Any amendment, supplement or change to this
Agreement shall be in writing and shall become effective upon signature by the parties.

 

16.2 The parties hereby confirm that this Agreement
is a fair and reasonable agreement between the parties on the basis of equality and mutual benefit. If any provision of this Agreement
is invalid or unenforceable due to inconsistency with applicable law, such provision shall be invalid or unenforceable only to the extent
of the applicable law and shall not affect the legal effect of the other provisions of this Agreement.

 

16.3 This Agreement shall be executed in ten (10)
original copies in Chinese. Each party shall hold one copy and the remaining copies shall be used for the relevant procedures.

 

[No text below]

 

    10

     

    

 

[No
text below, it is the signature page of the Exclusive Purchase Agreement]

 

	Party A:
    Zhejiang Le Shen Technology Co.
	 	 	 
	By:	/s/ Baohua
    Feng	 
	Name: 	Baohua Feng	 
	Title:	Authorized Representative	 
	Date:	October 1, 2021	 

 

    

     

    

 

[No
text below, it is the signature page of the Exclusive Purchase Agreement]

 

	Party B:
    Feng Baohua:
	 	 	 
	By:	/s/ Baohua
    Feng	 
	Name: 	Baohua Feng	 
	Date:	October 1, 2021	 

  

    

     

    

 

[No
text below, it is the signature page of the Exclusive Purchase Agreement]

 

	Party B:
    Shenzhen LeMeng Investment Partnership (Limited Partnership)
	 	 	 
	By:	/s/ Baohua
    Feng	 
	Name: 	Baohua Feng	 
	Title:	Authorized Representative	 
	Date:	October 1, 2021	 

  

    

     

    

 

[No
text below, it is the signature page of the Exclusive Purchase Agreement]

 

	Party B: Han Bing
	 	 	 
	By:	/s/ Han Bing	 
	Name: 	Han Bing	 
	Date:	October 1, 2021	 

  

    

     

    

 

[No
text below, it is the signature page of the Exclusive Purchase Agreement]

 

	Party B:
    Ningbo Chunxin Changwin Qiming Investment Center (Limited Partnership) 
	 	 	 
	By:	/s/ Li Jinyu	 
	Name: 	Li Jinyu	 
	Title:	Authorized Representative	 
	Date:	October 1, 2021	 

  

    

     

    

 

[No
text below, it is the signature page of the Exclusive Purchase Agreement]

 

	Party B: Tang Xiwei
	 	 	 
	By:	/s/ Tang
    Xiwei	 
	Name: 	Tang Xiwei	 
	Date:	October 1, 2021	 

  

    

     

    

 

[No
text below, it is the signature page of the Exclusive Purchase Agreement]

 

	Party B: Dongguan
    Zhongke Zhongguang Venture Capital Co.
	 	 	 
	By:	/s/ Tan
    Bo	 
	Name: 	Tan
    Bo	 
	Title:	Authorized Representative	 
	Date:	October 1, 2021	 

  

    

     

    

 

[No text below, it is the signature page of the
Exclusive Purchase Agreement]

 

	Party B: Tu Haichuan
	 	 	 
	By:	/s/ Tu Haichuan	 
	Name: 	Tu Haichuan	 
	Date:	October 1, 2021

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