Document:

Exhibit 10.18

 

SECOND AMENDMENT TO DEED OF SETTLEMENT

 

SECOND AMENDMENT
TO DEED OF SETTLEMENT (the “Second Amendment”), dated May 22, 2019, by and among the following:

 

		(1)	Splendid Days Limited, a company with limited liability incorporated under the Laws of the
British Virgin Islands (the “SDL”);

 

		(2)	The9 Limited, an exempted company with limited liability incorporated under the Laws of
the Cayman Islands (the “Company”);

 

		(3)	China The9 Interactive Limited, a company incorporated under the laws of the Hong Kong SAR
( “HKCo 1”);

 

		(4)	GameNow.net (Hong Kong) Limited, a company incorporated under the laws of the Hong Kong
SAR ( “HKCo 2”);

 

		(5)	China The9 Interactive (Shanghai) Limited (九城互动信息技术(上海)有限公司),
a company incorporated under the laws of the PRC, with its registered address at Room 301, No. 3 Building, No. 690 Bibo Road, Pudong
New District, Shanghai, the PRC (“WFOE 1”);

 

		(6)	The9 Computer Technology Consulting (Shanghai) Co., Ltd. (第九城市计算机技术咨询(上海)有限公司),
a company incorporated under the laws of the PRC, with its registered address at Room 103, No. 3 Building, No. 690 Bibo Road, Pudong
New District, Shanghai, the PRC (“WFOE 2”); and

 

		(7)	Shanghai The9 Information Technology Co., Ltd. (上海第九城市信息技术有限公司),
a company incorporated under the laws of the PRC, with its registered address at Room 201, No. 3 Building, No. 690 Bibo Road, Pudong
New District, Shanghai, the PRC (“Operating Company”).

 

The Company, HKCo 1, HKCo 2, WFOE 1, WFOE
2, and the Operating Company are collectively referred to as the “Warrantors” and each of them as a “Warrantor.”

 

WHEREAS

 

A.          SDL
and the Warrantors entered into a Deed of Settlement dated March 11, 2019 (the “Deed”), pursuant to which the
Warrantors agree to use the proceeds of the sale of the equity of WFOE 1, WFOE 2 and NewCo 3 (the “Equity Sale”)
to repay the outstanding amount owed to SDL under the convertible note and warrant purchase agreement, dated November 24, 2015.

 

B.          SDL
and the Warrantors entered into the Amendment to Deed of Settlement dated April , 2019 amending Clause 2.1 of the Deed.

 

C.          In
connection with the Equity Sale, the Company proposes to further amend certain Reorganization steps as set forth herein.

 

D.          To
induce SDL to agree to such amendments, the Warrantors have agreed to provide, jointly and severally the representations, warranties,
indemnities and other agreements as set forth herein.

 

    	 

     

    

 

E.          Capitalized
terms used but not otherwise defined herein shall have the meanings ascribed to them in the Deed.

 

NOW, THEREFORE,
in consideration of the covenants and agreements set forth herein and for other good and valuable consideration, the receipt of
which is hereby acknowledged, SDL and the Warrantors hereby agree as follows:

 

		1.	Amendments

 

1.1         Clause
2.2(b)(iv) of the Deed shall be replaced in its entirety by the following: “consummate the transactions contemplated under
the Equity Sale Agreements, including procuring payment of the applicable consideration from the third party buyer to SDL in full
by July 31, 2019; and”

 

1.2         Clauses
2.3(a)(iii) and 2.3(a)(iv) of the Deed shall be replaced in its entirety by the following: “Third, to the extent there is
any available cash remaining after the payment pursuant to sub-clause (ii) above, the balance of the Sale Proceeds shall, at the
Company’s option, either (x) be distributed to SDL to repay the interest for the CB Principal pursuant to the CB Agreement
and the Notes; or (y) be distributed to SDL and withheld by SDL on behalf of the Company, which amount withheld pursuant to this
sub-clause (y) (the “Deferred Repayment”) shall only be applied to purchase a new office for the Company in
accordance with the terms and conditions set forth in Appendix 1 (“Office Purchase”); provided that the
Deferred Repayment shall not exceed US$6,000,000 (or its equivalent amount in RMB); and provided further that, for the avoidance
of doubt, to the extent there is any available cash remaining after withholding the Deferred Repayment, such balance shall be distributed
to SDL to repay the interest for the CB Principal pursuant to the CB Agreement and the Notes.”

 

		2.	Representation,
Warranty and Indemnity

 

2.1         The
Warrantors jointly and severally represent and warrant to SDL that neither the amendments made in Clause 1 above nor the consummation
of the transactions contemplated thereby will violate or breach or result in a violation or breach of (i) any applicable laws or
(ii) any negative tax, accounting and regulatory compliance consequences with respect to SDL, any Warrantor or their respective
affiliates as compared to the original Reorganization steps set forth in Clause 2 of the Deed prior to the execution of this Second
Amendment.

 

2.2         The
Warrantors shall jointly and severally indemnify and hold harmless SDL against all liabilities, damages, costs and expenses arising
from the amendments made in Clause 1 above or the consummation of the transactions contemplated thereby.

 

		3.	Continuing
Obligations

 

The provisions of the Deed shall, save
as amended by this Second Amendment, continue in full force and effect. For the avoidance of doubt, the representation, warranty
and indemnity provided by the Warrantors in Clause 2 above are in addition to, and not in derogation of, the representations, warranties
and indemnities as set forth in the Deed.

 

		4.	Miscellaneous

 

The provisions under Section 6 (Miscellaneous)
of the Deed are incorporated in this Agreement by reference mutatis mutandis; provided that, references to “this
deed” in such sections shall mean this Second Amendment and references to “Party” or “Parties”
shall mean the party or parties to this Agreement.

 

[Signature Pages Follow]

 

    	- 2 -

     

    

 

IN WITNESS WHEREOF, the Warrantors
and SDL have caused this Second Amendment to be duly executed as of the day and year first written above.

 

	The9 Limited	 
	 	 
	By: 	/s/ George Lai	 
	Name: George Lai	 
	Title: Director	 
	 	 
	China The9 Interactive Limited	 
	 	 
	By:	 /s/ Yong Wang	 
	Name: Yong Wang	 
	Title:	 
	 	 
	GameNow.net (Hong Kong) Limited	 
	 	 
	By: 	/s/ Yong Wang	 
	Name: Yong Wang	 
	Title:	 
	 	 
	China The9 Interactive (Shanghai) Ltd.	 
	九城互动信息技术(上海)有限公司	 
	 	 
	By: 	/s/ Wei Ji                                                  	 
	Name: Wei Ji	 
	Title:	 
	 	 
	The9 Computer Technology Consulting (Shanghai) Co., Ltd. 	 
	第九城市计算机技术咨询(上海)有限公司	 
	 	 
	By: 	/s/ Wei Ji	 
	Name: Wei Ji	 
	Title:	 
	 	 
	Shanghai The9 Information Technology Co., Ltd. 	 
	上海第九城市信息技术有限公司	 
	 	 
	By: 	/s/ Wei Ji	 
	Name: Wei Ji	 
	Title:	 
	 	 
	Splendid Days Limited	 
	 	 
	By: 	/s/ Arthur Lau	 
	Name: Arthur Lau	 
	Title: Authorized SignatoryExhibit 10.19

 

Joint Venture Agreement

 

This agreement was signed by the following parties in Pudong
New District, Shanghai, China, on May 27, 2019.

 

Party A: Shanghai Jiuchang Investment Co., Ltd.

Address: Room 434, 4th Floor, Building 1, No. 458 Fute East
1st Road, China (Shanghai) Pilot Free Trade Zone

Legal representative: Wei Ji

 

Party B: Shenzhen Yupu Leshi Technology Co., Ltd.

Address: East 3rd Floor, Building 3, No. 28, Langshan Road,
North District, Science Park, Xili Street, Nanshan District, Shenzhen

Legal representative: Guofeng Dai 

 

WHEREAS:

 

		1.	Party A is an entity of The9 Limited engaged in business of electric vehicles and upstream and downstream industry chain investment.

		2.	Party B is a global provider of research and development, production, sales and operation platforms for new energy electric
vehicle charging equipment.

 

Both Party A and Party B decided to jointly establish a company
in Shanghai, China, which is mainly engaged in sales of new energy electric vehicle charging equipment, construction, investment,
building and operation of charging stations (hereinafter referred to as the “JV Company”), according to applicable
laws. In accordance with applicable PRC laws and regulations, principles of equality, mutual benefit and consensus, the parties
hereto reached the following terms and conditions on the major matters regarding the establishment and operation of the JV Company,
and agree to be bound by them.

 

1.   Basic
Information of the JV Company, Registered Capital, Capital Contribution,

and Capital Contribution Period

 

1.1 Registered capital of the JV Company: RMB50 million.

 

1.2 Party A shall invest RMB50 million in cash and hold 80%
of the total registered capital of the JV Company; Party B shall hold 20% of the total registered capital of the JV Company and
contribute its existing or future proprietary technology developed by itself or purchased from third parties.

 

     

     

    

 

1.3 JV Company’s name, registered address, registered
capital and timing for its contribution shall be separately agreed by Party A and Party B.

 

2.   Business
Scope and Market Scope

 

2.1 Business scope of the JV Company: technology development,
technology transfer, technical consulting, technical service for new energy vehicle charging equipment, electronic products; entrusted
manufacturing of mechanical and electrical equipment; car rental (excluding passenger cars of more than nine seats); equipment
leasing; technology import and export, import and export of goods, entrusted import and export; computer system services; electric
vehicle charging services; power sales; new energy vehicle charging station construction, operation, investment; construction general
contracting, professional contracting.

 

2.2 The Company’s main business shall be electric vehicle
charging services; power sales; new energy vehicle charging station construction, investment; construction general contracting,
professional contracting. The main products of the JV Company are: home version of AC charging pile, operating version of AC charging
pile, vertical DC charging pile, portable DC pile electric pile, advertising machine charging pile and so on.

 

2.3 It is estimated that in the first year the JV Сompany
will establish 10-20 new energy charging stations, the sales and operation sales of charging piles will be RMB15-20 million; the
number of charging stations will reach 30-50 in the second year, charging sales and operation sales will amount to RMB40-60 million.
According to the JV Company’s sales operation capacity and market demand, product range, the output value and the efficiency
may increase year by year.

 

3.   Parties’
Obligations 

 

3.1 Party A's obligations:

 

(1) be responsible for market expansion and building of new
energy charging stations.

 

(2) be responsible for service operations of the new energy
charging stations.

 

3.2 Party B's obligations:

 

(1) provide the JV Company with the latest set of product design,
quality standards and production processes free of charge to ensure that the quality of the JV Company meets the technical requirements
of relevant national industry.

 

     

     

    

 

(2) provide technical and operational support to the JV Company
free of charge regarding existing or future proprietary technology developed by itself or purchased from third-parties. Party A
will have use rights, not ownership rights, for the current and future proprietary technology.

 

(3) free training of relevant personnel of the JV Company.

 

(4) be responsible for after-sales maintenance service of the
JV Company’s products.

 

4.   Shareholders'
Meeting

 

4.1 The JV Company shall have a Shareholders' Meeting and it
shall be composed of all shareholders. The Shareholders' Meeting possesses the highest authority of the Company.

 

4.2 The Shareholders' Meeting shall exercise the following powers:

 

		(1)	Determine JV Company's business policy and investment plan;

		(2)	Election and replacement of directors who are not employees’ representatives (the directors can only be produced from
the candidates nominated by the parties in accordance with Article 4.1) and supervisors; and decide remuneration matters of the
directors and supervisors;

		(3)	Review and approve report of the board of directors;

		(4)	Review and approve report of the supervisor;

		(5)	Review and approve the JV Company's annual financial budget plan and final settlement plan;

		(6)	Review and approve the JV Company's profit distribution plan and loss recovery plan;

		(7)	A resolution is made on the JV Company's increase or decrease in registered capital;

		(8)	Approve resolutions on matters such as merger, division, change of company form, dissolution and liquidation;

		(9)	Amend the JV Company's articles of association;

		(10)	Other powers as stipulated in the JV Company's articles of association.

 

If the shareholders unanimously agree on the matters listed
in the preceding paragraph in written form, they may not convene a Shareholders’ Meeting and pass their resolutions by signing
and stamping on documents by all shareholders.

 

4.3 All resolutions made by the Shareholders' Meeting must be
passed by shareholders representing more than three-quarters of the voting rights.

 

     

     

    

 

5.   Board
of Directors

 

5.1 The JV Company shall have a Board of Directors consisting
of three members, of which two are appointed by Party A and one director appointed by Party B. The members of the Board of Directors
shall serve for a term of three years and may be re-elected upon expiration of their term of office. The Chairman of the Board
of Directors is appointed by Party A, and the parties agree that the Chairman of the Board acts as the legal representative of
the company.

 

5.2 The Board of Directors is responsible to the Shareholders'
Meeting and shall exercise the following powers:

 

		(1)	Convene Shareholders' Meetings and report to the Shareholders' Meetings;

		(2)	Implement the resolutions of the Shareholders' Meetings;

		(3)	Decide on the JV Company's business plan and investment plan;

		(4)	Formulate the JV Company's annual financial budget plan and final settlement plan;

		(5)	Formulate the JV Company's profit distribution plan and loss recovery plan;

		(6)	Formulate plans for the JV Company to increase or decrease its registered capital and issue corporate bonds;

		(7)	Formulate plans for merger, division, change of company form, and dissolution of the JV Company;

		(8)	Decide on establishment of internal management organization of the JV Company;

		(9)	Decide to appoint or dismiss company’s manager and his remuneration, and decide to appoint or dismiss company's deputy
manager, financial controller according to the manager's nomination, and decide on matters related to their remuneration;

		(10)	Formulate the basic management system of the JV Company;

		(11)	Other powers as stipulated in the JV Company's articles of association.

 

5.3 The Board of Directors' rule of procedure is: all resolutions
made by the Board of Directors shall be passed by more than two-thirds of all directors’ votes.

 

6.   Senior
Management

 

6.1 The JV Company shall have one General Manager, which shall
be recommended by Party B and appointed by the Board of Directors. The General Manager shall be responsible to the Board of Directors
and exercise the following powers:

 

		(1)	Take charge of the production and business operations of the JV Company and execute the resolutions approved by the executive
directors;

		(2)	Organize and implement the JV Company's annual business plan and investment plan;

		(3)	Formulate a plan for establishment of internal management institutions of the JV Company;

		(4)	Formulate basic management system of the JV Company;

		(5)	Formulate specific company regulations;

		(6)	Hire or dismiss the JV Company's financial manager;

 

     

     

    

 

		(7)	Decide on the appointment or dismissal of the responsible management personnel other than those appointed or dismissed by the
executive director; other functions and powers conferred by the executive director.

 

6.2 The appointment and dismissal of other senior management
personnel, chief operating officer, chief technology officer, etc. of the JV Company shall be nominated by the general manager
and approved by the Board of Directors.

 

6.3 The financial manager of the JV Company shall be recommended
by Party A and appointed by the Board of Directors.

 

7.   Supervisors

 

7.1 The JV Company shall have one Supervisor and he shall be
elected by the Shareholders' Meeting. The term of office shall be three years. Upon expiration of the term of office, he may be
re-elected.

 

7.2 Supervisor shall exercise the following powers:

 

		(1)	check the JV Company's finances;

		(2)	Supervise the conduct of directors and senior management personnel in performing company duties, and recommend the removal
of directors and senior management personnel who violate laws, administrative regulations, the JV Company's articles of association
or the resolutions of the Shareholders' Meeting;

		(3)	Require directors and senior management personnel to correct actions when such actions harm interests of the company;

		(4)	Propose to convene an extraordinary Shareholders’ Meeting and preside in the Shareholders' Meeting when directors fail
to perform the legal duties to convene and preside in the Shareholders' Meeting;

		(5)	Submit a proposal to the Shareholders' Meeting;

		(6)	Other powers as stipulated in the company's articles of association.

 

8.   Representations
and Warranties

 

Party A and Party B irrevocably and respectively declare, state
and guarantee to each other as follows:

 

8.1 It is a legally established and valid independent legal
entity/natural person;

 

8.2 It is qualified to engage in cooperation under this Agreement,
and such cooperation is in compliance with provisions of its business scope, it has independent and legal disciplinary powers over
the cooperation matters;

 

     

     

    

 

8.3 Its authorized representative has been fully authorized
to sign this Agreement on its behalf;

 

8.4 execution of this Agreement does not violate any legal documents
binding on it, does not infringe legal rights of any third party, and does not expose the other party to any third party (unless
otherwise agreed in this Agreement).

 

9.   Transfer
and Severability of the Agreement

 

9.1 Unless stated in the relevant provision in the Agreement,
neither party to this Agreement has the right or obligation to transfer any of its rights or obligations under this Agreement to
a third party, in whole or in part, without the prior written consent of the other party. Notwithstanding, the parties agree that
either party may transfer its rights and/or obligations under this Agreement to its subsidiaries and/or affiliates upon written
notice to the other party, provided that other party’s rights and interests under this Agreement will not be adversely affected.

 

9.2 If any provision of this Agreement is deemed to be invalid,
unenforceable or inconsistent with or in conflict with the laws of the People's Republic of China, the remaining provisions shall
remain valid and enforceable. The parties agree that if a provision is found to be invalid, unenforceable or inconsistent with
or in conflict with the laws of the People's Republic of China, the parties will replace the former with a valid and enforceable
provision. This valid provision shall enable the maximum extent of the commercial purposes contemplated by the parties under this
Agreement in the execution of this Agreement.

 

10.   Confidentiality

 

10.1 Without the written permission of the other party, neither
party may disclose content of the terms and conditions, circumstances of signing and performance under this Agreement and any information
of the other party and the other party's affiliates that were obtained through the signing and performance of this Agreement, to
any third party (except as required by laws, regulations, government departments, stock exchanges or other regulatory authorities,
and legal, accounting, commercial and other consultants and authorized employees of both parties).

 

10.2 Party A and Party B shall jointly take all necessary measures
to protect trade secrets obtained from each other through this cooperation and prevent trade secrets from being disclosed, used
or falling into the hands of unauthorized persons.

 

10.3 The party acquiring trade secrets (hereinafter referred
to as the “Receiving Party”) shall not copy or photocopy all or part of such trade secret obtained from the party providing
the trade secret (the “Disclosing Party”) without the authorization of the Disclosing Party or the authorization granted
under this Agreement. Trade secret shall be returned to the Disclosing Party in full after the termination of this Agreement, or
the trade secret shall be destroyed with the written consent of the Disclosing Party.

 

     

     

    

 

10.4 Receiving Party shall only use trade secrets within the
scope of this Agreement. Furthermore, the Receiving Party had caused or will cause the employees and consultants who have been
informed of the trade secrets to sign a confidentiality agreement similar to the provisions of this article of the Agreement, otherwise
the Disclosing Party has the right to be held liable for breach of contract in respect of the breach by the employees and consultants.

 

10.5 Trade secrets referred to in this Article means opinions,
plans and information stored in a variety of tangible or intangible forms, including but not limited to: technical or commercial
information, slogans, copyrighted articles, computer software, source code, targets. Code, technology, know-how, data, marketing
plans, abstracts, reports, mailing lists, and more. However, it does not include: (a) information which one party has already legally
held before the other party disclosed such relevant information and may prove that fact; (b) information generally known to the
public, and specifically refers to the fact that it is not caused by illegal acts; (c) information that became generally known
to the public not because of party’s breach of contract; (d) information that is subsequently legally obtained from another
source and that does not carry confidentiality restrictions; (e) courts or mandatory summoning rights, information that the government
department orders to disclose (however, the party must provide the other party with notice of the order in advance so that the
other party has the opportunity to raise an objection or take other action that can be taken).

 

10.6 If any part of this Agreement is deemed invalid or unenforceable,
it shall not affect the validity of the Confidentiality provisions.

 

10.7 The validity of this Article shall not be affected by the
effective term of this Agreement and shall continue in effect thereafter.

 

11.   Liability
for Breach of Contract

 

11.1 Except as otherwise provided in this Agreement, if any
party directly or indirectly breaches any of the terms of this Agreement, or fails to, does not fully and in a timely manner, undertake
its obligations under this Agreement, this constitutes a breach of contract. Observant party has a right to require, in writing,
the defaulting party to correct its breach of contract and take full, effective and timely measures to eliminate the consequences
of breach of contract, and compensate the observant party for the losses caused by the defaulting party’s breach of contract.
If the defaulting party fails to correct its breach of contract within 15 working days after receiving the above notice of breach
of contract by the observing party, the observing party has the right to terminate this agreement in advance with written notice.

 

     

     

    

 

11.2 After the occurrence of the breach of contract, the observing
party, on the basis of the reasonable and objective judgment, and in case it finds that due to the breach of contract fundamental
goal of this agreement cannot be achieved, it may issue a written notice to terminate this Agreement in advance, and the breaching
party shall compensate observing party for the losses caused by the breach of contract by the breaching party.

 

11.3 If this Agreement is terminated, Party A and Party B shall
set up a working group within 10 days after the termination of this Agreement to liquidate JV Company according to law and go through
the cancellation registration.

 

12.   Force
majeure

 

12.1 “Force Majeure” is an event that cannot be
reasonably controlled, unforeseen or, if foreseen, cannot be overcome, and such event obstructs, affects or delays the performance
of any or all of party’s obligations under the Agreement. The event includes, but is not limited to, government actions,
natural disasters, war or any other similar event.

 

12.2 No party to this Agreement shall be liable for any loss
caused by force majeure and failure or delay in performing any of its obligations under this Agreement. In the event of a force
majeure, the affected party shall immediately notify the other party in the quickest possible manner and issue to the other party
within fifteen (15) days of the occurrence of the force majeure event a document validating the occurrence of the force majeure
event. The party affected by force majeure shall take active and effective measures to minimize the losses caused to the other
party due to the inability or delay of performance of this agreement. The time for one party to delay the performance of its related
obligations due to force majeure shall be the same as the duration of force majeure.

 

13.   Notification

 

13.1 Any notice or written communication between the parties
must be in Chinese and sent by hand (including express courier), registered mail or email.

 

13.2 Unless otherwise notified in writing, all notices and communications
should be sent to the appropriate mailing address:

 

Party A: Shanghai Jiuchang Investment Co., Ltd.

 

Address: Building 3, No. 690, Bibo Road, China (Shanghai) Pilot
Free Trade Zone

 

Postal code: 201203

 

Email:

 

Recipient: Wei Ji

 

     

     

    

 

Party B: Shenzhen Yupu Leshi Technology Co., Ltd.

 

Address: 3rd Floor, Building 3, No. 28, Langshan Road, North
District, Science Park, Xili Street, Nanshan District, Shenzhen

 

Postal code:

 

e-mail:

 

Recipient:

 

13.3 If the notice and the delivery of the letter are in the
form of an e-mail, the time when the e-mail enters the e-mail system designated by the recipient is deemed to have been served;
if it is delivery by hand (including express delivery) – the date when receiving party signed delivery bill; if it is sent
by registered mail, the receipt issued by the post office shall be used as the basis, and the delivery date shall be the fifth
(5) working day from the date of sending.

 

14.   Dispute
Resolution and Applicable Law

 

14.1 The law of the People's Republic of China shall apply to
the conclusion, validity, interpretation, performance, modification and termination of this Agreement and the resolution of disputes.

 

14.2 Any dispute arising out of the interpretation and performance
of this Agreement shall be resolved by friendly negotiation between the parties. If the dispute remains unresolved within 30 days
after the other party has issued a written notice requesting settlement, any party may submit the dispute to the people's court
of Party A's domicile.

 

14.3 In the event of any dispute or dispute arising from the
interpretation and performance of this Agreement, in addition to the disputed matters, Party A and Party B shall continue to exercise
their respective rights under this Agreement and perform their respective other purposes under this Agreement.

 

15.   Supplementary

 

15.1 Party A and Party B agree to negotiate and confirm the
specific matters of the establishment of the JV Company as soon as possible after the signing of this agreement. If the JV Company
fails to be established due to reasons not attributable to either party within 12 months after the signing of this agreement, this
agreement will automatically terminate, the parties will not be liable for breach of contract.

 

     

     

    

 

15.2 This Agreement shall become effective on the date of signing
by both Party A and Party B, and shall cease on December 31, the 20th year from the date of establishment of the JV Company. Within
one month prior to the expiration of this agreement, both parties may negotiate to extend the term of this agreement.

 

15.3 If there are any unfinished matters in the performance
of this agreement, or when the existing contents of this agreement are supplemented, changed or modified due to business development,
the parties shall negotiate and form a supplementary agreement in writing, which shall be effective after being signed and sealed
by both parties. The Supplementary Agreement in force has the same legal effect as this Agreement.

 

15.4 Failure by any party to this Agreement to exercise its
rights under this Agreement shall not be deemed a waiver of the right or affect the party's exercise of that right in the future.

 

15.5 The original form of this Agreement is in duplicate and
each party has the same legal effect.

 

(There is no text below this page) 

 

     

     

    

 

Party A: Shanghai Jiuchang Investment Co., Ltd. (seal)

 

Legal representative / authorized representative (signature)
/s/ Authorized Representative                

 

Party B: Shenzhen Yupu Leshi Technology Co., Ltd (seal)

 

Legal representative / authorized representative (signature)
/s/ Authorized Representative

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