Document:

EX-10.6

 Exhibit 10.6 

Second Amended and Restated Equity Interest Pledge Agreement 

This Second Amended and Restated Equity Interest Pledge Agreement (“Agreement”) is made on [Date] in [Name of City], China by
and among the following Parties: 
  

	1.	 Shensi Network Technology (Beijing) Co., Ltd. (“Pledge”), a wholly foreign-owned enterprise
established and validly existing under the laws of China, with the registered address: 2104-A073, No. 9 West North Fourth Ring Road, Haidian District, Beijing. 

 

	2.	 [Name of VIE Shareholder], ID Number: [ID Card Number] (“Pledgor”); and 

 

	3.	 Shenzhen Futu Network Technology Co., Ltd. (“Domestic Company”), registered at: 9th Floor, Unit 3,
Building C, Kexing Science Park, No. 15 Keyuan Road, Middle District of Science and Technology Park, Nanshan District, Shenzhen. 

Whereas, 
  

	(1)	 Pledgor holds    % of the Domestic Company’s equity interest, which is currently free
of pledge or any other burden of rights. 

  

	(2)	 The Pledgee is a wholly foreign-owned enterprise registered in China. The Pledgee, the Domestic Company, the
Pledgor and related parties signed a series of agreements (collectively referred to as “Restructuring Agreements”) listed in Annex I to this Agreement on the same day as the date of signing this Agreement. 

 

	(3)	 As a guarantee that the Pledgor performs all contractual obligations (as defined below), the Pledgor provides a
pledge guarantee to the Pledgee with all the equity owned in the Domestic Company. 

  

	(4)	 The parties intend to sign this Agreement to replace the Amended and Restated Equity Interest Pledge Agreement
signed by the parties on May 27, 2015. 

 Now therefore, upon mutual discussion and negotiation, the Parties have
reached the following agreement: 
  

	1.	 Definition 

Unless otherwise provided herein, the terms below shall have the following meanings: 

 

	 	1.1	 “Contractual Obligations” shall mean all obligations, statements, warranties and undertakings
of the Pledgor and/or the Domestic Company under the Second Amended and Restated Exclusive Option Agreement, the Second Amended and Restated Shareholders’ Voting Rights Proxy Agreement and the Proxy Letter attached, the Second Amended and
Restated Business Operation Agreement and this Agreement. 

  
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	 	1.2	 “Secured Indebtedness” shall mean all direct, indirect and consequential losses and loss of
foreseeable profits suffered by the Pledgee due to any Event of Default of the Pledgor and/or the Domestic Company, and all expenses borne by the Pledgee in connection with enforcement of the Pledgor’s and/or the Domestic Company’s
Contractual Obligations and the Pledge. 

  

	 	1.3	 “Pledge” shall refer to the term set forth in Article 2.1 of this Agreement.

  

	 	1.4	 “Equity Interest” shall refer to all the equity legally held by the Pledgor in the Domestic
Company that may be pledged. 

  

	 	1.5	 “Term of Pledge” shall refer to the term set forth in Article 3.1 of this Agreement.

  

	 	1.6	 “Event of Default” shall refer to any of the circumstances set forth in Article 7.1 of this
Agreement. 

  

	 	1.7	 “Notice of Default” shall refer to the notice issued by the Pledgee in accordance with this
Agreement declaring an Event of Default. 

  

	2.	 The Pledge 

  

	 	2.1	 As collateral security for the full and complete performance of the Contractual Obligation by the Pledgor and
the Domestic Company, the Pledgor hereby pledges to Pledgee the Equity Interest defined in this Agreement, and the Pledgor is entitled to the right and interest of pledge guarantee (“Pledge Right”) and priority of compensation.

  

	3.	 Term of Pledge 

 

	 	3.1	 The Pledge shall become effective on such date when the pledge of the Equity Interest contemplated herein is
registered with the relevant administration for industry and commerce (the “AIC”). The Pledge shall remain effective until all Secured Indebtedness has been fully paid. The Pledgor shall submit filings for registering such Pledge in
the AIC agency where the Domestic Company is located within thirty (30) days following the execution of this Agreement in accordance with relevant laws and regulations of China. 

 

	 	3.2	 During the Term of Pledge, if the Domestic Company or the Pledgor fails to fully perform its Contractual
Obligations under all Restructuring Agreements, or the Event of Default under Article 7.1 of this Agreement occurs, the Pledgee has the right to dispose the Pledge according to this Agreement and the provisions of PRC laws and regulations.

  

	4.	 Custody of Records for Equity Interest subject to the Pledge 

 

	 	4.1	 During the Term of Pledge set forth in this Agreement, the Pledgor shall sign or procure the Domestic Company
to sign the capital contribution certificate, the shareholders’ register, and deliver to the Pledgee’s custody such documents officially signed and the certificate of the Pledge registration from AIC. The Pledgee shall have custody of such
documents during the entire Term of Pledge set forth in this Agreement. 

  
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	 	4.2	 The Pledgee has the right to receive all cash and non-cash benefits
such as all interests and dividends arising from the Equity Interest from the date this Agreement is signed. 

  

	 	4.3	 During the Term of Pledge, if the Pledgor subscribes new registered capital of the Domestic Company or
purchases the equity of the Domestic Company held by other parties, such newly acquired equity will automatically become the Equity Interest under this Agreement, and the Pledgor shall complete the procedures required for the Pledge of such newly
acquired equity within twenty (20) business days after such subscription or purchase. If the Pledgor fails to complete the relevant procedures in accordance with the foregoing provisions, the Pledgee has the right to immediately enforce the
Pledge in accordance with the provisions of this Agreement. 

  

	5.	 Representations and Warranties of the Pledgor 

 

	 	5.1	 Pledgor is the legal owner of the Pledge. 

 

	 	5.2	 At any time, once the Pledgee exercises the rights of the Pledgee under this Pledge Agreement, there should be
no intervention from any other parties. 

  

	 	5.3	 The Pledgee has the right to dispose and transfer the Pledge in the manner prescribed by this Agreement.

  

	 	5.4	 Except the Pledgee, the Pledgor has not placed any other pledge right or any third party right on the equity.

  

	6.	 Covenants of the Pledgor 

 

	 	6.1	 The Pledgor hereby covenants to the Pledgee, that during the term of this Agreement, the Pledgor shall:

  

	 	6.1.1	 without the prior written consent of the Pledgee, the equity shall not be transferred, and any pledge or other
form of security that may affect the rights and interest of the Pledgee shall not be established or permitted to exist; 

  

	 	6.1.2	 comply with the provisions of all laws and regulations applicable to the pledge of rights, and within five
(5) days upon receipt of any notice, order or recommendation issued or prepared by relevant competent authorities regarding the Pledge, shall present the aforementioned notice, order or recommendation to the Pledgee, and shall comply with the
aforementioned notice, order or recommendation or submit objections and representations with respect to the aforementioned matters upon the Pledgee’s reasonable request or upon consent of the Pledgee; 

  
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	 	6.1.3	 Promptly notify the Pledgee of any event or notice received by the Pledgor that may have an impact on the
Pledgee’s rights to the Equity Interest or any portion thereof, as well as any event or notice received by the Pledgor that may have an impact on any guarantee and obligations of the Pledgor, or on the performance of the obligations of the
Pledgor arising out of this Agreement. 

  

	 	6.2	 The Pledgor agrees that the rights acquired by the Pledgee in accordance with this Agreement with respect to
the Pledge shall not be interrupted or harmed by the Pledgor or any heirs or representatives of the Pledgor or any other persons through any legal proceedings. 

 

	 	6.3	 To protect or perfect the security interest granted by this Agreement, the Pledgor hereby undertakes to execute
in good faith and to procure other parties who have an interest in the Pledge to execute all certificates, deeds and/or undertakes to perform and to procure other parties who have an interest in the Pledge to perform actions required by the Pledgee,
to facilitate the exercise by the Pledgee of its rights and authority granted thereto by this Agreement, and to enter into all relevant documents of amendment regarding certificate of the relevant equity with the Pledgee or designee(s) of the
Pledgee (natural/legal persons). The Pledgor undertakes to provide the Pledgee within a reasonable time with all notices, orders and decisions regarding the Pledge that are deemed necessary by the Pledgee. 

 

	 	6.4	 The Pledgor hereby undertakes to comply with and perform all guarantees, promises, agreements, representations
and conditions under this Agreement for the benefit of the Pledgee. In the event of failure or partial performance of its guarantees, promises, agreements, representations and conditions, the Pledgor shall indemnify the Pledgee for all losses
resulting therefrom. 

  

	 	6.5	 The Pledgor hereby undertakes that he/she is jointly and severally liable with other shareholders to the
Pledgee for all the obligations under this Agreement. 

  

	 	6.6	 The Pledgor irrevocably agrees that he/she will waive the right of first refusal when the equity transfer
arises from exercises of the Pledge by the Pledgee, regarding the Equity Interest that other shareholders of the Domestic Company has pledged to the Pledgee. 

 

	7.	 Event of Default 

 

	 	7.1	 The following circumstances shall be deemed an Event of Default: 

 

	 	7.1.1	 The Pledgor or the Domestic Company fails to fully perform his/its Contractual Obligations under all
Restructuring Agreements in accordance with the provisions of the Restructuring Agreements; 

  
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	 	7.1.2	 Any representation or warranty made by the Pledgor in Article 5 of this Agreement contains material
misrepresentations or errors, and/or the Pledgor violates any of the representations and warranties in Article 5 of this Agreement; 

  

	 	7.1.3	 The Pledgor violates the commitments set out in Article 6 of this Agreement; 

 

	 	7.1.4	 The Pledgor breaches any provision of this Agreement; 

 

	 	7.1.5	 Except as stipulated in Article 6.1.1 of this Agreement, the Pledgor abandons the Equity Interest, or transfers
the Equity Interest or disposes it in other ways without the written consent of the Pledgee; 

  

	 	7.1.6	 Any of the Pledgor’s own loans, guarantees, indemnifications, promises or other debt liabilities to any
third party or parties (1) become subject to a demand of early repayment or performance due to default on the part of the Pledgor; or (2) become due but are not capable of being repaid or performed in a timely manner, which lead the
Pledgee to believe that the Pledgor’s ablitiy to perform his/her obligations under this Agreement has been affected; 

  

	 	7.1.7	 the Pledgor cannot repay the general debt or other debts; 

 

	 	7.1.8	 The promulgation of applicable laws renders this Agreement illegal or renders it impossible for the Pledgor to
continue to perform his/her obligations under this Agreement; 

  

	 	7.1.9	 Any approval, license, permit or authorization issued by government agencies that renders this Agreement
enforceable, legal and effective is withdrawn, suspended, invalidated or substantively changed; 

  

	 	7.1.10	 Adverse changes in properties owned by the Pledgor, which lead the Pledgee to believe that that the
Pledgor’s ability to perform its obligations under this Agreement has been affected; 

  

	 	7.1.11	 The successor or custodian of the Domestic Company may only perform part or refuse to perform the payment
obligations under the Exclusive Technology Consulting and Services Agreement; 

  

	 	7.1.12	 Any other circumstances occur where the Pledgee may become unable to exercise its right with respect to the
Pledge according to the laws and regulations. 

  

	 	7.2	 Upon notice or discovery of the occurrence of any circumstances or event that may lead to the aforementioned
circumstances described in Article 7.1, the Pledgor shall immediately notify the Pledgee in writing accordingly. 

  
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	 	7.3	 Unless an Event of Default set forth in this Article 7.1 has been successfully resolved to the Pledgee’s
satisfaction, the Pledgee may issue a Notice of Default to the Pledgor in writing at any time after the occurrence of the Event of Default and demand that the Pledgor immediately pays all outstanding payments due under the Restructuring Agreements,
or perform all or part of the provision under the Restructuring Agreements. If the Pledgor fails to rectify its default or take necessary remedies in a timely manner within ten (10) days upon issuance of such written notice, the Pledgee has the
right to dispose of the Pledge in accordance with this Agreement and the relevant PRC laws and regulations. 

  

	8.	 Exercise of the Pledge 

 

	 	8.1	 Prior to the fully performance of the Restructuring Agreements, without the Pledgee’s written consent, the
Pledgor shall not abandon, transfer or dispose of the Equity Interest in other ways. 

  

	 	8.2	 The Pledgee shall issue a written Notice of Default to the Pledgor when exercising the Pledge.

  

	 	8.3	 Subject to the provisions of Article 7.3, the Pledgee may exercise the right to enforce the Pledge at any time
after the issuance of the Notice of Default. 

  

	 	8.4	 The Pledgee may be repaid in priority out of the proceeds from the conversion, auction or sale of the Equity
Interest pledged hereunder in accordance with legal proceedings until satisfying all Secured Indebtedness. 

  

	 	8.5	 When the Pledgee disposes the pledge according to this Agreement, the Pledgor shall not set obstacles and shall
provide necessary assistance to enable the Pledgee to enforce its pledge. 

  

	 	8.6	 The proceeds obtained by the Pledgee exercising the Pledge shall be dealt with in the following order: First,
pay all the costs arising from the disposition of the Equity Interest and the exercise of the rights and powers by the Pledgee (including remuneration of lawyers and agents); Second, pay the taxes and fees payable for the disposal of the Equity
Interest; Third, repay the Secured Indebtedness to the Pledgee. If there is any balance after deducting the above amount, the Pledgee shall return such balance to the Pledgor or to other persons who have such right in accordance with relevant laws
and regulations or deposit such balance to the notary office where the Pledgee is located (any fee resulting therefrom shall be borne by the Pledgor). The Pledgor shall pay the rest, after the conversion, auctioned or sale of Equity Interest,
provided that such proceeds is insufficient for satisfying the Secured Indebtedness. 

  
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	9.	 Default Liabilities and Indemnity 

 

	 	9.1	 Default Liabilities. The Parties agree and confirm that if any Party hereto (“Breaching
Party”) materially breaches any provision hereof, or materially fails to perform or delays in performing any obligation hereunder, it shall constitute a default hereunder (“Default”), and any of other non-breaching Parties (“Non-breaching Parties”) may request the Breaching Party to make rectification or take remedy within a reasonable time limit. Should
the Breaching Party still fail to make rectification or take remedy within such reasonable time limit or thirty (30) days after the other Party notifies the Breaching Party in writing and requests for rectification, the Non-breaching Parties may request the Breaching Party to pay damages. 

  

	 	9.2	 Indemnity. The Pledgor shall fully indemnify the Pledgee against any loss, damage, liability and/or cost
resulting from any action, claim or other demand made against the Pledgee due to or arising out of the performance of this Agreement, and hold the Pledgee harmless from any loss and damage caused to the Pledgee by any act of the Pledgor or any claim
made by any third party due to the act of the Pledgor. 

  

	10.	 Assignment 

  

	 	10.1	 Without the Pledgee’s prior written consent, the Pledgor shall not give free of charge or assign his/her
rights and obligations under this Agreement. 

  

	 	10.2	 This Agreement shall be binding on the Pledgor and his/her successors, and shall be valid with respect to the
Pledgee and each of its successors and assignees. 

  

	 	10.3	 The Pledgee may at any time assign all or any of its rights and obligations under the Restructuring Agreements
to its designee(s) (natural/legal persons), in which case the assignees shall have the rights and obligations of the Pledgor under this Agreement, as if it were the original party to this Agreement. When the Pledgee assigns the rights and
obligations under the Restructuring Agreements, upon the Pledgee’s request, the Pledgor shall sign relevant agreements or other documents relating to such assignment. 

 

	 	10.4	 In the event of a change in the Pledgee due to an assignment, the new parties in relation to such Pledge should
re-sign the pledge agreement. 

  

	11.	 Termination 

Upon the full performance of the Contractual Obligations or full clearance of the Secured Indebtedness, this Agreement shall be terminated
(whichever is later). 
  

	12.	 Handling Fees and Other Expenses 

 

	 	12.1	 All fees and out of pocket expenses relating to this Agreement, including but not limited to legal costs, costs
of production, stamp tax and any other taxes and fees, shall be borne by the Pledgor. If applicable laws requires that the Pledgee should bear some related taxes and fees, the Pledgor shall fully indemnify the Pledgee such taxes and fees.

  
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	 	12.2	 In the event that the Pledgor fails to pay any tax or fee payable in accordance with the provisions of this
Agreement, or the Pledgee adopts any approach or means of recourse for other cause, the Pledgor shall bear all the expenses in respect thereto (including but not limited to various taxes and fees, commission charges, management fees, legal costs,
attorney fees, various insurance fees, etc.) 

  

	13.	 Governing Law and Resolution of Disputes 

 

	 	13.1	 Applicable Laws. The formation, validity, interpretation, performance of, and the resolution of dispute
arising out of, this Agreement shall be governed by the PRC laws. 

  

	 	13.2	 Dispute Resolution. When a dispute arises between the Parties regarding the interpretation and
performance of the terms and conditions of this Agreement, the Parties shall first resolve the dispute through friendly negotiation. If the Parties fail to settle the dispute within thirty (30) days after the receipt of the written notice of
the other Party’s request, either Party may submit such dispute to China International Economic and Trade Arbitration Commission to be administered in Beijing in accordance with its arbitration rules then in force. The arbitral award shall be
final and legally binding upon the Parties. 

  

	14.	 Change in Law 

Upon effectiveness of this Agreement, if any central or local legislative or administrative authority in the PRC amends any central or local
PRC law, regulation, ordinance or other normative document, including amending, supplementing, repealing, interpreting or publishing implementing methods or rules for any existing law, regulation, ordinance or other normative document (collectively
referred to as the “Amendment”), or issuing any new law, regulation, ordinance or other normative document (collectively referred to as “New Regulation”), the following provisions shall apply: 

 

	 	14.1	 If the Amendment or New Regulation is more favorable to any Party than any applicable law, regulation,
ordinance or other normative document then in force on the effective date of this Agreement (and the other Party will not thus be imposed any material adverse effect), then the Parties shall timely apply to relevant authority (if necessary) for
obtaining the benefits of such Amendment or New Regulation. The Parties shall make every effort to procure the approval of such application. 

  

	 	14.2	 If, due to the Amendment or New Regulation, there is any direct or indirect material adverse effect on the
economic interests of the Pledgee hereunder, and the Parties cannot solve such adverse effect imposed on the economic interests of the Pledgee in accordance with the provisions of this Agreement, then after the Pledgee notifies the other Parties,
the Parties shall timely negotiate to make all requisite amendment to this Agreement to maximally protect the economic interests of the Pledgee hereunder. 

  
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	15.	 Force Majeure 

 

	 	15.1	 “Force Majeure Event” refers to any event that is beyond the reasonable control of a Party and
cannot be prevented with reasonable care of the affected Party, including but not limited to natural disasters, war and riot, provided that, any shortage of credit, capital or finance shall not be regarded as an event beyond the reasonable control
of a Party. In the event that the occurrence of a Force Majeure Event delays or prevents the performance of this Agreement, the affected Party shall not be liable for any obligations hereunder only for such delayed or prevented performance. The
affected Party who seeks to be exempt from the performance obligation under this Agreement or any provision hereof shall inform the other Party, without delay, of the exemption of obligation and the approaches that shall be taken to complete
performance. 

  

	 	15.2	 The Party affected by Force Majeure Event shall not assume any liability hereunder, provided that only when the
affected Party has made all reasonable efforts to perform this Agreement so that such Party who seeks exemption of obligation may be exempted from performing such obligation and only to the extent of the delayed or impeded performance. Once the
cause for such exemption of liability is rectified and remedied, each Party agrees to use its best efforts to resume the performance of this Agreement. 

  

	16.	 Miscellaneous 

 

	 	16.1	 Further Assurance. The Parties agree to promptly execute documents that are reasonably required for or
are conducive to the implementation of the provisions and purpose of this Agreement and take further actions that are reasonably required for or are conducive to the implementation of the provisions and purpose of this Agreement.

  

	 	16.2	 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 supersede all prior oral and written consultations, representations and
contracts reached with respect to the subject matter of this Agreement. 

  

	 	16.3	 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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	 	16.4	 Severability. If any provision of this Agreement is invalid or unenforceable due to inconsistency with
relevant laws, such provision shall be deemed invalid or unenforceable only to the extent where the relevant laws apply, and will not affect the legal validity of other provisions of this Agreement. 

 

	 	16.5	 Waiver. Any Party may waive the terms and conditions of this Agreement, provided that such waiver shall
only become effective if made in writing and agreed and signed by the Parties. No waiver by a Party of the breach by the other Parties in a specific case shall operate as a waiver by such Party of any similar breach by the other Parties in other
cases. 

  

	 	16.6	 Amendment and Supplement of Agreement. The Parties shall amend and supplement this Agreement by a
written instrument. Any amendment and supplement will become an integral part of this Agreement after proper execution by the Parties and have same legal effect as this Agreement. 

 

	 	16.7	 Counterpart. This Agreement shall be written in Chinese and executed in quadruplicate, with each Party
hereto holding one copy, and one for the registration of AIC. 

  

	 	16.8	 Annexes. The annexes listed in this Agreement are an integral part and are not severable.

 From the date of this Agreement be in effective, the Amended and Restated Equity Interest Pledge Agreement signed by
the parties on May 27, 2015 is automatically terminated. 
 [REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK] 

  
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 IN WITNESS WHEREOF, the following Parties have signed this Agreement as of the date first above written.

  

			
	Shensi Network Technology (Beijing) Co., Ltd.
	(Seal: /s/ Shensi Network Technology (Beijing) Co., Ltd.)

			
		
	By:	 	 /s/ Li Hua

			
	Name: LI Hua
	Title: Legal Representative

  

			
	[Name of VIE Shareholder]

			
	By:	 	 /s/ [Name of VIE Shareholder]

  

			
	Shenzhen Futu Network Technology Co., Ltd.
	(Seal: /s/ Shenzhen Futu Network Technology Co., Ltd.)

			
		
	By:	 	 /s/ Li Hua

			
	Name: LI Hua
	Title: Legal Representative

  
 Signature Page to the Amended and
Restated Equity Interest Pledge Agreement 

 The Investment Certificate of Shenzhen Futu Network Technology Co., Ltd. 

It is hereby certified that [Name of VIE Shareholder] (ID number: [ID Card Number]) has paid a total of
RMB                (with the subscription capital contribution of RMB    ) and owns    % of the equity of Shenzhen Futu Network
Technology Co., Ltd., all of which have been pledged to Shensi Network Technology (Beijing) Co., Ltd. 
  

			
	Shenzhen Futu Network Technology Co., Ltd.
	(Seal: /s/ Shenzhen Futu Network Technology Co., Ltd.)

			
		
	By:	 	 /s/ Li Hua

			
	Name: LI Hua
	Title: Legal Representative

 Annex 1 

Restructuring Agreements 
  

	1.	 The Second Amended and Restated Exclusive Technology Consulting and Services Agreement entered into by and
between Shensi Network Technology (Beijing) Co., Ltd. and Shenzhen Futu Network Technology Co., Ltd. on September 28, 2018; 

  

	2.	 The Second Amended and Restated Exclusive Option Agreement entered into by and between Shensi Network
Technology (Beijing) Co., Ltd., Shenzhen Futu Network Technology Co., Ltd., Li Hua and Li Lei on September 28, 2018; 

  

	3.	 The Second Amended and Restated Shareholders’ Voting Rights Proxy Agreement entered into by and between
Shensi Network Technology (Beijing) Co., Ltd., Shenzhen Futu Network Technology Co., Ltd., Li Hua and Li Lei on September 28, 2018; 

  

	4.	 The Second Amended and Restated Equity Interest Pledge Agreement entered into by and between Shensi Network
Technology (Beijing) Co., Ltd., Shenzhen Futu Network Technology Co., Ltd. and [Name of VIE Shareholder] on [Date]; 

  

	5.	 The Second Amended and Restated Business Operation Agreement entered into by and between Shensi Network
Technology (Beijing) Co., Ltd., Shenzhen Futu Network Technology Co., Ltd., Li Hua and Li Lei on September 28, 2018. 

Schedule of Material Differences 
 One or
more persons signed the second amended and restated equity interest pledge agreement using this form. Pursuant to Instruction ii to Item 601 of Regulation S-K, the Registrant may only file this form as an exhibit with a schedule setting forth the
material details in which the executed agreements differ from this form: 
  

					
	 No.
	  	 Name of VIE Shareholder
	  	 Date

			
	1.	  	LI Hua	  	September 28, 2018
			
	2.	  	LI Lei	  	September 28, 2018EX-10.7

 Exhibit 10.7 

Second Amended and Restated Exclusive Technology Consulting and Services Agreement 

This Second Amended and Restated Exclusive Technology Consulting and Services Agreement (this “Agreement”) is made and entered into by and
between the following parties in Beijing, China on September 28, 2018: 
  

	1.	 Shensi Network Technology (Beijing) Co., Ltd., a wholly foreign-owned enterprise registered in China at:
2104-A073, No.9 West North Fourth Ring Road, Haidian District, Beijing (hereinafter as the “WFOE”); and 

  

	2.	 Shenzhen Futu Network Technology Co., Ltd., registered at 9th floor, Unit 3, Building C, Kexing Science
Park, No.15 Keyuan Road, Middle District of Science and Technology Park, Nanshan District, Shenzhen (hereinafter as the “Domestic Company”). 

Whereas: 
  

	(1)	 The WFOE is a wholly foreign-owned enterprise established in the People’s Republic of China (hereinafter
referred to as the “PRC”), and has resources of technology consulting and services; 

  

	(2)	 The Domestic Company is a limited liability company established in the PRC; 

 

	(3)	 The WFOE agrees to provide technology consulting and relevant services to the Domestic Company, and the
Domestic Company agrees to accept the technology consulting and services provided by the WFOE; 

  

	(4)	 The Parties intend to sign this Agreement to replace the Amended and Restated Exclusive Technology Consulting
and Services Agreement executed on May 27, 2015. 

 Therefore, through mutual discussion, the Parties have reached the following
agreements: 
  

	1.	 Technology Consulting and Services; Sole and Exclusive Rights and Interests 

 

	 	1.1	 The WFOE agrees to provide technology consulting and services (please see Appendix 1 for the specific content
thereof) in relation to the financial software development (hereinafter as the “Target Business”) to the Domestic Company as the technology consulting and service provider of the Domestic Company in accordance with the terms and
conditions set forth herein during the term of this Agreement. 

  

	 	1.2	 The Domestic Company agrees to accept the technology consulting and services provided by the WFOE. The Domestic
Company further agrees that, without prior written consent of the WFOE, during the term of this Agreement, the Domestic Company shall not accept any technology consulting and services identical or similar to such Business provided by any third
party. 

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

  

	 	2.1	 The Parties agree that the Consulting Service Fee under this Agreement shall be determined and paid based on
the method set forth in Appendix 2 of this Agreement attached hereto. 

  

	 	2.2	 The Domestic Company shall pay the WFOE an additional penalty of 1% per day for the amount owed if the Domestic
Company fails to pay the Consulting Service Fee and other expenses in accordance with the provisions of this Agreement. 

  

	 	2.3	 The WFOE may, at its own expense, to assign its employees or qualified public accountants from China or other
countries (referred to as the “Authorized Representative of the WFOE”) to verify the accounts of the Domestic Company in order to review the calculation method and amount of the Consulting Service Fee. Therefore, the Domestic
Company shall provide the documents, accounts, records, data required by the Authorized Representative of the WFOE, so that the Authorized Representative of the WFOE may audit the accounts of the Domestic Company and determine the amount of the
Consulting Service Fee. Unless the Authorized Representative of the WFOE has made a material error in the audit, the amount of the Consulting Service Fee shall be based on that determined by the Authorized Representative of the WFOE.

  

	 	2.4	 Unless otherwise agreed in writing by the Parties, the Consulting Service Fee paid by the Domestic Company to
the WFOE shall not be deducted or offset in any amount (e.g. bank charges, etc.). 

  

	 	2.5	 In addition, the Domestic Company shall pay to the WFOE the actual expenses incurred by the consultation and
services provided by the WFOE under this Agreement, including but not limited to travel expenses, transportation expenses, printing fees and postage, etc. 

  

	3.	 Responsibilities of the Parties 

 

	 	3.1	 Responsibilities of the WFOE. In addition to the responsibilities specified in other provisions
of this Agreement, the WFOE shall also assume the following responsibilities: 

  

	 	(a)	 The WFOE shall provide support services to the Domestic Company in an efficient manner, and promptly and
seriously response to any request for advice and assistance made by the Domestic Company; 

  

	 	(b)	 The WFOE shall assist the Domestic Company in the preparation of the business plans relating to the Target
Business; 

  
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	 	(c)	 The WFOE shall assist the Domestic Company in planning, designing, developing and conducting the Target
Business; 

  

	 	(d)	 The WFOE shall provide competent service personnel to the Domestic Company for the services provided according
to this Agreement; and 

  

	 	(e)	 The WFOE shall strictly fulfill the obligations under this Agreement and any other related contracts as a
contracting party. 

  

	 	3.2	 Responsibilities of the Domestic Company. In addition to the responsibilities specified in other
provisions of this Agreement, the Domestic Company shall also assume the following responsibilities: 

  

	 	(a)	 Without the prior written consent of the WFOE, the Domestic Company shall not accept any identical or similar
support services provided by any third party; 

  

	 	(b)	 The Domestic Company shall accept all the support services and all reasonable advice on such support services
provided by the WFOE; 

  

	 	(c)	 The Domestic Company shall work out a business plan with the assistance of the WFOE; 

 

	 	(d)	 The Domestic Company shall plan, design, develop, establish and conduct the Target Business with the assistance
of the WFOE; 

  

	 	(e)	 The Domestic Company shall provide the WFOE with any technology or other material that the WFOE deems necessary
or useful for it to provide the services hereunder, and shall allow the WFOE to enter the facilities that the WFOE deems necessary or useful for it to provide the services hereunder; 

 

	 	(f)	 The Domestic Company shall establish and maintain an independent accounting unit for the Target Business;

  

	 	(g)	 The Domestic Company shall operate and carry out the Target Business and other business of the Domestic Company
in strict compliance with the business plan and the joint decision made by the WFOE and the Domestic Company; 

  

	 	(h)	 If the Domestic Company intends to enter into a contract with any third party, it shall obtain the written
consent of the WFOE before signing such contract; 

  

	 	(i)	 The Domestic Company shall provide and manage the Target Business in an effective, prudent and legal manner to
maximize the revenue; 

  
 3 

	 	(j)	 The Domestic Company shall assist the WFOE in, and provide the WFOE with sufficient cooperation on, all affairs
required for the WFOE to validly fulfill its duties and obligations hreunder 

  

	 	(k)	 The Domestic Company shall report all communications with the relevant administrations for industry and
commerce to the WFOE, and timely provide the WFOE with the photocopies of all documents, permits, approvals and authorizations obtained from relevant administrations for industry and commerce; 

 

	 	(l)	 For the purpose of performing the services hereunder, the Domestic Company shall assist the WFOE in carrying
out, establishing and maintaining relationships with other relevant departments and agencies of the PRC government, provincial and local governments and other entities, and assist the WFOE in obtaining all permits, licenses, approvals and
authorizations required for such work; 

  

	 	(m)	 The Domestic Company shall assist the WFOE in completing all duty-free importation formalities for the supply
of assets, materials and supplies as required for the WFOE to provide services; 

  

	 	(n)	 The Domestic Company shall assist the WFOE in purchasing equipment, materials, supplies, labor services and
other services required by the WFOE in the PRC at a competitive price; 

  

	 	(o)	 The Domestic Company shall operate in accordance with all applicable PRC laws and regulations, and complete all
necessary formalities relating to the operation; 

  

	 	(p)	 The Domestic Company shall provide the WFOE with the photocopies of relevant PRC laws, regulations, ordinances
and rules as well as other relevant material required by the WFOE; 

  

	 	(q)	 The Domestic Company shall strictly fulfill its obligations under this Agreement and any other relevant
contract to which it is a party. 

  

	4.	 Representations and Warranties 

 

	 	4.1	 The WFOE hereby represents and warrants as follows: 

 

	 	(a)	 The WFOE is a company duly incorporated and validly existing under the PRC laws; 

 

	 	(b)	 The WFOE’s execution and performance of this Agreement is within its corporate power and scope of
business; it has taken all necessary corporate actions and was given proper authorizations and has obtained consents and approvals from third parties and government agencies to execute and perform this Agreement, and such execution and performance
of this Agreement does not violate any restrictions in law and contract otherwise binding or having an impact on it. 

  
 4 

	 	(c)	 Once executed, this Agreement constitutes legal, valid and binding obligations of the WFOE, and can be enforced
against the WFOE in accordance with the provisions of this Agreement. 

  

	 	4.2	 The Domestic Company hereby represents and warrants as follows: 

 

	 	(a)	 The Domestic Company is a company duly incorporated and validly existing under the PRC laws.

  

	 	(b)	 The Domestic Company’s execution and performance of this Agreement is within its corporate power and scope
of business; it has taken all necessary corporate actions and was given proper authorizations and has obtained consents and approvals from third parties and government agencies to execute and perform this Agreement, and such execution and
performance of this Agreement does not violate any restrictions in law and contract otherwise binding or having an impact on it. 

  

	 	(c)	 Once executed, this Agreement constitutes legal, valid and binding obligations of the WFOE, and can be enforced
against the Domestic Company in accordance with the provisions of this Agreement. 

  

	5.	 Confidentiality 

 

	 	5.1	 The Domestic Company agrees to make efforts to take all reasonable confidentiality measures to keep
confidential any confidential materials and information (“Confidential Information”) known or accessed to through acceptance of the exclusive consulting and services provided by the WFOE. Without prior written consent of the WFOE,
the Domestic Company shall not disclose, give or transfer such Confidential Information to any third party. Upon termination of this Agreement, the Domestic Company shall, at the request of the WFOE, return the Confidential Information to the WFOE,
or destroy, any document, data or software carrying the Confidential Information, and delete any Confidential Information from any relevant memory device and cease the use of such Confidential Information. 

 

	 	5.2	 The Parties agree that this Article 5 shall continue to be valid irrespective of the amendment, dissolution or
termination of this Agreement. 

  

	6.	 Default Liabilities and Indemnity 

 

	 	6.1	 Default Liabilities. The Parties agree and confirm that if any Party (“Breaching
Party”) materially breaches any provisions hereof, or materially fails to perform or delays in performing any obligation hereunder, it shall constitute a default hereunder (“Default”), and the
non-breaching Party (“Non-breaching Party”) may request the Breaching Party to make rectification or take remedy within a reasonable time limit. Should
the Breaching Party still fail to make rectification or take remedy within such reasonable time limit or within thirty (30) days after the other Party notifies the Breaching Party in writing and makes the above requests, the Non-breaching Party may request the Breaching Party to pay damages in addition to the rights aforementioned. 

  
 5 

	 	6.2	 Indemnity. The Domestic Company shall fully indemnify the WFOE against any loss, damage, liability
and/or cost resulting from any action, claim or other demand made against the WFOE due to or arising out of the content of consulting and services required by the Domestic Company, and hold the WFOE harmless from any loss and damage caused to the
WFOE by any act of the Domestic Company or any claim made by any third party due to the act of the Domestic Company. 

  

	7.	 Intellectual Property Rights 

 

	 	7.1	 Rights that are generated. Unless otherwise agreed in written by the Parties, any right and interest
generated from the performance of this Agreement, including but not limited to the ownership, copyright, patent, trademark, know-how, technology secrets, trade secrets and others, regardless of whether they
are independently or cooperatively developed by the WFOE and the Domestic Company, or developed by the Domestic Company based on the original intellectual property rights of the WFOE, shall be the proprietary and exclusive right and interest of the
WFOE, who is entitled with the sole and exclusive rights of possession, use, profit and disposal. Unless otherwise agreed in written by the Parties, the Domestic Company shall enter into all necessary documents and take all necessary actions, for
the WFOE to become owner of such intellectual property rights. The Domestic Company shall not challenge the WFOE’s ownership of all such intellectual property rights and interests. Where the Domestic Company intends to obtain any such
intellectual property rights by application for registration or otherwise, it shall obtain the written consent of the WFOE in advance. 

  

	8.	 Effectiveness and Term 

 

	 	8.1	 This Agreement is signed and effective on the date first written above. 

 

	 	8.2	 Unless this Agreement is terminated in accordance with the terms of this Agreement or the relevant agreements
entered into by the Parties, this Agreement shall expire upon expiration of the business term of the WFOE (if the WFOE extends its business term, the term of this Agreement shall extend to such extension), starting from the effective date of this
Agreement. Before the expiration of this Agreement, the Parties shall extend the term of this Agreement upon the request of the WFOE, and sign an agreement or continue at the request of the WFOE to perform under this Agreement.

  
 6 

	9.	 Termination 

  

	 	9.1	 Termination on Expiry Date. This Agreement shall terminate on the expiry date of the term unless it is
extended in accordance with relevant provisions hereof. 

  

	 	9.2	 Early termination. Should the Domestic Company be bankrupt or legally dissolved and terminated prior to
the expiry date of this Agreement, this Agreement shall terminate automatically. Notwithstanding the foregoing, the WFOE may at any time issue a written notice to the Domestic Company thirty (30) days in advance to terminate this Agreement.

  

	 	9.3	 Survival. Upon termination of this Agreement, the rights and obligations of the Parties under Article 5
and Article 6 shall survive. 

  

	10.	 Applicable Laws and Dispute Resolution 

 

	 	10.1	 Applicable Laws. The formation, validity, interpretation, performance of, and the resolution of dispute
arising out of, this Agreement shall be governed by the PRC laws. 

  

	 	10.2	 Dispute Resolution. When a dispute arises between the Parties regarding the interpretation and
performance of the terms and conditions of this Agreement, the Parties shall first resolve the dispute through friendly negotiation. If the Parties fail to settle the dispute within thirty (30) days after the receipt of the written notice of
the other Party’s request, either Party may submit such dispute to China International Economic and Trade Arbitration Commission for arbitration in accordance with its Arbitration Rules then in force. The arbitration shall be held in Beijing.
The arbitration award shall be final and legally binding upon the Parties. 

  

	11.	 Change in Law 

Upon effectiveness of this Agreement, if any central or local legislative or administrative authority in the PRC amends any central or local
PRC law, regulation, ordinance or other normative document, including amending, supplementing, repealing, interpreting or publishing implementing methods or rules for any existing law, regulation, ordinance or other normative document (collectively
referred to as the “Amendment”), or issuing any new law, regulation, ordinance or other normative document (collectively referred to as “New Regulation”), the following provisions shall apply: 

 

	 	11.1	 If the Amendment or New Regulation is more favorable to any Party than any applicable law, regulation,
ordinance or other normative document then in force on the effective date of this Agreement (and the other Party will not thus be imposed any material adverse effect), then the Parties shall timely apply to relevant authority (if necessary) for
obtaining the benefits of such Amendment or New Regulation. The Parties shall make every effort to procure the approval of such application. 

  
 7 

	 	11.2	 If, due to the Amendment or New Regulation, there is any direct or indirect material adverse effect on the
economic interests of the WFOE hereunder, and the Parties cannot solve such adverse effect imposed on the economic interests of the WFOE in accordance with the provisions of this Agreement, then after the WFOE notifies the Domestic Company, the
Parties shall timely negotiate to make all requisite amendment to this Agreement to maximally protect the economic interests of the WFOE hereunder. 

  

	12.	 Force Majeure 

 

	 	12.1	 A “Force Majeure Event” refers to any event that is beyond the reasonable control of a Party
and cannot be prevented with reasonable care of the affected Party, including but not limited to natural disasters, war and riot, provided that, any shortage of credit, capital or finance shall not be regarded as an event beyond the reasonable
control of a Party. In the event that the occurrence of a Force Majeure Event delays or prevents the performance of this Agreement, the affected Party shall not be liable for any obligations hereunder only for such delayed or prevented performance.
The affected Party who seeks to be exempt from the performance obligation under this Agreement or any provision hereof shall inform the other Party, without delay, of the exemption of obligation and the approaches that shall be taken to complete
performance. 

  

	 	12.2	 The Party affected by Force Majeure Event shall not assume any liability hereunder, provided that only when the
affected Party has made all reasonable efforts to perform this Agreement so that such Party who seeks exemption of obligation may be exempted from performing such obligation, and only to the extent of the delayed or impeded performance. Once the
cause for such exemption of liability is rectified and remedied, each Party agrees to use its best efforts to resume the performance of this Agreement. 

  

	13.	 Miscellaneous 

 

	 	13.1	 Further Assurance. The Parties agree to promptly execute documents that are reasonably required for the
implementation of the provisions and purpose of this Agreement and take further actions that are reasonably required for the implementation of the provisions and purpose of this Agreement. 

 

	 	13.2	 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 supersede all prior oral and written consultations, representations and
contracts reached with respect to the subject matter of this Agreement. 

  
 8 

	 	13.3	 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. 

  

	 	13.4	 Taxes and Expenses. Each Party shall bear any and all taxes and expenses occurring to or levied on it
with respect to the execution and performance of this Agreement. 

  

	 	13.5	 Assignment. Without the WFOE’s prior written consent, the Domestic Company shall not assign its
rights and/or obligations under this Agreement to any third party. 

  

	 	13.6	 Severability. If any provision of this Agreement is invalid or unenforceable due to inconsistency with
relevant laws, such provision shall be deemed invalid or unenforceable only to the extent where the relevant laws apply and will not affect the validity of other provisions of this Agreement. 

 

	 	13.7	 Waiver. Any Party may waive the terms and conditions of this Agreement, provided that such waiver shall
only become effective if made in writing and agreed and signed by the Parties. No waiver by a Party of the breach by the other Party in a specific case shall operate as a waiver by such Party of any similar breach by the other Party in other cases.

  

	 	13.8	 Amendment and Supplement to the Agreement. The Parties shall amend and supplement this Agreement by a
written instrument. Any amendment and supplement will become an integral part of this Agreement after proper execution by the Parties and have same legal effect as this Agreement. 

 

	 	13.9	 Counterpart. This Agreement shall be written in Chinese and executed in duplicate, with the WFOE and the
Domestic Company each holding one copy. 

  

	 	13.10	 The Amended and Restated Exclusive Technology Consulting and Services Agreement signed by the WFOE and the
Domestic Company on May 27, 2015 automatically terminates on the effective date of this Agreement. 

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 The Parties have signed this Agreement on the date set out on the front page. 

 

	
	
WFOE: Shensi Network Technology (Beijing) Co., Ltd.

	 (Seal: /s/ Shensi Network Technology (Beijing) Co.,
Ltd.)

  

			
	By:	 	 /s/ Li Hua

			
	Name: LI Hua
	Title: Legal Representative

  

	
	 Domestic Company: Shenzhen Futu Network Technology Co.,
Ltd.

	 (Seal: /s/ Shenzhen Futu Network Technology Co.,
Ltd.)

  

			
	By:	 	 /s/ Li Hua

			
	Name: LI Hua
	Title: Legal Representative

 Signature Page to the Second Amended and Restated Exclusive Technology Consulting and Services Agreement 

 Appendix 1: List of Technology Consulting and Services 

WFOE will provide the following technology consulting and services to Domestic Company: 

 

	(1)	 To research on and develop relevant technologies required for the business of the Domestic Company, including
the development, design and making of database software, user interface software and other relevant technologies to be used for relevant business information, and the license of such software and technologies to the Domestic Company for use;

  

	(2)	 To provide application and implementation of relevant technologies for the business operation of the Domestic
Company, including but not limited to the general design scheme, installation, commissioning and test run of the system; 

  

	(3)	 To be responsible for the daily maintenance, monitoring, commissioning and trouble-shooting of computers and
network software and hardware device (including information database) of the Domestic Company, including the timely input of users’ information into the database, or based on other business information as the Domestic Company may from time to
time provide, timely update the database, regularly update the user interface, and provide other related technology services; 

  

	(4)	 To provide consulting services for the procurement of relevant equipment and software and hardware system
required for the Domestic Company to carry out online operation, including but not limited to providing consulting advice on the selection, system installation and commissioning of all kinds of tools, software, applications and technology platforms,
and the purchase, model, performance and other aspects of all kinds of supporting hardware device and equipment; 

  

	(5)	 To provide appropriate training and technology support and aid to employees of the Domestic Company, including
but not limited to providing appropriate training to the Domestic Company and its employees, including training on customer service or technologies or otherwise; introducing to the Domestic Company and its employee knowledge and experience on the
installation, operation and other aspects of the system and equipment, assisting the Domestic Company in solving any problem as may incur during the installation and operation of the system and equipment; providing the Domestic Company with
consulting and advice on the application of other online editing platforms and software, and assisting the Domestic Company in preparing and collecting information of various types; 

 

	(6)	 To give technology consulting and technology answer to any technology question raised by the Domestic Company
regarding the network equipment, technology products and software; and 

  

	(7)	 To provide other technology services and consulting based on the needs of the Domestic Company.

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 Appendix 2: Calculation and Payment of the Technology Consulting and Service Fee 

 

	(1)	 The Consulting Service Fee payable shall be 100% of the net profit of the Domestic Company. The Domestic
Company shall pay the Consulting Service Fee to the WFOE on an annual basis or at the time agreed by the WFOE. 

  

	(2)	 The WFOE may adjust the standard of Consulting Service Fee at any time according to the quantity and content of
such consulting services provided to the Domestic Company, and such adjustment shall be approved by the WFOE. The amount of the service fee shall be determined based on the following factors:(1) Technology difficulty and complexity of the consulting
and management services;(2) Time to be spent by the WFOE to provide such technology consulting and management services; and (3) Specific content and commercial value of the technology consulting and management services. 

 

	(3)	 The Domestic Company shall establish and implement the accounting systems and prepare financial statements in
accordance with relevant PRC laws, regulations, accounting rules and accounting principles. At the request of the WFOE, the Domestic Company shall prepare separate financial statements in accordance with the US generally accepting accounting
principles or other accounting principles as the WFOE may otherwise require. The Domestic Company shall provide financial statements, operation records, business contracts and financial materials as well as other reports required by the WFOE, of the
Domestic Company to the WFOE within 15 days upon ending of each calendar month, so that the WFOE may check and compute the amount of Consulting Service Fee payable to the WFOE by the Domestic Company in accordance with the foregoing provisions. The
WFOE may audit all financial statements and other relevant information of the Domestic Company at any time during business hours, provided that it shall give reasonable prior notice to the Domestic Company. If the WFOE has any doubt on the financial
materials provided by the Domestic Company, the WFOE may appoint an independent accounting firm with good reputation to audit relevant materials, and the Domestic Company shall cooperate with the same. 

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