Document:

EX-4.33

 Exhibit 4.33 

English Translation 
  

 
 Exclusive Call Option Agreement

 The Exclusive Call Option Agreement (hereinafter referred to as the “Agreement”) was entered into on September 30, 2015: 

By and among: 
 Party A: Baina Zhiyuan (Beijing) Technology
Co., Ltd. 
 Party B: YANG Yongzhi     ID number: 422123197810104218 

Party C: Beijing Changyou Star Digital Technology Co., Ltd. 

Party D: Baina (Wuhan) Information Technology Co., Ltd. 

For the purpose hereof, Party B and Party C are collectively herein as the “Party D’s Shareholders”; Party A, Party B, Party C and Party D are
referred to each a “party” and collectively herein as the “parties”. 
 Whereas 

 

	1	Party A is a wholly foreign-owned limited liability company legally established and validly existing under the laws of the People’s Republic of China. 

 

	2	Party D is a domestic limited liability company legally established and validly existing under the laws of the People’s Republic of China. 

 

	3	Party B and Party C are Party D’s shareholders, and Party B holds Party D’s 40% equity and Party C, 60%. 

  

	4	Party D’s Shareholders agree to grant to Party A and Party A agrees to accept an exclusive right according to the Agreement, to buy all or part of the shares held by Party D’s Shareholders. 

Therefore, the parties hereto agree as follows for mutual compliance through friendly consultations and in the principles of equality and mutual benefit: 

 

	I.	Exclusive Call Option 

  

	1.	Grant of rights 

 Party D’s Shareholders hereby irrevocably grant an exclusive right to Party A, under
which, since the entry into force of the Agreement, to the extent permitted by Chinese laws, Party A or a third party designated by Party A can at any time purchase from Party D’s Shareholders all or part of shares they hold at RMB 1 or the
minimum price upon exercise when Chinese laws and regulations permit. Party D hereby agrees that Party D’s Shareholders grant an exclusive call option to Party A. 

Aforesaid call option will take effect and be granted to Party A after the Agreement is signed by the parties and once granted, the grant may not be revoked
or changed within the term hereof (including any extension according to paragraph 2 of this article). 
  

	2.	Term 

 The Agreement was signed by the parties as of the date first written above with immediate effect. The
Agreement is valid for ten years, commencing from the effectiveness date hereof. Before the expiration hereof, the parties shall extend the term of the Agreement as required by Party A at the request of Party A and as required by Party A, separately
sign the Exclusive Call Option Agreement or continue performing the Agreement. 
  

	II.	Options and Closing 

  

	1.	Exercise time 

  

	(1)	Party D’s Shareholders agree that when permitted by Chinese laws and regulations, Party A may call option in whole or in part at any time after the Agreement is signed and take effect. 

  
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	(2)	Party D’s Shareholders agree that Party A’s exercise frees from limits on times, unless they have acquired and hold all Party D’s shares. 

 

	(3)	Party D’s Shareholders agree that, Party A can designate a third party as its representative to exercise the option, but upon exercise, Party A shall give prior written notice to Party D’s Shareholders.

  

	2.	Exercise notice 

 If Party A intends to call option, it shall notify Party D’s Shareholders in writing 10
working days before the closing date (as defined below), specifically stating the following terms: 
  

	(1)	the effective closing date after the exercise of the option (the “closing date”). 

  

	(2)	the name of the holder to be registered after the option is exercised. 

  

	(3)	Number of shares and the proportion purchased from Party D’s Shareholders. 

  

	(4)	Exercise price and its terms of payment. 

  

	(5)	The power of attorney (if exercised by a third party specified by Party A). 

 The parties agree that Party A
may at any time appoint a third party to exercise the option and register the shares in the name of the third party. 
  

	3.	Transfer 

 When Party A exercises the option, within ten working days upon receipt of the exercise notice sent
by Party A according to the second paragraph of this article: 
  

	(1)	Party D’s Shareholders shall cause Party D to promptly convene a shareholders’ meeting, at which, a resolution approving the transfer of shares by Party D’s Shareholders to Party A and (or) a third party
designated by Party A shall be adopted. 

  

	(2)	Party D’s Shareholders shall sign the Share Transfer Agreement with Party A (or if applicable, with the third party designated by Party A). 

 

	(3)	Party D’s Shareholders shall sign all other necessary contracts, agreements or documents, obtain all the necessary government approvals and consents, and take all necessary actions, without any attached security
interest, transfer the effective ownership of the shares to be purchased to Party A and (or) the third party designated by it and make the same the holder of the shares to be purchased registered with the administrative department for industry and
commerce. Moreover, they shall submit to Party A or its designated third party the latest business license, articles of association, certificate of approval (if applicable) and other relevant documents issued by or registered with competent Chinese
authorities, reflecting Party D’s changes of equity, directors, legal representative, and other matters. 

  

	III.	Representations and Undertakings 

  

	1.	Party D’s Shareholders respectively and together with Party D represent and undertake that: 

  

	(1)	Party D’s Shareholders and Party D have complete rights and authorizations to sign and perform the Agreement. 

  

	(2)	The performance of the Agreement and obligations hereunder by Party D’s Shareholders are not in violation of the laws, regulations and other agreements having binding force on them, and the approval or
authorization of the government departments is not required. 

  

	(3)	Party D’s Shareholders and Party D do not have any pending litigations, arbitrations or other judicial or administrative procedures or those may materially affect the performance of the Agreement.

  

	(4)	Party D’s Shareholders and Party D have disclosed to Party A all the possible adverse effects on the performance of the Agreement. 

 

	(5)	Party D’s Shareholders and Party D are not subject to bankruptcy, and their financial position is strong. 

  

	(6)	There are no pledge, security, liability and other third party encumbrances on the equity held by Party D’s Shareholders and Party D’s Shareholders free from any third party’s recourse, excluding the
security interest as agreed in the Share Pledge Agreement signed by Party A and Party D’s Shareholders. 

  

	(7)	Party D’s Shareholders will not set any pledge, liabilities and other third party encumbrances on the equity held in Party D and not transfer, gift, pledge or otherwise dispose of their shareholdings to persons
other than Party A or a third party designated by Party A. 

  
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	(8)	The option granted by Party D’s Shareholders to Party A is exclusive and Party D’s Shareholders shall not, in any way, grant any options or similar rights to persons other than Party A or any third party
appointed by Party A. 

  

	2.	Party D represents and undertakes that: 

  

	(1)	Within the term hereof, Party D’s business comply with laws, regulations, rules and other administrative regulations and guidelines promulgated by the government departments and there is no violation of any of the
foregoing provisions, therefore causing significant adverse effects on the company’s business or assets. 

  

	(2)	In accordance with sound financial and business standards and practices, maintain its existence. Prudently and effectively operate its business and process services; and it will do its best efforts to ensure that the
company maintains the license, permit and approval necessary for its operation, and to ensure that such permits, licenses and approvals, etc. will not to be cancelled, withdrawn or declared null and void. 

 

	(3)	timely provide Party A on its demand with the information on Party D’s operating and financial situation. 

  

	(4)	Before Party A (or the third party appointed by Party A) exercises the option and obtains all of Party D’s rights and interests, Party D shall not conduct the following acts unless with the written consent of Party
A (or the third party appointed by it): 

  

	(a)	it will not sell, transfer, mortgage or otherwise dispose of any assets, business or income, or allow to create any other security interests thereon (except those during normal or daily business course or disclosed to
Party A and obtained Party A’s prior written consent); 

  

	(b)	reach any transactions materially having adverse effects on its assets, liabilities, operations, equity and other legitimate rights (except those during normal or daily business course or disclosed to Party A and
obtained Party A’s prior written consent). 

  

	(c)	distribute in any form dividends or bonus to Party D’s Shareholders. 

  

	(d)	incur, inherit, provide guarantee for or allow any debts, except the debts (i) other than borrowing during normal or daily business course; (ii) disclosed to Party A and obtained Party A’s prior written
consent. 

  

	(e)	by the resolutions of shareholders’ meeting, increase or reduce Party D’s registered capital, or otherwise change the structure of the registered capital. 

 

	(f)	supplement, change or modify in any form Party D’s articles of association, or change its business scope. 

  

	(g)	modify or remove any of Party D’s director or to replace any senior officers. 

  

	(h)	alter Party D’s normal business program or modify any of the company’s major internal rules and regulations. 

  

	(i)	make major changes to Party D’s business management pattern, marketing strategy, business policy, or customer relations. 

  

	(j)	conduct any activities beyond the normal scope of business or operate any business of Party D by using any manner not consistent with part one or any unusual way. 

 

	(k)	merge or ally with any person, or purchase, or invest in any person. 

  

	3.	Party D’s Shareholders represent and undertake that: 

  

	(1)	Before Party A (or the third party appointed by Party A) exercises the option and obtains all of Party D’s rights and assets, Party D’s Shareholders shall not conduct the following acts, whether jointly or
respectively, unless with the written consent of Party A (or the third party appointed by it): 

  

	(a)	supplement, change or modify in any form Party D’s charter documents, and such supplements, changes or modification will materially have adverse effects on Party D’s assets, liabilities, operations, equity and
other legitimate rights (except pro rata investment increase to meet the legal requirements), or may affect the Agreement and the effective performance of other agreements signed by Party A, Party B, Party C and Party D. 

 

	(b)	cause Party D to reach any transactions materially having adverse effects on its assets, liabilities, operations, equity and other legitimate rights (except those during normal or daily business course or disclosed to
Party A and obtained Party A’s prior written consent). 

  

	(c)	cause Party D to distribute dividends or bonus through the resolutions of the shareholders’ meeting. 

  

	(d)	they will not sell, transfer, mortgage or otherwise dispose of any legal or beneficial benefits in equity, or allow to create any other security interests thereon at any time as of the effectiveness hereof.

  

	(e)	they will not cause through the resolutions of shareholders’ meeting Party D to sell, transfer, mortgage or otherwise dispose of any legal or beneficial benefits in equity, or allow to create any other security
interests thereon. 

  
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	(f)	cause Party D through resolutions of shareholders’ meeting to merge or ally with any person, or purchase, or invest in any person or involve in any forms of reorganization. 

 

	(g)	close business, liquidate or dissolve Party D. 

  

	(2)	Before Party A (or the third party appointed by Party A) exercises the option and obtains all of Party D’s rights and assets, Party B, Party C and Party D undertake that: 

 

	(a)	forthwith notify Party A of any litigations, arbitrations or administrative proceedings or of any potential ones with respect to the equity held by Party B or any adverse effect on that equity. 

 

	(b)	cause Party D’s board of shareholders to consider and deliberate the transfer of the shares to be purchased under the Agreement, cause Party D to amend its articles of association in order to reflect the transfer
of the shares from Party D’s Shareholders to Party A and (or) its designated third party, as well as other changes described in the Agreement, and immediately apply to the competent Chinese authority for approval (such as those required by law)
and handle registration for changes, to cause Party D through the shareholders’ meeting to approve the appointment of Party A and (or) the third party appointed by Party A as a new director and a new legal representative. 

 

	(c)	In order to maintain its ownership of the equity, execute all necessary or appropriate documents, take all necessary or appropriate actions and file all necessary or appropriate complaints or claims to make all
necessary and appropriate defenses. 

  

	(d)	on Party A’s demand at any time, unconditionally and immediately at any time transfer their equity to a third party designated thereby, and give up the right of first refusal available to them with respect to the
equity subject to above share transfer of another existing shareholder. 

  

	(e)	strictly abide by the Agreement and other contracts signed by Party D’s Shareholders and Party A, earnestly fulfill their obligations thereunder, and will not conduct any actions / omissions sufficient to affect
the validity and enforceability thereof. 

  

	4.	Undertakings 

 Party D’s Shareholders commit to Party A that, Party D’s Shareholders will handle all
procedures necessary for making Party A and (or) its designated third party become Party D’s Shareholders. Procedures include but are not limited to assistance for Party A in obtaining the related and necessary approvals from government
departments on the share transfer, and submission of the share transfer agreement, resolutions of shareholders’ meeting and other documents to the relevant administrative department for industry and commerce, to modify the articles of
association, register of members and other constitutional documents and the related costs are assumed by Party A. 
  

	5.	Party D’s Shareholders hereby represent and warrant as follows to Party A on the date of the Agreement and on each closing date: 

 

	(1)	they have the right to sign and deliver the Agreement and any share transfer contract they have signed for the transfer of the shares to be purchased under the Agreement (the “transfer contract”), and have the
power and ability to perform the obligations under the Agreement and any transfer contract. Once signed, the Agreement and the transfer contracts to which they are a party constitute legal, valid and binding obligations upon them and can be enforced
according to their terms. 

  

	(2)	the signing and delivery of the Agreement or any of the transfer contract and the performance of their obligations under the agreement or any of the transfer contracts will not: (i) result in violation of any
relevant Chinese laws and regulations; (ii) conflict with their articles of association or other charter documents; (iii) lead to any violation of any contract or deed, or constitute a breach of any contract or deed to which they are a
party or that are binding upon them; (iv) result in violation of any conditions for granting of any permit or approval; or (v) make any license or approval issued to them suspended or withdrew or have any additional conditions;

  

	(3)	Party D’s Shareholders have good and marketable ownership of all their shares in Party D. Party D’s Shareholders do not create any security interest in the equity, excluding the security interest as agreed in
the Share Pledge Agreement. 

  

	(4)	Party D has no outstanding debts, (i) other than borrowing during normal business course; (ii) disclosed to Party A and obtained Party A’s prior written consent. 

 

	(5)	Party D will abide by all laws and regulations applicable to the shares and assets acquisition. 

  

	(6)	currently, there are no ongoing or pending or potential litigations, arbitrations or administrative proceedings with respect to the equity, Party D’s assets or Party D. 

  
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	IV.	Special Agreements 

 Party D’s Shareholders undertake that whether their shareholding in Party D
changes, all of their equity in Party D shall be subject to the Agreement, and the Agreement applies to all of Party D’s shares held by them at that time. 
  

	V.	Breach 

  

	1.	Except as otherwise provided in the Agreement, if any party fails to perform or suspend the performance of its obligations under the Agreement, and within thirty days from the receipt of the notice from other parties
did not correct the above acts, or its statement and guarantee is not true, it constitutes a breach of contract. 

  

	2.	In the event that any party breaches the Agreement or any of its statements and guarantees made hereunder, other parties may notify the defaulting party in writing, requiring it to rectify the breach within ten days
from the receipt of the notice, to take corresponding measures in a timely and effective manner to avoid damages and continue performing its obligations under the Agreement. 

 

	3.	If the defaulting party fails to correct its default within ten days based on the above agreement after receiving the notice, other parties are entitled to require the defaulting party to compensate for any costs,
liabilities or losses (including but not limited to the interest paid or loss and the legal costs due to breach). 

  

	VI.	Taxes 

 Taxes and fees arising from the performance hereof will be respectively borne by the party
concerned in accordance with the applicable laws and regulations. 
  

	VII.	Confidentiality 

  

	1.	The parties agree to take all reasonable measures to keep confidential the execution, terms and performance the Agreement, and any other party’s confidential information and information understood or accessed in
the performance hereof (the “Confidential Information”); without the prior written consent of the providing party, the Confidential Information shall not be disclosed, given or transferred to any third party. 

 

	2.	For the following information, the above restrictions will not apply: 

  

	(1)	materials can be obtained by a general public at the time of disclosure. 

  

	(2)	materials can be obtained by a general public after the disclosure not due to the fault of one party hereto. 

  

	(3)	materials that are not obtained from the other party directly or indirectly and the party hereto can prove that it has already known before disclosure. 

 

	(4)	the party hereto has the duty to make disclosure to the relevant government departments, stock exchanges or other institutions or for its normal operation needs, directly disclose the Confidential Information to the
legal and accounting counsel as required by law. 

  

	3.	The parties agree that this clause will survive changes, revocation or termination of the Agreement. 

  

	VIII.	Effectiveness 

 The Agreement will take effect as of the date first written above after sealed by Party
A, Party C and Party D and signed by Party B. 
  

	IX.	Applicable Laws and Dispute Resolution 

  

	1.	Applicable Laws 

 Conclusion, validity, performance, interpretation, and disputes resolution of the Agreement
shall be governed by the laws of China. 

  
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	2.	Arbitration 

 If and in the event that the parties hereto have disputes on the interpretation and performance of
the terms hereunder, the parties shall solve the same upon negotiations in good faith. Where an agreement fails to be concluded within thirty days after one party requests in writing to settle the disputes through negotiation, either party agrees to
submit the said disputes to China International Economic and Trade Arbitration Commission for arbitration under its arbitration rules then in force. Arbitration place is Beijing and the arbitration will be proceeded in Chinese. The arbitral award is
final and binding on all parties hereto. This article will survive the termination or revocation of the Agreement. 
  

	X.	Force Majeure 

  

	1.	“Force Majeure” means all events that cannot be controlled or predicted by any party hereto, or even predictable but inevitable, and hinder that party from fulfilling its obligations hereunder in whole or in
part. Such events include but are not limited to any strike, factories closure, explosion, marine perils, natural disasters or public enemy, fires, floods, sabotage, accidents, war, riot, insurrection, and any other similar events.

  

	2.	Where any Force Majeure events occur, leading to the affected party’s inability to perform any obligations under the Agreement, during the period when the force majeure event lasts, the obligations hereunder
therefore blocked shall be suspended, and the performance date shall be automatically extended to the end of the force majeure event, and the affected party will not be subject to any penalty. 

 

	3.	In case of any Force Majeure, the affected party shall immediately notify other parties in written form, and provide appropriate evidence proving the occurrence of that Force Majeure and its duration. The affected party
shall use all reasonable efforts to terminate the Force Majeure. 

  

	4.	When any Force Majeure occurs, the parties shall immediately negotiate to find a fair solution, and shall also use all reasonable efforts to minimize the consequences of that Force Majeure. 

 

	5.	If the Force Majeure event lasts for over ninety days, and the parties failed to agree on a fair solution, either party is entitled to terminate the Agreement. If the Agreement is terminated according to the foregoing
provisions, there will be no new rights or obligations, but the rights and obligations incurred before the termination of the Agreement will survive the termination hereof. 

 

	XI.	Miscellaneous 

  

	1.	Modifications 

 The parties hereby confirm that the Agreement is fairly and reasonably made of by and among the
parties on the basis of equality and mutual benefit. For all the discussions, negotiations and written agreements by and among the parties with respect to the contents hereof before the conclusion of the Agreement, if inconsistency with the
Agreement, the Agreement shall prevail. Any modification, supplement or change of the Agreement shall be made in writing form and may not take effect before sealed by Party A, Party C and Party D and signed by Party B. 

 

	2.	Notices 

 All notices or other communications as required in the Agreement shall be in writing in Chinese and
delivered by personal delivery (including EMS) or registered airmail. Where the mailing address is changed without written notice, all notices and communications shall be sent to the following address: 

Party A: Baina Zhiyuan (Beijing) Technology Co., Ltd. 
 Address:
South 2-1-6, Block A, # 1 Plant, No.5 A Xueyuan Road, Haidian District, Beijing 
 Zip code: 100000 

Party B: YANG Yongzhi 
 Address: No.14 South Avenue, Chaoyang
Gate, Foreign Enterprise Service Company, Chaoyang District, Beijing 
 Zip code: 100000 

Party C: Beijing Changyou Star Digital Technology Co., Ltd. 

Address: Room A-1049, 2/F, No.3 Building, No.30 Yard, Shixing Street, Shijingshan District, Beijing 

  
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 Zip code: 100043 

Party D: Baina (Wuhan) Information Technology Co., Ltd. 

Address: 3/F, Building A2, Phase 1 Jinronggang, No.77 Optical Valley Avenue, Donghu Development Zone, Wuhan 

Zip code: 430000 
  

	3.	Notice and Service 

 Notices and communications shall be considered served: 

 

	(1)	on the receipt of the receiving party if by personal delivery (including EMS). 

  

	(2)	on the third day as of the date shown on the post office’s receipt if by registered mail. 

  

	4.	Severability 

 Without prejudice to other provisions of the Agreement, if any provision of the Agreement or any
part thereof is held invalid, illegal, or unenforceable, or violates public benefits, the validity, legality, and enforceability of the remainder hereof will not be affected or damaged thereby. All parties shall sincerely negotiate a clause to the
satisfaction of all parties to replace the invalid one. 
  

	5.	Successors 

 The Agreement is binding on the parties’ legal successors and assignees. 

 

	6.	Waiver 

 Any one party’s failure to exercise or timely exercise the rights under the Agreement may not be
considered as a waiver of those rights and any single exercise will not affect that party’s exercise of any other rights in the future. 
  

	7.	Language and Counterparts 

 The Agreement is made in four copies in Chinese of the same legal effect. Each party
holds one. 
 (The remainder of this page is intentionally left blank.) 

  
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 (Signature Page of the Exclusive Call Option Agreement) 

Party A: Baina Zhiyuan (Beijing) Technology Co., Ltd. 

(Seal) 
 Party B: YANG Yongzhi 

(Seal) 
 Party C: Beijing Changyou Star Digital Technology
Co., Ltd. 
 (Seal) 
 Party D: Baina (Wuhan) Information
Technology Co., Ltd. 
 (Seal) 

  
 8EX-4.34

 Exhibit 4.34 

English Translation 
  

 
 Exclusive Services Agreement

 The Exclusive Services Agreement (hereinafter referred to as the “Agreement”) was entered into on September 30, 2015: 

By and between: 
 Party A: Baina Zhiyuan (Beijing) Technology
Co., Ltd. 
 Party B: Baina (Wuhan) Information Technology Co., Ltd. 

For the purpose hereof, Party A and Party B are referred to as the “parties” and each a “party”. 

Whereas 
  

	1	Party A is a wholly foreign-owned limited liability company legally established and validly existing under the laws of the People’s Republic of China and owns the resources for provision of technology consulting
and services. 

  

	2	Party B is a domestic limited liability company legally established under the laws of the People’s Republic of China. 

  

	3	Party A agrees to provide Party B with technical consulting and related services, and Party B agrees to accept the same provided by Party A. 

Therefore, the parties hereto agree as follows for mutual compliance through friendly consultations and in the principles of equality and mutual benefit: 

 

	I.	Consulting and Services: Exclusive rights 

 During the term of the Agreement, Party A agrees to provide
according to the terms hereof Party B with the related technical consulting and services as Party B’s exclusive technology consulting and service provider and, the parties can otherwise sign an agreement for other specific business upon
negotiations. 
  

	1.	Party B agrees to accept the technical advice and services provided by Party A during the term of the Agreement. Taking into account the value of the technical advice and services provided by Party A and the good
cooperative relations between the two parties, Party B further agrees that, without Party A’s prior written consent, Party B shall not accept any technical advice and services provided by any third party in respect of the scope of business
involved in the Agreement within the term hereof. 

  

	2.	With respect to any right, title, interest and intellectual property arising from the performance of the Agreement (including but not limited to copyright, patent, technical secrets, trade secrets and others), whether
developed by Party A, or by Party B based on Party A’s intellectual property rights or by Party A based on Party B’s intellectual property rights, Party A shall have exclusive rights and interests, and Party B may not claim any rights or
rights to Party A, including but not limited to the ownership and intellectual property rights. 

  

	3.	But if the development is conducted by Party A based on Party B’s intellectual property rights, Party B shall ensure that such intellectual property rights free from any flaws, or any losses caused to Party A shall
be borne by Party B. If Party A thus assumes liability to compensate any third person, after making such compensation, Party A has the right to recover the damages in whole from Party B. 

 

	4.	Considering the good relations and cooperation between both parties, Party B promises that, if intending to have any business cooperation with other enterprises, Party A’s consent will be secured and that, under
the same conditions, it will prefer Party A or its affiliates. 

  

	II.	Calculation of Technical Consulting and Services Fee (the “service fee”) and Terms of Payment thereof 

  

	1.	Both parties agree that the service fee under the Agreement is determined and paid in accordance with Attachment 1. 

  

	2.	If Party B fails to pay the service fee and other expenses in accordance with the Agreement, Party B shall pay party liquidated damages at 0.05% per day to Party A for the amount delayed. 

  
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	3.	Party A shall have the right to, at its own expense, assign its employees or certified public accountants in China or other countries (the “Party A’s authorized representative”) to verify Party B’s
accounts so as to review the calculation method and amount of the service fee . For this purpose, Party B shall provide Party A’s authorized representative with the documents, accounts, records and data required thereby, so that Party A’s
authorized representative can audit Party B’s accounts and determine the amount of service fee. Unless there is a very serious mistake, the service fee amount shall be subject to that determined by Party A’s authorized representative.

  

	4.	Except as otherwise agreed by the parties, the service fee paid by Party B to Party A in accordance with the Agreement shall not be deducted or set off (such as bank charges, etc.). 

 

	5.	In addition, Party B shall pay to Party A the actual expenditures arising from the provision of the consulting services under the Agreement while paying the service fee, including but not limited to the travel,
transportation, printing and postage and others. 

  

	6.	Party A and Party B agree that all economic losses caused by the performance of the Agreement shall be jointly borne by Party A and Party B. 

 

	III.	Representations and Warranties 

  

	1.	Party A hereby represents and warrants that: 

  

	(1)	Party A is a wholly foreign-owned limited liability company legally established and validly existing under the laws of China. 

  

	(2)	Party A will perform the Agreement within its corporate power and the scope of its business operations, has taken all necessary corporate actions and proper authorization, and has obtained necessary consent and
approvals from the third party and government departments; moreover, it does not violate the legal or contractual restrictions having binding or influential force on it. 

 

	(3)	Once valid, the Agreement constitutes legal, valid and binding legal document upon Party A and can be enforceable according to its terms. 

 

	2.	Party B hereby represents and undertakes that: 

  

	(1)	Party B is a domestic limited liability company legally established and validly existing under the Chinese laws. 

  

	(2)	Party B will sign and perform the Agreement within its corporate power and the scope of its business operations, has taken all necessary corporate actions and proper authorization, and has obtained necessary consent and
approvals from the third party and government departments; moreover, it does not violate the legal or contractual restrictions having binding or influential force on it. 

 

	(3)	Once valid, the Agreement constitutes legal, valid and binding legal document upon Party A and can be enforceable according to its terms. 

 

	IV.	Liability for Breach 

  

	1.	Except as otherwise provided in the Agreement, if any party fails to perform or suspend the performance of its obligations under the Agreement, and within thirty days from the receipt of the notice from the other party
did not correct the above acts, or its statement and guarantee is not true, accurate or complete, it constitutes a breach of contract. 

	2.	In the event that any party breaches the Agreement or any of its statements and guarantees made hereunder, the observant party may notify the defaulting party in writing, requiring it to rectify the breach within ten
days from the receipt of the notice, to take corresponding measures in a timely and effective manner to avoid damages and continue performing its obligations under the Agreement. 

 

	3.	If any party breaches the Agreement, which thereby makes the other party undertake any costs, liabilities or suffer any losses (including but not limited to the company’s profit loss), the defaulting party shall
compensate the observant party for the said costs, liabilities or damages (including but not limited to the legal fees and interest paid or lost due to breach). Total compensation paid by the defaulting party to the observant party shall be the same
as the losses arising from that breach and the compensation includes the interest obtained by the observant party due to performance, but it shall not exceed the reasonable expectation of both parties. 

 

	4.	If any person lodges a claim for Party B’s failure to follow Party A’s instructions or its improper use of Party A’s intellectual property rights or improper operation, Party B shall take full
responsibility for the claim. When Party B finds that any person uses Party A’s relevant intellectual property rights without authorization, it shall promptly notify Party A and provide cooperation with all actions taken by Party A.

  
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	5.	If both parties are in breach of the Agreement, the parties shall determine the compensation payable in accordance with the extent of their respective defaults. 

 

	V.	Taxes 

 Taxes and fees arising from the performance hereof will be respectively borne by the parties in
accordance with the applicable laws and regulations. 
  

	VI.	Confidentiality 

  

	1.	The parties agree to take all reasonable measures to keep confidential the execution, terms and performance the Agreement, and the other party’s confidential information and information understood or accessed in
the performance hereof (the “Confidential Information”); without the prior written consent of the providing party, the Confidential Information shall not be disclosed, given or transferred to any third party. 

 

	2.	For the following information, the above restrictions will not apply: 

  

	(1)	materials can be obtained by a general public at the time of disclosure. 

  

	(2)	materials can be obtained by a general public after the disclosure not due to the fault of one party hereto. 

  

	(3)	materials that are not obtained from the other party directly or indirectly and the party hereto can prove that it has already known before disclosure. 

 

	(4)	the party hereto has the duty to make disclosure to the relevant government departments, stock exchanges or other institutions or for its normal operation needs, disclose the Confidential Information to the legal and
accounting counsel as required by law. 

  

	3.	The parties agree that this clause will survive changes, revocation or termination of the Agreement. 

  

	VII.	Effectiveness and Term 

  

	1.	The Agreement will take effect as of the date first written above after sealed by Party A and Party B. 

  

	2.	Unless Party A early revokes the Agreement, the Agreement is valid for ten years, commencing from the effectiveness date hereof. Before the expiration hereof, the parties shall extend the term of the Agreement as
required by Party A at the request of Party A and as required by Party A, separately sign the Exclusive Technology Consulting and Services Agreement or continue performing the Agreement. 

 

	VIII.	Termination 

  

	1.	During the term hereof, Party B shall not terminate the Agreement in advance unless Party A is bankrupt or dissolved or terminated in accordance with the law. If Party B terminates the Agreement in advance without
reasons, it shall compensate all losses caused to Party A, and pay the related service fee for the services completed. 

  

	2.	Party A is entitled to terminate the Agreement at any time by sending prior written notice thirty days in advance to Party B and its shareholders. 

 

	3.	The parties may terminate the Agreement upon negotiations. 

  

	IX.	Applicable Laws and Dispute Resolution 

  

	1.	Applicable Laws 

 Conclusion, validity, performance, interpretation, and disputes resolution of the Agreement
shall be governed by the laws of China. 
  

	2.	Arbitration 

 If and in the event that the parties hereto have disputes on the interpretation and performance of
the terms hereunder, the parties shall solve the same upon negotiations in good faith. Where an agreement fails to be concluded within thirty days after one party requests in writing to settle the disputes through negotiation, either party agrees to
submit the said disputes to China International Economic and Trade Arbitration Commission for arbitration under its arbitration rules then in force. Arbitration place is Beijing and the arbitration will be proceeded in Chinese. The arbitral award is
final and binding on the parties hereto. This article will survive the termination or revocation of the Agreement. 

  
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	X.	Force Majeure 

  

	1.	“Force Majeure” means all events that cannot be controlled or predicted by any party hereto, or even predictable but inevitable, and hinder that party from fulfilling its obligations hereunder in whole or in
part. Such events include but are not limited to any strike, factories closure, explosion, marine perils, natural disasters or public enemy, fires, floods, sabotage, accidents, war, riot, insurrection, and any other similar events.

  

	2.	Where any Force Majeure events occur, leading to the affected party’s inability to perform any obligations under the Agreement, during the period when the force majeure event lasts, the obligations hereunder
therefore blocked shall be suspended, and the performance date shall be automatically extended to the end of the force majeure event, and the affected party will not be subject to any penalty. 

 

	3.	In case of any Force Majeure, the affected party shall immediately notify the other party in written form, and provide appropriate evidence proving the occurrence of that Force Majeure and its duration. The affected
party shall use all reasonable efforts to terminate the Force Majeure. 

  

	4.	When any Force Majeure occurs, the parties shall immediately negotiate to find a fair solution, and shall also use all reasonable efforts to minimize the consequences of that Force Majeure. 

 

	5.	If the Force Majeure event lasts for over ninety days, and the parties failed to agree on a fair solution, either party is entitled to terminate the Agreement. If the Agreement is terminated according to the foregoing
provisions, there will be no new rights or obligations, but the rights and obligations incurred before the termination of the Agreement will survive the termination hereof. 

 

	XI.	Miscellaneous 

  

	1.	Modification and transfer 

  

	(1)	The parties hereby confirm that the Agreement is fairly and reasonably made of by and among the parties on the basis of equality and mutual benefit. For all the discussions, negotiations and written agreements by and
among the parties with respect to the contents hereof before the conclusion of the Agreement, if inconsistency with the Agreement, the Agreement shall prevail. 

  

	(2)	Any modification, supplement or change of the Agreement shall be made in writing and may not take effect before sealed by Party A and Party B. The modifications and supplements to the Agreement constitute an integral
part hereof and bear the same legal effect as the Agreement. 

  

	(3)	Party B will not transfer its rights or obligations under the Agreement to any third party, unless with Party A’s prior written consent. Party A may transfer its rights and obligations under the Agreement to its
affiliated enterprises without Party B’s consent, but shall notify Party B of the above assignment. 

  

	2.	Notices 

 All notices or other communications as required in the Agreement shall be in writing in Chinese and
delivered by personal delivery (including EMS) or registered airmail. Where the mailing address is changed without written notice, all notices and communications shall be sent to the following address: 

Party A: Baina Zhiyuan (Beijing) Technology Co., Ltd. 
 Address:
South 2-1-6, Block A, # 1 Plant, No.5 A Xueyuan Road, Haidian District, Beijing 
 Zip code: 100000 

Party B: Baina (Wuhan) Information Technology Co., Ltd. 

Address: 3/F, Building A2, Financial Harbor Phase I, No.77 Optics Valley Avenue, East Lake High-tech Development Zone, Wuhan, Hubei 

Zip code: 430000 

  
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	3.	Notice and Service 

 Notices and communications shall be considered served: 

 

	(1)	on the receipt of the receiving party if by personal delivery (including EMS). 

  

	(2)	on the third day as of the date shown on the post office’s receipt if by registered mail. 

  

	4.	Severability 

 Without prejudice to other provisions of the Agreement, if any provision of the Agreement or any
part thereof is held invalid, illegal, or unenforceable, or violates public benefits, the validity, legality, and enforceability of the remainder hereof will not be affected or damaged thereby. The parties shall sincerely negotiate a clause to the
satisfaction of the parties to replace the invalid one. 
  

	5.	Successors 

 The Agreement is binding on the parties’ legal successors and assignees. 

 

	6.	Waiver 

 Any one party’s failure to exercise or timely exercise the rights under the Agreement may not be
considered as a waiver of those rights and any single exercise will not affect that party’s exercise of any other rights in the future. 
  

	7.	Language and Counterparts 

 The Agreement is made in two copies in Chinese of the same legal effect. Each party
holds one. 
 (The remainder of this page is intentionally left blank) 

  
 5 

 (Signature Page of the Exclusive Technology Consulting and Services Agreement) 

Party A: Baina Zhiyuan (Beijing) Technology Co., Ltd. 

(Seal) 
 Party B: Baina (Wuhan) Information Technology Co.,
Ltd. 
 (Seal) 

  
 6

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