<SEC-DOCUMENT>0000950103-19-006413.txt : 20190515
<SEC-HEADER>0000950103-19-006413.hdr.sgml : 20190515
<ACCEPTANCE-DATETIME>20190515063813
ACCESSION NUMBER:		0000950103-19-006413
CONFORMED SUBMISSION TYPE:	SC 13D/A
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20190515
DATE AS OF CHANGE:		20190515
GROUP MEMBERS:		HUANG RIVER INVESTMENT LTD

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			JD.com, Inc.
		CENTRAL INDEX KEY:			0001549802
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-RETAIL STORES, NEC [5990]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13D/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-88175
		FILM NUMBER:		19824984

	BUSINESS ADDRESS:	
		STREET 1:		20TH FLOOR, BUILDING A, NO. 18 KECHUANG
		STREET 2:		YIZHUANG BDA
		CITY:			DAXING DISTRICT, BEIJING
		STATE:			F4
		ZIP:			101111
		BUSINESS PHONE:		86-10-5895-5500

	MAIL ADDRESS:	
		STREET 1:		20TH FLOOR, BUILDING A, NO. 18 KECHUANG
		STREET 2:		YIZHUANG BDA
		CITY:			DAXING DISTRICT, BEIJING
		STATE:			F4
		ZIP:			101111

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	360buy Jingdong Inc.
		DATE OF NAME CHANGE:	20120511

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Tencent Holdings Ltd
		CENTRAL INDEX KEY:			0001293451
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9

	FILING VALUES:
		FORM TYPE:		SC 13D/A

	BUSINESS ADDRESS:	
		STREET 1:		ROOM 3506, 35TH FLOOR
		STREET 2:		TOWER 2, LIPPO CENTRE
		CITY:			ADMIRALTY
		STATE:			K3
		ZIP:			00000
		BUSINESS PHONE:		86-755-86013388

	MAIL ADDRESS:	
		STREET 1:		ROOM 3506, 35TH FLOOR
		STREET 2:		TOWER 2, LIPPO CENTRE
		CITY:			ADMIRALTY
		STATE:			K3
		ZIP:			00000
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13D/A
<SEQUENCE>1
<FILENAME>dp106688_sc13da.htm
<DESCRIPTION>FORM SC 13D/A
<TEXT>
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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNITED STATES</B><BR>
<B>SECURITIES AND EXCHANGE COMMISSION</B>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SCHEDULE 13D/A</B>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Under the Securities Exchange Act Of
1934</B>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(Amendment No. 2)*</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>JD.com, Inc.</B>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Name of Issuer)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Class A ordinary shares, par value
US$0.00002 per share<BR>
<FONT STYLE="font-weight: normal">(Title of Class Securities)</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">47215P106<BR>
<FONT STYLE="font-weight: normal">(CUSIP Number)</FONT>**</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

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<TR STYLE="vertical-align: top">
    <TD STYLE="width: 27%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="width: 47%">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Tencent Holdings Limited</B><BR>
<B>29/F Three Pacific Place</B>&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>No. 1 Queen&rsquo;s Road East,
Wanchai, Hong Kong</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Telephone: +852 3148 5100</B>&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Name, Address and Telephone Number of Person
        Authorized to Receive Notices and Communications)</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P></TD>
    <TD STYLE="width: 26%; font-size: 10pt">&nbsp;</TD></TR>
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<TR STYLE="vertical-align: top">
    <TD STYLE="width: 100%">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>May 10, 2019</B>&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Date of Event which Requires Filing of
        this Statement)</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If the filing person has previously filed a statement on Schedule
13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of &sect;&sect;240.13d-1(e),
240.13d-l(f) or 240.13d-l(g), check the following box.&#9;<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9744;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">*The remainder of this cover page shall be filled out for a
reporting person&rsquo;s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment
containing information which would alter disclosures provided in a prior cover page.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The information required on the remainder of this cover page
shall not be deemed to be &ldquo;filed&rdquo; for the purpose of Section 18 of the Securities Exchange Act of 1934 (&ldquo;Act&rdquo;)
or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however,
see the Notes).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">**This CUSIP number applies to the American Depositary Shares,
each representing two Class A ordinary shares, par value $0.00002 per share. No CUSIP has been assigned to the ordinary shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<TR STYLE="vertical-align: top">
    <TD STYLE="width: 32%; border: Black 1pt solid; text-align: center; font-size: 10pt; font-weight: bold"><FONT STYLE="font-size: 10pt">CUSIP No. 47215P106</FONT></TD>
    <TD STYLE="width: 47%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-size: 10pt; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 21%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-size: 10pt; font-weight: bold">&nbsp;</TD></TR>
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<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="border: Black 1pt solid; padding: 1pt; text-align: center; text-indent: 0in; font-size: 10pt"><B>1.</B></TD>
    <TD COLSPAN="3" STYLE="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 1pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">NAME OF REPORTING PERSON</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">HUANG RIVER INVESTMENT LIMITED</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt"></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 1pt; text-align: center; text-indent: 0in; font-size: 10pt"><B>2.</B></TD>
    <TD COLSPAN="3" STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 1pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">CHECK THE APPROPRIATE BOX IF A MEMBER
        OF A GROUP (See Instructions)</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt"></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-align: right; text-indent: -9.35pt">(a) <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9744;</FONT>&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-align: right; text-indent: -9.35pt">(b) <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9744;</FONT>&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 1pt; text-align: center; text-indent: 0in; font-size: 10pt"><B>3.</B></TD>
    <TD COLSPAN="3" STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 1pt; font-size: 10pt">SEC USE ONLY</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 1pt; text-align: center; text-indent: 0in; font-size: 10pt"><B>4.</B></TD>
    <TD COLSPAN="3" STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 1pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">SOURCE OF FUNDS</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">AF</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt"></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 1pt; text-align: center; text-indent: 0in; font-size: 10pt"><B>5.</B></TD>
    <TD COLSPAN="3" STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 1pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS
        IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt"></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-align: right; text-indent: -9.35pt">&#9744;&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 1pt; text-align: center; text-indent: 0in; font-size: 10pt"><B>6.</B></TD>
    <TD COLSPAN="3" STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 1pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">CITIZENSHIP OR PLACE OF ORGANIZATION</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">BRITISH VIRGIN ISLANDS</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt"></P></TD></TR>
<TR>
    <TD COLSPAN="2" ROWSPAN="4" STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 1pt; text-align: center; text-indent: 0in; font-size: 10pt"><P STYLE="margin-top: 0; margin-bottom: 0"><B>NUMBER OF</B></P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0"><B>SHARES</B></P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0"><B>BENEFICIALLY</B></P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0"><B>OWNED BY</B></P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0"><B>EACH</B></P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0"><B>REPORTING</B></P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0"><B>PERSON</B><BR> <B>WITH</B></P></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 1pt; text-align: center; text-indent: 0in; font-size: 10pt"><B>7.</B></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 1pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">SOLE VOTING POWER</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">None</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt"></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 1pt; text-align: center; text-indent: 0in; font-size: 10pt"><B>8.</B></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 1pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">SHARED VOTING POWER</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">525,192,715<SUP>(1)</SUP></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt"></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 1pt; text-align: center; text-indent: 0in; font-size: 10pt"><B>9.</B></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 1pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">SOLE DISPOSITIVE POWER</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">None</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt"></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 1pt; text-align: center; text-indent: 0in; font-size: 10pt"><B>10.</B></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 1pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">SHARED DISPOSITIVE POWER</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">525,192,715<SUP>(1) </SUP></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt"></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 1pt; text-align: center; text-indent: 0in; font-size: 10pt"><B>11.</B></TD>
    <TD COLSPAN="3" STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 1pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">AGGREGATE AMOUNT BENEFICIALLY OWNED
        BY EACH REPORTING PERSON</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">525,192,715<SUP>(1)</SUP></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt"></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 1pt; text-align: center; text-indent: 0in; font-size: 10pt"><B>12.</B></TD>
    <TD COLSPAN="3" STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 1pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">CHECK IF THE AGGREGATE AMOUNT IN
        ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt"></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-align: right; text-indent: -9.35pt">&#9744;&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 1pt; text-align: center; text-indent: 0in; font-size: 10pt"><B>13.</B></TD>
    <TD COLSPAN="3" STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 1pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">PERCENT OF CLASS REPRESENTED BY AMOUNT
        IN ROW (11)</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">18.0% of total outstanding Ordinary
        Shares and 21.4% of total outstanding Class A Shares<SUP>(2)</SUP></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt"></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 1pt; text-align: center; text-indent: 0in; font-size: 10pt"><B>14.</B></TD>
    <TD COLSPAN="3" STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 1pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">TYPE OF REPORTING PERSON (See Instructions)</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">CO</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt"></P></TD></TR>
<TR>
    <TD STYLE="width: 4%; padding: 1pt">&nbsp;</TD>
    <TD STYLE="width: 11%; padding: 1pt">&nbsp;</TD>
    <TD STYLE="width: 5%; padding: 1pt">&nbsp;</TD>
    <TD STYLE="width: 80%; padding: 1pt">&nbsp;</TD></TR>
</TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">(1)</TD><TD>Includes 525,192,715 Class A ordinary shares, par value US$0.00002 per share (&ldquo;<B>Class A Shares</B>&rdquo;), held by
Huang River Investment Limited (including 30,820,020 Class A Shares represented by 15,410,010 American depositary shares, each
representing two Class A Shares (the &ldquo;<B>ADSs</B>&rdquo;), held by Huang River Investment Limited).</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">(2)</TD><TD>Calculation is based on 2,916,376,717 outstanding Ordinary Shares, comprising (i) 2,459,330,234 issued and outstanding Class&nbsp;A
Shares (including 2,451,202,932 Class A Shares issued and outstanding as of March 31, 2019, as disclosed in Section 3.03 of the
May 2019 Subscription Agreement (as defined below) and 8,127,302 Class A Shares issued to Huang River Investment Limited on May
10, 2019), and (ii) 457,046,483 Class&nbsp;B ordinary shares, par value US$0.00002 per share (&ldquo;<B>Class B Shares</B>&rdquo;
and collectively with Class A Shares, the &ldquo;<B>Ordinary Shares</B>&rdquo;), issued and outstanding as of March&nbsp;31, 2019,
as disclosed in Section 3.03 of the&nbsp;May 2019 Subscription Agreement. Holders of Class&nbsp;A Shares are entitled to one vote
per share, while holders of Class&nbsp;B Shares are entitled to twenty votes per share, when voting together as one class on all
matters subject to shareholder vote. Based on the foregoing, the 525,192,715 Class&nbsp;A Shares beneficially owned by the Reporting
Person represent 18.0% of the total outstanding Ordinary Shares, 21.4% of the total outstanding Class&nbsp;A Shares and 4.5% of
the aggregate voting power of the total outstanding Ordinary Shares.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>


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<TR STYLE="vertical-align: top">
    <TD STYLE="width: 32%; border: Black 1pt solid; text-align: center; font-size: 10pt; font-weight: bold"><FONT STYLE="font-size: 10pt">CUSIP No. 47215P106</FONT></TD>
    <TD STYLE="width: 47%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-size: 10pt; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 21%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; font-size: 10pt; font-weight: bold">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="border: Black 1pt solid; padding: 1pt; text-align: center; text-indent: 0in; font-size: 10pt"><B>1.</B></TD>
    <TD COLSPAN="3" STYLE="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 1pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">NAME OF REPORTING PERSON</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">TENCENT HOLDINGS LIMITED</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt"></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 1pt; text-align: center; text-indent: 0in; font-size: 10pt"><B>2.</B></TD>
    <TD COLSPAN="3" STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 1pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">CHECK THE APPROPRIATE BOX IF A MEMBER
        OF A GROUP (See Instructions)</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt"></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-align: right; text-indent: -9.35pt">(a) <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9744;</FONT>&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-align: right; text-indent: -9.35pt">(b) <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9744;</FONT>&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 1pt; text-align: center; text-indent: 0in; font-size: 10pt"><B>3.</B></TD>
    <TD COLSPAN="3" STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 1pt; font-size: 10pt">SEC USE ONLY</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 1pt; text-align: center; text-indent: 0in; font-size: 10pt"><B>4.</B></TD>
    <TD COLSPAN="3" STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 1pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">SOURCE OF FUNDS</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">AF</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt"></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 1pt; text-align: center; text-indent: 0in; font-size: 10pt"><B>5.</B></TD>
    <TD COLSPAN="3" STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 1pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS
        IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt"></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-align: right; text-indent: -9.35pt">&#9744;&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 1pt; text-align: center; text-indent: 0in; font-size: 10pt"><B>6.</B></TD>
    <TD COLSPAN="3" STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 1pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">CITIZENSHIP OR PLACE OF ORGANIZATION</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">CAYMAN ISLANDS</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt"></P></TD></TR>
<TR>
    <TD COLSPAN="2" ROWSPAN="4" STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 1pt; text-align: center; text-indent: 0in; font-size: 10pt"><P STYLE="margin-top: 0; margin-bottom: 0"><B>NUMBER OF</B></P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0"><B>SHARES</B></P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0"><B>BENEFICIALLY</B></P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0"><B>OWNED BY</B></P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0"><B>EACH</B></P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0"><B>REPORTING</B></P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0"><B>PERSON</B><BR> <B>WITH</B></P></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 1pt; text-align: center; text-indent: 0in; font-size: 10pt"><B>7.</B></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 1pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">SOLE VOTING POWER</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">None</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt"></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 1pt; text-align: center; text-indent: 0in; font-size: 10pt"><B>8.</B></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 1pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">SHARED VOTING POWER</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">525,192,715<SUP>(1)</SUP></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt"></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 1pt; text-align: center; text-indent: 0in; font-size: 10pt"><B>9.</B></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 1pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">SOLE DISPOSITIVE POWER</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">None</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt"></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 1pt; text-align: center; text-indent: 0in; font-size: 10pt"><B>10.</B></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 1pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">SHARED DISPOSITIVE POWER</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">525,192,715<SUP>(1)</SUP></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt"></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 1pt; text-align: center; text-indent: 0in; font-size: 10pt"><B>11.</B></TD>
    <TD COLSPAN="3" STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 1pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">AGGREGATE AMOUNT BENEFICIALLY OWNED
        BY EACH REPORTING PERSON</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">525,192,715<SUP>(1)</SUP></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt"></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 1pt; text-align: center; text-indent: 0in; font-size: 10pt"><B>12.</B></TD>
    <TD COLSPAN="3" STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 1pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">CHECK IF THE AGGREGATE AMOUNT IN
        ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt"></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-align: right; text-indent: -9.35pt">&#9744;&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 1pt; text-align: center; text-indent: 0in; font-size: 10pt"><B>13.</B></TD>
    <TD COLSPAN="3" STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 1pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">PERCENT OF CLASS REPRESENTED BY AMOUNT
        IN ROW (11)</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">18.0% of total outstanding Ordinary
        Shares and 21.4% of total outstanding Class A Shares <SUP>(2)</SUP></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt"></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding: 1pt; text-align: center; text-indent: 0in; font-size: 10pt"><B>14.</B></TD>
    <TD COLSPAN="3" STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding: 1pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">TYPE OF REPORTING PERSON (See Instructions)</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt">HC</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt"></P></TD></TR>
<TR>
    <TD STYLE="width: 4%; padding: 1pt">&nbsp;</TD>
    <TD STYLE="width: 11%; padding: 1pt">&nbsp;</TD>
    <TD STYLE="width: 5%; padding: 1pt">&nbsp;</TD>
    <TD STYLE="width: 80%; padding: 1pt">&nbsp;</TD></TR>
</TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">(1)</TD><TD>Includes 525,192,715 Class A Shares held by Huang River Investment Limited, a wholly owned subsidiary of Tencent Holdings Limited,
including 30,820,020 Class A Shares represented by 15,410,010 ADSs held by Huang River Investment Limited.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">(2)</TD><TD>Calculation is based on 2,916,376,717 outstanding Ordinary Shares, comprising (i) 2,459,330,234 issued and outstanding Class&nbsp;A
Shares (including 2,451,202,932 Class A Shares issued and outstanding as of March 31, 2019, as disclosed in Section 3.03 of the
May 2019 Subscription Agreement (as defined below) and 8,127,302 Class A Shares issued to Huang River Investment Limited on May
10, 2019), and (ii) 457,046,483 Class&nbsp;B Shares issued and outstanding as of March&nbsp;31, 2019, as disclosed in Section 3.03
of the May 2019&nbsp;Subscription Agreement. Holders of Class&nbsp;A Shares are entitled to one vote per share, while holders of
Class&nbsp;B Shares are entitled to twenty votes per share, when voting together as one class on all matters subject to shareholder
vote. Based on the foregoing, the 525,192,715 Class&nbsp;A Shares beneficially owned by the Reporting Person represent 18.0% of
the total outstanding Ordinary Shares, 21.4% of the&nbsp;total outstanding Class&nbsp;A Shares and 4.5% of the aggregate voting
power of the total outstanding Ordinary Shares.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">This Amendment No. 2 to statement on Schedule
13D (this &ldquo;<B>Amendment No. 2</B>&rdquo;) amends and supplements the&nbsp;Schedule 13D filed on June 9, 2014, as amended
by Amendment No. 1 filed on August 19, 2016 (as further amended by this Amendment No. 2, the &ldquo;<B>Statement</B>&rdquo;), and
is being filed on behalf of Tencent Holdings Limited, a Cayman Islands company (&ldquo;<B>Tencent</B>&rdquo;), and Huang River
Investment Limited, a British Virgin Islands company wholly owned by Tencent (&ldquo;<B>Huang River</B>&rdquo; and together with
Tencent, the &ldquo;<B>Reporting Persons</B>&rdquo;) in respect of the Class A ordinary shares, par value US$0.00002 per share
(the &ldquo;<B>Class A Shares</B>&rdquo;) of JD.com, Inc., a company with limited liability incorporated under the laws of the
Cayman Islands (the &ldquo;<B>Issuer</B>&rdquo;). Unless otherwise stated herein, the Statement remains in full force and effect.
All capitalized terms used in the Amendment No. 2 but not defined herein shall have the meanings ascribed to them in the Statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Item 1. Security and Issuer</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">The second paragraph of Item 1 of the Statement
is hereby amended and restated in its entirety as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">The Issuer&rsquo;s American depositary
shares (the &ldquo;<B>ADSs</B>&rdquo;), each representing two Class A Shares, are listed on the NASDAQ Global Select Market under
the symbol &ldquo;<B>JD</B>.&rdquo; The Reporting Persons beneficially own 525,192,715 Class A Shares (including 15,410,010 ADSs
representing 30,820,020 Class A Shares).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Item 2. Identity and Background</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Appendix A to the Statement is hereby amended
and restated in its entirety by Appendix A attached hereto, which is incorporated herein by reference.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Item 3. Source and Amount of Funds or Other Consideration</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Item 3 of the Statement is hereby amended
and supplemented by inserting the following at the end thereof:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">On May 10, 2019, Huang River entered into
a Share Subscription Agreement with the Issuer (the &ldquo;<B>May 2019 Subscription Agreement</B>&rdquo;), pursuant to which the
Issuer agreed to issue and Huang River agreed to purchase certain Class A Shares at three separate closings. At the first closing
on May 10, 2019, the Issuer issued 8,127,302 Class A Shares to Huang River, at a consideration of US$116,840,000 payable in cash.
At each of the second closing and the third closing, which will take place on May 27, 2020 and 2021 respectively unless otherwise
agreed, the Issuer will issue to Huang River certain number of Class A Shares at then prevailing market prices as determined in
accordance with the May 2019 Subscription Agreement, at a consideration of US$68,160,000 payable in cash for each such subsequent
issuance.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">The foregoing description of the May 2019
Subscription Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the May
2019 Subscription Agreement. A copy of the&nbsp;May 2019 Subscription Agreement is filed as Exhibit 9 hereto and is incorporated
herein by reference.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Item 4. Purpose of Transaction</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Item 4 of the Statement is hereby amended
by replacing the first paragraph of Item 4 in its entirety with the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">As described in Item 3 above and Item 6
below, which descriptions are incorporated herein by reference in answer to this Item 4, this Statement is being filed in connection
with the acquisition of Class A Shares by Huang River as a result of the transactions described in this Statement. The Reporting
Persons acquired the&nbsp;Class A Shares as a strategic investment and in connection with the transactions contemplated under the
Subscription Agreement, the IPO Subscription Agreement and the May 2019 Subscription Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Item 5. Interest in Securities of the Issuer</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Items 5(a)&ndash;(b) of the Statement are
hereby amended and restated in its entirety as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">(a)&ndash;(b) As of the date of this Statement,
each Reporting Person may be deemed to have beneficial ownership and shared power to vote or direct the vote of 525,192,715 Class
A Shares (including 15,410,010 ADSs representing 30,820,020 Class A Shares), representing approximately 18.0% of total outstanding
Ordinary Shares and 21.4% of total outstanding Class A Shares. The above calculation is based on 2,916,376,717 total outstanding
Ordinary Shares, comprising (i) 2,459,330,234 issued and outstanding Class A Shares (including 2,451,202,932 Class A Shares issued
and outstanding as of March 31, 2019, as disclosed in Section 3.03 of the May 2019 Subscription Agreement, and 8,127,302 Class
A Shares issued to Huang River</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">Investment
Limited on May 10, 2019), and (ii) 457,046,483 Class B Shares issued and outstanding as of March 31, 2019, as disclosed in Section
3.03 of the May 2019 Subscription Agreement. Holders of Class A Shares are entitled to one vote per share, while holders of Class
B Shares are entitled to twenty votes per share, when voting together as one class on all matters subject to shareholder vote.
Based on the foregoing, the 525,192,715 Class A Shares beneficially owned by the Reporting Person as of the date of this Statement
represent 4.5% of the aggregate voting power of the total issued and outstanding Ordinary Shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Pursuant to the May 2019 Subscription Agreement,
the Issuer will issue to Huang River certain number of Class A Shares at then prevailing market prices at a consideration of US$68,160,000
payable in cash at each of the second closing and the third closing under the May 2019 Subscription Agreement, which will take
place on May 27, 2020 and 2021 respectively unless otherwise agreed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Except as set forth in this Item 5(a) and
(b), to the best of knowledge of the Reporting Persons, no person identified in Appendix A hereto beneficially owns any Shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Item 5(c) of the Statement is hereby amended
and restated in its entirety as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">(c) <FONT STYLE="background-color: white">Other
than the transactions contemplated by the May 2019 Subscription Agreement as described elsewhere in this Statement, there have
been no transactions in the Ordinary Shares by the Reporting Persons or, to </FONT>the best of <FONT STYLE="background-color: white">knowledge
of the Reporting Persons, any of the persons identified in Appendix A hereto during the past 60 days.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">The information set forth in Item 3 above
is also incorporated herein by reference.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Item 6. Contracts, Arrangements, Understandings or Relationships
with Respect to Securities of the Issuer</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Item 6 of the Statement is hereby amended
by inserting the following paragraphs at the end of Item 6:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in"><B><I>May 2019 Subscription Agreement</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">On May 10, 2019, Huang River and the Issuer
entered into the May 2019 Subscription Agreement, pursuant to which the Issuer agreed to issue and Huang River agreed to purchase
certain Class A Shares at three separate closings. At the first closing on May 10, 2019, the Issuer issued 8,127,302 Class A Shares
to Huang River at a consideration of US$116,840,000 payable in cash. At each of the second closing and the third closing, which
will take place on May 27, 2020 and 2021 respectively unless otherwise agreed, the Issuer will issue to Huang River certain number
of Class A Shares at then prevailing market prices as determined in accordance with the May 2019 Subscription Agreement at a consideration
of US$68,160,000 payable in cash for each such subsequent issuance.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">The May 2019 Subscription Agreement contains
customary representations, warranties and indemnities from each of Huang River and the Issuer for a transaction of this nature.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in"><I>Lock-up</I>. Under the May 2019 Subscription
Agreement, Huang River has agreed not to, directly or indirectly, sell, transfer or otherwise dispose of any Class A Shares issued
under the May 2019 Subscription Agreement for a twelve-month period commencing from the applicable date of issuance of such Class
A Shares, subject to an exception for transfers to subsidiaries of Tencent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">The foregoing description of the May 2019
Subscription Agreement does not purport to be a complete description of the terms thereof and is qualified in its entirety by reference
to the full text of the May 2019 Subscription Agreement. A copy of the May 2019 Subscription Agreement is filed as Exhibit 9 hereto
and is incorporated herein by reference.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>


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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Item 7. Material to be Filed as Exhibits</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Item 7 of the Statement is hereby amended
and supplemented by adding the following exhibit:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 11%; border-bottom: Black 1pt solid; font-size: 10pt"><B>Exhibit&nbsp;No.</B></TD>
    <TD STYLE="width: 2%; font-size: 10pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 87%; border-bottom: Black 1pt solid; font-size: 10pt; text-align: center"><B>Description</B></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; font-size: 10pt">9</TD>
    <TD STYLE="vertical-align: bottom; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt">Share Subscription Agreement dated May 10, 2019 between Huang River Investment Limited and JD.com, Inc.</TD></TR>
</TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">Appendix A</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">EXECUTIVE OFFICERS AND DIRECTORS OF
TENCENT HOLDINGS LIMITED</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">The names of the directors and the names
and titles of the executive officers of Tencent Holdings Limited and their principal occupations are set forth below. The business
address of each of the directors or executive officers is c/o Tencent Holdings Limited, 29/F Three Pacific Place, No. 1 Queen&rsquo;s
Road East, Wanchai, Hong Kong. Unless otherwise indicated, each occupation set forth opposite an individual&rsquo;s name refers
to Tencent Holdings Limited.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; border-bottom: Black 0.5pt solid">Name&nbsp;</P></TD>
    <TD STYLE="width: 46%; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 0.5pt solid">Citizenship&nbsp;</P></TD>
    <TD STYLE="width: 29%; padding-top: 1pt; padding-right: 0pt; padding-bottom: 1pt">
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 0.5pt solid">Title&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt"><B>Directors:</B></TD>
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 0pt; padding-bottom: 1pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">Ma Huateng</TD>
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">People&rsquo;s Republic of China</TD>
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 0pt; padding-bottom: 1pt">Chairman of the Board and Executive Director</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">Lau Chi Ping Martin</TD>
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">People&rsquo;s Republic of China (Hong Kong SAR)</TD>
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 0pt; padding-bottom: 1pt">Executive Director</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">Jacobus Petrus (Koos) Bekker</TD>
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">Republic of South Africa</TD>
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 0pt; padding-bottom: 1pt">Non-Executive Director</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">Charles St Leger Searle</TD>
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">Republic of South Africa</TD>
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 0pt; padding-bottom: 1pt">Non-Executive Director</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">Li Dong Sheng</TD>
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">People&rsquo;s Republic of China</TD>
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 0pt; padding-bottom: 1pt">Independent Non-Executive Director</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">Iain Ferguson Bruce</TD>
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">People&rsquo;s Republic of China (Hong Kong SAR)</TD>
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 0pt; padding-bottom: 1pt">Independent Non-Executive Director</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">Ian Charles Stone</TD>
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">People&rsquo;s Republic of China (Hong Kong SAR)</TD>
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 0pt; padding-bottom: 1pt">Independent Non-Executive Director</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">Yang Siu Shun</TD>
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">People&rsquo;s Republic of China (Hong Kong SAR)</TD>
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 0pt; padding-bottom: 1pt">Independent Non-Executive Director</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 0pt; padding-bottom: 1pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt"><B>Executive officers:</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt"></P></TD>
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 0pt; padding-bottom: 1pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">Ma Huateng</TD>
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">People&rsquo;s Republic of China</TD>
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 0pt; padding-bottom: 1pt">Chief Executive Officer</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">Lau Chi Ping Martin</TD>
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">People&rsquo;s Republic of China (Hong Kong SAR)</TD>
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 0pt; padding-bottom: 1pt">President</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">Xu Chenye</TD>
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">People&rsquo;s Republic of China</TD>
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 0pt; padding-bottom: 1pt">Chief Information Officer</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">Ren Yuxin</TD>
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">People&rsquo;s Republic of China</TD>
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 0pt; padding-bottom: 1pt">Chief Operating Officer and President of Platform &amp; Content Group and Interactive Entertainment Group</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">David A M Wallerstein</TD>
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">United States of America</TD>
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 0pt; padding-bottom: 1pt">Chief eXploration Officer and Senior Executive Vice President</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">James Gordon Mitchell</TD>
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">United Kingdom of Great Britain and Northern Ireland</TD>
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 0pt; padding-bottom: 1pt">Chief Strategy Officer and Senior Executive Vice President</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">John Shek Hon Lo</TD>
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">People&rsquo;s Republic of China (Hong Kong SAR)</TD>
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 0pt; padding-bottom: 1pt">Senior Vice President and Chief Financial Officer</TD></TR>
</TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

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                                                                                     A-1&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">EXECUTIVE OFFICERS AND DIRECTORS OF
HUANG RIVER INVESTMENT LIMITED</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">The names of the directors and the names
and titles of the executive officers of Huang River Investment Limited and their principal occupations are set forth below. The
business address of each of the directors or executive officers is c/o Tencent Holdings Limited, 29/F Three Pacific Place, No.
1 Queen&rsquo;s Road East, Wanchai, Hong Kong. Unless otherwise indicated, each occupation set forth opposite an individual&rsquo;s
name refers to Huang River Investment Limited.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; border-bottom: Black 0.5pt solid">Name&nbsp;</P></TD>
    <TD STYLE="padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 0.5pt solid">Citizenship&nbsp;</P></TD>
    <TD COLSPAN="2" STYLE="padding-top: 1pt; padding-right: 0pt; padding-bottom: 1pt">
        <P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 0.5pt solid">Title&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="4" STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt"><B>Directors:</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">Ma Huateng</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">People&rsquo;s Republic of China</TD>
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 0pt; padding-bottom: 1pt">Director</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">Charles St Leger Searle</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">Republic of South Africa</TD>
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 0pt; padding-bottom: 1pt">Director</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 0pt; padding-bottom: 1pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="4" STYLE="padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt"><B>Executive officers:</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt; text-indent: -9.35pt"></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">N/A</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; padding-top: 1pt; padding-right: 0pt; padding-bottom: 1pt">&nbsp;</TD></TR>
<TR>
    <TD STYLE="width: 33%; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 35%; padding-top: 1pt; padding-right: 5pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 1%; padding-top: 1pt; padding-right: 0pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 31%; padding-top: 1pt; padding-right: 0pt; padding-bottom: 1pt">&nbsp;</TD></TR>
</TABLE>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">SIGNATURE</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">After reasonable inquiry and to the best
of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Date: May 15, 2019</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt"><B>Tencent Holdings Limited</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="width: 7%; font-size: 10pt">By:</TD>
    <TD STYLE="width: 39%; border-bottom: Black 1pt solid; font-size: 10pt">/s/ Lau Chi Ping Martin</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">Name:&#9;Lau Chi Ping Martin</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">Title:&#9;Authorized Signatory</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt"><B>Huang River Investment Limited</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt">By:</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt">/s/ Lau Chi Ping Martin</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">Name:&#9;Lau Chi Ping Martin</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">Name:&#9;Authorized Signatory</TD></TR>
</TABLE>


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<DOCUMENT>
<TYPE>EX-9
<SEQUENCE>2
<FILENAME>dp106688_ex9.htm
<DESCRIPTION>EXHIBIT 9
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
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<P STYLE="margin: 0; text-align: right"><B>Exhibit 9</B></P>

<P STYLE="margin: 0"><B>&nbsp;</B></P>

<P STYLE="margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="margin: 0"></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">EXECUTION
VERSION</FONT></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">SHARE
SUBSCRIPTION AGREEMENT</FONT></P>

<P STYLE="font: bold 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt; font-weight: normal">dated
May 10, 2019</FONT></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt; font-weight: normal">by
and between</FONT></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;</FONT></P>

<P STYLE="font: bold 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">JD.COM,
INC.</FONT></P>

<P STYLE="font: bold 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt; font-weight: normal">and</FONT></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">&nbsp;</FONT></P>

<P STYLE="font: bold 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt">HUANG
RIVER INVESTMENT LIMITED</FONT></P>

<P STYLE="font: bold 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: bold 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: bold 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: bold 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


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<P STYLE="font: bold 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">TABLE
OF CONTENTS</FONT></P>

<P STYLE="font: bold 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

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<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%">
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD COLSPAN="2" STYLE="text-align: center; padding-top: 12pt; padding-bottom: 12pt; padding-left: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Article
    I DEFINITIONS</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="width: 90%; text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    1.01&nbsp;&nbsp;&nbsp;Definitions</FONT></TD>
    <TD STYLE="width: 10%; text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    1.02&nbsp;&nbsp;&nbsp;Other Definitional And Interpretive Provisions</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD COLSPAN="2" STYLE="text-align: center; padding-top: 12pt; padding-bottom: 12pt; padding-left: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Article
    II SALE AND PURCHASE OF THE SUBSCRIPTION SHARES; BUSINESS COOPERATION AGREEMENT</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    2.01&nbsp;&nbsp;&nbsp;Certain Transactions</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    2.02&nbsp;&nbsp;&nbsp;Closings</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    2.03&nbsp;&nbsp;&nbsp;Issuances of Shares at Each Closing</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    2.04&nbsp;&nbsp;&nbsp;Restrictive Legend</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD COLSPAN="2" STYLE="text-align: center; padding-top: 12pt; padding-bottom: 12pt; padding-left: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Article
    III REPRESENTATIONS AND WARRANTIES OF THE COMPANY</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    3.01&nbsp;&nbsp;&nbsp;Accuracy of Disclosure</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    3.02&nbsp;&nbsp;&nbsp;Existence and Qualification</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">11</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    3.03&nbsp;&nbsp;&nbsp;Capitalization; Issuance of Subscription Shares</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">11</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    3.04&nbsp;&nbsp;&nbsp;Capacity, Authorization and Enforceability</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">12</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    3.05&nbsp;&nbsp;&nbsp;Non-Contravention</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">12</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    3.06&nbsp;&nbsp;&nbsp;Consents and Approvals</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">13</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    3.07&nbsp;&nbsp;&nbsp;Financial Statements</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">13</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    3.08&nbsp;&nbsp;&nbsp;Absence of Certain Changes</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">13</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    3.09&nbsp;&nbsp;&nbsp;Contracts</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">14</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    3.10&nbsp;&nbsp;&nbsp;Litigation</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">14</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    3.11&nbsp;&nbsp;&nbsp;Compliance with Laws</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">14</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    3.12&nbsp;&nbsp;&nbsp;Brokers&rsquo; Fees</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    3.13&nbsp;&nbsp;&nbsp;No Securities Act Registration</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    3.14&nbsp;&nbsp;&nbsp;Investment Company</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    3.15&nbsp;&nbsp;&nbsp;Compliance with Nasdaq Requirements</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    3.16&nbsp;&nbsp;&nbsp;Tax</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">17</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    3.17&nbsp;&nbsp;&nbsp;Acknowledgment Regarding Purchaser&rsquo;s Purchase of Securities</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">17</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD COLSPAN="2" STYLE="text-align: center; padding-top: 12pt; padding-bottom: 12pt; padding-left: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Article
    IV REPRESENTATIONS AND WARRANTIES OF THE PURCHASER</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    4.01&nbsp;&nbsp;&nbsp;Existence</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">17</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    4.02&nbsp;&nbsp;&nbsp;Capacity</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">17</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    4.03&nbsp;&nbsp;&nbsp;Authorization And Enforceability</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">17</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    4.04&nbsp;&nbsp;&nbsp;Non-Contravention</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">18</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    4.05&nbsp;&nbsp;&nbsp;Consents and Approvals</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">18</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    4.06&nbsp;&nbsp;&nbsp;Brokers&rsquo; Fees</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">18</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    4.07&nbsp;&nbsp;&nbsp;Securities Law Matters</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">18</FONT></TD></TR>
</TABLE>

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<P STYLE="margin: 0"></P>

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<P STYLE="margin: 0">&nbsp;&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%">
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in; width: 90%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    4.08&nbsp;&nbsp;&nbsp;Investment Experience</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">19</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD COLSPAN="2" STYLE="text-align: center; padding-top: 12pt; padding-bottom: 12pt; padding-left: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Article
    V COVENANTS</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    5.01&nbsp;&nbsp;&nbsp;Lock-Up</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">19</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    5.02&nbsp;&nbsp;&nbsp;Deposit Arrangement</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">19</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    5.03&nbsp;&nbsp;&nbsp;Nasdaq Listing</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">20</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD COLSPAN="2" STYLE="text-align: center; padding-top: 12pt; padding-bottom: 12pt; padding-left: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Article
    VI ADDITIONAL AGREEMENTS</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    6.01&nbsp;&nbsp;&nbsp;Reasonable Best Efforts; Further Assurances</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">20</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    6.02&nbsp;&nbsp;&nbsp;Public Announcements</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">20</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    6.03&nbsp;&nbsp;&nbsp;Compliance with Transaction Documents</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">21</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    6.04&nbsp;&nbsp;&nbsp;Survival</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">21</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD COLSPAN="2" STYLE="text-align: center; padding-top: 12pt; padding-bottom: 12pt; padding-left: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Article
    VII CLOSING CONDITIONS</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    7.01&nbsp;&nbsp;&nbsp;Conditions to Obligations of the Company and the Purchaser</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">21</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    7.02&nbsp;&nbsp;&nbsp;Conditions to Obligations of the Company</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">22</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    7.03&nbsp;&nbsp;&nbsp;Conditions to Obligations of the Purchaser</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">22</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD COLSPAN="2" STYLE="text-align: center; padding-top: 12pt; padding-bottom: 12pt; padding-left: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Article
    VIII INDEMNIFICATION</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    8.01&nbsp;&nbsp;&nbsp;Indemnification</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">22</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    8.02&nbsp;&nbsp;&nbsp;Third Party Claims</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">23</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    8.03&nbsp;&nbsp;&nbsp;Materiality</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">24</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    8.04&nbsp;&nbsp;&nbsp;Investigation</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">24</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD COLSPAN="2" STYLE="text-align: center; padding-top: 12pt; padding-bottom: 12pt; padding-left: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Article
    IX MISCELLANEOUS</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    9.01&nbsp;&nbsp;&nbsp;Notices</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">25</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    9.02&nbsp;&nbsp;&nbsp;Severability</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">26</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    9.03&nbsp;&nbsp;&nbsp;Entire Agreement</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">26</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    9.04&nbsp;&nbsp;&nbsp;Counterparts</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">26</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    9.05&nbsp;&nbsp;&nbsp;Assignments</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">26</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    9.06&nbsp;&nbsp;&nbsp;Descriptive Headings; Construction</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">26</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    9.07&nbsp;&nbsp;&nbsp;Amendment</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">27</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    9.08&nbsp;&nbsp;&nbsp;Governing Law</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">27</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    9.09&nbsp;&nbsp;&nbsp;Dispute Resolution</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">27</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    9.10&nbsp;&nbsp;&nbsp;Expenses</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">27</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    9.11&nbsp;&nbsp;&nbsp;Third Party Beneficiaries</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">27</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    9.12&nbsp;&nbsp;&nbsp;Specific Performance</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">27</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0pt; padding-left: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
    9.13&nbsp;&nbsp;&nbsp;No Waiver; Cumulative Remedies</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">28</FONT></TD></TR>
</TABLE>
<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule
A&#9;&#9;Subscription Shares&nbsp;</FONT></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule
B&#9;&#9;Limitations on Liability</FONT></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

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<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>



<P STYLE="margin: 0"></P>

<P STYLE="margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">SHARE
SUBSCRIPTION AGREEMENT</FONT></P>

<P STYLE="font: bold 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">SHARE SUBSCRIPTION
AGREEMENT, dated May 10, 2019 (this &ldquo;<B>Agreement</B>&rdquo;), by and between JD.com, Inc., a company organized under the
laws of the Cayman Islands (the&nbsp;&ldquo;<B>Company</B>&rdquo;) and Huang River Investment Limited, a company organized under
the laws of the&nbsp;British Virgin Islands (the &ldquo;<B>Purchaser</B>&rdquo;).</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">WHEREAS,
the Company is a leading e-commerce company in China and the American Depository Shares representing its Class A ordinary shares,
each with a par value US$0.00002 per share (&ldquo;<B>Class A Ordinary Shares</B>&rdquo;), are listed and traded on Nasdaq (as
defined below); and</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">WHEREAS,
the Company desires to allot and issue to the Purchaser, and the Purchaser desires to subscribe for and purchase from the Company,
certain Class A Ordinary Shares, pursuant to the terms and conditions set forth in this Agreement.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">NOW, THEREFORE,
in consideration of the foregoing and representations, warranties, covenants and agreements set forth herein as well as other
good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged and accepted, and intending to be
legally bound hereby, the parties hereto hereby agree as follows:</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: small-caps 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 10pt; font-variant: normal; text-transform: uppercase">Article
I</FONT><FONT STYLE="font-size: 10pt"><BR>
<FONT STYLE="font-variant: normal">DEFINITIONS</FONT></FONT></P>

<P STYLE="font: small-caps 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
1.01</FONT><FONT STYLE="font-size: 10pt"><I>&#9;Definitions</I>. As used in this Agreement, the following terms shall have the
following meanings:</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>ADSs</B>&rdquo;
has the meaning assigned to such term in &lrm;Section 3.15(b).</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Affiliate</B>&rdquo;
means, with respect to any Person, any other Person directly or indirectly controlling, controlled by or under common control
with such Person. For purposes of this definition, &ldquo;<B>control</B>&rdquo; when used with respect to any Person means the
power to direct the&nbsp;management and policies of such Person, directly or indirectly, whether through the ownership of voting
securities, by contract or otherwise; <U>provided</U>, <U>however</U>, that such power or authority shall conclusively be presumed
to exist upon possession of beneficial ownership or power to direct the vote of more than fifty percent (50%) of the votes entitled
to be cast at a meeting of the members or shareholders of such Person or power to control the composition of a majority of the
board of directors of such Person; the terms &ldquo;<B>controlling</B>&rdquo; and &ldquo;<B>controlled</B>&rdquo; have correlative
meanings. With respect to any Person, its &ldquo;Affiliates&rdquo; includes its Subsidiaries, whether directly or indirectly owned,
that are controlled by it (including the PRC domestic affiliate companies controlled by such Person through a variable interest
entity structure). For purposes of this Agreement, the Purchaser shall be deemed not to be an Affiliate of the Company, and neither
the Company nor any of its Subsidiaries shall be deemed to be an Affiliate of the Purchaser.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Agreement</B>&rdquo;
has the meaning assigned to such term in the preamble.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Applicable
Laws</B>&rdquo; means, with respect to any Person, any transnational, domestic or foreign federal, national, state, provincial,
local or municipal law (statutory, common or otherwise), constitution, treaty, convention, ordinance, code, rule, regulation,
executive order,</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in"><FONT STYLE="font-size: 10pt">injunction,
judgment, decree, ruling or other similar requirement enacted, adopted, promulgated or applied by, or governmental approval, concession,
grant, franchise, license, agreement, directive, or other governmental restriction or any similar form of decision of, or determination
by, or any formally issued written interpretation or administration of any of the foregoing by, a&nbsp;Governmental Entity that
is binding upon or applicable to such Person or any of such Person&rsquo;s assets, rights or properties.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Approvals</B>&rdquo;
means any license, consent, authorization, order, confirmation, qualification, permission, certificate, approval, record-filing,
registration and/or permit.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Board</B>&rdquo;
means the board of directors of the Company.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Business
Cooperation Agreement</B>&rdquo; means (i) the Business Cooperation Agreement, dated the date hereof, by and among the Company,
Chongqing Jingdong Haijia E-commerce Co., Ltd., a Subsidiary of the Company, and Shenzhen Tencent Computer Systems Computer Limited,
an Affiliate of the Purchaser, and (ii) all agreements and instruments that supplement or are otherwise entered into in connection
with the agreement referred to in item (i) above. The Business Cooperation Agreement will take effect on May 27, 2019.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Business
Day</B>&rdquo; means each calendar day except Saturdays, Sundays and any other day on which banks are generally required or permitted
to be closed for business in New York, the&nbsp;Cayman Islands, the PRC or Hong Kong.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Claim
Notice</B>&rdquo; has the meaning assigned to such term in &lrm;Section 8.02(a).</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Class
A Ordinary Shares</B>&rdquo; has the meaning assigned to such term in the recitals.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Closing</B>&rdquo;
means (i) with respect to the First Issuance Shares, the First Closing, (ii) with respect to the Second Issuance Shares, the Second
Closing, and (iii) with respect to the Third Issuance Shares, the Third Closing.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Closing
Date</B>&rdquo; means (i) with respect to the First Issuance Shares, the First Closing Date, (ii) with respect to the Second Issuance
Shares, the Second Closing Date, and (iii) with respect to the Third Issuance Shares, the Third Closing Date.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Company</B>&rdquo;
has the meaning assigned to such term in the preamble.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Company
Securities</B>&rdquo; means (i) Ordinary Shares, (ii) securities convertible into, or exercisable or exchangeable, for Ordinary
Shares, (iii) any options, warrants or other rights to acquire Ordinary Shares and (iv) any American Depository Shares, depository
receipts or similar instruments issued in respect of Ordinary Shares.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Consultation
Period</B>&rdquo; has the meaning assigned to such term in &lrm;Section 9.09(a).</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Contracts</B>&rdquo;
means any contract, agreement, indenture, note, bond, loan, instrument, lease, conditional sale contract, mortgage, security agreement,
license, franchise, commitment or other arrangement or agreement, whether written or oral.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Dispute</B>&rdquo;
has the meaning assigned to such term in &lrm;Section 9.09(a).</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Encumbrance</B>&rdquo;
means any mortgage, lien, pledge, charge, security interest, title defect, preemptive or similar right or other encumbrance; <U>provided
</U>that the rights and obligations under the Shareholders Agreement shall be deemed not to be Encumbrances.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Exchange
Act</B>&rdquo; means the U.S. Securities Exchange Act of 1934, as amended, and any rules and regulations promulgated thereunder.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>First
Closing Date</B>&rdquo; means the date hereof, being the date on which the First Issuance Shares shall be issued under &lrm;Section
2.03, except as may be otherwise agreed by the parties hereto.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>First
Issuance Consideration</B>&rdquo; means US$116,840,000.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>First
Issuance Shares</B>&rdquo; means such number of Class A Ordinary Shares of the Company as set forth in Schedule A.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Fundamental
Company Representations</B>&rdquo; means the representations and warranties by the Company contained in Sections &lrm;3.02, &lrm;3.03,
&lrm;3.04, &lrm;3.05, 3.13, 3.14 and 3.16.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Fundamental
Purchaser Representations</B>&rdquo; means the representations and warranties by the Purchaser contained in Sections &lrm;4.01,
&lrm;4.02, &lrm;4.03 and &lrm;4.04.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Governmental
Entity</B>&rdquo; means any transnational or supranational, domestic or foreign federal, national, state, provincial, local or
municipal governmental, regulatory, self-regulatory, enforcement, judicial or administrative authority, department, court, arbitral
body, agency, official or instrumentality (including any applicable securities exchange), including any department, commission,
board, agency, bureau, subdivision or instrumentality thereof, in each case including any successor entity performing the same
or a similar function and including any arbitrator.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>HKIAC</B>&rdquo;
has the meaning assigned to such term in &lrm;Section 9.09(b).</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Indemnified
Party</B>&rdquo; has the meaning assigned to such term in &lrm;Section 8.01(a).</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Indemnifying
Party</B>&rdquo; has the meaning assigned to such term in &lrm;Section 8.01(a).</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Lock-Up
Period</B>&rdquo; means (i) with respect to any First Issuance Share, the twelve (12)-month period beginning on the First Closing
Date, (ii) with respect to any Second Issuance Share, the twelve (12)-month period beginning on the Second Closing Date, and (iii)
with respect to any Third Issuance Share, the twelve (12)-month period beginning on the Third Closing Date.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Losses</B>&rdquo;
has the meaning assigned to such term in &lrm;Section 8.01(a).</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Loss
Threshold</B>&rdquo; has the meaning assigned to such term in Schedule B.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Material
Adverse Effect</B>&rdquo; means any event, occurrence, fact, circumstance, condition, change or development, individually or together
with other events, occurrences, facts, circumstances, conditions, changes or developments, that has had, has, or would reasonably
be expected to have a material adverse effect on (a) the business or operations of the Company and its Subsidiaries (taken as
a whole) as presently conducted, or the condition (financial or otherwise), affairs, properties, employees, liabilities, assets
or results of</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in"><FONT STYLE="font-size: 10pt">operation
of the Company and its Subsidiaries taken as a whole, or (b) the ability of the Company to consummate the transactions contemplated
by this Agreement and other Transaction Documents and to timely perform its material obligations hereunder and thereunder; <U>provided</U>,
<U>however</U>, that in determining whether a Material Adverse Effect has occurred under clause (a) above, there shall be excluded
any effect on the business of the Company or the Company or any Subsidiary relating to or arising in connection with (i) any action
required to be taken pursuant to the terms and conditions of this Agreement and the other Transaction Documents or taken at the
written direction of the&nbsp;Purchaser, (ii) economic changes affecting the industry in which the Company and its&nbsp;Subsidiaries
operate generally or the economy of the PRC or any other market where the&nbsp;Company and its Subsidiaries have material operations
or sales generally, (iii) the execution, announcement or disclosure of this Agreement or any other Transaction Document or the
pendency or consummation of the transactions contemplated hereunder or thereunder, (iv)&nbsp;actions or omissions of the Company
and its Subsidiaries that have been consented by the Purchaser in writing in advance, (v) changes in U.S. GAAP that are generally
applicable to industries in which the Company and its Subsidiaries operate, (vi) changes in general legal, tax or regulatory conditions
generally affecting the industry in which the Company and its&nbsp;Subsidiaries operate generally in the PRC or any other market
where the Company and its Subsidiaries have material operations or sales generally, (vii) changes in national or international
political or social conditions (including any engagement in hostilities or the occurrence of any military or terrorist attack
or civil unrest) affecting the industry in which the Company and its&nbsp;Subsidiaries operate generally in the PRC or any other
market where the Company and its Subsidiaries have material operations or sales generally, or (viii) earthquakes, hurricanes,
floods or other natural disasters involving the PRC or any other market where the Company and its Subsidiaries have material operations
or sales (<U>provided</U>, in each case of clauses (ii), (v), (vi), (vii) and (viii) above, that such changes do not have a unique
or materially disproportionate impact on the business of the&nbsp;Company and its Subsidiaries taken as a whole).</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Nasdaq</B>&rdquo;
means the NASDAQ Global Select Market.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Ordinary
Shares</B>&rdquo; means Class A Ordinary Shares and the Company&rsquo;s Class B ordinary shares, par value US$0.00002 per share.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Person</B>&rdquo;
means an individual, corporation, partnership, joint venture, limited liability company, joint stock company, association, unincorporated
organization, trust or other entity or organization, including any Governmental Entity, governmental authority, officer, department,
commission, board, bureau or instrumentality thereof.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>PRC</B>&rdquo;
means the People&rsquo;s Republic of China.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Purchaser</B>&rdquo;
has the meaning assigned to such term in the preamble.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Representatives</B>&rdquo;
means, with respect to any Person, such Person&rsquo;s officers, directors, employees and agents.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Sarbanes-Oxley
Act</B>&rdquo; means the U.S. Sarbanes-Oxley Act of 2002, as amended, and any rules and regulations promulgated thereunder.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>SEC</B>&rdquo;
means the U.S. Securities and Exchange Commission.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>SEC
Documents</B>&rdquo; means, collectively, all registration statements, proxy statements and other statements, reports, schedules,
forms and other documents required to be filed or furnished by the Company to or with the SEC from time to time, together with
all exhibits included therein and financial statements, notes and schedules thereto and documents incorporated by reference therein.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Second
Closing Date</B>&rdquo; means May 27, 2020, the date on which the Second Issuance Shares shall be issued under &lrm;Section 2.03,
except as may be otherwise agreed by the parties hereto.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Second
Issuance Consideration</B>&rdquo; means US$68,160,000.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Second
Issuance Shares</B>&rdquo; means such number of Class A Ordinary Shares of the Company as set forth in Schedule A.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Securities
Act</B>&rdquo; means the U.S. Securities Act of 1933, as amended, and any rules and regulations promulgated thereunder.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Shareholders
Agreement</B>&rdquo; means the thirteenth amended and restated shareholders agreement dated March 10, 2014 entered into among
the Company, the Purchaser and certain other parties thereto, as amended.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Significant
Subsidiaries</B>&rdquo; means the Subsidiaries of the Company as listed in Exhibit&nbsp;8.1 of the annual report on Form 20-F
of the Company for the fiscal year ended December 31, 2018.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Subscription
Shares</B>&rdquo; means, collectively, the First Issuance Shares, the Second Issuance Shares and the Third Issuance Shares.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Subsidiary</B>&rdquo;
with respect to any Person, means any other Person, whether or not existing on the date hereof, in which the specified Person
directly or indirectly through Affiliates or otherwise, beneficially owns at least fifty percent (50%) of either the equity interests
or voting power of or in such other Person or otherwise controls such other Person, whether through Contract or otherwise (including,
for the avoidance of doubt, any variable interest entities that are consolidated into the financial statements of such Person
in accordance with the generally accepted accounting principles applicable to such Person).</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Tax</B>&rdquo;
or &ldquo;<B>Taxes</B>&rdquo; means (i) all taxes, levies, duties or other assessments imposed by any jurisdiction or any political
subdivision thereof or any Governmental Entity therein, including all national, state, county, local, municipal, or foreign income,
franchise, sales, use, ad valorem, receipts, value added, profits, license, withholding, payroll, employment, property, customs,
net worth, capital gains, transfer, stamp, documentary, social security, environmental, alternative minimum, occupation, recapture,
accumulated earnings, windfall profits, estimated and other taxes, charges, duties or levies imposed or collected by any Governmental
Entity, including any amount owed in respect of any Applicable Law relating to unclaimed property or escheat, in each case together
with any interest, penalties and additions imposed with respect to such amounts, and (ii)&nbsp;any amount owing in respect of
clause (i)&nbsp;as a result of being a member of a combined, consolidated, unitary, affiliated or similar group, as a transferee
or successor, by Contract or pursuant to Applicable Law.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Third
Closing Date</B>&rdquo; means May 27, 2021, the date on which the Third Issuance Shares shall be issued under &lrm;Section 2.03,
except as may be otherwise agreed by the parties hereto.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Third
Issuance Consideration</B>&rdquo; means US$68,160,000.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Third
Issuance Shares</B>&rdquo; means such number of Class A Ordinary Shares of the Company as set forth in Schedule A.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Third
Party Claim</B>&rdquo; has the meaning assigned to such term in &lrm;Section 8.02(a).</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Transaction
Documents</B>&rdquo; means this Agreement, the Business Cooperation Agreement and any other agreement, document or instrument
entered into or delivered in connection with the transactions contemplated hereby or thereby.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>Transfer</B>&rdquo;
means directly or indirectly, offer, sell, contract to sell, pledge, transfer, assign, give, hypothecate, encumber, grant a security
interest in, convey in trust, gift, devise or descent, or otherwise dispose of, or suffer to exist (whether by operation of law
of otherwise) any Encumbrance on, any Company Securities or any right, title or interest therein or thereto, or enter into a transaction
which would have the same effect, or enter into any swap, hedge or other arrangement that transfers, in whole or in part, any
of the economic consequences of ownership of any Company Securities, whether any such aforementioned transaction is to be settled
by delivery of the Ordinary Shares, American Depository Receipts or such other securities, in cash or otherwise, or publicly disclose
the intention to make any such disposition or to enter into any such transaction, swap, hedge or other arrangement, including
transfers pursuant to divorce or legal separation, transfers to receivers, levying creditors, trustees or receivers in bankruptcy
proceedings or general assignees for the benefit of creditors, whether voluntary or by operation of law, directly or indirectly,
of any Company Securities.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>U.S.</B>&rdquo;
means the United States of America.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;<B>U.S.
GAAP</B>&rdquo; means U.S. generally accepted accounting principles.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
1.02&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Other Definitional And Interpretive Provisions</I>. The words &ldquo;hereof&rdquo;,
&ldquo;herein&rdquo; and &ldquo;hereunder&rdquo; and words of like import used in this Agreement shall refer to this Agreement
as a whole and not to any particular provision of this Agreement. The captions herein are included for convenience of reference
only and shall be disregarded in the construction or interpretation hereof. References to Articles, Sections, Clauses, Exhibits
and Schedules are to Articles, Sections, Clauses, Exhibits and Schedules of this Agreement unless otherwise specified. All Exhibits
and Schedules annexed hereto or referred to herein are hereby incorporated in and made a part of this Agreement as if set forth
in full herein. Any capitalized terms used in any Exhibit or Schedule but not otherwise defined therein shall have the meanings
given to them in this Agreement. Any singular term in this Agreement shall be deemed to include the plural, and any plural term
the singular. Whenever the words &ldquo;include&rdquo;, &ldquo;includes&rdquo; or &ldquo;including&rdquo; are used in this Agreement,
they shall be deemed to be followed by the words &ldquo;without limitation&rdquo;, whether or not they are in fact followed by
those words or words of like import. &ldquo;Writing&rdquo;, &ldquo;written&rdquo; and comparable terms refer to printing, typing
and other means of reproducing words (including electronic media) in a visible form. References to any Person include the successors
and permitted assigns of that Person. References from or through any date mean, unless otherwise specified, from and including
or</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in"><FONT STYLE="font-size: 10pt">through
and including, respectively. References to &ldquo;law&rdquo;, &ldquo;laws&rdquo; or to a particular statute or law shall be deemed
also to include any and all Applicable Law. References to any statute shall be deemed to refer to such statute as amended from
time to time and to any rules or regulations promulgated thereunder. References to &ldquo;dollars&rdquo;, &ldquo;$&rdquo; or &ldquo;US$&rdquo;
are to U.S. dollars. References to any specific date or time of day are to China Standard Time, unless otherwise specified.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: small-caps 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 10pt; font-variant: normal; text-transform: uppercase">Article
II</FONT><FONT STYLE="font-size: 10pt"><BR>
<FONT STYLE="font-variant: normal">SALE AND PURCHASE OF THE SUBSCRIPTION SHARES;</FONT><BR>
<FONT STYLE="font-variant: normal">BUSINESS COOPERATION AGREEMENT</FONT></FONT></P>

<P STYLE="font: small-caps 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
2.01&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Certain Transactions. </I>On the terms and subject to the conditions contained
in this Agreement (including Schedule A hereto), the Company agrees to issue and sell to the Purchaser, and the Purchaser agrees
to subscribe for and purchase from the Company, the&nbsp;Subscription Shares, free and clear of any Encumbrance (except for restrictions
under applicable securities laws or created by virtue of this Agreement or any other Transaction Documents).</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
2.02&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Closings. </I>The consummation of the purchase and sale of the Subscription Shares
hereunder shall take place at three separate closings (the &ldquo;<B>First Closing</B>&rdquo;, the &ldquo;<B>Second Closing</B>&rdquo;
and the &ldquo;<B>Third Closing</B>&rdquo;, respectively). Each Closing shall be held remotely via electronic exchange of documents
and subject to the satisfaction or, to the extent permissible, waiver by the party entitled to the benefit of the conditions set
forth in &lrm;Article VII (other than conditions that by their nature are to be satisfied at that Closing, but subject to the
satisfaction or, to the extent permissible, waiver of those conditions), or at such other location and date as may be agreed upon
in writing by the Company and the Purchaser. Each Closing shall take place on the terms and subject to the conditions set forth
herein, with the First Issuance Shares, the Second Issuance Shares and the Third Issuance Shares being issued at the First Closing,
the Second Closing and the Third Closing respectively.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
2.03&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Issuances of Shares at Each Closing</I></FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>First
Closing</I>.</FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: 1.75in"><FONT STYLE="font-size: 10pt">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;on
the First Closing Date, the Company shall allot and issue to the Purchaser the First Issuance Shares, deliver to the Purchaser
one or more duly executed share certificate(s) representing the First Issuance Shares registered in the name of the Purchaser
(the original copies of which shall be delivered to the Purchaser as soon as practicable following the First Closing Date), and
deliver to the Purchaser a certified true copy of the register of members of the&nbsp;Company evidencing the First Issuance Shares
being owned by the Purchaser; and</FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: 1.75in"><FONT STYLE="font-size: 10pt">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On
the date that is three (3) Business Days after the later of (i) the&nbsp;First Closing Date and (ii) the date on which the Purchaser
or its applicable Affiliate shall have received all such payments required to be made by the Company or its Affiliates in accordance
with the Business Cooperation Agreement on or prior to the First Closing Date, the Purchaser shall pay to the Company an amount
in U.S. dollars equal to the First Issuance Consideration, by wire transfer of immediately available funds to a bank account designated
by the Company; <U>provided</U> that the wire instruction and other details of such bank account shall have been delivered to
the Purchaser no later than the First Closing Date.</FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: 1.75in"><FONT STYLE="font-size: 10pt">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding
any provision to the contrary, in the&nbsp;event that the issuance of the First Issuance Shares is not completed on the date hereof,
the First Closing shall be subject to the&nbsp;satisfaction or, to the extent permissible, waiver of the conditions set forth
in Article VII on such other First Closing Date as may be agreed by the parties hereto (other than conditions that by their nature
are to be satisfied at the First Closing, but subject to the satisfaction or, to the extent permissible, waiver of those conditions).</FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>Second
Closing</I>. Subject to the satisfaction or, to the extent permissible, waiver by the party entitled to the benefit of the conditions
set forth in &lrm;&lrm;Article VII on the Second Closing Date (other than conditions that by their nature are to be satisfied
at the Second Closing, but subject to the satisfaction or, to the extent permissible, waiver of those conditions), the Second
Closing shall be completed as follows:</FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: 1.75in"><FONT STYLE="font-size: 10pt">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;on
the Second Closing Date, the Company shall allot and issue to the Purchaser the Second Issuance Shares, deliver to the Purchaser
one or more duly executed share certificate(s) representing the Second Issuance Shares registered in the name of the Purchaser
(the original copies of which shall be delivered to the Purchaser as soon as practicable following the Second Closing Date), and
deliver to the Purchaser a certified true copy of the register of members of the Company evidencing the Second Issuance Shares
being owned by the&nbsp;Purchaser; and</FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: 1.75in"><FONT STYLE="font-size: 10pt">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;on
the date that is three (3) Business Days after the&nbsp;later of (i) the Second Closing Date and (ii) the date on which the Purchaser
or its applicable Affiliate shall have received all such payments required to be made by the&nbsp;Company or its Affiliates in
accordance with the Business Cooperation Agreement on or prior to the Second Closing Date, the Purchaser shall pay to the Company
an amount in U.S. dollars equal to the Second Issuance Consideration, by wire transfer of immediately available funds to a bank
account designated by the&nbsp;Company; <U>provided</U> that the wire instruction and other details of such bank account shall
have been delivered to the Purchaser no later than fifteen (15) Business Days prior to the Second Closing Date.</FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>Third
Closing</I>. Subject to the satisfaction or, to the extent permissible, waiver by the party entitled to the benefit of the conditions
set forth in &lrm;&lrm;Article VII on the Third Closing Date (other than conditions that by their nature are to be satisfied at
the Third Closing, but subject to the satisfaction or, to the extent permissible, waiver of those conditions), the Third Closing
shall be completed as follows:</FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: 1.75in"><FONT STYLE="font-size: 10pt">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;on
the Third Closing Date, the Company shall allot and issue to the Purchaser the Third Issuance Shares, deliver to the Purchaser
one or more duly executed share certificate(s) representing the Third Issuance Shares registered in the name of the Purchaser
(the original copies of which shall be delivered to the Purchaser as soon as practicable following the Third Closing Date), and
deliver to the Purchaser a certified true copy of the register of members of the Company evidencing the Third Issuance Shares
being owned by the Purchaser; and</FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: 1.75in"><FONT STYLE="font-size: 10pt">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;on
the date that is three (3) Business Days after the later of (i) the&nbsp;Third Closing Date and (ii) the date on which the Purchaser
or its applicable Affiliate shall have received all such payments required to be made by the&nbsp;Company or its Affiliates in
accordance with the Business Cooperation Agreement on or prior to the Third Closing Date, the Purchaser shall pay to the Company
an amount in U.S. dollars equal to the Third Issuance Consideration, by wire transfer of immediately available funds to a bank
account designated by the&nbsp;Company; <U>provided</U> that the wire instruction and other details of such bank account shall
have been delivered to the Purchaser no later than fifteen (15) Business Days prior to the Third Closing Date.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: 1.75in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For
the avoidance of doubt, the Company acknowledges and agrees that (i) the Subscription Shares will be validly issued and fully
paid upon issuance, (ii)&nbsp;the&nbsp;Subscription Shares will not cease to be validly issued and fully paid in the event that
the Purchaser is not required to make any payment under this &lrm;Section 2.03 as a result of failure by the Company or its Affiliates
to make all payments in cash in accordance with the Business Cooperation Agreement, and (iii) the&nbsp;Company shall not claim
in any event that any portion of such Subscription Shares are not fully paid or are subject to any rescission, forfeiture or cancellation
right of the Company or any other Encumbrances by reason of the Purchaser not being required or its failure to make any payment
pursuant to this &lrm;Section 2.03.</FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
2.04&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Restrictive Legend</I>. Each certificate representing the Subscription Shares
shall be endorsed with the following legend:</FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">THIS SECURITY
HAS NOT BEEN REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933 (AS AMENDED, THE &ldquo;<B>ACT</B>&rdquo;) OR UNDER THE SECURITIES
LAWS OF ANY STATE. THIS SECURITY MAY NOT BE TRANSFERRED, SOLD, OFFERED FOR SALE, PLEDGED OR HYPOTHECATED: (A) IN THE ABSENCE OF
(1) AN EFFECTIVE REGISTRATION STATEMENT UNDER THE ACT OR (2) AN EXEMPTION OR QUALIFICATION UNDER APPLICABLE SECURITIES LAWS, AND
(B) IF NOT OTHERWISE IN COMPLIANCE WITH THE SHARE SUBSCRIPTION AGREEMENT, DATED MAY 10, 2019, BY AND BETWEEN THE COMPANY AND HUANG
RIVER INVESTMENT LIMITED (AS AMENDED, THE &ldquo;<B>SUBSCRIPTION AGREEMENT</B>&rdquo;) AND THE THIRTEENTH AMENDED AND RESTATED
SHAREHOLDERS AGREEMENT, DATED MARCH 10, 2014, BY AND BETWEEN, INTER ALIOS, THE COMPANY AND HUANG RIVER INVESTMENT LIMITED (AS
AMENDED, THE &ldquo;<B>SHAREHOLDERS AGREEMENT</B>&rdquo;). ANY ATTEMPT TO TRANSFER, SELL, PLEDGE OR HYPOTHECATE THIS SECURITY
IN VIOLATION OF THESE RESTRICTIONS OR ANY OTHER RESTRICTIONS SET FORTH IN THE SUBSCRIPTION AGREEMENT OR THE SHAREHOLDERS AGREEMENT
SHALL BE VOID.</FONT></P>

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<P STYLE="font: small-caps 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 10pt; font-variant: normal; text-transform: uppercase">Article
III</FONT><FONT STYLE="font-size: 10pt"><BR>
<FONT STYLE="font-variant: normal">REPRESENTATIONS AND WARRANTIES OF THE COMPANY</FONT></FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">The Company
represents and warrants to the Purchaser, as of the First Closing Date, as of the Second Closing Date and as of the Third Closing
Date (except for such representations and warranties made only as of a specific date), that:</FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
3.01&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Accuracy of Disclosure</I></FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company has filed or furnished, as applicable, on a timely basis, all the SEC Documents. As of their respective effective dates
(in the case of the SEC Documents that are registration statements filed pursuant to the requirements of the Securities Act) and
as of their respective SEC filing dates (in the case of all other SEC Documents), or in each case, if amended prior to the date
hereof, as of the date of the last such amendment: (A) each of the SEC Documents complied in all material respects with the applicable
requirements of the Securities Act, the Exchange Act and the Sarbanes-Oxley Act and any rules and regulations promulgated thereunder
applicable to the SEC Documents (as the case may be) and (B) none of the SEC Documents contained any untrue statement of a material
fact or omitted to state a material fact required to be stated therein or necessary in order to make the material statements therein,
in the light of the circumstances under which they were made, not misleading.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
&ldquo;disclosure controls and procedures&rdquo; (as defined in Rules 13a-15(e) or 15d-15(e), as applicable, under the Exchange
Act) of the Company have been designed to ensure that all material information required to be disclosed by the Company in the
reports that it files or submits under the Exchange Act is accumulated and communicated to the management of the Company as appropriate
to allow timely decisions regarding required disclosure.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company has established and maintains a system of internal control over financial reporting (as defined in Rule 13a-15 or 15d-15,
as applicable, under the Exchange Act) sufficient to provide reasonable assurance regarding the reliability of financial reporting,
including policies and procedures that (A) mandate the maintenance of records that in reasonable detail accurately and fairly
reflect the material transactions and dispositions of the assets of the Company, (B) provide reasonable assurance that transactions
are recorded as necessary to permit preparation of financial statements in accordance with U.S. GAAP, and (C)&nbsp;provide reasonable
assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of material assets of the Company.
There are no material weaknesses or significant deficiencies in the Company&rsquo;s internal controls. The Company&rsquo;s auditors
and the audit committee of the Board have not been advised of any fraud that involves management or other employees who have a
significant role in the Company&rsquo;s internal controls over financial reporting.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company is not a party to and has no commitment to become a party to, any joint venture, off-balance sheet partnership or any
similar Contract or undertaking, or any &ldquo;off-balance sheet arrangements&rdquo; (as defined in Item 303(a) of Regulation
S-K promulgated by the SEC), where the result, purpose or intended effect of such Contract or undertaking is to avoid disclosure
of any material transaction involving, or material liabilities of, the Company in the Company&rsquo;s published financial statements
or other SEC Documents.</FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
3.02&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Existence and Qualification&nbsp;</I></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><I>. </I></FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company has been duly organized, is validly existing and in good standing under the laws of the Cayman Islands and has the requisite
power and authority to own, lease and operate its property and to conduct its business as currently conducted and as described
in the SEC Documents. The Company is duly qualified to transact business and is in good standing in each jurisdiction in which
the conduct of its business or its ownership, leasing or operation of property requires such qualification, except to the extent
that the failure to be so qualified or be in good standing would not, individually or in the aggregate, reasonably be expected
have a Material Adverse Effect.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except
as otherwise disclosed in the SEC Documents, (i) the Company owns, directly or indirectly, the capital stock or other equity interests
of each Significant Subsidiary free and clear of any Encumbrances, and all of the issued and outstanding shares of capital stock
of each Significant Subsidiary are (A) validly issued, (B) either fully paid, or duly paid in accordance with the payment schedule
set forth in its articles of association, bylaws or other organizational or charter documents, (C) non-assessable and (D) free
of preemptive (except for those statutory rights provided for under Applicable Law) and similar rights to subscribe for or purchase
securities; (ii) each Significant Subsidiary of the Company is an entity duly incorporated or otherwise organized, validly existing
and in good standing (or its foreign equivalent) under the laws of the jurisdiction of its incorporation or organization, with
the requisite power and authority to own and use its properties and assets and to carry on its business as currently conducted,
in all material respects; and (iii) neither the Company nor any of its Significant Subsidiaries is in material violation or default
of any of the provisions of its respective certificate or articles of incorporation, bylaws or other organizational or charter
documents.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
3.03&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Capitalization; Issuance of Subscription Shares</I></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
authorized share capital of the Company is US$2,000,000 divided into 99,000,000,000 Class A Ordinary Shares of a nominal or par
value of US$0.00002 each and 1,000,000,000 class B ordinary shares of a nominal or par value of US$0.00002 each, of which 2,451,202,932
Class A Ordinary Shares and 457,046,483 class B ordinary shares are issued and outstanding as of March 31, 2019. All of the outstanding
shares of capital stock of the Company are duly authorized, validly issued, fully paid and non-assessable, have been issued in
compliance with all applicable securities laws, and none of such outstanding shares was issued in violation of any preemptive
rights or similar rights to subscribe for or purchase securities. Except as otherwise set forth in the SEC Documents, the Company
has no outstanding bonds, debentures, notes or other obligations, the holders of which have the right to vote (or which are convertible
into or exercisable for securities having the right to vote) with the shareholders of the Company on any matter. As of March 31,
2019, the issued and outstanding share capital of the Company consists of 3,194,295,143 Ordinary Shares on a fully diluted basis
with respect to all Company Securities assuming the full issuance and vesting of all Company Securities under any employee share
incentive plans of the Company.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Subscription Shares have been duly authorized and, when issued and delivered under this Agreement, will be validly issued, fully
paid, non-assessable, and free and clear of any Encumbrance and restrictions on transfer (except for restrictions under applicable
securities laws or created by virtue of this Agreement or the Shareholders Agreement). The issuance of the Subscription Shares
will not be subject to any preemptive or similar rights. Upon entry of the Purchaser into the register of members of the Company
as the legal owner of the Subscription Shares, the Company will transfer to the Purchaser good and valid title to the Subscription
Shares.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except
as otherwise set forth above in this Section 3.03 and in the SEC Documents, there are no outstanding (A) shares of capital stock
or voting securities of the Company, (B) securities of the Company convertible into or exchangeable for shares of capital stock
or voting securities of the Company or (C) preemptive or other outstanding rights, options, warrants, conversion rights, &ldquo;phantom&rdquo;
stock rights, stock appreciation rights, redemption rights, repurchase rights, agreements, arrangements, calls, commitments or
rights of any kind that obligate the Company to issue or sell any shares of capital stock or other securities of the Company or
any securities or obligations convertible or exchangeable into or exercisable for, or giving any Person a right to subscribe for
or acquire, any securities of the Company, and no securities or obligations evidencing such rights are authorized, issued or outstanding.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
authorized share capital of the Company conforms as to legal matters in all material respects to the description thereof contained
in the SEC Documents as of the Second Closing Date and as of the Third Closing Date. The Company has and will have sufficient
authorized share capital in order to issue the Subscription Shares in accordance with this Agreement.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except
as otherwise set forth in the SEC Documents: (i) there are no shareholders agreements or voting agreements or registration rights,
rights of first offer, rights of first refusal, tag-along rights, director appointment rights, governance rights or other similar
rights with respect to the securities of the Company that have been granted to any Person; and (ii)&nbsp;no other holder of Company
Securities has been or will be, as of the applicable Closing Date, granted any more favorable terms, rights or benefits than those
granted to the Purchaser under the Shareholders Agreement..</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
3.04&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Capacity</I>, Authorization and Enforceability<I>. </I>The Company has the requisite
power and authority to execute, deliver and perform its obligations under this Agreement and the other Transaction Documents to
which it is a party and consummate the transactions contemplated hereby and thereby. Each of the Transaction Documents to which
the Company is a party has been duly authorized, executed and delivered by the Company, and assuming the due authorization, execution
and delivery by each of the other parties thereto, each of the Transaction Documents is a valid and binding agreement of the Company,
enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency or similar laws affecting creditors&rsquo;
rights generally and general principles of equity.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
3.05&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Non-Contravention. </I>Neither the execution and the delivery of this Agreement
or any other Transaction Document, nor the consummation of the transactions contemplated hereby or thereby, will (i) violate any
provision of the memorandum and articles of association or other constitutional documents of the Company or its Subsidiaries,
(ii) violate any constitution, statute, regulation, rule, injunction, judgment, order, decree, ruling, charge, or other restriction
of any government, Governmental Entity or court to which the Company or its Subsidiaries is subject, (iii) result in a violation
of or conflict with any Applicable Law, or any rule, restriction, code of conduct or internal or regulatory policy relating to
securities trading or otherwise, to which the Company or any of its directors, officers, employees or Affiliates is subject, or
(iv) conflict with, result in a breach of, constitute a default under, result in the acceleration of or creation of an</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in"><FONT STYLE="font-size: 10pt">Encumbrance
under, create in any party the right to accelerate, terminate, modify, or cancel, or require any notice under, any Contract to
which the Company or its Subsidiaries is a party or by which the Company or its Subsidiaries is bound or to which any of the Company&rsquo;s
or its Subsidiaries&rsquo; assets are subject, except as in the case of clause (ii), (iii) or (iv) as would not have a Material
Adverse Effect. There is no existing, pending or threatened action, suit or proceeding against the Company or its Subsidiaries
that questions the validity of this Agreement or any other Transaction Document or the right of the Company to enter into this
Agreement or any other Transaction Document to consummate the transactions contemplated hereby or thereby.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
3.06&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Consents and Approvals. </I>Assuming the accuracy of the representations and warranties
of the Purchaser under this Agreement, neither the execution and delivery by the Company of this Agreement or any other Transaction
Document, nor the consummation by the Company of any of the transactions contemplated hereby or thereby, nor the performance by
the Company of this Agreement or any other Transaction Document in accordance with its respective terms requires the Approval,
order or authorization of, or registration with, or the giving notice to, any Governmental Entity or any third party, except such
as have been or will have been obtained, made or given on or prior to the applicable Closing and those filings required to be
made with the SEC and Nasdaq (including, without limitation, a Form 6-K).</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
3.07&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Financial Statements</I></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><I></I></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
audited and unaudited financial statements (including any related notes) contained in the SEC Documents (collectively, the &ldquo;<B>Company
Financial Statements</B>&rdquo;): (A) have complied as to form in all material respects with applicable accounting requirements
and the published rules and regulations of the SEC with respect thereto, (B) were prepared in accordance with U.S. GAAP applied
on a consistent basis throughout the periods covered thereby and (C) fairly present in all material respects the consolidated
financial position of the Company and its Subsidiaries as of the respective dates thereof and the consolidated results of operations
and cash flows of the Company and its Subsidiaries for the periods covered thereby, except as disclosed therein and as permitted
under the Exchange Act.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except
as otherwise set forth in the SEC Documents, neither the Company nor any of its Subsidiaries has incurred or undertaken any material
liabilities or obligations, whether accrued, absolute, contingent or otherwise, direct or indirect, liquidated or contingent,
matured or unmatured, or entered into any material transactions, including any acquisition or disposition of any material business
or asset, that would be required to be disclosed on a consolidated balance sheet of the Company prepared in accordance with U.S.
GAAP, other than (i) liabilities or obligations disclosed and provided for in the Company Financial Statements or in the notes
thereto or otherwise disclosed in the SEC Documents, (ii) liabilities or obligations that have been incurred by the Company since
December 31, 2018 in the ordinary course of business or (iii) liabilities or obligations arising under or in connection with the
transactions contemplated by this Agreement or any other Transaction Documents.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
3.08&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Absence of Certain Changes. </I>Except as set forth in the SEC Documents, since
December 31, 2018, (i) there has been no event, occurrence, development or state of circumstances that has had, has or would reasonably
be expected to result in a Material Adverse Effect on the Company, (ii) the Company has not altered its method of accounting,
(iii) the Company has not declared or made any dividend or distribution of cash</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in"><FONT STYLE="font-size: 10pt">or
other property to its shareholders or purchased, redeemed or made any agreements to purchase or redeem any shares of its capital
stock and (iv) the Company has not issued any equity securities to any officer, director, employee or Affiliate of the Company
and its Subsidiaries, except pursuant to existing stock option plans.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
3.09&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Contracts.</I> The Company has filed as exhibits to the SEC Documents all Contracts
and instruments (including all amendments thereto) that are required to be filed in the SEC Documents (the &ldquo;<B>Material
Contracts</B>&rdquo;). Each Material Contract is in full force and effect, except those that have been fully performed or have
expired or terminated in accordance with their terms. Neither the Company nor any Subsidiary of the Company that is a party to
such Material Contract is in material default under, or in material breach or violation of, any Material Contract.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
3.10&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Litigation. </I>There are no pending or, to the knowledge of the Company, contemplated
or threatened actions, claims, demands, investigations, examinations, indictments, litigations, suits or other criminal, civil
or administrative or investigative proceedings before or by any Governmental Entity or by any other Person against the Company,
its Subsidiaries or any of their respective directors or officers in their capacities as such, which (i) adversely affects or
challenges the legality, validity or enforceability of any of the Transaction Documents or the issuance and allotment of the Subscription
Shares or (ii) would, if decided adversely, have or reasonably be expected to result in a Material Adverse Effect on the Company.
There has not been, and to the knowledge of the Company, there is not pending or contemplated, any investigation by the SEC involving
the Company or any director or officer of the Company.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
3.11&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Compliance with Laws&nbsp;</I></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><I>. </I></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
business of the Company and its Subsidiaries is being conducted in compliance with all Applicable Laws or government order applicable
to the Company or its Subsidiaries, including Applicable Laws relating to variable interest entity, labor, anti-unfair competition,
anti-trust and monopolistic market conduct, consumer rights protection, data and privacy protection, intellectual rights protection,
anti-counterfeiting, anti-money laundering, online payments, consumer finance, insurance brokerage, online food business operation,
online lottery issuance/sale, online pharmaceutical/medical device sales, multi-purpose commercial prepaid cards issuance and
Tax, except as otherwise set forth in the SEC Documents and except for non-compliance that has not had, does not have or would
not be reasonably expected to have a material adverse impact on the Company and its Subsidiaries taken as a whole.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;None
of the Company nor its Subsidiaries, to the knowledge of the Company, any Representative of the Company or any of its Subsidiaries
nor any independent sales representative, consultant, intermediary, distributor or any other Person acting on behalf of the Company
or any of its Subsidiaries, has, directly or indirectly, taken any action which would cause them or any other Person to be in
material violation of: (i) the Foreign Corrupt Practices Act of 1977, as amended, or any rules or regulations thereunder; (ii)
the UK Bribery Act 2010; or (iii) any other applicable anti-corruption and/or anti-bribery laws, statutes, rules, regulations,
ordinances, judgments, orders, decrees, injunctions, and writs of any Governmental Entity of China including the PRC Criminal
Law and the PRC Anti-unfair Competition Law or any other jurisdiction applicable to the Company (whether by virtue of jurisdiction
of organization or conduct of business).</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;None
of the Company nor, to the knowledge of the Company, any Representative of the Company or any of its Subsidiaries nor any independent
sales representative, consultant, intermediary, distributor or any other Person acting on behalf of the Company or any of its
Subsidiaries, has, directly or indirectly, offered, paid, promised to pay, or authorized a payment, of any money or other thing
of value (including any fee, gift, sample, travel expense or entertainment) or any commission payment, or any payment related
to political activity, to any of the following persons for the purpose of influencing any act or decision of such person in his
official capacity, inducing such person to do or omit to do any act in violation of the lawful duty of such official, securing
any improper advantage, or inducing such person to use his influence with a foreign government or instrumentality thereof to affect
or to influence any act or decision of such government or instrumentality, in order to assist the Company or any of its Subsidiaries
in obtaining or retaining business for or with, or directing the business to, any Person: (i) any person who is an agent, representative,
official, officer, director, or employee of any non-U.S. government or any department, agency, or instrumentality thereof (including
officers, directors, and employees of state-owned, operated or controlled entities) or of a public international organization;
(ii) any person acting in an official capacity for or on behalf of any such government, department, agency, instrumentality, or
public international organization; (iii) any political party or official thereof; (iv) any candidate for political or political
party office (such recipients in clauses (i), (ii), (iii) and (iv) of this subsection collectively, &ldquo;<B>Government Officials</B>&rdquo;);
or (v) any other individual or entity while knowing or having reason to believe that all or any portion of such money or thing
of value would be offered, given, or promised, directly or indirectly, to any Government Official.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
books, records and accounts of the Company have at all times, in all material respects, accurately and fairly reflected, in reasonable
detail, the transactions and dispositions of their respective funds and assets. There have never been any false or fictitious
entries made in the books, records or accounts of the Company or any of its Subsidiaries relating to any illegal payment or secret
or unrecorded fund, and neither the Company nor any of its Subsidiaries has established or maintained a secret or unrecorded fund.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Neither
the Company nor any of its Subsidiaries nor, to the knowledge of the Company, any Representative of the Company or any of its
Subsidiaries nor any independent sales representative, consultant, intermediary, distributor or any other Person acting on behalf
of the Company or any of its Subsidiaries, has, directly or indirectly, made any payments or transfers of value with the intent,
or which have the purpose or effect, of engaging in commercial bribery, or acceptance of or acquiescence in kickbacks or other
unlawful or improper means of obtaining business.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except
for those circumstances which would not result in violation of applicable anti-corruption and/or anti-bribery laws, neither the
Company nor any of its Subsidiaries nor any of their respective directors, officers or employees is a Government Official.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company and its Subsidiaries possess all valid certificates, authorizations and Approvals issued by the appropriate federal, state,
local or foreign regulatory authorities necessary to conduct their respective businesses as described in the SEC Documents, including
with respect to the following businesses of its Subsidiaries in China: value-added telecommunication services; distributions of
food, books, audio and video products, medical devices; provision of drug sales marketplace services, courier and</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in"><FONT STYLE="font-size: 10pt">transportation
services, air transportation sales agency services, drug information services, and distribution or provision of such other products
or services which are subject to administrative permitting requirements in and under the Applicable Laws of, the PRC, except where
the failure to possess such certificates, authorizations and permits would not reasonably be expected to result in a Material
Adverse Effect on the Company (&ldquo;<B>Material Permits</B>&rdquo;), and neither the Company nor its Subsidiaries has received
any notice of proceedings relating to the revocation or modification of any Material Permit, nor does there exist any event, fact,
circumstance or development which would reasonably be expected to cause the revocation or cancellation of any Material Permit
or the relevant Governmental Entities&rsquo; refusal to renew the same in the future on expiry of the same, except as would not
reasonably be expected to result in a Material Adverse Effect on the Company.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company is in compliance with the Sarbanes-Oxley Act and any and all applicable rules and regulations promulgated by the SEC thereunder
in all material respects.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
3.12&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Brokers&rsquo; Fees. </I>There is no investment banker, broker, finder or other
intermediary which has been retained by or is authorized to act on behalf of the Company or any of its Subsidiaries who would
be entitled to any fee or commission in connection with the transactions contemplated by this Agreement.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
3.13&#9;</FONT><FONT STYLE="font-size: 10pt"><I>No Securities Act Registration</I></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;None
of the Company, its Subsidiaries or their respective Affiliates or any person acting on its or their behalf have engaged in any
&ldquo;directed selling efforts&rdquo; within the meaning of Rule 903 of Regulation S under the Securities Act or any form of
general solicitation or general advertising within the meaning of Rule&nbsp;502(c) under the Securities Act with respect to the
Subscription Shares.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Assuming
the accuracy of the representations of the Purchaser contained in Sections &lrm;4.07 and &lrm;4.08, it is not necessary in connection
with the issuance and sale to the Purchaser of the Subscription Shares to register the Subscription Shares under the Securities
Act or to qualify or register the Subscription Shares under applicable U.S. state securities laws.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
3.14&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Investment Company</I>. The Company is not and, after giving effect to the issuance
and sale of the Subscription Shares pursuant to Article II, will not be, or be required to register as, an &ldquo;investment company,&rdquo;
as such term is defined in the U.S. Investment Company Act of 1940, as amended.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
3.15&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Compliance with Nasdaq Requirements</I></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company is, and the consummation of the transactions contemplated hereby will be, in compliance with the applicable listing and
corporate governance rules and regulations of Nasdaq (including any requirement for review and approval of related party transactions
thereunder).</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company has not taken any action designed to, or reasonably likely to have the effect of, delisting the American Depositary Shares
representing Class A Ordinary Shares (the &ldquo;<B>ADSs</B>&rdquo;) from Nasdaq. The Company has not received any notification
that the SEC or Nasdaq is contemplating suspending or terminating such listing (or the applicable registration under the Exchange
Act related thereto).</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
3.16&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Tax</I>. Except as disclosed in the SEC Documents, the Company and its Subsidiaries
have filed all material Tax returns required to be filed and have paid all material Tax required to be paid by them, except for
any such Tax that is currently being contested in good faith and for which appropriate reserve has been recorded in accordance
with U.S. GAAP. There are no stamp or other issuance or transfer Taxes required to be paid in connection with the execution and
delivery of this Agreement or the issuance of the Class A Ordinary Shares. None of the Company or its non-PRC Subsidiaries received
a notice from the PRC Tax authorities that it should be treated as a PRC resident enterprise for PRC Tax purposes. The Company
does not expect to be a &ldquo;passive foreign investment company&rdquo; within the meaning of Section&nbsp;1297 of the U.S. Internal
Revenue Code of 1986, as amended, for its current taxable year or in the foreseeable future.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
3.17&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Acknowledgment Regarding Purchaser&rsquo;s Purchase of Securities.</I> The Company
acknowledges and agrees that the Purchaser is acting solely in the capacity of an arm&rsquo;s length purchaser with respect to
the Transaction Documents and the transactions contemplated thereby. The Company, on behalf of itself and its Affiliates, further
acknowledges and agrees that the Company and its Affiliates have duly and irrevocably waived, and released the Purchaser, its
Affiliates and their respective directors, officers, employees and equityholders from, any claim, action, liability, cause of
action, dispute, obligation, promise, or agreement that the Company or its Affiliates may have based on any internal or regulatory
policy, statement, code of conduct or other restriction of the Company in relation to securities trading in connection with the
execution and delivery of this Agreement and the other Transaction Documents and the transactions contemplated hereby and thereby
(including the purchase and sale of Subscription Shares pursuant to Article II hereof). For the avoidance of doubt, nothing in
the foregoing acknowledgment and agreement affects or prejudices any claims, liabilities or causes of action that the Company
or its Affiliates may have with respect to any breach by the Purchaser or its Affiliates of any other provisions of this Agreement
or the other Transaction Documents.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: small-caps 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 10pt; font-variant: normal; text-transform: uppercase">Article
IV</FONT><FONT STYLE="font-size: 10pt"><BR>
REPRESENTATIONS AND WARRANTIES OF THE PURCHASER</FONT></P>

<P STYLE="font: small-caps 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">The Purchaser
represents and warrants to the Company, as of the&nbsp;First Closing Date, as of the Second Closing Date and as of the Third Closing
Date (except for such representations and warranties made only as of a specific date), that:</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
4.01&#9;</FONT><FONT STYLE="font-size: 10pt">Existence<I>. </I>The Purchaser has been duly organized, is validly existing and
is in good standing under the laws of its jurisdiction of organization. The Purchaser is wholly owned by Tencent Holdings Limited.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
4.02&#9;</FONT><FONT STYLE="font-size: 10pt">Capacity<I>. </I>The Purchaser has the requisite power and authority to enter into
and perform its respective obligations under this Agreement and the other Transaction Documents to which it is a party and consummate
the transactions contemplated hereby and thereby.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
4.03&#9;</FONT><FONT STYLE="font-size: 10pt">Authorization And Enforceability<I>. </I>Each of the Transaction Documents to which
the Purchaser or its applicable Affiliates is a party has been duly authorized, executed and delivered by the Purchaser or its
applicable Affiliates, and assuming the due authorization, execution and delivery by each of the other parties thereto, each of
the Transaction Documents to which the Purchaser or its applicable Affiliates is a party is a valid and binding agreement of the
Purchaser or its applicable Affiliates, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency
or similar laws affecting creditors&rsquo; rights generally and general principles of equity.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
4.04&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Non-Contravention. </I>Neither the execution and the delivery of this Agreement
or any other Transaction Document, nor the consummation of the transactions contemplated hereby or thereby, will (i) violate any
provision of the memorandum and articles of association or other constitutional documents of the Purchaser or its applicable Affiliates
or (ii) violate any constitution, statute, regulation, rule, injunction, judgment, order, decree, ruling, charge, or other restriction
of any government, Governmental Entity or court to which the Purchaser or its applicable Affiliates is subject, or (iii) conflict
with, result in a breach of, constitute a default under, result in the acceleration of or creation of an encumbrance under, create
in any party the right to accelerate, terminate, modify, or cancel, or require any notice under, any Contract to which the Purchaser
or its applicable Affiliates is a party or by which the Purchaser or its applicable Affiliates is bound or to which any assets
of the Purchaser or its applicable Affiliates are subject. There is no action, suit or proceeding, pending or, to the knowledge
of the Purchaser, threatened against the Purchaser or its applicable Affiliates that questions the validity of this Agreement
or any other Transaction Document or the right of the&nbsp;Purchaser or its applicable Affiliates to enter into this Agreement
or any other Transaction Document to consummate the transactions contemplated hereby or thereby.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
4.05&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Consents and Approvals. </I>Neither the execution and delivery by the Purchaser
or its applicable Affiliates of this Agreement or any other Transaction Document, nor the consummation by the Purchaser or its
applicable Affiliates of any of the transactions contemplated hereby or thereby, nor the performance by the Purchaser or its applicable
Affiliates of this Agreement or any other Transaction Document in accordance with its respective terms requires the Approval,
order or authorization of, or registration with, or the giving notice to, any governmental or public body or authority or any
third party, except such as have been or will have been obtained, made or given on or prior to the applicable Closing and any
filing or report required to be made with or submitted to the SEC (including, without limitation, any amendment to a report of
beneficial ownership on Schedule 13D).</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
4.06&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Brokers&rsquo; Fees. </I>There is no investment banker, broker, finder or other
intermediary which has been retained by or is authorized to act on behalf of the Purchaser or its Affiliates who would be entitled
to any fee or commission in connection with the transactions contemplated by this Agreement.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
4.07&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Securities Law Matters&nbsp;</I></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Subscription Shares are being acquired for the Purchaser&rsquo;s own account, not as nominee or agent, and not with a view to,
or intention of, or for sale in connection with, any distribution thereof in violation of applicable securities laws.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Purchaser is not a &ldquo;U.S. person&rdquo; within the meaning of Regulation S under the Securities Act. The Purchaser is acquiring
the Subscription Shares outside the United States in compliance with Regulation S under the Securities Act, and in accordance
with any applicable securities laws of any state of the United States or any other jurisdiction, and has not been subject to any
&ldquo;directed selling efforts&rdquo; within the meaning of Rule 903 of Regulation S under the Securities Act in connection with
its execution of this Agreement.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Purchaser acknowledges that the Subscription Shares are &ldquo;restricted securities&rdquo; within the meaning of Rule 144 under
the Securities Act, and have not been registered under the Securities Act or any applicable state securities law, and any certificate
representing the Subscription Shares shall be endorsed with a restrictive legend in accordance with this Agreement. The Purchaser
further acknowledges that, absent an effective registration under the Securities Act, the Subscription Shares may only be offered,
sold or otherwise transferred in compliance with Applicable Laws.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
4.08&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Investment Experience. </I>The Purchaser is a sophisticated purchaser with knowledge
and experience in financial and business matters such that the Purchaser is capable of evaluating the merits and risks of the
investment in the Subscription Shares. The&nbsp;Purchaser is able to bear the economic risks of an investment in the Subscription
Shares. The Purchaser understands and acknowledges that the Company has or may have inside information concerning the Company
and its affiliates including, but not limited to, the short term and long-term plans of the Company and its affiliates. The Purchaser
understands and acknowledges that such information may be indicative of a value of the Subscription Shares that is or may be substantially
different than the value reflected in this Agreement and the Company may be unable or unwilling to disclose this information to
the Purchaser, even though such information may be material to its decision to purchase the Subscription Shares on the terms set
forth herein. With full recognition of the foregoing, and acknowledging that the Company is or may be in possession of material
non-public information of the nature described above, and after discussing these matters with its counsel and such other advisors
as it deems appropriate, the Purchaser wishes to consummate the transactions contemplated under this Agreement on the terms set
forth herein. For the avoidance of doubt, nothing in the foregoing acknowledgment and agreement affects or prejudices any claims,
liabilities or causes of action that the Purchaser or its Affiliates may have with respect to any breach by the Company or its
Affiliates of any other provisions of this Agreement or the other Transaction Documents.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: small-caps 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 10pt; font-variant: normal; text-transform: uppercase">Article
V</FONT><FONT STYLE="font-size: 10pt"><BR>
<FONT STYLE="font-variant: normal">COVENANTS</FONT></FONT></P>

<P STYLE="font: small-caps 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
</FONT><FONT STYLE="font-size: 10pt"><I>5.01&#9;Lock-Up.</I> Notwithstanding any other provisions of this Agreement or any other
agreement by the Company, the Purchaser and/or the Purchaser Entity, during the applicable Lock-Up Period, the Purchaser and the
Purchaser Entity shall not, and shall procure that none of its Subsidiaries will, without the prior written consent of the Company,
directly or indirectly through one or a series of transactions, Transfer any Subscription Shares subject to such applicable Lock-Up
Period to any Person other than Tencent Holdings Limited or Subsidiaries thereof. Any Transfer of Subscription Shares made in
violation of this &lrm;Section 5.01 shall be null and void <I>ab initio</I> and shall not be recorded on the books and records
of the Company.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
5.02&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Deposit Arrangement. </I>To the extent permitted by Applicable Law and the Company&rsquo;s
securities trading policy, upon written request by the Purchaser or any of its applicable Affiliate, the Company shall facilitate
and consent to the deposit of any or all of the Subscription Shares or other Class A Ordinary Shares owned or acquired by the
Purchaser and any Affiliates of the Purchaser with the depositary for the issuance of the</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in"><FONT STYLE="font-size: 10pt">Company&rsquo;s
ADSs (free of any restrictive legend) in accordance with the Deposit Agreement between the Company, Deutsche Bank Trust Company
Americas as depositary (or such other depositary bank with which the Company may enter into any depositary or similar agreement
in connection with its ADS program), and all holders and beneficial owners of American depositary shares issued thereunder (as
may be amended or replaced from time to time). Without limiting the generality of the foregoing, to the extent permitted by Applicable
Law and the Company&rsquo;s securities trading policy, the Company agrees to (i) execute, deliver and provide such instrument
or document, and carry out any other necessary or appropriate action, as may be reasonably requested or required by such depositary,
the Purchaser or its securities broker, and (ii) to the extent any legal opinion is required, procure that such depositary accept
any legal opinion issued by such qualified legal counsel as may be reasonably designated by the Purchaser or its applicable Affiliate
in its discretion, in each case of clauses (i) and (ii) above, in connection with the deposit of Class&nbsp;A Ordinary Shares,
the issuance of ADSs and/or the removal of any restrictive legend. The Company and its Affiliates shall not be responsible for
any fees or expenses incurred solely as a result of effecting the deposit arrangement referred to in this &lrm;Section 5.02, such
as ADS conversion fees (other than any fees or expenses that would be required to be paid without the deposit arrangement hereunder
pursuant to the applicable deposit agreement or otherwise).</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
5.03&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Nasdaq Listing</I><FONT STYLE="font-style: normal">. Notwithstanding
anything to the contrary in this Agreement, before all of the Subscription Shares shall have been issued in full under this Agreement,
in the event that the ADSs of the Company cease, or would be reasonably expected to cease, to be listed and traded on Nasdaq,
whether as a result of any delisting by the Company, Nasdaq or the SEC, or any going-private transaction, merger, tender offer
or similar event or transaction involving the Company, or any offer or proposal thereof, or for any other reason whatsoever (a
&ldquo;<B>Delisting</B>&rdquo;), then the Company&rsquo;s obligations to issue and allot to the Purchaser any Second Issuance
Shares or Third Issuance Shares that remain to be issued pursuant to Article II shall become accelerated, and all such remaining
Subscription Shares shall be issued to the Purchaser immediately prior to completion of such Delisting. In such event, notwithstanding
any other provision in this Agreement, the &ldquo;Second Closing Date&rdquo;, &ldquo;the Third Closing Date&rdquo; (as applicable)
and the Determination Date(s) for purposes of determining any &ldquo;Per-Share Price&rdquo; under Schedule A of this Agreement
shall be deemed to mean and refer to the date immediately prior to the date on which such Delisting shall occur.</FONT></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: small-caps 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 10pt; font-variant: normal; text-transform: uppercase">Article
VI</FONT><FONT STYLE="font-size: 10pt"><BR>
<FONT STYLE="font-variant: normal">ADDITIONAL AGREEMENTS</FONT></FONT></P>

<P STYLE="font: small-caps 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
6.01&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Reasonable Best Efforts; Further Assurances.</I> Subject to the terms and conditions
of this Agreement, the Company and the Purchaser will use their reasonable best efforts to take, or cause to be taken, all actions
and to do, or cause to be done, all things necessary or desirable under Applicable Laws to consummate the transactions contemplated
by this Agreement. From time to time following the date hereof, the parties hereto shall execute and deliver such other instruments
of assignment, transfer and delivery and shall take such other actions as any other party hereto reasonably may request in order
to consummate, complete and carry out the transactions contemplated by this Agreement.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
6.02&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Public Announcements. </I>Other than any public statement or disclosure as may
be required by Applicable Law or applicable stock exchange rules, each party hereto agrees to consult with the other party hereto
before issuing any press release or making any public statement or disclosure with respect to this Agreement or the transactions
contemplated hereby and agrees not to issue any such press release or make any such public</FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in"><FONT STYLE="font-size: 10pt">statement
or disclosure without the prior written consent of the other party; <U>provided</U> that a party may without the prior written
consent of the other party issue any such press release or public statement of disclosure if such party has used reasonable efforts
to consult with the other party and to obtain the consent of the other party but has been unable to do so prior to the time such
press release or public statement or disclosure is required to be released pursuant to Applicable Law or any listing agreement
with any national securities exchange; <U>provided</U>, <U>further</U>, that such party has also notified the other party in writing
of the details and content of the press release or public statement or disclosure to be released reasonably in advance of such
release.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
6.03&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Compliance with Transaction Documents.</I> The Purchaser hereby agrees that it
shall and shall cause its applicable Affiliates to comply with the Business Cooperation Agreement and shall be liable for any
failure by such Affiliates to perform the Business Cooperation Agreement as if it were a primary obligor thereunder. The&nbsp;Company
hereby agrees that it shall and shall cause its applicable Affiliates to comply with all the Business Cooperation Agreement, and
shall be liable for any failure by such Affiliates to perform the Business Cooperation Agreement as if it were a primary obligor
thereunder.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
6.04&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Survival&nbsp;</I></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Fundamental Company Representations and the Fundamental Purchaser Representations shall survive indefinitely or until the latest
date permitted by law.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All
representations and warranties contained in this Agreement other than the Fundamental Company Representations and the Fundamental
Purchaser Representations shall survive the applicable Closing until: (i) with respect to the First Issuance Shares, the expiration
of eighteen (18) months from the First Closing Date; (ii) with respect to the Second Issuance Shares, the&nbsp;expiration of eighteen
(18) months from the Second Closing Date; and (iii) with respect to the&nbsp;Third Issuance Shares, the expiration of eighteen
(18) months from the Third Closing Date.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding
the foregoing sub-clauses (a) and (b), any breach of any representation, warranty, covenant or agreement in respect of which indemnity
may be sought under this Agreement shall survive the time at which it would otherwise terminate pursuant to the sub-clause (a)
and (b) above, if notice of the inaccuracy or breach thereof giving rise to such right of indemnity shall have been given to the
party against whom such indemnity may be sought prior to such time.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nothing
contained in this Agreement shall limit or exclude any liability for fraud or willful misrepresentation.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: small-caps 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 10pt; font-variant: normal; text-transform: uppercase">Article
VII</FONT><FONT STYLE="font-size: 10pt"><BR>
<FONT STYLE="font-variant: normal">CLOSING CONDITIONS</FONT></FONT></P>

<P STYLE="font: small-caps 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
7.01&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Conditions to Obligations of the Company and the Purchaser. </I>The obligations
of the Company and the Purchaser to consummate each Closing (other than the First Closing, unless the First Closing Date is not
the date hereof) are subject to the satisfaction of the following conditions:</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;no
provision of any Applicable Law shall prohibit the consummation of such Closing; and</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;no
proceeding challenging this Agreement or the transactions contemplated hereby, or seeking to prohibit, alter, prevent or materially
delay such Closing, shall have been instituted before any Governmental Entity and shall be pending.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
7.02&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Conditions to Obligations of the Company. </I>The obligations of the Company to
consummate each Closing (other than the First Closing, unless the First Closing Date is not the date hereof) are subject to the
satisfaction of the following conditions: (a) the representations and warranties of the Purchaser in this Agreement shall be true
and correct in all material respects as of the applicable Closing Date as though made as of such Closing Date; (b) the Fundamental
Purchaser Representations shall be true and correct as of the applicable Closing Date as though made as of such Closing Date (except
that those representations and warranties that address matters only as of a particular date shall have been true and correct only
on such date); (c) each of the Transaction Documents, including the Business Cooperation Agreement, has been duly executed by
the Purchaser or its applicable Affiliates; (d) the Purchaser shall have performed in all material respects all obligations and
conditions herein required to be performed or observed by the Purchaser on or prior to the applicable Closing Date, and (e)&nbsp;the
Company shall have received a certificate signed by an executive officer of the Purchaser confirming the satisfaction of item
(a) through (d) above.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
7.03&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Conditions to Obligations of the Purchaser. </I>The obligation of the&nbsp;Purchaser
to consummate each Closing (other than the First Closing, unless the First Closing Date is not the date hereof) is subject to
the satisfaction of the following conditions: (a)&nbsp;the representations and warranties of the Company that are qualified by
materiality or Material Adverse Effect shall be true and correct as of the applicable Closing Date as though made on and as of
such Closing Date (except that those representations and warranties that address matters only as of a particular date shall have
been true and correct only on such date), (b)&nbsp;the representations and warranties of the Company that are not qualified by
materiality or Material Adverse Effect shall be true and correct in all material respects as of the applicable Closing Date as
though made as of such Closing Date (except that those representations and warranties that address matters only as of a particular
date shall have been true and correct only on such date), (c) the Fundamental Company Representations shall be true and correct
as of the&nbsp;applicable Closing Date as though made as of such Closing Date (except that those representations and warranties
that address matters only as of a particular date shall have been true and correct only on such date), (d) the Company shall have
performed in all material respects all obligations and conditions herein required to be performed or observed by the Company on
or prior to the applicable Closing Date; (e) there shall have been no event, occurrence, development or state of circumstances
or facts that constitutes a Material Adverse Effect; (f) the representations and warranties of the Company in &lrm;Section 3.15(b)
shall be true and correct as of the applicable Closing Date as though made as of such Closing Date; and (g) the Purchaser shall
have received a certificate signed by an executive officer of the Company confirming the satisfaction of item (a) through (d)
above.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: small-caps 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 10pt; font-variant: normal; text-transform: uppercase">Article
VIII</FONT><FONT STYLE="font-size: 10pt"><BR>
INDEMNIFICATION</FONT></P>

<P STYLE="font: small-caps 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
8.01&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Indemnification</I></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">.</FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Subject
to the other provisions of this Article VIII and Schedule B, each of the&nbsp;Company and the Purchaser (each, an &ldquo;<B>Indemnifying
Party</B>&rdquo;) shall indemnify and hold each other and its respective Affiliates, and the directors, officers, employees, advisors,
agents and assigns of the other party and its Affiliates (collectively, the &ldquo;<B>Indemnified Party</B>&rdquo;) harmless from
and against any losses, liabilities, damages, liens, penalties, diminution in value, costs and expenses, including reasonable
attorney&rsquo;s fees and other reasonable expenses of investigation and defense of any of the foregoing (collectively, &ldquo;<B>Losses</B>&rdquo;)
resulting from or arising out of: (i) any breach or violation of, or inaccuracy in, any representation or warranty made by the
Indemnifying Party or its applicable Affiliates under this Agreement or any claim by any third party alleging, constituting or
involving such a breach, violation or inaccuracy; (ii)&nbsp;any breach or violation of, or failure to perform, any covenants or
agreements made by or on behalf of, or to be performed by, the Indemnifying Party or its applicable Affiliates under this Agreement
or any claim by any third party alleging, constituting or involving such a breach, violation or failure to perform; or (iii) fraud.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No
Indemnifying Party shall be liable for any Loss consisting of punitive damages (except to the extent that such punitive damages
are awarded to a third party against an Indemnified Party in connection with a Third Party Claim).</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding
any other provision contained herein, the remedies contained in this Article VIII shall be the sole and exclusive monetary remedy
of the Indemnified Parties for any claim arising out of or resulting from this Agreement, except that no limitation or exceptions
with respect to the obligations or liabilities on either Party provided hereunder (including, without limitation, the limitations
set forth in this &lrm;Section 8.01 and Schedule B) shall apply to the extent that such Losses arise or are increased as the consequence
of any fraud or willful misrepresentation by the Indemnifying Party or its Subsidiaries or Affiliates. Nothing in this Article
VIII, Schedule B or elsewhere in this Agreement shall affect any parties&rsquo; rights to specific performance or other equitable
or non-monetary remedies with respect to the covenants and agreements in this Agreement or that are to be performed at or after
any Closing; <U>provided</U> that for the avoidance of doubt, except in the case of fraud, nothing contained herein shall permit
any party to rescind this Agreement.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Indemnified Party shall be entitled to set-off any Losses (once finally determined in accordance with this Agreement, including
Article VIII and Section 9.09) against any amount owed by the Indemnified Party to the Indemnifying Party under this Agreement.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
8.02&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Third Party Claims</I>&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
any third party shall notify an Indemnified Party in writing with respect to any matter involving a claim by such third party
(a &ldquo;<B>Third Party Claim</B>&rdquo;) and such Indemnified Party believes such claim would give rise to a claim for indemnification
against the Indemnifying Party under this Article VIII, then the Indemnified Party shall promptly (i) notify the Indemnifying
Party thereof in writing and (ii) transmit to the Indemnifying Party a written notice (&ldquo;<B>Claim Notice</B>&rdquo;) describing
in reasonable detail, to the extent reasonably practicable, the nature of the Third Party Claim, a copy of all papers served with
respect to such claim (if any), and the basis of the Indemnified Party&rsquo;s request for indemnification under this Agreement.
The failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder except to
the extent any Losses are increased by an amount in excess of US$50,000 by the failure of the Indemnified Party to promptly notify
the Indemnifying Party.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Upon
receipt of a Claim Notice with respect to a Third Party Claim, the Indemnifying Party shall have the right to assume the defense
of any Third Party Claim by, within thirty (30) days of receipt of the Claim Notice, notifying the Indemnified Party in writing
that the Indemnifying Party elects to assume the defense of such Third Party Claim, and upon delivery of such notice by the Indemnifying
Party, the Indemnifying Party shall have the right to control and settle the proceeding, <U>provided</U> that, (i) any such settlement
or compromise shall be permitted hereunder only with the written consent of the Indemnified Party which consent shall not be unreasonably
withheld or delayed, and (ii) and the Indemnifying Party shall keep the Indemnified Party reasonably informed of the progress
of such defense on a regular basis.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
requested by the Indemnifying Party, the Indemnified Party shall, at the sole cost and expense of the Indemnifying Party, cooperate
with the Indemnifying Party and its counsel in contesting any Third Party Claim which the Indemnifying Party elects to contest,
including the making of any related counterclaim against the person asserting the Third Party Claim or any cross complaint against
any person. The Indemnified Party shall have the right to receive copies of all pleadings, notices and communications with respect
to any Third Party Claim for which indemnity is sought under this Agreement, other than any privileged communications between
the Indemnifying Party and its counsel, and shall be entitled, at its sole cost and expense, to retain separate co-counsel and
participate in, but not control, any defense or settlement (except for its consent required under &lrm;Section 8.02(b) above)
of any Third Party Claim assumed by the Indemnifying Party pursuant to &lrm;Section 8.02(b).</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
the event of a Third Party Claim for which the Indemnifying Party elects not to assume the defense or fails to make such an election
within thirty (30) days of the Claim Notice, the Indemnified Party may, at its option, defend, settle, compromise or pay such
action or claim at the expense of the Indemnifying Party; <U>provided</U> that, any such settlement or compromise shall be permitted
hereunder only with the written consent of the Indemnifying Party, which consent shall not be unreasonably withheld or delayed.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
8.03&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Materiality. </I>Notwithstanding any other provision in this Agreement, for the
purposes of Article VIII hereof and Schedule B, in determining the amount of any Losses suffered by any Indemnified Party as a
result of, arising out of or in connection with any such breach, violation or inaccuracy, in each such case for which an Indemnifying
Party is required to indemnify the Indemnified Parties pursuant to this Article VIII hereof and Schedule B, all qualifications
and limitations in such representations and warranties included in this Agreement, in each case, with respect to Material Adverse
Effect, materiality, material or similar terms shall be entirely disregarded and will not have any effect, except that this Section
8.03 shall not apply to the extent that (i) any such representation or warranty relates to whether a Material Adverse Effect has
occurred, or (ii) any such term is used to limit or restrict an exception or carve out to any such representation or warranty.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
8.04</FONT><FONT STYLE="font-size: 10pt"><I>&#9;Investigation. </I>The right to indemnification will not be affected by any investigation
conducted with respect to, or any knowledge acquired (or capable of being acquired) at any time, whether before or after the execution
and delivery of this Agreement or any Closing, with respect to the accuracy or inaccuracy of or compliance with,</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in"><FONT STYLE="font-size: 10pt">any
representation, warranty, covenant or agreement made by a party hereto or any other matter. The&nbsp;waiver of any condition based
on the accuracy of any such representation or warranty, or on the performance of or compliance with any such covenant or agreement,
will not affect the right to indemnification hereunder based on any such representation, warranty, covenant or agreement. No Indemnified
Party shall be required to show reliance on any representation, warranty, certificate or other agreement in order for such Indemnified
Party to be entitled to indemnification hereunder.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: small-caps 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 10pt; font-variant: normal; text-transform: uppercase">Article
IX</FONT><FONT STYLE="font-size: 10pt"><BR>
<FONT STYLE="font-variant: normal">MISCELLANEOUS</FONT></FONT></P>

<P STYLE="font: small-caps 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
9.01&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Notices. </I>All notices, requests, demands and other communications that are
required or may be given pursuant to the terms of this Agreement shall be in writing, and delivery shall be deemed sufficient
in all respects and to have been duly given as follows: (a) on the actual date of service if delivered personally; (b) at the
time of receipt if given by electronic mail to the e-mail addresses set forth in this &lrm;Section 9.01; (c) on the third day
after mailing if mailed by first-class mail return receipt requested, postage prepaid and properly addressed as set forth in this
&lrm;Section 9.01; or (d) on the day after delivery to a nationally recognized overnight courier service during its business hours
for overnight delivery against receipt, and properly addressed as set forth in this &lrm;Section 9.01:</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 12pt"><FONT STYLE="font-size: 10pt"><I>If to the Purchaser:</I></FONT></TD>
    <TD COLSPAN="2"><P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">c/o Tencent
Holdings Limited&nbsp;</FONT></P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Level 29, Three Pacific
Place&nbsp;</FONT></P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">1 Queen&rsquo;s Road
East&nbsp;</FONT></P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Wanchai, Hong Kong&nbsp;</FONT></P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">E-mail: legalnotice@tencent.com&nbsp;</FONT></P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Attention: Compliance
and Transactions Department&nbsp;</FONT></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="font-size: 12pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 12pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 12pt"><FONT STYLE="font-size: 10pt"><I>with a copy (which shall constitute notice) to each of:</I></FONT></TD>
    <TD COLSPAN="2"><P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Tencent Binhai
Towers&nbsp;</FONT></P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">No. 33 Haitian 2nd Road,
Nanshan District&nbsp;</FONT></P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Shenzhen 518054, PRC&nbsp;</FONT></P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Attention: Mergers and
Acquisitions Department&nbsp;</FONT></P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">E-mail:&#9; PD_Support@tencent.com&nbsp;</FONT></P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Attention: Mergers and
Acquisitions Department&nbsp;</FONT></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="font-size: 12pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 12pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 12pt"><FONT STYLE="font-size: 10pt"><I>and</I></FONT></TD>
    <TD COLSPAN="2"><P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Davis Polk
&amp; Wardwell&nbsp;</FONT></P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">18th Floor, The Hong
Kong Club Building&nbsp;</FONT></P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">3A Chater Road&nbsp;</FONT></P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Hong Kong&nbsp;</FONT></P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Attention: Miranda So&nbsp;</FONT></P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Facsimile: (+852) 2533-1773&nbsp;</FONT></P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">E-mail:&#9; miranda.so@davispolk.com</FONT></P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="font-size: 12pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 12pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 12pt"><FONT STYLE="font-size: 10pt"><I>If to the Company:</I></FONT></TD>
    <TD COLSPAN="2"><P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">JD.com, Inc.&nbsp;</FONT></P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">21/F, Building A, No.
18 Kechuang 11 Street, Yizhuang Economic and Technological Development Zone, Daxing District, Beijing, 101111&nbsp;</FONT></P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">The People&rsquo;s Republic
of China&nbsp;</FONT></P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Attention: Juexi Liu,
M&amp;A Team &ndash; Legal Department&nbsp;</FONT></P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">E-mail: legalnotice@jd.com&nbsp;</FONT></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 12pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-size: 12pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 12pt"><FONT STYLE="font-size: 10pt"><I></I></FONT></TD>
    <TD COLSPAN="2"><P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P></TD></TR>
<TR>
    <TD STYLE="width: 41%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 8%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 51%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 42%; font-size: 12pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>with
    a copy (which shall not constitute notice) to:</I></FONT></TD>
    <TD STYLE="width: 58%"><P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Skadden,
                           Arps, Slate, Meagher &amp; Flom</FONT></P>
        <P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>
        <P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">42/F,
        Edinburgh Tower, The Landmark</FONT></P>
        <P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>
        <P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">15
        Queen&rsquo;s Road Central, Hong Kong</FONT></P>
        <P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>
        <P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Attention:
        Z. Julie Gao</FONT></P>
        <P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>
        <P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Facsimile:
        (+852) 3910 - 4863</FONT></P>
        <P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>
        <P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">E-mail:
        julie.gao@skadden.com</FONT></P>
        <P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P></TD></TR>
</TABLE>


<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Any party
may change its address or other contact information for notice by giving notice to each other party in accordance with the terms
of this &lrm;Section 9.01. In no event will delivery to a copied Person alone constitute delivery to the party represented by
such copied Person.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
9.02&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Severability. </I>If any term, provision, covenant or restriction of this Agreement
is held by a court of competent jurisdiction or other Governmental Entity to be invalid, void or unenforceable, the remainder
of the terms, provisions, covenants and restrictions of this Agreement shall remain in full force and effect and shall in no way
be affected, impaired or invalidated so long as the economic or legal substance of the transactions contemplated hereby is not
affected in any manner materially adverse to any party. Upon such a determination, the parties shall negotiate in good faith to
modify this Agreement so as to effect the original intent of the parties as closely as possible in an acceptable manner in order
that the transactions contemplated hereby be consummated as originally contemplated to the fullest extent possible.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
9.03&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Entire Agreement. </I>This Agreement and the other Transaction Documents, including
the schedules and exhibits hereto and thereto, constitute the entire agreement and understanding between the parties hereto with
respect to the subject matter hereof or thereof and supersede any prior understandings, agreements or representations by or between
the parties, written or oral, related to the subject matter hereof or thereof .</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
9.04&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Counterparts. </I>This Agreement may be executed in separate counterparts, each
of which shall be an original and all of which taken together shall constitute one and the same agreement. Signatures in the form
of facsimile or electronically imaged &ldquo;PDF&rdquo; shall be deemed to be original signatures for all purposes hereunder.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
9.05&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Assignments. </I>This Agreement is personal to each of the parties hereto. Neither
party may assign or delegate any rights or obligations hereunder without first obtaining the written consent of the other party.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
9.06&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Descriptive Headings; Construction</I>. The descriptive headings of this Agreement
are inserted for convenience only and do not constitute a part of this Agreement. The parties hereto agree that this Agreement
is the product of negotiation between sophisticated parties and individuals, all of whom were represented by counsel, and each
of whom had an opportunity to participate in and did participate in the drafting of each provision hereof. Accordingly, ambiguities
in this Agreement, if any, shall not be construed strictly or in favor of or against any party but rather shall be given a fair
and reasonable construction without regard to the rule of <I>contra proferentem</I>.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
9.07&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Amendment. </I>This Agreement may be amended only by a written instrument executed
by each of the parties hereto.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
9.08&#9;</FONT><FONT STYLE="font-size: 10pt">G<I>overning Law. </I>This Agreement shall be governed by and construed in accordance
with the laws of Hong Kong, without regard to its principles of conflicts of laws.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
9.09&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Dispute Resolution. </I>i) Any dispute, controversy, claim or difference of any
kind whatsoever arising out of, relating to or in connection with this Agreement, or the breach, termination or invalidity hereof
(including the validity, scope and enforceability of this arbitration provision) (the &ldquo;<B>Dispute</B>&rdquo;) shall first
be attempted to be resolved through consultation between the parties in good faith for a period of thirty (30) days after written
notice has been given in accordance with the provisions of &lrm;Section 9.01 (the &ldquo;<B>Consultation Period</B>&rdquo;). Such
resolution may include agreeing upon a proposed plan specifying the steps to be taken, and the time period for taking such steps.
At any time during such consultation, any relevant party may escalate the matter to the Chief Executive Officers of the Company
and the parent entity of the Purchaser who will attempt in good faith and use their best efforts to resolve the matter. The parties
agree that all discussions contemplated under this &lrm;Section 9.09 will be conducted in good faith and that such executives
and officers will use their best efforts to resolve the Dispute and preserve the arrangements contemplated under this Agreement.
Notwithstanding any other provision contained herein, any party shall have the right in its sole discretion to seek emergency
and/or interim measures at any time after the posting of a request for consultation.&#9;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
the Dispute remains unresolved upon expiration of the Consultation Period, any Party may in its sole discretion elect to submit
the Dispute to be finally settled by arbitration with notice to any other Party or Parties. The arbitration shall be conducted
in Hong Kong and shall be administered by the Hong Kong International Arbitration Centre (&ldquo;<B>HKIAC</B>&rdquo;) in accordance
with the HKIAC Administered Arbitration Rules in force at the time of the commencement of the arbitration. The arbitration tribunal
shall consist of three arbitrators. The language of the arbitration shall be English, and the seat of the arbitration shall be
Hong Kong. The decision of the arbitrators (by rule of majority) shall be final and binding on the parties.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
9.10&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Expenses. </I>Except as otherwise expressly provided herein, all costs and expenses
incurred in connection with this Agreement, or any amendment or waiver hereof, and the transactions contemplated hereby shall
be paid by the party incurring such costs or expenses.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
9.11&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Third Party Beneficiaries. </I>Except as otherwise expressly set forth in this
Agreement, there are no third party beneficiaries of this Agreement and nothing in this Agreement, express or implied, is intended
to confer on any Person any rights, remedies or obligations.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
9.12&#9;</FONT><FONT STYLE="font-size: 10pt"><I>Specific Performance. </I>The parties hereto agree that irreparable damage would
occur if any provision of this Agreement were not performed in accordance with the terms hereof and that the parties shall be
entitled to an injunction or injunctions to prevent breaches of this Agreement or to enforce specifically the performance of the
terms and provisions hereof in any court of competent jurisdiction, in addition to any other remedy to which they are entitled
at law or in equity.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="font-size: 10pt; font-style: normal">Section
9.13&#9;</FONT><FONT STYLE="font-size: 10pt"><I>No Waiver; Cumulative Remedies</I>. Except as specifically set forth herein, the
rights and remedies of the parties to this Agreement are cumulative and not alternative. No failure or delay on the part of any
party in exercising any right, power or remedy under this Agreement will operate as a waiver of such right, power or remedy, and
no single or partial exercise of any such right, power or remedy will preclude any other or further exercise of such right, power
or remedy or the exercise of any other right, power or remedy. To the maximum extent permitted by Applicable Law, (a) no claim
or right arising out of this Agreement can be discharged by one party, in whole or in part, by a waiver or renunciation of the
claim or right unless in writing signed by the other party; (b) no waiver that may be given by a party will be applicable except
in the specific instance for which it is given; and (c) no notice to or demand on one party will be deemed to be a waiver of any
obligation of that party or of the right of the party giving such notice or demand to take further action without notice or demand
as provided in this Agreement.</FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">[Signature
Pages Follow]</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">IN WITNESS
WHEREOF, the parties hereto have executed this Agreement on the date first set forth above.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD><B>&nbsp;</B></TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt"><B>JD.COM, INC.</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="width: 7%; font-size: 10pt">By:</TD>
    <TD STYLE="width: 39%; border-bottom: Black 1pt solid; font-size: 10pt">/s/ Liu Qiangdong</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">Name:&#9;Liu Qiangdong</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">Title:&#9;&nbsp;&nbsp;Authorized Signatory</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">IN WITNESS
WHEREOF, the parties hereto have executed this Agreement on the date first set forth above.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"></FONT></P>


<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in"><P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD><B>&nbsp;</B></TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt"><B>HUANG
RIVER INVESTMENT LIMITED</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="width: 7%; font-size: 10pt">By:</TD>
    <TD STYLE="width: 39%; border-bottom: Black 1pt solid; font-size: 10pt">/s/ Lau Chi Ping Martin</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">Name:&#9;Lau Chi Ping Martin</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">Title:&#9;&nbsp;&nbsp;Authorized Signatory</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>
</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>


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<P STYLE="font: bold 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 10pt">SCHEDULE
A<BR>
<BR>
Subscription Shares</FONT></P>

<P STYLE="font: bold 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">The number
of First Issuance Shares shall be 8,127,302.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">The number
of Second Issuance Shares shall be equal to the quotient (rounded up to the nearest whole number) of US$70,000,000 divided by
the Per-Share Price as of May 27, 2020.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">The number
of Third Issuance Shares shall be equal to the quotient (rounded up to the nearest whole number) of US$70,000,000 divided by the
Per-Share Price as of May 27, 2021.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">As used in
this Schedule A, the &ldquo;<B>Per-Share Price</B>&rdquo; as of a certain date (the&nbsp;&ldquo;<B>Determination Date</B>&rdquo;)
means the price of each Class A Ordinary Share, determined based on the arithmetic mean of the VWAPs (adjusted appropriately to
reflect the fact that each ADS of the Company represents two (2) Class A Ordinary Shares (or such other number of Class A Ordinary
Shares represented by each ADS of the Company, as the case may be, as of the First Closing Date, the Second Closing Date or the
Third Closing Date, as applicable)) during the twenty&nbsp;(20) consecutive Trading Days immediately prior to the Determination
Date. For the purpose of this definition, (i) &ldquo;<B>VWAP</B>&rdquo; as of any date means the per-ADS daily U.S. dollar volume-weighted
average price as reported by Bloomberg, LP through its &ldquo;Historical Price Table Screen (HP)&rdquo; with &ldquo;Market: Weighted
Ave&rdquo; function selected or as displayed under the heading &ldquo;Bloomberg VWAP&rdquo; on Bloomberg page &ldquo;JOBS &lt;equity&gt;
AQR&rdquo; (or an equivalent or successor page) or, if no such dollar volume-weighted average price is reported, then the market
value of one ADS of the Company on such day determined using a volume-weighted average method by a nationally recognized independent
investment banking firm; (ii) VWAP shall be determined in any event without regard to trading outside regular trading hours; and
(iii) &ldquo;<B>Trading Day</B>&rdquo; means any day on which trading of the ADSs of the Company generally occurs on Nasdaq, other
than any day on which there is a failure by Nasdaq to open for trading during its regular trading session or an occurrence or
existence for more than one half-hour period in the aggregate during regular trading hours of any suspension or limitation imposed
on trading in such ADSs or in any options contracts or futures relating to such ADSs.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>


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<P STYLE="font: bold 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 10pt">SCHEDULE
B<BR>
<BR>
Limitations on Liability</FONT></P>

<P STYLE="font: bold 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0pt"></TD><TD STYLE="width: 36pt; text-align: left"><FONT STYLE="font-size: 10pt">A.</FONT></TD><TD><FONT STYLE="font-size: 10pt"><U>Minimum Claims</U></FONT></TD>
</TR></TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">No Indemnified
Party shall be entitled to recover any Losses pursuant to Article VIII, other than with respect to (i)&nbsp;breaches of Fundamental
Company Representations or Fundamental Purchaser Representations (as applicable) or (ii) violation or non-performance of any covenant
or agreement by any Indemnifying Party under this Agreement, until such time as the aggregate amount of all such Losses that have
been suffered or incurred by any one or more of the Indemnified Parties exceeds US$920,000 (the &ldquo;<B>Loss Threshold</B>&rdquo;),
<U>provided</U>, <U>however</U>, that once the aggregate amount of all such Losses exceeds the Loss Threshold, the Indemnifying
Party shall be liable for all such Losses (including the Loss Threshold).</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0pt"></TD><TD STYLE="width: 36pt; text-align: left"><FONT STYLE="font-size: 10pt">B.</FONT></TD><TD><FONT STYLE="font-size: 10pt"><U>Maximum Liability</U></FONT></TD>
</TR></TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">The maximum
aggregate amount of Losses that the Indemnified Parties will be entitled to recover pursuant to Article VIII, other than with
respect to any Losses as a result of or arising out of (i) breach of any Fundamental Company Representations or Fundamental Purchaser
Representations (as applicable) or (ii) violation or non-performance of any covenant or agreement by any Indemnifying Party under
this Agreement, shall be limited to US$130,000,000. Subject to paragraph F below, the maximum aggregate amount of Losses that
the Indemnified Parties will be entitled to recover (inclusive and not in duplication of the amounts referred to in the preceding
sentence) pursuant to Article VIII shall be limited to US$260,000,000.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0pt"></TD><TD STYLE="width: 36pt; text-align: left"><FONT STYLE="font-size: 10pt">C.</FONT></TD><TD><FONT STYLE="font-size: 10pt"><U>Specific Limitations</U></FONT></TD>
</TR></TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">An
Indemnifying Party shall not have any liability to the Indemnified Party under Article&nbsp;VIII of this Agreement to the extent
any Losses arise from:</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.55in"></TD><TD STYLE="width: 0.45in"><FONT STYLE="font-size: 10pt">(a)</FONT></TD><TD><FONT STYLE="font-size: 10pt">the passing of, or any change
                                         in, after the applicable Closing Date of any Applicable Law not announced prior to the
                                         date of this Agreement, including (without prejudice to the generality of the foregoing)
                                         any increase in the rates of Tax or any imposition of Tax or any withdrawal of relief
                                         from Tax not actually (or prospectively) in effect on such Closing Date;</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.55in"></TD><TD STYLE="width: 0.45in"><FONT STYLE="font-size: 10pt">(b)</FONT></TD><TD STYLE="padding-right: 0.3in"><FONT STYLE="font-size: 10pt">any
                                         voluntary act, voluntary omission, transaction or agreement after the applicable Closing
                                         Date made by the Indemnified Party, other than pursuant to a legally binding commitment
                                         in place prior to such Closing Date;</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.55in"></TD><TD STYLE="width: 0.45in"><FONT STYLE="font-size: 10pt">(c)</FONT></TD><TD STYLE="padding-right: 0.2in"><FONT STYLE="font-size: 10pt">any
                                         act, omission or transaction occurring before the applicable Closing Date directly as
                                         a result of the written request or written direction of the Indemnified Party;</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.55in"></TD><TD STYLE="width: 0.45in"><FONT STYLE="font-size: 10pt">(d)</FONT></TD><TD STYLE="padding-right: 0.1in"><FONT STYLE="font-size: 10pt">if
                                         and to the extent that a specific allowance, provision or reserve has been made in the
                                         financial statements in respect of the matter to which such liability relates;</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.55in"></TD><TD STYLE="width: 0.45in"><FONT STYLE="font-size: 10pt">(e)</FONT></TD><TD STYLE="padding-right: 0.1in"><FONT STYLE="font-size: 10pt">if
                                         and to the extent any breach or claim shall arise by reason of some liability of which
                                         at the time the breach is notified to the Indemnifying Party is contingent only, the
                                         Indemnifying Party shall not be under any obligation to make any payment thereunder until
                                         such time as the Indemnified Party has suffered a Loss; or</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.55in"></TD><TD STYLE="width: 0.45in"><FONT STYLE="font-size: 10pt">(f)</FONT></TD><TD STYLE="padding-right: 0.1in"><FONT STYLE="font-size: 10pt">any
                                         change after the applicable Closing Date of any generally accepted interpretation or
                                         application of any legislation, or changes in the accounting policy, bases or practice
                                         of the Indemnified Party, unless any such changes have been publicly announced prior
                                         to the date hereof.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">The amount
of any Losses payable by the Indemnifying Party under this Agreement shall be net of any (i) amounts actually recovered (and not
subject to forfeiture or reimbursement) by Indemnified Party under applicable insurance policies or from any other Person alleged
to be responsible therefor, and (ii) corresponding Tax benefits to the Indemnified Party arising from such Losses, provided that
no such amounts shall reduce any amount recoverable under Article VIII hereof except to the extent that the Indemnified Party
has already been compensated for any deductible under any insurance policy, any unrecoverable loss hereunder and the expenses
of such recovery. In computing the amount of any such Tax benefit, the Indemnified Party shall be deemed to utilize, at such Indemnified
Party&rsquo;s average tax rate then in effect, all Tax items arising from the incurrence or payment for any Losses.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">If the Indemnifying
Party has paid an amount in discharge of any claim under this Agreement and the Indemnified Party has been compensated in full
for all Losses it has suffered with respect to the subject matter of such claim, then to the extent the Indemnified Party subsequently
recovers or is entitled to recover (whether by payment, discount, credit, relief, insurance or otherwise) from a third party a
sum which further indemnifies or compensates the Indemnified Party (in whole or in part) in respect of the same loss or liability
which is the subject matter of the claim such that the Indemnified Party&rsquo;s recovery and retention of such amount would constitute
double recovery, (i) in the case of recovery of any such amount by the Indemnified Party, it shall as soon as reasonably practicable
pay over such amount to the Indemnifying Party less all costs of recovery and Taxes with respect thereto; and (ii) in the case
of a recoverable amount, it shall use its commercially reasonable efforts to recover such amounts and upon recovery, as soon as
reasonably practicable, pay over such amount to the Indemnifying Party less all costs of recovery and Taxes with respect thereto,
provided that under no circumstances shall the Indemnified Party be required to take any action under this paragraph that it reasonably
considers would be harmful to its or its Affiliates business in any material respect.</FONT></P>

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<TD STYLE="width: 0pt"></TD><TD STYLE="width: 36pt; text-align: left"><FONT STYLE="font-size: 10pt">D.</FONT></TD><TD><FONT STYLE="font-size: 10pt"><U>Mitigation</U></FONT></TD>
</TR></TABLE>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">To the extent
required by applicable Law, the Indemnified Party shall mitigate any Losses for which the Indemnified Party makes claims under
this Agreement, <U>provided</U> that all costs of mitigation shall be taken into account in calculating Losses hereunder.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

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<TD STYLE="width: 0pt"></TD><TD STYLE="width: 36pt; text-align: left"><FONT STYLE="font-size: 10pt">E.</FONT></TD><TD><FONT STYLE="font-size: 10pt"><U>Double Claims</U></FONT></TD>
</TR></TABLE>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">The Indemnified
Party shall not be entitled to recover from the Indemnifying Party under this Agreement or any other Transaction Document more
than once in respect of the same Losses suffered. If the Indemnified Party has a claim for indemnity for a particular matter under
more than one Transaction Document, then it shall consolidate each such claim under the Transaction Document in the same arbitration
proceeding.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

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<TD STYLE="width: 0pt"></TD><TD STYLE="width: 36pt; text-align: left"><FONT STYLE="font-size: 10pt">F.</FONT></TD><TD><FONT STYLE="font-size: 10pt"><U>Fraud</U></FONT></TD>
</TR></TABLE>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">The limitations
contained in this Schedule B shall not apply to the extent such Losses arise or are increased as the consequence of any fraud
or fraudulent misrepresentation by the Indemnifying Party.</FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"></P>

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