Exhibit 4.16
Automotive Service Agreement
Party A: Xinjiang Yishengxin Network Technology Co., Ltd.
Address: Room 405,4th Floor, Chuan-Yu Building, Headquarters Economic Zone, Shenka Avenue, Kashgar Economic Development Zone, Kashgar Region, Xinjiang
Party B: Guangzhou Fengniu Network Technology Co., Ltd.
Address:Room 1707, No.638 West Huangpu Avenue, Tianhe District, Guangzhou City (Location:B) (For office only)
In accordance with the relevant laws and regulations of the People’s Republic of China, Party A and Party B, guided by the principles of mutual trust, sincere cooperation, fairness, and reasonableness, have entered into this agreement through friendly consultation.
Article 1: Scope of Cooperation
Party B provides automotive-related services to Party A and Party A’s clients, including but not limited to promoting businesses in the automotive industry and offering value-added automotive services.
Article 2 Service Area
The service is provided within the territory of China.
Article 3 Service Prices
Article 4: Settlement Matters
Article 5 Rights and Obligations of Both Parties
I. Rights and Obligations of Party A
II. Rights and Obligations of Party B
Refusal for any reason.
Article 6: Confidentiality Clause and Anti-Business Bribery Clause
copied, reproduced, used, disclosed, or shared with any third party except when publicly available, lawfully obtained from authorized sources, required by applicable laws and regulations, or for law enforcement purposes. This provision remains effective upon the expiration or termination of this Agreement.
Property, securities, travel benefits, or other non-material benefits may be included; however, if such benefits constitute industry norms or common practices, they must be explicitly stated in the agreement.
Article 7 Force Majeure
Article 8 Liability for Breach of Contract
Both Party A and Party B shall strictly comply with all provisions of this Agreement. In the event of a breach by either party, such party shall bear liability for the breach and compensate the other party for all resulting economic losses (including but not limited to losses incurred by the aggrieved party and reasonable expenses such as attorney fees, litigation costs, arbitration fees, preservation fees, guarantee fees, surety fees, enforcement costs, notarization fees, appraisal fees, audit fees, valuation fees, travel expenses, and photocopying fees).
Article 9 Dispute Resolution
Both parties shall comply with the relevant laws, regulations, and rules of the People’s Republic of China in executing this Agreement. Any disputes arising from its performance shall be resolved through negotiation. If any dispute arising from or related to this Agreement cannot be resolved through negotiation or mediation, it shall be submitted to the People’s Court at Party A’s place of residence for resolution by litigation.
Article 10: Effectiveness of the Agreement and Other Matters
February 24th;
(No agreement text follows)
Party A: | Party B: |
Legal Representative or Person in Charge: | Legal Representative or Responsible |
Date: February 3, 2026 | Person: Date: February 3, 2026 |
appendix:
Service Content and Quotation
Type of service | Unit Price (RMB per session) | Remarks |
Customer Protection and Services | 93.00 | Actual Service Completion Calculation amount based on the standard The quasi-price serves as the basis. Based on the actual settlement amount Calculate the price To be determined (Note: above). The downward fluctuat- ion shall not exceed 5%, and no additional report- ing is required. Price ) |
Investigation of customers using non-commercial passenger vehicles with fewer than 9 seats | 178.00 | |
Risk assessment for commercial passenger vehicles and freight customers | 356.00 | |
Examination of buses in all cases except those mentioned above. | 267.00 | |
Increase wiper fluid level | 4.45 |
Party A: Xinjiang Yishengxin Network Technology Co., Ltd.
Party B: Guangzhou Fengniu Network Technology Co., Ltd.