<SEC-DOCUMENT>0001493152-18-017231.txt : 20181210
<SEC-HEADER>0001493152-18-017231.hdr.sgml : 20181210
<ACCEPTANCE-DATETIME>20181210124044
ACCESSION NUMBER:		0001493152-18-017231
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20180717
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20181210
DATE AS OF CHANGE:		20181210

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Greenpro Capital Corp.
		CENTRAL INDEX KEY:			0001597846
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374]
		IRS NUMBER:				981146821
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-38308
		FILM NUMBER:		181225645

	BUSINESS ADDRESS:	
		STREET 1:		ROOM 1701-1703 17F THE METROPOLIS TOWER
		STREET 2:		10 METROPOLIS DRIVE
		CITY:			HUNG HOM
		STATE:			K3
		ZIP:			000000
		BUSINESS PHONE:		852-3111-7718

	MAIL ADDRESS:	
		STREET 1:		ROOM 1701-1703 17F THE METROPOLIS TOWER
		STREET 2:		10 METROPOLIS DRIVE
		CITY:			HUNG HOM
		STATE:			K3
		ZIP:			000000

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Greenpro, Inc.
		DATE OF NAME CHANGE:	20140122
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>form8-k.htm
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<P STYLE="margin: 0; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 18pt"><B>UNITED
STATES</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 18pt"><B>SECURITIES
AND EXCHANGE COMMISSION</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt"><B>WASHINGTON,
D.C. 20549</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 18pt"><B>FORM
8-K</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>CURRENT
REPORT</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Pursuant
to Section 13 or 15(d) of the</B></FONT></P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Date
of Report (Date of earliest event reported): July 17, 2018</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 18pt"><B><U>Greenpro
Capital Corp.</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><U></U>(Exact name of registrant as specified in charter)</FONT></P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 32%; font: 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Nevada</FONT></P></TD>
    <TD STYLE="width: 2%; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="width: 32%; font: 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">001-38308</FONT></P></TD>
    <TD STYLE="width: 2%; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="width: 32%; font: 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">98-1146821</FONT></P></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><P STYLE="margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(State or Other Jurisdiction</FONT></P>
                                                                             <P STYLE="margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">of Incorporation)</FONT></P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><P STYLE="margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Commission</FONT></P>
                                                                             <P STYLE="margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">File Number)</FONT></P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><P STYLE="margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(IRS Employer</FONT></P>
                                                                             <P STYLE="margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Identification No.)</FONT></P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="text-align: center; font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font: normal 10pt Times New Roman, Times, Serif">Room 1701-1703, 17/F, The Metropolis Tower</FONT></P>

<P STYLE="text-align: center; font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font: normal 10pt Times New Roman, Times, Serif"></FONT> <FONT STYLE="font: normal 10pt Times New Roman, Times, Serif">10 Metropolis Drive</FONT></P>

<P STYLE="text-align: center; font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font: normal 10pt Times New Roman, Times, Serif"></FONT> <FONT STYLE="font: normal 10pt Times New Roman, Times, Serif">Hung Hom, Kowloon, Hong Kong</FONT></P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Address
of Principal Executive Offices)</FONT></P>


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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 68%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Registrant&rsquo;s
    telephone number, including area code: </FONT></TD>
    <TD STYLE="width: 32%; font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">+
    (852) 3111 -7718</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of registrant under
any of the following provisions:</FONT></P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.25in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[&nbsp;&nbsp;]</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Written
    communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[&nbsp;&nbsp;]</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Soliciting
    material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b)) </FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[&nbsp;&nbsp;]</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pre-commencement
    communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[&nbsp;&nbsp;]</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pre-commencement
    communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Item
1.01. Entry into a Material Definitive Agreement. </B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
July 17, 2018, Greenpro Credit Limited, a wholly owned subsidiary of Greenpro Capital Corp. (the &ldquo;Company&rdquo;), entered
into a loan agreement (the &ldquo;Agreement&rdquo;) with a third party, Shenzhen Rong Jin Jia Cheng Investment Limited (&ldquo;SZRJJC&rdquo;),
pursuant to which the Company loaned SZRJJC $6,000,000. The Company has a money lending license and intends to make similar types
of loans as part of its business operations going forward. The loan is secured by the assets of a subsidiary of SZRJJC, bears
interest at 2% per annum, and is due August 1, 2020. The Agreement also contains standard event of default provisions in favor
of the Company, including but not limited to, breaches of the terms of the Agreement, bankruptcy, insolvency and litigation. In
the event of a default by SZRJJC, the Company can demand immediate repayment of the loan. SZRJJC is an entity based in Shenzhen,
People&rsquo;s Republic of China. The Company made the loan to SZRJJC as part of the Company&rsquo;s plans to expand its business
in the People&rsquo;s Republic of China.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
foregoing description of the Agreement does not purport to be complete and is qualified in its entirety by reference to the complete
text of the Agreement filed as Exhibit 10.1 hereto.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Item
9.01. Financial Statement and Exhibits.</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)
Exhibits.</FONT></P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.7in; font: 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Exhibit<BR>

    No.</B></FONT></TD>
    <TD STYLE="width: 0.1in; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Description</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.1</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P></TD>
    <TD STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: justify"><A HREF="ex10-1.htm"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Form
    of Loan Agreement dated July 17, 2018 between the Company and Shenzhen Rong Jin Jia Cheng Investment Limited. </FONT></A></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pursuant
to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3in"><FONT STYLE="font-family: Times New Roman, Times, Serif; 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; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">GREENPRO
    CAPITAL CORP.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 50%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 5%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="width: 45%; font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>/s/
    Lee Chong Kuang</I></FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Lee
    Chong Kuang</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">President
    and Chief Executive Officer</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Dated:
December 10, 2018</FONT></P>

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


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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>&#26085;&#26399;&#65306;2018&#24180;7&#26376;17&#26085;</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Date
: 17 July 2018</U></B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&#28145;&#22323;&#34701;&#37329;&#22025;&#25104;&#25237;&#36039;&#26377;&#38480;&#20844;&#21496;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Shenzhen
Rong Jin Jia Cheng Investment Limited</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>(&ldquo;&#20511;&#27454;&#20154;&rdquo;)</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>(&ldquo;Borrower&rdquo;)</B></FONT></P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&#33287;</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&#32160;&#23560;&#20449;&#36024;&#26377;&#38480;&#20844;&#21496;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>(Greenpro
Credit Limited)</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>(&ldquo;&#36024;&#27454;&#20154;&rdquo;)</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>(&ldquo;Lender&rdquo;)</B></FONT></P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&#36024;&#27454;&#21332;&#35696;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Loan
Agreement</B></FONT></P>

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

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

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


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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&#26412;&#21332;&#35696;</B>&#30001;&#20197;&#19979;&#21508;&#26041;&#26044;2018&#24180;7&#26376;17&#26085;&#20849;&#21516;&#31805;&#35330;&#65306;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>This
Loan Agreement</B> was signed by the following parties on 17 July 2018:</FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(1)</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#28145;&#22323;&#34701;&#37329;&#22025;&#25104;&#25237;&#36039;&#26377;&#38480;&#20844;&#21496;</U>&#65292;&#33829;&#19994;&#25191;&#29031;&#21495;&#30721;&#65306;<U>91440300MA5DRATD36</U>&#65292;&#20854;&#20303;&#22336;&#28858;<U>&#28145;&#22323;&#24066;&#21069;&#28023;&#28145;&#28207;&#21512;&#20316;&#21306;&#21069;&#28286;&#19968;&#36335;1&#21495;A&#26635;201&#23460;</U>.
                                         (<B>&ldquo;&#20511;&#27454;&#20154;&rdquo;</B>)&#65307;&#21450; <U>Shenzhen Rong Jin Jia
                                         Cheng Investment Limited</U>, Business License Number&#65306;<U>91440300MA5DRATD36</U>,
                                         address <U>Room 201, Building A, No. 1 Qianwan 1st Road, Qianhai-Hong Kong Cooperation
                                         Zone, Qianhai, Shenzhen</U> (&ldquo;<B>Borrower</B>&rdquo;); and</FONT></TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(2)</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&#32160;&#23560;&#20449;&#36024;&#26377;&#38480;&#20844;&#21496;(Greenpro
                                         Credit Limited) </B>(&#20844;&#21496;&#32232;&#34399;: 2256902), &#19968;&#38291;&#26681;&#25818;&#39321;&#28207;&#27861;&#24459;&#35387;&#20874;&#25104;&#31435;&#30340;&#26377;&#38480;&#36012;&#20219;&#20844;&#21496;&#65292;&#20854;&#35387;&#20874;&#36774;&#20107;&#34389;&#20301;&#26044;&#39321;&#28207;&#20061;&#40845;&#37117;&#26371;&#36947;10&#34399;&#37117;&#26371;&#22823;&#24264;17&#27155;1701&#23460;,
                                         &#30446;&#21069;&#38936;&#26377;&#26681;&#25818;&#12298;&#25918;&#20661;&#20154;&#26781;&#20363;&#12299;&#65288;&#39321;&#28207;&#27861;&#20363;&#31532;163&#31456;&#65289;&#30332;&#20986;&#32232;&#34399;&#28858;0099/2018&#30340;&#26377;&#25928;&#25918;&#20661;&#20154;&#29260;&#29031;(&ldquo;<B>&#36024;&#27454;&#20154;</B>&rdquo;)&#12290;<B>Greenpro
                                         Credit Limited</B> (Company Number: 2256902), a limited liability company incorporated
                                         under the laws of Hong Kong with a registered office located at Room 1701, 17/F, Metropolis
                                         Tower, 10 Metropolis Drive, Kowloon, Hong Kong, holding a money lender license numbered
                                         &ldquo;0099/2018&rdquo; pursuant to the Money Lenders Ordinance (Chapter 163 of Laws of
                                         Hong Kong) (&ldquo;<B>Lender</B>&rdquo;)</FONT></TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(3)</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#24464;&#23416;&#26126;
                                         (<B>&ldquo;&#25812;&#20445;&#20154;</B>&rdquo;)&#12290;Xu Xueming (&ldquo;<B>Guarantor</B>&rdquo;)</FONT></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(&#20511;&#27454;&#20154;&#21450;&#36024;&#27454;&#20154;&#21487;&#20998;&#21029;&#31281;&#28858;&ldquo;<B>&#19968;&#26041;</B>&rdquo;&#25110;&#32113;&#31281;&#28858;&ldquo;<B>&#38617;&#26041;</B>&rdquo;&#12290;)</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Borrower
and Lender may be referred to as &ldquo;<B>party</B>&rdquo; or collectively as &ldquo;<B>parties</B>&rdquo;)</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&#37970;&#26044;</B>&#65306;
<B>Where</B>:</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#20511;&#27454;&#20154;&#33287;&#36024;&#27454;&#20154;&#21516;&#24847;&#31805;&#35330;&#26412;&#21332;&#35696;&#65292;&#36024;&#27454;&#20154;&#20006;&#21516;&#24847;&#25353;&#26412;&#21332;&#35696;&#26781;&#27454;&#21644;&#26781;&#20214;&#21521;&#20511;&#27454;&#20154;&#25552;&#20379;&#19968;&#31558;&#36024;&#27454;&#12290;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Borrower
and Lender agree to enter into this Agreement and Lender agrees to provide the Borrower with a loan in accordance with the terms
and conditions of this Agreement.</FONT></P>

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




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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&#38617;&#26041;&#36948;&#25104;&#22914;&#19979;&#21332;&#35696;</B>&#65306;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Both
parties reached the following agreement</FONT></P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 60pt; text-indent: -60pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#31532;1&#26781;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#23450;&#32681;&#33287;&#35299;&#37323;</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Article
1 Definition and interpretation</B></FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.1</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#23450;&#32681;</U>&#65306;&#22312;&#26412;&#21332;&#35696;&#20013;&#65292;&#38500;&#25991;&#20013;&#21478;&#26377;&#35215;&#23450;&#22806;&#65292;&#19979;&#21015;&#35422;&#35486;&#30340;&#23450;&#32681;&#28858;&#65306;</FONT></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Definition</U>:
In this Agreement, unless otherwise stated in the text, the following terms are defined as:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; 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="width: 100%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 25%; font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&ldquo;&#25918;&#20661;&#20154;&#26781;&#20363;&rdquo;</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Money
        Lenders Ordinance</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#25351;&#39321;&#28207;&#27861;&#20363;&#31532;163&#31456;&#30340;&#12298;&#25918;&#20661;&#20154;&#26781;&#20363;&#12299;</FONT></P>
                                                         <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Means
                                         the Money Lenders Ordinance, Chapter 163 of Laws of Hong Kong&#65307;</FONT></P></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&ldquo;&#37504;&#34892;&#29151;&#26989;&#26085;&rdquo;</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Bank
        business day</B></FONT></P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#25351;&#39321;&#28207;&#20043;&#25345;&#29260;&#37504;&#34892;&#19968;&#33324;&#29151;&#26989;&#30340;&#26085;&#23376;(&#19981;&#21253;&#25324;&#26143;&#26399;&#20845;&#12289;&#26085;&#21450;&#20844;&#30526;&#20551;&#26399;)</FONT></P>
                                                         <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Means the day when a licensed bank in Hong Kong is generally open (excluding Saturdays,
                                         Sundays and public holidays)&#65307;</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&ldquo;&#35442;&#31558;&#36024;&#27454;&rdquo;</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>The
        Loan</B></FONT></P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#25351;&#26412;&#21332;&#35696;&#38917;&#19979;&#36024;&#27454;&#20154;&#36024;&#20986;&#20104;&#20511;&#27454;&#20154;&#20043;&#36024;&#27454;&#65292;&#20854;&#26412;&#37329;&#32317;&#38989;&#22312;&#31532;2&#26781;&#20013;&#21015;&#26126;&#65307;</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Refers
        to the loan loaned by the lender to the borrower under this agreement, the principal amount is set out in Article 2</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&ldquo;&#25918;&#27454;&#26085;&rdquo;</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Lending
        date</B></FONT></P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#20854;&#23450;&#32681;&#35211;&#31532;4&#26781;&#65307;</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">As
        defined in Article 4</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P></TD></TR>
</TABLE>

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

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

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    <!-- Field: /Page -->

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 25%; font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&ldquo;&#21033;&#24687;&rdquo;</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Interest</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#25351;&#20511;&#27454;&#20154;&#23601;&#35442;&#31558;&#36024;&#27454;&#38920;&#21521;&#36024;&#27454;&#20154;&#25903;&#20184;&#30340;&#21033;&#24687;&#65292;&#20854;&#35336;&#31639;&#26041;&#27861;&#36617;&#26044;&#31532;5&#26781;&#65307;</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Refers
        to the interest that the borrower must pay the lender for the loan. Calculation is defined in Article 5.</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&ldquo;&#36024;&#27454;&#20154;&#25351;&#23450;&#37504;&#34892;&#36076;&#25142;&rdquo;</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Lender&rsquo;s
        designated bank account</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#20854;&#23450;&#32681;&#35211;&#31532;5&#26781;&#65307;</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">As
        defined in Article 5</FONT></P></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&ldquo;&#36996;&#27454;&#38480;&#26399;&rdquo;</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Repayment
        deadline</B></FONT></P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#20854;&#23450;&#32681;&#35211;&#31532;7.1&#26781;&#65307;</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">As
        defined in Article 7.1</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&ldquo;&#36949;&#32004;&#20107;&#20214;&rdquo;</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Event
        of Default</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#25351;&#31532;8&#26781;&#21015;&#20986;&#30340;&#20219;&#20309;&#19968;&#38917;&#20107;&#20214;&#65307;</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Either
        one event as defined in Article 8</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&ldquo;&#39321;&#28207;&rdquo;</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Hong
        Kong</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#25351;&#20013;&#22283;&#39321;&#28207;&#29305;&#21029;&#34892;&#25919;&#21312;&#65307;</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Mean
        the Hong Kong Special Administrative Region of China</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B>&#20013;&#22283;</B>&rdquo;</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>China</B></FONT></P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#25351;&#20013;&#33775;&#20154;&#27665;&#20849;&#21644;&#22283;&#65288;&#23601;&#26412;&#21332;&#35696;&#32780;&#35328;&#65292;&#19981;&#21253;&#25324;&#39321;&#28207;&#12289;&#28595;&#38272;&#21450;&#33274;&#28771;&#65289;&#65307;&#21450;</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Mean
        the People&rsquo;s Republic of China (for the purposes of this Agreement, excluding Hong Kong, Macau and Taiwan); And</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&ldquo;<B>&#29986;&#27402;&#36000;&#25812;</B>&rdquo;</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Encumbrances</B></FONT></P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#25351;&#20219;&#20309;&#32034;&#36064;&#12289;&#31532;&#19977;&#32773;&#27402;&#30410;&#12289;&#25276;&#35352;&#12289;&#36074;&#25276;&#12289;&#30041;&#32622;&#27402;&#12289;&#25269;&#25276;&#12289;&#20778;&#20808;&#27402;&#12289;&#20449;&#35351;&#23433;&#25490;&#12289;&#20854;&#20182;&#29986;&#27402;&#36000;&#25812;&#65292;&#21450;&#20219;&#20309;&#29986;&#29983;&#25110;&#25480;&#20104;&#19978;&#36848;&#29986;&#27402;&#36000;&#25812;&#30340;&#21332;&#35696;&#25110;&#32681;&#21209;&#12290;</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Refers
        to any claim, third party interest, charge, pledge, lien, mortgage, priority, trust arrangement, other encumbrances, and
        any agreement or obligation to create or grant such encumbrances.</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P></TD></TR>
</TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>
<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.2</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#35299;&#37323;</U>&#65306;&#26412;&#21332;&#35696;&#20013;&#65292;&#38500;&#25991;&#20013;&#21478;&#26377;&#19981;&#21516;&#30340;&#35215;&#23450;&#22806;&#65292;&#19979;&#21015;&#35422;&#35486;&#30340;&#35299;&#37323;&#28858;&#65306;</FONT></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Interpretation:</U>
In this agreement, except for the different provisions in the text, the following words are interpreted as</FONT></P>

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


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    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0"><font>&ldquo;&#26085;&rdquo;&#12289;&ldquo;&#26376;&rdquo;&#25110;&ldquo;&#24180;&rdquo;
&#25033;&#25353;&#20844;&#26310;&#35299;&#37323;&#65307;&#21450;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&ldquo;day&rdquo;,
&ldquo;month&rdquo; or &ldquo;year&rdquo;</B> should be interpreted according to the Gregorian calendar</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&ldquo;&#20154;&#22763;&rdquo;
</B>&#21253;&#25324;&#20219;&#20309;&#22296;&#39636;&#12289;&#26377;&#38480;&#20844;&#21496;&#12289;&#20225;&#26989;&#12289;&#33258;&#28982;&#20154;&#12289;&#21512;&#20316;&#12289;&#32068;&#32340;&#12289;&#21512;&#22821;&#12289;&#20449;&#35351;&#25110;&#22283;&#23478;&#25110;&#25919;&#24220;&#27231;&#27083;(&#28961;&#35542;&#26159;&#21542;&#26377;&#29544;&#31435;&#27861;&#20154;&#36039;&#26684;)&#12290;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&ldquo;People&rdquo;
</B>includes any group, limited company, business, natural person, partnership, organization, partnership, trust, or state or
government agency (whether or not it has an independent legal personality).</FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.3</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#38468;&#21152;&#35299;&#37323;</U>&#65306;&#38500;&#26412;&#21332;&#35696;&#21478;&#26377;&#19981;&#21516;&#30340;&#35215;&#23450;&#22806;&#65292;&#21542;&#21063;&#65306;</FONT></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Additional
explanation:</U> In addition to the different provisions of this agreement, otherwise:</FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>&#27861;&#20363;&#12289;&#26781;&#20363;&#21253;&#25324;&#35442;&#31561;&#27861;&#20363;&#12289;&#26781;&#20363;&#30340;&#20462;&#35330;&#21450;&#21462;&#32224;&#27861;&#20363;&#25110;&#26781;&#20363;&#65292;&#20063;&#21253;&#25324;&#35442;&#31561;&#27861;&#20363;&#25110;&#26781;&#20363;&#30340;&#38468;&#23660;&#27861;&#20363;&#25110;&#26781;&#20363;&#65307;</I></FONT></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
laws and regulations include the amendments to these laws and regulations and the prohibition of legislation or ordinances, as
well as subsidiary legislation or regulations of such laws or Ordinances;</FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#26781;&#27454;&#21450;&#38468;&#20214;&#20998;&#21029;&#26159;&#25351;&#26412;&#21332;&#35696;&#20839;&#30340;&#26781;&#27454;&#21450;&#38468;&#20214;&#65307;&#21450;</FONT></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Terms
and Conditions refer to the terms and attachments in this Agreement respectively; And</FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#20219;&#20309;&#26178;&#38291;&#26159;&#25351;&#39321;&#28207;&#26178;&#38291;&#12290;</FONT></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Any
time means Hong Kong time</FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.4</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#27161;&#38988;</U>&#65306;&#27161;&#38988;&#20677;&#20379;&#26041;&#20415;&#21443;&#32771;&#20043;&#29992;&#65292;&#22312;&#35299;&#37323;&#26412;&#21332;&#35696;&#26178;&#25033;&#19981;&#20104;&#29702;&#26371;&#12290;</FONT></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Title:</U>
The title is for reference only and should be ignored when interpreting this agreement.</FONT></P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 60.1pt; text-indent: -60.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#31532;2&#26781;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#35442;&#31558;&#36024;&#27454;
Article 2 The Loan</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#36024;&#27454;&#20154;&#21516;&#24847;&#26681;&#25818;&#26412;&#21332;&#35696;&#26781;&#27454;&#21450;&#26781;&#20214;&#21521;&#20511;&#27454;&#20154;&#25552;&#20379;&#19968;&#31558;&#36024;&#27454;&#65292;&#20854;&#26412;&#37329;&#32317;&#38989;&#28858;&#32654;&#20803;<U>USD6,000,000</U>&#12290;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Lender
agrees to provide Borrower with a loan, in accordance with the terms and conditions of this Agreement, with the principal amount
of <U>USD6,000,000</U>.</FONT></P>

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


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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 60pt; text-indent: -60pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#31532;3&#26781;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#20808;&#27770;&#26781;&#20214; Article 3 Prerequisites</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 60pt; text-align: justify; text-indent: -60pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#36024;&#27454;&#20154;&#21521;&#20511;&#27454;&#20154;&#30332;&#25918;&#35442;&#31558;&#36024;&#27454;&#30340;&#20808;&#27770;&#26781;&#20214;&#65288;&#22914;&#26377;&#65289;&#36617;&#26044;&#38468;&#20214;&#19968;&#12290;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
prerequisites (if any) for the Lender to issue the loan to Borrower are set out in Annex I.</FONT></P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 60pt; text-indent: -60pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#31532;4&#26781;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#25918;&#27454;
Article 4 Lending date</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#22312;&#31532;3&#26781;&#25152;&#36848;&#30340;&#20808;&#27770;&#26781;&#20214;&#23436;&#20840;&#24471;&#21040;&#28415;&#36275;&#30340;&#21069;&#25552;&#19979;&#65288;&#22914;&#36969;&#29992;&#32773;&#65289;&#65292;&#36024;&#27454;&#20154;&#25033;&#26044;_<U>2018</U>__&#24180;<U>7</U>_&#26376;_<U>17</U>_&#26085;&#65288;&ldquo;<B>&#25918;&#27454;&#26085;</B>&rdquo;<B>&#65292;&#25918;&#27454;&#26085;&#20197;&#23526;&#38555;&#25918;&#27454;&#26085;&#26399;&#28858;&#28310;&#12290;</B>&#65289;
&#20197;&#37504;&#34892;&#36681;&#24115;&#25110;&#25903;&#31080;&#24418;&#24335;&#23384;&#20837;&#20511;&#27454;&#20154;&#19979;&#36848;&#25351;&#23450;&#39321;&#28207;&#37504;&#34892;&#25142;&#21475;&#30340;&#26041;&#24335;&#65292;&#21521;&#20511;&#27454;&#20154;&#20840;&#25976;&#30332;&#25918;&#35442;&#31558;&#36024;&#27454;&#65306;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Subject
to the fulfillment of the prerequisites in Article 3 (if applicable), Lender shall deposit the loan to Borrower in the form of
a bank transfer or cheque to the Borrower&rsquo;s designated bank account in Hong Kong on <U>17 July 2018</U> (the &ldquo;<B>Lending
date&rdquo;</B>, the lending date shall be based on the actual date of the loan released.):</FONT></P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 2in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#37504;&#34892;&#21517;&#31281;&#65306;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[&nbsp;&nbsp;]</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#37504;&#34892;&#22320;&#22336;&#65306;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[&nbsp;&nbsp;]</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#36076;&#25142;&#21517;&#31281;&#65306;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">[&nbsp;&nbsp;]</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#36076;&#25142;&#34399;&#30908;&#65306;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">[&nbsp;&nbsp;]</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Beneficiary
Bank Name: [&nbsp;&nbsp;]</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Beneficiary
Bank Address: [&nbsp;&nbsp;]</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Beneficiary
Account Name: [&nbsp;&nbsp;]</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Beneficiary
Account Number: [&nbsp;&nbsp;]</FONT></P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 60pt; text-indent: -60pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#31532;5&#26781;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#21033;&#24687;
Article 5 Interest</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 60pt; text-align: justify; text-indent: -60pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#20511;&#27454;&#20154;&#38920;&#23601;&#23578;&#26410;&#28165;&#36996;&#30340;&#35442;&#31558;&#36024;&#27454;&#21521;&#36024;&#27454;&#20154;&#25903;&#20184;&#21033;&#24687;&#65292;&#33258;&#25918;&#27454;&#26085;&#36215;&#25353;&#24180;&#21033;&#29575;<U>2%</U>&#35336;&#31639;&#65292;&#30452;&#33267;&#36996;&#28165;&#35442;&#31558;&#36024;&#27454;&#20043;&#26085;&#28858;&#27490;&#12290;Borrower
shall pay interest to Lender on the loan that has not been repaid, and shall be calculated at the rate of <U>2%</U> per annum
from the lending date until the date of the loan is paid off.</FONT></P>

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


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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#21033;&#24687;&#33258;&#25918;&#27454;&#26085;&#36215;&#35336;&#25353;&#23395;&#32080;&#31639;&#19968;&#27425;&#65292;&#20006;&#25033;&#22312;&#35442;&#23395;&#30340;&#26368;&#24460;&#19968;&#22825;(&#33509;&#25903;&#20184;&#26085;&#28858;&#38750;&#37504;&#34892;&#29151;&#26989;&#26085;&#65292;&#25033;&#38918;&#24310;&#33267;&#27425;&#19968;&#20491;&#37504;&#34892;&#29151;&#26989;&#26085;)&#25903;&#20184;,
&#20197;&#37504;&#34892;&#36681;&#24115;&#25110;&#25903;&#31080;&#24418;&#24335;&#23384;&#20837;&#36024;&#27454;&#20154;&#19979;&#36848;&#25351;&#23450;&#20043;&#39321;&#28207;&#37504;&#34892;&#25142;&#21475;&#65288;&ldquo;<B>&#36024;&#27454;&#20154;&#25351;&#23450;&#37504;&#34892;&#36076;&#25142;</B>&rdquo;&#65289;(&#25110;&#25353;&#36024;&#27454;&#20154;&#25351;&#23450;&#30340;&#20854;&#23427;&#21512;&#29702;&#26041;&#24335;&#25903;&#20184;)&#65306;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Interest
is settled in quarterly basis from the lending date and should be paid on the last day of the respective quarter (if the payment
date is not a bank business day, it should be postponed to the next bank business day). Interest should be deposited in a form
of bank transfer or cheque to the Lender&rsquo;s designated bank account (<B>&ldquo;Lender&rsquo;s Designated Bank Account&rdquo;</B>)
(or paid by other reasonable method as specified by Lender):</FONT></P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 2in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#37504;&#34892;&#21517;&#31281;&#65306;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[&nbsp;&nbsp;]</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#36076;&#25142;&#21517;&#31281;&#65306;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">[&nbsp;&nbsp;]</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#36076;&#25142;&#34399;&#30908;&#65306;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">[&nbsp;&nbsp;]</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34.5pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Beneficiary
Bank Name: [&nbsp;&nbsp;]</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34.5pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Beneficiary
Account Name: [&nbsp;&nbsp;]</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34.5pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Beneficiary
Account Number: [&nbsp;&nbsp;]</FONT></P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 60.1pt; text-indent: -60.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#31532;6&#26781;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#25269;&#25276;&#21697;
Article 6 Collateral</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#25269;&#25276;&#21697;&#28858;&#28145;&#22323;&#34701;&#37329;&#22025;&#25104;&#25237;&#36164;&#26377;&#38480;&#20844;&#21496;
&#33287; Take Success Investments Limited &#30340;&#20511;&#36024;&#21332;&#35696;&#20013;&#65292;Take Success Investments Limited&#30340;&#25152;&#26377;&#36039;&#37329;&#21644;&#36039;&#29986;&#12290;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
collateral are the capitals and assets of Take Success Investments Limited, as stated in the loan agreement between Shenzhen Rong
Jin Jia Cheng Investment Limited and Take Success Investments Limited.</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 60.1pt; text-indent: -60.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 60.1pt; text-indent: -60.1pt"></P>

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    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 60.1pt; text-indent: -60.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 60.1pt; text-indent: -60.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#31532;7&#26781;
&#36996;&#27454; Article 7 Repayment</U></FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.1</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#20511;&#27454;&#20154;&#38920;&#22312;&#25918;&#27454;&#26085;&#36215;&#35336;&#28415;<U>&#20841;</U>&#24180;
                                         (&#33509;&#36996;&#27454;&#26085;&#28858;&#38750;&#37504;&#34892;&#29151;&#26989;&#26085;&#65292;&#25033;&#38918;&#24310;&#33267;&#27425;&#19968;&#20491;&#37504;&#34892;&#29151;&#26989;&#26085;)&#65288;&ldquo;<B>&#36996;&#27454;&#38480;&#26399;</B>&rdquo;&#65289;&#65292;Borrower
                                         should repay the loan by two years from the lending date (if the repayment date is not
                                         a bank business day, it should be postponed to the next bank business day) (&ldquo;<B>Repayment
                                         deadline</B>&rdquo;),</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#20197;&#37504;&#34892;&#36681;&#24115;&#25110;&#25903;&#31080;&#24418;&#24335;&#23384;&#20837;&#36024;&#27454;&#20154;&#25351;&#23450;&#37504;&#34892;&#36076;&#25142;&#65288;&#35211;&#19978;&#25991;&#31532;5&#26781;&#65289;(&#25110;&#36024;&#27454;&#20154;&#25351;&#23450;&#30340;&#20854;&#23427;&#21512;&#29702;&#26041;&#24335;)&#65292;&#21521;&#36024;&#27454;&#20154;&#20840;&#25976;&#20767;&#36996;&#35442;&#31558;&#36024;&#27454;&#65292;&#21644;&#20184;&#28165;&#25152;&#26377;&#30456;&#38364;&#21033;&#24687;&#12290;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Borrower
should repay the loan in full to Lender and should pay all accrued interest in a form of bank transfer or cheque to the Lender&rsquo;s
designated bank account (see Article 5 above) (or paid by other reasonable method as specified by Lender).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.2</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#20760;&#31649;&#19978;&#25991;&#31532;7.1&#26781;&#26377;&#25152;&#35215;&#23450;&#65292;&#20511;&#27454;&#20154;&#21487;&#22312;&#36996;&#27454;&#38480;&#26399;&#21069;&#30340;&#20219;&#20309;&#26178;&#38291;&#65292;&#22312;&#32102;&#20104;&#36024;&#27454;&#20154;&#38928;&#20808;&#36890;&#30693;&#30340;&#24773;&#27841;&#19979;&#65292;&#25552;&#26089;&#21521;&#36024;&#27454;&#20154;&#20767;&#36996;&#35442;&#31558;&#36024;&#27454;&#30340;&#20840;&#37096;&#25110;&#20854;&#20219;&#20309;&#37096;&#20998;&#65292;&#20006;&#25903;&#20184;&#30456;&#38364;&#21033;&#24687;&#12290;</FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notwithstanding
Article 7.1 above, Borrower may repay all or any part of the Loan to Lender at any time prior to the Repayment deadline, with
the advance notice given to Lender, and pay the accrued interest.</FONT></P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 60pt; text-indent: -60pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#31532;8&#26781;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#32882;&#26126;&#33287;&#20445;&#35657;
Article 8 Representation and Warranty</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#28858;&#20445;&#38556;&#36024;&#27454;&#20154;&#30340;&#21033;&#30410;&#65292;&#20511;&#27454;&#20154;&#22312;&#27492;&#21521;&#36024;&#27454;&#20154;&#32882;&#26126;&#20006;&#20445;&#35657;&#65306;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
order to protect the interests of Lender, Borrower hereby declares and guarantees to Lender:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 48pt; text-align: justify; text-indent: -48pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.1</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#22320;&#20301;</U>&#65306;&#20511;&#27454;&#20154;&#21487;&#20197;&#20197;&#33258;&#24049;&#30340;&#21517;&#32681;&#36215;&#35380;&#21450;&#34987;&#36215;&#35380;&#65292;&#20006;&#26377;&#27402;&#25793;&#26377;&#33258;&#24049;&#30340;&#36039;&#29986;&#65307;</FONT></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Status:</U>
Borrower can sue and be sued in his own name and has the right to own his own assets;</FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.2</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#27402;&#21147;</U>&#65306;&#20511;&#27454;&#20154;&#26377;&#27402;&#31805;&#35330;&#26412;&#21332;&#35696;&#20006;&#23653;&#34892;&#20854;&#38917;&#19979;&#30340;&#36012;&#20219;&#21644;&#32681;&#21209;&#65307;</FONT></TD></TR></TABLE>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Right:</U>
Borrower has the right to enter into this Agreement and to perform its duties and obligations</FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.3</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#21516;&#24847;</U>&#65306;&#20511;&#27454;&#20154;&#24050;&#29554;&#24471;&#28858;&#23653;&#34892;&#20854;&#22312;&#26412;&#21332;&#35696;&#38917;&#19979;&#30340;&#32681;&#21209;&#21644;&#36012;&#20219;&#32780;&#38656;&#24471;&#21040;&#30340;&#19968;&#20999;&#21516;&#24847;&#12289;&#25209;&#20934;&#21450;&#35377;&#21487;&#65307;</FONT></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Consent:</U>
Borrower has obtained all consents, approvals and permits required to perform its obligations and responsibilities under
this Agreement;</FONT></P>

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


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    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

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

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.4</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#32004;&#26463;&#21147;</U>&#65306;&#20511;&#27454;&#20154;&#26044;&#26412;&#21332;&#35696;&#38917;&#19979;&#25215;&#25812;&#30340;&#36012;&#20219;&#26681;&#25818;&#39321;&#28207;&#21450;/&#25110;&#26377;&#38364;&#36969;&#29992;&#27861;&#24459;&#26159;&#26377;&#25928;&#12289;&#26377;&#32004;&#26463;&#21147;&#21644;&#21487;&#24375;&#21046;&#22519;&#34892;&#30340;&#65307;</FONT></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Binding:</U>
The liability of Borrower under this Agreement is valid, binding and enforceable under Hong Kong and/or applicable
laws;</FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.5</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#20854;&#23427;&#36949;&#32004;</U>&#65306;&#27794;&#26377;&#30332;&#29983;&#20511;&#27454;&#20154;&#31805;&#35330;&#25110;&#23565;&#20854;&#36039;&#29986;&#26377;&#32004;&#26463;&#21147;&#30340;&#20219;&#20309;&#21332;&#35696;&#38917;&#19979;&#23565;&#20511;&#27454;&#20154;&#26377;&#23526;&#36074;&#24615;&#19981;&#21033;&#24433;&#38911;&#30340;&#36949;&#32004;&#20107;&#20214;&#65307;</FONT></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Default:</U>
there is no default event that has a material adverse effect on Borrower under any agreement signed by Borrower or binding on
its assets;</FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.6</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#30772;&#29986;</U>&#65306;&#20511;&#27454;&#20154;&#20006;&#28961;&#25505;&#21462;&#20219;&#20309;&#34892;&#21205;&#65292;&#19988;&#28961;&#20219;&#20309;&#20854;&#20182;&#20154;&#22763;&#25505;&#21462;&#20219;&#20309;&#34892;&#21205;&#25110;&#20854;&#20182;&#25514;&#26045;&#65292;&#25110;&#23637;&#38283;&#25110;&#23041;&#33029;&#23637;&#38283;&#37341;&#23565;&#20511;&#27454;&#20154;&#30340;&#27861;&#24459;&#31243;&#24207;&#65292;&#30003;&#35531;&#20511;&#27454;&#20154;&#30772;&#29986;&#65292;&#25110;&#23601;&#20511;&#27454;&#20154;&#25110;&#20854;&#36039;&#29986;&#30003;&#35531;&#22996;&#20219;&#20449;&#35351;&#20154;&#12289;&#36001;&#29986;&#25509;&#31649;&#20154;&#25110;&#39006;&#20284;&#20154;&#21729;&#65307;</FONT></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Bankruptcy:</U>
Borrower has not taken any action and no other person has taken any action or other measures, or initiated or threatened
to commence legal proceedings against Borrower, applied for the bankruptcy of the borrower, or applied for the appointment of
a trustee, property receiver or similar person; in respect of Borrower or its assets.</FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.7</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#35380;&#35359;</U>&#65306;&#20511;&#27454;&#20154;&#19981;&#23384;&#22312;&#20219;&#20309;&#27491;&#22312;&#36914;&#34892;&#12289;&#24453;&#27770;&#25110;&#28507;&#22312;&#35380;&#35359;&#12289;&#20210;&#35009;&#25110;&#34892;&#25919;&#35380;&#35359;&#30340;&#31243;&#24207;&#65292;&#20063;&#27794;&#26377;&#21463;&#21040;&#27492;&#39006;&#31243;&#24207;&#30340;&#23041;&#33029;&#65307;</FONT></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Litigation:</U>
Borrower does not have any procedures for ongoing, pending or potential litigation, arbitration or administrative
proceedings, nor is it threatened by such procedures;</FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.8</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#36039;&#26009;&#25259;&#38706;</U>&#65306;
                                         &#25152;&#26377;&#30001;&#20511;&#27454;&#20154;&#21521;&#36024;&#27454;&#20154;&#25552;&#20379;&#33287;&#26412;&#21332;&#35696;&#26377;&#38364;&#30340;&#36039;&#26009;&#65288;&#21253;&#25324;&#20294;&#19981;&#38480;&#26044;&#20511;&#27454;&#20154;&#22312;&#36024;&#27454;&#20154;&#25209;&#26680;&#35442;&#31558;&#36024;&#27454;&#30340;&#36942;&#31243;&#20013;&#25552;&#20379;&#30340;&#36039;&#26009;&#65288;&#22914;&#20511;&#27454;&#20154;&#30340;&#36523;&#20221;&#35657;&#26126;&#36039;&#26009;&#65292;&#20197;&#21450;&#36001;&#21209;&#12289;&#20449;&#36024;&#21644;&#36039;&#29986;&#31561;&#26041;&#38754;&#30340;&#29376;&#27841;&#65289;&#65289;&#22312;&#25152;&#26377;&#37325;&#35201;&#26041;&#38754;&#22343;&#23660;&#30495;&#23526;&#12289;&#23436;&#25972;&#21450;&#28310;&#30906;&#65292;&#20511;&#27454;&#20154;&#19981;&#30693;&#24713;&#20219;&#20309;&#26410;&#21521;&#36024;&#27454;&#20154;&#25259;&#38706;&#30340;&#65292;&#32780;&#33509;&#25259;&#38706;&#65292;&#26371;&#23565;&#36024;&#27454;&#20154;&#26159;&#21542;&#25509;&#21463;&#26412;&#21332;&#35696;&#30340;&#27770;&#23450;&#27083;&#25104;&#19981;&#21033;&#24433;&#38911;&#20043;&#37325;&#35201;&#30340;&#20107;&#23526;&#25110;&#24773;&#27841;&#65307;</FONT></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Disclosure
of Information:</U> All information provided by Borrower to Lender in connection with this Agreement (including but not limited
to information provided by Borrower in the process of the Lender&rsquo;s approval of the loan (such as Borrower&rsquo;s identification
information, and status of financial position, credit position and assets)) is true, complete and accurate in all material respects,
and Borrower is not aware of any non disclosure to Lender, if disclosed, will adversely affect Lender&rsquo;s decision to accept
this agreement.</FONT></P>

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


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    <!-- Field: /Page -->

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.9</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#36949;&#32004;&#20107;&#20214;</U>&#65306;&#20511;&#27454;&#20154;&#27794;&#26377;&#30332;&#29983;&#20219;&#20309;&#36949;&#32004;&#20107;&#20214;&#25110;&#28507;&#22312;&#36949;&#32004;&#20107;&#20214;&#65292;&#19988;&#19981;&#26371;&#22240;&#26412;&#21332;&#35696;&#19979;&#20043;&#25918;&#27454;&#25110;&#36996;&#27454;&#34892;&#28858;&#32780;&#23566;&#33268;&#30332;&#29983;&#36949;&#32004;&#20107;&#20214;&#25110;&#28507;&#22312;&#36949;&#32004;&#20107;&#20214;&#65307;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -1.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -1.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Event
of default:</U> Borrower has not experienced any event of default or potential event of default, and will not cause an event of
default or potential event of default due to the loan or repayment under this agreement;</FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.10</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#19981;&#25269;&#35320;&#27861;&#24459;&#31561;</U>&#65306;
                                         &#20511;&#27454;&#20154;&#31805;&#35330;&#26412;&#21332;&#35696;&#21450;&#23653;&#34892;&#20854;&#26044;&#26412;&#21332;&#35696;&#38917;&#19979;&#30340;&#32681;&#21209;&#21644;&#36012;&#20219;&#19981;&#26371;&#30772;&#22750;&#25110;&#36229;&#36234;&#19979;&#21015;&#25991;&#20214;&#25110;&#20107;&#38917;&#35215;&#23450;&#30340;&#20511;&#27454;&#25110;&#20854;&#23427;&#27402;&#38480;&#65306;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34.5pt; text-align: justify; text-indent: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34.5pt; text-align: justify; text-indent: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Non-Contravention</U>:
By signing this Agreement and fulfilling its obligations and obligations under this Agreement, Borrower will not destroy or exceed
the borrowing or other rights set forth in the following documents or matters:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 48pt; text-align: justify; text-indent: -48pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 5%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#23565;&#20511;&#27454;&#20154;&#25110;&#20854;&#36039;&#29986;&#26377;&#32004;&#26463;&#21147;&#30340;&#20219;&#20309;&#21332;&#35696;&#25110;&#25991;&#20214;&#65307;&#25110;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#36969;&#29992;&#26044;&#20511;&#27454;&#20154;&#30340;&#27861;&#24459;&#12289;&#27861;&#35215;&#12289;&#21629;&#20196;&#25110;&#25351;&#20196;&#12290;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 74.75pt; text-align: justify; text-indent: -74.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-left: 10pt; text-indent: -10pt; width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT></TD>
    <TD STYLE="text-align: justify; padding-left: 10pt; text-indent: -10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">any agreement or document binding on Borrower or its
assets; or</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-left: 10pt; text-indent: -10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</FONT></TD>
    <TD STYLE="text-align: justify; padding-left: 10pt; text-indent: -10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">laws, regulations, orders or orders that apply to Borrower.</FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify; text-indent: -21.25pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.11</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#37325;&#35079;</U>&#65306;&#19978;&#36848;&#25152;&#20316;&#30340;&#27599;&#19968;&#38917;&#32882;&#26126;&#33287;&#20445;&#35657;&#65292;&#22312;&#35442;&#31558;&#36024;&#27454;&#20840;&#37096;&#36996;&#28165;&#21450;&#21033;&#24687;&#20840;&#37096;&#20184;&#28165;&#21069;&#23559;&#32173;&#25345;&#28310;&#30906;&#12289;&#30495;&#23526;&#12289;&#20840;&#38754;&#21644;&#19981;&#21487;&#25764;&#37559;&#30340;&#12290;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34.5pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 34.5pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Repeat:
</U>Each representation and warranty made above will remain accurate, true, comprehensive and irrevocable until the loan is fully
repaid and interest is paid in full.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#26412;&#21332;&#35696;&#38617;&#26041;&#30906;&#35469;&#36024;&#27454;&#20154;&#26159;&#22522;&#26044;&#20511;&#27454;&#20154;&#22312;&#26412;&#31532;8&#26781;&#19979;&#25152;&#20316;&#20986;&#30340;&#32882;&#26126;&#21450;&#20445;&#35657;&#31805;&#32626;&#26412;&#21332;&#35696;&#30340;&#12290;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Both
parties to this agreement confirm that Lender is based on the representation and warranty made by Borrower under this Article
8 before signing of this agreement.</FONT></P>

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


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    <!-- Field: /Page -->

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 60.1pt; text-indent: -60.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#31532;9&#26781;&#9;&#25215;&#35582;
Article 9 Commitment</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#20511;&#27454;&#20154;&#22312;&#27492;&#19981;&#21487;&#25764;&#37559;&#22320;&#21521;&#36024;&#27454;&#20154;&#25215;&#35582;&#65292;&#22312;&#35442;&#31558;&#36024;&#27454;&#20840;&#25976;&#20767;&#36996;&#21450;&#21033;&#24687;&#20840;&#37096;&#20184;&#28165;&#21069;&#65306;
Borrower here irrevocably promises to the Lender that before the loan is fully repaid and interest is paid in full:</FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.1</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#23653;&#34892;&#32681;&#21209;</U>&#65306;&#20511;&#27454;&#20154;&#38920;&#23653;&#34892;&#20854;&#22312;&#26412;&#21332;&#35696;&#38917;&#19979;&#30340;&#32681;&#21209;&#65307;</FONT></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Obligations</U>:
The Borrower is required to perform its obligations under this Agreement;</FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.2</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#37325;&#35201;&#36039;&#29986;</U>&#65306;&#38500;&#38750;&#21462;&#24471;&#36024;&#27454;&#20154;&#30340;&#20107;&#20808;&#26360;&#38754;&#21516;&#24847;&#65292;&#21542;&#21063;&#20511;&#27454;&#20154;&#19981;&#24471;&#36681;&#35731;&#20854;&#37325;&#35201;&#36039;&#29986;&#25110;&#22312;&#20854;&#37325;&#35201;&#36039;&#29986;&#19978;&#35373;&#32622;&#20219;&#20309;&#29986;&#27402;&#36000;&#25812;&#65307;</FONT></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Significant
assets</U>: Unless Lender&rsquo;s prior written consent is obtained, Borrower should not transfer its significant assets or set
any encumbrances on its significant assets;</FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.3</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#20449;&#24687;</U>&#65306;&#26377;&#20219;&#20309;&#36949;&#32004;&#20107;&#20214;&#25110;&#28507;&#22312;&#36949;&#32004;&#20107;&#20214;&#30340;&#30332;&#29983;&#65292;&#20511;&#27454;&#20154;&#25033;&#31435;&#21363;&#36890;&#30693;&#36024;&#27454;&#20154;&#65307;</FONT></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Information</U>:
Borrower should immediately notify Lender of any event of default or potential event of default;</FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.4</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#36024;&#27454;&#31561;</U>&#65306;&#38500;&#38750;&#21462;&#24471;&#36024;&#27454;&#20154;&#30340;&#20107;&#20808;&#26360;&#38754;&#21516;&#24847;&#65292;&#21542;&#21063;&#20511;&#27454;&#20154;&#19981;&#24471;&#21521;&#20219;&#20309;&#20154;&#22763;&#25552;&#20379;&#20219;&#20309;&#36024;&#27454;&#12289;&#36050;&#24115;&#12289;&#20445;&#35657;&#25110;&#33258;&#39000;&#36000;&#19978;&#33287;&#20219;&#20309;&#20854;&#23427;&#20154;&#22763;&#32681;&#21209;&#26377;&#38364;&#20043;&#36012;&#20219;&#65307;</FONT></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Other
Loan</U>: Unless Lender&rsquo;s prior written consent is obtained, Borrower shall not provide any person with any loan, credit,
guarantee or voluntarily responsible for any other person&rsquo;s obligations;</FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.5</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#32321;&#33499;&#30340;&#21332;&#35696;</U>&#65306;&#38500;&#38750;&#21462;&#24471;&#36024;&#27454;&#20154;&#30340;&#20107;&#20808;&#26360;&#38754;&#21516;&#24847;&#65292;&#21542;&#21063;&#20511;&#27454;&#20154;&#19981;&#24471;&#33287;&#20219;&#20309;&#31532;&#19977;&#26041;&#36948;&#25104;&#25110;&#25215;&#25812;&#20219;&#20309;&#23565;&#20511;&#27454;&#20154;&#26377;&#23526;&#36074;&#24615;&#19981;&#21033;&#24433;&#38911;&#30340;&#21332;&#35696;&#25110;&#32681;&#21209;&#65307;&#21450;
                                         <U>A cumbersome agreement</U>: Unless Lender&rsquo;s prior written consent is obtained,
                                         Borrower should not enter into or assume any agreement or obligation with any third party
                                         that has a material adverse effect on Borrower; and</FONT></TD></TR></TABLE>

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


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    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.6</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#36914;&#19968;&#27493;&#33289;&#20661;</U>&#65306;&#38500;&#38750;&#21462;&#24471;&#36024;&#27454;&#20154;&#30340;&#20107;&#20808;&#26360;&#38754;&#21516;&#24847;&#65292;&#21542;&#21063;&#20511;&#27454;&#20154;&#19981;&#24471;&#20877;&#35373;&#23450;&#20219;&#20309;&#36000;&#20661;&#12290;<U>Further
                                         borrowing</U>: Unless Lender&rsquo;s prior written consent is obtained, Borrower should
                                         not set any further liability </FONT></TD></TR></TABLE>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 60pt; text-indent: -60pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#31532;10&#26781;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#36949;&#32004;&#20107;&#20214;
Article 10 Event of default</U></FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.1</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#36949;&#32004;&#20107;&#20214;</U>&#65306;
                                         &#20197;&#19979;&#27599;&#19968;&#20107;&#20214;&#22343;&#27083;&#25104;&#36949;&#32004;&#20107;&#20214;&#65306;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -1.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -1.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Event
of default</U>: Each of the following events constitutes an event of default:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 74.75pt; text-align: justify; text-indent: -40.25pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#32882;&#26126;&#25110;&#25215;&#35582;&#19981;&#30495;&#23526;</U>&#65306;&#20511;&#27454;&#20154;&#36949;&#21453;&#20854;&#22312;&#26412;&#21332;&#35696;&#20013;&#25152;&#20316;&#30340;&#20219;&#20309;&#32882;&#26126;&#12289;&#20445;&#35657;&#12289;&#38515;&#36848;&#25110;&#25215;&#35582;&#65307;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 75pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 75pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>The
representation or warranty is untrue</U>: Borrower violates any representations, warranties, representations or promises made
in this Agreement;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 74.75pt; text-align: justify; text-indent: -40.25pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#36949;&#21453;&#32681;&#21209;</U>&#65306;&#20511;&#27454;&#20154;&#27794;&#26377;&#23653;&#34892;&#25110;&#36981;&#23432;&#20854;&#22312;&#26412;&#21332;&#35696;&#38917;&#19979;&#30340;&#20219;&#20309;&#32681;&#21209;&#25110;&#36012;&#20219;&#65307;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 75pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 75pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Violation
of obligations</U>: Borrower has not fulfilled or complied with any of its obligations or responsibilities under this Agreement;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 74.75pt; text-align: justify; text-indent: -40.25pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#20132;&#21449;&#36949;&#32004;</U>&#65306;&#20511;&#27454;&#20154;&#23565;&#20219;&#20309;&#20154;&#22763;&#30340;&#36000;&#20661;&#22312;&#21040;&#26399;&#20767;&#36996;&#26178;&#27794;&#26377;&#20767;&#36996;&#65292;&#25110;&#35442;&#31561;&#36000;&#20661;&#22312;&#26410;&#21040;&#26399;&#20767;&#36996;&#21069;&#24050;&#34987;&#23459;&#20296;&#28858;&#21040;&#26399;&#20006;&#38920;&#35201;&#20767;&#36996;&#65292;&#25110;&#28858;&#35442;&#31561;&#36000;&#20661;&#25552;&#20379;&#30340;&#36039;&#29986;&#25812;&#20445;&#24050;&#21487;&#34987;&#22519;&#34892;&#65307;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 75pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 75pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Cross-default</U>:
Borrower&rsquo;s liability for any person&rsquo;s liabilities is not repaid at the time of repayment, or the liabilities have
been declared to be due and repayable before they are repaid, or the asset guarantees provided for those liabilities are carried
out;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 74.75pt; text-align: justify; text-indent: -40.25pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#35380;&#35359;</U>&#65306;&#20511;&#27454;&#20154;&#21463;&#21040;&#35380;&#35359;&#12289;&#34892;&#25919;&#35380;&#35359;&#25110;&#20210;&#35009;&#31243;&#24207;&#30340;&#24433;&#38911;&#25110;&#21463;&#21040;&#27492;&#39006;&#31243;&#24207;&#30340;&#23041;&#33029;&#65292;&#32780;&#36024;&#27454;&#20154;&#35469;&#28858;&#35442;&#31561;&#31243;&#24207;&#26371;&#23565;&#20511;&#27454;&#20154;&#29986;&#29983;&#23526;&#36074;&#24615;&#19981;&#21033;&#24433;&#38911;&#65307;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 75pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 75pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Litigation</U>:
Borrower is affected by or threatened by litigation, administrative litigation or arbitral proceedings, and Lender believes that
such proceedings would have a material adverse effect on the borrower;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 75pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 75pt; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 74.75pt; text-align: justify; text-indent: -40.25pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e)</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#28961;&#21147;&#20767;&#36996;</U>&#65306;&#20511;&#27454;&#20154;&#28961;&#21147;&#20767;&#36996;&#20854;&#21040;&#26399;&#36000;&#20661;&#65307;&#20572;&#27490;&#25110;&#28310;&#20633;&#20572;&#27490;&#20767;&#36996;&#36000;&#20661;&#65307;&#33287;&#20854;&#19968;&#20301;&#25110;&#22810;&#20301;&#20661;&#27402;&#20154;&#38283;&#22987;&#36914;&#34892;&#35527;&#21028;&#65292;&#26088;&#22312;&#23565;&#20854;&#36000;&#20661;&#36914;&#34892;&#37325;&#25972;&#12289;&#37325;&#26032;&#23433;&#25490;&#25110;&#28858;&#20661;&#27402;&#20154;&#21033;&#30410;&#36914;&#34892;&#19968;&#33324;&#24615;&#30340;&#36681;&#35731;&#25110;&#33287;&#20661;&#27402;&#20154;&#20316;&#20986;&#20219;&#20309;&#23433;&#25490;&#12290;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 75pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 75pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Insolvency</U>:
Borrower is unable to repay its debts due; stop repaying or prepare to stop repaying the debt; initiate negotiations with one
or more creditors to restructure, reschedule or generalize the interests of the creditor, or make any arrangements with creditors.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 74.75pt; text-align: justify; text-indent: -40.25pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 34.5pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 40.5pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(f)</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#22519;&#34892;&#31243;&#24207;</U>&#65306;&#20511;&#27454;&#20154;&#30340;&#20840;&#37096;&#25110;&#37096;&#20221;&#36039;&#29986;&#21463;&#21040;&#25187;&#25276;&#12289;&#24375;&#21046;&#22519;&#34892;&#25110;&#34987;&#20219;&#20309;&#20661;&#27402;&#20154;&#20308;&#26377;&#65307;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 75pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 75pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Execution
procedure</U>: All or part of the assets of Borrower are seized, enforced or occupied by any creditor;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 74.75pt; text-align: justify; text-indent: -40.25pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 34.5pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 40.5pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(g)</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#30772;&#29986;</U>&#65306;&#26377;&#30003;&#35531;&#25552;&#20986;&#12289;&#26377;&#31243;&#24207;&#38283;&#22987;&#12289;&#26377;&#21629;&#20196;&#38930;&#20296;&#25110;&#26377;&#20219;&#20309;&#20154;&#22763;&#25505;&#21462;&#34892;&#21205;&#65292;&#37341;&#23565;&#20511;&#27454;&#20154;&#20316;&#20986;&#30772;&#29986;&#21576;&#35531;&#65292;&#25110;&#23601;&#20511;&#27454;&#20154;&#25110;&#20854;&#36039;&#29986;&#30003;&#35531;&#22996;&#20219;&#20449;&#35351;&#20154;&#12289;&#36001;&#29986;&#25509;&#31649;&#20154;&#25110;&#39006;&#20284;&#20154;&#21729;&#65307;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 75pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 75pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Bankruptcy</U>:
an application is filed, a procedure is initiated, an order is issued, or any person takes action to make a bankruptcy petition
against Borrower, or to apply for a trustee, property receiver or similar person in respect of Borrower or its assets</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 74.75pt; text-align: justify; text-indent: -40.25pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 34.5pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 40.5pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(h)</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#19981;&#21487;&#22519;&#34892;</U>&#65306;&#28961;&#35542;&#20219;&#20309;&#21407;&#22240;&#65292;&#26412;&#21332;&#35696;&#25110;&#20854;&#20219;&#20309;&#26781;&#27454;&#22833;&#25928;&#12289;&#22833;&#21435;&#32004;&#26463;&#21147;&#25110;&#35722;&#25104;&#19981;&#33021;&#22519;&#34892;&#65307;&#20511;&#27454;&#20154;&#22312;&#26412;&#21332;&#35696;&#38917;&#19979;&#30340;&#32681;&#21209;&#65292;&#25104;&#28858;&#19981;&#21487;&#33021;&#25110;&#19981;&#21512;&#27861;&#65307;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 75pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 75pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Unenforceable</U>:
For any reason, this Agreement or any of its terms is invalid, non-binding or becomes unenforceable; Borrower&rsquo;s obligations
under this Agreement become impossible or illegal;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 74.75pt; text-align: justify; text-indent: -40.25pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 34.5pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 40.5pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#37325;&#22823;&#30340;&#19981;&#21033;&#36681;&#35722;</U>&#65306;
                                         &#20219;&#20309;&#20107;&#20214;&#25110;&#29376;&#27841;&#30340;&#30332;&#29983;&#65292;&#32780;&#36024;&#27454;&#20154;&#26377;&#21512;&#29702;&#30340;&#29702;&#30001;&#30456;&#20449;&#26371;&#23565;&#20511;&#27454;&#20154;&#26377;&#23526;&#36074;&#24615;&#19981;&#21033;&#30340;&#24433;&#38911;&#65307;&#25110;</FONT></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 75pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Significant
adverse change: Any event or condition occurs and Lender has reasonable grounds to believe that it will have a material adverse
effect on Borrower; or</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 75pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 75pt; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 74.75pt; text-align: justify; text-indent: -40.25pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 34.5pt; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 40.5pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(j)</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#21516;&#24847;&#21462;&#28040;&#31561;</U>&#65306;&#20219;&#20309;&#28858;&#23653;&#34892;&#20511;&#27454;&#20154;&#22312;&#26412;&#21332;&#35696;&#20839;&#30340;&#32681;&#21209;&#24050;&#24471;&#21040;&#30340;&#21516;&#24847;&#12289;&#25209;&#20934;&#25110;&#35377;&#21487;&#34987;&#21462;&#28040;&#25110;&#20572;&#27490;&#26377;&#25928;&#12290;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 75pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 75pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Agree
to cancel, etc.</U>: Any consent, approval or permission that has been obtained to fulfill the obligations of Borrower in this
Agreement is cancelled or ceased to be effective.</FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.2</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#21152;&#36895;&#21040;&#26399;</U>&#65306;Acceleration</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 48pt; text-align: justify; text-indent: -48pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#28961;&#35542;&#20309;&#26178;&#65292;&#22312;&#30332;&#29983;&#20219;&#20309;&#36949;&#32004;&#20107;&#20214;&#65292;&#19981;&#31649;&#36889;&#20123;&#36949;&#32004;&#20107;&#20214;&#25345;&#32396;&#33287;&#21542;&#65292;&#36024;&#27454;&#20154;&#21487;&#20197;&#36890;&#30693;&#20511;&#27454;&#20154;&#19979;&#21015;&#20107;&#38917;&#65306;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">At
any time, in the event of any default, regardless of whether the default continues or not, Lender can notify Borrower of the following:</FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 5%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#23459;&#20296;&#31435;&#21363;&#21462;&#28040;&#35442;&#31558;&#36024;&#27454;&#65307;&#21450;/&#25110;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#23459;&#20296;&#35442;&#31558;&#36024;&#27454;&#65288;&#36899;&#21516;&#21033;&#24687;&#65289;&#31435;&#21363;&#21040;&#26399;&#20767;&#36996;&#21450;&#25903;&#20184;&#12290;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-left: 10pt; text-indent: -10pt; width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT></TD>
    <TD STYLE="text-align: justify; padding-left: 10pt; text-indent: -10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">announce the immediate cancellation of the loan; and/or</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-left: 10pt; text-indent: -10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</FONT></TD>
    <TD STYLE="text-align: justify; padding-left: 10pt; text-indent: -10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">announce that the loan (together with interest) has
to be repaid immediately.</FONT></TD></TR>
</TABLE>


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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 60.1pt; text-indent: -60.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#31532;11&#26781;&nbsp;&nbsp;&nbsp;&nbsp;&#36681;&#35731;
Article 11 Transfer</U></FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">11.1</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#27402;&#21033;&#12289;&#32681;&#21209;</U>&#65306;&#26412;&#21332;&#35696;&#23565;&#20511;&#27454;&#20154;&#12289;&#36024;&#27454;&#20154;&#21450;&#20854;&#21508;&#33258;&#30340;&#36986;&#29986;&#20195;&#29702;&#20154;&#12289;&#25215;&#32380;&#20154;&#25110;&#32147;&#35377;&#21487;&#30340;&#21463;&#35731;&#20154;&#22343;&#26377;&#32004;&#26463;&#21147;&#12290;</FONT></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Rights
and Obligations: This Agreement is binding on Borrower, Lender and their respective estate agents, successors or licensed assignees.</FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">11.2</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#36681;&#35731;</U>&#65306;&#20511;&#27454;&#20154;&#19981;&#24471;&#36681;&#35731;&#20854;&#22312;&#26412;&#21332;&#35696;&#38917;&#19979;&#30340;&#20219;&#20309;&#32681;&#21209;&#25110;&#27402;&#21033;&#12290;&#36024;&#27454;&#20154;&#21487;&#26044;&#20219;&#20309;&#26178;&#38291;&#36681;&#35731;&#20854;&#22312;&#26412;&#21332;&#35696;&#38917;&#19979;&#30340;&#20219;&#20309;&#32681;&#21209;&#25110;&#27402;&#21033;&#65292;&#20294;&#25033;&#31435;&#21363;&#26360;&#38754;&#36890;&#30693;&#20511;&#27454;&#20154;&#12290;</FONT></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Transfer:
Borrower shall not assign any of its obligations or rights under this Agreement. Lender may transfer any of its obligations or
rights under this Agreement at any time, but shall immediately notify Borrower in writing.</FONT></P>

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


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    <!-- Field: /Page -->

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

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 60.1pt; text-indent: -60.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#31532;12&#26781;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#35036;&#20767;&#33287;&#25918;&#26820;
Article 12 Compensation and waiver</U></FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">12.1</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#35036;&#20767;</U>&#65306;&#20219;&#20309;&#19968;&#26041;&#21487;&#38568;&#20854;&#24847;&#39000;&#34892;&#20351;&#20854;&#22312;&#26412;&#21332;&#35696;&#38917;&#19979;&#30340;&#27402;&#21147;&#12289;&#35036;&#20767;&#25110;&#27402;&#21033;&#65292;&#20134;&#21487;&#21516;&#26178;&#34892;&#20351;&#25110;&#20998;&#21029;&#34892;&#20351;&#20854;&#23427;&#27402;&#21147;&#12289;&#35036;&#20767;&#25110;&#27402;&#21033;&#12290;&#35442;&#26041;&#34892;&#20351;&#20854;&#20013;&#37096;&#20221;&#27402;&#21147;&#12289;&#35036;&#20767;&#21450;&#27402;&#21033;&#65292;&#20006;&#19981;&#22952;&#31001;&#20854;&#34892;&#20351;&#20854;&#23427;&#27402;&#21147;&#12289;&#35036;&#20767;&#21450;&#27402;&#21033;&#12290;&#26412;&#21332;&#35696;&#30340;&#27402;&#21147;&#12289;&#35036;&#20767;&#21450;&#27402;&#21033;&#20006;&#19981;&#24433;&#38911;&#20381;&#27861;&#24459;&#25152;&#25552;&#20379;&#30340;&#27402;&#21147;&#12289;&#35036;&#20767;&#21450;&#27402;&#21033;&#12290;</FONT></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Compensation:
Any party may exercise its powers, compensation or rights under this Agreement as it wishes, and may exercise or separately exercise
other powers, compensation or rights. The exercise of part of the powers, compensation and rights of the party does not prevent
it from exercising other powers, compensation and rights. The powers, compensation and rights of this Agreement do not affect
the powers, compensation and rights provided by law.</FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">12.2</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#25918;&#26820;</U>&#65306;&#20219;&#20309;&#19968;&#26041;&#19981;&#34892;&#20351;&#25110;&#24310;&#36978;&#34892;&#20351;&#35442;&#31561;&#27402;&#21147;&#12289;&#35036;&#20767;&#21450;&#27402;&#21033;&#22343;&#19981;&#26371;&#27083;&#25104;&#25110;&#34987;&#35222;&#28858;&#20854;&#23565;&#35442;&#31561;&#27402;&#21147;&#12289;&#35036;&#20767;&#21450;&#27402;&#21033;&#30340;&#25918;&#26820;&#12290;</FONT></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Waiver:
Failure by either party to exercise of such powers, remedies and rights will not constitute or be deemed a waiver of such powers,
remedies and rights.</FONT></P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 60.1pt; text-indent: -60.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#31532;13&#26781;&#9;&#21487;&#20998;&#21106;&#24615;
Article 13 Severability</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#20504;&#33509;&#26412;&#21332;&#35696;&#20043;&#20219;&#20309;&#26781;&#27454;&#26044;&#20219;&#20309;&#26041;&#38754;&#34987;&#23450;&#28858;&#28961;&#25928;&#12289;&#38750;&#27861;&#12289;&#19981;&#21487;&#22519;&#34892;&#25110;&#19981;&#33021;&#23653;&#34892;&#30340;&#65292;&#26412;&#21332;&#35696;&#20854;&#20182;&#26781;&#27454;&#20043;&#26377;&#25928;&#24615;&#12289;&#21512;&#27861;&#24615;&#12289;&#21487;&#22519;&#34892;&#21450;&#23653;&#34892;&#24615;&#19981;&#25033;&#22240;&#19978;&#36848;&#24773;&#27841;&#32780;&#22312;&#20219;&#20309;&#26041;&#38754;&#21463;&#21040;&#24433;&#38911;&#25110;&#25613;&#23475;&#12290;&#27492;&#22806;&#65292;&#35442;&#28961;&#25928;&#12289;&#38750;&#27861;&#12289;&#19981;&#21487;&#22519;&#34892;&#25110;&#19981;&#33021;&#23653;&#34892;&#30340;&#26781;&#25991;&#23559;&#34987;&#21478;&#19968;&#26781;&#25110;&#22810;&#26781;&#33287;&#20854;&#20855;&#39006;&#20284;&#20839;&#23481;&#32780;&#21448;&#26044;&#36969;&#29992;&#27861;&#24459;&#19979;&#21487;&#34987;&#35222;&#28858;&#21512;&#27861;&#12289;&#26377;&#25928;&#21450;&#20855;&#22519;&#34892;&#21147;&#20043;&#26781;&#25991;&#21462;&#26367;&#12290;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
the event that any provision of this Agreement is held to be invalid, illegal or unenforceable in any respect, the validity, legality,
enforceability and performance of the other terms of this Agreement shall not be affected in any way as a result of the above.
In addition, a provision that is invalid, illegal or unenforceable will be replaced by another article or articles that have similar
content and are considered to be lawful, valid and enforceable under applicable law.</FONT></P>

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


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

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 60.1pt; text-indent: -60.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#31532;14&#26781;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#36890;&#30693;
Article 14 Notice</U></FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">14.1</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#20961;&#20381;&#26412;&#21332;&#35696;&#35201;&#27714;&#25110;&#35377;&#21487;&#30332;&#20986;&#30340;&#36890;&#30693;&#22343;&#25033;&#20197;&#26360;&#38754;&#24418;&#24335;&#36914;&#34892;&#65292;&#20006;&#20197;&#23560;&#20154;&#36865;&#36958;&#12289;&#25499;&#34399;&#37109;&#36958;&#25110;&#20659;&#30495;&#25110;&#38651;&#37109;&#20659;&#36865;&#30340;&#26041;&#24335;&#36865;&#20132;&#21478;&#19968;&#26041;&#19979;&#21015;&#20043;&#22320;&#22336;&#12289;&#20659;&#30495;&#34399;&#30908;&#25110;&#38651;&#37109;&#22320;&#22336;(&#38500;&#38750;&#32147;&#19968;&#26041;&#25552;&#21069;7&#20491;&#37504;&#34892;&#29151;&#26989;&#26085;&#26360;&#38754;&#36890;&#30693;&#21478;&#19968;&#26041;&#20854;&#22320;&#22336;&#12289;&#20659;&#30495;&#34399;&#30908;&#25110;&#38651;&#37109;&#22320;&#22336;&#20043;&#35722;&#26356;)&#12290;</FONT></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">All
notices required or permitted under this Agreement shall be in writing and sent to the address, fax number or email address of
the other party by hand, by post or by fax or by e-mail (Change of address, fax number or email address should be notifed to the
other party in writing seven bank business day in advance.)</FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">14.2</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#20219;&#20309;&#35442;&#31561;&#36890;&#30693;&#33509;&#20197;&#23560;&#20154;&#36865;&#36958;&#65292;&#26044;&#36865;&#36958;&#36890;&#30693;&#26178;&#25033;&#35222;&#28858;&#22949;&#21892;&#22320;&#36865;&#36948;&#65307;&#33509;&#20197;&#25499;&#34399;&#37109;&#36958;&#26041;&#24335;&#30332;&#20986;(&#38500;&#26377;&#35657;&#25818;&#39023;&#31034;&#36890;&#30693;&#24050;&#22312;&#36611;&#26089;&#26178;&#38291;&#36865;&#36948;&#22806;)&#65292;&#22312;&#23492;&#20986;&#26085;&#24460;&#30340;&#31532;3&#20491;&#37504;&#34892;&#29151;&#26989;&#26085;&#25033;&#35222;&#28858;&#22949;&#21892;&#22320;&#36865;&#36948;&#65307;&#33509;&#20197;&#20659;&#30495;&#25110;&#38651;&#37109;&#26041;&#24335;&#30332;&#36865;&#65292;&#26044;&#30332;&#36865;&#36890;&#30693;&#26178;&#25033;&#35222;&#28858;&#22949;&#21892;&#22320;&#36865;&#36948;&#12290;</FONT></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Any
such notice shall be deemed to be properly served if it is delivered by hand; if it is sent by registered post (except where there
is evidence that the notice has been served at an earlier time), the third Bank business days after the date of dispatch shall
be deemed to be properly served; if sent by fax or email, it shall be deemed to be properly served when the notice is sent.</FONT></P>

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

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

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">14.3</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#20511;&#27454;&#20154;&#65292;&#36024;&#27454;&#20154;&#21450;&#25812;&#20445;&#20154;&#30340;&#36890;&#30693;&#26041;&#24335;&#22914;&#19979;&#65306;</FONT></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
notice methods for Borrower, Lender and Guarantor are as follows:</FONT></P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 0.35in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT></TD>
    <TD STYLE="width: 0.75in; font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>&#20511;&#27454;&#20154;</U></B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Borrower</U></B></FONT></P></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>

<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#22320;&#22336;&#65306;</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Address</FONT></P></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#28145;&#22323;&#24066;&#21069;&#28023;&#28145;&#28207;&#21512;&#20316;&#21306;&#21069;&#28286;&#19968;&#36335;1&#21495;A&#26635;201&#23460;</U>_</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Room
        201, Building A, No. 1 Qianwan 1st Road, Qianhai-Hong Kong Cooperation Zone, Qianhai, Shenzhen</FONT></P></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#20659;&#30495;&#65306;</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Fax</FONT></P></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">+86
    10 64758992</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#38651;&#37109;&#22320;&#22336;&#65306;</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Email
        Address</FONT></P></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">[&nbsp;&nbsp;]</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>&#36024;&#27454;&#20154;</U></B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Lender</U></B></FONT></P></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#22320;&#22336;&#65306;</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Address</FONT></P></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#39321;&#28207;&#20061;&#40845;&#37117;&#26371;&#36947;10&#34399;&#37117;&#26371;&#22823;&#24264;17&#27155;1701&#23460;</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Room
        1701, 17/F, Metropolis Tower, 10 Metropolis Drive, Kowloon, Hong Kong</FONT></P></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#20659;&#30495;&#65306;</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Fax</FONT></P></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(852)3111
    7720</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#38651;&#37109;&#22320;&#22336;&#65306;</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Email
        Address</FONT></P></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">[&nbsp;&nbsp;]</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#25910;&#20214;&#20154;&#65306;</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Attention</FONT></P></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">LEE
    CHONG KUANG</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>&#25812;&#20445;&#20154;</U></B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Guarantor</U></B></FONT></P></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#24464;&#23416;&#26126;
    Xu Xueming</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#22320;&#22336;&#65306;</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Address</FONT></P></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#38651;&#35441;:</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Telephone</FONT></P></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#38651;&#37109;&#22320;&#22336;&#65306;</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Email
        Address</FONT></P></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">14.4</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#35486;&#35328;</U>&#65306;&#25152;&#26377;&#36890;&#30693;&#65292;&#38500;&#27861;&#24459;&#21478;&#26377;&#35215;&#23450;&#22806;&#65292;&#22343;&#38920;&#20197;&#20013;&#25991;&#25110;&#33521;&#25991;&#26360;&#23531;&#12290;</FONT></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Language:
</U>All notices must be written in Chinese or English, unless otherwise required by law.</FONT></P>

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

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

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 60.1pt; text-indent: -60.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#31532;15&#26781;&#9;&#25918;&#20661;&#20154;&#26781;&#20363;
Article 15 Money Lenders Ordinance</U></FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">15.1</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#21332;&#35696;&#20043;&#27965;&#21830;&#21450;&#23436;&#25104;</U><B>&#65306;</B>&#26412;&#21332;&#35696;&#38617;&#26041;&#32882;&#26126;&#26412;&#21332;&#35696;&#30340;&#27965;&#21830;&#22320;&#40670;&#21450;&#23436;&#25104;&#22320;&#40670;&#22343;&#28858;&#36024;&#27454;&#20154;&#20301;&#26044;&#39321;&#28207;&#20061;&#40845;&#37117;&#26371;&#36947;10&#34399;&#37117;&#26371;&#22823;&#24264;17&#27155;1701&#23460;&#30340;&#35387;&#20874;&#36774;&#20107;&#34389;&#12290;</FONT></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Negotiation
and Completion of the Agreement:</U> The parties hereby declare that the place of negotiation and the place of completion of this
Agreement are the registered office of Lender at Room 1701, 17/F, Metropolis Tower, 10 Metropolis Drive, Kowloon, Hong Kong.</FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">15.2</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#26781;&#20363;&#25774;&#35201;</U>&#65306;&#20511;&#27454;&#20154;&#30906;&#35469;&#36024;&#27454;&#20154;&#24050;&#21521;&#20854;&#25552;&#20379;&#36617;&#26044;&#38468;&#20214;&#19977;&#25918;&#20661;&#20154;&#26781;&#20363;&#31532;III&#21450;IV&#37096;&#38364;&#26044;&#25918;&#20661;&#20154;&#20132;&#26131;&#21450;&#36942;&#39640;&#21033;&#29575;&#20043;&#35215;&#23450;&#30340;&#26781;&#25991;&#25774;&#35201;&#65292;&#20006;&#30906;&#35469;&#20511;&#27454;&#20154;&#28165;&#26970;&#26126;&#30333;&#20854;&#20839;&#23481;&#12290;</FONT></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Summary
of the Ordinance</U>: Borrower confirms that Lender has provided it with a summary of the provisions of Part III and IV of the
Money Lenders Ordinance of Annex 3 on the issue of money lender transactions and excessive interest rates, and confirms that Borrower
clearly understands its contents.</FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">15.3</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#21332;&#35696;&#25991;&#26412;</U>&#65306;&#20511;&#27454;&#20154;&#21478;&#30906;&#35469;&#25910;&#21040;&#20854;&#20013;&#19968;&#20221;&#30001;&#26412;&#21332;&#35696;&#38617;&#26041;&#31805;&#35330;&#30340;&#26412;&#21332;&#35696;&#21407;&#20214;&#25991;&#26412;&#65292;&#32780;&#22312;&#31805;&#35330;&#26412;&#21332;&#35696;&#20043;&#21069;&#65292;&#36024;&#27454;&#20154;&#24050;&#21521;&#20511;&#27454;&#20154;&#35299;&#37323;&#26412;&#21332;&#35696;&#30340;&#20840;&#37096;&#26781;&#27454;&#65292;&#29305;&#21029;&#26159;&#38364;&#26044;&#36996;&#27454;&#30340;&#26781;&#27454;&#65288;&#21363;&#65306;(i)&#36024;&#27454;&#21033;&#29575;&#65292;&#20197;&#24180;&#24687;&#30334;&#20998;&#29575;&#34920;&#31034;&#65292;&#20197;&#21450;&#26681;&#25818;&#26412;&#21332;&#35696;&#38920;&#25903;&#20184;&#30340;&#21033;&#24687;&#32317;&#38989;&#65307;(ii)&#26681;&#25818;&#26412;&#21332;&#35696;&#23450;&#26399;&#21450;&#32317;&#20849;&#38920;&#20767;&#36996;&#30340;&#27454;&#38989;&#65307;&#65288;iii&#65289;&#20219;&#20309;&#25302;&#27424;&#36996;&#27454;&#34892;&#28858;&#30340;&#21487;&#33021;&#24460;&#26524;&#65292;&#21253;&#25324;&#25509;&#31649;&#21450;&#20986;&#21806;&#25152;&#28041;&#21450;&#30340;&#20219;&#20309;&#25269;&#25276;&#29289;&#65288;&#21253;&#25324;&#24050;&#20104;&#25276;&#35352;&#30340;&#29289;&#26989;&#65292;&#22914;&#26377;&#30340;&#35441;&#65289;&#21450;&#36024;&#27454;&#20154;&#21487;&#35201;&#27714;&#21363;&#26178;&#36996;&#27454;&#30340;&#28137;&#39381;&#24615;&#27402;&#21033;&#65289;&#65292;&#20511;&#27454;&#20154;&#28165;&#26970;&#26126;&#30333;&#21450;&#25509;&#21463;&#20854;&#20839;&#23481;&#12290;
</FONT></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><U>Copy of Agreement:</U> Borrower also acknowledges
receipt of the original copy of this Agreement signed by both parties, and prior to signing this Agreement, Lender has explained
to the Borrower all terms of this Agreement, in particular the terms of the Repayment ( (i) the loan interest rate, expressed
as a percentage of the annual interest rate, and the total amount of interest payable under this Agreement; (ii) the amount to
be repaid periodically and in total under this Agreement; (iii) the possible consequences of any default, This includes taking
over and selling any collateral involved (including the property that has been charged, if any) and the overriding rights that
Lender may require for immediate repayment), and Borrower clearly understands and accepts its contents.</P>

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

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

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    <!-- Field: /Page -->

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">15.4</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#31532;&#19977;&#26041;&#21332;&#35696;</U>&#65306;&#20511;&#27454;&#20154;&#30906;&#35469;&#20854;&#22240;&#20419;&#33268;&#12289;&#27965;&#21830;&#12289;&#21462;&#24471;&#25110;&#30003;&#35531;&#35442;&#31558;&#36024;&#27454;&#65292;&#25110;&#22240;&#25812;&#20445;&#25110;&#20445;&#35657;&#35442;&#31558;&#36024;&#27454;&#30340;&#20767;&#36996;&#65292;&#25110;&#30001;&#26044;&#33287;&#35442;&#31561;&#20107;&#21209;&#26377;&#38364;&#65292;&#32780;&#24478;&#26410;&#33287;&#20219;&#20309;&#31532;&#19977;&#26041;&#36948;&#25104;&#25110;&#31805;&#35330;&#20219;&#20309;&#21332;&#35696;&#65288;&#19981;&#21253;&#25324;&#20511;&#27454;&#20154;&#22996;&#20219;&#30340;&#24459;&#24107;&#32020;&#31929;&#28858;&#25552;&#20379;&#27861;&#24459;&#26381;&#21209;&#32780;&#36948;&#25104;&#25110;&#31805;&#35330;&#30340;&#21332;&#35696;&#65289;&#12290;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Third
Party Agreement</U>: Borrower confirms that it has not reached or signed with any third party for procuring, negotiating, obtaining
or applying for the loan, or for guaranteeing or guaranteeing the repayment of the loan, or for being related to such business.
Any agreement (excluding agreements reached or signed by a lawyer appointed by the borrower solely for the purpose of providing
legal services).&#9;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: -35.45pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>&#31532;16&#26781;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#20445;&#23494;&#36012;&#20219;
Article 16 Confidentiality</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 35.6pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16.1</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#21463;&#21046;&#26044;&#31532;16.2&#26781;&#65292;&#26412;&#21332;&#35696;&#38617;&#26041;&#22343;&#25033;&#30070;&#23565;&#26412;&#21332;&#35696;&#21450;&#20854;&#38917;&#19979;&#20132;&#26131;&#20043;&#35527;&#21028;&#20839;&#23481;&#21644;&#32080;&#26524;&#12289;&#21332;&#35696;&#20043;&#35330;&#31435;&#12289;&#20132;&#26131;&#20043;&#36914;&#34892;&#21450;&#20854;&#26781;&#27454;&#65288;&#21253;&#25324;&#20511;&#27454;&#20154;&#30340;&#20491;&#20154;&#36039;&#26009;&#65289;&#65288;&#32113;&#31281;&ldquo;<B>&#20445;&#23494;&#36039;&#26009;</B>&rdquo;&#65289;&#20445;&#23494;&#65292;&#38500;&#38750;&#28858;&#20102;&#23653;&#34892;&#20854;&#26044;&#26412;&#21332;&#35696;&#38917;&#19979;&#30340;&#36012;&#20219;&#25110;&#26412;&#21332;&#35696;&#26126;&#30906;&#20801;&#35377;&#65292;&#19981;&#24471;&#20197;&#20219;&#20309;&#26041;&#24335;&#30452;&#25509;&#25110;&#38291;&#25509;&#22320;&#36939;&#29992;&#12289;&#20986;&#21806;&#12289;&#36681;&#35731;&#12289;&#25259;&#38706;&#25110;&#20801;&#35377;&#36939;&#29992;&#25110;&#25259;&#38706;&#35442;&#31561;&#36039;&#26009;&#65288;&#20840;&#37096;&#25110;&#20219;&#20309;&#37096;&#20998;&#65289;&#12290;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Subject
to Article 16.2, both parties to this Agreement shall keep confidential the contents and results of the negotiation of the Agreement,
the conclusion of the Agreement, the conduct of the Transaction and its terms (including Borrower&rsquo;s personal data) (collectively,
&ldquo;Confidential Information&rdquo;). Except for the performance of its obligations under this Agreement or expressly permitted
by this Agreement, the use, sale, transfer, disclosure or permission to use or disclose such information (all or part of it) is
not directly or indirectly used in any way.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 35.8pt; text-align: justify; text-indent: -35.8pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 35.6pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16.2</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#20219;&#20309;&#19968;&#26041;&#22312;&#19979;&#21015;&#24773;&#27841;&#19979;&#25259;&#38706;&#20445;&#23494;&#36039;&#26009;&#19981;&#34987;&#35222;&#28858;&#36949;&#21453;&#26412;&#26781;&#27454;&#38917;&#19979;&#30340;&#20445;&#23494;&#32681;&#21209;&#65306;</FONT></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Disclosure
of confidential information by either party in the following circumstances is not considered a breach of confidentiality under
these Terms:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: -35.45pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: -35.45pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: -35.45pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#33509;&#25353;&#29031;&#27861;&#24459;&#25110;&#26377;&#38364;&#25919;&#24220;&#27231;&#38364;&#25110;&#30435;&#31649;&#27231;&#27083;&#25110;&#37329;&#34701;&#27231;&#27083;&#35201;&#27714;&#21450;&#22312;&#25152;&#35201;&#27714;&#30340;&#31684;&#22285;&#20839;&#25259;&#38706;&#65307;
                                         </FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 71.25pt; text-align: justify; text-indent: 0.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">if
required by law or by the relevant government agency or regulatory body or financial institution and within the required scope;</FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#32147;&#34987;&#25259;&#38706;&#36039;&#26009;&#30340;&#19968;&#26041;&#21516;&#24847;&#30340;&#65292;&#20006;&#22312;&#20854;&#21516;&#24847;&#30340;&#31684;&#22285;&#20570;&#20986;&#30340;&#25259;&#38706;&#65307;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">a
disclosure made by a party to the disclosed information and within the scope of its consent;</FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#20104;&#20854;&#23560;&#26989;&#39015;&#21839;&#65292;&#21253;&#25324;&#20294;&#19981;&#38480;&#26044;&#24459;&#24107;&#12289;&#26371;&#35336;&#24107;&#21450;&#26680;&#25976;&#24107;&#65307;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">to
its professional advisers, including but not limited to lawyers, accountants and auditors;</FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#23601;&#36024;&#27454;&#20154;&#32780;&#35328;&#65292;&#20104;&#20854;&#38364;&#32879;&#20844;&#21496;&#65288;&#21253;&#25324;&#20294;&#19981;&#38480;&#26044;&#20854;&#27597;&#20844;&#21496;&#65289;&#65307;&#25110;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 71.25pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">in
the case of a lender, to its affiliates (including but not limited to its parent company); or</FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e)</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#38750;&#22240;&#25259;&#38706;&#26041;&#30340;&#30095;&#24573;&#25110;&#36942;&#37679;&#30340;&#24773;&#24418;&#19979;&#65292;&#20445;&#23494;&#36039;&#26009;&#34987;&#27945;&#38706;&#32780;&#20351;&#20844;&#30526;&#30693;&#24713;&#25110;&#24050;&#23660;&#20844;&#20849;&#38936;&#22495;&#20043;&#20839;&#12290;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
the event of negligence or fault of the disclosing party, the confidential information is disclosed to the public or is within
the public information.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -35.45pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 35.6pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16.3</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#26412;&#31532;16&#26781;&#26781;&#27454;&#19979;&#30340;&#20445;&#23494;&#32681;&#21209;&#25033;&#28961;&#26178;&#38291;&#38480;&#21046;&#22320;&#26044;&#26412;&#21332;&#35696;&#32066;&#27490;&#24460;&#25345;&#32396;&#36969;&#29992;&#12290;
                                         The confidentiality obligations under this Article 16 shall continue to apply after the
                                         termination of this Agreement without time limit.</FONT></TD></TR></TABLE>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 60.1pt; text-indent: -60.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#31532;17&#26781;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#20854;&#23427;&#20107;&#38917;
Article 17 Other matters</U></FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">17.1</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#21332;&#35696;&#30340;&#23436;&#25972;&#24615;</U><B>&#65306;</B>&#26412;&#21332;&#35696;&#24050;&#27083;&#25104;&#20511;&#27454;&#20154;&#33287;&#36024;&#27454;&#20154;&#24444;&#27492;&#20043;&#38291;&#23601;&#26412;&#21332;&#35696;&#26377;&#38364;&#20107;&#23452;&#25152;&#36948;&#25104;&#20043;&#20840;&#37096;&#21332;&#35696;&#65292;&#20006;&#21462;&#20195;&#20854;&#20197;&#21069;&#23601;&#33287;&#26412;&#21332;&#35696;&#26377;&#38364;&#20107;&#23452;&#36948;&#25104;&#20043;&#20840;&#37096;&#24314;&#35696;&#12289;&#32882;&#26126;&#12289;&#20445;&#35657;&#12289;&#21332;&#35696;&#21644;&#25215;&#35582;(&#19981;&#35542;&#26159;&#26360;&#38754;&#12289;&#21475;&#38957;&#25110;&#20854;&#20182;&#24418;&#24335;&#30340;)&#12290;</FONT></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Entire
agreement</U>&nbsp;: This Agreement constitutes the entire agreement between Borrower and Lender to each other in relation to
this Agreement and supersedes all previous recommendations, representations, warranties, agreements and undertakings that have
been reached in connection with this Agreement. (whether written, verbal or otherwise).</FONT></P>

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


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    <!-- Field: /Page -->

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

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">17.2</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#29544;&#31435;&#27861;&#24459;&#24847;&#35211;</U>&#65306;&#20511;&#27454;&#20154;&#30906;&#35469;&#24050;&#23601;&#26412;&#21332;&#35696;&#20043;&#30456;&#38364;&#20107;&#38917;&#23563;&#27714;&#29544;&#31435;&#27861;&#24459;&#24847;&#35211;(&#22914;&#26377;&#38656;&#35201;)&#12290;</FONT></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Independent
legal advice</U>: The Borrower confirms that it has sought independent legal advice on matters related to this Agreement (if required).</FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">17.3</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#36027;&#29992;</U>&#65306;&#28310;&#20633;&#12289;&#21332;&#21830;&#12289;&#35330;&#31435;&#21450;&#36914;&#34892;&#26412;&#21332;&#35696;&#21450;&#30456;&#38364;&#20132;&#26131;&#30340;&#19968;&#20999;&#26377;&#38364;&#36027;&#29992;&#21450;&#38283;&#25903;&#25033;&#30001;&#29986;&#29983;&#30340;&#19968;&#26041;&#33258;&#34892;&#25215;&#25812;&#12290;</FONT></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Fees</U>:
All related expenses and expenses for the preparation, negotiation, entering into and carrying out of this Agreement and related
transactions shall be borne by the party in charge.</FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">17.4</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#26178;&#38291;&#30340;&#37325;&#35201;&#24615;</U>&#65306;&#26178;&#38291;&#28858;&#20511;&#27454;&#20154;&#23653;&#34892;&#20854;&#22312;&#26412;&#21332;&#35696;&#38917;&#19979;&#20043;&#32681;&#21209;&#21644;&#36012;&#20219;&#30340;&#35201;&#32032;&#12290;</FONT></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Timing</U>:
Time is the element of Borrower&rsquo;s performance of its obligations and responsibilities under this Agreement.</FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">17.5</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#38468;&#21152;&#20445;&#35657;</U>&#65306;&#28858;&#20445;&#38556;&#36024;&#27454;&#20154;&#22312;&#26412;&#21332;&#35696;&#38917;&#19979;&#20043;&#21033;&#30410;&#65292;&#22914;&#36024;&#27454;&#20154;&#35201;&#27714;&#65292;&#20511;&#27454;&#20154;&#25033;&#33258;&#36027;&#65306;</FONT></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Additional
guarantee</U>: In order to protect the interests of Lender under this agreement, upon the Lender&rsquo;s request, Borrower shall
pay at his own expense:</FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#31805;&#32626;&#21450;&#20419;&#20351;&#20854;&#26410;&#20358;&#30340;&#32380;&#25215;&#20154;&#25110;&#21463;&#35731;&#20154;(&#22914;&#36969;&#29992;&#32773;)&#31805;&#32626;&#19968;&#20999;&#25152;&#38656;&#25991;&#20214;&#21450;&#20316;&#20986;&#19968;&#20999;&#25152;&#38656;&#34892;&#28858;&#65292;&#20351;&#26412;&#21332;&#35696;&#23565;&#20511;&#27454;&#20154;&#21450;&#19978;&#36848;&#20154;&#22763;&#20855;&#32004;&#26463;&#21147;&#65307;&#21450;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#20419;&#20351;&#20219;&#20309;&#20854;&#23427;&#26377;&#38364;&#20154;&#22763;&#21516;&#27171;&#31805;&#32626;&#19968;&#20999;&#25152;&#38656;&#25991;&#20214;&#21450;&#20316;&#20986;&#19968;&#20999;&#25152;&#38656;&#34892;&#28858;&#65292;&#20197;&#20351;&#26412;&#21332;&#35696;&#23565;&#35442;&#31561;&#20154;&#22763;&#26377;&#32004;&#26463;&#21147;&#12290;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">sign
                                         and cause its successor or assignee (if applicable) to sign all required documents and
                                         perform all necessary actions to bind this Agreement to Borrower and such persons;</FONT></TD></TR>                                                                                                                                            <TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif">procure
                                         any other person to do so to sign all required documents and to do all necessary actions
                                         to make this Agreement binding on such persons.</FONT></TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; text-indent: -0.5in"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: justify; 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: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">17.6</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#20462;&#35330;</U>&#65306;&#26412;&#21332;&#35696;&#30340;&#20219;&#20309;&#26377;&#32004;&#26463;&#21147;&#30340;&#20462;&#35330;&#25110;&#26356;&#25913;&#21482;&#21487;&#20197;&#30001;&#26412;&#21332;&#35696;&#38617;&#26041;&#20197;&#26360;&#38754;&#35352;&#37636;&#21450;&#31805;&#32626;&#25991;&#20214;&#30340;&#24418;&#24335;&#36914;&#34892;&#26041;&#28858;&#26377;&#25928;&#12290;&#20760;&#31649;(i)&#26412;&#21332;&#35696;&#21487;&#33021;&#26126;&#25991;&#32004;&#23450;&#20006;&#38750;&#26412;&#21332;&#35696;&#19968;&#26041;&#30340;&#20219;&#20309;&#31532;&#19977;&#32773;&#21487;&#24375;&#21046;&#22519;&#34892;&#26412;&#21332;&#35696;&#38917;&#19979;&#26781;&#27454;,&#25110;&#32773;(ii)&#26412;&#21332;&#35696;&#38917;&#19979;&#26781;&#27454;&#21487;&#33021;&#27161;&#27036;&#36070;&#20104;&#35442;&#31532;&#19977;&#32773;&#21033;&#30410;,&#24478;&#32780;&#20196;&#35442;&#31532;&#19977;&#32773;&#21487;&#24977;&#34249;&#12298;&#21512;&#32004;&#65288;&#31532;&#19977;&#32773;&#27402;&#21033;&#65289;&#26781;&#20363;&#12299;&#65288;&#39321;&#28207;&#27861;&#20363;&#31532;623&#31456;&#65289;&#31532;4(1)&#26781;&#24375;&#21046;&#22519;&#34892;&#26412;&#21332;&#35696;&#38917;&#19979;&#20043;&#26377;&#38364;&#26781;&#27454;&#65292;&#26412;&#21332;&#35696;&#38617;&#26041;&#20173;&#26377;&#27402;&#25764;&#37559;&#25110;&#26356;&#25913;&#26412;&#21332;&#35696;&#65292;&#32780;&#28961;&#38656;&#21462;&#24471;&#35442;&#31532;&#19977;&#26041;&#21516;&#24847;&#12290;</FONT></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Amendment</U>:
Any binding amendments or changes to this Agreement may only be made in written and signed by both parties to this Agreement.
Notwithstanding (i) this Agreement may expressly stipulate that any third party (not party to this Agreement) may enforce the
terms of this Agreement, or (ii) the terms of this Agreement may be advertised to the benefit of the third party, thereby enabling
the third party to enforce this Agreement by virtue of section 4(1) of the Contracts (Third Party Rights) Ordinance (Chapter 623
of Laws of Hong Kong). Under the relevant terms, the parties to this agreement still have the right to revoke or change this agreement
without obtaining the consent of the third party.</FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">17.7</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#20511;&#27454;&#20154;&#20043;&#29544;&#31435;&#24615;</U>&#65306;&#20511;&#27454;&#20154;&#21521;&#36024;&#27454;&#20154;&#32882;&#26126;&#21450;&#20445;&#35657;&#20511;&#27454;&#20154;&#28858;&#29544;&#31435;&#26044;&#36024;&#27454;&#20154;&#27597;&#20844;&#21496;Greenpro
                                         Capital Corp&#12290;</FONT></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Independence
of Borrower</U>: The Borrower declares and guarantees to Lender that Borrower is independent of the Lender&rsquo;s parent company,
Greenpro Capital Corp.</FONT></P>

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

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 0 60.1pt; text-indent: -60.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#31532;18&#26781;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#36969;&#29992;&#27861;&#24459;&#21450;&#29229;&#35696;&#35299;&#27770;
Article 18 Applicable law and dispute resolution</U></FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; padding-left: 10pt; text-indent: -10pt; width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">18.1</FONT></TD>
    <TD STYLE="text-align: justify; padding-left: 10pt; text-indent: -10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#26412;&#21332;&#35696;&#36969;&#29992;&#39321;&#28207;&#27861;&#24459;&#20006;&#25353;&#29031;&#39321;&#28207;&#27861;&#24459;&#20570;&#20986;&#35299;&#37323;&#12290;</FONT></TD></TR>
</TABLE>


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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">This
Agreement shall be governed by the laws of Hong Kong.</FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">18.2</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#20961;&#22240;&#26412;&#21332;&#35696;&#25152;&#24341;&#36215;&#30340;&#25110;&#33287;&#20043;&#26377;&#38364;&#30340;&#29229;&#35696;&#12289;&#31998;&#32027;&#25110;&#32034;&#20767;&#65292;&#21253;&#25324;&#21332;&#35696;&#30340;&#25928;&#21147;&#12289;&#21332;&#35696;&#28961;&#25928;&#12289;&#36949;&#32004;&#25110;&#32066;&#27490;&#31561;&#65292;&#22343;&#25033;&#36890;&#36942;&#20210;&#35009;&#35299;&#27770;&#12290;&#20210;&#35009;&#25353;&#30446;&#21069;&#26377;&#25928;&#30340;&#12298;&#32879;&#21512;&#22283;&#22283;&#38555;&#36031;&#26131;&#27861;&#22996;&#21729;&#26371;&#30340;&#20210;&#35009;&#35215;&#21063;&#12299;&#36914;&#34892;&#65292;&#20294;&#21487;&#20316;&#19979;&#36848;&#20462;&#25913;&#12290;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Any
disputes, disputes or claims arising out of or in connection with this Agreement, including the validity of the Agreement, invalidity
of the Agreement, breach of contract or termination, shall be settled through arbitration. The arbitration is conducted in accordance
with the currently valid United Nations Commission on International Trade Law Arbitration Rules, subject to the following modifications.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.55pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 0.3in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#25351;&#23450;&#20210;&#35009;&#21729;&#30340;&#27231;&#27083;&#26159;&#39321;&#28207;&#22283;&#38555;&#20210;&#35009;&#20013;&#24515;&#12290;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#25351;&#23450;&#20210;&#35009;&#22320;&#40670;&#22312;&#39321;&#28207;&#30340;&#39321;&#28207;&#22283;&#38555;&#20210;&#35009;&#20013;&#24515;&#12290;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#21482;&#29992;&#19968;&#21517;&#20210;&#35009;&#21729;&#20210;&#35009;&#12290;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#20210;&#35009;&#35486;&#35328;&#28858;&#20013;&#25991;&#12290;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)
The institution designating the arbitrator is the Hong Kong International Arbitration Centre.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)
Designate the Hong Kong International Arbitration Centre in Hong Kong at the place of arbitration.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)
Arbitration by only one arbitrator.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)
The language of arbitration is Chinese.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#22914;&#20219;&#20309;&#19968;&#26041;&#26377;&#36949;&#32004;&#34892;&#28858;&#65292;&#21478;&#19968;&#26041;&#23559;&#20139;&#26377;&#20210;&#35009;&#25152;&#27770;&#23450;&#30340;&#27861;&#24459;&#21450;&#34913;&#24179;&#27861;&#36070;&#20104;&#30340;&#35036;&#20767;&#12290;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
either party breaches the contract, the other party will enjoy the law and equity compensation as determined by the arbitration.</FONT></P>

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

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


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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&#26412;&#21332;&#35696;&#26044;&#38283;&#31471;&#25152;&#36848;&#26085;&#26399;&#31805;&#35330;&#12290;</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">This
Agreement was entered into at the date first above written <B><U>&#31805;&#32626;&#38913; Signing Page</U></B></FONT></P>


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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>&#20511;&#27454;&#20154;
Borrower</U></B></FONT></P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 50%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#20195;&#34920;
    For and on behalf of</FONT></TD>
    <TD STYLE="width: 3%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="width: 47%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&#28145;&#22323;&#34701;&#37329;&#22025;&#25104;&#25237;&#36164;&#26377;&#38480;&#20844;&#21496;</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Shenzhen
        Rong Jin Jia Cheng Investment Limited</B></FONT></P></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#31805;&#32626;
    Signature</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#35211;&#35657;&#20154;&#65306;Witness
    </FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>&#36024;&#27454;&#20154;
Lender</U></B></FONT></P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 50%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#30001;<B>&#26446;&#20013;&#32676;
    Lee Chong Kuang</B></FONT></TD>
    <TD STYLE="width: 3%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="width: 47%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#20195;&#34920;For
    and on behalf of</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&#32160;&#23560;&#20449;&#36024;&#26377;&#38480;&#20844;&#21496;</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>(Greenpro
    Credit Limited)</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#31805;&#32626;
    Signature</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#35211;&#35657;&#20154;&#65306;Witness
    </FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#25812;&#20445;&#20154;
: &#24464;&#23416;&#26126;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Guarantor
: Xu Xueming</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 50%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 3%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 47%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#35211;&#35657;&#20154;&#65306;Witness</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>&#38468;&#20214;&#19968;
Annex I</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>&#30332;&#25918;&#36024;&#27454;&#20043;&#20808;&#27770;&#26781;&#20214;
Prerequisites</U></B></FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.3in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#28145;&#22323;&#34701;&#37329;&#22025;&#25104;&#25237;&#36164;&#26377;&#38480;&#20844;&#21496;,
                                         &#32113;&#19968;&#31038;&#26371;&#20449;&#29992;&#20195;&#30908;: 91440300MA5DRATD36&#65292;&#22320;&#22336;:
                                         &#28145;&#22323;&#24066;&#21069;&#28023;&#28145;&#28207;&#21512;&#20316;&#21306;&#21069;&#28286;&#19968;&#36335;1&#21495;A&#26635;201&#23460;,
                                         &#24050;&#21521;&#36024;&#27454;&#20154;&#20132;&#20184;&#32147;&#20854;&#31805;&#32626;,
                                         &#33995;&#31456;&#21450;&#20132;&#20184;&#20197;&#36024;&#27454;&#20154;&#28858;&#21463;&#30410;&#20154;&#30340;&#12298;&#20491;&#20154;&#25812;&#20445;&#22865;&#32004;&#12299;(&#20854;&#20839;&#23481;&#30001;&#36024;&#27454;&#20154;&#25351;&#23450;),
                                         &#21521;&#36024;&#27454;&#20154;&#25552;&#20379;&#23601;&#20511;&#27454;&#20154;&#23653;&#34892;&#20854;&#26044;&#26412;&#21332;&#35696;&#38917;&#19979;&#30340;&#36012;&#20219;&#21450;&#32681;&#21209;&#20043;&#25812;&#20445;&#12290;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify; text-indent: 0.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify; text-indent: 0.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Shenzhen
Rong Jin Jia Cheng Investment Limited, Business License Number&#65306;91440300MA5DRATD36, address Room 201, Building A, No. 1
Qianwan 1st Road, Qianhai-Hong Kong Cooperation Zone, Qianhai, Shenzhen, has delivered to Lender a &ldquo;Personal Guarantee Deed&rdquo;
(which is specified by the lender) signed, sealed and delivered to Lender, providing Lender with a guarantee that Borrower will
perform its obligations and obligations under this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify; text-indent: 0.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>&#38468;&#20214;&#20108;
Annex II</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>&#25269;&#25276;&#21697;
- &#20511;&#36024;&#21332;&#35696; Collateral - Loan Agreement</U></B></FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.3in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#25269;&#25276;&#21697;&#28858;&#28145;&#22323;&#34701;&#37329;&#22025;&#25104;&#25237;&#36164;&#26377;&#38480;&#20844;&#21496;
                                         &#33287; Take Success Investments Limited &#30340;&#20511;&#36024;&#21332;&#35696;&#20013;&#65292;Take
                                         Success Investments Limited&#30340;&#25152;&#26377;&#36039;&#37329;&#21644;&#36039;&#29986;&#12290;</FONT></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify; text-indent: 0.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
collateral are the capitals and assets of Take Success Investments Limited, as stated in the loan agreement between Shenzhen Rong
Jin Jia Cheng Investment Limited and Take Success Investments Limited.</FONT></P>

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


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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>&#38468;&#20214;&#19977;
Annex III</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>&#25918;&#20661;&#20154;&#26781;&#20363;&#31532;III&#21450;IV&#37096;&#26781;&#25991;&#25774;&#35201;</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Summary
of the provisions of Parts III and IV of the Money Lenders Ordinance</U></B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 4.6pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[&#31532;11&#26781;]</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
11</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 4.6pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 4.6pt; text-align: right"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">[&#26412;&#26781;&#20363;&#31532;18(1)&#21450;34&#26781;]</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 4.6pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
18(1) and 34 of the Ordinance</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 4.6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#12298;&#25918;&#20661;&#20154;&#26781;&#20363;&#12299;&#65288;&#39321;&#28207;&#27861;&#20363;&#31532;163&#31456;&#65289;&#65288;&ldquo;&#25918;&#20661;&#20154;&#26781;&#20363;&rdquo;&#25110;&ldquo;&#26412;&#26781;&#20363;&rdquo;&#65289;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Money
Lenders Ordinance (Chapter 163 of the Laws of Hong Kong) (&ldquo;Money Lenders Ordinance&rdquo; or &ldquo;this Ordinance&rdquo;)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 4.6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#20197;&#19979;&#25152;&#21015;&#30340;&#12298;&#25918;&#20661;&#20154;&#26781;&#20363;&#12299;&#26781;&#25991;&#25774;&#35201;&#65292;&#23565;&#20445;&#38556;&#35330;&#31435;&#36024;&#27454;&#21332;&#35696;&#30340;&#21508;&#26041;&#22343;&#33267;&#28858;&#37325;&#35201;&#65292;&#25033;&#23567;&#24515;&#38321;&#35712;&#12290;&#35442;&#25774;&#35201;&#20006;&#38750;&#27861;&#20363;&#30340;&#19968;&#37096;&#20998;&#65292;&#22914;&#26377;&#30097;&#21839;&#65292;&#25033;&#21443;&#38321;&#12298;&#25918;&#20661;&#20154;&#26781;&#20363;&#12299;&#26377;&#38364;&#26781;&#25991;&#12290;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 4.6pt; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
provisions of the Money Lenders Ordinance listed below are essential to safeguarding the parties to the loan agreement and should
be read carefully. It should be referred to the relevant provisions of the Money Lenders Ordinance.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 4.6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#12298;&#25918;&#20661;&#20154;&#26781;&#20363;&#12299;&#31532;III&#37096;&#25774;&#35201;
&#9472; &#25918;&#20661;&#20154;&#36914;&#34892;&#30340;&#20132;&#26131;</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 4.6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 4.6pt; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><U></U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Summary
of Part III of the Money Lenders Ordinance - Money Lenders&rsquo; Transactions</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 4.6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#26412;&#26781;&#20363;&#31532;18&#26781;&#21015;&#20986;&#38364;&#26044;&#25918;&#20661;&#20154;&#20316;&#20986;&#36024;&#27454;&#30340;&#35215;&#23450;&#12290;&#27599;&#20221;&#36024;&#27454;&#21332;&#35696;&#38920;&#20197;&#26360;&#38754;&#35330;&#31435;&#65292;&#20006;&#30001;&#20511;&#27454;&#20154;&#26044;&#35442;&#21332;&#35696;&#20316;&#20986;&#24460;&#30340;7&#22825;&#20839;&#21450;&#26044;&#35442;&#31558;&#27454;&#38917;&#36024;&#20986;&#20043;&#21069;&#31805;&#32626;&#12290;&#22312;&#31805;&#35330;&#21332;&#35696;&#26178;&#65292;&#38920;&#23559;&#24050;&#31805;&#32626;&#30340;&#19968;&#20221;&#21332;&#35696;&#25688;&#35352;&#65292;&#36899;&#21516;&#26412;&#25774;&#35201;&#19968;&#20221;&#32102;&#20104;&#20511;&#27454;&#20154;&#12290;&#35442;&#25688;&#35352;&#38920;&#36617;&#26377;&#35442;&#23447;&#36024;&#27454;&#30340;&#35443;&#30433;&#32048;&#21063;&#65292;&#21253;&#25324;&#36996;&#27454;&#26781;&#27454;&#12289;&#20445;&#35657;&#24418;&#24335;&#21450;&#21033;&#29575;&#12290;&#19981;&#31526;&#21512;&#19978;&#36848;&#35215;&#23450;&#30340;&#21332;&#35696;&#19981;&#24471;&#20104;&#20197;&#24375;&#21046;&#22519;&#34892;&#65292;&#38500;&#38750;&#27861;&#24237;&#20449;&#32013;&#19981;&#24375;&#21046;&#22519;&#34892;&#35442;&#21332;&#35696;&#20006;&#19981;&#20844;&#24179;&#12290;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 4.6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
18 sets out the requirements relating to loans made by a money lender. Every agreement for a loan must be put into writing and
signed by the borrower within 7 days of making the agreement and before the money is lent. A copy of the signed note of the agreement
must be given to the borrower, with a copy of this summary, at the time of signing. The signed note must contain full details
of the loan, including the terms of repayment, the form of security and the rate of interest. An agreement which does not comply
with the requirements will be unenforceable, except where a court is satisfied that it would be unjust not to enforce it.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 4.6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 4.6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#26412;&#26781;&#20363;&#31532;19&#26781;&#35330;&#23450;&#65292;&#22914;&#20511;&#27454;&#20154;&#25552;&#20986;&#26360;&#38754;&#35201;&#27714;&#21450;&#23601;&#26377;&#38364;&#38283;&#25903;&#32780;&#25903;&#20184;&#35330;&#26126;&#36027;&#29992;&#28207;&#24163;&#21313;&#20116;&#20803;&#65292;&#21063;&#25918;&#20661;&#20154;&#38920;&#23559;&#35442;&#20511;&#27454;&#20154;&#22312;&#36024;&#27454;&#21332;&#35696;&#19979;&#30070;&#26178;&#30340;&#20661;&#21209;&#24773;&#27841;(&#21253;&#25324;&#24050;&#36996;&#27454;&#38917;&#12289;&#21040;&#26399;&#25110;&#21363;&#23559;&#21040;&#26399;&#30340;&#27454;&#38917;&#21450;&#21033;&#29575;)&#30340;&#32080;&#31639;&#26360;&#27491;&#26412;&#21450;&#21103;&#26412;&#19968;&#20221;&#32102;&#20104;&#20511;&#27454;&#20154;&#12290;&#20511;&#27454;&#20154;&#38920;&#22312;&#35442;&#32080;&#31639;&#26360;&#30340;&#21103;&#26412;&#19978;&#31805;&#35387;&#25991;&#23383;&#65292;&#34920;&#31034;&#24050;&#32147;&#25910;&#21040;&#35442;&#32080;&#31639;&#26360;&#30340;&#27491;&#26412;&#65292;&#20006;&#23559;&#32147;&#22914;&#27492;&#31805;&#35387;&#30340;&#35442;&#32080;&#31639;&#26360;&#21103;&#26412;&#20132;&#22238;&#35442;&#25918;&#20661;&#20154;&#12290;&#25918;&#20661;&#20154;&#21063;&#38920;&#22312;&#33287;&#35442;&#32080;&#31639;&#26360;&#26377;&#38364;&#30340;&#21332;&#35696;&#25345;&#32396;&#26399;&#38291;&#20445;&#30041;&#35442;&#20221;&#24050;&#20132;&#22238;&#30340;&#32080;&#31639;&#26360;&#21103;&#26412;&#12290;&#22914;&#25918;&#20661;&#20154;&#19981;&#29031;&#36774;&#65292;&#21363;&#23660;&#29359;&#32618;&#12290;&#22914;&#20511;&#27454;&#20154;&#25552;&#20986;&#26360;&#38754;&#35201;&#27714;&#65292;&#25918;&#20661;&#20154;&#20134;&#38920;&#20379;&#32102;&#33287;&#35442;&#23447;&#36024;&#27454;&#26377;&#38364;&#25110;&#33287;&#20445;&#35657;&#26377;&#38364;&#30340;&#20219;&#20309;&#25991;&#20214;&#30340;&#21103;&#26412;&#12290;&#20294;&#19978;&#36848;&#35201;&#27714;&#65292;&#19981;&#24471;&#22312;&#19968;&#20491;&#26376;&#20839;&#25552;&#20986;&#36229;&#36942;&#19968;&#27425;&#12290;&#25918;&#20661;&#20154;&#22914;&#28961;&#20805;&#20998;&#29702;&#30001;&#32780;&#27794;&#26377;&#36981;&#29031;&#26412;&#27573;&#25152;&#36848;&#30340;&#35201;&#27714;&#36774;&#29702;&#65292;&#21063;&#19981;&#24471;&#25910;&#21462;&#22312;&#35442;&#31561;&#35201;&#27714;&#27794;&#26377;&#29031;&#36774;&#26399;&#38291;&#30340;&#21033;&#24687;&#12290;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 4.6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
19 provides that a money lender must, if requested in writing and on payment of the prescribed fee HKD 15 for expenses, give the
original and a copy of a written statement of a borrower&rsquo;s current position under a loan agreement, including how much has
been paid, how much is due or will be due, and the rate of interest. The borrower must endorse on the copy of the statement words
to the effect that he has received the original of the written statement and return the copy as so endorsed to the money lender.
The money lender must retain the copy of the statement so returned during the continuance of the agreement to which that statement
relates. If the money lender does not do so he commits an offence. The money lender must also, upon a request in writing, supply
a copy of any document relating to the loan or security. But a request cannot be made more than once per month. Interest is not
payable for so long as the money lender, without good reason, fails to comply with any request mentioned in this paragraph.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 4.6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#26412;&#26781;&#20363;&#31532;20&#26781;&#35330;&#23450;&#65292;&#38500;&#38750;&#20445;&#35657;&#20154;&#20134;&#26159;&#20511;&#27454;&#20154;&#65292;&#21542;&#21063;&#38920;&#22312;&#21332;&#35696;&#20316;&#20986;&#24460;&#30340;7&#22825;&#20839;&#65292;&#32102;&#20104;&#20445;&#35657;&#20154;&#19968;&#20221;&#24050;&#31805;&#32626;&#30340;&#21332;&#35696;&#25688;&#35352;&#12289;&#19968;&#20221;&#20445;&#35657;&#25991;&#26360;(&#22914;&#26377;&#30340;&#35441;)&#21450;&#35443;&#21015;&#38920;&#25903;&#20184;&#27454;&#38917;&#32317;&#38989;&#30340;&#32080;&#31639;&#26360;&#12290;&#22914;&#20445;&#35657;&#20154;&#22312;&#20219;&#20309;&#26178;&#38291;&#25552;&#20986;&#26360;&#38754;&#35201;&#27714;(&#19981;&#24471;&#22312;&#19968;&#20491;&#26376;&#20839;&#36229;&#36942;&#19968;&#27425;)&#65292;&#25918;&#20661;&#20154;&#38920;&#32102;&#20104;&#20182;&#19968;&#20221;&#24050;&#31805;&#32626;&#20006;&#35443;&#21015;&#24050;&#25903;&#20184;&#27454;&#38917;&#32317;&#38989;&#21450;&#23578;&#27424;&#27454;&#38917;&#32317;&#38989;&#30340;&#32080;&#31639;&#26360;&#12290;&#25918;&#20661;&#20154;&#22914;&#28961;&#20805;&#20998;&#29702;&#30001;&#32780;&#27794;&#26377;&#36981;&#29031;&#36774;&#29702;&#65292;&#21063;&#19981;&#24471;&#22312;&#35442;&#38917;&#35201;&#27714;&#27794;&#26377;&#29031;&#36774;&#26399;&#20839;&#24375;&#21046;&#22519;&#34892;&#35442;&#38917;&#20445;&#35657;&#12290;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
20 provides that the surety, unless he is also the borrower, must within 7 days of making the agreement be given a copy of the
signed note of the agreement, a copy of the security instrument (if any) and a statement with details of the total amount payable.
The money lender must also give the surety, upon request in writing at any time (but not more than once per month) a signed statement
showing details of the total sum paid and remaining to be paid. The security is not enforceable for so long as the money lender,
without good reason, fails to comply.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#26412;&#26781;&#20363;&#31532;21&#26781;&#35330;&#23450;&#65292;&#20511;&#27454;&#20154;&#20197;&#26360;&#38754;&#36890;&#30693;&#24460;&#65292;&#21487;&#38568;&#26178;&#23559;&#36024;&#27454;&#21450;&#35336;&#31639;&#33267;&#36996;&#27454;&#26085;&#26399;&#28858;&#27490;&#30340;&#21033;&#24687;&#20767;&#36996;&#65292;&#25918;&#20661;&#20154;&#19981;&#24471;&#22240;&#20511;&#27454;&#20154;&#25552;&#26089;&#36996;&#27454;&#32780;&#24501;&#25910;&#36611;&#39640;&#21033;&#29575;&#12290;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
21 provides that a borrower may at any time, on giving written notice, repay a loan together with interest to the date of repayment,
and no higher rate of interest may be charged for early repayment.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#25918;&#20661;&#20154;&#22914;&#26159;&#36001;&#25919;&#21496;&#26681;&#25818;&#12298;&#25918;&#20661;&#20154;&#26781;&#20363;&#12299;&#31532;33A(4)&#26781;&#20197;&#25010;&#22577;&#20844;&#21578;&#35469;&#21487;&#30340;&#25918;&#20661;&#20154;&#25110;&#35469;&#21487;&#30340;&#31038;&#22296;&#30340;&#25104;&#21729;&#65292;&#21063;&#19978;&#36848;&#26781;&#25991;&#19981;&#36969;&#29992;&#12290;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">This
provision, however, will not apply where the money lender is recognized, or is a member of an association recognized, by the Financial
Secretary by notice in the Gazette in force under section 33A(4) of the Ordinance.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 4.6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 4.6pt; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 4.6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#26412;&#26781;&#20363;&#31532;22&#26781;&#36848;&#26126;&#65292;&#20219;&#20309;&#36024;&#27454;&#21332;&#35696;&#22914;&#35330;&#23450;&#38920;&#25903;&#20184;&#35079;&#21033;&#25110;&#35330;&#23450;&#19981;&#20934;&#20197;&#20998;&#26399;&#26041;&#24335;&#20767;&#36996;&#36024;&#27454;&#65292;&#22343;&#23660;&#38750;&#27861;&#12290;&#27492;&#22806;&#65292;&#20219;&#20309;&#36024;&#27454;&#21332;&#35696;&#22914;&#35330;&#23450;&#21040;&#26399;&#32780;&#26410;&#25903;&#20184;&#30340;&#27454;&#38917;&#38920;&#25910;&#21462;&#36611;&#39640;&#21033;&#29575;&#65292;&#20134;&#23660;&#38750;&#27861;&#65292;&#20294;&#35442;&#21332;&#35696;&#21487;&#35330;&#23450;&#65292;&#26410;&#20767;&#36996;&#30340;&#26412;&#37329;&#37096;&#20998;&#21450;&#21033;&#24687;&#38920;&#25910;&#21462;&#21934;&#21033;&#65292;&#20294;&#21033;&#29575;&#19981;&#24471;&#36229;&#36942;&#22312;&#27794;&#26377;&#25302;&#27424;&#30340;&#24773;&#27841;&#19979;&#38920;&#25903;&#20184;&#30340;&#21033;&#29575;&#65307;&#20294;&#22914;&#27861;&#24237;&#20449;&#32013;&#65292;&#35442;&#21332;&#35696;&#22914;&#22240;&#19981;&#31526;&#21512;&#26412;&#26781;&#35215;&#23450;&#32780;&#25104;&#28858;&#38750;&#27861;&#20006;&#19981;&#20844;&#24179;&#65292;&#21063;&#21487;&#23459;&#24067;&#35442;&#20221;&#38750;&#27861;&#21332;&#35696;&#20840;&#37096;&#25110;&#37096;&#20998;&#21512;&#27861;&#12290;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
22 states that a loan agreement is illegal if it provides for the payment of compound interest, or provides that a loan may not
be repaid by instalments. A loan agreement is also illegal if it charges a higher rate of interest on amounts due but not paid,
although it may provide for charging simple interest on that part of the principal and interest outstanding at a rate not exceeding
the rate payable apart from any default. The illegal agreement may, however, be declared legal in whole or in part by a court
if the court is satisfied that it would be unjust if the agreement were illegal because it did not comply with this section.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#26412;&#26781;&#20363;&#31532;23&#26781;&#36848;&#26126;&#65292;&#22914;&#25918;&#20661;&#20154;&#22312;&#35330;&#31435;&#36024;&#27454;&#21332;&#35696;&#26178;&#25110;&#25509;&#21463;&#36024;&#27454;&#20445;&#35657;&#26178;&#20006;&#26410;&#38936;&#26377;&#29260;&#29031;&#65292;&#21063;&#33287;&#35442;&#25918;&#20661;&#20154;&#35330;&#31435;&#30340;&#36024;&#27454;&#21332;&#35696;&#21450;&#32102;&#20104;&#20182;&#30340;&#20445;&#35657;&#19981;&#24471;&#24375;&#21046;&#22519;&#34892;&#65307;&#20294;&#22914;&#27861;&#24237;&#20449;&#32013;&#65292;&#35442;&#21332;&#35696;&#25110;&#20445;&#35657;&#22914;&#22240;&#26412;&#26781;&#35215;&#23450;&#32780;&#19981;&#33021;&#24375;&#21046;&#22519;&#34892;&#20006;&#19981;&#20844;&#24179;&#65292;&#21063;&#21487;&#23459;&#24067;&#35442;&#21332;&#35696;&#25110;&#20445;&#35657;&#30340;&#20840;&#37096;&#25110;&#37096;&#20998;&#21487;&#20104;&#24375;&#21046;&#22519;&#34892;&#12290;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
23 declares that a loan agreement with a money lender and any security given for the loan will not be enforceable if the money
lender was unlicensed at the time of making the agreement or taking the security. The loan agreement or security may, however,
be declared enforceable in whole or in part by a court if the court is satisfied that it would be unjust if the agreement or security
were unenforceable by virtue of this section.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&#12298;&#25918;&#20661;&#20154;&#26781;&#20363;&#12299;&#31532;IV&#37096;&#25774;&#35201;
&#9472; &#36942;&#39640;&#21033;&#29575;</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Summary
of Part IV of the Money Lenders Ordinance - Excessive Interest Rates</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#26412;&#26781;&#20363;&#31532;24&#26781;&#37328;&#23450;&#20219;&#20309;&#36024;&#27454;&#30340;&#26368;&#39640;&#23526;&#38555;&#21033;&#29575;&#28858;&#24180;&#24687;60%(&ldquo;&#23526;&#38555;&#21033;&#29575;&rdquo;&#38920;&#25353;&#29031;&#26412;&#26781;&#20363;&#38468;&#34920;2&#35336;&#31639;)&#20219;&#20309;&#36024;&#27454;&#21332;&#35696;&#22914;&#35330;&#23450;&#26356;&#39640;&#30340;&#23526;&#38555;&#21033;&#29575;&#65292;&#21063;&#19981;&#24471;&#24375;&#21046;&#22519;&#34892;&#65292;&#32780;&#25918;&#20661;&#20154;&#20134;&#21487;&#34987;&#27298;&#25511;&#12290;&#27492;&#26368;&#39640;&#21033;&#29575;&#21487;&#30001;&#31435;&#27861;&#26371;&#20104;&#20197;&#35722;&#26356;&#65292;&#20294;&#24050;&#23384;&#22312;&#30340;&#21332;&#35696;&#21063;&#19981;&#21463;&#24433;&#12290;&#23565;&#26044;&#21521;&#32371;&#36275;&#27454;&#32929;&#26412;&#19981;&#23569;&#26044;&#28207;&#24163;1,000,000&#20803;&#30340;&#20844;&#21496;&#20316;&#20986;&#30340;&#36024;&#27454;&#25110;&#20316;&#20986;&#22914;&#27492;&#36024;&#27454;&#30340;&#20154;&#65292;&#26412;&#26781;&#20006;&#19981;&#36969;&#29992;&#12290;&nbsp;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
24 fixes the maximum effective rate of interest on any loan at 60% per annum (the &ldquo;effective rate&rdquo; is to be calculated
in accordance with the Second Schedule to the Ordinance). A loan agreement providing for a higher effective rate will be unenforceable
and the lender will be liable to prosecution. This maximum rate may be changed by the Legislative Council but not so as to affect
existing agreements. The section does not apply to any loan made to a company which has a paid up share capital of not less than
$1000000 or, in respect of any such loan, to any person who makes that loan.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#26412;&#26781;&#20363;&#31532;25&#26781;&#35330;&#23450;&#65292;&#22312;&#24375;&#21046;&#22519;&#34892;&#36024;&#27454;&#21332;&#35696;&#25110;&#24375;&#21046;&#22519;&#34892;&#36024;&#27454;&#20445;&#35657;&#30340;&#27861;&#24237;&#27861;&#24459;&#31243;&#24207;&#20013;&#65292;&#25110;&#22312;&#20511;&#27454;&#20154;&#26412;&#20154;&#25110;&#20445;&#35657;&#20154;&#26412;&#20154;&#21521;&#27861;&#24237;&#30003;&#35531;&#28639;&#21161;&#26178;&#65292;&#27861;&#24237;&#21487;&#26597;&#23519;&#35442;&#21332;&#35696;&#30340;&#26781;&#27454;&#65292;&#20197;&#35222;&#35442;&#31561;&#26781;&#27454;&#26159;&#21542;&#26997;&#20043;&#19981;&#20844;&#24179;&#25110;&#21033;&#29575;&#36942;&#39640;(&#23526;&#38555;&#21033;&#29575;&#22914;&#36229;&#36926;&#24180;&#24687;48%&#25110;&#31435;&#27861;&#26371;&#25152;&#35330;&#30340;&#20854;&#20182;&#21033;&#29575;&#65292;&#21363;&#21487;&#21934;&#24977;&#35442;&#29702;&#30001;&#32780;&#25512;&#23450;&#35442;&#21033;&#29575;&#36942;&#39640;)&#65292;&#32780;&#27861;&#24237;&#22312;&#39015;&#21450;&#25152;&#26377;&#24773;&#27841;&#24460;&#65292;&#21487;&#23559;&#35442;&#21332;&#35696;&#30340;&#26781;&#27454;&#26356;&#25913;&#65292;&#20351;&#20854;&#23565;&#21332;&#35696;&#21508;&#26041;&#22343;&#20844;&#24179;&#12290;&#23565;&#26044;&#21521;&#32371;&#36275;&#27454;&#32929;&#26412;&#19981;&#23569;&#26044;&#28207;&#24163;1,000,000&#20803;&#30340;&#20844;&#21496;&#20316;&#20986;&#30340;&#36024;&#27454;&#25110;&#20316;&#20986;&#22914;&#27492;&#36024;&#27454;&#30340;&#20154;&#65292;&#26412;&#26781;&#20006;&#19981;&#36969;&#29992;&#12290;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section
25 provides that where court proceedings are taken to enforce a loan agreement or security for a loan or where a borrower or surety
himself applies to a court for relief, the court may look at the terms of the agreement to see whether the terms are grossly unfair
or exorbitant (an effective rate of interest exceeding 48% per annum or such other rate as is fixed by the Legislative Council,
may be presumed, on that ground alone, to be exorbitant), and, taking into account all the circumstances, it may alter the terms
of the agreement in such a manner as to be fair to all parties. The section does not apply to any loan made to a company which
has a paid up share capital of not less than $1000000 or, in respect of any such loan, to any person who makes that loan.</FONT></P>

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

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

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