Exhibit 10.19
LOAN AGREEMENT
Borrower: Shenzhen Building DreamStar Technology Ltd. (formerly known as Shenzhen Sky Star Business Incubator Co. , Ltd. before November 20, 2018 and hereinafter referred to as party A)
Legal Representative: Li Xiaohua
Lender: Shenzhen Skyscraper Star Enterprise Management Co., Ltd. (hereinafter referred to as party B)
Legal Representative: Li Houde
On the principle of equality, voluntariness and good faith, party A and party B have reached an agreement on the loan. This contract is hereby concluded for the Strict Observance and performance of both parties.
Both parties of the contract agree upon negotiation, and Party B will lend a total of RMB million to Party A (uppercase: million yuan).
Party A shall use the borrowed funds for operating funds.
| 3. | Interest rate and interests |
The interest rate of the loan under this contract shall be zero.
Party A shall repay the loan in installments with payment amount and schedules subject to Party A’s discretion based on its financials conditions and operating results.
Party A shall designate the following bank account number as the account number of the loan and guarantee its authenticity and effectiveness. Party B shall remit the money borrowed under this contract to this account.
Account name: Shenzhen Sky Star Business Incubator Co. , Ltd.
Bank: China Merchants Bank Shenzhen Branch
Account number:
| 6. | Other contractual matters |
None.
The matters not covered in this contract and the disputes arising from the performance of this contract shall be settled by both parties through negotiation. If no agreement can be reached, the disputes shall be under the jurisdiction of the People’s Court where the contract is signed.
This contract shall come into force on the day when it is signed by the Legal Representatives or entrusted agents of both parties and affixed with the company seal or the special seal of the contract.
This contract is in duplicate, and each party shall hold one copy.
| Borrower: Shenzhen Building DreamStar Technology Ltd. (Seal) | |
| Legal Representative: | /s/ Li Xiaohua | |
| Date: | |
| Lender: Shenzhen Skyscraper Star Enterprise Management Co. , Ltd. (Seal) |
| Legal Representative: | /s/ Li Houde | |
| Date: | |
Schedule of Material Differences
Both parties entered into multiple loan agreements under this form. Pursuant to Instruction ii to Item 601 of Regulation S-K, the registrant may only file this form as an exhibit with a schedule setting forth the material details in which the executed agreements differ from this form:
| No. | | Date of Agreement | | Amount Borrowed |
| 1 | | August 8, 2016 | | RMB2 million |
| 2 | | September 1, 2016 | | RMB1 million |
| 3 | | September 7, 2016 | | RMB1 million |
| 4 | | September 25, 2016 | | RMB1.5 million |
| 5 | | September 27, 2017 | | RMB1.5 million |
| 6 | | October 11, 2016 | | RMB1 million |
| 7 | | December 27, 2016 | | RMB5 million |
| 8 | | January 11, 2017 | | RMB5 million |
| 9 | | February 7, 2017 | | RMB10 million |
| 10 | | March 17, 2017 | | RMB8 million |
| 11 | | May 16, 2017 | | RMB10 million |
| 12 | | August 28, 2017 | | RMB25 million |
| 13 | | March 14, 2018 | | RMB10 million |
| 14 | | May 24, 2018 | | RMB8 million |
| 15 | | August 28, 2018 | | RMB10 million |
| 16 | | October 18, 2018 | | RMB90 million |
| Total | | | | RMB189 million |
