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FIRSTAMENDEDANDRESTATEDSHAREHOLDERSThisFIRSTAMENDEDANDRESTATEDSHAREHOLDERSAGREEMENT“Agreement”)isenteredintoonFebruary24,2014(the“EffectiveDate”),byandBoqiiHoldingLimited,anexempted orporatedandexistingundertheLawsoftheCaymanIslands(the“ BoqiiCorporationLimited,alimitedliability dulyorporatedundertheLawsof(the“HK”),欣橙（）信息科技 heng(Shanghai)InformationTechnology.),aforeigninvestedenterprise orporatedundertheLawsofthePRC(the.), establishedundertheLawsofthePRC(the“Domestic廣州浩盛信息科技(GuangzhouHaoshengInformationTechnology.), establishedundertheLawsofthePRC(“Guangzhou 銘雁貿(mào)易(ShanghaiMingyanTradeCo.,.),a underthelawsofthePRC(“ShanghaiMingyan”), 奧貝倫貿(mào)易(ShanghaiAobeilunTradeCo.,.),aestablishedunderthelawsofthePRC(“ShanghaiAobeilun”),eachoftheindividualsandtheirrespectiveholdingcompanieslistedonScheduleAattachedhereto(eachsuchindividual,a“Pripal”and,collectively,the“Pripals”,eachsuchholding ,a“Holding”and,collectively,the“HoldingeachoftheentitieslistedonPartAofScheduleBattachedhereto(eachsuchentityoritsrespectivepermittedassigneeandtransferee,a“SeriesAInvestor”and,collectively,the“SeriesAInvestors”),andeachoftheentitieslistedonPartBofScheduleBattachedhereto(eachsuchentityoritsrespectivepermittedassigneeandtransferee,a“SeriesBInvestor”and,collectively,the“SeriesBInvestors”,togetherwithSeriesAInvestors,eachan“Investor”,andcollectively,the“Investors”.).EachofthepartiestothisAgreementisreferredtohereinindividuallyasa“Party”andcollectivelyasthe“Parties”. holds100%equityinterestoftheHK,andtheHKowns100% capitaloftheWFOE. ,throughitsSubsidiaries,willengageinthewholesaleandretailingof s,food,treats,groomingproducts,healthcareproducts,medicines,toys,

accessoriesandprovisionofinformation,bookingservices,discountofrelevantofflinebusiness(O2Obusiness)inthePRC(collectively,the“Business”).TheseekpansioncapitaltogrowtheTheSeriesBInvestorshaveagreedtopurchasefromthe,andthehasagreedtoselltotheSeriesBInvestors,certainSeriesBPreferredSharesoftheonthetermsandconditionssetforthintheSeriesBPreferredSharePurchaseAgreementdatedFebruary7,2014byandamongthe,theHK,thePripals,theHoldingCompanies,theSeriesBInvestorsandcertainotherpartiesnamedtherein(the“PurchaseAgreement”).The,theSeriesAInvestorsandcertainotherpartiestheretoenteredintoaShareholdersAgreementdatedNovember19,2012(the“PriorAgreement”).ThePurchaseAgreementprovidesthattheexecutionanddeliveryofthisAgreementshallbeaconditionprecedenttotheClosing(asdefinedinthePurchaseAgreement).ThePartiesdesiretoamendandrestatethePriorAgreementbyenteringintothisAgreementandmaketherespectiverepresentations,warranties,covenantsandagreementssetforthhereinonthetermsandconditionssetforthherein.NOW,THEREFORE,onsiderationoftheforegoingrecitals,themutualpromiseshereinaftersetforth,andothergoodandvaluableconsideration,thereceiptandsufficiencyofwhichareherebyacknowledged,thePartiesintendingtobelegallyboundheretoherebyagreeasfollows:Thefollowingtermsshallhavethemeaningsascribedtothembelow:“AccountingStandards”meansgenerallyacceptedaccountingpriplesintheUnitedStates(“USGAAP”)orInternationalFinancialReportingStandardsaspromulgatedfromtimetotimebytheInternationalAccountingStandardsBoard(the“IASB”)(luding,withoutlimitation,standardsandinterpretationsapprovedbytheIASBandInternationalAccountingPriplesissuedunderpreviousconstitutionsthereof),togetherwiththeIASB’spronouncementsthereonfromtimetotime(“IFRS”),appliedonaconsistentbasis,tobeadoptedbythepursuanttothisAgreementandtheMemorandumandArticles.“Affiliate”means,withrespecttoa ,anyother that,directlyorindirectly,Controls,isControlledbyorisundercommonControlwithsuch .InthecaseofanInvestor,theterm“Affiliate”alsoludes(v)anyshareholderoftheInvestor,(w)anyofsuchshareholder’sorInvestor’sgeneralpartnersorlimitedpartners,(x)thefundmanagermanagingsuchshareholderorInvestor(andgeneralpartners,limitedpartnersandofficersthereof)andotherfundsmanagedbysuchfundmanager,(y)trustsControlledbyorforthebenefitofany referredtoin(v),(w)or(x),and(z)anyfundorholding formedforinvestmentpurposesthatispromoted,sponsored,managed,advisedorservicedbysuchInvestor(inthecaseofGS,such“Investor”mentionedinthissub-clause(z)shallalsoludeGoldmanSachsGroup,.)oranyofitsAffiliates.“ApplicableSecuritiesLaws”means(i)withrespecttoanyofferingofsecuritiesintheUnitedStates,oranyotheractoromissionwithinthatjurisdiction,thesecuritieslawsoftheUnitedStates,ludingtheExchangeActandtheSecuritiesAct,andanyapplicableLawofanystateoftheUnitedStates,and(ii)withrespecttoanyofferingofsecuritiesinanyjurisdictionotherthantheUnitedStates,oranyrelatedactoromissioninthatjurisdiction,theapplicableLawsofthatjurisdiction.“Associate”means,withrespecttoany,(1)acorporationororganization(otherthantheGroupCompanies)ofwhichsuchisanofficerorpartneroris,directlyorindirectly,thebeneficialowneroftenpercent(10%)ormoreofanyclassofEquitySecuritiesofsuchcorporationororganization,(2)anytrustorotherestateinwhichsuchhasasubstantialbeneficialinterestorastowhichsuchservesastrusteeorinasimilarcapacity,or(3)anyrelativeorspouseofsuch,oranyrelativeofsuchspouse.“Auditor”meanstheforthetimebeingperformingthedutiesofauditorofthe(ifany),who,unlessotherwiseapprovedbybothSeriesADirectorsandtheSeriesBDirector,shallbeoneofthe“BigFour”internationalaccountingfirms.“Board”or“BoardofDirectors”meanstheboardofdirectorsofthe.“BusinessDay”meansanydaythatisnotaSaturday,Sunday,legalholidayorotherdayonwhichcommerciasarerequiredorauthorizedbylawtobeclosedinthePRC,,NewYorkorSingapore.“CFC”meansacontrolledforeigncorporationasdefinedinthe s”means,withrespecttoaparticularlegalentity,thearticlesoroforporation,formationorregistration(luding,ifapplicable,sofchangeofname),memorandumofassociation,articlesofassociation,bylaws,articlesoforganization,limitedliability agreement,trustdeed,trustinstrument,operatingagreement,jointventureagreement,businesslicense,orsimilarorothererning,orcharters,or s,ofsuch“Circular75”meanstheNoticeonRelevantIssuesConcerningForeignExchangeAdministrationforDomesticResidentstoEngageinOverseasFinancingandRoundTripInvestmentviaOverseasSpecialPurposeCompanies(關(guān)于境內(nèi)居民通過特殊目的公司融資及返程投資外匯管理有關(guān)問題)issuedbySAFEonOctober21,2005,asamendedfromtimeto“Code”meanstheUnitedStatesInternalRevenueCodeof1986,asamended.“Commission”means(i)withrespecttoanyofferingofsecuritiesintheUnitedStates,theSecuritiesandExchangeCommissionoftheUnitedStatesoranyotherfederalagencythetimeadministeringtheSecuritiesAct,and(ii)withrespecttoanyofferingofsecuritiesinajurisdictionotherthantheUnitedStates,theregulatorybodyofthejurisdictionwithauthoritytosuperviseandregulatetheofferingorsaleofsecuritiesinthatjurisdiction.“Consent”meansanyconsent,approval,authorization,waiver,permit,grant,franchise,concession,agreement,license,exemptionororderof,registration,,declarationorfilingwith,orreportornoticeto,any ,ludinganyernmentalAuthority.“Control”ofagivenmeansthepowerorauthority,whetherexercisedornot,todirectthebusiness,managementandpoliciesofsuch,directlyorindirectly,whetherthroughtheownershipofvotingsecurities,bycontractorotherwise;provided,thatsuchpowerorauthorityshallconclusivelybepresumedtoexistuponpossessionofbeneficialownershiporpowertodirectthevoteofmorethanfiftypercent(50%)ofthevotesentitledtobecastatameetingofthemembersorshareholdersofsuchorpowertocontrolthecompositionofamajorityofthofdirectorsofsuch.Theterms“Controlled”and“Controlling”havemeaningscorrelativetotheforegoing.“Controls”hasthemeaningsetforthinthePurchaseAgreement.“ConversionShares”meansOrdinarySharesissuableuponconversionofanysharesofthe“DeemedLiquidationEvent”meansanyofthefollowingevents:(i)anyconsolidation,amalgamation,schemeofarrangementormergerofanyGroup withorintoanyotherorotherreorganizationinwhichtheshareholdersofsuchGroup priortosuchconsolidation,amalgamation,merger,schemeofarrangementorreorganizationownlessthanfiftypercent(50%)ofsuchGroup’svotingpowerintheaggregate yaftersuchconsolidation,merger,amalgamation,schemeofarrangementorreorganization,oranytransactionorseriesofrelatedtransactionstowhichsuchGroupisapartyortargetinwhichinexcessoffiftypercent(50%)ofsuchGroup’svotingpoweristransferred;(ii)asale,transfer,leaseorotherdispositionofallorsubstantiallyalloftheassetsofanyGroup(oranyseriesofrelatedtransactionsresultinginsuchsale,transfer,leaseorotherdispositionofallorsubstantiallyalloftheassetsofsuchGroup );or(iii)theexclusivelicensingofallorsubstantiallyallofanyGroup’sInlectualPropertytoathirdparty.“Director”meansadirectorservingonth“EquitySecurities”means,withrespecttoanythatisalegalentity,anyandallsharesofcapitalstock,membershipinterests,units,profitsinterests,ownershipinterests,equityinterests,capital,andotherequitysecuritiesofsuch,andanyright,warrant,option,call,commitment,conversionprivilege,preemptiverightorotherrighttoacquireanyoftheforegoing,orsecurityconvertibleinto,exchangeableorexercisableforanyoftheforegoing.“ExchangeAct”meanstheUnitedStatesSecuritiesExchangeActof1934,as“Founder”meanseachofHaoLiang(),withPRCIDnumber,YingzhiTang( 之),withPRCIDnumberofandDiChen(),withPRCIDnumberof “FormF-3”meansFormF-3promulgatedbytheCommissionundertheSecuritiesActoranysuccessorformorsubstantiallysimilarformthenineffect.“FormS-3”meansFormS-3promulgatedbytheCommissionundertheSecuritiesActoranysuccessorformorsubstantiallysimilarformthenineffect. ernmentalAuthority”means ernmentofanynationoranyproveorstateoranyotherpoliticalsubdivisionthereof,anyentity,authorityorbodyexercisingexecutive,legislative,judicial,regulatoryoradministrativefunctionsoforpertainingtoernment,ludinganyernmentalauthority,agency,department,board,commissionorinstrumentalityofthePRCoranyothercountry,oranypoliticalsubdivisionthereof,anycourt,tribunalorarbitrator,andanyself-regulatoryorganization.“ernmentalOrder”meansanyapplicableorder,ruling,decision,verdict,decree,writ,subpoena,mandate,precept,command,directive,consent,approval,award,judgment,injunctionorothersimilardeterminationorfindingby,beforeorunderthesupervisionofanyernmentalAuthority.he ,.( 銘雁貿(mào)易“Group”meanseachofthe ,t,theWFOE,Shanghaihe ,.( 銘雁貿(mào)易

e),ShanghaiAobeilunTradeCo.,.( 貿(mào)易),GuangzhouHaosheng,togetherwitheachSubsidiaryofanyoftheforegoing,and“Group”referstoallofGroupCompaniescollectively.“Holders”meanstheholdersofRegistrableSecuritieswhoarepartiestothisAgreementfromtimetotime,andtheirpermittedtransfereesthat epartiestothisAgreementfromtimetotime. ”meanstheSpecialAdministrativeRegionofthePeople’sRepublicof “Indebtedness”ofanymeans,withoutduplication,eachofthefollowingof:(i)allindebtednessforborrowedmoney,(ii)allobligationsissued,undertakenorassumedasthedeferredpurchasepriceofpropertyorservices(otherthantradepayablesenteredintointheordinarycourseofbusiness),(iii)allreimbursementorpaymentobligationswithrespecttolettersofcredit,suretybondsandothersimilarinstruments,(iv)allobligationsevidencedbynotes,bonds,debenturesorsimilarinstruments,ludingobligationssoevidencedthatareurredinconnectionwiththeacquisitionofproperties,assetsorbusinesses,(v)allindebtednesscreatedorarisingunderanyconditionalsaleorothertitleretentionagreement,orurredasfinancing,ineithercasewithrespecttoanypropertyorassetsacquiredwiththeproceedsofsuchindebtedness(eventhoughtherightsandremediesofthesellerorbankundersuchagreementintheeventofdefaultarelimitedtorepossessionorsaleofsuchproperty),(vi)allobligationsthatarecapitalizedinaccordancewithAccountingStandards,(vii)allobligationsunderbanker’sacceptance,letterofcreditorsimilarfacilities,(viii)allobligationstopurchase,redeem,retire,defeaseorotherwiseacquireforvalueanyEquitySecuritiesofsuch ,(ix)allobligationsinrespectofanyinterestrateswap,hedgeorcapagreement,and(x)allguaranteesissuedinrespectoftheIndebtednessreferredtoinclauses(i)through(ix)aboveofanyother,butonlytotheextentoftheIndebtedness“IndemnificationAgreements”meanstheindemnificationagreementsenteredintobetweentheanditsDirectorsludingtheDirectorIndemnificationAgreementdatedFebruary24,2014byandbetweentheandtheSeriesBDirector.“InitiatingHolders”means,withrespecttoarequestdulymadeunderSection2.1orSection2.2toRegisnyRegistrableSecurities,theHoldersinitiatingsuchrequest.“InlectualProperty”meansanyandall(i)patents,patentrightsandthereforandreissues,reexaminations,continuations,continuations-in-part,divisions,andpatenttermextensionsthereof,(ii)inventions(whetherpatentableornot),discoveries,improvements,concepts,innovationsandindustrialmodels,(iii)anduncopyrights,copyrightregistrationsandapplications,maskworksandregistrationsandapplicationstherefor,author’srightsandworksofauthorship(ludingartwork,software,computerprograms,sourcecode,objectcodeandexecutablecode,firmware,developmenttools,files,recordsanddata,andrelatedation),(iv)URLs,websites,wgesandanypartthereof,(v)technicalinformation,know-how,tradesecrets,drawings,designs,designprotocols,specifications,proprietarydata,customerlists,databases,proprietaryprocesses,technology,formulae,andalgorithmsandotherinlectualproperty,(vi)tradenames,tradedress,s,names,servicemarks,logos,businessnames,andregistrationsandapplicationstherefor,and(vii)thegoodwillsymbolizedorrepresentedbytheforegoing,customerlistsandotherproprietaryinformationandcommon-lawrights.“IPO”meansthefirstfirmunderwrittenpublicofferingbytheofitsOrdinarySharespursuanttoaRegistrationStatementthatisfiledwithanddeclaredeffectivebyeithertheCommissionundertheSecuritiesActoranotherernmentalAuthorityforapublicofferinginajurisdictionotherthantheUnitedStates.“Law”or“Laws”meansanyandallprovisionsofanyapplicableconstitution,treaty,statute,law,regulation,ordinance,code,rule,orruleofcommonlaw,any approval,concession,grant,franchise,license,agreement,directive,requirement,orotherernmentalrestrictionoranysimilarformofdecisionof,ordeterminationby,oranyformallyissuedwritteninterpretationoradministrationofanyoftheforegoingby,anyernmentalAuthority,ineachcaseasamended,andanyandallapplicable“Lien”meansanyclaim,charge,easement,encumbrance,lease,covenant,securityinterest,lien,option,pledge,rightsofothers,orrestriction(whetheronvoting,sale,transfer,dispositionorotherwise),whetherimposedbycontract,understanding,law,equityor“MajorityPreferredHolders”means(i)theholdersofmorethantwo-thirds(2/3)ofthevotingpoweroftheoutstandingSeriesAPreferredSharesand/orOrdinarySharesconvertedtherefrom(votingtogetherasasingleclassandonanasconvertedbasis),and(ii)theholdersofmorethanfiftypercent(50%)ofthevotingpoweroftheoutstandingSeriesBPreferredSharesand/orOrdinarySharesconvertedtherefrom(votingtogetherasasingleclassandonanasconvertedbasis).“MemorandumandArticles”meanstheSecondAmendedandRestatedMemorandumofAssociationofthe andtheSecondAmendedandRestatedArticlesofAssociationofthe,aseaaybeamendedand/orrestatedfromtimetotime.“OrdinaryShareEquivalents”meansanyEquitySecuritywhichisbyitstermsconvertibleintoorexchangeableorexercisableforOrdinarySharesorothersharecapitalofthe,ludingwithoutlimitation,thePreferredShares.“OrdinaryShares”meansthe’sordinaryshares,parvalueUS$0.001 ”meansanyindividual,corporation,partnership,limitedproprietorship,association,limitedliability ,firm,trust,estateorotherenterpriseor“PFIC”meanspassiveforeign asdefinedinthe“PRC”meansthePeople’sRepublicof,butsolelyforthepurposesofthisAgreement,excluding,theMacauSpecialAdministrativeRegionandtheislandsof.“PreferredShares”meanstheSeriesAPreferredSharesandtheSeriesB“PriorPurchaseAgreement”meansthatcertainSeriesAPreferredShareAgreemententeredintobyandamongthe,theSeriesAInvestorsandcertainotherpartiesnamedthereinonOctober15,2012.“PublicOfficial”meansanyexecutive,official,oremployeeofaernmentalAuthority,politicalpartyormemberofapoliticalparty,politicalcandidate;executive,employeeorofficerofapublicinternationalorganization;ordirector,officeroremployeeoragentofawhollyownedorpartiallystate-ownedorcontrolledenterprise,ludingaPRCstate-ownedorcontrolledenterprise.“QualifiedIPO”meansafirmcommitmentunderwrittenpublicofferingoftheOrdinarySharesofthe(ordepositaryreceiptsordepositarysharesthereof)intheUnitedStatesontheNewYorkStockExchangeortheNASDAQGlobalMarketpursuanttoaneffectiveregistrationstatementundertheUnitedStatesSecuritiesActof1933,asamended,orontheMainBoardofStockExchangeoranotherinternationallyrecognizedstockexchangeapprovedbytheMajorityPreferredHolders,inanycase,withanofferingpriceofunderwritingcommissionsandexpenses)thatimpliesamarketcapitalizationoftheimmediaypriortosuchofferingofnotlessthanUS$300million,andthatresultsingrosscashproceedstotheofatleastUS$60million,orsuchalessmarketcapitalizationorgrosscashproceedsasunanimouslyapprovedbyth(ludingtheaffirmativevoteofbothSeriesADirectorsandtheSeriesBDirector).“RegistrableSecurities”means(i)theOrdinarySharesissuedorissuableuponconversionofthePreferredShares,(ii)anyOrdinarySharesissuedorissuableasadividendorotherdistributionwithrespectto,inexchangefor,orinrecementof,thesharesreferencedin(i)herein,and(iii)anyOrdinarySharesownedorhereafteracquiredbytheInvestors;excludinginallcases,however,anyoftheforegoingsoldbyainatransactionotherthananassignmentpursuanttoSection21.3.ForpurposesofthisAgreement,RegistrableSecuritiesshallceasetobeRegistrableSecuritieswhensuchRegistrableSecuritieshavebeendisposedofpursuanttoaneffectiveRegistrationStatement.“Registration”meansaregistrationeffectedbypreparingandfilingaRegistrationStatementandthedeclarationororderingoftheeffectivenessofthatRegistrationStatement;andtheterms“Register”and“”havemeanings itantwiththeforegoing.“RegistrationStatement”meansaregistrationstatementpreparedonFormF-1,F-3,S-1,orS-3undertheSecuritiesAct,oronanycomparableformonnectionwithregistrationinajurisdictionotherthantheUnitedStates.“RelatedParty”meansanyAffiliate,officer,director,supervisoryboardmember,employee,orholderofanyEquitySecurityofanyGroup,andanyAffiliateorAssociateofanyoftheforegoing.“SAFE”meanstheStateAdministrationofForeignExchangeofthe“SAFERulesandRegulations”meanscollectively,theCircular75andanyotherapplicableSAFErulesandregulations.“SecuritiesAct”meanstheUnitedStatesSecuritiesActof1933,as“SeriesAHolders”meanstheholdersofthethenoutstandingSeriesAPreferredSharesand/orOrdinarySharesconvertedtherefrom(votingtogetherasasingleclassandcalculatedonas-convertedbasis).“SeriesAPreferredShares”meanstheSeriesAPreferredSharesofthe,parvalueUS$0.001pershare,withtherightsandprivilegesassetforthintheMemorandumand“SeriesBHolders”meanstheholdersofthethenoutstandingSeriesBPreferredSharesand/orOrdinarySharesconvertedtherefrom(votingtogetherasasingleclassandcalculatedonas-convertedbasis).“SeriesBPreferredShares”meanstheSeriesBPreferredSharesofthe,parvalueUS$0.001pershare,withtherightsandprivilegesassetforthintheMemorandumand“Shareholder”meansaholderofany“Shares”meanstheOrdinarySharesandthePreferred“ShareSale”meansatransactionorseriesofrelatedtransactionsinwhicha,oragroupofrelateds,acquiresanyEquitySecuritiesofthe suchthat,immediayaftersuchtransactionorseriesofrelatedtransactions,such orgroupofrelatedsholdsEquitySecuritiesofthe representingmorethanfiftypercent(50%)oftheoutstandingvotingpowerofthe “Subsidiary”means,withrespecttoanygiven,anyother thatisControlleddirectlyorindirectlybysuchgiven. s”hasthemeaningsetforthinthePurchaseAgreement.“US”meanstheUnitedStatesofAmerica.“UnitedStates ”meansUnitedStates asdefinedinSection7701(a)(30)oftheCode.OtherDefinedTerms.ThefollowingtermsshallhavethemeaningsdefinedforsuchtermsintheSectionssetforthbelow:Additional Section Arbitration Section SectionCo-Sale Section Schedule SectionDomestic PreambleDrag-Along SectionDrag-Along SectionDragged SectionDrag SectionEffective Section7.3Exempt SectionExercising SectionFirstParticipation Section7.4 ScheduleGuangzhou Section21.5HKIAC Section21.5 Section ScheduleJAFCO Section SectionMoneyLaundering SectionMerchant SectionNew Section SectionOffered Section SectionOption SectionOrdinary SectionOtherRestriction SectionOversubscription Section7.4Partnership Section PreemptiveProRata SectionPreemptive SectionPermitted Section Prior Purchase Restricted SectionRights SectionRe-allotment SectionROFRProRata SectionSecond SectionSecondParticipation Section7.4SecondParticipation Section7.4Security SectionSelling SectionSubsidiary SectionSeriesA Section17.1SeriesA SeriesB Section17.1SeriesBFounders SectionSeriesB Section SectionTransfer SectionU.S. Section Section5.1 Interpretation.ForallpurposesofthisAgreement,exceptasotherwiseexpresslyhereinprovided,(i)thetermsdefinedinthisSection1shallhavethemeaningsassignedtotheminthisSection1andludethepluralaswellasthesingular,(ii)allaccountingtermsnototherwisedefinedhereinhavethemeaningsassignedundertheIFRS,(iii)allreferencesinthisAgreementtodesignated“Sections”andothersubdivisionsaretothedesignatedSectionsandothersubdivisionsofthebodyofthisAgreement,(iv)pronounsofeithergenderorneutershalllude,asappropriate,theotherpronounforms,(v)thewords“herein,”“hereof”and“hereunder”andotherwordsofsimilarimportrefertothisAgreementasawholeandnottoanyparticularSectionorothersubdivision,(vi)allreferencesinthisAgreementtodesignatedSchedules,ExhibitsandAppendicesaretotheSchedules,ExhibitsandAppendicesattachedtothisAgreement,(vii)referencestothisAgreement,anyother sandanyother shallbeconstruedasreferencestosuchasthesamemaybeamended,supplementedornovatedfromtimetotime,(viii)theterm“or”isnotexclusive,(ix)theterm“l(fā)uding”willbedeemedtobefollowedby“,butnotlimitedto,”(x)theterms“shall,”“will,”and“agrees”aremandatory,andtheterm“may”ispermissive,(xi)thephrase“directlyorindirectly”meansdirectly,orindirectlythroughoneormoreintermediatesorthroughcontractualorotherarrangements,and“directorindirect”hasthecorrelativemeaning,(xii)theterm“votingpower”referstothenumberofvotesattributabletotheShares(onanas-convertedbasis)inaccordancewiththetermsoftheMemorandumandArticles,(xiii)theheadingsusedinthisAgreementareusedforconvenienceonlyandarenottobeconsideredonstruingorinterpretingthisAgreement,(xiv)referencestolawsludeanysuchlawmodifying,re-enacting,extendingormadepursuanttothesameorwhichismodified,re-enacted,orextendedbythesameorpursuanttowhichthesameismade,and(xv)allreferencestodollarsorto“US$”aretocurrencyoftheUnitedStatesofAmericaandallreferencestoRMBaretocurrencyofthePRC(andeachshallbedeemedtoludereferencetotheequivalentamountinothercurrencies).DemandRegistrationOtherThanonFormF-3orFormS-DemandRightsoftheSeriesAHolders.SubjecttothetermsofthisAgreement,atanytimeorfromtimetotimeaftertheearlierof(i)thethird(3rd)oftheSecondClosing(asdefinedinthePriorPurchaseAgreement)or(ii)thedatethatissix(6)monthsaftertheconsummationoftheIPO,SeriesAHoldersholdingtwenty-fivepercent(25%)ormoreofthevotingpowerofthethenoutstandingRegistrableSecuritiesheldbyallSeriesAHoldersmayrequestinwritingthattheeffectaRegistrationofRegistrableSecurities(togetherwiththeRegistrableSecuritieswhichtheotherHolderselecttoludeinsuchRegistration)onanyinternationallyrecognizedexchangethatisreasonablyacceptabletosuchrequestingHolders.Uponreceiptofsucharequest,theshall(x)promptlygivewrittennoticeoftheproposedRegistrationtoallotherHolders(andallotherHoldershallhavetherighttojoinsuchRegistration)and(y)assoonaspracticable,useitsreasonablebesteffortstocausetheRegistrableSecuritiesspecifiedintherequest,togetherwithanyRegistrableSecuritiesofanyHolderwhorequestsinwritingtojoinsuchRegistrationwithinfifteen(15)daysafterthe’sdeliveryofwrittennotice,tobeand/orqualifiedforsaleanddistributioninsuchjurisdictionastheInitiatingHoldersmayrequest.Theshallbeobligatedtoconsummatenomorethanthree(3)RegistrationspursuanttothisSection2.1(i)thathavebeendeclaredandorderedeffective;providedthatiftheRegistrableSecuritiessoughttobe ludedintheRegistrationpursuanttothisSection2.1(i)arenotfully ludedintheRegistrationforanyreasonotherthansolelyduetotheactionorinactionoftheHoldersludingRegistrableSecuritiesinsuchRegistration,suchRegistrationshallnotbedeemedtoconstituteoneoftheRegistrationrightsgrantedpursuanttothisSection2.1(i).Fortheavoidanceofdoubt,SeriesBHolder’sjoiningaRegistrationinitiatedpursuanttothis2.1(i)shallnotbecounted ercisinganydemandRegistrationrightunderSectionDemandRightsoftheSeriesBHolders.SubjecttothetermsofthisAgreement,atanytimeorfromtimetotimeaftertheearlierof(i)the (4th)oftheClosing