SECOO

SEC Filings

Form F-1
SECOO HOLDING LTD filed this Form F-1 on 08/25/2017
Document Outline
Entire Document (8869.7 KB)
Subdocument 1 - F-1 - F-1
Page 1 - As filed with the Securities and Exchange Commission on August 25, 2017
Page 2 - American Depositary Shares
Page 3 - N/A
Page 4 - TABLE OF CONTENTS
Page 5 - PROSPECTUS SUMMARY
Page 6 - Our Industry
Page 7 - Our Competitive Strengths
Page 8 - Recent Corporate Developments
Page 9 - N/A
Page 10 - Implications of Being an Emerging Growth Company
Page 11 - Enforceability of Civil Liabilities
Page 12 - N/A
Page 13 - THE OFFERING
Page 14 - N/A
Page 15 - N/A
Page 16 - N/A
Page 17 - SUMMARY CONSOLIDATED FINANCIAL DATA AND OPERATING DATA
Page 18 - Summary Operating Data
Page 19 - RISK FACTORS
Page 20 - We have incurred and in the future may continue to incur net losses and negative cash flow from oper
Page 21 - If we are unable to provide good customer experience, our business and reputation may be materially
Page 22 - We have a limited operating history with our current business model and business approach, which mak
Page 23 - We may incur liability or become subject to administrative penalties for counterfeit or unauthorized
Page 24 - Secoo.com
Page 25 - Our expansion into new product categories and new services may expose us to new challenges and more
Page 26 - If we fail to forecast customer demand or manage our inventory effectively, our results of operation
Page 27 - We use third-party delivery companies to deliver our products to customers. If these couriers fail t
Page 28 - Inability to obtain additional financing on commercially reasonable terms in the future may material
Page 29 - If our senior management is unable to work together effectively or efficiently or if we lose their s
Page 30 - We may be the subject of anti-competitive, harassing, or other detrimental conduct by third parties
Page 31 - The proper functioning of our technology platform is essential to our business. Any failure to maint
Page 32 - If we fail to adopt new technologies or adapt our website, mobile applications and systems to changi
Page 33 - The wide variety of payment methods that we accept subjects us to third-party payment processing-rel
Page 34 - Our delivery, return and exchange policies may adversely affect our results of operations.
Page 35 - We have granted options, and may continue to grant options, restricted share units and other types o
Page 36 - We may not be able to prevent others from unauthorized use of our intellectual property, which could
Page 37 - We have limited insurance coverage which could expose us to significant costs and business disruptio
Page 38 - We face risks related to natural disasters, health epidemics and other outbreaks, which could signif
Page 39 - If additional remedial measures are imposed on the Big Four PRC-based accounting firms, including ou
Page 40 - Risks Related to Our Corporate Structure
Page 41 - We rely on contractual arrangements with our variable interest entities and their shareholders for s
Page 42 - Substantial uncertainties exist with respect to the enactment timetable, interpretation and implemen
Page 43 - Any failure by our variable interest entities or their shareholders to perform their obligations und
Page 44 - The shareholders of our variable interest entities may have potential conflicts of interest with us,
Page 45 - We may rely on dividends and other distributions on equity paid by our PRC subsidiaries to fund any
Page 46 - Contractual arrangements in relation to our variable interest entities may be subject to scrutiny by
Page 47 - Risks Related to Doing Business in China
Page 48 - We are subject to consumer protection laws that could require us to modify our current business prac
Page 49 - Secoo.com
Page 50 - We may be required to register our operating offices outside of our registered addresses as branch o
Page 51 - Governmental control of currency conversion may limit our ability to utilize our revenues effectivel
Page 52 - The M A Rules and certain other PRC regulations establish complex procedures for some acquisitions o
Page 53 - N/A
Page 54 - Any failure to comply with PRC regulations regarding the registration requirements for employee stoc
Page 55 - Enhanced scrutiny over acquisitions by the PRC tax authorities may have a negative impact on potenti
Page 56 - The enforcement of the PRC Labor Contract Law and other labor-related regulations in the PRC may adv
Page 57 - The trading price of our ADSs may be volatile.
Page 58 - Because our initial public offering price is substantially higher than our net tangible book value p
Page 59 - You, as holders of ADSs, may have fewer rights than holders of our Class A ordinary shares and must
Page 60 - Your right to participate in any future rights offerings may be limited, which may cause dilution to
Page 61 - Since we are a Cayman Islands company, the rights of our shareholders may be more limited than those
Page 62 - The post-offering memorandum and articles of association that we expect to adopt and to become effec
Page 63 - We may be classified as a passive foreign investment company for U.S. federal income tax purposes, w
Page 64 - Passive Foreign Investment Company Rules
Page 65 - SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS
Page 66 - USE OF PROCEEDS
Page 67 - DIVIDEND POLICY
Page 68 - CAPITALIZATION
Page 69 - N/A
Page 70 - DILUTION
Page 71 - N/A
Page 72 - EXCHANGE RATE INFORMATION
Page 73 - ENFORCEABILITY OF CIVIL LIABILITIES
Page 74 - N/A
Page 75 - CORPORATE HISTORY AND STRUCTURE
Page 76 - N/A
Page 77 - Agreements that provide us with effective control over Beijing Secoo and Beijing Auction
Page 78 - Powers of Attorney.
Page 79 - Exclusive Option Agreement to Purchase Intellectual Properties.
Page 80 - SELECTED CONSOLIDATED FINANCIAL DATA
Page 81 - N/A
Page 82 - MANAGEMENT'S DISCUSSION AND ANALYSIS OF
Page 83 - Key Factors Affecting Our Results of Operations
Page 84 - Total number of orders.
Page 85 - N/A
Page 86 - Cost of revenues
Page 87 - General and administrative expenses.
Page 88 - N/A
Page 89 - Internal Control Over Financial Reporting
Page 90 - Results of Operations
Page 91 - Gross profit
Page 92 - Other income/(expenses)
Page 93 - Marketing expenses.
Page 94 - Selected Quarterly Results of Operations
Page 95 - Liquidity and Capital Resources
Page 96 - N/A
Page 97 - Operating activities
Page 98 - Contractual Obligations
Page 99 - Off-balance Sheet Commitments and Arrangements
Page 100 - Revenue Recognition
Page 101 - Revenue Recognition Multiple-Element Arrangements
Page 102 - Discount rates
Page 103 - Income taxes
Page 104 - Inventory (Topic 330)
Page 105 - Quantitative and Qualitative Disclosures about Market Risk
Page 106 - N/A
Page 107 - INDUSTRY OVERVIEW
Page 108 - Online Retail Market of Upscale Products and Services in China
Page 109 - Key Growth Drivers
Page 110 - Domestic Players Enjoy Dominant Positions in China
Page 111 - Source: Frost Sullivan Report
Page 112 - BUSINESS
Page 113 - COMPETITIVE STRENGTHS
Page 114 - Large and Loyal Customer Base with High Purchasing Power and Tremendous Cross-Selling Opportunities
Page 115 - Leveraging our Comprehensive Global Supply System to Optimize the Shopping Experience
Page 116 - Proprietary Business Intelligence System and Strong Data Analytics Capabilities
Page 117 - Strengthen Brand Relationships and Expand Products Offerings
Page 118 - OUR BUSINESS MODEL
Page 119 - Product recommendations
Page 120 - Omni-Channel Commerce Solutions
Page 121 - Product after-sales maintenance service.
Page 122 - PRODUCT OFFERINGS
Page 123 - AUTHENTICATION AND QUALITY CONTROL PROCEDURES
Page 124 - Logistics Network and Warehouse Management System
Page 125 - Supplier Selection
Page 126 - MARKETING
Page 127 - Website and mobile applications.
Page 128 - INTELLECTUAL PROPERTY
Page 129 - FACILITIES
Page 130 - REGULATION
Page 131 - secoo.com, secoo.cn, siku.cn
Page 132 - Auction License.
Page 133 - N/A
Page 134 - Regulations Relating to Product Quality and Consumer Protection
Page 135 - Regulations Relating to Pricing
Page 136 - Regulation on Intellectual Property Rights
Page 137 - Regulation on Employment
Page 138 - Regulations on Tax
Page 139 - Regulations Relating to Foreign Exchange
Page 140 - SAFE Regulations on Offshore Special Purpose Companies Held by PRC Residents
Page 141 - M A Rules and Overseas Listing
Page 142 - N/A
Page 143 - MANAGEMENT
Page 144 - Mr. Xian Chen
Page 145 - Mr. Eric Chan
Page 146 - Compensation Committee.
Page 147 - Terms of Directors and Officers
Page 148 - Compensation of Directors and Executive Officers
Page 149 - Termination and amendment.
Page 150 - PRINCIPAL SHAREHOLDERS
Page 151 - N/A
Page 152 - N/A
Page 153 - RELATED PARTY TRANSACTIONS
Page 154 - DESCRIPTION OF SHARE CAPITAL
Page 155 - General Meetings of Shareholders
Page 156 - Liquidation.
Page 157 - Anti-Takeover Provisions.
Page 158 - Differences in Corporate Law
Page 159 - Shareholders' Suits.
Page 160 - Shareholder Action by Written Consent.
Page 161 - Transactions with Interested Shareholders.
Page 162 - History of Securities Issuances
Page 163 - Liquidation preference.
Page 164 - Piggyback Registration Rights.
Page 165 - DESCRIPTION OF AMERICAN DEPOSITARY SHARES
Page 166 - Cash.
Page 167 - Deposit, Withdrawal and Cancellation
Page 168 - Record Dates
Page 169 - Reports and Other Communications
Page 170 - Payment of Taxes
Page 171 - Reclassifications, Recapitalizations and Mergers
Page 172 - How may the deposit agreement be terminated?
Page 173 - N/A
Page 174 - Disclosure of Interest in ADSs
Page 175 - Appointment
Page 176 - SHARES ELIGIBLE FOR FUTURE SALES
Page 177 - Rule 701
Page 178 - TAXATION
Page 179 - N/A
Page 180 - United States Federal Income Tax Considerations
Page 181 - Passive Foreign Investment Company Considerations
Page 182 - Sale or Other Taxable Disposition of our ADSs or Ordinary Shares
Page 183 - N/A
Page 184 - Backup Withholding and Information Reporting
Page 185 - UNDERWRITING
Page 186 - Determination of Offering Price
Page 187 - No Sales of Similar Securities
Page 188 - Electronic Distribution
Page 189 - Disclaimers About Non-U.S. Jurisdictions
Page 190 - Australia
Page 191 - European Economic Area
Page 192 - Japan
Page 193 - Singapore
Page 194 - Taiwan
Page 195 - EXPENSES RELATED TO THIS OFFERING
Page 196 - LEGAL MATTERS
Page 197 - EXPERTS
Page 198 - WHERE YOU CAN FIND ADDITIONAL INFORMATION
Page 199 - SECOO HOLDING LIMITED
Page 200 - REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
Page 201 - N/A
Page 202 - N/A
Page 203 - N/A
Page 204 - N/A
Page 205 - N/A
Page 206 - 1. Organization and principal activities
Page 207 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 208 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 209 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 210 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 211 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 212 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 213 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 214 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 215 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 216 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 217 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 218 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 219 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 220 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 221 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 222 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 223 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 224 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 225 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 226 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 227 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 228 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 229 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 230 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 231 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 232 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 233 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 234 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 235 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 236 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 237 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 238 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 239 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 240 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 241 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 242 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 243 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 244 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 245 - NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 246 - N/A
Page 247 - N/A
Page 248 - N/A
Page 249 - N/A
Page 250 - 1. Summary of Significant Accounting Policies
Page 251 - NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 252 - NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 253 - NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 254 - NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 255 - NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 256 - NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 257 - NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 258 - NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 259 - NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 260 - NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 261 - NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Page 262 - American Depositary Shares
Page 263 - PART II
Page 264 - ITEM 7. RECENT SALES OF UNREGISTERED SECURITIES.
Page 265 - ITEM 9. UNDERTAKINGS.
Page 266 - N/A
Page 267 - SIGNATURES
Page 268 - POWER OF ATTORNEY
Page 269 - N/A
Page 270 - SIGNATURE OF AUTHORIZED REPRESENTATIVE IN THE UNITED STATES
Page 271 - SECOO HOLDING LIMITED
Page 272 - N/A
Page 273 - N/A
Subdocument 2 - EX-3.1 - EX-3.1
Page 1 - Exhibit 3.1
Page 2 - EXEMPTED COMPANY
Page 3 - THE COMPANIES LAW
Page 4 - N/A
Page 5 - N/A
Page 6 - N/A
Page 7 - REGISTRATION OF SHARES
Page 8 - SHARES, AUTHORIZED CAPITAL, CAPITAL
Page 9 - TRANSFER OF SHARES
Page 10 - REDUCTION OR INCREASE IN AUTHORIZED CAPITAL OR CAPITAL
Page 11 - Automatic Conversion
Page 12 - provided further
Page 13 - Determination of Consideration.
Page 14 - Adjustments for Share Dividends, Subdivisions, Combinations or Consolidations of Ordinary Shares.
Page 15 - Miscellaneous.
Page 16 - Board Consent
Page 17 - N/A
Page 18 - MEETINGS AND CONSENTS OF
Page 19 - N/A
Page 20 - DIRECTORS
Page 21 - POWERS OF DIRECTORS
Page 22 - N/A
Page 23 - OFFICERS
Page 24 - N/A
Page 25 - ACCOUNTS AND AUDIT
Page 26 - NOTICES
Page 27 - N/A
Page 28 - REDEMPTION
Page 29 - Redemption
Page 30 - N/A
Page 31 - pari passui
Page 32 - CONTINUATION
Page 33 - SCHEDULE A
Page 34 - SCHEDULE B
Subdocument 3 - EX-4.4 - EX-4.4
Page 1 - Exhibit 4.4
Page 2 - Shanghai Secoo
Page 3 - IDG Funds
Page 4 - Preferred Share
Page 5 - Information Rights
Page 6 - Restated
Page 7 - REGISTRATION RIGHTS
Page 8 - SEC
Page 9 - Initiating Holders
Page 10 - Piggyback Registrations
Page 11 - Not Demand Registration
Page 12 - provided
Page 13 - Furnish Information
Page 14 - By Selling Holders
Page 15 - Contribution
Page 16 - Rule 144 Reporting
Page 17 - Termination
Page 18 - Procedures.
Page 19 - Failure to Exercise
Page 20 - Offered Shares
Page 21 - Transferred Shares
Page 22 - Preferred Share Selling Shareholder
Page 23 - Purchase Price and Payment
Page 24 - Preferred Share Co-Sale Pro Rata Portion
Page 25 - Right to Transfer
Page 26 - Aggregate Transfer Shares
Page 27 - Survival of Rights
Page 28 - Prohibited Transfers.
Page 29 - Guarantees by the Founders.
Page 30 - Acquisition
Page 31 - Redemption
Page 32 - Series D Redemption Price
Page 33 - Redemption Notice
Page 34 - Surrender of Certificates
Page 35 - Restriction on Distribution
Page 36 - Preferred C Share Issue Price
Page 37 - Liquidation Event
Page 38 - ASSIGNMENT AND AMENDMENT.
Page 39 - provided further
Page 40 - N/A
Page 41 - Board Consent.
Page 42 - ADDITIONAL COVENANTS.
Page 43 - CFC
Page 44 - Governing Law
Page 45 - Shareholders Agreement to Control
Page 46 - Effective Date
Page 47 - N/A
Page 48 - N/A
Page 49 - N/A
Page 50 - N/A
Page 51 - N/A
Page 52 - N/A
Page 53 - N/A
Page 54 - N/A
Page 55 - N/A
Page 56 - N/A
Page 57 - N/A
Page 58 - SCHEDULE A
Page 59 - SCHEDULE B
Page 60 - Part 3 - Schedule of Series B Preferred Shareholders
Page 61 - Part 5 - Schedule of Series D Preferred Shareholders
Page 62 - Part 6 - Schedule of Series E Preferred Shareholders
Page 63 - MOFCOM
Page 64 - EXHIBIT A
Page 65 - Notes:
Page 66 - EXHIBIT C
Subdocument 4 - EX-5.1 - EX-5.1
Page 1 - Exhibit 5.1
Page 2 - Certificate of Good Standing
Page 3 - N/A
Page 4 - Director s Certificate
Subdocument 5 - EX-10.1 - EX-10.1
Page 1 - Exhibit 10.1
Page 2 - Change in Control
Page 3 - Director
Page 4 - Employee
Page 5 - Ordinary Share
Page 6 - SAR
Page 7 - Administration Errors
Page 8 - Eligibility
Page 9 - Separate Programs
Page 10 - Taxes
Page 11 - Corporate Transactions and Changes in Control
Page 12 - Amendment, Suspension or Termination of the Plan
Page 13 - Drag-Along Events
Page 14 - SECOO HOLDING LIMITED By: /s/ LI Rixue Name: LI Rixue ( ) 15
Subdocument 6 - EX-10.3 - EX-10.3
Page 1 - Exhibit 10.3
Page 2 - Continuing Directors
Page 3 - (f)
Page 4 - N/A
Page 5 - (a)
Page 6 - (e)
Page 7 - (d)
Page 8 - (b)
Page 9 - [The remainder of this page is intentionally left blank.]
Page 10 - IN WITNESS WHEREOF, the parties have executed this Indemnification Agreement as of the date first wr
Subdocument 7 - EX-10.4 - EX-10.4
Page 1 - Exhibit 10.4
Page 2 - Competitor
Page 3 - Benefits
Page 4 - Trade Secrets
Page 5 - Inventions Retained and Licensed.
Page 6 - Return of Confidential Materials.
Page 7 - N/A
Page 8 - [Remainder of this page has been intentionally left blank.]
Page 9 - Schedule A
Page 10 - Schedule B
Subdocument 8 - EX-10.5 - EX-10.5
Page 1 - Exhibit 10.5
Page 2 - Pledge
Page 3 - N/A
Page 4 - N/A
Page 5 - N/A
Page 6 - N/A
Page 7 - CIETAC
Page 8 - Party C:
Page 9 - Attachments:
Page 10 - Attachment 1
Page 11 - Attachment 1
Page 12 - Attachment 2
Subdocument 9 - EX-10.6 - EX-10.6
Page 1 - Exhibit 10.6
Page 2 - Equity Interest Purchase Notice
Page 3 - N/A
Page 4 - N/A
Page 5 - N/A
Page 6 - N/A
Page 7 - CIETAC
Page 8 - Party B:
Page 9 - N/A
Page 10 - [Signature Page Follows]
Page 11 - Exclusive Option Agreement
Page 12 - Equity Interest Purchase Notice
Page 13 - N/A
Page 14 - N/A
Page 15 - N/A
Page 16 - N/A
Page 17 - CIETAC
Page 18 - Party B:
Page 19 - N/A
Page 20 - [Signature Page Follows]
Page 21 - IN WITNESS WHEREOF, the Parties have caused their authorized representatives to execute this Exclusi
Subdocument 10 - EX-10.7 - EX-10.7
Page 1 - Exhibit 10.7
Page 2 - Party A:
Page 3 - Power of Attorney Agreement
Page 4 - Party A:
Subdocument 11 - EX-10.8 - EX-10.8
Page 1 - Exhibit 10.8
Page 2 - N/A
Page 3 - N/A
Page 4 - N/A
Page 5 - CIETAC
Page 6 - Party A:
Page 7 - N/A
Page 8 - [Signature Page Follows]
Page 9 - N/A
Page 10 - Exhibit I
Subdocument 12 - EX-10.9 - EX-10.9
Page 1 - Exhibit 10.9
Page 2 - N/A
Page 3 - N/A
Page 4 - N/A
Page 5 - CIETAC
Page 6 - Party A:
Page 7 - [Signature Page Follows]
Page 8 - IN WITNESS WHEREOF, the Parties have caused their authorized representatives to execute this Exclusi
Subdocument 13 - EX-10.10 - EX-10.10
Page 1 - Exhibit 10.10
Page 2 - N/A
Page 3 - N/A
Page 4 - N/A
Page 5 - N/A
Page 6 - N/A
Page 7 - N/A
Page 8 - N/A
Page 9 - N/A
Page 10 - N/A
Page 11 - N/A
Page 12 - N/A
Page 13 - N/A
Page 14 - Pledgee
Page 15 - N/A
Page 16 - [The Remainder of This Page is Left Intentionally Blank]
Page 17 - Pledgee:
Page 18 - N/A
Page 19 - N/A
Page 20 - N/A
Page 21 - N/A
Page 22 - N/A
Page 23 - N/A
Page 24 - N/A
Page 25 - N/A
Page 26 - N/A
Page 27 - N/A
Page 28 - N/A
Page 29 - N/A
Page 30 - Pledgee
Page 31 - N/A
Page 32 - [The Remainder of This Page is Left Intentionally Blank]
Page 33 - IN WITNESS WHEREOF, the Parties have executed or caused their authorized representatives to execute
Subdocument 14 - EX-10.11 - EX-10.11
Page 1 - Exhibit 10.11
Page 2 - Option Granted
Page 3 - Steps for Exercise of the Equity Interest Purchase Option
Page 4 - Transfer of Optioned Interests
Page 5 - Payment
Page 6 - Covenants regarding Party
Page 7 - N/A
Page 8 - N/A
Page 9 - Covenants
Page 10 - N/A
Page 11 - N/A
Page 12 - N/A
Page 13 - Governing Law
Page 14 - Ku Tian Xia (Beijing) Information Technology Co., Ltd.
Page 15 - N/A
Page 16 - Amendments, changes, and supplements
Page 17 - Language
Page 18 - Survival
Page 19 - Party A:
Page 20 - Option Granted
Page 21 - Steps for Exercise of the Equity Interest Purchase Option
Page 22 - Transfer of Optioned Interests
Page 23 - Payment
Page 24 - Covenants regarding Party
Page 25 - N/A
Page 26 - N/A
Page 27 - Covenants
Page 28 - N/A
Page 29 - N/A
Page 30 - N/A
Page 31 - Governing Law
Page 32 - Ku Tian Xia (Beijing) Information Technology Co., Ltd.
Page 33 - Beijing Wo Mai Wo Pai Auction Co., Ltd.
Page 34 - Amendments, changes, and supplements
Page 35 - Language
Page 36 - Survival
Page 37 - IN WITNESS WHEREOF, the Parties have executed and caused their respective authorized representatives
Subdocument 15 - EX-10.12 - EX-10.12
Page 1 - Exhibit 10.12
Page 2 - N/A
Page 3 - Power of Attorney
Page 4 - N/A
Page 5 - This Power of Attorney is written in Chinese and English. The Chinese version and English version sh
Subdocument 16 - EX-10.13 - EX-10.13
Page 1 - Exhibit 10.13
Page 2 - N/A
Page 3 - N/A
Page 4 - N/A
Page 5 - N/A
Page 6 - N/A
Page 7 - N/A
Page 8 - N/A
Page 9 - N/A
Page 10 - N/A
Page 11 - N/A
Page 12 - N/A
Page 13 - Loan Agreement
Page 14 - N/A
Page 15 - N/A
Page 16 - N/A
Page 17 - N/A
Page 18 - N/A
Page 19 - N/A
Page 20 - N/A
Page 21 - N/A
Page 22 - N/A
Page 23 - N/A
Page 24 - N/A
Page 25 - IN WITNESS WHEREOF, the Parties have caused their authorized representatives to execute this Loan Ag
Subdocument 17 - EX-10.14 - EX-10.14
Page 1 - Exhibit 10.14
Page 2 - Services Provided by Party A
Page 3 - N/A
Page 4 - N/A
Page 5 - The Calculation and Payment of the Service Fee
Page 6 - Intellectual Property Rights and Confidentiality Clauses
Page 7 - Representations and Warranties
Page 8 - Term
Page 9 - Breach and Indemnification
Page 10 - Force Majeure
Page 11 - Notification
Page 12 - Party B:
Page 13 - Severability
Page 14 - [The Remainder of This Page is Left Intentionally Blank]
Page 15 - Party A:
Subdocument 18 - EX-10.15 - EX-10.15
Page 1 - Exhibit 10.15
Page 2 - with the provisions of the Original Agreement; the invalidity or unenforceability of any portion or
Subdocument 19 - EX-10.16 - EX-10.16
Page 1 - Exhibit 10.16
Page 2 - Miscellaneous
Page 3 - Party A: Ku Tian Xia (Beijing) Information Technology Co., Ltd. (SEAL)
Subdocument 20 - EX-10.17 - EX-10.17
Page 1 - Exhibit 10.17
Page 2 - Article 4
Page 3 - Article 6
Page 4 - Article 7 Security
Page 5 - Article 9 Representations and Warranties
Page 6 - Article 10 Default Events
Page 7 - N/A
Page 8 - Article
Page 9 - Article
Page 10 - Article
Page 11 - Supplement to the General Credit Contract
Page 12 - deposit pledged by the Pledgor (i.e. pledge rate). 16.6 As long as the credit line provided under th
Subdocument 21 - EX-10.18 - EX-10.18
Page 1 - Exhibit 10.18
Page 2 - Article 2 Coverage of Pledge Guarantee
Page 3 - Article 5 Cashing out of the Deposit Certificate
Page 4 - Article 8 Dispute Resolution
Page 5 - three
Page 6 - Appendix to
Subdocument 22 - EX-10.19 - EX-10.19
Page 1 - Exhibit 10.19
Page 2 - Article 2 Coverage of Pledge Guarantee
Page 3 - Article 4 Amendment of Principal Contract
Page 4 - Article 7 Additional Collateral
Page 5 - three
Subdocument 23 - EX-10.20 - EX-10.20
Page 1 - Exhibit 10.20
Page 2 - Article 2 Coverage of Pledge Guarantee
Page 3 - Article 4 Amendment of Principal Contract
Page 4 - Article 8 Dispute Resolution
Page 5 - three
Subdocument 24 - EX-10.21 - EX-10.21
Page 1 - Exhibit 10.21
Page 2 - Article 2 Coverage of Pledge Guarantee
Page 3 - Article 4 Amendment of Principal Contract
Page 4 - Article 8 Dispute Resolution
Page 5 - three
Subdocument 25 - EX-10.22 - EX-10.22
Page 1 - Exhibit 10.22
Page 2 - Article 2 Coverage of Pledge Guarantee
Page 3 - Article 4 Amendment of Principal Contract
Page 4 - Article 8 Dispute Resolution
Page 5 - three
Subdocument 26 - EX-10.23 - EX-10.23
Page 1 - Exhibit 10.23
Page 2 - Execution Page
Page 3 - Execution Page
Page 4 - SPECIAL PROVISION
Page 5 - Other Supplementary Stipulations (If Any)
Page 6 - N/A
Page 7 - N/A
Page 8 - GENERAL PROVISION
Page 9 - N/A
Page 10 - The Client acknowledges and agrees that unless otherwise stated in Part IV-Specification, the Facili
Page 11 - N/A
Page 12 - N/A
Page 13 - N/A
Page 14 - N/A
Page 15 - N/A
Page 16 - N/A
Page 17 - N/A
Page 18 - N/A
Page 19 - N/A
Page 20 - the Financing Bank, promptly pay all kinds of charges in relation to the business hereunder; and the
Page 21 - Entrusted Payment Method.
Page 22 - Independent Payment Method
Page 23 - N/A
Page 24 - In the case where any foreign currency exchange rate is to be used to calculate the amount for, or s
Page 25 - by the Client.
Page 26 - N/A
Page 27 - N/A
Page 28 - Entrusted Payment Method
Page 29 - type with contingent liability, then, upon the occurrence of the Event of Default any Client hereof
Page 30 - restriction or condition and free and clear of any tax or other deductions or withholdings of any na
Page 31 - allow such rate may be determined by means of negotiation between the lender and the borrower. then,
Page 32 - with
Page 33 - N/A
Page 34 - N/A
Page 35 - N/A
Page 36 - - End of General Provision -
Page 37 - Purpose
Page 38 - Entrusted Payment Method;
Page 39 - Repayment
Page 40 - N/A
Page 41 - SPD SILICON VALLEY BANK CO., LTD.
Page 42 - N/A
Page 43 - For Bank Only
Page 44 - Please be advised that the applicable interest rate above may fluctuate or be adjusted in accordance
Page 45 - ACCOUNT INFORMATION
Page 46 - Re Permitted Investments
Page 47 - Please indicate compliance status by circling Yes/No under Complies column.
Page 48 - Note: Financial covenants for 2017 will be revisited upon receipt and review of 2017 board-approved
Page 49 - COMPANY
Page 50 - COMPANY
Subdocument 27 - EX-10.24 - EX-10.24
Page 1 - Exhibit 10.24
Page 2 - CONTENTS
Page 3 - THIS DEED OF DEBENTURE
Page 4 - N/A
Page 5 - Successors and Assigns
Page 6 - Covenant to Pay
Page 7 - N/A
Page 8 - Conversion of Floating Charge to Fixed Charge
Page 9 - Representations and Warranties
Page 10 - Bring-Down of Representation and Warranty
Page 11 - N/A
Page 12 - Negative Undertakings
Page 13 - Control and registration of Chargor s Shares and Investments
Page 14 - Collection of dividends
Page 15 - Enforceability
Page 16 - Powers of Bank
Page 17 - N/A
Page 18 - No Restrictions on Power of Sale
Page 19 - General Indemnity
Page 20 - Enforcement of Bank s Rights
Page 21 - Continuing Obligations
Page 22 - Unrestricted Right of Enforcement
Page 23 - Counterparts
Page 24 - Law
Page 25 - SCHEDULE 1
Page 26 - N/A
Page 27 - SCHEDULE 3
Page 28 - N/A
Page 29 - N/A
Page 30 - I
Page 31 - N/A
Page 32 - N/A
Page 33 - II
Page 34 - N/A
Page 35 - N/A
Page 36 - N/A
Page 37 - N/A
Page 38 - address, it shall be deemed as received by the Guarantor. The Guarantor undertakes to forego all cla
Page 39 - N/A
Page 40 - N/A
Page 41 - I
Page 42 - or
Page 43 - II
Page 44 - N/A
Page 45 - N/A
Page 46 - N/A
Page 47 - N/A
Page 48 - N/A
Page 49 - address, it shall be deemed as received by the Guarantor. The Guarantor undertakes to forego all cla
Page 50 - N/A
Page 51 - I
Page 52 - N/A
Page 53 - N/A
Page 54 - II
Page 55 - Ordinary Course of Business,
Page 56 - Ordinary Course of Business,
Page 57 - Ordinary Course of Business,
Page 58 - N/A
Page 59 - Crystallization
Page 60 - Crystallization Event
Page 61 - The notification obligation of the Mortgagee shall be deemed being performed upon the occurrence of
Page 62 - N/A
Page 63 - debt without any prior notice; for the purpose of this Agreement, the Mortgagor confirms the Mortgag
Page 64 - N/A
Page 65 - N/A
Page 66 - - End of this Agreement -
Subdocument 28 - EX-10.25 - EX-10.25
Page 1 - Exhibit 10.25
Subdocument 29 - EX-10.26 - EX-10.26
Page 1 - Exhibit 10.26
Page 2 - N/A
Page 3 - N/A
Page 4 - TERMS AND CONDITIONS
Page 5 - UNQUOTE
Page 6 - QUOTE
Page 7 - UNQUOTE
Page 8 - QUOTE
Page 9 - QUOTE
Page 10 - UNQUOTE
Page 11 - UNQUOTE
Page 12 - N/A
Page 13 - Purpose
Page 14 - Repayment
Page 15 - Prepayment
Page 16 - QUOTE
Page 17 - N/A
Page 18 - N/A
Page 19 - UNQUOTE
Page 20 - Confirmed by the Security Provider(s)(if any):
Subdocument 30 - EX-10.27 - EX-10.27
Page 1 - Exhibit 10.27
Page 2 - N/A
Page 3 - I
Page 4 - May
Page 5 - Special stipulations on the preceding debts (please check the appropriate box if it s agreed by both
Page 6 - II
Page 7 - Ordinary Course of Business,
Page 8 - Ordinary Course of Business,
Page 9 - Ordinary Course of Business,
Page 10 - Crystallization
Page 11 - (Crystallization Event),
Page 12 - N/A
Page 13 - The notification obligation of the Mortgagee shall be deemed being performed upon the occurrence of
Page 14 - N/A
Page 15 - deduct corresponding amount directly (regardless of the currency and deposit term) in any account of
Page 16 - N/A
Page 17 - N/A
Page 18 - - End
Subdocument 31 - EX-10.28 - EX-10.28
Page 1 - Exhibit 10.28
Page 2 - N/A
Page 3 - I
Page 4 - May
Page 5 - Special stipulations on the preceding debts (please check the appropriate box if it s agreed by both
Page 6 - II
Page 7 - N/A
Page 8 - N/A
Page 9 - or
Page 10 - N/A
Page 11 - The originals of the said notices and requirements delivered via fax shall be sent to the Bank via e
Page 12 - - End of this Guarantee -
Page 13 - N/A
Page 14 - I
Page 15 - May
Page 16 - N/A
Page 17 - II
Page 18 - N/A
Page 19 - N/A
Page 20 - without the prior written consent of the Bank, the Guarantor hereof shall not increase its indebtedn
Page 21 - The originals of the said notices and requirements delivered via fax shall be sent to the Bank via e
Page 22 - - End of this Guarantee -
Subdocument 32 - EX-10.29 - EX-10.29
Page 1 - Exhibit 10.29
Page 2 - Purchased Shares
Page 3 - Section 1.3
Page 4 - Conditions to Company s Obligations to Effect the Closing
Page 5 - REPRESENTATIONS AND WARRANTIES
Page 6 - Due Issuance of the Purchased Shares
Page 7 - Material Adverse Effect
Page 8 - Section 2.2
Page 9 - Status and Investment Intent
Page 10 - Not U.S. Person
Page 11 - Section 4.2(b)
Page 12 - ARTICLE V
Page 13 - Section 5.6
Page 14 - Section 5.7
Page 15 - Section 5.15
Page 16 - N/A
Page 17 - N/A
Page 18 - Schedule I
Subdocument 33 - EX-10.30 - EX-10.30
Page 1 - Exhibit 10.30
Page 2 - Purchased Shares
Page 3 - Section 1.3
Page 4 - Conditions to Company s Obligations to Effect the Closing
Page 5 - REPRESENTATIONS AND WARRANTIES
Page 6 - Due Issuance of the Purchased Shares
Page 7 - Material Adverse Effect
Page 8 - Section 2.2
Page 9 - Status and Investment Intent
Page 10 - Offshore Transaction
Page 11 - Section 4.2(b)
Page 12 - Section 5.2
Page 13 - Section 5.6
Page 14 - Section 5.10
Page 15 - Section 5.15
Page 16 - N/A
Page 17 - IN WITNESS WHEREOF, the Parties have caused this Agreement to be executed as of the day and year fir
Subdocument 34 - EX-21.1 - EX-21.1
Page 1 - Exhibit 21.1
Subdocument 35 - EX-23.1 - EX-23.1
Page 1 - Exhibit 23.1
Subdocument 36 - EX-23.4 - EX-23.4
Page 1 - Exhibit 23.4
Subdocument 37 - EX-99.1 - EX-99.1
Page 1 - Exhibit 99.1
Page 2 - III.
Page 3 - Officer Affiliates
Page 4 - Disclosure of Conflicts of Interest
Page 5 - V.
Page 6 - VII.
Page 7 - VIII.
Page 8 - X.
Page 9 - XIV.
Subdocument 38 - EX-99.2 - EX-99.2
Page 1 - Exhibit 99.2
Page 2 - M A Rules
Page 3 - N/A
Page 4 - N/A
Page 5 - This opinion is intended to be used in the context which is specifically referred to herein and each