Exhibit 10.20
SALES** **CONTRACT
June18,2026
SELLER
Cheetah** Net Supply Chain Service **Inc.
Address:8707ResearchDrive,Irvine,CA92618,USA
BUYER
HOLYWUD** (HK) TECHNOLOGY CO., **LIMITED
Address:[*]
SelleragreestosellandBuyeragreestopurchasetheGoodsdescribedherein,subjecttothetermsandconditionsset forth in this Contract.
| 1. | GOODS |
TheGoodsunderthisContractare12ftLEDlightstripswithIRController,inatotalquantityof100,000units.The description, quantity, unit price and amount are as follows:
| Item | Description | Qty. | Unit** **Price | Amount |
| LEDStrip | 12ftLEDlightstrip with IR Controller | 100,000 | USD2.08909 | USD208,909.00 |
| 2. | CONTRACT** **PRICE |
The total Contract Price is United States Dollars Two Hundred Eight Thousand Nine Hundred Nine Only (USD 208,909.00).Unlessotherwiseagreedinwriting,theContractPriceexcludestransportation,export,import,customs clearance, duties, insurance and other related costs borne by Buyer following EXW delivery.
| 3. | PAYMENT** TERMS AND AUTHORIZED COLLECTION **ACCOUNT |
Buyershallpay100%oftheContractPricebyT/Tpriortodelivery.Paymentshallbedeemedreceivedonlywhenthe full Contract Price has been irrevocably credited in immediately available funds to Seller’s designated collection account.Allremittance,intermediarybankandotherbankingchargesshallbebornebyBuyersothatthedesignated collection account receives the full Contract Price of USD 208,909.00 net of all such charges.
Sellerherebyauthorizesitssubsidiary,SuperInternationalTradingLimited,toreceiveallpaymentsunderthisContract on Seller’s behalf. Upon actual receipt of funds in the account designated below, Buyer shall be deemed to have fully dischargeditscorrespondingpaymentobligationtoSeller.Thiscollectionarrangementshallnotconstituteachangeof Seller, an assignment of this Contract, or a transfer of Seller’s obligations hereunder; Seller remains the contracting seller and remains responsible for its obligations under this Contract.
Authorized** Collection **Account
AccountName:[*]
Account No.: [*]
Bank: [*]
BankAddress:[*]
SWIFT:[*]
| 4. | DELIVERY** **TERM |
Delivery shall be EXW Seller’s designated warehouse in accordance with Incoterms® 2020. The specific place of deliveryshallbenotifiedbySellertoBuyerinwritingwhendeliveryisarranged.FollowingreceiptofthefullContract Price,SellershallmaketheGoodsavailabletoBuyeratthedesignatedplaceinaccordancewiththeagreeddelivery arrangements.
| 5. | DELIVERY,** TITLE AND **RISK |
Upon completion of delivery of the Goods in accordance withthe EXW term underthis Contract, the Goods shall be deemedacceptedbyBuyer,andtitletotheGoodsandallriskofloss,damageorothercasualtyshallsimultaneously
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passtoBuyer.Unlessotherwiseagreedinwriting,SellershallhavenoobligationtoloadtheGoodsontoBuyer’sorits carrier’s vehicle.
| 6. | INSPECTION** AND **ACCEPTANCE |
Buyermay,atitsowncost,conductareasonableinspectionoftheGoodspriortodelivery,eitherdirectlyorthrougha thirdparty.IfBuyeracceptsdeliverywithoutinspection,Buyershallbedeemedtohavewaiveditsrighttopre-delivery inspection. Completion of EXW delivery constitutes Buyer’s acceptance of the identity, quantity and reasonably apparent condition of the Goods at that time.
| 7. | QUALITY** AND **WARRANTY |
TheGoodsshallconformtotheproductdescriptionandspecificationsagreedbytheParties.Exceptforwarranties expressly set forth in this Contract or otherwise agreed by the Parties in writing, Seller makes no other express or implied warranties to the extent permitted by applicable law.
| 8. | BUYER’S** TRANSPORTATION AND TRADE **RESPONSIBILITIES |
Following completion of EXW delivery, Buyer shall arrange and bear responsibility for subsequent loading, transportation,export,import,customsclearance,duties,insuranceandallotherrelatedcostsandrisks,unless otherwise agreed in writing.
| 9. | FAILURE** BY BUYER TO **PAY |
IfBuyerfailstopaythefullContractPriceinaccordancewiththisContract,Sellermaysuspendpreparationordelivery oftheGoodsandmayterminatethisContractuponwrittennoticetoBuyer.UnlessSellerotherwiseconfirmsinwriting, the Goods shall not be deemed reserved for Buyer prior to Seller’s receipt of the full Contract Price.
| 10. | FORCE** **MAJEURE |
NeitherPartyshallbeliableforanyfailureordelayinperformancetotheextentcausedbyeventsbeyondits reasonable control, including natural disasters, fire, flood, war, governmentalaction, embargo, strikes, major transportation disruptions or other events that could not reasonably have been foreseen or avoided.
| 11. | GOVERNING** **LAW |
ThisContractandanynon-contractualobligationsarisingoutoforinconnectionwithitshallbegovernedbyand construed in accordance with the laws of the State of California, without regard to its conflict-of-laws principles.
| 12. | DISPUTE** **RESOLUTION |
Anydispute,controversy,orclaimarisingoutoforrelatingtothisContract,includingitsexistence,validity,interpretation, performance, breach, or termination, shall first be addressed through good-faith negotiations between the Parties. If the dispute cannot be resolved, each Party irrevocably submits to the exclusive jurisdiction of the state and federal courts located in Orange County, California, and waives any objection based on venue or forum non conveniens.
| 13. | ENTIRE** AGREEMENT AND **AMENDMENTS |
ThisContract,togetherwithanyannexesandwrittendocumentsexpresslyincorporatedherein,constitutestheentire agreement betweenthe Parties concerningthistransaction.Any amendment, supplement orwaiver shallbe made in writing and confirmed by authorized representatives of both Parties.
| 14. | LANGUAGE** AND **EFFECTIVENESS |
ThisContractisexecutedinEnglish.Electronicsignatures,scannedcopiesandelectronicallyexchangedsignature pages shall have the same effect as originals.
| 15. | SIGNATURES |
TheauthorizedrepresentativesofthePartieshaveexecutedthisContractasofthedatefirstwrittenabove.
| | SELLER | | BUYER | |||||
| | CheetahNetSupplyChainServiceInc. | | HOLYWUD (HK) TECHNOLOGY CO., LIMITED | |||||
| | | | | |||||
| | Authorized Representative: /s/ Huan Liu* * | | | Authorized Representative: /s/ Victoria Li* * | | |||
| | Date: * 06/18/2026** * | | | Date: * **19/06/2026 * | | |
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