Contract Date: 1 April 2023
Between:
| 1. | Web3hub Global Company Limited (hereinafter referred to as “Web3hub / the Company”) |
| 2. | G-Rocket Holdings Limited (hereinafter referred to as “G-Rocket”) |
| 3. | 吳傑莊 (Johnny Ng) (hereinafter referred to as “Johnny Ng”) |
Representations and Disclosures
The signing parties hereby confirm and represent:
| 1. | G-Rocket directly holds 80% of the shares of Web3hub and is the controlling shareholder of Web3hub. |
| 2. | Johnny Ng is the ultimate beneficial owner of Web3hub as of the contract date. |
| 3. | All parties have fully understood and are aware of the above shareholding and control relationships. |
| 4. | The transactions under this agreement constitute connected/related-party transactions. All parties confirm that the terms of these transactions are fair and reasonable and comply with all applicable laws, regulations and regulatory requirements. |
1: Purpose of the Agreement
This agreement aims to regulate the fund transfer, investment operations, and fiat currency conversion processes involving the G-Rocket OSL investment account, Web3hub, and Johnny Ng’s investment activities, in order to improve Web3hub’s cryptocurrency investment management system.
2: Fund Control and Transfer Authority
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