EX-10.4
UTime Ltd
** **
NOTE: Certain identified information has been excluded from this exhibit and replaced with “[***]” because it is both (i) not material and (ii) the type of information the Company treats as private or confidential.
GRANT AGREEMENT
** **
UTIME Ltd.
** **
THIS GRANT AGREEMENT (“Grant Agreement”) is entered into as of the 17th day of September, 2026.
BETWEEN:
Utime Ltd., a company incorporated pursuant to the laws of the Cayman Islands
(the “Company”)
AND:
Li Donghong
(the “Participant”).
** **
WHEREAS:
A. The Company and the Participant previously entered into a Special Strategic Advisory Services Agreement dated September 8, 2026 (the “Services Agreement”), a copy of which is attached hereto as Exhibit A; and
B. Pursuant to the Services Agreement, the Participant agreed to provide certain strategic advisory services to the Company in exchange for compensation in the form of 600,000 shares of the Company’s Class A ordinary shares, $0.00000001 par value per share (“Ordinary Shares”); and
…