China Discovery Acquisition Corp.
2666 East Bayshore Road, Suite B
Palo Alto, California 94303
275 Madison Avenue
New York, New York 10016
The undersigned shareholder, officer and direc-tor of China Discovery Acquisition Corp.
(“Company”), in consideration of EarlyBirdCapital, Inc. (“EBC”) entering into a letter of intent (“Letter of Intent”)
to underwrite an initial public offering of the securities of the Company (“IPO”) and embarking on the IPO
process, hereby agrees as follows (certain capitalized terms used herein are defined in paragraph 14 hereof):
If the Company solicits approval of its shareholders of a Business Combination, the
undersigned will vote all Insider Shares owned by him (including those included within the Insider Units) in
accordance with the majority of the votes cast by the holders of the IPO Shares.
In the event that the Company fails to consummate a Business Combination within 24
months from the effective date (“Effective Date”) of the registration statement relating to the IPO, the undersigned
will (i) cause the Trust Fund (as defined in the Letter of Intent) to be liquidated and distributed to the holders of
IPO Shares and (ii) take all reasonable actions within his power to cause the Company to liquidate as soon as
reasonably practicable. The undersigned hereby waives any and all right, title, interest or claim of any kind in or to
any distribution of the Trust Fund and any remaining net assets of the Company as a result of such liquidation with
respect to his Insider Shares and shares underlying the Insider Units (“Claim”) and hereby waives any Claim the
undersigned may have in the future as a result of, or arising out of, any contracts or agreements with the Company
and will not seek recourse against the Trust Fund for any reason whatsoever. In the event of the liquidation of the
Trust Fund, the undersigned agrees to indemnify and hold harmless the Company against any and a