Hongcheng Technology Development Co., Ltd
Signed at: Dalian
Party A : Dalian Dongcai Technology Development Co., Ltd
Address: No. 217, Jianshan Street, Shahekou District, Dalian
Party B : Hongcheng Technology Development Co., Ltd
Address: Fl.12, Capital Times Square, No. 88, West Chang’an Street, Beijing
The following agreement on the licensed right to use the relevant technological product provided by Party B to Party A was
entered into by the two parties upon friendly negotiation on the basis of reciprocity and mutual benefit:
Party B will receive the license fee of RMB 600,000 from Party A in one installment.
Party B will provide Party A with the licensed right to use their technological product with the independent intellectual
property rights and re-license right agreed to in this agreement.
Product and service
Product name (hereinafter the “Product”): Hongcheng Online Education Management System
Product function description:
Teaching process management
Teaching quality assessment
Period of licensed use and range of use:
The period for the right to use the Product under this agreement (including the updated Product) granted by Party B to
Party A is: 20 years, starting from the effective date of this agreement.
The range of the rights of Party A in regards to the Product (including the updated Product) under this agreement are: the
Product will be used by Party A to provide technical service for the Online Education College of Dongbei University of
Finance and Economics. Party A is entitled to customize and update the Product under this agreement, and license the
customized and updated Product to the Online Education College of Dongbei University of Finance and Economics to
use in its online education.