Representations and Warranties of Shanghai Yimi and Xxxxxxxx XX. As an inducement to the Company and Onesmart BVI (being as the sole shareholder of the Company) to enter into this Agreement and other Transaction Documents and to consummate the transactions contemplated hereby and thereby, Shanghai Yimi and Xxxxxxxx XX severally and jointly represent and warrant to the Company and Onesmart BVI, that each of the following statement is true, accurate, and not misleading as of the Execution Date and the Closing Date.
