Supplementary Agreement
Exhibit 10.75
Supplementary Agreement
Party A (the Lender): Beijing Ambow Shengying Education and Technology Co., Ltd.
Party B (the Borrower): Suzhou Zhixinliren Investments Co., Limited
(Collectively as the “Parties”)
WHEREAS,
The Parties signed a loan agreement on April 5, 2017 and Party A agreed to provide a one-year interest-free loan of RMB 42,000,000 to Party B. After the signing of the loan agreement, Party A provided RMB 42,677,000 to Party B as the actual principal.
NOW THEREFORE, the parties agree as follows:
1. | The Parties agree to extend the term of such loan for additional year through April 4, 2019. |
2. | All other terms of the Agreement shall remain valid and in full force and effect. |
3. | This Supplementary Agreement shall come into force on the date of seal or signature by both parties. |
4. | This Supplementary Agreement is signed by two copies. Each party holds one copy. |
PARTY A: Beijing Ambow Shengying Education and Technology Co., Ltd. | |
Authorized Representative: | |
Signature: | /s/ |
Date: March 7, 2018 | |
Party B: Suzhou Zhixinliren Investments Co., Limited | |
Authorized Representative: | |
Signature: | /s/ |
Date: March 7, 2018 |