Loan Confirmation Agreement
Exhibit 10.7
Party A: Hangzhou Shuige Technology Co., Ltd.
Party B: Hangzhou Shanyou Medical Equipment Co., Ltd.
It is agreed by Party A and Party B that:
As of September 30, 2020, the balance due from Party A to Party B is RMB 1,635,000.00.
According to statistics, during the 12-month period from October 2020 to September 2021, Party B lent to Party A a total amount of RMB 76,590,000.00. Party B has repaid to Party A an aggregate amount of RMB 52,758,630.00. As of September 30, 2020, the balance due from Party A to Party B is RMB 25,466,370.00.
Party A hereby confirms that the aggregate amount of the loan is correct, and undertakes to repay the above loan in cash or other personal assets of equivalent value.
| Party A: Hangzhou Shuige Technology Co., Ltd. | Party B: Hangzhou Shanyou Medical Equipment Co., Ltd. |
| Seal: Hangzhou Shuige Technology Co., Ltd. | Seal: Hangzhou Shanyou Medical Equipment Co., Ltd. |
October 9, 2021
