AGREEMENT TO ASSIGN VOTING RIGHTS PROXY AGREEMENT

Exhibit 10.5

AGREEMENT TO ASSIGN VOTING RIGHTS PROXY AGREEMENT

This Agreement To Assign Voting Rights Proxy Agreement (this “Agreement”) is dated April 30, 2020, and is entered into in Nantong, People’s Republic of China (“PRC” or “China”) by and among:

Party A: Shengrong Environmental Protection Technology (Wuhan) Co., Ltd.

Address: Xx. 0 Xxxxxxx Xxxx, Xxxxxxx Xxxxxxxx, Xxxxx Xxxx, XXX;

Party B: Tongrong Technology (Jiangsu) Co., Ltd.

Address: Xxxx 00000, Building 21(22), Xx.0000 Xxxxxx Xxxxxx, Xxxxxxxxxxx Xxxxxxxx, Xxxxxxx, Xxxxxxx Xxxxxxxx, XXX;

Party C: Jiangsu Rong Hai Electric Power Fuel Co., Ltd.

Address: 102, Building 29, Xingfu New Town, Gangzha Distrct, Nantong, Jiangsu Province, PRC

Party D: The undersigned shareholders of Party C.

RECITALS

(1) Each Party A and Party B is a wholly foreign owned enterprise incorporated under the PRC laws;

(2) Party C is a company incorporated under the PRC laws;

(3) Party A, Party C and Party D entered in a Voting Rights Proxy Agreement dated November 30, 2018 (the “Voting Agreement”).

(4) Party A determined that the rights and obligations of Party A under Voting Agreement be assigned to Party B, and Party B agrees to such assignment.

NOW THEREFORE, the Parties agree as follows:

1. ASSIGNMENT OF VOTING AGREEMENT

1.1 Party A hereby transfers the Voting Agreement and assigns all rights and obligations under Voting Agreement to Party B, and Party B hereby accepts such assignment and transfer (the “Assignment”).

1.2 Party C and Party D hereby acknowledge this Assignment.

1.3 Pursuant to the foregoing Assignment, the Parties agree that the Voting Agreement is hereby amended to replace and substitute Party A with Party B.

2. GENERAL

2.1 Except as expressly set forth in this Agreement, the terms and provisions of the Voting Agreement shall continue unmodified and in full force and effect. In the event of any conflict between this Agreement and the Voting Agreement, this Agreement shall control.

2.2 This Agreement shall be executed in five (5) duplicate originals in both Chinese and English. Each Party shall receive one (1) duplicate original, and all originals shall be equally valid. In case of any discrepancies among the different languages, the Chinese version shall prevail.

[SIGNATURE PAGE FOLLOWS]

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[SIGNATURE PAGES]

IN WITNESS WHEREOF this Agreement is duly executed by each Party or its legal representatives.

PARTY A:	Shengrong Environmental Protection Technology (Wuhan) Co., Ltd.
	Legal/Authorized Representative:
	/s/ Xxxxx Xxxx
	Name: Xxxxx Xxxx
	Title: Executive Director
	Date: April 30, 2020
PARTY B:	Tongrong Technology (Jiangsu) Co., Ltd.
	Legal/Authorized Representative:
	/s/Xxxxx Xxx
	Name: Xxxxx Xxx
	Title: Executive Director
	Date: April 30, 2020
PARTY C:	Jiangsu Rong Hai Electric Power Fuel Co., Ltd.
	Legal/Authorized Representative:
	/s/ Xxxxxx Xxxxx
	Name: Xxxxxx Xxxxx
	Title: Executive Director
	Date: April 30, 2020

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签字页

PARTY D:

Shareholders of Jiangsu Rong Hai Electric Power Fuel Co., Ltd.

/s/ Xxxxxx Xxxxx

Name: Xxxxxx Xxxxx

Date: April 30, 2020

shareholders of Jiangsu Rong Hai Electric Power Fuel Co., Ltd.

/s/ Xxxxx Xxxx

Name: Xxxxx Xxxx

Date: April 30, 2020

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