Debt Acknowledgement and Repayment Schedule AgreementDebt Acknowledgement and Repayment Schedule Agreement • November 29th, 2019 • ChinaCache International Holdings Ltd. • Services-computer processing & data preparation
According to the Framework Agreement on Transfer of 100% Equity Interest in Beijing Shuoge Technology Co., Ltd. between ChinaCache Xin Run Technology (Beijing) Co., Ltd. and People.cn Co., Ltd. dated December 29, 2017 (hereinafter the “Framework Agreement”) and the Agreement on Transfer of 100% Equity Interest in Beijing Shuoge Technology Co., Ltd. between ChinaCache Xin Run Technology (Beijing) Co., Ltd. and People.cn Co., Ltd. dated April 3, 2019 (hereinafter the “Transfer Agreement”), Party A has acquired 100% equity interest in Party B’s wholly owned subsidiary Beijing Shuoge Technology Co., Ltd. through the transfer, for which Party A had made an advance payment of the transfer price of RMB 325 million to Party B.
