On January 11, 2016, TravelSky Technology Ltd. entered into the SYX Software Implementation Agreement and the HAK Software Implementation Agreement with Hainan Cares, pursuant to which the company has agreed to provide to Hainan Cares software expansion and implementation service in relation to the departure system and security inspection information system for the Sanya Phoenix International Airport and the Haikou Meilan International Airport, respectively. An aggregate of RMB 3,614,000 (equivalent to approximately HKD 4,336,800) for the consideration of the provision and implementation of the relevant software. The consideration shall be paid by Hainan Cares to the company in three installments pursuant to the SYX Software Implementation Agreement.

An aggregate of RMB 4,670,000 (equivalent to approximately HKD 5,604,000) for the consideration of the provision and implementation of the relevant software. The consideration shall be paid by Hainan Cares to the company in three installments pursuant to the HAK Software Implementation Agreement.