
1. Brief introduction of Party A
2. Brief introduction of Party B
3. Brief introduction of the proposed transaction between the parties
4. The Parties agree that prior to the implementation of the Project, each party shall obtain all necessary approvals from within the Company to enter into a binding contract (hereinafter collectively referred to as the "Project Contract "). The specific terms of the project contract shall be agreed upon by both parties through negotiation.
5. Both parties hope to record the current status of the project through this Memorandum. The specific content of the project will be finalized by the project contract signed by both parties after subsequent negotiations.