exhibit 10. 1 subscription intent agreement this subscription intent agreement ( the " agreement " ) is entered into by the following parties on july 14, 2018. party a : heilongjiang xinda enterprise group company limited, a limited liability company duly incorporated and existing under the laws of the people's republic of china with its registered address at no. 9, dalian north road, concentration area, haping road, economic development zone, harbin, heilongjiang. party b : changmu investment ( beijing ) co., ltd., a limited liability company duly incorporated and existing under the laws of people's republic of china with its registered address at suite 08a, 08b, 09a, 2201, floor 19, building 1, block 5, guanghua road, chaoyang district, beijing. party c : xinda holding ( hk ) company limited, a limited liability company duly incorporated and existing under the laws of hong kong with its registered address at room 3606, building 36, central center, no. 99 queen's road, central, hong kong. ( party a, party b, and party c shall be referred to individually as a party and collectively as the " parties " ) whereas, 1. party a is a limited liability company incorporated in harbin and existing under the laws of the people's republic of china with registered capital of rmb 336, 600, 000. 2. party b is a limited liability company incorporated in beijing and existing under the laws of the people's republic of china with registered capital of rmb 220, 000, 000. 3. party c is a company incorporated in hong kong and existing under the laws of hong kong holding 100 % of shares of party a. 4. all parties agree after amicable negotiation that party b shall inject rmb 500, 000, 000 ( " investment amount " ) into party a to subscribe for newly authorized registered capital of party a, the amount of which is to be determined ( the " transaction " ). after amicable negotiation, all parties hereby agree on parties'rights and obligations in the transaction as follows. i. payment of the investment amount party b wired the investment amount to a bank account designated by party a on june 29, 2018. ii. parties'rights and obligations 1. all parties hereby acknowledge and agree that party b is entitled to hold the investment amount until definitive investment agreements on the transaction, including but not limited to