SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

(Rule 13d-101)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO §240.13d–1(a) AND AMENDMENTS THERETO FILED

PURSUANT TO §240.13d–2(a)

Under the Securities Exchange Act of 1934

iDreamSky Technology Limited

(Name of Issuer)

Class A ordinary shares, par value US$0.0001 per share

(Title of Class of Securities)

45173K101**

(CUSIP Number)

Michael Xiangyu Chen

c/o iDreamSky Technology Limited

16/F, A3 Building, Kexing Science Park

15 Keyuan Road North, Nanshan District

Shenzhen, Guangdong, 518057

People’s Republic of China

(86) 755 8668 5111

With a copy to:

David T. Zhang

Jesse Sheley

Kirkland & Ellis

26th Floor, Gloucester Tower

The Landmark

15 Queen’s Road, Central

Hong Kong

(852) 3761 3300

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

December 31, 2015

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d–1(e), 240.13d–1(f) or 240.13d–1(g), check the following box.  ¨

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d–7 for other parties to whom copies are to be sent.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

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Preamble

This Statement on Schedule 13D (this “Schedule 13D”) supersedes the Statement on Schedule 13G, filed by Mr. Michael Xiangyu Chen (“Mr. Chen”), MICH Limited and Dream Data Services Limited (“Dream Data”) on February 13, 2015, relating to Class A ordinary shares of iDreamSky Technology Limited, a Cayman Islands company (the “Issuer”). This Schedule 13D is being filed as a result of the events described in Item 4 below.

The title and class of equity securities to which this Schedule 13D relates are the Class A ordinary shares (“Class A Shares”) (together with Class B ordinary shares, par value US$0.0001 per share (Class B Shares”), the “Ordinary Shares”), par value US$0.0001 per share, of the Issuer. The address of the principal executive offices of the Issuer is 16/F, A3 Building, Kexing Science Park, 15 Keyuan Road North, Nanshan District, Shenzhen, Guangdong, 518057, the People’s Republic of China.

The rights of the holders of Class A Shares and Class B Shares are identical, except with respect to conversion rights and voting rights. Each Class B Share is convertible at the option of the holder into one Class A Share. Each Class B Shares is entitled to ten votes, whereas each Class A Share is entitled to one vote.

The Issuer’s American Depositary Shares (the “ADSs”), evidenced by American Depositary Receipts, each representing four Class A Shares, are listed on the NASDAQ Global Select Market under the symbol “DSKY.”

(a) - (c), (f) This Statement is being filed by Mr. Chen, MICH Limited and Dream Data. Each of the foregoing is referred to as a “Reporting Person” and collectively as the “Reporting Persons.”

The Chairman is currently resident in, and a citizen of, the People’s Republic of China. His principal occupation is chief executive officer and chairman of the board of directors (the “Board”) of the Issuer. The business address of Mr. Chen is 16/F, A3 Building, Kexing Science Park, 15 Keyuan Road North, Nanshan District, Shenzhen, Guangdong, 518057, People’s Republic of China.

MICH Limited is solely engaged in investment holdings. Its registered office is Helvetia Court, South Esplanade, St. Peter Port, Guernsey. MICH Limited is 100% beneficially owned by Mr. Chen through a family trust.

Dream Data is solely engaged in investment holdings. The registered address of Dream Data is Trinity Chambers, P.O. Box 4301, Road Town, Tortola, British Virgin Islands. Dream Data is a British Virgin Islands company wholly-owned by MICH Limited, which is a Guernsey company wholly-owned by Mr. Chen through a family trust.

(d) - (e) During the last five years, none of the Reporting Persons has been: (i) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

The Reporting Persons entered into a Joint Filing Agreement on January 8, 2016 (the “Joint Filing Agreement”), pursuant to which they have agreed to file this Schedule 13D jointly in accordance with the provisions of Rule 13d-1(k)(1) under the Exchange Act. A copy of the Joint Filing Agreement is attached hereto as Exhibit 99.1.

It is anticipated that, at the price per ADS or per Ordinary Share set forth in the Merger Agreement (as described in Item 4 below), approximately US$390.9 million will be expended in acquiring (i) all of the outstanding Ordinary Shares other than Rollover Securities (as defined in Item 4 below), treasury shares and Class A Shares deposited with The Bank of New York Mellon and reserved for issuance upon exercise of outstanding options and vesting of restricted shares, and (ii) outstanding vested options in connection with the Merger (as defined in Item 4 below).

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It is anticipated that the funding for the Merger will be provided by a combination of debt and equity financing. Equity financing will be provided by the Equity Investors (as defined in Item 4 below) pursuant to the terms of the Equity Commitment Letters (as defined in Item 4 below). Debt financing will be provided by Shanghai Pudong Development Bank Co., Ltd., Shanghai Branch (the “Lender”) in the form of borrowings under certain credit facilities.

On December 31, 2015, the Issuer entered into an agreement and plan of merger (the “Merger Agreement”) with Dream Investment Holdings Limited, an exempted company incorporated with limited liability under the laws of the Cayman Islands (“Parent”) and Dream Merger Sub Limited, an exempted company incorporated with limited liability under the laws of the Cayman Islands (“Merger Sub”).

Pursuant to the Merger Agreement, Merger Sub will be merged with and into the Issuer (the “Merger”), with the Issuer surviving the Merger and becoming a wholly-owned subsidiary of Parent as a result of the Merger. At the effective time of the Merger (the “Effective Time”), each Ordinary Share (including Ordinary Shares represented by ADSs) issued and outstanding immediately prior to the Effective Time, other than (a) Ordinary Shares owned by (or represented by ADSs which are owned by) Dream Technology Holdings Limited, an exempted company incorporated with limited liability under the laws of the Cayman Islands (“Holdco”), Parent, Merger Sub or the Issuer (as treasury shares, if any) or by any direct or indirect wholly-owned subsidiary of Holdco, Parent, Merger Sub or the Issuer, (b) Ordinary Shares reserved (but not yet allocated) by the Issuer for settlement upon exercise or vesting of any options and restricted shares of the Issuer, (c) Ordinary Shares owned by shareholders who have validly exercised and have not effectively withdrawn or lost their right to dissent from the Merger under the Companies Law of the Cayman Islands (the “Dissenting Shares”), and (d) Rollover Securities (as defined below)(Ordinary Shares described under (a) through (d) above are collectively referred to herein as the “Excluded Shares”), will be cancelled and cease to exist in exchange for the right to receive US$3.50 in cash without interest. For the avoidance of doubt, because each ADS represents four Class A Shares, each ADS that is issued and outstanding immediately prior to the Effective Time (other than ADSs that represent Excluded Shares) shall represent the right to surrender the ADS in exchange for $14.00 in cash without interest. The Excluded Shares other than Dissenting Shares will be cancelled for no consideration. The Dissenting Shares will be cancelled for their fair value determined in accordance with the Companies Law of the Cayman Islands. The Merger is subject to the approval of the Issuer’s shareholders and various other closing conditions.

Concurrently with the execution of the Merger Agreement, Dream Data, Shipshape Holdings Limited, DT01 Holding International Limited, THL A19 Limited, Prometheus Capital (International) Co., Ltd., Ultimate Lenovo Limited, Redpoint Associates IV, L.L.C., Redpoint Ventures IV, L.P., LC Fund V, L.P. and LC Parallel Fund V, L.P. (collectively, the “Supporting Security holders”) entered into a support agreement with Holdco and Parent (the “Support Agreement”), pursuant to which (i) each of the Supporting Security holders has agreed to vote all Ordinary Shares held or to be held by it in favor of the authorization and approval of the Merger Agreement and the transactions contemplated thereby (the “Transactions”), including the Merger, and (ii) each of Dream Data Services Limited, DT01 Holding International Limited, THL A19 Limited and Prometheus Capital (International) Co., Ltd. (collectively, the “Rollover Security holders”) has agreed to have all Ordinary Shares, options and/or restricted shares held or to be held by it (collectively, the “Rollover Securities”) cancelled for no consideration in connection with the Merger.

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Concurrently with the execution of the Merger Agreement, each of Mr. Chen, Anfernee Song Guan, Kingsun (Shanghai) Investment Co., Ltd. , Beijing Junlianxinhai Private Equity Investment Partnership (Limited Partnership) , Ruipu Lehua (Tianjin) Investment Center (Limited Partnership) , Peking Pusi Investment Co., Ltd. , V Capital Company Limited , LT Prosperity (Tianjin) Asset Management Co., Ltd. , Jiaxing Yaming Investment Partnership (Limited Partnership) , Jiaxing Nuoxin Investment Partnership (Limited Partnership) , Fortune Wisdom Venture Capital Co., Ltd. , Newplus iDream Investment Partnership (Limited Partnership) , Shanghai Super Star Venture Capital Partners(Limited Partnership) , Guangxi Xi Hui He Ying Investment Management Partnership (Limited Partnership) , Shanghai Greenwoods Asset Management Limited , Shanghai Weiying Gefei Investment Management Ltd. , Hengqin Dream Yongtai Equity Investment Enterprise (Limited Partnership) and Hengqin Dream Ruitong Equity Investment Enterprise (Limited Partnership) (collectively, the “Equity Investors”, together with the “Rollover Security holders”, collectively, the “Investors”) entered into an interim investors agreement with Holdco, Parent and Merger Sub (the “Interim Investors Agreement”), which would govern, among other matters, the actions of Holdco, Parent and Merger Sub and the relationship among the Investors with respect to the Merger Agreement and the Transactions.

Concurrently with the execution of the Merger Agreement, each of the Equity Investors entered into an equity commitment letter (collectively, the “Equity Commitment Letters”) with Holdco and Parent, pursuant to which such Equity Investor undertook to make certain equity contributions (such Equity Investor’s “Equity Commitment”) to Holdco and Parent the proceeds of which will be used to fund the Transactions.

Concurrently with the execution of the Merger Agreement, each of the Equity Investors other than Hengqin Dream Yongtai Equity Investment Enterprise (Limited Partnership) entered into a limited guarantee (each a “Limited Guarantee”) with the Issuer to guarantee a portion of the Parent’s obligation to pay the Parent Termination Fee (as defined under the Merger Agreement) and certain other payment obligations of Parent in relation to the financing for the Merger.

Prior to the execution of the Merger Agreement, the Lender executed a debt commitment letter in favor of Merger Sub (the “Debt Commitment Letter”), pursuant to which the Lender has agreed, subject to the terms and conditions set forth therein, to make available to Merger Sub certain credit facilities immediately prior to the closing of the Transactions.

References to each of the Merger Agreement, the Support Agreement, the Interim Investors Agreement, the Equity Commitment Letters, the Limited Guarantees and the Debt Commitment Letter in this Schedule 13D are qualified in their entirety by reference to such above-mentioned documents, as applicable, which are attached hereto as exhibits and incorporated herein by reference as if set forth in their entirety herein.

If the Merger is completed, the ADSs would be delisted from the NASDAQ Global Select Market, and the Issuer’s obligation to file periodic reports under the Exchange Act, would terminate. In addition, consummation of the Transactions could result in one or more of the actions specified in clauses (a)-(j) of Item 4 of Schedule 13D, including the acquisition or disposition of securities of the Issuer, a merger or other extraordinary transaction involving the Issuer, a change to the board of directors of the Issuer (as the surviving company in the Merger), and a change in the Issuer’s memorandum and articles of association to reflect that the Issuer would become a privately held company.

(a) — (b) The following disclosure assumes that there are 103,761,433 Class A Shares (other than treasury shares but including Class A Shares deposited with the depositary and reserved for issuance upon exercise of outstanding options and vesting of restricted shares) and 81,446,120 Class B Shares (other than treasury shares) issued and outstanding as of December 31, 2015, as disclosed by the Issuer in the Merger Agreement.

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CUSIP No. 45173K101

With respect to each of the Reporting Persons, the cover pages of this Schedule 13D are incorporated herein by reference, as if set forth in their entirety. Each Reporting Person beneficially owns the Ordinary Shares in the aggregate 28,873,670 Ordinary Shares, which represents approximately 15.6% of the total outstanding Ordinary Shares (including Class A Shares represented by ADSs) and 31.4% of the voting power of the total outstanding Ordinary Shares (including Class A Shares represented by ADSs).

By virtue of their actions in respect of the Merger as described herein, the Reporting Persons may be deemed to constitute a “group” with the Investors and/or their respective affiliates within the meaning of Rule 13d-5(b) under the Exchange Act. Except as otherwise stated herein, each Reporting Person expressly disclaims any beneficial ownership of such shares held by each other Reporting Person.

(c) Except as set forth in Item 3 above and incorporated herein by reference, none of the Reporting Persons has effected any transactions in the Ordinary Shares or ADSs during the 60 days preceding the filing of this Schedule 13D.

(d) Not applicable.

(e) Not applicable.

The information set forth and/or incorporated by reference in Items 3, 4 and 7 is hereby incorporated by reference into this Item 6. To the best knowledge of the Reporting Persons, except as set forth herein, there are no contracts, arrangements, understandings or relationships (legal or otherwise), including, but not limited to, transfer or voting of any of the securities, finder’s fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies, between the persons enumerated in Item 2, and any other person, with respect to any securities of the Issuer, including any securities pledged or otherwise subject to a contingency the occurrence of which would give another person voting power or investment power over such securities other than standard default and similar provisions contained in loan agreements.

Exhibit 99.1 Joint Filing Agreement, dated January 8, 2016, between Michael Xiangyu Chen, MICH Limited and Dream Data Services Limited

Exhibit 99.2 Merger Agreement, incorporated by reference to Exhibit 99.2 to Form 6-K filed by the Issuer on December 31, 2015

Exhibit 99.3 Interim Investors Agreement

Exhibit 99.4 Support Agreement

Exhibit 99.5 Debt Commitment Letter, dated December 31, 2015 among Shanghai Pudong Development Bank Co., Ltd., Shanghai Branch as Mandated Lead Arranger, Shanghai Pudong Development Bank Co., Ltd., Shanghai Branch as Underwriter, and Merger Sub

Exhibit 99.6 Equity Commitment Letter, dated December 31, 2015 among Mr. Chen, Holdco and Parent

Exhibit 99.7 Equity Commitment Letter, dated December 31, 2015 among Anfernee Song Guan, Holdco and Parent

Exhibit 99.8 Equity Commitment Letter, dated December 31, 2015 among Kingsun (Shanghai) Investment Co., Ltd. , Holdco and Parent

Exhibit 99.9 Equity Commitment Letter, dated December 31, 2015 among Beijing Junlianxinhai Private Equity Investment Partnership (Limited Partnership) , Holdco and Parent

Exhibit 99.10 Equity Commitment Letter, dated December 31, 2015 among Ruipu Lehua (Tianjin) Investment Center (Limited Partnership) , Holdco and Parent

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Exhibit 99.11 Equity Commitment Letter, dated December 31, 2015 among Peking Pusi Investment Co., Ltd. , Holdco and Parent

Exhibit 99.12 Equity Commitment Letter, dated December 31, 2015 among V Capital Company Limited , Holdco and Parent

Exhibit 99.13 Equity Commitment Letter, dated December 31, 2015 among LT Prosperity (Tianjin) Asset Management Co., Ltd. , Holdco and Parent

Exhibit 99.14 Equity Commitment Letter, dated December 31, 2015 among Jiaxing Yaming Investment Partnership (Limited Partnership) , Holdco and Parent

Exhibit 99.15 Equity Commitment Letter, dated December 31, 2015 among Jiaxing Nuoxin Investment Partnership (Limited Partnership) , Holdco and Parent

Exhibit 99.16 Equity Commitment Letter, dated December 31, 2015 among Fortune Wisdom Venture Capital Co., Ltd. , Holdco and Parent

Exhibit 99.17 Equity Commitment Letter, dated December 31, 2015 among Newplus iDream Investment Partnership (Limited Partnership) , Holdco and Parent

Exhibit 99.18 Equity Commitment Letter, dated December 31, 2015 among Shanghai Super Star Venture Capital Partners (Limited Partnership) , Holdco and Parent

Exhibit 99.19 Equity Commitment Letter, dated December 31, 2015 among Guangxi Xi Hui He Ying Investment Management Partnership (Limited Partnership) , Holdco and Parent

Exhibit 99.20 Equity Commitment Letter, dated December 31, 2015 among Shanghai Greenwoods Asset Management Limited , Holdco and Parent

Exhibit 99.21 Equity Commitment Letter, dated December 31, 2015 among Shanghai Weiying Gefei Investment Management Ltd. , Holdco and Parent

Exhibit 99.22 Equity Commitment Letter, dated December 31, 2015 among Hengqin Dream Yongtai Equity Investment Enterprise (Limited Partnership) , Holdco and Parent

Exhibit 99.23 Equity Commitment Letter, dated December 31, 2015 among Hengqin Dream Ruitong Equity Investment Enterprise (Limited Partnership) , Holdco and Parent

Exhibit 99.24 Limited Guarantee, dated December 31, 2015 between Mr. Chen and the Issuer

Exhibit 99.25 Limited Guarantee, dated December 31, 2015 between Anfernee Song Guan and the Issuer

Exhibit 99.26 Limited Guarantee, dated December 31, 2015 between Kingsun (Shanghai) Investment Co., Ltd. and the Issuer

Exhibit 99.27 Limited Guarantee, dated December 31, 2015 between Beijing Junlianxinhai Private Equity Investment Partnership (Limited Partnership) and the Issuer

Exhibit 99.28 Limited Guarantee, dated December 31, 2015 between Ruipu Lehua (Tianjin) Investment Center (Limited Partnership) and the Issuer

Exhibit 99.29 Limited Guarantee, dated December 31, 2015 between Peking Pusi Investment Co., Ltd. and the Issuer

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Exhibit 99.30 Limited Guarantee, dated December 31, 2015 between V Capital Company Limited and the Issuer

Exhibit 99.31 Limited Guarantee, dated December 31, 2015 between LT Prosperity (Tianjin) Asset Management Co., Ltd. and the Issuer

Exhibit 99.32 Limited Guarantee, dated December 31, 2015 between Jiaxing Yaming Investment Partnership (Limited Partnership) and the Issuer

Exhibit 99.33 Limited Guarantee, dated December 31, 2015 between Jiaxing Nuoxin Investment Partnership (Limited Partnership) and the Issuer

Exhibit 99.34 Limited Guarantee, dated December 31, 2015 between Fortune Wisdom Venture Capital Co., Ltd. and the Issuer

Exhibit 99.35 Limited Guarantee, dated December 31, 2015 between Newplus iDream Investment Partnership (Limited Partnership) and the Issuer

Exhibit 99.36 Limited Guarantee, dated December 31, 2015 between Shanghai Super Star Venture Capital Partners (Limited Partnership) and the Issuer

Exhibit 99.37 Limited Guarantee, dated December 31, 2015 between Guangxi Xi Hui He Ying Investment Management Partnership (Limited Partnership) and the Issuer

Exhibit 99.38 Limited Guarantee, dated December 31, 2015 between Shanghai Greenwoods Asset Management Limited and the Issuer

Exhibit 99.39 Limited Guarantee, dated December 31, 2015 between Shanghai Weiying Gefei Investment Management Ltd. and the Issuer

Exhibit 99.40 Limited Guarantee, dated December 31, 2015 between Hengqin Dream Ruitong Equity Investment Enterprise (Limited Partnership) and the Issuer

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SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: January 8, 2016

[Signature Page to 13D]

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Exhibit 99.1

Joint Filing Agreement

In accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, each of the undersigned parties hereby agrees to file jointly the statement on Schedule 13D (including any amendments thereto) with respect to the ordinary shares, par value $0.0001 per share, of iDreamSky Technology Limited, a Cayman Islands company.

It is understood and agreed that each of the parties hereto is responsible for the timely filing of such statement and any amendments thereto, and for the completeness and accuracy of information concerning such party contained therein, but such party is not responsible for the completeness and accuracy of information concerning another party unless such party knows or has reason to believe such information is inaccurate. It is understood and agreed that a copy of this agreement shall be attached as an exhibit to the statement on Schedule 13D, and any amendments thereto, filed on behalf of the parties hereto.

This Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument.

[Remainder of this page has been left intentionally blank.]

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Signature Page

IN WITNESS WHEREOF, the undersigned hereby execute this Agreement as of January 8, 2016.

Exhibit 99.3

INTERIM INVESTORS AGREEMENT

This Interim Investors Agreement (this “Agreement”) is made as of December 31, 2015 by and among Dream Technology Holdings Limited, an exempted company with limited liability incorporated under the laws of the Cayman Islands (“Holdco”), Dream Investment Holdings Limited, an exempted company with limited liability incorporated under the laws of the Cayman Islands and wholly-owned subsidiary of Holdco (“Parent”), Dream Merger Sub Limited, an exempted company with limited liability incorporated under the laws of the Cayman Islands and wholly-owned subsidiary of Parent (“Merger Sub”), the Equity Investors (as defined below) and the Rollover Investors (as defined below). Capitalized terms used herein but not defined shall have the meanings given to them in the Merger Agreement (as defined below).

RECITALS

WHEREAS, on the date hereof, iDreamSky Technology Limited, an exempted company with limited liability incorporated under the laws of the Cayman Islands (the “Company”), Parent and Merger Sub, executed an Agreement and Plan of Merger (the “Merger Agreement”) pursuant to which Merger Sub will be merged with and into the Company (the “Merger”) with the Company surviving the Merger and becoming a wholly-owned subsidiary of Parent as a result of the Merger;

WHEREAS, on or prior to the date hereof, each of the parties listed on Schedule I hereto (each, an “Equity Investor” and collectively, the “Equity Investors”) executed a letter agreement in favor of Holdco and Parent (each, an “Equity Commitment Letter” and collectively, the “Equity Commitment Letters”), pursuant to which each of the Equity Investors has agreed, subject to the terms and conditions set forth therein, to make an equity investment (each, an “Equity Commitment”, and collectively, the “Equity Commitments”) in Holdco, immediately prior to the Closing in connection with the Merger;

WHEREAS, on or prior to the date hereof, [Shanghai Pudong Development Bank Co., Ltd., Shanghai Branch] (the “Lender”) executed a mandate letter in favor of Merger Sub (the “Debt Commitment Letter”), pursuant to which the Lender has agreed, subject to the terms and conditions set forth therein, to make available to Merger Sub the credit facility described therein (the “Debt Commitment”) immediately prior to the Closing in connection with the Merger;

WHEREAS, on the date hereof, each of the parties designated on the signature pages hereto as a “Rollover Investor” (collectively, the “Rollover Investors”, and together with the Equity Investors, the “Investors”) executed a support agreement in favor of Parent and Holdco (the “Support Agreement”), pursuant to which, each of the Rollover Investors has agreed to, subject to the terms and conditions set forth therein and among other obligations, (i) the cancellation of the Rollover Securities (as defined in the Support Agreement) held by such Rollover Investor for no consideration in the Merger (the cash-out value of such Rollover Securities in the Merger if such Rollover Securities were not designated as Rollover Securities and were cashed out in accordance with the terms of the Merger Agreement, each a “Rollover Commitment”, and the aggregate Rollover Commitments and Equity Commitments, collectively the “Commitments”), (ii) subscribe for newly issued ordinary shares of Holdco (the “Holdco Shares”) immediately prior to the Closing and (iii) vote in favor of authorization and approval of the Merger Agreement and the transactions contemplated by the Merger Agreement, including the Merger;

WHEREAS, on or prior to the date hereof, each of the Guarantors (as defined in the Merger Agreement) executed a limited guarantee in favor of the Company with respect to certain obligations of Parent under the Merger Agreement (each a “Limited Guarantee” and collectively, the “Limited Guarantees”); and

WHEREAS, the Investors, Holdco, Parent and Merger Sub wish to agree to certain terms and conditions that will govern the actions of Holdco, Parent and Merger Sub and the relationship among the Investors with respect to the Merger Agreement, the Equity Commitment Letters, the Support Agreement, the Debt Commitment Letter and the Limited Guarantees, and the transactions contemplated by each.

NOW, THEREFORE, in consideration of the premises and of the mutual covenants and obligations hereinafter set forth, the parties hereto hereby agree as follows:

AGREEMENT

1. AGREEMENTS AMONG THE INVESTORS.

1.1 Actions under the Merger Agreement. Subject to Section 1.8 hereof, the Requisite Investors (as defined below) may cause Parent to take any action or refrain from taking any action in order for Parent and/or Merger Sub to comply with its obligations, satisfy its closing conditions or exercise its rights under the Merger Agreement, including, without limitation, determining that the conditions to closing specified in Sections 7.1, 7.2 and 7.3 of the Merger Agreement (the “Closing Conditions”) have been satisfied, waiving compliance with any agreement or condition in the Merger Agreement (including any Closing Condition), amending or modifying the Merger Agreement and determining to close the Merger; provided that the Requisite Investors may not cause Parent to amend the Merger Agreement in a way that has an impact on any Investor that is different from the impact on the other Investors in a manner that is materially adverse to such Investor without such Investor’s prior written consent. Parent shall not, and the Investors shall not permit Parent or Merger Sub to, determine that the Closing Conditions have been satisfied, waive compliance with any agreement or condition in the Merger Agreement (including any Closing Condition), amend or modify the Merger Agreement or determine to close the Merger unless such action has been approved in advance in writing by the Requisite Investors. Parent agrees not to take any action with respect to the Merger Agreement, including granting or withholding of waivers and entering into amendments, unless such actions are in accordance with this Agreement. For purposes of this Agreement, “Requisite Investors” shall mean Dream Data Services Limited and THL A19 Limited. Notwithstanding any provision of this Agreement to the contrary, from and after the time an Investor becomes a Failing Investor, the approval or consent of such Failing Investor shall not be required for any purposes under this Agreement; provided that any Failing Investor that ultimately participates in the Merger as a result of the Closing Investors (as defined below) exercising their rights to seek specific performance hereunder or the Company exercising its specific performance right under the Merger Agreement shall no longer be deemed a “Failing Investor”, and its approval or consent rights shall be restored as of the date such previously Failing Investor funds its Commitment.

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1.2 Debt Financing. Subject to Section 1.8 hereof, Merger Sub shall, at the direction of the Requisite Investors, negotiate, enter into and borrow under definitive agreements relating to the Debt Commitment to be provided at the Closing; provided that Merger Sub shall not, and the Investors shall not permit Merger Sub to, enter into or borrow under any agreement in connection with the Debt Commitment on terms that are materially adverse to Merger Sub or the Investors compared to the terms set forth in the Debt Commitment Letter, unless such agreement or borrowing has been first approved by the Requisite Investors.

1.3 Equity Financing. Subject to Section 1.8 hereof, Holdco shall, at the direction of the Requisite Investors, enforce the provisions of the Equity Commitment Letters in accordance with the terms of the Merger Agreement and the Equity Commitment Letters. Notwithstanding anything in any Equity Commitment Letter to the contrary, prior to the Effective Time, none of the Investors shall be entitled to assign, sell-down or syndicate any part of its Equity Commitment.

1.4 Support Agreement. Subject to Section 1.8 hereof, each of Holdco and Parent shall, at the direction of the Requisite Investors, enforce the provisions of the Support Agreement in accordance with the terms of the Merger Agreement and the Support Agreement.

1.5 Management Arrangements. Subject to Section 1.8 hereof, Holdco and/or Parent shall, at the direction of the Requisite Investors, negotiate and enter or cause to be entered into definitive agreements with members of management of the Company with respect to the terms of management’s employment, compensation, rollover equity and equity incentives following the Closing.

1.6 Shareholders Agreement; Appointment of Directors. Subject to Section 1.8 hereof, each Investor agrees to negotiate in good faith with the other Investors with respect to, and enter into prior to or at the Closing, a Shareholders Agreement or other definitive agreements containing, in principle, the terms set forth on Exhibit A hereto so long as such definitive agreements are either (a) consistent with Exhibit A or (b) inconsistent with Exhibit A and approved by all Investors. Holdco and each Investor hereby agree to take (or cause to be taken) all actions, if any, required to be taken by each, such that the board of directors of Holdco, and board of directors of Parent if applicable, has the composition contemplated by Exhibit A hereto immediately prior to the Effective Time.

1.7 Consummation of the Transaction. In the event that the Requisite Investors determine to close the Merger in accordance with the terms of the Merger Agreement, the Requisite Investors may terminate the participation in the transaction of any Failing Investor; provided that such termination shall not affect the rights of the Closing Investors against such Failing Investor with respect to such failure to fund, which rights shall be provided in Sections 2.4 and 2.5 hereof. In the event the Failing Investor’s participation in the transaction is terminated pursuant to this Section 1.7, the amount of the Failing Investor’s Commitment shall first be offered to the Investors (other than any Failing Investor) in proportion of their respective Commitments to the aggregate Commitments of the Investors (other than any Failing Investor) at the time of such termination, and if none or not all of the Failing Investor’s Commitment is accepted by the Investors (other than any Failing Investor) in such proportion, then the Requisite Investors may offer the Failing Investor’s Commitment, or the applicable portion thereof, to all the Investors and/or one or more new investors approved by the Requisite Investors.

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1.8 Non-Consenting Investors. Notwithstanding anything to the contrary in this Agreement, Parent and Merger Sub shall not, and the Requisite Investors shall not permit Parent or Merger Sub to (i) modify or amend the Merger Agreement so as to increase or modify in a manner adverse to Parent or the Investors the amount or form of the Merger Consideration (including by waiver of a breach of the Company’s representation and warranty regarding its capitalization) or increase in any way the obligations under the Limited Guarantees or the Equity Commitment Letters, (ii) modify or waive, in a manner adverse to Parent or the Investors, any provisions relating to the Parent Termination Fee or the aggregate cap on monetary damages available to the Company or (iii) materially modify the structure of the transaction contemplated by the Merger Agreement, in each case, without the consent of each Investor; provided that in the event that the Requisite Investors are willing to agree to, proceed with, or take any action or enter into any agreement (or, in each such case, to permit Parent and/or Merger Sub to do so) with respect to the matters described in clauses (i) through (iii) above and any one Investor declines to agree to, proceed with, or take any action with respect to such matter (a “Non-Consenting Investor”), the Requisite Investors may nevertheless proceed with such matter by first terminating such Non-Consenting Investor’s participation in the transaction, and in such event such Non-Consenting Investor shall have no rights or liability hereunder (except as specifically provided in Section 1.10 hereof) or, if applicable, under its Equity Commitment Letter, its Limited Guarantee or the Support Agreement; and provided, further, that such Non-Consenting Investor shall have received a full and unconditional release of its or his obligations under this Agreement (other than the applicable provisions of Sections 1.10 and 1.12.3 and except with respect to breaches of this Agreement by such Non-Consenting Investor occurring prior to the date of such release), and, if applicable, under its Equity Commitment Letter, its Limited Guarantee and the Support Agreement from Holdco, Parent, the Company, and each other Investor, or a mutually satisfactory indemnity with respect to such Non-Consenting Investor’s liabilities under this Agreement, and, if applicable, its Equity Commitment Letter, its Limited Guarantee and the Support Agreement. In the event the Requisite Investors terminate the Non-Consenting Investor’s participation in the transaction, the amount of the Non-Consenting Investor’s Commitment shall first be offered to the Investors (other than the Non-Consenting Investor(s) and any Failing Investors) in proportion of their respective Commitments to the aggregate Commitments of the Investors at the time of such termination, and if none or not all of the Non-Consenting Investor’s Commitment is accepted by the Investors (other than the Non-Consenting Investor(s) and any Failing Investors) in such proportion, then the Requisite Investors may offer the Non-Consenting Investor’s Commitment, or portion thereof, to all of the Investors and/or to one or more new investors approved by the Requisite Investors.

1.9 Company Termination Fee. Any Company Termination Fee paid by the Company or any of its affiliates pursuant to the Merger Agreement or otherwise, after making adequate provisions for the payment or reimbursement of Consortium Costs pursuant to Section 1.10 hereof shall be promptly paid by Parent or Merger Sub to each of the Investors that have provided Limited Guarantees (other than any Investor that is a (i) Non-Consenting Investor whose participation in the transaction has been terminated pursuant to Section 1.8 hereof or (ii) a Failing Investor at the time of termination of the Merger Agreement) or its designee(s) in proportion of its respective Maximum Amount (as defined under the relevant Limited Guarantee) guaranteed under such Investor’s Limited Guarantee to the aggregate Maximum Amounts under the Limited Guarantees of such Investors (other than the Non-Consenting Investor(s) and the Failing Investor(s)).

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1.10 Expense Sharing.

1.10.1 In the event the Merger is consummated, Holdco, Parent or the Company will bear all out-of pocket expenses incurred by Holdco, Parent, Merger Sub and the Investors as a consortium (other than the Failing Investors, the “Consortium”), including, without limitation, (i) the reasonable and documented fees, expenses and disbursements of financing sources, lawyers, accountants, consultants and other advisors that may have been retained by Holdco, Parent, Merger Sub, the Consortium, Dream Data Services Limited (or its Affiliates) or THL A19 Limited (or its Affiliates), and (ii) any fees related to the Merger (all such fees and expenses other than any excessive amount disallowed under clause (i) above, in the aggregate, the “Consortium Costs”). For the avoidance of doubt, the Consortium Costs shall include indemnities actually paid or payable to the debt financing sources, lawyers, accountants, consultants, and other advisors who have been engaged with respect to the Merger, and Kirkland & Ellis, Han Kun Law Office, China Renaissance Securities (Hong Kong) Limited and PricewaterhouseCoopers are advisors retained by the Consortium with respect to the Merger.

1.10.2 In the event of a termination of the Merger Agreement in which a Company Termination Fee is paid to Parent, Parent shall first pay or cause to be paid all Consortium Costs from the Company Termination Fee and distribute any remaining amount of the Company Termination Fee to the applicable Investors in accordance with Section 1.9 hereof.

1.10.3 In the event of a termination of the Merger Agreement in which no Company Termination Fee is paid to Parent, each Investor agrees that each Equity Investor will be responsible for its, his or her proportionate share (determined by reference to the amount of its/his/her Equity Commitment to the aggregate of Equity Commitments of the Equity Investors) of Consortium Costs; provided that if the Merger Agreement is terminated and the Merger is not consummated due to the action or inaction of one or more Failing Investor(s), such Failing Investor(s) shall reimburse the Closing Investors for (i) all Consortium Costs incurred by the Closing Investor(s), (ii) any payment obligations of Parent and/or Merger Sub under Sections 8.2(c) and 8.2(d) of the Merger Agreement, or any guarantee pursuant to the Limited Guarantees and (iii) any other damages or losses of the Company; provided further that any fees and expenses incurred by any Investor other than the Consortium Costs will be borne by such Investor. Each Failing Investor’s portion of the total obligations hereunder shall be the amount equal to the product of (a) the amounts due from all Failing Investors hereunder multiplied by (b) a fraction of which the numerator is such Failing Investor’s Commitment, as applicable, and the denominator is the sum of all Failing Investors’ Commitments. Notwithstanding the foregoing, no Non-Consenting Investor shall be responsible for Consortium Costs incurred after the termination of such Non-Consenting Investor’s participation in the transaction.

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1.10.4 Prior to making any payment of Consortium Costs hereunder, each Investor shall be entitled to receive and review reasonable documentation of such fees and expenses.

1.10.5 The obligations under this Section 1.10 shall exist whether or not the Merger is consummated, and shall survive the termination of the other terms of this Agreement.

1.11 Notice of Closing; Notices. Parent will use its commercially reasonable efforts to provide each Investor with at least ten (10) days prior notice of the Closing Date under the Merger Agreement; provided that the failure to provide such notice will not relieve an Investor of its obligations under this Agreement. Any notices received by Parent pursuant to Section 9.2 of the Merger Agreement shall be promptly provided to each Investor at the address set forth in such Investor’s Equity Commitment Letter or the Support Agreement.

1.12 Representations and Warranties; Covenants.

1.12.1 Each party hereto represents and warrants to the other parties hereto that: (i) it has the requisite power and authority to execute, deliver and perform this Agreement, (ii) the execution, delivery and performance of this Agreement by it have been duly authorized by all necessary action on the party of such party and no other proceedings or procedures are necessary to approve this Agreement, (iii) this Agreement has been duly executed and delivered by such party and constitutes a valid and binding agreement of such party enforceable in accordance with the terms hereof, and (iv) such party’s execution, delivery and performance of this Agreement will not violate: (a) if such party is a corporate entity, any provision of its organizational documents or (b) or any order, writ, injunction, decree or statute, or any rule or regulation, applicable to such party.

1.12.2 Each Investor hereto represents, warrants and covenants to the other Investors that: (i) none of the information supplied in writing by such Investor specifically for inclusion or incorporation by reference in the Proxy Statement or Schedule 13E-3 will cause a breach of the representations and warranties of Parent or Merger Sub set forth in the Merger Agreement; (ii) it has not entered into any agreement, arrangement or understanding with any other Investor, any other potential investor or group of investors or the Company with respect to the subject matter of this Agreement and the Merger Agreement or any other similar transaction involving the Company, other than any confidentiality or standstill agreement or agreement of similar nature, the agreements expressly contemplated by this Agreement (including exhibits) and the Merger Agreement.

1.12.3 Until this Agreement is terminated pursuant to Section 2.1, except for Michael Xiangyu Chen, no Investor shall enter into any agreement, arrangement or understanding or have discussions with any other potential investor or acquiror or group of investors or acquirors or the Company or any of its representatives with respect to the subject matter of this Agreement and the Merger Agreement or any other similar transaction involving the Company without the prior approval of the Requisite Investors other than any confidentiality or standstill agreement or agreement of similar nature, the agreements expressly contemplated by this Agreement (including exhibits) and the Merger Agreement; provided that this Section 1.12.3 shall continue to apply to an Investor that is a Failing Investor or that is released from this Agreement pursuant to Section 1.8 for a period of one year following such failure or release.

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1.12.4 Neither Holdco nor Parent shall enter into any agreement with an Investor or group of Investors that has the effect of discriminating against any Investor in a manner that is materially adverse to such Investor without such Investor’s prior written consent, except to the extent expressly permitted by the terms of this Agreement. Holdco and Parent shall provide to all Investors a copy of each agreement to be entered into with less than all of the Investors prior to the execution of such agreement, except agreements or arrangements entered into pursuant to Section 1.5 herein.

1.12.5 The Investors shall cooperate with necessary and commercially reasonable efforts in defending any claim that the Investors are or any of them is liable to make payments under the Limited Guarantees.

1.12.6 Each Investor represents, warrants and covenants to the other parties hereto that it shall use (and shall cause its Subsidiaries and Affiliates to use) reasonable best efforts to take or cause to be taken all actions and do or cause to be done all things reasonably necessary, proper or advisable to obtain as promptly as practicable, if it or its Subsidiaries and Affiliates have not yet obtained, all consents, approvals, registrations, authorizations, waivers, permits and orders from any Third Party (as defined in the Merger Agreement) or Governmental Entity (as defined in the Merger Agreement) necessary or advisable to be obtained in order to perform its obligations set forth hereunder and consummate the transactions contemplated hereunder and under the Merger Agreement.

1.12.7 The Investors shall cooperate with each other and use (and shall cause their respective Subsidiaries and Affiliates to use) their respective reasonable best efforts to take or cause to be taken all actions and do or cause to be done all things reasonably necessary, proper or advisable on its respective part to help Holdco to obtain as promptly as practicable all consents, approvals, registrations, authorizations, waivers, permits and orders, from any Third Party (as defined in the Merger Agreement) and/or Governmental Entity (as defined in the Merger Agreement) necessary or advisable to be obtained in order to consummate the Merger or any other transactions contemplated by the Merger Agreement.

1.12.8 Holdco will use reasonable best efforts to keep each Investor informed on any significant progress with respect to the transactions contemplated by the Merger Agreement, including the execution of any material agreements or the success or failure in obtaining any required approval or clearance from competent regulatory authorities in connection therewith.

1.12.9 Tax Filing Cooperation. Each Investor covenants to the other parties hereto that it shall use (and shall cause its Subsidiaries and Affiliates to use) reasonable best efforts to take or cause to be taken all actions and do or cause to be done all things to cooperate with the parties hereto in connection with handling its PRC tax affairs in respect of the Merger or any other transactions contemplated by the Merger Agreement, and shall not make any tax filing without the prior written consent of the Requisite Investors, such consent not to be unreasonably withheld or delayed.

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1.13 PR Coordination. Subject to Section 6.10 of the Merger Agreement as it relates to Parent and Merger Sub, each party hereto will coordinate in good faith in relation to any and all press releases and other public relations matters with respect to the Merger and the transactions contemplated hereby. Unless otherwise required by law or the rules of any stock exchange or regulatory authority, no party hereto may issue any press release or otherwise make any public announcement or comment on the Merger and the transactions contemplated hereby without the prior consent of the Requisite Investors, such consent not to be unreasonably withheld or delayed.

1.14 Confidentiality. Each of the parties hereto agree that, until the second (2nd) anniversary of the date hereof, none of the parties shall, and each party hereto shall cause its directors, officers, employees, advisors and other agents and representatives (all such persons, with respect to any person, such person’s “Representatives”) not to, directly or indirectly, disclose to any other person or entity (other than such party’s Representatives) any Confidential Information received from the other parties hereto, except as compelled by a court or required by law, legal process, rule or regulation (including securities rules and regulations). For purposes hereof, “Confidential Information” means any information, whether in written, oral or other form with respect to the Company, the parties hereto and the transactions contemplated under this Agreement, the Merger Agreement and other transaction agreements referenced herein and therein, provided that Confidential Information does not include any information which at the time of disclosure or thereafter is (i) generally available to or known by the public other than as a result of a disclosure by the receiving party of such information in breach of an obligation of confidentiality or (ii) lawfully available to the recipient of such information from a source other than the disclosing party or its Representatives which source is not, as far as the receiving party is aware, in breach of an obligation of confidentiality.

1.15 Initial Holdco Shareholders. Mr. Michael Xiangyu Chen, as the initial (direct or indirect) shareholder of Holdco, agrees to use commercially best efforts to take all corporate actions reasonably necessary to cause Holdco to give effect to and comply with the matters set forth in this Agreement.

2. MISCELLANEOUS.

2.1 Effectiveness. This Agreement shall become effective on the date hereof and shall terminate (except with respect to Sections 1.9, 1.10, 1.12, 1.13, 1.14 and 2) upon the earlier of the Effective Time of the Merger and the termination of the Merger Agreement pursuant to Article VIII thereof; provided that any liability for failure to comply with the terms of this Agreement shall survive such termination.

2.2 Amendment. This Agreement may be amended or modified and the provisions hereof may be waived, only by an agreement in writing signed by the Requisite Investors; provided that (i) no provision of this Agreement (excluding exhibits) may be amended in a manner that disproportionately, materially and adversely affects an Investor without such Investor’s prior written consent and (ii) no provision in this Agreement that requires the consent of each Investor may be amended without a consent in writing signed by all of the Investors.

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2.3 Severability. In the event that any provision hereof would, under applicable law, be invalid or unenforceable in any respect, such provision shall be construed by modifying or limiting it so as to be valid and enforceable to the maximum extent compatible with, and possible under, applicable law. The provisions hereof are severable, and in the event any provision hereof should be held invalid or unenforceable in any respect, it shall not invalidate, render unenforceable or otherwise affect any other provision hereof.

2.4 Remedies. The parties hereto agree that, except as provided herein, this Agreement will be enforceable by all available remedies at law or in equity (including, without limitation, specific performance), provided that the Agreement may only be enforced against an Investor by Holdco, Parent or Merger Sub, acting at the direction of the Requisite Investors. In the event that (i) Holdco and Parent determine to enforce the provisions of the Equity Commitment Letters, (ii) Holdco and Parent determine to enforce the provisions of the Support Agreement, or (iii) Merger Sub determines to enforce the provisions of the Debt Commitment Letter, in each case, in accordance with this Agreement, and the Requisite Investors are prepared to (x) cause Parent and Merger Sub to consummate the Merger in accordance with this Agreement, (y) fulfill their obligations under the Support Agreement and (z) fund their Equity Commitments immediately prior to the Closing, as evidenced in writing to the other Investors (the Investors who are so prepared for each applicable action, the “Closing Investors”), but one or more Investors fails to fund its Equity Commitment or provides written notice that it will not fund its Equity Commitment, or fails to fulfill its or his obligations under the Support Agreement or provides written notice that it or he will not fulfill its or his obligations under the Support Agreement, as applicable, (each such Investor, a “Failing Investor”), the parties hereto agree that the Closing Investors shall be entitled to, in their discretion, either (a) specific performance of the terms of this Agreement, the Equity Commitment Letters and/or the Support Agreement, as applicable, together with any costs of enforcement incurred by the Closing Investors in seeking to enforce such remedy or (b) payment by the Failing Investors in an amount equal to the aggregate out-of-pocket damages incurred by such Closing Investors (including amounts paid under any such Investor’s Limited Guarantee). If Holdco, Parent or Merger Sub, acting at the direction of the Requisite Investors, determines to enforce the remedy described in the preceding sentence against any Failing Investor, it must do so against all Failing Investors. If there are multiple Failing Investors, each Failing Investor’s portion of the total obligations hereunder shall be the amount equal to the product of (i) the amounts due from all Failing Investors hereunder (including the value of any Rollover Commitment) multiplied by (ii) a fraction of which the numerator is such Failing Investor’s Commitment, as applicable, and the denominator is the sum of all Failing Investors’ Commitments.

2.5 No Recourse. Notwithstanding anything that may be expressed or implied in this Agreement, and notwithstanding the fact that certain of the Investors may be partnerships or limited liability companies, Holdco, Parent, Merger Sub and each Investor covenants, agrees and acknowledges that no recourse under this Agreement or any documents or instruments delivered in connection with this Agreement shall be had against any current or future director, officer, employee, general or limited partner or member or manager of any Investor or of any partner, member, manager or affiliate thereof, as such, whether by the enforcement of any assessment or by any legal or equitable proceeding, or by virtue of any statute, regulation or other applicable law, it being expressly agreed and acknowledged that no personal liability whatsoever shall attach to, be imposed on or otherwise be incurred by any current or future director, officer, employee, general or limited partner or member or manager of any Investor or of any partner, member, manager or affiliate thereof, as such, for any obligation of any Investor under this Agreement or any documents or instruments delivered in connection with this Agreement for any claim based on, in respect of or by reason of such obligations or their creation.

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2.6 Governing Law; Jurisdiction. This Agreement and the obligations hereunder shall be governed by and construed in accordance with the Laws of the State of New York without giving effect to its principles or rules of conflict of laws to the extent such principles or rules would require or permit the application of the Laws of another jurisdiction. In the event any dispute arises among the parties hereto out of or in relation to this Agreement, including any dispute regarding its breach, termination or validity, the parties shall attempt in the first instance to resolve such dispute through friendly consultations. If any dispute has not been resolved by friendly consultations within thirty (30) days after any party has served written notice on the other parties requesting the commencement of such consultations, then any party may demand that the dispute be finally settled by arbitration in accordance with the following provisions of this Section 2.6. The arbitration shall be conducted in accordance with the Hong Kong International Arbitration Centre (“HKIAC”) Administered Rules in force when a notice of arbitration is submitted. The seat and venue of the arbitration shall be Hong Kong and the language of the arbitration shall be English. The appointing authority shall be the HKIAC. There shall be three (3) arbitrators. One (1) arbitrator shall be nominated by the claimant(s), irrespective of number, and one (1) arbitrator shall be nominated by the respondent(s), irrespective of number. If the respondent(s) shall abstain from nominating their arbitrator, the HKIAC shall appoint such arbitrator. The two (2) arbitrators so chosen shall select a third (3rd) arbitrator; provided that if such two arbitrators shall fail to choose a third (3rd) arbitrator within thirty (30) days after such two arbitrators have been selected, the HKIAC, upon the request of any party, shall appoint a third arbitrator. The third (3rd) arbitrator shall be the presiding arbitrator. The parties agree that the arbitration shall be kept confidential and that the existence of the proceeding and any element of it shall not be disclosed beyond the tribunal, the parties, their legal and professional advisers, and any person necessary for the conduct of the arbitration, unless otherwise required by Law or the parties hereto otherwise agree in writing. The parties agree that all documents and evidence submitted in the arbitration (including without limitation any statements of case and any interim or final award, as well as the fact that an arbitral award has been made) shall remain confidential both during and after any final award that is rendered unless otherwise required by Law or the parties hereto otherwise agree in writing. Upon and after the submission of any dispute to arbitration, the parties shall continue to exercise their remaining respective rights, and fulfill their remaining respective obligations under this letter agreement, except insofar as the same may relate directly to the matters in dispute. The parties hereby agree that any arbitration award rendered in accordance with the provisions of this Section 2.6 shall be final and binding upon them, and the parties further agree that such award may be enforced by any court having jurisdiction over the party against which the award has been rendered or the assets of such party wherever the same may be located. In any arbitration proceeding, any legal proceeding to enforce any arbitration award and in any other legal proceeding among the parties pursuant to or relating to this Agreement, each party expressly waives the defense of sovereign immunity and any other defense based on the fact or allegation that it is an agency or instrumentality of a sovereign state or is otherwise entitled to immunity.

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2.7 Waiver of Jury Trial. EACH OF THE PARTIES HERETO HEREBY WAIVES TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY WITH RESPECT TO ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT. EACH OF THE PARTIES HERETO HEREBY (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF THE OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT HAS BEEN INDUCED TO ENTER INTO THIS AGREEMENT AND THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT, AS APPLICABLE, BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 2.7.

2.8 Exercise of Rights and Remedies. No delay of or omission in the exercise of any right, power or remedy accruing to any party as a result of any breach or default by any other party under this Agreement shall impair any such right, power or remedy, nor shall it be construed as a waiver of or acquiescence in any such breach or default, or of any similar breach or default occurring later; nor shall any such delay, omission nor waiver of any single breach or default be deemed a waiver of any other breach or default occurring before or after that waiver.

2.9 Other Agreements. This Agreement, together with the agreements referenced herein, constitutes the entire agreement, and supersedes all prior agreements, understandings, negotiations and statements, both written and oral, among the parties hereto or any of their affiliates with respect to the subject matter contained herein except for such other agreements as are references herein which shall continue in full force and effect in accordance with their terms.

2.10 Assignment. This Agreement may not be assigned by any party or by operation of law or otherwise without the prior written consent of each of the other parties, except that the Agreement may be assigned to an Affiliate of a party hereto; provided that the party making such assignment shall not be released from its obligations hereunder. Any attempted assignment in violation of this Section 2.10 shall be void.

2.11 Counterparts. This Agreement may be executed in one or more counterparts, and by the different parties hereto in separate counterparts, each of which when executed shall be deemed to be an original but all of which taken together shall constitute one and the same agreement.

[Signature pages follow]

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In witness whereof, each of the undersigned has duly executed this Agreement as of the date first written above.

[SIGNATURE PAGE TO INTERIM INVESTORS AGREEMENT]

In witness whereof, each of the undersigned has duly executed this Agreement as of the date first written above.

[SIGNATURE PAGE TO INTERIM INVESTORS AGREEMENT]

[SIGNATURE PAGE TO INTERIM INVESTORS AGREEMENT]

In witness whereof, each of the undersigned has duly executed this Agreement as of the date first written above.

Equity Investor:

MICHAEL XIANGYU CHEN

/s/ Michael Xiangyu Chen

Equity Investor:

ANFERNEE SONG GUAN

/s/ Anfernee Song Guan

Equity Investor:

KINGSUN (SHANGHAI) INVESTMENT CO., LTD. [Company chop is affixed]

/s/ Xiaowei Wu

Name: Xiaowei Wu

Title: Chairman

BEIJING JUNLIANXINHAI PRIVATE EQUITY INVESTMENT PARTNERSHIP (LIMITED PARTNERSHIP)

/s/ Jiaqing Li

Name: Jiaqing Li

Title: Authorized Representative, Director and General

Manager

[SIGNATURE PAGE TO INTERIM INVESTORS AGREEMENT]

[SIGNATURE PAGE TO INTERIM INVESTORS AGREEMENT]

[SIGNATURE PAGE TO INTERIM INVESTORS AGREEMENT]

Equity Investor:

NEWPLUS IDREAM INVESTMENT PARTNERSHIP (LIMITED PARTNERSHIP) [Company chop is affixed]

/s/ Jun Wang

Name: Jun Wang

Title: Authorized Representative

Equity Investor:

SHANGHAI SUPER STAR VENTURE CAPITAL PARTNERS (LIMITED PARTNERSHIP) [Company chop is affixed]

/s/ Zhenquan Ren

Name: Zhenquan Ren

Title: Authorized Representative of Executive Partner

Equity Investor:

GUANGXI XI HUI HE YING INVESTMENT MANAGEMENT PARTNERSHIP (LIMITED PARTNERSHIP) [Company chop is affixed]

/s/ Guangyi Huang

Name: Guangyi Huang

Title: Director

Equity Investor:

SHANGHAI GREENWOODS ASSET MANAGEMENT LIMITED

[Company chop is affixed]

Name:

Title:

[SIGNATURE PAGE TO INTERIM INVESTORS AGREEMENT]

[SIGNATURE PAGE TO INTERIM INVESTORS AGREEMENT]

Schedule I List of Equity Investors

3.	Kingsun (Shanghai) Investment Co., Ltd.

4.	Beijing Junlianxinhai Private Equity Investment Partnership (Limited Partnership)

5.	Ruipu Lehua (Tianjin) Investment Center (Limited Partnership)

6.	Peking Pusi Investment Co., Ltd.

7.	V Capital Company Limited

8.	LT Prosperity (Tianjin) Asset Management Co., Ltd.

9.	Jiaxing Yaming Investment Partnership (Limited Partnership)

10.	Jiaxing Nuoxin Investment Partnership (Limited Partnership)

11.	Fortune Wisdom Venture Capital Co., Ltd.

12.	Newplus iDream Investment Partnership (Limited Partnership)

13.	Shanghai Super Star Venture Capital Partners (Limited Partnership)

14.	Guangxi Xi Hui He Ying Investment Management Partnership (Limited Partnership)

15.	Shanghai Greenwoods Asset Management Limited

16.	Shanghai Weiying Gefei Investment Management Ltd.

17.	Hengqin Dream Yongtai Equity Investment Enterprise (Limited Partnership)

18.	Hengqin Dream Ruitong Equity Investment Enterprise (Limited Partnership)

Exhibit A

Shareholders Agreement Term Sheet

Exhibit 99.4

SUPPORT AGREEMENT

This SUPPORT AGREEMENT (this “Agreement”) is entered into as of December 31, 2015 by and among Dream Investment Holdings Limited, an exempted company incorporated with limited liability under the laws of the Cayman Islands (“Parent”), Dream Technology Holdings Limited, an exempted company incorporated with limited liability under the laws of the Cayman Islands (“Holdco”), and certain shareholders of iDreamSky Technology Limited, an exempted company incorporated with limited liability under the laws of the Cayman Islands (the “Company”) as listed on Schedule A hereto (each, a “Supporting Securityholder” and collectively, the “Supporting Securityholders”). Capitalized terms used but not defined herein shall have the meanings ascribed to such terms in the Merger Agreement (as defined below).

WHEREAS, Parent, Dream Merger Sub Limited, an exempted company incorporated with limited liability under the laws of the Cayman Islands and a wholly-owned subsidiary of Parent (“Merger Sub”) and the Company have, concurrently with the execution of this Agreement, entered into an Agreement and Plan of Merger, dated as of the date hereof (as may be amended, supplemented or otherwise modified from time to time in accordance with its terms, the “Merger Agreement”), which provides, among other things, for the merger of Merger Sub with and into the Company, with the Company continuing as the surviving corporation and a wholly-owned subsidiary of Parent (the “Merger”), upon the terms and subject to the conditions set forth in the Merger Agreement;

WHEREAS, as of the date hereof, each Supporting Securityholder is the “beneficial owner” (within the meaning of Rule 13d-3 under the Exchange Act) of such Company Shares (including those represented by ADSs), Company Options and/or Company Restricted Shares (as applicable) as set forth opposite such Supporting Securityholder’s name under column “Owned Securities” on Schedule A hereto (with respect to each Supporting Securityholder, the “Owned Securities”) (the Owned Securities, together with any other Company Shares and/or Company Restricted Shares acquired (whether beneficially or of record) by such Supporting Securityholder after the date hereof and prior to the earlier of the Effective Time and the termination of all such Supporting Securityholder’s obligations under this Agreement, including any Company Shares and/or Company Restricted Shares acquired by means of purchase, dividend or distribution, or issued upon the exercise of any Company Options or warrants or the conversion of any convertible securities or otherwise, being collectively referred to herein as the “Securities”);

WHEREAS, in connection with the consummation of the Merger, each Supporting Securityholder agrees to (a) have his or its Company Shares (including those represented by ADSs), Company Options and/or Company Restricted Shares (as applicable) as set forth opposite such Supporting Securityholder’s name under the column “Rollover Securities” on Schedule A hereto (the “Rollover Securities”) cancelled for no consideration in connection with the Merger, and (b) subscribe for or cause to be subscribed for newly issued ordinary shares of Holdco (the “Holdco Shares”) immediately prior to the Closing, and (c) vote the Securities at the Company Shareholders Meeting in favor of the Merger, in each case, in accordance with and subject to the terms and conditions of this Agreement;

WHEREAS, in order to induce Parent and Merger Sub to enter into the Merger Agreement and consummate the Transactions, including the Merger, the Supporting Securityholders are entering into this Agreement;

WHEREAS, the Supporting Securityholders acknowledge that Parent and Merger Sub are entering into the Merger Agreement in reliance on the representations, warranties, covenants and other agreements of the Supporting Securityholders set forth in this Agreement; and

NOW, THEREFORE, in consideration of the foregoing, the mutual covenants and agreements set forth herein, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto agree as follows:

ARTICLE I

VOTING; GRANT AND APPOINTMENT OF PROXY

Section 1.1 Voting. From and after the date hereof until the earlier of the Closing and the termination of the Merger Agreement pursuant to and in compliance with the terms therein (such earlier time, the “Expiration Time”), each Supporting Securityholder irrevocably and unconditionally hereby agrees that at the Company Shareholders Meeting or any other meeting (whether annual or extraordinary) of the shareholders of the Company in connection with the Merger Agreement and/or any transaction contemplated thereby (including the Merger), however called, at which any of the matters described in paragraphs (a) – (f) hereof is to be considered (and any adjournment or postponement thereof), or in connection with any written resolution of the Company’s shareholders in connection with the Merger Agreement and/or any transaction contemplated thereby (including the Merger), such Supporting Securityholder shall (i) in the case of a meeting, appear or cause his or its Representative(s) to appear at such meeting or otherwise cause his or its Securities to be counted as present thereat for purposes of determining whether a quorum is present and (ii) vote or cause to be voted (including by proxy or written resolution, if applicable) all of such Supporting Securityholder’s Securities,

(a) for authorization and approval of the Merger Agreement, the Plan of Merger and the Transactions and any action required in furtherance thereof,

(b) against any Acquisition Proposal or any other transaction, proposal, agreement or action made in opposition to authorization and approval of the Merger Agreement, the Plan of Merger or in competition or inconsistent with the Merger and the other Transactions,

(c) against any other action, agreement or transaction that is intended, that could reasonably be expected, or the effect of which could reasonably be expected, to materially impede, interfere with, delay, postpone, discourage or adversely affect the Merger or any of the other Transactions or this Agreement or the performance by such Supporting Securityholder of his or its obligations under this Agreement, including, without limitation: (i) any extraordinary corporate transaction, such as a scheme of arrangement, merger, consolidation or other business combination involving the Company or any Company Subsidiary (other than the Merger); (ii) a sale, lease or transfer of a material amount of assets of the Company or any Company Subsidiary or a reorganization, recapitalization or liquidation of the Company or any Company Subsidiary; (iii) an election of new members to the board of directors of the Company, other than nominees to the board of directors of the Company who are serving as directors of the Company on the date of this Agreement or as otherwise provided in the Merger Agreement; (iv) any material change in the present capitalization or dividend policy of the Company or any amendment or other change to the Company’s memorandum or articles of association, except if approved in writing by Parent; or (v) any other action that would require the consent of Parent pursuant to the Merger Agreement, except if approved in writing by Parent,

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(d) against any action, proposal, transaction or agreement that would reasonably be expected to result in a breach in any respect of any covenant, representation or warranty or any other obligation or agreement of the Company contained in the Merger Agreement, or of such Supporting Securityholder contained in this Agreement,

(e) in favor of any adjournment or postponement of the Company Shareholders Meeting as may be reasonably requested by Parent, and

(f) in favor of any other matter necessary to effect the Transactions.

Section 1.2 Grant of Irrevocable Proxy; Appointment of Proxy.

(a) Effective immediately upon the execution of the Merger Agreement and until the Expiration Time, without any further action by any Person, each Supporting Securityholder hereby irrevocably appoints Parent and any designee thereof as his or its proxy and attorney-in-fact (with full power of substitution), to vote or cause to be voted (including by proxy or written resolution, if applicable) such Supporting Securityholder’s Securities in accordance with Section 1.1 above at the Company Shareholders Meeting or other annual or extraordinary meeting of the shareholders of the Company, however called, including any adjournment or postponement thereof, at which any of the matters described in Section 1.1 above is to be considered. Each Supporting Securityholder represents that all proxies, powers of attorney, instructions or other requests given by such Supporting Securityholder prior to the execution of this Agreement in respect of the voting of such Supporting Securityholder’s Securities, if any, are not irrevocable and each Supporting Securityholder hereby revokes (or causes to be revoked) any and all previous proxies, powers of attorney, instructions or other requests with respect to such Supporting Securityholder’s Securities. Each Supporting Securityholder shall take such further action or execute such other instruments as may be necessary to effectuate the intent of this proxy.

(b) Each Supporting Securityholder affirms that the irrevocable proxy set forth in this Section 1.2 is given in connection with the execution of the Merger Agreement, and that such irrevocable proxy is given to secure the performance of the duties of such Supporting Securityholder under this Agreement. Each Supporting Securityholder further affirms that the irrevocable proxy is coupled with an interest and, except as set forth in this Section 1.2, is intended to be irrevocable prior to the Expiration Time. If for any reason the proxy granted herein is not irrevocable, then each Supporting Securityholder agrees to vote such Supporting Securityholder’s Securities in accordance with Section 1.1 above prior to the Expiration Time. The parties agree that the foregoing is a voting agreement.

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Section 1.3 Restrictions on Transfers. (i) Except as provided for in Article II below or pursuant to the Merger Agreement and (ii) except that any beneficial owner of DT01 Holding International Limited may transfer his or its interests in DT01 Holding International Limited to Anfernee Song Guan or any of his Affiliates so that DT01 Holding International Limited will be 100% beneficially owned by Anfernee Song Guan, provided that all the Securities held by DT01 Holding International Limited continue to be subject to the terms of this Agreement, each Supporting Securityholder hereby agrees that, from the date hereof until the Expiration Time, such Supporting Securityholder shall not, without the prior written consent of Parent and the Company Board (at the direction of the Special Committee), directly or indirectly, (a) sell (constructively or otherwise), transfer, assign, tender in any tender or exchange offer, pledge, grant, encumber, hypothecate or similarly dispose of (by merger, testamentary disposition, operation of law or otherwise) (collectively, “Transfer”), either voluntarily or involuntarily, or enter into any Contract, option or other arrangement or understanding with respect to the Transfer of any Securities, including, without limitation, any swap transaction, option, warrant, forward purchase or sale transaction, futures transaction, cap transaction, floor transaction, collar transaction or any other similar transaction (including any option with respect to any such transaction) or combination of any such transactions, in each case involving any Securities (any such transaction, a “Derivative Transaction”), (b) deposit any Securities into a voting trust or enter into a voting agreement or arrangement or grant any proxy or power of attorney with respect thereto that is inconsistent with this Agreement, (c) convert or exchange, or take any action which would result in the conversion or exchange, of any Securities, (d) take any action that would make any representation or warranty of such Supporting Securityholder set forth in this Agreement untrue or incorrect or have the effect of preventing, disabling, or delaying such Supporting Securityholder from performing any of his or its obligations under this Agreement or that is intended, or would reasonably be expected, to impede, frustrate, interfere with, delay, postpone, adversely affect or prevent the consummation of the Merger or the other Transactions or this Agreement or the performance by the Company of its obligations under the Merger Agreement or by any Supporting Securityholder from performing any of his or its obligations under this Agreement, or (e) agree (whether or not in writing) to take any of the actions referred to in the foregoing clauses (a), (b), (c) or (d); provided that the foregoing shall not prevent the conversion of the Securities into the right to receive any merger consideration in accordance with the terms of the Merger Agreement. Any purported Transfer in violation of this Section 1.3 shall be null and void.

ARTICLE II

ROLLOVER SECURITIES

Section 2.1 Cancellation of Rollover Securities. Subject to the terms and conditions set forth herein, (a) each Supporting Securityholder agrees that his or its Rollover Securities shall be cancelled at the Effective Time for no consideration, and (b) other than his or its Rollover Securities, all Equity Interests of the Company held by such Supporting Securityholder, if any, shall be treated as set forth in the Merger Agreement and not be affected by the provisions of this Agreement.

Section 2.2 Subscription of Holdco Shares. Immediately prior to the Closing, in consideration for the cancellation of the Rollover Securities held by each Supporting Securityholder in accordance with Section 2.1, Holdco shall issue to such Supporting Securityholder (or any other Person designated by such Supporting Securityholder in writing), and such Supporting Securityholder or his or its designee (as applicable) shall subscribe for, certain number of Holdco Shares representing such ownership percentage in Holdco immediately after the Rollover Closing as set forth opposite such Supporting Securityholder’s name under the column “% in Holdco” on Schedule A hereto, at a price per share equal to the par value per share of Holdco Shares. Each Supporting Securityholder hereby acknowledges and agrees that (a) delivery of such Holdco Shares shall constitute complete satisfaction of all obligations towards or sums due to such Supporting Securityholder by Holdco, Parent and Merger Sub in respect of the Rollover Securities held by such Supporting Securityholder and cancelled pursuant to Section 2.1 above, and (b) such Supporting Securityholder shall have no right to any Per Share Merger Consideration or Per ADS Merger Consideration in respect of the foregoing Rollover Securities held by such Supporting Securityholder.

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Section 2.3 Rollover Closing. Subject to the satisfaction in full (or waiver, if permissible) of all of the conditions set forth in Sections 7.1, 7.2 and 7.3 of the Merger Agreement (other than conditions that by their nature are to be satisfied or waived, as applicable, at the Closing), the closing of the subscription and issuance of Holdco Shares contemplated hereby (the “Rollover Closing”) shall take place immediately prior to the Closing.

Section 2.4 Deposit of Rollover Securities. No later than three (3) Business Days prior to the Closing, each Supporting Securityholder and any agent of such Supporting Securityholder holding certificates evidencing any of the Rollover Securities shall deliver or cause to be delivered to Parent all certificates representing such Rollover Securities in such Person’s possession, for disposition in accordance with the terms of this Agreement; such certificates and documents shall be held by Parent or any agent authorized by Parent until the Closing.

ARTICLE III

REPRESENTATIONS, WARRANTIES AND COVENANTS

OF THE SUPPORTING SECURITYHOLDERS

Section 3.1 Representations and Warranties. Each Supporting Securityholder, severally and not jointly, represents and warrants to Parent and Holdco as of the date hereof and as of the Closing:

(a) such Supporting Securityholder has full legal right, power, capacity and authority to execute and deliver this Agreement, to perform such Supporting Securityholder’s obligations hereunder and to consummate the transactions contemplated hereby;

(b) this Agreement has been duly executed and delivered by such Supporting Securityholder and the execution, delivery and performance of this Agreement by such Supporting Securityholder and the consummation by such Supporting Securityholder of the transactions contemplated hereby have been duly authorized by all necessary action on the part of such Supporting Securityholder and no other actions or proceedings on the part of such Supporting Securityholder are necessary to authorize this Agreement or to consummate the transactions contemplated hereby by such Supporting Securityholder;

(c) assuming due authorization, execution and delivery by Parent and Holdco, this Agreement constitutes a legal, valid and binding agreement of such Supporting Securityholder, enforceable against such Supporting Securityholder in accordance with its terms, except as enforcement may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting creditors’ rights generally and by general principles of equity (regardless of whether considered in a proceeding in equity or at law);

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(d) (i) such Supporting Securityholder (A) is and, immediately prior to the Closing, will be the beneficial owner of, and has and will have good and valid title to, the Securities, free and clear of Liens other than as created by this Agreement, and (B) has and will have sole or shared (together with Affiliates controlled by such Supporting Securityholder) voting power, power of disposition, and power to demand dissenter’s rights, in each case with respect to all of the Securities, with no limitations, qualifications, or restrictions on such rights, subject to applicable United States federal securities Laws, Laws of the Cayman Islands, Laws of the People’s Republic of China and the terms of this Agreement; (ii) his or its Securities are not subject to any voting trust agreement or other Contract to which such Supporting Securityholder is a party restricting or otherwise relating to the voting or Transfer of the Securities other than this Agreement; (iii) such Supporting Securityholder has not Transferred any interest in any of his or its Securities pursuant to any Derivative Transaction; (iv) as of the date hereof, other than his or its Securities, such Supporting Securityholder does not own, beneficially or of record, any Company Shares, Company Options, Company Restricted Shares, and other securities of the Company, or any direct or indirect interest in any such securities (including by way of derivative securities); and (v) such Supporting Securityholder has not appointed or granted any proxy or power of attorney that is still in effect with respect to any of his or its Securities, except as contemplated by this Agreement;

(e) except for the applicable requirements of the Exchange Act and laws of the Cayman Islands, (i) no filing with, and no permit, authorization, consent or approval of any Governmental Entity is necessary on the part of such Supporting Securityholder for the execution, delivery and performance of this Agreement by such Supporting Securityholder or the consummation by such Supporting Securityholder of the transactions contemplated hereby, and (ii) neither the execution, delivery or performance of this Agreement by such Supporting Securityholder nor the consummation by such Supporting Securityholder of the transactions contemplated hereby, nor compliance by such Supporting Securityholder with any of the provisions hereof shall (A) conflict with or violate any provision of the organizational documents of any such Supporting Securityholder which is an entity, (B) result in any breach or violation of, or constitute a default (or an event which, with notice or lapse of time or both, would become a default) under, or give to others any rights of termination, amendment, acceleration or cancellation of, or result in the creation of a Lien on property or assets of such Supporting Securityholder pursuant to any Contract to which such Supporting Securityholder is a party or by which such Supporting Securityholder or any property or asset of such Supporting Securityholder is bound or affected, or (C) violate any order, writ, injunction, decree, statute, rule or regulation applicable to such Supporting Securityholder or any of such Supporting Securityholder’s properties or assets;

(f) there is no Action pending against any such Supporting Securityholder or, to the knowledge of such Supporting Securityholder, any other Person or, to the knowledge of such Supporting Securityholder, threatened against any such Supporting Securityholder or any other Person that restricts or prohibits (or, if successful, would restrict or prohibit) the performance by such Supporting Securityholder of his or its obligations under this Agreement;

(g) such Supporting Securityholder has been afforded the opportunity to ask such questions as it has deemed necessary of, and to receive answers from, representatives of Parent and Holdco concerning the terms and conditions of the transactions contemplated hereby and the merits and risks of owning the Holdco Shares and such Supporting Securityholder acknowledges that it has been advised to discuss with its own counsel the meaning and legal consequences of such Supporting Securityholder’s representations and warranties in this Agreement and the transactions contemplated hereby; and

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(h) each Supporting Securityholder understands and acknowledges that Parent and Merger Sub are entering into the Merger Agreement in reliance upon such Supporting Securityholder’s execution, delivery and performance of this Agreement.

Section 3.2 Covenants. Each Supporting Securityholder hereby:

(a) agrees, prior to the Expiration Time, not to knowingly take any action that would make any representation or warranty of such Supporting Securityholder contained herein untrue or incorrect or have or could have the effect of preventing, impeding or interfering with or adversely affecting the performance by such Supporting Securityholder of his or its obligations under this Agreement;

(b) irrevocably waives, and agrees not to exercise, any rights of appraisal or rights of dissent from the Merger that such Supporting Securityholder may have with respect to such Supporting Securityholder’s Securities (including without limitation any rights under Section 238 of the Cayman Companies Law) prior to the Expiration Time;

(c) agrees to permit the Company and Parent to publish and disclose in any press release, the Proxy Statement (including all documents filed with the SEC in accordance therewith) and any other disclosure documents in connection with the Merger Agreement and any filings with or notices to any Governmental Entity in connection with the Merger Agreement (or the transaction contemplated thereby), such Supporting Securityholder’s identity and beneficial ownership of Company Shares or other Equity Interests of the Company and the nature of such Supporting Securityholder’s commitments, arrangements and understandings under this Agreement (including, for the avoidance of doubt, the disclosure of this Agreement) and any other information, in each case, that the Company or Parent reasonably determines in its good faith judgement is required to be disclosed by Law;

(d) agrees and covenants, severally and not jointly, that such Supporting Securityholder shall promptly (and in any event within twenty-four (24) hours) notify Parent of any new Company Shares and/or other security of the Company with respect to which beneficial ownership (within the meaning of Rule 13d-3 under the Exchange Act) is acquired by such Supporting Securityholder, including, without limitation, by purchase, as a result of a stock dividend, stock split, recapitalization, combination, reclassification, exchange or change of such shares, or upon exercise or conversion of any securities of the Company after the date hereof. Any such Company Shares and/or other security of the Company shall automatically become subject to the terms of this Agreement, and Schedule A hereto shall be deemed amended accordingly; and

(e) agrees further that, upon request of Parent, such Supporting Securityholder shall execute and deliver any additional documents, consents or instruments and take such further actions as may reasonably be deemed by Parent to be necessary or desirable to carry out the provisions of this Agreement.

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ARTICLE IV

REPRESENTATIONS AND WARRANTIES OF PARENT AND HOLDCO

Each of Parent and Holdco represents and warrants to each Supporting Securityholder that as of the date hereof and as of the Closing:

(a) each of Parent and Holdco is duly incorporated, validly existing and in good standing under the laws of the Cayman Islands and has all requisite power and authority to execute and deliver this Agreement and to perform its obligations hereunder. This Agreement has been duly and validly executed and delivered by Parent and Holdco and, assuming due authorization, execution and delivery by the Supporting Securityholders, constitutes a legal, valid and binding obligation of Parent and Holdco, enforceable against Parent and Holdco in accordance with its terms, except as enforcement may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar Laws affecting creditors’ rights generally and by general principles of equity (regardless of whether considered in a proceeding in equity or at law);

(b) except for the applicable requirements of the Exchange Act and Laws of the Cayman Islands, (i) no filing with, and no permit, authorization, consent or approval of, any Governmental Entity is necessary on the part of Parent or Holdco for the execution, delivery and performance of this Agreement by Parent and Holdco or the consummation by Parent and Holdco of the transactions contemplated hereby, and (ii) neither the execution, delivery or performance of this Agreement by Parent and Holdco, nor the consummation by Parent and Holdco of the transactions contemplated hereby, nor compliance by Parent and Holdco with any of the provisions hereof shall (A) conflict with or violate any provision of the organizational documents of Parent or Holdco, (B) result in any breach or violation of, or constitute a default (or an event which, with notice or lapse of time or both, would become a default) under, or give to others any rights of termination, amendment, acceleration or cancellation of, or result in the creation of a Lien on such property or asset of Parent or Holdco pursuant to, any Contract to which Parent or Holdco is a party or by which Parent or Holdco, or any of their property or asset is bound or affected, or (C) violate any order, writ, injunction, decree, statute, rule or regulation applicable to Parent or Holdco any of their properties or assets;

(c) Except as contemplated by the Merger Agreement or otherwise agreed to by the Parties hereto, at and immediately after the Closing, there shall be (i) no options, warrants, or other rights to acquire share capital of Holdco or Parent, (ii) no outstanding securities exchangeable for or convertible into share capital of Holdco or Parent, and (iii) no outstanding rights to acquire or obligations to issue any such options, warrants, rights or securities; and

(d) at the Rollover Closing, the Holdco Shares to be issued under this Agreement shall have been duly and validly authorized and when issued and delivered in accordance with the terms hereof, will be validly issued, fully paid and nonassessable, free and clear of all claims, liens and encumbrances, other than restrictions arising under applicable securities Laws.

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ARTICLE V

TERMINATION

This Agreement, and the obligations of the Supporting Securityholders hereunder (including, without limitation, Section 1.2 hereof), shall terminate and be of no further force or effect immediately upon the earlier to occur of (a) the Closing and (b) the date of termination of the Merger Agreement in accordance with its terms. Notwithstanding the preceding sentence, this Article V and Article VI shall survive any termination of this Agreement. Nothing in this Article V shall relieve or otherwise limit any party’s liability for any breach of this Agreement prior to the termination of this Agreement. If for any reason the Merger fails to occur but the Rollover Closing contemplated by Article II has already taken place, then Holdco and Parent shall promptly take all such actions as are necessary to restore each such Supporting Securityholder to the position it was in with respect to ownership of the Rollover Securities prior to the Rollover Closing.

ARTICLE VI

MISCELLANEOUS

Section 6.1 Notices. All notices and other communications hereunder shall be in writing in the English language and shall be deemed duly given (a) on the date of delivery if delivered personally, or if by facsimile or e-mail, upon written confirmation of receipt by facsimile or e-mail, or (b) on the first Business Day following the date of dispatch if delivered utilizing a next-day service by a recognized next-day courier. All notices hereunder shall be delivered to the addresses set forth below (or at such other address for a party as shall be specified in a notice given in accordance with this Section 6.1):

(i) If to a Supporting Securityholder, to the address set forth next to such Supporting Securityholder’s name on Schedule A hereto.

(ii) If to Parent and/or Holdco:

c/o 16/F, A3 Building, Kexing Science Park

15 Keyuan Road North, Nanshan District

Shenzhen, Guangdong, 518057

People’s Republic of China

Attention:         Michael Xiangyu Chen

Facsimile:         +86-755-8653-0126

With a copy (which shall not constitute notice) to:

Kirkland & Ellis

26^th Floor, Gloucester Tower

The Landmark

15 Queen’s Road, Central

Hong Kong

Attention:         David Zhang

                          Jesse Sheley

Facsimile:         +852-3761-3301

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Section 6.2 Capacity. None of the Supporting Securityholders executing this Agreement who is or becomes during the term hereof a director or officer of the Company shall be deemed to make any agreement or understanding in this Agreement in such Person’s capacity as a director or officer. Notwithstanding anything to the contrary in this Agreement, (i) each Supporting Securityholder is entering into this Agreement, and agreeing to become bound hereby, solely in his or its capacity as a beneficial owner of the Securities owned by him or it and not in any other capacity (including without limitation any capacity as a director or officers of the Company) and (ii) nothing in this Agreement shall obligate such Supporting Securityholder or his or its Representatives to take, or forbear from taking, as a director or officer of the Company, any action which is inconsistent with his or its fiduciary duties under the applicable Laws.

Section 6.3 Severability. Any term or provision of this Agreement which is invalid or unenforceable in any jurisdiction shall, as to that jurisdiction, be ineffective to the extent of such invalidity or unenforceability without rendering invalid or unenforceable the remaining terms and provisions of this Agreement in any other jurisdiction. If any provision of this Agreement is so broad as to be unenforceable, such provision shall be interpreted to be only as broad as is enforceable.

Section 6.4 Entire Agreement. This Agreement and the Merger Agreement embody the complete agreement and understanding among the parties hereto with respect to the subject matter hereof and thereof and supersede and preempt any prior understandings, agreements or representations by or among the parties, written or oral, which may have related to the subject matter hereof in any way.

Section 6.5 Specific Performance. Each Supporting Securityholder acknowledges and agrees that monetary damages would not be an adequate remedy in the event that any covenant or agreement of such Supporting Securityholder in this Agreement is not performed in accordance with its terms, and therefore agrees that, in addition to and without limiting any other remedy or right available to Parent and Holdco, and Parent and Holdco will have the right to an injunction, temporary restraining order or other equitable relief in any court of competent jurisdiction enjoining any such breach and enforcing specifically the terms and provisions hereof. Each Supporting Securityholder agrees not to oppose the granting of such relief in the event a court determines that such a breach has occurred, and to waive any requirement for the securing or posting of any bond in connection with such remedy. All rights, powers, and remedies provided under this Agreement or otherwise available in respect hereof at law or in equity shall be cumulative and not alternative, and the exercise or beginning of the exercise of any thereof by Parent and/or Holdco shall not preclude the simultaneous or later exercise of any other such right, power or remedy by Holdco and/or Parent.

Section 6.6 Amendments; Waivers. At any time prior to the Expiration Time, any provision of this Agreement may be amended or waived if, and only if, such amendment or waiver is in writing and signed, in the case of an amendment, by the Supporting Securityholders, Holdco and Parent, or in the case of a waiver, by the party against whom the waiver is to be effective. Notwithstanding the foregoing, no failure or delay by a party hereto in exercising any right hereunder shall operate as a waiver thereof nor shall any single or partial exercise thereof preclude any other or further exercise of any other right hereunder.

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Section 6.7 Governing Law; Dispute Resolution; Jurisdiction. This Agreement shall be interpreted, construed, performed and enforced in accordance with the Laws of the State of New York without giving effect to its principles or rules of conflict of laws to the extent such principles or rules would require or permit the application of the Laws of another jurisdiction. In the event any dispute arises among the parties hereto out of or in relation to this Agreement, including any dispute regarding its breach, termination or validity, the parties shall attempt in the first instance to resolve such dispute through friendly consultations. If any dispute has not been resolved by friendly consultations within thirty (30) days after any party has served written notice on the other parties requesting the commencement of such consultations, then any party may demand that the dispute be finally settled by arbitration in accordance with the following provisions of this Section 6.7. The arbitration shall be conducted in accordance with the Hong Kong International Arbitration Centre (“HKIAC”) Administered Rules in force when a notice of arbitration is submitted. The seat and venue of the arbitration shall be Hong Kong and the language of the arbitration shall be English. The appointing authority shall be the HKIAC. There shall be three arbitrators. One arbitrator shall be nominated by the claimant(s) and one arbitrator shall be nominated by the respondent(s). If either the claimant(s) or respondent(s) shall abstain from nominating their arbitrator, the HKIAC shall appoint such arbitrator. The two arbitrators so chosen shall select a third arbitrator; provided that if such two arbitrators shall fail to choose a third arbitrator within thirty (30) days after such two arbitrators have been selected, the HKIAC, upon the request of any party, shall appoint a third arbitrator. The third arbitrator shall be the presiding arbitrator. The parties agree that the arbitration shall be kept confidential and that the existence of the proceeding and any element of it shall not be disclosed beyond the tribunal, the parties, their legal and professional advisers, and any Person necessary for the conduct of the arbitration, unless otherwise required by Law or the parties hereto otherwise agree in writing. The parties agree that all documents and evidence submitted in the arbitration (including without limitation any statements of case and any interim or final award, as well as the fact that an arbitral award has been made) shall remain confidential both during and after any final award that is rendered unless otherwise required by Law or the parties hereto otherwise agree in writing. Upon and after the submission of any dispute to arbitration, the parties shall continue to exercise their remaining respective rights, and fulfill their remaining respective obligations under this Agreement, except insofar as the same may relate directly to the matters in dispute. The parties hereby agree that any arbitration award rendered in accordance with the provisions of this Section 6.7 shall be final and binding upon them, and the parties further agree that such award may be enforced by any court having jurisdiction over the party against which the award has been rendered or the assets of such party wherever the same may be located. In any arbitration proceeding, any legal proceeding to enforce any arbitration award and in any other legal proceeding among the parties pursuant to or relating to this Agreement, each party expressly waives the defense of sovereign immunity and any other defense based on the fact or allegation that it is an agency or instrumentality of a sovereign state or is otherwise entitled to immunity.

Section 6.8 Waiver of Jury Trial. Each party hereto hereby irrevocably and unconditionally waives to the fullest extent permitted by applicable Laws any right it may have to trial by jury with respect to any litigation directly or indirectly arising out of, under or in connection with this Agreement or the transactions contemplated by this Agreement.

Section 6.9 No Third Party Beneficiaries. Nothing in this Agreement, express or implied, is intended to confer on any Person other than the parties hereto (and their respective successors, heirs and permitted assigns), any rights, remedies, obligations or liabilities, provided, however, that the Company is an express third-party beneficiary of this Agreement and shall be entitled to specific performance of the terms hereof, including an injunction or injunctions to prevent breaches of this Agreement by the parties thereto, in addition to any other remedy at law or equity.

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Section 6.10 Assignment; Binding Effect. Neither this Agreement nor any of the rights, interests or obligations hereunder shall be assigned by any of the parties hereto (whether by operation of law or otherwise) without the prior written consent of the other parties, except that Parent may assign this Agreement (in whole but not in part) in connection with a permitted assignment of the Merger Agreement by Parent, as applicable. Subject to the preceding sentence, this Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors and permitted assigns and, in the case of each Supporting Securityholder, his, her or its estate, heirs, beneficiaries, personal representatives and executors.

Section 6.11 No Presumption Against Drafting Party. Each of the parties to this Agreement acknowledges that it has been represented by independent counsel in connection with this Agreement and the transactions contemplated by this Agreement. Accordingly, any rule of law or any legal decision that would require interpretation of any claimed ambiguities in this Agreement against the drafting party has no application and is expressly waived.

Section 6.12 Counterparts. This Agreement may be executed in two or more consecutive counterparts (including by facsimile or email pdf format), each of which shall be an original, with the same effect as if the signatures thereto and hereto were upon the same instrument, and shall become effective when one or more counterparts have been signed by each of the parties and delivered (by telecopy, email pdf format or otherwise) to the other parties; provided, however, that if any of the Supporting Securityholders fails for any reason to execute, or perform their obligations under, this Agreement, this Agreement shall remain effective as to all parties executing this Agreement.

[Signature Pages to follow]

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IN WITNESS WHEREOF, the parties hereto have duly executed and delivered this Agreement as of the date and year first written above.

[SIGNATURE PAGE TO SUPPORT AGREEMENT]

IN WITNESS WHEREOF, the parties hereto have duly executed and delivered this Agreement as of the date and year first written above.

[SIGNATURE PAGE TO SUPPORT AGREEMENT]

[SIGNATURE PAGE TO SUPPORT AGREEMENT]

[SIGNATURE PAGE TO SUPPORT AGREEMENT]

SCHEDULE A

Exhibit 99.5

PRIVILEGED AND CONFIDENTIAL

STRICTLY PRIVATE AND CONFIDENTIAL

31 December 2015

Dear Sirs:

Project Dream – Commitment Letter

We, Shanghai Pudong Development Bank Co., Ltd., Shanghai Branch as the mandated lead arranger (the “Mandated Lead Arranger”) and underwriter (the “Underwriter”), are pleased to set out the terms and conditions on which the Mandated Lead Arranger irrevocably commits to arrange, and the Underwriter irrevocably commits to underwrite and to provide, 100% of a term facility of US$161,000,000 (the “Facility”).

The Facility shall be used in connection with the proposed merger (the “Acquisition”) between (i) the Borrower, a limited liability company formed under the laws of the Cayman Islands for the purpose of such merger (and which is wholly-owned indirectly by the shareholder(s) of Dream Technology Holdings Limited, which direct shareholder(s) include (or will on or prior to the Closing Date include) (i) Michael Xiangyu Chen and Dream Data Services Limited, (ii) Anfernee Song Guan and DT01 Holding International Limited, (iii) THL A19 Limited, (iv) Prometheus Capital (International) Co, Ltd. and (v) Ultimate Lenovo Limited (collectively, the “Shareholders”)) and (ii) iDreamSky Technology Limited (the “Target” and 100% of the shares of the Target being the “Target Shares”), and such merger is intended to be funded in part by the proceeds of the Facility.

This letter is to be read together with the term sheet attached hereto as Appendix A to this letter (the “Term Sheet”; together with this letter and appendices attached hereto, this “Commitment Letter”). Each capitalised term defined in the Term Sheet, unless otherwise defined in this Commitment Letter or the other Underwriting Documents (as defined below), has the same meaning when used in this Commitment Letter. For purposes of the Underwriting Documents:

“Business Day” means a day (other than a Saturday or Sunday) in which banks are open for general business in Beijing, the Cayman Islands, Hong Kong, London and New York.

“Fee Letter” means the fee letter from the Mandated Lead Arranger and the Underwriter to the Borrower dated on or about the date of this Commitment Letter.

“Target Group” means the Target and its subsidiaries from time to time.

“Underwriting Documents” means this Commitment Letter (including the Term Sheet and other appendices to this Commitment Letter) and the Fee Letter.

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and upon satisfaction or waiver (by the Underwriter) of such conditions, the initial funding under the Facility shall occur.

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provided that where the relevant LMA Precedent Finance Documents contain a drafting option, are silent on a particular point or the provisions of the relevant LMA Precedent Finance Documents require more than minor or technical changes in order to be incorporated into the Facility Agreement or, as the case may be, the Intercreditor Agreement, the relevant option or language shall be such option or language as is reasonably requested by the Mandated Lead Arranger (which shall generally be the options and changes that the Mandated Lead Arranger has customarily used in the past with similarly situated borrowers as the Borrower for similar financings) or if the Mandated Lead Arranger do not specify any option or language within 5 Business Days of the date of a written request by you (for such option or language), such option or language reasonably requested by you, provided that such option or language shall not be inconsistent with the Term Sheet or the Underwriting Documents.

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in each case, including any caps that are agreed to apply in the event that no utilisation is made under the Facility Agreement.

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Each of the parties shall not make, and shall cause each of its Affiliates not to make, any public announcement regarding the Acquisition or the Facility without the prior consent of each of the other parties (such consent not to be unreasonably withheld or delayed), except to the extent required by law, regulation or applicable governmental or regulatory authority (including any applicable stock exchange). On and after the date on which the Acquisition is publicly announced or disclosed, each of the Mandated Lead Arranger and the Underwriter shall have the right, at its own expense, to disclose its participation in the Facility, including without limitation, the placement of “tombstone” advertisements in financial and other newspapers, journals and in marketing materials.

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The MLA Parties may not assign or transfer any of their rights or obligations under the Underwriting Documents except in favour of an Affiliate of the MLA Parties or as expressly permitted by the Underwriting Documents which shall be notified to the Borrower at least five (5) Business Days before such assignment or transfer.

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The offer by the Mandated Lead Arranger and the Underwriter set out in this Commitment Letter (the “Offer”) shall remain in effect until 5 p.m., Hong Kong time on the date falling 14 Business Days after the date of this Commitment Letter (as may be extended by all of the Mandated Lead Arranger and the Underwriter in writing), at which time it will automatically expire unless before then the Mandated Lead Arranger and the Underwriter have received your written agreement to and written acceptance of each Underwriting Document.

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Each Underwriting Document may be executed in any number of counterparts, and this has the same effect as if the signatures and/or execution on such counterparts were on a single copy of such Underwriting Document.

with a copy (which shall not constitute notice) to:

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or such other address and/or details as may from time to time be notified by you to each of the Mandated Lead Arranger and the Underwriter.

(in the case of Shanghai Pudong Development Bank Co., Ltd., Shanghai Branch)

or such other address and/or details as may from time to time be notified by the Mandated Lead Arranger to you.

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We hereby notify you that pursuant to the requirements of the USA PATRIOT Act, Title III of Pub. L. 107-57 (signed into law October 26, 2001) (the “PATRIOT Act”), each of the Mandated Lead Arranger, the Underwriter and the Lenders is required to obtain, verify and record information that identifies each Obligor, which information includes the name, address, tax identification number and other information regarding each Obligor that will allow such Mandated Lead Arranger, Underwriter or Lender to identify each Obligor in accordance with the PATRIOT Act. This notice is given in accordance with the requirements of the PATRIOT Act and is effective as to the Mandated Lead Arranger, the Underwriter and the Lenders.

If you agree to the above, please sign, date and return to the Mandated Lead Arranger the enclosed copies of this Commitment Letter and the Fee Letter prior to the time specified in paragraph 13 (Period of Offer). We look forward to working with you on this transaction.

Yours faithfully,

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[Signature Page to the Commitment Letter]

For and on behalf of

SHANGHAI PUDONG DEVELOPMENT BANK CO., LTD., SHANGHAI BRANCH

as Mandated Lead Arranger

[Company chop is affixed]

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[Signature Page to the Commitment Letter]

For and on behalf of

SHANGHAI PUDONG DEVELOPMENT BANK CO., LTD., SHANGHAI BRANCH

as Underwriter

[Company chop is affixed]

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[Signature Page to the Commitment Letter]

We agree the terms set out above.

Date: 31 December 2015

For and on behalf of

Dream Merger Sub Limited

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ANNEX A

SUMMARY TERMS AND CONDITIONS – OFFSHORE TERM FACILITY

1.		Holdco:		Dream Technology Holdings Limited, a special purpose company incorporated under the laws of the Cayman Islands and wholly owned, directly or indirectly, by the Sponsors and other co-investors.
2.		Parent:		Dream Investment Holdings Limited, a special purpose company incorporated under the laws of the Cayman Islands and wholly owned, by Holdco.
3.		Mergerco:		Dream Merger Sub Limited, a special purpose company incorporated under the laws of the Cayman Islands and wholly owned, directly, by the Parent.
4.		Target:		iDreamsky Technology Limited, a company incorporated under the laws of the Cayman Islands and listed on the Nasdaq Global Select Market.
5.		Group:		Mergerco (or, on and after the Closing Date, the Target) and each of its subsidiaries from time to time (each, a “Group Member”).
6.		WFOE Entities		Beijing Chuangmeng Wuxian Technology Co., Ltd. and
7.		VIE Entities		Chuangmeng Wuxian (Beijing) Information & Technology Co., Ltd. , Shenzhen iDreamSky Technology Co., Ltd and Shenzhen Mengyu Technology Co., Ltd
8.		Target Group:		Target and its subsidiaries from time to time, including for the avoidance of doubt each VIE Group Member (each, a “Target Group Member”).
9.		Founders:		Mr. Michael Xiangyu Chen and Anfernee Song Guan
10.		Sponsors:		1.		The Founders, Dream Data Services Limited, DT01 Holding International Limited, THL A19 Limited, Promethevs Capital (International) Co., Ltd. Ultimate Lenovo Limited and/or their respective designated parties;
				2.		any Approved Investor that has become a shareholder of Holdco immediately prior to the Closing Date; and
				3.		any other investor(s) designated by the Borrower (in writing to the Mandated Lead Arranger prior to the Closing Date) and that have become shareholder(s) of Holdco immediately prior to the Closing Date (“Co-investors”).
				“Approved Investors” means persons named in a list of investors agreed in writing between the Borrower and the Mandated Lead Arranger acting reasonably on or prior to the date of the Commitment Letter.

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Leverage Ratio: Total Net Debt to EBITDA in respect of each Relevant Period ending on or after the First Financial Covenant Test Date

Debt Coverage Ratio: EBITDA-Tax Payable -Cash Dividend Payable - Interest Expense /S/T Loan +CPLTD +Interest Expense

“Relevant Period” means each period of 12 months ending on the First Financial Covenant Test Date and its anniversary dates.

“Total Net Debt” means, at any time, the aggregate amount of all obligations of Group Members for or in respect of financial indebtedness (on a consolidated basis) at that time.

Definitions relating to financial covenants shall be agreed and finalised in the Facilities Agreement.

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						(r)		restriction on guarantees or indemnities except for customary exceptions (collectively the “Permitted Guarantees”);
						(s)		restriction on dividends and share redemption, other payments to any shareholder of the Parent or any of the Sponsors and their respective Affiliates and payments under subordinated debt (collectively, “Restricted Payments”) except for certain customary rights to make distributions, including (i) customary distributions and/or payments to pay tax liabilities and overhead expenses of any direct or indirect parent, to the extent that such payments cover taxes that are attributable to the activities of the Borrower or its Subsidiaries, (ii) payment of legal, accounting and other ordinary course corporate overhead or other operational expenses of any such parent not to exceed an amount to be agreed in any financial year and (iii) constituted by any part of the Permitted Restructuring (collectively “Permitted Distributions”); and
						(t)		Restriction on placing any revenue of any Group Member with a bank other than the Facility Agent.
				Restrictions on movements of cash – cash in
						(u)		restriction on the incurrence of financial indebtedness except for (i) financial indebtedness under the Finance Documents and any permitted refinancings thereof, (ii) non-speculative hedging transactions, (iii) the working capital loan in the amount of RMB110,000,000 advanced by the Lender to Shenzhen iDreamSky Technology Co., Ltd , (iv) purchase money indebtedness and capital leases in an amount to be agreed with the Mandated Lead Arranger, (v) indebtedness of an acquired company on terms and in amounts to be agreed with the Mandated Lead Arranger (“Acquired Indebtedness”), (vi) refinancings of permitted financial indebtedness, subject to customary limitations, a general debt basket of an amount to be agreed with the Mandated Lead Arranger which may be secured to the extent permitted as Permitted Security (“Refinancing Indebtedness”), (vii) financial indebtedness incurred pursuant to the Permitted Restructuring and (viii) other customary exceptions, including intra-group indebtedness, provided that the VIE Entities may only incur term financings with the Mandated Lead Arranger or an Affiliate subject to exceptions as agreed by the Mandated Lead Arranger; and

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