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Buyer Onboarding Agreement

Sets out demand registration, confidentiality of requirements, introduction advancement and fee arrangements for buyers.

Version: 1.0 Effective: 2026-11-01 Document no.: IL-LEGAL-BUYER-1.0 Language: English

Contents

The Chinese version of this Agreement prevails. Other language versions are provided for convenience only; in case of ambiguity or conflict, the Chinese version shall prevail.
Document no.IL-LEGAL-BUYER-1.0
Version1.0
Effective2026-11-01
Applies toAll agreements and policies

Article 1 Demand Registration and Accuracy

The buyer shall submit genuine and specific procurement requirements, including subject matter, specifications, quantity, place of delivery, budget range and timing, and warrants their authenticity.

For false requirements, malicious enquiries or registrations aimed at extracting supplier quotations, the Platform may terminate services and place the entity on a watch list.

Article 2 Confidentiality and Purpose Limitation

The Platform uses non-public information in procurement requirements only for matching purposes and manages it under the Privacy Policy and confidentiality provisions. The buyer likewise bears confidentiality obligations in respect of supplier quotations and terms learned through matching.

The buyer shall not bypass the Platform to transact directly with a supplier already introduced by the Platform so as to avoid brokerage remuneration; where direct contracting is genuinely required, the buyer shall notify the Platform in writing in advance and pay the agreed brokerage remuneration.

Article 3 Definitions

"Platform" means the website, applications, interfaces and all related services provided by the operator; "User" means any natural person, legal person or unincorporated organization that accesses or uses the Services; "Services" means all products and business publicly offered and orderable on the Platform.

Terms such as "matched pair", "resource package", "data package", "membership benefit" and "information report" shall have the scope and quantities stated on the corresponding pages of the Platform.

Article 4 Acceptance and Effectiveness

By browsing, registering, placing an order, making a payment, calling an interface or otherwise using the Services, the User is deemed to have fully read, understood and agreed to this Agreement and the related rules published on the Platform. Those who do not agree shall immediately stop using the Services.

This Agreement takes effect on the date the User first uses the Services and remains in force until the account is closed or the Platform terminates the Services in accordance with this Agreement. The Platform may update this Agreement in line with business and legal requirements; updates take effect upon publication.

Article 5 Account and Eligibility

The User shall have the legal capacity appropriate to the transactions concerned. A User acting for a legal person or unincorporated organization warrants that it is duly authorized and is responsible for all acts of that entity.

The User shall provide true, accurate, complete and valid identity and entity information and shall update it promptly upon change. The User bears the consequences of untrue, outdated or incomplete information; the Platform may verify information and refuse or suspend the Services accordingly.

Article 6 User Obligations and Conduct Undertakings

The User undertakes not to use the Platform for anything unlawful, contrary to public order and good morals, or infringing the lawful rights of third parties, including without limitation publishing false information, forging qualifications, infringing intellectual property, commercial bribery, money laundering or sanctions evasion.

The User shall not interfere with or disrupt the normal operation of the Platform, shall not scrape, copy or resell Platform data beyond the scope authorized, and shall not use Platform data for any unlawful purpose or any purpose conflicting with the lawful rights of third parties.

Article 7 Fees, Pricing and Payment

Prices, billing units and validity periods of the Services are those displayed on the corresponding Platform page at the moment of ordering. The Platform may adjust prices in accordance with law; adjustments do not affect orders already concluded and paid.

The User shall pay in the manner designated by the Platform and quote the order number when paying. For bank transfers, the amount and time actually credited to the Platform account shall govern; remittance charges, foreign-exchange losses and overseas bank fees are borne by the User.

If payment is not made in full within the agreed period, the Platform may cancel the order or suspend delivery. Service fees are non-refundable once delivered, unless mandatory law provides otherwise or the parties agree in writing.

Article 8 Confidentiality

Trade secrets, quotations, customer lists, matching targets, data content and other non-public information of one party that the other party learns in performing this Agreement are confidential information and may be used only for the purpose of performing this Agreement.

The confidentiality obligation continues from disclosure until the information enters the public domain or the rights holder consents in writing to disclosure. Breach causing loss to the other party entails liability for damages.

Article 9 Term, Suspension and Termination

This Agreement remains in force from its effective date until the parties’ rights and obligations are fully performed or it is terminated in accordance with its terms. Membership and subscription services run from the start and end dates stated in the order; rights automatically end if not renewed on expiry.

The Platform may suspend or terminate the Services without liability in any of the following cases: material breach by the User of this Agreement or Platform rules; provision of false information or fraudulent conduct; request by a competent authority; or termination, bankruptcy or liquidation of the User.

Termination does not affect rights and obligations accrued before termination, nor the survival of confidentiality, intellectual property ownership, limitation of liability and dispute resolution provisions.

Article 10 Notices and Service

The Platform may send notices to the User via on-site messages, the order page, email, SMS or other means it deems appropriate. A notice is deemed served when sent to the contact details provided at registration or order, or subsequently updated by the User.

The User shall keep its contact details true, valid and up to date. Failure to receive a notice due to incorrect, invalid or un-updated contact details constitutes valid service, and the User bears the consequences.

Article 11 Limitation of Liability and Indemnity

Where direct loss to the User is caused by the Platform’s own fault, the Platform’s liability is limited to the fees the User has actually paid for the matter in dispute. The Platform is not liable for indirect or consequential loss such as lost profits, lost opportunities or data replacement costs.

The User shall indemnify and hold harmless the Platform and its affiliates against claims, penalties or losses arising from the User’s breach of law, this Agreement or Platform rules, or its infringement of third-party rights.

Article 12 Governing Law and Dispute Resolution

The formation, validity, interpretation, performance and dispute resolution of this Agreement are governed by the laws of the People’s Republic of China (excluding its conflict-of-law rules and the laws of Hong Kong, Macao and Taiwan, China).

Disputes arising from this Agreement shall first be resolved through friendly negotiation; failing that, either party may bring an action before the competent people’s court at the place where the Platform operator is domiciled. During dispute resolution, the parties shall continue to perform the provisions unaffected by the dispute.

Article 13 Language Versions

The Chinese version of this Agreement prevails, with the English version as a reference translation. Other language versions are provided solely for convenience and do not vary the Chinese version.

In case of ambiguity, omission or conflict between the Chinese version and any other language version, the Chinese version prevails; translation errors in any language do not affect the validity of the Chinese version.

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