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    HI CAR USER AGREEMENT

    Preamble: Agreement Confirmation and Acceptance

    Welcome to the "HI CAR" used car and auto parts trading platform (hereinafter referred to as the "Platform" or "Service"), operated by Beijing Lianyi Nihao Automobile Technology Co., Ltd. (hereinafter referred to as the "Company", "Platform", "we", or "our"). The Platform acts as a third-party online trading service, established and operating in accordance with the laws of the People's Republic of China, and is intended to provide services including matchmaking, information display, and related assistance to sellers from China ("Sellers") and buyers from abroad ("Customers" or "You").

    Before registering as a user of the Platform, browsing product information, purchasing any paid services, placing a deposit, or performing any other operations, you must carefully read and fully understand the entire content of this User Agreement (hereinafter referred to as the "Agreement"), especially the clauses highlighted in bold, underlined, or otherwise emphasized, concerning your significant rights (such as payment, limitation or exclusion of liability, dispute resolution). If you disagree with any provision of this Agreement or cannot accurately understand its meaning, immediately cease using the Service. Your actions of registering, logging in, using, clicking "Agree", or continuing to use will be deemed as confirmation that you have read, understood, agreed to, and fully accept this Agreement and its periodically updated versions, and agree to be bound by them.

    ARTICLE 1. DEFINITIONS AND INTERPRETATION

    1.1 Platform/Service: Refers to all online services and related offline assistance services provided by the Company through the website www.hicarhub.com, mobile application, or other forms, including but not limited to: publication and viewing of product information, negotiation and matchmaking for concluding transactions, paid membership services, ordering vehicle inspection reports from third-party organizations, placing and holding deposits, resolution of transaction disputes, assistance with export procedures and logistics information.

    1.2 Seller: An individual or legal entity registered on the Platform and verified by the Platform, using the Platform's services to sell used cars or auto parts to foreign customers and located within the territory of China.

    1.3 Customer/You: An individual or legal entity or other organization, not a resident of China, registered on the Platform and using the Platform's services to purchase goods or services from Sellers.

    1.4 Subscription Fee: The fee you voluntarily pay to the Platform for a monthly, semi-annual, or annual period to obtain specific membership privileges (as outlined in Article 3.2 of this Agreement). This fee does not auto-renew or auto-debit. Upon the expiration of each service period, if you wish to continue enjoying membership privileges, you must actively renew the payment yourself.

    1.5 Vehicle Inspection Report Fee: The fee you pay to obtain an electronic report on the condition of a specific vehicle from a qualified third-party inspection organization cooperating with the Platform.

    1.6 Deposit: A monetary guarantee of a specified amount that you pay through the Platform's payment system to be held by the Platform to reserve the right to purchase a specific vehicle, in accordance with this Agreement and the rules on the corresponding vehicle's page. On this Platform, the deposit amount for each vehicle transaction is typically 200 US Dollars. After full payment for the vehicle, the deposit is credited towards the payment. The rules for forfeiture of the deposit are detailed in Article 3.2.

    ARTICLE 2. ACCOUNT REGISTRATION, USE, AND MANAGEMENT

    2.1 You undertake to provide accurate, truthful, complete, and up-to-date personal information during registration (including, but not limited to, a valid email address, phone number, country of residence) and to update it promptly. You understand that providing inaccurate information may affect your use of the Service or the protection of your rights.

    2.2 You are responsible for maintaining the confidentiality of your username, password, and any authentication information, and bear full legal responsibility for all activities conducted under your account. If you discover any unauthorized use of your account or security vulnerabilities, you must immediately notify the Platform.

    2.3 The Platform has the right to manage user accounts, including but not limited to requiring identity verification, suspending, or terminating services, based on business development, risk control, legal requirements, or the protection of the rights and interests of other users.

    ARTICLE 3. CONTENT, NATURE OF PLATFORM SERVICES, AND LIMITATION OF LIABILITY

    3.1 Nature of Platform Services: The Platform acts as a neutral provider of technical services and a trading venue, aiming to provide network space, technical support, and transaction facilitation for lawful transactions between Sellers and You. The Platform itself is not a party to any transaction (neither buyer nor seller), does not participate in specific sales of goods, and does not act as an agent, guarantor, or joint debtor for either party. Except as expressly provided in this Agreement or Platform rules, the Platform assumes no express or implied warranty or guarantee regarding the authenticity, accuracy, legality, or timeliness of product information published by Sellers (including but not limited to condition descriptions, parts descriptions, images, prices).

    3.2 Details of Core Services and Payment Explanations:

    •Membership Services: Privileges may include: unlimited viewing of detailed vehicle and parts information, assistance in obtaining information on export procedures, informational support for arranging domestic logistics, consultations with a personal manager. You purchase the subscription entirely voluntarily, based on your own needs. All paid subscription fees are non-refundable under any circumstances (including, but not limited to, you ceasing to use the services mid-term, dissatisfaction with the services, or termination of the Agreement) and cannot be exchanged or transferred during the service period.
    •Third-Party Vehicle Inspection: To assist your decision-making, the Platform can connect you with a third-party inspection organization. If the final conclusion of the inspection report confirms the presence of "significant defects" (definition below) not disclosed by the Seller, and upon preliminary verification by the Platform this is confirmed, the Platform will facilitate the full refund of the inspection fee you paid to you, while the cost of the inspection is borne by the Seller. "Significant defects" include but are not limited to: the vehicle being a severely damaged accident vehicle (affecting structural safety), a flood-damaged vehicle, a fire-damaged vehicle, or confirmed malicious tampering with the odometer readings (mileage rollback). The Platform is not responsible for the work process, technical competence, or accuracy of the conclusions of the third-party inspection organization.
    •Deposit Rules: After placing a deposit for a vehicle, you obtain the priority right to purchase that vehicle. You must complete the full payment for that vehicle within three working days from the time the deposit is placed (based on the time of successful deposit placement recorded by the Platform's system). In case of late payment, this is considered a unilateral breach on your part, and the deposit amount will be withheld by the Platform as a penalty and will not be refunded. If the transaction cannot be completed due to the Seller's fault (e.g., the vehicle is already sold, cannot be delivered as agreed, etc.), the Platform will facilitate the full refund of the deposit by the Seller or refund it directly to you.
    •Logistics and Export Assistance: For sold vehicles, the Platform can provide assistance in arranging logistics within China, as well as guidance on procedures and assistance in preparing documents necessary for customs clearance and other export formalities. The scope of these services is limited to the specified border point or location in China. The specific content of services and corresponding domestic logistics costs, export fees, etc. will be detailed in the "Vehicle Sales Contract" concluded between you and the Seller, or shown to you in a prominent manner before placing the deposit. These costs are borne by you.
    •Exclusion of Liability for Subsequent Cross-Border Stages: All costs, procedures, risks, and responsibilities related to the international transportation of the goods or vehicle from the Chinese border to your specified destination, customs clearance for import in the destination country, payment of customs duties, VAT, recycling fees, as well as compliance with all applicable laws and regulations of the destination country, lie solely with you. The Platform may, at your request, recommend relevant international logistics or customs clearance service providers but is not responsible for the quality of their services, timeliness, or any problems arising.
    •Special Note on Parts Transactions: Information about auto parts sold on the Platform is uploaded and is entirely the responsibility of the Sellers themselves. The Platform cannot and will not conduct any form of review or provide guarantees regarding the quality, performance, compatibility, authenticity, or legality of the parts. If you discover any quality issues after receiving the parts, you should promptly report them through the Platform's official channels. The Platform will assist you in communicating with the Seller according to established rules, but does not guarantee a resolution outcome and is not responsible for any advance compensation.
    •Vehicle Inspection Report Fee: Except for the refund case expressly stated in Article 3.2(2), the vehicle inspection report fee is non-refundable after payment.

    3.3 Platform Assistance Obligations: After a transaction is completed, if you have reasonable evidence that the actual condition of a vehicle seriously deviates from the Seller's description, or that parts have significant defects, you have the right to file a complaint with the Platform. The Platform will actively perform its coordinating function, assisting you in pursuing compensation claims against the Seller, or providing necessary documents evidencing the transaction process if you decide to resolve the dispute through legal means. Such assistance by the Platform does not constitute an endorsement or guarantee of the Seller's liability and does not imply that the Platform will bear any joint, several, or supplemental compensation liability.

    ARTICLE 4. COSTS AND PAYMENT

    4.1 In the process of using the Service, you may incur various costs, including subscription fees, vehicle inspection report fees, product prices, deposits, Platform-announced domestic logistics, and export fees. All payments must be made through the secure third-party payment channels designated by the Platform.

    4.2 You are obliged to ensure that your payment account is active and has sufficient balance or credit limit to complete payments. In case of late payment of any due amounts, the Platform has the right to suspend or terminate providing you with part or all of the services, which may lead to adverse consequences.

    ARTICLE 5. USER CONDUCT STANDARDS AND COMMITMENTS

    5.1 You undertake to comply with all applicable laws, regulations, and rules of the People's Republic of China, as well as the laws and regulations of your country or region, and not to use the Platform for any illegal, fraudulent, infringing (including but not limited to infringement of intellectual property rights, trade secrets, or personal privacy), harassing, or network information security-damaging activities.

    5.2 You are prohibited from maliciously publishing false information, disparaging the reputation of Sellers or the Platform, conducting sham transactions, disrupting the normal trading order on the Platform, or engaging in any activities that may create an unreasonable load on the Platform's systems.

    ARTICLE 6. LIMITATION OF LIABILITY AND DISCLAIMER

    6.1 To the maximum extent permitted by law, the Platform, its affiliates, directors, employees, and agents shall not be liable for any damage (including but not limited to loss of profits, loss of goodwill, data loss, incidental, or consequential damage) directly or indirectly caused by the following reasons:

    •Force majeure events (such as natural disasters, war, unrest, government actions, telecommunication interruptions, hacker attacks, infiltration, or activation of computer viruses);
    •Any disputes arising from the Seller providing false information or defects in title/quality of goods;
    •Erroneous actions on your part, misunderstanding transaction information, failure to carefully read contract terms or Platform rules;
    •Your violation of this Agreement or relevant rules;
    •Payment channel failures or fund security incidents not caused by gross negligence of the Platform;
    •Delays, detentions, fines, or other losses caused by factors beyond the Platform's control in cross-border transactions, such as changes in the destination country's legislation, policy, customs restrictions, or trade restrictions.

    6.2 The Platform provides services based on existing technology and conditions, making commercially reasonable efforts to ensure service continuity and security, but does not give any warranty regarding uninterrupted, error-free, timely, or absolutely accurate services.

    6.3 Under no circumstances shall the total liability of the Platform to you under this Agreement (whether based on contract, tort, or otherwise) exceed the total amount of service fees actually paid by you to the Platform for the individual transaction giving rise to the relevant claim.

    ARTICLE 7. AMENDMENT, SUSPENSION, AND TERMINATION OF THE AGREEMENT

    7.1 The Platform has the right to unilaterally amend or update this Agreement in connection with business adjustments, technological development, changes in legislation, or the need to maintain trading order. The amended Agreement will be published in a prominent location on the Platform's official website or mobile application and will take effect from the date of publication. If you disagree with the amendments, you have the right to cease using the Service. If you continue to use the Service after the amendments take effect, it will be deemed as your acceptance of the amended Agreement.

    7.2 You have the right to terminate this Agreement by closing your account. The Platform may also unilaterally immediately suspend or terminate providing services to you in case of serious violation by you of this Agreement, legislation, or regulatory requirements, while retaining the right to pursue corresponding legal liability.

    ARTICLE 8. GOVERNING LAW, JURISDICTION, AND OTHER PROVISIONS

    8.1 The conclusion, validity, interpretation, performance, amendment, termination, and dispute resolution of this Agreement shall be governed by the laws of the People's Republic of China (excluding its conflict of law rules).

    8.2 Any dispute, disagreement, or claim arising in connection with this Agreement or the use of the Platform's services shall first be attempted to be settled by the parties through friendly negotiations. If negotiations are unsuccessful, either party shall have the right to submit the dispute to the competent people's court at the location of the entity operating the Platform — Beijing Lianyi Nihao Automobile Technology Co., Ltd., i.e., in Changping District, Beijing, China.

    8.3 If any provision of this Agreement is deemed invalid or unenforceable by a judicial body having jurisdiction, it shall not affect the validity and enforceability of the remaining provisions.

    8.4 Failure or delay by the Platform to exercise any right under this Agreement shall not constitute a waiver of that right. The exercise of one right or part of rights shall not hinder the exercise of other rights.

    8.5 This Agreement constitutes the entire agreement between you and the Platform regarding the use of the Service and supersedes all prior or contemporaneous oral or written communications, proposals, and statements.