Article 1: In order to regulate the transaction behavior of steel products on the Sinoali B2B foreign trade steel platform (hereinafter referred to as the "platform"), clarify the rights and obligations of both parties in the transaction, ensure the safe, compliant and orderly conduct of the transaction, and safeguard the legitimate rights and interests of both buyers and sellers, in accordance with relevant laws and regulations, international trade practices and the relevant rules of the platform, this transaction details are hereby formulated.
Article 2 This transaction details are applicable to all steel product transactions conducted between all入驻 merchants and registered buyers on the platform (collectively referred to as "both parties to the transaction"). Both parties conducting transactions on the platform are deemed to have fully read, understood, and voluntarily complied with these details and the relevant rules of the platform.
Article 3 Transaction Premise
1. Both parties involved in the transaction must have completed platform registration and relevant certifications, ensuring that their identities are legitimate, the information is true and valid, and they possess the necessary qualifications for conducting steel foreign trade transactions.
2. The trading products must comply with the platform's release standards and relevant laws and regulations, and must not contain any prohibited, illegal or non-compliant elements that violate the import and export regulations.
3. Both parties involved in the transaction should adhere to the principles of honesty, equality and mutual benefit, abide by international trade practices, and voluntarily fulfill the transaction agreements.
Article 4 Transaction Process
1. Demand Matching: Both parties of the transaction communicate their demands through the platform channels, clarify the core requirements of the transaction, and reach an initial transaction intention.
2. Transaction Agreement: Both parties reached consensus on the core terms of the transaction, signed a formal transaction contract, clearly defined the rights and obligations of both parties and related agreements. The contract is legally binding.
3. Payment: The buyer makes the relevant payments in accordance with the agreed payment method and terms as stipulated in the contract. Once the merchant confirms that the payment has been received, the performance process will be initiated as per the agreement.
4. Fulfillment and Delivery: The merchant completes the pre-ordering, inspection and other procedures as per the contract, selects a compliant logistics channel to complete the delivery, and provides relevant transaction documents.
5. Inspection and Confirmation: After the buyer receives the goods, they will conduct the inspection as per the contract terms. Once the inspection is passed, the transaction will be confirmed; if there are any objections, they will be handled in accordance with the agreed procedures.
6. Transaction Completion: Once both parties have completed the acceptance and confirmation, or have reached a consensus solution to any disputes, this transaction is officially completed. The merchant will then provide the agreed-upon after-sales service as per the terms.
Article 5 Rights and Obligations of Both Parties to the Transaction
1. Both parties to the transaction have the right to demand that the other party fulfill the obligations as stipulated in the contract. They also have the right to reject unreasonable requests from the other party and safeguard their own legitimate rights and interests.
2. The merchant must truthfully disclose all relevant information about the product, ensure that the product complies with the transaction agreement and relevant standards, and fulfill the obligations of stock preparation, delivery, and after-sales service as agreed.
3. The buyer is required to truthfully provide the procurement requirements, make the payment as per the contract agreement, complete the goods acceptance in a timely manner, and cooperate with the merchant to carry out the relevant procedures for performance.
4. Both parties involved in the transaction should maintain proper communication and properly keep all transaction-related documents. They must not engage in any actions that harm the legitimate rights and interests of the other party or the platform.
Article 6 Transaction-related Agreements
1. Core terms such as transaction price, payment method, and delivery deadline shall be determined through negotiation between the two parties involved and clearly stated in the contract. No changes shall be made without authorization.
2. The product quality must comply with the agreed terms of the transaction and relevant standards. Any quality disputes shall be handled in accordance with the contractual provisions and the relevant rules of the platform.
3. The merchant is required to provide the necessary transaction documents that meet the requirements, and cooperate with the buyer to handle customs clearance and other related matters.
4. In case the performance of the transaction is affected by unforeseeable and unavoidable factors such as force majeure, the relevant parties shall promptly inform the other party and handle the matter in accordance with the law in a proper manner.
Article 7 Handling of Transaction Disputes
In case of disputes during the transaction process, both parties should first attempt to resolve them through friendly negotiation. Once a consensus solution is reached, a supplementary agreement should be signed.
If no agreement can be reached through negotiation, you can apply to the platform for mediation. Cooperate with the platform in conducting investigations and collecting evidence, and abide by the mediation result of the platform.
3. If mediation fails, both parties of the transaction can, in accordance with the dispute resolution method stipulated in the contract, seek legal means to protect their own legitimate rights and interests.
Article 8 Supplementary Provisions
1. For matters not covered in this transaction details, the relevant rules of the platform, international trade practices, and relevant laws and regulations shall be followed.
2. The platform may, based on industry development and operational requirements, revise the details of this transaction. The revised details will be announced through the official channels of the platform. Once the announcement period expires, the revised details will come into effect.
3. The details of this transaction are to be explained by the platform operator. It will come into effect as of the date of its release.