1. Confirmation and Acceptance of the Terms

1. By checking a box, clicking to confirm acceptance of these Terms, or otherwise using Platform services, you acknowledge that you have read and agree to be bound by these Terms, including any supplemental terms, amendments, or updates that the Platform may subsequently publish.

2. If you do not agree with any part of these Terms, please stop the registration process immediately and discontinue use of the Platform services.

2. User Registration and Account Management

1. Users must complete registration using truthful, accurate, and valid registration contact information (the mobile phone number or email address required by the applicable registration flow) and company information. Buyers and suppliers must select the appropriate role based on their actual identity and are legally responsible for all activities conducted under their accounts.

2. Users must properly safeguard their account names, passwords, and verification information and may not transfer, lend, or authorize others to use their accounts in any form. If any account abnormality is discovered, the Platform must be notified promptly.

3. Users undertake that information provided during registration and use of the Platform is truthful, complete, and lawful. If such information changes, users must update it promptly. Users bear responsibility for consequences caused by inaccurate information.

3. Platform Services

1. LionKing Global provides buyers and suppliers with electronic trading-related services, including publication of chip part numbers, RFQ and quotation matching, inventory display, verification services, and market information distribution.

2. Users may publish supply information and purchase requests, participate in spot inventory ranking, and apply for value-added services such as manufacturer verification, authorized distributor verification, SSCP verification, and VIP verification. Specific benefits are subject to the information published on the Platform.

3. The Platform may adjust service content, benefits, and fee standards based on business development. Users will be notified through platform announcements or messages before such adjustments take effect.

4. User Conduct

1. Users may not use the Platform to publish unlawful, infringing, false, or misleading information or engage in conduct that violates applicable laws, regulations, or industry standards.

2. Users must ensure that commercial information they publish, including inventory part numbers, prices, date codes, lots, and quantities, is truthful and valid. Users may not engage in malicious bidding, sham transactions, or conduct that disrupts the normal operation of the Platform.

3. Transaction disputes arising between users through the Platform should be resolved through friendly negotiation. The Platform may mediate in accordance with its rules but does not assume a direct transaction guarantee obligation.

5. Intellectual Property and Confidentiality

1. Intellectual property rights in the Platform's software, designs, trademarks, data, content, and other materials belong to LionKing Global. No person may reproduce, scrape, or commercially use such materials without written authorization.

2. Public commercial information published by users is deemed authorized for reasonable display and promotion by the Platform. Both parties must maintain the confidentiality of trade secrets.

6. Limitation of Liability and Disclaimers

1. The Platform provides services on an “as is” basis and makes no express or implied warranties regarding transactions between users, including, without limitation, warranties of merchantability or fitness for a particular purpose.

2. To the extent reasonable, the Platform is not liable for service interruptions caused by force majeure, hacking, system maintenance, or third-party causes, but will make reasonable efforts to provide notice and restore services promptly.

7. Amendments and Termination

1. The Platform may update these Terms. Revised Terms will be published on the Platform, and continued use of the services will be deemed acceptance of the revised Terms.

2. If a user violates these Terms, the Platform may suspend or terminate the user's account and reserves the right to pursue legal liability.

8. Governing Law and Dispute Resolution

1. The formation, performance, and interpretation of these Terms are governed by the laws of the People's Republic of China.

2. Any dispute arising from these Terms should first be resolved through friendly negotiation. If negotiation fails, either party may bring an action before a people's court with jurisdiction at the place where the operator of LionKing Global is located.