TERMS & CONDITIONS

1. Introduction
These Terms and Conditions (“Agreement”) govern the use of services provided by HY-TECH INDUSTRIAL CO., LIMITED, a company registered under the laws of HONGKONG, and engaged in international trade, including but not limited to the import, export, and distribution of goods. By engaging with our services, you (“Customer,” “Buyer,” or “User”) agree to comply with these terms.

2. Scope of Services
The Company provides the following services:
– Sourcing, procurement, and export/import of goods as agreed with the Customer.
– Logistics coordination, including shipping, customs clearance, and documentation.
– Consultancy on international trade compliance and regulations.

3. Orders and Acceptance
– All orders must be submitted in writing (e.g., email or purchase order).
– Orders are binding only upon written confirmation by the Company.
– The Company reserves the right to reject orders at its sole discretion.

4. Pricing and Payment Terms
– Pricing: Prices are quoted in USD/EUR/CNY and exclude taxes, duties, or shipping costs unless stated otherwise.
– Payment Methods: Payment shall be made via Bank Transfer, PayPal or others as agreed together.
– Payment Deadline: Full payment is due within 10 days of invoice issuance. Late payments may incur interest at2%-5% per month.
– Currency Fluctuations: Prices may adjust in case of significant currency exchange rate changes.

5. Shipping and Delivery
– Delivery Terms: Shipments are governed by [Incoterms 2020] (e.g., FOB, CIF, DAP). Responsibility for goods transfers as per the agreed Incoterm.
– Delays: The Company is not liable for delays caused by force majeure (e.g., natural disasters, strikes, customs issues).
– Inspection: Goods must be inspected within 7 days of delivery. Claims for defects must be submitted in writing within this period.

6. Compliance and Legal Obligations
– The Customer agrees to comply with all applicable export/import laws, sanctions, and regulations (e.g., U.S. Export Administration Regulations, EU Dual-Use Regulations).
– The Company reserves the right to refuse transactions involving prohibited goods or sanctioned entities.

7. Risk and Title
– Risk of Loss: Risk transfers to the Customer as per the agreed Incoterm.
– Title Retention: Title to goods remains with the Company until full payment is received.

8. Cancellation and Returns
– Orders may be canceled only with written consent from the Company. Cancellation fees may apply.
– Returns are accepted only for defective goods, subject to prior approval and compliance with return procedures.

9. Force Majeure
Neither party is liable for failure to perform obligations due to events beyond reasonable control, including war, pandemics, government actions, or natural disasters.

10. Intellectual Property
All trademarks, logos, and proprietary information remain the exclusive property of the Company. Unauthorized use is prohibited.

11. Limitation of Liability
– The Company’s liability is limited to the value of the transaction.
– We are not liable for indirect, consequential, or punitive damages.

12. Confidentiality
Both parties agree to keep business, technical, and financial information confidential unless disclosure is required by law.

13. Dispute Resolution
– Governing Law: This Agreement is governed by the laws of CHINA.
– Arbitration: Disputes shall be resolved through arbitration in HONGKONG,CHINA or SHENZHEN, CHINA under the rules of Arbitration Institution.

14. Amendments
The Company may update these Terms at any time. Continued use of services constitutes acceptance of revised terms.