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Legal terms

1. Statement and Commitment

1.1You confirm that you have fully read, understood and accepted all the contents of this agreement before applying to enter the LBU mining machine mall. Once you use this service, you agree to follow all the provisions of this agreement.


1.2 You agree that LBU Mining Machinery Mall has the right to make changes to the content of this agreement from time to time based on changes in national laws and regulations, business adjustments, product updates, and maintenance of transaction order. The content of the agreement is announced on the LBU mining machine mall website (www.lbu.com), and we will not notify you separately. If you continue to use the service after the content of this agreement has been changed, it means that you have fully read, understood and accepted the content of the revised agreement, and will follow the content of the revised agreement to use the service; if you do not agree to the revised content you should stop using the service.


1.3 You declare that when you agree to accept this agreement and register and activate the store, you have full capacity for civil rights and capacity for civil conduct required by law, and are a natural person, legal person or other organization that can independently bear civil liability. The content of this agreement is not excluded by your country or region. If you do not meet the aforementioned conditions, you should immediately terminate the registration or stop using the service.


1.4 The rules of the LBU mining machine mall include all the rules that have been published on the LBU mining machine mall website (www.lbu.com) and subsequent rules, interpretations, announcements, etc., as well as various rules, implementation rules, and implementation rules published in the help center, product process descriptions, announcements, etc. You are obliged to comply with the content published by the rules of the LBU mining machine mall.


2. Special Agreement


2.1 The LBU mining machine mall may make certain modifications to the general settings of your store's back-end based on the operation and promotion needs of your store. For example, the goods will be paid in accordance with the platform payment rules after entering the LBU mining machine mall. The modification does not require your prior consent, and you will not pursue any liability of LBU mining machine mall for this reason.


2.2 When you withdraw from the LBU mining machine mall, you will not be able to participate in the activities of the LBU mining machine mall, and the products of your store will not be included or displayed in the LBU mining machine mall. After each item of your product successfully enters the LBU mining machine mall, your shop cannot voluntarily exit within 30 days, unless the LBU mining machine mall removes the store's merchandise.


2.3 Liability Limitation of LBU Mining Machine Mall

LBU Mining Machine Mall fulfills its guarantee obligations in accordance with the law, but LBU Mining Machine Mall does not comply when the following situation which  with the following reasons which include performance obstacles, performance defects, performance delays and changes in performance content occur: 


(一)

Due to force majeure factors such as natural disasters, strikes, riots, wars, government stipulations, judicial administrative orders, etc.


(二)

Due to public service factors such as power supply failures, communication network failures, or third-party factors


2.4 [Information Assurance]

LBU mining machine mall only provides services to you. You understand that the information on the LBU mining machine mall platform is published by you. Since the LBU mining machine mall has the characteristics of multi-information and the separation of information from the physical object, the LBU mining machine mall cannot review the information of the goods and/or services, as well as the quality, safety and legality of the goods and/or services involved in the transaction. Authenticity and accuracy. Therefore, you should ensure that the goods and or services you publish do not have quality, safety and other issues and bear all responsibilities for them.


2.5 [Intervention Decision] You understand and agree that when you have a dispute with consumers, LBU Mining Machine Mall will intervene in the service and the customer service and staff of LBU Mining Machine Mall are not professionals, and can only use the judgement of ordinary people. Therefore, except for intentional or gross negligence, you should follow LBU's decision in disputes and LBU's decision to intervene shall be exempt.


3. Publish of Information and Commitment


3.1 [Publication of Information] You declare and warrant that you have corresponding legal rights to the information you publish. Otherwise, the LBU mining machine mall can delete or block the information you publish in accordance with the law or in accordance with this agreement.

3.2 [Prohibited Information] You should ensure that the information you publish does not contain the following content:

(一)

Information that violates of prohibitive provisions of national laws and regulations;

(二)

Political propaganda, feudal superstition, obscenity, pornography, gambling, violence, terror, or abetting information

(三)

Fraudulent, false, inaccurate or misleading information;

(四)

Information that infringes on the intellectual property rights of others or involves third-party trade secrets and other proprietary rights

(五)

Insultation, slander, intimidation, involvement the privacy of others and other information that infringes on the legitimate rights and interests of others

(六)

Viruses, Trojan horses, crawlers and other malicious software and program codes that damage, tamper with, delete, or affect the normal operation of any system of the LBU Mining Machine Mall or unauthorized and secretly obtain the data and personal information of the LBU Mining Machine Mall platform and other users

(七)

Other information that violates the public interest or public morals of the society and the information that is not suitable for publishing on the LBU mining machine mall according to the relevant LBU mining machine mall agreement and rules.


4. Application of Law, Jurisdiction or Others


4.1 The validity, interpretation, modification, execution and dispute resolution of this agreement shall be governed by general rules of international law. If there are no relevant legal provisions, reference shall be made to general international business practices and/or industry practices.

4.2 If any clause of this agreement is deemed invalid or unenforceable, the above clauses can be separated, and the remaining clauses still have legal effect.

4.3 If any party to this agreement waives the rights stipulated in this agreement due to the other party's negligence or breach of contract, it shall not be regarded as a waiver of other or similar negligence or breach of contract by one party.

4.4 This agreement comes into effect when you complete the registration steps in accordance with the LBU mining machine mall entry process or when you use the services under this agreement.

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