In line with the principle of sincere cooperation, equality and mutual benefit, in order to ensure the healthy turnover of our funds and the timeliness of customer shipments, we have formulated the following financial settlement system.

Chapter I settlement method

1. The default settlement method of our company is cash settlement (that is, the freight is settled on the day of shipment). If customers in Guangzhou need to use other settlement methods (next day settlement or weekly settlement), please apply to our company and submit credit certification materials before shipment. After our company's review and approval, and both parties sign the customer cooperation agreement, settlement can be conducted according to the new settlement method. The longest settlement cycle of our company shall not exceed one week (7 days).

2. Our company strictly implements the system of "delivery upon payment". For customers who fail to settle the payables within the agreed time limit, our company will deduct the goods and charge 3 ‰ of the total overdue payment as a late fee on a daily basis. If it is less than 3 yuan, it will be charged as 3 yuan. Please make arrangements for timely reconciliation and payment. The account entry time of that day ends at 17:00 p.m., and customers who pay after that time should pay by Alipay or online recharge before 21:00, so that the system can enter the account immediately.

Chapter II payment description

1. Our company can accept RMB cash payment, bank transfer, Alipay transfer, wechat transfer and other payment methods, but not check and other payment methods. The exchange rate of foreign currency to RMB shall be subject to the real-time foreign exchange rate (middle rate) of China Construction Bank on the date of payment. Any handling charges incurred during payment shall be borne by the payer, and the actual amount recorded in our system shall prevail.

2. In case of emergency payment, please use cash payment or bank transfer, so that the system can enter the account in time and cancel the order and ship the goods in time.

2.1. Cash payment: when making cash payment, please count the amount in person, ask the payee of our company for payment vouchers and keep them properly.

3. For customers who make payment by bank transfer, Alipay transfer and other methods, please inform our business or finance department after payment. For online notification, please inform the payment method and water receipt. If there is no notification, the customer shall bear the responsibility for the delay in entry.

4. The prices quoted by our company are all in RMB (excluding tax). If the customer needs our company to issue an invoice or make payment through bank transfer to the company, he needs to pay 4% of the total amount of tax.