1 INTRODUCTION

1.1 These are the Terms and Conditions of service ("Terms") which govern the use of all web sites and related services owned or operated by Sino-biz. The offer to use the web sites and related services is conditional on your acceptance of these Terms. Use of the content, services, and/or products presented in any and all areas of any of these web sites constitutes your agreement to abide by the following Terms, as well as any additional terms and conditions that are posted on specific sites.

1.2 A list of those websites ("Sites") owned or operated by Sino-biz are set out at the end of these Terms.

1.3 Please note: Where you visit, register and/or subscribe to the Site, these Terms, to the maximum extent permissible under the law of the territory that you are located in, will be governed by Chinese law and will operate as between Sino-biz and you.

1.4 Please read these Terms carefully. Each time you access a Site, these Terms will be applicable. These Terms may be amended in accordance with Clause 11 below. It is your responsibility to bring these Terms to the attention of anyone who may, through you, view material on a Site. If you have any questions regarding these terms with any of the Sino-biz Sites, please contact us at Service@china-buyingagent.com. If you do not wish to be bound by these Terms, do not use any of the Sites.

1.5 You may access a Site as follows:

(a) if you go through a registration process on that Site, as a registered user or;

(b) as a subscriber to our subscription services which we offer or may offer in the future; or (c) by accessing the Site without registration or subscription under (a) or (b), (as a "visitor").

1.6 Some areas on a Site may only be available to registered users or paid subscribers. Please also see our privacy policy.

2 DEFINITIONS

2.1 "you/your" means (as appropriate), the visitor, registered user and/or subscriber accessing a Site or using a Service.

2.2 "we/us/our" means Roy Tzeng Team.

2.3 "Services" means the on-line financial information and other services provided by us solely to registered users and/or subscribers, as described on the relevant Site when you register and/or subscribe in accordance with Clauses 5 to 8 below.

3 CONDITIONS OF USE AND INTELLECTUAL PROPERTY

3.1 All rights in the material on the Sites or provided as part of a Service (including without limitation any news sent by e-mail as part of a subscription service) (together the "Content") belong to us or our third party content providers and are protected by the copyright, trade marks, and/or other intellectual property laws of the China and other countries. You agree to abide by all applicable copyright, intellectual property and other laws, as well as the terms of any additional copyright notices or restrictions contained on the Sites or in these Terms. We may license third parties to use the Content at our sole discretion.

3.2 You agree to use the Sites and the Content solely for your own personal use and benefit and not for resale or other transfer or disposition to any other person or entity. You further agree not to use, transfer, distribute or dispose of any Content in any manner that might compete with our business.

3.3 Subject to the above, you may retrieve and display Content on a computer screen, print individual pages on paper (but not photocopy them) and store such pages in electronic form on disc (but not on any server or other storage device connected to a network), but you may not reproduce, modify or exploit any of the Content for commercial purposes. You may use the "E-mail this story to a friend" option where the facility is available to email an article from the Site to other individuals without charge provided neither you nor such other individuals exploit the Content for commercial purposes.

3.4 If it is brought to our attention that you have sold, published, distributed, retransmitted or otherwise provided access to any article(s) from the Content to anyone without our express prior written permission, we will invoice you for copyright abuse damages. Any request for permission to republish, reprint or use for any other purpose any articles from any of the Sites or our trade marks should be sent to info@chinaccm.com. Custom reprints are available either in print or electronic format and all queries should be sent to Service@china-buyingagent.com. ?

4 REPRESENTATIONS, WARRANTIES AND UNDERTAKINGS

4.1 You represent and warrant that: (a) you have the capacity to agree to these Terms; and (b) you are at least eighteen (18) years of age.

4.2 You undertake that: (a) you will not infringe the copyright or any other intellectual property or other rights in or relating to the Site or the Services or of any third party; (b) you will comply fully with the Terms; (c) you will not copy, reproduce, recompile, decompile, disassemble, reverse engineer, upload, download, transmit, create derivative works from or otherwise exploit the Site or any software which is proprietary to us or any of our third party licensors.

4.3 You are responsible for procuring the necessary equipment and the payment of telephone and other charges necessary to access the Site.

4.4 WITHOUT PREJUDICE TO THE LIMITATION OF LIABILITY PROVISIONS AT CLAUSE 10 BELOW, YOU AGREE THAT YOUR USE OF A SITE OR A SERVICE IS AT YOUR SOLE RISK AND ACKNOWLEDGE THAT ANY SITE AND/OR SERVICE AND ANYTHING CONTAINED THEREIN, INCLUDING, BUT NOT LIMITED TO, CONTENT, SERVICES, PRODUCTS OR ADVERTISEMENTS (THE "ITEMS") ARE PROVIDED "AS IS." THE ITEMS PUBLISHED ON THIS WEB SITE MAY INCLUDE INACCURACIES OR TYPOGRAPHICAL ERRORS. CHANGES ARE PERIODICALLY MADE TO THE ITEMS HEREIN. WE AND/OR OUR SUPPLIERS MAKE NO REPRESENTATIONS AND, TO THE FULLEST EXTENT ALLOWED BY LAW, DISCLAIM ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO WARRANTIES OF MERCHANTABILITY, TITLE AND FITNESS FOR A PARTICULAR PURPOSE REGARDING THE SUITABILITY OF THE INFORMATION; THE ACCURACY, RELIABILITY, COMPLETENESS OR TIMELINESS OF THE CONTENT, SERVICES, PRODUCTS, TEXT, GRAPHICS, LINKS, OR OTHER ITEMS CONTAINED WITHIN THIS SITE, OR THE RESULTS OBTAINED FROM ACCESSING AND USING ANY SITE AND/OR THE ITEMS CONTAINED THEREIN. WE DO NOT WARRANT THAT THE FUNCTIONS CONTAINED IN THE SITES WILL BE UNINTERRUPTED OR ERROR-FREE, THAT DEFECTS WILL BE CORRECTED, THAT THE SITES, INCLUDING BULLETIN BOARDS OR THE SERVERS THAT MAKE THEM AVAILABLE, ARE FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS, OR THAT THE USE OF ANY OF THE ITEMS WILL NOT INFRINGE THE INTELLECTUAL PROPERTY RIGHTS OF ANY THIRD PARTY. YOU ASSUME THE ENTIRE COST OF ALL NECESSARY MAINTENANCE, REPAIR OR CORRECTION.

4.5 Subject to and without limitation upon Clause 4.4 and Clause 10.3, we will exercise reasonable skill and care in our provision of the Services, but from time to time faults may occur, in which case we will use reasonable efforts to repair them as soon as reasonably practicable.

5 CHANGES TO THESE TERMS

5.1 We may add to or change the provisions of these Terms from time to time. All additions and changes will be notified to you by being posted on this Site and material changes will be emailed to our registered users and subscribers. It is your responsibility to refer regularly to these Terms and note the additions and changes. They will come into effect immediately on being posted on this Site and you will be deemed to have accepted them if you access a Site after that time. If you do not wish to accept them, you must terminate these Terms as described below.