Inquiry Rules & Compliance
Transparent · Compliant · Protected
Compliance Declaration
1. Non-Auction Declaration: The 'Online Inquiry' feature is not an auction under the PRC Auction Law. Key distinctions: (1) no public bidding (offers are private); (2) no highest-bidder-wins (seller may accept or reject any offer); (3) no fixed increment; (4) no minimum participants; (5) platform sets no deposit. This is a price negotiation service.
2. Platform Role: The platform serves as an information intermediary. It does not set prices, handle funds, define bidding rules, determine outcomes, or guarantee transactions. Both parties assess risks independently.
3. Information Disclosure: All equipment information is truthfully disclosed, including known defects, leasing acquisition sources, and transfer risks. Seller remains liable for known but undisclosed defects.
4. Title Guarantee: Seller truthfully discloses title status. Some units lack registration certificates; transfer is obstructed. Seller does not assist with transfer. Buyer assumes transfer risks. Buyer may not cancel or claim if seller has not concealed or misrepresented.
Inquiry Process
01
Browse
Review specs, photos, appraisal, and risk disclosures
02
Book Inspection
Inspect equipment in person before making an offer
03
Submit Offer
Submit your price privately to the seller. Offers are not visible to others
04
Seller Response
Seller reviews and accepts or rejects. Seller may accept or reject any offer
05
Deal & Delivery
Sign contract, arrange delivery with full legal documents
Transaction Guarantees
Fund Safety
No escrow — direct buyer-seller transactions. Deposits agreed between parties, platform does not handle funds
Transparency
Full disclosure of condition, defects, appraisal, and legal docs. Seller liable for concealed defects
Legal Protection
Transactions are protected by the Civil Code of the PRC and other applicable laws. The intent reached online and the offline sales contract are legally binding. The platform provides standard-term notices and contract templates to help both parties clarify rights and obligations.
Fair Liability
Mutual liability. Seller liable for non-delivery, buyer liable for late payment
Platform Services
This platform is an agricultural machinery information display and exchange platform offering information display, AI valuation references and other value-added services. We do not facilitate equipment transactions, hold transaction funds, or charge closing fees or commissions for inquiry matching. For value-added services such as auctions, the applicable fees are published on the respective service page. Buyers and sellers transact directly.
Membership
Free / ¥88 / ¥158 / ¥288
Tiered access to listing views, AI valuations, and premium features
AI Valuation
Pay-per-use
Data-driven valuation reports based on specs, market data, and usage
Important Notice
- No transaction-related service fees, commissions or handling charges apply to inquiry matching. For value-added services such as auctions, the applicable fees are published on the respective service page. All transactions are conducted directly between buyers and sellers.
- The platform itself does not collect or disburse transaction funds, maintain any fund pool, or provide fund custody or guarantee services on its own. Where such services exist, they are provided independently by duly licensed institutions in accordance with the law.
- Any deposits are agreed and handled solely between parties. The platform does not set amounts, verify payments, or mediate disputes.
- Membership and AI valuation fees are for value-added information services, unrelated to transactions. VAT invoices provided.
Risk Warnings
Standard Terms Notice
Per PRC Civil Code Art. 496, please note the following terms (full terms in the sales contract):
Please review these terms carefully before signing the contract. Consult a lawyer if needed.
FAQ
What's the difference between inquiry and auction?
Online inquiry lets buyers submit private offers and sellers decide whether to accept. Key differences from auctions: (1) no public bidding — offers are private; (2) seller may accept or reject any offer; (3) no fixed increment; (4) no minimum participants; (5) platform sets no deposit. This is a price negotiation service, not an auction.
What if the equipment can't be transferred?
Equipment ownership sources vary. Some equipment may lack registration certificates, be lease-acquired, or have transfer restrictions. Sellers must disclose ownership source and known restrictions on the listing page. Buyers should verify transfer and registration feasibility with local agricultural authorities before placing an offer. All risks arising from inability to transfer or register are borne by the buyer. Unless the seller has concealed or misrepresented facts, the buyer may not use incomplete title documents as grounds to rescind the contract or claim damages.
How is equipment quality ensured?
Sellers must disclose known flaws on the listing page (such as missing parts, cosmetic damage, functional defects, etc.). Equipment is sold as-is. The seller is not liable for defects discoverable by reasonable inspection, but remains liable for major defects known or should-have-been-known and not disclosed, as well as losses caused by intentional concealment or misrepresentation. If hidden defects are found after delivery, the buyer must notify the seller in writing within the agreed period.
Is a deposit required?
The platform does not require deposits. Any earnest money is agreed between buyer and seller directly — the platform does not collect, verify, or hold funds. Unlike auctions, deposits here are a commercial arrangement between parties.
What about liability for breach?
Liability is mutual. Buyer late payment: deposit (if any) forfeited + contract cancelled + 6-month restriction. Seller non-delivery: full refund + 5-10% penalty + actual losses. Title fraud or concealed defects: buyer may cancel and claim damages.
Are there service fees after closing?
This feature is an information and price-inquiry matching service. It charges no transaction service fees, commissions, or closing fees. Membership and AI valuation fees are value-added information service fees, For value-added services such as auctions, the applicable fees are published on the respective service page. Buyers and sellers complete transactions and payments per their contract.