I. OWNERSHIP OF RIGHTS AND DATA SOURCES

1. Certain coal-industry data, price information and market analysis information displayed on this website (https://mmic.com.cn) (collectively, the “Data and Information”) are compiled and organized from sources including China Coal Resource (www.sxcoal.com), Mysteel (https://www.mysteel.com/), and other channels. The Website has exercised reasonable care in identifying the original sources of the Data and Information; however, ownership of intellectual property rights in the original data and the scope of any authorization shall be determined by the official statements of the original rights holders. The Website holds copyright only in the overall compilation created through its organization and arrangement of the Data and Information.

2. The organization and display of the Data and Information by the Website are intended solely to provide users with convenient industry-information reference and do not constitute any claim of ownership of, or endorsement of, the content of the Data and Information. The processing of original data may involve technical adjustments such as format conversion, unit conversion, and statistical analysis. Accordingly, the compiled Data and Information may differ to some extent from the original sources. Final data should be verified against the information officially published by China Coal Resource.

II. “AS IS” / “AS AVAILABLE” BASIS AND DISCLAIMER

1. All Data and Information provided by the Website are made available to users on an “AS IS” and “AS AVAILABLE” basis. The Website makes no express or implied warranties, including, without limitation, any warranty regarding:

(1) the accuracy, completeness, timeliness, reliability, or non-misleading nature of the Data and Information;

(2) whether the Data and Information are suitable for any particular business purpose, trading decision, or investment basis; or

(3) whether the Website’s services will be uninterrupted, timely, secure, or error-free.

2. User Responsibility and Assumption of Risk: Users bear all risks and responsibilities arising from any analysis, judgment, transaction, investment, or other business decision made on the basis of the Data and Information provided by the Website. The Website, its operator, affiliates, employees, partners, and other related parties shall not bear any legal liability for any direct, indirect, incidental, special, or consequential loss arising from the use of or reliance on the Website’s Data and Information, including, without limitation, loss of profits, trading losses, or business interruption.

III. INFRINGEMENT COMPLAINTS AND HANDLING PROCEDURE

The Website places a high priority on the protection of intellectual property rights. If any rights holder believes that Data and Information compiled and displayed on the Website infringes its lawful rights or interests, including, without limitation, copyright or trade secrets, the rights holder should submit a formal written notice together with supporting evidence of rights through the contact details below. Upon receipt of a valid notice, the Website will, in accordance with applicable laws and regulations and the “notice-and-takedown” rule, complete an initial review within 5 business days and, within 15 business days, take necessary measures including, without limitation, removal, blocking, or disabling of links.

Contact Email: ruiheng@mmic.com.cn

Telephone: 0471-3276585

Address: Wan Jin Xiang Yun 17-4-102, Yuquan District, Hohhot, Inner Mongolia, China (内蒙古呼和浩特市玉泉区万锦香韵17-4-102)

IV. EXTERNAL LINKS AND THIRD-PARTY CONTENT DISCLAIMER

The Website may contain links to third-party websites or may reference research reports, opinions, or other content provided by third parties. Such content is independently provided by third parties. The Website makes no warranty as to its authenticity, legality, or validity and assumes no joint or related liability. Users access such links or rely on third-party content at their own risk.

V. AMENDMENTS

The Website reserves the right to revise this Disclaimer from time to time in response to changes in laws and regulations or operational needs. Any revised Disclaimer will be published on this page and will take effect on the date of publication. In the event of any dispute concerning the interpretation or implementation of this Disclaimer, applicable laws and regulations and the final judgment of a court of competent jurisdiction shall prevail.

VI. GOVERNING LAW AND JURISDICTION

The formation, performance, interpretation, and dispute resolution of this Disclaimer shall be governed by the laws of the People’s Republic of China. If any dispute arises between the parties concerning the contents or implementation of this Disclaimer, the parties shall endeavor to resolve the dispute through amicable consultation. If no resolution can be reached through consultation, either party may bring an action before a People’s Court of competent jurisdiction at the place where the Website operator is located.