Service Agreement

Welcome to the Achteck Platform!

This Agreement is a valid contract entered into between Ganzhou Achteck Tool Technology Co., Ltd. (hereinafter referred to as "Achteck") and the Achteck Service School (hereinafter referred to as the "School") regarding the use of the Achteck Platform. Please read carefully and fully understand all terms and conditions, especially those clauses that limit or exempt liability (which may be presented in bold type), and then choose whether to accept. If the School does not agree to any content of this Agreement, or cannot accurately understand the meaning of any clause, please do not proceed with further operations. In addition to the following clauses, this Agreement also includes the relevant Achteck *Data Information and Privacy Protection Policy* and various business rules announced from time to time. Please read them carefully. By clicking to confirm, registering, logging in, or otherwise using Achteck's functions through the relevant Achteck pages, the School is deemed to have agreed to accept all contents of this Agreement.  

If you have any questions, suggestions, or comments regarding any provision of this Agreement or Achteck's services, please contact Achteck customer service hotline at **400-006-9898** for inquiries, consultations, or complaints.  

I. Service Content  

1.1 The School voluntarily applies to use the Achteck system. Achteck is an internet-based comprehensive technical solution that cooperates with licensed institutions such as Alipay and MYbank to provide educational payment solutions and other value-added services to schools and parents.  

For schools with legal educational qualifications (such as a school license, private education license, or certificate of business legal person, etc.) or license documents issued by government authorities that can prove the entity's legal status, Achteck does not charge service fees for the School's use of the basic version of the Achteck system for collection and payment functions. For other special cases, whether the School can be activated and the fee standards shall be implemented according to Achteck's policies. If the School uses other value-added services or products provided by Achteck or its partners, the charging standards (if any) shall be implemented according to the specific agreements signed by the parties.  

If the School uses the basic collection and payment functions of the Achteck system, Achteck will cooperate with Alipay, MYbank, and other partner institutions to ensure the security of the system. If the School uses other value-added services provided by Achteck or its partners, the School should pay attention to the terms regarding rights and obligations (especially fund settlement, account security, data security, intellectual property, operation and maintenance support, etc.) in the legal documents signed with the transaction parties (such as banks, payment institutions, fund companies, insurance companies, consumer installment service operators, software or hardware suppliers, etc., subject to the agreement signed by the School), and perform in accordance with the contractual terms between the School and the counterparty selected by the School.  

If there are any problems during the use of the service, the School may call Achteck customer service hotline (400-006-9898) for assistance.  

II. Rights and Obligations of the School  

2.1 When using this service, the School shall comply with national laws, regulations, and public order and good customs, and shall not engage in any illegal or non-compliant activities or activities inconsistent with this Agreement using the services and products provided by Achteck.  

2.2 The School warrants that all information provided during the use of this service is true, accurate, complete, and valid. Achteck will provide services to the School based on the relevant information set by the School. Any losses incurred by the School or other parties due to errors or other defects in the information provided by the School shall be borne by the School itself. The School and its actual controllers confirm that Achteck provides services based on the application materials for bound bank card accounts, operators, etc. submitted by the School's authorized personnel, and accept the consequences of such services. The School may receive commercial information such as product information, promotional offers, etc., that it is interested in or related to, via the mobile phone number or email address provided during registration; if the School does not wish to receive such information, it has the right to contact Achteck or unsubscribe through the unsubscribe function (this function is free of charge).  

2.3 The School shall correctly fill in billing information and properly keep all information in the bills. To avoid information disclosure and potential fund losses, privacy infringement, etc., except for using this service, please do not provide bill information to any other person or website in response to inquiries by phone or SMS.  

2.4 Based on the School's initiative and convenience in creating, authorizing, deleting, and other matters related to login accounts, the School understands that it has active management responsibilities for the aforementioned operations on login accounts. All operations performed through login accounts shall be deemed as acts of the School. Achteck will provide services according to instructions from login accounts, and the results of such instructions shall belong to the School. Instructions sent by the School through the Achteck system, unless there is clear evidence that the instruction was sent in error, shall not be revoked regarding the bills involved in such instructions.  

2.5 For the stability and security of this service and related transactions, the School must ensure that the bank accounts used during the enjoyment of this service are owned by the School's institution or organization, or have been validly authorized by the institution or organization, and that the source is legal and valid. The final effect of fund receipts/payments/transfers made through the aforementioned bank accounts shall be attributed to the School. If the School's principal (or legal representative) or the operator authorized by the aforementioned person operates by themselves or further authorizes third parties (whether by self-authorization or by instructing Achteck to complete the authorization) to perform operations, such operations shall be deemed as acts of the School, and the effects of such operations shall belong to the School.  

2.6 Achteck and its partners that provide products and services to the School may use the information provided by the School to offer more services to the School, but only within the scope of legality and compliance, and shall maintain the same level of confidentiality as they do for their own trade secrets. Unless written permission is obtained from the School, Achteck shall not disclose any commercial information of the School obtained during the performance of this Agreement to any unrelated third party.  

2.7 When the School has a dispute with a third party, the School may request Achteck to provide necessary coordination and assistance within the scope of its duties and obligations, but the School shall not refuse to pay any amounts due for using this service (if any) on this ground.  

2.8 Achteck shall ensure that the School can use the Achteck system stably and smoothly. If the School uses the basic collection and payment functions of the Achteck system, the specific time when user payment funds arrive at the School's bank account shall be subject to the clearing and settlement process of partner banks and payment institutions. The funds before arrival in the School's bank account shall not bear interest. When the School chooses other value-added services through Achteck, the procedures and timing for investment, subscription, redemption, settlement, and arrival of funds shall be subject to the final legal documents signed by the School regarding the transaction.  

2.9 Each party under this Agreement shall independently bear any tax obligations that arise.  

III. Rights and Obligations of Achteck  

3.1 The School entrusts Achteck to submit access materials (including qualification certificates and other materials required by partners) to payment institutions, banks, and other partners for the services selected by the School, and to retain copies. Achteck and its partners have the right to decide whether to accept the School's service application based on the School's credit status, business conditions, transaction records, and other information, and may verify the School's trading authority and identity based on registration information and other relevant factors.  

3.2 If bills sent by the School are expired, failed, erroneous, etc., Achteck will return failure information to the School, and any losses caused thereby shall be resolved by the School.  

3.3 Achteck shall ensure that the School can smoothly use the services agreed in this Agreement, and provide the School with inquiry and instruction transmission services such as transaction records, transaction fund status, account status, etc.  

3.4 If Achteck adjusts the content/items of services due to policy requirements, changes in market objective factors, product changes, regulatory requirements of partner institutions, or their acquiring and settlement policies, etc., it shall notify the changes through official announcements (https://www.imeduplus.com/), contact emails, contact phone numbers, internal messages in the management backend, or other means.  

3.5 Achteck shall keep confidential the information submitted by the School, historical transaction records, etc. during the performance of this Agreement, and shall not disclose them to any other third party except as provided in this Agreement or as required by law.  

IV. Special Matters Handling  

4.1 If the School's operating instructions are not executed, not properly executed, or delayed due to the School's failure to operate in accordance with regulations or for other reasons attributable to the School, the School shall promptly notify Achteck by calling the customer service hotline (400-006-9898). Achteck shall actively investigate and inform the School of the investigation results.  

4.2 If the bills submitted by the School to the Achteck system are overdue bills, resulting in payment failure, any costs arising therefrom (if any) shall be borne by the School. If the School has any objections to this, it may negotiate with the relevant institutional parties, and Achteck will provide assistance to the extent possible.  

4.3 When someone erroneously transfers funds to the School's account, the School has the obligation to cooperate with banks and payment institutions to handle it in accordance with their procedures.  

4.4 All matters under this Agreement shall be settled in RMB. The parties shall first take the records of partner banks and other licensed institutions as the basis for reconciliation; if there is no record from licensed institutions, Achteck's records shall prevail.  

V. Service Restrictions  

5.1 If the School falls under any of the following circumstances, given that the legal basis for cooperation has been lost or continued cooperation would cause serious harm to the legitimate rights and interests of the other party, Achteck may choose to unilaterally terminate the cooperation and, to the extent permitted by law, may take risk management measures on its own or in collaboration with partner institutions, and shall not be liable for any service interruption or termination arising therefrom:  

(1) The materials, seals, signatures, etc. submitted by the School for registration, activation, bank card binding, etc., related to the use of Achteck, are false or conceal material facts, or the information of the principal (or legal representative), authorized operator, actual controller is untrue or inconsistent with the actual situation, or there are other malicious acts such as concealment or fraud, or the principal (or legal representative) or actual controller does not agree to the School's registration, activation, or this Agreement;  

(2) The School uses Achteck services to engage in illegal or non-compliant activities, or conducts abnormal transactions such as money laundering, brushing, cash-out, etc., or the School colludes with third parties to harm the legitimate rights and interests of Achteck or other third parties;  

(3) The School is subject to administrative penalties such as bankruptcy order, revocation of business license, or revocation of educational qualifications by administrative authorities due to failure to meet requirements regarding educational qualifications, conditions, teacher management, student management, etc.;  

(4) Laws, regulations, regulatory policies, or government authorities (including administrative or judicial organs) mandatorily require Achteck to take disposal measures, or other circumstances that harm the legitimate rights and interests of Achteck or its partners.   

For the School's use of the basic collection and payment functions of the Achteck system, if any of the above circumstances occur, and if there is any disagreement among the parties, the School authorizes Achteck to initiate settlement instructions for MYbank to settle the funds in the School's account (if any) to the School's bound corporate account; if the School did not bind a corporate account at activation, the School shall, in accordance with Achteck's requirements, provide a bound account change letter bearing the true company seal and the signature (including fingerprint) of the legal representative to re-bind the settlement account. If the School fails to submit the above materials to prove that the change of bound account is the School's true intention, Achteck will, in accordance with the written authorization and requirements of the School's legal representative, assist the legal representative to complete the settlement to his/her designated account. The School acknowledges Achteck's above handling rules and consequences. Disputes between the School, principal (or legal representative), actual controller, authorized operators, third parties, or other unrelated parties shall be resolved by themselves, and shall have no bearing on Achteck. For the School's choice to use other services, if any of the above circumstances occur, Achteck will take handling measures in accordance with laws and regulations and in compliance with the requirements of regulatory authorities or licensed institutions.  

After the above circumstances cease to exist, if the School applies to restore services or remove the above restrictions, after the School provides relevant materials or supporting documents to Achteck and obtains Achteck's consent, the School may resume using Achteck's functions.  

VI. Breach of Contract  

6.1 If Achteck violates the provisions of this Agreement and causes damage to the School, Achteck shall bear liability for breach and compensate the School for direct losses incurred thereby.  

6.2 If the School violates relevant laws, regulations, regulatory requirements, or the provisions of this Agreement, causing losses to Achteck or third parties, the School shall be responsible for resolving the disputes, and its responsible persons (in the case of non-legal-entity operations) shall be jointly and severally liable with the School for the legal liability and liability for breach arising therefrom.  

6.3 If transaction interruption, transaction errors, or other results are caused by force majeure events due to telecommunication network failures, power outages, hacker attacks, bank system failures or maintenance, delays in payment institution outbound transfers, the counterparty selected by the School, or other reasons not attributable to Achteck, although not constituting a breach by Achteck, Achteck will promptly take reasonable measures to assist all parties in resolving issues, minimize the impact of the above factors on the School, and provide proof within 15 days after the force majeure event occurs.  

VII. Applicable Law and Dispute Resolution  

7.1 This Agreement shall be governed by the laws of the mainland of the People's Republic of China.  

7.2 Any dispute arising out of the confirmation, performance, or interpretation of this Agreement shall be settled through friendly negotiation between Achteck and the School. If negotiation fails, both parties agree to submit the dispute to the competent court in the place where Party B (Achteck) is domiciled.  

VIII. Miscellaneous  

8.1 The School's registration, use of authorized accounts to log in to Achteck, or use of Achteck services shall be deemed as the effective date of this Agreement, and both parties agree to and accept the binding force of this Agreement.  

8.2 One month before the expiration of this Agreement, the parties may communicate regarding cooperation and may sign a new agreement separately based on negotiation results; if the parties do not communicate on the above matters, this Agreement shall be automatically renewed for the same term, with unlimited renewals.  

8.3 Given the particularity of internet business and the wide range of customers, the School understands that Achteck may, based on policy requirements, changes in market objective factors, product changes, regulatory requirements of partner institutions, and their acquiring and operation policies, etc., adjust the terms of this Agreement and related service rules, instructions, etc., or issue new service rules, instructions, etc. Such adjustments or issuances may not be individually notified. The School agrees that Achteck may announce changes/issuances through official announcements (https://www.imeduplus.com/) or other means. For changes to the terms of this Agreement, the School has the right to contact Achteck before the effective date of the change to provide feedback; if the feedback is adopted, Achteck will adjust the change/issuance as appropriate; if the School still does not agree to the effective changes, it shall cease using Achteck services from the effective date of the change and negotiate termination arrangements with Achteck, and the change shall have no effect on the School; if the School continues to use Achteck services after the change takes effect, the School shall be deemed to agree to such adjustments and to have reached a consensus with Achteck on the changes. For service rules, instructions, etc., please check the Achteck official website (https://www.imeduplus.com/) in a timely manner.  

8.4 Any matters not covered in this Agreement regarding the cooperation between the parties may be separately addressed in supplementary agreements.  

8.5 This Agreement includes business rules, instructions, the *Data Information and Privacy Protection Policy*, etc., published from time to time on Achteck pages. Please check them promptly. The School's registration, activation, or use of Achteck products and services shall indicate agreement to all contents of this Agreement. If the School has any questions, suggestions, or comments regarding the matters under this Agreement or Achteck's services, please call Achteck customer service hotline (400-006-9898) for inquiries, consultations, or complaints.   

8.6 If any provision of this Agreement is deemed void, invalid, or unenforceable, such provision shall be deemed severable and shall not affect the validity and enforceability of the remaining provisions of this Agreement.  

8.7 The place of signing of this Agreement is the Economic and Technological Development Zone, Ganzhou City, Jiangxi Province.  

Ganzhou Achteck Tool Technology Co., Ltd.