LEGAL DISCLAIMER AND TERMS OF USE

1. Corporate Identity and Regulatory Status

This website and its entire content, materials, data, and information (collectively, the "Content") are the exclusive property of and have been prepared by XinXi Asset Management (Hong Kong) Limited (hereinafter referred to as "XinXi", "we", "our", or "us").

XinXi is a licensed corporation strictly regulated by the Securities and Futures Commission of Hong Kong (the "SFC") with Central Entity Number (CE No.) BWE 918 to carry on Type 1 (Dealing in Securities), Type 4 (Advising on Securities), and Type 9 (Asset Management) regulated activities under the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong) (the "SFO").

2. No Offer, No Advice, and No Fiduciary Relationship

The Content is provided for general informational and educational purposes only. Under no circumstances shall the Content be construed as:

• An offer, invitation, recommendation, solicitation, or inducement to buy, sell, subscribe for, or otherwise deal in any securities, funds, or financial instruments;

• Legal, tax, accounting, regulatory, or investment advice; or

• An endorsement of any investment strategy.

Crucially, your access to or use of this website does not, and is not intended to, create any client, advisory, fiduciary, or professional relationship between you and XinXi.

You are solely responsible for evaluating the merits and risks associated with the use of any information on this website before making any investment decisions.

3. Strict Professional Investor and Compliance Declarations

This website is strictly directed at, and intended solely for, "Professional Investors" as defined under the SFO and its subsidiary legislation.

By accessing this website, you irrevocably represent, warrant, and covenant to XinXi that:

1. You are a legally qualified "Professional Investor" under Hong Kong law (or the equivalent under your local jurisdiction);

2. Your access to this website does not violate any applicable laws or regulations of your jurisdiction; and

3. You are not subject to any sanctions administered or enforced by the United Nations, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), the European Union, or any other relevant sanctions authority.

If you do not meet these criteria, you must exit this website immediately. XinXi reserves the right to terminate access to any user at our absolute discretion.

4. Absolute Disclaimer of Warranties

All Content is provided strictly on an "AS IS" and "AS AVAILABLE" basis. To the maximum extent permitted by applicable law, XinXi expressly disclaims all warranties, representations, and guarantees of any kind, whether express, implied, statutory, or otherwise, including but not limited to warranties of accuracy, completeness, timeliness, merchantability, non-infringement, and fitness for a particular purpose.

XinXi does not warrant that the website will function uninterrupted, be secure, or be free from viruses, cyber-attacks, or other malicious components. Reliance on any Content is undertaken entirely at your own absolute risk.

5. Maximum Limitation and Exclusion of Liability

To the fullest extent permitted by law, XinXi, its shareholders, directors, officers, employees, agents, and affiliates shall bear NO LIABILITY WHATSOEVER for any direct, indirect, incidental, consequential, special, punitive, or exemplary damages (including, without limitation, loss of capital, loss of profits, loss of anticipated savings, loss of goodwill, or loss of data) arising out of or in connection with:

• Your access to, use of, or inability to access or use this website;

• Any errors, omissions, or inaccuracies in the Content, including data provided by third-party market data providers;

• Any action taken or not taken in reliance on the Content; or

• Any system failure, delay in transmission, or unauthorized interception of communications by third parties.

This rigorous limitation of liability applies whether the alleged liability is based on contract, tort (including negligence), strict liability, or any other legal theory, even if XinXi has been expressly advised of the possibility of such damages.

6. Investment Risks and Forward-Looking Statements

Past performance is strictly not indicative of future results. The value of investments may fall as well as rise, and investors may lose their entire invested capital.

The Content may contain "forward-looking statements" based on current expectations, estimates, and projections. These statements are inherently subject to significant business, economic, and competitive uncertainties and contingencies, many of which are beyond XinXi's control. Actual outcomes may differ materially. XinXi undertakes no obligation to update or revise any forward-looking statements.

7. Comprehensive Indemnification

By accessing this website, you irrevocably agree to fully indemnify, defend, and hold harmless XinXi and its directors, officers, employees, and affiliates from and against any and all claims, liabilities, damages, losses, regulatory actions, fines, costs, and expenses (including legal fees on a full indemnity basis) arising out of or resulting from your breach of these Terms, your unauthorized use of the Content, or your violation of any applicable laws or third-party rights.

8. Intellectual Property Rights

All intellectual property rights associated with this website and the Content (including but not limited to copyrights, trademarks, algorithms, and proprietary data) are exclusively owned by or licensed to XinXi. You are strictly prohibited from copying, reproducing, distributing, modifying, scraping, deep-linking, or commercially exploiting any part of this website without XinXi's prior written consent.

9. Modification, Severability, and Waiver

XinXi reserves the absolute right to modify, suspend, or discontinue any aspect of the website or revise these terms at any time without prior notice. Your continued use of the website constitutes your acceptance of the revised terms.

If any provision of these terms is deemed unlawful, void, or unenforceable by a court of competent jurisdiction, that provision shall be deemed severable and shall not affect the validity and enforceability of the remaining provisions. No waiver of any right or provision by XinXi shall be deemed a further or continuing waiver of such right or provision.

10. Governing Law and Exclusive Jurisdiction

These terms and your use of the website shall be governed by and construed strictly in accordance with the laws of the Hong Kong Special Administrative Region. Any dispute, controversy, or claim arising out of or relating to these terms shall be subject to the exclusive jurisdiction of the courts of Hong Kong.