Terms & Conditions

LAST UPDATED: 12 SEPTEMBER 2026

These Terms & Conditions (“Terms”) apply to quotations, sales and supplies by ICUNIKIN Electronic (HK) Limited (“ICUNIKIN”, “we”, “us” or “our”) to the customer (“Customer”, “you” or “your”). By submitting an RFQ, accepting a quotation, issuing a purchase order or accepting delivery, you agree to these Terms unless ICUNIKIN expressly agrees otherwise in writing.

1. Quotations and validity

Unless a quotation states otherwise, quotations are valid for 7 calendar days from the date issued. Quotations for urgent requirements, market-sensitive parts or limited-availability material may carry a different validity period or additional conditions. Prices, availability, quantities, lead times, packaging, condition and date-code information remain subject to ICUNIKIN’s final written confirmation.

2. Formation of contract

A contract is formed only when ICUNIKIN accepts the Customer’s written acceptance of a quotation or purchase order in writing. A quotation, website listing, RFQ response or preliminary discussion does not by itself create a binding obligation to supply. Any Customer terms that conflict with these Terms apply only if ICUNIKIN expressly accepts them in writing.

3. Prices, currency and payment

Unless otherwise stated, quotations are in United States Dollars (USD). Bank transfer charges, correspondent-bank fees and similar payment costs are borne by the Customer. Accepted payment methods are bank telegraphic transfer (T/T) and escrow; any other payment method must be agreed by both parties before order confirmation.

New Customers must pay 100% in advance unless ICUNIKIN agrees otherwise in writing. Any credit terms for established Customers must be agreed before order confirmation. ICUNIKIN may suspend performance, delay shipment or cancel an unfulfilled order if payment is not received when due.

4. Taxes, export clearance, delivery and risk

Unless expressly included in a quotation, prices exclude all taxes, export-clearance charges, customs duties, import charges, destination-clearance charges, freight, insurance and other delivery-related costs. The Customer is responsible for these costs and for import clearance at destination.

Unless otherwise agreed in writing, supply is on an EXW (Ex Works) ICUNIKIN-designated facility basis. ICUNIKIN may, at the Customer’s request, arrange shipment through DHL, FedEx, UPS or a Customer-nominated freight forwarder. Any stated delivery date is an estimate only. Risk of loss or damage passes to the Customer when the Products are handed to the first carrier, or, where the Customer arranges collection, when the Products are made available for collection.

5. Product condition, suitability and inspection

Products may include legacy, discontinued, scarce or hard-to-find electronic components. The Customer is responsible for confirming that each Product is suitable for its design, application, testing, certification, safety and regulatory requirements before use. The Customer should inspect Products promptly upon receipt and notify ICUNIKIN in writing of any concern, with supporting evidence, before installation, modification, use or resale.

For certain legacy or scarce components, original manufacturer packaging, labels or complete traceability may not be available. Product condition, available documentation, testing options and any sample requirement are assessed on a product-specific basis. Independent third-party testing or Customer sample evaluation may be arranged where appropriate, subject to separate agreement.

6. Warranty

A 60-day warranty applies only to Products from ICUNIKIN’s internally held inventory, beginning on the date the Products are handed to the carrier. Warranty terms for agency-sourced Products and urgent orders must be confirmed on a case-by-case basis before supply. To the maximum extent permitted by law, this limited warranty is the Customer’s sole remedy and replaces all other warranties, whether express, implied or statutory, including implied warranties of merchantability, fitness for a particular purpose and non-infringement.

7. Cancellations, changes and returns

After Customer confirmation, Products that have been purchased, reserved, prepared, urgently sourced or specially ordered are non-cancellable and non-returnable. Any exception requires ICUNIKIN’s prior written approval. No Product may be returned without an ICUNIKIN return authorisation. Approved returns must follow the written return instructions and may be subject to inspection, restocking, freight or other reasonable charges.

8. Limitation of liability

To the maximum extent permitted by law, ICUNIKIN’s total liability arising out of or relating to a particular supply shall not exceed the amount actually paid by the Customer for the affected Products. ICUNIKIN shall not be liable for indirect, special, incidental, consequential or punitive loss, including loss of profit, loss of production, business interruption, redesign cost, recall cost or loss arising from the Customer’s use, installation, resale or inability to use Products.

9. Compliance and permitted use

The Customer is responsible for complying with all applicable laws, regulations, import requirements, export controls, sanctions, end-use restrictions and licensing obligations. The Customer must not use, transfer, export, re-export or permit use of Products in violation of applicable law or without required approvals. The Customer is responsible for determining whether Products are appropriate for any regulated, safety-critical or other intended application.

10. Governing law and dispute resolution

These Terms and any non-contractual obligations arising out of or in connection with them are governed by the laws of the People’s Republic of China, excluding the laws of the Hong Kong Special Administrative Region, the Macao Special Administrative Region and Taiwan Region, and excluding conflict-of-law rules.

Any dispute arising from or in connection with these Terms, a quotation, purchase order or supply shall be submitted to the Shenzhen Court of International Arbitration (SCIA) for arbitration in Shenzhen in accordance with the SCIA rules then in effect. The arbitral award shall be final and binding. Unless the parties agree otherwise in writing, the language of arbitration shall be English.

11. General

If any provision of these Terms is found unenforceable, the remaining provisions remain in effect. ICUNIKIN’s failure to enforce a provision is not a waiver of that provision. These Terms, together with ICUNIKIN’s final written quotation and order confirmation, form the entire agreement for the relevant supply unless a separately signed agreement states otherwise.

12. Contact

For questions about these Terms, contact saleinfo@icunikin.com.