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Valuation mechanism

Public Barter Platform Commodity Pricing Mechanism

1. Pricing Principles

Dear merchant user, to standardize platform barter transactions, ensure the fairness, rationality, and rigor of prices, and protect the legitimate rights and interests of participants, the prices of commodities listed on the Public Barter Platform are determined based on comprehensive considerations. Please read the details of the Public Barter pricing mechanism carefully. By joining the Public Barter Platform, you are considered to have clearly understood the textual elaboration of the Public Barter pricing mechanism, committed to abiding by the terms of the covenant, and voluntarily undertaking the responsibility for breach of contract.

1.1. Customs Import Clearance Data Assessment The prices of listed commodities are primarily based on historical customs import clearance data (including tariffs). Commodities for which the system cannot fetch customs data will be considered ineligible for listing.

1.2. Comprehensive Evaluation Based on Detailed Information Based on detailed information such as the commodity's origin, manufacturer, specifications, etc., coupled with relevant tariffs and fees, a qualified appraiser will conduct a comprehensive evaluation and pricing. Only after the appraiser's approval can the commodity be listed.

1.3. Market Quotation Analysis Analyzing the actual transaction prices and trends of commodities in the market, adjusting pricing strategies based on market quotations. Factors such as supply and demand relationships and seasonal variations are considered for timely price adjustments.

1.4. User Feedback and Reviews Emphasizing user feedback and reviews, adjusting commodity pricing based on user experience and satisfaction to ensure user acceptance of prices.

2. Public Barter Platform is committed to providing a transparent pricing mechanism, allowing users to clearly understand the factors contributing to commodity prices.

2.1. Detailed Price Explanations Providing detailed price explanations on the product details page, explaining the main factors contributing to prices, including customs import clearance data, market quotations, and appraiser evaluation.

2.2. Real-time Price Updates Regularly updating commodity prices to reflect market changes, ensuring the timeliness and accuracy of prices.

3. Price Fairness

Public Barter Platform emphasizes the fairness of prices, ensuring that all users on the platform have equal shopping rights. Once a commodity is listed, it is considered acknowledgment and acceptance of the listed price, and transactions can proceed unconditionally.

3.1. Rejecting Monopoly Pricing Preventing individual merchants or groups of merchants from influencing market prices through monopolistic behavior to maintain fairness in market competition.

3.2. Preventing Price Fraud Implementing strict monitoring mechanisms to prevent false pricing, artificially inflated pricing, price fraud, and other violations, safeguarding user rights.

4. Participation Mechanism

Public Barter Platform encourages user participation in price assessment, providing opinions and suggestions, and participating in the reporting mechanism for commodities with excessively high prices.

4.1. User Feedback Channels Providing user feedback channels to receive opinions and suggestions on commodity prices.

4.2. Price Review System Establishing a price review system, allowing users to rate and review commodity prices, forming a collective evaluation by users.

Through the above pricing mechanism and transparency guarantees, Public Barter Platform is committed to creating a fair and transparent commodity trading platform, providing users with a high-quality shopping experience.

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