Hilo Research Terms of Service Version: v1.0.0 Last updated: 2026-08-15 Effective date: 2026-02-24 These Terms of Service ("Terms") govern your access to and use of Hilo Research (河洛投研; also known as HiLo Quant Research) (the "Service"). By creating an account, logging in, or otherwise using the Service, you agree to these Terms. 1. Who we are - Provider: Hilo Research (河洛投研) (the "Company", "we", "us") - Official website: https://www.xxquant.com - Contact: service@heluoquant.com 2. Eligibility You must be legally able to form a binding contract in your jurisdiction. If you are using the Service on behalf of an organization, you represent that you have authority to bind that organization. 3. Account registration and security - You must provide accurate registration information (email, verification code, and other required fields). - You are responsible for maintaining the confidentiality of your account credentials and for all activities under your account. - We may suspend or terminate accounts for suspected fraud, abuse, or security risks. 4. Acceptable use You agree not to: - Use the Service for unlawful activities or to violate applicable laws and regulations. - Attempt to gain unauthorized access to the Service, accounts, or systems. - Interfere with or disrupt the Service (including abuse of APIs, automated scraping without permission, or denial-of-service behavior). - Upload or transmit malware or harmful code. 5. Financial and investment disclaimer The Service may provide market data, analysis, or AI-generated content for informational purposes only. It is not financial, investment, legal, or tax advice. You are solely responsible for your decisions and for verifying information before acting on it. 6. Content and intellectual property - The Service and its software, design, trademarks, and content are owned by the Company or its licensors and are protected by intellectual property laws. - Subject to these Terms, we grant you a limited, non-exclusive, non-transferable license to access and use the Service. - You may not copy, modify, distribute, sell, or lease any part of the Service unless expressly permitted. 7. User content If you submit content (such as prompts, feedback, or uploads), you grant us a worldwide, royalty-free license to host, process, and use it to operate and improve the Service, subject to our Privacy Policy. 8. Third-party services The Service may integrate third-party services (e.g., analytics, fingerprinting, hosting). Third-party terms may apply. We are not responsible for third-party services. 9. Fees and billing (if applicable) If the Service offers paid plans, pricing and billing terms will be presented at purchase. Taxes may apply. 10. Suspension and termination We may suspend or terminate your access if you violate these Terms or if required for security/legal reasons. You may stop using the Service at any time. 11. Warranty disclaimer THE SERVICE IS PROVIDED "AS IS" AND "AS AVAILABLE". TO THE MAXIMUM EXTENT PERMITTED BY LAW, WE DISCLAIM ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT. 12. Limitation of liability TO THE MAXIMUM EXTENT PERMITTED BY LAW, THE COMPANY WILL NOT BE LIABLE FOR INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, OR ANY LOSS OF PROFITS, DATA, OR GOODWILL, ARISING OUT OF OR RELATED TO YOUR USE OF THE SERVICE. 13. Data protection notice Our collection and use of personal information is described in the Privacy Policy. If you are in the EEA/UK, we process personal data in accordance with the GDPR; if you are in California, we process personal information in accordance with applicable California privacy laws; if you are in the PRC, we process personal information in accordance with the PIPL and related regulations. 14. Changes We may update these Terms from time to time. If changes are material, we will provide notice as required by law. The "Last updated" date will reflect the latest version. 15. Governing law and dispute resolution - Governing law: These Terms and the relationship between you and us are governed by the laws of the People's Republic of China (for the purposes of these Terms, excluding the laws of the Hong Kong Special Administrative Region, the Macao Special Administrative Region, and Taiwan). - Dispute resolution: Any dispute arising out of or relating to these Terms shall first be resolved through friendly consultation. If consultation fails, either party may file a lawsuit with the People's Court of Gongshu District, Hangzhou City. - Alternative jurisdiction: If the above court does not have jurisdiction under applicable law, the dispute shall be submitted to a competent People's Court in Hangzhou City.