Terms and Conditions

This agreement is made by and between NANJING MINING GROUP LIMITED, № 2633366, registered address: No.5, 17/F, Bonham Trade Centre, 50 Bonham Strand, Sheung Wan, Hong Kong, hereinafter referred to as "Company", and the user registered on the website nmgroup.hk, hereinafter referred to as "Client".

1. Terms and Definitions

Agreement — a public offer regulating relations between the parties.

Dashboard — the Client's personal page on the website nmgroup.hk, through which the Client can place and withdraw available funds. 

Payment method — the way that the Client chooses to make financial transactions for placing and withdrawal of funds.

2. General Provisions

2.1. This Agreement is a public offer. By registering on the website nmgroup.hk, the Client accepts the terms of the offer.

2.2. Only a competent adult who had attained the age of majority may become a client of the company.

2.3. Once registration is completed and the account is activated, the Client gets access to his/her Dashboard.

3. Subject Matter of Agreement

3.1. The Client entrusts his/her funds to the company and the Company undertakes to hold in trust and manage these funds for the benefit of the Client during the term of this Agreement.

3.2. Under this Agreement, the investments are intended for financial markets.

3.3. Under this Agreement, the beneficiary is the Client.

4. Rights and obligations of Parties

4.1. The client agrees to:

4.1.1. Provide complete and reliable information requested when registering on the site.

4.1.2.  Register only once on the site nmgroup.hk. If the Client creates two or more accounts on the site, the company reserves the right to block all the accounts belonging to the user permanently.

4.1.3. Invest only your own funds earned or acquired legally.

4.1.4. Withdraw the available funds from the balance in the name of the account holder.

4.1.5. Notify the company within 5 business days of any change in registration data, identity documents, address, telephone numbers, etc.

4.2. The Client has the right to:

4.2.1. Invest funds with any of the available payment methods.

4.2.2. Withdraw funds up to the value of the balance of the account using any available payment method.

4.2.3. Increase the amount of investment at any time.

4.3. The company undertakes to:

4.3.1. Ensure effective and uninterrupted use of the equipment to be leased to the Customer in accordance with this Agreement.

4.3.2. To pay the funds available on the balance in the Personal cabinet within fixed time frames and on the terms of the Agreement.

4.3.3. Ensure confidentiality of the information on the Client's investments.

4.3.4. Comply fully with all the terms of this Agreement.

4.4. The company has the right to:

4.4.1. Offer to lease equipment for cryptocurrency mining.

4.4.2. Set the conditions under which the equipment lease is carried out.

4.4.3. Stop daily accruals to the client after the end of the term of the investment plan, due to obsolescence and the inability to continue to use the equipment effectively. In this case, the cost of renting equipment to the customer is not refunded.

4.4.4. Require the client to verify personal information at any time.

4.4.5. Block client's account if the Client refuses to provide his/her documents to verify the account and confirm the identity.

4.4.6. Block the client's account for other reasons specified in the Agreement.

4.4.7. Claim the protection of the Company’s rights and legitimate interests.

5. Settlement Procedure

5.1. The client's income is formed by using the company's equipment for the cryptocurrency mining taken by the client in rent.

5.2. The client's income is a fixed amount prescribed in the conditions of investment plans.

5.3. The client can purchase several investment packs at the same time.

5.4. The client's income is placed on the balance of available funds at the Dashboard once time a week.

5.5. The processing time for a withdrawal request is 5 business days from the time it was sent by the Client through his Dashboard.

6. Force Majeure

6.1. The parties are relieved of responsibility for partial or complete non-fulfilment of their obligations under the present Agreement due to force-majeure circumstances.

6.2. Events of Force Majeure shall include, but not be limited to: war, military operations of any character, natural disasters outside human control, strikes, riots, change of law or regulation and other events beyond the control of the parties preventing the fulfilment by any of the parties of their respective obligations under this Agreement.

6.3. The party to whom it becomes impossible to meet its obligations undertakes to advise,  within 5 (five) working days, the other party of the commencement and cessation of the abovementioned circumstances, and take all possible measures to limit the adverse effects caused by these force majeure circumstances. If the Party does not notify or fails to notify the other Party of the force-majeure circumstances within established time limits, it forfeits the right to invoke these circumstances.

6.4. Upon termination of the force majeure circumstances, the Parties shall continue to fulfil their obligations. If such circumstances or their consequences last more than one month, each of the parties has the right to cancel the Contract without demanding other party compensation of any possible damages. 

7. Liability of Parties

7.1. The customer understands and realizes that investment involves risks that could result in loss of part or entire amount of the invested funds.

8. Resolution of Disputes

8.1. The provisions of this Agreement and the legal relations between the parties are regulated by the existing law of the Special administartive region of China Hong Kong.

8.2. All controversial issues are resolved by the parties through negotiations.

8.3. If a dispute is not settled by negotiation, it shall be resolved in court in accordance with the provisions of this Agreement.

9. Duration and Termination of Agreement

9.1. This Agreement shall come into effect at the moment of the actual transfer of the Client's funds to the Company and shall be in effect until termination by one of the Parties. The Party shall notify the other Party of its intention no later than thirty (30) days prior to the date of Agreement termination.

9.2. If the notification is not sent, this Agreement shall not be deemed to have been terminated.

9.3. In case of the Agreement termination the amount of deposit shall not be returned.

10. Taxes

10.1. The client's income taxation is regulated by the law of a jurisdiction of the Client.

10.2. The Client is responsible for violation of tax legislation in his/her country.

10.3. The Company is responsible for the accounting of transactions relating to the performance of this Agreement and pays the tax payments in accordance with the procedure established by the regulations in force.

11. Additional Conditions

11.1. This Agreement, including any annexes, which are an integral part of this Agreement, may be amended or modified by the company unilaterally, without prior notification of the Client.

11.2. In cases not covered by this Agreement, the Parties shall be guided by the current legislation on the subject.