Privacy Policy
Last Updated: October 26, 2023
1. Introduction
ComponentsBuyback is a specialized division of SANHUANG ELECTRONICS (HONG KONG) CO., Ltd. ("we," "us," or "our"). We operate the website componentsbuyback.com.
We respect your privacy and are committed to protecting the personal information you share with us. This Privacy Policy explains how we collect, use, and safeguard your data when you visit our website or use our inventory valuation services.
2. Information We Collect
To provide you with an inventory valuation and buyback offer, we may collect the following types of information:
- Personal Contact Information: Name, Company Name, Email Address, and Phone/WhatsApp number.
- Business Data: Electronic component inventory lists (uploaded as Excel, CSV, or PDF), part numbers, quantities, and manufacturers.
- Usage Data: Basic information about how you access our site (e.g., IP address, browser type) for analytics and security purposes.
3. How We Use Your Information
We use the data collected strictly for business purposes related to the purchase of electronic components:
- To evaluate your excess inventory and generate a price quote.
- To communicate with you regarding your offer, negotiation, and logistics.
- To verify the authenticity of the seller and the stock.
- To process payments and arrange shipping.
4. Data Sharing and Disclosure
We do not sell, rent, or trade your personal information to third parties for marketing purposes.
We may share necessary information with:
- Logistics Partners: Freight forwarders and couriers strictly for the purpose of arranging shipment pick-up.
- Legal Requirements: If required by law or to protect our rights and safety.
5. Data Security
We implement standard industry security measures to protect your data. Your inventory lists and contact details are stored in secure environments accessible only to authorized purchasing agents within SANHUANG ELECTRONICS. However, no method of transmission over the Internet is 100% secure, and we cannot guarantee absolute security.
6. Cookies
Our website may use cookies to improve user experience and analyze traffic. You can choose to disable cookies through your browser settings, though this may affect some site functionality.
7. Contact Us
If you have any questions about this Privacy Policy or our data practices, please contact us at:
SANHUANG ELECTRONICS (HONG KONG) CO., Ltd.
Email: purchase@componentsbuyback.com
Address: Causeway Bay, Hong Kong