I would even try to fix it, its a cheap Chinese jack with a brand name from a company that doesn't even make jacks. Return it of toss it IMHO.
Jacks can be dangerous if they fail. If it were a good brand I would have the cylinder serviced by the company.
China can copy and produce hard parts pretty well, it's the rubber compounds they have trouble with. I bought a cheap Chinese jack back in the 80s and within the first year it started to fail/leak, not surprising. So, being an aircraft mechanic, I headed over to see my friend in the hydraulics shop. He fixed me up with new o-rings, seals and backups and that jack is still going strong today. Now, do I trust my life with it? Heck no! I never crawl under a vehicle without jack stands in place and the weight relieved from the jack.