Company: XXC
Filing Date: 2025-08-05
Form Type: F-1/A
Source: 0001213900-25-071711
Chunk: 149

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-08-05
Form: F-1/A
Chunk 149
---
 expenses were approximately $773,604, $1,103,806 and $531,062, respectively, and as of the date of this prospectus, we have a team of 43 employees in the R&D department, including 18 professional engineers and 25 technicians, of whom a majority have relevant industry experience of over 20 years. Our R&D team has years of technology know -howin developing and launching products and services in response to market demands. As of the date of this prospectus, we have an intellectual property portfolio consisting of four registered trademarks and six registered patents, all of which have been integrated into our main products and brought us great practical values. • Long -standing and stable customer and supplier relationships.As of the date of this prospectus, we have over a decade of experience in working closely with our customers and have delivered consistent, high -qualityand customized products to all of our customers. During the six months ended December31, 2024 and the fiscal years ended June30, 2024 and 2023, approximately 78.32%, 81.89% and 19.4%, respectively, of our sales are contributable to our customers of three years or more. We also have long -termagreements with most of our significant suppliers, accounting for an aggregate of approximately 86.9%, 79.30%, and 33.2%, respectively, of our total purchases for the six months ended December31, 2024 and the fiscal years ended June30, 2024 and 2023, which forms a solid supply base for our business operations. • Experienced management team.Our Company is led by an experienced and visionary management team who have deep knowledge of the development and commercial landscape of the copper industry in China. Building a trusted brand and always delivering quality products has been at the heart of our founding management team since day one. Our company culture, strategic vision and operational execution are driven by our visionary founder, Mr. Jinchun Cheng. Mr. Cheng is a successful entrepreneur who has been engaged in the copper industry for over a decade, and has accumulated extensive experiences and led his businesses to make remarkable achievements. We believe that these factors can effectively help us understand, analyze and monitor the target industry trends and customers’ needs. Additionally, these factors help build good business relations, thus cultivating more opportunities for our business growth. Our Strategies We intend to grow our business by pursuing the following strategies: • Strengthen our industry position by gaining additional market share.Our goal is to strengthen our