Company: XXC
Filing Date: 2025-09-18
Form Type: F-1/A
Source: 0001213900-25-089077
Chunk: 281

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-09-18
Form: F-1/A
Chunk 281
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 Accounts receivable as of June 30, 2024 and 2023 consisted of the following:

|                                       |     |   |       2024 |   |     |   |      2023 |   |
|:--------------------------------------|:----|:--|-----------:|:--|:----|:--|----------:|:--|
| Accounts receivable                   |     | $ | 10,114,565 |   |     | $ | 4,975,644 |   |
| Less: allowance for doubtful accounts |     |   |   (231,257 | ) |     |   |  (167,691 | ) |
| Accounts receivable, net              |     | $ |  9,883,308 |   |     | $ | 4,807,953 |   |

The average accounts receivable turnover period was approximately 25 days and 6 days for the fiscal years ended June 30, 2024 and 2023, respectively. Changes of allowance for doubtful accounts for the fiscal years ended June 30, 2024 and 2023 were as follows:

|                                              |     |   |     2024 |   |     |   |     2023 |   |
|:---------------------------------------------|:----|:--|---------:|:--|:----|:--|---------:|:--|
| Beginning balance                            |     | $ | (167,691 | ) |     | $ | (150,767 | ) |
| Provision adjustment for accounts receivable |     |   |  (63,932 | ) |     |   |  (29,644 | ) |
| Exchange difference                          |     |   |      366 |   |     |   |   12,720 |   |
| Ending balance                               |     | $ | (231,257 | ) |     | $ | (167,691 | ) |

F-17

XINXU COPPER INDUSTRY TECHNOLOGY LIMITED
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS NOTE 4 — INVENTORIES Inventories as of June 30, 2024 and 2023 consisted of the following:

|                               |     |   |      2024 |   |     |   |      2023 |
|:------------------------------|:----|:--|----------:|:--|:----|:--|----------:|
| Raw materials                 |