Company: XXC
Filing Date: 2025-06-10
Form Type: F-1/A
Source: 0001213900-25-052817
Chunk: 121

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-06-10
Form: F-1/A
Chunk 121
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   93.98 | % |     |        |   146,761,909 |     |   85.90 | % |
| Total Revenue                                             |     |        |   105,874,786 |     |         |   |     |        |   170,845,619 |     |         |   |

Gross profit Our gross profit increased by approximately $2.01million, or 98.17%, to approximately $4.06million for the fiscal year ended June30, 2024, from approximately $2.05million for the fiscal year ended June30, 2023. Gross profit margin was 3.84% for the fiscal year ended June30, 2024, as compared to 1.20% for the fiscal year ended June30, 2023. The increase in gross profit was mainly due to improved cost control during the year, which led to an increase in gross profit of sales of electrolytic copper, copper bar products and copper bars that are widely used in electric vehicle battery packs. General and administrative (“G&A”) expenses G&A expenses for the fiscal years ended June30, 2024 and 2023 consisted of the following:

|                                        |     |   |      2024 |     |   |      2023 |
|:---------------------------------------|:----|:--|----------:|:----|:--|----------:|
| Employee compensation and benefits     |     | $ |   705,542 |     | $ |   532,263 |
| Travel and communication expenses      |     |   |    68,041 |     |   |    62,236 |
| Consulting fees                        |     |   |   116,828 |     |   |    79,718 |
| Depreciation and amortization expenses |     |   |    96,125 |     |   |   127,870 |
| Entertainment                          |     |   |   365,038 |     |   |   251,556 |
| Office and miscellaneous               |     |   |   412,013 |     |   |   137,512 |
| Total                                  |     | $ | 1,763,587 |     | $ | 1,191,155 |

G&A expenses increased by approximately $0.57 million, or 48.06%, to approximately $1.76 million for the fiscal year ended June 30,