Company: XXC
Filing Date: 2025-06-10
Form Type: F-1/A
Source: 0001213900-25-052817
Chunk: 293

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-06-10
Form: F-1/A
Chunk 293
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USTRY TECHNOLOGY LIMITED
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS NOTE 29 — SUBSEQUENT EVENTS (cont.) As of the date of the issuance of these financial statements, the following short -termborrowings were paid off:

| Bank Name              |     | Amount – RMB |
| Citic Bank Wuhu Branch |     |    2,000,000 |
| Third-party individual |     |    1,200,000 |

The Company entered into a banking facility agreement with China Construction Bank, pursuant to which the Company is entitled to borrow a short -termloan of RMB5,000,000, with the term from August 8, 2024 to August 8, 2025 at the annual interest rate of 4.00%. The Company entered into a banking facility agreement with Shanghai Pudong Development Bank, pursuant to which the Company is entitled to borrow a short -termloan of RMB8,000,000, with the term from September 4, 2024 to August 20, 2025 at the annual interest rate of 3.60%. The Company entered into a banking facility agreement with Bank of China, pursuant to which the Company is entitled to borrow a short -termloan of RMB10,000,000, with the term from July 24, 2024 to July 23, 2025 at the annual interest rate of 3.35%. The Company has evaluated subsequent events through June 6, 2025. No other matters were identified affecting the accompanying financial statements or related disclosures. NOTE 30 — CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY Rule 12 -04(a), 5 -04(c) and 4 -08(e)(3) of Regulation S -Xrequire the condensed financial information of the parent company to be filed when the restricted net assets of consolidated subsidiaries exceed 25 percent of consolidated net assets as of the most recently completed fiscal year. The Company performed a test on the restricted net assets of consolidated subsidiaries in accordance with such requirements and concluded that it was applicable to the Company as the restricted net assets of the Company’s PRC subsidiary exceeded 25% of the consolidated net assets of the Company, therefore, the condensed financial statements for the parent company are included herein. For purposes of the above test, restricted net assets of consolidated subsidiaries shall mean that amount of the Company’s proportionate share of net assets of consolidated subsidiaries (after intercompany eliminations