Company: XXC
Filing Date: 2025-08-05
Form Type: F-1/A
Source: 0001213900-25-071711
Chunk: 16

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-08-05
Form: F-1/A
Chunk 16
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 system, which we believe is in line with industry standards in China. As a high technology company, we have established a sound quality control system where our products, including copper bars, are currently compliant with the ISO 9001, ISO 14001 and IATF 16949 standards. We generate revenues through (i) sales of our own “Xinxu” brand copper products, (ii) sales of copper raw materials, and (iii) service fees for processing customized copper products for our customers. For the six months ended December31, 2024 and the fiscal years ended June30, 2024 and 2023, we recognized revenue of approximately $66.48million, $105.87million and $170.85million, respectively, and generated net income of $1.5million and $0.84million, respectively, for the six months ended December31, 2024 and the fiscal year ended June30, 2024 while we incurred net loss of approximately $0.27million for the fiscal year ended June30, 2023. Our Strengths We believe that the following strengths contribute to our growth and differentiate us from our competitors: •Strong R&D capabilities. •Long -standingand stable customer and supplier relationships. •Experienced management team. Our Strategies We intend to grow our business by pursuing the following strategies: •Strengthen our industry position by gaining additional market share. •Uphold our commitment to product quality. •Extend and upgrade product offerings through technology innovation. •Expand our sales network. •Enhance our ability to attract, incentivize and retain talented professionals. Our Corporate History and Structure Incorporated on September11, 2017, Xinxu is a Cayman Islands exempted company structured as a holding company and conducts its operations through subsidiaries in China. We first started our business through our wholly owned subsidiary, Anhui Xinxu, which was formed in China in 2012. HK Xinxu, incorporated on September15, 2017 under the laws of Hong Kong, is our wholly -ownedsubsidiary in Hong Kong and a holding company without any business operations, which, in turn, wholly owns all of the equity interest of Anhui Heri, a wholly foreign -ownedenterprise incorporated on November10, 2021 under the laws of China. On November15, 2021, Anhui Heri entered into share transfer agreements (the “Share Transfer Agreements”) with all shareholders of Anhui Xinx