Company: XXC
Filing Date: 2025-11-28
Form Type: POS AM
Source: 0001213900-25-115625
Chunk: 192

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-11-28
Form: POS AM
Chunk 192
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ants related to the suspension, modification and termination of this agreement. 112 On January1, 2024, Mr.Peng Wu, our Chief Financial Officer, and Anhui Xinxu entered into an employment agreement, pursuant to which he receives a monthly salary of RMB15,000 (approximately $2,064) plus performance pay and subsidies as financial director of Anhui Xinxu. Mr.Wu’s employment is based in Wuhu County, Anhui Province, for a term of one year from January1, 2024 to December31, 2024, which was renewed on January1, 2025 under similar terms for one year ending on December31, 2025. Mr.Cheng is entitled to participate in any benefit plans stipulated by both parties or required by the PRC laws. The employment agreement also contains customary covenants related to the suspension, modification and termination of this agreement. Compensation of Directors and Executive Officers For the fiscal year ended June30, 2025, we have paid an aggregate of approximately RMB280,000 (US$38,360) to our executive officers. Our PRC subsidiaries are required by law to make contributions equal to certain percentages of each employee’s salary for his or her pension insurance, medical insurance, unemployment insurance and other statutory benefits and a housing provident fund. As of the date of this prospectus, we are in compliance with all relevant laws and regulations regarding such benefits. For the fiscal year ended June30, 2025, no members of our board of directors received compensation in their capacity as directors. However, we have accrued a total of $40,000 in director compensation for the fiscal year ended June30, 2025, payable to directors at the closing of this offering. Historically, we have not paid our directors. Our independent directors, however, are entitled to receive cash compensation of $20,000 for each calendar year of service, payable in arrears on a quarterly basis. None of the directors are or will be entitled to receive any compensation or benefits upon termination of their directorship with the Company, except for the compensation that they have already earned for services so rendered. We will also reimburse all directors for reasonable expenses documented and incurred by them in connection with their services provided in such capacity (including travel expenses for meetings they attend in person). 113

PRINCIPAL SHAREHOLDERS The following table sets forth information regarding the beneficial ownership of our ordinary shares as of the date of this