Company: XXC
Filing Date: 2025-09-08
Form Type: F-1/A
Source: 0001213900-25-085500
Chunk: 333

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-09-08
Form: F-1/A
Chunk 333
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 primarily electrolytic copper |     |          |        53,120,442 |     |    79.90 | % |     |          |        45,787,019 |     |    92.95 | % |
| Processing service revenue                                 |     |          |            21,927 |     |     0.03 | % |     |          |             1,113 |     |     0.00 | % |
| Other                                                      |     |          |         1,654,928 |     |     2.49 | % |     |          |                 — |     |        — |   |
| Total Revenue                                              |     |          |        66,480,313 |     |          |   |     |          |        49,258,308 |     |          |   |

NOTE 27 — SEGMENT REPORTING ASC 280, “Segment Reporting”, establishes standards for reporting information about operating segments on a basis consistent with the Company’s internal organizational structure as well as information about geographical areas, business segments and major customers in financial statements for details on the Company’s business segments. The Company uses the “management approach” in determining reportable operating segments. The management approach considers the internal organization and reporting used by the Company’s chief operating decision maker for making operating decisions and assessing performance as the source for determining the Company’s reportable segments. All of the Company’s operating facilities and long -liveassets are in China and based on management’s assessment on the nature and characteristics of the products and service, the Company has determined that it has only one operating segment as defined by ASC 280. The Company sold substantially all its products to the customers in the PRC and had no international sales revenue during the six months ended December 31, 2024 and 2023.

F-58

XINXU COPPER INDUSTRY TECHNOLOGY LIMITED
NOTES TO INTERIM CONSOLIDATED FINANCIAL STATEMENTS NOTE 28 — FINANCIAL IMPACT OF COVID-19 In December 2019, a novel strain of coronavirus was reported to have surfaced in Wuhan, China, which has and is continuing to spread throughout China and other parts of the world, including the United States. On January 30, 2020, the World Health Organization declared the outbreak of the coronavirus disease (COVID -19) a “Public Health Emergency of International Concern,” and on March 11, 2020, the World Health Organization characterized the