Company: XXC
Filing Date: 2025-11-28
Form Type: POS AM
Source: 0001213900-25-115625
Chunk: 116

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-11-28
Form: POS AM
Chunk 116
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 November15, 2021, Anhui Heri entered into share transfer agreements (“Share Transfer Agreements”) with all shareholders of Anhui Xinxu, to acquire all the equity interests of Anhui Xinxu for no consideration. Upon closing of such share transfers on November15, 2021, Anhui Xinxu became the wholly -ownedsubsidiary of Anhui Heri. Anhui Xinxu was incorporated limited liability company in China under the name “Wuhu Xinxu Copper Industry Co., Ltd.” on January5, 2012, with a current registered capital of RMB67,857,143 after several capital increases. Anhui Xinxu changed its name to “Anhui Xinxu New Materials Inc.” and converted into a company limited by shares on March19, 2015. It was listed on the Anhui Equity Exchange, which is a regional equity trading system for small -to-mediummicro enterprises in Anhui Province, China, from 2015 to 2016. Following its voluntary delisting from the Anhui Equity Exchange, Anhui Xinxu changed its name to “Anhui Xinxu New Materials Co., Ltd.” and converted back into a limited liability company in October 2017. Anhui Xinxu is primarily specialized in the R&D, fabricating and processing, and sales and distribution of copper and copper alloy products, including but not limited to, T2 red copper bars, T2 tin -platedcopper bars, T2 copper rods, electrolytic copper and aluminum bar. On August21, 2025, Xinxu acquired 100% of the shares of Sure Good from its two shareholders, consisting of our director Mr.Zhihua Bi and an unrelated third party, for a total consideration of HK$10,000. After such acquisition, Sure Good became a wholly -ownedsubsidiary of Xinxu. Sure Good, incorporated on November5, 2024 under the laws of Hong Kong, has not commenced operations as of the date of this prospectus. Corporate Structure The chart below summarizes our corporate structure, including our subsidiaries, as of the date of this prospectus: 64 MANAGEMENT’S DISCUSSION AND ANALYSIS OF
F INANCIAL CONDITION AND RESULTS OF O PERATIONS The following discussion and analysis of our financial condition and results of operations should be read in conjunction with our consolidated financial statements and related notes that appear in this