Company: XXC
Filing Date: 2025-09-18
Form Type: F-1/A
Source: 0001213900-25-089077
Chunk: 30

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-09-18
Form: F-1/A
Chunk 30
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 Related to Doing Business in China — The CSRC has recently released the New Overseas Listing Rules for China -based companies seeking to conduct overseas offering and listing in foreign markets. Under the New Overseas Listing Rules, the PRC government exerts more oversight and control over offerings that are conducted overseas and foreign investment in China -based issuers, which could significantly limit or completely hinder our ability to offer or continue to offer our ordinary shares to investors and could cause the value of our ordinary shares to significantly decline or such shares to become worthless” on page 36. 14

Regulatory Permissions As advised by our PRC counsel, King & Wood Mallesons, as of the date of this prospectus, we and our PRC subsidiaries have received from PRC authorities all requisite licenses, permissions or approvals needed to engage in the businesses currently conducted in China and to list on a U.S. stock exchange, including the CSRC Filing Completion Notice regarding our overseas offering and listing under the New Overseas Listing Rules, and no licenses, permissions and/or approvals have been denied. Such licenses and permissions include business licenses. The following table provides details on the licenses and permissions held by our PRC subsidiaries.

| Company     
 Anhui Heri  
 Anhui Xinxu |     | License/Permission         
 Business License           
 Business License           |     | Issuing Authority                                     
 Wuhu City Administration for Market Regulation        
 Wuhu City Administration for Market Regulation        |     | Validity              
 Long Term             
 Until January 4, 2032 |
|:------------|:----|:---------------------------|:----|:------------------------------------------------------|:----|:----------------------|
|             |     | Pollutant Discharge Permit |     | Wuhu City Administration for Environmental Protection |     | Until January 8, 2030 |
|             |     | Food Operation Permit      |     | Wanzhi District Administration for Market Regulation  |     | Until March 20, 2028  |

Dividends, Other Distributions and Assets Transfer among Xinxu and Its Subsidiaries Xinxu is a holding company with no material operations of its own and does not generate any revenue. We currently conduct substantially all of our operations through our PRC subsidiaries, primarily Anhui Xinxu. As a result, we rely on dividends and other distributions on equity paid by our PRC subsidiaries for our cash and financing requirements and our distribution of earnings or settlement of amounts owed will be done through our PRC