Company: XXC
Filing Date: 2025-09-18
Form Type: F-1/A
Source: 0001213900-25-089077
Chunk: 294

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-09-18
Form: F-1/A
Chunk 294
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 associated with the tax positions. As of June 30, 2024, and 2023, the Company did not have any significant unrecognized uncertain tax positions. The Company did not incur any interest and penalties related to potential underpaid income tax expenses for the fiscal years ended June 30, 2024, and 2023, respectively, and also does not anticipate any significant increases or decreases in unrecognized tax benefits in the next 12 months from December 31, 2023. The PRC tax authorities may impose late payment fees and other penalties for the unpaid taxes according to the applicable regulations. Our financial position could be materially and adversely affected if it is required by the PRC tax authorities to pay late payment fees and other penalties. F-26

XINXU COPPER INDUSTRY TECHNOLOGY LIMITED
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS NOTE 24 — INCOME TAXES (cont.) Per the consolidated statements of income and comprehensive income, the income tax expenses for the Company can be reconciled to the income before income taxes for the fiscal years ended June 30, 2024 and 2023 as follows:

|                                       |     |   |     2024 |   |     |   |     2023 |   |
|:--------------------------------------|:----|:--|---------:|:--|:----|:--|---------:|:--|
| (Loss) income before taxes            |     | $ |  923,325 |   |     | $ | (241,185 | ) |
| PRC EIT tax rates                     |     |   |       15 | % |     |   |       15 | % |
| Tax at the PRC EIT tax rates          |     | $ |  138,499 |   |     |   |        — |   |
| Tax effect of non-deductible expenses |     |   |   (2,762 | ) |     |   |   31,813 |   |
| Tax effect of R&D expense deduction   |     |   | (135,737 | ) |     |   |        — |   |
| Income tax (refund) expenses          |     | $ |        — |   |     | $ |   31,813 |   |

Income taxes for the fiscal years ended June 30, 2024 and 2023 are attributed to the Company’s continuing operations in China and consisted of:

|