Company: XXC
Filing Date: 2025-11-28
Form Type: POS AM
Source: 0001213900-25-115625
Chunk: 119

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-11-28
Form: POS AM
Chunk 119
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0.22 million for the fiscal year ended June30, 2024. The increase was mainly due to the increased shipping and packing costs resulting from the increase in sales volume, and increased employee salary costs resulting from the increased number of sales representatives. R&D expenses R&D expenses as of June30, 2025 and 2024 consisted of the following:

|                                    |     |   |      2025 |     |   |      2024 |
|:-----------------------------------|:----|:--|----------:|:----|:--|----------:|
| Employee compensation and benefits |     | $ |   881,957 |     | $ |   588,930 |
| Materials                          |     |   |    46,482 |     |   |   422,284 |
| Office and miscellaneous           |     |   |   436,182 |     |   |    92,592 |
| Total                              |     | $ | 1,364,591 |     | $ | 1,103,806 |

R&D expenses increased by approximately $0.26 million, or 23.63%, to approximately $1.36 million for the fiscal year ended June30, 2025, as compared to approximately $1.10 million for the fiscal year ended June30, 2024. The increase in R&D expenses was mainly attributable to increased investment in our new energy 3D bending and powder coating (immersion) R&D projects and the increased R&D labor costs. Interest expenses, net Our interest expense (net) increased by approximately $0.08 million, or 20.40%, to approximately $0.47 million for the fiscal year ended June30, 2025, from approximately $0.39 million for the fiscal year ended June30, 2024. The increase in interest expense was mainly due to an increase in short -termborrowings from financial institutions for the fiscal year ended June30, 2025, as compared to the fiscal year ended June30, 2024. Other income, net Other income (net) increased by approximately $0.93 million, or 289.27%, to approximately $1.25 million for the fiscal year ended June 30, 2025, from approximately $0.39 million for the fiscal year ended June 30, 2024. The increase was mainly due to an increase in government grants, which were related to additional VAT deductions and reductions on new