Company: XXC
Filing Date: 2025-11-18
Form Type: 20-F
Source: 0001213900-25-111691
Chunk: 102

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-11-18
Form: 20-F
Item: Item 19
Chunk 102
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5 and 2024, transactions between the Company and Wuhu Ruilian
amounted to $29,313and $78,367, respectively. As of June 30, 2025 and 2024, the Company had advance to Wuhu Ruilian of $0and $29,100,
respectively.

Xinxu Logistics provides logistics
service to the Company. During the fiscal years ended June 30, 2025 and 2024, transactions between the Company and Xinxu Logistics
amounted to $7,208and $25,982, respectively. As of June 30, 2025 and 2024, the Company had advance to Xinxu Logistics of $0and
$7,155, respectively.

F-23

XINXU COPPER INDUSTRY TECHNOLOGY LIMITED

NOTE 21 - RELATED PARTY TRANSACTIONS(cont.)

Working capital provided by/to related parties:

Jinchun Cheng periodically
provides working capital to support the Company’s operations when needed. As of June 30, 2025 and 2024, the Company had outstanding
payable due to Jinchun Cheng with an amount of $6,217,338and $4,995,280, respectively. This represented unsecured, due on demand and
interest-free borrowings between the Company and Jinchun Cheng. During the fiscal year ended June 30, 2025, Jinchun Cheng provided
$2,629,271working capital to the Company, and the Company returned $1,471,148to him. During the fiscal year ended June 30, 2024,
he provided $2,879,360working capital to the Company, and the Company returned $3,496,716to him.

The Company and Anhui Liangmao
periodically provide working capital to support each other’s operations when needed. As of June 30, 2025 and 2024, the Company
had an outstanding payable due to Anhui Liangmao of$0and $148,613, respectively. This represented unsecured, due on demand and interest-free borrowings
between the Company and Anhui Liangmao. During the fiscal year ended June 30, 2025, Anhui Liangmao provided $1,854,650working capital
to the Company, and the Company returned $2,004,352to Anhui Liangmao.