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

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-11-18
Form: 20-F
Item: Item 6
Chunk 20
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growth company” pursuant to the JOBS Act. An emerging growth company may take advantage of specified reduced reporting and other
requirements that are otherwise applicable generally to public companies. After we are no longer an “emerging growth company,”
we expect to incur significant expenses and devote substantial management effort toward ensuring compliance with the requirements of Section 404
of the Sarbanes-Oxley Act of 2002 and the other rules and regulations of the SEC.

As a result of becoming an
SEC reporting company, we have increased the number of independent directors and adopted policies regarding internal controls and disclosure
controls and procedures. Operating as an SEC reporting company has also made it more difficult and more expensive for us to obtain director
and officer liability insurance, and we may be required to accept reduced policy limits and coverage or incur substantially higher costs
to obtain the same or similar coverage. In addition, we incur additional costs associated with our SEC reporting requirements. It may
also be more difficult for us to find qualified persons to serve on our board of directors or as executive officers. We are currently
evaluating and monitoring developments with respect to these rules and regulations, and we cannot predict or estimate with any degree
of certainty the amount of additional costs we may incur or the timing of such costs.

In the past, shareholders of
a public company often brought securities class action suits against the company following periods of instability in the market price
of that company’s securities. If we were involved in a class action suit, it could divert a significant amount of our management’s
attention and other resources from our business and operations, which could harm our results of operations and require us to incur significant
expenses to defend the suit. Any such class action suit, whether or not successful, could harm our reputation and restrict our ability
to raise capital in the future. In addition, if a claim is successfully made against us, we may be required to pay significant damages,
which could have a material adverse effect on our financial condition and results of operations.

If a limited number of participants in our
initial public offering purchase a significant percentage of the offering, the effective public float may be smaller than anticipated
and the price of our ordinary shares may be volatile which could subject us to securities litigation and make it more difficult for you
to sell your shares.

As a company conducting a relatively
small public offering, we are subject to the risk that a small number of investors will purchase a high percentage of the offering. While
the underwriters are required to sell shares in our