Company: XXC
Filing Date: 2025-09-18
Form Type: F-1/A
Source: 0001213900-25-089077
Chunk: 201

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-09-18
Form: F-1/A
Chunk 201
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 expected of a person carrying out the same functions as are carried out by that director in relation to the company and the general knowledge skill and experience which that director has. As set out above, directors have a duty not to put themselves in a position of conflict and this includes a duty not to engage in self -dealing, or to otherwise benefit as a result of their position. However, in some instances what would otherwise be a breach of this duty can be forgiven and/or authorized in advance by the shareholders provided that there is full disclosure by the directors. This can be done by way of permission granted in the memorandum and articles of association or alternatively by shareholder approval at general meetings. Accordingly, as a result of multiple business affiliations, our officers and directors may have similar legal obligations relating to presenting business opportunities meeting the above -listedcriteria to multiple entities. In addition, conflicts of interest may arise when our board evaluates a particular business opportunity with respect to the above -listedcriteria. We cannot assure you that any of the afore -mentionedconflicts will be resolved in our favor. Furthermore, each of our officers and directors has pre -existingfiduciary obligations to other businesses of which they are officers or directors. 121 Our company has the right to seek damages if a duty owed by our directors is breached. A shareholder may in certain limited exceptional circumstances have the right to seek damages in our name if a duty owed by our directors is breached. You should refer to “ Description of Share Capital — Comparison of Cayman Islands Corporate Law and U.S. Corporate Law” for additional information on our standard of corporate governance under Cayman Islands law. Terms of Directors and Executive Officers Our directors are appointed by and serve at the discretion of our board of directors and the shareholders voting by ordinary resolution. Each director holds office until such time as they resign, are removed from office by ordinary resolution or otherwise ceases to be eligible to be a director of the company or have their office terminated in accordance with our articles of association. The office of a director will be vacated automatically if, among other things, the director becomes bankrupt or makes any arrangement or composition with his/her creditors generally or is found to be or in the opinion of a registered medical practitioner by whom he is being treated he becomes physically or mentally incapable of acting as a director. Our executive officers are appointed by and serve at the discretion of our board of directors. Employment Agreements Our executive officers do not have a written employment agreement with the Company; however, each of our executive officers has an employment agreement with