Company: XXC
Filing Date: 2025-09-18
Form Type: F-1/A
Source: 0001213900-25-089077
Chunk: 14

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-09-18
Form: F-1/A
Chunk 14
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 ordinary shares of Xinxu, our Cayman Islands holding company in this initial public offering instead of purchasing equity securities of our PRC subsidiaries that have business operations in China. This summary highlights certain information contained elsewhere in this prospectus. This summary does not contain all of the information you should consider before buying shares in this offering. You should read the entire prospectus carefully, including our financial statements and related notes and the risks described under “Risk Factors.” This summary contains forward -looking statements that involve risks and uncertainties, such as statements about our plans, objectives, expectations, assumptions or future events. These statements involve estimates, assumptions, known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from any future results, performances or achievements expressed or implied by the forward -looking statements. See “Cautionary Note Regarding Forward -Looking Statements.” Overview Xinxu is a holding company incorporated on September11, 2017 as an exempted company under the laws of the Cayman Islands. As a holding company with no material operations of its own, Xinxu conducts substantially all of its operations through its subsidiaries established in China, primarily Anhui Xinxu. We, through Anhui Xinxu, are primarily engaged in the research and development (“R&D”), fabricating and processing, and sales and distribution of copper and copper alloy products. Our products include, but are not limited to, T2 red copper bars, T2 tin -platedcopper bars, T2 copper rods, electrolytic copper and aluminum bar. In January 2024, we adjusted our sales structure by significantly reducing the volume of copper material resales, primarily electrolytic copper. This decrease was primarily the result of a strategic adjustment in our sales focus away from lower -marginproducts, such as electrolytic copper and traditional copper bars, toward higher -marginproducts, specifically soft and hard connection copper bars, which are widely used in electric vehicle battery packs. See “ Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “ Business — Our Products.” This realignment reflects our ongoing efforts to optimize our product mix, improve overall profitability, and focus on higher -marginproducts. Notwithstanding the foregoing, after such strategic adjustment, electrolytic copper is still our main product, accounting for approximately 79.90%, 93.98% and 85.90%, respectively, of our total revenues for the six months ended December31, 2024 and the fiscal years ended June30, 2024 and