Company: XXC
Filing Date: 2025-09-08
Form Type: F-1/A
Source: 0001213900-25-085500
Chunk: 8

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-09-08
Form: F-1/A
Chunk 8
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 more than 50% of our consolidated revenues, profit, total assets or net assets for the fiscal year ended June 30, 2024, and the key components of our operations are carried out in the PRC, this offering is considered an ind irect offeri ng and we are subject to the filing requirements for this offering under the New Overseas Listing Rules, and this offering and our listing on Nasdaq are therefore contingent on the completion of the filing procedures with the CSRC. Our CSRC filing was submitted in March 2024. On February 24, 2025, the CSRC published a Filing Completion Notice on the CSRC’s official website (“Filing Completion Notice”), confirming that we have completed the filing procedures with the CSRC under the New Overseas Listing Rules. However, there remain uncertainties in the interpretation and enforcement of these new laws and guidelines, which could materially and adversely impact our business and financial outlook. The PRC government has significant authority to exert influence on the ability of a China -based company, such as our PRC subsidiaries, to conduct its business, accept foreign investments or list on a U.S. or other foreign exchange. The PRC government also has significant discretion over the conduct of our business and may intervene with or influence our operations or the development of our industry as it deems appropriate to further regulatory, political and societal goals. Furthermore, the PRC government has recently indicated an intent to exert more oversight and control over overseas securities offerings and foreign investment in China -based companies. Any such action, once taken by the PRC government, may significantly limit or completely hinder our ability to offer or continue to offer securities to investors and cause the value of such securities to significantly decline or in extreme cases, become worthless. See “ Risks Related to Doing Business in China — The CSRC has recently released the New Overseas Listing Rules for China -based companies seeking to conduct overseas offering and listing in foreign markets. Under the New Overseas Listing Rules, the PRC government exerts more oversight and control over offerings that are conducted overseas and foreign investment in China -based issuers, which could significantly limit or completely hinder our ability to offer or continue to offer our ordinary shares to investors and could cause the value of our ordinary shares to significantly decline or such shares to become worthless ” beginning on page 36 for a description of the New Overseas Listing Rules and how they may impact our company and this offering. Furthermore, as more stringent criteria have been imposed by the U.S. Securities and Exchange