Company: XXC
Filing Date: 2025-09-08
Form Type: F-1/A
Source: 0001213900-25-085500
Chunk: 134

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-09-08
Form: F-1/A
Chunk 134
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 the consolidated financial statements. 79 Net cash used in investing activities was approximately $1.44million for the six months ended December31, 2023, which was primarily attributable to the acquisition of fixed assets during the period. Net cash used in investing activities was approximately $2.09million for the fiscal year ended June30, 2024, which was primarily attributable to the acquisition of fixed assets during the fiscal year. Net cash provided by investing activities was approximately $1.79million for the fiscal year ended June30, 2023, which was primarily attributable to the collection of loan receivable during the 2023 fiscal year, partially offset by the acquisition of fixed assets. Financing Activities: Net cash provided by financing activities was approximately $0.86million for the six months ended December31, 2024, which was primarily attributable to net proceeds received from short -termborrowings of approximately $1.94million from bank facilities, partially offset by net repayment to related parties of approximately $1.07million. Net cash used in financing activities was approximately $0.47million for the six months ended December31, 2023, which was primarily attributable to the net proceeds received from short -termborrowings of approximately $4.63million from bank facilities, offset by net repayments of approximately $5.09million; net repayment of long -termborrowings from related parties of $3.04million, and payments to related parties of approximately $3.47million; and net proceeds received from long -termborrowing of approximately $0.42million. Net cash used in financing activities was approximately $0.65million for the fiscal year ended June30, 2024, which was primarily attributable to net proceeds received from short -termborrowings of approximately $0.51million from bank facilities and proceeds of long -termborrowings of approximately $0.55million from bank facilities, partially offset by net repayment to related parties of approximately $1.72million. Net cash used in financing activities was approximately $0.53million for the fiscal year ended June30, 2023, which was primarily attributable to the net proceeds of approximately $8.15million received from short -termborrowings from bank facilities, the net repayments of short -termborrowings of approximately $6.74million, net proceeds received from related parties of approximately $4.51million, and payments to related parties of approximately $6.46million. Contractual Obl