Company: XXC
Filing Date: 2025-08-05
Form Type: F-1/A
Source: 0001213900-25-071711
Chunk: 133

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-08-05
Form: F-1/A
Chunk 133
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used in) provided by investing activities |     |   |     (283,693 | ) |     |   |  (2,093,112 | ) |     |   |   1,788,177 |   |
| Net cash provided by (used in) financing activities |     |   |      862,022 |   |     |   |    (654,252 | ) |     |   |    (530,559 | ) |
| Effect of exchange rate changes on cash and cash    
 equivalents                                         |     |   |       (2,178 | ) |     |   |      (3,295 | ) |     |   |      (8,581 | ) |
| Net change in cash and cash equivalents             |     | $ |      (22,661 | ) |     | $ |     549,218 |   |     | $ |    (189,737 | ) |
| Cash and cash equivalents, beginning of period      |     |   |      573,839 |   |     |   |      24,621 |   |     |   |     214,358 |   |
| Cash and cash equivalents, end of period            |     | $ |      551,178 |   |     | $ |     573,839 |   |     | $ |      24,621 |   |

Operating Activities: Net cash used in operating activities for the six months ended December 31, 2024 was approximately $0.60 million, which was primarily attributable to a net income of approximately $1.50 million, adjusted for non -cashitems for approximately $0.09 million and adjustments for changes in working capital of approximately $2.18 million. The adjustments for changes in working capital mainly included: (i)a decrease in accounts receivable of approximately $2million, primarily due to collection of outstanding balances during the fiscal year ended June30, 2024; (ii)an increase in inventory of approximately $3.93million, which was in line with the increase in sales revenue; (iii)an increase in advance to suppliers of approximately $1.29million, primarily due to the increase of resale of copper materials, which was usually paid in advance to the suppliers; and (iv)an increase in other payables of approximately $3.45million, primarily due to a non -interestbearing loan from a third -partycompany for the purpose of supporting the Company’s operation. Net cash provided