Company: XXC
Filing Date: 2025-09-18
Form Type: F-1/A
Source: 0001213900-25-089077
Chunk: 141

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-09-18
Form: F-1/A
Chunk 141
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 China reached approximately 23.50million tons, representing a year -on-yearincrease of 1.7%. Among this total, the output of copper wire was approximately 10.67million tons, copper strip 2.59million tons, copper bar 1.44million tons, copper tube 2.41million tons, copper rod 1.97million tons, and copper foil 1.07million tons, while the total output of other types of copper materials was approximately 3.35million tons. These categories accounted for approximately 46%, 11%, 6%, 10%, 8%, 5%, and 14% of total copper processing production, respectively, of the total output. Below is a structure diagram of China’s copper fabricated product output in 2024: Source: China Non -FerrousMetals Fabrication Industry Association and www.qianzhan.com, cited in an articletitled “China Copper industry segmentation Copper market analysis in 2025 -copperwire production accounted for the largest proportion”. 85 Driving Forces of Copper Consumption Renewable Energy Demand According to Jinshi Data, a financial information service provider in China, citing the latest report released by the World Bureau of Metal Statistics (WBMS), global refined copper production in November 2024 was approximately 2.32million tons, while global copper consumption reached approximately 2.35million tons, resulting in a supply deficit of approximately 32,100 tons. For the period from January to November 2024, global refined copper output totaled approximately 25.55million tons, compared to global consumption of approximately 25.78million tons, reflecting a cumulative supply shortage of approximately 233,300 tons. According to the data released on Manufacturing Rankings Database, China’s apparent consumption of refined copper reached 14.95million tons in 2024, representing a year -over-yeardecrease of 5.6%. The decline was primarily influenced by weaker demand in the construction sector, which offset growth driven by the power, home appliance, automotive, and new energy industries. Refined copper consumption in China is mainly concentrated in end -usesectors such as power cables, home appliances, automobiles, and real estate. Among these, power cables accounted for approximately 37% of total consumption, with construction, home appliances (including air conditioning and other refrigeration equipment) and the automotive sector accounting for 21%, 15%, and 8%, respectively, in 2024. The rapid development of the new energy sector,