Company: XXC
Filing Date: 2025-11-28
Form Type: POS AM
Source: 0001213900-25-115625
Chunk: 287

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-11-28
Form: POS AM
Chunk 287
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Income taxes for the fiscal years ended June 30, 2025 and 2024 are attributed to the Company’s continuing operations in China and consisted of:

|                                   |     | 2025 |   |     | 2024 |   |     | 2023 |        |   |
|:----------------------------------|:----|:-----|:--|:----|:-----|:--|:----|:-----|-------:|:--|
| Current income tax                |     | $    | — |     | $    | — |     | $    | 36,260 |   |
| Deferred income tax               |     |      | — |     |      | — |     |      | (4,447 | ) |
| Total income tax (refund) expense |     | $    | — |     | $    | — |     | $    | 31,813 |   |

The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities as of June 30, 2025 and 2024 are presented below:

|                                     |     | As of June 30, |         |     |      |         |     |      |         |
|                                     |     |           2025 |         |     | 2024 |         |     | 2023 |         |
| Deferred tax assets:                |     |                |         |     |      |         |     |      |         |
| Bad debts and impairment provisions |     |                |  80,714 |     |      |  79,563 |     |      |  79,738 |
| Safety production funds             |     |                | 395,569 |     |      | 389,930 |     |      | 390,785 |
| Total                               |     |              $ | 476,283 |     |    $ | 469,493 |     |    $ | 470,523 |

F-26 XINXU COPPER INDUSTRY TECHNOLOGY LIMITED
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS NOTE 23 — INCOME TAXES (cont.) The Company follows the liability method of accounting for income taxes in accordance with ASC 740 (“ASC 740”), Income Taxes. Under this method, deferred tax assets and liabilities are determined based on the difference between the financial reporting and tax bases of assets and liabilities using enacted tax rates that will be