Company: XXC
Filing Date: 2025-06-10
Form Type: F-1/A
Source: 0001213900-25-052817
Chunk: 197

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-06-10
Form: F-1/A
Chunk 197
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, Anhui Province, for a term of one year from January1, 2024 to December31, 2024, which was renewed on January1, 2025 under similar terms for one year ending on December31, 2025. Mr.Cheng is entitled to participate in any benefit plans stipulated by both parties or required by the PRC laws. The employment agreement also contains customary covenants related to the suspension, modification and termination of this agreement. Compensation of Directors and Executive Officers For the fiscal year ended June30, 2024, we have paid an aggregate of approximately RMB273,111.91 (US$38,467) to our executive officers. Our PRC subsidiaries are required by law to make contributions equal to certain percentages of each employee’s salary for his or her pension insurance, medical insurance, unemployment insurance and other statutory benefits and a housing provident fund. As of the date of this prospectus, we are in compliance with all relevant laws and regulations regarding such benefits. For the fiscal year ended June30, 2024, no members of our board of directors received compensation in their capacity as directors. Historically, we have not paid our directors. Our independent directors, however, are entitled to receive cash compensation of $20,000 for each calendar year of service, payable in arrears on a quarterly basis. None of the directors are or will be entitled to receive any compensation or benefits upon termination of their directorship with the Company except for those compensation that they have already earned for services so rendered. We will also reimburse all directors for any out -of-pocketexpenses incurred by them in connection with their services provided in such capacity. 113

PRINCIPAL SHAREHOLDERS The following table sets forth information regarding the beneficial ownership of our ordinary shares as of the date of this prospectus by our officers, directors, director nominees and 5% or greater beneficial owners of ordinary shares. We have determined beneficial ownership in accordance with the rules of the SEC. These rules generally attribute beneficial ownership of securities to persons who possess sole or shared voting power or investment power with respect to those securities. The person is also deemed to be a beneficial owner of any security of which that person has a right to acquire beneficial ownership within 60 days. Unless otherwise indicated, the person identified in this table has sole voting and investment power with respect to all shares shown as beneficially owned by him, subject to applicable community property laws. As of the date of this prospectus, we had no