Company: XXC
Filing Date: 2025-11-18
Form Type: 20-F
Source: 0001213900-25-111691
Chunk: 13

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-11-18
Form: 20-F
Item: Item 6
Chunk 13
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Item 6. Directors, Senior Management and Employees

,” and certain shareholder(s) have agreed not to sell any ordinary
shares for 12 months from the date of the final prospectus of our initial public offering without the prior written consent of the underwriter,
subject to certain exceptions. However, the underwriters may release these securities from these restrictions at any time, subject to
applicable regulations of the Financial Industry Regulatory Authority, Inc. We cannot predict what effect, if any, market sales of securities
held by our significant shareholders or any other shareholder or the availability of these securities for future sales will have on the
market price of our ordinary shares.

Because we do not expect to pay dividends
in the foreseeable future, you must rely on price appreciation of our ordinary shares for return on your investment.

We currently intend to retain
all of our available funds and any future earnings to fund the development and growth of our business. As a result, we do not expect to
pay any cash dividends in the foreseeable future. Therefore, you should not rely on an investment in our ordinary shares as a source for
any future dividend income.

Our board of directors has
discretion as to whether to distribute dividends. Even if our board of directors decides to declare and pay dividends, the timing, amount
and form of future dividends, if any, will depend on, among other things, our future results of operations and cash flow, our capital
requirements and surplus, the amount of distributions, if any, received by us from our subsidiaries, our financial condition, contractual
restrictions and other factors deemed relevant by our board of directors. Accordingly, the return on your investment in our ordinary shares
will likely depend entirely upon any future price appreciation of our ordinary shares. There is no guarantee that our ordinary shares
will appreciate in value after our initial public offering or even maintain the price at which you purchased our ordinary shares. You
may not realize a return on your investment in our ordinary shares and you may even lose your entire investment.

If we are classified as a passive foreign
investment company, United States taxpayers who own our ordinary shares may have adverse United States federal income tax consequences.

A non-U. S. corporation such
as us will be classified as a passive foreign investment company, which is known as a PFIC, for any taxable year if, for such year, either

  At least 75% of our gross income for the year is passive income;  

  The average percentage of our assets (determined at the end