Company: XXC
Filing Date: 2025-11-18
Form Type: 20-F
Source: 0001213900-25-111691
Chunk: 41

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-11-18
Form: 20-F
Item: Item 10
Chunk 41
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 meeting being held.

Shareholder
Proposals

Under
the Delaware General Corporation Law, a shareholder has the right to put any proposal before the annual general meeting, provided it
complies with the notice provisions in the governing documents. An extraordinary general meeting may be called by the board of directors
or any other person authorized to do so in the governing documents, but shareholders may be precluded from calling special meetings.

The
Companies Act provides shareholders with only limited rights to requisition a general meeting, and does not provide shareholders with
any right to put any proposal before a general meeting. However, these rights may be provided in a company’s articles of association.
Our MAA provides that general meetings shall be convened on the written requisition of one or more of the shareholders entitled to attend
and vote at our general meetings who (together) hold not less than 10 percent of the rights to vote at such general meeting in accordance
with the notice provisions in the articles, specifying the purpose of the meeting and signed by each of the shareholders making the requisition.
If the directors do not convene such meeting for a date not later than twenty-one clear days’ after the date of receipt of the
written requisition, those shareholders who requested the meeting may convene the general meeting themselves within three months after
the end of such period of twenty-one clear days in which case reasonable expenses incurred by them as a result of the directors failing
to convene a meeting shall be reimbursed by us. Our MAA provides no other right to put any proposals before annual general meetings or
extraordinary general meetings. As an exempted Cayman Islands company, we are not obliged by law to call annual general meetings.

Cumulative
Voting

Under
the Delaware General Corporation Law, cumulative voting for elections of directors is not permitted unless the corporation’s certificate
of incorporation specifically provides for it. Cumulative voting potentially facilitates the representation of minority shareholders
on a board of directors since it permits the minority shareholder to cast all the votes to which the shareholder is entitled on a single
director, which increases the shareholder’s voting power with respect to electing such director. There are no prohibitions in relation
to cumulative voting under the Companies Act but our MAA does not provide for cumulative voting. As a result, our shareholders are not
afforded any fewer protections or rights on this issue than shareholders of a Delaware corporation.

Removal
of Directors

Under
the Delaware General Corporation Law, a director of a corporation with a classified