Company: XXC
Filing Date: 2025-11-18
Form Type: 20-F
Source: 0001213900-25-111691
Chunk: 6

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-11-18
Form: 20-F
Item: Item 5
Chunk 6
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ongoing and new R& D projects in response to evolving market conditions. We currently also have a patent portfolio of six registered
patents in China. In 2018, Anhui Xinxu was recognized as an “ Anhui Enterprise Technical Center” due to our comparatively strong
technical strength and optimized R& D conditions.

We prioritize product quality
management and are committed to strengthening the professional ethics and cultivating quality consciousness of our employees, forming
a strict quality management system, which we believe is in line with industry standards in China. As a high technology company, we have
established a sound quality control system where our products, including copper bars, are currently compliant with the ISO 9001, ISO 14001
and IATF16949 standards.

We generate revenues through
(i) sales of our own “ Xinxu” brand copper products, (ii) sales of copper raw materials, and (iii) service fees for processing
customized copper products for our customers.

For the fiscal years ended
June 30, 2025, 2024 and 2023, we recognized revenue of approximately $113.46 million, $105.87 million and $170.85 million, respectively,
and generated net income of approximately $1.33 million and $0.84 million, respectively, for the fiscal year ended June 30, 2025 and 2024
while we incurred net loss of approximately $0.27 million for the fiscal year ended June 30, 2023.

Our Strengths

We believe that the following
strengths contribute to our growth and differentiate us from our competitors:

  Strong R& D capabilities. We are committed to investing in R& D and have built a                                                    
  strong R& D team. As of June 30, 2025, 2024 and 2023, our R& D expenses were approximately $1,380,425, $1,103,806 and               
  $531,062, respectively, and as of the date of this annual report, we have a team of 43 employees in the R& D department,            
  including 18 professional engineers and 25 technicians, of whom a majority have relevant industry experience of over 20 years. Our  
  R& D team has years of technology know-how in developing and launching products and services in response to market demands.         
  As of the date of this annual report, we have an intellectual property portfolio consisting of four registered trademarks