Company: XXC
Filing Date: 2025-11-18
Form Type: 20-F
Source: 0001213900-25-111691
Chunk: 52

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-11-18
Form: 20-F
Item: Item 10
Chunk 52
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 and file the tax return or withholding declaration subject to further monitoring
and oversight by the tax authorities. Accordingly, Xinxu Copper Industry Technology Limited may be able to enjoy the 5% withholding tax
rate for the dividends it receives from WFOE, if it satisfies the conditions prescribed under Circular 81 and other relevant tax rules
and regulations. However, according to Circular 81, if the relevant tax authorities consider the transactions or arrangements we have
are for the primary purpose of enjoying a favorable tax treatment, the relevant tax authorities may adjust the favorable withholding
tax in the future.

Material
United States Federal Income Tax Considerations

The
following is a discussion of certain material United States federal income tax considerations relating to the acquisition, ownership,
and disposition of our ordinary shares by a U. S. Holder, as defined below, that acquires our ordinary shares in our initial public offering
and holds our ordinary shares as “capital assets” (generally, property held for investment) under the United States Internal
Revenue Code of 1986, as amended (the “ Code”). This discussion is based on existing United States federal income tax law,
which is subject to differing interpretations or change, possibly with retroactive effect. No ruling has been sought from the Internal
Revenue Service (the “ IRS”) with respect to any United States federal income tax consequences described below, and there
can be no assurance that the IRS or a court will not take a contrary position. This discussion does not address all aspects of United
States federal income taxation that may be important to particular investors in light of their individual circumstances, including investors
subject to special tax rules (such as, for example, certain financial institutions, insurance companies, regulated investment companies,
real estate investment trusts, broker-dealers, traders in securities that elect mark-to-market treatment, partnerships (or other entities
treated as partnerships for United States federal income tax purposes) and their partners, tax-exempt organizations (including private
foundations)), investors that are subject to the applicable financial statement accounting rules of Section 451(b) of the Code, investors
who are not U. S. Holders, investors that own (directly, indirectly, or constructively) 5% or more of our voting shares, investors that
hold their ordinary shares as part of a straddle, hedge, conversion, constructive sale or other integrated transaction), or investors
that have a functional currency other than the U. S. dollar, all of whom may be subject to tax rules that differ