Company: XXC
Filing Date: 2025-06-10
Form Type: F-1/A
Source: 0001213900-25-052817
Chunk: 285

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-06-10
Form: F-1/A
Chunk 285
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 June 30, 2024, the Company had advance to Xinxu Logistics of $7,155. As of June 30, 2023, the Company had an outstanding account payable to Xinxu Logistics of $17,355.

F-24

XINXU COPPER INDUSTRY TECHNOLOGY LIMITED
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS NOTE 22 — RELATED PARTY TRANSACTIONS (cont.) Working capital provided by / to related parties: Jinchun Cheng periodically provides working capital to support the Company’s operations when needed. As of June 30, 2024 and 2023, the Company had outstanding payable due to Jinchun Cheng with an amount of $4,995,280 and $5,508,444, respectively. This represented unsecured, due on demand and interest -freeborrowings between the Company and Jinchun Cheng. During the fiscal year ended June 30, 2024, he provided $2,879,360 working capital to the Company, and the Company returned $3,496,716 to him. During the fiscal year ended June 30, 2023, Jinchun Cheng provided $1,637,281 working capital to the Company, and the Company returned $4,931,733 to him. The Company and Anhui Liangmao periodically provide working capital to support each other’s operations when needed. As of June 30, 2024 and 2023, the Company had an outstanding payable due to Anhui Liangmao of $148,613 and $6,757, respectively. This represented unsecured, due on demand and interest -freeborrowings between the Company and Anhui Liangmao. During the fiscal year ended June 30, 2024, Anhui Liangmao provided $2,773,779 working capital to the Company, and the Company returned $2,631,076 to Anhui Liangmao. Anhui Liangmao provided $6,757 working capital to the Company during the fiscal year ended June 30, 2023. The Company and Anhui Jingwei periodically provide working capital to support each other’s operations when needed. As of June 30, 2024, the Company had receivable due from Anhui Jingwei of $5,228. As of June 30, 2023, the Company had outstanding payable due to Anhui Jing