Company: XXC
Filing Date: 2025-08-05
Form Type: F-1/A
Source: 0001213900-25-071711
Chunk: 183

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-08-05
Form: F-1/A
Chunk 183
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 the China’s national top -leveldomain name “.CN”. The CNNIC issued the Measures of the China Internet Network Information Center for the Resolution of Country Code Top -LevelDomain Name Disputes on September9, 2014, which took effect on November21, 2014, and was replaced by the Measures for the Resolution of National Top -levelDomain Names Disputes issued by the CNNIC on June18, 2019. Pursuant to the Measures for the Resolution of National Top -levelDomain Names Disputes, domain name disputes shall be accepted and resolved by the dispute resolution service providers as accredited by the CNNIC. Regulations Relating to Foreign Exchange The principal regulations governing foreign currency exchange in China are the Administrative Regulations on Foreign Exchange of the People’s Republic of China, or the Foreign Exchange Administrative Regulation, which was promulgated by the State Council on January29, 1996, which became effective on April1, 1996 and was subsequently amended on January14, 1997 and August5, 2008 and the Administrative Regulations on Foreign Exchange Settlement, Sales and Payment which was promulgated by the People’s Bank of China, or the PBOC, on June20, 1996 and became effective on July1, 1996. Under these regulations, payments of current account items, such as profit distributions and trade and service -relatedforeign exchange transactions, can be made in foreign currencies without prior approval from State Foreign Exchange Administration of the People’s Republic of China, or the SAFE, by complying with certain procedural requirements. By contrast, approval from or registration with appropriate government authorities is required where RMB is to be converted into foreign currency and remitted out of China to pay capital account items such as the repayment of foreign currency -denominatedloans, direct investment overseas and investments in securities or derivative products outside of the PRC. FIEs are permitted to convert their after -taxdividends into foreign exchange and to remit such foreign exchange out of their foreign exchange bank accounts in the PRC. On March30, 2015, SAFE promulgated the Notice on Reforming the Administration of Foreign Exchange Settlement of Capital of Foreign -investedEnterprises, or the SAFE Circular19, which took effect on June1, 2015. According to SAFE Circular19, the foreign currency capital contribution to an FIE in its capital account may be converted into RMB on a discretional basis. On June9, 2016, the SAFE promulg