Company: XXC
Filing Date: 2025-08-05
Form Type: F-1/A
Source: 0001213900-25-071711
Chunk: 299

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-08-05
Form: F-1/A
Chunk 299
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 close our office and production facilities, we still experienced business disruptions, including but not limited to supply chain disruptions and raw material procurement difficulties during the new lockdown. Due to restrictions on logistics and supply chain disruptions in certain areas of China, we reduced our production output during the new lockdown period, which to some extent adversely affected our results of operations for the same period. Starting from June 2022, we resumed our production scale to the pre -lockdownlevel. The lockdown in Shanghai from March to May 2022 had an adverse impact on our results of operations as our logistics and supply chain, business development and raw material procurement activities were restricted in the recent lockdown period. Notwithstanding the foregoing, we have not experienced inventory, labour shortages or reduced headcounts of our employees during the recent lockdown period in Shanghai as our offices and production facilities were operational during the lockdown period. As the PRC government announced optimization of COVID -19rules in November 2022, many of the restrictive measures previously adopted by the PRC governments at various levels to control the spread of the COVID -19virus have been revoked or replaced with more flexible measures. The financial impact of COVID -19outbreak on the Company’s financial condition and results of operations is declining. However, for the full fiscal year of 2024, the Company is currently unable to quantify the expected impact of the COVID -19pandemic on its future operations, financial condition, liquidity and results of operations. NOTE 29 — SUBSEQUENT EVENTS As for the date of the issuance of these financial statements, the refinanced short -termborrowings are presented below:

| Bank Name                      |     | Amount – RMB |            |     | Issuance  
 Date      |     | Expiration 
 Date       |     | Interest |   |     | Pledged by    
 assets listed 
 below         |
| Wuhu Jinsheng Rural Commercial 
 Bank                           |     |              | 10,000,000 |     | 7/05/2024 |     | 7/04/2025  |     |     4.00 | % |     | Yes           |
| Agricultural Bank of China     |     |              |  3,500,000 |     | 7/29/2024 |     | 7/26/2025  |     |     3.45 | % |     | No            |
| Third-party individuals        |     |              |  5,850,000 |     |