Company: XXC
Filing Date: 2025-11-28
Form Type: POS AM
Source: 0001213900-25-115625
Chunk: 269

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-11-28
Form: POS AM
Chunk 269
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2024 |   |
|:--------------------------------------|:----|:--|----------:|:--|:----|:--|-----------:|:--|
| Accounts receivable                   |     | $ | 9,502,209 |   |     | $ | 10,114,565 |   |
| Less: allowance for doubtful accounts |     |   |  (201,730 | ) |     |   |   (231,257 | ) |
| Accounts receivable, net              |     | $ | 9,300,479 |   |     | $ |  9,883,308 |   |

The average accounts receivable turnover period was approximately days and for the fiscal years ended June 30, 2025 and 2024, respectively.

Changes of allowance for doubtful accounts for the fiscal years ended June 30, 2025 and 2024 were as follows:

|                                              |     |   |     2025 |   |     |   |     2024 |   |
|:---------------------------------------------|:----|:--|---------:|:--|:----|:--|---------:|:--|
| Beginning balance                            |     | $ | (231,257 | ) |     | $ | (167,691 | ) |
| Provision adjustment for accounts receivable |     |   |   34,267 |   |     |   |  (63,932 | ) |
| Exchange difference                          |     |   |   (4,740 | ) |     |   |      366 |   |
| Ending balance                               |     | $ | (201,730 | ) |     | $ | (231,257 | ) |

NOTE 4 — INVENTORIES

Inventories as of June 30, 2025 and 2024 consisted of the following:

|                               |     |   |       2025 |   |     |   |      2024 |   |
|:------------------------------|:----|:--|-----------:|:--|:----|:--|----------:|:--|
| Raw materials                 |     | $ |  3,313,574 |   |     | $ | 1,062,732 |   |
| Work in process               |     |   |  3,364,960 |   |     |   | 3,692,754 |   |
| Finished goods                |     |   |