Company: XXC
Filing Date: 2025-06-10
Form Type: F-1/A
Source: 0001213900-25-052817
Chunk: 193

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-06-10
Form: F-1/A
Chunk 193
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9. Mr.Liu received his master’s degree in business from Nanjing University in 2011 and his bachelor’s degree in law from Nanjing University in 2007. Board of Directors and Committees Upon the SEC’s declaration of effectiveness of our registration statement on Form F -1, of which this prospectus is a part, our board of directors will consist of five directors, including two executive directors and three independent directors. We will also establish an Audit Committee, Compensation Committee, and Nominating and Corporate Governance Committee upon the effectiveness of our registration statement on Form F -1, of which this prospectus is a part. We will adopt a charter for each of the three committees. Each of the committees of our board of directors shall have the composition and responsibilities described below. 110 Audit Committee Jing Chen, Zhihua Bi, and Fei Bai will serve as members of our Audit Committee with Jing Chen serving as the chairman of the Audit Committee. Each of our Audit Committee members will satisfy the “independence” requirements of the Nasdaq listing rules and meet the independence standards under Rule 10A -3under the Exchange Act. Our board of directors has determined that Jing Chen possesses accounting or related financial management experience that qualifies her as an “audit committee financial expert” as defined by the rules and regulations of the SEC. Our Audit Committee oversees our accounting and financial reporting processes and the audits of our financial statements. Our Audit Committee will perform several functions, including: •evaluating the independence and performance of, and assesses the qualifications of, our independent auditor, and engages such independent auditor; •approving the plan and fees for the annual audit, quarterly reviews, tax and other audit -relatedservices, and approves in advance any non -auditservice to be provided by the independent auditor; •monitoring the independence of the independent auditor and the rotation of partners of the independent auditor on our engagement team as required by law; •reviewing the financial statements to be included in our Annual Report on Form 20 -Fand Current Reports on Form 6 -Kand reviews with management and the independent auditors the results of the annual audit and reviews of our quarterly financial statements; •overseeing all aspects of our systems of internal accounting control and corporate governance functions on behalf of the board; •reviewing and approving in advance any proposed related -partytransactions and report to the full Board on any approved transactions; •providing oversight assistance in connection with legal, ethical and risk management compliance programs established by management and our board of directors