Company: XXC
Filing Date: 2025-09-18
Form Type: F-1/A
Source: 0001213900-25-089077
Chunk: 84

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-09-18
Form: F-1/A
Chunk 84
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 to retain our existing customers, especially our top customers or to acquire new customers in a cost -effectivemanner, our revenues may decrease and our results of operations will be adversely affected. Our business is dependent on third-party suppliers and changes or difficulties in our relationships with our suppliers may harm our business and financial results. We are dependent on our suppliers for raw materials to manufacture our products as well as products for resale. We had a limited number of major suppliers whose purchases individually represented 10% or more of the Company’s total purchases. For the fiscal year ended June30, 2023, our top three suppliers accounted for an aggregate of approximately 55.30% of our total purchases. For the fiscal year ended June30, 2024, our top three suppliers accounted for an aggregate of approximately 41.45% of our total purchases. For the six months ended December31, 2024, our top five suppliers accounted for an aggregate of approximately 68.63% of our total purchases. Our suppliers may fail to meet timelines or contractual obligations or provide us with sufficient products, which may adversely affect our business, financial condition and results of operations. We are also subject to credit risk with respect to our third -partysuppliers. We may not be able to replace a supplier within a reasonable period of time, on as favorable terms or without disruption to our operations. Any adverse changes to our relationships with third -partysuppliers could have a material adverse effect on our image, brand and reputation, as well as on our business, financial condition and results of operations. We do not have long term contracts with most of our suppliers (including some of our major suppliers), and they can reduce order quantities or terminate their sales to us at any time, which may materially and adversely affect our business, financial condition and results of operations. We do not have long term contracts with most of our suppliers, including some of our major suppliers. At any time, such suppliers can reduce the quantities of products they sell to us, or cease selling products to us all. Such reductions or terminations could have a material adverse impact on our revenues, profits and financial condition if we fail to locate a replacement timely. Changes to our payment terms with both customers and suppliers may materially adversely affect our operating cash flows. We may experience significant pressure from our suppliers to reduce the number of days of our accounts payable. At the same time, we may experience pressure from our customers to extend the number of days before paying our accounts receivable. Any failure to