Company: XXC
Filing Date: 2025-06-10
Form Type: F-1/A
Source: 0001213900-25-052817
Chunk: 200

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-06-10
Form: F-1/A
Chunk 200
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 Provided by/to Related Parties Mr.Jinchun Cheng, our Chief Executive Officer, director and principal shareholder, periodically provides working capital to support the Company’s operations when needed. As of June30, 2024, 2023 and 2022, the total amount due to Mr.Jinchun Cheng were $4,995,280, $5,508,444 and $9,298,369, respectively, which were unsecured, interest -freeand due on demand. The Company and Anhui Liangmao Renewable Resources Utilization Co., Ltd. (“Anhui Liangmao”) periodically provide working capital to support the operations of each other when needed. As of June30, 2024, 2023 and 2022, the Company had an outstanding payable due to Anhui Liangmao of $148,613, $6,757 and nil, respectively. This 115

represented unsecured, due on demand and interest -freeborrowings between the Company and Anhui Liangmao. During the fiscal year ended June30, 2024, Anhui Liangmao provided $2,773,779 working capital to the Company, and the Company returned $2,631,076 to Anhui Liangmao. Anhui Liangmao provided $6,757 working capital to the Company during the fiscal year ended June30, 2023. The Company and Anhui Jingwei periodically provide working capital to support each other’s operations when needed, which are unsecured, interest -freeand due on demand. As of June30, 2024, the Company had receivable due from Anhui Jingwei of $5,228. As of June30, 2023 and 2022, the Company had outstanding payable due to Anhui Jingwei of $1,285,287 and nil, respectively, which were unsecured, interest -freeand due on demand. Anhui Jingwei provided $3,275,800 working capital to the Company, and the Company returned $4,571,060 to Anhui Jingwei during the fiscal year ended June30, 2024. Anhui Jingwei provided $2,864,703 working capital to the Company, and the Company returned $1,524,390 to Anhui Jingwei during the fiscal year ended June30, 2023. Related Party Balances Net outstanding balances with related parties consisted of the following