Company: XXC
Filing Date: 2025-09-08
Form Type: F-1/A
Source: 0001213900-25-085500
Chunk: 331

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-09-08
Form: F-1/A
Chunk 331
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paid income tax expenses for the six months ended December 31, 2024, and 2023, respectively, and does not anticipate any significant increases or decreases in unrecognized tax benefits in the next 12 months from June 30, 2024. The PRC tax authorities may impose late payment fees and other penalties for the unpaid taxes according to the applicable regulations. Our financial position could be materially and adversely affected if it is required by the PRC tax authorities to pay late payment fees and other penalties. Per the consolidated statements of income and comprehensive income, the income tax expenses for the Company can be reconciled to the income before income taxes for the six months ended December 31, 2024, and 2023 as follows:

|                                       |     |   |       2024 |   |     |   |     2023 |   |
|:--------------------------------------|:----|:--|-----------:|:--|:----|:--|---------:|:--|
| Loss before taxes                     |     | $ | (1,495,093 | ) |     | $ | (294,264 | ) |
| PRC EIT tax rates                     |     |   |         15 | % |     |   |       15 | % |
| Tax at the PRC EIT tax rates          |     | $ |          — |   |     |   |        — |   |
| Tax effect of non-deductible expenses |     |   |          — |   |     |   |        — |   |
| Income tax expenses                   |     | $ |          — |   |     | $ |        — |   |

Income taxes for the six months ended December 31, 2024 and 2023 were attributed to the Company’s continuing operations in China and consisted of:

|                          |     | 2024 |   |     | 2023 |   |
|:-------------------------|:----|:-----|:--|:----|:-----|:--|
| Current income tax       |     | $    | — |     | $    | — |
| Deferred income tax      |     |      | — |     |      | — |
| Total income tax expense |     | $    | — |     | $    | — |

The tax effects of temporary differences that give rise to significant portions of the deferred tax assets at December 31 and June 30, 2024 are presented below:

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