Company: XXC
Filing Date: 2025-06-10
Form Type: F-1/A
Source: 0001213900-25-052817
Chunk: 136

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-06-10
Form: F-1/A
Chunk 136
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 global economic recovery and uncertainties in the international trade environment. In 2024, copper processing production in China reached approximately 23.50 million tons, representing a year -on-yearincrease of 1.7%. Among this total, the output of copper wire was approximately 10.67million tons, copper strip 2.59million tons, copper bar 1.44million tons, copper tube 2.41million tons, copper rod 1.97million tons, and copper foil 1.07million tons, while the total output of other types of copper materials was approximately 3.35million tons. These categories accounted for approximately 46%, 11%, 6%, 10%, 8%, 5%, and 14% of total copper processing production, respectively. respectively, of the total output. Below is a structure diagram of China copper processing material production in 2024 (Chart 1): Source: China Non -FerrousMetals Fabrication Industry Association and www. qianzhan .com, cited in an articletitled “China Copper industry segmentation Copper market analysis in 2025-copper wire production accounted for the largest proportion”. 77 Driving Forces of Copper Consumption Housing and Building SMM research data show that the actual national consumption of electrical copper of China is expected to be 1,468 tons in 2023, up 6.4% year on year. According to CRU research, in 2023, global refined copper consumption will increase by 2.1% year on year, with China’s refined copper consumption accounting for 57% of the total global refined copper consumption, and the incremental global refined copper consumption is mainly contributed by China. Even if the real estate industry remains sluggish in 2023, China’s refined copper consumption will still grow significantly thanks to the steady contribution of new energy, power and household appliance industries. Renewable Energy Demand In 2024, the power industry accounts for more than 50% of the domestic copper consumption structure of China, followed by household appliances with 28%. China’s switch to renewable energy systems is likely to be a key demand driver going forward. Copper is the best non -preciousmetal conductor of electricity due to the lack of resistance it offers. This property makes it an important component in energy -efficientgenerators and renewable energy systems, with solar and wind energy installations using larger volumes of copper than conventional thermal power generators. Global copper demand for solar and wind energy systems is expected to rise by 56% by