Company: XXC
Filing Date: 2025-11-18
Form Type: 20-F
Source: 0001213900-25-111691
Chunk: 77

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-11-18
Form: 20-F
Item: Item 19
Chunk 77
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 573,839            24,621           214,358  
  Cash at the end of year                                                                                        188,550           573,839            24,621  
  Supplemental disclosures of cash flows information:                                                                                                         
  Cash paid for interest                                                                           $             413,354          $364,065           364,771  
  Cash paid for income taxes                                                                       $                   —                $—                 —  

The accompanying notes are an integral part of
these consolidated financial statements.

F-6

XINXU COPPER INDUSTRY TECHNOLOGY LIMITED

NOTE 1 - ORGANIZATION AND NATURE
OF OPERATIONS

Xinxu Copper Industry Technology Limited (“ Xinxu
Group”)

Xinxu Group was incorporated
onSeptember 11, 2017under the laws of Cayman Islands. Under its amended and restated memorandum of association, Xinxu Group is
authorized to issue780,000,000ordinary shares of a single class, par value HK$0.0005(US$0.00006375), per ordinary share. There are
currently20,000,000issued and outstanding ordinary shares, of which78.5% was held by Sino Copper Investments Limited,4.2% was held
by Crestwell Development Limited,2% was held by Fortune Daily Developments Limited and15.3% was held by 4 individuals. Xinxu Group is
a holding company and is currently not actively engaging in any business. Xinxu Group’s registered office in the Cayman Islands
is Harneys Fiduciary (Cayman) Limited 4thFloor, Harbour Place 103 South Church Street Grand Cayman PO Box 10240. KY1-1002,
Cayman Islands.

Set forth below is the information
with respect to Xinxu Group and its subsidiaries:

  Entity Name                                                      Registered                                           Date of                 Ownership as of            
                                                                   Location                                             Incorporation           June 30, 2022              
  Xinxu Copper Industry Technology Limited (“ Xinxu Group”)        Cayman Islands                                       September 11, 2017      Holding company            
  Supreme Highness Limited (“ HK Xinxu”)                           Hong Kong                                            September 15, 2017      100% owned by Xinxu Group  
  Anhui Heri Information Technology Co., Ltd. (“ Anhui Heri”)      People’s Republic of China (“ China” or “ PRC”)      November