Company: XXC
Filing Date: 2025-09-08
Form Type: F-1/A
Source: 0001213900-25-085500
Chunk: 326

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-09-08
Form: F-1/A
Chunk 326
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NOTES TO INTERIM CONSOLIDATED FINANCIAL STATEMENTS NOTE 22 — RELATED PARTY TRANSACTIONS 1) Nature of relationships with related parties

| Name                                                                        |     | Relationship with the Company                     |
| Jinchun Cheng                                                               |     | Controlling shareholder of the Company            |
| Wuhu Xinkaishun Surface Treatment Co., Ltd. (“Wuhu Xinkaishun”)             |     | An entity controlled by management of Anhui Xinxu |
| Anhui Pinqian Renewable Resources Utilization Co., Ltd. (“Anhui Pinqian”)   |     | An entity controlled by management of Anhui Xinxu |
| Anhui Liangmao Renewable Resources Utilization Co., Ltd. (“Anhui Liangmao”) |     | An entity controlled by management of Anhui Xinxu |
| Anhui Jingwei Recycling Co., Ltd. (“Anhui Jingwei”)                         |     | An entity controlled by management of Anhui Xinxu |
| Wuhu Ruilian Ecological Agriculture Co., Ltd. (“Wuhu Ruilian”)              |     | An entity owned by Jinchun Cheng’s wife           |
| Wuhu Xinxu Logistics Co., Ltd. (“Xinxu Logistics”)                          |     | An entity controlled by management of Anhui Xinxu |

2) Related party transactions During the six months ended December 31, 2024 and 2023, the Company entered daily current transactions with related parties, and provided working capital to or received working capital from them. Daily transactions with related parties: Wuhu Xinkaishun provides tinning service to the Company. During the six months period ended December 31, 2024 and 2023, the transactions between the Company and Wuhu Xinkaishun amounted to $206,251 and $12,817, respectively. As of December 31 and June 30, 2024 the Company had advance to this supplier of $190,961 and $82,271, respectively. The Company purchases raw materials from Anhui Pinqian. There were no transactions between the Company and Anhui Pinqian during the six months period ended December 31, 2024 and 2023. As of December 31 and June 30, 2024, the Company had no balance owing to this company. The Company purchases raw materials from Anhui Liang