Company: XXC
Filing Date: 2025-06-10
Form Type: F-1/A
Source: 0001213900-25-052817
Chunk: 80

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-06-10
Form: F-1/A
Chunk 80
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 and their prices may fluctuate greatly. In addition, we have not entered into long -termagreements with most of our suppliers, including two of our top suppliers, if such suppliers are unable or unwilling to provide us with raw materials on terms favorable to us, we may be unable to produce certain products provided that we fail to locate reasonable replacement timely. The inability to produce certain products for customers could result in a decrease in profit and damage to our reputation. In the event our raw material costs increase, we may not be able to pass these higher costs on to our customers in full or at all, our business, financial condition and results of operations could be materially and adversely affected. Any disruption in the supply chain of raw materials and our products could adversely impact our ability to produce and deliver products, which could have a material adverse effect on our business, financial condition and results of operations. In order to optimize our product production, we must manage our supply chain for raw materials and delivery of our products effectively. Supply chain fragmentation and local protectionism within China further complicates supply chain disruption risks. Local administrative bodies and physical infrastructure built to protect local interests may pose transportation challenges for raw material transportation as well as product delivery. We are vulnerable to health epidemics and natural disasters. For example, our business was adversely affected by coronavirus disease 2019 (COVID -19) between 2020 and 2023. The COVID -19adversely affected many aspects of our business, including the expansion of our customer base, the introduction of new product offerings, and the increase of purchase price for raw materials by suppliers. Our production, logistics and supply chain were also temporarily restricted during the temporarily lockdown periods as requested by the local government as a result of the COVID -19; however, we did not experience any material inventory, raw material or labor shortages or reduced headcount of our employees, and the COVID -19did not have a material impact on the Company’s financial positions and operating results. Our revenue reached approximately $105.87million and $170.85million, respectively, for the fiscal years ended June30, 2024 and 2023. Although the global impact of the COVID -19has subsided, the potential emergence or resurgence of new variants of the virus may result in renewed disruptions to economic activity and global supply chains. Such developments could lead to reinstated government -mandatedlockdowns, travel restrictions, workforce shortages, delays in logistics and production, or reduced customer demand across our markets. These adverse effects may disrupt our operations