Company: XXC
Filing Date: 2025-06-10
Form Type: F-1/A
Source: 0001213900-25-052817
Chunk: 288

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-06-10
Form: F-1/A
Chunk 288
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 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. F-26

XINXU COPPER INDUSTRY TECHNOLOGY LIMITED
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS NOTE 24 — INCOME TAXES (cont.) 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 fiscal years ended June 30, 2024 and 2023 as follows:

|                                       |     |   |     2024 |   |     |   |     2023 |   |
|:--------------------------------------|:----|:--|---------:|:--|:----|:--|---------:|:--|
| (Loss) income before taxes            |     | $ |  923,325 |   |     | $ | (241,185 | ) |
| PRC EIT tax rates                     |     |   |       15 | % |     |   |       15 | % |
| Tax at the PRC EIT tax rates          |     | $ |  138,499 |   |     |   |        — |   |
| Tax effect of non-deductible expenses |     |   |   (2,762 | ) |     |   |   31,813 |   |
| Tax effect of R&D expense deduction   |     |   | (135,737 | ) |     |   |        — |   |
| Income tax (refund) expenses          |     | $ |        — |   |     | $ |   31,813 |   |

Income taxes for the fiscal years ended June 30, 2024 and 2023 are attributed to the Company’s continuing operations in China and consisted of:

|                                   |     | 2024 |   |     | 2023 |        |   |
|:----------------------------------|:----|:-----|:--|:----|:-----|-------:|:--|
| Current income tax                |     | $    | — |     | $    | 36,260 |   |
| Deferred income tax               |     |      | — |     |      | (4,447 | ) |
| Total income tax (refund) expense |     | $    | — |     | $    | 31,813 |