Company: XXC
Filing Date: 2025-09-18
Form Type: F-1/A
Source: 0001213900-25-089077
Chunk: 206

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-09-18
Form: F-1/A
Chunk 206
---
4 and 2023, transactions between the Company and Xinxu Logistics amounted to $7,246 and $21,800, respectively. During the fiscal year ended June 30, 2024, 2023, and 2022, the logistics service transactions between the Company and Xinxu Logistics amounted to $25,982, 124

$118,506 and $132,817, respectively. As of December31, 2024 and June30, 2024, the Company had advances to Xinxu Logistics of nil and $7,155, respectively. As of June30, 2023 and 2022, the Company had accounts payable to Xinxu Logistics of $17,355 and $8,691, respectively. Working Capital Provided by/to Related Parties Mr.Jinchun Cheng, our Chief Executive Officer, director and principal shareholder, periodically provides working capital to support the Company’s operations when needed. As of December31, 2024, June30, 2024, 2023 and 2022, the total amount due to Mr.Jinchun Cheng were $4,426,868, $4,995,280, $5,508,444 and $9,298,369, respectively, which were unsecured, interest -freeand due on demand. The Company and Anhui Liangmao Renewable Resources Utilization Co., Ltd. (“Anhui Liangmao”), a PRC company controlled by an employee of Anhui Xinxu, periodically provide working capital to support the operations of each other when needed. As of December 31,2024, June30, 2024, 2023 and 2022, the Company had an outstanding payable due to Anhui Liangmao of $435,658, $148,613, $6,757 and nil, respectively. This represented unsecured, due on demand and interest -freeborrowings between the Company and Anhui Liangmao. Anhui Liangmao provided $1,620,522 working capital to the Company, and the Company returned $1,327,908 to Anhui Liangmao during the six months ended December31, 2024. During the fiscal year ended June30, 2024, Anhui Liangmao provided $2,773,779 working capital to the Company, and the Company returned $2,631,076 to Anhui Liangmao