Company: XXC
Filing Date: 2025-09-18
Form Type: F-1/A
Source: 0001213900-25-089077
Chunk: 3

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-09-18
Form: F-1/A
Chunk 3
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 holding company with no material operations of its own, Xinxu conducts substantially all of its operations through our operating subsidiaries established in the People’s Republic of China (“PRC” or “China”), primarily Anhui Xinxu New Materials Co., Ltd. (“Anhui Xinxu”). When used herein, the references to laws and regulations of “China” or the “PRC” are only to such laws and regulations of mainland China, excluding, for the purpose of this prospectus only, Taiwan, Hong Kong and Macau. We are offering 1,500,000 ordinary shares, par value HK$0.0005 per share, on a firm commitment basis. We expect the initial public offering price of the shares to be in the range of $4.00 to $5.00 per share. Prior to this offering, there has been no public market for our ordinary shares. We have applied to have our ordinary shares listed on the Nasdaq Capital Market (the “Nasdaq”) under the symbol “XXC.” We cannot guarantee that we will be successful in listing our ordinary shares on Nasdaq; however, we will not complete this offering unless we are so listed. Investors are cautioned that Xinxu is not a PRC operating company but a Cayman Islands holding company with operations conducted by our PRC subsidiaries in China, and that you are purchasing shares of Xinxu, a Cayman Islands holding company in this initial public offering instead of purchasing equity securities of our PRC subsidiaries that have business operations in China and you may never hold any equity interests in our PRC subsidiaries in China. We control and receive the economic benefits of our PRC subsidiaries’ business operation, if any, through equity ownership. We do not have, nor had we ever, have a variable interest entity (“VIE”) structure. Our corporate structure, i.e., a Cayman Islands holding company with operations conducted by our PRC subsidiaries, involves unique risks to investors. This structure may be disallowed in future as a result of the promulgation of new PRC laws and regulations, which would likely result in a material change in our operations and/or a material change in the value of the securities we are registering for sale, including a significant decline in the value of such securities or such securities becoming worthless. For a description of our corporate structure, see “ Corporate History and Structure ” on page 69. We rely on dividends and other distributions on equity paid by our PRC subsidiaries for our cash and financing requirements and our