Company: XXC
Filing Date: 2025-11-28
Form Type: POS AM
Source: 0001213900-25-115625
Chunk: 197

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-11-28
Form: POS AM
Chunk 197
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 paid and non -assessable. Our ordinary shares are issued in registered form, and are issued when registered in our register of members. Unless the directors determine otherwise, each holder of our ordinary share will not receive a certificate in respect of such ordinary share. Our shareholders who are non -residentsof the Cayman Islands may freely hold and vote their ordinary share. We may not issue shares or warrants to bearer. Dividends.Subject to the Companies Act and any rights and restrictions of any other class or series of shares, our board of directors may, from time to time and in accordance with our MAA, declare dividends on the shares issued and authorize payment of the dividends out of our lawfully available funds. Under the laws of the Cayman Islands, our company may pay a dividend out of either profit or the share premium account, provided that in no circumstances may a dividend be paid if this would result in our company being unable to pay its debts as they fall due in the ordinary course of business. The “share premium account,” represents the excess of the price paid to our company on the issue of its shares over the par or “nominal” value of those shares, which is similar to the U.S. concept of additional paid in capital. Unless provided for by the rights attached to a share, no dividend or other monies payable by us in respect of a share shall bear interest. 117 Voting Rights.Holders of our ordinary shares vote as a single class on all matters submitted to a vote of our shareholders, except as may otherwise be required by law. At any general meeting a resolution put to the vote of the meeting shall be decided by way of poll. In the case of an equality of votes the chairman of the meeting shall not be entitled to a second or casting vote. In accordance with our MAA, (i) an ordinary resolution is a resolution of a general meeting passed by a simple majority of votes cast by shareholders who (being entitled to do so) vote in person or by proxy at that meeting; (ii) a special resolution is a resolution of a general meeting or a resolution of a meeting of the holders of any class of shares in a class meeting duly constituted in accordance with the MAA in each case passed by a majority of votes not less than two -thirdsof votes cast by shareholders who (being entitled to do so) vote in person or by proxy at that meeting; and (iii) ordinary resolutions and special resolutions may be passed by unanimous written resolution. Under Cayman Islands law, some