Company: XXC
Filing Date: 2025-09-18
Form Type: F-1/A
Source: 0001213900-25-089077
Chunk: 88

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-09-18
Form: F-1/A
Chunk 88
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 we plan to use a portion of proceeds from this offering for, potential acquisitions of, or investments in, businesses engaged in the copper industry, including but not limited to, copper bar deep processing companies. See “ Use of Proceeds.” Mergers, investments or acquisitions that we may enter into in the future entail a number of risks that could materially and adversely affect our business, operating and financial results, including, among others: •problems integrating the acquired operations, technologies or products into our existing business and products; •diversion of management’s time and attention from our core business; •conflicts with joint venture partners; •adverse effect on our existing business relationships with customers; •need for financial resources above our planned investment levels; •failures in realizing anticipated synergies; •difficulties in retaining business relationships with suppliers and customers of the acquired company; •risks associated with entering markets in which we lack experience; •potential loss of key employees of the acquired company; and •potential write -offsof acquired assets. 47 Our failure to address these risks successfully may have a material adverse effect on our business, financial condition and results of operations. Any such acquisition or investment will likely require a significant amount of capital investment, which would decrease the amount of cash available for working capital or capital expenditures. In addition, if we use our equity securities to pay for acquisitions, the value of your ordinary shares may be diluted. If we borrow funds to finance acquisitions, such debt instruments may contain restrictive covenants that can, among other things, restrict us from distributing dividends. We have no business liability or disruption insurance, which could expose us to significant costs and business disruption. The insurance industry in China is still at an early stage of development, and insurance companies in China currently offer limited business -relatedinsurance products. We do not have any business liability or disruption insurance to cover our operations. We have determined that the costs of insuring for these risks and the difficulties associated with acquiring such insurance on commercially reasonable terms make it impractical for us to have such insurance. Any uninsured risks may result in substantial costs and the diversion of resources, which could adversely affect our business, results of operations and financial condition. We may incur liabilities that are not covered by insurance. While we seek to maintain appropriate levels of insurance, not all claims are insurable and we may experience major incidents of a nature that are not covered by insurance. We provide social security insurance including pension, medical insurance, unemployment insurance, maternity insurance, on -the-jobinjury insurance