Company: XXC
Filing Date: 2025-09-08
Form Type: F-1/A
Source: 0001213900-25-085500
Chunk: 327

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-09-08
Form: F-1/A
Chunk 327
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mao. There were no transactions between the Company and Anhui Liangmao during the six months period ended December 31, 2024 and 2023. As of December 31 and June 30, 2024, the Company had no outstanding accounts payable to Anhui Liangmao. The Company purchases raw materials from Anhui Jingwei. There were no transactions between the Company and Anhui Jingwei during the six months period ended December 31, 2024 and 2023. As of December 31 and June 30, 2024, the Company had outstanding accounts payable to Anhui Jingwei of $26,373 and $26,489, respectively. Wuhu Ruilian provides hospitality service to the Company. During the six months period ended December 31, 2024 and 2023, transactions between the Company and Wuhu Ruilian amounted to $0 and $27,719, respectively. As of December 31 and June 30, 2024, the Company had advances to Wuhu Ruilian of $28,972 and $29,100, respectively. Xinxu Logistics provides logistics service to the Company. During the six months period ended December 31, 2024 and 2023, transactions between the Company and Xinxu Logistics amounted to $7,246 and $21,800, respectively. As of December 31 and June 30, 2024, the Company had advance to Xinxu Logistics of $0 and $7,155, respectively.

F-54

XINXU COPPER INDUSTRY TECHNOLOGY LIMITED
NOTES TO INTERIM CONSOLIDATED FINANCIAL STATEMENTS NOTE 22 — RELATED PARTY TRANSACTIONS (cont.) Working capital provided with related parties: Jinchun Cheng periodically provides working capital to support the Company’s operations when needed. As of December 31 and June 30, 2024, the Company had outstanding payable due to Jinchun Cheng with amount of $4,426,868 and $4,995,280, respectively. This represented unsecured, due on demand and interest free borrowings between the Company and Jinchun Cheng. Jinchun Cheng provided $2,787 working capital to the Company, and the Company returned $563,671 to him during the six months ended December 31, 2024. Jinchun Cheng provided $2,134,418 working capital to the Company, and