Company: XXC
Filing Date: 2025-06-10
Form Type: F-1/A
Source: 0001213900-25-052817
Chunk: 26

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-06-10
Form: F-1/A
Chunk 26
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 are not required to obtain any permissions or approvals from any of the PRC authorities that is required to list on a U.S. stock exchange or conduct our operations in China. Xinxu and its subsidiaries have received from PRC authorities all requisite licenses, permissions or approvals needed to engage in the businesses currently conducted in China, and no permission or approval has been denied. Such licenses and permissions include business license. The following table provides details on the licenses and permissions held by our PRC subsidiaries.

| Company     
 Anhui Heri  
 Anhui Xinxu |     | License/Permission         
 Business License           
 Business License           |     | Issuing Authority                                     
 Wuhu City Administration for Market Regulation        
 Wuhu City Administration for Market Regulation        |     | Validity              
 Long Term             
 Until January 4, 2032 |
|:------------|:----|:---------------------------|:----|:------------------------------------------------------|:----|:----------------------|
|             |     | Pollutant Discharge Permit |     | Wuhu City Administration for Environmental Protection |     | Until January 8, 2030 |
|             |     | Food Operation Permit      |     | Wanzhi District Administration for Market Regulation  |     | Until March 20, 2028  |

Dividends, Other Distributions and Assets Transfer among Xinxu and Its Subsidiaries Xinxu is a holding company with no material operations of its own and does not generate any revenue. We currently conduct substantially all of our operations through our PRC subsidiaries, primarily Anhui Xinxu. As a result, we rely on dividends and other distributions on equity paid by our PRC subsidiaries for our cash and financing requirements and our distribution of earnings or settlement of amounts owed will be done through our PRC subsidiaries. If any of our PRC subsidiaries incurs debt on its own behalf in the future, the instruments governing such debt may restrict their ability to pay dividends to us. See “ Risk Factors — Risks Related to Doing Business in China — PRC regulation on loans to, and direct investment in, our PRC subsidiaries by offshore holding companies and governmental control in currency conversion may delay or prevent us from using the proceeds of this offering to make loans to or make additional capital contributions to our PRC subsidiaries, which could materially and adversely affect our liquidity and our ability to fund and expand our business” on page 26. We are currently in the process of adopting our formal cash management policies which will dictate the purpose