Company: FOXX
Filing Date: 2025-10-15
Form Type: 10-K
Source: 0001213900-25-098953
Chunk: 1863

Company: Foxx Development Holdings Inc.
Filing Date: 2025-10-15
Form: 10-K
Item: Item 13
Chunk 1863
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 (2) 
     Owned by an immediate family member of the Company’s 10% or more shareholder  
    Consulting fees and expenses paid on behalf of the Company 
     8,566  
     - 
  
    “Joy” Yi Hua 
     Chairwoman, Chief Financial Officer and Director of the Company  
    Expenses paid on behalf of the Company 
     50  
     - 
  
    Total 

    $272,917  
    $51,168 

    (1)
    On September 1, 2022, the Company entered into an agreement with Company A for the research and development project.
  
    (2)
    On October 1, 2024, the Company entered into a consulting agreement to receive consulting services provided by a consulting company which is owned by an immediate family member of the Company’s more than 10% shareholder.

Research and development
expenses

    Name of Related Party 
    Relationship 
    For the Year Ended June 30,  2025  
    For the Year Ended 
June 30, 2024 

    Wuhan Haoxun(1) 
    Controlled by an immediate family member of the Company’s 10% or more shareholder 
    $136,752  
    $91,168 

(1)On
September 1, 2022, the Company entered into an agreement with Company A for the research and development project.

Consulting expenses

    Name of Related Party
     
    Relationship
     
    For the
Year
Ended
June 30, 
2025

    For the
Year
Ended
June 30,
2024

    Azure(1)
     
    Owned by an immediate family member of the Company’s 10% or more shareholder
     
    $
    485,200

    $
    324,000

    Swiftfulfill(2)
     
    Owned by an immediate family member of the Company’s 10% or more shareholder

    63,000

    -

    Total

    $
    548,200

    324,000

    (1)
    On September 1, 2022, the Company entered into a consulting agreement to receive consulting services provided by a consulting company which is owned by an immediate family member of the Company’s more than 10% shareholder.
  
    (2)
    
    On October 1, 2024,