Company: XXC
Filing Date: 2025-08-05
Form Type: F-1/A
Source: 0001213900-25-071711
Chunk: 162

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-08-05
Form: F-1/A
Chunk 162
---
 fail to detect or cure defects as a result of a number of factors, many of which are outside our control, including: •technical or mechanical malfunctions in the fabricating and processing process; •human error or malfeasance by our quality control personnel; •tampering by third parties; and •defective raw materials or equipment. Failure to detect quality defects in our products may cause customer’s dissatisfaction, or other issues that could seriously harm our reputation and business, expose us to liability, and adversely affect our revenue and profitability. Environmental Matters Due to the nature of our products, our PRC operating subsidiaries are not in the high -riskand heavy pollution industry, the wastewater we generate is sanitary wastewater which can be disposed directly into municipal pipelines after professional processing. The waste gas we generate is melting furnace smoke and dining hall smoke, which can be released after dust removal or purification. Pursuant to the Catalog of Pollutant Discharge Permits for Stationary Sources of Pollution (2019 Edition), as a non -ferrousmetal processing company, our PRC operating entity is required to obtain a pollutant discharge permit or pollutant discharge registration for the operation of our business. Pursuant to the Regulations on the Administration of Pollutant Discharge Permits, we are required to obtain a pollutant discharge permit from the local government. Failure to obtain such permit may subject us to fines between RMB200,000 and RMB1million, and if the circumstance is serious, the relevant authorities may order the entity to suspend business or shut down. As of the date of this prospectus, we have obtained the pollutant discharge permit with the local government, expiring on January8, 2030. In addition, we are required to submit quarterly reports on the actual discharge of wastewater with the national pollutant discharge permit information management platform (“Permit Platform”) and we are currently in compliance with such quarterly report requirement. In 2018, our “Cleaner Production Project” was approved by the local environmental protection authority for the construction of copper wash work station, warehouse and other facilities, which has been put into use in 2020. The environmental protection costs of such project were approximately RMB55,000. As of the date of this prospectus, we have completed the environmental protection testing and information publication as required by relevant PRC regulations, and we are not aware of any warning, order, investigations, prosecutions, disputes, claims or other proceedings in respect of environmental violation. If new products are developed in the future and environmental