Company: XXC
Filing Date: 2025-11-18
Form Type: 20-F
Source: 0001213900-25-111691
Chunk: 10

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-11-18
Form: 20-F
Item: Item 5
Chunk 10
---
 surface treatment, resulting in a highly flexible product. This flexibility
allows the copper soft connection bar to be shaped in various bending, twisting, and folding forms to fit the required space within the
battery pack of new energy vehicles. The battery pack of a new energy vehicle is composed of multiple battery modules, which require connecting
copper bars for inter-module connections. This product is extensively used in the connections between cells and modules within the battery
pack of new energy vehicles. It enhances conductivity, compensates for installation errors in the electrical structure of the battery
pack, and serves as a shock absorption mechanism.

Picture 3: Selection of Soft
Connection Copper Bars

For the fiscal years ended
June 30, 2025, 2024 and 2023, our revenues generated from the sales of our “ Xinxu” branded T2 red copper bar products, including
our hard connection copper bars and soft connection copper bars, were approximately $16.84 million, $4.17 million and $10.16 million,
respectively, accounting for approximately 14.84%, 3.94% and 5.95%, respectively, of our total revenues.

T2 Tin-plated Copper Bars

Copper bars usually have high
current power concentrated in the bar for electricity distribution. Due to the large amount of electricity running through these bars,
they become very hot. At high temperatures, bare copper bar begins to oxidize and oxidized copper usually has poor electrical conductivity.
As a result, copper bars are usually plated with tin flashing, which are more resistant to oxidation than bare copper and are capable
of reaching higher temperatures without degrading and losing their conductivity. One of the advantages of tin flashing is that it is more
cost effective than silver flashing and more corrosion resistant in certain industrial environments that contain Hydrogen Sulfide. As
a result, tin-plated copper bars protect against atmospheric corrosion, and hence provide longer life under corrosive atmosphere.

We do not process tin flashing
and all tin flashing is processed by third party processors who receive T2 copper bars from us, tin-flash the copper bars, and then ship
back to us for inspection, packaging and delivery to our customers.

Picture 4: Selection of T2 Tin-plated
Copper Bars

T2 tin-plated copper bars are
often used in circuit breakers, panel boards, and electrical switchgear. For the fiscal years ended June 30, 2025, 2024 and 2023, our
re