Company: XXC
Filing Date: 2025-06-10
Form Type: F-1/A
Source: 0001213900-25-052817
Chunk: 122

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-06-10
Form: F-1/A
Chunk 122
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2024, as compared to approximately $1.19 million for the fiscal year ended June 30, 2023. The increase in G&A expenses was primarily due to (i) higher compensation and employee benefits resulting from the hiring of additional employees; (ii) an increase in entertainment expenses related to business expansion activities; and (iii) higher office and miscellaneous expenses, which included equipment repair and maintenance expenses during temporary suspension of the smelting furnace production line. Selling and marketing expenses Selling and marketing expenses for the fiscal years ended June 30, 2024 and 2023 consisted of the following:

|                                    |     |   |    2024 |     |   |    2023 |
|:-----------------------------------|:----|:--|--------:|:----|:--|--------:|
| Employee compensation and benefits |     | $ | 109,585 |     | $ | 113,807 |
| Travel and transportation          |     |   |  40,189 |     |   |  28,288 |
| Shipping and packing               |     |   |  58,120 |     |   |  81,789 |
| Entertainment                      |     |   |  10,545 |     |   |   6,946 |
| Office and miscellaneous           |     |   |     256 |     |   |   1,684 |
| Total                              |     | $ | 218,695 |     | $ | 232,514 |

Selling and marketing expenses remained stable for the fiscal years ended June30, 2024 and 2023.

68

R&D expenses R&D expenses as of June30, 2024 and 2023 consisted of the following:

|                                    |     |   |      2024 |     |   |    2023 |
|:-----------------------------------|:----|:--|----------:|:----|:--|--------:|
| Employee compensation and benefits |     | $ |   588,930 |     | $ | 112,187 |
| Materials                          |     |   |   422,284 |     |   | 400,886 |
| Office and miscellaneous           |     |   |    92,592 |     |   |  17,989 |
| Total                              |     | $ | 1,103,806 |     | $ | 531,062 |

R&D expenses increased by approximately $0.