Company: XXC
Filing Date: 2025-11-18
Form Type: 20-F
Source: 0001213900-25-111691
Chunk: 101

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-11-18
Form: 20-F
Item: Item 19
Chunk 101
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 Resources Utilization Co., Ltd. (“ Anhui Liangmao”)      An entity controlled by management of the Company  
  Anhui Jingwei Recycling Co., Ltd. (“ Anhui Jingwei”)                              An entity controlled by management of the Company  
  Wuhu Ruilian Ecological Agriculture Co., Ltd. (“ Wuhu Ruilian”)                   An entity owned by Jinchun Cheng’s wife            
  Wuhu Xinxu Logistics Co., Ltd. (“ Xinxu Logistics”)                               An entity controlled by management of the Company  

2) Related party transactions

During the fiscal years
ended June 30, 2025 and 2024, the Company entered business transactions with related parties and provided working capital to or received
working capital from them.

Daily transactions with related parties:

Wuhu Xinkaishun provides tinning
service to the Company. During the fiscal years ended June 30, 2025 and 2024, the transactions between the Company and Wuhu
Xinkaishun amounted to $505,601and $12,834, respectively. As of June 30, 2025 and 2024, the Company had an advance to Wuhu Xinkaishun
in the amount of $0and $82,271, respectively.

The Company purchases raw materials
from Anhui Pinqian. There were notransactions between the Company and Anhui Pinqian during the fiscal years ended June 30,
2025 and 2024. As of June 30, 2025 and 2024, the Company had nooutstanding accounts payable to Anhui Pinqian.

The Company purchases raw materials
from Anhui Liangmao. There were notransactions between the Company and Liangmao during the fiscal years ended June 30, 2025
and 2024. As of June 30, 2025 and 2024, the Company had nooutstanding accounts payable to Anhui Liangmao.

There were no transactions
between the Company and Anhui Jingwei during the fiscal years ended June 30, 2025 and 2024. As of June 30, 2025 and 2024,
the Company had outstanding accounts payable to Anhui Jingwei of $0and $26,489, respectively.

Wuhu Ruilian provides hospitality
service to the Company. During the fiscal years ended June 30, 202