Company: XXC
Filing Date: 2025-06-10
Form Type: F-1/A
Source: 0001213900-25-052817
Chunk: 139

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-06-10
Form: F-1/A
Chunk 139
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 business in an area of approximately 43,330 square meters in Wuhu City, Anhui Province, China. As of the date of this prospectus, we have five manufacturing workshops in service covering an area of approximately 21,860 square meters, housing ten productions lines with an annual production capacity of approximately 20,000 tons. We also have established long -termstrategic partnerships with most of our major suppliers for the sufficient and steady supply of our raw materials. Since our inception, we have focused on the establishment and improvement of our R&D capacities. In April 2017, we established our R&D department and technology center in Wuhu City, Anhui Province, and have conducted numerous R&D projects since then. We currently own six registered patents acquired as a result of those R&D projects. As of the date of this prospectus, those patents have been applied into our product portfolio, which have improve our product quality and production efficiency. As of the date of this prospectus, we have a R&D team consisting of 25 staff, and have a patent portfolio of six registered patents in China. In 2018, Anhui Xinxu was recognized as an “Anhui Enterprise Technical Center” due to our comparatively strong technical strength and optimized R&D conditions. We prioritize product quality management and are committed to strengthening the professional ethics and cultivating quality consciousness of our employees, forming a strict quality management system, which we believe is in line with industry standards in China. As a high technology company, we have established a sound quality control system where our products, including copper bars, are currently compliant with the ISO 9001, ISO 14001and IATF16949 standards. We generate revenues through (i) sales of our own “Xinxu” brand copper products, (ii) sales of copper raw materials, and (iii) service fees for processing customized copper products for our customers. For the fiscal years ended June30, 2024 and 2023, we recognized revenue of approximately $105.87 million and $170.85million, respectively, and generated net income of $0.84million for the fiscal year ended June30, 2024 although we had net loss of $0.27million for the fiscal year ended June30, 2023. 79 Our Strengths We believe that the following strengths contribute to our growth and differentiate us from our competitors: • Strong R&D capabilities.We are committed to investing in R&D and have built a strong