Company: XXC
Filing Date: 2025-11-28
Form Type: POS AM
Source: 0001213900-25-115625
Chunk: 275

Company: XINXU COPPER INDUSTRY TECHNOLOGY Ltd
Filing Date: 2025-11-28
Form: POS AM
Chunk 275
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2024. As of June 30, 2025 and 2024, non -currentliabilities included interest -freegovernment loans in the amount of $ 1,116,757and $ 1,100,837, respectively, which will become rewards from the government once the Company successfully gets listed on the U.S. stock market. The subsidiary of the Company, Anhui Xinxu, uses its own assets, including equipment and real property, to provide counter -guaranteeto Wuhu County Small and Medium Enterprise Financing Guarantee Limited, which will provide the full amount guarantee to Wuhu Financial Bureau for the loan repayment. In case the Company fails to successfully get listed on the U.S. stock market within the lending period, the Company must return the full amount plus interest at the lending rate of People’s Bank of China. NOTE 12 — ACCOUNTS PAYABLE Accounts payable mainly represent the amount the Company owes to its suppliers. As of June30, 2025 and 2024, outstanding accounts payable amounted to $ 7,212,938and $ 8,026,193, respectively.

NOTE 13 — OTHER PAYABLES

Other payables as of June 30, 2025 and 2024 consisted of the following:

|                  |     |   |      2025 |     |   |    2024 |
|:-----------------|:----|:--|----------:|:----|:--|--------:|
| Interest payable |     | $ |   367,480 |     | $ | 302,758 |
| Other payables   |     |   |   960,695 |     |   | 489,534 |
| Total            |     | $ | 1,328,175 |     | $ | 792,292 |

NOTE 14 — TAX PAYABLE

As of June 30, 2025 and 2024, :

|                                |     |   |     2025 |   |     |   |      2024 |   |
|:-------------------------------|:----|:--|---------:|:--|:----|:--|----------:|:--|
| Corporate tax payable          |     | $ |  870,790 |   |     | $ |   858,376 |   |
| VAT payable                    |     |   |   29,423 |   |     |   |   958,995 |