Chinese copper producer Xinxu Copper Industry Technology withdraws $17 million US IPO
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Xinxu Copper Industry Technology, a Chinese copper producer, has withdrawn its $17 million IPO plans initially filed in April 2024. The company, based in Wuhu, China, aimed to offer 3 million shares priced between $5 and $6. Founded in 2012, it reported $113 million in revenue for the year ending June 30, 2025, and intended to list on Nasdaq under the symbol XXC, with Craft Capital Management and R.F. Lafferty & Co. as joint bookrunners.
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