Company: EJH
Filing Date: 2025-10-30
Form Type: 20-F
Source: 0001213900-25-104179
Chunk: 73

Company: E-Home Household Service Holdings Ltd
Filing Date: 2025-10-30
Form: 20-F
Item: Item 4
Chunk 73
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 to make adequate contributions to various employee benefit
plans and may be subject to fines and other administrative sanctions.

Regulations Relating to Foreign Exchange

Regulations on Foreign Currency Exchange

Under the PRC Foreign Currency Administration
Rules promulgated on January 29, 1996 and last amended on August 5, 2008 and various regulations issued by the State Administration of
Foreign Exchange and other relevant PRC government authorities, payment of current account items in foreign currencies, such as trade
and service payments, payment of interest and dividends can be made without prior approval from the State Administration of Foreign Exchange
by following the appropriate procedural requirements. By contrast, the conversion of RMB into foreign currencies and remittance of the
converted foreign currency outside the PRC for the purpose of capital account items, such as direct equity investments, loans, and repatriation
of investment, requires prior approval from the State Administration of Foreign Exchange or its local office.

On February 13, 2015, the State Administration
of Foreign Exchange promulgated the Circular on Simplifying and Improving the Foreign Currency Management Policy on Direct Investment,
effective from June 1, 2015, which cancels the requirement for obtaining approvals of foreign exchange registration of foreign direct
investment and overseas direct investment from the State Administration of Foreign Exchange. The application for the registration of foreign
exchange for the purpose of foreign direct investment and overseas direct investment may be filed with qualified banks, which, under the
supervision of the State Administration of Foreign Exchange, may review the application and process the registration.

The Circular of the State Administration of Foreign
Exchange on Reforming the Management Approach regarding the Settlement of Foreign Capital of Foreign-invested Enterprise was promulgated
on March 30, 2015 and became effective on June 1, 2015. According to this Circular, a foreign-invested enterprise may, according to its
actual business needs, settle with a bank the portion of the foreign exchange capital in its capital account for which the relevant foreign
exchange bureau has confirmed monetary contribution rights and interests (or for which the bank has registered the account-crediting of
monetary contribution). For the time being, foreign-invested enterprises are allowed to settle 100% of their foreign exchange capitals
on a discretionary basis; a foreign-invested enterprise shall truthfully use its capital for its own operational purposes within the scope
of business; where an ordinary foreign-invested enterprise makes domestic equity investment with the amount of foreign