Company: EJH
Filing Date: 2025-10-30
Form Type: 20-F
Source: 0001213900-25-104179
Chunk: 180

Company: E-Home Household Service Holdings Ltd
Filing Date: 2025-10-30
Form: 20-F
Item: Item 19
Chunk 180
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 OF OPERATIONS

E-Home Household Service Holdings Limited (the
“ Company”) was incorporated as a limited company under the law of Cayman Islands on September 24, 2018. The Company does not
conduct any substantive operations on its own but instead conducts its business operations through its subsidiaries. The Company and its
subsidiaries are hereinafter collectively referred to as “the Company”. The Company is principally engaged in the operation
of household services, e. g. installation and maintenance of home appliances, housekeeping and senior care in the People’s Republic
of China (the “ PRC”) through on-line APP platform or call center. As described below, the Company, through a series of transactions
which is accounted for as a reorganization of entities under common control (the “ Reorganization”), became the ultimate parent
entity of its subsidiaries. Accordingly, these consolidated financial statements reflect the historical operations of the Company as if
the current organization structure had been in existence throughout the periods presented.

Reorganization

In preparation of its initial public offering
in the United States, the following transactions were undertaken to reorganize the legal structure of the Company. The reorganization
involved (i) the incorporation of the Company in the Cayman Islands as a holding company; (ii) the establishment of E-Home Household Service
Holdings Limited (“ E-Home Hong Kong”) as a wholly-owned subsidiary in Hong Kong, PRC; (iii) the establishment of E-Home Household
Service Technology Co., Ltd. (“ WOFE”), as a wholly-owned subsidiary of E-Home Hong Kong in Fujian, PRC; (iv) the entry by
WFOE into contractual arrangements with E-Home (Pingtan) Home Service Co., Ltd. (“ E-Home Pingtan”) and Fuzhou Bangchang Technology
Co. Ltd. (“ Fuzhou Bangchang”) and their shareholders. The Company, E-Home Hong Kong and WFOE are all holding companies and
had not commenced operation until this reorganization was complete. A reorganization of the Company’s legal structure was completed
in February 2019.

As all the entities involved in the process of
the Reorganization are under common control before and after the Reorganization, the Reorganization is accounted for in a manner similar
to a pooling-of-interest with the assets and liabilities of the parties to the Reorganization carried over at their historical amounts.

Dissolution of the Company’s variable
interest entity structure

On October