Company: EJH
Filing Date: 2025-10-30
Form Type: 20-F
Source: 0001213900-25-104179
Chunk: 66

Company: E-Home Household Service Holdings Ltd
Filing Date: 2025-10-30
Form: 20-F
Item: Item 4
Chunk 66
---
 June 2020 and came into effect in July 2020. The Negative List sets out the restrictive measures in a unified manner, such as the requirements
on shareholding percentages and management, for the access of foreign investments, and the industries that are prohibited from receiving
foreign investment. The Negative List covers 12 industries, and any field not falling under the Negative List shall be administered under
the principle of equal treatment to domestic and foreign investment.

Foreign Investment Law of the PRC, or the Foreign
Investment Law, was promulgated by the NPC in March 2019 and came into effect in January 2020. When the Foreign Investment Law came into
effect, the Law on Wholly Foreign-owned Enterprises of the PRC, the Law on Sino-foreign Equity Joint Ventures of the PRC, and the Law
on Sino-foreign Cooperative Joint Ventures of the PRC were repealed simultaneously. The investment activities of foreign natural persons,
enterprises, or other organizations (collectively, the “foreign investors”) directly or indirectly within the territory of
China shall comply with and be governed by the Foreign Investment Law. Such activities include: 1) establishing by foreign investors of
foreign-invested enterprises in China alone or jointly with other investors; 2) acquiring by foreign investors of shares, equity, property
shares, or other similar interests of Chinese domestic enterprises; 3) investing by foreign investors in new projects in China alone or
jointly with other investors; and 4) other forms of investment prescribed by laws, administrative regulations or the State Council.

In December 2019, the State Council promulgated
the Regulations on Implementing the Foreign Investment Law of the PRC, which came into effect in January 2020. When the Regulations on
Implementing the Foreign Investment Law of the PRC came into effect, the Regulation on Implementing the Sino-Foreign Equity Joint Venture
Enterprise Law of the PRC, Provisional Regulations on the Duration of Sino-Foreign Equity Joint Venture Enterprise, the Regulations on
Implementing the Wholly Foreign-Invested Enterprise Law of the PRC and the Regulations on Implementing the Sino-Foreign Cooperative Joint
Venture Enterprise Law of the PRC were repealed simultaneously. In accordance with the Regulations on Implementing the Foreign Investment
Law of the PRC, according to the needs for national economic and social development, the State shall formulate a catalogue of industries
for which foreign investment is encouraged to list the specific