Company: EJH
Filing Date: 2025-10-30
Form Type: 20-F
Source: 0001213900-25-104179
Chunk: 74

Company: E-Home Household Service Holdings Ltd
Filing Date: 2025-10-30
Form: 20-F
Item: Item 4
Chunk 74
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 exchanges settled,
the invested enterprise shall first go through domestic re-investment registration and open a corresponding Account for Foreign Exchange
Settlement Pending Payment with the foreign exchange bureau (bank) at the place of registration. The Circular of the State Administration
of Foreign Exchange on Reforming and Regulating Policies on the Control over Foreign Exchange Settlement of Capital Accounts was promulgated
and became effective on June 9, 2016. According to this Circular, enterprises registered in the PRC may also convert their foreign debts
from foreign currency into Renminbi on a self-discretionary basis. This Circular provides an integrated standard for the conversion of
foreign exchange under capital account items (including but not limited to foreign currency capital and foreign debts) on a self-discretionary
basis, which applies to all enterprises registered in the PRC. This Circular reiterates the principle that Renminbi converted from foreign
currency-denominated capital of a company may not be directly or indirectly used for purposes beyond its business scope and may not be
used for investments in securities or other investments with the exception of bank financial products that can guarantee the principal
within the PRC, unless otherwise specifically provided. Besides, the converted Renminbi shall not be used to make loans for related enterprises
unless it is within the business scope or to build or to purchase any real estate that is not for the enterprise's own use, with the exception
of the real estate enterprise.

On January 26, 2017, the State Administration
of Foreign Exchange promulgated the Circular on Further Improving Reform of Foreign Exchange Administration and Optimizing Genuineness
and Compliance Verification, which stipulates several capital control measures with respect to the outbound remittance of profits from
domestic entities to offshore entities, including (i) banks must check whether the transaction is genuine by reviewing board resolutions
regarding profit distribution, original copies of tax filing records and audited financial statements, and (ii) domestic entities must
retain income to account for previous years’ losses before remitting any profits. Moreover, pursuant to this Circular, domestic
entities must explain in detail the sources of capital and how the capital will be used, and provide board resolutions, contracts, and
other proof as a part of the registration procedure for outbound investment.

Regulations on Foreign Exchange Registration
of Overseas Investment by PRC Residents

The State Administration of Foreign Exchange issued
the Circular on Relevant Issues Relating to Domestic Resident’s Investment and Financing and Roundtrip Investment through Special
Purpose