Company: EJH
Filing Date: 2025-10-30
Form Type: 20-F
Source: 0001213900-25-104179
Chunk: 8

Company: E-Home Household Service Holdings Ltd
Filing Date: 2025-10-30
Form: 20-F
Item: Item 3
Chunk 8
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RC governmental authorities required for overseas listings.

On December 24, 2021, the CSRC released the Administrative
Provisions of the State Council Regarding Overseas Securities Offering and Listing by Domestic Companies (Draft for Comments) (the “ Administrative
Provisions”), and the Measures Regarding Recordation of Overseas Securities Offering and Listing by Domestic Companies (Draft for
Comments) (the “ Measures”). The Administrative Provisions and Measures aim to establish a unified supervision system and promote
cross-border regulatory cooperation. The Measures lay out filing procedures for domestic companies to record their initial public offerings
and follow-on offerings abroad with the CSRC. Issuers are required to file follow-on offerings with the CSRC within 3 business days after
the closing of such offerings.

While
it is uncertain when the Administrative Provisions and the Measures will take effect or if they will take effect as proposed, we are advised
by our PRC counsel, Fujian Dajia Law Firm, that based on the Chinese laws and regulations currently in effect, as of the date of this
annual report, the risk that we may face penalties associated with our prior VIE structure if such structures are invalidated in the PRC
in the future is minimal. Currently, there are no existing rules or regulations in China that may impose penalties on PRC entities that
adopted a VIE structure, which was dissolved later. According to the Q& A held by CSRC officials for journalists thereafter, the CSRC
will adhere to the principle of non-retroactive application of law and first focus on issuers conducting initial public offerings and
follow-on offerings by requiring them to complete the registration procedures. Other issuers will be given a sufficient transition period.
The CSRC officials also noted that the regulation system contemplated by the draft Administrative Provisions and Measures differentiates
between IPOs and follow-on offerings to take into account overseas capital markets’ fast and efficient features and to reduce impacts
on overseas financing activities by domestic companies. If the Administrative Provisions and the Measures are enacted in their current
forms, we expect to perform necessary registration filings, through our E-Home WFOE,
with the CSRC for E-Home’s listing on the Nasdaq within the prescribed transition period.

In addition, as advised by our PRC counsel, Fujian
Dajia Law Firm, none of E-Home or any of its subsidiaries is required to obtain permissions or approval from the CSRC, the CAC, or any
other government agency in connection with E-