Company: EJH
Filing Date: 2025-10-30
Form Type: 20-F
Source: 0001213900-25-104179
Chunk: 57

Company: E-Home Household Service Holdings Ltd
Filing Date: 2025-10-30
Form: 20-F
Item: Item 4
Chunk 57
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company established in China, and Ms. Ling Chen, the sole shareholder of Zhongrun, pursuant to which Ms. Chen agreed to transfer 55% and
20% of the equity interests in Zhongrun to E-Home Hong Kong. On July 30, 2022, our board of directors approved to acquire 100% of the
equity interests of Chuangying and its subsidiaries from Lin Jianying. As of the date of this report, the above acquisitions have been
closed.

During the year ended June 30, 2025, we disposed
our 75% equity interest in Zhongrun for total consideration of RMB 1,087,500 (approximately $151,285). The transaction was completed on
November 30, 2024, upon which Zhongrun ceased to be a subsidiary of us and was deconsolidated from our consolidated financial statements.

Our overall revenue from continuing operations
for the year ended June 30, 2025 decreased to approximately $49.40 million from approximately $50.47 million (reclassified) for the year
ended June 30, 2024, representing a slight decrease of approximately $1.06 million, or 2.11%. Our net loss from continuing operations
decreased to approximately $5.91 million from $19.14 million (reclassified) for the year ended June 30, 2024, representing a decrease
in net loss of approximately $13.23 million, or 69.13%. We also recognized gain on disposal of the discontinued sales of pharmaceutical
products operation, net of tax, of $2,827,017 for the year ended June 30, 2025.

Due to the weak economy and consumer spending in China, our overall
revenue for the year ended June 30, 2024 decreased to approximately $50.47 million (reclassified) from approximately $65.95 million (reclassified)
for the year ended June 30, 2023, representing a decrease of approximately 23.48%, and our net loss decreased to approximately $19.47
million from $36.24 million for the year ended June 30, 2023, representing a decrease in net loss of approximately 46.28%.

Our Services

Currently, our services mainly include home appliance
services, housekeeping services and senior care services. Our test operations for senior care services began in February 2019 and have
so far generated a growing