E Home Household Service Holdings Limited's Comment on Supply Chain
The company sources accessories through unified purchasing channels, with suppliers distributing directly to service providers. It has cooperation agreements with over 1,700 individual service providers and service stores in China for installation and maintenance services. These agreements typically have a five-year term and include provisions for termination under specific conditions. The company receives approximately 35% of service fees, while service providers receive about 65%. Additionally, the company enters into appliance installation, maintenance, and cleaning service agreements with various companies that outsource these services to it. These agreements generally have a three-year term and require security deposits. For the year ended June 30, 2025, revenue from installation and maintenance services increased by 7.87% to $32,117,882, representing 65.01% of total revenue, driven by business recovery and increased market demand following the pandemic.
E Home Household Service Holdings Limited's Comment on Supply Chain
The company sources accessories through unified purchasing channels, with suppliers distributing directly to service providers. It has cooperation agreements with over 1,700 individual service providers and service stores in China for installation and maintenance services. These agreements typically have a five-year term and include provisions for termination under specific conditions. The company receives approximately 35% of service fees, while service providers receive about 65%. Additionally, the company enters into appliance installation, maintenance, and cleaning service agreements with various companies that outsource these services to it. These agreements generally have a three-year term and require security deposits. For the year ended June 30, 2025, revenue from installation and maintenance services increased by 7.87% to $32,117,882, representing 65.01% of total revenue, driven by business recovery and increased market demand following the pandemic.
Sources:
E Home Household Service Holdings Limited's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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