Revenue Generation - The company generated approximately SGD11.0 million in revenue from the sale of cleaning systems and other equipment for the year ended December 31, 2023, representing 61.0% of total revenue[141]. - Revenue from the provision of centralized dishwashing and ancillary services was approximately SGD7.0 million for the year ended December 31, 2023, accounting for 39.0% of total revenue[142]. - Revenue from cleaning systems and other equipment totaled SGD 10,181,000 in 2023, a decrease of 2.9% from SGD 10,482,000 in 2022[149]. - Revenue from repair and servicing of cleaning systems was SGD 0.8 million in 2023, representing 4.5% of total revenue, a decline from 5.2% in 2022[151]. - Sale of STICO anti-slip shoes generated SGD 92,000 in 2023, a decrease of 42.0% from SGD 159,000 in 2022[152]. - The company achieved total sales of SGD 10,181,000 in 2023, with 100% of sales coming from existing customers[262]. - In 2023, the company completed 240 orders, a significant increase from 127 orders in 2022[262]. - The revenue from Singapore in 2023 was SGD 5,609,000, accounting for 55.1% of total sales[262]. Share and Compliance Information - The company completed its Initial Public Offering on April 22, 2022, raising approximately $12 million from the sale of 3,020,000 Ordinary Shares at a price of $4.00 per share[116]. - A share consolidation was executed at a ratio of 1-for-3 effective October 13, 2023, reducing the number of outstanding shares from 15,020,000 to 5,006,666[123]. - Following the share consolidation, the daily closing bid price of the company's Ordinary Shares remained above $1.00 for ten consecutive business days from October 16, 2023, to October 27, 2023, regaining compliance with Nasdaq listing standards[127]. - The company received a Nasdaq notification on December 14, 2023, indicating failure to maintain a minimum bid price of $1.00, with a compliance period until June 11, 2024, to regain compliance[118]. Operational Capabilities - The company has been engaged in the manufacture and sale of cleaning systems since 2006, with a focus on precision cleaning for various industrial applications[140]. - The company has provided centralized dishwashing services since 2013, primarily for food and beverage establishments in Singapore[140]. - The company operates four semi-automated dishwashing lines at its Hygieia Facility, capable of washing 20 to 30 tubs per hour[155]. - The company has been providing general cleaning services since 2015, including off-site centralized dishwashing and on-site cleaning services[158]. - The company designs and manufactures cleaning systems tailored to customer specifications, focusing on precision cleaning for industries such as HDD and semiconductors[162]. - The lead time from order confirmation to delivery of the final cleaning system generally takes approximately 8 to 18 weeks, depending on design complexity and component lead time[182]. - The centralized dishwashing process includes four semi-automated lines, with two for Halal dishware and two for non-Halal dishware[183]. - The lead time from collection of soiled dishware to completion of the dishwashing process is approximately 4 to 12 hours, depending on customer location and collection frequency[190]. - The lead time from inspection and quality checks on cleaned dishware to delivery back to customers is approximately 3 to 12 hours[193]. Customer Relationships and Sales Concentration - Top five customers accounted for approximately 80.6%, 68.1%, and 66.1% of total revenue for the years ended December 31, 2021, 2022, and 2023, respectively[205]. - The largest customer represented approximately 32.7%, 22.0%, and 24.2% of total revenue for the corresponding years[205]. - Customer Group A's sales decreased from SGD 4,833 in 2021 to SGD 4,094 in 2022, and then to SGD 1,212 in 2023, showing a significant decline[206][207][209]. - Customer Group B's sales showed a slight increase from SGD 3,188 in 2021 to SGD 3,902 in 2022, but decreased to SGD 3,495 in 2023[206][207][209]. - The company has maintained stable relationships with major customers, with three customers having over 11 years of business relationships[220]. Innovation and R&D - The company has developed an initial prototype of a robot floor scrubber and is collaborating on an autonomous train interior cleaning robot, indicating a focus on innovation and automation[222][229]. - The R&D and engineering team consists of 11 members, with six holding engineering degrees, highlighting the company's commitment to strong technical capabilities[221]. - The company aims to expand its product portfolio and R&D capabilities to align with Industry 4.0 initiatives and meet increasing customer demands[227][228]. - The autonomous robot floor scrubbers are expected to be marketed to existing customers in the food and beverage industry, leveraging the push for Industry 4.0 initiatives in Singapore[230]. - The autonomous robotic cleaning equipment industry in Singapore is projected to grow at a CAGR of 30.5% from 2021 to 2025, driven by increased demand for unmanned cleaning solutions due to the COVID-19 pandemic[231]. - The company has registered 24 patents across multiple countries, including Singapore, Malaysia, the United States, Taiwan, and the PRC[264]. Facility Utilization and Capacity - The utilization rates of the Hygieia Facility's washing lines showed a steady increase, with the average utilization rate for the Halal semi-automated washing line reaching 80.5% in 2023[238]. - The processing capacity of the Hygieia Facility for Halal semi-automated washing line A was 148,010 tubs annually, with an actual processing volume of 119,148 tubs in 2023[238]. - The average utilization rate of the non-Halal washing lines at the Hygieia Facility reached 87.4% in 2023, indicating increased demand for centralized dishwashing services[238]. - The JCS Facility has sufficient capacity to process orders for cleaning systems for at least the next 12 months, with engineering work accounting for over 60% of the total production lead time[234]. - The total estimated usable floor area utilized by machinery at the JCS Facility is approximately 1,219.4 square meters, representing about 83.0% of the available space[236]. - The JCS Facility's production capacity is customized based on customer requirements, making it difficult to quantify exact production rates[233]. Market Conditions and Trends - The precision cleaning equipment market in Singapore is consolidated, with over 80% of the market share held by the top five companies[252]. - The dishwashing services market in Singapore has a low penetration rate, with approximately 80% of the potential market untapped[253]. - The Singapore government is supporting the growth of the autonomous robotic cleaning industry through grants and incentives for technology adoption[231]. - The company has participated in overseas exhibitions and trade shows to enhance its market presence and promote its products[255]. Employment and Regulatory Compliance - As of December 31, 2023, the company employed 103 persons, an increase from 102 in 2022[265]. - The progressive wage model in Singapore mandates a wage plan for resident cleaners, specifying basic wages and aligning with the Commissioner for Labor's recommendations[274]. - Yearly wage adjustments were recommended from 2017 to 2019, with scheduled increases from 2020 to 2022, and an annual bonus equivalent to two weeks of basic wages starting in 2020[275]. - A six-year schedule of sustained wage increases is set to begin on July 1, 2023, and will be reviewed in 2025[276]. - Cleaners must complete at least one module under the EC WSQ framework to improve employability and career progression[277]. - The number of WSQ training modules for all cleaners will increase to two by December 31, 2023, and to three beyond 2025[279]. - The Environmental Protection and Management Act imposes fines up to SGD10,000 for non-compliance with noise regulations in workplaces[280]. - The Radiation Protection Act regulates the possession and use of radioactive materials, with fines up to SGD100,000 for violations[281]. - The Workplace Safety and Health Act requires employers to ensure a safe work environment, with fines up to SGD500,000 for breaches[286]. - The Work Injury Compensation Act provides compensation for employees injured in work-related accidents, covering medical expenses and lump sum payments[292]. - Employers must conduct risk assessments and maintain records for at least three years, with fines for non-compliance up to SGD20,000[290]. - Employers must maintain work injury compensation insurance for all employees engaged in manual work regardless of salary level, and for non-manual workers earning SGD2,100 or less per month[296]. - Employers who fail to provide adequate insurance face fines up to SGD10,000 or imprisonment for up to 12 months, or both[296]. - The Employment Act covers employees under a contract of service, excluding freelance contractors and certain managerial positions[297]. - Workmen earning basic monthly salaries of not more than SGD4,500 are covered under Part IV of the Employment Act, which includes provisions for working hours and overtime[300]. - Employers breaching Part IV of the Employment Act may incur fines up to SGD5,000 for the first offense, and up to SGD10,000 for subsequent offenses[301]. - Foreign employees must obtain a valid work pass, with penalties for non-compliance ranging from SGD5,000 to SGD30,000 or imprisonment[305]. - Medical insurance for foreign workers must cover at least SGD15,000 per 12-month period for inpatient care[307]. - The quota for foreign workers in the services sector is set at 35%, with local employees counted based on their salary levels[313]. - Employers pay tiered levies for foreign workers, with rates varying based on the percentage of foreign workers in the total workforce[312]. - The maximum employment period for foreign workers on a work permit varies by nationality, with PRC basic skilled workers limited to 14 years[311].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K Form 20-F ☒ Form 40-F ☐ TABLE OF CONTENTS | Page | | --- | Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934 For the month of October 2023 Commission File Number: 001-41335 JE CLEANTECH HOLDINGS LIMITED (Exact name of Registrant as specified in its charter) 3 Woodlands Sector 1 Singapore 738361 (Address of principal executive offices) Indicate by check mark whether the ...

Revenue Generation - For the financial years ended December 31, 2020, 2021, and 2022, the Group generated approximately S$16.9 million, S$9.0 million, and S$11.4 million from the sale of cleaning systems, representing 79.2%, 60.8%, and 61.4% of total revenue respectively[115]. - Revenue from centralized dishwashing and ancillary services for the same years was approximately S$5.8 million, S$7.8 million, and S$11.4 million, accounting for 20.8%, 39.2%, and 38.6% of total revenue respectively[116]. - The Group's revenue from repair and servicing of cleaning systems was approximately S$1.2 million, S$1.2 million, and S$1.0 million for the years ended December 31, 2020, 2021, and 2022, representing 5.4%, 7.9%, and 5.2% of total revenue respectively[125]. - The top five customers accounted for approximately 88.4%, 80.6%, and 68.1% of total revenue for the financial years ended December 31, 2020, 2021, and 2022, respectively[175]. - The largest customer contributed approximately 61.5%, 32.7%, and 22.0% of total revenue for the same periods[175]. - The Group's total sales for the financial year ended December 31, 2022, amounted to SGD 10,481,000, with 100% of sales to customers in Singapore being from repeat customers[256][257]. - In the financial year ended December 31, 2021, total sales were SGD 7,813,000, with 100% of sales to Singapore customers also from repeat customers[255][257]. - For the financial year ended December 31, 2020, total sales reached SGD 15,783,000, with approximately 61.8% from repeat customers and 38.2% from referrals[254][257]. Product and Service Offerings - The Group's cleaning systems revenue by product type in 2022 included S$5.171 million from aqueous washing systems (49.3%) and S$5.311 million from other equipment (50.7%) with no revenue from plating and cleaning systems[123]. - The Group's centralized dishwashing facility has four semi-automated washing lines, capable of processing 20 to 30 tubs per hour, designed for both Halal and non-Halal dishware[129]. - The company provides centralized dishwashing services at its Hygieia Facility, which has four semi-automated dishwashing lines, including two for Halal dishware and two for non-Halal dishware[155]. - The dishwashing equipment leased to customers can wash up to 150 racks of items per hour, depending on the size of the equipment, and the leases are typically for one to two years[135]. - The cleaning systems are designed and customized based on customer specifications, with precision cleaning systems aimed at meeting specific contamination limits[136]. Operational Capabilities - The Group's subsidiaries include JCS-Echigo Pte. Ltd., Hygieia Warewashing Pte. Ltd., and Evoluxe Pte. Ltd., which support its operational capabilities[103]. - The Group has a well-equipped JCS Facility for the fabrication, production, assembly, and in-house testing of cleaning systems and equipment[145]. - The average utilization rate of major machinery and equipment at the JCS Facility exceeded 100% during the financial years ended December 31, 2020, 2021, and 2022, limiting the ability to take on new orders[253]. - The average utilization rate of the CNC lathe machine was 137.2% in 2022, up from 103.5% in 2021[208]. - The average utilization rate of the laser cutting machine was 134.7% in 2022, compared to 112.5% in 2021[208]. Customer Relationships - The company typically enters into contracts for centralized dishwashing and general cleaning services for a term of one to two years, with a long-term relationship of at least three to four years with most customer groups[133]. - The company has maintained stable relationships with major customers, including renowned HDD manufacturers and food and beverage operators, with some relationships exceeding 10 years[190]. - The Group's customer base includes corporate groups from various countries, including Malaysia, Australia, the U.S., Thailand, Belgium, Philippines, India, South Korea, Taiwan, Japan, and the PRC[253]. Market Trends and Projections - The autonomous robotic cleaning equipment industry is projected to grow at a CAGR of 30.5% from 2021 to 2025, driven by increased demand for unmanned cleaning solutions[202]. - The manufacturing of precision cleaning equipment in Singapore is expected to grow at a CAGR of approximately 10.7% from 2021 to 2025, largely due to the expansion in the electronics sector[204]. - Approximately 80% of the potential food and beverage market for dishwashing services remains untapped in Singapore[248]. Compliance and Regulations - The Environmental Protection and Management Act imposes fines up to S$5,000 for first-time noise regulation violations, increasing to S$10,000 for subsequent offenses[275]. - The Radiation Protection Act allows fines up to S$100,000 or imprisonment for up to five years for unauthorized possession of radioactive materials[276]. - The Workplace Safety and Health Act mandates employers to ensure a safe work environment, with fines up to S$500,000 for corporate violations[281]. - Under the Work Injury Compensation Act, employers must compensate employees for work-related injuries, covering medical expenses and lump sum payments for permanent incapacity[288]. - Employers are required to maintain work injury compensation insurance for all employees, with penalties for non-compliance reaching S$10,000 or imprisonment for up to 12 months[291]. Research and Development - The company plans to expand its R&D and engineering team by hiring at least three engineers to enhance its product portfolio and competitive edge[203]. - The company has developed an initial prototype of a robot floor scrubber and is collaborating on an autonomous train interior cleaning robot, showcasing its R&D capabilities[192]. - The company intends to strengthen its production capabilities by purchasing upgraded machinery and equipment for its JCS Facility[204]. Supply Chain and Production - The company did not experience material supply chain disruptions during the Circuit Breaker Period, maintaining operational stability[224]. - The company can reduce engineering process time for subsequent units by approximately 90% compared to the first machine built, enhancing production efficiency[211]. - The company plans to consider adding shifts or increasing weekend hours to meet production demands if current usage does not suffice[212]. Employment and Workforce - The Group employed a total of 102 persons as of December 31, 2022, an increase from 90 in 2021 and 88 in 2020[260]. - The Group's sales and marketing efforts were minimal in 2022 due to a focus on fulfilling orders from repeat customers[253]. - As of April 24, 2023, the sales and marketing team consisted of one full-time employee based in Singapore[249].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 For August 31, 2022 Commission File Number: 333-263457 JE CLEANTECH HOLDINGS LIMITED (Exact name of Registrant as specified in its charter) Cayman Islands (Jurisdiction of incorporation or organization) 3 Woodlands Sector 1 Singapore 738361 (Address of principal executive offices) Bee Yin Hong, CEO Tel: +65 6368 4198 Email: Elise.h ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Exact name of Registrant as specified in its charter) Cayman Islands (Jurisdiction of incorporation or o ...