NASDAQ: LHAI

More importantly, we believe
that we have just scratched the surface in the potential development of artificial intelligence as used in real estate and we believe
artificial intelligence will transform the real estate market. Over the coming years, we plan on vigorously developing the artificial
intelligence real estate model HomeGPT, increasing our market share, launching our platform in dozens of cities, and expanding our products
and services in order to leverage artificial intelligence so that it becomes a one-stop shop for buyers and sellers of residential real
estate. Our goal is to build the largest, most trusted platform for residential real estate and empower millions of Americans with the
freedom to more easily purchase homes.

We have developed our artificial
intelligence and integrated it with fintech to expand beyond the traditional real estate search and transaction process through our Cash
Offer product. Cash Offer integrates fintech to help users buy and sell properties more efficiently, by analyzing market trends, property
valuations and buyer preferences, our AI tools can help users find matching properties more quickly and provide purchase recommendations.
We think our Cash Offer product can help users make an offer of their ideal properties more efficiently, significantly enhancing the success
rate of home purchases. Cash Offer is a tool that was developed to help address our customers’ needs. In the Southern California
market that we serve, there is often intense competition, buyers are in the painful process of competing for homes, and we have developed
Cash Offer to offer a solution by providing full cash payments, helping to make offers more attractive and stand out among numerous competitors.
Linkhome accomplishes this by purchasing the target property for cash, assuming ownership of the property, and then selling the property
to the customer after the customer has secured the necessary financing from their lender.

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Initial Public Offering

On July 23, 2025, the Securities
and Exchange Commission (the “SEC”) declared effective our Registration Statement on Form S-1 (File No. 333-280379) relating
to our initial public offering (the “IPO”). On July 23, 2025, we priced the IPO of 1,500,000 shares of our common stock at
a public offering price of $4.00 per share. We granted the underwriter a 45-day option to purchase up to an additional 225,000 shares
of our common stock at the public offering price, less underwriting discounts, solely to cover over-allotments, if any. On July 24, 2025,
the underwriter fully exercised the over-allotment option, which closed simultaneously with the closing of the IPO. Our common stock commenced
trading on the Nasdaq Capital Market on July 24, 2025 under the symbol “LHAI,” and the IPO closed on July 25, 2025. The total
gross proceeds from the IPO, including the full exercise of the over-allotment option, were approximately $6.9 million, before deducting
underwriting discounts and other offering expenses payable by us.

Artificial Intelligence Technological Revolution
& Opportunities

Residential real estate is
a massive offline market characterized by low efficiency, high labor consumption, and time-intensive processes. We believe the real estate
sector is set to transition online and begin leveraging artificial intelligence. Consumers are shifting their spending online and demanding
experiences powered by AI to enhance efficiency, certainty and speed. We believe consumers are increasingly becoming accustomed to the
high efficiency of AI-generated services and now also expect to receive similar experiences in the realm of real estate.

AI has become a key force driving
the development of modern technology. AI demonstrates immense potential in solving complex problems and is leading a new industrial revolution.
Based on work by the McKinsey Global Institute, as reported in Our Insights — Real estate can use generative AI to
turn the industry’s data into treasure in seven steps, we believe that generative AI could generate $110 billion to $180 billion
or more in value for the real estate industry, making AI technology one of the most exciting innovations of our era. It is not only changing
our way of life but also reshaping how various industries operate.

The Problem

We must also recognize that
real estate is not accessible to everyone. Housing issues, especially in urban areas, have become a global challenge.

Structural Inefficiencies

In the modern information era,
we believe that potential homebuyers in the United States are overwhelmed with an abundance of property data, including listings, market
trends, and historical sales information. However, this data is often scattered across different platforms and formats, making it difficult
to navigate and analyze effectively. Additionally, we are of the opinion that there is a lack of uniformity in real estate brokerage services,
meaning the quality and type of service can vary greatly from one broker to another. This inconsistency complicates the process for buyers
who can benefit from comprehensive, personalized advice and data-driven insights to make informed decisions. Accordingly, we believe that
the industry urgently requires sophisticated data analysis capabilities and personalized customer services that can filter and present
information in a clear, actionable manner tailored to individual buyer needs.

Home Buying & Selling Difficulties

The conventional process of
purchasing a home involves numerous challenges that can make the experience frustrating and often unsuccessful. Key among these is the
competitive nature of bidding, where multiple buyers may vie for the same property, driving up prices and creating a high-pressure situation.
Additionally, the home-buying process is often hampered by lengthy loan processing times. Delays in securing financing can result in buyers
missing out on purchasing their desired properties, as sellers may opt for buyers with quicker, more reliable financing options. This
uncertainty and time sensitivity can add significant stress and disappointment to the home-buying experience.

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Poor Experiences

The journey to home ownership
involves multiple stages, including dealing with brokers, securing loans, property appraisals, purchasing home insurance, undertaking
renovations, and organizing the move. Currently, each of these stages is typically handled by different service providers who operate
in isolation from each other. This fragmentation means there is no centralized process or communication, leading to inefficiencies, misunderstandings,
and a disjointed overall experience. We believe that the lack of a comprehensive, integrated solution makes it difficult for buyers to
navigate the process smoothly and can lead to increased costs, delays, and a lower-quality home-buying experience. Buyers are often left
to manage and coordinate these separate components on their own, which can be overwhelming, especially for first-time buyers or those
with limited time and resources.

Our Solution

Linkhome developed the real
estate AI technology platform HomeGPT. For home buyers, Linkhome has built an on-demand, seamless, and artificial intelligence-driven
home-buying experience. Unlike the traditional process mediated by real estate agents, Linkhome buyers can chat with our AI chatbot, HomeGPT,
at their convenience using our app or website to answer home-buying questions, search for homes, learn about the home-buying process,
book visits or virtual tours, calculate mortgage requirements and so on. We have also introduced AI-driven real estate solutions for our
agents, such as home price prediction, bidding recommendations, investment advice, and on-demand assistance in generating contracts and
processing documents for future real estate needs.

For buyers, our AI chatbot
offers an interactive experience directly through our app or website. HomeGPT can interpret and respond to complex real estate inquiries,
generating professional and precise answers that help our users gain deeper insights into the real estate buying process. The virtual
assistance feature of HomeGPT assists buyers by scheduling visits, providing virtual tours, and calculating mortgage payments. Our AI
tools can also be used to predict a competitive bid by using AI to generate accurate property valuations by quickly analyzing vast datasets,
to include historical pricing, market trends and property characteristics.

For sellers, our agents can
use HomeGPT to leverage our sophisticated AI algorithms to offer precise pricing advice, aiding home buyers in informed decision-making
for pricing, marketing, and negotiations. Additionally, our generative AI technology enhances seller experiences by automatically crafting
detailed property descriptions and introduction videos with minimal user input. For vacant properties, HomeGPT can simulate furnished
interiors, which can significantly elevate the property’s appeal. By making targeted promotion and presentation, HomeGPT can help
to ensure that listings reach the right buyers, leading to most of Linkhome’s sellers successfully closing deals within 45 days,
thereby selling their homes more effectively and at reduced costs. HomeGPT can assist agents with the drafting and generation of contracts,
reducing the time and effort required for administrative tasks increasing agent efficiency.

The goal of these technologies
is to support our clients and enhance our productivity. We believe this will lead to being able to continuously provide better customer
service at a lower cost. We are committed to constantly optimizing the performance and functionality of our technology to ensure that
it not only meets current market demands, but also anticipates and adapts to future trends.

Fintech: Financial Innovation
Cash Offer — Quick Home Purchase: We believe, as we grow, Linkhome’s fintech product,
Cash Offer, will significantly enhance the competitiveness of our clients’ offers, allowing them to secure their desired properties
without merely relying on price competition. Compared to loan-based offers, most sellers prefer all-cash offers, as this enables sales
to close more quickly. By offering Cash Offer, we believe our clients will be able to stand out among many offers, thus giving buyers
who use our product more negotiation power and a stronger likelihood of purchasing their desired home at the right price.

Flash sell — A
modern way to sell: By selling to Linkhome, homeowners can avoid the stress of open houses, home repairs,
overlapping mortgages, and the uncertainty that can come with listing a home on the open market. Using our mobile app and website, sellers
can receive a competitive cash offer online. Post offer, we conduct a preliminary interior home inspection and a contact-free exterior
assessment to verify the home data provided to the Company. If necessary, we will follow up with a licensed inspector for a more detailed
home inspection. Sellers can then select their preferred closing date and sell to Linkhome, closing quickly.

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Buy Before
Sell: For customers who are both selling and purchasing a home, we offer a “Buy Before Sell” service that
enables them to purchase a new home before selling their existing property. Through collaboration with third-party financial
institutions, Linkhome provides or facilitates access to financing that enables clients to acquire the new home and subsequently
market and sell their prior property. This approach allows clients to avoid waiting for the sale of their existing home before
purchasing a new one. The Buy Before Sell model is designed to provide homeowners with greater flexibility during the transition
between homes, reduce the need for temporary housing and multiple moves, and allow clients to present stronger purchase offers when
competing for desired properties.

Currently, our front-end platforms,
such as the website and app, are intended only to receive customer information. Our back-end software then generates a plan for the user,
after which we establish a relationship with the user by having one of our agents communicate the plan to the user. We are working to
develop a front-end data platform that will provide such information to customers in real-time.

One-stop seamless experience

We understand the complexity
of real estate transactions; therefore, Linkhome aims to provide a one-stop solution, offering tailored financing through our Cash Offer
service, bespoke renovation services, comprehensive property management, and extensive insurance options. Designed to simplify and expedite
the home-buying journey, our integrated approach ensures clients navigate property transactions with ease, from initial purchase to ongoing
management. By merging clarity, efficiency, and personalized support, Linkhome aims to transform real estate transactions into transparent,
stress-free experiences, allowing clients to focus on the joy of finding their dream home.

Advantages and Competitive Edge

Our business model is
designed to improve and streamline certain aspects of traditional real estate transactions. Linkhome’s main goal is to rapidly
expand property sales by focusing on providing AI technology for house hunting and helping customers with investment analysis. Since
our founding in 2021, we have been developing and leveraging the following key advantages of our platform, which we believe provide
significant competitive advantages.

A purpose-built artificial intelligence housing
search platform.

Our platform combines a comprehensive
AI-powered home-finding experience with financial innovation, allowing us to control all key operational and transactional elements and
promote a fast, simple, and consistent user experience.

A differentiated home buying experience.

We have developed a cash offer
home purchase model to use cash to help customers compete for target properties faster and more cost-effectively. This gives people the
confidence and trust they need to buy properties on our platform.

For buyers, our Cash Offer
program is intended to improve the competitiveness of purchase offers by reducing financing-related contingencies. We typically charge
a platform usage fee ranging from approximately 1% to 2% of the transaction value. In certain market conditions, this approach may help
buyers compete more effectively and potentially reduce the need for higher bid prices.

For sellers, traditional home
selling services require expenses such as repairs, renovations, listing fees, and 4 – 5% agent fees. These expenses can
be substantial for sellers, and the waiting period to sell the home is uncertain. Using the Flash Sell, the home can be sold immediately,
reducing the costs of repairs, renovations, and 4 – 5% listing agent fees, which can amount to 8 – 12%
of the home’s price. We only charge a 5% service fee, saving sellers both time and money.

Currently, our funding for
Cash Offer comes primarily from investments made by our CEO and shareholders. Following our initial public offering, we used, and may
continue to use, a portion of the net proceeds from that offering to support the expansion of our Cash Offer program. We believe that
these initiatives may contribute to revenue growth and improved profitability over time.

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Proprietary financing technology.

We plan to offer
differentiated financing solutions to enable clients to select their preferred financing method from hundreds of pre-approved down
payment and monthly payment combinations and enable us to generate property finance receivables, often sold at a premium to
third-party financing partners.

An efficient and engaging home selling experience.

Our proprietary APP software
and artificial intelligence quick quotation system allow us to quote prices for users selling their homes predictably and efficiently.
Customers do not need to wait several days and can quickly sell their properties to Linkhome. We believe we provide our customers with
a unique home-selling experience. We believe this sets us apart from our competitors.

Large-scale real estate transaction infrastructure.

We believe we are a leading
property technology company that provides a comprehensive suite of end-to-end property solutions and services through a single, integrated
platform. Our platform functions as a one-stop-shop solution to serve all of our customers’ property-related needs. We believe this
provides us with a strong competitive edge as compared to our peers, who may only provide services related to one segment of the property
transaction.

Highly scalable business model.

Currently, our operations are
primarily focused in California. Over time, we intend to expand the scope of our business into additional geographic markets. We believe
we have a highly scalable business model and can adapt our service offerings to cater to prevailing market and technology trends to maintain
our competitive edge. Our business is predominantly generated through our online website and mobile application platforms, which allows
us to expand rapidly into new markets in a quick and cost-efficient manner.

Our Growth Strategy

Our growth strategy is to innovate and execute
on the following key strategic focuses:

●
Increase penetration in existing markets. We are presently focused on increasing our penetration and market share in existing market. As our recognition grows, we’ll attract more home buyers and sellers to transact through Linkhome.

●
Expand into new markets. Although our operations are currently concentrated in California, we believe there is a significant opportunity to expand our platform and services into major markets across the United States over time.

●
Increase our service offerings and become an “all-in-one” property platform. At present, we offer brokerage services, Cash Offer, and other services like property rental management, and home renovation services. In line with our focus on providing a seamless experience, however, we are in the process of creating a digital one-stop moving experience. We plan to add additional services over time to further simplify transactions and support our customers. These services include title insurance, escrow and mortgage services, home insurance, property management, and home maintenance services.

●
Continue to develop our artificial intelligence real estate platform to enhance user experience. We intend to continue developing our artificial intelligence–powered real estate platform to enhance the user experience. We plan to further advance our artificial intelligence technologies, improve the capabilities of our AI agents, and continue to enhance our platform and the solutions we provide to customers. To support these initiatives, we expect to increase our investment in research and development to strengthen our technological capabilities and expand our service offerings.

Marketing

Our marketing strategy employs
a multi-channel approach aimed at efficient and low-cost growth while expanding our market footprint. We leverage AI algorithms to deploy
ads targeting customer interests, significantly enhancing the precision of our customer targeting. This optimization of our marketing
strategy includes advanced audience segmentation methodologies, improved targeting, and attribution. Additionally, we’ve incorporated
broad-reach channels to responsibly scale our brand awareness.

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Our marketing focus extends to several areas:

● Social Media & Video Marketing: We
engage in comprehensive digital marketing, utilizing platforms such as YouTube, Instagram, Facebook, and X (formerly known as Twitter)
for both video and social media marketing. This approach allows us to engage audiences with visually compelling content and leverage
the vast user bases of these platforms for broad visibility and engagement.

● Paid-search Advertising: We
partner with high-traffic search engines for paid-search advertising. We continuously adjust our bids on keywords and phrases and tweak
our campaigns based on performance metrics.

● Targeted-email Campaigns: Our
email marketing efforts are enhanced by machine learning, enabling us to send targeted emails that recommend relevant new listings to
homebuyers and sellers at critical moments in their journey with us.

● Online and Offline Seminars: We organize online seminars to educate and engage with our audience, offering valuable insights and building trust. At our offices, we
periodically conduct limited in-person seminars to provide customers with information and insights regarding the complex and competitive
real estate market.

Competitor Analysis

As a company dedicated to artificial
intelligence real estate technology, we operate in the highly competitive and fragmented U.S. housing market, with over five million
residential real estate transactions annually. Our main competitors include traditional offline real estate brokers and agents; these
include franchise operations associated with national or local brands as well as small independent brokerages. We also face increasing
competition from a growing number of internet-based brokerages and companies operating with new business models.

Our industry has rapidly evolved
in recent years due to technological advances, changes in consumer preferences, and the introduction of new products. We anticipate
that competition will intensify further with the emergence of new brokerage firms with AI-driven business models, as well as traditional
brokerages adopting or developing new technologies or business strategies to enhance their offerings.

We believe we primarily compete
based on:

● Efficient AI online agent and chat capabilities;

● Financial innovation services, such as Cash Offer, that help
clients quickly secure offers;

● Traffic to our website and mobile application;

● Our ability to recruit and retain agents who can provide the
best customer service;

● The cost of our services and the price to consumers;

● Consumer awareness of our services and the effectiveness of
our marketing efforts; and

● Innovation in artificial intelligence technology.

We believe that our customer-centric
values and artificial intelligence technology, along with the application of financial innovations, set us apart from our competitors
and give us a competitive edge in all of the above areas. Our provision of AI-driven home searches, data-driven decision-making support,
and financial innovation in assisting users to purchase homes with cash offers further strengthen our position in the competitive landscape.

Government Regulation

We are subject to a wide variety
of laws, rules, and regulations enforced by both governments and private organizations. Many of these rules and regulations are constantly
evolving. If we are unable to comply with them, we could be subject to civil and criminal liabilities, revocation, or suspension of our
licenses or other adverse actions. We may also be required to modify or discontinue some or all of our offerings, and our ability to grow
our business and our reputation may be harmed.

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