E-Home Household Services Holdings Limited Announces New Headquarter in Central Fuzhou City

Rhea-AI Summary

E-Home Household Service Holdings Limited (Nasdaq: EJH) has successfully acquired a new headquarters building in Fuzhou, China, marking a significant milestone in its growth. The move to the new office at the Dongbai Center aims to enhance collaboration among local employees and strengthen the company's operational capacity. Since its establishment in 2014, E-Home has expanded its range of integrated household services, focusing on customer satisfaction and service quality. The firm continues to pursue growth opportunities in the household service sector.

Positive

• Acquisition of a new headquarters building in Fuzhou for enhanced collaboration.
• Expansion of service offerings since establishment in 2014.
• Commitment to improving employee experience and operational capacity.

Negative

• None.

FUZHOU, China, Sept. 15, 2022 (GLOBE NEWSWIRE) --  E-Home Household Service Holdings Limited (Nasdaq: EJH) (the “Company” or “E-Home”), a provider of integrated household services in China, is pleased to announce that the Company has acquired a building and moved to its new headquarter in Fuzhou city of China Fujian province. The new office in city center reaffirms E-Home’s commitment to continue to grow in the region, where the Company was founded 8 years ago.

With the support from shareholders, customers and all stakeholders of the Company, E-Home has been expanding its scope of services since its establishment on April 1, 2014. With devotion to provide the best services for clients, E-Home is strengthening its skills and services while building strong brand in the market, which helps the business expand all over the province and beyond. In order to accelerate the development of business and attract more talents, the Company has purchased a building and moved to the new headquarter in Fuzhou city of China Fujian Province. E-Home, its subsidiaries Zhongrun (Fujian) Pharmaceutical Co., Ltd. and Chuangying Business Technology Co. are now based in the new headquarter office, which consolidates local employees into a single-tenant location for optimal collaboration and allows the Company to pursue its growth plans with a focus on the employee experience.

Mr. Wenshan Xie, Chairman and CEO of E-Home, commented: “We are very proud of what we have achieved in the past eight years as a household services company. This is an important milestone in the development of E-Home’s business, and now with first-class office environment, first-class business management, first-class brand image and first-class services, E-Home’s employees are dedicated to work together to continue creating good results and seeking to contribute to the Company’s development and growth. Moving to a new home represents our great ambition to mark a new start and our team is very excited about the new modern office space that allows us to collaborate on solutions to meet our customers' needs.”

The Company's new location is at 18/F, East Tower, Building B, Dongbai Center, Yangqiao Road in Gulou District of Fuzhou city.

About E-Home Household Service Holdings Limited

Established in 2014, E-Home Household Service Holdings Limited is a Nasdaq-listed household service company based in Fuzhou, China. The Company, through its website and WeChat platform “e家快服”, provides integrated household services, including 1) installation and maintenance of home appliances and smart homes; 2) Housekeeping, nanny, sister-in-law and cleaning services; 3) Internet elderly care + home-based elderly care; 4) Hospital care; 5) Nanny delivery platform

After years of development, the Company has formed two main services and four auxiliary services targeting at individual consumers (ToC) and business clients (ToB). 1) The ToC business focuses on nanny, sister-in-law, home-based elderly care and cleaning, and family comprehensive service supplemented by other housekeeping services. At present, it has successfully connected with metaverse technology to realize metaverse-based customer service as well as training of domestic workers. The ToB business focuses on public cleaning and cleaning robotic equipment. Four auxiliary services include 1) docking and application of metaverse technology to housekeeping and cleaning industries; 2) online and offline sales of medicine and health food (including nannies and nursing workers); 3) training on nannies and nursing workers to engage in health care in physical stores; 4) human resources (flexible employment).

E-Home has become a modern enterprise of comprehensive service for family life. The Company always adheres to the business philosophy of “solving every issue of customers with heart”, and to the code of conduct of “doing everything well with heart”. The Company aims to set the benchmark of the household service industry. For more information, visit the Company’s website at http://www.ej111.com/ir.html.

Forward-Looking Statement

All statements other than statements of historical fact in this announcement are forward-looking statements in nature within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions are intended to identify such forward-looking statements. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to consider risk factors, including those described in the Company’s filings with the SEC, that may affect the Company’s future results. All forward-looking statements attributable to the Company and its subsidiaries or persons acting on their behalf are expressly qualified in their entirety by these risk factors.

For more information, please contact:

Chunming Xie
Investor Relations
Email: xcm@ej111.com
Phone: +86 15359908086

Janice Wang
EverGreen Consulting Inc.
Email: IR@changqingconsulting.com
Phone: +1 470-940-3308 (from U.S.)
+86 13811768559 (from China)

FAQ

What recent milestone has E-Home Household Service Holdings Limited achieved?

E-Home has moved to a new headquarters building in Fuzhou, China.

Where is E-Home's new headquarters located?

The new headquarters is at 18/F, East Tower, Building B, Dongbai Center, Yangqiao Road in Gulou District of Fuzhou.

When did E-Home Household Service Holdings Limited begin operations?

E-Home was established on April 1, 2014.

What does the acquisition of a new headquarters mean for E-Home?

It signifies E-Home's commitment to growth and improving collaboration among its employees.

How has E-Home expanded its services since its founding?

E-Home has broadened its integrated household services to cater to individual and business clients.