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E-Home Household Services Holdings Limited signed cleaning service contracts with several project companies with a total value of more than RMB 5 million

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E-Home Household Services Holdings (NASDAQ: EJH), a leading integrated home services provider in China, has announced the signing of cleaning service contracts and successful bids for electrical maintenance projects. The total value of these contracts exceeds RMB 5 million. Among the projects secured is the prestigious Green Label initiative.

Wenshan Xie, Chairman and CEO of E-Home, expressed that these contract wins validate the company's service quality and showcase the comprehensive strength of their ejiaxpress service. He emphasized E-Home's commitment to maintaining high service standards and becoming a trustworthy enterprise in the market.

E-Home Household Services Holdings (NASDAQ: EJH), un importante fornitore integrato di servizi domestici in Cina, ha annunciato la firma di contratti per servizi di pulizia e l'aggiudicazione di progetti di manutenzione elettrica. Il valore totale di questi contratti supera 5 milioni di RMB. Tra i progetti garantiti c'è il prestigioso Green Label initiative.

Wenshan Xie, Presidente e CEO di E-Home, ha affermato che queste vittorie contrattuali convalidano la qualità dei servizi offerti dall'azienda e mostrano la forza complessiva del loro servizio ejiaxpress. Ha sottolineato l'impegno di E-Home a mantenere elevati standard di servizio e a diventare un'impresa affidabile nel mercato.

E-Home Household Services Holdings (NASDAQ: EJH), un proveedor líder de servicios integrales para el hogar en China, ha anunciado la firma de contratos de servicio de limpieza y la adjudicación exitosa de proyectos de mantenimiento eléctrico. El valor total de estos contratos supera 5 millones de RMB. Entre los proyectos asegurados se encuentra la prestigiosa iniciativa Green Label.

Wenshan Xie, Presidente y CEO de E-Home, expresó que estas victorias contractuales validan la calidad del servicio de la empresa y muestran la fuerza integral de su servicio ejiaxpress. Enfatizó el compromiso de E-Home de mantener altos estándares de servicio y de convertirse en una empresa confiable en el mercado.

E-Home Household Services Holdings (NASDAQ: EJH)는 중국의 주요 통합 가정 서비스 제공업체로, 청소 서비스 계약 체결 및 전기 유지 관리 프로젝트에 대한 성공적인 입찰을 발표했습니다. 이 계약의 총 가치는 500만 RMB를 초과합니다. 확보된 프로젝트 중에는 저명한 Green Label 이니셔티브가 포함되어 있습니다.

E-Home의 회장 겸 CEO인 Wenshan Xie는 이러한 계약 체결이 회사의 서비스 품질을 검증하고 ejiaxpress 서비스의 종합적인 강점을 보여준다고 표현했습니다. 그는 E-Home이 높은 서비스 기준을 유지하고 시장에서 신뢰할 수 있는 기업이 되기 위한 약속을 강조했습니다.

E-Home Household Services Holdings (NASDAQ: EJH), un fournisseur de services domestiques intégré de premier plan en Chine, a annoncé la signature de contrats de services de nettoyage et des appels d'offres réussis pour des projets de maintenance électrique. La valeur totale de ces contrats dépasse 5 millions RMB. Parmi les projets obtenus figure la prestigieuse initiative Green Label.

Wenshan Xie, Président et CEO d'E-Home, a déclaré que ces succès contractuels valident la qualité de service de l'entreprise et montrent la force globale de leur service ejiaxpress. Il a souligné l'engagement d'E-Home à maintenir des normes de service élevées et à devenir une entreprise de confiance sur le marché.

E-Home Household Services Holdings (NASDAQ: EJH), ein führender integrierter Anbieter von Haushaltsdienstleistungen in China, hat die Unterzeichnung von Reinigungsdienstverträgen und erfolgreiche Gebote für elektrische Wartungsprojekte bekannt gegeben. Der Gesamtwert dieser Verträge übersteigt 5 Millionen RMB. Zu den gesicherten Projekten gehört die renommierte Green Label-Initiative.

Wenshan Xie, Vorsitzender und CEO von E-Home, äußerte, dass diese Vertragsgewinne die Servicequalität des Unternehmens validieren und die umfassende Stärke ihres ejiaxpress-Dienstes zeigen. Er betonte das Engagement von E-Home, hohe Servicestandards zu wahren und ein vertrauenswürdiges Unternehmen auf dem Markt zu werden.

Positive
  • Secured new cleaning and electrical maintenance contracts worth over RMB 5 million
  • Won tenders for high-profile projects, including the Green Label initiative
  • Demonstrated market recognition of E-Home's service quality
Negative
  • None.

Insights

The RMB 5 million contract value, while positive, is relatively modest for a publicly traded company. It's important to contextualize this against E-Home's overall revenue and market cap. The impact on the company's financials may be , potentially explaining the lack of significant stock movement. The diverse nature of the contracts, spanning cleaning services and electrical maintenance, suggests a strategy to diversify revenue streams. However, without comparative data on profit margins for these services, it's challenging to assess the true value add. Investors should monitor whether this contract win translates into improved financial performance in upcoming quarterly reports.

This contract win signals E-Home's growing market presence in China's home services sector. The company's success in multiple tenders indicates competitive pricing and service quality. However, the home services market in China is highly fragmented and competitive. E-Home's ability to secure contracts with "Green Label" projects might suggest a focus on environmentally friendly or high-end services, potentially differentiating them in the market. Investors should watch for trends in contract sizes and frequency to gauge E-Home's market share growth. The CEO's emphasis on customer trust and service quality aligns with industry best practices but isn't unique. Long-term success will depend on consistent execution and customer retention rates.

FUZHOU, China, Sept. 10, 2024 /PRNewswire/ -- E-Home Household Services Holdings Limited (NASDAQ:EJH) (the "Company" or "eHome"), an integrated home services provider in China, announced today that the Company has signed cleaning service contracts and won a number of tenders for electrical maintenance projects with a total value of more than RMB 5 million, with several projects such as the Green Label.

Mr. Wenshan Xie, Chairman and CEO of E-Home, commented: "The successful signing of a series of contracts, not only marks the quality of service provided by E-Home has been fully recognized by the customer, but also ejiaxpress service is the embodiment of the company's comprehensive strength. ejiaxpress service will be more hard work in the future, to return the trust of our customers with quality service, 'with the heart to solve the problem of the customer's every e thing!' The concept of professional services, continue to plow the market service projects, continue the high level of service standards and quality, to become a trustworthy and trustworthy enterprises."

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-home", provides integrated household services, including 1) Installation and maintenance of home appliances and smart homes; 2) Housekeeping, nanny, confinement nurse and cleaning services; 3) Internet elderly care + home-based elderly care; 4) Cleaning of public establishments.

After years of development, the Company has formed two main services and two auxiliary services targeting at individual consumers (ToC) and business clients (ToB), with two important subsidiaries. 1) The ToC business focuses on nanny, confinement nurse, 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. 2) The ToB business focuses on public cleaning and cleaning robotic equipment. In addition, we have two subsidiaries: 1. Zhongrun Pharmaceutical, which integrates pharmaceutical warehousing, distribution, wholesaling, retailing and online sales; 2. Chuang Ying Business School: corporate president class training, in-house training, business consulting and counseling, and policy counseling.

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.

Cision View original content:https://www.prnewswire.com/news-releases/e-home-household-services-holdings-limited-signed-cleaning-service-contracts-with-several-project-companies-with-a-total--value-of-more-than-rmb-5-million-302243229.html

SOURCE E-Home Household Service Holdings Limited

FAQ

What is the total value of new contracts signed by E-Home Household Services (EJH) in September 2024?

E-Home Household Services (EJH) signed contracts with a total value exceeding RMB 5 million in September 2024.

What types of services are included in E-Home's (EJH) recent contract wins?

E-Home's (EJH) recent contract wins include cleaning services and electrical maintenance projects.

Which notable project did E-Home Household Services (EJH) secure in its recent contract signings?

E-Home Household Services (EJH) secured the Green Label project among its recent contract signings.

How did E-Home's (EJH) CEO Wenshan Xie respond to the new contract signings in September 2024?

CEO Wenshan Xie stated that the contract signings validate E-Home's service quality and demonstrate the comprehensive strength of their ejiaxpress service.

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