FUZHOU, China, July 14 Feb. 1, 2022 (GLOBE NEWSWIRE) — E-Home Household Service Holdings Limited (Nasdaq: EJH) (the “Company” or “E-Home”), an integrated home service provider in China, today announced a new initiative “ Carbon Neutral” to provide specialized waste classification, energy saving and emission reduction services to households.
E-Home plans to launch waste classification services and integrate the concept of “reducing emissions” into standard door-to-door household cleaning and maintenance services, which involves the development of made-to-measure garbage bags (decomposable, non-composable, recyclable, non-recyclable, etc.) and by encouraging customers to use this dedicated service for sorting waste that respects the environment. The company also seeks to provide such waste sorting services to public service institutions and has signed a contract with a local property management company in Fujian for the sorting and dumping of household waste.
China is aiming for non-fossil energy consumption to exceed 80% of its total mix by 2060, when the world’s second-largest economy plans to be carbon neutral, according to guidelines released by the official Xinhua news agency. in October last year. The measures are part of China’s broader plan to peak carbon emissions and reach net zero by 2060. The report reiterated the government’s climate targets for 2025 and 2030 and pledged to accelerate decline in coal use in China.
Carbon neutrality is not so far from our daily life either. Garbage collection could play a key role in reducing carbon emissions, but limited waste collection and poor segregation by households and at landfills make recycling work difficult. E-Home has established expertise and experience to provide this specialized garbage collection and dumping service to facilitate China’s carbon neutral goals. Additionally, China has listed “Carbon Emission Manager” as a new profession that involves monitoring, measuring and facilitating consultation on reducing carbon emissions and other greenhouse gases. E-Home is also riding on this trend and will combine an existing training program and human resources system with skills related to “carbon neutral” household services to promote the transformation of the company’s activity into a green profession. . The company plans to offer carbon emissions manager training, which is expected to help create new opportunities and jobs for the workforce and also diversify E-Home’s revenue streams.
Mr. Wenshan Xie, President and CEO of E-Home, said, “We are delighted to announce our carbon neutral project and believe that this new initiative will help create new jobs and increase our income from household formation, thereby increasing our profitability. In recent years, we humans are deeply aware that climate change is a security issue related to the survival and sustainable development of the entire ecosystem. To help facilitate China’s carbon neutral goals, E-Home will also seek to embrace green, low-carbon and circular development by transforming and improving our existing high-quality housekeeping and cleaning services.
About E-Home Household Service Holdings Limited
Founded 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 home services, including 1) installation and maintenance of home appliances and smart homes; 2) Housekeeping, nanny, sister-in-law and cleaning services; 3) Internet-based 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 individuals (ToC) and enterprises (ToB). 1) The ToC business focuses on nanny, sister-in-law, elderly home care and cleaning, and comprehensive family service supplemented with other housekeeping services. At present, it has successfully connected with metaverse technology to realize metaverse-based customer service as well as domestic worker training. The ToB business focuses on public cleaning and robotic cleaning equipment. Four ancillary services include 1) docking and applying metaverse technology to the janitorial and cleaning industries; 2) online and offline drug and health food sales (including nannies and nursing workers); 3) training nannies and caregivers to engage in health care in physical stores; 4) human resources (flexible employment).
E-Home has become a modern full-service company for family life. The company always adheres to the business philosophy of “solving every problem of customers with heart” and the code of conduct of “doing everything well with heart”. The Company aims to set the benchmark for the household services industry. For more information, visit the company’s website at http://www.ej111.com/ir.html.
All statements other than statements of historical facts contained in this announcement are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks and uncertainties and are based on expectations and projections of 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”, “continuing”, “is/are likely to” or other similar expressions are intended to identify such forward-looking statements. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances occurring future, or changes in its expectations, except as required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that these expectations will prove to be correct, and the Company cautions investors that actual results may differ materially from anticipated results and encourages investors to consider risk factors, including those described in the Company’s filings with the SEC, which could affect the future results of the S company. 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.
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