FUZHOU, China, Aug. 25, 2022 (GLOBE NEWSWIRE) — E-Home Household Service Holdings Limited (Nasdaq: EJH) (the “Company” or “E-Home”), an integrated household service provider in China, today announced Today reported that the company was awarded housekeeping and cleaning services contracts worth a total of RMB 4.7 million in August.
In accordance with the signed contracts, E-Home will be the appointed provider of housekeeping and cleaning services for seven properties for two years under the management of Shanghai Fanying Environment Engineering Co. Ltd., Fujian Company and Fujian Fusheng Property Management Co Ltd.
Among the contracts signed, Putian YouYou Cleaning Co., Ltd. (“YouYou”), a subsidiary of the Company, has been awarded RMB 2.9 million of new property cleaning contracts that last between one and two years to provide daily sweeping and maintain cleanliness. in four designated areas of Fujian City.
YouYou is a leading cleaning service provider and a member company of Fujian Province Cleaning Industry Association. E-Home acquired 60% of YouYou shares in January.
Mr. Wenshan Xie, Chairman and CEO of E-Home, said, “E-Home is delighted to add these projects to another milestone of cleaning and maintenance services which will contribute to our performance in 2022 and 2023. In addition, the healthy and long-term relationship and trust that our customers place in us will support the state of E-Home’s efforts to consolidate our leading position in the market. All of these projects support the overall improvement and resilience of our business, support our ambition to diversify into other business areas.
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 Elderly Care + Home 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) 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 nurses); 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.
Forward-looking statement
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.
For more information please contact:
Chunming Xie
Investor Relations
Email: xcm@ej111.com
Telephone: +86 15359908086
Janice Wang
EverGreen Consulting Inc.
Email: IR@changqingconsulting.com
Phone: +1 470-940-3308 (from the United States)
+86 13811768559 (from China)
