EJH News & Events

E-Home Household Services announced that following multiple rounds of negotiations and due diligence, it has decided to acquire Fuzhou Yunding Mutual Chain Information Technology. Wenshan Xie, Chairman and CEO of E-Home, commented: "E-Home has decided to acquire Fuzhou Yunding Mutual Chain Information Technology Co., Ltd. The acquisition, driven by E-Home's development needs, will combine the strengths of both companies. It will enable E-Home to acquire customers seeking home services through the front-end of its IoT information platform, achieving end-to-end industry integration. This will enhance the company's market competitiveness and brand influence, marking a crucial step in E-Home's expansion into the AI industry and smart community services."

E-Home Household Service Holdings announced that it has signed cleaning service agreements with multiple projects, including Da Rongshu Property Management, and has won bids for several electrical appliance repair projects, with a total value exceeding RMB 4M. The company has introduced AI robots into new projects and is currently conducting trial runs.

E-Home Household Service Holdings announced that at an extraordinary general meeting of the Company held on May 1, its shareholders have approved the resolution of a share consolidation of the issued and authorized ordinary shares of the Company at a ratio of not less than 1-for-2 and not more than 1-for-50, with the exact ratio to be set at a whole number within this Range to be determined by the Board of the Directors of the Company in its sole discretion within 180 calendar days after the date of passing of these resolutions. The Company's shareholders will receive one post-consolidation ordinary share for every fifty pre-consolidation ordinary shares held by them. Immediately after the Share Consolidation, each shareholder's percentage ownership interest in the Company and proportional voting power will remain unchanged, except for minor changes and adjustments that will result from the treatment of fractional shares.

E-Home Household Services established a new Resource Recycling Department in response to the current national policy guidance coupled with the advantages of its own business. It recovers used home appliances, unused and old materials and waste classification and recycling business through home maintenance technicians, cleaners, nannies and caretakers' door-to-door service at the same time, and co-operates with professional resource recycling companies. The Resource Recycling Department first operates as an independent business department, and then registers a subsidiary company to operate independently in parallel.