E-Home Household Services Hold – GuruFocus.com

FUZHOU, China, June 24, 2022 (Globe NEWSWIRE) — E-Dwelling House Assistance Holdings Restricted ( EJH) (the “Company” or “E-House”), a company of integrated house solutions in China, currently announced the Company has been awarded supplemental RMB4.7 million new contracts all through April-May to give residence cleansing providers for neighborhood residences.

The Organization signed RMB0.8 million of the provider contracts and Putian YouYou Cleaning Co., Ltd. (“YouYou”), a subsidiary of the Business, was awarded RMB3.9 million of the new company. YouYou is a foremost cleansing providers supplier and a member organization at Fujian Province Cleaning Market Association and E-Household obtained 60% of equity pursuits in YouYou in January.

Underneath the deal, the Enterprise and YouYou will give concentrated sweep through specified neighborhoods and maintain their cleanliness for contracted assistance interval that ranges from 10 to 12 months. The neighborhoods incorporate, among the many others, 1.1 million square meter houses formulated by China’s developer R&F Group, which is managed by home administration firm Guangzhou Tianli Residence Management, Xiamen Branch, and .26 million square meter properties managed by Fujian Fusheng Property Management Co. Ltd.

Mr. Wenshan Xie, Chairman and CEO of E-Property, commented: “It’s an honor to be selected to give our flagship cleaning products and services to our client companions. Our position on these contracts delivers our consumers access to E-Home’s successful and professional hygiene servicing providers. We are delighted to have been picked for these contracts that will guide our shoppers with protecting cleanness at their services. We glimpse forward to a very long and productive partnership with all of our consumers.”

About E-House Domestic Support Holdings Confined

Recognized in 2014, E-Home Family Provider Holdings Limited is a Nasdaq-listed domestic support business based mostly in Fuzhou, China. The Enterprise, through its internet site and WeChat platform “e家快服”, delivers built-in household solutions, which include 1) set up and upkeep of residence appliances and wise homes 2) Housekeeping, nanny, sister-in-law and cleansing companies 3) Online aged treatment + property-based aged care 4) Hospital treatment 5) Nanny delivery platform.

Just after decades of development, the Organization has formed two main expert services and four auxiliary services focusing on at personal customers (ToC) and company purchasers (ToB). 1) The ToC business focuses on nanny, sister-in-legislation, dwelling-centered elderly care and cleansing, and loved ones comprehensive assistance supplemented by other housekeeping companies. At existing, it has correctly related with metaverse technological innovation to know metaverse-based purchaser company as effectively as teaching of domestic workers. The ToB organization focuses on general public cleaning and cleaning robotic devices. 4 auxiliary companies contain 1) docking and application of metaverse engineering to housekeeping and cleansing industries 2) on-line and offline sales of drugs and well being foodstuff (which includes nannies and nursing personnel) 3) training on nannies and nursing personnel to engage in well being care in physical shops 4) human methods (versatile work).

E-Property has develop into a modern day company of extensive company for family lifetime. The Corporation usually adheres to the business philosophy of “fixing just about every concern of prospects with heart”, and to the code of conduct of “executing anything well with heart”. The Company aims to established the benchmark of the domestic service sector. For extra info, pay a visit to the Firm’s web site at http://www.ej111.com/ir.html.

Forward-Hunting Statement

All statements other than statements of historic reality in this announcement are forward-wanting statements in nature in the indicating of the Non-public Securities Litigation Reform Act of 1995. These forward-seeking statements contain known and unknown hazards and uncertainties and are based mostly on latest anticipations and projections about future functions and monetary trends that the Business thinks may possibly impact its economic ailment, final results of functions, enterprise strategy and fiscal demands. Terms or phrases these types of as “may perhaps,” “will,” “assume,” “anticipate,” “aim,” “estimate,” “intend,” “prepare,” “imagine,” “possible,” “continue,” “is/are most likely to” or other very similar expressions are meant to detect this sort of forward-wanting statements. The Firm undertakes no obligation to update ahead-searching statements to mirror subsequent occurring situations or instances, or alterations in its anticipations, apart from as may well be needed by law. Despite the fact that the Enterprise thinks that the anticipations expressed in these forward-looking statements are reasonable, it are not able to guarantee you that such anticipations will change out to be accurate, and the Corporation cautions investors that actual effects may perhaps differ materially from the anticipated benefits and encourages investors to look at chance things, such as those explained in the Company’s filings with the SEC, that might have an affect on the Firm’s potential final results. All ahead-hunting statements attributable to the Company and its subsidiaries or individuals performing on their behalf are expressly capable in their entirety by these danger components.

For a lot more details, you should speak to:

Chunming Xie

Investor Relations

E-mail: [email protected]

Phone: +86 15359908086

Janice Wang

EverGreen Consulting Inc.

E mail: [email protected]

Cellular phone: +1 470-940-3308 (from U.S.)

+86 13811768559 (from China)