Welcome to our dedicated page for E-Home Household Svc Hldgs news (Ticker: EJH), a resource for investors and traders seeking the latest updates and insights on E-Home Household Svc Hldgs stock.
E-Home Household Service Holdings Limited (NASDAQ: EJH) is a Fuzhou-based integrated home services provider in China. Company announcements describe a business built around installation and maintenance of home appliances and smart homes, housekeeping, nanny and maternity matron services, home-based elderly care, and cleaning of public establishments. E-Home also highlights its dual ToC and ToB channels, serving both individual households and public cleaning projects.
The EJH news feed on Stock Titan surfaces company-issued updates and related coverage about these activities. Recent releases emphasize E-Home’s use of "Internet + AI" in its operations, including AI customer service, AI robotic automatic cleaning equipment for public place cleaning projects, and AI-powered home cleaning robots intended to gradually replace manual household cleaning services. News items also cover the launch of the AI Home Trainer, which the company describes as an AI and metaverse-based trainer for domestic service personnel.
Investors and observers following EJH news can track developments such as the establishment of E-Home’s Resource Recycling Department, which focuses on recovering used home appliances and materials through its service network, and the company’s plans and decisions regarding Fuzhou Yunding Mutual Chain Information Technology Co., Ltd., an IoT platform company focused on AI access control systems and smart community services. Additional news covers cooperation between E-Home’s subsidiary Zhongrun (Fujian) Pharmaceutical Co., Ltd. and NBL Pharmaceuticals (New Zealand) Limited, as well as capital markets actions like share consolidations and registered offerings disclosed in press releases and Form 6-K filings.
By reviewing the EJH news stream, readers can see how E-Home presents its strategy of combining traditional domestic services with AI, IoT and resource recycling initiatives, and how it communicates its efforts to expand service scope, pursue acquisitions and cooperation, and adjust its capital structure.
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E-Home Household Services Holdings Limited (NASDAQ: EJH) has announced its intention to acquire Fujian Liangjie Environmental Service Co., a leading environmental service provider in China. Liangjie Environment offers a variety of services including daily cleaning and environmental management, employing over 1,500 people and generating annual revenue in the tens of millions of yuan. The acquisition aims to optimize E-Home's business integration and urban service market development, leveraging Liangjie’s advanced cleaning technologies and patents. This strategic move is expected to enhance resource integration and improve team management, promoting rapid development of a new industrial platform.
E-Home Household Services Holdings Limited (NASDAQ: EJH) has enhanced its virtual person as a service (DHaaS) platform, initially operational since April 22, 2022. The upgraded service aims to provide customer-oriented solutions using advanced AI technology. In March 2022, E-Home introduced 'Little E,' a digital customer service representative, ensuring 24/7 support in the Metaverse. Additionally, the platform supports staff training in professional service skills, enhancing service quality. CEO Wenshan Xie emphasized the transformative potential of virtual reality in the domestic service industry, noting positive customer feedback and performance growth since the platform's launch.
E-Home Household Services Holdings Limited (NASDAQ: EJH), based in Fuzhou, China, has announced significant contracts totaling over RMB 21 million. The company secured greening maintenance and community cleaning care contracts with Vanke Group and several electrical repair projects for Regional Centers for Disease Control and Prevention and Yili Engineering. This contract win showcases the company's professional capability and is expected to enhance its brand image and market presence. The integrated service model aligns with industry trends, promising new growth opportunities as resident demands increase.
E-Home Household Service Holdings Limited (Nasdaq: EJH) has received a notification from Nasdaq regarding non-compliance with the minimum bid price of $1.00 per share, as outlined in Nasdaq Listing Rule 5550(a)(2). This deficiency was noted over 30 consecutive business days from November 7 to December 19, 2022. The company has until June 19, 2023, to regain compliance. If not, a second 180-day period may be available under certain conditions. E-Home plans to monitor its share price and consider options for compliance.
E-Home Household Service Holdings Limited (Nasdaq: EJH) announced significant progress in establishing Haixia Home Management College in Pingtan, China, backed by dedicated investors and government support. The college aims to address the lack of professional training in the home care service sector, which is growing at 20% annually. An investment of 600 million RMB is planned, with 300 million RMB allocated for the first phase. The college will train up to 50,000 students in vocational education, aiming for an annual output value exceeding 1 billion RMB and enhancing the home management industry.
E-Home Household Service Holdings Limited (Nasdaq: EJH) announced its subsidiary Zhongrun's initiative to expand market reach for medical products in China through online and offline channels. In response to a new government notice on Internet medical services amid the pandemic, Zhongrun mobilized anti-epidemic drugs across clinics and pharmacies, offering a no-price-increase policy. The launch of a cloud pharmacy service facilitates 24-hour access to medicines via automatic shopping machines. Chairman Wenshan Xie highlighted the potential for increased profitability as demand for home-based medical services rises in the post-epidemic landscape.
E-Home Household Service Holdings Limited (Nasdaq: EJH) has signed a non-binding MOU to acquire 100% of Fujian Min High-tech Energy Technology Co., Ltd. The acquisition involves cash and stock, marking E-Home's expansion into the new energy sector. Min High-tech Energy specializes in solar, wind, and biomass energy, alongside energy efficiency management. The Chairman of E-Home stated this acquisition aims to enhance energy optimization and align with national energy conservation goals. The company plans further acquisitions to bolster competitiveness.
E-Home Household Service Holdings Limited (Nasdaq: EJH) announced on October 24, 2022, that it has regained compliance with Nasdaq's minimum bid price requirement. The Company received notification that its common shares have traded above $1.00 for 10 consecutive days, from October 4 to October 17, 2022. Founded in 2014 in Fuzhou, China, E-Home provides integrated household services, including appliance installation, housekeeping, and elder care, while incorporating metaverse technology for service enhancement.