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.
E-Home Household Service Holdings Limited (Nasdaq: EJH) announced a strategic plan via its subsidiary Zhongrun (Fujian) Pharmaceutical Co., Ltd. to enhance market coverage and diversify medical products in Fujian, China. The company aims to transition from wholesale to retail operations through online and offline channels. A partnership with Zhejiang Huisong Pharmaceutical Co. Ltd. is expected to yield annual sales of approximately RMB 20 million, focusing on epidemic prevention and influenza drugs. This initiative aims to bolster profitability amid health crises.
E-Home Household Service Holdings Limited (Nasdaq: EJH) announced that its subsidiary, Putian YouYou Cleaning Co., Ltd., secured RMB20 million ($2.8 million) in property cleaning and residential green belt maintenance contracts. These contracts involve cleaning services for 20 residential areas covering over 3 million square meters for one to two years. Chairman and CEO Wenshan Xie emphasized YouYou's service quality and adaptability in meeting customer demands, aiming to strengthen market presence and client trust.
E-Home Household Service Holdings Limited (Nasdaq: EJH) announced the signing of multiple household cleaning contracts in Fujian province, China. These contracts involve daily hygiene maintenance, garbage sorting and disposal for managed properties, along with pest extermination and disinfection services. The projects aim to enhance the company’s performance for 2022 and 2023 while continuing to build long-term relationships with clients. E-Home provides a range of integrated household services through its digital platforms since its establishment in 2014, focusing on both consumer and business clients.
E-Home Household Service Holdings Limited (Nasdaq: EJH) has announced the approval of a share consolidation by its shareholders during an extraordinary general meeting on September 23, 2022. This consolidation will merge 20 shares into one share, aimed at regaining compliance with Nasdaq's minimum price rule. Additionally, the company will increase its authorized share capital from US$51,000 to US$1,020,000. The consolidation is designed to keep shareholder ownership percentages unchanged, and fractional shares will be compensated in cash.
E-Home Household Service Holdings Limited (Nasdaq: EJH) has successfully acquired a new headquarters building in Fuzhou, China, marking a significant milestone in its growth. The move to the new office at the Dongbai Center aims to enhance collaboration among local employees and strengthen the company's operational capacity. Since its establishment in 2014, E-Home has expanded its range of integrated household services, focusing on customer satisfaction and service quality. The firm continues to pursue growth opportunities in the household service sector.
E-Home Household Service Holdings Limited (Nasdaq: EJH) announced the development of BAO TAO, a voice-command all-in-one tool aimed at simplifying household management. This initiative utilizes technologies from Chuangying Business Technology Co. to enhance service access. BAO TAO allows users to track supplies and schedule services seamlessly, promoting a modern and efficient approach to household and office management. E-Home aims to leverage this innovation to enhance its position in the household service industry.
E-Home Household Service Holdings Limited (Nasdaq: EJH) announced the acquisition of contracts worth RMB 4.7 million in August for household and cleaning services. The contracts include RMB 2.9 million for Putian YouYou Cleaning Co., Ltd. to provide services to four neighborhoods for one to two years. The company aims to enhance its performance in 2022 and 2023 and strengthen its market position through these projects.
E-Home focuses on integrated household services, including cleaning, elderly care, and smart home solutions.
E-Home Household Service Holdings (EJH) reported a promising outlook for the fiscal year ending June 30, 2022. The company anticipates significant revenue growth, with over 3 million registered members and 1 million total service orders. Key service segments include more than 500,000 installation and maintenance orders, nearly 700,000 housekeeping orders, and over 50,000 senior care services. Despite the challenges posed by COVID-19, the CEO highlighted strategic adjustments and new initiatives aimed at expanding revenue streams and increasing market share.
E-Home Household Service Holdings Limited (NASDAQ: EJH) announced an update on its provisional study into traditional Chinese medicine (TCM) for Monkeypox. The study is being conducted through Zhongrun (Fujian) Pharmaceutical Co., Ltd. Preliminary results suggest certain TCM herbs may effectively manage Monkeypox symptoms. The company plans to increase the supply of beneficial herbs to enhance research. Chairman and CEO Wenshan Xie emphasized their commitment to providing comprehensive treatment options based on these findings.
E-Home Household Service Holdings Limited (Nasdaq: EJH) announced that its subsidiary, Happiness Yijia, has been recognized as a high-quality household services brand in Fuzhou, China. Additionally, another subsidiary, Jiajiale, has been elected to the governing board of the Fuzhou Household Services Association, highlighting its industry reputation. These achievements affirm E-Home's commitment to innovation and quality in the household services sector, utilizing AI technology for enhanced customer service and training.