FUZHOU,
China, Feb. 8, 2024 /PRNewswire/ -- E-Home
Household Services Holdings Limited (NASDAQ:EJH) (the "Company" or
"eHome"), an integrated home services provider in China, announced that its subsidiary, Zhongrun
(Fujian) Pharmaceutical Co., Ltd,
intends to acquire NBL (New
Zealand) Limited ("NBL Company").
NBL (New Zealand) Limited has
advanced fully automatic production lines, and three main
production workshops equipped with
independent purification and air-conditioning systems, 10 sets of
independent HVAC systems, mainly produces powders and soft capsules
of fish oil, vitamins, anti-aging and other health care drugs. In
order to meet the clean requirements of different production
workshops and to ensure the low temperature and low humidity
requirements of special production processes, all workshops comply
with the dust-free standards of international ISO, New Zealand GMP,
GB, and the GMP level 100,000 class dust-free workshop, which is in
line with the international GMP workshop construction standards.
The factory covers a total area of
more than 5,000 square meters, and the area of purification
workshop is more than 2,200 square meters.
Mr. Wenshan Xie, Chairman and CEO of E-Home,
commented: "The proposed acquisition of NBL (New Zealand) Limited by Zhongrun (Fujian) Pharmaceutical Co., Ltd. a subsidiary
of E-Home Household Services Holdings Limited is the result of the
transition from service to R&D+production+service in the
healthcare pharmaceutical industry and the expansion of the
international market by Zhongrun (Fujian) Pharmaceutical Co. The
combination of Zhongrun (Fujian)
Pharmaceutical Co., Ltd. and NBL (New
Zealand) Limited can create a large-scale healthcare
pharmaceutical portfolio and flagship products, and build a good
complementary and synergistic advantage of Chinese and
international resources. This is a key step for Zhongrun
(Fujian) Pharmaceutical Co., Ltd.,
a subsidiary of E-Home Household Services Holdings Limited, to move
into the international market. It is believed that the completion
of this merger and acquisition will have a significant impact on
the development of Zhongrun (Fujian) Pharmaceutical Co. It is believed that
the completion of the merger and acquisition will help Zhongrun
(Fujian) Pharmaceutical Co., Ltd.
to complete the
R&D+Production+Service+Market+Performance."
About E-Home Household Service Holdings Limited
Established 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-home", provides integrated household
services, including 1) installation and maintenance of home
appliances and smart homes; 2) Housekeeping, nanny, confinement
nurse and cleaning services; 3) Internet elderly care + home-based
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 at individual
consumers (ToC) and business clients (ToB). The ToC business focuses on nanny,
confinement nurse, home-based elderly care and cleaning, and family
comprehensive service supplemented by other housekeeping services.
At present, it has successfully connected with metaverse technology
to realize metaverse-based customer service as well as training of
domestic workers. The ToB business focuses on public cleaning and
cleaning robotic equipment. Four auxiliary services include 1)
docking and application of metaverse technology to housekeeping and
cleaning industries; 2) online and offline sales of medicine and
health food (including nannies and nursing workers); 3) training on
nannies and nursing workers to engage in health care in physical
stores; 4) human resources (flexible employment).
E-Home has become a modern enterprise of comprehensive service
for family life. The Company always adheres to the business
philosophy of "solving every issue of customers with heart", and to
the code of conduct of "doing everything well with heart". The
Company aims to set the benchmark of the household service
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 fact in this
announcement are forward-looking statements in nature within the
meaning of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements involve known and unknown risks
and uncertainties and are based on current expectations and
projections about 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," "continue," "is/are
likely to" or other similar expressions are intended to identify
such forward-looking statements. The Company undertakes no
obligation to update forward-looking statements to reflect
subsequent occurring events or circumstances, or changes in its
expectations, except as may be required by law. Although the
Company believes that the expectations expressed in these
forward-looking statements are reasonable, it cannot assure you
that such expectations will turn out to be correct, and the Company
cautions investors that actual results may differ materially from
the anticipated results and encourages investors to consider risk
factors, including those described in the Company's filings with
the SEC, that may affect the Company's future results. 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.
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SOURCE E-Home Household Service Holdings Limited