FUZHOU,
China, Sept. 12, 2024 /PRNewswire/ -- E-Home
Household Services Holdings Limited (NASDAQ:EJH) (the "Company" or
"eHome"), an integrated home services provider in China, announced today that after the detailed
business and market due diligence conducted by the Company and the
detailed business and market due diligence conducted by
New Zealand's NBL Pharmaceuticals
(New Zealand) Limited ("NBL
Corp.") from February 2024 to the
present, the Company's subsidiary, Zhongrun (Fujian) Pharmaceutical Co., Ltd. intends to
merge with NBL Pharmaceuticals of New
Zealand in December this year, and the two parties have
signed a cooperation agreement to expand the overseas market and
improve the overall competitiveness of the Company before the
formal merger is completed.
NBL Pharmaceuticals (New
Zealand) Limited is located in Auckland, New Zealand, with advanced fully
automated production lines. 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 the 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 standards for the construction of the workshop, with the total
area of the factory covering more than 5,000 square meters, and the
area of purification workshop exceeding more than 2,200 square
meters. The three main production workshops are equipped with
independent purification air-conditioning system, 10 sets of
independent HVAC system, mainly producing powder and softgel
capsules of fish oil, vitamins, anti-aging and other health care
drugs.
Mr. Wenshan Xie, Chairman and CEO
of E-Home, commented: "The signing of the cooperation agreement
between E-Home's subsidiary, Zhongrun (Fujian) Pharmaceutical Co., Ltd. and NBL
Pharmaceuticals (New Zealand)
Limited is the result of E-Home's response to the company's
overseas strategic layout based on the company's strategic
development needs. layout, bringing numerous business opportunities
for the company and further deepening the exchange and cooperation
with overseas markets. The combination of Zhongrun (Fujian) Pharmaceutical Co., Ltd. and NBL Corp.
can create a scaled healthcare drug portfolio and fist products,
building a good complementary and synergistic advantage of Chinese
and international resources. After half a year of market research,
the company signed a cooperation agreement with NBL Corp. of
New Zealand. The signing of this
agreement is an important decision in the development of the
company, which is in line with the company's long-term planning and
internationalization strategy layout needs, and is conducive to
help the company establish a wider range of partnerships globally
and enhance the influence of the company's brand. In the future,
the Company will continue to maintain joint development with global
partners, provide better quality products and services for global
users, and fully promote the implementation of this strategic
decision."
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) Cleaning of public establishments.
After years of development, the Company has formed two main
services and two auxiliary services targeting at individual
consumers (ToC) and business clients (ToB), with two important
subsidiaries. 1) 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. 2) The ToB business focuses on public cleaning
and cleaning robotic equipment. In addition, we have two
subsidiaries: 1. Zhongrun Pharmaceutical, which integrates
pharmaceutical warehousing, distribution, wholesaling, retailing
and online sales; 2. Chuang Ying Business School: corporate
president class training, in-house training, business consulting
and counseling, and policy counseling.
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