E-Home Household Service Holdings Updates On Business Development Of Carbon Neutral And Green Initiative

Fuzhou (GLOBE NEWSWIRE) - E-Home Household Service Holdings Limited (Nasdaq: EJH) (the "Company" or "E-Home"), a provider of integrated household services in China, today announced the Company has signed contract with Fujian Fusheng Property Management Co. Ltd. (“Fusheng”) to provide domestic garbage sorting and dumping services for neighborhoods under Fusheng’s management that incorporates waste collection practices to help reduce household carbon emissions.

E-Home’s garbage collection services are designed to facilitate recycling and composting, as well as incentivizing energy-from-waste facilities, which would help reduce household reliance on landfills and lower green-house-gas emissions. The Company also signed similar service contracts with Shanghai Fanying Environment Engineering Co. Ltd., Fuzhou Company (“Fanying Fuzhou”) to provide environmentally sustainable garbage sorting for three properties under Fanying Fuzhou’s management.

The contracts have been awarded following E-Home’s announcement to launch specialized waste classification, energy saving and emission reduction household Services on July 14. The initiative intends to advocate the concept that though garbage is not something we tend to actively think about on a daily basis, specifically as it relates to climate change, we have to begin developing practices to limit the environmental consequences that result from our generation of garbage.

Mr. Wenshan Xie, Chairman and CEO of E-Home, commented: “We are thrilled to announce business development of our carbon neutral initiative only a week after we launched this new service, which shows our determination to help manage trash creation and contribute to recycling and composting efforts nationwide. Next, we’ll continue expand our efforts to more waste management options, including energy-from-waste facilities that provide a means for waste disposal while also generating clean electricity. We believe such alternative ‘green’ household cleaning services would both help combat climate change and achieve sustainable, strong growth for our business as a whole.”

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 fast service”, provides integrated household services, including 1) installation and maintenance of home appliances and smart homes; 2) Housekeeping, nanny, sister-in-law 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). 1) The ToC business focuses on nanny, sister-in-law, 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 https://www.ej111.com/ir.html.

Forward-Looking Statementx
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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