E-Home Household Service Holdings Limited regains

Fuzhou, China, Oct. 24, 2022 (GLOBE NEWSWIRE) — E-Home Household Service Holdings Limited (Nasdaq: EJH) (the “Company” or “E-Home”), a provider of integrated household services in China, announced that once again meets the minimum bid price requirement under the continuing listing requirements of the Nasdaq Stock Market LLC (“Nasdaq”).

On October 18, 2022, the Company received written notice from the Listing Qualifications Department of Nasdaq stating that the closing price of the Company’s common stock was $1.00 per share or higher for 10 consecutive trading days, from October 4, 2022 to October 17 . 2022. Therefore, the company is back in compliance with Nasdaq Listing Rule 5550(a)(2).

About E-Home Household Service Holdings Limited

Established in 2014, E-Home Household Service Holdings Limited is a Nasdaq-listed household services company based in Fuzhou, China. The company provides integrated household services, including 1) installation and maintenance of (smart) household appliances; 2) Housekeeping, babysitting and cleaning services; 3) online elderly care + elderly care at home; 4) Hospital care; 5) Nannies as ecommerce influencers.

After years of development, the company has formed two main services and four auxiliary services, targeting individual consumers (ToC) and business customers (ToB). 1) The ToC business focuses on nanny, maternity care, home care and cleaning for the elderly and extensive household services supplemented with other household services. At present, E-Home has successfully connected with metaverse technology to realize metaverse based customer service and domestic staff training. The ToB activities focus on public cleaning and rental of robot cleaning equipment. Four emergency services include 1) docking and application of metaverse technology to housekeeping and cleaning services; 2) online and offline sales of medicines and natural foods (including e-commerce services with nannies as influencers); 3) training nannies and nurses to participate in offline healthcare; 4) human resources (flexible work).

E-Home has become a modern enterprise with comprehensive service for family life. The company always adheres to the business philosophy of “solve every customer’s problem with care and dedication.”, and the code of conduct of “do everything right with care and dedication”. The company aims to set the benchmark of the household services industry. For more information, visit the company’s website at http://www.ej111.com/ir.html.

Forward-Looking Statements

All statements other than statements of historical fact in this announcement are forward-looking statements 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 expressions such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “believe”, “potential”, “continue”, “is/are likely” or other similar expressions are intended to identify such forward-looking statements. The Company assumes no obligation to update forward-looking statements to reflect subsequent events or circumstances, or changes in its expectations, except as may be required by law. While the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will prove to be correct, and the Company cautions investors that actual results may differ materially from those anticipated and encourages investors to consider risk factors, including those described in the company’s filings with the SEC, that could 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.

For more information, please contact:

Chunming Xie
Investor Relations
Email: [email protected]
Phone: +86 15359908086

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