E-Home Household Service Holdings Ltd. (China)

The Company is principally engaged in the operation of household services, e.g. installation and maintenance of home appliances, housekeeping and senior care in the People's Republic of China (the “PRC”) through on-line APP platform or call center.
The Company is a household service company based in Fuzhou, China. The Company provide integrated household services through our website and WeChat platform, “e家快服” (“E-Home”), across 21 provinces in China. Currently, these services primarily include home appliance services and housekeeping services. For its home appliance services, the Company partner with individuals and service stores which provide the technicians to deliver the on-site services. The Company has partnerships with more than 2,000 individuals and service stores providing these services in China. For its housekeeping services, the Company primarily partner with individual service providers who serve as independent contractors. The Company currently has more than 2,800 cleaners providing its housekeeping or care services. Its online platform integrates these offline service providers, which helps them to gain a larger customer base, and provides professional and reliable one-stop household services to its customers.
The Company operate its business mainly by receiving the orders online and providing the services offline. The Company s online platform includes its website and WeChat platform. Customers order services and complete payments online. After its system automatically matches an order to the corresponding service provider, the service provider receives the order and arranges for a technician/cleaner to deliver the on-site service. After the services are delivered, customers can upload their evaluations on the platform and its customer service team will follow up with customers and get their feedback.
The Company s operations are organized into five reportable segments: installation and maintenance services, housekeeping services, senior care services, sales of pharmaceutical products and educational consulting services.
HISTORY
2018 The Company was incorporated in the Cayman Islands on September 24, 2018.
The Company established E-Home Household Service Holdings Limited as a wholly-owned subsidiary in Hong Kong on October 16, 2018. E-Home Household Service Holdings Limited is a holding company and holds all of the equity interests of E-Home WFOE, which was established in the PRC on December 5, 2018.
2021 The Company s ordinary shares commenced trading on the Nasdaq Capital Market under the symbol “EJH” on May 14, 2021.
2022 On June 14, 2022 and July 8, 2022, the Company and its wholly owned subsidiary, E-Home Hong Kong, entered into an equity transfer agreement with Zhongrun, a limited liability company established in China, and Ms. Ling Chen, the sole shareholder of Zhongrun, pursuant to which Ms. Chen agreed to transfer 55 and 20 of the equity interests in Zhongrun to E-Home Hong Kong.
On July 30, 2022, the Company's board of directors approved to acquire 100 of the equity interests of Chuangying and its subsidiaries from Lin Jianying.
2024 On January 11, 2024, the Company entered into a Securities Purchase Agreement (the “Agreement”) with certain purchasers identified on the signature page thereto (the “Purchasers”), pursuant to which the Company agreed to sell to the Purchasers in a private placement 20,000,000 ordinary shares (the “Shares”) of the Company, at a purchase price of 0.68 per share for an aggregate price of 13,600,000 (the “Private Placement”).
On March 21, 2024, the Company entered into a Securities Purchase Agreement (the “Purchase Agreement”) with certain purchasers identified on the signature page thereto (the “Purchasers”). Pursuant to the Purchase Agreement, the Company will sell to the Purchasers in a registered
On February 6, 2024, the Company held at an extraordinary general meeting and its shareholders approved resolutions resulting in a share consolidation of five issued and unissued ordinary shares with par value of US 0.2 each in the Company's issued and unissued share capital into one share with par value of US 1 (the “Share Consolidation”).
On July 5, 2024, the Company entered into a Securities Purchase Agreement (the “Purchase Agreement”) with certain purchasers identified on the signature page thereto (the “Purchasers”).