FUZHOU,
China, Dec. 22, 2022 /PRNewswire/ -- E-Home
Household Service Holdings Limited (Nasdaq: EJH) (the "Company" or
"E-Home"), a provider of integrated household services in
China, today announced that based
on the common development desire and mutual fit development
advantages, in friendly consultation, on the basis of mutual trust,
cooperation and win-win situation, the company has made substantial
progress in the Haixia Home Management College which has been
prepared for more than three years, i.e. reached agreement with
special investors to invest in the college, and at the same time
obtained the support from the government of Pingtan Comprehensive
Experimental Zone to be officially settled in Pingtan, Haixia Home
Management College will be combined with relevant national
preferential policies and enjoy the most preferential policies in
Pingtan Comprehensive Experimental Zone.
At present, the home care service industry and the elderly
service industry have been showing an annual growth of 20%, from
the central to local are concerned about the development of the
industry. However, few practitioners, irregular, low quality, no
standard, no qualification certificate, etc., have been plaguing
the development of home care and elderly care industry. At the same
time, there is no professional college in China to regulate the training of home care
services. For the practitioners in this industry, most of them are
still mainly trained by the enterprises themselves. E-Home with
dedicated investors is expected to invest 600 million RMB, and the first phase is expected
to invest 300 million RMB to set up a
higher education college in Pingtan, introducing an international
advanced education system to achieve a three-year system, with an
average annual full-time school size of 10,000 people and academic
upgrading practice. The non-academic education vocational training
is expected to be 30,000-50,000 persons.
Haixia Home Management College will have the dual function of
higher specialized vocational education and home management service
industry, so that education industry and service industry can
better integrate and promote each other,
industry-university-research, all-round, three-dimensional,
industrialization to promote the roots of Haixia Home Management
College, combined with enterprise resources to better direction and
home management professional students to provide a full range of
practical scenarios and employment opportunities, but also to
provide home management industry with The completion of the college
will be an important and substantial event to promote the
development of home management industry.
Mr. Xie Wenshan, Chairman and CEO of E-Home, commented, "Haixia
Home Management College, as a higher vocational education
institution, will drive the vocational education industry to an
annual output value of more than 1 billion
RMB. Haixia Home Management College is a school-enterprise
cooperation mode of operation, and with the help of enterprise
resources, students will become qualified home economics
practitioners, and through the enterprise to form industrialized
development and operation. With the combination of
industry-academia-research, the college will be able to radiate to
the whole country, i.e. to do solid backing for eHome to march to
the market value of 10 billion and to do solid backing for the
upgrading of home management service industry personnel."
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). 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. 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.
View original
content:https://www.prnewswire.com/news-releases/e-home-household-service-holdings-limited-with-dedicated-investors-to-set-up-haixia-home-management-college-in-pingtan-comprehensive-experimental-zone-301708913.html
SOURCE E-Home Household Service Holdings Limited