EJH - Mergers and acquisitions

FUZHOU, China, July 22, 2022 (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 that via its wholly-owned Hong Kong subsidiary E-Home Household Service Holdings Limited (" Hong Kong E-Home"), the Company has completed the acquisition of majority ownership of Zhongrun (Fujian) Pharmaceutical Co., Ltd. ("Zhongrun"), a leading medicine and personal care products operator in China. Pursuant to the Agreement, Hong Kong E-Home will acquire 55% of equity interests in Zhongrun. Upon completion of the transaction, Hong Kong E-Home has the right to appoint at two-thirds of memb

FUZHOU, China, Nov. 30, 2021 /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 its affiliated variable interest entity, Pingtan Comprehensive Experimental Area E Home Service Co., Ltd. ("E-Home Pingtan") had entered into an equity transfer agreement to acquire 51% equity interests of Fuzhou Sijie Cleaning Service Co., Ltd.  ("Sijie Cleaning") in cash. The acquisition marks a significant step of E-Home expanding its household cleaning business to public places cleaning market and will improve E-Home's cleaning business service capacities and scopes. "Joining forces wit

FUZHOU, China,, Sept. 22, 2021 /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 its affiliated variable interest entity, Pingtan Comprehensive Experimental Area E Home Service Co., Ltd. ("E-Home Pingtan") had entered into an equity transfer agreement to acquire 51% equity interests of Fuzhou Sijie Cleaning Service Co., Ltd.  ("Sijie Cleaning") in cash. The acquisition marks a significant step of E-Home expanding its household cleaning business to public places cleaning market and will improve E-Home's cleaning business service capacities and scopes. "Joining forces w

FUZHOU, China, July 15, 2021 /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 its affiliated variable interest entity, Pingtan Comprehensive Experimental Area E Home Service Co., Ltd. ("E-Home Pingtan"), entered into a farm transfer agreement (the "Farm Transfer Agreement") with Ms. Ling Chen, pursuant to which E-Home Pingtan or a designated third party will acquire 100% of all tangible and intangible assets of Danyang Situ Fengyi Farm ("Fengyi Farm") in cash from Ms. Chen. We expect that this acquisition will help accelerate the expansion of our senior care busi

FUZHOU, China, June 23, 2021 /PRNewswire/ -- E-Home Household Service Holdings Limited (NASDAQ:EJH) (the "Company"), a provider of integrated household services in China, today announced that its affiliated variable interest entity, Fuzhou Fumao Health Technology Co. Ltd. ("Fumao"), entered into an equity transfer agreement (the "Equity Transfer Agreement") with Fuzhou Gulou Jiajiale Family Service Co. Ltd. ("Jiajiale"), a well-known household services company in Fuzhou, China, pursuant to which Fumao will acquire 100% of equity interests of Jiajiale in cash. The acquisition is expected to strengthen the Company's competitiveness in household services and facilitate the execution of its grow