E-Home Home Services Holdings Limited Establishes Resource Recycling Department

Core Viewpoint - E-Home Household Services Holdings Limited has established a new Resource Recycling Department to align with national policy and leverage its existing business advantages, aiming to enhance resource utilization and create new profit growth points [2][3]. Group 1: Company Overview - E-Home is an integrated home services provider based in Fuzhou, China, and was established in 2014. It is listed on NASDAQ under the ticker EJH [4]. - The company operates in various sectors, including home appliance installation and maintenance, housekeeping, and public cleaning services, with two main business channels: ToB (business-to-business) and ToC (business-to-consumer) [4][5]. Group 2: New Department and Business Strategy - The Resource Recycling Department will focus on recovering used home appliances and old materials through door-to-door services provided by maintenance technicians and cleaners, in collaboration with professional recycling companies [2]. - Initially, the department will function as an independent business unit, with plans to register as a subsidiary for independent operations [2]. Group 3: Environmental and Economic Impact - The establishment of the Resource Recycling Department is intended to reduce environmental pollution and improve resource efficiency, contributing to sustainable economic and social development [3]. - The initiative is expected to create new employment opportunities while enhancing the company's profitability [3].