#China #NASDAQ #Fuzhou #Share Consolidation #E-Home

E-Home Household Service Holdings Limited: Share Consolidation Announcement

E-Home Household Service Holdings Limited, a leading provider of integrated household services in China and listed on Nasdaq under the ticker EJH, has made a significant announcement regarding its corporate restructuring efforts. Effective March 30, 2026, E-Home will implement a share consolidation at a ratio of one (1) post-consolidation share for every twenty-five (25) pre-consolidation shares. This strategic move aims to ensure compliance with Nasdaq’s Rule 5550(a)(2), which pertains to the minimum bid price for the Company’s ordinary shares.

Purpose of the Consolidation

The share consolidation is a critical step for E-Home, given its current outstanding ordinary shares count of 80,003,859. Post-consolidation, this figure will be reduced to approximately 3,200,155 shares, which is expected to enhance the company's market position and investor interest. This restructuring aligns with the management's long-term vision of strengthening the company's fundamentals and market capitalization.

Moreover, the adjustment in share capital will not change the existing ownership interest of shareholders. Each shareholder’s proportional voting power remains intact, although minor adjustments may occur with fractional shares, which will be rounded up accordingly. This reinforces E-Home's commitment to maintaining strong relationships with its investors while adhering to regulatory requirements.

Corporate Structure Post-Consolidation

The authorized share capital prior to the consolidation is valued at US$1,000,020,000 and is comprised of two classes of shares: ordinary shares with a par value of US$0.05 each, and preferred shares with a nominal value of US$0.002. Following the consolidation, the new structure will include authorized ordinary shares capped at 800,000,000, each with a par value of US$1.25, while maintaining the preferred shares at 10,000,000. This adjustment allows E-Home to align its capital structure better with its operational goals and market expectations.

E-Home’s Business Overview

Founded in 2014 and headquartered in Fuzhou, China, E-Home has established itself as a comprehensive service provider across various sectors of household management. The offerings include smart home installations, maintenance, cleaning services, and public space sanitation, among others. Recently, the company has shifted towards implementing advanced technologies like AI to enhance its operational efficiency and customer service.

E-Home has been pioneering an 'Internet + AI' approach, which integrates customer service operations with AI-driven solutions and management systems. This not only optimizes service efficiency but also elevates customer satisfaction—ensuring that E-Home remains competitive in the fast-evolving domestic services market.

Looking Ahead

As E-Home embarks on this transformative share consolidation process, the leadership remains committed to sustaining long-term growth and shareholder value. The move is part of a broader strategy designed to position the company favorably within the marketplace, paving the way for future expansions and increased service capabilities.

Investors are encouraged to stay informed about the developments surrounding E-Home, as this consolidation may create further opportunities for enhanced investment potential in the service sector.

For further information and ongoing updates, stakeholders are invited to visit E-Home's official website at E-Home Official.

Forward-Looking Statements

This announcement contains forward-looking statements, which are subject to risks and uncertainties that could cause actual results to differ materially from those anticipated. The company will not undertake any obligation to update these forward-looking statements except as required by law. Investors should review the risks detailed in the company's SEC filings.

In conclusion, E-Home Household Service Holdings Limited's strategic initiative through this share consolidation demonstrates a proactive approach to business sustainability and regulatory compliance, reflecting its promise to shareholders and the market at large.