E-Home Shareholders Approve Strategic Share Consolidation

E-Home Household Service Holdings Limited, a prominent provider of integrated household services in China, has recently disclosed that its shareholders have approved a share consolidation at an extraordinary general meeting. This strategic move aims to streamline the Company's ordinary shares by combining them at a ratio ranging from one-for-two to one-for-ten, a decision that will be finalized by the Board within the next 90 days. Additionally, shareholders have granted the Board the authority to round up any fractional shares resulting from the consolidation process. It is important to note that the Board reserves the right to cancel the consolidation if it is deemed unfavorable for the Company.

Established in 2014, E-Home Household Service Holdings Limited operates through its platform 'e-home', offering a diverse array of household services to individual consumers and business clients alike. These services encompass home appliance maintenance, housekeeping, elderly care, and public establishment cleaning. The Company's primary focus is on ensuring customer satisfaction and setting benchmarks within the household service industry.

For more information on E-Home Household Service Holdings Limited and its offerings, interested individuals can visit the Company's official website. However, it is essential to bear in mind that this announcement includes forward-looking statements that are subject to various risks and uncertainties. Potential investors are advised to carefully consider the risk factors that could potentially impact the Company's future performance.

E-Home Household Service Holdings Limited's approval of the share consolidation signifies a strategic step towards enhancing operational efficiency and shareholder value. By consolidating its ordinary shares, the Company aims to optimize its capital structure and position itself for sustained growth in the competitive household service sector. As E-Home continues to prioritize customer satisfaction and industry excellence, it remains committed to delivering high-quality services and driving innovation within the market.