Business
E-Home Household Service Holdings Limited with Dedicated Investors to set up Haixia Home Management College in Pingtan Comprehensive Experimental Zone
FUZHOU, China, Dec. 22, 2022 /PRNewswire/ -- E-Home Household Service Holdings Limited (Nasdaq: EJH) (the "Company" or "E-Home"), a provider of integrated
About this update from E-home Household Service Holdings Limited
[{"type":"text","content":"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.\nAt 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.\nHaixia 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 ho...