E-Home Household Services Holdings Intends To Merge And Acquire Fuzhou Yunding Mutual Chain Information Technology Company Limited, An AI Access Control System + Smart Community Service Company To Expand The Front-end Industry Chain; Financial Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
E-Home Household Services Holdings Limited (NASDAQ:EJH) plans to merge with and acquire Fuzhou Yunding Mutual Chain Information Technology Company Limited to expand its front-end industry chain. Fuzhou Yunding specializes in AI access control systems and smart community services.
October 09, 2024 | 1:11 pm
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E-Home Household Services Holdings Limited is set to merge with Fuzhou Yunding to enhance its AI and smart community service offerings. This strategic move aims to expand EJH's front-end industry chain.
The merger with Fuzhou Yunding is a strategic move for EJH to expand its offerings in AI and smart community services, potentially increasing its market reach and revenue streams. This is likely to have a positive impact on EJH's stock price in the short term.
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