E-Home Household Service Holdings Limited (NasdaqCM:EJH) entered into a Memorandum of Understanding to explore the acquisition of Zhongrun (Fujian) Pharmaceutical Co., Ltd. on April 11, 2022. E-Home Household Service Holdings Limited (NasdaqCM:EJH) entered into an equity transfer agreement to acquire Zhongrun (Fujian) Pharmaceutical Co., Ltd. from Ling Chen on April 11, 2022. Zhongrun (Fujian) Pharmaceutical Co., Ltd. has reported annual sales of CNY 100 million in 2021.

The acquisition will complete within the next two months.