HONG
KONG, Dec. 20, 2023 /PRNewswire/ -- ICZOOM Group
Inc. (Nasdaq: IZM) (the "Company" or "ICZOOM"), a B2B electronic
component products e-commerce platform, announced today that the
Company was awarded The Most Popular IPO Company with Investors at
Zhitong Finance's Capital Market Annual Conference and Listed
Company Award Ceremony. ICZOOM beat out more than 1,000 other
listed companies in Hong Kong and
the United States to win the
prestigious award in recognition of the Company's growth, market
influence, capital market performance since its IPO listing,
industry ranking, corporate governance, social influence, ESG
achievements and several other factors.
ICZOOM's successfully listed on the Nasdaq Stock Market on
March 15, 2023, with ticker IZM. The
successful listing further strengthened the Company's balance
sheet, opened valuable new opportunities, and served as a global
branding event further raising ICZOOM's profile.
ICZOOM's CEO, Mr. Lei Xia, noted, "Our IPO served as another
important milestone in the evolution of ICZOOM. I am proud of our
team for everyone's dedication in helping ICZOOM achieve this
benchmark. As a founder CEO, I am constantly thinking about ways to
drive growth and create value for our employees, customers,
partners and shareholders. We have made impressive progress since
we started out in 2012 but the opportunities ahead are even more
exciting as we continue to leverage our e-commerce platform to help
small and medium sized microelectronics enterprises purchase
electronic components more conveniently, reduce procurement costs
and improve procurement efficiency. The digital transformation is
underway and ICZOOM is well positioned to benefit."
About Zhitong Finance's Annual Listed Companies
Selection
Since 2016, Zhitong Finance's
annual selection of listed companies has served as a premiere
event, bringing together financial and industry thought leaders to
share ideas and recognize outstanding performance. The two month,
multi-faceted selection process seeks input from experts, public
voting and other sources, with the final list of winners determined
by an expert review committee composed of investment institutions,
analysts, representatives from key industry associations and media
outlets. During this year's selection process, more than 1,000
Hong Kong and U.S.-listed
companies participated in the competition, including those across
all major industries.
About ICZOOM Group Inc.
ICZOOM Group Inc. (Nasdaq:
IZM) is primarily engaged in sales of electronic component products
to customers in Hong Kong and
mainland China through its B2B
e-commerce platform. These products are primarily used by
China based small and medium-sized
enterprises ("SMEs") in the consumer electronic industry, Internet
of Things ("IoT"), automotive electronics and industry control
segments. By utilizing latest technologies, the Company's platform
collects, optimizes and presents product offering information from
suppliers of all sizes, all transparent and available to its SME
customers to compare and select. In addition to the sales of
electronic component products, the Company also provides services
to customers such as temporary warehousing, logistic and shipping,
and customs clearance. For more information, please visit the
Company's website: http://ir.iczoomex.com/index.html.
Forward-Looking Statements
Certain statements in this
announcement are forward-looking statements. These forward-looking
statements involve known and unknown risks and uncertainties and
are based on the Company's current expectations and projections
about future events that the Company believes may affect its
financial condition, results of operations, business strategy and
financial needs. Investors can identify these forward-looking
statements by words or phrases such as "anticipate," "estimate,"
"plan," "project," "continuing," "ongoing," "expect," "we believe,"
"we intend," "may," "should," "will," "could" and similar
expressions. The Company undertakes no obligation to update or
revise publicly any forward-looking statements to reflect
subsequent occurring events or circumstances, or changes in its
expectations, except as may be required by law. Although the
Company believes that the expectations expressed in these
forward-looking statements are reasonable, it cannot assure you
that such expectations will turn out to be correct, and the Company
cautions investors that actual results may differ materially from
the anticipated results and encourages investors to review other
factors that may affect its future results in the Company's
registration statement and other filings with the U.S. Securities
and Exchange Commission.
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SOURCE ICZOOM