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    ICZOOM Recognized Among Shenzhen Top 500 Enterprises List

    10/18/24 9:00:00 AM ET
    $IZM
    Consumer Electronics/Video Chains
    Consumer Discretionary
    Get the next $IZM alert in real time by email

    HONG KONG, Oct. 18, 2024 /PRNewswire/ -- ICZOOM Group Inc. (NASDAQ:IZM) (the "Company" or "ICZOOM"), a B2B electronic component products e-commerce platform, announced that its wholly-owned subsidiary, Hjet Supply Chain Co., Ltd., ranked 390th among Shenzhen Top 500 Enterprises in 2024 as collectively released by Shenzhen Enterprise Confederation, Shenzhen Entrepreneurs Association and Qianzhan Industry Institute in the 2024 Shenzhen Top 500 Enterprises Development Report. This recognition acknowledges ICZOOM's comprehensive strength, industry competitiveness and brand influence.

    (PRNewsfoto/ICZOOM)

    Since its establishment, ICZOOM has been committed to building a trustworthy digital supply chain ecosystem, catering to clients' personalized needs. With its strong research and development capabilities, the Company has launched advanced SaaS-based enterprise resource planning (ERP) management software and financial management software. ICZOOM offers a one-stop solution that covers procurement, warehousing, logistics, customs clearance, inspection, sales, and automated settlement, which enables its clients to maintain real-time control over cash flow, information flow, products flow, and enhance the efficiency and standards of supply chain management.

    This recognition not only affirms ICZOOM's past achievements but also encourages its continuous development. The Company will continue to dedicate to technological innovation and quality services, create greater value for its clients and contribute to the development of the supply chain management service industry.

    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.iczoom.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.

    Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/iczoom-recognized-among-shenzhen-top-500-enterprises-list-302280352.html

    SOURCE ICZOOM Group Inc.

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    Q&A

    New
    • What does ICZOOM Group Inc. do and what recent recognition did it receive?

      ICZOOM Group Inc. (NASDAQ: IZM) is a B2B electronic component products e-commerce platform that provides a one-stop solution for procurement, warehousing, logistics, and more. Their subsidiary Hjet Supply Chain Co., Ltd. ranked 390th among Shenzhen's Top 500 Enterprises in 2024, highlighting ICZOOM's industry competitiveness and brand influence.

    • What does the recent ranking of ICZOOM's subsidiary signify?

      The recognition by Shenzhen Enterprise Confederation, Shenzhen Entrepreneurs Association, and Qianzhan Industry Institute is a validation of ICZOOM's strong market position and operational excellence in the electronic components sector. This accolade reflects their comprehensive strength and brand influence in the industry.

    • Who are the primary customers of ICZOOM and what services do they offer?

      ICZOOM's platform is designed to serve small and medium-sized enterprises (SMEs) in industries like consumer electronics, IoT, and automotive electronics. Their services include not only sales of electronic components but also temporary warehousing, logistics, and customs clearance, which are crucial for SMEs operating in these sectors.

    • What are ICZOOM's future plans regarding technological innovation?

      ICZOOM emphasizes technological innovation and quality services as critical components of its strategy to add value for clients and improve supply chain management. They have developed advanced SaaS-based ERP and financial management software to enhance their offering.

    • What does ICZOOM say about the nature of their forward-looking statements?

      The company acknowledges that forward-looking statements made regarding their future performance involve risks and uncertainties. These statements reflect current expectations and projections but actual results may differ materially due to various unpredictable factors and circumstances.

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