HONG
KONG, Nov. 9, 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 named Outstanding e-Commerce Platform of the Year at
the prestigious Global IC & Component Exhibition and
Conference, IIC Shenzhen 2023. This marks the seventh consecutive
year the Company has been named Outstanding e-Commerce Platform of
the Year by the major global IC and component exhibition and
conference. Separately, the Company's subsidiary Hjet Supply Chain
won top honors with the important Global Electronic Component
Distributor Excellence Award.
ICZOOM's CEO, Mr. Lei Xia commented, "We are honored to be named
Outstanding e-Commerce Platform of the Year and to receive the
Global Electronic Component Distributor Excellence Award from the
prestigious IIC Shenzhen. This is in recognition of our entire
team's hard work and dedication to providing our customers with
increased efficiencies, broader and faster access to the components
they need, and pricing transparency. This important industry-wide
recognition underscores our leadership and unwavering commitment to
further success as we continue to meet the needs of our customers
and build value for our shareholders."
IIC Shenzhen 2023 combines industry exchanges, multi-channel
interaction, and resources aggregation, and brings together annual
innovative product display, technology exchange, high-end forum,
and industry summit. The exhibition sets up high-end exhibition
areas such as IC design and application area, distributor area, and
semiconductor comprehensive exhibition area, etc., to display IC
design, EDAIP, Internet of Things, AI, automotive electronics,
green energy, smart industry, wireless technology, and other major
emerging technologies and products. For more information please
visit https://iic.eet-china.com/index_en.html.
At this year's event, experts from upstream and downstream
enterprises from across leading semiconductor OEMs, distributors,
solution providers, and terminal factories (EMS/OEM/ODM) focused on
supply chain security issues, elaborated on innovative thinking and
insight into market trends, and deeply interpreted supply chain
development trends and opportunities under semiconductor cycle
variables.
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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