HONG
KONG, May 28, 2024 /PRNewswire/ -- ICZOOM
Group Inc. (Nasdaq: IZM) (the "Company" or "ICZOOM"), a B2B
electronic component products e-commerce platform, announced that
the "ICZOOM & WeBank Supply Chain Finance
Strategic Cooperation Signing Ceremony" was held at the
headquarters of ICZOOM in Shenzhen
on 27th May, which marked the official launch of
cooperation between the two parties in the field of supply chain
finance.
The strategic cooperation with WeBank further enhances ICZOOM's
role as a bridge in the industry chain. ICZOOM and Webank will work
together to provide customers with convenient, low-cost digital
supply chain financial services to ease their cash flow pressure
and help enterprises have robust development.
Mr. Lei Xia, CEO of ICZOOM, commented, "This partnership
provides SMEs (small and medium-sized enterprises) with more
convenient and efficient financial services, which will enable us
to provide more SMEs with customized supply chain solutions in the
electronic component supply chain."
Looking ahead, the management of ICZOOM believes that the
cooperation between ICZOOM and WeBank will continue to deepen, and
both parties will be committed to building a more open and
synergistic supply chain financial ecosystem to provide strong
support for the development of SMEs.
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 Group Inc.
