SHENZHEN, China, June 2, 2023
/PRNewswire/ -- ICZOOM Group Inc. (Nasdaq: IZM) (the "Company"
or "ICZOOM"), a B2B electronic component products e-commerce
platform, today announced Shenzhen Yongyutai Electronics Co., Ltd
("KUU & YONGYUTAI"), a reputable manufacturer of discrete
electronic components with wide applications in fields including
robotics, security, communication, auto, and medical equipment,
joined Company's B2B online platform as a registered supplier.
The Company's disrupted e-commerce platform connects small and
medium-sized enterprises ("SMEs") across China in the consumer electronics, Internet of
Things ("IoT"), automotive electronics and industry control segment
with global suppliers of electronic components products by
providing comprehensive solutions with regards to product
offerings, real-time pricing, product searching, discount
negotiation and relevant services.
KUU & YONGYUTAI is a well-known supplier that develops,
designs, manufactures, and sells discrete electronic components
products. Adding their products in the offerings available on the
Company's platform provides the Company's customers with additional
selection of high-quality products, and may not only help to retain
existing customers but to attract new customers.
Mr. Lei Xia, the CEO and the Chairman of the Board of Directors
of ICZOOM, commented, "We are thrilled to have KUU & YONGYUTAI
as a registered supplier on our platform. KUU & YONGYUTAI is a
highly sought-after partner in the electronic component industry,
famous for its product quality and corporate integrity.
Furthermore, we will continue to expand our product offerings to
benefit China's SMEs by improving
their access to quality electronic components, contributing to the
growth of the industry."
About ICZOOM Group Inc.
ICZOOM Group Inc. 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.
For more information, please contact:
ICZOOM Group Inc.
Investor Relations Department
Phone: +86-(755) 88603072
Email: investors@iczoom.com
Ascent Investors Relations LLC
Tina Xiao
Phone: +1 917 609-0333
Email: tina.xiao@ascent-ir.com
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SOURCE ICZOOM Group Inc.