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ICZOOM Concluded 2024 with Multiple Awards

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ICZOOM Group (Nasdaq: IZM), a B2B electronic component products e-commerce platform, has been recognized with two significant awards in 2024. The company was selected as one of the Top 100 Innovative Enterprises of 2024 in the Guangdong-Hong Kong-Macao Greater Bay Area at the 7th Shenzhen-Hong Kong-Macao Science and Innovation Conference. This selection was based on criteria including financial performance, intellectual property assets, revenue, and core team evaluation.

Additionally, ICZOOM ranked 74th among the Top 100 Digitalization Enterprises of 2024 in China, as announced by the 2B Research Team. This ranking was determined through scientific algorithms evaluating news distribution, revenue and GMV data, exchanges listing information, website traffic, and court judgment documents. The company plans to continue investing in technological innovation and digital transformation in 2025.

Il Gruppo ICZOOM (Nasdaq: IZM), una piattaforma B2B di e-commerce per prodotti di componenti elettronici, 猫 stato riconosciuto con due premi significativi nel 2024. L'azienda 猫 stata selezionata come una delle Top 100 Imprese Innovative del 2024 nella Greater Bay Area di Guangdong-Hong Kong-Macao durante la 7陋 Conferenza sulla Scienza e Innovazione di Shenzhen-Hong Kong-Macao. Questa selezione si basa su criteri che includono le performance finanziarie, i beni di propriet脿 intellettuale, i ricavi e la valutazione del team centrale.

Inoltre, ICZOOM si 猫 classificato 74掳 tra le Top 100 Imprese di Digitalizzazione del 2024 in Cina, come annunciato dal 2B Research Team. Questa classifica 猫 stata determinata attraverso algoritmi scientifici che valutano la distribuzione di notizie, i dati sui ricavi e GMV, le informazioni relative ai listini di scambio, il traffico web e i documenti di sentenze giudiziarie. L'azienda prevede di continuare a investire in innovazione tecnologica e trasformazione digitale nel 2025.

El Grupo ICZOOM (Nasdaq: IZM), una plataforma de comercio electr贸nico B2B para productos de componentes electr贸nicos, ha sido reconocida con dos premios significativos en 2024. La empresa fue seleccionada como una de las Top 100 Empresas Innovadoras de 2024 en el 脕rea de la Gran Bah铆a de Guangdong-Hong Kong-Macao durante la 7陋 Conferencia de Ciencia e Innovaci贸n de Shenzhen-Hong Kong-Macao. Esta selecci贸n se bas贸 en criterios que incluyen el rendimiento financiero, los activos de propiedad intelectual, los ingresos y la evaluaci贸n del equipo central.

Adem谩s, ICZOOM ocup贸 el 74.潞 lugar entre las Top 100 Empresas de Digitalizaci贸n de 2024 en China, tal como lo anunci贸 el equipo de investigaci贸n 2B. Este ranking fue determinado a trav茅s de algoritmos cient铆ficos que evaluaron la distribuci贸n de noticias, los datos de ingresos y GMV, la informaci贸n sobre listados en bolsas, el tr谩fico del sitio web y los documentos de sentencias judiciales. La empresa planea continuar invirtiendo en innovaci贸n tecnol贸gica y transformaci贸n digital en 2025.

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霕愴暅 ICZOOM鞚 2B 鞐瓣惮韺鞚� 氚滍憸頃� 2024雲� 欷戧淡鞚� 霐旍韯疙檾 旮办梾 100靹� 欷� 74鞙勳棎 鞓瀽鞀惦媹雼�. 鞚� 靾滌渼電� 雺挫姢 氚绊彫, 靾橃澋 氚� GMV 雿办澊韯�, 瓯半灅靻� 靸侅灔 鞝曤炒, 鞗轨偓鞚错姼 韸鸽灅頂� 氚� 氩曥洂 韺愱舶 氍胳劀 霌膘潉 韽夑皜頃橂姅 瓿柬暀鞝� 鞎岅碃毽鞚� 韱淀暣 瓴办爼霅橃棃鞀惦媹雼�. 鞚� 須岇偓電� 2025雲勳棎霃� 旮办垹 順侅嫚瓿� 霐旍韯� 鞝勴櫂鞐� 瓿勳啀 韴瀽頃� 瓿勴殟鞛呺媹雼�.

Le Groupe ICZOOM (Nasdaq: IZM), une plateforme de commerce 茅lectronique B2B pour les produits de composants 茅lectroniques, a 茅t茅 reconnu avec deux prix importants en 2024. L'entreprise a 茅t茅 s茅lectionn茅e comme l'une des Top 100 Entreprises Innovantes de 2024 dans la Greater Bay Area de Guangdong-Hong Kong-Macao lors de la 7猫me Conf茅rence sur la Science et l'Innovation de Shenzhen-Hong Kong-Macao. Cette s茅lection repose sur des crit猫res incluant la performance financi猫re, les actifs de propri茅t茅 intellectuelle, les revenus et l'茅valuation de l'茅quipe centrale.

De plus, ICZOOM s'est class茅 74猫me parmi les Top 100 Entreprises de Digitalisation de 2024 en Chine, comme annonc茅 par l'茅quipe de recherche 2B. Ce classement a 茅t茅 d茅termin茅 脿 l'aide d'algorithmes scientifiques 茅valuant la distribution de nouvelles, les donn茅es de revenus et GMV, les informations sur les cotations boursi猫res, le trafic du site web et les documents de jugement judiciaire. L'entreprise pr茅voit de continuer 脿 investir dans l'innovation technologique et la transformation num茅rique en 2025.

Die ICZOOM-Gruppe (Nasdaq: IZM), eine B2B-E-Commerce-Plattform f眉r elektronische Bauteilprodukte, wurde 2024 mit zwei bedeutenden Auszeichnungen geehrt. Das Unternehmen wurde bei der 7. Shenzhen-Hongkong-Macao Wissenschafts- und Innovationskonferenz als eines der Top 100 Innovativen Unternehmen in der Greater Bay Area Guangdong-Hongkong-Macao ausgew盲hlt. Diese Auswahl beruhte auf Kriterien wie finanzieller Leistung, geistigem Eigentum, Umsatz und Bewertung des Kernteams.

Dar眉ber hinaus belegte ICZOOM den 74. Platz unter den Top 100 Digitalisierungsunternehmen 2024 in China, wie das 2B Research Team bekannt gab. Dieses Ranking wurde durch wissenschaftliche Algorithmen bestimmt, die die Verteilung von Nachrichten, Umsatz- und GMV-Daten, B枚rsennotierungsinformationen, Website-Verkehr und Gerichtsentscheidungsdokumente ausgewertet haben. Das Unternehmen plant, auch 2025 in technologische Innovation und digitale Transformation zu investieren.

Positive
  • Recognition as one of Top 100 Innovative Enterprises in Greater Bay Area
  • Ranked 74th in Top 100 Digitalization Enterprises of China
Negative
  • None.

Insights

This news about ICZOOM receiving awards in innovation and digitalization lacks material financial impact. While the awards recognize the company's technological capabilities and market position in the Greater Bay Area, they don't directly translate to revenue growth or profitability improvements. The selection criteria mentioned, including financial performance and GMV data, reflect past achievements rather than forward-looking catalysts.

For a micro-cap company with a market cap of $20 million, these accolades might provide some brand visibility but are unlikely to significantly influence trading patterns or institutional investor interest. The company's ranking as 74th among China's top digitalization enterprises suggests moderate competitive positioning in the B2B e-commerce space, though the real value driver will be their ability to convert this recognition into tangible business growth.

HONG KONG, Jan. 3, 2025 /PRNewswire/ -- ICZOOM Group Inc. (Nasdaq: IZM) (the "Company" or "ICZOOM"), a B2B electronic component products e-commerce platform, announced that it concluded a successful year of 2024 as being selected as one of the Top 100 Innovative Enterprises of 2024 in the Guangdong-Hong Kong-Macao Greater Bay Area and the Top 100 Digitalization Enterprises of 2024 in China.

On December 30, 2024, at the 7th Shenzhen-Hong Kong-Macao Science and Innovation Conference held in Shenzhen, ICZOOM was selected as one of the Top 100 Innovative Enterprises of 2024 in the Guangdong-Hong Kong-Macao Greater Bay Area. The selection emphasized on specialized and international high-tech companies in the science and technology industries and evaluated several aspects, including but not limited to, financial performance, intellectual property assets, revenue, core team members and authoritative recognitions.

Recently, ICZOOM also ranked the 74th among the Top 100 Digitalization Enterprises of 2024 in China announced by the 2B Research Team (). The list was generated using scientific algorithms, primarily based on five aspects: companies' news distribution data, revenue +听GMV (Gross Merchandise Value) data, exchanges listing + financing data, website traffic data and court judgement documents.

These recognitions demonstrate ICZOOM's exceptional performance and strong position in the electronic component industry. In 2025, ICZOOM will continue to increase investment in technological innovation and digital transformation, aiming to achieve greater achievements in the electronic 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:
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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.

FAQ

What awards did ICZOOM (IZM) receive in 2024?

ICZOOM received two major awards in 2024: it was selected as one of the Top 100 Innovative Enterprises in the Guangdong-Hong Kong-Macao Greater Bay Area and ranked 74th among the Top 100 Digitalization Enterprises in China.

What criteria were used to select IZM for the Top 100 Innovative Enterprises award?

The selection criteria included financial performance, intellectual property assets, revenue, core team members, and authoritative recognitions, focusing on specialized and international high-tech companies.

How was ICZOOM's (IZM) ranking determined in the Top 100 Digitalization Enterprises list?

The ranking was determined using scientific algorithms based on five aspects: news distribution data, revenue + GMV data, exchanges listing + financing data, website traffic data, and court judgement documents.

What are ICZOOM's (IZM) plans for 2025 following these awards?

ICZOOM plans to increase investment in technological innovation and digital transformation in 2025, aiming to achieve greater achievements in the electronic industry.
ICZOOM GROUP INC.

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