Hong Kong, Jan. 30, 2026 (GLOBE NEWSWIRE) --   ICZOOM Group Inc. (Nasdaq: IZM) (the “Company”), a B2B electronic component products e-commerce platform, today announced that its board of directors has approved a change to the schedule of the Company’s previously announced extraordinary general meeting of shareholders (the “EGM”). The EGM, which was previously scheduled to be held on February 27, 2026, has been postponed to May 29, 2026. In connection with the postponement, the record date for determining sh ...

Group 1 - The core point of the article highlights significant declines in the stock prices of several Chinese concept stocks, with notable drops in their trading volumes and market performance [1] Group 2 - Ming Teng International (MTEN) experienced a drastic decline of 43.15%, closing at 0.603 with a trading volume of 7.2959 million [1] - Su Xuan Tang (SXTC) saw a drop of 37.5%, closing at 1.250 with a trading volume of 416 million [1] - Brain Rejuvenation Technology (RGC) fell by 21.67%, closing at 41.420 with a trading volume of 166 million [1] - Pai Ming Chip City (IZM) decreased by 17.65%, closing at 2.100 with a trading volume of 56.11 million [1] - Star Map International (YIBO) dropped by 15.63%, closing at 0.8100 with a trading volume of 45.9 thousand [1]

| 代码 | 名称 | 最新价 | 涨跌幅 √ | 涨跌额 | 成交额 | | --- | --- | --- | --- | --- | --- | | IZM | 拍明芯城 | 2.280 | 26.67% | +0.480 | 188.2万 | | ELOG | 东源全球股份 | 1.650 | 16.20% | +0.230 | 8420.39万 | | UPC | 大自然药业 | 4.285 | 14.88% | +0.555 | 46.74万 | | AIFU | 智能未来 | 2.900 | 14.85% | +0.375 | 22.31万 | | YOUL | 优蓝国际 | 1.620 | 14.08% | +0.200 | 27.7万 | 格隆汇12月25日｜中概股收盘涨幅居前的个股为：拍明芯城涨26.67%，东源全球股份涨16.2%，大自然 药业涨14.88%，智能未来涨14.85%，优蓝国际涨14.08%。(格隆汇) ...

Core Viewpoint - ICZOOM Group Inc. has announced an extraordinary general meeting (EGM) for shareholders to vote on proposed changes to the Company's board and management, scheduled for February 27, 2026 [1] Group 1: EGM Details - The EGM will be held via teleconference at 10:00 AM U.S. Eastern Time [1] - Shareholders of record as of February 2, 2026, will be entitled to vote at the EGM [2] - Notices, proxy statements, and proxy cards are expected to be mailed to shareholders around February 2, 2026 [2] Group 2: Company Overview - ICZOOM Group Inc. operates a B2B e-commerce platform for electronic component products, primarily serving customers in Hong Kong and mainland China [3] - The Company focuses on small and medium-sized enterprises (SMEs) in sectors such as consumer electronics, IoT, automotive electronics, and industrial control [3] - The platform utilizes advanced technologies to optimize product offerings from various suppliers, providing transparency for SME customers [3] - In addition to product sales, the Company offers services including temporary warehousing, logistics, shipping, and customs clearance [3]

Group 1 - The core point of the article highlights significant stock price increases for several Chinese concept stocks, with notable gains in their respective closing prices [1] Group 2 - Haoxin Holdings (HXHX) experienced a remarkable increase of 273.91%, closing at 1.2900, with a trading volume of 270 million [1] - Meihua Chuangfu (MGRT) saw a rise of 70.41%, closing at 12.440, with a trading volume of 4.6887 million [1] - Jian Yong Biotechnology (MENS) increased by 50.55%, closing at 4.780, with a trading volume of 124 million [1] - Zhongchi Chefu (AZI) rose by 32.80%, closing at 3.320, with a trading volume of 163 million [1] - Paiming Xincheng (IZM) gained 28.00%, closing at 1.600, with a trading volume of 1.2584 million [1]

Group 1 - The article reports significant declines in the stock prices of several Chinese concept stocks, with Kuke Music experiencing the largest drop of 62.49% [1] - Other notable declines include Paiming Xincheng down 20.86%, BQ Pets down 17.31%, Wu Xin Holdings down 16.86%, and Shiliu Yunyi down 14.72% [1] - The trading volumes for these stocks varied, with Kuke Music having a trading volume of 51,300, while Shiliu Yunyi had a higher volume of 6,585,000 [1]

Company Overview - ICZOOM Group Inc. is a B2B electronic component products e-commerce platform primarily engaged in sales to customers in Hong Kong and mainland China [4] - The company serves small and medium-sized enterprises (SMEs) in various sectors including consumer electronics, Internet of Things (IoT), automotive electronics, and industry control [4] - ICZOOM's platform utilizes advanced technologies to optimize product offerings from suppliers, providing transparency for SME customers to compare and select products [4] Leadership Changes - Ms. Hantao Cui has been appointed as Chief Strategy Officer and Director of ICZOOM, effective November 11, 2025 [1] - Ms. Duanrong Liu will step down from her position as Chief Operating Officer on the same date [1] Ms. Hantao Cui's Background - Ms. Cui has extensive experience, having served as CEO of Matrix Science & Technology (Shanghai) Limited since January 2011, focusing on custom-designed transportation packaging [2] - She has held significant marketing roles, including Marketing Director for APAC at MFG.com and Greater China Marketing Manager at Global Sources [2] - Ms. Cui holds an MBA in International Management and a Bachelor of Science in Biology, and is a certified Six Sigma Greenbelt [3]

Group 1 - The core point of the article highlights the significant stock price increases of several Chinese concept stocks, with Ridgetech leading the gains at 73.81% [1] - Ridgetech's latest price is $3.650, with a rise of $1.550 and a trading volume of 13.931 million [1] - Dingxin Holdings and Paiming Xincheng also saw substantial increases, with gains of 35.04% and 33.65% respectively [1] Group 2 - Dingxin Holdings' latest price is $1.580, with an increase of $0.410 and a trading volume of 2.3054 million [1] - Paiming Xincheng's latest price is $1.390, with a rise of $0.350 and a trading volume of 15.4776 million [1] - E-Jia Kuai Fu also experienced a notable increase of 20.58%, with a latest price of $0.9200 and a trading volume of 287,600 [1] Group 3 - Huami Technology recorded a gain of 17.19%, with a latest price of $26.250 and an increase of $3.850, along with a trading volume of 9.4049 million [1]

Financial Performance - The company reported a gross profit increase of $1,160,118 or 23.4%, from $4,950,361 in fiscal year 2024 to $6,110,479 in fiscal year 2025[388]. - For the fiscal year ended June 30, 2025, the company reported a net income of $1,194,497, a significant increase from the net loss of $2,272,297 in fiscal year 2024[389]. - The company's revenues for the fiscal years ended June 30, 2025, 2024, and 2023 were $187,048,691, $177,933,890, and $214,405,226, respectively[390]. - Approximately 92.8% of net sales for the fiscal year ended June 30, 2025, consisted of semiconductor products[384]. Market and Industry Insights - The global semiconductor market reached $346 billion in the first half of 2025, marking an 18.9% year-over-year increase[332]. - The China Integrated Circuit Market size stands at $216.87 billion in 2025 and is forecast to climb to $347.51 billion by 2030, reflecting a strong 9.89% CAGR[332]. - The transaction volume of electronic components imported to China was more than $681.1 billion for the fiscal year ended June 30, 2025[331]. - For the fiscal years ended June 30, 2025, 2024, and 2023, the average selling prices of semiconductor products were $0.14, $0.21, and $0.22 per unit, respectively[311]. Business Operations and Strategy - The company aims to build a transparent and efficient trading platform for SME customers in the electronic components exchange market in China[323]. - The company launched printed circuit board assembly (PCBA) services in August 2025 to expand service capabilities for SME customers[327]. - The company has seen an increase in registered users on its e-commerce platform, solidifying its market position in the electronic component distribution industry[339]. - The company employs a real-time price matching service that connects SMEs with upstream suppliers, improving access to reliable electronic components[358]. - The company has a sales and marketing team of 22 members actively promoting the platform and collecting feedback from SMEs to enhance service offerings[358]. - The company aims to provide customized financing products and credit solutions to meet evolving customer demands, leveraging its big data analysis capabilities[346]. - The company is focused on reducing procurement costs and improving transaction efficiency for SMEs by disrupting the traditional component distribution value chain[351]. Compliance and Regulatory Environment - The company is committed to maintaining compliance with regulations affecting its business activities in China and Hong Kong[410]. - The company is subject to the Cyber Security Law, which requires measures to safeguard network operations and protect personal data[423]. - The Data Security Law, effective September 1, 2021, mandates a data classification and hierarchical protection system for data security[428]. - The company must comply with the APP Provisions, which prohibit activities that may endanger national security or disturb social order[427]. - The company holds less than 20,000 users' individual information, making it unlikely to be subject to cybersecurity review under the Cybersecurity Review Measures[429]. - The Personal Information Protection Law, effective November 1, 2021, mandates obtaining consent for using sensitive personal information[434]. Human Resources and Employment - The company has not experienced any labor disputes and maintains a good working relationship with employees[408]. - The company has a total of 97 full-time employees, with 15 in research and development, 22 in sales and marketing, and 36 in technical and customer services[406]. - Employers are required to provide social insurance benefits covering various types of insurance, with penalties for non-compliance[446]. - Employers must secure insurance policies for employee injuries, with a minimum coverage of HK$100,000,000 for up to 200 employees[493]. Legal and Taxation Matters - The uniform enterprise income tax rate is 25%, with a preferential rate of 15% for high and new technology enterprises[462]. - Dividends distributed to foreign investors from PRC subsidiaries are subject to a withholding tax rate of 10%, which can be reduced to 5% under certain conditions for Hong Kong enterprises[468]. - The SAT issued Circular 7, which allows for the recharacterization of indirect transfers of assets by non-resident enterprises as direct transfers, potentially subjecting them to PRC enterprise income tax[464]. - Non-compliance with the filing requirements under the Overseas Listing Measures can result in fines ranging from RMB 1 million to RMB 10 million[472].

Core Viewpoint - The company,拍明芯城 (IZM), has shown a positive financial performance with a notable increase in revenue and net profit, indicating potential growth in the electronic component trading platform industry [1]. Financial Performance - As of December 31, 2024, the total revenue of 拍明芯城 is projected to be $90.34 million, representing a year-on-year growth of 2.99% [1]. - The net profit attributable to the parent company is expected to reach $780,900, marking a significant year-on-year increase of 208.2% [1]. Company Overview - 拍明芯城 is a Cayman Islands-registered holding company, primarily operated by its domestic entity, 深圳市拍明芯城电子有限公司 [1]. - The company functions as a rapid matching platform for electronic components, providing a one-stop service for component procurement and comprehensive supply chain services [1]. - Its services are tailored for small and medium-sized enterprises, including matching services, order fulfillment, consignment purchasing, customs declaration, software customization, intelligent warehousing, smart logistics, and supply chain finance [1].