LIZHI Recognized as a ‘Guangdong Province Enterprise

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GUANGZHOU, China, Nov. 01, 2022 (GLOBE NEWSWIRE) — LIZHI INC. (“LIZHI” or the “Company”) (NASDAQ: LIZI), an audio-based social and leisure firm, not too long ago unveiled its standing as a “Guangdong Province Enterprise Technology Center” throughout a celebratory ceremony. LIZHI was acknowledged by the Department of Industry and Information Technology of Guangdong Province (“DIIT”) after a number of rounds of appraisal, together with skilled evaluations and proposals from associated business enterprises.

An Enterprise Technology Center is a know-how R&D establishment established by firms to assist make the native market extra aggressive. Its focus is on constructing progressive platforms that advance core applied sciences and nurturing business leaders, to fulfill the event calls for of varied industries.

DIIT’s objective in recognizing Guangdong Province Enterprise Technology Centers is to encourage key business enterprises to drive technological progress and additional advance their progressive capabilities.

Mr. Jinnan (Marco) Lai, Founder and Chief Executive Officer of LIZHI, mentioned, “It is a great honor for us to receive the DIIT’s recognition as a Guangdong Province Enterprise Technology Center. This achievement is closely linked to the longstanding efforts of our distinguished colleagues in researching and exploring new directions in technological innovation. Becoming a Guangdong Province Enterprise Technology Center affirms LIZHI’s technical achievements to date and encourages us to continue developing our proprietary technologies.

“LIZHI has always believed that core technologies are the cornerstone of the Company’s business development. In the future, we plan to take our science and technology innovation to the next level and upgrade our technical capacity, while we continue to research comprehensive audio technology solutions. LIZHI aims to play a powerful supporting and enabling role in the sustainable development of our global audio business. We also strive to further promote the development of the audio industry.”

As a member of the Pilot Enterprise Cooperation Alliance of Online Audiovisual Industry in Guangdong Province, LIZHI’s Audio Engineering Technology Research Center was beforehand acknowledged by the Guangdong Science and Technology Department on its 2021 checklist of Engineering Technology Research Centers of Guangdong Province.

About LIZHI INC.
LIZHI INC. has created a complete audio-based social ecosystem with a international presence. The Company goals to cater to customers’ pursuits in audio leisure and social networking via its product portfolio. LIZHI INC. envisions an audio ecosystem the place everybody might be linked and work together via voices. LIZHI INC. has been listed on Nasdaq since January 2020.

Safe Harbor Statement
This press launch accommodates forward-looking statements. These statements are made beneath the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that aren’t historic information, together with statements concerning the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements contain inherent dangers and uncertainties, and a variety of elements may trigger precise outcomes to vary materially from these contained in any forward-looking assertion. In some circumstances, forward-looking statements might be recognized by phrases or phrases such as “may”, “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or different comparable expressions. Further data concerning these and different dangers, uncertainties or elements is included within the Company’s filings with the Securities Exchange Commission. All data supplied on this press launch is as of the date of this press launch, and the Company doesn’t undertake any responsibility to replace such data, besides as required beneath relevant regulation.

For investor and media inquiries, please contact:
In China:
LIZHI INC.
IR Department
Tel: +86 (20) 3866-4265
E-mail: [email protected]



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