ICZOOM Group ^{Priced, Nasdaq: IZM}

We are an offshore holding company incorporated in Cayman Islands, conducting our operation in the People’s Republic of China (“PRC”) through our PRC subsidiaries and Shenzhen Pai Ming Electronics Co., Ltd. (“Pai Ming Shenzhen”), our variable interest entity (the “VIE”). To comply with PRC laws and regulations, we control our VIE through certain contractual arrangements dated December 14, 2020, and the main contribution of our VIE is to hold such ICP license, allowing us to provide internet information services through our e-commerce platform. We generate most, if not all, of our revenue from operations of our wholly foreign owned entity (“WFOE”), Components Zone (Shenzhen) Development Limited (“ICZOOM WFOE”) and its PRC subsidiaries. This is an offering of the Class A ordinary shares of the offshore holding company. Investors in this offering will not own any equity, directly or indirectly, in Pai Ming Shenzhen. See “Prospectus Summary—Contractual Arrangements” for a summary of these VIE agreements. We, supported by our e-commerce trading platform, are primarily engaged in sales of electronic component products to customers in the PRC. 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 segment. In addition to the sales of electronic component products, we also provide services to customers such as temporary warehousing, logistic and shipping, and customs clearance and charge them additional service commission fees.